03-01-2014, 05:39 PM | #67 | |
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Yeap! I like ur build think I'm gonna drop Lighting Pck and go: M4 EXEC Adaptive suspension Enhanced USB and bluetooth OR HK Brings me down to $65,680 I would do 2 year lease but I think 3 years from now will give enough time for LCI M4s to be purchased at invoice
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03-01-2014, 05:42 PM | #68 | |
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03-01-2014, 05:51 PM | #69 |
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I'm getting $1038/month for $65,680 36months/10k miles, 9% Tax no MSDs from my excel spread sheet.. what am I doing wrong?
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03-01-2014, 05:53 PM | #70 |
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Wish I could wait I need a car NOW my E39 is falling apart I just found out I have to get new crankshaft and I already had to fix vapor barrier 2 weeks ago
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03-01-2014, 05:53 PM | #71 |
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03-01-2014, 06:39 PM | #72 |
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Can you trade in a car you own and switch to a $0 down lease? In other words, would the dealer actually pay you a large sum of cash for your old car to walk out with a lease on a new car?
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03-01-2014, 06:41 PM | #73 | |
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isn't the rent fee : (Sales price + residual ) * MF which is (66000+37620)*0.00130 = $134? |
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03-01-2014, 06:49 PM | #74 | |
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03-01-2014, 07:48 PM | #75 |
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Here is mine:
M3 Sedan I'll have a set of KW-V3s, Klassen M52R w/ Yokohama AD08R, and some form of exhaust waiting for it, so I'm trying not to waste money like I did last time with the Competition Package. My plan is to buy one and bolt the parts on the new car when the lease is up. I just don't want to buy a first model year car. Alpine White Extended Marino Leather Sakhir Orange Harmon Kardon MSRP: $64,750 Residual Percentage at 12,000 Miles: 57% Residual Value: $36,907.50 Percent off MSRP: 0.00% Negotiated Price: $64,750 Down Payment: $0 Net Cap Cost (Neg. Price – Down Payment): $64,750 Depreciation: $27,842.50 Lease Term: 36 Months Monthly Depreciation Payment: $773.40 Finance Cost = Net Cap Cost + Residual: Interest Rate (APR): .0013 X 2400 = 3.12% Money Factor: 0.0013 Monthly Finance Fee: $132.16 Monthly Payment: $773.40 + $132.16 = $905.56 Sales Tax: 6%: $54.34 Total Monthly Payment: $959.90 Title, Registration, and Other Fees: ~$1,000 Incentives/Rebates: $0 (Assuming there are none.) Drive-off (1st month’s payment + Fees): $1,959.90 |
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03-01-2014, 07:50 PM | #76 | ||
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03-01-2014, 07:51 PM | #77 |
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My rough calculations are that my lease payment won't change from my current 550i to the new M3, both done via ED, etc. I can roll MSD's from one to the next. Depends on repeat BMWFS customer incentives, etc.
Easy to keep the budget.
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03-01-2014, 08:21 PM | #78 |
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in case anybody is new to leasing... Multiply money factor by 2,400 and you get APR. Cant wait til employee lease comes out... Payment will probably be ~750.
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03-01-2014, 08:26 PM | #79 | ||
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Most people I know either just pay the taxes upfront or have the taxes and fees added into the monthly payments
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03-01-2014, 08:34 PM | #80 |
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03-01-2014, 10:02 PM | #81 |
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When I got my 2012 135i I did a prepaid lease and saved a good chunk of money. I know this is not for everyone, but if you want to lease and have the cash from a trade or just in savings it is a great way to save money and not have to worry about making payments during your lease.
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03-02-2014, 04:18 AM | #84 | |
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.00049 (7MSD X .00007)
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03-02-2014, 07:06 AM | #85 | ||||
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The interest rate on a lease. Multiply by 2400 to get real numbers that we all know and love (e.g. .00130 * 2400) = 3.12% All - please remember dealers often mark up the money factor (MF). I believe they are limited to 40 points here - so .00130 becomes .00170 and thus 4.08%. Pure profit for them and something you can expect from them if they are giving you the car at cost. Spend the time to research this (much harder now that ridewithg no longer has access to them) but you can find it. I really hate paying a markup on the MF and would rather give them some profit on the car instead. But they don't have to tell you they are doing it. So find the correct residuals and MF, work in your sales tax of how it is calculated for your state and then go here to confirm their numbers http://www.bankrate.com/calculators/...140302130614:s
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03-02-2014, 07:12 AM | #86 |
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The lease on my 2011 E90 M3, brand new, ZCP, leather, and not much else, was <$700/mo with 3500 down, for comparison.
I think the residual was like 60%
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03-02-2014, 09:47 AM | #87 |
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03-02-2014, 11:02 AM | #88 |
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