Last post on Jun 19, 2013 at 5:18 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW, Car Leasing, Sedan, Wagon
#4938 of 5204 2013 328i xdrive lease question
Feb 24, 2013 (11:22 am)
I need your help please! I am looking to lease a 2013 328i xdrive and I got the following offer from my local BMW dealer. Do you think it's a good deal?
MSRP: $48,300 (btw, I noticed that the dealer's sticker price is $350 lower then the price I get from bmwusa.com when I build the same exact car)
36-month lease/15k miles per year
$605 (and change) per month is what they offered me. They want me to pay them a little over $1,000 when signing the lease. They said that's the 1st month's payment + taxes and fees. I live in the Chicago area and I was told that taxes on car leases in IL are higher than most other places in the country. Thanks in advance!
#4939 of 5204 Re: Covering first payment? [Car_man]
Feb 24, 2013 (2:06 pm)
Thank you. Scored a awesome deal on that 335is. MSRP 60095. Adjusted cap cost through negotiations and factory incentives 54324. 36/10k a yr MF .0013 residual 65% tax 7% payment 583 zero down fees upfront
#4940 of 5204 Re: Covering first payment? [veloman62]
Feb 25, 2013 (12:03 pm)
The turn-key program is for BMW customers whose lease is within 30+/- days of the return date AND finances a new BMW with BMWFS, is eligible to receive a 1st payment credit up to $500 towards their new BMW.
#4941 of 5204 Re: 2013 328i Lease Question [Car_man]
Feb 25, 2013 (12:52 pm)
I'm not necessarily interested in a BMW, but am curious about something you said that I'm trying to figure out. If a particular vehicle has cash incentives to lease, does that mean that those insentives should be deducted after the price of the car has been negotiated?
#4942 of 5204 Re: 2013 328i Lease Question [rccbrandon]
Feb 25, 2013 (1:19 pm)
No. You should include them in your negotiations. Dealers competitive markets might be looking to make $1000 profit on a car. If you know the invoice amount, holdback and incentives you can figure out the dealers true cost to make a competitive offer and stick to it.
The exceptions are manufacturer discounts that are special to you. If you have a unique $750 coupon from BMW then you can take that off after all negotiations.
Feb 25, 2013 (6:44 pm)
What is money factor and residual on 328xi sedan, 10k miles and 36 months.
#4944 of 5204 Is this a good deal
Feb 27, 2013 (5:04 pm)
My girlfriend would like to lease this car.....
2013 328i Black Sapphire Metallic, cold weather package (ZCW), premium package (ZPP), BMW Assist (6NL).
MSRP 42,645...dealer offer $38,350
36 month lease with .00130 LMF....we will put down $5000 which will leave a balance of $26,866 at the end of the lease.....Dealer said the residual value is 63%
Any information would be greatly appreciated...if you need more info hopefully I can provide it
The $5,000 down was from a trade in and cash (50/50) in an attempt to get her payments as close to $300 a month as possible. They were able to get it to $347 but no lower. Another person suggested MSD's ?
#4945 of 5204 Re: Is this a good deal [jwalls]
Feb 27, 2013 (8:10 pm)
I would never leave money down on a lease to get lower payments. Hang onto cash and put toward payments. Car totaled or stolen say goodbye to that down payment.
Feb 28, 2013 (5:27 pm)
Thanks CAR MAN for your help!
One additional question:
My dealer is saying that the residual is 63% for a 36 month / 10k miles per year lease on a 2013 328i sedan. Based on your comments here, I thought you said that the residual can be as high as 65% for that combo. RidewithG is reporting 60% for the sedan in February (to which I assume I add +2% for the 10k lease). Can you please confirm?
Mar 02, 2013 (1:49 pm)
Hi Car Man:
Looking at a white 328x, COLD + premium + Distance Control (option only). msrp 44,545. What would be the approximated monthly payment with top credit tier, 36/12K, 0 down (March or April)?
Also, same situation, but with an additional 2100 (Nav) option, how much is my payment gonna go up?