Das - I spoke with my salesman about the padded money factor - he says that the 0.00140 is the buy not the sell rate and so the 0.00180 was apparently a "great deal" and that 4.3% was a good rate AND that you calculate the rate by multiplying by 2000, not 2400 -

I don't know what others have experienced but this is ridiculous -

Despite my enthusiasm about my new e60 I will seek another dealer - very disappointing experience!!!!!!! I hate to say it but my Lexus experience was decidely painless in comparison, now only if their cars were more exciting.....

Ok, guys, the wait begins, again......painful....

 

I don't quite understand the problem. .0018 X 2400 (the correct multiplier) = 4.32 = the "APR" of the lease--which is pretty decent. I think that .0018 is a good, but not necessarily the best, money factor on what I assume is a new model car.

 

What's the problem? That isn't such a bad base rate, look at the competition as well......nothing much better than that.

Now, the 550i has a .00260 rate.....consider yourself lucky with what you got.

 

I don't quite understand the problem. .0018 X 2400 (the correct multiplier) = 4.32 = the "APR" of the lease--which is pretty decent. I think that .0018 is a good, but not necessarily the best, money factor on what I assume is a new model car.
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They gave me money factor 0.0016 i guess that is decent..correct?

 

I don't quite understand the problem. .0018 X 2400 (the correct multiplier) = 4.32 = the "APR" of the lease--which is pretty decent. I think that .0018 is a good, but not necessarily the best, money factor on what I assume is a new model car.
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They gave me money factor 0.0016 i guess that is decent..correct?
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.0016 is decent, but to say much one has to know what car you are buying/bought and when you are doing/did so.

 

I don't quite understand the problem. .0018 X 2400 (the correct multiplier) = 4.32 = the "APR" of the lease--which is pretty decent. I think that .0018 is a good, but not necessarily the best, money factor on what I assume is a new model car.
[/quote]

They gave me money factor 0.0016 i guess that is decent..correct?
[/quote]
.0016 is decent, but to say much one has to know what car you are buying/bought and when you are doing/did so.
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525 prod week 40 06. It has prem + sport + cold weather package + a/lights. I need to go and get on saturday..it is waiting for me. I finalized the paper work last saturday.

 

Please see below.

 

I don't quite understand the problem. .0018 X 2400 (the correct multiplier) = 4.32 = the "APR" of the lease--which is pretty decent. I think that .0018 is a good, but not necessarily the best, money factor on what I assume is a new model car.
[/quote]

They gave me money factor 0.0016 i guess that is decent..correct?
[/quote]
.0016 is decent, but to say much one has to know what car you are buying/bought and when you are doing/did so.
[/quote]

525 prod week 40 06. It has prem + sport + cold weather package + a/lights. I need to go and get on saturday..it is waiting for me. I finalized the paper work last saturday.
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Your rate is good enough. It might have been a tad better since your car was introduced a while back. But, small differnces in money factors don't matter much. You might have been able to shop around for a lower factor, but why bother? Overall, the BMW leasing arrangement probably would have been better even if you had found a lower factor. The BMW leasing plan is a good one with a number of good pluses--most of which I can't remember right now.

 

0.0016 is the BMWFS October buy rate for an 06 525i, and a markup of .0002 is not that unreasonable. I would not consider it a dealbreaker if the other components of the lease are favorable, but with leases there are many factors to consider other than just the money factor.

 

good news-I went to a competing dealer and got the car for 1000.00 over invoice, the M-aero kit at cost, and a money factor of 0.00150! wow, it was painless.....

and it looks like I'll be getting the car that's on the boat after all!!!