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      11-15-2012, 05:02 PM   #1
alpinweiss 335i
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Lease Quote: M3 money for a 335xi M-sport?

What do you guys think about this quote?


2013 BMW 335i xDrive
M Sport Line
Cold Weather Pkg
Premium Package
Driver Assistance Pkg
Technology Package
Dynamic Handling Package
Rear-view camera
Heated front seats
Park distance control
Navigation system
BMW Apps
Harmon Kardon surround
BMW Assist with enhanced Bluetooth and USB


MSRP $60k


Lease, 36 Months, 18,000 miles/year
Monthly (incl. 8% tax): $821
Total Down: $2630


Really?
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      11-15-2012, 05:12 PM   #2
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That ain't M3 money man.

An equivalent M3 will run you $15K more, MSRP. And the lease payment would reflect. Probably $1100+/month for an M3.
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      11-15-2012, 05:18 PM   #3
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Quote:
Originally Posted by shicobico View Post
What do you guys think about this quote?


2013 BMW 335i xDrive
M Sport Line
Cold Weather Pkg
Premium Package
Driver Assistance Pkg
Technology Package
Dynamic Handling Package
Rear-view camera
Heated front seats
Park distance control
Navigation system
BMW Apps
Harmon Kardon surround
BMW Assist with enhanced Bluetooth and USB


MSRP $60k


Lease, 36 Months, 18,000 miles/year
Monthly (incl. 8% tax): $821
Total Down: $2630


Really?
Seems way too high. I have the same build and put zero down and my monthly is almost 30% cheaper. Granted I am doing 3 years/36,000 mi
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      11-15-2012, 05:23 PM   #4
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18k per year is a lot in terms of mileage, I'm not sure what residual they'll use to calculate that, honestly with that much mileage leasing probably doesn't make as much sense as buying it out right would and selling it when you're ready to move on. You aren't getting the benefit of a high residual and even though your payments would probably be close to $1k/month, at least when you're ready to sell the car you'll get some of that back.

It sounds like you could probably still get a bit out of it, without doing all the #'s ~$750 sounds like it'd be close. Ask to see what money factor they are giving you, along with the cap cost of the car (IE what they're actually selling you the car for). Just keep in mind at that point, you're putting almost $33k into it after 36 mos, which means purchasing it outright and selling the car afterwards would probably be a better bet.

Also keep in mind that if you put 54k on the car, you'll probably need to purchase (or want to purchase) a pro-rated extension on the warranty to cover your ass in case anything goes wrong at 52k.
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      11-15-2012, 05:44 PM   #5
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Quote:
Originally Posted by Cyberdemon View Post

Also keep in mind that if you put 54k on the car, you'll probably need to purchase (or want to purchase) a pro-rated extension on the warranty to cover your ass in case anything goes wrong at 52k.

Seriously, what are the odds of that? He's going to get an extended warranty package "just in case" he uses up the last ~7% of this mileage limitations, and "just in case" something goes wrong during those last few miles? Seems like a great way to throw away good money to me.
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      11-15-2012, 07:12 PM   #6
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PeteNJ,

What dealership did you deal with? $60k msrp for around $575/mo with $0 down sounds great.

I'm looking more in the $54k msrp range and would be thrilled to get a monthly around $500 or less on that. My last had a monthly of $660 at $50k.
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      11-16-2012, 06:19 AM   #7
alpinweiss 335i
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Quote:
Originally Posted by PeteNJ View Post
Seems way too high. I have the same build and put zero down and my monthly is almost 30% cheaper. Granted I am doing 3 years/36,000 mi

That's true. I am getting 30% more miles.
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      11-16-2012, 06:20 AM   #8
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Quote:
Originally Posted by EnerJi View Post
Seriously, what are the odds of that? He's going to get an extended warranty package "just in case" he uses up the last ~7% of this mileage limitations, and "just in case" something goes wrong during those last few miles? Seems like a great way to throw away good money to me.


With BMW, the odds are HIGH!
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