09-24-2014, 02:03 AM | #1 |
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How's this lease look for a 528?
Hi guys, I went over to F10land but no one seemed to be home so I decided to post here since there is a lot more activity. Got a quote for a 2015 528xi today and here are the numbers:
MSRP: 57700 Gross Cap Cost: 55680 Term: 36 months MF: 155 Residual: 62% Miles/year: 10000 Down/Due on delivery: 4250 (3300 down) Payment: 660 OR MSRP: 57700 Gross Cap Cost: 55680 Term: 36 months MF: 155 Residual: 62% Miles/year: 10000 Down/Due on delivery: 1800 (0 down) Payment: 730 Also can dealers get year old models (2014) from other dealers and still give a discount? Another dealer in town has a 2014 in the same specs that I would be open to getting, but have been loyal to this dealer. Thanks folks |
09-24-2014, 05:59 AM | #2 | |
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I wouldn't put money down on a lease. Also, that MF seems high. Also, I think they can come down on the negotiated price. |
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09-24-2014, 06:41 AM | #3 |
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Dealers can dealer trade dealer to dealer if the two dealer agree to do so. Sometimes its a easy process sometimes a dealer doesn't want to trade what they have to another dealer. Your MF looks a little steep.
If you want the car that is on another dealers lot just ask your salesman if they could dealer trade for that unit. I would imagine they would make the effort if they knew for sure you would buy the unit. Good luck, If you would like a comparison quote you can shoot David a buzz at bmwdavid@icloud.com
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09-24-2014, 12:41 PM | #4 |
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Thanks for the replies. Gonna call in when my advisor gets in. Competitior dealer has a '14 528 and '14 535 in stock with the specs I want. Hopefully they can get it and give a good sale price. Anyone know what % off is good for a year old model? 10-12%?
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09-24-2014, 02:23 PM | #5 |
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With the '15s out for a while now, certainly no less than 10-12%. I'd probably be looking for more like 15%. Best advice is typically to work up from the approximate invoice though, on a car that has presumably been on their lot for a while now, they should be looking to get it off their books.
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