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Buy-Lease g37 or 335i

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Old 08-12-2007 | 08:53 PM
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Buy-Lease g37 or 335i

Looking to have my car no later than december. I will have about 12-15 grand ready to drop. Not looking to get fully loaded the g37S would come out to be 38150 with out taxes and other charges. And a used 335i with 9000 miles for 38 seller willing to work something out on the taxes. Both cars i am willing to buy for 5-7 years bc thats when the new body style model would be realesd. Looking to have cheap payments. Like under 400 a month. Not sure if i could work that out with the interest rate but if not i could prob get that coverd. Do you think it would work??

Also with a lease is it true that they like to rape you when you return the car and hit you with a fee. And is there any way i could beat payments like droping 12-15 on a lease for 36 months then finish paying the car off in like 2-3 years. Which would be better to do. (g37S)

Which would you go with?
 

Last edited by vinnys coupe; 08-12-2007 at 08:58 PM.
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Old 08-12-2007 | 10:41 PM
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You shouldn't ever place a down payment on a car you plan on leasing, should it ever be totaled, you're not getting that down payment back. Once its gone, its gone.

Also, when looking at the 335i, be aware of the cooling issues. Its twin turbo but BMW failed to bother putting oil coolers on some of the models, so be sure it has one otherwise you'll find yourself pulling over during spirited driving. I've read that even people with oil coolers are experiencing overheating issues.

Oil coolers are placed in the driver's side front wheel well.
 
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Old 08-12-2007 | 10:46 PM
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Thanks yes he has one of the models that came with the cooler. Thanks for the location of the cooler defintly have to check it out.

But i dont understand, if im going to drop that on a lease knowing that i am going to buy the lease out whats wrong with that?
 
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Old 08-12-2007 | 10:58 PM
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In the improbable scenario that you total your car during your lease period, your insurance company will give you back the value of your lease which would not include the massive down payment you put forward, plus I believe what you pay on a down payment is taxable.

I'm not a complete expert on leasing since I'm new to the new car buying thing but its something I read while doing some research on the subject.
 
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Old 08-12-2007 | 11:05 PM
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Originally Posted by vinnys coupe
But i dont understand, if im going to drop that on a lease knowing that i am going to buy the lease out whats wrong with that?
As stated, you would lose your deposit and the car if totalled or stolen. This actually happened to a customer of ours and we strongly discourage it.

In regards to buying at the end; look for a low money factor and realistic residual value. This will give you the best overall lease deal.

I'll post the new G37 rates in the next couple of days so you can compare IFS to other finance sources.
 
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Old 08-12-2007 | 11:08 PM
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What would be considered a fair residual value for these cars?
 
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Old 08-12-2007 | 11:12 PM
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Originally Posted by fecurtis
What would be considered a fair residual value for these cars?
You will see when I post the programs tomorrow that will compare IFS to other lease sources.
 
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Old 08-12-2007 | 11:31 PM
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Thanks alot guys. Whats the IFS

So what would you guys do in my posistion i really dont want to make the wrong movee and wind up getting screwed for 3-4 years
 
  #9  
Old 08-13-2007 | 12:30 AM
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Originally Posted by vinnys coupe
Thanks alot guys. Whats the IFS

So what would you guys do in my posistion i really dont want to make the wrong movee and wind up getting screwed for 3-4 years
That all depends, do you plan on driving your next car til the wheels fall off? Do you want to actually OWN the car? If not, then leasing is probably better.
 
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Old 08-13-2007 | 12:38 AM
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Well im a young driver so im trying to stay away from leasing bc dents and scratching or w.e. they could charge you for.

How does that work, when you return your lease how bad do they fine you..well not fine but fee you??
 
  #11  
Old 08-13-2007 | 05:15 PM
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Lease Rates are Up

ok - what do you think guys, is the money factor high, or is this a good deal?

www.leasecompare.com
 
  #12  
Old 08-13-2007 | 05:24 PM
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335 ftw
 
  #13  
Old 08-13-2007 | 06:23 PM
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ftw?
 
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Old 08-13-2007 | 06:25 PM
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Originally Posted by vinnys coupe
Well im a young driver so im trying to stay away from leasing bc dents and scratching or w.e. they could charge you for.

How does that work, when you return your lease how bad do they fine you..well not fine but fee you??
anyone?
 
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Old 08-13-2007 | 07:16 PM
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Originally Posted by 617G
335 ftw
+1.....335 all the way...don't waste your time with the G37...335 ftw
 


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