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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Getting 335i 4dr today!! 3k down 610/month. Good deal?



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      06-08-2008, 10:00 AM   #1
krypton
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Question Getting 335i 4dr today!! 3k down 610/month. Good deal?

I'm so excited!! I finally got the deal that I think is good, but wanted to check with all the pros on the forum before I sign anything.
Please don't hate if it's in the wrong section

the car has 48,300 invoice:
(4dr, premium/sport/navi/ipod)

The deal is for 2yr. lease 12k per month:
$3,000 total off the lot
$610/month
dealer throws in free rear three window tinting.

Does this sound reasonable to you guys? I started with 708 quote but i think that was an insult
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      06-08-2008, 10:04 AM   #2
andyffer
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well definitly if it was originally 708.
Im paying around that much (650) for my 325i sedan it has nav/power seats/and thats about it.

AND THATS A 3 YEAR LEASE!
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      06-08-2008, 10:37 AM   #3
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Sounds pretty good. I've got an 08' 328i coupe, $41k MSRP. $3,101 total out of pocket, $489/mo. for 36 months, 12k a year.
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      06-08-2008, 11:34 AM   #4
krypton
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guys, thanks for a quick reply. any pitfalls I should watch out for, when time comes for final car inspection and lease signing. Do floor mats come standard? Any of you guys with recent leases on 335i to compare?
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      06-08-2008, 11:54 AM   #5
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Quote:
Originally Posted by krypton View Post
I'm so excited!! I finally got the deal that I think is good, but wanted to check with all the pros on the forum before I sign anything.
Please don't hate if it's in the wrong section

the car has 48,300 invoice:
(4dr, premium/sport/navi/ipod)

The deal is for 2yr. lease 12k per month:
$3,000 total off the lot
$610/month
dealer throws in free rear three window tinting.

Does this sound reasonable to you guys? I started with 708 quote but i think that was an insult
As a general rule of thumb, avoid paying a down payment for a lease.

In the worst case scenario, if the vehicle is totaled, insurance would payoff the vehicle, but you would be out your down payment.

Think of it another way:
- Would you pay a "down payment" on an apartment to reduce the monthly rent?
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      06-08-2008, 12:00 PM   #6
pony_trekker
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Quote:
Originally Posted by krypton View Post
I'm so excited!! I finally got the deal that I think is good, but wanted to check with all the pros on the forum before I sign anything.
Please don't hate if it's in the wrong section

the car has 48,300 invoice:
(4dr, premium/sport/navi/ipod)

The deal is for 2yr. lease 12k per month:
$3,000 total off the lot
$610/month
dealer throws in free rear three window tinting.

Does this sound reasonable to you guys? I started with 708 quote but i think that was an insult
Think that's a fair deal. Don't do any cap cost reduction though. Everything you drop at the beginning is essentially a prepayment.
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      06-08-2008, 12:32 PM   #7
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Thats pretty decent.
Where is Cal are you located?
Which dealership gave you that deal?
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      06-08-2008, 12:40 PM   #8
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Quote:
Originally Posted by sofaonasock View Post
As a general rule of thumb, avoid paying a down payment for a lease.

In the worst case scenario, if the vehicle is totaled, insurance would payoff the vehicle, but you would be out your down payment.

Think of it another way:
- Would you pay a "down payment" on an apartment to reduce the monthly rent?
+1 I didnt put anything down, similar options and I pay less than 500/mo with tax. You could do about 550 to 600 at New Century bmw as 'Calvin' i think his name is- just ask for the internet sales dept- very straightforward guy. I would say ok to the deal if it had no money down and 15k a year. Also, there is a feature where you can waive any damage over $400 when you return the car- you can easily go over this and I don't like to worry about damage to the leased vehicle. good luck
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      06-08-2008, 09:15 PM   #9
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i only have sport on my 335i sedan and Metallic color its 0 down 3200 due at signing final cost (tax first last etc....) and its 471 a month.. people usually look at me crooked but yeah.. i am looking for a person to take over soon though.
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      06-09-2008, 08:37 AM   #10
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Thanks for all the reply's.

to: Darkkilla. I think your's is actually close to my deal. I'm paying $3000 due at signing=final cost. And I suppose if we added the price of Navigation, Premium Package, Automatic Transm, and Comfort Access to your car. The MSRP would be close to 4000 dollars higher. I believe it's about $30/month for every 1000$ so it comes out to about $611. Almost identical.

I appreciate all of your responses. Car is being driven from the bay to sacramento and if anyone is curious I will be dealing with Niello BMW in Sac. I will post my review of the dealers and how things went down after I sign the lease.

I think the point about money down is valid (money lost if your car is totaled) but on the other hand, money down decreases the residual money on which you are charged currently >5% interest on. Just food for thought.

Cheers.
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