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BMW 3-Series Lease Questions

3205 messages,  Last post on Dec 02, 2009 at 11:16 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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#2520 of 3205
MF and Residuals on Pre-Owned 328xi by scottyt24
Nov 06, 2008 (4:47 pm)
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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
#2521 of 3205
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
#2522 of 3205
Re: Buy rate and residuals for November 2008 [trinityklm] by Car_man HOST
Nov 06, 2008 (4:53 pm)
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Replying to: trinityklm (Nov 04, 2008 12:19 pm)

Here you go, trinityklm. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 328xi Wagon with 15,000 miles per year are .00190 and 54%, respectively. It appears as though the dealer that you are working with is marking up your money factor.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2523 of 3205
Re: Buy Rates/Residuals for Nov 2008 on 328i [nc_driver1] by Car_man HOST
Nov 06, 2008 (4:57 pm)
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Replying to: nc_driver1 (Nov 06, 2008 11:21 am)

Hi nc_driver1. As a rule of thumb, savvy consumers who comparison shop in an area that has a decent level off competition are almost always able to beat manufacturers' official advertised lease payments. If I was in the market for a 328i right now, I personally would shoot for a selling price of $500 over dealer invoice and the use of BMW FS's buy rate (.00075) and see what happens.
 
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
#2524 of 3205
Re: Buy Rates/Residuals for Nov 2008 on 328i [Car_man] by nc_driver1
Nov 07, 2008 (5:06 am)
Reply

Replying to: Car_man (Nov 06, 2008 4:57 pm)

Thanx CarMan.
 
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.
#2525 of 3205
Help>>MF & Residual for an 09' 328i by webba
Nov 07, 2008 (7:07 am)
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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!
#2526 of 3205
Re: good deal or not? [Car_man] by swong
Nov 07, 2008 (8:35 pm)
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Replying to: Car_man (Nov 06, 2008 4:43 am)

Thanks. So the money factor is still 0.00075 even with 15miles/year? And if they mark it up, how do I argue that I know it is only 0.00075? Is this public info?
 
Thanks
#2527 of 3205
Re: 2008 335 and 650 convert lease rates [eights38] by earth777
Nov 08, 2008 (12:24 am)
Reply

Replying to: eights38 (Nov 04, 2008 6:59 am)

Thanks Matt and Carman. do you guys have the Nov. rates for 2009 models? Also, any thoughts if BMW will sweeten the deal in December given their most recent earnings announcement?
#2528 of 3205
Car_man by carnaught
Nov 08, 2008 (7:45 am)
Reply
Thanks for your recent input. Please check you Carspace email for a message.
#2529 of 3205
Cross-shopping leases by ahdanna
Nov 08, 2008 (10:55 am)
Reply
Hi Car_man,
 
Could you give me Nov MF's and Residuals for:
- 2009 328xi coupe
- 2009 Audi A4 Avant Premium Plus 2.0 Quattro
- 2009 Infiniti G37 Coupe AWD
 
All with Auto transmission and all with 3 years/36K, unless there's something that looks better (39, 42, etc.)
 
Thanks so much,
AD

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