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Moderator - Prices Paid, Lease Questions, SUVs
Jason, not sure what you meant by "3%"? also the MF and residual are set by BMW bank. but i am not sure if certain region in the USA is different than other due to market competition. doing the MSD is very wise, imho. I am comparing the 528/535 with MB E350. though BMW is not as aggressive on selling price as the MB. if you can get the MF so low, why put down another $4k as a reg drive off? as far as negotiation, just get several dealers quote via email and go from there. I just checked carsdirect.com, 528 is going for ~$7k off msrp due to $4k incentive. I prefer the 535i but the incentive is only 1500.
Pretty hard to tell, without all the info...what is the MSRP, the Invoice price, the selling price? What also matters is...do you really want to keep your 3 year old car, that is entirely up to you. What would your old car be worth in 3 more years after you pay about 35K for it?
jasonb_88 U agree with the above poster...it is always a bad idea to de cap the lease. All you are doing is paying the lease fee upfront, which leaves you vulnerable to loss of all the down payment money due to accident or theft. The MSD's are based on the monthly payment, ie, $450 equals 1 MSD. Finally, you really are not providing all of the info about the car, MSRP, Invoice, selling price and incentives. Always work from invoice as a base, not from payments, otherwise you are setting yourself up to be screwed.
Thank you for your feedback and comments. Here is the info for the 2014 535xi, navigation, heated seats, leather, rear view camera, parking sensors.
Test drove it...smoother car, nice navi display, rear camera, parking sensors.
Sale price: $58500 all included (4% tax, tags, fees,etc...)
36 months lease / 36k miles
$0 down, $679/ month
As for the 2011 535xi, edmunds projects $20000 value in 3 years! with $8000+/- in maintenance & repairs. Taking into consideration the difference in monthly payments, keeping it saves about $2000 after 3 years. Meh...I will just get the new one and get an all electric car in 3 years...maybe tesla or some other manufacturer would have a nice one for around $50k.
if anyone in socal/LA looking for a BMW, def look up George R at BMW Monrovia, internet mgr. I shopped over one week, got over 10 quotes, George was/is the best in every category, and came home in the car within 1.5 hr, including sign and detail. this is on a 2014 535i rwd.
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