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BMW 3-Series Lease Questions

3224 messages,  Last post on Dec 07, 2009 at 2:35 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1405 of 3224
Re: Is this a good deal? (335i coupe) [wbb56] by hkg
Apr 03, 2007 (9:11 pm)
Reply

Replying to: wbb56 (Apr 02, 2007 5:15 am)

I know what you mean about dealers not budging on the MF,
in the Bay Area most dealers won't even budge off MSRP.
I have the following deal
 
36mo/12K lease
335i Coupe
SportPackage
Steptronic Trans
Paddle Shifters
 
MSRP $44525
INVOICE $41520
Negotiated $43525 ($2005 over invoice or $1000 under MSRP)
 
$0 Down
$5600 Max MSD (7SD + 1SD required for first time buyer)
MF 0.0017(Base) + 0.0004 (max dealer markup 0.0004 - no negotiation here) -0.00049 (7 MSD) = 0.00161
Residual 60%
 
Monthly = $650.71 (incl Sales Tax)
 
I have put down a deposit and got a production number, I know deals are dependent on geographic region and sales tax
 
Just wanted some opinions, even though I have dropped a deposit I can still bail and get the deposit back since it's refundable right?
#1406 of 3224
Re: Good Deal on 2007 328 coupe [delta737h] by l0m6905
Apr 04, 2007 (7:06 am)
Reply

Replying to: delta737h (Apr 03, 2007 7:07 pm)

Hello John-
 
Here are the answers to your questions:
 
1. BMW of Dallas would not lower much less offer a discount on the 3 series coupes. Discounts were available on other models but I am interested only in the coupe.
 
2. All 3 series come with run flat tires therefore, the dealership highly recommend the tire & wheel protection. This provides coverage for the full lease term such as replacement of all tires due to wear & tear or flats. They stated if a tire has a nail it must be replace & cannot be repaired. The cost per tire is about $380.00 so I figured this would be a good thing.
 
3.I know the $825 acquisition fee is high & I brought that to their attention but they would not lower this fee.
 
4.Every 3 years I lease a BMW. My lease on the 525i ends April 8. All lease payments were paid with the exception of the balance owned which is $26,891.23. The allowance/value of the car was $25,250.00 & according to the Kelly Blue Book the car fell in the good condition category with a price of $25,590 so I figured that number was reasonable given the car would definitly require re-condition before it is place on the lot.
 
If you need any additional info let me know.
 
Thanks John
#1407 of 3224
Re-Lease of my BMW 325xi by novalauren
Apr 04, 2007 (7:11 am)
Reply
so my lease is coming to an end...I really love the car...don't want to lay any more cash down up front for a new car...and the monthly payments to buy the car are higher than what I want to spend.
  
has anyone re-leased their bmw for another 2 or 3 year term???? what was your experience?
  
I have yet to contact BMW to ask any questions about the process....not even sure if it is an available option
#1408 of 3224
Re: Good Deal on 2007 328 coupe [l0m6905] by delta737h
Apr 04, 2007 (8:52 am)
Reply

Replying to: l0m6905 (Apr 04, 2007 7:06 am)

Hey 10m6905!
 
Thanks for the info. Do you have an established relationship with this particular dealership? I would visit one or two other dealers. The sell price and acquisition fee seems way out of line to me. However, perhaps the demand is very strong for the 328 coupe and is the reason why the dealer can get full pop. Certainly, though, they can reduce the acquisition fee by $200. I sense greed on the part of this dealer. I'd go shopping elsewhere.
 
John
#1409 of 3224
Short supply of coupes on the north east by cioccabmw
Apr 04, 2007 (9:02 am)
Reply
Currently there is a supply crunch on the coupes and drought of convertibles. If anyone is having a hard time getting a discount on a coupe or a convertible and you are in the pa, nj, ny area let me know.
 
John Ciocca
#1410 of 3224
Lease end options To novalauren by cioccabmw
Apr 04, 2007 (9:17 am)
Reply
Usually it is not advantageous to release your BMW due to incentives on current leases. You can re-lease your car but your dealer will only have programs called dollar based residuals and high money factors. In reality your payment will go up from where you are now. You can e-mail me at bmwsales1800thompson.com directly with any questions.
 
John Ciocca
#1411 of 3224
328xi Coupe Help by beamerjbu
Apr 04, 2007 (9:57 am)
Reply
Hello Car_Man,
 
Looking to lease a 328xi Coupe with Premium and Cold Weather Package in New Jersey (MSRP 43,000) - What should I expect to pay for a 36/12k lease for this vehicle? How much total upfront? What is the current residual and money factor for this car/lease?
Thanks so much for your help.
John
#1412 of 3224
Re: 328xi Coupe deal or no deal? [klutzie] by grafix1
Apr 04, 2007 (10:16 am)
Reply

Replying to: klutzie (Apr 03, 2007 10:27 am)

Klutzie,
  I Think you're paying a little too much...Keep shopping is my advice. Try atleast 3 dealerships to compare prices and make sure have it in writing each time they give you a quote. Remember, deal from invoice up, not MSRP. Also, have 0 out of pocket except your first month and registration fee. Don't be afraid to squeeze the milage if you have to. Every $100 they lower on the car, you will save $5 bucks a month. Good Lcuk dude.
#1413 of 3224
Anyone know the April MF's for 328i Sedan? by mpm6821
Apr 04, 2007 (11:01 am)
Reply
Hi all,
 
First off, let me graciously thank all of you for your contributions to this forum. The information has been invaluable!
I am ready to start making some offers on an 328i and the only information I am missing is the new April MF for 36 months/12k miles. I talked to a dealer today and he told me they went up to .00195 but he could get it down to .0018 with a security deposit. If he's doing his max allowed mark up (.0004), I'm assuming the new rate is between .0014 and .0015.
 
Last thing...he tried telling me the bank fee went up to $825 but we all know that's not true . I'll let him think he has me on that one for right now...
 
Thanks again for the help!
#1414 of 3224
<b>Can You Help Me On A 2007 328 Coupe Lease by milosmom
Apr 04, 2007 (11:33 am)
Reply
Hi,
 
I live in Los Angeles and I want to lease a 2007 328 coupe and need some advise on the lease deal. Here are the details.
 
2007 328 Coupe
Blk/Blk
Premium Package
Sport Package
Automatic
Comfort Access
MSRP $42,100
Invoice $38,785
$0 Down
No Trade
Excellent Credit
  
I'm really confused about the money factor and security deposit stuff.
 
Please help..What kind of a deal should I propose to a dealer?
 
Thanks,
 
Sharon

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