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BMW 3-Series Lease Questions

3225 messages,  Last post on Dec 08, 2009 at 3:05 AM

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

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#2110 of 3225 Have you used the Internet feature of Edmonds by ursamajor Feb 03, 2008 (12:13 am)
Replying to: hopefall (Feb 02, 2008 10:06 pm) ...or have you walked into the dealers. I have found without exception, that any Internet purchase or lease of any vehicle will be cheaper with the Internet sales dept. I am awaiting a moderately-equipped 335xi which I obtained for $ 500 over invoice (see summary of deal at #8414) and received competing offers from other BMW dealers in Los Angeles via Internet. Of course, that leads me to ask what city you're located in. If there is one dealer servicing a large area, there is little incentive to proivde you with the deal you might get in a densely-populated metropolis like LA with more BMWs per capita than most cities in America.
#2111 of 3225 2008 328I by e36power Feb 03, 2008 (7:29 am)
Just got into a lease and wanted some thoughts.   328i sedan   6sp/sport/prem/ipod/heated seats/   MSRP $38,900 $3,500 down (includes IL taxes. IL requires you to pay taxes on total value of vehicle when leasing) Payment $489/month 15K yr 36 months   thoughts? thanks   Andy
#2112 of 3225 Is this a good lease deal for a 355i Coupe? by newbiemer335i Feb 03, 2008 (7:52 pm)
I got four quotes from a local dealers in LA area. I appreciate if the experts here can give me feedback.    2008 BMW 355i coupe - Fully Loaded (Auto + Premium + Sports + Nav + iPod/ USB + Park Distance + Paddle Shifter) - White paint w/ Saddle Brown/ Black interior                   Invoice Base price: $40,800 Pkgs./ Options : $8,650 MSRP : $49,450 Selling Price : $47,085 ($560 more than dealer cost for training, MACO fees. Dealer claims only $1,000 over his cost of $46,085)     Drive off Cost : $1,855.23 (see breakdown detail below) DMV Fee : $45 Bank/ Acquisition Fee : $625 Tax on Bank fee : $55.27 1st Payment : $726.21 Deposit : None    36 mo. 10K lease at : $726.21/ month Money Factor : 0.0026 (w/o security deposit - 0.00245 w/ security deposit) through BMW FS    I have done the math and lease numbers above do work out. However, I want to lower my monthly payment closer to $650 range. The questions I have :    1. Is this a fair deal given the car being so hot in LA area now that no dealer has a good inventory? (I have to order mine and wait). Has anyone found a better deal with similar car recently around here?    2. What other options I have to lower the money factor rather than paying multiple security deposits (which I can if I need to)?    3. How many multiple security deposits are needed to bring it closer to $650/ mo. range? Is all of this money refundable at the end of the lease? Is there a risk involved with putting that much money in the hand of the lessor who may start acting up at the end of the lease?    Thanks a million for any feedback/ advice in advance.
#2113 of 3225 BMW Lease ending soon by jun2 Feb 04, 2008 (9:49 am)
Hi There, My 2005 BMW 325i is ending early May, I got a call from my dealer. This was my 2nd lease, I am looking for my 3rd lease. I havent talked to my dealer yet. Here are the options I intend to lease. BMW 2008 328i - Auto Trans - Metallic Silver - Premium Pkg - Cold Weather Pkg   Is this a good price to negotiate ? $1,000 down to drive off the car (just like I did my previous car) $470 / month 10,000 miles /yr   This is in New Jersey (southern part).   I know the dealer will not be happy but is this possible? What would be a good deal ? And how do I negotiate to get this? Thanks for all your assistance! Replies to this message: eights38 (Feb 04, 2008 11:17 am)
#2114 of 3225 Re: BMW Lease ending soon [jun2] by eights38 Feb 04, 2008 (11:17 am)
Replying to: jun2 (Feb 04, 2008 9:49 am) jun2 - Lease rates change on a month-to-month basis. It would probably be best to see where the rates are in March or April and lock-in by filling-out a credit application. This way you hedge your bets and receive the best possible deal. If you need more help, please email me or reply.
#2115 of 3225 MF for 328xi by irishprincess Feb 04, 2008 (4:19 pm)
What is the February MF for a 328xi? Thanks! Stacie Replies to this message: Car_man (Feb 12, 2008 3:29 am)
#2116 of 3225 two question by infoseeker1 Feb 04, 2008 (7:36 pm)
FIRST QUESTION:   Can someone tell me the Money Factor and Residual Values for Feb. on a 328 & 335 Convertible for 24 & 36 months each.   SECOND QUESTION:   I had a BMW Dealer tell me today that the Residual Value changes on a car depending on the options you place on the car. From all my reading i thought this was set but am I wrong. If the RV was 71% then it doesn't matter what else is on the car correct??   Thanks Michael Replies to this message: kyfdx (Feb 05, 2008 3:56 am)
#2117 of 3225 Sales Tax on Cap Reduction? by newbiemer335i Feb 04, 2008 (11:04 pm)
Is Cap Reduction subject to Sales Tax? Replies to this message: kyfdx (Feb 05, 2008 3:57 am)
#2118 of 3225 Re: two question [infoseeker1] by kyfdx HOST Feb 05, 2008 (3:56 am)
Replying to: infoseeker1 (Feb 04, 2008 7:36 pm) Residual Value changes on a car depending on the options you place on the car.   The residual value does change.. The percentage used to calculate it does not.. 71% of MSRP... Higher MSRP = Higher Residual
#2119 of 3225 Re: Sales Tax on Cap Reduction? [newbiemer335i] by kyfdx HOST Feb 05, 2008 (3:57 am)
Replying to: newbiemer335i (Feb 04, 2008 11:04 pm) Is Cap Reduction subject to Sales Tax?   In almost every case..

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