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BMW 3-Series Prices Paid and Buying Experience

10296 messages,  Last post on Nov 24, 2009 at 8:34 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#901 of 10296
Question re. waiving Lease Fees by benjamin753
Dec 26, 2003 (8:50 am)
Reply
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 10296
Question re. waiving Lease Fees by alexwhite
Dec 26, 2003 (9:21 am)
Reply
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 10296
message deleted by pat HOST
Dec 26, 2003 (11:03 am)
Reply
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 10296
first offer by want2003325i
Dec 26, 2003 (2:06 pm)
Reply
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 10296
Good deal for a 325i lease @ $299 by wowser1
Dec 27, 2003 (8:51 am)
Reply
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.
#908 of 10296
Question re. waiving Lease Fees by benjamin753
Dec 27, 2003 (9:25 pm)
Reply
Alex,
 
The dealer didn't take my offer and I'm not finding ANY good deals on 3-series cars. Quote after quote with high money factors, bank charges, mediocre pricing, and lousy residuals.
 
I'm having the most luck with the Volvo S60 AWD. It doesn't drive quite as well as the 325xi, but it's a MUCH better value with the incentives in place, not to mention a ~40 more HP.
 
I'm tired of getting nowhere with the BMW dealers and will likely end up with the Volvo unless some miracle deal pops up tomorrow.
 
Benjamin
#909 of 10296
Incentive on 2003s? by sjmurray3
Dec 28, 2003 (8:26 am)
Reply
Is BMW still offering the $2,000 incentive on 2003 325is?
#910 of 10296
Question re. waiving Lease Fees by yk40
Dec 28, 2003 (10:40 pm)
Reply
One of the local BMW dealers in the upstate NY area advertised a base 2004 325xi (MSRP : $30245) lease as follows; $339/month, around $4K down payment including first month + security deposit ( I think sec. dep. was around $400) , 10k miles/year and 36 month lease. Add TTL. It does not look like any special deal to me! Any thoughts??
 
Also, I agree that Volvo S60 AWD may cost a lot less. Any good lease deals on Volvo S60 AWD?

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