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BMW 3-Series Lease Questions

2493 messages,  Last post on Oct 05, 2008 at 6:44 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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#1646 of 2493
Illinois leasing? by kocsi1
Jun 30, 2007 (9:45 am)
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Anyone here from Il? I'm lookin to lease a pretty simple 328i with met paint, AT, and heated seats. The dealer out in Schaumburg had what I wanted, except it had powerseats. He quoted me a price "special" at 1378 over invoice. Basing on what I've read, ppl's experiences with negoatiations there has been ppl getting their cars near invoice! So I offered barely above invoice, he said it was below invoice. I said no, then he said that doesn't include training and marketing fees, I said it's not for me to pay (but I guess it is?) and that it's already a 6% off of something. I said the profit margin is 8%, he says they don't take holdbacks (although earlier he said none are offered at all). Then he says "Well maybe you should find another dealer." Which more-or-less his way of saying "buzz off jerk". He seemed hesitant to find out the MF and other details. Should've been a sign. And this was the internet manager! Amazing!
 
Any tips on the manner you guys are approaching negotiations? Obviously this one didn't work out! I figured he'd at least work up from my offer, but nothing! I wasn't trying to swindle the guy or I would've offered below invoice! geez!
#1647 of 2493
Re: 328i Lease Offers.. [totowa] by kocsi1
Jun 30, 2007 (10:35 am)
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Replying to: totowa (Jun 26, 2007 7:50 pm)

Holy cow! that's awesome! read my post, I had the *exact* same MSRP and base cap cost (i.e. same car)! My salesman wasn't too nice when I tried to negotiate. Numbers I got
MSRP 36420
Invoice 33585+ MACO fee
Their "special": 34963 (1378 over invoice excluding maco averaged in)
0 down, security deposit of 550, 168 for plates and first mo payment.
residual of 68%
Mo pay: 527 (with tax)
He didn't know the MF, but the RV was better at this dealer. However the monthly payment was waaay higher.
In the end when i tried to bring down the CC, he told me to find another dealer.
#1648 of 2493
Re: Lease offer on 335i Sedan - PA [rasta2] by kocsi1
Jun 30, 2007 (10:43 am)
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Replying to: rasta2 (Jun 27, 2007 1:46 pm)

$2005 over invoice? They wouldn't bring it down any further?
#1649 of 2493
MF rates for July by atreya
Jun 30, 2007 (11:09 am)
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Hi Car_man,
 
Thanks to your advice I locked in on a good MF on my 328i coupe. Since I ordered my car, it should be arriving end of July or early August. And the MF at the time of signing counts, right? Do you know what buy rate MF is for a 328i coupe for the month of July?
 
Thanks in advance.
#1650 of 2493
Re: Lease offer 335i sedan [megaphani] by mwlmd1
Jun 30, 2007 (3:18 pm)
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Replying to: megaphani (Jun 30, 2007 9:33 am)

That was At Rasmussen in Portland, OR (no sales tax in Oregon).
#1651 of 2493
Re: Illinois leasing? [kocsi1] by guy1974
Jun 30, 2007 (4:23 pm)
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Replying to: kocsi1 (Jun 30, 2007 9:45 am)

Sorry he didn`t deal but very few people get just over invoice - realistically you are looking at $1000 over invoice as being a good deal. That is more than half way between MSRP and invoice.
My experience was that the dealer was pretty upfront and came out close to $1000 over then got him down to that - pushing even further would have been hard going and just sour the whole thing, if not being completely fruitless.
#1652 of 2493
R and MF for July on 335i Coupe by beamer_search
Jul 01, 2007 (7:43 pm)
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Hi Car_man,
Need your help. I am negotiating a lease for a 335i Coupe. Could you tell me the R and MF for July for a 36 month/ 15,000 miles lease. The dealer is saying that most dealerships in Northern California markup the MF by 0.0004. Is this true?
Thank you.
#1653 of 2493
Bay Area Leasing / Prices by alchemist25
Jul 04, 2007 (1:04 pm)
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This is the deal i was offered from SF BMW
 
07 328i sedan with premium, metallic, steptronic and xenon
MSRP $38,975
Selling $37,000
36/12k
$1,200 total drive off
$481 + tax
 
Internet salesperson claims money factor/apr is set at 1.9%
Did anyone from the bay area get a better deal on vehicle with the same configurations? If this is not a good deal, what selling price/and or monthly should i be aiming for. Thanks
#1654 of 2493
Leasing a 335i Convertible by cuco
Jul 07, 2007 (5:36 pm)
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Hi Carman,
 
  First of all, thanks for your help. Three years ago I learned enough from your information in this forum to allow me to get a great lease on a Z4. I love that car. Now, that lease is ending next month.
 
  I'm looking into a 2007 or 2008 335i Convertible. I was wondering if you have information on the Money Factor and the Residuals for 10k miles per year and either 24 or 36 months.
 
  Also, does anyone know if $1000 over invoice is a good number for the cap cost to this car?
 
  I'm looking in the NJ, PA area for dealers.
 
  Thanks all.
#1655 of 2493
328i Southern California Lease Help !!! by 328iguy
Jul 07, 2007 (6:32 pm)
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I want a 2007 328i coupe with : metallic paint, premium sound, sports package, power seats, navigation, comfort access, ipod/usb, automatic. I went to the dealership today and they said the MF have increased since Jul 02 . Is this true? I assumed from reading these posts it would be 1.4. But the manager told me this was only for repeat customers. . ??? Also he was calclating off a 58% RV and a 1.7 MF . . . I know I would have to custom order this car but what kind of lease payment can I really expect? I want to lease 36 mo / 15k and put up to $2000 down . . .Please write back. . .

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