How much does it cost to purchase a BMW i3?
From Wikipedia: Pricing in the United States starts at US$42,275 before any government incentives, and the range extender option costs an additional US$3,850. Prices in Germany start from €34,950 (US$46,400). Pricing in the UK starts at GB£30,680 (US$47,195) before the applicable government grant. As of August 2014, almost 10,000 units have been sold in Europe and North America. As of June 2014, Germany, Norway and the UK were the top selling markets.
How much does it cost to maintain a BMW X1 in India?
I can do all the calculations and everything else but it doesn't matter.In simple words, if you are asking this question in the first place, you should not be considering buying a high end luxury car.All of them cost a lot to maintain. Even the low end cars like Skoda, VW cost enough, that only upper middle class can maintain them and keep 'em in good shape.
Can I lease a BMW in India? If so, how much does it cost?
Yes, you can lease not only BMW but other luxury cars as well(audi,bmw,Mercedes,jaguar).There are many online sites you can visit and get the car most of them have the same common plan(as shownA screenshot from the app cherishYou can also go directly to shops like rally motors in karol bagh (delhi),bbt shops like them lease cars as well.Note: You have to deposit some security and some documents as well.
Can you lease a certified pre-owned BMW?
I considered leasing a CPO'd 2006 M5 but there is no such thing. I was told by several dealers that some specific models of BMW (i.e. the M models) cannot be made into a CPO. That may or may not be an issue for you. The important thing are the lease details (rate, residual, etc.) From what I found, the lease on a new car had so many more incentives, the payments on a used car became almost as expensive as a new one. Factor in the free maintenance, it became a no-brainer. Long story short-I leased a new M5.
What are requirements for leasing with BMW?
Although you're looking to lease, you are still taking out a loan. Banks loan money based on your "debt to net" ratio, which is how much you get paid, versus how much you pay out. They will not approve a loan which exceeds 25% of your net (take home) pay. In your case, if 12,000 is your net income, your max payment would be $250. Though you have a decent credit score, you do not have enough established credit history to be approved for a lease (typically, only the top 10% of buyers qualify for a lease). Your problem is that you have no "credit highs." You have $2,000 in revolving credit (credit cards), and a small car loan. Broken down to an hourly wage, you make less than minimum wage, and are below the poverty line. You cannot, in any way, afford this car. Keep in mind that even if you did qualify for a lease (you won't), the full coverage insurance you're required to have would have a higher payment than the car itself (full coverage for a 20 year-old, on a leased BMW would run you around $400 - $500 per month). In addition, you're going to need to put gas in the car, so let's estimate $250 per month (the national average). You also need to consider incidentals (oil changes, tires, maintenance, and upkeep), so let's estimate another $100 set aside just for that. Assuming you found a $300 lease payment (you won't find one that low), once you add in the other costs, you're up to no less than $1,050 per month, which is more than you make. Your better off keeping the car you have now. Sorry I don't have better news.
How much does it cost to keep up with a BMW? oil changes, tires, etc.?
I once owned a BMW and I tell everyone that BMW is the single most expensive car to maintain that exists on the face of the earth. Oil filters are proprietary, meaning you have to purchase them from the dealer and when I had mine they were around $14. Batteries to fit them are not made by any American companies either. It cost me $170 to purchase a battery from the dealer. The neutral start switch failed and that was $130 while the same part for an American car typically runs around $25 to $35, I finally got rid of it before it ate my wallet alive.
I am thinking about buying a bmw 3 series?
First of all, BMWs do not have V6 engines. They are inline 6. My M3 gets at least 25 mpg on a regular basis, unless I drive it hard for a whole tank of gas. I have hit close to 30 on long interstate drives. Not by the computer, but actually dividing the miles by the gallons on the pump. You will love a 3 series. Maintenance is free for 4 years or 50K miles. I buy my cars, if you think you're going to keep it a lease is more in the long run. Lease = rent. Also BMW service is top notch. I just replaced my battery today, warranty long over, they replaced it for free and did full electrical check. Turns out it was just a bad battery.