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rsk12
10-24-2005, 09:05 PM
Hi group

I am planning to take over a lease. Following are the details. It looks like a good deal to me. Can you pls give your opinions. Also pls let me know anything specifi that I have to looks for while taking over the lease. Pls note I am in Canada and the prices are in C$.

Vehicle information
Year 2005
Make BMW
Model 325I Executive Edition
Body style 4 Door Sedan
Exterior colour Silver
Interior colour Black
Engine Inline 6 Cyl. 2.5L
Transmission Automatic-5 speed
Current kilometres 9100
Vehicle Features
Front climate control Power windows
Power door locks Power trunk/hatch
Power drivers seat Power passenger seat
Memory power seats Power sun roof
Power mirrors Heated mirrors
Leatherette/vinyl seats Quad seating
Heated seats Bucket seats
17 inch alloy wheels All season tires
AM/FM stereo + CD MP3 player
Premium sound system Vehicle information system
Dual front and side air bags Anti-lock brakes
Traction control Remote keyless entry
Bi-xenon headlights Fog lights
Cruise control Tilt steering wheel
Balance of Factory Warranty Maintenance plan
Roadside assistance


Lease Take-Over details
Leasing company BMW Finance
Monthly payment, before taxes $556.50
Monthly payment, incl. taxes $639.98
Original down payment 0
Security deposit 650
Purchase Option at end of lease 27590
Total Kilometre allowance 64974
Excess km charge 0.20
Original lease term (months) 39
Lease expiry date 8/2/2008


Take over this lease for 34 months for only $556.50 per month plus taxes and receive $650.00 as a cash incentive paid directly to you. It currently has 9100 km’s and you can drive it up to 64974 km’s at no extra cost.

thanks
rsk

kaput
10-25-2005, 07:01 PM
.

lastprodigy
10-25-2005, 08:08 PM
Dont some give up even a few thousand to take a lease?? Im not sure but might be worth checking out!

A790
10-25-2005, 08:50 PM
Originally posted by kaput
This is probably something really obvious and related to how leases are set up, but why is the monthly price including GST 15% higher? Something to do with how interest works?

GTS (7%) plus PST (8%)... not that hard?

kaput
10-25-2005, 09:56 PM
.

benyl
10-25-2005, 10:16 PM
haha, nice leasebusters ad.

There are WAY better deals to be had, just wait.

There was an M3 on that site that had an 18,000 down payment and an 8,000 cash incentive. Made the payments like $800/month from a normal $1200