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BMW 3-Series Lease Questions

3203 messages, Last post on Dec 02, 2009 at 4:05 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: cowgirly (Sep 24, 2007 5:37 pm) |
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Replying to: drgeno72 (Sep 25, 2007 4:37 pm)
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Replying to: dhkhan (Sep 25, 2007 5:25 pm) |
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Is the "destination charge" listed on the BMW website when one purchases a vehicle the same terminology as the "acquisition fee" on my BMWFS leasing contract? I believe it is, but want to verify. Thanks.
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Replying to: hpowders (Sep 27, 2007 3:24 pm) The destination charge is part of the MSRP (and, it's on the invoice, too). Supposedly, it is to provide transportation from port to dealer, but really, it is just a way to break down the price of the car, so the base price seems smaller. The acquisition fee goes to the bank that is leasing you the car (BMWFS). Sort of like an origination fee for a mortgage lender. The base acq.fee on all BMWFS leases is $625, but the dealer can mark it up to as much as $825 for extra profit (for the dealer). regards, kyfdx
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Replying to: kyfdx (Sep 27, 2007 3:34 pm) So one must figure up to $1175 in fees unique to BMW leasing if one must pay the "full" $825 acquisition fee (as many dealers seem to insist on the max.) plus the $350 "disposition fee." I think I see where the "free" maintenance comes from on the leasing end. Heh! Heh! Thank you, KYFDX! |
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Hello Car Man I have somewhat limited information and am hoping you can tell me whether this deal is worth it... I'm currently leasing a VW with a balance of 17K. KBB says it's worth $14K. I got a quote from BMW for a used 2007 328xi fully loaded with premium package, steptronic transmission and 5K miles selling for $38-39K. Dealer says payment will be at around $550. I'm confused as to how the dealer figures the monthly rate? Do you have a lease model you can share with me that can help me sort through the numbers? Thanks so much K.G.
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Any thoughts????....this is what I was offered? -2007 Black 335i Coupe, with Sports Package, Paddle shifters, black leather (not leatherette), heated seats, Jet black exterior. MSRP is $46,000 with options -$2044 total out of pocket (first month's payment and all other transfer fees) -$539/month (taxes rolled in)......30 months lease Thanks, Daniel
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Replying to: kgorgij (Sep 28, 2007 2:31 pm) I just bought a 328xi new with premium, sport, nav, dakota, upgraded lights, cold weather package, ipod(pretty much every option they have)with an MSRP of $44,525. I pay $557. So I would keep shopping if I were you! |
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Ok need help guys, payment seems way to high 335i coupe, only option is sport package for European Delivery. MSRP: 42675 Residiual % 60 Miles 12,000 Residual Value 25,605 Term 36 Months CAP COST 37685 Bank Fee 825 LEASE FACTOR .00345 ?????? Seems to high Drive off of 1600 TOTAL PAYMENT WITH TAX 624.59
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