Year, Make, Model, and Trim: [2017 BMW 330e]
MSRP: [$56,425]
Selling Price: [$51375]
Rebates: [$4549]
Trade-in: [$0]
Months: [36]
Annual Mileage: [10,000]
MF: [0.00146]
Residual: [62%]
Security Deposit: [$0]
Total Due At Signing: [$2000]
Monthly Payment (incl. tax): [$490]
Zip Code: [95118]
Sales Tax Rate: [9.25%]
I am going to sign this tomorrow. Thanks to @nyclife Thoughts?
I could not qualify for AARP because I didn’t sign up. Don’t have fleet or college grad either. Didn’t want to put down MSD’s either. It would have been killer if I could use these incentives.
I’m assuming the total due at signing is just licensing and fees? No actual down payment? If not, then you should turn that into MSDs.
No downpayment:
He’s paying the acquisition fee (~1k), other fees(registration), and the 1st month upfront.
Yeah no down. I will ask him to roll the acq fee into the lease.
Look good to me if you can’t put down MSD. Looking to get a similar deal as well.
Alex
May 1, 2017, 3:55am
7
Here’s a good advertised deal at Irvine BMW. You should use this as a starting point.
2 Likes
No fair I was looking at that one
ezab
May 2, 2017, 6:27pm
9
I was offered the following a few weeks ago. I decided against the 330e, but here is the breakdown in case it’s helpful to anyone.
Contract Date: 04/13/17 Adjusted Cap Cost: $ 40,000.00
Stock Number: 19960 17) Lease Factor: 0.00146
M.S.R.P.: $ 48,195.00 18) Calif. Tire Fee*: $ 7.00
Residual%: 62.00% Base Monthly Rental: $ 383.12
Ann Expected Miles: 15,000 19) Mnthly Use Tax 9.0000% $ 34.48
Mileage Penalty Rate: $ 0.25 20) Total Monthly Payment: $ 417.60
Mileage Penalty: 21) Customer Cash Down:
Residual Value: $ 29,880.90 22) Total Annual Fees: $ 415.00
Term: 36 23) Security Deposit:
CAP COST : $ 45,000.00 24) DMV Fee: $ 415.00
Cash Cap Reduction: 25) DOC FEE: $ 80.00
Trade: 26) Cap Reduct Tax: 9.0000% $ 450.00
27) Working cash prmpt:
Service Contract:
Maintenance: 28) DRIVE-OFF : $ 2,414.05
Rebate: $ 5,000.00 29) First Payment Date: 05/14/17
30) One Pay(Y/N)/Amt: N
Command:
How were you getting 62% residual at 15k miles?
ezab
May 3, 2017, 12:05am
11
May have been a typo from the dealer because I was in the market for a 10k, but I stopped pursuing the deal before ironing out details.