HELP

sidetracked3 · 03-24-2008, 07:56 AM

Ok I need some help guys, I almost got a 135 Saturday but told the guy I wanted to think about it. Here is my story, I have a 2001 330ci that is paid for that I use for my daily driver. The car has about 85000 but is in GREAT condition. I am the 2nd owner and the first was a 70 year old doctor that babied it. The salesman is the one that sold it to the first guy and me. Now BMW only wants to give me 11,000 for the car which I think is low. So I told the salesman I was thinking about leasing a new 135. I have NEVER leased a car before so I do not know the process. I hardly keep a car for more than a year or two so I figured this might work out better for me. So I told him to get me some figures. He came back with around 465 a month. Which isnt bad but I was not aware that you can haggle with them on price on a lease car. So do you think I have any room to haggle with them on the price of the 135 and my car or does this seem like a good deal?

BMW Dreamer · 03-24-2008, 08:02 AM

Actually $11,000 is right in line for trade in value on that car, your lucky they didn't offer $8-9,000.

sidetracked3 · 03-24-2008, 08:03 AM

They offered 9000 at first and I told them no way then they came back with 11. So do you think I should take it or try to sell it myself and get a little more?

randomquickness · 03-24-2008, 08:26 AM

I would try to sell it private party. You will surely get more that way. If you don't feel like dealing with the private party and your too eager to get in a 1er then just take the 11 and be greatful they gave you that. JMO

sidetracked3 · 03-24-2008, 08:55 AM

But should I try and get them to come down on the price of the car itself? They are currently asking 42340.

pinksnyper · 03-24-2008, 09:10 AM

there is not much room to negotiate on the price of a 135, but other members have been quoted $500 below MSRP on occassion. There is another thread about that...but the $11,000 isn't bad for a trade if you're eager beaver :smile:

you SHOULD, however, make sure they don't kill you on other fees like acquisition and misc. other stupid things they use to boost profit. There are pretty good website detailing what can and can't be negotiated on a lease.

BMW Dreamer · 03-24-2008, 10:06 AM

Remember you will save aprox $770 in taxes @7% with a trade. So its like getting $11,770 for the trade. Plus you get to keep your 330ci until the 135i comes in which will take 8-12 weeks. If you sell it yourself you should be able to get $13-14k, but good luck. First you have to pay to put it for sale, then wash it every time somebody wants to look at it, then you have to make appointments hoping they show up? Then after many have looked at it, you finally get a buyer, then he/she can't get finance approval. Just a PAIN in the @$$ selling yourself to save $2k, or aprox $30 a month on the payment. Thats if you can sell it for what you want/need.?????

SORRY, but just trying to help you see the whole picture. Plus you don't know who is buying it. Maybe a NUT who has problems, then comes back some late night to scratch your new 135i. IT HAS HAPPENED. I am not paranoid, just realistic.

sidetracked3 · 03-24-2008, 10:46 AM

Ok here is what the are offering me.

11,000 for my trade
41000 for the the car
MF=0.00315
9000 down 2000 in cash back from trade in
3 yr/ 15000 miles
payment will be 479 a month

Should I take it or not?

coco_m3 · 03-24-2008, 10:57 AM

Lets take a look at it from Howie Mandell's Point of view.
Deal Or No Deal?
DEAL!
you will enjoy the 135i so much more!!!
you wont regret taking that deal!

sidetracked3 · 03-24-2008, 11:26 AM

Well the car is there, it was one already there. It is black with the red interior. And if I do this it has to be today. The said the only way to give me 11000 for my car is if they can get it to the sale tomorrow. So I have to decide on this today. Anyone else have an opinion? I am really just torn, my current car is in great shape and I really like it and it is PAID for. But I love the 135 too but not sure I want to shell out 479 a month. But my 330 has 85000 miles on it and I will not get anything for it if I keep it to much longer. So do I just keep driving the 330 til the wheels fall off or do I go for the 135? AHHHHHHHHHHHHHHHHHHHHHHHHH

sidetracked3 · 03-24-2008, 12:06 PM

I need some opinoins ppl.

reo5001 · 03-24-2008, 12:11 PM

like you said your current car is not getting any younger, its only going to be going down in price. 479 a month for a 41k 135i is great...I am crazy to pay 600 but the car is too nice...

Motorsports_3 · 03-24-2008, 04:18 PM

Quote:

Originally Posted by sidetracked3

Ok here is what the are offering me.

11,000 for my trade
41000 for the the car
MF=0.00315
9000 down 2000 in cash back from trade in
3 yr/ 15000 miles
payment will be 479 a month

Should I take it or not?

That is insane. You will be putting 9000 down on a lease and still pay 479? They are trying to rip you off. I am buying mine. My car is 37,175 plus tax title.... I am Financing around 29000 for 6 years and paying the same. You might want to consider looking into purchasing it for that price.

sidetracked3 · 03-24-2008, 08:33 PM

Thats what I was thinking. This is my first time trying to lease and I am not sure how it works but I thought putting that much down would bring my payment down a lot.

View Poll Results: keep my 330ci or get 135
keep my paid off 330ci	4	33.33%
get a leased 135	8	66.67%
Voters: 12. You may not vote on this poll

03-24-2008, 07:56 AM	#1
sidetracked3 New Member 9 Rep 19 Posts Drives: 2017 BMW M3 Join Date: Mar 2008 Location: Alabama iTrader: (0)	HELP Ok I need some help guys, I almost got a 135 Saturday but told the guy I wanted to think about it. Here is my story, I have a 2001 330ci that is paid for that I use for my daily driver. The car has about 85000 but is in GREAT condition. I am the 2nd owner and the first was a 70 year old doctor that babied it. The salesman is the one that sold it to the first guy and me. Now BMW only wants to give me 11,000 for the car which I think is low. So I told the salesman I was thinking about leasing a new 135. I have NEVER leased a car before so I do not know the process. I hardly keep a car for more than a year or two so I figured this might work out better for me. So I told him to get me some figures. He came back with around 465 a month. Which isnt bad but I was not aware that you can haggle with them on price on a lease car. So do you think I have any room to haggle with them on the price of the 135 and my car or does this seem like a good deal?
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03-24-2008, 08:02 AM	#2
BMW Dreamer Colonel 72 Rep 2,387 Posts Drives: Modded 06 TL Manual Join Date: Apr 2008 Location: Northern IL. iTrader: (0)	Actually $11,000 is right in line for trade in value on that car, your lucky they didn't offer $8-9,000.
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03-24-2008, 08:03 AM	#3
sidetracked3 New Member 9 Rep 19 Posts Drives: 2017 BMW M3 Join Date: Mar 2008 Location: Alabama iTrader: (0)	They offered 9000 at first and I told them no way then they came back with 11. So do you think I should take it or try to sell it myself and get a little more?
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03-24-2008, 08:26 AM	#4
randomquickness Brigadier General 219 Rep 3,668 Posts Drives: 996tt Join Date: Sep 2008 Location: Georgetown, TX iTrader: (13)	I would try to sell it private party. You will surely get more that way. If you don't feel like dealing with the private party and your too eager to get in a 1er then just take the 11 and be greatful they gave you that. JMO __________________
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03-24-2008, 08:55 AM	#5
sidetracked3 New Member 9 Rep 19 Posts Drives: 2017 BMW M3 Join Date: Mar 2008 Location: Alabama iTrader: (0)	But should I try and get them to come down on the price of the car itself? They are currently asking 42340.
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03-24-2008, 09:10 AM	#6
pinksnyper Private First Class 3 Rep 182 Posts Drives: Join Date: Feb 2008 iTrader: (0)	there is not much room to negotiate on the price of a 135, but other members have been quoted $500 below MSRP on occassion. There is another thread about that...but the $11,000 isn't bad for a trade if you're eager beaver :smile: you SHOULD, however, make sure they don't kill you on other fees like acquisition and misc. other stupid things they use to boost profit. There are pretty good website detailing what can and can't be negotiated on a lease.
	Appreciate 0 Quote

03-24-2008, 10:06 AM	#7
BMW Dreamer Colonel 72 Rep 2,387 Posts Drives: Modded 06 TL Manual Join Date: Apr 2008 Location: Northern IL. iTrader: (0)	Remember you will save aprox $770 in taxes @7% with a trade. So its like getting $11,770 for the trade. Plus you get to keep your 330ci until the 135i comes in which will take 8-12 weeks. If you sell it yourself you should be able to get $13-14k, but good luck. First you have to pay to put it for sale, then wash it every time somebody wants to look at it, then you have to make appointments hoping they show up? Then after many have looked at it, you finally get a buyer, then he/she can't get finance approval. Just a PAIN in the @$$ selling yourself to save $2k, or aprox $30 a month on the payment. Thats if you can sell it for what you want/need.????? SORRY, but just trying to help you see the whole picture. Plus you don't know who is buying it. Maybe a NUT who has problems, then comes back some late night to scratch your new 135i. IT HAS HAPPENED. I am not paranoid, just realistic.
	Appreciate 0 Quote

03-24-2008, 10:46 AM	#8
sidetracked3 New Member 9 Rep 19 Posts Drives: 2017 BMW M3 Join Date: Mar 2008 Location: Alabama iTrader: (0)	Ok here is what the are offering me. 11,000 for my trade 41000 for the the car MF=0.00315 9000 down 2000 in cash back from trade in 3 yr/ 15000 miles payment will be 479 a month Should I take it or not?
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03-24-2008, 10:57 AM	#9
coco_m3 Brigadier General 167 Rep 4,311 Posts Drives: Supercharged E90 M3 Join Date: Mar 2008 Location: SL,UT iTrader: (1) Garage List 2008 BMW M3 [0.00] 2010 BMW E90 335i [0.00]	Lets take a look at it from Howie Mandell's Point of view. Deal Or No Deal? DEAL! you will enjoy the 135i so much more!!! you wont regret taking that deal! __________________
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03-24-2008, 11:26 AM	#10
sidetracked3 New Member 9 Rep 19 Posts Drives: 2017 BMW M3 Join Date: Mar 2008 Location: Alabama iTrader: (0)	Well the car is there, it was one already there. It is black with the red interior. And if I do this it has to be today. The said the only way to give me 11000 for my car is if they can get it to the sale tomorrow. So I have to decide on this today. Anyone else have an opinion? I am really just torn, my current car is in great shape and I really like it and it is PAID for. But I love the 135 too but not sure I want to shell out 479 a month. But my 330 has 85000 miles on it and I will not get anything for it if I keep it to much longer. So do I just keep driving the 330 til the wheels fall off or do I go for the 135? AHHHHHHHHHHHHHHHHHHHHHHHHH
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03-24-2008, 12:06 PM	#11
sidetracked3 New Member 9 Rep 19 Posts Drives: 2017 BMW M3 Join Date: Mar 2008 Location: Alabama iTrader: (0)	I need some opinoins ppl.
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03-24-2008, 12:11 PM	#12
reo5001 Private First Class 5 Rep 127 Posts Drives: Join Date: Feb 2008 iTrader: (0)	like you said your current car is not getting any younger, its only going to be going down in price. 479 a month for a 41k 135i is great...I am crazy to pay 600 but the car is too nice...
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03-24-2008, 08:33 PM	#14
sidetracked3 New Member 9 Rep 19 Posts Drives: 2017 BMW M3 Join Date: Mar 2008 Location: Alabama iTrader: (0)	Thats what I was thinking. This is my first time trying to lease and I am not sure how it works but I thought putting that much down would bring my payment down a lot.
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