Is this a good deal? 2014 BMW 335i lease.
Can someone please help me. Below is what I was offered on a 2014 BMW 335i xdrive exactly as they sent to me. Is this a good deal? If not, where should I ask for more? I am in Seattle and a current BMW lease holder. They have some deal where I can get out of my lease early if I lease another BMW with no added cost to me. Thank you.
- MSRP: $59890
- Discount: $3140
- AWD Credit: $1250
- Conquest Credit: $750
- Selling Price: $54750
- Lease Term: 3 years
- Lease Mileage: 10k
- Money Factor: 0.0017
- Residual: 63%
Lease Acq Fee: $750
Total cash down:
- 1st month payment: $716
- Licencing est. $269
- Doc Fee: $150
Overall cash down: $1135
Monthly payment: $716.
Thanks for your help!
Best Answer
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konacoug
Member Posts: 196
The sell price is okay, however, they have max marked up the money factor from the base rate of .00130, this is a significant rate increase. It is probably costing you between $40-50 dollars a month in payments. It is just like they took $1800 away from you. Also, I got a payment of $683 with WA tax included, with the inflated mf rate of .00170, so there is something wrong with your numbers. Overall, your payment just seems to high to me.
5
Answers
Thanks for the feedback. I figured the MF was high from browsing the other comments in the chat. But as far as my numbers being wrong, I put in there exactly what they gave me? Can you give me the math that gets to the $683 so I can prove it to them? I really appreciate your help konacoug!
I used the numbers u provided and plugged them into the edmunds lease calculator. I would ask them to provide with an itemized list of charges. I rec u send an email to Greg P [non-permissible content removed] at pacific BMW in la with your build request and see what kind of numbers he gives u.