Notices
Car Chat General discussion about Lexus, other auto manufacturers and automotive news.
Sponsored by:
Sponsored by: Innova

BMW Leasing Advice

Thread Tools
 
Search this Thread
 
Old Feb 12, 2008 | 01:21 PM
  #1  
FrankyJ's Avatar
FrankyJ
Thread Starter
Lexus Test Driver
CL Folding 25,000
 
Joined: Apr 2006
Posts: 983
Likes: 1
From: Sleep in Long Island, Dominican Parties in Queens
Default BMW Leasing Advice

I am thinking of leasing an '08 328XI
-Montego Blue
-Cream Beige Dakota Leather
-Premium Pkg
-Sport Pkg, Steptronic
-Sport Steering Wheel w/ Paddle Shifters
-Heated Fron Seats
-Light Poplar Nat. Wood Trim
-Nav
-Voice Act.
-iPod and USB adapter
-Real Time Traffic

Payment:
615/ month for 24 months
5700 Down
12k Miles
Reply
Old Feb 12, 2008 | 01:23 PM
  #2  
thetopdog's Avatar
thetopdog
Lead Lap
 
Joined: Jul 2006
Posts: 740
Likes: 0
From: MA
Default

I'm no expert on leases but both the down payment and the monthly payment seem high to me
Reply
Old Feb 12, 2008 | 01:28 PM
  #3  
DASHOCKER's Avatar
DASHOCKER
Lexus Fanatic
20 Year Member
Photogenic
Photoriffic
Shutterbug
iTrader: (2)
 
Joined: Jul 2004
Posts: 12,191
Likes: 10
From: NYC
Default

e90post.com is your best resource (see you there). That lease rate seems to be on par with similarly equipped 328's. Why such a high dp????? It is a lease.
Reply
Old Feb 12, 2008 | 01:29 PM
  #4  
RO87's Avatar
RO87
Driver
 
Joined: Oct 2006
Posts: 166
Likes: 0
From: AZ
Default

Huh I dont know much about leasing...but if you figure $5,700 + ($615x24 = $14,760) = $20,460 on a car for 24 months...
Reply
Old Feb 12, 2008 | 01:31 PM
  #5  
FrankyJ's Avatar
FrankyJ
Thread Starter
Lexus Test Driver
CL Folding 25,000
 
Joined: Apr 2006
Posts: 983
Likes: 1
From: Sleep in Long Island, Dominican Parties in Queens
Default

well the 5700 is including the first month payment and taxes so it comes out to 19864.78... MSRP is 46375 so if in 2 years this car would about 27 thousand then it would be worth just leasing... what do u think?
Reply
Old Feb 12, 2008 | 01:34 PM
  #6  
DASHOCKER's Avatar
DASHOCKER
Lexus Fanatic
20 Year Member
Photogenic
Photoriffic
Shutterbug
iTrader: (2)
 
Joined: Jul 2004
Posts: 12,191
Likes: 10
From: NYC
Default

Oh, I just realized your from NYC. Contact my sales guy Henry Lou at Rallye BMW, and get a lease quote.. He will give you a better deal
Reply
Old Feb 12, 2008 | 01:35 PM
  #7  
FrankyJ's Avatar
FrankyJ
Thread Starter
Lexus Test Driver
CL Folding 25,000
 
Joined: Apr 2006
Posts: 983
Likes: 1
From: Sleep in Long Island, Dominican Parties in Queens
Default

Originally Posted by DASHOCKER
Oh, I just realized your from NYC. Contact my sales guy Henry Lou at Rallye BMW, and get a lease quote.. He will give you a better deal
OK ill do that, and tell him that who sent me?
Reply
Old Feb 12, 2008 | 01:39 PM
  #8  
DASHOCKER's Avatar
DASHOCKER
Lexus Fanatic
20 Year Member
Photogenic
Photoriffic
Shutterbug
iTrader: (2)
 
Joined: Jul 2004
Posts: 12,191
Likes: 10
From: NYC
Default

Originally Posted by FrankyJ
OK ill do that, and tell him that who sent me?
Tell him Sean sent you. Let me know when you are prepared to see him so I can give him a heads up.
Reply
Old Feb 12, 2008 | 02:53 PM
  #9  
rominl's Avatar
rominl
exclusive matchup
20 Year Member
Liked
Community Favorite
Top Answer: 1
iTrader: (4)
 
Joined: May 2002
Posts: 81,765
Likes: 347
From: Lovely OC
Default

Originally Posted by FrankyJ
well the 5700 is including the first month payment and taxes so it comes out to 19864.78... MSRP is 46375 so if in 2 years this car would about 27 thousand then it would be worth just leasing... what do u think?
still, that means you are still putting a lot of money down, unless they are MSD that you are getting back at the end of lease

i never put money down for lease
Reply
Old Feb 12, 2008 | 05:14 PM
  #10  
FrankyJ's Avatar
FrankyJ
Thread Starter
Lexus Test Driver
CL Folding 25,000
 
Joined: Apr 2006
Posts: 983
Likes: 1
From: Sleep in Long Island, Dominican Parties in Queens
Default

so these are the real numbers, 2000 down+ First Month, Taxes and Security Deposit, then 615 a month for 24 months... 12K miles...
Reply
Old Feb 12, 2008 | 05:36 PM
  #11  
rominl's Avatar
rominl
exclusive matchup
20 Year Member
Liked
Community Favorite
Top Answer: 1
iTrader: (4)
 
Joined: May 2002
Posts: 81,765
Likes: 347
From: Lovely OC
Default

first of all i wouldn't even put 2k down, i never do down on lease

minus first month and other fees, how much deposit you are paying?! 1 month? that's for MSD? why just one?
Reply
Old Feb 12, 2008 | 06:14 PM
  #12  
LexFather
Guest
 
Posts: n/a
Default

What is the list price? BMW has the most aggressive lease rates in the industry, it should be much better.
Reply
Old Feb 12, 2008 | 06:19 PM
  #13  
rominl's Avatar
rominl
exclusive matchup
20 Year Member
Liked
Community Favorite
Top Answer: 1
iTrader: (4)
 
Joined: May 2002
Posts: 81,765
Likes: 347
From: Lovely OC
Default

Originally Posted by 1SICKLEX
What is the list price? BMW has the most aggressive lease rates in the industry, it should be much better.
not trying to argue, but i thought mb is even more aggressive. either way, leasing bmw / mb and you almost always get deals
Reply
Old Feb 12, 2008 | 06:28 PM
  #14  
LexFather
Guest
 
Posts: n/a
Default

Originally Posted by rominl
not trying to argue, but i thought mb is even more aggressive. either way, leasing bmw / mb and you almost always get deals
BMW and Infiniti are the most aggresive. You can lease a higher level car for the price of the competition. In other words, you can lease a 5 series for the price of a 3 series. INfiniti is already offering 0 down $349/379 deals on the EX 35 (which is BRAND new) and G35.
Reply
Old Feb 12, 2008 | 07:52 PM
  #15  
rominl's Avatar
rominl
exclusive matchup
20 Year Member
Liked
Community Favorite
Top Answer: 1
iTrader: (4)
 
Joined: May 2002
Posts: 81,765
Likes: 347
From: Lovely OC
Default

Originally Posted by 1SICKLEX
BMW and Infiniti are the most aggresive. You can lease a higher level car for the price of the competition. In other words, you can lease a 5 series for the price of a 3 series. INfiniti is already offering 0 down $349/379 deals on the EX 35 (which is BRAND new) and G35.
really? i should check them out
Reply



All times are GMT -7. The time now is 01:15 AM.