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BMW 3-Series (E90 E92) Forum
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Please friends tell me...is this a good deal?
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08-05-2007, 09:11 PM | #1 |
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Please friends tell me...is this a good deal?
3 yr lease
2007 BMW 328i sedan - montego/black Demo car (3,300 miles on it) $4,000 TOTAL out of pocket (tax, fees...etc.) $390/mo for 12,000 miles a year and they'll pay my last $450 payment on my mercedes lease tells me they are discounting the car 2,000...has auto, power seats on both sides....but that's it. I think MSRP is 35,800. Any thoughts? I was thinking of checking around at other dealers for demos? THANK YOU SO MUCH FOR ADVICE. |
08-05-2007, 09:43 PM | #2 |
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I never suggest putting money down on a lease, unless of course you are paying upfront taxes at drive off. What's your adjusted cap cost? Doesn't sound like a great deal there, but more details are needed. Sounds like a pretty base model car.
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08-05-2007, 09:49 PM | #3 |
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I think that's quite expensive considering you'll be pay for almost half the car. Remember that residual after 3 years is 62% for 12k/year so you should only be paying about 38%.
For reference please go here- http://www.bmwusa.com/vehicles/3/328...=4&duration=36 That car only has auto and you're only allowed 10k/year and that's without any discount. Im sure you can do better than the offer you got. |
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08-05-2007, 11:59 PM | #4 |
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i don't think that's a good deal on a sedan. you should be able to get that deal on a brand new one(no demo, with 0 miles) for the same or even better. On a coupe, thats a OK deal.
Danny |
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08-06-2007, 12:51 AM | #5 |
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Drives: 2011 BMW 335 White on Black
Join Date: Jun 2007
Location: Northridge, Caifornia
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nah man.. thts no good...
im paying for a new car basically fully loaded, premium, nav, power seats all that good stuff, also with a safe lease(900 bucks, its so if u have scratches or dents at the end of the lease they cant say shit)and lo-jack(1200 dollars) and my car was like 41,600 after all that with tax, i put 3500 down and im paying 468 a month also i get 12,000k a year to drive with
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08-06-2007, 01:02 AM | #6 |
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Pricing really matters where you are located. For example, in the midwest (especially in Wisconsin from what I have learned) you don't get the same type of deals as those in NY and CA. Even with the poor competition here in WI, I managed a $440/mo lease with $3k due at delivery without even negotiating (328 w/ auto, prem, cold weather, metallic). So if you look at your numbers, you are getting a worse deal on a car that has likely been abused. My friends that work at dealerships all say to stay clear of the demos. Think about how people test drive bmws, zero chance of a healthy break-in for sure. Dealers also take the demos out for a spin first and thoroughly abuse them when they arrive.
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08-06-2007, 09:59 AM | #7 | |
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Quote:
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08-06-2007, 01:39 PM | #8 |
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thank you
really appreciate all this..I guess I thought it was an ok deal..not great.
But after reading this, I dont even think that anymore. Thanks...I'll explore new ones. |
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08-06-2007, 04:35 PM | #9 |
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