Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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22sub...There are many advantages to leasing. It all depends on how much you drive, how often you want a new car, and many other variables.
I don't know about the rest of you, but I like that new 5 series.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
jim52....hmm in PA I would think that if you were in the right place at the right time you might see as low as $1200 over invoice, it depends on who you talk to sometimes, how hurtin' they are to make a sale. Other factors may be time of the year, month, availability of the car YOU want, on the lot-ordered? If I were hurtin' to make a sale and you wanted a car on my lot, that you could pick up this month, I'd be willing to try to get the manager to agree to the price you have, within reason of course. That's when I'd be down to around $1200. You're ordering a car from the factory and I already have 12 out the door with 30 cars on order, I might try to hold a higher gross because with the workload I already have to take care of my current sales, yours is going right on top of that, meaning I am doing a lot more things, juggling lots of stuff already. That's just my perspective on it, but you gotta find the right salesperson who will work with you.
Good Luck!
ps-I wish I had 12 out the door and 30 on order in Feb! lol
the crumble zone in the rear got cut and re-worked. I do not want the car any more. See my post #1918 for reason for the 530i switch. Good luck on your car repair. Hnn.
Also, if you were going to go as low as you said, would you also be charging the base money factor on a lease or would you want to get some mark-up on that? 2 out of the 3 dealers I talked to want to mark that up as well. I tell them that I just translate it all back into amount over invoice anyway so we should just deal from there and use the base rate. Their reasoning is that the "finance department" has to make some profit too. Is there really a finance department profit center in most dealerships?
By the way, I was told by a salesperson that the "vast majority" of customers pay around 3K over invoice with .0004 markup over the base money factor (which I translate into another 1K over invoice).
On a retail contract, we usually mark it up a little bit, never more than a point over though. The point markup would more likely go on a shorter deal like the $1200 over one. Yes the F&I department would be payed on that(we like to call him our Business Manager:)).
Reminds me, we recently formed an F&I department, first guy we hired was like 30yrs old, drove a Ferrari F355 spyder, was used to really making a killing at his last F&I job, and was really pissing off a lot of our customers. Granted he was making a LOT more money than our current guy does for the business, but way too much of a risk to our reputation. I think he lasted two weeks, making over $20,000 on four deals!? He was very good at deception, so this wasn't the place for him, even though he was making money for us hand over fist.
Remember, of course the salesman is gonna tell you everyone pays three grand over, and everyone pays.0004 over the base rate, he wants you to pay them as well!
Rob
That new 5 in sliver is HOT looking. It looks like they encompassed the styling cues from the new 7 series, but shortened them and made them a bit less dramatic. Those 325Ci Sport Wheels look great too.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
As a policy, we don't sell any cars over MSRP. I know the guy who bought the first Z8 loves that policy, he made $65,000 selling it two weeks after he picked it up from us.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
A reporter is trying to find consumers who've traded up from mass-market brands (e.g. Toyota, Chevy, Ford, etc.) to luxury nameplates. He says, "I'm not looking for lottery winners, just regular folks who wanted more car." If you have a story to share, please send it to me at jfallon@edmunds.com. It is helpful for you to include your e-mail, phone number and city/state of residence when you respond. Deadline for submission to this one is March 6. Thanks as always for your input!
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Jeannine Fallon
PR Director
Edmunds.com
someone can give me a advice?
Thanks
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Good luck.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Of course, you could be nice and wait 90 days (?) so the dealer doesn't get charged back for it...
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I just ran a lease real quick on what you said above and it came to $448/mo. with the maximum amount of deposits you can do, which is 9 additional. So, the lease rate went from .00220 to .00130. The payment went from an even $500/mo. to $448/mo. with $4500 in security deposits due at inception.
As you can see, you save $52/mo. over 36 months that comes out to $1872 in savings on $4050(the first security deposit does not affect the rate, unless you're a current BMW FS customer, in which case the first one is waived), which is Guaranteed, you see the savings every month when you pay $52/mo less than you would have if you passed on multiple security deposits. And the payments reflect registration of the car in NY and NY taxes(8.25%) in the payments.
Hope that helps to explain some of it
Rob
REGARDS.
DL
Had I gone for a 5-series, I probably would have ordered European Delivery at approximately $1,500 over the ED invoice from my hometown Pennsylvania dealer. Although I would have given both VOB and Tischer an opportunity to match this deal before deciding.
I decided to keep my Maxima and get an S2000 instead. But I expect to be back in the 5-series market in the next year or two. Good luck.
Yes, the price for the cats are expensive, but they're covered under warranty (not sure which part of it, though).
re: converter far as i know it should be covered under the emissions warranty which is 7 years ? i dont recall off hand. The last converter i replaced on a American car was like 200 bones.
DL
Tires are the only form of contact between you, your passengers, an expensive car, and the road and whatever crap is on it. Of all the things to skimp on, tires should be among the last. Just my two cents.
As for rotating tires, different parts wear out in the the front and back, which is why rotating makes some sense, if you don't rotate, you throw out tiers sone with just the inside edge work out, some with just the outside edge.
dave
Well, I should grant that some unevenness is normal: the outside edge (especially of the front tires) will wear out faster than the inside edge. But by 20-25k miles, the tires are probably in need of replacement anyway. I don't think rotating them would add that much benefit here.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Moving those rear tires to the front will make the car handle differently, and that can be undesirable, especially at speed. On the other hand, it can change the wear patterns on each pair of tires resulting in longer wear because you're taking a little bit off in one spot, then another, rather than taking it all off in the same place all the time.
Handling is important to very aggressive drivers who are less worried about tire wear than about performance issues. But they probably have the sport pkg anyway. For the rest of us, longer tire wear is very welcome -- we use the car on a daily basis and probably never consider hanging the back end out. If you're just using your 5 as a wonderful ride from point A to point B, rotating the tires makes real sense to me.
Take care.
Joe W.
As a former FWD driver, I have grown used to the fronts wearing out before the rears, so, it comes as a bit of a surprise to me that, on this car, the rear tires have just over half the tread depth of the fronts (3mm vs. 5mm). It seems that I lean on the go pedal harder than I lean on the steering wheel. ;-) I guess that is not too surprising considering virtually all of the miles on this car have been in and around the NYC metro area.
According to the tirerack.com web site, my tires had 10/32” (about 8mm) of tread depth when new, so that equates to another 21,000 miles remaining for the rear tires and another 60,000 miles for the fronts (assuming that I drive the tires until they are smooth, that I do not rotate them AND that I keep the car after the end of the lease). If I do keep the car, I am inclined to drive the tires until the wear bars on the rear tires start showing, and simply buy two new tires (or one and keep the best of the two to swap out for the spare).
Another interesting item to note, there seems to be perfect symmetry to the wear patterns on my tires. Both rears look exactly the same with maybe a hair more tread depth on the shoulder than in the middle. Meanwhile, the fronts look perfect with no apparent wearing of the shoulder at all. I say “no apparent” because my tires (Michelin MXV4 Plus) do not have any measurable tread patterns near the shoulder, so, I have to “eyeball it”.
Best Regards,
Shipo
BMW's reccomendation is surely correct for maximum performance, but you can rotate every 10K miles an maybe extend tire life by 25%.
It works out fine for me, as my front tire outside edges were really worn, and no they're on the rear where the inside edge will get chewed up.
Performance hit can't be *that* bad, anymore than putting a new tire on, in theory.
dave
As long as rotation doesn't cause increased road noise or "pulling" I think I will rotate. In fact, my old Jeep had a lot of road noise BECAUSE I didn't rotate the tires.
Now the question is whether to rotate only front to back or should I criss-cross?
"Check all tire pressures (including spare). Correct if necessary. Check condition of tires (outer surfaces [left/right]), tread and wear pattern; in case of uneven tread wear, readjust wheel alignment if requested (invoice separately).”
That said, I am not inclined to rotate my tires on any BMW that I am likely to own, unless it says “Rotate tires” in the aforementioned manual.
Best Regards,
Shipo