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I am buying not leasing, and I did my own financing, since they said they could not beat my 5.5% I was able to get.
What have you heard about the drivetrain issue? I just posted this message"
Thanks!
Thanks!
jpl
Thanks,
ahdanna
3yr/45K 61% .0015
2yr/30K 71% .0015
2yr/24K 73% .0015
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I am getting a lease quote on
328xi all wheel drive sedan with automatic transmission for $369/month.
This is a 36 month lease, 30,000 miles allowed, $2500 cap cost reduction due at signing. Tax, first month, bank fee, mv fees additional.
Is it a good deal? I am new to lease, what should I be looking for?
Thanks,
Appu
There is some great information on this site about leasing. there is more to it than just the monthly fee. There is couple of other things you need to look at especially the mileage per year. If you run over this could cost you lots.
I would read what was posted here and get all the numbers form the dealer before you step in the door. From the looks of your numbers the MSRP seems to be for a standard equiped 328xi.
Also, there are some lease calculators out there, but people will tell you those may not be actuate since there are a number of thing that go into the calculation.
Check this guys site before you do anything
I didn't do a lease but I ran the numbers on my 335i and your number seems close to what I ran on $43k car.
Basically, once you get to the dealer, you are going to have to negotiate everything.... better be prepared.
regards,
kyfdx
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MSRP: $44,920.00
Paid: $43,705.00
6-speed Manual
Black Sapphire Metallic
Sport Package
Premium Package
Comfort Access
Heated Seats
Floor Mats included
$3500 ($2363.97 Cap Cost Reduction)
24 months, 10k miles per year, money factor .0020416 (4.9%)
$43,705.00 + $825 acquisition = $44,530.00
Residual: $33,240.80 (74.6%)
Payment: $564.63 per month (includes tax)
Up front cost will include first month, 388 mv and doc fees, 500 security, $625 bank fee.
What do you guys say about this one compared to the first one?
-/AS
I wanted to know the actual MF before attempting any negotiations to lower it if it should be 0.001.
Metallic Paint (Montego Blue)
Premium Package (Dakota Grey interior, grey poplar trim)
Automatic
Cold Weather Package
SIRIUS radio
Cap cost: $42,300
Cap cost reduction: $2,400
24 month, 15k miles per year, 70% residual
0.00100 money factor
$493/month (tax included in price)
I have found these forums to be obscenely helpful in the search for my next car. As up to now I've just been a casual observer, I figure I might as well throw my hat into the ring and join the fun!
I am looking to lease a new 328i in Southern California. My dealer really keeps pushing the 5-series, saying that the rates are significantly better (which, maybe they are). I can't help but feel that they are being offered additional incentives to push the 5's.
I want the following options on a 328i (or xi):
Navigation
Premium Package
Bluetooth
Okay, so my question is, is it possible to get into a 328i (or even an xi) lease in SoCal for under $500 bucks per month (including tax, 9%) with 2k down (including all fees, sec deposit, etc)? From reading these postings, it seems like it isn't that unrealistic.
I want to get into the car tomorrow, but make sure that I'm making the right decision!
Thanks for any and all help!
von Rauss
You need to remember that the MSRP and gross cap cost of a well-equipped 5 series will be a lot higher than that of a well-equipped 3 series. So, the lower MF on the 5s is balanced out by its higher MSRP and cap cost.
If you are only putting out $2000 *total*, you need to remember that the acquisition fee ($625-825), first month's payment, and security deposit (a month's payment, rounded up to the nearest $50 increment) will account for the majority of that 2k, with the rest for plates/registration. This basically means putting no cap cost reduction on the car.
Taking that into account along with the high tax rates in CA, I would be surprised if you could construct a lease for under $500 a month, tax included.
If you read my previous post (a few posts back), I was able to get a 328xi coupe lease here in Boston for $493 a month with around $4000 down (cap cost reduction, sec. deposit, first month, registration, etc).
I would look at getting a lease calculator, figuring out exactly what model you want, its money factor, MSRP with all options, residual, and estimated gross cap cost, and using those along with the length of the lease and your local tax rate to see how getting a sub-$500 payment might work.
Thanks again!
Black Sapphire Metallic
Premium Package
Sports Package
Automatic Trans
Heated Front Seats
MSRP was 42395.00
Can anyone give me an idea if this is a good price for S.C.?
Thanks!
$2k total down (1k for downpayment, the rest to cover fees)
3 yr, 12 k miles per year
MF: .0019
Residual: 70%
Monthly lease payment, including tax: $517 per month
Deal or no deal?
Deal information:
Sale price : $45365
DownPayment : $1800
Term & Mileasge : 36, 15000.
Monthly payment : $670 after taxes,
Residueal 61%,
Money Factor : 1.9000
Residual value : $28910.
1) Please advice whether this is a good deal since I dont have experience in leasing dont know nitty grites behind it.
2) Is it possible to get around $550 monthly payment with better buy out option.
3) Would it be recommended to lease this 335i Vs buying keep the cost. May be at the end of the term if things goes well, I may buy it, right now, it appears to big of $ to go after buying it.
4) Please provide me your expert opinions, seriously looking to get it very soon.
Thanks, VR
Bodystyle: 4 door Sedan
Engine: 2.5L I-6cyl
Transmission: Automatic
Ext. Color: Blue
Int. Color: Parchment Leather
Mileage: 17,992
Internet Price: $23,995
How would I know if it has a sports package? Should I buy an extended warranty? If so, from where?
Depending on where you live, I would say that the price being offered is pretty much on par with what I would expect (not a tremendous deal by any means where I'm at). Also, be careful because non-BMW dealerships will often market a vehicle as having leather when it actually has leatherette.
The Sport package is easily identified by the unique seats, a different steering wheel, and (in most cases) lowered suspension.
You are definitely going to want the extended warranty, as even though this vehicle has low miles, even easy fixes cost a boatload on a Beemer.
Hope this helps.
Also do you suggest I buy an extended warranty from them or can I go to a BMW dealership and purchase on from them?
Thanks
As for where to get the warranty, I'm not exactly sure. But I know if you call your local BMW dealership they should be able to give you a nice recommendation.
MSRP $40420
Sale price $39030
Rate .00190
Residual $25464.60 (63%)
$2000 out of pocket
$528.89 incl tax 36 months (make 35 payments) 12K miles per year
$2000 includes acquisition fees, doc fees, lic fees for first year and First
Payment.
This is a Black / Black 2007 328i Sedan with Premium, auto, xenons,
navigation.
Deal or no deal?
MSRP $44,690
Cap $42,441
36mo /15k
MF .00165
residual 26,270 (61%)
I rolled the aquisition fee in to the cap cost ($625), negotiated the doc fees, etc. into the negotiated price, and added .00015 to the MF instead of paying a security deposit.
Due at signing was first month payment of $566.81 + tax and tags.
The internet CA was very responsive and all negotiating was done on email over two days. Initially, they quoted a MF of .0019 and an aquisition fee of $825, both of which the CA conceded was just added dealer profit.
This was my first lease and BMW. Overall, it was a smooth and low stress process, mainly because after reading this board, I felt informed re: current pricing, rates, and the leasing process. Thanks to the people and moderators on this board for the help.
MSRP: $42295
Negotiated Price: $40998
MF: .00190 (.00175 + .00015 to factor in security dep)
Residual: 60% (12k/yr, 36mo)
Total Cash Down: $3500 (includes acquisition fee, tax, title and registration)
Monthly Payment: $555.16 including CA taxes ($510.50 pre-tax)
What do you guys think? Thanks in advance!
Training 180?
Aqu. 800?
Title 500?
Doc fees 100?
8.25% tax?
I'm running your numbers through http://leaseguide.com/calc.htm and something isn't coming up correctly.
You have sedan in your title and coupe in the body, so I'm assuming coupe.
Anyhow, I went to a number of dealerships and realize they have almost no 335i coupe's that are not accounted for already, meaning someone's got some money sitting on them. I'm in SOCAL.
Anyways, we all know that as time passes the demand for these cars wont be too crazy but still high which will create some better movement not only on the money factor but the lease agreement along the board.
I'm wondering if I should just sit back and wait to shoot the gun here and take delivery...
Also, I've got a 2004 325ci premium sport cold weather which was 42k sticker paying 390.88 because I put some cash down. Car is sweet and is due this upcoming september for turn in, I'm just starting to go over 36k miles and if you guys have any advice please let me know!!!
Hadi
My apologies as I forgot to change the title (just responded to the previous post). The previous quote was for a coupe.
The fees I got was $685 acquisition, training $180, $375 for registration, title and docs and I can't remember the rest. Also, the $600 security deposit was rolled in as well. I calculated $2240 in additional fees that has been factored in to the adjusted cap cost.
What do you guys think?
41,470 MSRP
38,140 INVOICE
39,559 SALE PRICE
.00205 M.F. (security deposit waived)
.63 RESIDUAL
4,273 TOTAL CASH (= downpyt + acq fee)
399.00 MONYTHLY PAYMENT (+ TAX & MV FEES)
Thanks!!
I'm also in Baltimore and looking into a 328XI lease. Which dealer are you using? I currently lease a 03 330xi from Towson BMW. Let me know how you made out.
MSRP is 42,020.... total drive off fees are 5,337.72 by way of 1st payment 445,
sec deposit which is also my last payment of 445,
2495 for cap reduction/down payment,
ny sales tax 1006.26,
ny DP tax ??? 208.96,
bank fee 625,
other ??? 107.5,
after all, this adjusted cap cost is 38,614.98 (i think the price is only down to 41,109,98 from MSRP)
RV factor 71%, adjusted residual value is 29,834, total depreciation is 8,780
BMW money factor is .00175
SO in conclusion 5,337 down w/ 445 month for this car either couple or sedan whiciever i want (chose jet black/ black interior)
GOOD DEAL OR NO DEAL? please help, first time leasing here, also help me decide couple or sedan, im in a serious business where the clients see my car.
MSRP: $37,100
Cold Weather Pkg: $600
Heated front seats: $3,150
Steptronic: $1275
Navigation:$2100
Destination: $695
Acquisition Fee: $625
Total Suggested Price:$45,395
Out of pocket:$3467.59
Monthly payments: $589.97 (I am not happy about this but I did not do much negotiating)
$600 refundable security deposit
Can I do better? Help!!! I already gave a deposit of $1000
thanks for your consideration
dan
Thanks in advance
Just saw the BMW lease deal from its website on the 328xi, 27month for $349/month with 2500 down, 10kmile/yr.
My question is, would that be the best deal, or I can acturally improved it by negotiating down the buying price, or money factor(other than leaving more security deposit)?
Due to my commute, I need to have the annual mileage to 15k miles and how would that change the terms and or payment?
Thanks.
The deals last fall on the '05 3-series convertibles were fantastic.. If you tried to lease a new one, the price would probably be around $700/mo. or more.
Even with the great deals, it looks like the current lessee made a sizeable downpayment on the lease to get the payment that low. That car would have had an MSRP of around $53K.
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Usually the BMW advertised leases assume around a $1K discount from MSRP, so there might be a little more room to negotiate.. But, don't be surprised that once you pick the car you want, if they don't try to increase the price...
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I posted just a few posts ago, number 6995 i think, and I am offered 445/m on a BRAND NEW 07 all wheel drive coupe with premium and navi. So how the hell u can pay 700 for an 05 i have no idea.
Don't be offended by my post please.
$700/mo. is typical for a new one, with no money upfront other than the 1st payment and security deposit.
I don't know the details of your lease, as you've only given your monthly payment.. but, what seems like small details sometimes makes for a big difference in the payment..
Also.. I'm baffled at why you would think I'm a salesperson.
regards,
kyfdx
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