E90Post
 


GT Haus
 
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) > Need advice on 2011 328XI Lease Deal



Reply
 
Thread Tools Search this Thread
      12-14-2011, 12:55 PM   #1
thashef
New Member
0
Rep
11
Posts

 
Drives: BMW X3 35i
Join Date: Nov 2011
Location: NC

iTrader: (0)

Need advice on 2011 328XI Lease Deal

I just got a deal on a 2011 328xi with Nav, Premium, Value, Heated Steering Wheel, Satellite Radio:

MSRP: $42,815
Selling Price: $35,320
Residual: 71% - $30,398
Money Factor: .00185
Drive Off: $3300 (first month, bank fee, tax, down payment) ~$2013 is going to down payment according to the dealer.

Term: 27 month / 12K miles

Payment: $316

Is this a good deal or something is not right. I tried BMWConfig site, but the numbers I am getting there are way off..
Appreciate 0
      12-14-2011, 02:27 PM   #2
btinl
First Lieutenant
4
Rep
358
Posts

 
Drives: '13 F30, '14 F25
Join Date: Jun 2007
Location: CT

iTrader: (2)

Your selling price looks good. It's less than the car I'm getting without navigation. I wouldn't give them a downpayment though. I don't see any financial benefit of giving the dealership any extra money.
Appreciate 0
      12-14-2011, 02:59 PM   #3
thashef
New Member
0
Rep
11
Posts

 
Drives: BMW X3 35i
Join Date: Nov 2011
Location: NC

iTrader: (0)

Quote:
Originally Posted by btinl View Post
Your selling price looks good. It's less than the car I'm getting without navigation. I wouldn't give them a downpayment though. I don't see any financial benefit of giving the dealership any extra money.
What are your payments looking like? If you don't mind. Using the BMW Config I am getting a payment of 260 instead of 316 based on selling price and residual.
Appreciate 0
      12-14-2011, 03:06 PM   #4
btinl
First Lieutenant
4
Rep
358
Posts

 
Drives: '13 F30, '14 F25
Join Date: Jun 2007
Location: CT

iTrader: (2)

Quote:
Originally Posted by thashef View Post
What are your payments looking like? If you don't mind. Using the BMW Config I am getting a payment of 260 instead of 316 based on selling price and residual.
posted all the info in the main leasing thread.
Appreciate 0
      12-14-2011, 03:45 PM   #5
Lrscpa
Second Lieutenant
Lrscpa's Avatar
United_States
7
Rep
233
Posts

 
Drives: 09 328i XDrive
Join Date: Jan 2007
Location: New Jersey

iTrader: (0)

Go to www.leaseguide.com, select the Lease Calculator link and enter the data.

I came out with a much lower payment, especially considering you are paying the tax up front.
Appreciate 0
      12-15-2011, 07:25 AM   #6
thashef
New Member
0
Rep
11
Posts

 
Drives: BMW X3 35i
Join Date: Nov 2011
Location: NC

iTrader: (0)

It seems like the sell price is really $37400. Using that number you get the correct number. He said that considering I was putting 2k down, he gave me the adjusted cap cost and not the gross cap cost.
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 01:39 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST