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BMW 3-Series Lease Questions

3203 messages,  Last post on Dec 02, 2009 at 4:05 AM

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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#1754 of 3203
2007 328i 36 month lease by fourizonly007
Aug 24, 2007 (6:27 am)
Reply
Hi Car_man,
 
Can you please let me know if this is a decent deal for the Los Angles area? What would be the monthly payment if the drive off is only $2,000? Thank you for your assistance.
 
2007 BMW 328i Sedan base plus automatic transmission.
MSRP $34,450
Selling $33,155
 
Lender BMW Financial Services
 Term 36 Months
 Mileage 12,000/year
 Money Factor 1.65
 Residual Factor 63%
     
 Selling Price $33,155.00
 Bank Fee $825.00
   
 Total Capitalized Cost
 $33,980.00
     
 Residual Value $21,703.50
 Total Depreciation $9,991.80
 Capital Reduction $2,284.70
 Monthly Depreciation $277.55
 Monthly Rent $88.11
   
 Monthly Payment $365.66
 Tax (7.75%) $28.34
   
 Monthly Payment + Tax $394.00
     
 Capital Reduction $2,284.70
 Cap Reduction Tax (7.75%) $180.55
 License & Registration $284.75
 Documentation Fee $45.00
 First Payment $394.00
 Security Deposit $0.00
   
 Drive Off $3,189.00
#1755 of 3203
Re: 2007 328i 36 month lease [fourizonly007] by cdnpinhead
Aug 24, 2007 (8:41 am)
Reply

Replying to: fourizonly007 (Aug 24, 2007 6:27 am)

Car_Man is extremely helpful when he can find time to respond which, based on what I've seen, is every couple or three weeks. There are some others who are often very helpful who show up more often, so maybe one of them will be able to help you.
 
I guess what I'm trying to say is that you will get an answer, but it may not be anytime really soon. At least you gave them every possible scrap of information, which is helpful.
 
About all I can say is that $825 "bank fee" is the thing that many dealers mark up from the $625, which is what it should cost. Oh, and the "cap cost reduction" usually isn't a good idea. You only got ~$1300 off the sticker price on a car that's about to become a year old when the '08s come out.
#1756 of 3203
Re: Lease Expiry [grantchstr] by oceana143
Aug 24, 2007 (8:45 am)
Reply

Replying to: grantchstr (Aug 23, 2007 6:37 am)

I am looking at leasing, then buying if I like the car and have analyzed this scenario. If you have a great car, no problems, etc., buying it with cash or a two-year loan (so that total financing is five years max)can be a very good deal. A dealer in Toledo, Ohio last night told me that customers have been doing that rather than re-leasing if the residual and vehicle experience meet expectations.
#1757 of 3203
Re: 2007 328i 36 month lease [cdnpinhead] by fourizonly007
Aug 24, 2007 (8:54 am)
Reply

Replying to: cdnpinhead (Aug 24, 2007 8:41 am)

cdnpinhead,
 
Thanks for the helpful information. So, I shouldn't pay for any cap cost reduction at all? I like to keep the drive off as low as possible given this is a lease. Thank you!
#1758 of 3203
Proposed Lease Deal by austinro30
Aug 24, 2007 (1:28 pm)
Reply
What do you think for wife:
 
2007 328i sedan
auto
Red
$34,450 msrp
32,450 selling price
36/15k
$443 plus tax ($470 all in)
0 due at signing- out the door-sign and drive
 
Also 9k trade in for '02 325i
with 90k miles, auto, premium package
 
Thanks for your imput..
#1759 of 3203
Re: Proposed Lease Deal [austinro30] by kyfdx HOST
Aug 25, 2007 (5:10 am)
Reply

Replying to: austinro30 (Aug 24, 2007 1:28 pm)

$9K for an '02 325i??
 
I'd be tempted to try and sell this myself...
#1760 of 3203
Re: Does Lease, Then Buy as a CPO Make Sense? [moocher] by frooky
Aug 25, 2007 (9:59 am)
Reply

Replying to: moocher (Aug 22, 2007 10:44 am)

This is EXACTLY why I've started leasing. Just FYI, Capital One money market accounts are earning 5% right now which is what I'm using to subsidize my lease payments. I plan on having 10 grand saved up by the time I start my lease on a BMW which minus the initial security deposits and property tax should leave somewhere in the neighborhood of 5 grand earning 5% interest over the 36 month lease in addition to the $400 a month going into the money market right now for my current Honda lease. This will not disrupt my socking away of $500 a month for my next, next car which will hopefully be a 528i.
#1761 of 3203
Looking for info on 335xi by jabber
Aug 26, 2007 (9:14 am)
Reply
Carman,
 
Can you provide the variables for a 36 month lease of a 2007 335xi sedan for both 10K and 12K miles/yr? Looking of course for:
 
money factor
residual
acquisition fee
over mileage fee
security deposit requirement
 
Assume top tier credit rating. Also, are there any special lease programs or dealer incentives on this vehicle?
 
Thanks!
 
-Jabber
#1762 of 3203
Lease 328i in LA by bmw328lease
Aug 26, 2007 (10:03 pm)
Reply
Hi Carman,
 
I have 3 options to choose from. Need some help to decide the best one:
 
1. 2007 328i with Auto
$328/mo + tax for 24 month
$3490.00 total drive off due at lease inception, includes $1747.43 cap reduction and $0 security deposit
10000 Miles Per year
Selling Price $33,527.80
MSRP $34,925.00
 
2. 2007 328i with Auto
$399/mo + tax for 36 month
$1675.00 total drive off due at lease inception, includes $0 cap reduction and $0 security deposit
10000 Miles Per year
 
3. 2007 BMW 328i with Auto (Sedan Lease Offer from BMW)
http://www.bmwusa.com/vehicles/3/2007328iSedan/programs.htm?PanelID=4
 
$339 p.m. + Tax
10k miles/yr
 
$339 First month's payment
$2,500 Down payment
$350 Security deposit
$3,189 Cash due at signing
MSRP of $34,450.00
 
Or does it make sense to just wait till the 2008 models are out and hope to get lease specials on 2007 models??
 
Your inputs would be greatly appreciated.
 
Thanks!
 
#1763 of 3203
Re: Lease 328i in LA [bmw328lease] by fourizonly007
Aug 26, 2007 (10:37 pm)
Reply

Replying to: bmw328lease (Aug 26, 2007 10:03 pm)

I just got a 2007 328i with Auto, Sparkling Graphite, floor mats and chrome exhause similar to your deal #2. I got the car from a deal in LA.
 
$448/mo includes tax for 36 month
$888.00 total drive off due at lease inception.
10,000 miles per year
 
I think I could have gotten the deal with 12k/yr.

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