I live in Rockvill, Maryland.
I’ve been looking to lease luxurious SUVs and just found this special offer at one of BMW dealerships website in my area.
It says:
[just Announced Special !
Lease for $479
or
Finance at 2.9%
2009 BMW X5 Twin Turbo Diesel with Panarama Roof, Heated Seats, Keyless Entry and BMW Ultimate Service.
* Stock# 138006. Terms: 36 months/10,000 miles per year. Lease requires $3500 plus 1st payment, refunddable security deposit, tax, tags and acquisition fee. BMW Conquest lease cash already used in lease calculation. On approved credit through BMWFS. Vehicle shown is not actual vehicle. Offer ends June 30,2009. Subject to prior sale. Must qualify for lease or finance through BMWFS.]
Does this sound reasonable? Can I still negotiate about the downpayment and monthly payment even though it is a special offer?
Is that the type vehicle that you really want?? Remember that diesels require diesel fuel that may not be available everywhere. They are also noisier than gas powers vehicles. The lease only allows 10,000 miles per year and that is not very many. If you go over on the miles you will be required to pay a penalty.
I also note a $3,500 cap reduction and an acqusition fee whatever that is. This deal sounds good on the surface ($479 per month) but not so good when you read the fine print.
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Is that the type vehicle that you really want?? Remember that diesels require diesel fuel that may not be available everywhere. They are also noisier than gas powers vehicles. The lease only allows 10,000 miles per year and that is not very many. If you go over on the miles you will be required to pay a penalty.
I also note a $3,500 cap reduction and an acqusition fee whatever that is. This deal sounds good on the surface ($479 per month) but not so good when you read the fine print.
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