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Lease a 2015 328 BMW any good deals with Navigation and Driver package Moonroof as well

jasmine1230jasmine1230 Member Posts: 6
edited October 2015 in BMW
i am looking to lease a 2015 328 BMW any good deals that I should take into consideration I only want to put 1000.0 down. i want to pay only 475.00 let me know thanks
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  • MichaellMichaell Moderator Posts: 240,955
    jasmine1230 said:

    i am looking to lease a 2015 328 BMW any good deals that I should take into consideration I only want to put 1000.0 down. i want to pay only 475.00 let me know thanks

    Hard to say - we need some additional information -

    What is the MSRP?
    What is the selling price?
    What is the lease term and how many miles per year do you want?

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  • jasmine1230jasmine1230 Member Posts: 6
    Msrp 43000. Selling orice is 38000 10k miles a year payment 430. Let me know if its a good deal
  • jasmine1230jasmine1230 Member Posts: 6
    3yr lease
  • MichaellMichaell Moderator Posts: 240,955
    jasmine1230 said:

    Msrp 43000. Selling orice is 38000 10k miles a year payment 430. Let me know if its a good deal

    jasmine1230 said:

    3yr lease

    The 36/10 lease numbers for the 2015 328i are .00134 and 64%. There is also $1500 in buildout cash available from the dealer; this may already be reflected in the selling price you've given me.

    With your MSRP and selling price, I get a pre-tax payment of $379/mo.

    What state is this and what is the tax rate?

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  • jasmine1230jasmine1230 Member Posts: 6
    state of CA they gave me a payment of 430.00 including tax. Is this a good deal Selling price is 42860.00 i am getting it for 37,000.00 without taxes ofcourse.
  • MichaellMichaell Moderator Posts: 240,955
    jasmine1230 said:

    state of CA they gave me a payment of 430.00 including tax. Is this a good deal Selling price is 42860.00 i am getting it for 37,000.00 without taxes ofcourse.

    With your revised numbers, and knowing the tax rate, I now calculate a payment of $384/mo with tax.

    Find out what the net cap cost is .. if higher than the $37,000 selling price, ask the dealer what they've added.

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  • jasmine1230jasmine1230 Member Posts: 6
    Okay Great Thanks, so their is a 46.00 difference. So is this a good deal 5860.00 off the MSRP I will find out the Net Cap cost.
  • jasmine1230jasmine1230 Member Posts: 6
    So the residual is 64% of the Bmw. isnt this too hight?
  • MichaellMichaell Moderator Posts: 240,955
    jasmine1230 said:

    So the residual is 64% of the Bmw. isnt this too hight?

    Too high? You want a high residual, as that keeps the monthly lease payment low.

    Is it based in reality? (as in - will this car really be worth 64% of the sticker price 3 years from now?). Probably not. Inflated residuals are fairly common among luxury brands - allows them to offer $299 / $399 / $499 payments.

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