View Single Post
      06-22-2009, 01:16 PM   #1
Nas23
New Member
1
Rep
25
Posts

Drives: 2009 E92 328xi
Join Date: Aug 2006
Location: USA

iTrader: (0)

What Kind of Deal Am I getting - Good/Bad?

Hey Everyone,

Looking to lease a 328xi Coupe ('09).

Metallic Paint
Premium Pckg
Heated Seats
Navigation
iPod
Auto Transmission
Logic 7

Re: the Lease payments, they include the down payment prior to any dealer fees, tag fees, etc.

I will do a 12k/36 mo.

Dealer 1:
@ 0 down: $650 mo. (I will likely put $7500 down, just wanted this price to compare it to my monthly payments @ $7500 down)

@ 7500 down: $394 (w/o Logic 7). Getting the Logic will add $11 bucks.

Dealer 2:
@ 7500 down: $384 (w/o Logic 7); $394 with Logic 7. (Best Deal I've received)

Dealer 3:
Giving it to me in the $425 range without the Logic I believe. I wouldn't go here. But the money factor they said was .0019. I'm assuming that is the standard for BMW Financial at the moment. The residual (If I recall Correctly) is .161

The Sticker Price of the Car I believe is $47,500ish. Dealer 1 will give it to me at just under $45,000.

Does anyone know how multiple security deposits work? And if you can pay in advance so many months to lower the overall monthly payment? I heard at Mercedes, you could pay up to a year's lease in advance, so in the long run you are saving say $1500. Could I work a little better deal than the numbers I'm getting?

I appreciate if anyone can give me feedback. Thanks!
Appreciate 0