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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10323 messages, Last post on Dec 08, 2009 at 7:30 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: badbref (Jul 14, 2006 10:07 pm) |
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In one of these threads, I think you said you had a lease which worked out to like $5700 a year or something like that? What was the actual figure? Was that for 15k miles and included all the taxes (over the life of the lease), driveaway costs, disposition fees, acquisition fees, etc.? |
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hi folks. I am pretty close to leasing a base model BMW 325i, without sports or premium package. I would appreciate the help. I know a lot about prices of cars and purchasing them, but am a bit new to leasing. By Edmunds' calcuations, a new 2006 w/0 packages would mean MSRP $31,595 and invoice $28,995. I have seen this lease posted on BMW's website: Vehicles registered outside of N.Y. $399 First month's payment $2,500 Down payment $400 Security deposit $3,299 Cash due at signing. I am located in North Carolina. Is that about as good of a deal as one is going to be able to get, or are there better ones out there? Any recommendations on particular dealerships? many thanks. |
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Hi all, I live in eastern MA and I am interested in a imola red 04 e46 330i with performance package (ZHP), steptronic, and xenons. Dealer quoted me 20500 plus trade (02 jetta 1.8T with 35k miles, the trade-in value is about the same as private party sales price). You guys think I still have wiggle room on the price, considering it lacks the cold weather package here in NE? The sales rep worked on the amount they are willing to give me on my trade rather than working on lowering the price. Just want to know if it's a fair deal and if the dealer's sales tactic is common. thanks!!
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Has anybody shopped or bought a 2006 325i in the Dallas Ft. Worth area recently? Reading posts from a few months ago, it appears that it's difficult to get more than $500 to $1000 of MSRP. I'm looking for a base model or possibly with Nav option. Apparently there are only about four BMW dealers in the area. Any recommendations or shared experiences would be appreciated. Thanks! |
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I am looking to lease a 330i. Got a quote from a dealer, that I think is a bad one, and wanted to get some guidance on rates. I was quoted for a 330i with a few options $2,000 over total invoice, or approximately 40,000. I think this is too high - I believe that $1,000 over invoice price for the car and options is more reasonable. The dealer would not show me his lease calculations, but doing it on my own, he seems way to high. Total cost - $40,000 (I would pay fees up front) Lease term: 36 months Residual value: 58% (using 15K miles per year) Money Factor: 0.0025 Sales Tax: 7% Even with these numbers (which I think are aggressive), I come out to $620, but the dealer kept quoting me $720. Any guidance on what I should expect for the MF and Residual Value on a 36/15K lease? Do you agree that $2,000 over invoice is a bit much? Thanks!
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Replying to: argen4444 (Jul 18, 2006 4:46 am) For the 330i, the BMW Money Factor is .00195, not .00250. Your dealer is marking this way up. Also, the residual for the 330i for 15k miles per year is 62%, not 58%. $1000 over invoice was what I got, other have got a bit less too. In addition, you should go the Multiple Security Deposit way, you can pay 7 additional deposits (refunded at the end of the lease term). Each deposit is equivalent to a monthly payment (rounded off to the next 50). For exmaple if your monthly payment works out to be 515, each deposit will be $550. Each additional deposit will lower the money factor by .0007, so 7 additional will lower it by .00049, bringing your MF to .00146. This should help you bring the payment doen substantially, if you have access to approx $5k for the deposits. If not, even then you should get a better lease payment with the .00195 MF, 62% residual and aprox $1k over invoice. Also, my advice would be to add tax to your monthly payment and not pay it up front, as in case your car is totalled, you will lose all the tax payments. You mention 7% tax, that makes me think you are in NJ. If yes, let me know as I am also in NJ and got a pymt of $525 pm for a 330i with prem, sport, heated seats, rear sunshade (~$1k over invoice)
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Replying to: 03accordman (Jul 18, 2006 1:05 pm) What was the MSRP and the selling price? What was the driveoff?
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Replying to: wco81 (Jul 18, 2006 2:14 pm) The inovice was 38,800, selling price was 39,800 (I think MSRP was around 43.5k, don't remember exactly). Car is 330i, prem pkg, sport pkg, metallic paint, heated seats, rear sunshade. Drive off is 6k (4400 sec deposit, 527 1st monthly pymt, 625 acq fee and reg fee etc.) |
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