A co-worker of mine just ordered a 323i with Sport, Sunroof, CD, Metallic, and a $1800 performance upgrade which consists of a Dinan chip, Borla exhaust, and airbox upgrade (supposedly 30+ more horsepower). The total without tax and title is $31,200.
He went to the dealer today and spoke with the finance manager. She says he can pay $14100 up front and have no payments for two years. After the two years, he can just walk away (no fees or penalties) or pay an additional $22100 to own the car. If he goes this route he plans to put the additional money in a mutual and then determine if he wants to pay it off in two years.
I'm currently looking at buying a 323CI and may look at this offer. He was told that it's a special offer and will be ending very soon (who knows if that's the truth!)