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      01-15-2015, 10:39 PM   #1
Montestocks
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Help.. 2014 328xi demo lease...

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Hi guys... went to the dealer today and need some help evaluating..


2014 328XI
4,160 Miles
Black Sapphire Metalix
NAVIGATION
M SPORT PACKAGE
PREMIUM PACKAGE
COLD WEATHER PACKAGE
DRIVER ASSISTANCE PACKAGE
SPORT AUTOMATIC TRANSMISSION
SPLIT FOLD DOWN REAR SEAT
HARMON KARDON SURROUND SOUND

They claim MSRP of: $54,125
Sale PX: $44,975

neg 2k equity from 2009 328xi trade in

36 Months / 15k miles a year
$1500 out of pocket (all in including first months payment and DMV fees)
$559/Mo

Was told MF was .0013.. not sure what the residual is. Feel like its .59 but would really like some help guys! Thanks!!!
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      01-15-2015, 11:37 PM   #2
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Quote:
Originally Posted by Montestocks View Post
Hi guys... went to the dealer today and need some help evaluating..


2014 328XI
4,160 Miles
Black Sapphire Metalix
NAVIGATION
M SPORT PACKAGE
PREMIUM PACKAGE
COLD WEATHER PACKAGE
DRIVER ASSISTANCE PACKAGE
SPORT AUTOMATIC TRANSMISSION
SPLIT FOLD DOWN REAR SEAT
HARMON KARDON SURROUND SOUND

They claim MSRP of: $54,125
Sale PX: $44,975

neg 2k equity from 2009 328xi trade in

36 Months / 15k miles a year
$1500 out of pocket (all in including first months payment and DMV fees)
$559/Mo

Was told MF was .0013.. not sure what the residual is. Feel like its .59 but would really like some help guys! Thanks!!!
Be very careful with a demo vehicle. I equate them to rental cars, except driven exclusively by BMW owners. It might be perfectly fine, but I would take it for a long test drive (30 minutes or so) to see if you notice anything odd. Everything is under warranty, but broken things equate to headaches and trips back to the dealer. Ask to see the invoice for the car to see what they paid for it. Others will have to chime in about the lease figures, since I finance my cars.

Good luck! It sounds like a nicely optioned car.
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      01-18-2015, 02:55 PM   #3
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Thanks... Can anyone help me out on their opinion of the lease?
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      01-18-2015, 10:42 PM   #4
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This deal is not very good ... I just saw a deal on a 2015 4 series with $9K off brand new ... This is a used car and one year old ... You can get a 2015 3 series for $9K to $10K off ... You move on
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      01-19-2015, 08:37 AM   #5
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Was this at Rallye?
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      01-19-2015, 10:44 AM   #6
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Quote:
Originally Posted by smithe90
Was this at Rallye?
No it was at Flemington... Got them to 554 a month. The $1500 is going towards first months and Fees. Taxes (7%) and negative eq are being rolled into the lease. BTW this is an executive demo. Not a loaner
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      01-19-2015, 12:34 PM   #7
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Quote:
Originally Posted by Montestocks View Post
No it was at Flemington... Got them to 554 a month. The $1500 is going towards first months and Fees. Taxes (7%) and negative eq are being rolled into the lease. BTW this is an executive demo. Not a loaner
I only asked because Rallye had the same exact car a few weeks ago but it was a loaner, same options, no xenons.

I just got a 428i that was a loaner that had 6k miles on it. im paying 538/month all in, taxes rolled in. no down payment.
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      01-21-2015, 08:58 PM   #8
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this one has xenons.. no issues- checked the car fax and was given the story. This was a BMW execs car @ USA HQ in nearby Woodcliff Lakes NJ.
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      01-22-2015, 02:34 PM   #9
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Honestly its a decent deal but I would say be around 530-540/month all in, only first months down.
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      01-27-2015, 01:29 PM   #10
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Quote:
Originally Posted by smithe90
Honestly its a decent deal but I would say be around 530-540/month all in, only first months down.
Got very close to the $540 number and took delivery of the car last Saturday. At that point a couple $ a month didn't bother me. Have to admit that this dealer was really the only one that wanted to play ball. All the other dealers I went to in North Jersey... The CA's didn't have the incentive to make a deal. Didn't even follow up with me. Love the car... Amazing the difference from the e90. Pics to come soon.. It's been parked in the garage because of winter storm Juno.
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      02-02-2015, 09:02 PM   #11
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Here is a quick pic from day 1... the weather up here has been bad lately. Ice storm tonight.. she is in the garage.
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      02-02-2015, 10:12 PM   #12
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Quote:
Originally Posted by Montestocks View Post
Here is a quick pic from day 1... the weather up here has been bad lately. Ice storm tonight.. she is in the garage.
Looking good, I was driving around today during all the mess.
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      02-03-2015, 12:38 PM   #13
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Quote:
Originally Posted by Montestocks View Post
Here is a quick pic from day 1... the weather up here has been bad lately. Ice storm tonight.. she is in the garage.
Looking good.

Do you mind telling me which dealer/CA you went through? I'm looking for a new car for a friend and he is interested in exec/demo leases. Thanks!
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      02-03-2015, 04:30 PM   #14
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Quote:
Originally Posted by Toybota View Post
Looking good.

Do you mind telling me which dealer/CA you went through? I'm looking for a new car for a friend and he is interested in exec/demo leases. Thanks!
PM'd you.
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