2015 328xi lease

moemoe7

Hi, I live on Long Island (NY) and this is my 1st time leasing a car, so would you please advise if the following is a good deal.
Demo BMW 328xi
MSRP: $36,887 (Original MSRP $46,540)
Miles: 2905
Cash on delivery: $1,700
Breakdown:
1st payment: $369
Security: 0
Cap Red: $985.52
Tax on cap Red: $85
DMV Fees: $100
Fuel Surcharge: $65
Tire Fee: $10
Insp Fee: $10
Doc Fee: $75

15,000 miles per year for 36 months.
The payment of $369 includes taxes. I must sign the deal by tomorrow, or the dealer might pull back.

Thank you so much!

kyfdx

moemoe7 said:

Hi, I live on Long Island (NY) and this is my 1st time leasing a car, so would you please advise if the following is a good deal.
Demo BMW 328xi
MSRP: $36,887 (Original MSRP $46,540)
Miles: 2905
Cash on delivery: $1,700
Breakdown:
1st payment: $369
Security: 0
Cap Red: $985.52
Tax on cap Red: $85
DMV Fees: $100
Fuel Surcharge: $65
Tire Fee: $10
Insp Fee: $10
Doc Fee: $75

15,000 miles per year for 36 months.
The payment of $369 includes taxes. I must sign the deal by tomorrow, or the dealer might pull back.

Thank you so much!

I wonder if $36,887 includes the tax and acquisition fee? Sure looks like it.
If it were me, I'd just pay the 1st payment and fees upfront, and take the bump up to $400/mo, and keep that extra $1100 in your pocket.

It looks like a very good deal, but don't let the dealer pressure you on time. The current programs are good through the end of the month. The risk in waiting on a demo is that someone else might purchase it while you are thinking about it.

That said, if this is the car you want, go get it.

moemoe7

I'll try to restructure the deal like you suggested. Thank you so much, you guys are the best!