September lease deal, is this good or bad?

frankc201106 · 09-23-2013, 03:27 PM

Hi folks,

Need your advices on this deal. I will have to decide this week. So I went to a dealership in GTA today and got a quote, and this wasn't my first time getting a quote, so I told the salesperson price range, package and more importantly the discount I want right after I walked in.

At the beginning , he told me the promotions they have know, and of course, I knew I could get more than that.

Sorry I don't have the actual price quote, rates and etc . And that is all I remember.

He began with : 1.9% interest rate, 48 months, 20,000 kms 328i xdrive w/ sport line & heated steering & metallic paint and excessive wear warranty . And he started with taking off 8%/approx $4,000 off and in addition to $2,750 incentive. That's a total of $6,750 discount pre tax.

That would translate into:
Due on delivery (including 1 st month): $1,000
Monthly payment: $640 tax in

And then I asked for more, and then eventually, he gave me this
He wasn't willing to tell me what fees he would take off, so I didn't ask

Same car and same terms but now is for

Due on delivery: $605 (1st month) + $1,299 (Excessive wear warranty)
Monthly Payment: $605 tax in.

Any opinion and advice is welcome

gonein10 · 10-01-2013, 12:12 PM

what was the residual on that lease?

09-23-2013, 03:27 PM	#1
frankc201106 New Member 0 Rep 11 Posts Drives: 328i xdrive Join Date: Sep 2013 Location: Toronto iTrader: (0)	September lease deal, is this good or bad? Hi folks, Need your advices on this deal. I will have to decide this week. So I went to a dealership in GTA today and got a quote, and this wasn't my first time getting a quote, so I told the salesperson price range, package and more importantly the discount I want right after I walked in. At the beginning , he told me the promotions they have know, and of course, I knew I could get more than that. Sorry I don't have the actual price quote, rates and etc . And that is all I remember. He began with : 1.9% interest rate, 48 months, 20,000 kms 328i xdrive w/ sport line & heated steering & metallic paint and excessive wear warranty . And he started with taking off 8%/approx $4,000 off and in addition to $2,750 incentive. That's a total of $6,750 discount pre tax. That would translate into: Due on delivery (including 1 st month): $1,000 Monthly payment: $640 tax in And then I asked for more, and then eventually, he gave me this He wasn't willing to tell me what fees he would take off, so I didn't ask Same car and same terms but now is for Due on delivery: $605 (1st month) + $1,299 (Excessive wear warranty) Monthly Payment: $605 tax in. Any opinion and advice is welcome
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10-01-2013, 12:12 PM	#2
gonein10 Private 8 Rep 70 Posts Drives: 2013 x5D 2014 435i Join Date: Jul 2013 Location: mississauga iTrader: (0)	what was the residual on that lease?
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