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05-24-2012, 09:59 PM | #1 |
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Leasing a 2013 135i Coupe
I am on the verge of placing an order for a 2013 135i coupe European Delivery. The dealer that I am buying from quoted the lowest price ($470 over invoice) for the car among the 20 others I contacted. But for some reason, I believe the monthly lease payment he quotes is too high.
ED MSRP - $42,500 (including tax, title and registration) Down - $1000 (first lease payment + title and registration) 36 months 12k miles/year Residual - $27000 Monthly lease payment - $628 Do you guys think it is a good deal ? Are the lease payments always high for a new 1 er model ? |
05-25-2012, 09:20 AM | #2 |
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Best thing I could tell you is to check out Leaseguide.com to plug in the numbers and see for yourself.
That said, $628 a month seems pretty high at first glance. What is the MSRP of your car if you configured it online and did not take into account ED? |
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05-25-2012, 12:04 PM | #3 | |
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US MSRP - $44,845 Leaseguide.com gives me $473 Btw, I am from Bloomington, IL too |
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05-25-2012, 12:27 PM | #4 |
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He could be marking up your lease terms. Ask him for the money factor and etc.
My car's price was 40.5 and I got it for around 530$ a month which includes the 10% California tax. |
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05-25-2012, 12:48 PM | #5 |
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Yes, I have mailed the dealer asking for his numbers. And I have sent him a snapshot of what leaseguide.com gave me.
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05-25-2012, 02:47 PM | #6 |
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He can't actually quote you lease payments on a 2013 yet, BMW FS hasn't provided them!
For now just work on the price of the car and make sure the options are cool, the lease rates you'll have to wait until July or so before BMW comes out with them (production starts in July) |
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05-25-2012, 07:10 PM | #7 |
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05-25-2012, 07:18 PM | #8 |
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05-25-2012, 07:24 PM | #9 | |
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Keep in mind that BMWFS charges a $725 acquisition fee. I got my car for the same terms 36 months 12k miles per year for $516+8.75% california tax. The negotiated price of the car was 40,590. MSRP was 43,245. Residual was 64% and the money factor was .00190. If you would like to see the contract, PM me. Hope this helps. |
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05-25-2012, 07:27 PM | #10 |
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05-26-2012, 08:41 AM | #11 | |
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And to echo what others are saying, I wouldn't pull the trigger until you know what the residual and money factor are. |
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05-26-2012, 11:27 AM | #12 | |
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05-26-2012, 11:28 AM | #13 |
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05-26-2012, 11:32 AM | #14 | |
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05-27-2012, 11:30 AM | #15 |
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You may want to hold off anyway since the 135is has been announced. Maybe that can be your leverage to get the monthly payment down once BMW releases the money factor and residual.
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05-31-2012, 10:04 PM | #16 |
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I placed an order for a 1er with MSRP of 48k with 15k p/y for $630 including taxes. Paid $800 over invoice.
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