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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10309 messages, Last post on Dec 01, 2009 at 8:07 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hello. Can someone give me some insight for this current lease offer that I have received: (i apologize but this is a cross post) This is for a 2008 328xi it was used as a dealer loaner and has approx. 6K miles. the lease term is 36 months, 15K per year monaco blue/tan leather premium package cold weather steptronic auto ipod MSRP: 41,325 Dealer invoice: 38485 (based on wholesale) Offered sale price - 35,325 money factor - .00130 residual - 56% due at signing: 1500 monthly payment - 489 (including 7% sales tax) i have not yet received the details on any additional charges, i know the destination was quoted at 775 though. please let me know your thoughts. thanks in advance |
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Hi, I live in Los Angeles, and I'm looking for a 2008 328i sedan with the following options: Monaco Blue Automatic Premium Package ipod adapter xenon lights (maybe) So far i've received quotes of $36370(includes xenon and ipod) which is $445 below invoice but not the color I wanted (bronze platinum) and $35455 (no xenon or ipod) which is $630 below invoice. Are these the best or should I negotiate and which one do you think is a better option? |
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A reporter from a national newspaper would like to speak with consumers who have been frustrated by some manufacturers’ tendency to place safety related vehicle options into expensive packages. Have you ever wanted to equip a vehicle with specific safety features that required the purchase of an entire package? If so, please respond to jwahl edmunds.com with your daytime contact information no later than Friday, December 12.
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Hi - new to the board. Wondering if anyone can use their knowledge (I don't have much!!) and help me figure out if this lease deal I have been offered by a local dealer in CT is good or whether I should be expecting something cheaper. All help much appreciated!! '09 328 xi Sedan Metallic paint Auto Transmission Xenon headlights ipod integrator fold down seats MSRP - $39,675 Dealer sale price - $38,500 Monthly payment for 36 month lease 12k miles and $3k down payment - $485.20. Is that a good deal?!! Thanks...
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Replying to: scotty100 (Dec 10, 2008 7:18 am) I think you can do better on the selling price, but I need some more information to make an educated decision. Are you paying your sales tax upfront or is it being rolled-into your monthly payment? Can you please provide a break-down of your $3000 down payment? Thanks, Matt eights38 gmail.com
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Replying to: eights38 (Dec 10, 2008 7:41 am) Ok, so this is where I get a little confused and I admit I should have pressed for more details/clarity when the dealer was throwing out numbers at me. But I admit I was kinda sitting there pondering the performance/handling rather than paying close enough attention to the numbers... From the notes I have scribbled down in front of me I have the "Cost of Purchase" as $2274 which will be in addition to the $3000 down payment I am prepared to make. Regards sales tax...hmm...I believe it is part of the final monthly figure of $485.20...does any of that make sense?! Thanks for helping me understand...I'm completely useless in front of a car salesman for some reason!
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Replying to: scotty100 (Dec 10, 2008 8:04 am) What dealer in CT are you working with. I live in the state as well. Keep in mind that there is a $299 doc fee. I've purchased my last several cars in NY to avoid this among other junk charges. The tax in CT is rolled into the monthly payment, it should be reflected in what you received. However, you really need to clarify. Ask for a complete break down of your costs at inception. Also ask for the invoice price, residual value, money factor, etc.
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Replying to: mvs1 (Dec 10, 2008 5:54 pm) Yes, I really did need to clarify and spend some time working it out. Which I did yesterday. Basically the deal I've been offered is: 328xdrive Sale Price: $38,500 Lease Period: 3 yrs 12k miles/yr Monthly Payment: $485.20 Money due at inception: $3k I have asked them to clarify what exactly the money at inception is. The response I got was first month payment, m/v charges & security deposit. That doesn't give me all the info I need as it still seems a little high. I would have thought that all those charges would amount to something around 1880 bucks so not sure where the other 1200 bucks to take it up to $3k is coming from. I asked for a detailed breakdown but so far not forthcoming. I am a little wary of doing this deal and will now shop around having got a lot more insight on the process from this board. Would still appreciate any feedback on this offer. Is it a decent deal? Thanks... |
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Hi CarMan and everyone, First off I would like to thank you all for all of the hard work that is put in to this forum. It has been extremely helpful for researching a new car lease. I am looking at doing a 3 year lease for a 2009 335i Sedan and would like your opinions on the offer I was given below: 2009 BMW 335i Sedan MSRP $49,050 Sale Price $47,650 Sales Tax $0 (BMW will cover sales tax for the month of December) Lease Term 12k miles / 36 months Residual 62% Interest Rate 2.30% Misc fees $725 Acquisition, $130 Doc Fee (There may be another <$100 fee or two I am missing) Monthly Payment $680 per month I would appreciate anyone's opinion on the terms above. Thanks, IChoChoChooseU |
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Replying to: ichochochooseu (Dec 11, 2008 10:44 am) On your deal - do you know what the invoice price is? I'm seeing others getting invoice and I've been quoted $500 over invoice since November. I would expect about a $3500 difference from MSRP, but that's just a guess without knowing the options.Is it possible they buried the sales tax benefit in there? Thanks, ahdanna
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