The Wall

The Wall: Irfan’s 2011 BMW 335i Xdrive

Published by G

Name: Irfan
Location: Ohio
The RIDE: 2011 BMW 335i XDrive Coupe 6MT (Corporate Car w/ 10,400 miles)
The DEAL:

Original MSRP : 55,800
Sale Price : 47200
BMW Olympic Incentive 1000
Total Selling price: 46200
Fees rolled in: $1000 ($acquisition/title/misc)
Residual: $32,623 (58.46%)
MF: .002
Tax 6.75%
Due at lease signing: First month payment ($600, tax included)

payment is a true $600/month for a “new” 335i Xdrive coupe fully loaded that will be under warranty the whole time, excellent condition, stickered at 55800

Has Premium/Sport/ColdWeather/HarmanKardon/SatRadio/Convenience… Sapphire Black Metallic on Oyster/Black.

Carmax saved the day for me.. I had an $45,600 2008 IS350 for $600/mo taxes included as well (also just first month upfront), with 6 months left. I was going to be over my miles, lost a key and had some body damage, i would have been paying about $3000 at the end of the lease. Carmax appraised my car for $550 more than the payoff was going to be, so I got a check for $550 and also got out of paying $3000 so really they saved me $3,550+.

My TAKE:

Congrats on the new ride Irfan! I like the ride a lot! Leasing slightly driven cars can be tricky because the residuals need to be adjusted due to the pre-existing miles, but if the numbers look good, you can actually drive away with a pretty good deal. 335i is awesome and for $600 bucks a month (on a $56k car) that’s a lot of car for not a lot of cash. Good job! Carmax has always been a great place to go to because the trade-in offers far exceed those from dealers. I’ve had dealers tell me Carmax is insane for cutting those deals. Good for US I say! Haahaa.

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The Wall: Spicy Mikey’s Daughter’s 2011 Infiniti G37

Published by G

Name: Spicy Mikey
Location: Florida
The RIDE: 2011 Moonlight White Infiniti G37 Journey Sedan
The DEAL:

G37 Journey Sedan
White/Wheat
Premium Package, Navigation Package, Interior Accent package, Splash Guards
MSRP $41675 ($300 of extras paid in cash).
Acq Fee $700
Cap Cost $38250
MF 60%
Residual .00109
39mo/15k
Payment $455 tax inc

Sold 2009 Lexus IS250 at CarMax for $2100. Applied $1300 for inception fees. Pocketed $800.

WE LOVE CARMAX!

My TAKE:

Wow Mike, you are a tough act to follow. Not only are you getting a bunch of cash from your trade-ins, but your kids are getting some fancy rides. Love the deal you got at CarMax. They are a lessee’s best friend! Even if you didn’t go below invoice (plus your dealer fee was insane), I think everyone would agree that the lease was still darn good. Congrats. Wishing your daughter lots of luck with that wheat interior…it’s gonna be a tough one to keep clean. I would know. Haahaa.

On another note, your kids got the whole Spy vs Spy things going on. Hilarious! Haahaa.

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The Wall: Spicy Mikey’s Daughter’s 2012 Acura TL Tech

Published by G

Name: Spicy Mikey
Location: Florida
The RIDE: 2012 Black Acura TL with Tech
The DEAL:

2012 TL Tech Graphite/Taupe
Accessories: Splash Guards and Side Molding
MSRP $40,581
Sell Price: 36,600
Trade in Equity: $1500 (09 TL Tech)
Deal Price: $35100
Terms: 36m/15k
Payment: $490/mth tax inc. (6.5% sales tax paid monthly)

My TAKE:

My dad gave me my first laptop back in 2003! I know it doesn’t compare, but I tried. Haahaa. The car looks so much better without that giant “beak”. Your daughters are very lucky girls to have a dad like you. If they disagree just show them the monthly bill. Haahaa. Overall, excellent deal. Trade-in equity covered the drive-off. $1500 dealer cash dropped the sell price below invoice. Pretty much what I highlighted on this August 2011’s Acura post. Can’t wait to see what your other daughter is getting as a replacement to the 2009 Lexus IS250.

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The Wall: Jeff’s 2012 BMW 135i Coupe

Published by G

Name: Jeff
Location: N/A
The RIDE: 2011 Jet Black BMW 135i
The DEAL:

BMW 135i 2012 Jet Black
M Sport
Premium Package
Heated Front Seats
Navigation
MSRP was $46,625
Sale price: $42,500

Monthly payments $466.65 + tax

My TAKE:

Cool Ride Jeff! Looks like someone didn’t want their picture taken. Haahaa. Really surprised your dealer gave you such a hefty discount (almost 9%!) on a 2012 model. I am a bit bummed that BMWFS has chosen to drop the residuals on the 1-series so much, but overall, not a bad lease.

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The Wall: Ashe’s 2011 Infiniti G37x Coupe

Published by G

Name: Ashe
Location: N/A
The RIDE: 2011 Shadow Graphite / Graphite G37x Coupe
The DEAL:

MSRP $44,790
Sale price $40,790

$1800 down covers all fees and first month.
$415 month

36mo/12k miles per year.

My TAKE:

Good deal on a cool ride. Makes me miss my old car. Apparently, you can still get a pretty decent deal on an Infiniti despite the supply shortage. I have never leased the same brand twice, Infiniti might be the first one I would consider going back to. Good job Ashe!

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The Wall: Angel Romero’s 2011 BMW Z4 sDrive30i

Published by G

Name: Angel Romero
Location: GA
The RIDE: 2011 Z4 sDrive30i
The DEAL:

MSRP 50,500
Negotiated 47,700
487.21 a month inc GA tax
24 months, 10k a year, residual 80%, MF 0.00190
nothing down.

The TRADE-IN:

2010 A5 with 22k miles. 21 months into a 36 month lease, paying 878 (48k MSRP, nothing down 15k a month a year):
A5 pay off $36,569
A5 trade in $39,000
Equity: $2,431

My TAKE:

It seems uncharacteristic of Audi to allow a trade-in to a non-Audi dealer at a higher than payoff price. Congratulations on pulling that off. Overall, I would say this is a very good deal since there was no money down and it was a 24 month lease, which are VERY rare nowadays. Good 24-month leases are hard to find these days so congrats on the new ride!

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The Wall: G’s 2011 Hyundai Sonata SE 2.0T

Published by G

Name: G
Location: California
What He’s Got: 2011 Pacific Blue Hyundai Sonata SE 2.0T
The Story:

The decision came down to the 2011 Honda CrossTour or the 2011 Hyundai Sonata Turbo. I was a bit torn because it was a battle between cost (the payments on the CrossTour were about $20 bucks more a month, $364 vs $384) versus practicality. I tried to get Pilot LX 4wd, but they were all sold out. And since the “boss” is a big fan of the Sonata, she pretty much made the final call.

The Deal:

$0 due at signing, $364 per month (with 9.75% tax). The final sale price was $25,893 plus $250 cash (which you have to pay taxes on, so technically only $200). MSRP $28175.  Money factor 0.0056 and residual 58%. The fees breakdown: $425 for dmv, $45 doc fee, $595 bank fee, $25 tax on cash plus other minor local/state fees. No other Hyundai dealer nearby would give me $2k+ below sticker (they wanted MSRP, LOL silly dealers). My preliminary calculations came out to be about $362 per month after taxes, with $0 due at signing. I estimated my drive-off fees to be about $1400. So I was within $2 dollars the dealer’s quote. Not bad considering that fact that I had him add all-weather floor mats which only bumped the payments a couple of bucks. Overall, a decent deal, but not as good as Joe02‘s lease of $311 for the same exact car. Part of the reason mine wasn’t as good was due to three factors: 1) higher sale price. 2) higher money factor. 3) lower residual value. My quoted price was about $50 bucks under the best TrueCar price at the time, but still higher than a few months ago.

Quick Review,  One Month Later…

After one month of driving the Sonata, I am pleasantly surprised as to how good the car is. The city MPG not as good as advertised (getting 19 vs 22), but I am still within my “break-in” period so things should improve down the road.

There are a few annoyances though…

Light steering – This isn’t even noticeable since 90% of my drive is city. Unfortunately, it is very noticeable when you drive through uneven pavement at high speeds, or when it’s windy. Never had that problem with the G-Coupe. Then again, the Coupe was about 400 pounds heavier.

Gas Pump – The gas pump nozzle clicks-off after a few seconds when pumping gas. Very annoying. Gas pumping needs to be done manually and tilted upwards in order to keep the flow continuous. Looks like some warranty work is in order.

Highway MPG as good as advertised. GPS works like a charm. Voice recognition could be better. Plastic paddle-shifters a bit cheap, but does the trick. Seats very comfortable. Solid mid-range power. Spacious trunk.

Final Verdict? It’s no sports car, but it will hold me over for the next three years.

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The Wall: Joe02’s 2011 Hyundai Sonata SE Turbo

Published by G

Name: Joe02
Location: Florida
What He’s Got: 2011 Black Hyundai Sonata SE Turbo
The Story:

Two SE Turbos with Navigation for $311 after taxes, 15k, no first month payment at all! So we only end up having 35 payments.

Read more on this story, here.

My Take: Freaking. Awesome. If I end up getting a Sonata SE Turbo, I hope to replicate your deal on my next lease!

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