- #1769 of 3219
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Re: 2008 328i coupe lease. Please HELP. :( [cdnpinhead]
by guy1974
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Aug 29, 2007 (9:07 am)
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Replying to: cdnpinhead (Aug 28, 2007 11:35 am)
There will be larger discounts for the '07 obviously but '07's are not "distressed" merchandise! The differences between an '07 and '08 328 are minimal with chrome exhuast and gear changing steering wheel mounted paddles for the auto and sports.
I very much doubt you can get an 07 328 for invoice or below, a good deal is $500-1000 over invoice for a 328i. BMW does not give holdbacks so a dealer would lose money if they sold a car for less than invoice (the fees would help).
Anyway BMW's are cheap in the US when compared to Europe so stop trying to get a great car for $1.99!
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- #1770 of 3219
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Re: 2008 328i coupe lease. Please HELP. :( [guy1974]
by tigerkitty
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Aug 29, 2007 (2:13 pm)
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Replying to: guy1974 (Aug 29, 2007 9:07 am)
A German friend told me BMW in Germany is like Toyota in Japan, it's very common and U can see them everywhere...
He thinks we are paying too much for that in US...
Don't know how true is that? 
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- #1771 of 3219
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Re: 2007 328i 36 month lease [fourizonly007]
by sprinkler13
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Aug 29, 2007 (3:16 pm)
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Replying to: fourizonly007 (Aug 24, 2007 8:54 am)
The usual thinking is that you shouldn't put anything down for a cap cost reduction. If you were to total the car in an accident, your insurance would cover the ammount to "replace" the car to the bank, however, you would now be out whatever money you put down upfront and would be starting over again with a new car. Also, without actually being able to calculate your numbers at the moment, you can kind of estimate that for every $100 plus or minus in the cap cost will move your monthly payment $3 plus or minus. So, if you were to NOT pay the cap reduction of 2200 bucks, your cap cost would increase by 2200 bucks and thus your monthly payment would go up about $66/month.
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- #1772 of 3219
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Re: 2008 328i coupe lease. Please HELP. :( [tigerkitty]
by guy1974
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Aug 29, 2007 (3:58 pm)
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Replying to: tigerkitty (Aug 29, 2007 2:13 pm)
I am from the UK and the 328i I leased here in the US had an MSRP of $38000 whereas in the UK it would have a list price of GBP30000 which is equivalent to around $60000. The UK price (and most European prices) include sales tax of 17.5% but even accounting for this the UK is overpaying compared to the US by 50%.
Just look at bmw.co.uk and the option prices. Steptronic is GBP1200 which is a 1:1 exchange rate even though it is $2 to GBP1. Metalic paint and comfort access are also much more expensive options in the UK than in the US even though the same factory is used and the delivery distance is much shorter.
It is true that BMW is very popular in Germany, but that just shows that Europeans don`t mind paying for excellence. Whereas lots of Americans what something on the cheap so they buy Hyundai etc. Korean and Japanese manufacturers do not sell well in Europe (just check out Lexus sales comapred to Audi, MB or BMW - they are tiny).
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- #1773 of 3219
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Re: 2007 328i 36 month lease [fourizonly007]
by Car_man HOST
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Aug 31, 2007 (1:29 am)
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Replying to: fourizonly007 (Aug 24, 2007 6:27 am)
Hi fourizonly007. BMW Financial Services' buy rate for a 36 month lease of the 2007 BMW 328i Sedan is currently .00140 with the payment of a security deposit at lease signing. I personally would pay one on this car. It is only equivalent to your vehicle's monthly payment rounded up to the nearest $50 increment and you get it back at lease-end. The money factor that you were quoted is correct for a lease of this car with a waived deposit, so this aspect of your deal looks good.
Now let's take a look at its selling price. This car's dealer invoice price is $31,795. The price that you were quoted is $1,360 over invoice. Plus this dealer is marking up BMW FS $625 base acquisition fee by $200, so you are really paying more like $1,500 over invoice. I would not be surprised if you were able to beat this price if you are in an area that has a decent level of competition. It wouldn't hurt to comparison shop with a few other dealers. Also, make sure to stop by the "BMW 3-Series: Prices Paid & Buying Experience" discussion to see how much other community members have paid for similar cars lately.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #1774 of 3219
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Re: Looking for info on 335xi [jabber]
by Car_man HOST
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Aug 31, 2007 (1:54 am)
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Replying to: jabber (Aug 26, 2007 9:14 am)
Hi Jabber. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 335xi Sedan with 12,000 miles per year are .00190 and 63%, respectively. This car's 10,000 mile per year residual value is 1% higher. BMW FS charges a $625 acquisition fee and a security deposit that's equivalent to your monthly payment rounded up to the nearest $50 increment on every vehicle that it leases. It will waive its security deposit requirement in exchange for a slight increase in the money factor that is used to calculate your car's monthly payment. BMW is not currently providing any cash incentives on this model.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1775 of 3219
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Re: Lease 328i in LA [bmw328lease]
by Car_man HOST
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Aug 31, 2007 (2:02 am)
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Replying to: bmw328lease (Aug 26, 2007 10:03 pm)
Hi bmw328lease. I believe that the dealer invoice price of the car that you are interested in is $32,225. If this is correct, the selling price that you were quoted is around $1,300 over invoice. This isn't terrible, but if you are in an area that has a decent level of competition I personally would not be surprised if you were able to beat it by a couple hundred dollars. Make sure to stop by the following discussion to see how much other community members have paid for similar cars lately: "BMW 3-Series: Prices Paid & Buying Experience".
Assuming that all of the selling prices of the three deals that you mentioned are the same, the number two looks the best to me because it has no capitalized cost reduction. I always advise consumers against making down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
It is difficult to say what BMW's lease program will be like on the 2008 3-Series when it arrives at dealers in the near future, but if I had to make an educated guess I would say that you will probably get a better deal on a leftover '07 model now than you will be able to get on an '08 when it is first available.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1776 of 3219
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Re: Lease 328i in LA [fourizonly007]
by Car_man HOST
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Aug 31, 2007 (2:04 am)
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Replying to: fourizonly007 (Aug 26, 2007 10:37 pm)
Congratulations on getting your new BMW, fourizonly007. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your new ride  .
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1777 of 3219
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Re: Looking for info on 335xi [jabber]
by Car_man HOST
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Aug 31, 2007 (2:06 am)
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Replying to: jabber (Aug 27, 2007 6:02 pm)
Hey Jabber. According to the latest information that I have seen, BMW FS' current buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 335i Coupe (sweet car btw) with 12,000 miles per year are .00200 and 60%, respectively. Again, this car's 10,000 mile per year residual value is 1% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #1778 of 3219
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Re: 2008 328i coupe lease. Please HELP. :( [tigerkitty]
by Car_man HOST
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Aug 31, 2007 (2:10 am)
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Replying to: tigerkitty (Aug 28, 2007 10:43 am)
Hi Sil. I am sorry to say that your ability to negotiate a good discount on the 328i Coupe that you are interested in will be seriously hampered if dealers in your area do not have any in inventory. Dealers are usually much more willing to provide good dealer on vehicles that they have on their lots than ones that they have to order. The lack of availability of this car probably speaks to the high demand for it in your area. You may want to stop by the following discussion to see if any community members have had luck getting a good deal on this car in your area: "BMW 3-Series: Prices Paid & Buying Experience".
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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