[Tumo135]

I am in the market for lease on a REX. This is the first quote i got. Seems way off from what a lot of people around the boards are getting. What do you think?

[afadeev]

Originally Posted by Tumo135

I am in the market for lease on a REX. This is the first quote i got. Seems way off from what a lot of people around the boards are getting. What do you think?

Obnoxiously bad deal.

Please research other similar threads for reasons why...

a

[Tumo135]

Originally Posted by afadeev

Obnoxiously bad deal.

Please research other similar threads for reasons why...

a

That's what I was thinking. I am not even going to counter.

[afadeev]

Originally Posted by Tumo135

That's what I was thinking. I am not even going to counter.

A good and safe place to start negotiations is to ask your perspective dealer(-s) to price out a car just like the one advertised by BMW FS's online for $229/month (BEV) or $269/month (REX) for 24 month/10K per year leases:
http://www.bmwusa.com/standard/conte...ms/offers.aspx

Compare dealer's quote to BMW FS's pricing, and that will help you identify all the creative ways they are padding their margins (money factor/APR, MSRP pricing, options' pricing, terms of lease, down payments, fees, etc).

Note, you will probably not follow-through on that build spec - it's unlikely you want a car just like the one advertised by BMW FS. Nor do you want to put THAT much money down on your lease as what BMW FS quotes, so your monthly payments a likely to be higher than those quoted above.

However, this gives you a verifiable baseline for keeping the dealer honest.
They know it too, so they will be less likely to abuse you.

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