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BMW 3-Series Lease Questions

2453 messages,  Last post on Sep 04, 2008 at 11:35 AM

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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#2187 of 2453
Re: 328i Convertible [stvroy] by cdnpinhead
Mar 02, 2008 (8:31 pm)
Reply

Replying to: stvroy (Mar 02, 2008 7:25 pm)

I'm not sure what part of the country you're in, but shopping among 5-10 (or more) stores is a very good thing. Some are very competitive. Many aren't.
 
Good luck, and enjoy.
#2188 of 2453
Re: 328i Convertible [stvroy] by ellechero
Mar 03, 2008 (7:31 pm)
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Replying to: stvroy (Mar 01, 2008 3:31 pm)

it seems kind of high i just got a 535i and they told me the money factor went down on the first the money factor i got was .0019 and i think last month money factor was .0025 im not sure if the money factor is different on the 3 and the 5.
#2189 of 2453
Re: 335i On Order [coby03] by boe747lcf
Mar 08, 2008 (9:24 pm)
Reply

Replying to: coby03 (Mar 01, 2008 12:45 pm)

Hi coby03,
 
That looks like a pretty good deal. Can I ask how you got the MF and residual? I'd like to do the exact same lease term, just a slightly different optioned car. Did you put anything down (like an acquisition fee, security deposit)?
 
I thought I read somewhere that at the end of a BMW lease you have to pay a disposition fee (basically paying BMW to take your car back)? Any truth to that?
 
Thanks!
#2190 of 2453
Good deal--mine was similar by ursamajor
Mar 09, 2008 (12:04 am)
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Replying to: coby03 (Mar 01, 2008 12:45 pm)

335xi sedan w/ $ 600 deposit lowering MF to .002, same mileage (10k/yr for 3yrs), therefore same residual, your equipment, plus Arctic metallic paint, plus cold weather, no sport, no paddle shifters, add park distance control, add remote entry device. I didn't put up a deposit when ordering. I ordered 12/28, took delivery 2/18 in Burbank, CA. Based upon info provided by several posters here (like Woody1241, #1736), I insisted upon Continental Conti Contact SSR RFTs as a condition of taking delivery. Guess what? The vehicle arrived with the tires I wanted. We actually had some rain in L.A. right after I took delivery and the traction and feel on wet surfaces is peerless with the AWD. I bought a fifth identical wheel and tire and keep it in the garage until and unless I drive over 300 miles, when I'll place it in the cargo area (rear seats fold forward). The spare is little expense, about $ 550, considering the peace of mind. My lease is $ 552/mo. prior to sales tax, based upon a cap cost $ 500 over invoice.
 
FWIW, not one person has failed to remark favorably about Arctic metallic. In bright sun, the grey exhibits subtle hues of green and light blue, and it's not a "dark" color, which reduces the heat buildup factor.
#2191 of 2453
Lease Rates for the 328 Conv. by stvroy
Mar 09, 2008 (6:15 pm)
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I know it's speculation, but what do you all think rates will do over the next couple of months? The base rate dropped from .00275 in February to .00245, but they are still much higher than the coupe and sedan. Do you think they will continue to drop?
 
Also, if I order one now, do I get the rate now or do I contract and lock in at delivery? Thanks in advance.
#2192 of 2453
Re: 335i On Order [boe747lcf] by coby03
Mar 10, 2008 (5:56 pm)
Reply

Replying to: boe747lcf (Mar 08, 2008 9:24 pm)

The MF and RV are the base rates from BMWFS for a 335i sedan, 3 year, 30K mile lease as of beginning of March 2008. They were MF 0.0021 and RV of 64%. Since I ordered the vehicle, the rates are locked in for 60 days. If they go up, I'm covered. If it goes down, I'll get the better rate. Watch to make sure the dealer doesn't try to mark up the MF which they are prone to do to bake a little more profit into the deal.
 
As far as anything down, I paid a $500 deposit so far. When the vehicle comes in I'll pay the 1st payment, BMWFS acquisition fee, plate/regist fee, and taxes (less the $500 deposit). There is no security deposit since I'm a returning BMWFS customer. And when I turn in my 2005 330Ci, they will waive the $350 disposition fee. If I didn't re-up with BMW I'd have to pay that fee.
 
I saw that my 335i is scheduled for production on BMW Owner's Circle. Hopefully will have it here in less than 6 weeks from now. Waiting....ugh.
#2193 of 2453
What's up with the Sport Wagon lease prices??? by shipo
Mar 10, 2008 (7:03 pm)
Reply
I just configured up three different 3-Series cars, a Sedan, a Coupe, and a Sport Wagon, all at exactly $44,000, and all with exactly $4,000 "down" (kind of simulating ED savings). What I found disheartening was the huge disperity between the various monthly lease costs given three "identically" financed cars (3-Year/36,000 mile leases). Consider the following:
 
2008 328i Sedan -- $507
2008 328i Coupe -- $531
2008 328i Wagon -- $572
 
Ouch, that means that over the term of the lease, the Sport Wagon will cost $2,340 more (or nearly 13% more). Ouch, what's up with that?
 
Best Regards,
Shipo
#2194 of 2453
Re: What's up with the Sport Wagon lease prices??? [shipo] by kyfdx HOST
Mar 10, 2008 (7:05 pm)
Reply

Replying to: shipo (Mar 10, 2008 7:03 pm)

BMW wagons rarely have good lease programs... and, if they are decent, they still aren't as good as the sedans..
 
Low volume means little incentive to cut the price, I guess..
#2195 of 2453
Re: What's up with the Sport Wagon lease prices??? [kyfdx] by shipo
Mar 10, 2008 (7:34 pm)
Reply

Replying to: kyfdx (Mar 10, 2008 7:05 pm)

Thanks Walt.
 
Given how steep the lease rates are for the Wagon, we may just pay cash for the darned thing. Grrr.
 
Best Regards,
Shipo
#2196 of 2453
Re: 335i On Order [coby03] by boe747lcf
Mar 10, 2008 (7:47 pm)
Reply

Replying to: coby03 (Mar 10, 2008 5:56 pm)

Thanks coby03.
 
You must be so anxious to get your car.... I test drove the 335i this weekend and it was an incredible car. I sure hope that I get get a similar deal once I'm ready to buy (lease). But I suppose I need to keep a level head and not go overboard in payments too... so would the 0.0021 and 64% also be applicable for a 328i, or are there different numbers for that car? I really like the 335i but I'm thinking the 328i is also a nice car to drive.
 
Thanks for the help. I'm sure we won't be seeing you in this forum in about six weeks since you'll be out enjoying your new ride every chance you get!

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