Oh nice thanx a lot for your help!!!!! I was just creating login name.

"you might do something drastic"

Yea I often worry about that myself, I keep on looking at the 7 series, someday I might bring one home, that would be drastic!

here is what is needed to calculate monthly:

MSRP
negotiated price
residual %
money factor
length of lease
sales tax

go here:

Car Lease Calculator — Monthly Lease Payments and Costs

plug everything in. It's usually within +/- $10 or so

According to leaseguide, your monthly payment with no downpayment i.e. no cap cost reduction and not including tax is:

$757.86

So the dealer is dead on.

How is he dead on if option two, which is straight up lease, he said it's going to be $795.36. You prob looking at option one which is with Multiple security deposits.

Anyway he told me that for 2010 models the money factor is .00280 not .00250.

Anybody in NJ who is leasing getting the same money factor?

In your post #8, he quoted you $757.88 didn't he?



I'm not sure where you're getting this multiple security deposit theory from, but I don't see the purpose and in 20 years of leasing have never heard of that before. Why are you giving BMW $6k for 3 years to hold onto?

Because it lowers your MF by .00007 for each deposit, up to 7 deposits. This means you can lower your MF by up to .00049. This lowers your monthly payment a good amount, and you get your money back in the end. You end up saving a good chunk of change. It's definitely a good thing. It's a great return on an investment.

Check out this thread: BMWFS Improves the MSD Program! - bimmerfest - BMW Forums

Interesting, learn something new every day.

Nope, those were my calculations, which i send to him. If he would have told me that my lease would be $757.88 i wouldn't have any problems. The reason i'm questioning him is because he is telling me that lease payment should be $795 and that my calculations are incorrect. Well anyway, I'll talk to finance manager over the phone tomorrow, and see what he says.

See October lease rates here (new program starts Nov 2): BMW Auto Lease Programs - October 2009 - bimmerfest - BMW Forums

The MF is different for each model. For the 2010 X5d, the buy rate (base rate) is .00255 (until the program changes on November 2nd). Dealers can mark this up by .0004, which means anything above the buy rate is 100% profit for them. This is another item you should negotiate. There is also an acquisition fee of $725 for every lease. The dealers are allowed to mark this up by $200 (more profit). This is yet another item to negotiate.

(When I got my 335xi lease last November, I agreed on $825 acq fee and .0001 on top of buy rate.)