11-14-2017, 02:36 PM | #1 |
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2018 340i Lease question
Hi guys, I'm new to the forums and what brings me here is I have been considering getting a 340i, now my only concern is that I am only 2 years into a lease of a 2016 WRX and the lease buyout is 3-4k more than my car is currently worth according to KBB...
So, my question is, are there any good enough deals to be had currently that would kind of offset the hit I'd be taking and not leave me with significantly higher payments? The vehicle I'm looking at is the 340i m sport, almost fully loaded, although I can be a bit flexible on some features except the transmission, it must be a manual. The MSRP of my latest build comes to ~$58k. I know the smart thing would be to wait another 12 months, but I keep reading BWM will not offer manuals anymore on the next gen 3 series so I fear in another 12 months it would be impossible to order anything except maybe an M model w/ a 6-sp manual. Any input is appreciated. |
11-16-2017, 07:55 AM | #2 |
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Welcome! My 2 cents...
There are some decent deals to be had now, especially if you can find what you want in stock (admittedly difficult if wanting 6MT). BUT...no deal will offset the ~$3500 you owe on the current WRX. You probably already know this. To get the best deal, you need to work with a dealer from a position of strength. As soon as you bring up your "negative equity", they now have advantage and getting a good deal is much less likely (or impossible). Does the Subaru lease allow assumption? See if you can find someone to assume it? BTW, I haven't read anything that says the next 3 series will not have a manual option. |
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11-16-2017, 03:40 PM | #3 |
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I got a 1K credit for a test drive event and was offered a 3K rebate with 0.9% financing on a well equipped 2018 340i I ordered recently. Coming from a 2015 STi I was offered 27K on a car I bought for 33.5K new and still owe $6,800 on. The deals are out there but you have to look and have good credit.
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11-30-2017, 10:34 AM | #4 |
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wait till end of december (i assume they will continue the crazy 3K and other rebates they have now), get an awesome deal on 340, you might be able to get 15-17% off MSRP, usually 4-7%. then you can justify loosing 3-4K on trade although i would tell them that they need to buy it out straight, and see where that takes you
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02-02-2018, 03:20 PM | #5 |
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Drives: 2019 X3 m40i
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I'm looking at a 340i M-Sport. I'm not sure if I should lease or buy. I typically drive 15k/year. But tend to trade in cars every 2-3 years.
There are very well equipped certified pre-owned 340s with 5-8k miles on them for around $44-$45k in my area (FL). Not a bad deal. My challenge is that I still have until Nov 2018 until my 2016 x3 lease is up. I'm sure by Oct/Nov 2018 the CPO 340's will be cheaper, so I may do that. Any input/advice would be appreciated. Thanks |
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02-02-2018, 03:24 PM | #6 | |
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Drives: 2019 X3 m40i
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Quote:
Thanks. |
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