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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10322 messages, Last post on Dec 08, 2009 at 6:56 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: janoo (Jan 24, 2007 8:08 am) MSRP: 42416 Deposit: 500 RV%=61% MF=0.0019 Assume Tax%=0.775 Then Net CAP Cost would be 41016 Base on this calculation, I got approximately $532/mon. Am I calculating it right? I think it's average. Maybe you can get the dealer to knock down another $10 a month.
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Replying to: brifromdc (Jan 23, 2007 9:40 am)  yahoo.com and I'll be happy to give you the name of the guy I deal with at Passport. Highly recommend him, but I think that forum rules prevent me from publicizing his name.
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Replying to: geezcar (Jan 24, 2007 10:38 am) 1) Premium package 2) On board Navigation system 3) 6 Speed Automatic Transmition 4) Heated front Seats 5) Metallic paint MSRP 42,500. 15,000 miles p/a for 36 months.
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Well this was a first time lease experience for me, and I must admit I think I could have a read a little more before going in (i.e. the MF), but let me know if you guys think this was fair or not so I can learn for next time - 2007 328i sedan w/ Premium Package 12,000 miles, 27mth lease MSRP 37,600 Residual - 73% (~$28k) I didn't want to put "extra" money "down" on it so I only put for 1st month and license fees - $1,100, $179.98 of which they put towards cap. cost reduction MF - 0.0019 Payment no tax - $520.02, w/tax - $560.32 Looking forward to the feedback. I love these forums!
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My current lease expires 3/31/07. The BMW sale manager said I should lock in now to take advantage of the higher residual I'll get now vs. March. He said it will take 6-8 weeks to track down the exact car I want. I can start my new lease in the last week of March. Does this approach make sense or should I wait until March to negotiate and lock in? Thanks
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Replying to: brifromdc (Jan 24, 2007 5:20 pm) No cost to the dealer to do this, but make sure they agree to it, upfront.. |
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Replying to: jtla (Jan 24, 2007 9:24 am)
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Replying to: tom335 (Jan 24, 2007 9:16 pm) After subtracting one-month security deposit, 1st month payment, and DMV fees from your $3,000 out-the-door price, there is probably $1,500 left to apply to cap cost reduction. Using .0015 MF, 73% residual, and factor in $625 acquisition fee, a selling price of approx. $41,300 will get you the $518 monthly payment. So, it looks like you are getting about $1,500 off MSRP, which is not bad, IMHO. As you can see, we are doing it backward. In fact, you should negotiate the selling price first, then plug the numbers into a lease calculator to get the payment amount. Good luck. |
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Replying to: bellyncr4 (Jan 24, 2007 3:49 pm)
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Replying to: jtla (Jan 24, 2007 11:23 pm) My question is do any of you think it's possible to get a base 2007 coupe or sedan (w/auto) for the December lease special of $349/$329 respectively? I believe I missed out on the boat of good deals, but would like to know if a deal in this range is still possible? I've had my current 325i for 2 years, but love the new coupes....thanks for any input in advance! |
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