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      05-02-2008, 01:41 AM   #1
Hamann_M3
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Dealer trying to screw me...thinks that im stupid!!!!

MY car came in wayyyy before its production date...so i go in to pick her up today at 10:30....Looks hellaaa good....so we sit down to do the paper work and work out the payments....So he says lets do 3 years/ 12k miles with 3k down... he brings back a figure which i was like ummmm okay... so he got $1,381 a month for a lease...im like this is shit, go and come back with a lower figure...he goes come backs with the same shit... im like how can this be....if the car is going for 70k im leasing it soo 50% of that which is 35k so worst to worst 900-950 a month right? so , im like dont u guys have any other plans or can u help me get a better payment? the intrest was 8% the rv: was 27%..... way to expensive 1400 dollar payments....they wont budge!!

So i just got up and was like have a nice day... it seemed that they didt even wanna sell me the car... no effort what so ever....

ohh mannn i was mad.....

What u guys think? right descion???
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      05-02-2008, 01:50 AM   #2
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I was quoted around $1200/month for 3 years, 36k miles, 0 down.
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      05-02-2008, 01:53 AM   #3
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just pay cash.
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      05-02-2008, 01:55 AM   #4
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Yeah, unless you get a tax deduction there is no point in leasing this car.
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      05-02-2008, 02:29 AM   #5
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Do you guys know a good bank that i can go through without the high intrest rate , rv or mf?????
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      05-02-2008, 07:39 AM   #6
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Quote:
Originally Posted by Hamann_M3 View Post
MY car came in wayyyy before its production date...so i go in to pick her up today at 10:30....Looks hellaaa good....so we sit down to do the paper work and work out the payments....So he says lets do 3 years/ 12k miles with 3k down... he brings back a figure which i was like ummmm okay... so he got $1,381 a month for a lease...im like this is shit, go and come back with a lower figure...he goes come backs with the same shit... im like how can this be....if the car is going for 70k im leasing it soo 50% of that which is 35k so worst to worst 900-950 a month right? so , im like dont u guys have any other plans or can u help me get a better payment? the intrest was 8% the rv: was 27%..... way to expensive 1400 dollar payments....they wont budge!!

So i just got up and was like have a nice day... it seemed that they didt even wanna sell me the car... no effort what so ever....

ohh mannn i was mad.....

What u guys think? right descion???
Sorry, but if you just show up at a dealer without any previous idea or calculation of how much is reasonable nowadays for what you want then that's how the dealership is going to treat you, like you are stupid.

Go to your local bank and make prearrangements for financing/leasing with them. Check leasecompare.com. Check/join a Credit Union. Negotiate the final price at the dealer and finance that sucker elsewhere if their financing/leasing numbers are not comparable.

But you must know your numbers before the dealer tells you what they are...
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      05-02-2008, 08:34 AM   #7
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I would never go to the dealer without having my financing in order. Then, I let them try and beat what I bring. It will always save you money.
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      05-02-2008, 01:29 PM   #8
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If you're dealing on the 6MT, you should be able to get to $1200 per month easily on a 3yr, 36K mile, 0 down lease (including tax). They are trying to stiff you since you ordered the car and they know you have been anxious to get it. Truth is, every dealership I've been to in the LA area has 3 -4 M3 coupes sitting there, and they are not selling. Either bc economy is scary or because people are waiting for the DCT. So if yours is a 6MT, you should definitely definitely not pay over $1300 for this car. It's not worth it at that much. They've had specials where you can get an M5 or M6 for that much, and those cars are easily 25K more expensive.

Check leasecompare.com, they have better lease options on that car.
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      05-02-2008, 05:15 PM   #9
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If you're dealing on the 6MT, you should be able to get to $1200 per month easily on a 3yr, 36K mile, 0 down lease (including tax). They are trying to stiff you since you ordered the car and they know you have been anxious to get it. Truth is, every dealership I've been to in the LA area has 3 -4 M3 coupes sitting there, and they are not selling. Either bc economy is scary or because people are waiting for the DCT. So if yours is a 6MT, you should definitely definitely not pay over $1300 for this car. It's not worth it at that much. They've had specials where you can get an M5 or M6 for that much, and those cars are easily 25K more expensive.

Check leasecompare.com, they have better lease options on that car.
Yes it is..they called me today i called back but no answer yet... i hate the damn tease they play...
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      05-02-2008, 07:09 PM   #10
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Yes it is..they called me today i called back but no answer yet... i hate the damn tease they play...
You've really got to separate the emotion from this part of the process. If you don't they'll have you every time. And remember - the first person who names a figure always looses!
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      05-02-2008, 07:20 PM   #11
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Capital one is offering 5.29% on 5 year buys..... That would be in the $1400-1500 month range depending on your options...

My dealer said BMW is offering 5.9% for 6 years...so that would be in the $1300 range....

He did say the leases are NOT that good....the residuals are far too low, on purpose....in an attempt to keep the cars from being abused and returned...
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      05-03-2008, 01:19 AM   #12
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I got 3.95% on my loan through my dealer. 60 months.

I had every figure already calculated before I went in the door. I knew the exact amount I was going to write a check for before I even talked to the finance guy.

It was such a smooth transaction.
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      05-03-2008, 02:03 AM   #13
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Quote:
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I got 3.95% on my loan through my dealer. 60 months.

I had every figure already calculated before I went in the door. I knew the exact amount I was going to write a check for before I even talked to the finance guy.

It was such a smooth transaction.
what bank ? Chase?
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