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BMW 3-Series Prices Paid and Buying Experience

10276 messages,  Last post on Nov 06, 2009 at 10:00 AM

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What is this discussion about? BMW 3 Series, Sedan, Wagon

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#898 of 10276 Question re. waiving Lease Fees by alexwhite Dec 24, 2003 (11:03 pm)
Just got an estimate on leasing a 3-series. It contained a number of fees: acquisition fee, disposal fee, and deposit.   Several consumer Web sites tell that these fees are negotiable and can be waived by dealers. Has anyone been able to negotiate their way out of these fees? Any advice?
#899 of 10276 Question re. waiving Lease Fees by benjamin753 Dec 25, 2003 (10:07 pm)
Alex,   I'm in the process of negotiating a lease on a 2003 325xi and the dealer has waived all such fees. I don't know if this is standard practice but you should do your best not to pay them.   Benjamin
#900 of 10276 Question re. waiving Lease Fees by alexwhite Dec 26, 2003 (7:54 am)
Benjamin -   Appreciate your response. Do you by chance know if they raised any other components to compensate? What they told me is that they can "waive" the fees but raise the money factor by .00015 or the cap. cost. This is, in my mind, not really a waiver. Would you know what money factor they are charging you (on what lease term)?   Thanks in advance.
#901 of 10276 Question re. waiving Lease Fees by benjamin753 Dec 26, 2003 (8:50 am)
I'm still negotiating the lease, so I don't have any firm numbers to offer you. They initially offered me a money factor of 0.00245, equivalent to a 5.8% APR.   Your logic is correct, lowering the price of one element of a lease only to raise another is silly and not getting you closer to closing a deal.   It's the end of the year and there are plenty of cars on the lots. I would think they're as ready to deal now as any other time. Hang tough.   Here is the offer I have out with the dealer:   new 2003 325xi w/Premium, Leather, Auto, Metallic Paint, Heated Seats: MSRP $36645   Base Cap Cost: $33615 (invoice) Costs Added to Lease: $0 Origination Fee: $0 Cap Cost Reduction: $0 Adjusted Cap Cost: $33615 Residual Value: $20166 Money Factor: 0.00158 Terms: 36 months, 12,000 miles/year Sales Tax: 8.8%   Monthly Payment: $458.56 + $40.35 tax = $498.91   Refundable Security Deposit: $498.91 + $50 = $548.91   Due at Signing: 1st month's payment + secutity deposit + license   I'll let you know in the next couple days if I get the car.   Best of luck!   Benjamin
#903 of 10276 Question re. waiving Lease Fees by alexwhite Dec 26, 2003 (9:21 am)
Benjamin -   I just realized that your model year is 2003 and thus the residual calculates at 55%. You may want to try 2004. The current residual is 64% (that is for 325i, not sure about xi), and your payments may work out better. Granted, they will charge you some over invoice, but it may still make sense.   Alex
#904 of 10276 message deleted by pat HOST Dec 26, 2003 (11:03 am)
Sorry folks, asking for out of bounds information via an email isn't an okay thing to do. We invite you to share the name of the dealership you have worked with, but information more specific than that can't be allowed, publicly or privately. Thanks for your understanding.
#905 of 10276 first offer by want2003325i Dec 26, 2003 (2:06 pm)
just finished talking with saleman in eastern S.C. 325i with auto,premium package,zenon h/l,leather interior. msrp is $34620.says he will drop $3000 add sales tax/tags of $429 so total is $32049.invoice is 31775.How is this possible.Am I missing something.No incentives out there.
#906 of 10276 Good deal for a 325i lease @ $299 by wowser1 Dec 27, 2003 (8:51 am)
I have a chance to get a new 04 325i black/black, auto with no options other than moonroof and auto. The deal is: $299 month plus tax; $3k down for 39 months at 10k a year mileage. Is this a good deal?   I am torn between this and an Acura TSX that's loaded with Nav for about $40 more a month. Any input would be appreciated.

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