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BMW 3-Series (E90 E92) Forum
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2013 F30 328i xdrive lease - Is this a good deal?
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01-24-2013, 11:58 PM | #1 |
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2013 F30 328i xdrive lease - Is this a good deal?
Hi,
Wanted to know if this is a good deal: 2013 328i xdrive sedan sports ine Premium package (which includes navigation) Heated steering wheel Payment upon delivery: $5000 Per month payment: $673 (including tax) Lease term: 48 months Interest: 3.9% Residual approx: $21K Is there room to further negotiate? Thanks. Last edited by itrocks4u; 01-25-2013 at 08:26 AM.. Reason: lease payment includes tax |
01-25-2013, 06:51 AM | #2 |
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I would start with 7% off MSRP and go from there. You can also consider MSD to bring the financing cost down. Good luck.
PS: Heated steering wheel is really nice. I have been using mine in the last couple days. |
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01-25-2013, 07:09 AM | #3 | |
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01-25-2013, 08:26 AM | #5 |
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01-25-2013, 01:19 PM | #7 |
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OP, are you sure all your # are right ?
BMW.ca website says the residual after 48 mos is 50% which is $25,725 based on the options you have listed. Therefore, I cannot tell which # is right. You really have to do the correct way ... simply ask for 7.5% off the total list price + the current factory incentive and everything will calcuate accordingly. |
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01-25-2013, 01:24 PM | #8 | |
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01-25-2013, 08:28 PM | #10 |
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Drives: 2011 335is E93
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Scary isn't it? These cars are getting ridiculously expensive....
Imagine the coupe/convertible or even go up a notch to 335i - several hundred dollar jump each time you move up a model or coupe/convertible. Quite frankly I want to see how these cars hold up over the years and if we can get some better deals on them - I'd like an F33 335is if it won't cost me more than $700/month financed after coming off a 3-4yr lease used |
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01-26-2013, 02:21 PM | #11 |
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I don't understand why you can't bring new lease of finance cars from the US. I see all these nice lease deals that people got in the pricing/deals thread and it just makes me sad how I could have bought/leased a 335 for the same payments as that of my now 328!
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01-27-2013, 07:12 PM | #14 | |
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e9x CPO ftw |
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01-31-2013, 02:07 PM | #15 |
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673*48=(32,304)+(5,000)+(21,000+taxes) = over $60,000.
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Premium | Sport | 12mm rear spacers | Dinan Stage2 | |
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02-03-2013, 12:52 PM | #16 |
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Short version: it's too much
Long version: I have an Excel sheet that computes the yearly cost of ownership. I usually aim for sub-$7000 per year. The numbers you have provide come out to ~9300/ year. I almost got a lease on a F30 328 that would have come to 7050 / year, but the dealer didn't take it in the end; that said, had I have given 3000 extra (-> 7800 /year) I think they would have taken it. For comparison, my E90 CPO, which I aim to keep for 7 years in total), comes out to 5700/year (estimating 7000 in repairs during 3 years out of warranty). You friend would be paying 37000 over 4 years, which I think is simply too much (I don't think the vehicle will depreciate that much). That's basically what I paid for my '09 328 1 year ago (with extended warranty for 4 years); so, after 4 years, your friend would have to give back the car, while I would have a 6 years old car in my name (worth ~18000). |
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02-13-2013, 11:20 AM | #17 | |
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Added to the base cost were the interior leather and fabric treatment/insurance (because the car is oyster leather and light everything else I have small children) and I paid $500 out of pocket to have the car shipped from Montreal because there were none matching this spec in Mineral Grey in Ontario except for a demo car in Ottawa. With all of this, for the low mileage option (16k km/year) I am paying $688/month, tax-in, with a "down payment" around $1600 or $1700 or so (consisting of security deposit, first month's payment, and some incidentals - $200 towards the shipping, plates, etc.). I think that without the $800 of extra costs in the lease for shipping and the care package I would have ended up in the $665-$670 range, tax in, so that is the number I would shoot for if I were you, but without the $5k down payment. I could give you details an who I got the deal from (in Toronto), and I would be happy to email him for you to put the two of you together and try to get you the benefit of my negotiations (which I also got for my father in law, who leased one on the same terms a week later - he didn't have the extra care or shipping costs and he got the same terms, but also had a trade in so his number isn't as helpful for you). Best |
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02-14-2013, 07:45 AM | #19 |
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