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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

What is this discussion about? BMW, Car Leasing, Sedan, Wagon


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#2512 of 3218
Re: 2008 335 and 650 convert lease rates [Car_man] by gator5000e
Nov 04, 2008 (6:46 am)
Reply

Replying to: Car_man (Nov 03, 2008 4:17 am)

Car_Man,
 
Did BMW announce the November lease program for November yet? If so, could you run it by us or point us to a place where we can check it out? Thanks...This site is great!!
#2513 of 3218
Re: 2008 335 and 650 convert lease rates [gator5000e] by eights38
Nov 04, 2008 (6:59 am)
Reply

Replying to: gator5000e (Nov 04, 2008 6:46 am)

gator5000e,
 
Information is Based on Top Tier Credit and 15k Miles per Year (Add 2% for 12k Miles per Year or 3% for 10k Miles per Year).
 
2008 BMW 335 Convertible
36 Months - 0.00175 Money Factor - 54% Residual
39 Months - 0.00175 Money Factor - 51% Residual
42 Months - 0.00175 Money Factor - 48% Residual
 
2008 BMW 650 Convertible
30 Months - 0.00075 Money Factor - 63% Residual
36 Months - 0.00075 Money Factor - 57% Residual
39 Months - 0.00075 Money Factor - 54% Residual
42 Months - 0.00075 Money Factor - 51% Residual
 
Best,
Matt
eights38gmail.com
#2514 of 3218
November lease figures by chuckjr
Nov 04, 2008 (8:14 am)
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What is the current lease figures for both the 08 and 09 328
I am looking at a 328i sedan w premium package - most likely 12k/year. not sure whether 2 or 3 year.
 
In the previous post Matt mentioned adding 2 and 3% for 12k and 10K leases.
Is this a standard figure or just BMWs?
 
thanks
 
chuck
#2515 of 3218
help anybody! thanks =) by goldenmeeko
Nov 04, 2008 (11:09 am)
Reply
hey guyz im close to getting a 2008 alpine white 335i with auto,prem, navi, ipod, sport, etc. and im going in the dealer on tomarrow and i need your help! im planning to lease for the first time because i realized that i get bored of cars and i have never kept a car for more then 2-3 years so i wanna lease. what should i look out for and how much you think i should pay? i was thinking 1.5-2k down and about low-mid 500s do you think thats possible? or can it be lower?
#2516 of 3218
Re: good deal or not? [swong] by Car_man HOST
Nov 06, 2008 (4:43 am)
Reply

Replying to: swong (Nov 03, 2008 10:32 am)

Hi swong. Over $1,000 under dealer invoice is an excellent selling price for a leased 2008 BMW 328i. Just make sure that the dealer uses BMW Financial Services' current buy rate lease money factor of .00075 to calculate your monthly payment (BMW dealers are notorious for marking money factors up) and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2517 of 3218
Buy rate and residuals for November 2008 by trinityklm
Nov 04, 2008 (12:19 pm)
Reply
I'm looking for someone who knows the November buy rate and residual for a 328i xDrive sport wagon. (3 yr. lease with 15,000 miles/year)
 
I think I'm being quoted high at .00236 with the buy rate.
 
Any ammunition would be appreciated!
#2518 of 3218
Buy Rates/Residuals for Nov 2008 on 328i by nc_driver1
Nov 06, 2008 (11:21 am)
Reply
Hi,
I am looking into leasing a 328i model, 2008 or 2009 .
 
Although the current offer on a 2008 328i w premium package seems attractive-$369/mo w $3269 cash due at signing, 30K miles for the life of the lease, I wish I have some additional information to reference to.
 
Therefore, I would very much appreciate any insight about this current offer, the November rates and whether December lease rates are historically better.
 
Thanks so much in advance .
#2519 of 3218
Re: November lease figures [chuckjr] by Car_man HOST
Nov 06, 2008 (4:47 pm)
Reply

Replying to: chuckjr (Nov 04, 2008 8:14 am)

Hi chuck. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 328i Sedan with 12,000 miles per year are .00075 and 63%, respectively. The numbers for an otherwise identical 36 month lease are .00075 and 58%.
 
BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2009 328i Sedan with 12,000 miles per year are .00150 and 70%, respectively. The numbers for an otherwise identical 36 month lease are .00150 and 62%.
 
If you were to lease with only 10,000 miles per year, these cars' residual values would be 1% higher. BMW FS' residual value adders are 2% for 12k leases and 3% for 10k leases.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2520 of 3218
MF and Residuals on Pre-Owned 328xi by scottyt24
Nov 06, 2008 (4:47 pm)
Reply
Hello-
 
Local dealer has a 328xi that was a demo with about 10,000 miles. While I have not been to see the vehicle, was just curious if anyone knew how lease deals worked with pre-owned cars. I would assume that there is still residual and money factors involved? Any idea on typically how these work?
 
Thanks
#2521 of 3218
Re: help anybody! thanks =) [goldenmeeko] by Car_man HOST
Nov 06, 2008 (4:51 pm)
Reply

Replying to: goldenmeeko (Nov 04, 2008 11:09 am)

Welcome goldenmeeko. You really need to understand how leasing works before negotiating with any dealers. If you don't there is a good chance that you are going to be taken advantage of. The following informative articles that are available here at Edmunds.com will give you an idea of how leasing works: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the best way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible on the car that you are interested in and then have the dealer calculate your monthly payment using its buy rate lease money factor.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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