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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
9069 messages, Last post on Aug 07, 2008 at 8:55 AM
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Why is most post here, folks put money down on lease for? Never put anything down, it's a lease for crying out loud! I got my 335i sedan msrp of about 45k. My monthly was $589.00 which includes tax. 12k miles a year. With due at signing of $987.00. That includes 1st month, license and registration. No security deposit etc.
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Replying to: tcn2k (Apr 01, 2007 9:04 am) Your point regarding a down payment (dp) is well taken. Buying or leasing shouldn't matter. If you have lots of equity in your old car, try to sell it! Don't trade it if you can avoid it. When interest rates are low coupled with the fact that a car is a depreciating asset, it quickly becomes a no brainer that a dp is not very prudent. Remember, a car doesn't need to be driven off the lot to be considered "used"... the instant it's titled, it becomes "used"! Additionally, if you total your car, it's not likely you'll see a return of your down payment. I will never make a dp whether I buy or lease... it doesn't matter. |
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Replying to: redbaron96 (Feb 11, 2007 11:48 am) |
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Replying to: dhanley (Apr 01, 2007 7:06 am) After toiling in all the BMW forums, i finally decided that Leasing is the way to go for me personally. so i have to start educating myself about leasing now.
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Replying to: delta737h (Apr 01, 2007 6:47 am) You WOW'ed me again!!! The idea of a 1 page lease is perfect and your advise of not looking at the monthly payment is a new concept I just learned from you. This is the deal; I have a local BMW dealer that is a client of mine (my company does all their bankcard processing and I am their Relationship Manager), my contact at the dealership referred me to one of the sales manager to "take good care of me" so I believe I can get a little better treatment than in the past when I just walked into the local BMW dealership. Now on another note I was able to be referred to a Lexus dealership by a VIP person at Toyota. I met the sales person and test drove a RX400 which I liked a lot. The MSRP for this car is 48K and he said my "VIP" price would be around 42K, however he also told me that Lexus really does not have really good lease programs as BMW does so that would bring my payment up. I went to carsdirect.com and priced the car it comes up to pretty much the same as my "VIP" pricing. I like the Lexus but I want to keep my monthly payments below $500. Please enlighten me if the Lexus might be a better choice even if my payments will be higher but it will be a better payoff at the end of the lease. Thank you sooooooooo much for now, Izabela
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Replying to: bmwnb (Apr 01, 2007 11:30 am) It is difficult to say whether or not the Lexus would be a better choice as I don't have residuals or lease financing rates as well as acquisition fees, etc to make that judgement. If you can get these data, I'll be in a much better position to crunch the numbers and provide details. If you revisit my post #7560, you'll have a good idea of what I need. Buying from those with whom you have an established business relationship can be tricky and so I try to avoid those situations. Good luck and let me know what you find. Best, John
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Replying to: megaphani (Apr 01, 2007 11:20 am) |
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Replying to: sactokenn (Apr 01, 2007 1:09 am) Yup, all the numbers square. Enjoy your new car! |
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Replying to: realcrapper (Apr 01, 2007 8:52 am) Thanks very much for taking the time to review my lease details! And thanks for the info on the tax refund.. I really appreciate your help.. |
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Hi all: I am helping a friend lease a 07 328 coupe with the premium package in metalic silver. I have learned about multiple security deposits and will do that. I live in Los Angeles. I am looking for a 2 year lease. ANy thoughts or suggestions.
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