Good deal or not?

gscone · 03-09-2006, 10:14 AM

Hi Guys/Gals, I'm grateful I found this awesome forum. My wife and I are currently in the market for a 330i lease and this is the deal I am getting. Not sure if it is a good, decent or terrible deal so here goes...

2006 330i
Steptronic
Sports package
Mettallic Paint
Navigation system

$0 down
36 months
15k/yr
$599 month with taxes and bank fee all rolled in.

Does this sound like a good or bad deal? Supposedly the dealer tells me he is taking $1200 off MSRP.

GC

ben1364 · 03-09-2006, 10:39 AM

Quote:

Originally Posted by gscone

Hi Guys/Gals, I'm grateful I found this awesome forum. My wife and I are currently in the market for a 330i lease and this is the deal I am getting. Not sure if it is a good, decent or terrible deal so here goes...

2006 330i
Steptronic
Sports package
Mettallic Paint
Navigation system

$0 down
36 months
15k/yr
$599 month with taxes and bank fee all rolled in.

Does this sound like a good or bad deal? Supposedly the dealer tells me he is taking $1200 off MSRP.

GC

I know next to nothing about leasing or financing. I am however, interested in the fact that you are currently driving a G45 which is a very niice vehicle and somewhat larger. Are you keeping it or turning it in?

gscone · 03-09-2006, 11:12 AM

Quote:

Originally Posted by ben1364

I know next to nothing about leasing or financing. I am however, interested in the fact that you are currently driving a G45 which is a very niice vehicle and somewhat larger. Are you keeping it or turning it in?

I also drive the M45 SPort, Not G45.

We are keeping the M45 SPort. The 330i will be my wife's car.

GC

marketman · 03-09-2006, 03:51 PM

looks like a good deal to me.

carnuts3 · 03-15-2006, 07:08 PM

Quote:

Originally Posted by gscone

Hi Guys/Gals, I'm grateful I found this awesome forum. My wife and I are currently in the market for a 330i lease and this is the deal I am getting. Not sure if it is a good, decent or terrible deal so here goes...

2006 330i
Steptronic
Sports package
Mettallic Paint
Navigation system

$0 down
36 months
15k/yr
$599 month with taxes and bank fee all rolled in.

Does this sound like a good or bad deal? Supposedly the dealer tells me he is taking $1200 off MSRP.

GC

From your data I estimate that your dealer is making approx $2000 above invoice - a little rich. If you can get them to go $1500 above invoice, your mo payments will go to approx $584. By the way, avg expected dealer profit for a 330i appears to be $1000 - 1500 above invoice. On the plus side, it looks like your dealer is using the published March captive lease rates and residuals for your lease (MF .00195; Residual 62%).
Good luck.

gscone · 03-15-2006, 08:28 PM

Here is my deal:

2006 330i
Steptronic
Sports package
Premium Package
Mettallic Paint
Sirius Prep

$0 down
36 months
12K/yr
$578 month with taxes and bank fee all rolled in.

We agreed to a price of $41.2K No other dealer even came remotely close.

03-09-2006, 10:14 AM	#1
gscone First Lieutenant 23 Rep 349 Posts Drives: 2016 Porsche Turbo, 2017 BMW M Join Date: Mar 2006 Location: NJ iTrader: (0)	Good deal or not? Hi Guys/Gals, I'm grateful I found this awesome forum. My wife and I are currently in the market for a 330i lease and this is the deal I am getting. Not sure if it is a good, decent or terrible deal so here goes... 2006 330i Steptronic Sports package Mettallic Paint Navigation system $0 down 36 months 15k/yr $599 month with taxes and bank fee all rolled in. Does this sound like a good or bad deal? Supposedly the dealer tells me he is taking $1200 off MSRP. GC Last edited by gscone; 03-09-2006 at 11:16 AM..
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03-09-2006, 03:51 PM	#4
marketman Private First Class 3 Rep 153 Posts Drives: 2000 323it Join Date: Jan 2006 Location: Melbourne FL iTrader: (0)	looks like a good deal to me. __________________ Live now. THere will be plenty of time to be dead later.
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03-15-2006, 08:28 PM	#6
gscone First Lieutenant 23 Rep 349 Posts Drives: 2016 Porsche Turbo, 2017 BMW M Join Date: Mar 2006 Location: NJ iTrader: (0)	Here is my deal: 2006 330i Steptronic Sports package Premium Package Mettallic Paint Sirius Prep $0 down 36 months 12K/yr $578 month with taxes and bank fee all rolled in. We agreed to a price of $41.2K No other dealer even came remotely close.
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