pbm317

Okay, my girlfriend is set on getting a 325Xi. So no arguments about that or better cars.. just need help dealing with the lease. I've never tried to negotiate on a lease before.

What the dealer told me is 5,300 down, and then 210 a month. Total = $10,340 Do you think it's possible to work him down to 5000 down and 200 a month (my gf's target numbers)? Total = $9,800. These numbers would be tax included which is Massachusetts is like 5% or something. It's a 2 year lease, 10,000 miles per year. Could I do even better than my girlfriend's goal??

Oh and the car stickers for $33.370, if that matters.

Thanks for your input!

ElTianti

Wow, $10k to have a car for two years an no more than 20K miles. I knew there was a reason why I don't lease cars.

steve c

10,000 dollar loan for 48 months + 5 grand cash will get you a 15,000 car at around 200 a month -- and you will own it. Of course I'd just buy a 5 grand civic and call it a day ...

pbm317

Thanks for that input, but it's not very constructive... she's in boston for 2 years, doesn't want to buy a car, really likes the 325Xi... so any inputs on the lease itself?

xpander4

you're getting ripped up to shreds....the whole point of leasing is so you put 0 down....

i.e. I got my S2000 (MSRP of 32,800) for 0 down 419$/month

you need to go on some bmw forums and find out what others paid

under-rated

[QUOTE]Originally posted by pbm317
Okay, my girlfriend is set on getting a 325Xi.

under-rated

It's a BMW you will not find that type of lease on a Bimmer. Honda had a lease on the S2000 with 5k down, and the monthly was 450.00 that was a laugh. Yeah; you can ket a KIA 1k down, with those low monthly's. PICK THAT BMW UP!!!!

xpander4

its nice to not have to put anything down, 210/mo is pretty low though

under-rated

BMW dealers are usually firm on their finances, there's little or no room to negotiate.... (It's pretty much either yay or nay.) I'm sure the dealer might swing a 0 down at 400 / month, IF AVAILABLE.

What's 5k down with a low monthly of $210.00 - NOTHING MUCH!!! Either way the dealer is going to get paid.

rsa

Back of the napkin numbers: Say the residual is $21,000. $33,000-$21,000=$12,000. What's it cost to borrow $33,000 for two years? 5% per year? That's $3,300. Plus the $12,000 is $15,300. Subtracting your $5,000 down leaves $10,300. Divided by 24 months is $430 per month.

And the dealer ONLY wants five thousand down and two hundred a month?! Something's out of kilter: 1) My numbers are way wrong, 2) the lease is subvented, 3) the dealer made a mistake and the offer won't be on the table next time, or 4) the dealer DIDN'T make a mistake and the offer won't be on the table next time.

Run the numbers on http://leasecompare.com/ and see what comes up...

Stu