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BMW 3-Series Lease Questions

2358 messages,  Last post on Jul 05, 2008 at 2:44 PM

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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#1896 of 2358 Re: 335i coupe MT 24 or 36 month lease - please help [frommx5tomz3] by Car_man HOST Nov 05, 2007 (5:00 am)
Replying to: frommx5tomz3 (Oct 29, 2007 5:22 am) You're very welcome, Jack. BMW Financial Services' November buy rate lease money factor and residual value for a 24 month lease of a 2008 335i Coupe with 15,000 miles per year are .00235 and 68%, respectively. The numbers for an otherwise identical 36 month lease are .00235 and 58%. Using the prices that you mentioned in your post, an MSRP of $45,859 and a selling price of $43,800, I estimate that this car's zero down, pre-tax 24 month payment would be around $702. the payment for an otherwise identical 36 month lease would be around $644.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1897 of 2358 Re: Question [honkeydorey] by Car_man HOST Nov 05, 2007 (5:36 am)
Replying to: honkeydorey (Oct 29, 2007 8:55 am) Hi honkeydorey. Using BMW Financial Services' November buy rate lease money factor and residual value for a 36 month, 15,000 mile per year lease of a 2008 335i Coupe (.00235 and 58%, sweet car by the way), an MSRP of $46,475, and a selling price of $44,275, I estimate that this car's zero down, pre-tax monthly payment should be around $649.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: honkeydorey (Nov 13, 2007 7:43 am) cpainaz (Jan 08, 2008 9:55 pm) Car_man (Jan 10, 2008 4:10 am)
#1898 of 2358 Re: Lease factor for 328xi Sedan [pucelle] by Car_man HOST Nov 06, 2007 (3:10 am)
Replying to: pucelle (Oct 30, 2007 7:33 am) Hi pucelle. You don't necessarily have to put 5% down to order a vehicle. The deposit that you have to pay is up to the dealership that you are working with. Some dealers require larger deposits than others.   If I was interested in ordering a new vehicle, I absolutely would want to negotiate its selling price before I gave the dealer any sort of deposit. If you don't arrive at a selling price, the dealer has the advantage in your negotiations because you have already given them money. I have seen too many horror stories from consumers who had a heck of a time trying to get back deposits that were supposedly fully refundable.   As far as this car's lease program goes, BMW Financial Services' November buy rate lease money factor for a 36 or 48 month lease of a 2008 328xi Sedan is .00165.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1899 of 2358 Re: 2008 328xi lease rate [username7] by Car_man HOST Nov 06, 2007 (3:16 am)
Replying to: username7 (Nov 01, 2007 6:33 pm) Here's the information that you're looking for, username7. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW 328xi Coupe with 15,000 miles per year are .00190 and 58%, respectively. Let me know if you have any other questions.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1900 of 2358 Re: 2008 328i auto, sport package, metalic paint, Ipod [revel] by Car_man HOST Nov 06, 2007 (3:17 am)
Replying to: revel (Nov 02, 2007 8:08 am) Congratulations on getting your new 3, revel. Thanks for taking the time to share the details of your lease with everyone. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1901 of 2358 Re: Good deal? [guru_ck] by Car_man HOST Nov 06, 2007 (3:25 am)
Replying to: guru_ck (Nov 03, 2007 7:36 pm) Hi guru. I am personally not all that familiar with what the market is like for the 335i Coupe in your area, but if I was in the market for this car I personally would want more than a $1,000 discount on it. Try stopping by the "BMW 3-Series Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar vehicles lately.   Also, the money factor that you were quoted for this car looks too high. BMW Financial Services' current buy rate for the 2008 335i Coupe is .00235. Subtract .00007 from this for every additional security deposit that you want to make to arrive at this car's true buy rate and make sure that the dealer that you are working with uses it to calculate your monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: guru_ck (Nov 07, 2007 12:29 pm)
#1902 of 2358 First time BMW leaser by angrymofo Nov 07, 2007 (12:15 pm)
Hi all,   I'm planning to lease a 2008 BMW 328 (24months/12K, residual 73%) in Los Angeles and have the following questions:   Is the bank fee the same as the acquisition fee and can it be waived? I was offered a money factor of 0.0018. Is this reasonable? What would be the disadvantage of paying 1 security deposit? Do they try to keep it at the end?   I've been quoted 380 for MACO and 180 for dealer training. Is there anyway to get out of these?   Do I need to get GAP insurance, and if so, would it be better to get it from the dealer or my insurance agent?   Thanks Replies to this message: bmw328lease (Nov 07, 2007 3:43 pm) angrymofo (Nov 08, 2007 1:31 am)
#1903 of 2358 Re: Good deal? [Car_man] by guru_ck Nov 07, 2007 (12:29 pm)
Replying to: Car_man (Nov 06, 2007 3:25 am) Thanks... I ended up going to a few dealers and having each of them beat my previous deal. I ended up with $2,000 off MSRP vs. $1,000 so I am happy. Car will arrive in a week... not sure if they will budge on the MF but my Mom is still deciding if she wants to lease or go with the 4.9% finance special (the car is for her).
#1904 of 2358 Re: First time BMW leaser [angrymofo] by bmw328lease Nov 07, 2007 (3:43 pm)
Replying to: angrymofo (Nov 07, 2007 12:15 pm) Is the bank fee the same as the acquisition fee and can it be waived? Yes, it is the same. This is mandated by BMW Lease Finance. The best that you can do is bring it down to $625 (some dealers try to mark this up to $825)   I was offered a money factor of 0.0018. Is this reasonable? MF for a 36 month lease of a 2008 328i Sedan is .00165.   What would be the disadvantage of paying 1 security deposit? Do they try to keep it at the end? This is a refundable SD. It will bring down your MF by .00007 and you will get it back at the end of your lease.    I've been quoted 380 for MACO and 180 for dealer training. Is there anyway to get out of these? These 2 fees are mandated by BMW North America and can be negotiated but not always. Depends on the dealer.    Do I need to get GAP insurance, and if so, would it be better to get it from the dealer or my insurance agent? This is included by BMW Lease Finance. You are not require to get this from your insurance company.   Which dealer are you planning to buy from in LA?   PM me for additional info.   Hope this helps. Replies to this message: angrymofo (Nov 08, 2007 1:31 am)
#1905 of 2358 2008 335i Sedan Lease by sparling Nov 07, 2007 (11:07 pm)
MSRP: 46750 (Sport, Premium, Heated Seats, Metallic paint, Steptronic and Paddle Shifters) Sale Price: 44250 Doc fees and registration: 468 Money factor: .00225 2 year, 10k miles lease: residual of .74 of MSRP or 34,595 Payment of 618.25, zero down   How does that sound? Replies to this message: simfox3 (Nov 17, 2007 8:08 pm)

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