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-   -   Here's the offer I just made for a new 545i... (http://www.bimmerfest.com/forums/showthread.php?t=103241)

remington 06-30-2005 01:32 PM

Here's the offer I just made for a new 545i...
 
Im 2 yrs into a 3 yr lease on a 325i but am ready for a bigger car. My dealer tells me I can get out of my current lease for abou $1200 difference between what I owe and what they will buy the car for. I put some thought into it overnight and faxed him this offer today:

2005 545i,premium pkg,steptronic,prem. sound, comfort seats, nav, sat. radio
cap cost:$57370 (that's $1500 over invoice by my calculations)
base money factor .0010
no cap cost reduction
residual 59%
36 months/36k miles

Do you think this is a fair offer? Think he will do it? :dunno:

hpowders 06-30-2005 01:55 PM

Nope. Once the salesman is in a position to do you a favor, you have essentially given up any bargaining leverage you may have had. :thumbdwn:

remington 06-30-2005 02:04 PM

Quote:

Originally Posted by hpowders
Nope. Once the salesman is in a position to do you a favor, you have essentially given up any bargaining leverage you may have had. :thumbdwn:


I hear what you are saying but I don't see this as him doing me a favor. He simply looks up the current value of my car and compares it to what is owed on the lease and subtracts one from the other to give me what I would owe to end the lease. It is what it is. Is there more to it than that?

philippek 06-30-2005 02:18 PM

After acquisition fee (which I am assume you would capitalize), you're giving him less than $1000 profit on a 545i. Not reasonable, IMO.

Nick325xiT 5spd 06-30-2005 02:20 PM

Quote:

Originally Posted by philippek
After acquisition fee (which I am assume you would capitalize), you're giving him less than $1000 profit on a 545i. Not reasonable, IMO.

I'd think that if the 545i is on the lot right now, they'd be pretty anxious to get it out the door before people insist on the 550.

philippek 06-30-2005 02:22 PM

Quote:

Originally Posted by Nick325xiT 5spd
I'd think that if the 545i is on the lot right now, they'd be pretty anxious to get it out the door before people insist on the 550.

Depends on the inventory. Personally I've got 5 on the lot now (out of a total inventory of 600+), and a $900 deal on 545 wouldn't fly...even on the last day of the month.

TGray5 06-30-2005 03:20 PM

Quote:

Originally Posted by remington
Im 2 yrs into a 3 yr lease on a 325i but am ready for a bigger car. My dealer tells me I can get out of my current lease for abou $1200 difference between what I owe and what they will buy the car for. I put some thought into it overnight and faxed him this offer today:

2005 545i,premium pkg,steptronic,prem. sound, comfort seats, nav, sat. radio
cap cost:$57370 (that's $1500 over invoice by my calculations)
base money factor .0010
no cap cost reduction
residual 59%
36 months/36k miles

Do you think this is a fair offer? Think he will do it? :dunno:

Well, if he's going to eat your $1,200 deficit on the e46, then you are essentially offering him $300 profit....can't see that happening.

remington 06-30-2005 03:26 PM

Quote:

Originally Posted by TGray5
Well, if he's going to eat your $1,200 deficit on the e46, then you are essentially offering him $300 profit....can't see that happening.


No would be paying for the lease *****out myself.

I figured that $1500 for a couple hrs work was not bad especially since the 545i is about to be supplanted by a bigger output model, but based on the responses here I may be lowballing.

wedgehead98 06-30-2005 08:53 PM

Looks like a good deal to me...I just did about the same...
 
Just signed a deal tonight for a 2005 545i

Titanium Gray
Sport
Nav
Premium Sound
Cold Weather package - to keep my wife's butt warm - I guess
Rear Fold Down Seats
Rear Power Sunshade - didn't care about this...
HUD - didn't really want this, but pickin's are gettin' slim...
Sat Radio Prep
MSRP $66,270
Invoice $60,560
$5k down
$750/month 36 lease.
THat works out to either $1950 profit on .0010 MF or $1400 profit on .0012

Excited about my new car...will pick it up Saturday.

Turning in a 2003 330i - also pretty fully loaded. Just felt it was time to grow up...long freeway drives in a 3 series aren't the most comfortable! I have so much to learn now...had 2 3 series in a row and know them...did a bunch of DIY on them, too.

remington 07-01-2005 08:54 AM

Well I got the rate but had to pay more, not surprisingly. I don't mind, it was a fair deal. See my post above for my 'just got it!' message :p


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