Is This A Good Lease Deal? - BMW Forum - BimmerWerkz.com
1,6,7,8 - Series and Mini Cooper General Chat related to models that do not fit into particular categories above. Please try to put your discussion in more appropriate sections. This section does cover the 1 Series, MINI Cooper and 8-Series vehicles: BMW 830i, BMW 840Ci, BMW 850i, BMW 850Ci, BMW 850CSi, M8, Alpina B12, BMW CS Concept and others.

 
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#1 (permalink) Old 06-02-2005, 02:01 PM
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I just moved to Los Angeles from NYC. Ive never had to buy or lease a car so I am new to this whole new process. I wanted to get some input to see if anyone out there that knows about leases and what they go for think this is a good deal:

BMW X3 3.0

M.S.R.P 37,345

lease for: 36 Months

Total money being put down: 3,000

Miles allowed per year: 15,000

Monthly payment including Tax: 420
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#2 (permalink) Old 06-02-2005, 03:08 PM
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Advertised leases are rarely a good deal. You have to negotiate with the dealer just like you are buying the car. This site has some rather useful examples and information: http://www.carbuyingtips.com/lease2.htm.

-bj



1999 BMW ///M3 Convertible | 1994 BMW 525i | 1983 Porsche 944 Race Car (aka ///M944)
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#3 (permalink) Old 06-02-2005, 03:19 PM
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Quote:
Originally posted by leasesearchingbeemer@Jun 2 2005, 01:01 PM
I just moved to Los Angeles from NYC. Ive never had to buy or lease a car so I am new to this whole new process. I wanted to get some input to see if anyone out there that knows about leases and what they go for think this is a good deal:

BMW X3 3.0

M.S.R.P 37,345

lease for: 36 Months

Total money being put down: 3,000

Miles allowed per year: 15,000

Monthly payment including Tax: 420
[snapback]349574[/snapback]
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#4 (permalink) Old 06-02-2005, 03:19 PM
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Quote:
Originally posted by leasesearchingbeemer@Jun 2 2005, 01:01 PM
I just moved to Los Angeles from NYC. Ive never had to buy or lease a car so I am new to this whole new process. I wanted to get some input to see if anyone out there that knows about leases and what they go for think this is a good deal:

BMW X3 3.0

M.S.R.P 37,345

lease for: 36 Months

Total money being put down: 3,000

Miles allowed per year: 15,000

Monthly payment including Tax: 420
[snapback]349574[/snapback]
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#5 (permalink) Old 06-02-2005, 03:21 PM
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Quote:
Originally posted by loftygoals@Jun 2 2005, 02:08 PM
Advertised leases are rarely a good deal. You have to negotiate with the dealer just like you are buying the car. This site has some rather useful examples and information: http://www.carbuyingtips.com/lease2.htm.

-bj
[snapback]349584[/snapback]
Thanks for your input bj, I am doing this negotiation at the dealrship. I am having a dealer and a broker compete against each other to see who gives me the best offer this is the one that I got that was the best one so far, what do you think?
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#6 (permalink) Old 06-02-2005, 10:54 PM
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Don't lease.

Take a loan out and buy the car.

If you lease, after you pay all that $$$ (monthly payments, payment down), what do you get? Nothing.

After you pay off your loan...what do you get? A car.

Just my 2 cents.

What made you choose the X3? used
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