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BMW 3-Series Lease Questions

3186 messages,  Last post on Nov 11, 2009 at 8:33 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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#1762 of 3186
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 3186
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.
#1764 of 3186
Re: Looking for info on 335xi [jabber] by jabber
Aug 27, 2007 (6:02 pm)
Reply

Replying to: jabber (Aug 26, 2007 9:14 am)

Carman,
 
Can you also provide me the same lease details for the 335xi Coupe as well as the Sedan??
 
Thanks.
 
-Jabber
#1765 of 3186
2008 328i coupe lease. Please HELP. :( by tigerkitty
Aug 28, 2007 (10:43 am)
Reply
Hello Car_Man,
 
I've started to ask for quotes from different dealers on the upcoming 2008 328i coupe with following options ~
 
Premium package
Automatic transmission
White color with aluminum trim
 
MSRP $40,600
 
However, I went to several dealerships and they are not willing to give me much discount on the car price. The best I've got so far is $39,800. But I know some people in this forum got a better deal than that on the 07 model.
The dealers told me the 328i coupe is very popular and sold out quickly before it hits the showroom. And I have to pre-order!
 
Also, another dealer quotes me a lease plan as follow ~
 
Car price: $40,000 ( $600 off MSRP )
36 months
15K miles
$2000 drive off
$612 per month
 
P.S. Anyone in Los Angeles area can recommand a dealer to me?
 
Thanks,
Sil
#1766 of 3186
Re: 2008 328i coupe lease. Please HELP. :( [tigerkitty] by cdnpinhead
Aug 28, 2007 (11:35 am)
Reply

Replying to: tigerkitty (Aug 28, 2007 10:43 am)

You need to keep in mind that '07 models get much (much) larger discounts than the '08's. They're a year older & are on the verge of becoming distressed merchandise, when the lot is full of '08's.
 
In addition, sedans are in less demand than coupes and both are in less demand than the convertible. You want an '08 convertible, you pay sticker or more -- an '07 sedan, possibly invoice or less.
#1767 of 3186
Re: 2008 328i coupe lease. Please HELP. :( [cdnpinhead] by tigerkitty
Aug 28, 2007 (12:25 pm)
Reply

Replying to: cdnpinhead (Aug 28, 2007 11:35 am)

I just got another quote on the 08' 328i coupe
 
MSRP $40600
Selling price $39800
 
36 months
15K miles
$999 drive off
$639 + tax monthly
#1768 of 3186
What dealership in LA? by jr2219
Aug 28, 2007 (12:58 pm)
Reply
Sounds pretty good. Where did you get your car from?
#1769 of 3186
Re: 2008 328i coupe lease. Please HELP. :( [cdnpinhead] by guy1974
Aug 29, 2007 (9:07 am)
Reply

Replying to: cdnpinhead (Aug 28, 2007 11:35 am)

There will be larger discounts for the '07 obviously but '07's are not "distressed" merchandise! The differences between an '07 and '08 328 are minimal with chrome exhuast and gear changing steering wheel mounted paddles for the auto and sports.
 
I very much doubt you can get an 07 328 for invoice or below, a good deal is $500-1000 over invoice for a 328i. BMW does not give holdbacks so a dealer would lose money if they sold a car for less than invoice (the fees would help).
 
Anyway BMW's are cheap in the US when compared to Europe so stop trying to get a great car for $1.99!
#1770 of 3186
Re: 2008 328i coupe lease. Please HELP. :( [guy1974] by tigerkitty
Aug 29, 2007 (2:13 pm)
Reply

Replying to: guy1974 (Aug 29, 2007 9:07 am)

A German friend told me BMW in Germany is like Toyota in Japan, it's very common and U can see them everywhere...
He thinks we are paying too much for that in US...
 
Don't know how true is that?
#1771 of 3186
Re: 2007 328i 36 month lease [fourizonly007] by sprinkler13
Aug 29, 2007 (3:16 pm)
Reply

Replying to: fourizonly007 (Aug 24, 2007 8:54 am)

The usual thinking is that you shouldn't put anything down for a cap cost reduction. If you were to total the car in an accident, your insurance would cover the ammount to "replace" the car to the bank, however, you would now be out whatever money you put down upfront and would be starting over again with a new car. Also, without actually being able to calculate your numbers at the moment, you can kind of estimate that for every $100 plus or minus in the cap cost will move your monthly payment $3 plus or minus. So, if you were to NOT pay the cap reduction of 2200 bucks, your cap cost would increase by 2200 bucks and thus your monthly payment would go up about $66/month.

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