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BMW 1-Series Lease Questions

64 messages, Last post on Nov 06, 2009 at 5:40 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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this weekend in the miami hearld 128 couoe not automatic and 10k mikes a year for 24 mths $287/mth i was also quoted for a 128 convertible that was on ebay today. this car has a msrp of $41000. he said with just first and inception $687/mth for 24 mths and 12k miles a year im am gonna wait till this summer and then i feel bmw will put a good program on these cars
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Replying to: hairysoda (Mar 26, 2008 2:20 pm) That aside, I would happily pay $287 per month for 10K and 24 months but I'm willing to wager that the cash down would be in the $5K vicinity. Bart BTW: For comparison, I'm presently leasing an Infiniti M35 with everything ... $51K msrp that I took when that car first hit the market exactly three years ago this week. With $2,500 cash down my lease is $600/month. Now shopping for the next car. |
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I believe that If you can make the negotiations constructive we can both benefit! I have been doing extensive research and I would need certain factors to proceed ie low money factor, high residual, capitalized cost reduction, start negotiations at invoice price etc... Dealer response!!! Thank you for your consideration. Rates and residuals are set by BMW and vary from model to model. The lower the miles allowed per year (10K) the higher the residual will be. Capitalized cost reduction is at your option. No one negotiates on a 135i and as for the 335i, I have a little wiggle room from MSRP. Invoice is not a starting point for negotiations. |
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1. Invoice is an excellent starting point 2. 335's are available at 500-1000 over invoice anywhere 3. 135's are just ugly IMO (and to MANY others) - the ride and drive is similar to a Ford Mustang 4. lots of dealers have 135's on the lot that are NOT selling (too ugly, too rough, too crude and too close to a 335 in price) |
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4. lots of dealers have 135's on the lot that are NOT selling (too ugly, too rough, too crude and too close to a 335 in price) We love dogs also, as an aside. Dealers are, by nature, lower than dogs in the food chain. They have something we hanker ... their vehicle. We have something they crave ... our dollars. Any dealer who says he's not willing to negotiate is a liar ... and on his way to losing his young franchise. Bart
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| blov, dealers are worthless scum - all franchised dealers spend countless hours in weekly meetings on how best to screw the retail consumer. honesty is a foreign concept to them (all of them). | |
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Replying to: drizzle10 (Mar 24, 2008 8:41 pm) As far as how much you will have to pay at lease signing to lease a BMW goes, I always advise consumers to pay as little as possible. It is not really a good idea to make a large capitalized cost reduction when leasing. Consumers who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. You would be better off not making any sort of cap cost reduction on your lease, even though it means that your monthly payment will be a little higher. All you have to pay at signing on a lease through BMW FS are your car's first month's payment, its $625 acquisition fee, a security deposit that's equivalent to your monthly payment rounded up to the nearest $50 increment, and any state taxes or fees. You can even roll the acquisition fee into your car's capitalized cost to make it part of your monthly payment if you want. Also, BMW FS will waive its security deposit requirement in exchange for an increase of .00015 in the money factor that's used to calculate your car's payment. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Mar 31, 2008 1:34 am) Was it a good deal?
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I love Dogs to. I'm also a dealer [salesperson] and I really don't appreciate being called a liar. You obviously have had a bad experience with someone buying a car. I'm sorry that's happened. Please don't paint us all with your giant brush. |
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Replying to: drizzle10 (Mar 31, 2008 7:49 pm) |
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