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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10319 messages, Last post on Dec 07, 2009 at 12:34 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kyfdx (May 09, 2007 7:28 am) 
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Is there a basic primer regarding the terms that are thrown around like "money factor", etc. In the one or two times I talked to brokers about leasing, my impression was that you did NOT negotiate price--the sticker price was the price. Am I wrong? Also, I am usually in the position where I have a decent amount to put down to keep the monthly payments low. With leasing, my impression is that you want to put down as little as possible so the monthly payments end up more than I would end up with by purchase. I put on only about 5000 miles a year on my car (more or less) so from that point of view, leasing could be an option. But I also understand that you cannot do much to the car to "personalize" or tune--is that not the case? Finally, as I mentioned, I tend to keep cars 5+ years which apparently argues against leasing for me.
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Replying to: circlew (May 09, 2007 8:03 am)
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Replying to: JingleJill (May 09, 2007 9:07 am) I agree and appreciate your feedback and I know some purchase as a status symbol. For me, the status is nice but the driving experience really is the key. As you noted, you need to do your due diligence financially when you go to market! This board is invaluable and there are many here that are very knowledgable to help anyone get the best deal leasing or buying. Regards, OW |
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Replying to: dougsilver (May 09, 2007 8:19 am) Also, you are correct... put down as little as possible on a lease.. You are paying for a certain amount of use on a lease... a time period, but also a certain number of miles.. If this doesn't match up to your use, whether you drive a lot more.. or a lot less, then leasing may not be for you. Here is a link to the leasing articles on Edmunds. regards, kyfdx |
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Has anyone received any good deals on the new 335i coupes through dealers in and around LA? Almost every dealer I talked to was unwilling to budge from MSRP. I understand the high demand for the coupe and the short supply but there have to be deals out there. Or maybe now is just not a good time to buy. Perhaps prices will start to drop toward the end of the summer, into fall and thanksgiving? 
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Replying to: losangelino (May 09, 2007 11:40 pm) |
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Replying to: forumtemp (May 05, 2007 11:28 pm) |
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I went to check out the new 3 series convertible... what a bummer! My initial bummer is that it only comes with run flat tires and no spare. Seeing that we take tons of trip far form the city, this will not do. (i've had bad experiences my my girlfriend's car). Also, no trunk space, but that was somewhat expected. Finally, I have the old convertible and this new version has no back seats! Perhaps it was built for a different market. For a tall guy like me (I'm 6"3) means it's now a 3-seater. Other than that, i was impressed by how quickly the top retracted and of course the car looks good... but those damn RFTs will keep me away from the purchase. (No need to comment back that i can switch the rims and get a donut in the trunk - i checked and the trunk is not big enough) |
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Replying to: pepperjack (Apr 30, 2007 9:56 am) 328i; 3 yr; 36,000 miles; options: sprt pkg, nice flr mats MSRP: 34,775 Adj Cap Cost: 34,000 MF: 0.00091 Sec Dep: $3600 Res: 63% The MSRP is the only part of the deal I am not completely satisfied with. It does not take into account the floor mats, with MSRP of $120. This is because the dealer is, "Throwing them in for free." Basically, by leaving them off, the residual value is lowered and I will pay $80 more over the term of my lease. I am torn how to react to this. On the one hand, I suppose I could just keep the mats at the end of the lease, and either sell them on e-bay or use them in my next BMW. On the other hand, I could get back about $75 at the end of my lease by purchasing the BMW at the lower residual value. Any thoughts on that? In any event, I am very pleased. On or about 26 April 2007, I made offers to 6 dealers, giving them 12 weeks to get the BMW I wanted. The one I chose to work with is delivering my BMW to my front door on Monday - less than 3 weeks from the date of my first offer - and beat the nearest offer by $770.00 (and that takes into account the $150 delivery and $80 floor mat issues). I will post an update after Monday. In the meantime, please let me reiterate my appreciation to all those who have helped me with this process. -PJ
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