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Prices Paid: Buying & Leasing Experiences 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
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Replying to: jun2 (Apr 02, 2008 8:00 pm) |
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Replying to: jun2 (Apr 02, 2008 8:00 pm) My lease is due in Mid May (next month) for 325i. I intend to lease 2008 328i for 36months with the following: Model 2008 328i 4dr Sedan Titanium Silver Cold Weather Pkg Premium Pkg Automatic Trans 10k miles /yr NJ Sales tax is 7% With $1,000 due on signing, what would be the numbers I should negotiate? such as the cap cost etc. MF is .00175 and Resid is 63% from the currrent BMW lease rates that I saw. I dont want to pay over $500/mth. Is $475/month possible? All inclusive of sales tax. Please help me to decide and get a better deal. Thanks a lot!
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Replying to: jun2 (Apr 03, 2008 8:25 am) MSRP- $38,700 Price - $36,200 (  $500 over invoice which should be realistic based on others I've seen) Bank Acq- $825 (Marked up from $625 from BMW) Residual- 63% Money Factor - .00175 $1,000 Down basically pays your upfronts (give or take some fees) Base Payment- $458.68 Tax- $32.11 (7% provided) Total- $490.79 |
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Car man I want to lease a 2008 335ci, with an MSRP of $51,090 which includes all options and accessories including an aero kit costing about $1,195. I understand this kit is not added to the residual value at the end of the lease. The dealer has offered $500 off MSRP. The tax rate is 6.25% in TX. Additionally, the painting for the aero kit is an additional $1,000 not included in the MSRP. I am looking for a 42 month lease with 15,000 miles. What should I expect for a least payment that includes the taxes. Thanks -
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Replying to: inandabout (Apr 03, 2008 10:59 am) And only $500 off sticker to boot? Ouch!
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Replying to: qbrozen (Apr 03, 2008 11:24 am) Anyone have an idea what the lease payment should be on my previous post (#2241) Thanks I think I may still buy as gbrozen has a very good point. |
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Although this was in response to #2240 of 2243, Re: 328i Money Factor and Residual [jun2] by stvroy, Stvroy please take this just as an initiation of the discussion, as I did not want to challenge you. Actually, I understand that may be some cases of this happening, however, I would like to know where I could get a BMW at $500 above invoice. The best that I have gotten is $1,000 for the ordered cars, when shopping around and certainly outside Miami, Florida, which actually meant that they have collected a grand for filling up the paper. In Miami they stick to minimal discounts off the MSRP, while crying that they have to make money somehow, while at the same time they raise the acquisition to $825, MF for 0.0004, and whatever else they can to rip us (the buyers) off. As I do not have any problems in ordering my car from anywhere else, I would love to get at least some dealerships that actually sell cars at $500 above invoice, and preferably without trying to pull some BS excuses and such. Thank you.
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I am on my third consecutive BMW lease. Even if you negotiate $500 over invoice, the dealer will pad the deal by adding $200 to the acquisition fee, making the actual deal $700 over invoice. I have fought with dealers about the padding of the acquisition fee and they have never yielded. You go to another dealer-they give you the base acquisition fee, but then they pad the money factor. It has been impossible in my experience to find a dealership offering both BMWFS' base money factor and acquisition fee with a negotiated capitalized cost of $500 over invoice in Florida. Their job, it seems, is to make you think you got $500 over invoice. |
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Can someone check my math? 2008 BMW 335 sedan MSRP $ 44,425.00 Selling price, inclusive of everything except taxes $41,885.00 36/12 .00200 62% LEV $555.09 before tax.
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Replying to: skobola (Apr 06, 2008 9:45 pm) The $500 over invoice was based on sedan numbers others posted on this board. I even used that line in negotiations with a dealer on a convertible. He didn't deny it on a sedan, but quickly shifited to the convertible being a total different story. I'm not trying to get a convertible for $500 over, but just using it as a baseline in the back of their mind. |
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