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Prices Paid: Buying & Leasing Experiences
BMW 3-Series Lease Questions
2358 messages, Last post on Jul 05, 2008 at 2:44 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi: This is the first time I have considered leasing a vehicle. Need help on whether I am being railroaded with hidden costs. From reading your postings I think that my MF is the highest I seen in reading (these past few minutes)...and I am deeply concerned. I have been going back and forth between 2 dealerships (AL and GA). I am military and live in Georgia with access to my permanent Alabama addy for a home of record. Sale tax in GA is 7% and AL 4%... After playing a little hard ball with both dealers my local dealer in Albany. He contacts me after two days ...with the following for a 328i, w/ prem package, heated front seats: MSRP: 36,454 Sales price: 34,700 Trade-in Value for 2003 4 x4 Nissan Pathfinder SE: 12,800 Balance due on Pathfinder: $15,777 So the neg equity:$ 2,977 BMW 328i lease is 36 mo/15,000 miles Residual:61% MF:.00247 or .00274 (can't remember which) DP:4500 (includes tax, tag, title, fees, of which I think 2500 cap red, 350 security,). Payment comes to roughly $525 per month. Apologize for not having the exacts...I am going off a quote that I left on my desk at work. I was not aware that this site existed! HOPE YOU CAN HELP ME SOON... Scheduled to sit down with the saleperson tomorrow. Thanks. Serefinah |
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Replying to: serefinah (Dec 11, 2006 6:55 pm) You can email me (jonathan |
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Replying to: serefinah (Dec 11, 2006 6:55 pm) 1400.00 due at signing with monthly with utah tax as 425.00 per month. For 36 months on 335i, I got MF = 0.00205 with residual of 63%. Negotiating the price right now so I can drive down my monthly. It's for a 12k miles a year too. I am an aggresive negotiator plus I only own bmw's so I guess I got an advantage with the dealer that I solely work with. Anyone else who can get a better deal on the 335i, let me know soon since I too am in the market and about to order one. The 335i MSRP that I want is 44,695. They would only want to lower it 1500 off msrp. Right now, I am still negotiating to get my payment down to 550.00 with 1400.00 due at signing. Breakdown is 1000 is deposit, 400 doc fees etc.
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Car_Man, Do any dealerships actually lease out m3's or do they leave them out? If so what's the next step down and/or what's the christmas lease specials coming up? |
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Replying to: tcn2k (Dec 11, 2006 10:14 pm) 328i with permium pkg + heated seat manual trans MSRP 36745 residual 74% 27 mos / 10k per year $2500 down payment 289 per month I think the MF is still high for this. This was quoted without much negotiations |
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So I am about to sign for a lease on a 335i. Here is the breakdown: 36 months / 12k miles MSRP 44,695 down: 0 Monthly: 559+tax MF: 0.00185 Residual Percentage: 63%. Anyone got a better deal then this? I think this is the best deal so far that I had found. |
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Anyone needs to pay acquisition fee on a lease? I am leasing a BMW 335i and there is a $895 acquisition fee. I heard someone was able to get that knock off? Is that typical?
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Replying to: tcn2k (Dec 15, 2006 8:12 am) 36 months / 15k miles MSRP: 45,295 Down: 0 Monthly Payment: 574.18 + tax MF: 0.00165 Residual Percentage: 61%
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Replying to: nyubxtr (Dec 17, 2006 11:09 pm) |
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Replying to: nyubxtr (Dec 17, 2006 11:25 pm) MSRP: 44,695 Down: 0 Monthly: 550.00 + tax MF: 0.00175 Residual percentage: 63% for 36 months 12k miles. Now the agony of waiting 2-3 months!
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