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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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#1822 of 3203
Re: 2007 328xi Sedan lease - Colorado [cowgirly] by drgeno72
Sep 25, 2007 (4:42 pm)
Reply

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 3203
Re: BMW 3-Series: Lease Questions [drgeno72] by dhkhan
Sep 25, 2007 (5:25 pm)
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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.
#1824 of 3203
Re: BMW 3-Series: Lease Questions [dhkhan] by kyfdx HOST
Sep 25, 2007 (6:22 pm)
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Replying to: dhkhan (Sep 25, 2007 5:25 pm)

That's it!!
#1825 of 3203
Question for KYFDX by hpowders
Sep 27, 2007 (3:24 pm)
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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.
#1826 of 3203
Re: Question for KYFDX [hpowders] by kyfdx HOST
Sep 27, 2007 (3:34 pm)
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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
#1827 of 3203
Re: Question for KYFDX [kyfdx] by hpowders
Sep 27, 2007 (6:22 pm)
Reply

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!
 
#1828 of 3203
Help --- Don't know if I'm making the right decision!?! by kgorgij
Sep 28, 2007 (2:31 pm)
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Hello Car Man
 
I have somewhat limited information and am hoping you can tell me whether this deal is worth it...
 
I'm currently leasing a VW with a balance of 17K. KBB says it's worth $14K.
 
I got a quote from BMW for a used 2007 328xi fully loaded with premium package, steptronic transmission and 5K miles selling for $38-39K. Dealer says payment will be at around $550.
 
I'm confused as to how the dealer figures the monthly rate? Do you have a lease model you can share with me that can help me sort through the numbers?
 
Thanks so much
K.G.
#1829 of 3203
2007 BMW 335i Coupe Lease....Good Offer????? by abraham421
Sep 28, 2007 (2:53 pm)
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Any thoughts????....this is what I was offered?

-2007 Black 335i Coupe, with Sports Package, Paddle shifters, black leather (not leatherette), heated seats, Jet black exterior. MSRP is $46,000 with options
 
-$2044 total out of pocket (first month's payment and all other transfer fees)
-$539/month (taxes rolled in)......30 months lease

 
Thanks,
Daniel
#1830 of 3203
Re: Help --- Don't know if I'm making the right decision!?! [kgorgij] by mjb27
Sep 29, 2007 (6:46 am)
Reply

Replying to: kgorgij (Sep 28, 2007 2:31 pm)

K.G.
 
I just bought a 328xi new with premium, sport, nav, dakota, upgraded lights, cold weather package, ipod(pretty much every option they have)with an MSRP of $44,525.
 
I pay $557. So I would keep shopping if I were you!
#1831 of 3203
ED LEASE NEED HELP by trusaleen1
Sep 29, 2007 (9:31 am)
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Ok need help guys, payment seems way to high
335i coupe, only option is sport package for European Delivery.
 
MSRP: 42675
Residiual % 60
Miles 12,000
Residual Value 25,605
Term 36 Months
CAP COST 37685
Bank Fee 825
LEASE FACTOR .00345 ?????? Seems to high
Drive off of 1600
 
TOTAL PAYMENT WITH TAX 624.59

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