In Reply to: lease figures help! posted by sharon on October 19, 1999 at 19:02:50:
Assuming the numbers work out correctly, why the $4000 cap cost reduction?? To lower payments? Are you sure you can't put that $4k to better use than apply it towards a lease?? In the archives there are reasons why it isn't a good idea, but I never believed in putting money down for lease in the 1st place.
I believe when I applied for the lease, the rate was locked in. So I'm under the impression they will do it (maybe if you ask?)
residual is based on msrp. The mf and residual numbers look like they're in the ballpark. Oh, also check the e46 model faq (link on top of page) for the lease spreadsheet.
: ok, I'll try this again--
: I recently ordered a 323i premium & got a pretty good deal(1,750 over invoice, total 32,0000) and now I may need to lease instead. Today the dealer gave me a VIN and I'm assuming it'll be here in about 4 - 6 weeks. Any input on the following lease figures would be really appreciated:
: Cap cost reduction: 4,000
: bmw origination fee: 480
: residual: 64%
: lease term: 36
: money factor: .00325
: payments: 357.34
: The dealer did mention that both the rates and residuals are subject to change. Is it possible to lock or negotiate them? Can the residual be based on the purchase price instead of the MSRP? Is there anything else I should watch out for regarding leases? I negotiated a pretty good deal and don't want to blow it on the lease.