You need to educate yourself some more on leasing.
Originally Posted by NeoBMW
New member here. Joined in since going to the Beamer dealership tommorow to "possibly" close a deal on a 2013 535i with M SPORT, TECH AND PREMIUM packages.
I always driven Lexus in my life and just bought a Mercedes GL450.
Anyways I wanted to compare a lease quote I received from the dealer today.
MSRP 63.5K. I have negotiated the price to $59k (although doesn't matter in a lease I guess)
36 month, 10k miles and with $4000 down, they quoted me $698 + tax per month. I walked out and told them to work on better numbers. They did add the winter rebate option but I asked for more discounts.
I do not want to pay more than $3000 and payment not more than $650 / month (tax included)
The dealership was swampped today (good for beamer) and I had to leave and wasn't able to talk directly with the sales mgr. Take 2 tommorow.
Any suggestions on lease terms? Fair?
New Beamer Owner (maybe)
Figure out your money factor, get the sales price locked down, get your discounts figured out, check acquisition fee. Leases can be very beneficial but you have to be very aware of all parts of deal to make it so.
I've also learned to avoid putting money down on a lease.
Work Hard, Play Hard & Live Life
2013 328i sedan - EBII/msport/sport auto from Brian Hodge at autobahn BMW Fort Worth
2011 335i coupe (Gone but not forgotten)
2007 Lexus IS250
2004 VW passat 1.8t
1998 VW passat V6