Leasing new 2012 335i loaded

slammiam · 10-11-2012, 07:41 PM

I've never leased before. I currently have a 2011 335d ( purchased ) with very low miles ( 12k, I don't drive a ton ). It has the premium package, and I always regretted not getting idrive/nav, etc. The dealer is willing to make the following deal:

1. $33k for trade in on the 335d
2. $53,720 msrp on the 335i
has the following options:
Black Sapphire Metallic / Leather Black Dakota with red highlights
Sport Line
M Adaptive Suspension
Premium Package
Premium Sound Package
Technology Package (Includes Head-Up Display)
Sport Automatic Transmission
Split Fold Down Seats
BMW Assist With Enhanced Bluetooth
BMW Apps

3. The residual on this vehicle is 59%
4. the MF is .001500

This puts my payments around $750/mo ( we have 7% tax )

For you experienced lease masters...does this sound like a reasonable deal? I have good credit ( well over 700 ).

Link to the car:
http://www.opbmw.com/VehicleDetails/...-FL/1803364613

The features I listed are correct...some of the description on the site is incorrect.

Roowah · 10-11-2012, 07:47 PM

One of the most important things to focus on when leasing is the cap cost, or selling price. You need to treat negotiating a lease just like purchasing. The basic concept is the same. You're basically financing a percentage of the vehicle (the depreciation) plus interest (the money factor). Don't focus on the monthly payment, or you will lose.

So the best way to see if you have a good deal is to know what the selling price is.

slammiam · 10-11-2012, 07:48 PM

The selling price is the MSRP quoted. They didn't want to come down at all to give me what I wanted for the trade in.

Roowah · 10-11-2012, 07:55 PM

My personal opinion, with the exception of very limited production vehicles, then buying a car at MSRP is never a good deal. They may be padding your trade in value with some discount, but if it was me, I'd walk and find a dealer that will work more cooperatively with you.

HoustonEaDo · 10-12-2012, 06:22 AM

The 2013's are out - they want to get rid of the 2012's....DO NOT pay MSRP for it....Check out the financing specials they are offering on bmwusa.com. They are currently offering $1000 options bonus plus $750 loyalty cash (for purchases) -- you should be able to get them to do at least that on your lease. I recently leased a 2012 335i coupe, and they had similar incentives running, the sticker was $56,xxx and they came down to $51,xxx after haggling...

slammiam · 10-12-2012, 10:14 AM

After doing some more research, looks like this car invoices for just over $50k. Will push for invoice, will settle for $51500 at most I think. Dunno if I can get them lower. Will try again today.

r3dbimmer89 · 10-12-2012, 10:25 AM

Quote:

Originally Posted by slammiam

After doing some more research, looks like this car invoices for just over $50k. Will push for invoice, will settle for $51500 at most I think. Dunno if I can get them lower. Will try again today.

+1 I would definitely push for as close to invoice as possible...its a 12 and all the 13s are in now.

luv135i · 10-12-2012, 12:01 PM

where is the 33k goiing from your car? Was it financed with a balance still due? If not they are robbing you.

John 070 · 10-12-2012, 12:08 PM

Why get rid of a 335d that's 2011 MY? It's supposed to be a decent car.

imho it's your money but why waste it? Yes, we all prefer this and that, but compromise is not always a bad thing if it avoids putting 15k in a plastic bag and throwing it out the window on the freeway.....

335BBS · 10-12-2012, 01:09 PM

Quote:

Originally Posted by r3dbimmer89

+1 I would definitely push for as close to invoice as possible...its a 12 and all the 13s are in now.

...the reason for doing this is that the 2012 is basically 1 year old now and worth less....doesn't matter to you because you are leasing. I got about $8,000 off mine at this time of year. Dealing with a trade is different because you are dealing with "difference" but thats what your lease is based on so guys above are correct. get a price or two elsewhere. They NEED to get rid of 2012s.

335BBS · 10-12-2012, 01:11 PM

Quote:

Originally Posted by John 070

Why get rid of a 335d that's 2011 MY? It's supposed to be a decent car.

imho it's your money but why waste it? Yes, we all prefer this and that, but compromise is not always a bad thing if it avoids putting 15k in a plastic bag and throwing it out the window on the freeway.....

Good point John.

Antartic · 10-12-2012, 01:17 PM

Quote:

Originally Posted by slammiam

I've never leased before. I currently have a 2011 335d ( purchased ) with very low miles ( 12k, I don't drive a ton ). It has the premium package, and I always regretted not getting idrive/nav, etc. The dealer is willing to make the following deal:

1. $33k for trade in on the 335d
2. $53,720 msrp on the 335i
has the following options:
Black Sapphire Metallic / Leather Black Dakota with red highlights
Sport Line
M Adaptive Suspension
Premium Package
Premium Sound Package
Technology Package (Includes Head-Up Display)
Sport Automatic Transmission
Split Fold Down Seats
BMW Assist With Enhanced Bluetooth
BMW Apps

What is this M Adaptive Suspension? Something new for MY2012?

10-11-2012, 07:41 PM	#1
slammiam New Member 4 Rep 5 Posts Drives: 2011 335d Join Date: Mar 2012 Location: Fl iTrader: (0)	Leasing new 2012 335i loaded - need advice I've never leased before. I currently have a 2011 335d ( purchased ) with very low miles ( 12k, I don't drive a ton ). It has the premium package, and I always regretted not getting idrive/nav, etc. The dealer is willing to make the following deal: 1. $33k for trade in on the 335d 2. $53,720 msrp on the 335i has the following options: Black Sapphire Metallic / Leather Black Dakota with red highlights Sport Line M Adaptive Suspension Premium Package Premium Sound Package Technology Package (Includes Head-Up Display) Sport Automatic Transmission Split Fold Down Seats BMW Assist With Enhanced Bluetooth BMW Apps 3. The residual on this vehicle is 59% 4. the MF is .001500 This puts my payments around $750/mo ( we have 7% tax ) For you experienced lease masters...does this sound like a reasonable deal? I have good credit ( well over 700 ). Link to the car: http://www.opbmw.com/VehicleDetails/...-FL/1803364613 The features I listed are correct...some of the description on the site is incorrect. Last edited by slammiam; 10-11-2012 at 08:03 PM..
	Appreciate 0 Tweet Quote

10-11-2012, 07:47 PM	#2
Roowah Captain 28 Rep 811 Posts Drives: 2006 E90 330i 6MT Join Date: Jan 2007 Location: Cambridge, MA iTrader: (0)	One of the most important things to focus on when leasing is the cap cost, or selling price. You need to treat negotiating a lease just like purchasing. The basic concept is the same. You're basically financing a percentage of the vehicle (the depreciation) plus interest (the money factor). Don't focus on the monthly payment, or you will lose. So the best way to see if you have a good deal is to know what the selling price is. __________________ 2006 E90 330i 6MT: TiAg\|Black Leather\|Poplar Trim\|Premium Package\|Cold Weather Package 2003 E46 325i 5MT: Retired - The beginning of my BMW obsession!
	Appreciate 0 Quote

10-11-2012, 07:48 PM	#3
slammiam New Member 4 Rep 5 Posts Drives: 2011 335d Join Date: Mar 2012 Location: Fl iTrader: (0)	The selling price is the MSRP quoted. They didn't want to come down at all to give me what I wanted for the trade in.
	Appreciate 0 Quote

10-11-2012, 07:55 PM	#4
Roowah Captain 28 Rep 811 Posts Drives: 2006 E90 330i 6MT Join Date: Jan 2007 Location: Cambridge, MA iTrader: (0)	My personal opinion, with the exception of very limited production vehicles, then buying a car at MSRP is never a good deal. They may be padding your trade in value with some discount, but if it was me, I'd walk and find a dealer that will work more cooperatively with you. __________________ 2006 E90 330i 6MT: TiAg\|Black Leather\|Poplar Trim\|Premium Package\|Cold Weather Package 2003 E46 325i 5MT: Retired - The beginning of my BMW obsession!
	Appreciate 0 Quote

10-12-2012, 06:22 AM	#5
HoustonEaDo First Lieutenant 153 Rep 372 Posts Drives: 2019 X3 M40i Join Date: Jul 2006 Location: Houston iTrader: (0) Garage List 2019 BMW X3 M40i [0.00]	The 2013's are out - they want to get rid of the 2012's....DO NOT pay MSRP for it....Check out the financing specials they are offering on bmwusa.com. They are currently offering $1000 options bonus plus $750 loyalty cash (for purchases) -- you should be able to get them to do at least that on your lease. I recently leased a 2012 335i coupe, and they had similar incentives running, the sticker was $56,xxx and they came down to $51,xxx after haggling... Last edited by HoustonEaDo; 10-12-2012 at 12:37 PM..
	Appreciate 0 Quote

10-12-2012, 10:14 AM	#6
slammiam New Member 4 Rep 5 Posts Drives: 2011 335d Join Date: Mar 2012 Location: Fl iTrader: (0)	After doing some more research, looks like this car invoices for just over $50k. Will push for invoice, will settle for $51500 at most I think. Dunno if I can get them lower. Will try again today.
	Appreciate 0 Quote

10-12-2012, 12:01 PM	#8
luv135i Major 60 Rep 1,073 Posts Drives: White Join Date: Nov 2009 Location: GA iTrader: (0)	where is the 33k goiing from your car? Was it financed with a balance still due? If not they are robbing you.
	Appreciate 0 Quote

10-12-2012, 12:08 PM	#9
John 070 Lieutenant General 1705 Rep 14,829 Posts Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW iTrader: (0)	Why get rid of a 335d that's 2011 MY? It's supposed to be a decent car. imho it's your money but why waste it? Yes, we all prefer this and that, but compromise is not always a bad thing if it avoids putting 15k in a plastic bag and throwing it out the window on the freeway.....
	Appreciate 0 Quote