New Lease Apr/08 328xi-Ontario Best Price?

bpopman · 01-19-2008, 08:06 AM

okay..so so my wife wants a 2008 black 328xi auto with premium..she will be driving approx. 30k/year and our current lease is done on Apr.8/08

I know the lease rate is 4.9% and have been quoted 841.72 for 39 mths w/4607.09 down w/97500 km for lease.total cost of lease
all at MRSP of $49150k with cost of admin 299.pdi1295.freight.700.gas tax 75..ac tax 1000.ppsa 52.76

I have never really negotiated a lease as last car was Leasebusters so my question is:

How much can I expect to negotiate this down for and what freebies can I expect? Is it better to do the deal at month end to meet sales#'s? Best dealer/salesperson to deal with in Ontario?

If anyone can educate me it would be much appreciated?

aspiring335 · 01-19-2008, 09:37 PM

I think that you should be able to reduce the selling price by at least $1,500. I'm assuming that the monthly payment you're quoting is including tax?

Either way it seems pretty expensive, particularly with a hefty downpayment, but I guess you are putting a lot of miles on the car so the residual must quite low.

ojungoon · 01-20-2008, 12:16 AM

hey! That's seems too high for me.
just for your reference, I'm paying $30 more
per month for my 335 coupe. I had the same amount of
down payment.

When u negotiate, always talk down from retail price!
also I'm sure u could get 5-6% off of the retail!
trust me and don't settle for less!

BEST of LUCK

bpopman · 01-20-2008, 08:17 AM

4607 is the first lease paym, pdi, security and all the other cost and fees.....residual is 25k

amalgamator · 01-20-2008, 03:42 PM

i am sure that you can drop it down, i have a similar package with the extra kms, and i'm paying approximately the same for a 335 coupe.

shop around...you never know what other prices other sales associates would or could give you.

aspiring335 · 01-20-2008, 07:32 PM

Some of the dealers out West still have several '07s with lease rates as low as 2.0%. Might be worth looking around for an '07 328xi. An interest rate 2.9% lower will mean much lower payments.

eugene335 · 01-21-2008, 08:39 AM

I am not sure if one can get 5-6% off retail in GTA. I believe typical discounts are around 4%. If there is such a dealer, please let me know as I would be of interest in dealing with them.

01-19-2008, 08:06 AM	#1
bpopman Registered 0 Rep 2 Posts Drives: A4 and TDI Join Date: Aug 2005 Location: Ontario, Canada iTrader: (0)	New Lease Apr/08 328xi-Ontario Best Price? okay..so so my wife wants a 2008 black 328xi auto with premium..she will be driving approx. 30k/year and our current lease is done on Apr.8/08 I know the lease rate is 4.9% and have been quoted 841.72 for 39 mths w/4607.09 down w/97500 km for lease.total cost of lease all at MRSP of $49150k with cost of admin 299.pdi1295.freight.700.gas tax 75..ac tax 1000.ppsa 52.76 I have never really negotiated a lease as last car was Leasebusters so my question is: How much can I expect to negotiate this down for and what freebies can I expect? Is it better to do the deal at month end to meet sales#'s? Best dealer/salesperson to deal with in Ontario? If anyone can educate me it would be much appreciated?
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01-19-2008, 09:37 PM	#2
aspiring335 Lieutenant Colonel 95 Rep 1,614 Posts Drives: 2019 G05 40i Join Date: May 2006 Location: Toronto, Canada iTrader: (0) Garage List 2006 330i [0.00]	I think that you should be able to reduce the selling price by at least $1,500. I'm assuming that the monthly payment you're quoting is including tax? Either way it seems pretty expensive, particularly with a hefty downpayment, but I guess you are putting a lot of miles on the car so the residual must quite low. __________________ 2019 G05 40i (premium excellence, m-sport, 2VR), Tesla Model S 100D, Nissan Leaf SL Volvo XC90 T8, Subaru Outback, E84 X1 28i, E91 328i xdrive, 6MT, VW Touareg TDI, E90 330i, E46 325iT, MINI Cooper S (all retired)
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01-20-2008, 12:16 AM	#3
ojungoon First Lieutenant 10 Rep 323 Posts Drives: E92 335i Join Date: Sep 2007 Location: GTA iTrader: (1)	hey! That's seems too high for me. just for your reference, I'm paying $30 more per month for my 335 coupe. I had the same amount of down payment. When u negotiate, always talk down from retail price! also I'm sure u could get 5-6% off of the retail! trust me and don't settle for less! BEST of LUCK
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01-20-2008, 08:17 AM	#4
bpopman Registered 0 Rep 2 Posts Drives: A4 and TDI Join Date: Aug 2005 Location: Ontario, Canada iTrader: (0)	4607 is the first lease paym, pdi, security and all the other cost and fees.....residual is 25k
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01-20-2008, 03:42 PM	#5
amalgamator Private First Class 9 Rep 140 Posts Drives: 535xi Join Date: Nov 2007 Location: toronto. iTrader: (1)	i am sure that you can drop it down, i have a similar package with the extra kms, and i'm paying approximately the same for a 335 coupe. shop around...you never know what other prices other sales associates would or could give you.
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01-20-2008, 07:32 PM	#6
aspiring335 Lieutenant Colonel 95 Rep 1,614 Posts Drives: 2019 G05 40i Join Date: May 2006 Location: Toronto, Canada iTrader: (0) Garage List 2006 330i [0.00]	Some of the dealers out West still have several '07s with lease rates as low as 2.0%. Might be worth looking around for an '07 328xi. An interest rate 2.9% lower will mean much lower payments. __________________ 2019 G05 40i (premium excellence, m-sport, 2VR), Tesla Model S 100D, Nissan Leaf SL Volvo XC90 T8, Subaru Outback, E84 X1 28i, E91 328i xdrive, 6MT, VW Touareg TDI, E90 330i, E46 325iT, MINI Cooper S (all retired)
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01-21-2008, 08:39 AM	#7
eugene335 Private 0 Rep 51 Posts Drives: 2008 AW BMW 335i w/Steptronic Join Date: Jan 2008 Location: Toronto, Ontario, Canada iTrader: (0)	I am not sure if one can get 5-6% off retail in GTA. I believe typical discounts are around 4%. If there is such a dealer, please let me know as I would be of interest in dealing with them. __________________ 2008 335 Coupe Alpine White, Steptronic, Sport Pkg, Parktronic
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