First time BMW buyer. Is this a good deal on a 328i lease

dsantos08 · 11-11-2009, 09:57 PM

Hi, I'm about to buy my first BMW. It's a 2009 328i Coupe. Jet black with the saddle interior. Steptronic, premium, and sport. They told me I'm getting a good deal because they only have two 2009's left, and they want to get rid of them.

The MSRP is 43,950.
They are discounting: 3,450
Selling Price: $40,500

For a 1000 total drive off, they want 563/month (including tax) They said the lease deal includes the 1,500 holiday rebate.

I've already went in twice. I think 563 a month for a 328i coupe is a little high and its a 2009 too. I really want the 335i coupe but my price range is only around 550 a month including tax.

So is this a good lease deal for a 328i coupe? I'm located in the bay area. Anyone have any connections or recommendations?

Sebastian_e90 · 11-11-2009, 11:45 PM

Get more quotes. Don't believe a word they say either. I'd say check out Weatherford, as they have the biggest selection, although they have terrible service. Also East Bay and Concord seemed like they were willing to make a deal, at least from my experiences.

That seems very high to me, I believe you can get a 2010 for that price, but don't quote me as I haven't tried.

jopa489 · 11-11-2009, 11:45 PM

I disagree, that sounds about right. You're essentially putting zero down toward the lease - that $1000 is covering security deposit and acquisition fee. Mid-500s tax included is making sense to me in this case. San Francisco is 9 or 9.5% sales tax, right? That means $50+ of your payment is tax alone, making the actual lease payment closer to $500.

IMO, you won't get a $44k 2010 for this price.

ZuerstBMW · 11-12-2009, 12:08 AM

Just tell them youll pay 550 tax included for it. It is a good deal.

dsantos08 · 11-12-2009, 12:37 AM

I'm actually co-signing with my parents. And since they just turned in a BMW lease back in june, they are waving the security deposit and reimbursing the 300 lease return fee or something. So that 1000 drive off does not have a security deposit. The 563 a month is based on 9.25% tax.

I was reading this forum and I saw that someone in FL got a 335 for 1500 drive off and 570 a month with tax. So thats why I thought this was too high.

dsantos08 · 11-12-2009, 12:41 AM

I also want montego blue with the saddle interior. So essentially I am settling with this car because I don't really like the black exterior color. Should I just wait it out for a 2010 in the color I like? Do you think I'll be able to get a similar deal on a 2010 or should I just get this?

goodstuff448 · 11-12-2009, 12:42 AM

For an 09 you should be able to getting a better deal since 10's are coming in. I think 1000 above invoice or better, plus the holiday rebate for a total of 500 under invoice would be a great deal. You can probably get a good deal on the 2010's i would talk to an internet sales manager at the dealer not a sales person for the best deal.

dsantos08 · 11-12-2009, 01:05 AM

They said they were under invoice already selling me the car @ 40.5K.

deletedelete · 11-12-2009, 01:07 AM

Wow, 43k and 550 a month seems high for a 328 but I have no idea though. I thought my 335xi was in the 40s?

Sebastian_e90 · 11-12-2009, 01:23 AM

Quote:

Originally Posted by dsantos08

They said they were under invoice already selling me the car @ 40.5K.

Check out the invoice pricing:

http://www.docshare.com/doc/195457/2...tial-Wholesale

Keep in mind that the '10's are coming in, and they don't want the '09's anymore as they are just decreasing in value. I'm no expert, but I feel you can get a better deal, especially if you're settling on the color.

jessea · 11-12-2009, 08:56 AM

It seems high. I am about to order a 2010 328i w/Xdrive with a MSRP of $42620 for $530 a month INCLUDING NYC tax 0 down payment, other than the upfront fees.

You should be able to get less for a 2009.

Tim2189 · 11-12-2009, 11:05 AM

Quote:

Originally Posted by jessea

It seems high. I am about to order a 2010 328i w/Xdrive with a MSRP of $42620 for $530 a month INCLUDING NYC tax 0 down payment, other than the upfront fees.

You should be able to get less for a 2009.

that sounds like a good deal

leasing company or dealer?

GT1281 · 11-12-2009, 11:53 AM

Seems a bit high

jopa489 · 11-12-2009, 03:14 PM

Quote:

Originally Posted by jessea

It seems high. I am about to order a 2010 328i w/Xdrive with a MSRP of $42620 for $530 a month INCLUDING NYC tax 0 down payment, other than the upfront fees.

You should be able to get less for a 2009.

That's a fantastic deal, especially for a car you're ordering and not taking from inventory.

black07sport · 11-12-2009, 04:22 PM

I sent you a PM

dsantos08 · 11-12-2009, 09:57 PM

Went to another dealer and I think I got a better deal. Silver 335i coupe with premium package, auto, HD radio, n iPod adapter. Msrp is 48k.

1000 drive off n 596 a month inc tax.

Should I get it?

deletedelete · 11-12-2009, 09:59 PM

Quote:

Originally Posted by dsantos08

Went to another dealer and I think I got a better deal. Silver 335i coupe with premium package, auto, HD radio, n iPod adapter. Msrp is 48k.

1000 drive off n 596 a month inc tax.

Should I get it?

Almost the same price for a 335 instead of the 328. Yes, do that deal!

FFBaller · 11-15-2009, 11:05 AM

The lease deals are actually better for the 2010's now than the 2009's because of the new lease programs. Just bought a 2010 328i coupe with higher MSRP than a 2009 with a slightly lower MSRP that the dealer had.

amlebede · 11-15-2009, 02:48 PM

Sounds like a decent deal. I would buy rather than lease though.

dsantos08 · 11-16-2009, 12:55 AM

Just bought the 328i coupe tonight. Got it down to 1000 drive off at 512 a month with 12,000 miles a year. They were willing to go to 501 a month but it only had 10,000 miles a year. So for 10 bucks more, I went with the 512 inc tax a month.

I think I got a pretty good deal.

ZuerstBMW · 11-16-2009, 01:01 AM

Quote:

Originally Posted by dsantos08

Just bought the 328i coupe tonight. Got it down to 1000 drive off at 512 a month with 12,000 miles a year. They were willing to go to 501 a month but it only had 10,000 miles a year. So for 10 bucks more, I went with the 512 inc tax a month.

I think I got a pretty good deal.

Yes, you did.

FFBaller · 11-16-2009, 06:12 AM

Quote:

Originally Posted by dsantos08

Just bought the 328i coupe tonight. Got it down to 1000 drive off at 512 a month with 12,000 miles a year. They were willing to go to 501 a month but it only had 10,000 miles a year. So for 10 bucks more, I went with the 512 inc tax a month.

I think I got a pretty good deal.

What options? What's the MSRP? Anything down?

11-11-2009, 09:57 PM	#1
dsantos08 First Lieutenant 13 Rep 308 Posts Drives: e92 335i Join Date: Nov 2009 Location: Los Angeles iTrader: (6)	First time BMW buyer. Is this a good deal on a 328i lease Hi, I'm about to buy my first BMW. It's a 2009 328i Coupe. Jet black with the saddle interior. Steptronic, premium, and sport. They told me I'm getting a good deal because they only have two 2009's left, and they want to get rid of them. The MSRP is 43,950. They are discounting: 3,450 Selling Price: $40,500 For a 1000 total drive off, they want 563/month (including tax) They said the lease deal includes the 1,500 holiday rebate. I've already went in twice. I think 563 a month for a 328i coupe is a little high and its a 2009 too. I really want the 335i coupe but my price range is only around 550 a month including tax. So is this a good lease deal for a 328i coupe? I'm located in the bay area. Anyone have any connections or recommendations?
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11-11-2009, 11:45 PM	#2
Sebastian_e90 SFGI4NT 33 Rep 1,185 Posts Drives: Yes Join Date: Jun 2009 Location: Bay Area, CA iTrader: (4) Garage List 2007 328i [9.00]	Get more quotes. Don't believe a word they say either. I'd say check out Weatherford, as they have the biggest selection, although they have terrible service. Also East Bay and Concord seemed like they were willing to make a deal, at least from my experiences. That seems very high to me, I believe you can get a 2010 for that price, but don't quote me as I haven't tried.
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11-11-2009, 11:45 PM	#3
jopa489 Major General 122 Rep 6,594 Posts Drives: Anything with Wheels Join Date: Mar 2009 Location: USA iTrader: (9)	I disagree, that sounds about right. You're essentially putting zero down toward the lease - that $1000 is covering security deposit and acquisition fee. Mid-500s tax included is making sense to me in this case. San Francisco is 9 or 9.5% sales tax, right? That means $50+ of your payment is tax alone, making the actual lease payment closer to $500. IMO, you won't get a $44k 2010 for this price. __________________ X7 LCI // Incoming C7 ZR1 ZTK // Sebring + TRX // Hydro + Raptor Gen1 Roush // Tuxedo
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11-12-2009, 12:08 AM	#4
ZuerstBMW ¡Viva España! 373 Rep 7,803 Posts Drives: 2023 230i Mineral White Join Date: Mar 2006 Location: Apollo Beach, FL. iTrader: (68)	Just tell them youll pay 550 tax included for it. It is a good deal. __________________ 23 G42 230i Mineral White Cognac, Aluminum With Mesh Effect Interior Trim MODS Clear Guard, 15% Ceramic Tint, Floating Caps
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11-12-2009, 12:37 AM	#5
dsantos08 First Lieutenant 13 Rep 308 Posts Drives: e92 335i Join Date: Nov 2009 Location: Los Angeles iTrader: (6)	I'm actually co-signing with my parents. And since they just turned in a BMW lease back in june, they are waving the security deposit and reimbursing the 300 lease return fee or something. So that 1000 drive off does not have a security deposit. The 563 a month is based on 9.25% tax. I was reading this forum and I saw that someone in FL got a 335 for 1500 drive off and 570 a month with tax. So thats why I thought this was too high.
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11-12-2009, 12:41 AM	#6
dsantos08 First Lieutenant 13 Rep 308 Posts Drives: e92 335i Join Date: Nov 2009 Location: Los Angeles iTrader: (6)	I also want montego blue with the saddle interior. So essentially I am settling with this car because I don't really like the black exterior color. Should I just wait it out for a 2010 in the color I like? Do you think I'll be able to get a similar deal on a 2010 or should I just get this?
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11-12-2009, 12:42 AM	#7
goodstuff448 First Lieutenant 18 Rep 328 Posts Drives: BSM M2, MGray Tacoma, e46 Join Date: Feb 2008 Location: San Francisco iTrader: (5)	For an 09 you should be able to getting a better deal since 10's are coming in. I think 1000 above invoice or better, plus the holiday rebate for a total of 500 under invoice would be a great deal. You can probably get a good deal on the 2010's i would talk to an internet sales manager at the dealer not a sales person for the best deal.
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11-12-2009, 01:05 AM	#8
dsantos08 First Lieutenant 13 Rep 308 Posts Drives: e92 335i Join Date: Nov 2009 Location: Los Angeles iTrader: (6)	They said they were under invoice already selling me the car @ 40.5K.
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11-12-2009, 01:07 AM	#9
deletedelete Major General 361 Rep 5,873 Posts Drives: m Join Date: Nov 2008 Location: usa iTrader: (14) Garage List 2013 e92 M3 [0.00] 2011 e93 M3 (sold) [0.00] 2009 335xi (sold) [0.00]	Wow, 43k and 550 a month seems high for a 328 but I have no idea though. I thought my 335xi was in the 40s? __________________ ---> Click For xi/xDrive Suspension Compatibility List <---
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11-12-2009, 08:56 AM	#11
jessea Private 13 Rep 63 Posts Drives: 2010 328xi Join Date: Nov 2009 Location: NYC iTrader: (0)	It seems high. I am about to order a 2010 328i w/Xdrive with a MSRP of $42620 for $530 a month INCLUDING NYC tax 0 down payment, other than the upfront fees. You should be able to get less for a 2009.
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11-12-2009, 11:53 AM	#13
GT1281 Major 63 Rep 1,375 Posts Drives: F30 330e/F25 X3 Join Date: Apr 2009 Location: USA iTrader: (6)	Seems a bit high
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11-12-2009, 04:22 PM	#15
black07sport Enlisted Member 6 Rep 40 Posts Drives: 2010 Alpine White E92 M3 Join Date: Oct 2009 Location: new jersey iTrader: (0)	I sent you a PM __________________ 2010 E92 M3 6spd (Current) 2007 E92 335i - JB3 + BMS DCI (Sold) 2005 BMW M3 Convertible (sold) 2005 Subaru WRX 400+ AWHP (sold) 2002 Jeep Grand Cherokee (sold)
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11-12-2009, 09:57 PM	#16
dsantos08 First Lieutenant 13 Rep 308 Posts Drives: e92 335i Join Date: Nov 2009 Location: Los Angeles iTrader: (6)	Went to another dealer and I think I got a better deal. Silver 335i coupe with premium package, auto, HD radio, n iPod adapter. Msrp is 48k. 1000 drive off n 596 a month inc tax. Should I get it?
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11-15-2009, 11:05 AM	#18
FFBaller Private 2 Rep 63 Posts Drives: 2010 328i Coupe, M Sport Pkg Join Date: Nov 2009 Location: NYC iTrader: (0)	The lease deals are actually better for the 2010's now than the 2009's because of the new lease programs. Just bought a 2010 328i coupe with higher MSRP than a 2009 with a slightly lower MSRP that the dealer had.
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11-15-2009, 02:48 PM	#19
amlebede Guest 36 Rep 611 Posts Drives: 2006 BMW 330i Join Date: Apr 2009 Location: Chapel Hill, NC iTrader: (0)	Sounds like a decent deal. I would buy rather than lease though. __________________ 2006 Black BMW 330i, Black interior, ZSP, ZPP, Logic 7, Xenon, Ipod, Satellite Radio Preparation, Moonroof, 12'' 2 P2 subwoofers running on KAC-7204 amplifier, Hardwired Escort Passport 8500, Hardwired Garmin Nuvi 650 on Kuda Mount. tutor,math tutoring,math tutoring,test prep,tutoring jobs,tutoring blog
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11-16-2009, 12:55 AM	#20
dsantos08 First Lieutenant 13 Rep 308 Posts Drives: e92 335i Join Date: Nov 2009 Location: Los Angeles iTrader: (6)	Just bought the 328i coupe tonight. Got it down to 1000 drive off at 512 a month with 12,000 miles a year. They were willing to go to 501 a month but it only had 10,000 miles a year. So for 10 bucks more, I went with the 512 inc tax a month. I think I got a pretty good deal.
	Appreciate 0 Quote