Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3201 messages, Last post on Nov 30, 2009 at 7:58 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Hello everybody this is my first post here. I am interested into leasing a small luxury sedan not sure yet which one but likely a 2009 328i ( i have test driven that and the is250 so i have the a4 and c300 remaining, acuras are really ugly now). I am a bit confused about leasing. The BMW i am looking at has an MSRP of 39,600, it is auto w/ premium package and metallic paint. The money factor seems to be 0.00150 but with an MSD planning on 7(idk is it a good idea? for 3150 i am saving 1000 and so bucks total or 30 per month on the lease, and getting around 10 percent interest?) so its 0.00101. MF Residual is 62% 12k miles/yr Invoice ~ 36k better than tier 1 credit haha I want a base lease of around 360 plus tax so around $400. I will likely put 2500 towards cap cost red. So first I go to the dealer and try to negotiate the price of the car down? So for example i tell them lower the cars MSRP to 38k or 37k? Is it possible. And then i put my down payment of 2500 on top of that which should or shouldnt includes the acqui fee, doc fees and first months payment? (are those even legitimate fees?) so the gross cap cost is around 35500. Am i correct so far? I do my calculations and w/out tax i get around 363, which is excellent. Can I get this deal or am i too optimistic? Should i work more to lower the price? So many questions, but I would appreciate if you can answer. Thanks in advance!!
|
|
|
Replying to: john7548 (Jan 02, 2009 4:34 pm) 0.09% (don't know if it is for upto 60 months) plus two free payments. I am glad I did not get pressured into buying an 05 X5 today to beat the deadline. I am sure they will extend financing deals for new cars also... |
|
|
Replying to: armenh (Jan 02, 2009 8:02 pm)
|
|
|
Replying to: john7548 (Jan 02, 2009 8:54 pm)
|
|
|
|
|
Replying to: armenh (Jan 02, 2009 8:58 pm) it's a different story when u get to the dealer, try going and closing the deal... i got 09 328 coupe 39045, negotiated 36900... with 3k down $460 a month i had to pay taxes and dmv separatelly
|
|
|
Replying to: tennis_rus (Jan 04, 2009 5:24 pm) |
|
One more thing is it possible to tell the dealership to order the car to your specifications without you just picking it up from the lot on the same day? If so would they charge you extra and how long would it take?
|
|
|
I've been going through some dealers to get quotes on new 328i's (2009) lease and they always want to stuff you with a ~$1,500 inception fee even if you tell them you want to put $0 down. When asked what are those fees they all reply, "You know, first month's payment, tag, title, taxes." But it turns out they're probably making money on those inception fees. What's legitimate to have in those fees? - I'm adding the $825 "destination charge" to the invoice cost of the car - One of the dealers had a $950 "bank fee" inside that inception fee -- what a scam! (Or is this legit?) I also learned that if you currently lease a BMW, you can order your custom car from the dealer at no additional cost (it makes no difference to them -- it's just one fewer vehicle from their allocation), and BMWfs will extend your current lease at your current payment for up to 6 months -- pretty sweet. Also, if anybody could help with Jan '09 money factors on a 2009 328i, leased for 36 months with 10k miles, I would appreciate it. Thanks a lot!
|
|
|
|
|
Replying to: armenh (Jan 04, 2009 5:56 pm) |
|
|
Replying to: bcampbell001 (Dec 17, 2008 8:10 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
