In Reply to: Re: leasing 323i posted by Jason Wehner on March 02, 1999 at 22:33:55:
10k, 12k, and 15k were 67%,655 and 63% respectively.
: : MSRP: $32,560.00. 399.99 a month for 36 month closed-end lease. $1,500.00 cap cost reduction
: : 10,000 miles per year.
: If tax is included in the $399, its a good deal with dealer profiting $2100 (that's fair)
: If tax is not included it is a $3k deal for the dealer -- you can do better.
: If you're concerned about the miles, simply get a 15k mi/yr lease. Residual rates are as follows:
: 10k miles for 36 mo: 68% of MSRP
: 12k: 67%
: 15k: 65%
: If I were buying that car, I would go for the following:
: 15k miles a year
: 1500 cap down ($2800 down w/ 1st,last,license,cap)
: 425/month (that is your payment including tax)
: THIS DEAL IS POSSIBLE, shop until you find a good car salesman who will not play games
: remember that equity in the car after 3 years can be applied to your next vehicle, so it's o.k. to pay a little more if you know where your money is going.