Quote:
Originally Posted by Michaelc82
Question for all of you.. I've been looking at the X1 for a bit now and I think I'm leaning towards the sDrive28i with the M sport package... Love the sports seats, paddle shifter and steering wheel, and also like the better suspension.
A dealership here in Los Angeles located a dealer trade for me, and is offering me the following:
2014 X1 sDrive28i
M Sport
19" double spoke wheels
Alpine white
Black leatherette interior
Technology package
Heated seats
MSRP 39,325
Sale price: 37,751 (I think I can get it for 37,500 today if I go back)
Im thinking of leasing as well.. They want $3500 down.. At $500 a month with 15k miles per year.
Let me know your thoughts!
Thanks
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That's a beyond terrible deal.
Unless you're forgetting some options (which I don't think you are based on leatherette) the real MSRP of that car is $38,075. The invoice price is $35,570 including destination and handling, MACO fee, and training service fee.
I would not pay more than $36,070 for that car. You can get these for $500 over invoice all day long.
They are raping you on the lease as well. Aside from the fact that you should never, never, never put money down on a lease, assuming $36070 capitalized cost with 6% tax, base money factor of .00127 and a 57% residual, you should be at $500 even per month with no down payment.
Negotiate up from invoice price, not down from MSRP.
www.bmwconfig.com is your friend for finding out the true invoice cost of your car.