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Am I getting a good deal on my 2014 BMW 328i xdrive lease?
Dear All,
Got an deal and this was after about 1 hour negotiation.
2014 BMW 328i Xdrive
Mineral Metallic White
Black Dakota Leather/ Dark Burl Walnut
Cold weather package
Driver assistance Package
Premium Package
Navigation
Sticker Price: $47,890
Negotiated car selling price: $42,000
$4,189 out of door down payment (includes everything like acquisition fee, tax, doc fee,.etc)
$399.98 Monthly payment (NJ 7% tax included
10k mileage/ year for 36 month
Is this a good or decent deal? I just don't want to get rip off by dealer anymore. So just making sure before I sign the lease contract.
Thanks
Got an deal and this was after about 1 hour negotiation.
2014 BMW 328i Xdrive
Mineral Metallic White
Black Dakota Leather/ Dark Burl Walnut
Cold weather package
Driver assistance Package
Premium Package
Navigation
Sticker Price: $47,890
Negotiated car selling price: $42,000
$4,189 out of door down payment (includes everything like acquisition fee, tax, doc fee,.etc)
$399.98 Monthly payment (NJ 7% tax included
10k mileage/ year for 36 month
Is this a good or decent deal? I just don't want to get rip off by dealer anymore. So just making sure before I sign the lease contract.
Thanks
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Comments
Looks like there is some CAP cost reduction in that upfront money... probably to get that payment below the "magic" $400/mo. mark. A cap cost of $41,250 is required to hit that payment...
There is a $2000 incentive on this model, so the discount from MSRP, before incentive, is $3890, which is just over 8% off... that's good.
$400 1st payment, $725 acq.fee , $1100 tax, $500 title/registratin, $400 doc fee, $750 CAP reduction.. That's $3875.... I estimated some of that... within $300 of what you are putting upfront.. Not too bad.
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