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Value My Trade

High to Low Make: A - Z Make: Z - A Model: A - Z Model: Z - A Trim: A - Z Trim: Z - A Body Style: A - Z Body Style: Z - A Mileage: Low to High Mileage: High to Low Ext. Z - A Distance: Near to Far Distance: Berlin City Nissan of Portland.

Choose your local BMW Center

Ebony Black Pearl Int. Tuxedo Black Metallic Int. CVT with Xtronic Ext. Berlin City Honda of Portland. Marine Blue Pearl Int. Medium Light Stone Mileage: Alien Pearl Metallic Int. Berlin City Toyota of Portland. Snow White Pearl Int.

Available Inventory

Capri Sea Metallic Int. You can save hundreds of dollars per month on a luxury car lease by following these five steps: Also, find out what the car you want is going for in your area by checking consumer auto sites like Edumunds. This will give you some baseline data for your negotiations.


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Go to the dealer and negotiate the sale price downward, just as you would when buying a car. Always offer a specific number, rather than asking them what they can do for you.


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Discover the money factor. The money factor is usually in decimal form, often with four or five decimal places.

WHY I LEASED MY BMW - CAR BUYING

Dealers use it to calculate the interest rate to be applied to the negotiated retail price — the annual percentage rate APR. To increase interest charges for lessees above what they pay lenders to finance the car, dealers simply jack up the money factor.

BMW Centers of New Hampshire - Manchester, Nashua and Stratham

How can you learn the money factor? Simply ask the dealer. Once you get the number often abbreviated on lease documents as MF , just multiply it times 2, — an industry financing constant — to get the APR. For example, if the money factor is. Getting the money factor, instead of just negotiating the APR, is a way of communicating to dealers that you know this is how they quantify the markup on financing. Thus, it has intimidation value.


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