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BMW 3-Series Lease Questions

3226 messages,  Last post on Dec 08, 2009 at 2:50 PM

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

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#2111 of 3226 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 3226 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 3226 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 3226 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 3226 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 3226 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 3226 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 3226 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 3226 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..
#2120 of 3226 Re: 08 328i Coupe MF and Residual Values for Feb [manybmws] by joeko23 Feb 06, 2008 (9:21 am)
I am in NJ, I am just looking for MF and Residual values for the month of february for the 08 328i coupe for 24 months and 36 months with 10k miles a year. Anyone know it? Thanks! Replies to this message: Car_man (Feb 12, 2008 3:34 am) stevek4 (Feb 18, 2008 9:45 am)

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