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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3200 messages, Last post on Nov 25, 2009 at 7:08 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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 .
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Replying to: chuckjr (Nov 04, 2008 8:14 am) 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 |
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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 |
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Replying to: goldenmeeko (Nov 04, 2008 11:09 am) 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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Replying to: trinityklm (Nov 04, 2008 12:19 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nc_driver1 (Nov 06, 2008 11:21 am) Make sure to stop by the discussion "BMW 3-Series Prices Paid and Buying Experience" for additional feedback on what sort of selling price you should pay on this car right now. Good luck and let us know if you have any other questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Nov 06, 2008 4:57 pm) To recap Nov rates: money factor for a 2008 328i is .00075, residual 58% for 36 mo lease w 12k miles/year. Do you expect the December rates to be better than current ones? Thank you again.
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Car_Man, Do you by any chance have the MF and Residual for a 2009 328i for a 36 month lease with 12K miles/year. Thank you!
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Replying to: Car_man (Nov 06, 2008 4:43 am) Thanks
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Replying to: eights38 (Nov 04, 2008 6:59 am)
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