Is this a good deal on a 328i coupe lease?

hootpie · 02-05-2013, 10:12 AM

Looking at leasing a 2013 328i coupe (custom-order). It has been a long time since I leased a car, so I want to make sure I don't get taken advantage of

Metallic paint
Leather interior
Manual transmission
M-Sport Package
Power front seats
No other options

MSRP is $45,390
65% residual
MF of 1.3 (?)

Dealer is offering me (inclusive of all fees) $42,150 as the selling price (this includes $1,500 lease rebate). With taxes and fees (no bs ones from what I see) a total of $44,000.

They want $4200 at lease signing in addition to the trade-in they're giving me $2300 for and are offering me 36 months, 10k mi/month for $368+tax/month.

Thanks in advance!

louie586 · 02-05-2013, 04:11 PM

I'm looking at a 2013 Cadillac ATS 2.0T (with a 6-speed manual) and I was quoted around $350/mo for 36 months, 10k per year, and $2000 down with my GM supplier discount. MSRP is a hair over $39,000.

HKD · 02-06-2013, 08:41 PM

What's on the 4200? That sounds high considering you have trade in plus rebates.

hootpie · 02-06-2013, 11:27 PM

Quote:

Originally Posted by HKD

What's on the 4200? That sounds high considering you have trade in plus rebates.

I thought the same thing and got them down to $2,000 drive-off, $393/month including tax.

HKD · 02-07-2013, 01:34 AM

Sounds better but 10k yr will go thru in no time. If ur working commuting at all the mileage is going to kill you. 15k a yr should run another 25 to 30 per month but worth it when I had a 7 mi one way commute I still did almost 15k per yr after couple of road trips and hauling kids around on weekends. I think u got a decent mf residual is ok but u should look at total cost in terms, how much over invoice it cost. Generally 500 over invoice is a decent deal.

Yeoman · 03-16-2013, 04:53 PM

Never put money down on a lease.

02-05-2013, 10:12 AM	#1
hootpie Registered User Join Date: May 2003 Location: bay area Posts: 139 My Ride: -	Is this a good deal on a 328i coupe lease? Looking at leasing a 2013 328i coupe (custom-order). It has been a long time since I leased a car, so I want to make sure I don't get taken advantage of Metallic paint Leather interior Manual transmission M-Sport Package Power front seats No other options MSRP is $45,390 65% residual MF of 1.3 (?) Dealer is offering me (inclusive of all fees) $42,150 as the selling price (this includes $1,500 lease rebate). With taxes and fees (no bs ones from what I see) a total of $44,000. They want $4200 at lease signing in addition to the trade-in they're giving me $2300 for and are offering me 36 months, 10k mi/month for $368+tax/month. Thanks in advance! Last edited by hootpie; 02-05-2013 at 10:15 AM.

02-05-2013, 04:11 PM	#2
louie586 Registered User Join Date: Jan 2011 Location: Utica, MI Posts: 243 My Ride: 2013 ATS 2.0T/6MT	I'm looking at a 2013 Cadillac ATS 2.0T (with a 6-speed manual) and I was quoted around $350/mo for 36 months, 10k per year, and $2000 down with my GM supplier discount. MSRP is a hair over $39,000. __________________ Check my for sale thread: OEM diamond key (cut - nearly brand new) OEM glovebox flashlight (new bulb) OEM M54 VANOS unit (used) Black kidney grilles (Khoalty, coupe fitment)

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02-06-2013, 08:41 PM	#3
HKD Registered User Join Date: Jan 2013 Location: Irvine Posts: 11 My Ride: 08 335i coupe	What's on the 4200? That sounds high considering you have trade in plus rebates.

02-07-2013, 01:34 AM	#5
HKD Registered User Join Date: Jan 2013 Location: Irvine Posts: 11 My Ride: 08 335i coupe	Sounds better but 10k yr will go thru in no time. If ur working commuting at all the mileage is going to kill you. 15k a yr should run another 25 to 30 per month but worth it when I had a 7 mi one way commute I still did almost 15k per yr after couple of road trips and hauling kids around on weekends. I think u got a decent mf residual is ok but u should look at total cost in terms, how much over invoice it cost. Generally 500 over invoice is a decent deal.

03-16-2013, 04:53 PM	#6
Yeoman Registered User Join Date: Sep 2012 Location: Washington, DC Posts: 1 My Ride: 2013 BMW 335is	Never put money down on a lease.