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BMW 3-Series Lease Questions

2358 messages,  Last post on Jul 05, 2008 at 2:44 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW, Car Leasing, Sedan, Wagon

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#2141 of 2358 Good deal? 328xi by irishprincess Feb 16, 2008 (9:42 pm)
Could you please tell me if we negotiated a good deal? 328xi, automatic, black sapphire metallic paint, 15,000 miles premium and cold weather packages. MSRP: $40,925 Selling Price: $38,663 Residual: (61%): $24,964 Down Payment: $1500.00 (This includes aquitsition fee, dmv fees, and 1st months payment)   Payment: 36 months $490.00 + 10% tax = $539.00 Thanks!
#2142 of 2358 Re: Looking for best lease deals for 2008 335i Coupe and 335i Convertible [ by newbiemer335i Feb 17, 2008 (7:04 pm)
Replying to: nm_socal (Feb 13, 2008 1:30 am) Good luck finding any dealer in SoCal who would sell these two specific models for $500 over invoice. I tried and the best I could find for a 335i Coupe (with similar option to yours + Navigation, Paddle shifter and Park Distance Control) was $1,000 over invoice plus $560 for MACO, training fee, etc. Most dealers want at least $1500 over invoice and charge more for above fees and Bank fee of up to $825 sometimes. I am not saying it's not possible. I could not find any after contacting 8 dealers around LA. I closed the deal with Center BMW in Sherman Oaks/ Van Nuys and dealt with their internet sales dept. directly via e-mails only. I appreciated their prompt response, no B.S. approach and respect for customer's time and intelligence level. Replies to this message: ursamajor (Feb 17, 2008 10:13 pm)
#2143 of 2358 It's Interesting. . . by cdnpinhead Feb 17, 2008 (7:21 pm)
that the majority of people who drop in here seem to expect someone to supply them with a quick answer as to whether the lease deal they've come up with is decent.   Only Car-Man is willing to do that (approximately every month or so -- timing is critical). Most of the other folks who know how to figure leases appear to be happy to guide people to resources so they can do it themselves. It's interesting that so few appear to be willing, even when they're told how. It's only arithmetic -- doesn't even begin to qualify as mathematics.   Go figure.
#2144 of 2358 I know the coupe and conv. are more than the sedan by ursamajor Feb 17, 2008 (10:13 pm)
Replying to: newbiemer335i (Feb 17, 2008 7:04 pm) Took delivery today of a 335xi sedan. But I had Rusnak competing against Pacific in Glendale down to the wire for LESS THAN $ 500 over invoice. I had ordered at the very end of December to lock a .002 MF, so my deal was really done, and Pacific got what I wanted--Conti Contact SSR RFTs, added a spare, which is in storage for long trips only. The frustrating part of this is the "break-in" period. Man, this car is not intended for LA traffic. I want to be aggressive, but must bide my time. If you hadn't priced with the internet dept. of these two dealers, I believe you should have, and I would encourage all readers in this area to consider them, as once you make them aware of what we share here, that you're an informed buyer/lessee, and know what the "spread" should be, they'll give you as good a deal as you can get without any nonesense.
#2145 of 2358 Re: Lease payment calculation [cdnpinhead] by stevek4 Feb 18, 2008 (10:41 am)
Replying to: cdnpinhead (Feb 16, 2008 7:24 am) Thanks.... I found the MF and RV through your resources, and found the equations; the deal they are offering me is really a pretty good deal! But now knowing how they get there, I will TRY to neg a little better deal....why not, right? They are quoting me a little off the MSRP (around $1k), so can't complain either way. Thanks for the guidance. Replies to this message: cdnpinhead (Feb 18, 2008 12:17 pm) kyfdx (Feb 18, 2008 1:42 pm)
#2146 of 2358 Re: 08 328i Coupe MF and Residual Values for Feb [joeko23] by stevek4 Feb 18, 2008 (10:45 am)
Replying to: joeko23 (Feb 06, 2008 10:21 am) http://www.bimmerfest.com/forums/showthread.php?t=260678   It is under bimmerfest forums....I was just directed to this the other day, and it helped a lot! Good luck.
#2147 of 2358 Re: Lease payment calculation [stevek4] by cdnpinhead Feb 18, 2008 (12:17 pm)
Replying to: stevek4 (Feb 18, 2008 10:41 am) Glad you were able to find what you needed. Unless you're looking at a coupe or convertible (and it sounds like you're not), you should be able to do better than $1K off list -- reports are that some people are getting $500 - $1000 over invoice. You may want to broaden your scope & add a couple more dealers to the mix.   Thanks for the update. Replies to this message: kyfdx (Feb 18, 2008 1:42 pm)
#2148 of 2358 Re: Lease payment calculation [cdnpinhead] by kyfdx HOST Feb 18, 2008 (1:42 pm)
Replying to: cdnpinhead (Feb 18, 2008 12:17 pm) Speaking of coupes and convertibles...   $1500 customer down payment assistance on in-stock 3-series coupes and convertibles (as of 2/14), through the end of the month.. It's good for leases or financing through BMWFS..
#2149 of 2358 IL tax on leases by scottyt24 Feb 19, 2008 (7:27 pm)
How does IL figure tax on leases? Do they charge the tax based on payment, MSRP, sales price or residual??   Thanks in advance. Replies to this message: kyfdx (Feb 19, 2008 8:11 pm)
#2150 of 2358 Re: IL tax on leases [scottyt24] by kyfdx HOST Feb 19, 2008 (8:11 pm)
Replying to: scottyt24 (Feb 19, 2008 7:27 pm) Full selling price..

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