Current 2011 Lease Deal

[dlchasen]

FYI, here's my 36,000 mi lease deal on an ED 2011 E92, no money down:

MSRP $72,155
Cap Cost $66,731 ($64,220 + 1st mo + BMWFS Acq. Fee)
Residual 52%
Sales Tax 6%
MF .0028
Monthly $1,169
Sec. Dep waived
2nd mo payment waived

Not great due to the MF, but I can write off the monthlies.

[zibawal]

Originally Posted by dlchasen

FYI, here's my 36,000 mi lease deal on an ED 2011 E92, no money down:

MSRP $72,155
Cap Cost $66,731 ($64,220 + 1st mo + BMWFS Acq. Fee)
Residual 52%
Sales Tax 6%
MF .0028
Monthly $1,169
Sec. Dep waived
2nd mo payment waived

Not great due to the MF, but I can write off the monthlies.

great!

[outie]

The MF is high. Have you thought about using multiple securities to bring that down to 0.00231? That will save you $54/mo or $2k over the course of the lease.

[zibawal]

Originally Posted by outie

The MF is high. Have you thought about using multiple securities to bring that down to 0.00231? That will save you $54/mo or $2k over the course of the lease.

If you are BMWF customer they should offer you 0.0022 straight at least thats what I was offered from the book, but I compromised on my color/options, and decided 2010, as you could not beat MF of 0.00075(1.8%), $2500 rebate and a good deal discount on the price. and I want to buy the car laterz. 2011 has new back lights but no corona, halos in the front and i think, navigation was upgraded along with 7 series before 3 LCI 2011?

Best of Luck

[dlchasen]

Originally Posted by zibawal

If you are BMWF customer they should offer you 0.0022 straight at least thats what I was offered from the book, but I compromised on my color/options, and decided 2010, as you could not beat MF of 0.00075(1.8%), $2500 rebate and a good deal discount on the price. and I want to buy the car laterz. 2011 has new back lights but no corona, halos in the front and i think, navigation was upgraded along with 7 series before 3 LCI 2011?

Best of Luck

There's a .0003 add on for ED -- probably because they pay the second month. That would account for a .0025, not a .0022. Was the .0022 for a 2011 car?

I did look at multiple SD's, because the ROI is pretty good. Not as good when factoring in the lease write off, but probably still worth while.

[zibawal]

Originally Posted by dlchasen

There's a .0003 add on for ED -- probably because they pay the second month. That would account for a .0025, not a .0022. Was the .0022 for a 2011 car?

I did look at multiple SD's, because the ROI is pretty good. Not as good when factoring in the lease write off, but probably still worth while.

yes! both for m3, and 335iS

[kaykay]

I certainly hope that your $1,169 is for a 24-month lease... and includes tax

[stevenross]

Originally Posted by kaykay

I certainly hope that your $1,169 is for a 24-month lease... and includes tax

does seem a little high.. think that payment should be pushing the $999 range for 36 months.. please dont be mad if u paid more..