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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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#2558 of 3200
Re: Cross-shopping leases [Car_man] by ahdanna
Nov 22, 2008 (8:35 am)
Reply

Replying to: Car_man (Nov 16, 2008 6:06 pm)

Thanks Car_man!
#2559 of 3200
2009 328i lease offer - Good Deal? by mls74
Nov 22, 2008 (9:29 am)
Reply
Hi - new to the forum and was hoping to get some feedback on a lease deal I've been offered for a 2009 328i. Here's the info:
 
MSRP 39800
Purchase price: 37665
money factor - .00150
residual: 63%
Upfront costs: 2070 (Includes acq fee of $725. excludes tax - tax is in pmt)
Monthly pmt of 484.54
 
what do you think? Good deal?
I'd be appreciative of any advice you have!! Thanks!!
#2560 of 3200
New Lease on Dec 08 or wait till Jan 09??? by paowow
Nov 24, 2008 (3:03 pm)
Reply
My 325i lease is due on Jan 31, 09 and I am wondering if I should get a new lease (considering 2009 328i Sedan) on Dec of this year to get a better deal or wait till Jan. of next year.
 
People tells me that End of the year deals are the best, but with recent struggles in economy, I wonder if BMW will come up with better deal in Jan. 09, when sales are usually low.
 
Thanks in advance!
#2561 of 3200
Re: Lease Fees [nc_driver1] by Car_man HOST
Nov 25, 2008 (3:10 am)
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Replying to: nc_driver1 (Nov 17, 2008 6:58 pm)

No problem, nc_driver1. I'm always glad to help.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2562 of 3200
Re: Carman! Help please: Lease terms for 2009 335i coupe [skywalker7] by Car_man HOST
Nov 25, 2008 (3:22 am)
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Replying to: skywalker7 (Nov 18, 2008 11:03 am)

Thanks Peter. Here's the information that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Coupe with 12,000 miles per year are .00200 and 61%, respectively. If you opt to have your car's security deposit (equivalent to your car's monthly payment rounded up to the nearest $50 increment) waived, the money factor will be .00015 higher.
 
You can find out the exact spread between this car's MSRP and dealer invoice price by looking it up over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2563 of 3200
Re: 2009 335i sedan MFs and residuals [tennberg] by Car_man HOST
Nov 25, 2008 (3:30 am)
Reply

Replying to: tennberg (Nov 19, 2008 7:50 pm)

Here's the information that you're looking for, tennberg. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Sedan with 10,000 miles per year are .00175 and 63%, respectively.
 
The numbers for an otherwise identical lease of an '09 335i Coupe are .00200 and 61%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2564 of 3200
Re: Current acq. fee [tennberg] by Car_man HOST
Nov 25, 2008 (3:34 am)
Reply

Replying to: tennberg (Nov 19, 2008 7:58 pm)

Hi tennberg. BMW Financial Services recently raised its base acquisition fee to $725. The dealer that you are working with is marking that up by a couple hundred dollars.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2565 of 3200
Re: 2008 335 and 650 convert lease rates [earth777] by Car_man HOST
Nov 25, 2008 (3:40 am)
Reply

Replying to: earth777 (Nov 22, 2008 12:57 am)

No problem, earth777. I have not heard that BMW allows consumers to lock in money factors, but not residual values...but anything is possible in the current environment. BMW has been getting killed by the residual values that it has overestimated over the years. The only thing that has saved it from some of the pain is that it crams so many CPO vehicles down dealers throats.
 
Locking in a money factor only makes sense if one can lock in the residual value as well because automakers often lower their money factors as the model year progresses to make up for the natural decline that vehicles' residuals experience.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2566 of 3200
Re: Cross-shopping leases [ahdanna] by Car_man HOST
Nov 25, 2008 (3:41 am)
Reply

Replying to: ahdanna (Nov 22, 2008 8:35 am)

You're very welcome, ahdanna.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2567 of 3200
Re: 2009 328i lease offer - Good Deal? [mls74] by Car_man HOST
Nov 25, 2008 (3:54 am)
Reply

Replying to: mls74 (Nov 22, 2008 9:29 am)

Welcome mls74. Let's take a look at the deal that you were quoted. I'll start with the money factor. The .00150 factor that you were quoted is right in line with BMW Financial Services' current buy rate for this model. That is a good sign because it means that this dealer is not trying to mark your car's factor up to add hidden profit to your deal, like BMW dealers often do.
 
Now on to the other important number, the selling price. I don't know its exact dealer invoice price, but the car that you described probably has a spread of around $3,000 between its MSRP and invoice price. The $2,100 dealer discount that you were quoted is probably around $900 or so over invoice. This is a pretty good deal, but if you are in an area that has a number of BMW dealers and you purchase something that is in inventory I wouldn't be surprised if you were able to beat this by a couple hundred dollars.
 
Again, this is a good deal but you probably will be able to beat it by a little. The question is how much work you want to put in to shaving a couple dollars per month off of your car's payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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