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BMW 3-Series Prices Paid and Buying Experience

10320 messages, Last post on Dec 07, 2009 at 12:38 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: tendres (Apr 21, 2006 6:34 pm) Forgot to ask how and where you're getting 2.9% financing....
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I bought a 330i in 2001, paid for half in cash. In 2003, I sold the car to a dealer, pulled $10k cash out of the car, and rolled $4500 into a 3yr lease for an identical version of the car. (Sport/Premium, Leather, Blk/Blk, Auto, Xenon, HK sound) Now - in 2 months, my lease for this car is up. My car "blue books" for about $33k retail, $28,250 private, and $25,400 trade-in value. I currently owe $24,700 after the payment I make in 3 days. Here's the dilemma. I am paying $465 monthly and I do not want my payment to go up, but I only have $1,000 cash to spend on a lease. (instead of $4,500 that I rolled into it last time) I am willing to leave the premium package off of the next 330i that I get, which will save me $2,200 retail. Without the dealership GIVING ME MONEY for the lease that I am turning into them on June 28th, I don't think that there is any way that I can get the deal I want. How does one go about negotiating some kind of value out of a car that they have to release in 2 months anyway?? Should I just sell it? I'd dump it for $27,500 if I knew I could find a buyer quickly, but I don't know how easy that would be and if it's worth it anyways. Any ideas here? Thank you!
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Replying to: paultxrn (Apr 22, 2006 7:26 am) First off it would be cheaper to lease out the 330i b/c of the difference in money factors. Second I Just picked up my 330xi which was equipped as follows: premium cold weather auto navigation My MSRP was about $45500 and my lease deal is this: 560/month for 27 months. 15k, no money down, taxes in the payment(8.625%). Just first month and bank fee up front. I think you are getting a terrible deal. for the 36 month leases the 330i has a lower mf and hgiher residual than the 325 and it comes with more equipment. Go with that.
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Replying to: daveyboy (Apr 23, 2006 4:31 am)
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Replying to: evoic (Apr 22, 2006 4:29 pm) If you put $4500 down to get a $465/mo. payment three years ago, it seems doubtful you could get the same payment with only $1000 down in 2006. That works out to about $100/mo. less.. I don't think cars are getting any cheaper, and there really aren't any extra lease incentives on the 3-series right now.. regards, kyfdx Host-Prices Paid Forums
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Replying to: jvpr (Apr 23, 2006 4:56 am) |
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Replying to: jvpr (Apr 23, 2006 4:56 am) |
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Replying to: daveyboy (Apr 23, 2006 4:31 am) |
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Replying to: paultxrn (Apr 23, 2006 8:36 am) |
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Replying to: kyfdx (Apr 23, 2006 7:43 am) |
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