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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3218 messages, Last post on Dec 03, 2009 at 7:31 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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The Feb 335 coupe lease deals, BMW uses an example of a unit with the automatic transmission. Does this deal require the auto or was that just an example? thx |
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I picked up my monaco blue coupe today and it is amazing. Took it on some back roads and had a blast. I want to thank those of you who helped out in the lease process. It was an education....
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Replying to: steveinvt (Feb 07, 2007 4:34 pm)
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Replying to: tcn2k (Feb 07, 2007 4:42 pm) |
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These forums have been INVALUABLE to me during the car search process. So, I felt I should post MY success story (or, at least I'm happy with it)!! Bought the car in SoCal (Black-on-black, of course)! BMW 328i, Premium, Navi, Xenons, Aluminum Trim MSRP: 40420 Cap Cost: 38700 Acq: 625 Doc: 45 DMV: 346 Tires: 7 Money Factor: .00155 (yes, it IS possible to get close to the buy rate) Residual: 63% 3 years, 12K miles per year. Total Drive-Off (including zero down): ~$870 Monthly Payment (including 8.25% tax): ~$525 per month I apologize that I couldn't be a bit more precise in those last two numbers, but I lost the paper I wrote them down in during the excitement. No HIDDEN costs (mats, etc, all included)! Dealer was very professional and easy to work with. I'm VERY happy with this deal, and would be happy to help anyone out in the SoCal area if you need some tips! Thanks again to all of you for your help during this process! Von Rauss
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Replying to: vonrauss (Feb 07, 2007 7:36 pm) I have a question for you - how is tax calculated in SoCal for a lease? Because I'm running your numbers and I'm getting a different monthly payment, but I'm using a lease calculator for NJ, where the tax is calculated only the depreciation amt, where that would be about $926 over 36 months. Thanks!
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Replying to: maxim49 (Feb 08, 2007 6:37 am) You pay tax on a monthly basis (its compiled the same way as regular sales tax). My base payment is around $490 per month, with 8.25% sales tax charged per month. I'm not sure how it shakes down in Jersey, but that's the way its handled here... Hope this helps. Also, again, I didn't have the exact numbers when I posted. The monthly payment including tax could be off a few bucks, and the downpayment 20 or 30 bucks...
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Here's what I was just quoted. Is this a good deal? The money factor looks high to me. 2007 BMW 328xi Sports Wagon $36100 Alpine White $N/C Terra Dakota Leather $N/C Steptronic Automatic Transmission $1275 Cold Weather Package $600 Premium Package $3150 Park Distance Control $350 Xenon Headlights $800 BMW Destination Charge $695 Total MSRP $42970 Selling price $41896 36 month lease 10,000 miles per year MSRP $42970 Selling price $41896 Lease rate .0026500 Residual 63% $27071 First payment due at inception $625.65 per month plus tax
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Replying to: vonrauss (Feb 07, 2007 7:36 pm) I'm in southern california and will be actively looking within the next month or two. Any suggestions you could give me in the forum about dealerships (or anything else) or offline would be very much appreciated. Thanks in advance.
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Replying to: luvauto (Feb 04, 2007 1:06 pm) |
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