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2017 BMW 340i Lease

ryanrcsryanrcs Member Posts: 2
edited November 2016 in BMW
Received this quote for a 2017 BMW 340i with a MSRP of $58875. Is this a good deal? I never leased a vehicle before.

36 month 15k miles 3k down is going to be $730 a month

or 36 month 12k miles 1600 down is going to be $741 a month

Thanks

Answers

  • MichaellMichaell Moderator Posts: 263,520
    ryanrcs said:

    Received this quote for a 2017 BMW 340i with a MSRP of $58875. Is this a good deal? I never leased a vehicle before.

    36 month 15k miles 3k down is going to be $730 a month

    or 36 month 12k miles 1600 down is going to be $741 a month

    Thanks

    .00134 and 59% for 36/15. Add 2% for 12K

    What is the down payment being used for?

    What is the negotiated selling price?

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  • rob34rob34 Member Posts: 64
    Hi, looking at a 340i Xdrive. Dealer in Seattle. I'm a repeat customer turning in a current BMW lease. MSRP as built online is $65,870 (inc. BMW Power and Sound). What MSRP should I expect after negotiation and what should the money factor be. About what should the monthly payment be with minimum down inc. tax? Thanks for the help.
  • rob34rob34 Member Posts: 64
    i should add 10K miles, sorry
  • MichaellMichaell Moderator Posts: 263,520
    rob34 said:

    Hi, looking at a 340i Xdrive. Dealer in Seattle. I'm a repeat customer turning in a current BMW lease. MSRP as built online is $65,870 (inc. BMW Power and Sound). What MSRP should I expect after negotiation and what should the money factor be. About what should the monthly payment be with minimum down inc. tax? Thanks for the help.

    rob34 said:

    i should add 10K miles, sorry

    .00134 and 62%

    Shoot for 7% off MSRP.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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