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03-15-2008, 05:43 AM | #1 |
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Real World Lease Quotes...
Hi Guys...
I'm wondering if anyone has gotten any real world lease quotes. I know the residuals are the greatest, but I'm just curious to know what the figures/quotes people have been getting. I currently have an X5 4.8i with a ton of problems that I'm working on getting my dealer to buy back. I'm hoping to get into a E92 for about the same money... Thanks! Chris |
03-15-2008, 02:21 PM | #4 |
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03-15-2008, 03:11 PM | #6 |
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03-15-2008, 04:07 PM | #7 | |
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03-15-2008, 04:48 PM | #8 |
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03-15-2008, 05:56 PM | #9 |
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03-15-2008, 06:15 PM | #10 |
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Why? What if I were to pay forward the full lease at $41,500 for 15K/year and 36 months? I still negotiate the best price before leasing and have an option to buy when the lease comes to an end. By the way, this is on a sedan that is fully loaded with 19" wheels.
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03-15-2008, 06:21 PM | #11 | |
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Quote:
http://www.leasecompare.com/autolease101_6.php |
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03-15-2008, 06:38 PM | #13 |
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Best leasing strategy when factors are good is to put as close to $0 down as possible. When the terms are crappy, as they currently are on the M3's, I really do not know what the best strategy for leasing is.
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03-15-2008, 06:48 PM | #14 |
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i tell you... go to another bank/leasing company and get into one for a cheaper rate.
if you really want the car you can get in one temporarily, sell ur lease to someone else, then get another one |
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03-15-2008, 06:56 PM | #15 |
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Those number I put are from my dealer, VOB in MD so they are legit, this is towards an msrp of 65800. I would be outraged to pay anymore than that honestly. 1300 a month with 3500 down is M5 territory. The m3 comes pretty close to that and it costs almost 20 k less.
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03-15-2008, 07:02 PM | #16 | |
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03-15-2008, 07:02 PM | #17 |
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I would say these number are pretty straightforward I just found this advertisement online matches what my dealer is pretty much offering
http://www.swapalease.com/VehicleSea...hicleID=408993
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03-15-2008, 07:05 PM | #18 |
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you are not paying towards the car but the value (depreciation) of which you use it. There is no equity involved such as in purchasing a car.
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03-15-2008, 07:20 PM | #19 |
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So, if you had $45,000 saved towards a new car, what would you do? I didn't want to make any payments while driving the car. I also may decide to buy the car at the end of lease.
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03-15-2008, 07:43 PM | #20 | |
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What's the msrp on the car VOB quoted you? |
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03-15-2008, 07:50 PM | #21 |
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If you have $45K you want to put towards the car, finance it at 5% interest, BMWs leasing factors are currently outrageous. You can then sell the car whenever you want, you will never be upside down. I probably would still not put $45K down with interest rates as low as they are. Put the cash in an investment and just make higher payments. My bet is you can get better than 5% return on your money over 3 or so years.
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03-15-2008, 07:50 PM | #22 | |
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Lets say your car is MSRP 70K, If you put down $13K and totalled it 6 months from now and lets say the value is only $60K. Your buy out would be, lets say $52K, you would only get $8K back. If you put $0 down and bought gap insurance and the same thing happend you would walk away and owe $0. |
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