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      03-15-2008, 05:43 AM   #1
onesixeight
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Real World Lease Quotes...

Hi Guys...

I'm wondering if anyone has gotten any real world lease quotes. I know the residuals are the greatest, but I'm just curious to know what the figures/quotes people have been getting.

I currently have an X5 4.8i with a ton of problems that I'm working on getting my dealer to buy back. I'm hoping to get into a E92 for about the same money...

Thanks!

Chris
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      03-15-2008, 06:48 AM   #2
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13K out of pocket and about $750/mo payment.
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      03-15-2008, 09:28 AM   #3
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not bad for 750/mo, but 13k is a good chunk down...good luck dumping that x5.
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      03-15-2008, 02:21 PM   #4
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13K out of pocket and about $750/mo payment.
I'm sorry, but $13k down is about the dumbest thing I've ever heard someone doing on a lease!
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      03-15-2008, 02:30 PM   #5
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those figures are not right i've seen m3 at my dealer with 3,500 down and $995 a month for 36 months
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      03-15-2008, 03:11 PM   #6
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Quote:
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those figures are not right i've seen m3 at my dealer with 3,500 down and $995 a month for 36 months
could you please get the MSRP, residual, and money factor that particular dealer is offereing? I would love to see that deal.
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      03-15-2008, 04:07 PM   #7
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Quote:
Originally Posted by onesixeight View Post
Hi Guys...

I'm wondering if anyone has gotten any real world lease quotes. I know the residuals are the greatest, but I'm just curious to know what the figures/quotes people have been getting.

I currently have an X5 4.8i with a ton of problems that I'm working on getting my dealer to buy back. I'm hoping to get into a E92 for about the same money...

Thanks!

Chris
u have a link to the place?
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      03-15-2008, 04:48 PM   #8
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Quote:
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those figures are not right i've seen m3 at my dealer with 3,500 down and $995 a month for 36 months
Are you sure about these numbers ? Thats the lowest I have heard of.
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      03-15-2008, 05:56 PM   #9
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Quote:
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those figures are not right i've seen m3 at my dealer with 3,500 down and $995 a month for 36 months
Man, that is getting raped for a 3 series. That's ridiculous.
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      03-15-2008, 06:15 PM   #10
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Quote:
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I'm sorry, but $13k down is about the dumbest thing I've ever heard someone doing on a lease!
Why? What if I were to pay forward the full lease at $41,500 for 15K/year and 36 months? I still negotiate the best price before leasing and have an option to buy when the lease comes to an end. By the way, this is on a sedan that is fully loaded with 19" wheels.
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      03-15-2008, 06:21 PM   #11
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Why? What if I were to pay forward the full lease at $41,500 for 15K/year and 36 months? I still negotiate the best price before leasing and have an option to buy when the lease comes to an end. By the way, this is on a sedan that is fully loaded with 19" wheels.
If the M3 is wrecked and totaled two days after you get it you'll lose the $13K you put down on it.

http://www.leasecompare.com/autolease101_6.php
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      03-15-2008, 06:28 PM   #12
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^^ +1 putting anything over 2 down (to cover drive off fees) is insane
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      03-15-2008, 06:38 PM   #13
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Best leasing strategy when factors are good is to put as close to $0 down as possible. When the terms are crappy, as they currently are on the M3's, I really do not know what the best strategy for leasing is.
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      03-15-2008, 06:48 PM   #14
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i tell you... go to another bank/leasing company and get into one for a cheaper rate.
if you really want the car you can get in one temporarily, sell ur lease to someone else, then get another one
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      03-15-2008, 06:56 PM   #15
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Those number I put are from my dealer, VOB in MD so they are legit, this is towards an msrp of 65800. I would be outraged to pay anymore than that honestly. 1300 a month with 3500 down is M5 territory. The m3 comes pretty close to that and it costs almost 20 k less.
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      03-15-2008, 07:02 PM   #16
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If the M3 is wrecked and totaled two days after you get it you'll lose the $13K you put down on it.

http://www.leasecompare.com/autolease101_6.php
Why would you lose your money if it were wrecked? What if I purchased the car and then I wrecked the car? I would obviously carry insurance. What is the difference between owning and leasing when it comes to using insurance?
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      03-15-2008, 07:02 PM   #17
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I would say these number are pretty straightforward I just found this advertisement online matches what my dealer is pretty much offering
http://www.swapalease.com/VehicleSea...hicleID=408993
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      03-15-2008, 07:05 PM   #18
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Why would you lose your money if it were wrecked? What if I purchased the car and then I wrecked the car? I would obviously carry insurance. What is the difference between owning and leasing when it comes to using insurance?
you are not paying towards the car but the value (depreciation) of which you use it. There is no equity involved such as in purchasing a car.
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      03-15-2008, 07:20 PM   #19
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you are not paying towards the car but the value (depreciation) of which you use it. There is no equity involved such as in purchasing a car.
So, if you had $45,000 saved towards a new car, what would you do? I didn't want to make any payments while driving the car. I also may decide to buy the car at the end of lease.
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      03-15-2008, 07:43 PM   #20
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I would say these number are pretty straightforward I just found this advertisement online matches what my dealer is pretty much offering
http://www.swapalease.com/VehicleSea...hicleID=408993
Umm.. That car you linked has a msrp ~$68,500 Looks like they arn't marking up the rate.

What's the msrp on the car VOB quoted you?
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      03-15-2008, 07:50 PM   #21
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So, if you had $45,000 saved towards a new car, what would you do? I didn't want to make any payments while driving the car. I also may decide to buy the car at the end of lease.
If you have $45K you want to put towards the car, finance it at 5% interest, BMWs leasing factors are currently outrageous. You can then sell the car whenever you want, you will never be upside down. I probably would still not put $45K down with interest rates as low as they are. Put the cash in an investment and just make higher payments. My bet is you can get better than 5% return on your money over 3 or so years.
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      03-15-2008, 07:50 PM   #22
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So, if you had $45,000 saved towards a new car, what would you do? I didn't want to make any payments while driving the car. I also may decide to buy the car at the end of lease.
Setup auto pay!

Lets say your car is MSRP 70K, If you put down $13K and totalled it 6 months from now and lets say the value is only $60K. Your buy out would be, lets say $52K, you would only get $8K back.

If you put $0 down and bought gap insurance and the same thing happend you would walk away and owe $0.
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