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BMW 3-Series Lease Questions

3200 messages,  Last post on Nov 25, 2009 at 7:08 AM

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What is this discussion about? BMW, Car Leasing, Sedan, Wagon

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#3191 of 3200 2009 328i - First Time Leasing by streetglyd Nov 21, 2009 (5:48 pm)
Went to the dealer today to look at leasing my first car. I have a couple of questions to make sure I am getting a good deal. The car is a 2009 328i executive car with about 6800 miles on it.   It has: Premium package Sport Package xeon headlights park distance sat. radio bluetooth heated seats   and maybe a few more options. The sticker is 45,295 and they are offering it for 38,895.   I think 38,895 for that car is a pretty fair deal. My questions come in on figuring out the lease...   Residual is .55 however they want to take off an additional $2000 for the millage that is already on it. Is this normal? Or can I get them to forget that? In other words residual value should be around $24,900 but they have it as $22,900.   Second is the money factor they offered was .0025 (I think). I should insist on .0021 right?   Also is there any benefit to the dealer if I put money down? If not, why do they care if I want to put 0, 2000, or 10,000 down? Should I be able to get it with 0 down as a first time leaser if my credit is pretty good?   Thanks is advance!
#3192 of 3200 CPO Lease by neil41487 Nov 23, 2009 (6:46 pm)
What kind of rates can one expect on a CPO lease?
#3193 of 3200 What is the Current Money Factor? by bmwleaser1 Nov 23, 2009 (6:58 pm)
I am trying to understand the advertised lease for a 2010 BMW 328i X-Drive Sedan that is listed on BMW's website. It states that the lease is $369/mo (no tax or title) based on a MSRP of $39,650, $1500 cap reduction, $3500 down, and $24,583 residual. In trying to figure out what the money factor is to produce this deal, I come up with something between .0014 and .0015. Does that sound right, or am I missing something? I have tried to contact BMW finance to ask, but they will not tell me (stating that one must speak with a dealer).
#3194 of 3200 2010 Lease Rates on 328i and 335i RWD sedan by urnzway Nov 23, 2009 (7:55 pm)
Hi Car_Man,   Can you please provide me with the residual and mf for a 2010 328i and 335i RWD sedan for 36 month term and 10,000 miles? Thanks!
#3195 of 3200 2010 BMW 328XI Coupe....Is this a good deal? by hchow Nov 24, 2009 (3:11 pm)
I got quoted $520 w/ 8.625 NY taxes included for:   10' 328xi Coupe (Alpine white/cream beige) steptronic cold weather sports pkg navigation power seats PDC BMW assist   MSRP: 45,725 Invoice: 42,600   Dealer agreed to invoice and $2,800 (1,250 down, 725 bank fee, 1st month, etc...) out the door. Is this a good deal?
#3196 of 3200 Don't forget the Holiday Credit by anowlan Nov 24, 2009 (4:10 pm)
There's a $1500 holiday credit on that car, so at invoice, isn't the dealer pocketing that? Replies to this message: bassholic (Nov 24, 2009 5:36 pm) hchow (Nov 24, 2009 6:43 pm) hollandog (Nov 25, 2009 7:03 am)
#3197 of 3200 Re: Don't forget the Holiday Credit [anowlan] by bassholic Nov 24, 2009 (5:36 pm)
Replying to: anowlan (Nov 24, 2009 4:10 pm) You are correct my friend! PRice could have been $1500 lower, but the buyer is in the price range that fits him/her so they should be happy. Replies to this message: hchow (Nov 24, 2009 6:43 pm) hollandog (Nov 25, 2009 7:03 am)
#3198 of 3200 Re: Don't forget the Holiday Credit [bassholic] by hchow Nov 24, 2009 (6:43 pm)
Replying to: bassholic (Nov 24, 2009 5:36 pm) Holdiay credit is factored in.......it is $4,300 out the door less $1,500 holiday credit...still a good deal? Replies to this message: hollandog (Nov 25, 2009 7:03 am)
#3199 of 3200 Re: Don't forget the Holiday Credit [hchow] by hollandog Nov 25, 2009 (7:03 am)
Replying to: hchow (Nov 24, 2009 6:43 pm) $1500 over invoice and $1250 down, not really a good deal to me.
#3200 of 3200 CPO Lease by socalwoo Nov 25, 2009 (7:08 am)
I'm looking at leasing a CPO 2007 335i sedan. What is the money factor supposed to be, and can I negotiate with the dealer over this?

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