07-03-2020, 09:29 AM | #1 |
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Looking to lease 2020 330i xDrive - calculation and reality check
HI,
I'm looking to trade in my 18 M3 for a 3 year/10k lease on a 330ix. Before I start negotiating I want to make sure I have my numbers correct (and realistic) for what I'm aiming for. I got the RV and MF from the updated 2020 Pricing Guide. Thanks! Code:
Money Factor 0.00099 APR % 2.376 MSRP $51,895.00 RV $30,618.05 Term (months) 36 Fees +Tax $1,679.00 Negotiated Price $53,574.00 Price + Fees Down payment -$7,500.00 4k Discount, 3.5k down Incentives -$3,250.00 2k, 750, 500(BMW CCA) Cap Cost $42,824.00 Total Lease Payment $424.11 Total Payments $15,268.13 Total Payments *Paying tax with trade in. PS: If you're a dealer or know one - feel free to PM me. Last edited by ShadowedAngles; 07-03-2020 at 10:23 AM.. Reason: Added tax payment info. |
07-03-2020, 09:21 PM | #3 |
Petrolhead
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$7500 down and $424 a month comes to roughly $630 a month with zero down. That is pretty expensive and not a good deal.
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07-03-2020, 11:31 PM | #4 | |
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4k of the 7.5k is dealer lowering the MSRP. (yes this could of been more clear on my part. The other 3.5k was to cover fees, DMV, tint, maybe tax. More of a place holder number really.). I choose 4k as I saw people mentioning they're been only able to get ~8% off of MSRP and 4k is ~8%. What number should I shoot for? 10% or more? Will they go lower than 0.00099 on the MF? Thanks. |
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07-04-2020, 09:34 AM | #5 |
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It seems a little high. I was quoted $511 a month on numbers similar to yours for a 330i.
MSRP $48,845 Cap cost $42,673 Drive off $1100 Also 36 months, 10K |
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07-04-2020, 09:50 AM | #6 | |
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I just got the first real quote, lol. I'm not going to post the nitty gritty details because its terrible: 0% off of MSRP and $10k under on my trade-in. MF looks like 0.00161 instead of 0.00099. EDIT: The 2nd Dealer I contacted cut off all communication from me after I said I want lower than MSRP. lol things are going great for me. Last edited by ShadowedAngles; 07-04-2020 at 10:30 PM.. |
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07-10-2020, 08:53 AM | #7 | ||
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