Quote:
Originally Posted by hbtrojan
Hi all,
Newbie here and first time leaser. Was originally going to go with a 3-series, but with 3 kids going to stretch for a 528. With the model change upcoming - hoping to get a good deal here in SoCal. What do folks think of this deal from McKenna BMW? It's their advertised special:
2013 528i Sedan with Navigation
$329* a month plus tax
$2,995 Down
Includes Owner Loyalty Rebate of $1,000
Includes Turn-Key Rebate of $359
36 Month lease
10,000 miles per year
One at this Price, VIN DY32630
MSRP $51,745
Lease offer available to clients with a 740 plus FICO score on approved credit with BMW Financial Services. Lessee responsible for $2,995 down, first payment, acquisition fee, license, tax, documentation fee, and state fee's at signing. Lease offer good for 10,000 miles per year with 20 cents per mile overage. Selling price $45,580. See dealer for qualification details for Owner Loyalty, Turn-Key and/or Lease Cash Rebates.
http://www.mckennabmw.com/lease-a-2013-528i.htm
Any help or comments would be greatly appreciated - thanks! |
Good deal. They are selling it under invoice before the incentives mentioned ($1000 loyalty and $1500 build out credit).
However instead of $3k downpayment I'd do 7 MSD (security deposits, fully refundable) for about the same amount. It will reduce the Money Factor. Your payment will be higher though, but interest will be ~1% less.