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BMW 3-Series Lease Questions

3226 messages, Last post on Dec 08, 2009 at 2:50 PM
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Replying to: bmwhip (Mar 15, 2007 7:06 pm) |
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Replying to: coupelover (Mar 14, 2007 9:09 pm) |
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Found this site after I have already ordered my car, but I'm curious to know if I got a decent deal or if I have to go back to the table. Here are the specs. & numbers. Any help would be greatly appreaciated. Thanks 2007 328i Coupe Alpine White Power Seats w/ Memory Navigation System Leather Destination: $695 Total: $39,090 Purchasing in Maryland 36 months 15K per year $438.97/month Down payment including first month: $5,475 Thanks again.
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Replying to: mensah007 (Mar 19, 2007 6:57 am)
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Replying to: meddlingkids (Mar 19, 2007 7:36 am)
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Hi, Would like your feedback on this offer, planning to close tomorrow- 328i Sedan Lease- 36 m/ 10,000 miles Automatic + premium package+metalic MSRP -$38,175 Offered price -$37,000 Money down -2500+tax+ttl Security -400 + 1st month 387 MF -0.0014 or 3.36% Residual -64% of MSRP Monthly payment -$387 No acquisition fees –per dealer included in price $825 Is it a reasonable deal? Also, I’m concerned the dealer will play around with MF once we come to close , he did not check my credit yet . I don’t think I will have a credit issue ,as I think BMW has a GO/no GO policy only… thx
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Any feedback on this deal? 328i Coupe w/STEPTRONIC, Premium, Sport, Comfort & Navigation MSRP: $44,200 Sell Price: $41,465 36mth / 12k/yr Res. 60% MF: .00140 Out the door: 957.75 Mth: $569.52 includes tax of 7.75% |
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Replying to: mensah007 (Mar 19, 2007 3:12 pm) Think about it. Let's say you only put down $2400 rather than $4500. That gives you an additional $2100 in cash at signing in your pocket. Your payment would go up to $500, which is $65 higher than the example I quoted above. Therefore, you would be paying $2340 more in payments over the 36 months of the lease. Now, if you keep that $2100 down and invest it at a modest 8%, you would have $2645 at the end of your lease. Not to mention, provided you are earning that interest in a somewhat liquid account, you have an emergency fund to make payments on your vehicle should something unforseen take place. I know the higher payment is more intimidating, but provided you can afford the $65 additional per month, it's a financially wise decision. If you can't afford the extra $65, you may want to ask yourself if you can really afford to lease this vehicle.
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Replying to: meddlingkids (Mar 19, 2007 5:24 pm) |
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Replying to: wrobbins8047 (Mar 19, 2007 4:41 pm) I think $2,700 below MSRP on a coupe is a good deal. They are still marking up the MF .00015. Not sure how you get $569.52; I get $549.87. What state/dealership is this lease?
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