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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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#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
Host
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
#2568 of 3200
Re: 2009 335i sedan MFs and residuals [Car_man] by gator5000e
Nov 25, 2008 (9:02 am)
Reply

Replying to: Car_man (Nov 25, 2008 3:30 am)

Car_Man, do you have the numbers for the same vehicles with 12,000 and 15,000 miles? Thanks.
#2569 of 3200
Re: 2009 335i sedan MFs and residuals [gator5000e] by kyfdx HOST
Nov 25, 2008 (9:10 am)
Reply

Replying to: gator5000e (Nov 25, 2008 9:02 am)

Subtract 1% for 12K mi./yr, and 2% more (3% total) for 15K mi./yr.
 
The MF will stay the same...
#2570 of 3200
Re: 2009 335i sedan MFs and residuals [kyfdx] by gator5000e
Nov 25, 2008 (10:26 am)
Reply

Replying to: kyfdx (Nov 25, 2008 9:10 am)

Thank you!
#2571 of 3200
2009 335 coupe ?s by caresq
Nov 25, 2008 (12:53 pm)
Reply
Hi Carman and others,
 
I'm looking to buy a 335 couple manual, prem, sports, and navi.....
 
What are the prices you guys have seen?
 
What's the MF and Residual for 2008 335 coupe, 15k miles, 3 year lease?
 
Thanks in advance!
#2572 of 3200
Re: Carman! Help please: Lease terms for 2009 335i coupe [Car_man] by yachtsrus
Nov 25, 2008 (4:00 pm)
Reply

Replying to: Car_man (Nov 25, 2008 3:22 am)

Can anyone provide me with money factor and residual for 2008 BMW 335I coupe
for a 24 mo and 36mo lease? I have been quoted .00225 and 54% residual which doesn't appear as aggressive as I think it should be.
Thanks!
#2573 of 3200
800 over invoice? by nharsh
Nov 25, 2008 (5:36 pm)
Reply
I wanted to lease a 328i 08 but dealer does not have any more. Instead dealer offered to order from factory 09 equipped with whatever I want and would charge 800 over invoice. Here are the details I was given:
 
                             Wholesale MSRP
2009 328I Sedan $30,730 $33,400
Jet black
Beige dakota leather
Premium package 3,050 3,335
Steptronic automatic transmission 1,260 1,325
Comfort access system 455 500
xenon headlights 730 800
Ipod usb adapter 365 400
MACO 300
Training 180
Destination charge 825
Suggested price $37,895 $40,600
 
I can sell you this vehicle for $38,695 plus tax, tags, and fees.
 
What are the MACO and training charges? Is that something I could negotiate. Also he mentioned that it would likely take 6-8 weeks to arrive. Would I still be able to get the special lease rates being offered now or would I have to take my chances on what the market rates are at the time of delivery?
 
Thanks for any help.
#2574 of 3200
Re: 800 over invoice? [nharsh] by kyfdx HOST
Nov 26, 2008 (4:13 am)
Reply

Replying to: nharsh (Nov 25, 2008 5:36 pm)

MACO is a regional advertising fee
Training is a separate line item on all BMW invoices
 
Those are both on his invoice (95% of BMW dealers pay MACO). If he is offering you $800 over invoice, then it is what it is.. You can try to negotiate lower, but not based on those two charges not being genuine.
 
If you order before the end of the month, then you can lock in the rates until the end of January. Some programs have a special 90 day rate lock, but you'll have to ask the dealer. If you do order and rate lock, be sure to get the dealer to agree to change to the new program, if it's better at time of delivery.
 
The nice thing about ordering? You don't pay for anything you don't want. Sometimes, that will save you more than looking for a great deal on an existing car.
 
regards,
kyfdx

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