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Re: 97 328 @ Erhard (is this worth looking into?) (archive)
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Posted by KalamazooMatt on March 12, 2000 at 19:24:16:

In Reply to: 97 328 @ Erhard (is this worth looking into?) posted by DetroitDave on March 12, 2000 at 19:04:08:

Well Dave, to be quite honest with you there are plenty of great lease deals for those of us out there that are young, educated, and want to drive a new bimmer. I graduated from Wake Forest University in May of 1997 and wanted a new BMW. I waited until October of 1997 and leased a brand new BMW that was essentially a "left-over" of the old model year (but only had 40 miles on it). I got a great deal and I am still driving that car. In fact, my lease is up in June and I am going to purchase the car. At the time I leased the car, however, I did need a cosigner (parents) since it essentially cost just about 5K under my yearly salary at the time! All I can say is that where there is a will, there's a way and if you want a Bimmer, you will find a way.
Best of Luck,
Matt (may be applying to U of M graduate business school soon!)


: Picked up one of those free Auto Mart magazines at the gas station today. Erhard BMW in Detroit had a full page ad. They had 2 97 328i's, fully loaded sedans with manuals. One had 35k miles, the other had 25k. Total out of pocket for both was 2,500. 35k mile car was 299 per month, 25k mile car was 369 per month. I recall a similar ad back in Octobor, I had contacted Erhard and the salesman I spoke with said that 3-4 times a year, the manager picks 2-3 used cars and tries to blow them out at super low prices. The exact same two 3 series I saw today were listed 4 weeks ago, only they were almost 100 dollars more per month. I am in the market for a new car, I am graduating from U of M in 7 weeks, and have been trying to find some sort of decent deal so I could coerce my folks (who are under the assumption i should work 5 years and be making 80k + per year before I drive a BMW). My fear is that in 4-6 weeks when I am ready to buy a car, this deal will be over. Is it worth looking into, and do you guys have any suggestions as to my course of action?



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