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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3225 messages, Last post on Dec 08, 2009 at 3:05 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: shweta1 (Jun 10, 2009 5:53 pm) Enjoy your new ride  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: BeamerMan (Jun 11, 2009 6:24 am) I personally calculate leases using a calculator that I set up in Excel using the formula that is outlined in the following article: Calculate Your Own Lease Payment. Edmunds.com has a lease calculator here as well: Edmunds.com Lease Calculator. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi Car man! I'm new to this forum and I wanted to get some advice from you. I'm planning on leasing a 2009 335xi Coupe and checked out a dealership to test the waters out there. I received an offer of $48100 right off the bat from an MSRP of $52250 on a 36 month $10K lease. Would be around 2857 cash down to cover fees (which included a questionable $900 bank fee imbedded in the 'other fees' that he reluctantly told us). He is also getting the car from another dealer he wouldn't tell us. Is that a good offer? Do you need anymore information? Thanks!! |
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Replying to: BeamerMan (Jun 12, 2009 2:25 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: BeamerMan (Jun 13, 2009 2:04 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nick0703 (Jun 16, 2009 8:45 am) According to my calculations, if you were to lease a 009 BMW 328i Coupe that has an MSRP of $40,300 and a selling price of $37,300 ($2,000 dealer discount & $1,000 cash incentive) through BMW Financial Services right now for 36 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $446. The payment for an otherwise identical lease of one with an MSRP of $46,550 and a selling price of $43,550 would be around $529. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jamieb15 (Jun 22, 2009 3:49 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: wasabicky (Jun 28, 2009 6:03 pm) The 2009 335i Coupe that you're interested in probably has a spread of around $3,300 between its full MSRP and its dealer invoice price. Plus, BMW is providing a $1,000 cash incentive on leases of this car right now. That gives you a total of $4,300 to play with during your negotiations. You were quoted a discount of $4,150, which is a very good deal, even with the acquisition fee markup. Just make sure that the dealer uses BMW FS' buy rate lease money factor of .00175 to calculate your payment and you're in business. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Car Man, You quoted a lease rate from BMWFS of 00225 on a 10k 36 month rate on a 335i, but I noticed on another post you quoted 00175 rate. Why the difference?
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Replying to: Car_man (Jun 29, 2009 3:50 am) We figured out that he was inflating the MSRP by $1000 to give us that deal! So we went with that idea and asked him for the same deal, offering $48,650 on a car in stock at an MSRP of $52,800 that we confirmed. He offered $49,300, indicating it's $200 over invoice price. I think we're going to take that deal and now make sure he's not taking it back with excessive fees! In his initial offer, he included the bank fee in the inception fees as well as amortizing it into the monthly payments! We're busting out our laptop during the calculations to check the math. =D
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