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Sells, AZ BMW Car Consumer Discussions

Given the Way. . .: by cdnpinhead on Fri Sep 12 06:17:56 PDT 2008; BMW has been jacking up the price of leasing (lower residuals & higher MFs), while offering more financial incentives to those who buy, it wouldn't surprise me if they also became willing to negotiate at turn-in time. . .eventually. The only reason not to sell the car to someone who's been driving it for the last 3 years for more money than it would fetch otherwise is to encourage (force, really) a follow-on lease. Time will tell.

Re: '08 328xi [chekmi21]: by cdnpinhead on Thu Nov 15 07:14:09 PST 2007; Is any of the $3000 due at signing cap cost reduction? I assume it is, as drive-off usually amounts to first month's payment, security deposit, disposal fee (unless it's a repeat lease), documentation fee & I think that's it. Normally comes out to $1200 - 1600, not $3K. So, when you say selling price of $37.5K, that may not be the capitalized cost -- you're probably reducing it another ~$1500, which is generally a bad idea. Your GAP insurance doesn't cover any down payment.

Re: 328 xi wagon [hscinoh]: by cdnpinhead on Wed Aug 22 14:27:54 PDT 2007; It's a bit like selling a car in this class with a manual transmission -- the market is smaller, but the people who want one definitely want it. It'll sell, but it needs to be marketed correctly & patiently. Go for it. Get what you want. Life is too short to worry too much about resale, IMHO.

Re: Does Lease, Then Buy as a CPO Make Sense? [shipo]: by cdnpinhead on Wed Aug 22 05:16:33 PDT 2007; I dunno, I can almost see the merit in leasing for three years first, particularly if it's your first experience with a BMW (as it would be for me), given how heavily the leases are subsidized these days. If the leases were straight-up, with realistic residuals & market interest rates, I'd be with you 100%. In fact, I have done -- I've never leased a car yet, though I've studied it fairly carefully a couple of times. If the car proves to be reasonably reliable & not one of the horror stories one hears about, buying it out at the end of the lease may not be all bad. Also, in my case, I'd really like a diesel 3-series, but doubt that any such will be avilable for at least a couple of years, and they may be hard to negotiate on for some initial period as well. Leasing for 3 years would give me the opportunity to enjoy a BMW for a very competitive monthly fee while I wait for the car I'd buy and hold for years, as I have my present vehicle. Now, if it were possible to negotiate a buyout at less than the stated residual, it'd be a no-brainer, but from what I've heard, it never happens. I've never come to grips with how BMW is able to lease based on a residual that isn't supported by the market when it comes time for them to sell the off-lease unit. Looks a bit like a house of cards to me. Oh well, it obviously works for them.

Re: Zero Down BMW Leases [Car_man]: by mdiver65 on Sun Oct 29 14:18:48 PST 2006; Hi Car Man, Thanks for the reply. I was quoted $33,420 as both the MSRP AND the selling price for the 325ia (the one I'm more interested in). Definitely room for negotiation. Thoughts? THANKS for all your help! Mark

Re: Incentive [drddo #1259]: by cotmc on Tue May 11 21:10:25 PDT 2004; "One dealer told me that you have 2 months after the incentive expires to take delivery, as long as the car was ordered during the time the incentive is offered." That doesn't agree with the dealers I have talked to. All my dealers have been telling me that I would need to take delivery before the incentive expires! Regarding your price, I think you should be able to get invoice, maybe slighly below, but it depends on your area. I know a local dealer that would probably want to charge $35.5K (after subtracting the $1200 incentive), while some dealers in areas of better competition would sell for under $34.5K.

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