By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
I am no expert on this.. But less than 500 bucks over invoice seems to be a good deal to me (for a BMW) ..Who is the dealer? I may lease one from them at this price if they agree to use the BMWFS numbers that Car_man provided.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Who is the dealer in Westchester?
Thanks-
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks for the information. I just got a quote from a dealer (without premium package but I will probaly go with the pp) :
3 year lease 10,000 per year
330-automatic
474.90 a month
Due at signing:
$3,487.75 which includes:
Security
Taxes
Sales Tax
Motor Vehicle fees
Any thoughts?
I'm not sure how they handle sales tax on leases where you live. Do you have to pay it all up front? Your out of pocket seems a little high, but maybe thats because of the taxes.
Try out Carman on the "Lease questions, ask here" board in Finance section. Make sure you give him the MSRP of the car you are interested in, with the rest of your lease details, and he can give you an idea of what you should be looking at.
Do you have any idea what sales price they are basing the lease on? In other words, you want to negotiate the selling price of the car, the same way you would if you were buying it.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
When you use the TMV calculator for a used car, it offers to check the value of a CPO vehicle -- there's a link you have to click on at the end, if I remember correctly.
One of the HOSTs, Car_man, is always telling people in the Lease Questions discussion to go to the Real-World Trade-In Values discussion where a Town Hall member (not a HOST), Terry, gives, well, real-world trade-in values. Try posting there.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
p.s. just curious on your bio page. You remarked that your bmw will be like a honda. What do you mean by that?
Thanks again
As far as my comment about the BMW being as reliable as my Honda, that was a weak attempt at humor.. I really don't expect it to be. Just hoping.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
Seems high to me in that they were selling below invoice back in November and December. What is a fair price(cash) to pay for this car? Thanks.
>It sounds like a great deal for a car that has to be ordered, and that the dealer
>might have trouble selling on his lot if you back out
Hmmm... As I've posted previously, my sister has ordered a 325xi. The dealer requested/mandated a $1000 deposit. So if the car is hard to sell, shouldn't the forfeited deposit more than make up for the loan interest that accrues while the car sits on the lot?
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Demo/exec vehicle (145 miles on odometer)
Orient Blue Metallic
Leather
STEPTRONIC 5-Speed Automatic Transmission
Moonroof
Xenon headlights
Heated frontseats
invoice was roughly $31,800
paid $30,800
Also extended the full maintainance program to 100k miles for $1,150
I live in the San Francisco area.
What are your thoughts on the prices I paid, kyfdx?
- Performance Package (ZHP)
- Nav System
- Xenon Lights
- Heated Seats
- Moonroof
Can't I get a better deal than this? I'm from Central New Jersey.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I wouldn't consider the car a demo with only 145 miles on it..even though those probably were demo miles. That seems like an insignificant amount. Does the car already have an in-service date? Or did it start from the day you took delivery?
And, just for my personal curiousity... Did the car come with leather and sunroof, but no premium package? What was the MSRP?
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
The salesperson told me that the incentive was only $1000 on the 325xi and it was the last 2003 325 they had in their inventory.
How do I verify the in-service date? I think the warranty started from early 2003.
That's right. It doesn't have the PP, hence no power seats etc. I think the MSRP was 34,000+, don't recall the exact figures.
Was planning on getting a '04 325i as I didn't need the 4wd capability. But went with the '03 to capture the discount so to speak. Guess I'll be wasting more gas on my daily commute.
I wonder why they had the car for almost a year, and it only has 145 miles on it, though..
I wouldn't worry about not having premium package.. It sounds like you are planning on keeping the car for awhile. I doubt the gas mileage will be much different for the 325xi vx the 325i, either. Enjoy your car. My wife has had hers for about six weeks now, and I can't keep the smile off my face when I drive it. We have the sport pkg, and I already had to buy a set of winter tires. At least you won't have that expense.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Any thoughts on who is giving low interest rate car loans?
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2004 325xi (MSRP 37545)
Auto
Premium package
Cold weather package
Leather
Metallic
Mats are included
36 Month/15K
$800 bank fee
$500 Sec deposit
$470/Month
$350 disposition fee (when you return the car-this came up at the last minute )
bank fee+sec deposit+taxes+first month +DMV fees are due at signing.
Good luck to all.
My old rule of thumb, when interest rates were a little higher was $15/mo for every thousand of MSRP. That was a fair deal for 36mo/45k leases. Your lease is about $12.50 per thousand. Thats a good deal for the middle of the model year.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Taxes are paid upfront.. So $470 does not include tax..
>If you are only driving 4000 miles per year, it doesn't make much sense to lease.
Why, is the depreciation on a, say, three-year-old car with just 12K miles on it so much less than one with 30K or 36K miles?
>I am not particularly proud of the following lease deal but could not do better
>after several weeks of talking to dealers, visiting the dealers and sending/
>receiving e-mails.
Actually, that's what you're supposed to do to get the best deal you can. So I can't imagine how you could have done better.
By the way, the salesman with whom my sister has been dealing in her lease of a 325xi (which is on order) said that even though NY state is supposed to refund you your "unused" portion of the sales tax in the event the car is stolen or totalled, it's all but impossible to get it from the state. So you should lump the sales tax into the capitalized cost. Of course, a salesman has a vested interest in getting the lessee to capitalize as much as possible.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks very much. I don't have a credit union. I will chck around at the banks-if anyone knows of low car interest rates either from a national bank or NYCity regional, please let me know.
Thanks
I haven't seen anything cheaper than the 3.9% my credit union offers (not counting special auto manufacturer supported rates), so anything between 3.9% and 4.3% would be a good deal, without much variation in payment within those two numbers.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
1. They are 5 minutes away from the house, and
2. I like their service dept, and
3. I like their sales staff. Even my cynical wife who hates car salesman, really likes my sales person, and
4. I give them high marks as a dealership.
Now I have to add as a p.s. I don't visit them often, in fact almost never. I don't visit any BMW dealership or service center, as the car to date just requires it's yearly checkups. In fact, I was at the dealer a couple of weeks ago with my wife to check out the X3. We took an X3 3L out for a drive and I got the chance to flog it, in an empty parking lot of hard packed snow and ice. Then I sat down with my sales rep, who found my old paperwork in 3 minutes, we built a car, but he suggested I wait until Sept or Oct, as I wouldn't get delivery until after February.
But my feeling is, should I need them, they are there for me, close to the house and have a clean BMW loaner fleet, when you bring your car in.
IMO and my wifes, sometimes the best price isn't always "best".
I just would like to ask for an advice...
I am planning to buy used BMW 3 coupe, most probably 318i, 1997-1998, around 60-90k miles. Can get one of these for 10k or less. Would like to use the car in weekends - for fun drive only , as a second car. But still probably I will pass 25k miles per year.
Any experience about known issues with this particular model and estimated maintenance cost would be greatly appreciated.
And is there any driving difference between 318i and 323i? Should I look for another model? Thanks in advance.