Did I get a good deal
335I
Gross Capitalized Cost. 44164.00----List price 44,495.00. (500.00 discount) Cash Down.7093.55 Capitalized Cost Reduction. 7093.55 Adjusted Capitalized Cost. 49554.45 Residual Value. 25807.10 Depreciation. 23747.35 Rent Charge. 6511.37 Total of Monthly Payments. 36-15K per year Base Payment. 840.52 My 02 X5 base model that was valued at 22,000.00 and I owed 33,500.00. I just wanted to see what every one though about the number above. I know the payment is high! I wanted to get out from under my car. It felt like my car was in the shop over and over. I bought my car 7 months ago and only put 6,000 miles on the car with a total of 49K miles, before the trade on the X5. I though this was a good/bad idea to step away from the car in 3 years. Please post any comments. |
that's a HORRIBLE deal. 1) never put $ down on a lease. instant $ down the drain. 2) 50% residual after 3 years.. ouch..
don't roll cars over especially if you are upside down. Sell it yourself. Quote:
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I agree with SANguru you should never put down money on a lease, you would have been better off throwing it out the window, you at least would have had a chance of finding it again.
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ouch.... that's uh, not so good. My '04 X was ~ $700/month, 39 month lease, no money down, etc. Josh is right, NEVER put money down on a lease. Take the $5000 that you put down (i'm assuming $5k was down and the rest was tax/title/fees), and divide it by the length of the lease is about $140. Tag that $140 back onto your monthly and you're at $980 a month.
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agree with above. plus, BMW is trying to gouge anyone leasing a 335i coupe right now b/c its so new.
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Ouch thats WAY more then my 3.0i X5 but hey you have a new car so whats in the past cannot be changed, enjoy your new ride and forget about it
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That's a lot of cash down! :thumbdown Oh well if you already have the car, enjoy it to the max. Drive it like you stole it since you paid a substantial amount for that lease.
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