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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10312 messages, Last post on Dec 04, 2009 at 11:47 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
I just started looking at this forum. Some great info. here. I have leased 2 BMW's, a 99' 325 Convertible, and a '03 330 Sedan. Both 30 month, 30K miles. Good experience with both.....but when I went to get a 335i Convertible, MSRP  $55,075, I was blind sighted. A 36 month, $2500 down, perfect credit, and 12,000 mi./yr. the lease payment was a whopping $1069.00/mo. You got to be kidding me. I guess if I want one bad enough, I would purchase it. The dealer was rather embarrassed by the figures as well, but he said due to demand, this is what it will cost. An equal 335i coupe deal is maybe $550-$600?? I'm not up on all the facts and money factors, etc. but the bottom line is this lease is ridiculous.
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Replying to: luckyme1 (Apr 12, 2007 9:22 am) Next fall, lease prices will probably be 15-20% lower... Still not cheap, but better.. You probably got good deals on your previous cars... '99 was the last year for that model convertible.. '03 was the 5th model year for that sedan... Lease deals were plentiful... |
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328i MSRP $38,850 Cap cost $38,850 Int rate 4.32 12k miles per yr Payment $582 including tax Residual 64% Out the door $1725 Thoughts and advice appreciated.
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Hi All, does anyone know what are the Money Factor and Residuals for April 2007 on BWM 328xi - 36 month lease? I heard from the dealer that it is: - MF 0.00021 - Residual 61% Is it true? Thank you!
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Replying to: ikoln (Apr 12, 2007 2:24 pm) |
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Replying to: obrientwo (Apr 12, 2007 12:33 pm) some good deals I have read in these post came from: BMW of Long Beach, Savage, BMW of Plam Springs. Also goto http://www.leaseguide.com/calc.htm and plug in your numbers, I don't see how they add up. I delt with BMW of Palm Springs and his numbers were the only ones that I could match up to the penny, others were off by 20/mth to 100/mth. Also he gave me the true invoice + 500. Also check out this thread. http://www.bimmerfest.com/forums/showthread.php?t=146090
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Replying to: wrobbins8047 (Apr 12, 2007 3:29 pm)
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Replying to: rebirth24 (Apr 12, 2007 3:44 pm) peninsulite.com
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Hi, I've been drooling over the 335i coupe since its been released and have finally decided that life's too short without the car that you want. I've been reading the forums on and off and am trying to devise a plan to keep my monthly payments around $500/mo. I've already run senarios on the lease calculator and there are still some variables I'm unsure about and was hoping for some concerte answers from someone. Here are the specifics. -Calculated msrp: 48550 (premium, sport, nav, heated seats, power rear sunshade, manual trans, metallic paint) -Desired Lease length: 3yr 15k miles -If I assume I can get the car out the door after tax for the MSRP price, how much would that make my Cap Cost (tax 8.75% Bay Area, CA tax)? I calculated approx. 45000 (which is the invoice price). Is this a realistic price? -Second question: Since I live in N. Cali, can I make multiple security deposits (7, 8, max)? I am also willing to make a down payment. I'm just not sure how many security deposits I can and need to make and how much if any I need to down to achieve the $500 goal. Any advice or suggestions would be greatly appreciated. Thanks! |
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Hi Everyone, I am preparing to make my first offer on a 328i, and I prepared the following based on info I found in this Forum, as well as BMWUSA.com, Edmunds, LeaseGuide.com, and Bimmerfest. Any and all feedback is much appreciated! BMW 328i - jet black sedan w/ $775 Destination Charge Options: Sports Package, Steptronic MSRP: $36,050 (Edmunds) Invoice: $33,250 (Edmunds) Base Cap Cost Offer: $33,750 (Invoice + $500) Acq. Fee: $625 Doc., Title, and Reg. Fees: $500 (I am hoping this is a high estimate.) Disposition Fee: $350 Down Payment: $0 Adjusted Cap Cost Offer: $35,225 Lease Factors Term: 36 mo. Mile: 12k/yr Money Factor: 0.0014 Residual: 63% State Sales Tax: 9% (Louisiana) Monthly Payment: $467.28 ($428.70 + $38.58 tax, via LeaseGuide.com; 1st payment due at lease inception.) MISCELLANEOUS MSDs: I have spoken w/ 1 dealer, and he told me they no longer allow Multiple Security Deposits for reduction of the Money Factor. Security Deposit: I am allowing for a $350-$400 deposit due at lease inception, to be refunded at lease-end. (This aspect of the lease is not a major concern for me.) Income Tax Deductions: It is my understanding that Art. 162 of the Fed Tax Code allows an above the line deduction for the % of auto-lease-payments (excluding sales tax thereon) allocable to "ordinary & necessary" business expenses (and that the same rule applies for gas). Inasmuch as I would be using my 328i about 75%-80% for daily travel to and from work, and other work-related travel, over the term of my lease I could deduct up to $28,180 of my $35,225 adjusted cap cost. Assuming those deductions are applied to income taxed at a low, fictional rate of 22.5%, that allows for a tax credit equivalent of $6,340.50 - giving me an effective adjusted cap cost of $28,884.50. MORE MISCELLANEOUS Insurance: My auto insurance will go up about $200/yr with the 328i. Car Alarm: Does BMW offer an alarm on the 328i? I have not seen alarms listed as either standard or optional. Steptronic vs. Manual: Automatic transmissions have always irritated me - but the BMW I test drove had one, and it was pretty tight. I am only about 90% sure I want the Steptronic, so if anyone has a horror story, please share. Leatherette vs. Leather: I could not tell a difference. Jet Black vs. Metallic-Saphire Black: I could not tell a difference. Thanks in advance for any and all feedback and assistance. I'm pretty psyched about all this.
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