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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
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Getting an offer on a 2008 328i - sports package, ipod and usb, power seats, steptronic MSRP - 38,020 She said it sales price was 500 over invoice 3600 down / $430.00 month - 36 months 10k miles also, since I did kind of an a la carte package, they said it would take 8 weeks to ordar...does it usually take this long?
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Replying to: smitty262 (Apr 14, 2008 10:32 am)
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Replying to: sphereboy (Apr 14, 2008 1:06 pm) Model: 328xi MSRP 42k 500 over invoice premium package, sports package, steptronic, heated seats, ipod 3500 down and 450/ month ... sound about right? what do u guys think -I am getting a lot more for 20 extra month (I think they are more willing since it is on their lot as we speak)..location is north new jersey |
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Just got a quick quote on a BMW 328i sedan with premium package, heated front seats & ipod interface. Buy price is $39,075 & quoted lease payments are $518 a month(including NJ tax) 36 month lease 12K a year no down payment but $1784 to drive car away (1st month, security, bank fee, tire tax ,document fee). Does this sound about right? Can i do better?
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Replying to: jetfan (Apr 15, 2008 2:08 pm) MSRP, money factor 0.00175, security deposit $550 (refundable at the end of lease),bank fee $625, doc fee $75, tire tax $6, online registration fee $7.7.
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| I'm looking in MN for a white 318i with leather, iPod, cold weather pkg., manual, and comfort access, list price $36,606. Invoice is 33,635. I plan to lease for 3 years, 15,000 mi. BMW on-line calculator says $543/mo, with no down pmt. Given two dealers in town, what would be a target lease rate to shoot for? | |
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Replying to: jetfan (Apr 15, 2008 7:49 pm)
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I have never leased a car, so I am pretty new to this. I have heard two opinions on leasing and don't really know which is best... Should I put a lot down to get a lower payment? Or should I only pay what I need and fight for a good rate? I have near perfect credit, its at 820 right now. I am trading in a 2002 Acura CL type S I have never owned a BMW, so I do not know how much I can talk them down on pricing or a monthly payment... I am pretty much hoping to walk out with a new 328i coupe w/ automatic, sport & premium package for under 500 a month... you think I could do that? I live in Miami, FL. any help would be great!!!! I appreciate it.
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Replying to: jetfan (Apr 19, 2008 3:34 pm) |
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Replying to: jps0429 (Apr 19, 2008 7:51 pm) The question is, why? I don't want to sound too redundant so go HERE to read about my take on down payments. Couple of suggestions on top of that. I wouldn't put down a lot of money in general. I would trade in the CL, use part of it to pay for the drive-off cost and have them cut you a check for the remainder of your trade-in and keep it in either an investment account or some type of interest yielding account. If your payment is $525, you can pull $25 bucks every month from the trade-in of your CL to help pay down the cost. I find the 3-series tough to negotiate since they are fairly desirable, but in this economy, i think you can still do alright. Try emailing some dealers for quotes, take the one thats most promising and try to get them as close to invoice as you can. Remember, nothing is final until you sign the papers. So think long and hard before you sign away your hard earned cash for the next 36+ months. Best of luck. BTW, your credit is awesome! 
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