Sign In Join 



BMW 3-Series Lease Questions

3217 messages,  Last post on Dec 03, 2009 at 3:49 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


Messages Page 178 of 323
1
...
175
176
177
178
179
180
181
...
323
Prev
Next
Last
Go To Msg #
Search This Discussion

#1765 of 3217
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 3217
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 3217
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 3217
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 3217
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 3217
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 3217
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.
#1772 of 3217
Re: 2008 328i coupe lease. Please HELP. :( [tigerkitty] by guy1974
Aug 29, 2007 (3:58 pm)
Reply

Replying to: tigerkitty (Aug 29, 2007 2:13 pm)

I am from the UK and the 328i I leased here in the US had an MSRP of $38000 whereas in the UK it would have a list price of GBP30000 which is equivalent to around $60000. The UK price (and most European prices) include sales tax of 17.5% but even accounting for this the UK is overpaying compared to the US by 50%.
 
Just look at bmw.co.uk and the option prices. Steptronic is GBP1200 which is a 1:1 exchange rate even though it is $2 to GBP1. Metalic paint and comfort access are also much more expensive options in the UK than in the US even though the same factory is used and the delivery distance is much shorter.
 
It is true that BMW is very popular in Germany, but that just shows that Europeans don`t mind paying for excellence. Whereas lots of Americans what something on the cheap so they buy Hyundai etc. Korean and Japanese manufacturers do not sell well in Europe (just check out Lexus sales comapred to Audi, MB or BMW - they are tiny).
#1773 of 3217
Re: 2007 328i 36 month lease [fourizonly007] by Car_man HOST
Aug 31, 2007 (1:29 am)
Reply

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

Hi fourizonly007. BMW Financial Services' buy rate for a 36 month lease of the 2007 BMW 328i Sedan is currently .00140 with the payment of a security deposit at lease signing. I personally would pay one on this car. It is only equivalent to your vehicle's monthly payment rounded up to the nearest $50 increment and you get it back at lease-end. The money factor that you were quoted is correct for a lease of this car with a waived deposit, so this aspect of your deal looks good.
 
Now let's take a look at its selling price. This car's dealer invoice price is $31,795. The price that you were quoted is $1,360 over invoice. Plus this dealer is marking up BMW FS $625 base acquisition fee by $200, so you are really paying more like $1,500 over invoice. I would not be surprised if you were able to beat this price if you are in an area that has a decent level of competition. It wouldn't hurt to comparison shop with a few other dealers. Also, make sure to stop by the "BMW 3-Series: Prices Paid & Buying Experience" discussion to see how much other community members have paid for similar cars lately.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1774 of 3217
Re: Looking for info on 335xi [jabber] by Car_man HOST
Aug 31, 2007 (1:54 am)
Reply

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

Hi Jabber. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 335xi Sedan with 12,000 miles per year are .00190 and 63%, respectively. This car's 10,000 mile per year residual value is 1% higher. BMW FS charges a $625 acquisition fee and a security deposit that's equivalent to your monthly payment rounded up to the nearest $50 increment on every vehicle that it leases. It will waive its security deposit requirement in exchange for a slight increase in the money factor that is used to calculate your car's monthly payment. BMW is not currently providing any cash incentives on this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 178 of 323
1
...
175
176
177
178
179
180
181
...
323
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics
Advertisement