[jonnyM6]

I've got M6 36 mo lease up begining April '17
There'a an i8 (can get all the specs but the bottom line is the )stickered $150K
plus wheel warranty (I am not sure if that's $1K or 2K+)


How's this deal sound?
Lease return early
Drive away $3k (all fees including first mo payment.)
36 mo 15kmi/year
Payement including taxes
right $1950/mo

Any help is much appreciated.
I can get any specific numbers pertinent to the vehicle/deal if needed.

When I crunch the numbers they seem good but it seems like I am seeing better deals out there (but that may be the suck you in numbers not including taxes and every other ding.)

Thanks a lot guys.

[Mikegg]

It is hard to judge, as you are rolling negative equity in. Negotiate the lease before you bring in the negative equity. It is hard for us to judge the deal with that factor.

Ask for the MF they are using.

--
EDIT: Just re-reading your post. Are they taking your M6 back free of charge without making you make anymore payments?
If so, this deal is terrible.

[skinrock]

Originally Posted by Mikegg

It is hard to judge, as you are rolling negative equity in. Negotiate the lease before you bring in the negative equity. It is hard for us to judge the deal with that factor.

Ask for the MF they are using.

--
EDIT: Just re-reading your post. Are they taking your M6 back free of charge without making you make anymore payments?
If so, this deal is terrible.

Even with rolling in 5 months left (plus penalty?), isn't it still a bad deal?

[MalibuBimmer]

Originally Posted by skinrock

Even with rolling in 5 months left (plus penalty?), isn't it still a bad deal?

Yes. About $28K bad. With 4 months left on the M6 lease that's throwing away at least twenty large.

[skinrock]

Originally Posted by MalibuBimmer

Yes. About $28K bad. With 4 months left on the M6 lease that's throwing away at least twenty large.

Almost exactly what I thought (~25k).

[jonnyM6]

Given the incentives this month and the BMW loyalty what would a good deal look like w and without the remaining months on my current lease?
$150K Sticker +$2K wheel insurance
15K miles/year
36 month lease

What would be a great monthly payment?
($3K down including all taxes, fees and first month payment)

Thanks!

Edit: I am by no means an expert but here's the math as I understand it
to determine a good lease deal http://www.realcartips.com/leasing/0...ase-deal.shtml

I did the calculation including the tax (which I should not have) so the bottom line would've shown a better deal if I I hadn't.
I did the calculation without allowing for them paying off 4-5 more payments (M6) also would show a better deal had I done that.
And I didn't factor in the $2K wheel package they are covering. I am not seeing how this is a bad deal at 15K mi/year.
All that said I am at like $132/10,000 and for by the link's math they suggest $141/10K at only 12,000 mi/year.
What am i missing?

Your help is very much appreciated.

[exclusivedetails]

Please take a look at this thread I would run away from your original deal

http://bmwi.bimmerpost.com/forums/sh....php?t=1305412

[jonnyM6]

Thanks all of you! Especially MikeGG--what a solid guy!
Gave a tutorial/rundown. I feel like I've got lease deals (more or less.)
Surprisingly, I never took the time to get more than the real basics.
I'd look at a basic calculator online etc. Now I can get into the heart of it.

Leaving my M6 out of the deal to either enjoy until the lease is up or figure
if it's got equity etc.

The deal now looks like
149,900 MSRP
21,000 off
2K wheel tire package paid for by them
36 months
15K mi/year
$3k down at signing
Should be $1408 mo--starting month 2.

Over the phone they were about $70 higher but he was driving.
The deal should look like above?

Any thoughts?

[MKSixer]

Paging Mr.SugarSkulls

How are you, buddy? Where ya been?

Help this gentleman out...I think you have the best deal that I've seen.
Cheers-mk

[Mr.SugarSkulls]

Originally Posted by MKSixer

Paging Mr.SugarSkulls

How are you, buddy? Where ya been?

Help this gentleman out...I think you have the best deal that I've seen.
Cheers-mk

My man! I've been great, stayed away from the OT boards with the exception of the NFL thread because it's pretty much turned into a Seahawks vs cowboys thread (you know how delusional those cowgirl fans can get)
The i8 is still as intoxicating all these months later- kind of cool how local people know it's you when they see the car (when people in my building ask who's it is- it's always "that young dude with all the tattoos and cute bulldog" ahahahaha)

How's everything with you and the family?

I've PMed the gentleman already- hopefully I can work my magic this holiday season as I was able to in the summer

[jonnyM6]

Got the PM Sugar. Thanks!!! I responded.

And thank you to all the board members that have helped me out.
Never took the time to understand lease deals. I got it now! Thanks again!

Quickly check this out: So MikeGG helped me back all the numbers in the deal. Long story short. The guy at the dealership, my "friend" told me the calculator we are using is wrong.

Dude, it's an f'ing calculator it's not an opinionator. I ask how's it wrong? We didn't account for dealer fee, cap cost reduction, tag fees etc. Actually we did to the tune of $1600. By his numbers--when we backed them in his "fees" were well over $8,000.00!!!

So glad I turned to the board here!!! Thanks a lot!!!

Damned!!!

[Mikegg]

Originally Posted by jonnyM6

Got the PM Sugar. Thanks!!! I responded.

And thank you to all the board members that have helped me out.
Never took the time to understand lease deals. I got it now! Thanks again!

Quickly check this out: So MikeGG helped me back all the numbers in the deal. Long story short. The guy at the dealership, my "friend" told me the calculator we are using is wrong.

Dude, it's an f'ing calculator it's not an opinionator. I ask how's it wrong? We didn't account for dealer fee, cap cost reduction, tag fees etc. Actually we did to the tune of $1600. By his numbers--when we backed them in his "fees" were well over $8,000.00!!!

So glad I turned to the board here!!! Thanks a lot!!!

Damned!!!

[Mr.SugarSkulls]

Originally Posted by jonnyM6

Got the PM Sugar. Thanks!!! I responded.

And thank you to all the board members that have helped me out.
Never took the time to understand lease deals. I got it now! Thanks again!

Quickly check this out: So MikeGG helped me back all the numbers in the deal. Long story short. The guy at the dealership, my "friend" told me the calculator we are using is wrong.

Dude, it's an f'ing calculator it's not an opinionator. I ask how's it wrong? We didn't account for dealer fee, cap cost reduction, tag fees etc. Actually we did to the tune of $1600. By his numbers--when we backed them in his "fees" were well over $8,000.00!!!

So glad I turned to the board here!!! Thanks a lot!!!

Damned!!!

That's what we're here for man. So people can reach out to reputable dealerships, and not get screwed over by the other dealerships looking to make a quick buck off of you.

Obviously - an i8 isn't cheap and shouldn't be so unrealistic to have a "700-900" dollar payment without a cap cost reduction. But (most) dealerships instead of trying to build a long lasting relationship with a client, end up screwing them over.

It's why I appreciate GOLFFRR and Steve Thomas BMW so much. They're willing to work with you, and while you MAY find a better deal sometimes, they're upfront and rarely won't match/beat it. They understand a happy costumer is a repeating one.

We'll be in touch in the coming weeks

[notmrg]

Originally Posted by Mr.SugarSkulls

That's what we're here for man. So people can reach out to reputable dealerships, and not get screwed over by the other dealerships looking to make a quick buck off of you.

Obviously - an i8 isn't cheap and shouldn't be so unrealistic to have a "700-900" dollar payment without a cap cost reduction. But (most) dealerships instead of trying to build a long lasting relationship with a client, end up screwing them over.

It's why I appreciate GOLFFRR and Steve Thomas BMW so much. They're willing to work with you, and while you MAY find a better deal sometimes, they're upfront and rarely won't match/beat it. They understand a happy costumer is a repeating one.

We'll be in touch in the coming weeks

Steve Thomas BMW and David Avilles (spelling?!?) have been great to work with. They secured an i8 for me and my wife and are setting it up for performance center delivery.

Both of my local dealers tried to screw me over....I had already been to this forum before going to my local dealerships and knew they were being shady immediately (I had used forums for Porsche's in the past and knee the value of comparing deals).

Wish I had gone to Steve Thomas when I lived 15 mins away...either way I'm sending all of my LA friends their way!!

[MKSixer]

Originally Posted by Mr.SugarSkulls

My man! I've been great, stayed away from the OT boards with the exception of the NFL thread because it's pretty much turned into a Seahawks vs cowboys thread (you know how delusional those cowgirl fans can get)
The i8 is still as intoxicating all these months later- kind of cool how local people know it's you when they see the car (when people in my building ask who's it is- it's always "that young dude with all the tattoos and cute bulldog" ahahahaha)

How's everything with you and the family?

I've PMed the gentleman already- hopefully I can work my magic this holiday season as I was able to in the summer

Lol! The Cowboys. Fuq'em...I lived there for 5 years and couldn't stand the obnoxious behavior of the fans. I refused to step into the stadium even though I had access to a suite at the company I worked for at the time. Still hate them!!

All is well. Waiting on the M4 GTS! I saw that you will be spending a little more time south of the border in another thread. I'm all about saving the money, as well. Unfortunately here, south of the border means the Gulf of Mexico!

Thanks for helping the OP out...we i8 brothers have to stick together!

[MalibuBimmer]

Originally Posted by MKSixer

...we i8 brothers have to stick together!

Espeshully when guys who have "borrowed" an i8 from a "friend" come by to tell us all about our cars.

[MKSixer]

Originally Posted by MalibuBimmer

Espeshully when guys who have "borrowed" an i8 from a "friend" come by to tell us all about our cars.

Didn't I tell you that I borrowed a Veyron from a friend yesterday?

If I forgot, it was utter rubbish. I can't believe anyone fell for that bit of marketing and rebranding from VW. It was the same when I drove the Lamborghini Aventador a friend loaned me...crap on a cracker.

[gr112884]

just signed
144k msrp
12k miles a yr
true zero down nothing out of pocket until 2nd payment
1269 after 8% tax

plus free shipping from east to west coast to my door!!

[skinrock]

Originally Posted by gr112884

just signed
144k msrp
12k miles a yr
true zero down nothing out of pocket until 2nd payment
1269 after 8% tax

plus free shipping from east to west coast to my door!!

24 or 36 months?

[gr112884]

36

[Mario B]

I am looking for an i8 lease in Dallas, Texas. Does anyone have a good contact around here? I have a car to trade in, so it has to be a local guy unless they can pick up my car. I talked to Steve Thomas BMW and they give me good numbers but I need to take my car to LA. Any help is appreciated.

[notmrg]

Stick your trade in on a transfer truck and ship that sucker if the math works out.

I shipped a car from Fort Lauderdale to LA and it cost me $800 or so in 2012. It might be cheaper to do that, instead of getting a deal that's not as good in Texas.

Steve Thomas is setting up my Performance Center Delivery...I'll have my i8 in a few weeks (no trade in)!! I'm so excited!