Quote:
Originally Posted by x5love
believe it or not, still in negotiation!
i called about 5 BMW dealerships in my area and they all gave me quotes above 710 a month for the car. I even went down to two and tried to negotiate in person, got down to 1500 over invoice at both, and the same quote that I was getting from my dealer to begin with.
Unless all the BMW dealers in los angeles county and surrounding areas are conspiring against me, I guess I just have to deal.
My dealer told me that between february, march, and april's lease rates, she's going to take the most affordable one and apply it to my lease, so the monthly number is not set in stone.
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Congrats on your 335i order!
Now, what you need to do is find out what the Money factor is (that they're quoting you on) and make sure they're not jacking up the MF (interest rate) on you for the best deal.
Here's your Feb., '08 MF and Lease rates (Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms)...
http://www.bimmerfest.com/forums/sho...d.php?t=260678
2008 BMW 335i Coupe
24 Month – Residual 68% of MSRP – .00245 Base Rate
36 Month – Residual 58% of MSRP – .00245 Base Rate
48 Month – Residual 42% of MSRP – .00275 Base Rate
60 Month – Residual 34% of MSRP – .00275 Base Rate
2008 BMW 335xi Coupe
24 Month – Residual 68% of MSRP – .00245 Base Rate
36 Month – Residual 58% of MSRP – .00245 Base Rate
48 Month – Residual 44% of MSRP – .00275 Base Rate
60 Month – Residual 35% of MSRP – .00275 Base Rate
2008 BMW 335i Sedan
24 Month – Residual 71% of MSRP – .00210 Base Rate
36 Month – Residual 61% of MSRP – .00210 Base Rate
48 Month – Residual 42% of MSRP – .00275 Base Rate
60 Month – Residual 35% of MSRP – .00275 Base Rate
2008 BMW 335xi Sedan
24 Month – Residual 71% of MSRP – .00210 Base Rate
36 Month – Residual 61% of MSRP – .00210 Base Rate
48 Month – Residual 43% of MSRP – .00275 Base Rate
60 Month – Residual 35% of MSRP – .00275 Base Rate
2008 BMW 335i Convertible
24 Month – Residual 69% of MSRP – .00275 Base Rate
36 Month – Residual 59% of MSRP – .00275 Base Rate
48 Month – Residual 45% of MSRP – .00275 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate
Anything higher than what's shown here and they're trying to screw you. So, make sure you get that $1,500 > invoice AND whatever MF is shown above (or less if the lease rates change in March or April). G/L.