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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3223 messages, Last post on Dec 07, 2009 at 12:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: companyman21 (Jan 24, 2008 12:11 pm) In your case, the January money factor for a 328i sedan for 24 months are .00165 and 68% for 24 months and 58% for 36 months. For the 328xi sedan, the money factor is .00175 and 71% for 24 months and 61% for 36 months. An example for the 328xi with your options, from the BMWUSA website, Build Your Own (Try it yourself, you need to educate yourself) : MSRP $39,250. No automatic trans, no leather, no premium package. If you negotiate $2,000 off MSRP, you'd be at an agreed price of $37,250. Your whole $1500 to $2000 would be taken up with fees and "drive-off" payments, so I'll assume you'll pay no actual down payment. Assuming you're not a previous BMWFS customer, be sure that you make at least one security deposit to keep your money factor from going up by .00015. On a 3 year lease, without rolling any inception fees such as the bank fee into your payment, your payment would be about $477 before taxes. For 24 months it would be about $505. The 328i would be a bit lower. If you need auto trans, add about $20 a month to your payment. |
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Replying to: cluvnu (Jan 23, 2008 7:28 am) I believe I can help you with your questions because I just purchased in December an 2008 328i conv. jet black with black leather premium pkg,ipod adapter and comfort access, pretty similiar to yours, the msrp on this car with these options was 48,300, it's a little more than your msrp because premium pkg. is a little more, anyway after searching all the dealerships in town and out of town I realized noone was wanting to give any discounts at all, because in Houston this car cannot be found it must be ordered, I then tried contacting the internet depts., and found one dealer who could give a measley $500.00 off, which was better than what everyone else said which was better than nothing!!!! Anyways msrp was 48,300.00. I got .00295% MF and 63% residual on a 36 mos. lease. In Texas you must pay full taxes which is 7.25%. So with 4,000 down at lease signing which was first payment, secruity deposit and aquis.fee $625,and some other bs fees, and what was left from the 4,000 was used as dwn payment my payment turned out to be $748.00, so I don't believe it will be possible to have a payment at $600.00 a month on this car, mabye you should consider a coupe for that payment range!!! If you decide to bust your budget it will def be worth it I love, love, love this car!!!! |
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2008 328i sedan navigation i-pod adapter sports package steptronic automatic MSRP:38550 Neg. Price: 36500 Lease: 36 mo/12K year rate: .00245 residual: .63 down payment: 1500 government fees: 125.55 taxes: 2281.25 doc fee: 50 sec deposit: 600 Total initial payment: 1500? Residual: 24286? monthly payment of 577.65 Im new at this and dont want to get taken to the cleaners the first time. This seems like a bad deal. What can I do to lower the monthly payment substantially? Any help would be a relief as well as much appreciated. Any thing on here seem a little fishy? This is what the dealer just faxed over. Thanks- |
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Replying to: companyman21 (Jan 25, 2008 12:05 pm) However, the lease program that you are being quoted is off. 2008 BMW 328i Sedan 24 Month – Residual 70% of MSRP – .00165 Base Rate 36 Month – Residual 60% of MSRP – .00165 Base Rate 2008 BMW 328xi Sedan 24 Month – Residual 73% of MSRP – .00175 Base Rate 36 Month – Residual 63% of MSRP – .00175 Base Rate A 36 month lease with 12,000 miles per year, should be $488.18 with taxes and inception fees due at signing. If you need any more help, please feel free to email me or reply.
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Replying to: boomer23 (Jan 23, 2008 11:06 am)
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Replying to: cluvnu (Jan 25, 2008 1:51 pm) |
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Replying to: eights38 (Jan 25, 2008 12:40 pm)
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Replying to: hopefall (Jan 25, 2008 3:12 pm) Source: Bimmerfest.com, "Ask a Dealer" section. |
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Replying to: companyman21 (Jan 25, 2008 12:05 pm) 2007 328i sedan standard package steptronic automatic MSRP: 34,550 Neg. Price: 32,500 Lease: 24 months / 15K miles per year rate: .00245 residual: .71 drive-off: 1,710 MF: 0.00165 monthly payment of 535.65 no deposits Is this a good deal? |
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Replying to: hopefall (Jan 25, 2008 3:12 pm) If you need more help, please feel free to email me or reply. |
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