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BMW 3-Series Lease Questions

3200 messages, Last post on Nov 25, 2009 at 7:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: futurebmw (Dec 15, 2007 10:09 am) The money factor that I mentioned above is scheduled to run through January 2nd. It is difficult to say what BMW's new January program for this model will be like. If I was in the market for a new 3-Series, I personally would pull the trigger on it before the end of the year. Dealers will be motivated to squeeze as many vehicles in before the end of the money and calendar year that you should be able to negotiate a pretty good deal. Good luck in your hunt for a new car and let us know if you have any other questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jpl (Dec 16, 2007 11:37 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jackals (Dec 17, 2007 11:20 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Dec 19, 2007 2:40 am) Car_man- Thanks for the response. You confirmed my doubt about a money factor of .00100. That seems highly unlikely. Looks like most of the people here are intersted in the 328i. I am looking at a 335xi though. Is the money factor still .00165 or does the money factor differ by model? If it is different, do you know what it is for the 335xi? I posted it in another message but here is the current deal that I've been offered. If I could get a better money factor, I would sign immidiately. 2008 335xi Black Sapphire Metallic / Terra Cold Weather Premium Steptronic Nav Sirius iPod MSRP - $49,820 Selling price - $46,850 ($2970 off MSRP !!!) Residual (36 mo / 10K miles per mo) - 64% Money Factor - .0020 Monthly payment - $580 Total out of pocket - $3800 ($580 first payment + $600 security deposit + $1,514 tax + $625 acqui. fee + $125 doc fee + $270 registration + sup title fee $188 = $3,902 (he will round it down to $3,800)) |
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I am leasing BMW 328xi sedan and the residual value is 63%. My question is is it 63% of MSRP or selling price. The money factor I was given is 0.00175 and I was told that it can be negotiated down to 0.00165. Could you please tell me where I can find out the official value of the money factor. Thanks.
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Replying to: satishd (Dec 19, 2007 8:06 am) |
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Replying to: jackals (Dec 19, 2007 6:53 am) 328i and 328xi sedans: .00165 335i and 335xi sedans: .00200 328i and 328xi coupes: .00190 335i and 335xi coupes: .00235 If you're a new BMW customer, make one security deposit or you'll pay .00015 higher money factor. Make additional security deposits (up to 7) and you'll lower your money factor by .0007 for each SD.
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| How you doing Car Man and all you BMW drivers? I leased my first car which happens to be an '06 BMW 325i sedan and my lease expires in Feb of '09(14 months to go). I love this car, DO NOT get me wrong. But, is there any way to get out of this lease and into an '08 BMW 328i Coupe lease or do I have to wait for my current lease to expire to the end??? Like I said this is my first lease and I don't know what I am allowed to do. | |
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Replying to: boomer23 (Dec 19, 2007 5:30 pm)
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Replying to: jackals (Dec 20, 2007 2:16 pm) They are trying to move 328 sedans. Everything else costs more. Coupe, wagon (my personal favourite), anything with a 335 engine & convertible drivers are invited to grab their collective ankles and. . . |
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