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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
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Replying to: wbb56 (Apr 02, 2007 5:15 am) 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? |
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Replying to: delta737h (Apr 03, 2007 7:07 pm) 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
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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
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Replying to: l0m6905 (Apr 04, 2007 7:06 am) 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 |
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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 |
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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 bmwsales John Ciocca |
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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 |
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Replying to: klutzie (Apr 03, 2007 10:27 am) 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.
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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 Thanks again for the help!
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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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