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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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#1998 of 3218
Re: Current Lease Factors? [jlsellers] by boomer23
Jan 07, 2008 (8:53 pm)
Reply

Replying to: jlsellers (Jan 07, 2008 5:48 pm)

I think the moderators here discourage advertising other web sites and forums. However, current lease rates are often posted on a forum that contains the words "fest" and "bimmer" in some order.
#1999 of 3218
Buy 2006 CPO 325 xi or Lease new 328 xi by bimmerenvy
Jan 07, 2008 (10:42 pm)
Reply
HELP... I was offered this deal in NY. Is this a good deal?
 
CPO 2006 CPO 325 xi alpine white fully loaded:
 
navigation
xenon headlights
steptronic automatic
xm satellite ready
park assist
 
OTD: $34,941 ($32,000 plus tax, title, etc.)
 
3.9%
 
$4,000 down
 
$569.35 for 60 mos
 
Maintenance to expire Dec. 2009
Extended warranty to expire Dec. 2011
 
Wondering if I should buy this car or lease a new 328 xi. I don't necessarily need all the extras, but they sure are nice. Any advice is appreciated.
#2000 of 3218
for car man or kyfdx by mdkrp
Jan 07, 2008 (11:18 pm)
Reply
its that time again...can you please give me MF and RV for 2008 335 Ci for a 36 and 39 month lease with 10k miles/yr?
I moved to AZ since my last lease and don't know how they calculate the tax payment (ie on monthly payment or on purchase price)...would you know?
Lastly, any thoughts on whether it is worth it to get the active steering? I have not test driven one yet but obviously will do so soon. My current 05 330 cci does not have it.
Many thanks for the info.
mdkrp
#2001 of 3218
MDKRP in arizona by infoseeker1
Jan 08, 2008 (1:08 am)
Reply
MDKRP
 
  I am moving back to Arizona some time in Feb. if you don't mind after you figure out your next vehicle lease / purchase post on this forum about it and how the customer service was and at which dealership.
 
  I know there is one dealer in Tucson and 3 in Phoenix and would have no problem going to any of the four off of your rec. if you found them easy to work with
 
Thanks
#2002 of 3218
Deal or no Deal? by irishprincess
Jan 08, 2008 (1:56 pm)
Reply
We went to lease a 328xi with metallic paint, automatic, $15,000 miles per year, cold and premium packages.
MSRP - $40,975
Selling Price - $40,200
Due signing - $1,430
Monthly Payment - $595.00
We are current BMW leasees, the dealer told us the MF is currently .00205
Is this a good deal, or can we do better? What is the current MF?
Thanks in advance!
Stacie
#2003 of 3218
Re: Deal or no Deal? [irishprincess] by boomer23
Jan 08, 2008 (3:08 pm)
Reply

Replying to: irishprincess (Jan 08, 2008 1:56 pm)

The dealer is not being truthful. The MF for a 328xi sedan is currently .00175. They are only allowed to mark it up by .00004, I think. If you are talking about a Coupe, the MF is .00200.
 
Also, I believe that you should be able to do better than a $775 discount on a 328xi sedan. Try to get close to $2,000 off. If it's a Coupe, you'll have a harder time, but you should still be able to beat $1,000 off.
#2004 of 3218
Lease Question by cpainaz
Jan 08, 2008 (8:55 pm)
Reply

Replying to: honkeydorey (Nov 13, 2007 6:43 am)

We are in southern Califonia. I have a quick question. My wife has a lease on a 2006 325i which ends in October 2008. I have a lease on a 2007 328 coupe which ends in October 2009.
 
Is there any way I can turn in my 328 coupe when my wife turns in hers in October 2008 (at this time I will have one more year on my lease) with the intention of entering in a new lease on one car. I figure they will try to get my wife to enter in a new lease when her car comes up for lease. I am hoping to convey that we would be more likely to enter in a new lease if we can turn in both of our cars. This way, BMW will lock us in a car for 2-3 more years (win for them) versus us simply turning in my wife's car, not getting into another car for her, and only have me for one more year leasing.
 
We are thinking of getting an SUV and don't want to buy a X3 and don't want to pay a premium for an X5. We are thinking of getting a 4Runner thus would only be in the market for one sedan (preferably another 3 series or a 5 series).
 
Any help is appreciated!
#2005 of 3218
Re: How do I get out of lease [ledgem81] by Car_man HOST
Jan 09, 2008 (3:54 am)
Reply

Replying to: ledgem81 (Dec 19, 2007 9:15 pm)

I'd doing great, ledgem81. Thanks for asking. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2006 of 3218
Re: Jan MF and residuals [jackals] by Car_man HOST
Jan 09, 2008 (4:01 am)
Reply

Replying to: jackals (Jan 03, 2008 7:56 pm)

Hey jackals. BMW Financial Services' new January buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW 335xi Sedan with 12,000 miles per year are .00210 and 63%, respectively. The 10,000 mile per year residual value for this car would be 1% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2007 of 3218
Re: How do I get out of lease [Car_man] by x021627
Jan 09, 2008 (7:49 am)
Reply

Replying to: Car_man (Jan 09, 2008 3:54 am)

pardon me, but as someone who ended a lease early previously, one doesn't need to purchase the vehicle to get to out of the lease, but to satisfy the financial committment = number of payments that were contraturally obligated to pay. The purchase component is only if they want the vehicle at which it would be remaining payments + residual.
 
x021627

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