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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

What is this discussion about? BMW 3 Series, Sedan, Wagon


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#7121 of 10323
Re: just got a lease [bmwpanic] by bmwpanic
Jan 20, 2007 (10:16 am)
Reply

Replying to: bmwpanic (Jan 12, 2007 6:39 pm)

ok good news!
 
After posting my lease deal on here several people said it was bad. A competitive dealer offered me a much lower price and my current dealer matched it. Reserving a car with some cash locks the car for you but doesnt neccesarilly lock the terms so in the end:
 
328i w/ automatic, heated and power seats. everything else standard.
MSRP:$35865
Term:36 month lease
Mileage: 12k/year
MF=.00190
Down Payment: $2,500
Monthly Payment: $399 per month including 6% tax and aq fee
  
good luck!
#7122 of 10323
Re: just got a lease [bmwpanic] by petexiao
Jan 22, 2007 (10:43 pm)
Reply

Replying to: bmwpanic (Jan 20, 2007 10:16 am)

I got a similar basic model 328i with only metalic paint.
 
MSRP 34845
Negotiated price 33857
Acq fee 625
Capital cost 34482
MF 0.0019
Res factor 61%(15k miles/year)
Security Deposit 500
Mthly payment 500 after 7.75% tax
 
Is this reasonable?
Thanks and any comments will be appreciated.
#7123 of 10323
Re: New to Washingon DC area [yank23ees] by brifromdc
Jan 23, 2007 (9:37 am)
Reply

Replying to: yank23ees (Oct 08, 2002 2:33 pm)

Fairfax BMW in Merrifield, VA just finsihed construction on a huge new service center. I'd check them out.
#7124 of 10323
DC Area Lease Cost on 328i by brifromdc
Jan 23, 2007 (9:40 am)
Reply
Hi - getting ready to start negotiating for a 2007 328i. Can anyone share some quotes or prices paid for that car. Also, let me know what dealer you used - Fairfax, Passport or VOB. Thanks
#7125 of 10323
LeaseWise or similar fee services by brifromdc
Jan 23, 2007 (9:46 am)
Reply
I read an article on LeaseWise recently - for $330 they get you 5 lease bids from local dealers. Has anyone had experience with this group or another similar type of service? They say it is much better than the free quotes you can get. Thanks
#7126 of 10323
Re: just got a lease [petexiao] by misterep
Jan 23, 2007 (11:02 am)
Reply

Replying to: petexiao (Jan 22, 2007 10:43 pm)

You should be in the $450 range
#7127 of 10323
Re: just got a lease [misterep] by petexiao
Jan 23, 2007 (11:24 am)
Reply

Replying to: misterep (Jan 23, 2007 11:02 am)

Thanks. But how to get another 50 bucks off?
Which value above is not correct?
Dealer also mentioned extra 6 security deposit which can
bring down MF by 0.00007*6 = 0.00042 and decrease
monthly payment by around 23 bucks.
Do you mean this?
 
Please comment and I really appreciate it.
#7128 of 10323
Re: just got a lease [petexiao] by misterep
Jan 23, 2007 (2:03 pm)
Reply

Replying to: petexiao (Jan 23, 2007 11:24 am)

You need to improve your negotiated price to 32,600...that would be about 40 bucks there.
 
Good luck....
#7129 of 10323
Re: Helpful hints for leasing (corrected) [jkstone] by Andyboy1974
Jan 23, 2007 (4:54 pm)
Reply

Replying to: jkstone (Jan 13, 2007 5:41 pm)

This is an excellent post and I have learned a lot from it. BUT THERE IS ONE MAJOR PROBLEM (that I had).
 
I went to a dealer in South Florida today to lease a 2007 328i Sports Wagon with Premium Package, Premium Sound and Xenon headlights in Dark Green Metallic, with manual transmission, terra leather and dark burlwood trim. I offered $800 over European Delivery (ED) Invoice, which the dealer was glad to accept. My offer was for $36,050 with the options mentioned above, which includes the destination charge and "training fee." I was not going to capitalize the bank fee or sales taxes, which are $625 and 6.5%, respectively, in my area.
 
When it came to the finance guy, though, I offered to "buy down" the lease with 7-times the security deposit to get the ultra-low Money Factor of .00061, and they thought I was insane. They wouldn't even do the "special lease" MF of .0011 mentioned in the post I am replying to.
 
The "rack rate" MF on this model from BMW Finance on a 36-month lease at 15K miles/yr. is .00225 with a 60% Residual Value ont the ED MSRP of $38,305. With the "buy down" of 7 times the base security deposit, they agreed to a MF of .00176. All said, the deal was at approximately $498 a month. I think this included sales tax, but I am not sure because I wasn't able to leave the dealership with the quote.
 
I walked out of the dealership and was disappointed that I couldn't get the .00061 MF, so I am looking to work with a dealer that can do ED and perhaps get a better lease MF than what I was offered today.
 
PLEASE CONTACT ME or post here if you know any dealers that can do this European Delivery at a better rate. I would really appreciate any help or feedback!
#7130 of 10323
Re: Helpful hints for leasing (corrected) [boetsch1] by kyfdx HOST
Jan 23, 2007 (5:01 pm)
Reply

Replying to: Andyboy1974 (Jan 23, 2007 4:54 pm)

The 328XiT and 328iT both have a base money factor of .00225..
 
The only 3-series that has money factors near .0011 are the coupes... 328Xi coupe is .0010, and the 328i coupe is .00125
 
As you can see, the lease program on the wagons isn't all that strong... just average..
 
regards,
kyfdx

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