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      05-02-2012, 05:01 PM   #1
miracle113
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Lease quote

Hi guys,

I'm pretty new to this forum, but I've once owned a 99 M3 and would like to get back into a Bimmer.

So I was talking to a dealership for 328i sportline,

I only wanted the 8 speed with no other options

Here is what they provided

MSRP $38775
Selling $36995
36 month
12k/yr
$2000 drive offs
$3150 Refundable security (MSD i presume)
$1000 BMW incentive

$437.23/ mo


What do you guys think? Can I get a even better deal?

Thanks a lot!
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      05-02-2012, 05:40 PM   #2
Ryan9095
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What is MSD Refundable Security?
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      05-02-2012, 05:49 PM   #3
miracle113
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The multiple security deposit. It lowers the money factor.
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      05-02-2012, 05:55 PM   #4
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I recently ordered a very similar car: 328i sportsline w/ sports transmission (Alpine White)

This was the deal I was able to negotiate:

10k/36mo
MSRP: $38,795
Discount: $2850 (includes $1000 for Drive for team USA event)
Cap Cost: $35,945
Cap Cost Reduction: $0
Fees: $725 Acquisition + $450 Title/Tag/Doc
8 Security Deposits (refundable): $3600
65% Residual .0019MF (.00141 effective w/ additional security deposits)

This comes out to $417.57 a month, including sales tax.
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      05-02-2012, 05:56 PM   #5
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Is it smarter to put money in MSD rather than a down payment? Is it a 100% guarantee you can get it back? Also is $3k the max?
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      05-02-2012, 06:02 PM   #6
JustinTJ
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Quote:
Originally Posted by Ryan9095 View Post
Is it smarter to put money in MSD rather than a down payment? Is it a 100% guarantee you can get it back? Also is $3k the max?
http://lmgtfy.com/?q=bmw+multiple+security+deposits
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      05-02-2012, 06:04 PM   #7
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Considering you have 12k/yr I think our deals are very similar. I give it a
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      05-02-2012, 10:56 PM   #8
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I posted this in the other big lease thread, but here's what I got...

2012 328
Sapphire Black
Premium Package
Sport Package
Satellite Radio
Tech Package
Heated Seats
Split Rear Seats
Bluetooth USB

MSRP 45,600
Purchase Price 41,600
No Down Payment
MSD x 7 ($4000)
MF 0.00142
36 m 12k/year
Total OTD for me was $4,907 ($4000 was the security deposit)
Monthly payment with tax: $493
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      05-03-2012, 12:15 AM   #9
miracle113
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you guys think i can get it to 400 a month?
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      05-03-2012, 12:36 AM   #10
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Yeah you can.
Did you get the 300 off from the App coupon? Download the iphone or Android app for BMW and then you can sign up for a test drive to get a coupon for 300 off. Easy peasy.

Ask them for another 4-500 off...I think it's doable.
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      05-03-2012, 09:12 AM   #11
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You have to remember prices are going to vary by location. I have noticed that most dealers on the west coast seem be more willing to offer higher discounts. Your best bet is to talk to all of your dealers in your area and get them to bid for your sale and use that as leverage.

This is a pretty good tool to check if you are getting a good deal: http://www.ridewithg.com/calculator/index.html
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      05-03-2012, 11:45 AM   #12
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Quote:
Originally Posted by jj970 View Post
Yeah you can.
Did you get the 300 off from the App coupon? Download the iphone or Android app for BMW and then you can sign up for a test drive to get a coupon for 300 off. Easy peasy.

Ask them for another 4-500 off...I think it's doable.
I'm pretty sure this only works if you have an active loan with BMWFS.
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      05-04-2012, 02:14 AM   #13
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Hat you know about shabadoo? Haha...that brings me back.
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