The RIDE: 2011 BMW 335i XDrive Coupe 6MT (Corporate Car w/ 10,400 miles)
Original MSRP : 55,800
Sale Price : 47200
BMW Olympic Incentive 1000
Total Selling price: 46200
Fees rolled in: $1000 ($acquisition/title/misc)
Residual: $32,623 (58.46%)
Due at lease signing: First month payment ($600, tax included)
payment is a true $600/month for a “new” 335i Xdrive coupe fully loaded that will be under warranty the whole time, excellent condition, stickered at 55800
Has Premium/Sport/ColdWeather/HarmanKardon/SatRadio/Convenience… Sapphire Black Metallic on Oyster/Black.
Carmax saved the day for me.. I had an $45,600 2008 IS350 for $600/mo taxes included as well (also just first month upfront), with 6 months left. I was going to be over my miles, lost a key and had some body damage, i would have been paying about $3000 at the end of the lease. Carmax appraised my car for $550 more than the payoff was going to be, so I got a check for $550 and also got out of paying $3000 so really they saved me $3,550+.
Congrats on the new ride Irfan! I like the ride a lot! Leasing slightly driven cars can be tricky because the residuals need to be adjusted due to the pre-existing miles, but if the numbers look good, you can actually drive away with a pretty good deal. 335i is awesome and for $600 bucks a month (on a $56k car) that’s a lot of car for not a lot of cash. Good job! Carmax has always been a great place to go to because the trade-in offers far exceed those from dealers. I’ve had dealers tell me Carmax is insane for cutting those deals. Good for US I say! Haahaa.
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