First time leaser - is this a good deal?

bmlover88

Never leased before hoping to pull the trigger tomorrow. Having read the posts on here re; negotiating lease I have come up with the following for a demo (4k miles) 2016 328i X Drive 36/10 in Illinois. Can someone please let me know if this looks to be a good deal on 1.Negotiated price 2.My calculations leading to expected monthly payment 3.Should I be expectng any other 'fees' than disposition fee ($350), Fees and Insurance ($390.27), first month upfront ($495.80)?
Many thanks in advance for your help.

MSRP $46,396
Negotiated Price $41,549
Trade In Credit $0
Down Payment $0
Money Factor 0.00135
Lease Term (months) 36
Residual Value 61%
Dupage County Sales Tax 7.25%


Car Worth At End Of Lease $28,301.56
How Much Of Car's Value Will Be Using $13,247.44
Month Lease Payment Before Interest and Tax $367.98
Interest Per Month $94.30
Monthly Lease Payment Before Tax $462.28
Dupage County Sales Tax $33.52
TOTAL MONTHLY CAR LEASE PAYMENT $495.80

Michaell

bmlover88 said:

Never leased before hoping to pull the trigger tomorrow. Having read the posts on here re; negotiating lease I have come up with the following for a demo (4k miles) 2016 328i X Drive 36/10 in Illinois. Can someone please let me know if this looks to be a good deal on 1.Negotiated price 2.My calculations leading to expected monthly payment 3.Should I be expectng any other 'fees' than disposition fee ($350), Fees and Insurance ($390.27), first month upfront ($495.80)?
Many thanks in advance for your help.

MSRP $46,396
Negotiated Price $41,549
Trade In Credit $0
Down Payment $0
Money Factor 0.00135
Lease Term (months) 36
Residual Value 61%
Dupage County Sales Tax 7.25%


Car Worth At End Of Lease $28,301.56
How Much Of Car's Value Will Be Using $13,247.44
Month Lease Payment Before Interest and Tax $367.98
Interest Per Month $94.30
Monthly Lease Payment Before Tax $462.28
Dupage County Sales Tax $33.52
TOTAL MONTHLY CAR LEASE PAYMENT $495.80

Answered in the other thread you posted in.