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BMW 3-Series Lease Questions

2446 messages,  Last post on Aug 29, 2008 at 5:00 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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#207 of 2446
BMW lease by jmax1
Nov 18, 2005 (2:30 pm)
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Lease Experts,
I am looking at trading in my 03 Accord EX w/14,000 miles for a BMW 06 325xi lease special. Please look at these numbers and let me know if I should walk or run. Thanks
Price 35,085
trade 16,000
deposit 450.00
payment 500.00
#208 of 2446
Re: 2006 330i Factors & Residuals [jvost] by kyfdx HOST
Nov 18, 2005 (5:09 pm)
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Replying to: jvost (Nov 18, 2005 8:54 am)

1)On an '06 330i, the base money factor is .00195... The .00075 you saw was on an '05 330cic convertible..
 
2) 65%..64%...62%.. for 3yr.. 10K.. 12K.. 15K miles..
 
The '06 530i has a money factor of .0014, but the residuals aren't quite as high... in the '06 models, the 330i is about the best lease deal right now...
 
regards
kyfdx
Host-Prices Paid Forums
#209 of 2446
Help on pricing of 2006 325i by eyi
Nov 18, 2005 (9:34 pm)
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Hi, I am considering leasing a 2006 BMW 325 i, MSRP: $37120. The dealer offered a drive out price for $36,860, leasing terms are: 10000 miles a year for 3 years, 2000 down, 549 a month. Is it a good dael? Also, I live in Texas. I know Texas have different law regarding sales tax on leased cars. The dealer said he is saving me a lot on tax. is that true? Should I go for the deal? Please help me. Thank you very much!
#210 of 2446
Re: 2006 330i Factors & Residuals [kyfdx] by jvost
Nov 19, 2005 (6:46 am)
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Replying to: kyfdx (Nov 18, 2005 5:09 pm)

Thanks for the summary. The dealer quoted me 64% on 10k, but may have just made a mistake. However he did quote me a money factor of .00265 and insisted that was the lowest rate available. Is there some technicality to qualify for the .00195?
 
Thanks,
 
jvost
#211 of 2446
Lease Info on a 2005 or 2006 330Cic by jvost
Nov 19, 2005 (8:17 am)
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The lease is nearly up on my 2002 325Cic and I'm planning on replacing it with a 2005 or 2006 330Cic (need more power!). Assuming a 36 Mo., 10K lease, what are the factors and residuals for the two years? Is there any special support on either of the two model years? Are the figures different for a 325Cic?
 
Thanks,
hwga
#212 of 2446
Re: 2006 330i Factors & Residuals [jvost] by bdr127
Nov 19, 2005 (8:20 am)
Reply

Replying to: jvost (Nov 19, 2005 6:46 am)

Thanks for the summary. The dealer quoted me 64% on 10k, but may have just made a mistake. However he did quote me a money factor of .00265 and insisted that was the lowest rate available. Is there some technicality to qualify for the .00195?
 
BMWFS won't approve a lease contract with a MF marked up that high, so they are probably looking at the MF for the wrong car...
#213 of 2446
Re: 2006 330i Factors & Residuals [bdr127] by kyfdx HOST
Nov 19, 2005 (2:30 pm)
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Replying to: bdr127 (Nov 19, 2005 8:20 am)

I agree with bdr127... Did you by chance get that quote in October? On the 330i, the residuals went up and the money factor went down for November..
 
regards,
kyfdx
Host-Prices Paid Forums
#214 of 2446
Re: Lease Info on a 2005 or 2006 330Cic [jvost] by kyfdx HOST
Nov 19, 2005 (2:32 pm)
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Replying to: jvost (Nov 19, 2005 8:17 am)

You definitely want to lease an '05 330Cic, if you can find one... The 3yr/30K residual is 64% and the money factor is .00075.. In addition there is $2K in dealer cash.. A comparable '06 model would be $100-$150 more per month...
 
regards,
kyfdx
Host-Prices Paid Forums
#215 of 2446
Re: 2006 330i Factors & Residuals [kyfdx] by jvost
Nov 19, 2005 (4:40 pm)
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Replying to: kyfdx (Nov 19, 2005 2:30 pm)

No, I got it on 11/17. I called back and was able to talk to a more knowledgable person who confirmed both the correct residual and factor. I think bdr127 was correct that the sales person (who was very young and probably inexperienced) looked at the wrong model. Thanks everyone for this valuable info!!!
#216 of 2446
2006 325i Lease Questions by jamaica77
Nov 19, 2005 (7:10 pm)
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This forum is a great resource for a lease rookie such as myself. Keep up the good work!
 
I am looking at leasing a 2006 325i, and got the following info from my local dealer:
-325i, Sport Pkg, Auto, Sat Radio prep = $35,020 MSRP
- With 1k off MSRP and 3k total out of pocket (cap reduction, plus tax, tag, title, dealer fees, deposit, etc), on 36mos lease w/12k per year = $495
 
(Figuring out how they arrived at these numbers and trying to come out on top = Priceless.)
 
I asked the rather suspect salesman about their residual (64%) and money factor (.0029!?!)...noting that I thought the MF was way too high. He replied that "that doesn't change, that's what BMW just sets - you're either in or out". I found that odd...and asked him how do they then provide incentives for customers with excellent credit (me), and he just said "they don't".
 
What is the base MF for an 06 325? I had hoped to negotiate +1500 over invoice with 1500 cap reduction and around $450 monthly payment - is this possible? If so, what combination of cap reduction, MF and dealer incentive would I need?
 
Thanks!!

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