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BMW 3-Series Lease Questions

3223 messages,  Last post on Dec 07, 2009 at 12:08 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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#1899 of 3223
Re: 2008 328xi lease rate [username7] by Car_man HOST
Nov 06, 2007 (2:16 am)
Reply

Replying to: username7 (Nov 01, 2007 5:33 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
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Prices Paid: Buying & Leasing Experiences Forum
#1900 of 3223
Re: 2008 328i auto, sport package, metalic paint, Ipod [revel] by Car_man HOST
Nov 06, 2007 (2:17 am)
Reply

Replying to: revel (Nov 02, 2007 7:08 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 3223
Re: Good deal? [guru_ck] by Car_man HOST
Nov 06, 2007 (2:25 am)
Reply

Replying to: guru_ck (Nov 03, 2007 6:36 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
#1902 of 3223
First time BMW leaser by angrymofo
Nov 07, 2007 (11:15 am)
Reply
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
#1903 of 3223
Re: Good deal? [Car_man] by guru_ck
Nov 07, 2007 (11:29 am)
Reply

Replying to: Car_man (Nov 06, 2007 2:25 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 3223
Re: First time BMW leaser [angrymofo] by bmw328lease
Nov 07, 2007 (2:43 pm)
Reply

Replying to: angrymofo (Nov 07, 2007 11:15 am)

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.
#1905 of 3223
2008 335i Sedan Lease by sparling
Nov 07, 2007 (10:07 pm)
Reply
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?
#1906 of 3223
Re: Is this a good deal? [abraham421] by jamen6
Nov 07, 2007 (11:38 pm)
Reply

Replying to: abraham421 (Oct 22, 2007 7:35 am)

hi i was looking for the 328 coupe....jamen6aol.com
#1907 of 3223
Re: First time BMW leaser [bmw328lease] by angrymofo
Nov 08, 2007 (12:31 am)
Reply

Replying to: bmw328lease (Nov 07, 2007 2:43 pm)

Thanks for your response bmw328lease. I've talked to the usual suspects in LA: pacific bmw, rusnak, bobsmith, assael...
 
Do you or anybody knows if I can pick up the lease in LA and drop it off at Boston? Is there an extra charge for this?
 
Thanks guys.
#1908 of 3223
BMW 328 lease questions by sunlvr0531
Nov 08, 2007 (4:37 pm)
Reply
Im thinking about leasing a 2007 loaner car from BMW 328 premium package- silver
8k miles on it
 
I have a 2005 Chevy Equinox that i'm trading in- 12,400 miles on it
my down payment will be the equity in the chevy.
aquisition is 625.00
what is the mf factor- i heard 0019 is a good mf? what is too high
what kinda price is reasonable for this year car?
 
i want to have a low 300 payment.
 
anything that i need to know- i never leased before- i was always nervous about it
 
do all bmW'S ONLY TAKE HI TEst GAS?
 
I only do under 10k a year in mileage
 
what better 24-36 months lease? is a 3 yr a lower payment?
 
your help is greatly appreciated....

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