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BMW 3-Series Lease Questions

3222 messages,  Last post on Dec 06, 2009 at 9:54 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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#2468 of 3222
Re: Lease Buyout Question. [kyfdx] by ahdanna
Sep 17, 2008 (10:33 am)
Reply

Replying to: kyfdx (Sep 12, 2008 6:25 am)

Hi kyfdx - my 328xic lease is up in november and i am considering buying it. where can i get that mmr number and i assume it's less than the residual on the lease?
 
thanks,
ahdanna
#2469 of 3222
Re: Lease Buyout Question. [kyfdx] by dino001
Sep 18, 2008 (7:59 am)
Reply

Replying to: kyfdx (Sep 17, 2008 9:03 am)

How is BMW on lease residuals? I know Honda wouldn't negotiate just for sake of the principle, others might. What is BMWs stance and practice?
#2470 of 3222
Re: Lease Buyout Question. [dino001] by eights38
Sep 18, 2008 (8:09 am)
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Replying to: dino001 (Sep 18, 2008 7:59 am)

dino001 - No lease company will negotiate on residuals. However, the money factor (interest rate) is another story...
 
Matt
eights38gmail.com
#2471 of 3222
North Scottsdale BMW by bmwx330
Sep 20, 2008 (11:14 am)
Reply
Anyone in Phoenix area lease a car from these guys ??
 
On their website, they have "special" for 328i ($399/month, 0 down). Sounds too good to be true (that or it's a 72 month lease).
 
Unrelated to lease questions. Anyone ever get a car from thses guys ?? Are they reputable dealer ?? Do salespeople treay you like prey ??
#2472 of 3222
Re: Lease Buyout Question. [eights38] by dino001
Sep 20, 2008 (12:08 pm)
Reply

Replying to: eights38 (Sep 18, 2008 8:09 am)

That was not what I meant (poorly worded question): my intent was to ask how strict they are with price at the lease turn-in, whether or not they'd negotiate of price of now 3-year old car that may not be worth as much as the residual says.
#2473 of 3222
Re: North Scottsdale BMW [bmwx330] by carnaught
Sep 20, 2008 (12:30 pm)
Reply

Replying to: bmwx330 (Sep 20, 2008 11:14 am)

bmwx330:
Check your carspace email mailbox.
#2474 of 3222
current lease offer for 328i on BMW website by bmwleaser
Sep 21, 2008 (1:08 pm)
Reply
Hi,
Am new to leasing and just wanted to get the opinion of the experts here.
I am planning on leasing a 2008 328i (base model, no extra packages),
What is the current MF and residual set at for 328i, for a 36 months lease ?
Based on the current lease offer on the BMW website I am unable to arrive at the monthly payment of 409$ ( without tax ofcourse) with MF of 0.00125 and residual set at 59% for 36 months lease.
The offer on the BMW website is :
MSRP 38,200 ( ofcourse this is for a premium package )
residual set at 59% for 36 months,
 
can someone please advice here ? did I get the MF wrong ?
 
Also for a base model 328i (2008) the current invoice price on edmunds is 30910 ( incl destination charges of 825$). What is considered a good bargain on the sale price for this lease ( something which I can try to negotiate with the dealer) ? 1000$ over invoice ? carsdirect is quoting me 32500$ no haggle price ... is that a good deal ?
#2475 of 3222
Re: North Scottsdale BMW [bmwx330] by krwest1
Sep 22, 2008 (8:02 am)
Reply

Replying to: bmwx330 (Sep 20, 2008 11:14 am)

If you notice the fine print, you have to pay 1st payment, security deposit, tax, title, doc fee and bank fees up front. Given that, they are using approx. $1000 over invoice as the price of the car. Not that great of a deal.
#2476 of 3222
Re: current lease offer for 328i on BMW website [bmwleaser] by bmwleaser
Sep 22, 2008 (12:30 pm)
Reply

Replying to: bmwleaser (Sep 21, 2008 1:08 pm)

Could the experts please advice ?
I am planning on leasing a 328i this weekend and any help would be greatly appreciated.
#2477 of 3222
Re: current lease offer for 328i on BMW website [bmwleaser] by skobola
Sep 22, 2008 (9:25 pm)
Reply

Replying to: bmwleaser (Sep 22, 2008 12:30 pm)

Add about $1,000 to the invoice and this should be a pretty good price. Of course, this depends on the dealer and how many cars they are actually selling. Here, in South Florida, they are not discounting much, and therefore, I have always gotten my cars elsewhere. However, I have heard that some supposedly have managed to get their Bimmers at $500 over invoice. Then calculate the lease price, and this should be it. Let us know exactly what car you are buying and it should not be difficult to find what a fair/good lease would be. Just for your info, I have managed to lease my 328 in May for $399 + tax, MSRP was $34,400 (manual, metallic, BMW Assist), however, with multiple sec. deposits (MSDs). The same deal would be $425+tax w/o MSDs. If you are interested, I can let you take over my lease, as I got an opportunity to get a Boxter Spec Edition, which I would not mind to buy.

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