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      08-23-2011, 05:34 PM   #1
Sonnie
Bama Hillbilly
United_States
7
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88
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Drives: 2011 BMW 528i
Join Date: Mar 2011
Location: Lower Bama

iTrader: (0)

2011 528i Ordered... Deal Check ... Balloon vs. Lease

It's ordered... finished production today. Mainly justifying the deal and considering lease options.

2011 BMW 528i
Space Gray Metallic $550
Everest Gray Dakota Leather
Active Ventilated Seat Package $2,950
Premium Package $1,800
Convenience Package $1,700
Cold Weather Package $650
Premium Package 2 $4,500
Xenon Headlights $900
Head-up Display $1,300
Destination & Handling $875

Total MSRP $60,275

-$1,730 Nav Credit
-$1,000 Owner Loyalty
-$3,545 Discount
$54,000
+$399 Doc Fee
+16.50 Title Fee
+1,949.12 Taxes
$56,364.62 Total
-$11,364.62 Down Payment
$45,000 Financed

PenFed Credit Union: 60 Months @ $554.28 w/ Balloon $16,554.28 @ 2.74% (No mileage restrictions and must payoff or refinance at final payment.)

I have not figured the lease yet, but I believe this would be better than a lease since I will have no mileage restrictions or lease end expenses. I would have to have the 15,000 miles per year plan if leased.
Appreciate 0