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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3220 messages, Last post on Dec 06, 2009 at 8:11 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I got four quotes from a local dealers in LA area. I appreciate if the experts here can give me feedback. 2008 BMW 355i coupe - Fully Loaded (Auto + Premium + Sports + Nav + iPod/ USB + Park Distance + Paddle Shifter) - White paint w/ Saddle Brown/ Black interior Invoice Base price: $40,800 Pkgs./ Options : $8,650 MSRP : $49,450 Selling Price : $47,085 ($560 more than dealer cost for training, MACO fees. Dealer claims only $1,000 over his cost of $46,085) Drive off Cost : $1,855.23 (see breakdown detail below) DMV Fee : $45 Bank/ Acquisition Fee : $625 Tax on Bank fee : $55.27 1st Payment : $726.21 Deposit : None 36 mo. 10K lease at : $726.21/ month Money Factor : 0.0026 (w/o security deposit - 0.00245 w/ security deposit) through BMW FS I have done the math and lease numbers above do work out. However, I want to lower my monthly payment closer to $650 range. The questions I have : 1. Is this a fair deal given the car being so hot in LA area now that no dealer has a good inventory? (I have to order mine and wait). Has anyone found a better deal with similar car recently around here? 2. What other options I have to lower the money factor rather than paying multiple security deposits (which I can if I need to)? 3. How many multiple security deposits are needed to bring it closer to $650/ mo. range? Is all of this money refundable at the end of the lease? Is there a risk involved with putting that much money in the hand of the lessor who may start acting up at the end of the lease? Thanks a million for any feedback/ advice in advance. |
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Hi There, My 2005 BMW 325i is ending early May, I got a call from my dealer. This was my 2nd lease, I am looking for my 3rd lease. I havent talked to my dealer yet. Here are the options I intend to lease. BMW 2008 328i - Auto Trans - Metallic Silver - Premium Pkg - Cold Weather Pkg Is this a good price to negotiate ? $1,000 down to drive off the car (just like I did my previous car) $470 / month 10,000 miles /yr This is in New Jersey (southern part). I know the dealer will not be happy but is this possible? What would be a good deal ? And how do I negotiate to get this? Thanks for all your assistance!
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Replying to: jun2 (Feb 04, 2008 9:49 am) |
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What is the February MF for a 328xi? Thanks! Stacie
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FIRST QUESTION: Can someone tell me the Money Factor and Residual Values for Feb. on a 328 & 335 Convertible for 24 & 36 months each. SECOND QUESTION: I had a BMW Dealer tell me today that the Residual Value changes on a car depending on the options you place on the car. From all my reading i thought this was set but am I wrong. If the RV was 71% then it doesn't matter what else is on the car correct?? Thanks Michael
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Is Cap Reduction subject to Sales Tax?
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Replying to: infoseeker1 (Feb 04, 2008 7:36 pm) The residual value does change.. The percentage used to calculate it does not.. 71% of MSRP... Higher MSRP = Higher Residual |
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Replying to: newbiemer335i (Feb 04, 2008 11:04 pm) In almost every case.. |
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I am in NJ, I am just looking for MF and Residual values for the month of february for the 08 328i coupe for 24 months and 36 months with 10k miles a year. Anyone know it? Thanks!
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I am looking to lease the following: 335 sedan or coupe, loaded incl sport, premium, navigation, XM, parking, etc. MSRP's in range of $48-50K. What should i shoot for in terms of discount off MSRP, Money Factor, i would prefer little-to-zero down, so MSD is of interest as well. I met with two dealers and their first qoutes (no haggling or hard negotiating) were the following 1)MSRP 47900, $1200 discount - 0dn = $767 / month 2)MSRP 47475, 0 discount - zero down = $740 / month *from what i am reading, i should be able to do much better than $1200 discount, i am seeing in the range of 2000-2500 off MSRP in other posts? *when i ask for a breakdown of fees, MF, etc., what ranges should i be looking for? *from the above guys, looks like dealer 2 was a much better offer, especially since i hadn't even asked for a discount yet (sure they will give one) *does it make a difference if it is a "on-the-lot" car vs. ordering? *is there a major difference of the deal i will get on coupe vs. Sedan, (except the obvious diff in MSRP? *ANY RECOMMENDATIONS ON A DEALER IN DALLAS OR TEXAS? MUCH much much appreciated. coming off of 3 AUDIs, but absolutely disgusted with the lease rates (MF & residual on A5 i ordered disgusting and my salesman sucks)
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