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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
8951 messages, Last post on Jul 06, 2008 at 12:19 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jkstone (Jan 13, 2007 6:41 pm) 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!
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Replying to: Andyboy1974 (Jan 23, 2007 5:54 pm) 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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Replying to: misterep (Jan 23, 2007 3:03 pm) >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 It's not end of the season clearance. Can you really get the price down to 32,600??? Here's what I am being offered on a 328Xi Auto w/ Metallic Paint, can someone tell me if I should strike the deal? MSRP 36745 Negotiated price 35150 Acq fee 625 Money Down 2500 Capital cost (after down) 33275 MF 0.0017 Res factor 61%(15k miles/year) Security Deposit 400 before tax Mthly payment 400 before tax Or MSRP 36745 Negotiated price 35150 Acq fee 625 Capital cost 35775 MF 0.0018 Res factor 61%(15k miles/year) No Down Security Deposit 475 before tax Mthly payment 475 before tax I am living in new york city. Should I go for Down or No Down? Or neither above? Thanks.
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Replying to: geezcar (Jan 23, 2007 11:04 pm) |
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Please kindly help on this leasing offer 2007 335i sedan with MSRP $42800, 24 months, 12k mi per year Down payment: $3000 Monthly Payment: $518 Is it a good deal?
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Replying to: geezcar (Jan 23, 2007 11:04 pm) My sources say the base rate for the 328Xi sedan is .0019, either way.. Everything being equal, I would not put the $2500 upfront.. regards, kyfdx
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Replying to: tom335 (Jan 24, 2007 3:46 am) From my calculation. Based on MSRP $42800, 24M/12K. If you get a fair price at $41700 with: Down = 3K Residual Value = 70% MF = 0.00175 Your payment should be around $484 before tax. Or $513 after 6% tax. Comments anyone else? |
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Replying to: kyfdx (Jan 24, 2007 5:38 am) I calculated the 0.0017 and 0.0018 based on the monthly payment with my negotiated price and MSRP. It could be 0.0019 but it doesn't make a big different here or there. So based on the offer, what do you think about my deal? Anyone else? |
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Hi All, I was wondering if you can help me. I am looking at an 2007 BMW 328Xi. THE MSRP is $42,416. I have requested the: 1) Premium package 2) On board Navigation system 3) 6 Speed Automatic Transmition 4) Heated front Seats 5) Metallic paint I am putting ZERO down, paying the taxes up front $1600 plus the bank fee $625, MV fees$235, Doc fee $249 and first months payment. It will be 15,000 miles per year for 36 months. The price is $530 per month. Can I do better than this? It sounds like alot of money per month. Please advise
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Replying to: geezcar (Jan 24, 2007 8:50 am) |
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