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BMW 3-Series Lease Questions

3226 messages,  Last post on Dec 08, 2009 at 2:50 PM

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


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#1421 of 3226
Re: Re-Lease of my BMW 325xi [novalauren] by rujo
Apr 06, 2007 (1:00 am)
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Replying to: novalauren (Apr 04, 2007 7:11 am)

I inquired about re-leasing my 2006 325i (24 month lease coming to an end). Dealer was useless - came up with ridiculous rates. BMWFS quoted rates 5-7% higher than my current payment for a 12 or 24 month re-lease. However, if I reduced my miles from 12k to 10k . . . a 12 month re-lease would be about 16% less than my current payment. (A 24 month/10k re-lease only lessened my current payment by 3%.)
 
Moral of the story? BMWFS may be able to help - local dealer almost certainly will not.
#1422 of 3226
Good dealers in Northern Cal (328xi) by thompsongk
Apr 06, 2007 (8:27 am)
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Hi,
 
Anyone had good experience of dealers in Northern Cal (Roseville would be perfect). Looking for 328xi with a few chosen options to make it approx $38K on inv according to Edmunds (12K miles per year on 36 month lease).
 
Shared some emails with Sacramento dealer:
$1800 over inv
.0004 over MF (got quoted .0023)
$200 added to fees ($825 quoted)
$150 security deposit
$5K trade-in
$6K cash down (which I have since read here is a very bad idea)
 
Sure I can do better....any thoughts or contacts?
I work in SF and Bay Area also, so thats not out of the question.
 
Thanks!!
#1423 of 3226
Re: Anyone know the April MF's for 328i Sedan? [mareeh77] by socal11
Apr 06, 2007 (8:35 am)
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Replying to: mareeh77 (Apr 05, 2007 7:21 pm)

I leased at Shelly BMW, located in Buena Park, CA. They were great and were very willing to work with me. They didn't have the car I wanted on lot, but called around to other dealers and found one. They sent someone over right away, and had the car there within an hour.
#1424 of 3226
Re: Good dealers in Northern Cal (328xi) [thompsongk] by dino001
Apr 06, 2007 (8:57 am)
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Replying to: thompsongk (Apr 06, 2007 8:27 am)

I would even ask the dealer to cut you a check for your trade minus the necessary fees, taxes and deposits just to get the lowest MF. Your MF is low, so you could do something different with cash on your hand than lock your return and live with higher payments.
 
Plus with GAP insurance included in payment anyway, any cap cost reduction is benefiting the bank more than not you (it's a risk management thing) - that's why they are so quick to take your trade or cash down.
#1425 of 3226
Re: Anyone know the April MF's for 328i Sedan? [socal11] by wrobbins8047
Apr 06, 2007 (12:11 pm)
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Replying to: socal11 (Apr 06, 2007 8:35 am)

What kind of deal you got with Shelly BMW?
#1426 of 3226
BMW April MF and Residuals by john7548
Apr 06, 2007 (12:17 pm)
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Does anyone know a site that has the April rates for BMW posted? I'm curious if the MF and residuals changed from the March numbers. Thank you
#1427 of 3226
Re: BMW April MF and Residuals [john7548] by rujo
Apr 06, 2007 (12:33 pm)
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Replying to: john7548 (Apr 06, 2007 12:17 pm)

http://forums.roadfly.com/forums/financing/
#1428 of 3226
Re: Anyone know the April MF's for 328i Sedan? [wrobbins8047] by socal11
Apr 06, 2007 (12:45 pm)
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Replying to: wrobbins8047 (Apr 06, 2007 12:11 pm)

Just leased a 328i sedan today from Shelly BMW in So Cal. I got a .00145 MF on a 36mo, 12,000miles. Bank fee of $625 (another dealer quoted $825). Here's the deal.
MSRP $42200 Invoice $38850
Paid $39822
Down $274
No security deposit
Residual Value $26472 (63%)
Only paid $1230 OUT the DOOR, which included first month payment, license,doc, and $274 downpayment.
Payment are $527 (incl. sales tax)
Options included: auto, navigation, sport pkg, premium pkg, xenon lights. They even threw in free floor mats.
I think I got a good deal.
#1429 of 3226
Re: Anyone know the April MF's for 328i Sedan? [socal11] by wrobbins8047
Apr 06, 2007 (1:24 pm)
Reply

Replying to: socal11 (Apr 06, 2007 12:45 pm)

I think you could have done better. What does the $274 go towards, and break down the 1230? The mats was included in your price somewhere.
 
I got a coupe with more options and pay around the same.

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