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BMW 3-Series Lease Questions

3226 messages, Last post on Dec 08, 2009 at 2:50 PM
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Replying to: urnzway (Dec 02, 2009 11:16 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Dec 03, 2009 3:36 am) |
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Hi Guys, I'm new to the forums and just wanted your opinion on the lease quotes I received from BMW. I'm from northern New Jersey and the quotes I received are below: 1. 2009 328i x-drive sedan - heated seats, power front seats, and ipod MSRP: $40,195 Price: $30,843 This is an executive demo car that has 9,915 miles. Is it safe to lease a demo car? I read on some website to stay away from these. $400 per month for 36 months (15k per year; $3,000 out the door) 2. 2010 328i x-drive sedan - premium package MSRP: $40,390 Price: $38,864 $560 per month for 36 months ($15k per year; $3,000 out the door) They also told me add $60 to $80 per month to that lease price if I wanted the coupe. Let me know what you guys think about these quotes. Thanks.
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Replying to: jaytee1220 (Dec 05, 2009 7:06 pm) |
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Hey Guys, What is the December money factor and residual for 36 month/ 15,000 mi. per year lease for a 2010 328i x-drive sedan. I am from the northern New Jersey area (not sure if that makes a difference). The vehicle I have in mind is automatic w/ premium package and monaco blue metallic paint. According to edmunds: MSRP: 41,650 Invoice: 38,375 Can I expect to deal the price to be 300-500 over invoice not including the Holiday Credit? Does this seem reasonable? Thanks. |
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Hi everyone! Car-man (or anyone?), I was offered a fully loaded 2009 335i coupe with automatic transmission for $5500 at signing, 500/month (includes tax) for a 36month lease. The MSRP was 51-52K and the "selling price" offered was 43K. They told me it was "2K less than invoice" but I'm not sure of the exact money factor or what other fees that may have hidden. I was told they used a MF of 0.0025 and 60% residual but I didn't see the actual number. I can't get the numbers to work out right cuz it seems like my monthly should be lower? Is this a good deal nonetheless? the car itself is amazing but I don't want to be pushed into the higher price bracket if it's not a good deal since I originally wanted a 328i Sedan! Just couldn't get very good deals on the 328. PLEASE advise |
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Hi Guys, Can someone tell me if the Deal which I got for a 2010 3 series sedan is a good one or should I bargain for more ? I live in bay area , CA. I am not aware of the 2009 december deals. I am not taking both sports & premium pkg. 2010 328i Sedan Base MSRP $30,220 Monaco Blue Metallic $500 Value Package $0 STEPTRONIC automatic transmission $1,260 Comfort Access keyless entry $455 Logic7 sound system with Surround Sound and Digital Sound Processing $795 Destination & Handling: $825 Maco Fee: $400 Tech and Trainning: $180 Total Dealer Invoice as Built: $34,635 Order for $34,735 Plus tax, Lic and Doc Fee (55) Lease for 36 months at 10k per year. Just drive offs due at signing plus Holiday rebate. 449/mo plus tax. Thanks, Chris |
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Hello Car_Man and others knowledgeable on the topic, I am looking to lease a 2010 328xdrive sedan with sports package, navigation and comfort access and xenon headlights for 36 months and 12k/yr on miles. When I build it on the BMW website I get an MSRP of $40,825; on edmunds.com the factory invoice price I am getting is $37,570 and $39,246 for what others are paying. I have the following questions: What is the money factor and residual value for this model? How do I calculate my payment with tax in the state of NY? What fees does BMW expect you to put down at drive off (don't want to pay any cap cost reduction)? Also, since they are giving a $1,500.00 holiday credit on this car, would I subtract that from the invoice in trying to negotiate a decent price? Whats the best way to go about leasing? e-mails, phone calls, or going in person to the dealer? I have a 9-5 job and I want to this the most convenient way possible. I've been doing a lot of research for many months and want to get a good deal by being well informed. Thanks for all your help and for the great forum. Jesse |
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Hello Car_man I ordered a 335d a few months ago (Aug 2009) to "lock in" the 4500 eco credit. Car included the sport and premium packages. Now we're negotiating the lease terms. My current BMW lease ends this month so I'm a loyal customer. 1- What should the resid and MF be for 3 year 12k miles per year? 2- Are there any additional incentives on a lease I negotiate now or does the original eco credit not combine with any current program? 3- if I lease instead of purchase do you know if the $900 tax credit and the other savings from the american recovery and reinvestment act still apply or do they only apply if I purchase? If they dont' apply to a lease should I consider a purchase instead of a lease due to these additional savings? I mostly need to know answers to 1 and 2 as soon as possible since the deal has to be done soon, if you happen to know answer to 3 please include, otherwise I appreciate answer to 1 and 2 Thanks so much! |
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I spoke with a dealer about the following car. 2010 328i xdrive coupe 36 mos 12k/yr. With the following options: sports package, coral red/black dakota leather, comfort access, navigation, heated front seats, manual transmission. MSRP: $43,875 Res: 61% MF: .00205 Neg Price: $40,960.00, dealer says this $100.00 over invoice and it includes the holiday credit, is this a good price?, shouldn't the holiday credit bring the price down some more? Drive off: $1,715.03, includes first month, security deposit and other fees. No cap cost reduction Monthly payment: $563.40, includes NYC tax at 8.875%. Is this a good deal or should I be getting a better price for this with the holiday money BMWFS is giving? |
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