Quote:
Originally Posted by DLUX
This would be my first BMW. We are looking to lease a 328xi sedan. No money down $459 a month. Money factor is .0017% and residual is $28,349 or 65% of $43,615. Is this a good deal? Trying to see if I can get them to come down on the price.
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Well first congrats on the car and welcome to the forum.
I would first tell you the dealer is marking up the MF. 0.0017 is the maximum rate as 0.0013 is the base rate right now. The base rate is set by BMWFS and the dealer is tacking on the maximum allowed additional amount. As long as you have good credit I would not sign until they give you the base rate.
The base rate can change every month so its a good idea to check this forum for the new rate or look at Edmunds.com as they should have it also.
As for the negotiated price, I can't tell you unless I know what the MSRP is. You can also check the compare your deals thread in this same section and you will get a good idea how much the total price should be.
Good luck