[emmfive]

Originally Posted by rastaman777

Thanks for the replies.

February? No way I can wait that long! I"m hoping to get into something the next 2 weeks.

Really pissed I missed the memorial day deals!

Lease programs on the 2015's carried over unchanged for June. You can still get a good deal on a '15.

[BMW Lunatic]

Originally Posted by emmfiv3

Lease programs on the 2015's carried over unchanged for June. You can still get a good deal on a '15.

They ended bud. Sales Manager is my good golf buddy at my local dealership. Info is correct.

[emmfive]

Originally Posted by BMW Lunatic

They ended bud. Sales Manager is my good golf buddy at my local dealership. Info is correct.

Hey big guy. I leased a 2015 i8 on Saturday, 24 months/10k per year, residual 69%.

Also, bmwusa.com shows 2015 i8 lease offer now expires 6/30/16.

EDIT: I was wrong, residual is 69% for a 24/10k lease.

[BMW Lunatic]

Originally Posted by emmfiv3

Hey big guy. I leased a 2015 i8 on Saturday, 24 months/10k per year, residual 67%.

Also, bmwusa.com shows 2015 i8 lease offer now expires 6/30/16.

You are right Emm..time to wack the sales manger Jason with my club when I see him this pm.....

rastaman77 broaden your search pick up and call dealerships with 15s left. Freeport NY has a silver one ask for Jackie.

[emmfive]

Originally Posted by BMW Lunatic

You are right Emm..time to wack the sales manger Jason with my club when I see him this pm.....

rastaman77 broaden your search pick up and call dealerships with 15s left. Freeport NY has a silver one ask for Jackie.

No worries, go easy on the guy

These lease deals are just plain silly. I was shopping for another M5, but when I saw the lease deals people were posting here, I couldn't resist.

[rastaman777]

Originally Posted by BMW Lunatic

You are right Emm..time to wack the sales manger Jason with my club when I see him this pm.....

rastaman77 broaden your search pick up and call dealerships with 15s left. Freeport NY has a silver one ask for Jackie.

I have been reaching out .
Hendrick, Otto's, Tenafly, Open Road/Newton.....so far all are giving me stupid numbers...around 5-7 K down, 1600/mth, 36mths,10-12Kmiles
Best I got for the 2015 was 3K down, 24mths,15kmiles,$1700!

THanks lunatic, I just tried Jackie, she's on vacation.

[exclusivedetails]

Originally Posted by rastaman777

I have been reaching out .
Hendrick, Otto's, Tenafly, Open Road/Newton.....so far all are giving me stupid numbers...around 5-7 K down, 1600/mth, 36mths,10-12Kmiles
Best I got for the 2015 was 3K down, 24mths,15kmiles,$1700!

THanks lunatic, I just tried Jackie, she's on vacation.

Contact Brett from Autohaus in MO.

Jackie was great to work with but unfortunately wasn't able to give me that great of a deal on that silver i8. Maybe they are more desperate to sell now.

[BMW Lunatic]

Originally Posted by rastaman777

I have been reaching out .
Hendrick, Otto's, Tenafly, Open Road/Newton.....so far all are giving me stupid numbers...around 5-7 K down, 1600/mth, 36mths,10-12Kmiles
Best I got for the 2015 was 3K down, 24mths,15kmiles,$1700!

THanks lunatic, I just tried Jackie, she's on vacation.

exclusive got from California shipped.......go on cars.com search 15's and pretty much call all dealerships and see what they say BMW BOSTON might be able to help they have a couple of 15s I pmed you a dealership in RI they are advertising the i8 for 117k......you will get lucky, thats what I did and I still feel I could have saved $50 bucks more.

[rastaman777]

Exclusiv, lunatic....thanks for the help!
Tomorrow will be another day of hunting down a good deal!

[rastaman777]

Well, the search continues.
I'm not sure what I'm doing wrong, but the more I look, the higher the rates are!
So today I'm getting quotes of 2000 mth for 2015 i8 24mth/15k miles!!

just gog off the phone with another dealee...now up to 2100!

[Mr.SugarSkulls]

Originally Posted by rastaman777

Well, the search continues.
I'm not sure what I'm doing wrong, but the more I look, the higher the rates are!
So today I'm getting quotes of 2000 mth for 2015 i8 24mth/15k miles!!

just gog off the phone with another dealee...now up to 2100!

Wait until the end of the month

They're usually more willing especially if they fear that the 15s won't be leaseable the following month

[rastaman777]

Originally Posted by Mr.SugarSkulls

Wait until the end of the month

They're usually more willing especially if they fear that the 15s won't be leaseable the following month

I was really hoping to get into one sooner, but it seems like end of the month will be the best possibility.

Just an update on quotes, got another one just now...$1600/mth with $15k down!!! LOL!

[Mr.SugarSkulls]

Originally Posted by rastaman777

I was really hoping to get into one sooner, but it seems like end of the month will be the best possibility.

Just an update on quotes, got another one just now...$1600/mth with $15k down!!! LOL!

That is absolutely insane!

On some dealer sites, you can get a 2016 (36 months) for the same monthly with 6k drive off total.

2 weeks will go by quickly, just stay vigilant. But from personal experience, most dealerships will play ball at that time (end of month)just to move em.

[rastaman777]

insane for sure!

one dealer did me give a breakdown...

adjusted cap cost - 139K
term - 36mths
money factor - 0.00178
residual - 89K (64%)
payment - 1800

and that is with 3K + taxes down

[Mr.SugarSkulls]

Originally Posted by rastaman777

insane for sure!

one dealer did me give a breakdown...

adjusted cap cost - 139K
term - 36mths
money factor - 0.00178
residual - 89K (64%)
payment - 1800

and that is with 3K + taxes down

Money factor is off

Should be .00138

They're trying to make money off of ya.

Tell them to readjust it (unless it's because your credit doesn't fall under top tier)

Also, 139 is a terrible deal for a 15. Should AT LEAST be low to mid 20s and that's being kind on your part

[rastaman777]

Originally Posted by Mr.SugarSkulls

Money factor is off

Should be .00138

They're trying to make money off of ya.

Tell them to readjust it (unless it's because your credit doesn't fall under top tier)

Also, 139 is a terrible deal for a 15. Should AT LEAST be low to mid 20s and that's being kind on your part

Thanks for the info. Yup I figured some or all of the numbers were off.
I do have tier 1 credit as well.
Yup...they're tryin to make a killing off me!

[Sasso]

Can you give me more details?

[rastaman777]

Originally Posted by Sasso

Can you give me more details?

? Details about what?

[rastaman777]

Just curious...i ran some numbers backwards using a lease calculator.
So if I take an MF = 0.00138, RV=64%, monthly payment of 1300, taxes 8%, 0 down, 24mths, I get a vehicle price of 104K. Does that sound right?

[exclusivedetails]

Originally Posted by rastaman777

Just curious...i ran some numbers backwards using a lease calculator.
So if I take an MF = 0.00138, RV=64%, monthly payment of 1300, taxes 8%, 0 down, 24mths, I get a vehicle price of 104K. Does that sound right?

Too many factors. Is it tax on sales price or on just monthly payments? What is the MSRP of the car?

At a $140k MSRP, you want sales price to be around $112k assuming tax is based on monthly payment with zero down (just first month payment).

Residual changed from May? I believe my deal last month was 66%.

Get the dealership to send their calculation so we can see the break out. They can play tricks. Better sales price but increase the MF, add on misc. fees, calculate taxes incorrectly...etc. I usually go through each line on the lease calculation to make sure everything looks correct.

[rastaman777]

Originally Posted by exclusivedetails

Too many factors. Is it tax on sales price or on just monthly payments? What is the MSRP of the car?

At a $140k MSRP, you want sales price to be around $112k assuming tax is based on monthly payment with zero down (just first month payment).

Residual changed from May? I believe my deal last month was 66%.

Get the dealership to send their calculation so we can see the break out. They can play tricks. Better sales price but increase the MF, add on misc. fees, calculate taxes incorrectly...etc. I usually go through each line on the lease calculation to make sure everything looks correct.

Thanks for the info. More complicated than I thought.
Yup, the last 2 quotes I got had a residual of 64% for a 24mth/15K lease.
I'm hoping I get some better numbers tomorrow. Got some more calls to follow up on.

[emmfive]

Originally Posted by rastaman777

Thanks for the info. More complicated than I thought.
Yup, the last 2 quotes I got had a residual of 64% for a 24mth/15K lease.
I'm hoping I get some better numbers tomorrow. Got some more calls to follow up on.

There are lease calculator tools on the interwebs that will help you double check numbers. I can send you my excel sheet that calcs numbers within a few bucks, however its designed for California leases.