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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

What is this discussion about? BMW, Car Leasing, Sedan, Wagon


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#1960 of 3200
Re: residual value and money factor [satishd] by jackals
Dec 19, 2007 (8:28 am)
Reply

Replying to: satishd (Dec 19, 2007 8:06 am)

residual is based on MSRP, not the selling price. I believe 63% is the value for 36 months and 12,000 miles per year. From the posts here, you should be able to get down to .00165 on the MF.
#1961 of 3200
Re: residual and money factor [jackals] by boomer23
Dec 19, 2007 (5:30 pm)
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Replying to: jackals (Dec 19, 2007 6:53 am)

jackals and satishd, just in case our host doesn't get the chance to get back to you soon enough to make a decision, the December buy rate money factors are as follows for 2 and 3 year leases: (quoted on another forum site).
 
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.
#1962 of 3200
How do I get out of lease by ledgem81
Dec 19, 2007 (9:15 pm)
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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.
#1963 of 3200
Re: residual and money factor [boomer23] by jackals
Dec 20, 2007 (2:16 pm)
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Replying to: boomer23 (Dec 19, 2007 5:30 pm)

Thanks boomer23. Ugh, why can't the 335 MF be .00165 as well. We are already paying $10K more over the 328. Why do they fee the need to stick it to us even more?
#1964 of 3200
Re: residual and money factor [jackals] by cdnpinhead
Dec 20, 2007 (4:25 pm)
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Replying to: jackals (Dec 20, 2007 2:16 pm)

I think it's called supply & demand.
 
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. . .
#1965 of 3200
Re: residual and money factor [boomer23] by kyfdx HOST
Dec 20, 2007 (7:19 pm)
Reply

Replying to: boomer23 (Dec 19, 2007 5:30 pm)

You know.. it's really rare for the AWD models to have the same money factor as the RWD models.. Especially across so many different models.
 
I don't remember that ever occurring before..
#1966 of 3200
Re: BMW 328Xi [futurebmw] by mfc1
Dec 24, 2007 (12:57 pm)
Reply

Replying to: futurebmw (Dec 15, 2007 10:09 am)

futurebmw - i am looking for a similarly equipped 328i in so cal - automatic, premium package, sports package. for a 36 month lease with $0 cap reduction and 15k miles a year. what kind of quotes are you getting? i got quoted appx $570 incl. tax. is that too high?
#1967 of 3200
Re: residual and money factor [Car_man] by ursamajor
Dec 24, 2007 (11:45 pm)
Reply

Replying to: Car_man (Dec 19, 2007 2:40 am)

What is December money factor on a 2008 328xi?
Any word on a change in January in money factor or reduction in cap. cost resulting from manufacturer incentives?
#1968 of 3200
Re: residual and money factor [ursamajor] by jackals
Dec 25, 2007 (7:21 am)
Reply

Replying to: ursamajor (Dec 24, 2007 11:45 pm)

328xi MF is .00165 for Dec
335xi MF is .00200 for Dec
 
My CA knows I am not buying in Dec so he has no reason to mislead me with regardds to the following info. He says that at the beginnign of Dec, BMW had put out a bullitin telling their dealership that they need to sell 'X' number of cars in Dec. They are currently being pushed on volume, not price. My latest offer is 3K off MSRP on a 335 when most say 2K off is the norm. That would seem to support this. He also sent me an email saying that yesterday they received another bullitin stating that there will be a slight increase for the 3-series in January that will amount to about $10 a month. He said to be able to lock in a Dec price you need to fill out a credit app online before the 31st and send it to the dealership of your choice. That dealership can honor the Dec MF for up to 60 days. Sounds like typical salesman talk, but again, he knows I am not buying in Dec. He was just giving me a heads up on a way to lock in the Dec MF for 60 days with no commitment. And if by chance the promos get better in Jan or Feb then you obviously get the better deal. If you place an order in Jan but did not submit the credit app you will get the Jan MF.
 
Bottom line, fill out a credit app this week. Wait until next week to see the new MF. If Jan MF is higher either sign with the Dec MF or wait until Feb to see if it gets any better. If you wait until Feb, make sure you can take delivery by the end of the month. If you take delivery past 60 days from Dec, you will lose the Dec MF.
 
Certainly verify all this with your local dealer before you decide to wait on a deal you are currently being offered. Hope this is not too confusing.
#1969 of 3200
Re: residual and money factor [jackals] by ursamajor
Dec 25, 2007 (3:18 pm)
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Replying to: jackals (Dec 25, 2007 7:21 am)

I went through this exercise three years ago and opted for an Infiniti G35, but had a very bad leasing experience with the dealer, which has effected a complete change in management. I overpaid about $ 30/mo., with hindsight. However, I am not enamored of RWD and even though I live in So. Cal., I am a skier and cyclist and I find that there is an option to obtain a beautiful 335xi sedan with fold-down rear seats and a ski bag slot and accomodate my bike inside without using a rack. I went to Pacific BMW in Glendale web site and have a pending "bid" at invoice. To confirm: if I order (and I will have to order to get the precise equipment and colors) now, I can lock in a MF of .002, 10K miles/yr w/resid. of 61% (or is it 64%?) on a 36mo. lease? And two additional questions I haven't seen here: when ordering, can you eliminate the moonroof and save $? And how much should I expect to pay or "imbed in the lease payment" the cost of a 6-CD-in-dash unit, which is not a factory option. Thank you very much for your help. Merry Christmas. P.S. I spoke to a buddy in Ashland, OR, where several folks have this car, and they don't grouse about run-flats, but change the tires until they turn it in. But where does the spare go?

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