I’m currently getting quoted a lease and was wondering how good a deal it is. I know there is not alot of inventory on the 330e so discounts maybe hard to come by.
MSRP: 52,050$ (I guess also the selling price)
$1000 college grad discount
12k/36 months
Residual 58%
MF: 0.00139
Monthly: $622/month
$4k down which includes the 1st month’s payment
How does it compare to similar deals you have researched here? You are missing some details essential to evaluate, so a lease worksheet (minimally) and a calculator link would help.
Well, specifically this “deal” (if you can even call it that) is terrible. You’re essentially spending $9k/yr to drive a 330e. And putting $4k down? That’s a 101 no-no.
This is effectively over $700 a month, do not sign this one. I would endeavor to speculate tgere will not be very many good deals available on this car for a bit.
If you have $5600 in tax liability each year, then I strongly suspect it would be better to join Pen Fed and buy one of these rather than lease. You would get $2000 from PenFed plus the $5600 from the tax rebate. That is almost 15% of MSRP that you miss from the lease deal (you still get the $1000 college rebate).
*Edit: And also, you should obviously push for discounts on sales price!
*Jeez, and they’re marking your money factor up as well… this dealership is hitting you from every angle!
You think it will be < 43% residual? Honest question, but I would be surprised. My 2018 is running around 50% residual and it is the old 3 series and antiquated EV tech.