Quote:
Originally Posted by dce93atl
Trying to see if this is a good deal:
2013 335i M-Sport convertible Black/Cream Nav/comfort/premium pretty much loaded with everything.
MSRP 63895 Reduced to 60540
reduced an additional 750 plus 1500 holiday cash, 740 loyalty, 300 BMW smartphone app
Final Price $57245
Residual $39614
Monthly $675.44 with 10K miles(trying to get a quote on 12K) for 39 months.
I'm getting dinged on my trade(2008 328i convertible) but plan to put some cash with it to offset the trade hit I'm going to take.
What do you guys think?
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Eh, not a great deal. What's the invoice price for this car? Use that as your starting point. I wouldn't offer more than $500 above invoice, BEFORE any loyalty/cash offers/incentives. I'd also recommend you put the cash down towards maximum of 7 securities deposits to reduce your Money Factor by quite a bit, rather than to reduce your cap cost. Price out your monthly payment with 1 security deposit versus 7, and you'll notice that you save over $100/month in your payments!