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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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Car Man, In your experience, do you notice whether some months are better than others in terms of when residual values and MFs seem to be their best? December obviously seems to be an obvious month, when all the manufacturers are throwing crazy money around. But what about the other months? All equal? Some better than others? Some to avoid? Curious...  Thanks!
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Is anybody else about to embark upon their first auto lease? I've always purchased my cars, but for the first time, I'm considering leasing. It looks good on the surface level: I'm getting a nicer car for the same payment I'm currently making, I'm walking away from the dealership with cash in hand, and I won't have to worry about repairs or maintenance for the next three years. But, the one thing I keep going back to is the fact that I'm LOCKED in to a payment for 36 months. I know this is nothing when compared to mortgages, but still. What if something unforseen happens and I can't afford the payment? If I purchased the car, I could simply unload it with some positive equity. But with a lease, I don't really have that luxury. I'm not saying I'm deterred from leasing, just voicing some concerns I've had in hopes you guys can strike some reason into me.
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Replying to: meddlingkids (Mar 13, 2007 10:06 pm) Which brings me to my favorite piece of advice about leasing.. If you can't afford to buy the car, then don't lease it. Because if for some reason, you need to get out of that lease, you will essentially have to sell the car to do it. So.. if you can afford to buy a $40K car, then leasing may be an attractive alternative. But, if you can only afford to buy a $25K car, then leasing a $40K for the same payment may be more than you can afford. For exactly the reasons you gave. regards, kyfdx
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Replying to: kyfdx (Mar 14, 2007 3:23 am) So that leads me to my next question: If a car is typically depreciating 10% per year, how much will it depreciate when the new model comes out? The 2008 G35 Coupe will be out in October, and I am wondering how much more my car's value will drop when it's released. If I look at the Lexus IS250, they were declining about 8-9% per year, and when the new model came out, they dropped by about 30%. I'm not sure if that scenario will apply to my car, however. |
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Can someone tell me where i can get the best deal for with a 328xi or a 335i coupe in NY. Below are the specs, thanks. 328xi or 335i Black Sapphire Metallic with coral red dakota leather Sports Package Steptronic 18" Wheels Park Distance Control Premium Package Front Heated Seats Comfort Access Active Cruise Control BMW Nav with iDrive Ipod/USB Adapter I'd like to put minimal money down and the payment (if possible) to be around mid 500s. |
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Hi, I would like some advice on the following sedan lease, as well as what I should expect on a coupe lease. Sedan: 328i with metallic paint, premium, navigation, satellite radio 36 months/12,000 miles MSRP 40,575 Negotiated price 39,950 Out of pocket 4464.67 includes $2500 deposit and fees (no acquisition fee but 599.50 dealer fee) Monthly payment $450.70 ($425.19 + 25.51 tax) I am really wanting the coupe more, or adding sports package to the sedan. I am finding it difficult to negotiate on the coupe due to limited supply - what are others finding? What should I expect to pay on a lease for a coupe at 42,500 MSRP or one at 45,500 MSRP. Thanks in advance!! |
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Here is what I got, are they any good? 328i Sedan black/black, sport, premium, Steptronic, Nav w/iDrive MSRP $41900 Selling price: $40400 63% residual: $26816.00 MF: .00140 For 36 months, 10k miles, $3800 down: $445.75 mth $3800 BREAKDOWN: $445.75 first monthly payment $305 DMV license fee $28 DMV Electronic Filing Fee $8.75 tire fee $825 bank acquisition fee $55 doc fee $153.38 cap reduction tax Total inception fees: $1820.88 Customer cash as cap reduction: $1979.12 AND 328i Coupe black/black, sport, premium, Steptronic, Nav w/iDrive As built, the MSRP $44200. Selling price: $42900 60% residual MF: .00140 For 36 months, 10k miles, $3800 down: $520
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Replying to: wrobbins8047 (Mar 14, 2007 6:17 pm)
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Replying to: coupelover (Mar 14, 2007 9:09 pm) |
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Hello, The advice I've read on here says not be sure they give you the buy rate and not mark up the acq. fee. Dealer quoted me .00160 MF and $725 acq. fee. I know these are marked up .00035 and $100. I mentioned this and he said "the finance people have to make money," and "we have to mark that (acq. fee) up a buck. I can talk to the manager, but...." 1. How do I effectively counter this? What should I say when they make these statements? 2. Has the delivery fee been increased or is he marking this up too? He quoted me $770 3. How much MF increase is a waiver of the security deposit worth? Thanks for your help!
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