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BMW 3-Series Lease Questions

2369 messages,  Last post on Jul 21, 2008 at 12:01 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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#2234 of 2369
shopping- 335i coupe lease Atlanta, GA by tom335i08
Apr 02, 2008 (11:40 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 2369
Re: 328i Coupe Money Factor and Residual [samchen] by 1985mb
Apr 02, 2008 (1:43 pm)
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Replying to: samchen (Apr 01, 2008 7:31 pm)

Bimmerfest has March resid and MF. Anyone have April's (328CiC Cvt if that helps)?
#2236 of 2369
Re: 328i Money Factor and Residual [samchen] by jun2
Apr 02, 2008 (8:00 pm)
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Replying to: samchen (Apr 01, 2008 7:31 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 2369
April Lease Rates - 328 Coupe by mva1
Apr 03, 2008 (6:39 am)
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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 2369
Re: 328i Money Factor and Residual [jun2] by cdnpinhead
Apr 03, 2008 (6:50 am)
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Replying to: jun2 (Apr 02, 2008 8:00 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 2369
Re: 328i Money Factor and Residual [jun2] by jun2
Apr 03, 2008 (8:25 am)
Reply

Replying to: jun2 (Apr 02, 2008 8:00 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 2369
Re: 328i Money Factor and Residual [jun2] by stvroy
Apr 03, 2008 (10:29 am)
Reply

Replying to: jun2 (Apr 03, 2008 8:25 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
#2241 of 2369
335 coupe lease by inandabout
Apr 03, 2008 (10:59 am)
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Car man
 
I want to lease a 2008 335ci, with an MSRP of $51,090 which includes all options and accessories including an aero kit costing about $1,195. I understand this kit is not added to the residual value at the end of the lease. The dealer has offered $500 off MSRP. The tax rate is 6.25% in TX. Additionally, the painting for the aero kit is an additional $1,000 not included in the MSRP.
 
I am looking for a 42 month lease with 15,000 miles. What should I expect for a least payment that includes the taxes.
 
Thanks -
#2242 of 2369
Re: 335 coupe lease [inandabout] by qbrozen
Apr 03, 2008 (11:24 am)
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Replying to: inandabout (Apr 03, 2008 10:59 am)

$2200 for a body kit on a car you are essentially renting?
And only $500 off sticker to boot?
Ouch!
#2243 of 2369
Re: 335 coupe lease [qbrozen] by inandabout
Apr 03, 2008 (7:39 pm)
Reply

Replying to: qbrozen (Apr 03, 2008 11:24 am)

The thing is I originally ordered the car with the kit with the intentions of buying. But some circumstances have changed I am considering a lease if still lowers my cash flow wtih sig. difference. How much discount can I expect.
 
Anyone have an idea what the lease payment should be on my previous post (#2241) Thanks
 
I think I may still buy as gbrozen has a very good point.

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