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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10316 messages, Last post on Dec 05, 2009 at 12:11 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jtla (Feb 10, 2007 8:00 pm) Thanks very much for your help! |
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Replying to: bubulik (Feb 11, 2007 8:43 pm) The bad news? This isn't a very good lease deal. A discount of $1047 from the MSRP might be a decent deal on a car that only has a spread of around $2300 between MSRP and invoice... but, then they are jacking up every other number. If they would use the base MF of .0017 w/o security deposit, the payment would drop to $358/mo. and $365/mo. respectively. I would be able to live with that scenario.. Some other points... 1) Don't be fooled into thinking that the 24 month lease is almost the same price as the 36 month lease... You are amortizing that large cap cost reduction over fewer months.. The actual difference in price is about $60/mo, once you figure in all of the costs. 2) Take $400 of your cap cost reduction, and make the security deposit. While this will make your payment go up slightly, you will get the $400 back at the end of the lease, and will save money overall. Ideally, you wouldn't make a cap cost reduction, at all... but, assuming that is what you want to do, it should look like this (for a fair deal). 34870 MSRP 33823 Selling price 32273 CAP cost (selling price + $825 acq.fee - $2375 cap cost reduction) *giving them extra $200 on acq.fee-using $400 for security deposit* 3yr/30K lease 64% residual .00155 base money factor w/security deposit. Payment = $361/mo.+ tax = $394/mo.including tax Due at signing: The same $3650, but with $400 security deposit being returned at lease end. Hope this helps, kyfdx
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Replying to: kyfdx (Feb 12, 2007 9:19 am) Couple of questions: 1. You mentioned a discount of $1047 from the MSRP might be a decent deal; from yr research what is the avg discount off MSRP across the country? 2. You also mentioned ideally I would not mk a cost cap reduction. How much wud I save if I didnt have a cost cap reduction but pay a higher monthly? Do you think this is a better way to a lease? 3. For a 24 mo/12k lease, how much residual should I consider in my calc? Thx again for all yr help. |
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Hi I just got a quote from an internet dealer in SoCal. 2007 328i Coupe; Pleatherette; 15K mi; 36 mths; Sports ($1000), Powerseats w/ Driver Memory ($995), BMW Assist ($750), Automatic; Destination fee ($695) MSRP: $40,490 Invoice: $37,870 Selling Price: $38,870 Net Cap: $35,851.76 Drive off: $5000 Tax: 8.25% Monthly lease: $466.86 including tax. What do you think? Can I do better? Thanks. |
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Sorry I just copied over from what the have sent me but reading this forum this sounds really high. what am i missing and what can i negotiate with. Location So Cal. Here are the rates you requested: 2007 BMW 335 i (M6) 2dr RWD Coupe Price: $ 47,820.00 Exterior Color: Jet Black Interior Color: Saddle Brown/Black VEHICLE DETAILS Engine: 3.0L DOHC 6-Cylinder Turbocharged STD Radio: Anti-Theft AM/FM Stereo CD/MP3 Player STD Monotone Paint Application STD Transmission: 6-Speed STEPTRONIC Automatic $1210 Sport Package $910 Premium Package $2230 Comfort Access Keyless Entry $455 On-Board Navigation System w/iDrive $1910 LEASE ------------------------------------------- Bank BMW Financial Term 36 Months Miles Per Year 12,000 Miles Drive Off Amount $2,100 Payable To BMW Monthly Payment $714.93 (tax included, $663.51 pre-tax) Residual Rate 60% Residual Amount $29,172.00 At 15,000 miles, the payment goes up to $742.88 with tax. |
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Pretty loaded 328xi MSRP 48590 Sell 47590 2500 drive off 20K mi 24 mo lease 753 per month money factor= 3.5% Deal or no ? Money factor seems high to me... |
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Greetings, great forum. My local dealer has 4 left over 2006 M3 convertibles. I was wondering if you were aware of any incentives and/or special lease rates to clear these out. I remember reading in December there were some really good leases on left over convertibles. Now its two months later, the cars are still on the lot and the 2007 retractable hard tops are almost here, so I am hoping there will be a combination of large discounts off of MSRP and an attractive lease program on the left over 2006s. Maybe wishful thinking, but I was hoping it may be a chance to get an M3 for the price of a regular 3 series. Any thoughts, insights would be appreciated. Rich
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Replying to: rich644 (Feb 13, 2007 2:40 pm) Where are you? I might be interested in one of those. thx 
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Replying to: smithsonga (Feb 13, 2007 4:15 pm)
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All, Just received this initial quote on a 335i lease. Can one of the lease gurus here comment? The MF looks high to me. Thanks. MSRP 46790 Selling Price 44495 Down Payment 2500 Residual 29477 Term 36mo/15k yr Money Facor 0.0019 First pymt 562.04 Sec Deposit 600.00 Out of pocket 3662.04 Also, I'm in VA so sales tax is about 3%.
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