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BMW 3-Series Lease Questions

3224 messages,  Last post on Dec 07, 2009 at 2:35 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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#2118 of 3224
Re: two question [infoseeker1] by kyfdx HOST
Feb 05, 2008 (3:56 am)
Reply

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 3224
Re: Sales Tax on Cap Reduction? [newbiemer335i] by kyfdx HOST
Feb 05, 2008 (3:57 am)
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Replying to: newbiemer335i (Feb 04, 2008 11:04 pm)

Is Cap Reduction subject to Sales Tax?
 
In almost every case..
#2120 of 3224
Re: 08 328i Coupe MF and Residual Values for Feb [manybmws] by joeko23
Feb 06, 2008 (9:21 am)
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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!
#2121 of 3224
first BMW lease - please help! by icehawks18
Feb 06, 2008 (9:22 pm)
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I am looking to lease the following: 335 sedan or coupe, loaded incl sport, premium, navigation, XM, parking, etc. MSRP's in range of $48-50K. What should i shoot for in terms of discount off MSRP, Money Factor, i would prefer little-to-zero down, so MSD is of interest as well.
 
I met with two dealers and their first qoutes (no haggling or hard negotiating) were the following
 
1)MSRP 47900, $1200 discount - 0dn = $767 / month
2)MSRP 47475, 0 discount - zero down = $740 / month
 
*from what i am reading, i should be able to do much better than $1200 discount, i am seeing in the range of 2000-2500 off MSRP in other posts?
*when i ask for a breakdown of fees, MF, etc., what ranges should i be looking for?
*from the above guys, looks like dealer 2 was a much better offer, especially since i hadn't even asked for a discount yet (sure they will give one)
*does it make a difference if it is a "on-the-lot" car vs. ordering?
*is there a major difference of the deal i will get on coupe vs. Sedan, (except the obvious diff in MSRP?
*ANY RECOMMENDATIONS ON A DEALER IN DALLAS OR TEXAS?
 
MUCH much much appreciated. coming off of 3 AUDIs, but absolutely disgusted with the lease rates (MF & residual on A5 i ordered disgusting and my salesman sucks)
#2122 of 3224
lease to Canada by tab5
Feb 09, 2008 (8:51 am)
Reply
Can anyone advise whether USA dealers will lease to Canada?
#2123 of 3224
My 335xi and the other "best deals" seem to be about by ursamajor
Feb 09, 2008 (9:26 am)
Reply

Replying to: icehawks18 (Feb 06, 2008 9:22 pm)

$ 500 over invoice for the sedan. MF is .0021, .002 with a security deposit of approx. one month's lease payment. This 4.8% APR. The coupes are more costly. There are many posts here with current data, beginning around the very end of December. Sorry, don't know Dallas. What I have found is that the internet department of every BMW dealer is considerable less expensive than a standard sakesperson, and they won't be as incliined to lie about the MF. Your quotes are at least $ 100/mo. too high.
#2124 of 3224
How Does This deal Sound? by scrammy
Feb 10, 2008 (11:53 am)
Reply
Chapman BMW Scottsdale, AZ
 
Here's their offer...
 
2008 328i
Leather Interior
12K Miles
$0 Down
MF .00175
$ 34,000
Residual 63%
36 Mos.
Monthly Pymt. $ 436 plus tax
 
Sounds good to me. What do you think? Thanks!!
#2125 of 3224
Re: MF for 328xi [irishprincess] by Car_man HOST
Feb 12, 2008 (3:29 am)
Reply

Replying to: irishprincess (Feb 04, 2008 4:19 pm)

Greetings Stacie. You never mentioned how long you want to lease for or what mileage allowance you need. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. BMW Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW 328xi with 15,000 miles per year are .00175 and 61%, respectively assuming that you pay a security deposit at lease signing.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2126 of 3224
Re: 08 328i Coupe MF and Residual Values for Feb [joeko23] by Car_man HOST
Feb 12, 2008 (3:34 am)
Reply

Replying to: joeko23 (Feb 06, 2008 9:21 am)

Here's the information that you're looking for, joeko23. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 BMW 328i Coupe with 10,000 miles per year are .00200 and 71%, respectively assuming that you pay a security deposit at lease signing. The numbers for an otherwise identical 36 month lease are .00200 and 61%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2127 of 3224
Re: first BMW lease - please help! [icehawks18] by Car_man HOST
Feb 12, 2008 (3:48 am)
Reply

Replying to: icehawks18 (Feb 06, 2008 9:22 pm)

Hi icehawks18. I completely agree that if you are in an area that has a decent level of competition and you are not too picky about the specific combination of color and options that you want that you definitely should be able to do better than a $1,200 discount on a 2008 BMW 335i Sedan. Have you tried stopping by the KarenS, "BMW 3-Series Prices Paid and Buying Experience" #, 5 Sep 2002 4:08 am discussion? If not, make sure to visit it. Between there and here I am sure that you will see a number of community members getting larger discounts than this.
 
As far as what you will have to pay at lease signing goes, you will have to pay your car's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $50 increment (unless you are a returning BMW FS lessee), BMW FS' $625 acquisition fee, any capitalized cost reduction that you choose to make (ideally this should be $0), and any required state taxes or fees.
 
While it doesn't technically make a difference in terns of the lease program that you get, dealers are usually much more anxious to move a unit that they physically have on their lot than they are to order one for a customers. There are two main reasons for this. The first is as the old saying goes, "a bird in hand is worth two in the bush." A dealer would rather seal a deal immediately than risk having it fall apart as a customer waits for their ordered vehicle to arrive. The other main reason is that dealers are constantly paying floorplan interest on the vehicles that they have in inventory. The sooner they sell them, the sooner the can stop paying this interest. As a result, consumers are usually able to get better deals on vehicles that dealers physically have in inventory than on ordered units.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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