How is this deal on a 435i Cab?

WCThumper · 02-25-2014, 03:13 PM

I'm in the market for a 435i Cab and here is the best deal that I have so far. Is this a good deal at $1500 over invoice? No incentives are applied yet as I hope something comes up when I take delivery in 60 days.

BASE MSRP
$54,900
M Sport $2,600
Alpine White $0
Leather Dakota Coral Red/Black highlight $0
Aluminum Hexagon interior trim $0
Driver Assistance Package $950
Lighting Package $1,900
Premium Package $950
Technology Package $3,150
M Sport Brakes $650
Heated front seats $500
Harman Kardon surround sound system $875
Destination & Handling: $925

Total MSRP $67,400
Selling price $64,400 ($1500 over invoice)
Bank Fee $825
Total Cap Cost: $65,225

lease: 36 months/10k year/ max MSD's/ 0 Down
MF: .81
Residual: 63%

Lic and Reg: 514.75
Doc fee: 80.00
First Payment: 784.29
Security Deposit: $5600.00
Total Drive off: $6986.24

Monthly Payment: $784.29

Thanks for your input!

Cup o' Joe · 02-25-2014, 04:03 PM

Quote:

Originally Posted by WCThumper

MF: .81

Money Factor of 0.81? Do you mean .000081?

Also $1500 over invoice is a bit high. I would shoot for $500 over invoice, then subtract whatever offers from BMW.

swamy · 02-25-2014, 04:14 PM

1500 over invoice sounds insane but check edmunds true market value & truecar.com for your zip to get an idea. Also, since you are putting in the max allowed SDs thus minimizing your borrowing cost, you should roll all fees into your cap cost & should put down absolutely nothing. your driveoff should be your first month payment only imo.

WCThumper · 02-25-2014, 04:43 PM

The quote indicates a money factor of .81

Other dealers in my area won't do better than $1500 as it is a new model. A couple dealers just discounted $500 from MSRP! You definitely pay to be the first person on the block with this model.

swamy · 02-25-2014, 05:36 PM

Quote:

Originally Posted by WCThumper

The quote indicates a money factor of .81

Other dealers in my area won't do better than $1500 as it is a new model. A couple dealers just discounted $500 from MSRP! You definitely pay to be the first person on the block with this model.

They seem to be padding up your MF or have some fees bumping up your cap cost. Otherwise, as stated, your drive off should be ~760 including tax per edmunds:
http://www.edmunds.com/calculators/car-lease.html?sv\

Use MF .00081 to calculate

02-25-2014, 03:13 PM	#1
WCThumper New Member 4 Rep 14 Posts Drives: 2016 M4C Vert, 1988 BMW 635csi Join Date: Dec 2008 Location: Walnut Creek, CA iTrader: (0)	How is this deal on a 435i Cab? I'm in the market for a 435i Cab and here is the best deal that I have so far. Is this a good deal at $1500 over invoice? No incentives are applied yet as I hope something comes up when I take delivery in 60 days. BASE MSRP $54,900 M Sport $2,600 Alpine White $0 Leather Dakota Coral Red/Black highlight $0 Aluminum Hexagon interior trim $0 Driver Assistance Package $950 Lighting Package $1,900 Premium Package $950 Technology Package $3,150 M Sport Brakes $650 Heated front seats $500 Harman Kardon surround sound system $875 Destination & Handling: $925 Total MSRP $67,400 Selling price $64,400 ($1500 over invoice) Bank Fee $825 Total Cap Cost: $65,225 lease: 36 months/10k year/ max MSD's/ 0 Down MF: .81 Residual: 63% Lic and Reg: 514.75 Doc fee: 80.00 First Payment: 784.29 Security Deposit: $5600.00 Total Drive off: $6986.24 Monthly Payment: $784.29 Thanks for your input!
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02-25-2014, 04:14 PM	#3
swamy Private First Class 25 Rep 179 Posts Drives: 2013 328i MG/6MT Join Date: Jul 2013 Location: New Hope iTrader: (0)	1500 over invoice sounds insane but check edmunds true market value & truecar.com for your zip to get an idea. Also, since you are putting in the max allowed SDs thus minimizing your borrowing cost, you should roll all fees into your cap cost & should put down absolutely nothing. your driveoff should be your first month payment only imo.
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02-25-2014, 04:43 PM	#4
WCThumper New Member 4 Rep 14 Posts Drives: 2016 M4C Vert, 1988 BMW 635csi Join Date: Dec 2008 Location: Walnut Creek, CA iTrader: (0)	The quote indicates a money factor of .81 Other dealers in my area won't do better than $1500 as it is a new model. A couple dealers just discounted $500 from MSRP! You definitely pay to be the first person on the block with this model.
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