[bimmerlex]

Originally Posted by persian54

if you can get $1800 drive off, $550 a month, take it :P

that's the deal I had to turn down since my aunt decided to get a C350 instead....

Can you hook me up with this deal? my lease is due in two months.

[lopealle]

i think i got screwed by my dealer. i was told leasing the car then buying it after was the way to go. i pay $786 for 3 years. i had put $1k down but the car is damn there fully loaded. with only 10k miles per year.

[Jty421]

I just ordered a 335i E90 M-sport for my g/f..MSRP $50,200 2k down 36 months/12k miles per year...$630 a month tax included...what do you guys think about this deal?

[HsiangHsu]

Originally Posted by whiteonredm6

I just ordered a 335i E90 M-sport for my g/f..MSRP $50,200 2k down 36 months/12k miles per year...$630 a month tax included...what do you guys think about this deal?

my family just a deal for a 335i E90 M-Sport... MSRP $51,xxx 0 down 36 month/15k miles per year with nav, prem, back up sensor, i-pod for $750 a month tax included...

[Rex32]

I'm thinking you guys are right - if I could find an 08 335i under 30k I would definitely pull the trigger... Is that a responsible price to search for?


Thanks,

Mike

[jefflieb]

'10 335d

ED via out of state dealer

0 down
7 security deposits ~$5000
list price 56K LOADED
cap cost 46K with eco credit

Payment $680/mth w/tax

[335OK]

09 335i coupe
msrp 58k,
4k down 15k/year, 36 months 368+ tax

[ezy20004]

How do leasetrader work? Does that go by your credit? I was thinking about that?

[Htown09]

leasetrader you pay a small fee and you can get pre-qualified for credit. You can then contact seller's and see how much they paid for the lease. Great way to get into a car without paying any downpayment; there are some good deals of guys trying to get out of a lease.

I got my car through them, had 6k miles, 30k limit and with incentives it was 470$ per month. Still had new car smell, actually still has that smell at 14k miles.

[DOUT]

2009 e90 335i M Sport
Fully Loaded, Every Option
Steptronic
Tire Insurance
$694/Month After Tax
About $3,000.00 down

[Donald-335i]

2008 E92 6MT

Every Option -IDrive
$0 Down
$469 a Month

[Outlaw 06]

I still don't see how leasing a vehicle makes any financial sense unless it's leased by a business (as a company car) and the payments are made with before tax income.

[Jeff@TopGearSolutions]

Only way to get the payments lower is to naturally put more down.

I was looking into leasing, and actually almost decided on putting about $4000 down, with another $4000 in refundable security deposits.

What that meant was it was bringing down the actualy cost of leasing the car for about $2000 over the course of the next 3 years. (as opposed to just putting 4k down).

After the 3 years when the lease was up, you get the $4000 back as well.

Thinking out loud, what kind of investment can you make where you put $4000 into something and can guarantee a return of $2000 in 3 years? Not many products I can think of. (approx 20% interest)

That idea is best for those with room to play with money.

I ended up just financing the car since I qualified for 1.9% but thats a different story

AS far as the actual payments, BMW is great because there arent really any teirs, you either qualify or you dont, where you have some movement is in the price of the car, and making sure you are getting the lowest "money factor" at the time.

You can ask for this money factor, and try and get the cost of the car as close to invoice as possible. Thats about the best you can do on a lease with BMW.

With Japanese cars, they have teirs, partially based on credit, and partially based on how bad they want to "bend you over". So sometimes they can set you up with a $350 a month for $1000 down type deal, but the probably have room for that same price with $0 down... you never know, unless you have an in with the finance manager.

I think the best deals are cars that are less then a year old, remember the car devalues the most in the first couple years. Picking up a 1 year old, low mileage 6-10K is practically like new. Those are the best bang for the buck for the newest cars.

[StatenEye]

Originally Posted by TJDiCandido

I still don't see how leasing a vehicle makes any financial sense unless it's leased by a business (as a company car) and the payments are made with before tax income.

I actually wrote this a while ago when i was debating on whether to buy or lease....Now that i reread it i wrote this when contemplating buying my car after the lease vs. leasing a new car...


I just went through this. Below is how i approached it, after plenty of contemplation.

Its not going to be worth it.

You pay 600 a month over 60 months to finance the car, after the 60 months the car will be worth maybe 8k. So that's 31k + 5k in finance charges and taxes totaling 36k financed over 5 years. 36k out of your pocket and in 5 years you can sell it for 8k so that's 28k out of you pocket. If you lease a new 335i for around 550 a month that's 20k in payments and another 5k due at signing.

buy old car
-36k over 5 years after you sell -28k 7200 per year
Upside cheaper over 5 years.
Downside after 5 years the car a fraction of what you bought it at.
Driving an outdated car that is going to, sooner then later, run into problems.
I am not sure if it will be warranted over 50k miles. If not you will have to purchase an extended warranty.

New Car
-25k over 3 years 8333 per year
Upsides
You get a brand new car
Full warrantee, no worries.
Don't have to worry about selling

Time line
Buy CPO 5 years = 36k 7.36k per year you sell the car at 8k it cost you around 28k over 5 years 5.6k a year

New Lease - first 3 years 25k Return car lease another 5k signing 24 months at 550 (25kfirst lease + 2nd lease due at signing + 24months of the lease 6600 = 36.6k over 5 years 7.32k per year

over 5 years you will save around 8k not including the extended warranty. figure at least 5k for the extended warranty putting you at +3k if you by vs. lease.

In the long run u will save $, but is it enough money to out weigh the downsides of buying a CPO? Don't get me wrong a CPO is still a great car but i didn't think i would save enough money to make me go that direction.

[StatenEye]

Originally Posted by Donald-335i

2008 E92 6MT

Every Option -IDrive
$0 Down
$469 a Month

Damn i got ripped off. lol

$596 per month 5k down. Fully loaded minus logic 7 and ski hole in the rear seats.

[Outlaw 06]

Originally Posted by medeiro

... I just went through this. Below is how i approached it, after plenty of contemplation.

Its not going to be worth it.

You pay 600 a month over 60 months to finance the car, after the 60 months the car will be worth maybe 8k. So that's 31k + 5k in finance charges and taxes totaling 36k financed over 5 years. 36k out of your pocket and in 5 years you can sell it for 8k so that's 28k out of you pocket. If you lease a new 335i for around 550 a month that's 20k in payments and another 5k due at signing...

I still don’t see any advantages to leasing a vehicle.

I generally never finance a vehicle for more than 36 months at a low “special” APR. The monthly payments are high, but they’re over in three years.

My philosophy is if I can’t afford to pay off the car in 36 months, then I can’t afford the car (but I did recently finance my 335i for 48 months @ 0.9%).

The last new car I bought was my wife’s 2006 Acura MDX. I paid $34,100 + tax, tag, etc., and put $3,500 down. I financed it for 36 months @ 2.9% APR. My payment from September 2006 through September 2009 was $935 month. We now own a nice, reliable Acura vehicle that’s worth about $19k. Over the past 40 months, the MDX (with tax) has cost me $18k, or $454/month. The MDX is still in great shape, so if we keep it for another 3 years, we’re way ahead of those who leased a similar vehicle.

The same holds true for any new car if you purchase it with special low financing rates.

[Jeff@TopGearSolutions]

Originally Posted by TJDiCandido

I still don’t see any advantages to leasing a vehicle.

I generally never finance a vehicle for more than 36 months at a low “special” APR. The monthly payments are high, but they’re over in three years.

My philosophy is if I can’t afford to pay off the car in 36 months, then I can’t afford the car (but I did recently finance my 335i for 48 months @ 0.9%).

The last new car I bought was my wife’s 2006 Acura MDX. I paid $34,100 + tax, tag, etc., and put $3,500 down. I financed it for 36 months @ 2.9% APR. My payment from September 2006 through September 2009 was $935 month. We now own a nice, reliable Acura vehicle that’s worth about $19k. Over the past 40 months, the MDX (with tax) has cost me $18k, or $454/month. The MDX is still in great shape, so if we keep it for another 3 years, we’re way ahead of those who leased a similar vehicle.

The same holds true for any new car if you purchase it with special low financing rates.

That's the key to the equation.

[StatenEye]

Originally Posted by TJDiCandido

I still don’t see any advantages to leasing a vehicle.

I generally never finance a vehicle for more than 36 months at a low “special” APR. The monthly payments are high, but they’re over in three years.

My philosophy is if I can’t afford to pay off the car in 36 months, then I can’t afford the car (but I did recently finance my 335i for 48 months @ 0.9%).

The last new car I bought was my wife’s 2006 Acura MDX. I paid $34,100 + tax, tag, etc., and put $3,500 down. I financed it for 36 months @ 2.9% APR. My payment from September 2006 through September 2009 was $935 month. We now own a nice, reliable Acura vehicle that’s worth about $19k. Over the past 40 months, the MDX (with tax) has cost me $18k, or $454/month. The MDX is still in great shape, so if we keep it for another 3 years, we’re way ahead of those who leased a similar vehicle.

The same holds true for any new car if you purchase it with special low financing rates.

Factor in the usage/mileage. If you finance and max out a car over 3 years you end up with a 45k mile car which would severely contribute to the deprecation of the vehicle.

If you lease the car your basically paying for the 45k miles and if you do not use the miles you do not get your moneys worth.

Basically i advise those who use the car as a DD and pile on the miles to definitely lease!! Those who keep the car mint and put on around 5k miles a year, I advise you to buy.

There is no definite answer to what is cheaper, it all has to be put into context. For my situation, fiscally, there is not enough of a difference to sway me either way, therefore my decision is based on other factors; I like getting a new car at the end of my lease and i like the freedom of putting on as many miles as i want, (obviously keeping under the dealer allotment) and not worrying about the resale value of the car.

In regards to your Acura it sounds like you got the car for a very competitive price, from my knowledge a base model MDX starts at 34k. That in addition to your 3 year financing has brought your total below the average paid for financing the vehicle. Furthermore you have kept the car in great condition and kept the miles low. So in the end you paid 40k(Taxes + principle + financing + fees) for the car - the 18k resale value = -22k out of pocket (im not sure if you have to pay taxes when you resell the car or a broker fee if someone else sells it for you). To lease a Acura MDX say its 600 a month over 3 years with 2500k down would net a -24100. Basically saving you 2k, 4k to be safe..

If you decide to keep the vehicle and not sell it this is where you will make your money. But this is where leasing has its benefits of getting a brand new car. This is the point where I chose leasing was right for me. It all depends on your preference and situation.

[Outlaw 06]

Originally Posted by medeiro

...In regards to your Acura it sounds like you got the car for a very competitive price, from my knowledge a base model MDX starts at 34k. That in addition to your 3 year financing has brought your total below the average paid for financing the vehicle. Furthermore you have kept the car in great condition and kept the miles low. So in the end you paid 40k(Taxes + principle + financing + fees) for the car - the 18k resale value = -22k out of pocket (im not sure if you have to pay taxes when you resell the car or a broker fee if someone else sells it for you). To lease a Acura MDX say its 600 a month over 3 years with 2500k down would net a -24100. Basically saving you 2k, 4k to be safe..

If you decide to keep the vehicle and not sell it this is where you will make your money. But this is where leasing has its benefits of getting a brand new car. This is the point where I chose leasing was right for me. It all depends on your preference and situation.

I agree that I got a very good deal on the Acura MDX, but anyone can get similar deals if they wait for the right time to purchase their vehicle and get 2 or more dealers to bid against each other for the sale.

In September 2006, the Invoice on the 2006 MDX Touring (not a base model), including destination was $36,600 minus a $2,500 factory to dealer incentive that I took also (I let the dealer keep his holdback). I paid $34,100 and financed @ 2.9% APR for 36 months. The MSRP for the 2006 MDX Touring was $40,600.

[Dr_Dirt]

Originally Posted by HsiangHsu

my family just a deal for a 335i E90 M-Sport... MSRP $51,xxx 0 down 36 month/15k miles per year with nav, prem, back up sensor, i-pod for $750 a month tax included...

that really looks like a good deal from a money per mile point of view $27K = 45k miles @ 60 cents a mile.

some of these leases in here are approaching $1/mile

[OC Guy]

Originally Posted by TJDiCandido

I still don’t see any advantages to leasing a vehicle.

I generally never finance a vehicle for more than 36 months at a low “special” APR. The monthly payments are high, but they’re over in three years.

My philosophy is if I can’t afford to pay off the car in 36 months, then I can’t afford the car (but I did recently finance my 335i for 48 months @ 0.9%).

The last new car I bought was my wife’s 2006 Acura MDX. I paid $34,100 + tax, tag, etc., and put $3,500 down. I financed it for 36 months @ 2.9% APR. My payment from September 2006 through September 2009 was $935 month. We now own a nice, reliable Acura vehicle that’s worth about $19k. Over the past 40 months, the MDX (with tax) has cost me $18k, or $454/month. The MDX is still in great shape, so if we keep it for another 3 years, we’re way ahead of those who leased a similar vehicle.

The same holds true for any new car if you purchase it with special low financing rates.

What if you leased the car and put aside the extra money you would've saved every month (while making money on it) and paid the car off at the end vs. financing the car?

One advantage of a lease is less liability. If you get in an accident, you can turn in your car at lease end. If you get in an accident on a financed car, you are now stuck with a car with possibly a bad carfax record, which equates to more depreciation on your car.

[howiedds]

Almost Fully loaded (everything except adaptive cruise) 2009 e92 m-sport 335xi


about $6000 out of pocket (tire ins., taxes up front)
$0 down
AND they bought my 07 scion tC at owed amount to toyota. ( less than 30K miles, was worth $10k, but due to accident, appraiser said worth about 7K after work done. i owed 10.5K)
$700/ month

Good?