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BMW 3-Series Lease Questions

3218 messages,  Last post on Dec 03, 2009 at 7:31 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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#1818 of 3218 Please advise on 328i lease deal by gurpreeta Sep 20, 2007 (4:38 pm)
2007 328i with auto, navigation and gray metallic. Selling Price: 35500$ 36 months 12k per year $1323.00 total out of pocket $441.70 plus tax Residual: 63% money factor .00160   Do you think I can get a better deal.   Thanks, Gurpreet
#1819 of 3218 2007 335i by stormsabruin Sep 22, 2007 (8:35 pm)
Hi there. Would anyone care to check my math, so I can make sure I'm getting the correct deal? 2007 335i, sports, premium, nav, ipod. MSRP = $46,900 Sales Price = $44,395 36 month/15k 61% residual .00175 MF CA, so 8.25% tax. By my calculations, my monthly should be $612.97, or with 7 MSDs, $574.24. Is my math correct, and is the price decent ($700 over invoice including a MACO).   Thanks!
#1820 of 3218 2007 328xi Sedan lease - Colorado by cowgirly Sep 24, 2007 (5:37 pm)
# 2007 BMW 328xi Sedan # Montego Blue Metallic # Gray Dakota Leather # Cold Weather Package # Premium Package # Steptronic Automatic Transmission       * 36 month lease     * 12,000 miles per year     * MSRP $40925     * Selling Price $38550     * Lease rate .0015000     * Residual 63% $25783     * Cash due at inception including tax $1196.74     * $506.86 per month including taxes   Is this a good deal? We negotiated over email. I think it is a good deal and about to take the plunge. Just want to double check. Thanks for the help. Replies to this message: drgeno72 (Sep 25, 2007 4:42 pm)
#1821 of 3218 Re: BMW 3-Series: Lease Questions [Car_man] by drgeno72 Sep 25, 2007 (4:37 pm)
Replying to: Car_man (Aug 31, 2005 2:10 am) Does anyone know how to check the true BMW Bank Finance fee that varies from dealer to dealer. In NJ I was given prices that range from $625 to $825 and both times told that that price doesn't depend on the dealer and is set directly by BMW bank Replies to this message: dhkhan (Sep 25, 2007 5:25 pm) kyfdx (Sep 25, 2007 6:22 pm) Car_man (Oct 04, 2007 1:55 am) snoppy (Oct 06, 2007 4:22 pm)
#1822 of 3218 Re: 2007 328xi Sedan lease - Colorado [cowgirly] by drgeno72 Sep 25, 2007 (4:42 pm)
Replying to: cowgirly (Sep 24, 2007 5:37 pm) Getting the same car plus Sirius radio for $39070. Given the fact that radio retail for about $500 and invoice for $450; I guess it's a good price given the very few 2007 left on the market. If you have extra cash to give multiple security deposits you can lower your money factor to 0.00101 or roughly by $35/months
#1823 of 3218 Re: BMW 3-Series: Lease Questions [drgeno72] by dhkhan Sep 25, 2007 (5:25 pm)
Replying to: drgeno72 (Sep 25, 2007 4:37 pm) From what I have read on this and other forums, BMW Bank acquisition fee is $625 and the dealer is allowed to mark it up by up to $200, which equals the higher $825. Replies to this message: kyfdx (Sep 25, 2007 6:22 pm)
#1824 of 3218 Re: BMW 3-Series: Lease Questions [dhkhan] by kyfdx HOST Sep 25, 2007 (6:22 pm)
Replying to: dhkhan (Sep 25, 2007 5:25 pm) That's it!!
#1825 of 3218 Question for KYFDX by hpowders Sep 27, 2007 (3:24 pm)
Is the "destination charge" listed on the BMW website when one purchases a vehicle the same terminology as the "acquisition fee" on my BMWFS leasing contract? I believe it is, but want to verify.   Thanks. Replies to this message: kyfdx (Sep 27, 2007 3:34 pm) hpowders (Sep 27, 2007 6:22 pm)
#1826 of 3218 Re: Question for KYFDX [hpowders] by kyfdx HOST Sep 27, 2007 (3:34 pm)
Replying to: hpowders (Sep 27, 2007 3:24 pm) I don't think so..   The destination charge is part of the MSRP (and, it's on the invoice, too). Supposedly, it is to provide transportation from port to dealer, but really, it is just a way to break down the price of the car, so the base price seems smaller.   The acquisition fee goes to the bank that is leasing you the car (BMWFS). Sort of like an origination fee for a mortgage lender.   The base acq.fee on all BMWFS leases is $625, but the dealer can mark it up to as much as $825 for extra profit (for the dealer).   regards, kyfdx Replies to this message: hpowders (Sep 27, 2007 6:22 pm)
#1827 of 3218 Re: Question for KYFDX [kyfdx] by hpowders Sep 27, 2007 (6:22 pm)
Replying to: kyfdx (Sep 27, 2007 3:34 pm) Oh... so the acquisition fee is a charge one only pays for leasing, but not buying.   So one must figure up to $1175 in fees unique to BMW leasing if one must pay the "full" $825 acquisition fee (as many dealers seem to insist on the max.) plus the $350 "disposition fee."   I think I see where the "free" maintenance comes from on the leasing end. Heh! Heh!   Thank you, KYFDX!

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