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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3223 messages, Last post on Dec 07, 2009 at 12:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kyfdx (Sep 15, 2005 5:55 am) thanks for getting back to me so quickly. I will work on the Residual numbers and figure out what is going on. I am interested in your statement about demos not being a good buy. Are new BMW 330i's selling for anywhere near invoice price?...ie. a 42070 Msrp selling for 38250. The dealer stated that they only give 1000 off sticker! Is that a ploy? I didnt think people got large discounts (invoice pricing) on luxury vehicles...is this a misconception. does leasing they car instead of buying affect the negotiated price? Should the resuidual be calculated on the negotiated price or the MSRP? BMW dealer in dayton ohio stated that the residual is based on the MSRP while my lease payments are based the negotiated price. That does not seem right to me. Thanks kyfdx!
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Replying to: moneyb24 (Sep 15, 2005 6:06 am) 2) Residual is always based upon MSRP... because, the price you negotiate has no actual effect on what the car will be worth at lease end.. If you pay $1000 less than the next guy for the same car, they are still worth exactly the same, three years from now. 3) Your payments are based on the negotiated price.. which should be the same, whether you lease or buy.. (There are exceptions to this, when incentives are in place, but not in this case). If you are leasing with the intent of buying, then the residual is not as important... But, in a straight lease deal, you don't want the residual to go down along with the negotiated price.. that would end up costing you more.. High residuals = low lease payments.. If your intention is to purchase this car, I'd suggest shopping for the cheapest financing you can find, and just go ahead and buy it... You'll save acquisition fees, and your financing may be cheaper than the current money factor.. regards, kyfdx Host-Prices Paid Forums
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Replying to: kyfdx (Sep 15, 2005 6:14 am) One last question...Is it feasible to get 500-1000 over invoice price on a new, not demo, 330i with MSRP of 42,070? BMW dealers seem stuck on this "700-1000 off MSRP is the best deal you can get on these cars"? If i can get a good deal (eg. 38750 on a 42070 vehicle) on a new vs. a demo I would rather get that one. I have sent out emails requesting 2 dealers to beat the lease rate on demo on two new 330is with the same options. I guess i will see how low they will go. Again, Thank you very much kyfdx, Cheers.
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Replying to: moneyb24 (Sep 15, 2005 6:52 am) If you cast a very, very wide net, you may get $1500 over invoice... but, I wouldn't bet on it.. regards, kyfdx Host-Prices Paid Forums |
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Can anyone tell me what the estimated price range for a paint job on a rear bumper for small scratches would be? The lady came back to me with a Original Estimate of $2,000 dollars for a whole new bumper but then said she talked them into just repairing the scratches for $881.54. Does that price sound right? Ive heard of paints jobs on bumpers going between 200-600 dollars. Not sure If they are trying to take me for a ride.
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| Hello, can someone give me an idea of what the BMW 3series Sept lease program is like for a 325i/36month lease/15Kper yr. Can you also give me what would be a good montly payment for this vehicle. The only options I want are the steptronic trans, heated seats, and the rear parking distance control. Thanks a million. | |
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Replying to: cespinoza (Sep 15, 2005 3:14 pm) |
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There is currently a $294/ mth special on the 325 i w/ 3500 down (12,000 mi and 24 mths). Does anyone think I can get a similar value on the 325xi? I don't need anything fancy just the cold weather package/ six speed w/grey metalic paint. Can someone give me an idea of what I should expect for a residual value and money factor on a 24 mth lease on the 06 325 xi Thanks
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Hi moneyb24. The higher your vehicle's residual value is, the lower its lease payment will be. So you are better off if your car's lease-end purchase price seems unreasonably high. Some banks will negotiate the lease-end purchase prices of vehicles from time to time. If you decide that you want to buy this car at the end of your lease, but that its purchase option price is too high you can always give negotiation a shot. If the bank won't budge, you can take consolation in the fact that you paid less for the use of your car than you should have while leasing it. I personally feel as though most dealers are not willing to discount demo vehicles enough. Even though demo vehicles are still technically considered new vehicles, I personally view them as nothing more than low mileage used vehicles and would want them priced as such of I was to buy one. Why purchase a used vehicle that random people have been driving and breaking in when you could have a brand new one for only a couple hundred dollars more? Car_man Host Smart Shopper / Prices Paid Forums |
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Hi cespinoza. This particular discussion is for consumers to discuss leasing BMW 3-Series models. You may be able to find out how much a new bumper for a BMW 7-Series costs by visiting the following discussion: "BMW 7-Series". I agree with the previous poster though, if you are able to get out of an rear-ending a BMW 7-Series for less than $1,000 just bite the bullet and get it over with. You're lucky that this accident wasn't reported to the police, which would have resulted in higher insurance premiums and points on your license. Car_man Host Smart Shopper / Prices Paid Forums
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