[ankitpoo]

Originally Posted by VirtualMayhem

Hello,

Ok this is what I was offered today via email, I still think there is room to work here but right now this is what they offered. Some of their fees I think are high and when I estimate the payment their quoted payment seems high.

2013 BMW 550i
Titanium Silver Metallic
Black Dakota Leather
Driver Assistance
Executive Package
M Sport
Luxury Seating
Sport Automatic Transmission
Power Rear Sunshade
Heated Seats
$74,770 MSRP
$69,350 Dealer Invoice (includes MACO and Training fees of $580)

Offered the car to me at $500 over invoice. So car cost $69,850. There is ceramic tint already on the car but that was not priced out in the invoice and not clear in the fees if that was added in somewhere.

Residual: 62%
Lease Factor: .0013
36 Months, 12K Per Year
City Sales Tax: 8.95%

Fees They Describe
Acquisition Fee: $925
Cash: $1000 (What is this - a cap reduction??)
Government Fees: $1070.07 (Title)
Doc Fee: $489

Total Initial Payment is $2500. I am assuming they took the $1500 lease cash and applied it to the drive off fees. Is that normal or should that come off the negotiated price of the car?

Their payment estimate was $919.85. My payment estimate is $875.57 and according to the lease calculator mine seems to be right. It appears their sales tax estimate is about $300 over what I calculated but that cannot be the ~$50 per month difference.

Thoughts on this deal?

hi!
Virtualmayhem,


as per the figures you provided:

MSRP $74,770
Purchase Price $69,850
Resv - 62%
MF - .00130
Term 36 months

You should get $875 with your taxes. your others fees in my opinion are way too high. Acquisition fees should be no more than $725. Doc fees if any should not be more than $299. DMV fees should be in $300-400 range (check with your DMV).

Now if you use 7MSD your new payments should be $813.54 inclusive of taxes.

And if you take further $1500 incentive in account, you new payment with incentive + 7MSD should be $766.82. So from $875 to $766, that is a big difference of $109 per month saving totalling $$3924 for life of lease.

If you can still get them to go further down on the purchase price, that would be great. I still think there is more room to negociate on that part. If you can get them down to 9-10% off of MSRP, you have got yourself a smokin deal. Tell them you will come down rite away, if they can come down to your price. Make sure you don't overpay on any of the fees, otherwise it beats to negotiate. Try to get all the numbers and fees in email before you go down to the delar, so there is no change in figures. Also have you tried to get in touch with Jon Shafer or Greg Poland. See what they can do. You can send them PM. Look in the Ask-A-Delar section on the bimmerfest forum. I still strongly belive you can get 550's for 9-10% off of MSRP.

In my story i missed out on the $1500 incentive by 13days, otherwise i would have saved another $50/month, and my payments would have been $640 instead of $690 with 7% taxes. But no regrets, i love the car, and i know i got the car at very good price. Good luck and let us know how it goes. Thanx!

[BMW335iOn18s]

What do you guys think about this?

Sorry for the minimal info:

2013 640i M-sport Coupe
MSRP: 81,000

Down: Just taxes and tags ($2k?)
Monthly payment: $920/mo
10k miles per year

[VirtualMayhem]

Originally Posted by ankitpoo

hi!
Virtualmayhem,


as per the figures you provided:

MSRP $74,770
Purchase Price $69,850
Resv - 62%
MF - .00130
Term 36 months

You should get $875 with your taxes. your others fees in my opinion are way too high. Acquisition fees should be no more than $725. Doc fees if any should not be more than $299. DMV fees should be in $300-400 range (check with your DMV).

Now if you use 7MSD your new payments should be $813.54 inclusive of taxes.

And if you take further $1500 incentive in account, you new payment with incentive + 7MSD should be $766.82. So from $875 to $766, that is a big difference of $109 per month saving totalling $$3924 for life of lease.

If you can still get them to go further down on the purchase price, that would be great. I still think there is more room to negociate on that part. If you can get them down to 9-10% off of MSRP, you have got yourself a smokin deal. Tell them you will come down rite away, if they can come down to your price. Make sure you don't overpay on any of the fees, otherwise it beats to negotiate. Try to get all the numbers and fees in email before you go down to the delar, so there is no change in figures. Also have you tried to get in touch with Jon Shafer or Greg Poland. See what they can do. You can send them PM. Look in the Ask-A-Delar section on the bimmerfest forum. I still strongly belive you can get 550's for 9-10% off of MSRP.

In my story i missed out on the $1500 incentive by 13days, otherwise i would have saved another $50/month, and my payments would have been $640 instead of $690 with 7% taxes. But no regrets, i love the car, and i know i got the car at very good price. Good luck and let us know how it goes. Thanx!

On the DMV front unfortunately their number is correct. In AZ your years tags are based on the cost/value of the vehicle so for cars in this realm $1000 for tags is the reality. I felt their Doc and Acquisition fees were also high. Your payment is exactly what calculated so something is wrong with their numbers I ended up at $875.57. I was wondering if they were using .0017MF and that would be $926.21 which is close to their payment amount. I have a complete screen shot of their numbers so that is in hand already.

Can you explain the math behind the 7 MSD's? So the security deposit is the first month's payment and in this case you are doing 7X that deposit how are you arriving at that new payment? I definitely have the cash for MSD's. That payment reduction would be awesome I assume you are applying the $1500 cash against the car purchase price - this dealer seems to think you apply that to the acquisition fees.

I sent a note to Jon and didn't get a response, I will reach out to Greg and see what he comes up with.

[ankitpoo]

Originally Posted by VirtualMayhem

On the DMV front unfortunately their number is correct. In AZ your years tags are based on the cost/value of the vehicle so for cars in this realm $1000 for tags is the reality. I felt their Doc and Acquisition fees were also high. Your payment is exactly what calculated so something is wrong with their numbers I ended up at $875.57. I was wondering if they were using .0017MF and that would be $926.21 which is close to their payment amount. I have a complete screen shot of their numbers so that is in hand already.

Can you explain the math behind the 7 MSD's? So the security deposit is the first month's payment and in this case you are doing 7X that deposit how are you arriving at that new payment? I definitely have the cash for MSD's. That payment reduction would be awesome I assume you are applying the $1500 cash against the car purchase price - this dealer seems to think you apply that to the acquisition fees.

I sent a note to Jon and didn't get a response, I will reach out to Greg and see what he comes up with.

hi!


the $1500 lease incentive as per my knowledge, you take it off of your negociated purchase price. if i am wrong, someone please correct me. And as per 7MSD, your MF will drop .00007 for each security deposit you put down.

0.0013
-0.00007
-0.00007
-0.00007
-0.00007
-0.00007
-0.00007
-0.00007
0.00081 Final MF.

security deposit is determined by your final monthly payment. So for instance your monthly payment is say $875, one security deposit is $900 (rounded to next $50). If you apply MSD and your payment say becomes $800, than the new amount of security is $800 for each. I am really not good at explaning this, but if you visit bimmerfest, there is a 20+ pages tread on it. I would strongly suggest, you read up on it. I did and it really helped me out while i was negociating. You don't have to put 7MSD, but the limit is 7. You can put 3, 4 or 6 anything you like and are comfortable with. Thanx!

[VirtualMayhem]

Thanks for the information on the MSD's, I think I get it after reading the other articles here.

A question on the $1500 lease cash - dealer is telling me that can only be applied to the drive off costs and not the final car purchase price. Is this accurate?

[Jagu]

Originally Posted by John_SF

Just started shopping around and this is what I was offered today. This specific build isn't currently available in the states so it needs to be ordered, but I still think there's room in the price.

2013 535i
Cashmere silver metallic
Oyster dakota leather
M-Sport package
Driver assistance
Driver assistance plus
Premium
Technology
Heated seats
Soft close doors
$66,245 msrp
$62,220 dealer offer

Residual: 63%
Lease Factor: .0017
36 months, 10k per year
City sales tax: 8.75%
$5k drive off
$687.90 inclusive of tax

Thoughts on this deal??

Not good enough. They have not applied the $1500 incentive for 5 series cars and they have increased your base money factor to .0017 from .0013.
Also, that's too much money down.

[kenhamm]

Another item to remember on MSD, you get the money back at the end of the lease versus appying the money as a "down payment". I would suggest that you never put "money down" but instead apply the money towards the SD up to 7.

[hyperboost]

first time i leased a car. not the best deal in the world but i got the car I wanted.

2013 535XI M sport AW on black dakota leather.
$14000 down payment which include $2000 for the venture shield and wheel/tire protection, and BMWFS fees etc.
M-Sport package
Driver assistance
Premium
Technology
Cold Weather
paddle shifters
premium hi fi sound.
msrp was like $67K.
accessories added on by BMW
CF mirror caps. CF rear spoiler. High gloss black kidney grilles. and M side sills. these added $2100ish on the MSRP.
i negotiated down to $68000.

36month 15K miles a year. 6.25% tax. i pay 675.03 a month.
i know it's not the best deal but compare to the panamera i was originally going for, this is much cheaper.
also leasing a car is a first time thing for me so i don't know most of the things you guys are talking about.
so, how badly did I get screwed? lol

[Sergm3]

2013 BMW 550 2000 down 36 months 10k a year.67995 msrp.699 a month including 10% tax. I think good deal ?

[ankitpoo]

Originally Posted by Sergm3

2013 BMW 550 2000 down 36 months 10k a year.67995 msrp.699 a month including 10% tax. I think good deal ?

2013 BMW 550ix $0 down 36 months 10K, MSRP$ 66545 for $569 month plus taxes. this car has only cold weather package. Navi, rearview camera and park distance are standard on 550's. If somebody is not looking for lots of options, this car is a steal in my opinion. Last month i was looking at this same car for $599/month. So drop of $30/month from Jan. I have the full details they gave me when it was $599. Looks like they have dropped the cap cost little more. So if u go to lease this car, it can be even more cheaper because of $1500 lease cash. Thanx!

[Jagu]

Originally Posted by ankitpoo

2013 BMW 550ix $0 down 36 months 10K, MSRP$ 66545 for $569 month plus taxes. this car has only cold weather package. Navi, rearview camera and park distance are standard on 550's. If somebody is not looking for lots of options, this car is a steal in my opinion. Last month i was looking at this same car for $599/month. So drop of $30/month from Jan. I have the full details they gave me when it was $599. Looks like they have dropped the cap cost little more. So if u go to lease this car, it can be even more cheaper because of $1500 lease cash. Thanx!

How are you getting this price. I am very interested in a 535i with an MSRP of $66420 and the payment is way more than that even with a sales price of $59535.

[BMW335iOn18s]

2013 640i Coupe
Carbon Black
Black Dakota Leather
M-Sport
Park assist
Rear sun shade

Msrp: 80,975

Cap cost: 72,025
Residual:57%
Money factor: .0009
Tax: 9%

$0 down, $2098 fees

Payment including tax: $899.71. How did I do?

[ankitpoo]

Originally Posted by sholaesq

How are you getting this price. I am very interested in a 535i with an MSRP of $66420 and the payment is way more than that even with a sales price of $59535.

hi!
Sholaesq

this is what i was quoted last month in Jan.

MSRP - $66,545.00
Sellinng Price - 60,500
MF - .00130
Residule - 63%

for $599 you had to do 7MSD. and this month, MF and Resv is same as last month but for Feb BMW has added $1500 lease cash incentive on 5 series. Thanx!

[ankitpoo]

Originally Posted by BMW335iOn18s

2013 640i Coupe
Carbon Black
Black Dakota Leather
M-Sport
Park assist
Rear sun shade

Msrp: 80,975

Cap cost: 72,025
Residual:57%
Money factor: .0009
Tax: 9%

$0 down, $2098 fees

Payment including tax: $899.71. How did I do?

hi!


is this for Gran Coupe or 2D coupe. Thanx!

[BMW335iOn18s]

Originally Posted by ankitpoo

hi!


is this for Gran Coupe or 2D coupe. Thanx!

Coupe = 2 door

[ankitpoo]

Originally Posted by BMW335iOn18s

Coupe = 2 door

I know u r looking for 2 door coupe. But below are some 4 door gran coupe quotes.




$849.00 X 36 Months $0 Down Payment


2013 BMW 640i Grand Coupe*Series Sedan

MSRP:$85,295.00Type: Sedan*Color:Titanium Silver Metallic*Engine:*3.0*6 Cyl.*Stock Number: FB30756*VIN: WBA6A0C55DDZ04176Model Code: 136G

BMW 6 Series 650i Gran Coupe 4D Sedan

$899 x 36 months $0 down payment***MSRP: *$98,195.00Type: 4D Sedan*Color: Black Sapphire*Engine: 4.40 4.4L*Stock Number: BB30765*VIN: WBA6B4C58DD098127*Model Code: 136I

[shoei]

Originally Posted by hyperboost

first time i leased a car. not the best deal in the world but i got the car I wanted.

2013 535XI M sport AW on black dakota leather.
$14000 down payment which include $2000 for the venture shield and wheel/tire protection, and BMWFS fees etc.
M-Sport package
Driver assistance
Premium
Technology
Cold Weather
paddle shifters
premium hi fi sound.
msrp was like $67K.
accessories added on by BMW
CF mirror caps. CF rear spoiler. High gloss black kidney grilles. and M side sills. these added $2100ish on the MSRP.
i negotiated down to $68000.

36month 15K miles a year. 6.25% tax. i pay 675.03 a month.
i know it's not the best deal but compare to the panamera i was originally going for, this is much cheaper.
also leasing a car is a first time thing for me so i don't know most of the things you guys are talking about.
so, how badly did I get screwed? lol

Honestly?? Pretty bad... i have 2013 535, to make it quick and short, not a single penny out of my pocket, $698.XX a month... might actually have a few more options than you...

[bballintom22]

here's my deal that i recently was able to get from Greg over at Pacific BMW...

2013 550i Sedan
Space Gray
Black Dakota w/ Anthracite Wood Trim
M-Sport
Driver Assistance Package
Executive Package
Heated Seats

MSRP: $72895

Invoice: $67620

10k/36 mont lease

Residual: 63%
MF: .00081 (applied 7 Multiple Security Deposits)

Deal I got was 2000 below invoice before incentives...so final selling price was $62870 after the lease rebate (1500), loyalty (750) and Customer Turn-Key program (500).

Gross Cap Cost: 62870 + 725 (Acq fee) = 63595

Drive off was just the MSDs, 1st month's payment, taxes, and fees.

Monthly payment is 621.87 including KS tax.

I'm from Kansas and flew out there to pick up earlier this week and drove back. Very happy with my deal

If any of you are looking for a deal i would highly suggest working with Greg. He can even arrange to deliver (at your expense of course) or you can take a road trip.

Hope that helps!

[ankitpoo]

Originally Posted by bballintom22

here's my deal that i recently was able to get from Greg over at Pacific BMW...

2013 550i Sedan
Space Gray
Black Dakota w/ Anthracite Wood Trim
M-Sport
Driver Assistance Package
Executive Package
Heated Seats

MSRP: $72895

Invoice: $67620

10k/36 mont lease

Residual: 63%
MF: .00081 (applied 7 Multiple Security Deposits)

Deal I got was 2000 below invoice before incentives...so final selling price was $62870 after the lease rebate (1500), loyalty (750) and Customer Turn-Key program (500).

Gross Cap Cost: 62870 + 725 (Acq fee) = 63595

Drive off was just the MSDs, 1st month's payment, taxes, and fees.

Monthly payment is 621.87 including KS tax.

I'm from Kansas and flew out there to pick up earlier this week and drove back. Very happy with my deal

If any of you are looking for a deal i would highly suggest working with Greg. He can even arrange to deliver (at your expense of course) or you can take a road trip.

Hope that helps!

That is a great deal. Its almost same as mine, execept i didn't get loyalty and missed out on lease cash. Wished bmw did price match if u got the car within 30days of purchase. But still great car. Enjoy ur new ride.

[omer]

Originally Posted by ankitpoo

2013 BMW 550ix $0 down 36 months 10K, MSRP$ 66545 for $569 month plus taxes. this car has only cold weather package. Navi, rearview camera and park distance are standard on 550's. If somebody is not looking for lots of options, this car is a steal in my opinion. Last month i was looking at this same car for $599/month. So drop of $30/month from Jan. I have the full details they gave me when it was $599. Looks like they have dropped the cap cost little more. So if u go to lease this car, it can be even more cheaper because of $1500 lease cash. Thanx!

Buddy, there's no way you got that deal I will guarantee you that!

[Zaman]

2012 528i XDrive, Demo car with 4000 Km with Perimum Package,
Update 03-25-2013: I am installing the Navigation from Bimmer-retrofit this week.

MSRP: 64212 Canadian $
Deal Price (Canadian Family day deal): 55299 CA$
Lease rate: 1.9%
Residual value: 61%
Monthly: $450
Down: $5000

[ankitpoo]

Originally Posted by omer

Buddy, there's no way you got that deal I will guarantee you that!

Omer r u reffering to me or sergm3