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Click on Rules of the Road on the left hand side of the page, or just read the message that is printed in RED down below.
thanks,
kyfdx
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GL
I have never leased before, so please let me know what you think.
2006 330i
Premium pkg
Sport pkg
Cold weather pkg
Sat Radio
Metallic Paint
MSRP - $43,165
QUOTE - $41,265 (Invoice + $1750)
Lease terms:
36 months/15k miles per yr.
MF = 0.00195
Residual = 62%
NYS Acq Fee = $825
DMV=$125
Taxes=$1,612.89
NYS Inspec = $16
Dealer Doc. Fee=$45
Tire Disp Fee=$12.50
Security Deposit=$600
Payment = $560.03 (1st due @ inception)
MSRP: 44,840
Invoice: 41,090 kbb.com
MACO: 330
Price: 42,220 ($800 over kbb.com invoice+MACO)
It seemed like a decent deal and dealer is close to my house (plus my wife refused to let me shop anymore). I'm not happy about the MACO but there doesn't seem to be much I could do about.
We're gonna buy it but it won't be here till May.
Salesman said I was too late for Feb build. It's gonna be a long 2-3months :P
BMW 330i
Monaco Blue Metallic
Interior Options:
Gray w/Dakota Leather Upholstery with Burl Walnut Wood Trim
Packages/Options:
STEPTRONIC Automatic Transmission
Premium Package
Heated Front Seats
Comfort Access
On-Board Navigation System w/iDrive
Satellite Radio
Accessories:
Carpeted Floor Mats
Using an 8.25% Sales tax rate rolled into your lease with the $1000 over invoice selling price of the vehicle, I get a payment of $555.56 per month.
You pay 1st month, security, acq fee, & various other fees you listed up front.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Thanks for your input. The dealer (Keeler BMW) tells me that $1750 over invoice is the best that they will do on a special order car from Germany. I have pushed them for $1000 over invoice but they tell me that they will only do this for inventory that they have on their lot.
You mention that it appears that they are inflating the acquisition fee by ~$200. Isn't this a standard rate?
Also, the Sales tax in my locale is 7%
Any suggestions on other dealers in my region that might offer a better deal?
Good luck,
Matt
1750 over invoice is high compared to what others are paying, just shop around, i am sure you can find a better deal with a little legwork (or in this case finger work)
Let me guess, the inventory on their lot is all Xi 3ers with slushboxes?
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I am originally from the Northern NJ /Rockland Cty area so I am familiar with a couple of the dealers in that area. I have already sent out a few price quote inquiries - will keep you posted on how I make out.
You've guessed correctly on Keeler, all they had on the lot last I checked were a few auto Xi 3's.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I am looking to lease a 2006 BMW 325i. Here is the lowest offer from my dealership in NY.
2006 BMW 325i - 24 month/20,000 miles
Black/Black leatherette
Heated front seats
Manual trans
$399.00 per month (including taxes)
$2300.00 total out of pocket (including 1st month, TTL, and all fees).
Is this a good deal or can I do better??
Thanks,
Mike
I'm new to this group too. Will someone tell me what MACO is?
It varies by locality.. generally between $200-$450..
regards,
kyfdx
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Tischer is also good. They are in Laurel. BMW of Arlington (used to be Heishmann's) on Rt 1 in Alexandria just south of the airport has been there forever and is very good.
How much in advance do I need to order to pick up? Any chance the 2007 will be available for ED pick up in early Sept?
Also, I know you can drop off in Paris or various other locations. Is it true someone just drives it back to Munich? What would be the gas and toll cost to drive it to Paris?
Titanium Silver/Gray/Burled Walnut
Premium Package
Auto Trans
Sirius
MSRP $36,840 (includes Destination)
Am discussing with 5 dealers, 3 by email, 2 where I actually visited and test-drove more than once. One offer (Jax, Fl) was $1,000 off MSRP plus free floor mats. Wow.
One from Atlanta will go $1,400 off MSRP. (Didn't mention floor mats.)
All BMW dealers in my area seem to charge $399 for Documentation. When I kept questioning one, he admitted that it was "extra dealer profit". So even if the last guy's offer of $500 has no other costs attached, that means I would still be paying $899 (500 + 399) over dealer invoice. And, actually, that doesn't seem too bad to me.
Any suggestions or advice would be appreciated.
got mine at 38200, around 41350 out of door in So. Cal. 1000 over dealer's invoice, 1400 over edmunds' invoice. 2000+ below MSRP. could have gone to somewhereelse, but the dealer offers good service and is close to my place.
Arctic
Comfort Access
Nav
Aluminum Trim (i hate wood trim to death, one of the big reaons drive me away from lexus IS 350)
can't wait. y does it have to take so long
Check out Edmunds.com and know what the invoice is ahead of time...
Good luck,
kyfdx
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330i black/black
premium
sport
auto/step
navigation
heated seats
comfort
sirius sat radio
MSRP is $45,965
Invoice is $42445
Chargeing me $800 over invoice
Purchase price is $43,295
He quoted me for 24 months at 12k miles per year. The drive offs are $1,841.75 and monthly payment is $559.21/mo.
Is this the best deal I can get or should I ask for more? He said the deals on the 330i are better than 325i right now. A 325i with same exact options (msrp of $42,965 and my price of $40,520...(39,670 invoice+850)) is 584.53/mo for 24 months and same drive offs. I couldn't believe it's $25/month cheaper to drive a better and more expensive car.
Can someone verify this to be true and if the deal on the 330i is good? I'm a returning bmw customer and want to make sure I'm getting the best deal especially since I'm a returning "loyalty" customer (and have lease 3 bmw's to date).
thanks.
I'm not too sure on his invoice numbers, though... It seems the spread should be more than $3500 on a car that is optioned up that much.. Though, your selling price is still good..
Any idea what your tax rate is? Or, how much of the $559/mo. is tax? Also.. a breakdown of the $1841 drive-off? $559 1st pymt, $625 acq.fee.. That leaves about $650 unaccounted for..
Using the base rates, and the MSRP and selling price you provided, I get $501/mo.+ tax..
regards,
kyfdx
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325i
Black/Black
Manual
Heated seats
24 month/20,000 mile
MSRP: 32170.00
Negotiated Price: $30,808.97
Residual 77%
Money factor .00265
Total cap cost: $825.00
Total cap reduction: $800.00 ?????
Total Initial fees $217.50
NY Tax: 909.96
1 month 399.98
Total out of pocket $2327.44
Is this truly a fair deal? Any feedback would be great.
Early Sept. for a 2007 will be tough because they build the cars 30-days before pick-up, so your car would be build in early Aug.
No, if you drop off in Paris, they truck it to the port. Italy drop-offs are driven back to Munich for shipping.
No idea on the gas and toll, but the car basically gets about between 22-25 mpg (about 35-40km/gal). So figure out the distance from Munich to Paris and any stops in between.
Actually even if I did it in July (which would be better than Sept), that is near the end of the model year so you would think there would be more deals. Of course no deal in the US will be as good as an ED deal, unless maybe a dealer wants to take just $500 over ED invoice.
A few points
1) You are getting the base money factor... with the .00015 bump for security deposit waiver.. This is good.
2) The additional cap cost ($825) is the acquisition fee.. the base fee is $625. The dealer is marking up the fee for extra profit
3) $800 cap reduction? Money you are paying upfront to reduce the payment. I'm guessing that either you asked for "under $400"... or that they think that will make the payment easier to swallow..
If I were leasing the car at that selling price, I'd structure it this way.
$625 acq.fee + $910 NY tax would be added to the cap cost.. I'd make no cap cost reduction, but I would make a security deposit to bring the money factor down to .0025
$30,809 Selling price
$32,344 Cap cost (selling price + $625 +$910)
MF .0025
24mo/20K lease
Payment = $459/mo...including tax
Due at signing: 1st payment ($459), security deposit ($500), Initial fees ($218). TOTAL = $1177
Also, you'll get the $500 back at lease end..
It isn't much of a difference.... But, by not paying all of those costs upfront, it gives a clearer picture of the actual monthly expense of the lease..
regards,
kyfdx
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Mike
metallic paint
sport
cold
price $38145 (39895 msrp)
residual 62%
MF .00215
36 mo/15k yearly
usual fees (acquis 625, title 145, taxes built into lease)
Thoughts? Thanks!
Did they mention a monthly payment?
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I see the taxes are built into the lease.... what about the acquistion fee, etc.? How much is due at lease signing?
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Live in IL, tax rate is 6.75%. Acq fee is 625, doc fee 57, license 145, no money down, security and first month at signing. The taxes account for $85 per month, if I take them out.
jet black
auto
xenon
leatherette
satellite prep
the dealership is offering me 400 over invoice
but they added on a 280 MACO fee?
Should i push to remove the 280 fee?
also, is it wiser to purchase. I live in so cal.
No mention yet of a finance rate but I currently have an offer for 5.4% over 60 months. How about them apples?
Does anybody know?
Thanks in advance.
It makes a lot more sense now... You have to pay taxes on the whole car... not just the lease portion...
Then.. your payment does make sense..
regards,
kyfdx
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Then, if the deal is really for invoice + $400 + $280 MACO, then jump on it..
5.4% is very good... I doubt you can get under 4.9%..
regards,
kyfdx
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Also, how much below MSRP have people been getting on this car; I am in So. Arizona.
Thanks
Are these BMW Financial's rates? The MF is much lower than what my dealer quoted me. I was quoted .00290 MF on 24 or 36-month terms with 12,000miles/yr on a 325i. The residual is 76% and 64%, respectively.
Maybe the lease deal is better on 330i right now?
After some more negotiating on the phone, I got them to throw in the Sport Package for the same price. Now I feel like I got a solid deal.
325i
Black/Black
Manual
Heated Seats
Sport Package
Total out of pocket $2300
$399 per month / 24 months 10000 per year.
Have not seen the breakdown on paper yet but seems great.
Any thoughts?
Titanium Silver/Gray Leather/Burl Walnut
Premium Package
Steptronic (Hey, I'm a girl, okay?)
Sirius Satellite Radio
MSRP $36,800
My Price $35,000 + $299 fees
I asked for floor mats and wheel locks to be thrown in, and he agreed.
I expected to have a couple months' wait. Dealer called this p.m. and said he found my exact car already built and on its way to port in Germany! I'm going to be out of the country for next 3 weeks. He says it should be here waiting for me when I return!!!
My question is do people ever buy these cars? It looks like they are all leases.