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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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#2231 of 3224
328i Coupe Money Factor and Residual by mva1
Apr 01, 2008 (3:00 pm)
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Car_man,
 
I was wondering if you could let me know what the current money factor and residual is for a 2008 328i coupe. I am looking to lease for 36 or 39 months with 10,000 miles per year.
 
Thanks for the help!
#2232 of 3224
Re: 328i Coupe Money Factor and Residual [mva1] by samchen
Apr 01, 2008 (6:31 pm)
Reply

Replying to: mva1 (Apr 01, 2008 3:00 pm)

http://www.bimmerfest.com/forums/showthread.php?t=267854
 
Click the above link and you will find the answers
#2233 of 3224
Re: 328i lease [stan371] by skobola
Apr 01, 2008 (8:18 pm)
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Replying to: stan371 (Mar 27, 2008 3:18 pm)

MSDs = Multiple Security Deposits. I believe that Edmunds does not permit me to tell the name of the sales associate, and you do not have your e-mail posted, therefore, I cannot tell you.
#2234 of 3224
shopping- 335i coupe lease Atlanta, GA by tom335i08
Apr 02, 2008 (10:40 am)
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I am new to leasing and to this forum.
 
I am looking for following configs. -
 
3.0-liter, turbocharged inline 6-cylinder engine
 
Base MSRP $40,800
Jet Black $0
Black Leatherette $0
Dark Burl Walnut wood trim $0
Sport Package $1,100
Heated front seats $500
Navigation system $2,100
HD radio $350
iPod and USB adapter $400
BMW Assist with Bluetooth System $750
Destination & Handling: $775
Total MSRP as Built $46,775
 
I have one quote so far - $660 + tax for 36/12k/2500
 
I understand I shouldnt put any money down. I am reading more about MSD. Didnt ask the dealer about MF, dont remember exact residual value (I think 60%).
 
What are the things that I can negotiate? I live in Atlanta, GA. I am traveling to Germany for my school-reunion in June 1st week, how do negotiations change if I did an ED?
 
Thanks a ton in advance!!
#2235 of 3224
Re: 328i Coupe Money Factor and Residual [samchen] by 1985mb
Apr 02, 2008 (12:43 pm)
Reply

Replying to: samchen (Apr 01, 2008 6:31 pm)

Bimmerfest has March resid and MF. Anyone have April's (328CiC Cvt if that helps)?
#2236 of 3224
Re: 328i Money Factor and Residual [samchen] by jun2
Apr 02, 2008 (7:00 pm)
Reply

Replying to: samchen (Apr 01, 2008 6:31 pm)

Thanks for the link for BMW Lease rate, I was able to calculate my base monthly payment. I have one question though, does the base monthly payment calculated does not include Taxes. Should it be included? I live in NJ and Sales tax is 7%, so if the CapCost of 37,000 then tax is $2590/36 months which will give $71.94 per month. Is this added to the calculated monthly base payment ?
I am returning 325i BMW lease due next Month , I am trying to learn to get the best possible and affordable monthly payments I can with $1,000 due on signing.
thanks for your help guys, I love this site!
#2237 of 3224
April Lease Rates - 328 Coupe by mva1
Apr 03, 2008 (5:39 am)
Reply
Does anyone know if the April lease rates, Money Factor and Residual percentage, are the same for the 328 coupe as they were in March? I'm looking to lease a 328 for 36 or 39 months with 10,000 miles per year.
 
Thanks!
#2238 of 3224
Re: 328i Money Factor and Residual [jun2] by cdnpinhead
Apr 03, 2008 (5:50 am)
Reply

Replying to: jun2 (Apr 02, 2008 7:00 pm)

For a lease, I believe you only pay tax on the portion of the car's value you use -- cap cost minus residual plus interest -- much lower number than the one you calculated. In effect, you just pay tax on your monthly payment, though I think some states may do it differently.
#2239 of 3224
Re: 328i Money Factor and Residual [jun2] by jun2
Apr 03, 2008 (7:25 am)
Reply

Replying to: jun2 (Apr 02, 2008 7:00 pm)

Hi there,
My lease is due in Mid May (next month) for 325i. I intend to lease 2008 328i for 36months with the following:
 
Model 2008 328i 4dr Sedan
Titanium Silver
Cold Weather Pkg
Premium Pkg
Automatic Trans
10k miles /yr
NJ Sales tax is 7%
 
With $1,000 due on signing, what would be the numbers I should negotiate?
such as the cap cost etc. MF is .00175 and Resid is 63% from the currrent BMW lease rates that I saw. I dont want to pay over $500/mth. Is $475/month possible?
All inclusive of sales tax.
Please help me to decide and get a better deal.
Thanks a lot!
#2240 of 3224
Re: 328i Money Factor and Residual [jun2] by stvroy
Apr 03, 2008 (9:29 am)
Reply

Replying to: jun2 (Apr 03, 2008 7:25 am)

I plugged in the numbers you provided (into LeaseGuide's calculator)
 
MSRP- $38,700
Price - $36,200 ($500 over invoice which should be realistic based on others I've seen)
 
Bank Acq- $825 (Marked up from $625 from BMW)
Residual- 63%
Money Factor - .00175
$1,000 Down basically pays your upfronts (give or take some fees)
 
Base Payment- $458.68
Tax- $32.11 (7% provided)
Total- $490.79

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