Dealer Purchasing & Service Forum What's your dealers sales and service department like? Post finance and lease questions here too.

I cannot figure out this lease-help appreciated

Thread Tools
 
Search this Thread
 
Old 11-13-2006, 11:33 PM
  #1  
Members
Thread Starter
 
carnutfan's Avatar
 
Join Date: Nov 2006
Posts: 1
Likes: 0
Received 0 Likes on 0 Posts
Default

I'm struggling with a lease on an '07 530. The worksheet is really hard to understand. I have the following numbers and appreciate any help:

MSRP 56,950
Capcost 54,125
MF .00050
Resid .62
Acq fee 825
Cash 2789.62
Govt fees 412.75 (what are these?)
taxes 1650.11
doc fee 45.00
sec deposit 700.00

I get a payment of 607.63 but leaseguide.com has the payment way lower. Hard to figure out what goes where on their calculator. Seems like I'm paying more than the stated down of 2789.62, which is what they say the total initial payment is. Any help very appreciated.
Old 11-14-2006, 06:56 AM
  #2  
Contributors
 
C's Bimmer's Avatar
 
Join Date: Feb 2006
Location: NY
Posts: 14,646
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Default

Originally Posted by carnutfan' post='355893' date='Nov 14 2006, 03:33 AM
I'm struggling with a lease on an '07 530. The worksheet is really hard to understand. I have the following numbers and appreciate any help:

MSRP 56,950
Capcost 54,125
MF .00050
Resid .62
Acq fee 825
Cash 2789.62
Govt fees 412.75 (what are these?)
taxes 1650.11
doc fee 45.00
sec deposit 700.00

I get a payment of 607.63 but leaseguide.com has the payment way lower. Hard to figure out what goes where on their calculator. Seems like I'm paying more than the stated down of 2789.62, which is what they say the total initial payment is. Any help very appreciated.
holy cow...is the MF really .00050 now??? Jesus, when I ordered mine (it being the first of the 2007 orders), it was .00250!
Old 11-14-2006, 06:56 AM
  #3  
Contributors
 
C's Bimmer's Avatar
 
Join Date: Feb 2006
Location: NY
Posts: 14,646
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Default

Originally Posted by carnutfan' post='355893' date='Nov 14 2006, 03:33 AM
I'm struggling with a lease on an '07 530. The worksheet is really hard to understand. I have the following numbers and appreciate any help:

MSRP 56,950
Capcost 54,125
MF .00050
Resid .62
Acq fee 825
Cash 2789.62
Govt fees 412.75 (what are these?)
taxes 1650.11
doc fee 45.00
sec deposit 700.00

I get a payment of 607.63 but leaseguide.com has the payment way lower. Hard to figure out what goes where on their calculator. Seems like I'm paying more than the stated down of 2789.62, which is what they say the total initial payment is. Any help very appreciated.
where are you based?
Old 11-14-2006, 07:43 AM
  #4  
Contributors
 
vegastrashed's Avatar
 
Join Date: Apr 2005
Location: San Diego, CA
Posts: 7,363
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2007 E63 AMG | Obsidian Black | Schwarzes Nappa | Black BirdEye Maple | Premium II Package | Electronic Trunk Closer | Parktronic Engine: RPi/Powerchips custom ECU tune, RPi Ram Air Kit (BMC filter, scoops), RennTech Sport exhaust, secondary cats, charcoal and resonator delete, custom AAA x-pipe Exterior: 50% side windows / 35% rear window Formula One Pinnacle Series | Flat AMG hood emblem Suspension: Renntech Lowering Module Wheels/Tires: Radenergie R10, Falken FK452 245/30/20, Yokohama ADVAN Sport 285/25/20 ----------------------------------------- 2005 545i Sport SMG | Ti Grau | Schwarzes Dakota | Anthracite Maple | Logic 7 | Nav Engine: Custom AFE CAI, Superchips ECU remap, Sprint Booster, RDSport Dual Exhaust Conversion with Quad Pipes and X-pipe, 3 resonators deleted, 90mm tips! Exterior: M-Tech Aero kit | M5 Mirrors | M5 Rear Bumper | Trunk Lid Finisher | Vorsteiner decklid spoiler | 50% Formula One Pinnacle Tint Suspension and Brakes: Bilstein PSS9 coilovers, JBT BBK: 16" cross-drilled rotors, 8 piston and 15" cross-drilled rotors, 4 piston Wheels: VIP Modular VR 02 20x9F, 20x10R | Toyo T1R 245/30/20F, 285/25/20R Lights: PIAA 4150K Xtreme White Plus fog lights, AIB v3 MOST IMPORTANT: Hardwired V1; =) ED Date: 4/7/05, Re-delivery date: 5/21/05
Default

Originally Posted by cmansbimmer' post='356002' date='Nov 14 2006, 07:56 AM
holy cow...is the MF really .00050 now??? Jesus, when I ordered mine (it being the first of the 2007 orders), it was .00250!
Yes, it's true. The MF is really that low. Only for 525 and 530s.
Old 11-14-2006, 08:35 AM
  #5  
Contributors
 
C's Bimmer's Avatar
 
Join Date: Feb 2006
Location: NY
Posts: 14,646
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Default

Originally Posted by vegastrashed' post='356012' date='Nov 14 2006, 11:43 AM
Yes, it's true. The MF is really that low. Only for 525 and 530s.
i'm going to hurl all over the place. i could have probably knocked my payment down $200/month with this low of a rate. makes me sick.
Old 11-14-2006, 08:51 AM
  #6  
Contributors
 
vegastrashed's Avatar
 
Join Date: Apr 2005
Location: San Diego, CA
Posts: 7,363
Likes: 0
Received 0 Likes on 0 Posts
My Ride: 2007 E63 AMG | Obsidian Black | Schwarzes Nappa | Black BirdEye Maple | Premium II Package | Electronic Trunk Closer | Parktronic Engine: RPi/Powerchips custom ECU tune, RPi Ram Air Kit (BMC filter, scoops), RennTech Sport exhaust, secondary cats, charcoal and resonator delete, custom AAA x-pipe Exterior: 50% side windows / 35% rear window Formula One Pinnacle Series | Flat AMG hood emblem Suspension: Renntech Lowering Module Wheels/Tires: Radenergie R10, Falken FK452 245/30/20, Yokohama ADVAN Sport 285/25/20 ----------------------------------------- 2005 545i Sport SMG | Ti Grau | Schwarzes Dakota | Anthracite Maple | Logic 7 | Nav Engine: Custom AFE CAI, Superchips ECU remap, Sprint Booster, RDSport Dual Exhaust Conversion with Quad Pipes and X-pipe, 3 resonators deleted, 90mm tips! Exterior: M-Tech Aero kit | M5 Mirrors | M5 Rear Bumper | Trunk Lid Finisher | Vorsteiner decklid spoiler | 50% Formula One Pinnacle Tint Suspension and Brakes: Bilstein PSS9 coilovers, JBT BBK: 16" cross-drilled rotors, 8 piston and 15" cross-drilled rotors, 4 piston Wheels: VIP Modular VR 02 20x9F, 20x10R | Toyo T1R 245/30/20F, 285/25/20R Lights: PIAA 4150K Xtreme White Plus fog lights, AIB v3 MOST IMPORTANT: Hardwired V1; =) ED Date: 4/7/05, Re-delivery date: 5/21/05
Default

Originally Posted by cmansbimmer' post='356032' date='Nov 14 2006, 09:35 AM
i'm going to hurl all over the place. i could have probably knocked my payment down $200/month with this low of a rate. makes me sick.
You can join MIAMI 5 in hurling. He wants to redo his lease b/c of this tremendous MF rate.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Padilla74
E60 Discussion
37
10-22-2015 09:07 AM
Justin66mp
E60, E61 Parts, Accessories and Mods
6
08-09-2015 06:59 AM
alfamaniacs
E60, E61 Parts, Accessories and Mods
3
06-18-2015 03:55 PM
Grrrit
E60 Discussion
30
06-10-2015 01:04 PM
shervinj
E60 Discussion
2
05-08-2015 09:03 PM



Quick Reply: I cannot figure out this lease-help appreciated



All times are GMT -8. The time now is 08:28 AM.