[Ronnb]

I went to look at a new 335i sedan. The dealer offered this up. But the numbers to me are a rip.

MSRP 44500
MF .0024
Res 58%
Down 1700
12k Year
Payment with 6% Tax = 764

I should have made them print this one off, but this seems way high. Also what at the MF number for Nov and Dec on a 335i sedan, thanks Ron

[LI E90]

First thing first Your dealer is marking up the MF, second, without the cap cost reduction I cannot really figure out HOW BAD this deal is..

Oh and December rates are not out yet, BMW usually releases the new rates on teh 5the 5th of each month..

2009 BMW 335i Sedan
24 Month – Residual 67% of MSRP – .00175 Base Rate
36 Month – Residual 60% of MSRP – .00175 Base Rate
48 Month – Residual 41% of MSRP – .00285 Base Rate
60 Month – Residual 34% of MSRP – .00285 Base Rate

[SfValley335i]

Very bad deal... Payments should be in the $500s.... $690+ would be payments for a e92 335....

Bargin bargin bargin... Tell them $550 including tax or you're walking away! If they dont call you back, just goto another dealer and say X dealership offered me X ($100 lower than the actual monthly price) and see what that dealer says. If they accept, goto the next one and lower it $100 or $75 etc each time until you get rejected right off the bat.

[Ronnb]

Yeah another dealer offered one up at 650. But im going to keep looking. Thanks for the info. Looks like the MF is what was screwing, and along with the price they wanted for the car, again thanks Ron

[seanl]

$764/mo sounds like a horrible deal. For comparison's sake, I bought my 335 (MSRP $45650, paid $41750+ttt) and I am paying $777/mo with zero down and 0.9% financing. Lease pmts should be a few hundred $/mo less....

[Ronnb]

Yeah he came down real quick after i jumped them. Now he offer is 625 per month, 0 down, but im still pondering. Its a nice car, and loaded with 6 spd. Ron

[dpwr]

Originally Posted by Ronnb

Yeah he came down real quick after i jumped them. Now he offer is 625 per month, 0 down, but im still pondering. Its a nice car, and loaded with 6 spd. Ron

hehe from 764 to 625 just like that, what a bunch of crooks

[Ronnb]

Yeah they lost a deal there. I talked to another dealer, and the cut a super deal on the phone. So they won me over by not trying to hose me from the get go. Ron

[Sal@AUTOcouture]

Originally Posted by Ronnb

Yeah they lost a deal there. I talked to another dealer, and the cut a super deal on the phone. So they won me over by not trying to hose me from the get go. Ron

over the phone and in person are COMPLETELY different things. Alot of dealers say whatever it takes to get you in the door...

Don't be surprised if things change once you get there.

[Ronnb]

True thats why i asked for a fax, and he said no problem. But theres always a switch and bait going on. Ron

[nicknaz]

Originally Posted by SfValley335i

Tell them $550 including tax .

So what net cap cost, MF, residual, mileage and contract length did you get to go along with that monthly payment?

[SfValley335i]

Originally Posted by Nick Nazareno

So what net cap cost, MF, residual, mileage and contract length did you get to go along with that monthly payment?

I was paying $550 including tax on my 335 sedan in March 07, sticker was 44k I think I got 1k off sticker or so. Mileage was 10k 24month lease. I had $1800 drive off and 1k cap reduction.

Sept 2008, went to dealer and they were going to give me a 335 COUPE, with auto, prem package and sports package for $550 with $1800 drive off only. 12k miles for 36 months!!!! You just need to cut to the chase and know what their tipping point is. I think they offered me this deal because 2009 cars were on the boat...

Again, just goto the dealer find an e90 with a sticker of atleast 44k and say your ready to sign if they give you the following deal.... Say you were already approved at another dealer and BMW FS has your paper work.

$1800 drive off
12k miles a year
36 months
$550 including taxes

Within the first 5 minutes they'll say oh thats impossible or let me go ask my manager... And will come back with an offer $75-$100 more and say NO, $550 or I'm leaving... I didnt come here to bargin or waste both of our time.

BE DEMANDING!!!

[Dmitriy@AUTOcouture]

Dude that is a horrible deal. Go back and spit in his face.

[nicknaz]

Originally Posted by SfValley335i

I was paying $550 including tax on my 335 sedan in March 07, sticker was 44k I think I got 1k off sticker or so. Mileage was 10k 24month lease. I had $1800 drive off and 1k cap reduction.

Based on those figures I'm ballparking $43k net cap cost, 69% residual, .0021 money factor. For a 10k 24month lease, that is a typical deal (those are around the BMW FS lease rates in effect around the time you got the car, and $1k below MSRP is a fairly typical price as well)

I'm glad you got the car for a monthly payment that suits your needs, but keep in mind that you have a very low mileage limit (which is why you got a fairly high residual) and that doesn't work for a lot of people. You also leased back when BMW subsidized more of the leasing cost with high residuals

I don't necessary think the OP is getting a 'bad' deal, it merely reflects the reality that BMW has lowered the residual values to be more in line with actual value of the car after the lease.

OP, don't pay a cap cost reduction, shop around credit unions to see if you can get a better MF and residual than what BMW FS is negotiating, and negotiate up from the invoice price, not down from MSRP. don't compare deals on older vehicles with older BMW FS lease rates. it isn't realistic for the market forces that are currently in play

[Proper Motion LLC]

I was offered 399 (430 with taxes) on a 08 335 sedan with the exact same 44.5K MSRP. That was 3 years $4500 down and 10000 miles a year. I was being offered invoice price on that lease.

[jlstyle]

RIP OFF.

[madrider]

09AlpineTTSedan,

Who in OC has the $399 deal? What packages were included?

Thanks!

[HappyG]

Anyone who puts a large down on a lease... well, shouldn't.