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Last post on May 24, 2013 at 12:43 AM
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BMW, Car Leasing, Sedan, Wagon
#1 of 5172 BMW 3-Series: Lease Questions
by Car_man HOST
Aug 31, 2005 (3:10 am)
Hi everyone. Please use the following discussion to post any questions that you have about leasing a BMW 3-Series. Thanks.
Car_man
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Replies to this message:
- tranw (Nov 22, 2005 5:36 am)
- tranw (Nov 22, 2005 5:56 am)
- egold1 (Dec 29, 2005 5:59 pm)
- matt6573 (Jan 29, 2006 4:07 pm)
- jvpr (Mar 12, 2006 8:39 pm)
- 73ss (Aug 23, 2006 10:43 am)
- bgspa (Jan 11, 2007 12:08 pm)
- d9o9c (Jun 27, 2007 11:11 am)
- 962chat (Aug 14, 2007 5:32 pm)
- themachine (Aug 21, 2007 9:02 pm)
- drgeno72 (Sep 25, 2007 5:37 pm)
- mike1978y (May 24, 2010 9:42 am)
- rravin (Jul 26, 2010 3:37 pm)
#2 of 5172 Sept 3 series lease rates
by jpy
Sep 05, 2005 (11:54 am)
Car_man,
Have you had a chance to look at the new Sept lease program?
#3 of 5172 Re: Sept 3 series lease rates
by Car_man HOST
Sep 05, 2005 (2:50 pm)
Hi jpy. Yes, I have had an opportunity to take a look at BMW's new September lease program. I would be happy to give you an idea of what it is like if you tell me what model are you interested in, how long do you want to lease it for, and how many miles per year do you need to be able to drive it.
Car_man
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#4 of 5172 Sept Lease rates
by jpy
Sep 05, 2005 (8:57 pm)
Car man, Here are my numbers:
2006 330i
36 or 24 months
15k per year
#5 of 5172 Re: Sept 3 series lease rates [Car_man]
by ultimate_dm
Sep 06, 2005 (6:14 pm)
I am in the market for a 3 year/12k mile lease on a 330i (with Auto, Premium and Cold Weather). What is the Sept base money factor and residual value? I am receiving conflicting info from dealers in my area...
#6 of 5172 BMW 330i Sept Lease rates
by jpy
Sep 11, 2005 (7:03 am)
Does anyone have the new lease numbers (MF & Residual) for a 2006 330i - 36 or 24 months - 15k per year?
I can't seem to get an answer....thanks in advance.
JPY
#7 of 5172 Re: BMW 330i Sept Lease rates [jpy]
by kyfdx HOST
Sep 11, 2005 (7:11 am)
'06 330i
24 mo/15k mi – 69% Residual – Money Factor .00250
36 mo/15k mi – 60% Residual – Money Factor .00250
regards,
kyfdx
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#8 of 5172 Re: Re: Sept 3 series lease rates
by Car_man HOST
Sep 12, 2005 (4:15 am)
Hi ultimate_dm. According to the latest information that I have seen, if you were to leasen a 2006 BMW 330i through BMW Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00250 and 62%, respectively.
Car_man
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#9 of 5172 Residual Value
by moneyb24
Sep 15, 2005 (5:33 am)
I am about to lease a 06 330i demo for 36 months and 10k per year (I plan on purchasing at the end). MSRP is 42070. I have been offered price of 38975. (will negotiate lower to about 38000-38250, otherwise i wont buy it). But the quote sheet has an adjusted residual of 26315. That number is not 62% of either the MSRP or the quoted price. How is that number calculated? It seems too high when my payments total 18536.04 (514.89/month x36) (MF is .0025). Should the purchase price at the end be lower? Is the residual the acual lease buy-out at the end? Is the buy-out negotiable?
Also, do you think BMW dealerships should be more flexible in negotiating a sale price when they sell a demo car? The do give and extra 3months/5,000 miles on the warranty, but the car is still slightly used (1500miles). What should be the highest price I should pay on this car? I think 38975 is too high. The edmunds invoice is 38250. should that be my highest on this demo? Should I shoot for 38000? I appreciate the advice and help.
I want to make sure i am getting a really good deal on this car since it is not "new" even though it looks perfect. I initially was going to buy a 06 325i but this demo was a seemingly good alterative. This is my first car purchase I dont want to get screwed.
#10 of 5172 Re: Residual Value [moneyb24]
by kyfdx HOST
Sep 15, 2005 (6:55 am)
In my experience, demos are rarely discounted enough to make them a good buy..
But, getting to your residual question... I'm sure the residual is being reduced a certain amount, to account for the extra mileage already on the car.... Maybe $0.10, $0.15 or $0.20 per mile.... Play with the calculations and see if that makes the numbers come out right....
regards,
kyfdx
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