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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > So, when there is a "leasing special", can you still neg on price?



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      06-21-2005, 04:38 PM   #1
noflash
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So, when there is a "leasing special", can you still neg on price?

I don't have exact numbers for you. But when I play with the "Build your own" I can get a 325i with sport, cw, xenon, 12k miles/yr with tax for about $450/month.

This assumes $1000-$1500 off MSRP (which I plug in as down payment on the calculator) and a fair market value trade-in (as per KBB).

Are these assumption out of line?

I feel like when I show them how I calculated my numbers and they'll guffaw and then I'll get into a fist-fight with them... I kid.

The one slight bit of leverage I may have is that the salesman ordered me a car with my options just to test drive. He said they didn't have a 6-speed or sport package on a 325i coming in within the next 3 months. Maybe they think they'll have a hard time getting rid of it and deal.

Opinions?
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      06-21-2005, 04:59 PM   #2
noflash
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Ok, here's the numbers:
MSRP '06 325i with met/paint, SP, CWP, sat prep -->$34,045
My trade in gets $13,715 minus payoff of $10,989 = $2726 down.
Minus $75 for sat/prep I didn't want but was forced to get.
Minus $1000 off MSRP is $428 + 7% sales tax = $457/month
-or-
Minus $1500 off MSRP is $412 + 7% sales tax = $441/month

I think this is reasonable...

until I think of dealing with salesman...
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      06-21-2005, 06:30 PM   #3
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i would head over to the edmunds.com leasing board, they will give you an estimate of what your payment should be. and i'm sure others will suggest this but, putting money down on a lease doesn't make any sense. better to go with no money down. all you are doing is paying them up front to lower the monthly payments. whereas you could keep that $1,000 and invest it or at least keep it in your bank to earn a little interest.
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      06-22-2005, 11:51 AM   #4
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Quote:
Originally Posted by midwest_rollin'
i would head over to the edmunds.com leasing board, they will give you an estimate of what your payment should be. and i'm sure others will suggest this but, putting money down on a lease doesn't make any sense. better to go with no money down. all you are doing is paying them up front to lower the monthly payments. whereas you could keep that $1,000 and invest it or at least keep it in your bank to earn a little interest.
I'm not putting down any cash. The $1000-$1500 is what I hope to neg off MSRP and the rest is from my trade-in.

Edmunds TMV = MSRP, but from this site I gather many are paying below MSRP.

Thanks for your reply.
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      06-22-2005, 12:25 PM   #5
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Speaking of Edmunds, can someone post reviews and ratings of their new e90? The e90 has had a 7.7 consumer rating from 2 reviewers for the last 4 weeks.

Quote:
Originally Posted by noflash
I'm not putting down any cash. The $1000-$1500 is what I hope to neg off MSRP and the rest is from my trade-in.

Edmunds TMV = MSRP, but from this site I gather many are paying below MSRP.

Thanks for your reply.
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