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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
9143 messages, Last post on Aug 28, 2008 at 5:43 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| I have the opportunity to get a brand new silver 330 conv. lists at $50695. for 43150. I really want the car, but don't want to regret waiting till spring for the 07. Although I'm not real keen on the idea of the new hardtop convertible.. I like the looks of a convertible top. Any insights or thoughts would be greatly appreciated. | |
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Just leased a 2007 328xi Coupe: Metallic Paint (Montego Blue) Premium Package (Dakota Grey interior, grey poplar trim) Automatic Cold Weather Package SIRIUS radio Cap cost: $42,300 Cap cost reduction: $2,400 24 month, 15k miles per year, 70% residual 0.00100 money factor $493/month (tax included in price) |
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| Ganley BMW in Middleburg Heights, Ohio (near Cleveland) is advertising a $349 a month lease for 28 months with $2500 down and 10K miles/yr. It says that it has automatic, premium package, xenons, heated seats, and premium sound. I'm sure this would be of help to someone so I wanted to pos it. | |
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Hey guys/gals- I have found these forums to be obscenely helpful in the search for my next car. As up to now I've just been a casual observer, I figure I might as well throw my hat into the ring and join the fun! I am looking to lease a new 328i in Southern California. My dealer really keeps pushing the 5-series, saying that the rates are significantly better (which, maybe they are). I can't help but feel that they are being offered additional incentives to push the 5's. I want the following options on a 328i (or xi): Navigation Premium Package Bluetooth Okay, so my question is, is it possible to get into a 328i (or even an xi) lease in SoCal for under $500 bucks per month (including tax, 9%) with 2k down (including all fees, sec deposit, etc)? From reading these postings, it seems like it isn't that unrealistic. I want to get into the car tomorrow, but make sure that I'm making the right decision! Thanks for any and all help! von Rauss |
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| I would prefer 2 year, 15k miles per year, but I would be willing to go to 3 year and 12k if I could get the right price. Do you guys think the 2-year 15k is realistic at all? | |
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Replying to: vonrauss (Nov 25, 2006 6:37 pm) You need to remember that the MSRP and gross cap cost of a well-equipped 5 series will be a lot higher than that of a well-equipped 3 series. So, the lower MF on the 5s is balanced out by its higher MSRP and cap cost. If you are only putting out $2000 *total*, you need to remember that the acquisition fee ($625-825), first month's payment, and security deposit (a month's payment, rounded up to the nearest $50 increment) will account for the majority of that 2k, with the rest for plates/registration. This basically means putting no cap cost reduction on the car. Taking that into account along with the high tax rates in CA, I would be surprised if you could construct a lease for under $500 a month, tax included. If you read my previous post (a few posts back), I was able to get a 328xi coupe lease here in Boston for $493 a month with around $4000 down (cap cost reduction, sec. deposit, first month, registration, etc). I would look at getting a lease calculator, figuring out exactly what model you want, its money factor, MSRP with all options, residual, and estimated gross cap cost, and using those along with the length of the lease and your local tax rate to see how getting a sub-$500 payment might work.
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Replying to: tennberg (Nov 26, 2006 12:50 am) Thanks again! |
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I have an offer of 40,500 for 2007 328i with: Black Sapphire Metallic Premium Package Sports Package Automatic Trans Heated Front Seats MSRP was 42395.00 Can anyone give me an idea if this is a good price for S.C.? Thanks!
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Replying to: tennberg (Nov 26, 2006 12:50 am) $2k total down (1k for downpayment, the rest to cover fees) 3 yr, 12 k miles per year MF: .0019 Residual: 70% Monthly lease payment, including tax: $517 per month Deal or no deal?
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Replying to: vonrauss (Nov 26, 2006 5:37 pm) Deal information: Sale price : $45365 DownPayment : $1800 Term & Mileasge : 36, 15000. Monthly payment : $670 after taxes, Residueal 61%, Money Factor : 1.9000 Residual value : $28910. 1) Please advice whether this is a good deal since I dont have experience in leasing dont know nitty grites behind it. 2) Is it possible to get around $550 monthly payment with better buy out option. 3) Would it be recommended to lease this 335i Vs buying keep the cost. May be at the end of the term if things goes well, I may buy it, right now, it appears to big of $ to go after buying it. 4) Please provide me your expert opinions, seriously looking to get it very soon. Thanks, VR |
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