Last post on Dec 06, 2013 at 10:50 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW, Car Leasing, Sedan, Wagon
#5030 of 5617 Re: How does lease credit work? [alexandergld]
Apr 07, 2013 (6:36 pm)
OK I have a few questions,
I read in a few forums that you save more money on a 2yr vs 3yr lease is this why you choose the 2yr? Also 10k vs 15k mi per year?
I will check into lowering the MSRP. You think I can lower my bank fee $925 and Money Factor of 1.29? Can you also give me an opinion on the Residual Factor factor at 65%?
Lastly, can you explain what the multiple security deposit is? I assumed 0 down was the best way to go but it sounds like you pay more somewhere in the contract.
#5031 of 5617 335i lease offer
Apr 07, 2013 (9:16 pm)
I assume standard "lease special" at all dealers..
335i coupe + premium package (47,995 msrp)
Includes $1500 lease credt
Nothing down.....monthly payment , inc tax = $537/month
What is the take on this deal?
#5032 of 5617 Diplomatic Pricing
Apr 08, 2013 (2:27 pm)
Hi. Wondering if someone can give me answer on this. I'm about ready to lease a 335i xDrive. Dealer tells me that, because of my wife's diplomatic passport, we are entitled to diplomatic pricing 5% off MSRP. My question is: Can the 5% rebate be applied to the final negotiated price (which I expect to be closer to TMV than MSRP), or is it 5% of MSRP period, with no dealer rebates possible?
Dealer hasn't given me a straight answer.
If it's 5% off MSRP, then there's really no discount at all, since TMV (as I've configured my car) is almost exactly 5% less than MSRP.
Any help would be appreciated.
#5033 of 5617 Re: Diplomatic Pricing [dchabitant]
by kyfdx@Edmunds HOST
Apr 08, 2013 (2:48 pm)
I haven't looked at Diplomatic Pricing, recently... but, I'm pretty sure it works like European Delivery. There is a lower invoice price... so, you should be able to negotiate a lower price than a regular buyer...
If it's 5 percent less, then you have the correct take on it..... they are basically charging you MSRP minus the discount..... no discount at all...
I'd shop around..
#5034 of 5617 2013 328 Lease
Apr 04, 2013 (9:46 am)
What is the MF and residual % for 36 mo 15k mi /yr lease? Best credit.
#5035 of 5617 Re: Diplomatic Pricing [kyfdx]
Apr 08, 2013 (7:48 pm)
Thanks kyfdx. I asked the rep twice if 5% discount applied to negotiated price or MSRP. His response was: "It doesn't include options" (which helps me not a bit).
Let me ask you: If you know, is it possible to pay below invoice for a 335i XDrive,; or there not enough manufacturer incentives for this? Should I shoot for $800 above invoice, or could I do better? What do you think is a reasonable price to pay for this vehicle? $500 above invoice? $1000 above invoice?
#5036 of 5617 Re: Diplomatic Pricing [dchabitant]
Apr 09, 2013 (2:26 pm)
I think you are missing the point here.
Incentives are your free money, not the dealers.
Negotiate car to +500 over invoice (INCLUDING FLUFF FEES LIKE DOC FEE DEALER FEE) THEN subtract incentives you qualify for to go under invoice.
Not "Hey dealer I have $1,500 in incentives, I want to be at +500 over invoice"
Apr 09, 2013 (3:21 pm)
Considering a 328i barebones + moonroof and planning to email a few dealers for quotes. At what point do you let them know whether you're leasing or buying? Thanks in advance! And any recommendations for no-hassle dealers in Jersey would be appreciated
#5038 of 5617 Re: Diplomatic Pricing [kromix]
Apr 09, 2013 (5:35 pm)
Gotcha. Thanks. Question remains: Do you think $500 over invoice is a reasonable offer given current allocations for 335i xDrive? Or is it something most dealers would never accept on this car? (Done it with other cars in the past)?
Still need to figure out if diplomatic pricing is a cash rebate, or 5% of MSRP--which is useless.
Appreciate your input.
#5039 of 5617 Re: Diplomatic Pricing [dchabitant]
Apr 10, 2013 (10:15 am)
Diplomatic pricing works the same as Euro delivery. You get the 5% diplomatic savings off the base price but you can also negtiate off that price after adding your packages/options.