need help negotiating new lease

frankpils · 10-24-2014, 10:26 PM

I received a quote for a 2015 328i x-drive monthly lease for $557.00/month tax included and no $ down.
Lease is for 36 mos./10k miles per year.
msrp=53225
sell price=47225
money factor=0.00129(3.09%)
residual=33531.75
557/mo. includes 725.00 bank fee
dealer wants 250.00 for plates, 75.00 doc.fee,22.50 insp.fee plus first month lease pymnt of 557.00 for total of 904.50 as first pymnt.
My questions are, Is this an overall good deal? At what price should I begin to counter this lease price? i.e. how low would you offer?
Thanks...

frankpils · 10-24-2014, 10:47 PM

where is the right forum for my question?
I made an error in my profile. I currently drive a 2011 328i x-drive.

Mike_L · 10-24-2014, 10:47 PM

I've never heard of being able to counter a lease price, just the sell price that the lease is based upon.
Thats the standard money factor for BMW. They gave me the same one.
The other fees are pretty non-negotiable. Plate fees go for the registration too. Dealer fees are always $75 in NY. Thats the max they're allowed to charge. Inspection fee is wrong, its just $10 for the first 2 years (each), $37 after that. Theres also going to be a $10 tire fee ($2.50 each).

10-24-2014, 10:26 PM	#1
frankpils New Member 2 Rep 9 Posts Drives: 2011 328i x-drive Join Date: Oct 2014 Location: new york iTrader: (0)	need help negotiating new lease I received a quote for a 2015 328i x-drive monthly lease for $557.00/month tax included and no $ down. Lease is for 36 mos./10k miles per year. msrp=53225 sell price=47225 money factor=0.00129(3.09%) residual=33531.75 557/mo. includes 725.00 bank fee dealer wants 250.00 for plates, 75.00 doc.fee,22.50 insp.fee plus first month lease pymnt of 557.00 for total of 904.50 as first pymnt. My questions are, Is this an overall good deal? At what price should I begin to counter this lease price? i.e. how low would you offer? Thanks...
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10-24-2014, 10:47 PM	#2
frankpils New Member 2 Rep 9 Posts Drives: 2011 328i x-drive Join Date: Oct 2014 Location: new york iTrader: (0)	where is the right forum for my question? I made an error in my profile. I currently drive a 2011 328i x-drive.
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10-24-2014, 10:47 PM	#3
Mike_L Banned 285 Rep 1,960 Posts Drives: 2015 335xi GT M-Sport MPPK Join Date: Jun 2013 Location: New York City iTrader: (2)	I've never heard of being able to counter a lease price, just the sell price that the lease is based upon. Thats the standard money factor for BMW. They gave me the same one. The other fees are pretty non-negotiable. Plate fees go for the registration too. Dealer fees are always $75 in NY. Thats the max they're allowed to charge. Inspection fee is wrong, its just $10 for the first 2 years (each), $37 after that. Theres also going to be a $10 tire fee ($2.50 each).
	Appreciate 0