My sisters been with BMW now for 12 years. Her lease is up. She's looking at a 330ci with the performance package and pretty loaded. The total cost of the vehicle is close to $47,000. Personally I think she got screwed on all her 3 series leases as all they've done is just tack on a bigger payment to the original one over the years.
This one's a 2004 model. Originally she was going to order it, but they found one to her specs coming over in the boat from Germany in 2 weeks, but the numbers scare me. Her lease is up at the end of the month so timing is everything and she can't wait for a 2005 even though they'll extend the lease for 3 months.
The deal is :
No lease incentives / no dealer incentives / no drop in price on a 2004 model
She's got perfect credit
Like I said, she's been with BMW for 12 years
and they throw a $770 payment at her plus tax
residual : 54%
Money Factor : .0028
Seems outrageous. Las Vegas has only two BMW dealerships and they are owned by the same company, so not much of a competition. The Money factor seems way too high on a 2004 with someone that has perfect credit.
Would someone know where to get BMW financial services current money factors on the 3 series and if not, would anyone know if that $2400 dealer incentive still applies as it was supposed to end June 30th and I heard it's been continued to August. If noone knows the answers, could someone guide me to where I should post a question like this. I want to go back to the dealership knowing what the current BMWFS money factors are to see how much she's getting screwed, plus know if there are any incentives which are available that this dealer isn't providing for her.
Thanks for any help provided