5172 messages,
Last post on May 24, 2013 at 12:43 AM
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BMW, Car Leasing, Sedan, Wagon
#4761 of 5172 Does location make a difference in lease deals
by gizmo29
Nov 14, 2012 (1:22 pm)
Hi Car_Man:
I noticed that people are posting some great offers here. Cars that are valued at high 40's MSRP and getting monthly's in the high 400's with very little down. So my question is does your location make a huge difference in how much you are going to pay on a typical 328 lease?
I just picked up my 328i after weeks of dealing with bate and switch tactics with local dealers.
My deal came out to the following and I felt like it was pretty good considering the other quotes I had been getting from Los Angeles based dealers.
BMW 328i 2013
Sport Line
Glacier silver exterior / black leatherette interior
moonroof
parking assist
steptronic auto transmission
power front seats
MSRP 41,9995
Sell Price 38,261.00
39 mos lease
15k per year
Monthly : $405
Originally quoted $3400 due at signing but had to put down another 1k because BMW financial wanted 10% to approve my credit since I'm a first time buyer.
Do you think I got taken for a ride here? I felt like this was the best deal I had seen, most dealers in my area are very unwilling to negotiate all that low.
-Gizmo
#4762 of 5172 Wheel and Tire protection plan worth it?
by gizmo29
Nov 14, 2012 (1:23 pm)
What are everyone's thoughts, my car has Run flat tires and pretty big rims that are low to contact. Is it worth taking BMW wheel and tire protection....they said they can sell it to me for 1k bottom line?
Gizmo
#4763 of 5172 Re: Wheel and Tire protection plan worth it? [gizmo29]
by l3gendary
Nov 14, 2012 (10:55 pm)
Hey buddy don't do it. Wheel and tire insurance is what it is: insurance. I'd rather roll the dice than give money to basically dealer profit, from my experience in lease returns they are lenient on tire and wheel scratches and dings
#4764 of 5172 Re: Does location make a difference in lease deals [gizmo29]
by l3gendary
Nov 14, 2012 (11:05 pm)
Post your breakdown of the fees residuals and mf
How is your credit? If its good, I don't believe in having to put down 10% just because you are a new buyer. Also before you pull the trigger, check out pacific BMW of Glendale. Go to their website/call and talk to an internet sales manager. See if they can beat ur deal.
#4765 of 5172 Re: Wheel and Tire protection plan worth it? [l3gendary]
by gizmo29
Nov 15, 2012 (1:06 pm)
Yeah that seems to be the consensus. I'm gonna tell em no thanks.
In your experience what is the procedure when returning a lease in terms of wear and tear on the car itself as well as if the tires are low on tread? Will I have to fix every scuff on the car's paint as well as get 4 new tires before taking it back? I've heard that BMW is notorious for insane charges on lease returns....
Thanks l3gendary!
#4766 of 5172 Lease numbers on 2013 x3 2.8 in IA
by first_timer2
Nov 16, 2012 (4:00 pm)
Considering leasing instead of buying for the first time. Looking at a 2013 x3 2.8. Any details available on money factor & residual value would be welcome!
#4767 of 5172 Best and Worst Run Flat Tires
by gizmo29
Nov 16, 2012 (4:46 pm)
What are people's thoughts for tires down the line on run flat 18' with somewhat low profile.
Hanook, Kumho, Michelin, Continental ?
They all seem to range between 140-220 per tire. Is there a huge difference...
#4768 of 5172 Re: 2013 328i xdrive lease mf and residual [rthakur11]
by cglee
Nov 16, 2012 (11:13 pm)
rthakur11,
Question for you: Is the sale price you're quoting here, including the $1,000 BMW Holiday manufacturer incentive? I'm in a similar price range on the MSRP of a lease I'm trying to negotiate. I was wondering if you managed to talk them down more than $3,000 without the incentive factored in? That's my goal, but I'm not sure if it's realistic. I'm assuming this price you were quoted includes $1,000 off of what you negotiated them down to off the MSRP. Thanks.
#4769 of 5172 Re: 2013 328i xDrive Sedan Lease M Sport [juliog]
by Car_man HOST
Nov 18, 2012 (8:47 am)
Certainly juliog. Audi Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 328i xDrive Sedan with 15,000 miles per year are .00130 and 58% for consumers who qualify for its top credit tier.
When negotiating your deal on this car, make sure to take advantage of the $1,000 cash incentive that is currently available on it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#4770 of 5172 Re: 2013 328i xdrive lease mf and residual [rthakur11]
by Car_man HOST
Nov 18, 2012 (8:51 am)
Thanks and you're welcome rthakur11.
Let's take a look at this deal. The money factor that you were quoted is right on the money. So is the acquisition fee. The dealer invoice price of the car that you are interested in is $43,865. If we subtract the available $1,000 holiday cash from that it drops to $42,865. That puts you at around $1,200 or so over invoice. That's not bad, but if you are in an area that has a decent level of competition, I wouldn't be surprised if you were able to shave a couple hundred dollars off of that by shopping around. I suppose it depends upon how much time you have.
Car_man
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