Has anyone leased a new BMW?

[M suspect]

I'm going to lease a 2016 428i grand coupe. MSRP is $47,879, negotiated down to $47,200. I plan to lease for 3 years. I already sent my deposit of $2,500 to secure the deal. My monthly payment will be $658 per month with taxes. Money factor is .00225. Residual value is $28,744.

Did I get a good deal?

 

[michnittlion]

1% off MSRP? You suck as a negotiator.

 

[PharmD Blue]

I actually just leased a new 2016 Aston Martin. Sticker price was $245,000 but I was able to negotiate it down to $244,750. Did I get a good deal?

 

[Reality Man]

Congrats. Enjoy your new car.

 

[M suspect]

1% off MSRP? You suck as a negotiator.

What car do you drive? I'm willing to bet if you're driving a luxury brand car it's either a) old, at least 7 yrs old or b) newer model 3-5 yrs old but with high mileage around 60K miles so you can say you can afford a luxury car. Lol.

 

[M suspect]

I actually just leased a new 2016 Aston Martin. Sticker price was $245,000 but I was able to negotiate it down to $244,750. Did I get a good deal?

I'm assuming you graduated from UM. If so, how is your degree working for you?

 

[michnittlion]

What car do you drive? I'm willing to bet if you're driving a luxury brand car it's either a) old, at least 7 yrs old or b) newer model 3-5 yrs old but with high mileage around 60K miles so you can say you can afford a luxury car. Lol.

I drive a Dodge Stratus.

 

[PharmD Blue]

I'm assuming you graduated from UM. If so, how is your degree working for you?

I'm assuming you graduated from rutgers. If so, how is your degree working for you? And have you ever leased a 2016 Aston Martin?

 

[UCFhonors]

I drive a Dodge Stratus.

That's pretty badass. I bet you're a division manager who can do 100 push ups in 20 minutes.

 

[Joe Gory]

7-8 years ago I was all about driving a luxury brand; since have realized it's a waste of money - especially with kids & dogs. Now I drive a Toyota

 

[goblue31602]

What car do you drive? I'm willing to bet if you're driving a luxury brand car it's either a) old, at least 7 yrs old or b) newer model 3-5 yrs old but with high mileage around 60K miles so you can say you can afford a luxury car. Lol.

Says the guy leasing a car. Leasing is another way to "say you can afford a luxury car."

If you can truly afford a luxury car, you'd buy it.

 

[michnittlion]

That's pretty badass. I bet you're a division manager who can do 100 push ups in 20 minutes.

If a discussion about physical prowess doesn't draw out Princeton_Is_Educated (who already is participating in this thread anyway ), nothing will.

 

[Joe Gory]

If a discussion about physical prowess doesn't draw out Princeton_Is_Educated (who already is participating in this thread anyway ), nothing will.

And if you draw out PiE, BAW is sure to follow

 

[M suspect]

I drive a Dodge Stratus.

What do you do for a living? What degree did you graduate in from PSU? Do you think you investment in your education was wise?

 

[M suspect]

Says the guy leasing a car. Leasing is another way to "say you can afford a luxury car."

If you can truly afford a luxury car, you'd buy it.

You sound jealous. There's no shame in admitting you can't afford the $400-$500 plus monthly payment to lease a luxury car. Stick to driving a bottom feeder models from Fiat, Ford, Honda, Toyota, Kia or Hyundai.

 

[goblue31602]

You sound jealous. There's no shame in admitting you can't afford the $400-$500 plus monthly payment to lease a luxury car. Stick to driving a bottom feeder models from Fiat, Ford, Honda, Toyota, Kia or Hyundai.

Jealous? No, I'm just intelligent enough to know that if you're looking for a sound financial decision, you wouldn't be considering a lease.

And I drive a luxury car, so does my wife.

 

[michnittlion]

What do you do for a living? What degree did you graduate in from PSU? Do you think you investment in your education was wise?

Division manager in charge of 49 folk. My direct reports are scared of me.