Hi all,
So I just started working at a BMW dealer that is part of PAG (Penske Automotive Group) and I was checking the rates on a 335i for employee leases and I'm told I can get roughly $4500 under invoice with additional incentives. I'd be looking at leasing a 60k MSRP 335i (fully loaded, 2014 if it's still around).
A couple of questions:
1) What month would I receive the best incentives on? November? December? January? I have to wait 3 months to get the car under the pricing, but I can lock in my rate between any of those months.
2) What would invoice typically be? I've heard 8% under MSRP, and I've heard there's no real way to tell.
3) Has anyone done a Employee Lease before? Do you know if there is a contingency stating that if I leave my job my rate will go up?
Thank you!
So I just started working at a BMW dealer that is part of PAG (Penske Automotive Group) and I was checking the rates on a 335i for employee leases and I'm told I can get roughly $4500 under invoice with additional incentives. I'd be looking at leasing a 60k MSRP 335i (fully loaded, 2014 if it's still around).
A couple of questions:
1) What month would I receive the best incentives on? November? December? January? I have to wait 3 months to get the car under the pricing, but I can lock in my rate between any of those months.
2) What would invoice typically be? I've heard 8% under MSRP, and I've heard there's no real way to tell.
3) Has anyone done a Employee Lease before? Do you know if there is a contingency stating that if I leave my job my rate will go up?
Thank you!
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