Is this a good lease deal? What info do I need?

madrider · 01-03-2009, 11:41 PM

I saw a posting for the following today:

2008 335i Montego Blue,Premium Package,Sport Package and more !

$389 Per Month Plus tax for 36 months. 10K miles per year. $3,500 total due at signing

Is this a good deal? Am I missing anything, where can I lose on this deal? What additional info do I need, what questions should I ask?

Thanks!

Tim2189 · 01-04-2009, 01:38 AM

post link

dont forget your taxes, reg fee, dmv fee, doc fee, so your looking at around $5,000 out of pocket

01-04-2009, 02:07 AM

You don't want to put any money down for cap cost reduction, (google search if you don't know what this means its basicly an illusion into making you payments lower by paying money up front, you rather keep that 3500 in pocket and make slightly higher payments and just pay the taxes and fees.)

I just got a friend 08 335i Sport Premium 459 Month, with 1400 drive off (all towards fees 0 towards cap cost reduction) Plus tax on New Years Eve after getting all 25-30 dealerships in SoCal to compete for the best deal and the dealership that was the lowest I believe has 1-2 more cars left at this price.

01-03-2009, 11:41 PM	#1
madrider New Member 0 Rep 13 Posts Drives: X5 Join Date: Dec 2008 Location: SoCal iTrader: (0)	Is this a good lease deal? What info do I need? I saw a posting for the following today: 2008 335i Montego Blue,Premium Package,Sport Package and more ! $389 Per Month Plus tax for 36 months. 10K miles per year. $3,500 total due at signing Is this a good deal? Am I missing anything, where can I lose on this deal? What additional info do I need, what questions should I ask? Thanks!
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01-04-2009, 01:38 AM	#2
Tim2189 Russian in a Bimmer 566 Rep 5,619 Posts Drives: X5 M50i Join Date: Jul 2008 Location: Brooklyn NY iTrader: (3)	post link dont forget your taxes, reg fee, dmv fee, doc fee, so your looking at around $5,000 out of pocket __________________ 2013 X6 - retired 2015 X6 - retired 2015 435GC - retired 2018 X5 40e - retired 2020 X5 M50i - Current
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01-04-2009, 02:07 AM	#3
RemovedUser Guest 0 Rep n/a Posts Drives:	You don't want to put any money down for cap cost reduction, (google search if you don't know what this means its basicly an illusion into making you payments lower by paying money up front, you rather keep that 3500 in pocket and make slightly higher payments and just pay the taxes and fees.) I just got a friend 08 335i Sport Premium 459 Month, with 1400 drive off (all towards fees 0 towards cap cost reduction) Plus tax on New Years Eve after getting all 25-30 dealerships in SoCal to compete for the best deal and the dealership that was the lowest I believe has 1-2 more cars left at this price.
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