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Prices Paid: Buying & Leasing Experiences 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
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Looking to get the car by February month-end. Am based in Southern California. Looking to lease for 36 months, with 15k miles. Will consider $2,000 down. A+ credit. * 2008 335i Coupe * Premium Package (manual transmission) * Sport Package * iPod * Metallic paint * Exterior Color: graphite grey Prices (per Edmunds): ======== Coupe ============ MSRP: $40,800 + options = $46,100 Invoice: $37,535 + options = $42,425 ======== Convertible ============ MSRP: $49,100 + options = $53,600 Invoice: $45,170 + options = $49,335 Target price (are these possible?): Coupe: $2,000 down, $500/month + tax Convertible: $2,000 down, $620/month + tax Can someone please post the residual and money factors for these cars? Can any dealer offer some specific deals? I am in Southern California, but am willing to drive to Northern California, San Diego or Phoenix Thanks.
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Replying to: tab5 (Feb 09, 2008 8:51 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: scrammy (Feb 10, 2008 11:53 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nm_socal (Feb 13, 2008 12:30 am) Let's work up a payment on the convertible now. According to my calculations, if you were to lease a 2008 BMW 335i Convertible that has an MSRP of $53,600 and a selling price of $49,835 (again $500 over invoice, which might not even be attainable) through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $730. Again, this is higher than you were hoping for. I used a money factor and residual value of .00275 and 59% to calculate this payment. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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| Hi, everyone. I placed an order in December to lease a BMW 328xi sedan with a MSRP of 43,575 including the $775 destination & handling fee. The terms are for 36 months and 12K miles per year. We negotiated a capitalized cost is $41,290, which is approximately 1K over invoice. Now that I am about to take delivery, what should my pre-tax, pre-fee monthly payment represent given the present BMW MF and residual? Other than taxes, what other fees do I need to watch out for given I am transferring my plates? Thanks in advance! | |
A national newspaper is looking to speak to consumers who recently purchased or leased a new vehicle because of a good deal they found, whether it was low APR (financing), lease specials, rebates or other incentives. Please respond no later than Feb. 19 with your daytime contact information to Chintan Talati at ctalati edmunds.com.
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I am buying a 335i convertible via ED. MSRP (including destination) $54520 Cap Cost (ED invoice + Dealer profit) + 6.25% (must pay tax on total in TX) $51382 Cap Reduction: $1580 Residual 59% for 15k miles/year Term 36 months MF: [.00275+.0007(max dealer markup agreed upon)] - .00049 for MSDs = .00296 I get lease payments of $730. This is not what dealer just sent to me. Am I missing something? i used the lease calculator on autoleaseadvisers.com Thanks in advance. |
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Hello...I'm looking to Pick up a 328i coupe or sedan this Presidents Day Weekend. I would prefer the coupe but I will take the sedan if the coupe is out of my price range. Im looking to get the premium pkg on the car. I'm wondering if I could get the run down on what a good sale price would be and what the residuals and MF's are for feb on both the cars. I'm looking for 36/12K lease. I am a returning BMW FS customer and I would like to put 0 down and only pay drive off. Are there any incentives for the holiday weekend? (i'm in SoCal if that makes a difference) Im trying to keep my payments at $500/mo..is that possible?? Thanks to anyone that can help! |
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I've read a lot of these posts, but haven't found out how to get all the information to calculate a "good" lease payment. I am lookint at a 2008 335xi, with options the MSRP $48,475. I will be leasing in St. Louis Missouri. The terms are either 2 years/12k per year or 2 years/15k per year. I can't figure out how to find the residual value or money factor that is current, although I read that 0.002 is good/expected. Can anyone tell me if that, with the above 2/12k per year, if $615/month with total at signing $3600 (approx) is a good deal, and how negotiable that would be? The due at signing is 2500 + 1st month + 500 (?tax). Or even tell me how to get the numbers and calculate it?????? Thanks again.
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Replying to: stevek4 (Feb 16, 2008 5:35 am) However, those links won't do you much good without knowing the residual values & money factors for the BMW(s) you're interested in. Go to the Bimmerfest web site, select Forums & go to the Ask-A-Dealer section. At or near the top will be the current lease rates for every BMW sold in the U.S. These can change monthly (usually don't, but can), so if it's a few months before you're ready to pull the trigger, be sure to recheck. There are other things to know, like the standard $625 bank/handling fee that is often marked up to $825, and how multiple security deposits can lower the money factor enough to be the equivalent of a very nice return on the amount "invested" for the term of the lease. The security deposit amount equals the lease payment rounded up to the nearest $50. Never pay any money "down" as a cap cost reduction -- the only cap cost reduction you want is an outright discount off MSRP. Your out-the door cost should equal one month's payment, the $625 handling fee & your security deposit(s), plus possibly tax, though that's usually worked into the monthly payment. Those are the basics, but there's more if you're willing to read back through a few months (or years, if you're gung-ho) of the posts here. Good luck & let us know how it turns out.
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