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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
2456 messages, Last post on Sep 06, 2008 at 1:51 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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HI I have been negotiating for a BMW328XI with the premium package, automatic, heated seats, and metallic paint. The MSRP is $40395 and the invoice is $37,260. The sales price is $38,440 ($37,260 + $480 dealer advertising and training + $700 dealer profit.)with no money down. Additionally there is a bank fee of $625, a doc fee of $45, an inspection sticker $10, and a tire tax of $10. ($1240 to be paid separate from the lease). For 36 months and 15K per year I got a lease payment of $545 per month which includes NY tax for Westchester (7.38%). My questions are: 1. Is the $480 advertising and training fee negotiable? Do I really have to pay it? 2. Is the $700 over invoice a fair price? 3. When I did the lease calculation I came up with $538.70 but the sales person said that I did not factor in that there is interest on the tax that I am paying over the lease period and that is why my calculation was not accurate(My calculation: RV $24,640.95 + Neg price minus RV over 36 months =$381.92 + Neg Price + RV taimes .00190 = $119.76 + NY tax $37.02 =$538.70). Is that a standard practice or B.S.? 4. I am returning a BMW 325XI and will have to pay a disposition fee of $350. If I lease another BMW can I have that fee waived? Does it make a difference if I get the new car from the original dealer I got it from or another dealer in terms of not paying the disposition fee? I APPRECIATE ANY HELP YOU CAN GIVE ME. THANKS
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Replying to: rxke (Feb 18, 2007 1:31 pm) 2) Seems cheap to me. I think the whole deal looks good. 3) In NY state, the tax is calculated, then paid upfront (added to your cap cost, in this case), so the payment should be a little more, due to the money factor being applied... but, the difference is less than $3/mo. I'm not sure exactly how much the tax is.. ask the dealer, and that may account for the rest of the discrepancy. 4) If your old lease is with BMWFS and the new one is, also, then you shouldn't have to pay a disposition fee.. I'd call BMWFS, in advance to verify. regards, kyfdx
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Replying to: kyfdx (Feb 18, 2007 2:05 pm) Thank you so much for your input. It is really appreciated. You guys do a great job helping all of us!!
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Replying to: rxke (Feb 18, 2007 2:16 pm)  So, you aren't really paying those fees, the dealer is... What you are paying: The selling price of the car. Edmunds invoice + $1180 looks like a good deal..
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Replying to: kyfdx (Feb 18, 2007 2:28 pm) I appreciate your quick response. You have been very helpful. Thank you. |
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Hi host, Could you help me to figure out if the following is a good deal? Sedan 335i with: 24 Months 16K Miles / year; Premium Package; Sport Package; Paddle Shifters; Navigation System; Steptronic; Metallic Paint. MSPR: 47,395.00 Due on delivery: - 1st payment: 668.00 - Sec Deposit: 700.00 (refundable) - Bank Fee: 825.00 - Other fees: 259.00 - Total: 2,452.00 Thanks! |
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Would appreciate any comps involving Boston area dealers or thoughts on the following: 328xi Lease, 24 or 36 months, 20,000 mi./yr., Steptronic, ZSP sports pkg., ZCW Cold Weather pkg.; 459 Pwr Front seats, 494 Heated front seats, 639 BMW assist. Edmunds MSRP - $41815; Invoice $38535. Massachusetts tax 5%. Dealer is offering lease at MSRP with money factor at .00147  $743.86 for 24 months. Due at delivery $218 - registration and docs; first month lease pmt; $750 security; $866.25 bank fee. Where's the beef? First time BMW buyer and need to make a decision this week. Where are the dealers most likely to give?
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Replying to: orangeman70 (Feb 18, 2007 5:27 pm) Here are the quotes that I got from BMW of Peabody for a Coupe 328xi and a Sedan 335i: Coupe 328xi with: Metallic Paint; Cold Weather package; Premium package; Sport package; Navigation System; 24 months 16k miles / year. MSPR: 44,520.00 Monthly Payment: 667.00 Due at signing: 2,557.00 1st: 667.00 Sec. Dep.: 700.00 Acquisition Fee: 825.00 Other fees: 365.00 Sedan 335i with: 24 Months 16K Miles / year; Premium Package; Sport Package; Paddle Shifters; Navigation System; Steptronic; Metallic Paint. MSPR: 47,395.00 Due on delivery: - 1st payment: 668.00 - Sec Deposit: 700.00 (refundable) - Bank Fee: 825.00 - Other fees: 259.00 - Total: 2,452.00 |
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HI Again Has the money factor gone down on the 328XI sedan? I am using .00190 but I see .00155 and .00125 for the coupe. Thanks again for your help.
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Replying to: rxke (Feb 19, 2007 7:08 am) .00100 for same at 15,000 mi./year
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