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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

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


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#2543 of 3200
Re: Car_man [carnaught] by Car_man HOST
Nov 16, 2008 (6:03 pm)
Reply

Replying to: carnaught (Nov 08, 2008 7:45 am)

You;re very welcome, carnaught.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2544 of 3200
Re: Cross-shopping leases [ahdanna] by Car_man HOST
Nov 16, 2008 (6:06 pm)
Reply

Replying to: ahdanna (Nov 08, 2008 10:55 am)

Here you go, AD. BMW Financial Services; November buy rate lease money factor and residual value for a 36 month lease of a 2009 328xi Coupe with 12,000 miles per year are .00175 and 61%, respectively.
 
The numbers for an otherwise identical lease of an Audi A4 Avant Premium Plus through Audi Financial Services are .00202 and 54%.
 
The numbers for an otherwise identical lease of an Infiniti G37 Coupe AWD through Infiniti Financial Services are .00279 and 60%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2545 of 3200
Re: 2009 328Xi lease rates [viperz4] by Car_man HOST
Nov 16, 2008 (6:13 pm)
Reply

Replying to: viperz4 (Nov 09, 2008 9:06 am)

Here's the info that you're looking for, viperz4. BMW Financial Services; current buy rate lease money factor and residual value for a 24 month lease of a 2009 328xi Sedan with 12,000 miles per year are .00150 and 67%. The numbers for an otherwise identical 36 month lease are .00150 and 62%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2546 of 3200
Re: Lease Fees [nc_driver1] by Car_man HOST
Nov 16, 2008 (6:17 pm)
Reply

Replying to: nc_driver1 (Nov 10, 2008 3:20 pm)

Hey nc_driver1. BMW Financial Services recently raised its acquisition fee to $725. If you are not a returning BMW FS lessee, you will have to pay a security deposit that's equivalent to your car's monthly payment rounded up to the nearest $50 increment at lease signing. BMW FS will waive its security deposit requirement in exchange for a .00015 money factor increase. I believe that it charges a $350 termination fee. Doc fee / dealer fees vary from dealer to dealer and they aren't anything more than additional dealer profit.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2547 of 3200
Re: 2008 328i-is this a good deal??? [swong] by Car_man HOST
Nov 17, 2008 (4:13 am)
Reply

Replying to: swong (Nov 10, 2008 6:13 pm)

Hi swong. This looks like a great deal to me. The selling price that you are being given is very attractive and the dealer was very straightforward with you about this car's money factor. If you like it, I personally don't see any reason not to pull the trigger.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2548 of 3200
Re: hey carman! [goldenmeeko] by Car_man HOST
Nov 17, 2008 (4:17 am)
Reply

Replying to: goldenmeeko (Nov 11, 2008 3:10 pm)

Hi goldenmeeko. $1,200 over invoice isn't bad, but there's still some room there. Have you tied comparison shopping a little bit with a few other dealers? It wouldn't hurt. Also, try stopping by the "BMW 3-Series Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars recently.
 
Once you have arrived at a selling price that you are comfortable with, have the dealer calculate your monthly payment using BMW FS' buy rate lease money factor of .00200 (for returning lessees or new ones who pay a security deposit) and you're all set.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2549 of 3200
Re: Lease Fees [Car_man] by nc_driver1
Nov 17, 2008 (6:58 pm)
Reply

Replying to: Car_man (Nov 16, 2008 6:17 pm)

Car Man,
Thanks for everything.
#2550 of 3200
Carman! Help please: Lease terms for 2009 335i coupe by skywalker7
Nov 18, 2008 (11:03 am)
Reply

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

Hello Car Man,
 
Great forum--very helpful.
 
Do you know the current lease terms for a 2009 335i coupe for a new buyer? 12K/36 months.
 
--Residual %
--Money Factor
--Spread between MSRP and invoice?
 
I'm getting quote money factors from 0.0017 to 0.00215. I figure various dealers are throwing around figures that are too low/high. I heard from one dealer, that some will lure customers in with a low money factor just to get the customer to sign for the lease and drive with the car; only to have 3 days later the lease rejected by the financing company and re-presented with a higher money factor that most buyers will then sign for to save the hassle of returning the car. That would be a total waste everyone's time!
 
Thanks
Peter
#2551 of 3200
Re: 2008 328i-is this a good deal??? [Car_man] by swong
Nov 18, 2008 (7:19 pm)
Reply

Replying to: Car_man (Nov 17, 2008 4:13 am)

Ok so this is what happened:
 
2008 328i
36 month lease
15000 miles/year
$1182.54 down payment
License Fee $291
Tax on Down $97.56
California Tire Fee $8.75
First Month's Payment including tax $420.15
(This equals Total Drive OFF $2000)
M.F. 0.0009
Cap Cost $33220
Doc Fee $45
DMV Electronic Titling Fee $28
Acquisition Fee $725
(This equals Gross Cap Cost of $34018)
Monthly Payment is $388.13 plus tax (=$420.15)
Residual $20594
 
What do you think?
#2552 of 3200
2008 335 Prem + Sport by mshtpc
Nov 19, 2008 (6:52 am)
Reply
Car_Man,
 
I got this lease quote from a SoCal dealer:
 
MSRP 46,225
Base Cap 42,225
Cap redux 1,000
Residual 56% (15k miles/yr)
36 months
MF 0.00142
$1960 total drive off
 
This gives a payment of $559/mo (tax rate is 7.25%).
I think the MF is too high for the '08 335. Should this not be around 0.0009?

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