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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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#1845 of 3218
Re: 2007 BMW 335i Coupe Lease....Good Offer????? [abraham421] by Car_man HOST
Oct 04, 2007 (2:02 am)
Reply

Replying to: abraham421 (Sep 28, 2007 2:53 pm)

Hi Daniel. You never mentioned the selling price of the 3-Series that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1846 of 3218
Re: ED LEASE NEED HELP [trusaleen1] by Car_man HOST
Oct 04, 2007 (2:07 am)
Reply

Replying to: trusaleen1 (Sep 29, 2007 9:31 am)

Hello trusaleen1. You definitely can do better than this. I don't know how good a selling price you are being given on this car, but if the bank fee and money factor that you were quoted are any indication, it isn't good.
 
The dealer that you are working with is marking up BMW Financial Services' base acquisition fee by $200. You're right about the money factor. It is definitely too high. If you have not leased this car yet you're in luck. BMW just enhanced its lease program on the 2008 3-Series for the money of October. BMW FS' new 36 month buy rate lease money factor for the '08 335i Coupe is .00235. I suggest that you shop around until you find a dealer that is willing to use this money factor to calculate your lease payment. Also, make sure to find out what selling price you are being charged.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1847 of 3218
Re: 2007 BMW 335i Coupe Lease....Good Offer????? [Car_man] by abraham421
Oct 04, 2007 (2:28 am)
Reply

Replying to: Car_man (Oct 04, 2007 2:02 am)

Hello Car Man,
 
This is what I was offered. I did not negotiate a selling price. The quote is substantially lower (> $150/month) than all of the quotes I am getting from my local dealers...what do you think?...I already signed the lease and it will be delivered by 10/12...thanks!
 
New 2007 335i Coupe, with Sports Package, Paddle shifters, black leather (not leatherette), heated seats, Jet black exterior. 12K miles/yr. 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 (can be extended to as long as 60 w/out penalty).
#1848 of 3218
Re: October MF's and Residuals? [tms0425] by Car_man HOST
Oct 04, 2007 (2:42 am)
Reply

Replying to: tms0425 (Oct 03, 2007 12:05 pm)

Hi Tom. I believe that BMW's October lease program for the 2007 3-Series is the same as it was in September, but it enhanced its money factors on the 2008 3-Series. I would be happy to give you an idea of what the new program is like if you tell me exactly which model or models you are interested in.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1849 of 3218
Re: October MF's and Residuals? [Car_man] by tms0425
Oct 04, 2007 (5:32 am)
Reply

Replying to: Car_man (Oct 04, 2007 2:42 am)

I am looking at comparing the following at 15k mi/yr. Not sure if the rates I note below are 10, 12, or 15k but I thought they were 15k:
 
2007 335i Coupe (was 24m 68% .00200)
                (was 36m 58% .00200)
2008 335i Coupe new rates ??
 
2007 335i Sedan (was 24m 71% .00175)
                (was 36m 61% .00175)
2008 335i Sedan new rates ??
 
I just had a quote on in stock unit as follows.
 
2007 335i Sedan, steptronic, premium, sport, cold, Sirius, paddle shifters
MSRP = 47,370
Selling price = 45,440
36 months, 15k miles/yr.
Residual $ = 28,866
Residual % = 61%
MF = .00175
Payment $609 + 6% state sales tax
Security deposit ??
Document fee $199
No cash down or trade equity
First payment and security deposit due at signing
 
Just wanted to know if those September rates would stay and equivalent for 2008 since inventory is getting slim pickings now, especially if I hold out for a 6-speed manual.
 
Tom
#1850 of 3218
Oct lease rates for '08 328i convertible? by heg32
Oct 04, 2007 (5:49 am)
Reply
Does anybody have the October money factors and residuals for the above car. I have a 08 328i convertible on order. I am sure it will not be here until Thanksgiving but I would like to know the current rates. thanks
#1851 of 3218
Re: October MF's and Residuals? [Car_man] by vxdg
Oct 04, 2007 (5:52 am)
Reply

Replying to: Car_man (Oct 04, 2007 2:42 am)

Hi Ca_man,
What is this new enhnaced MF for 2008 328xi and the residual for 10/12k for 36 months? Thanks a lot!
#1852 of 3218
October MF on 335xi Sedan by stevewilson
Oct 04, 2007 (7:05 am)
Reply
Car_Man,
 
I was hoping you could provide me with the 36 month residual and base money factor rate for the 2008 335xi Sedan.
 
Thanks,
 
Steve
#1853 of 3218
Re: October MF's and Residuals? [Car_man] by vxdg
Oct 04, 2007 (7:45 am)
Reply

Replying to: Car_man (Oct 04, 2007 2:42 am)

Car_man, sorry for typo in my prior reply re 328xi MF rates; I didn't specify that I am loooking for the sedan. Also, does BMW Fin have any loyalty discounts to MF in Oct. Thanks again
#1854 of 3218
Re: ED LEASE NEED HELP [Car_man] by trusaleen1
Oct 04, 2007 (8:23 am)
Reply

Replying to: Car_man (Oct 04, 2007 2:07 am)

Thanks car_man I have not made the deal yet, its Euro Delivery. They are longer marking up the lease rate. They are giving me the base rate. The rate was .00275+ .0003 for the Euro Delivery.
 
    Where did you see the info for the new money factor, I have looked everywhere. BTW im getting the car for $1000 over european invoice

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