Interesting, this doesn’t look like such a great deal if you price this out with the numbers you gave me in this thread!

https://g35driver.com/forums/showthr...=1#post1513777

Originally Posted by JWangSDC
Wake up call, the G is the best value when bought, not leased. BMW runs .001x and 62% residual values for a 3 year lease.

So let’s run the numbers.

- 36 months with 15K per year
- $4000 down. I still don’t like putting money down on a lease but whatever floats your boat.
- $51,496.00 MSRP Let’s say a selling price of $49,000. I think that is a reasonable discount that you wouldn’t have to do much begging to get.
- Residual .0019 which you claim is normal for BMW.
- WOW 62% residual! You really think you would get that. If so then this is going to be a sweetheart of a lease!

So you thought $583.00 month w/scheduled maintenance was a good deal.
If you run the numbers above through the calculator below then you come up with $547.47 per month with 7.5% sales Tax included. So I guess your $583 per month was not such a good deal after all or your lease numbers were a figment of your imagination. I rest my case!

http://www.leaseguide.com/calc.htm

 

A) you are forgetting acquisition/bank fee, registration etc.


B) when have I used $4K down payment?

The difference is, you are running your numbers in lala land...I am running them in the real world. Why don't you go try to lease a G35 with Premium and Nav RIGHT now paying nothing more than fee's and first monthly payment upfront for 36 months and see what monthly payment you come up with?

Here's a hint, try putting in $38,900, take off $1500 for discount, add $595 for bank fee, which went up fro $550 this month, then ur other miscellaneous fees and tax on those fees then plug in your 57% residual and .00231 money factor. What do you come up with sir? Something to the tune of $602.62/month with 7.5% sales tax?


Now tell me $583/month OUT THE DOOR with free maintenance isn't a good deal.


Sir you are an absolute joke. It humors me to see how self-righteous you attempt to be with your lease calculator when A) you are coming up with numbers in theory B) You don't even seem to grasp the idea of a self-amortizing loan's cashflow. If you do not understand how the lease calculator works, it is likely you do not understand how variables change it. BMW's hugely attractive residual and money factors make a large difference.

To think the G35/37 coupe will be less expensive than the sedan is insane. To think its residual will be so much greater that it will match BMW is insane... Finally to think the money factor will be low within the first 6 months of its release...is also insane.

I am trying to help people out here, notice my posts in other threads. I give honest opinions about cars and different perspectives. Then when people want to buy a car, I tell them exactly what to do and I assure them at least X amount is possible to get off. All you do is jerk off with your calculator. Sir you should be banned.

 

The $51K sticker did not come out of my mouth and I think it's a bit hefty as well.. You inflate the 335i's price beyond measure but then use 36K for a G35/37 coupe? LOLOLOL. The difference is simple, the 335i will cost about 9K more than the G but with the discrepency in residual/money factor, that difference begins to dissappear.

I'm glad you NOW agree that 62% and .00150 are a great deal when that was the point of my first post. Instead of realizing this you have posted trash on every thread possible which only serves to confuse and misinform people. You sir, should be banned.

 

Are those numbers for 335i sedan correct (62% and 0.00150)? When I went to the BMW dealer, they told me residual on a 36 month lease with 12000 miles is 61% and MF 0.0029.

 

Seattle

 

61% is very good. .0029 not so much. I think I would rather have the good residual though. You have to run the numbers to be sure though.

 

You are right that wasn’t you that had posted that MSRP. I thought you had posted that lease deal but it was someone else. My apologies. However, they did specify that they were looking at a $51,000 335i and that they thought they were getting a good deal. If your numbers are correct then their payment was still pretty high. Someone has corroborated the high residual. Do you have anything to back up that .0015 money factor? If you can prove that your numbers of 62%, 15K/month, 36 months, and .0015 money factor can be had now on a new 335i that is not a demo model or has something else wrong with it then I promise I will Ban myself for 1 week. Until then I will speak my mind on whatever I feel like.

 

Don't need to ban yourself for a week. I was simply getting annoyed because this board has helpedme a lot and I was trying to give back to it. The problem is you kept getting in the way. As long as you understand now. Sir, I had nothing against you except that you were posting misinformed facts for the sole reason of attempting to make me wrong, when i was not.

 

OMG, what a funny thread.

To cut to the chase, say you had a 22 y.o. kid just graduating college, and he/she says dad, I can buy a Hyundai Elantra and have pymts for 5 yrs., or I can drive an Infiniti G35 for that same monthly payment by leasing.

If you can honestly look that 22 y.o. in the eye and suggest that they lease the Infiniti, because why own a Hyundai just rent an Infiniti, then more power to you. At least that kid will have a new car every 3 yrs. for the rest of his/her natural life.

 

Please don't start this...you are sounding like m.

That is NOT the point of the thread.

The point of the thread is that if you are looking to lease for your own reasons...say BUSINESS. The G35 is not much cheaper than the BMW.

 

Ok, let's accept that one leases for "whatever" reasons, say business. That's like selling a stock for tax reasons, not fundamentals on whether the stock is sound or not.

I don't lease, but I still find it hard to believe that an 8,700 difference in price between the two vehicles evaporates thanks to leasing. But let's say it does. If you set out tomorrow morning, you'll be hard-pressed to get a 335i coupe before the end of Jan., possibly early Feb. Again, not apples to apples. If you couldn't get an Infiniti until late Jan. as well, then it may be. Otherwise, what's your time worth? If it's a 2nd car, it may actually be fun to order, wait, and track.

There's a ship leaving Bremerhaven virtually every 1-3 days for Jersey City, NJ, full of BMW 3 Series built at the Regensburg plant. Virtually all of the future owners of these cars have been waiting 6-10 weeks. Only way to bypass is to pay list when someone backs out of their order. Pay list, and that 8,700 difference grows to about 10,400.

I'm really not sure if anyone who is looking to buy an Infiniti is truly comparing the car to a BMW. Maybe it's just window shopping is my impression, the more I read these posts.

 

This thread is funny...However, leasing is absolutely the right choice in certain circumstances. Owning a car is only beneficial if you keep it beyond 6 years to realize the depreciation loss after the 5th year. In cases of luxury cars, I certainly wouldn't want it after the warranty expires. Sounds like you do not understand the value of the MF for a lease. It is not just the principle multiply by the interest rate. It is the cap cost + the residual then multiply by the MF to get your monthly "rent". So to makeup that 8700 difference is in sticker is very doable. Remember, you're only paying the depreciating part (40 - 42 %) on a 3 year lease. I just leased a 2007 530i that's $60,040 in MSRP for $647.66 month including tax 15k 36 months with $0 down. Why? Because of the MF rate. I'm only paying $7.47 in interest a month. I could buy the car with cash outright, but why? No, I'm not a 22 year old kid that wants to drive a car that I can't afford. I own a consulting company grosses over $375,000 a year and pull in around $175,000 of it myself. Not to be righteous, but there are many misconceptions out there about leasing that are just not true...Sample calculation for 2007 335i sedan below using Nov. rates from BMWFS including 8 multiple security deposits (1st time BMWFS customer)

12k/36 months
Option Description Invoice MSRP
335i Base $35,605.00 $38,700.00
205 Steptronic Auto Trans $1,210.00 $1,275.00
ZSP Sport Package $1,455.00 $1,600.00
ZPP Premium Package $2,230.00 $2,450.00
609 Nav $1,910.00 $2,100.00
655 Sirius $540.00 $595.00
2XA Paddle Shifter $90.00 $100.00
494 Heated Seats $455.00 $500.00
Destination Charge $695.00 $695.00
Totals $44,190.00 $48,015.00


Additions to Invoice to arrive at the Cap cost:
Amt over invoice $1,000.00
MACO $380.00
Inception Markup $0.00
Inception Fee $625.00
Down Payment $0.00

MSRP $48,015.00
Cap Cost $46,195.00
Residual % 62.00%
Residual $ $29,769.30
Lease Term 36
Monthly Depreciation $456.27
Net Money Factor 0.00101
Monthly Interest $76.72
Base Payment $532.99
Tax $38.64
Monthly Payment $571.64

Security Deposit $600.00
Total Security Deposit $4,800.00

Based on a 7.25% tax