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BMW 3-Series Lease Questions

3200 messages,  Last post on Nov 25, 2009 at 7:08 AM

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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#2603 of 3200
Re: BMW 335 sedan lease info... [ragtops01] by gearwhore
Dec 10, 2008 (12:49 am)
Reply

Replying to: ragtops01 (Dec 09, 2008 3:40 pm)

ragtops01
 
I just pick up the car today and this is my number and would like to share with everyone. I found this website very helpful and hope this info can help others. I also uses a website call fighting chance (www.fightingchance.com). They send me step by step how to get a good deal. There is alot of planning and prep work but I think it's worth it. Enjoy!
 
2009 335i Sedan, Space Gray Matallic, Premium Package, Sport Package, iPod/USB adapter, Manuel Transmission
 
MSRP $46,675
Invoice $43,525
Sale Price $43,525
Term 36/12K
Money Factor 0.0020 (Dealer Buy Rate is .00175)
Residual % 62% (Some dealer quoted me 58%)
Local Sales Tax 8.25%
Bank Fee $925.00 (Dealer Mark up from $625)
MACO/Doc Fee $400.00
Training Fee $180
DMV Fee $408.75
Security Deposit: $650.00
 
Down: $0
Driveoff: 1638.75 (MACO, Training, DMV, Security Deposit)
Taxes $47.66
Monthly Payment $577.66
Monthly Payment + Tax $625.32
#2604 of 3200
by goldenmeeko
Dec 10, 2008 (1:47 am)
Reply
wow gearwhore where are you located to get the car at invoice
#2605 of 3200
Re: BMW 335 sedan lease info... [gearwhore] by kyfdx HOST
Dec 10, 2008 (4:22 am)
Reply

Replying to: gearwhore (Dec 10, 2008 12:49 am)

As of October, BMWFS has raised the base acquisition fee to $725.
 
$200 is still the maximum markup.
 
regards,
kyfdx
#2606 of 3200
Re: Southern Cal help [tennis_rus] by Travis_Y
Dec 10, 2008 (10:20 pm)
Reply

Replying to: tennis_rus (Dec 09, 2008 4:29 pm)

Here are the numbers I was given.
 
MSRP $46350
price $44999
59% resi.
.00175 m/f
$696 includes tax
#2607 of 3200
Re: [goldenmeeko] by gearwhore
Dec 11, 2008 (12:38 pm)
Reply

Replying to: goldenmeeko (Dec 10, 2008 1:47 am)

Bay Area, California
#2608 of 3200
Re: BMW 335 sedan lease info... [kyfdx] by gearwhore
Dec 11, 2008 (12:40 pm)
Reply

Replying to: kyfdx (Dec 10, 2008 4:22 am)

Yes, and legally if the dealer mark up to one customer, they will have to mark up across the board to everyone for this bank fee. non-discriminating, so I was told by third party leasing expert.
#2609 of 3200
Re: BMW 335 sedan lease info... [gearwhore] by kyfdx HOST
Dec 11, 2008 (12:47 pm)
Reply

Replying to: gearwhore (Dec 11, 2008 12:40 pm)

Your leasing expert is wrong..
 
Dealers are free to markup, not markup, etc, etc..
 
I'm sure they aren't allowed to break the law regarding discrimination by creed, sex, race, etc, etc... but, the markups are negotiable... I've made deals both ways, with the same dealer..
 
Dealers like to use that line... most often with document fees ("I have to charge everyone the same amount"). But, it isn't true.
 
regards,
kyfdx
Host-Prices Paid Forums
#2610 of 3200
Re: BMW 335 sedan lease info... [kyfdx] by gearwhore
Dec 11, 2008 (1:12 pm)
Reply

Replying to: kyfdx (Dec 11, 2008 12:47 pm)

Thank you for your information.
#2611 of 3200
09 BMW 335i Sedan Lease by ichochochooseu
Dec 12, 2008 (1:57 pm)
Reply
Hi CarMan and everyone,
  
First off I would like to thank you all for all of the hard work that is put in to this forum. It has been extremely helpful for researching a new car lease.
  
I am looking at doing a 3 year lease for a 2009 335i Sedan and would like your opinions on the offer I was given below:
  
2009 BMW 335i Sedan
MSRP $49,050
Sale Price $47,650
Sales Tax $0 (BMW will cover sales tax for the month of December)
Lease Term 12k miles / 36 months
Residual 62%
Interest Rate 2.30%
Misc fees $725 Acquisition, $130 Doc Fee (There may be another <$100 fee or two I am missing) Monthly Payment $680 per month I would appreciate anyone's opinion on the terms above. Thanks, IChoChoChooseU
#2612 of 3200
by tennis_rus
Dec 12, 2008 (6:54 pm)
Reply
i am in md, dealers tell me i have to pay the whole tax upfront on the whole price of the car, even on the lease so 40,000 car would cost me about 2k extra of taxes... so my drive off + 2k ,.... is it true?

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