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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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#2578 of 3200
Charity Auction '09 335i by whazupkids
Nov 28, 2008 (11:01 pm)
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I will soon be attending a charity auction where a BMW dealer has donated a 1 year lease on a 2009 335i 4 door automatic. Here's the info:
 
"Enjoy a 15,000 mile, one .year lease on a 2009 BMW 335i 4 door automatic
 
Leather interior
 
6 – cylinder twin turbo engine
 
Sports .package
 
Premium package
 
iPod and USB adapter, satellite .radio and Bluetooth
 
MSRP – Purchase .price - $46,400"

 
I'm trying to figure out what would be a decent winning bid on this one year lease, and from what I can tell the it's worth about $6,899. I arrived at this # by:
 
$519 X 11 months = $5709
 
$3569 Drive Off for a 36 month lease, so divide by 3 (for only 12 mo) = $1190
 
$5709 + $1190 = $6899.
 
I do believe the winning bid is ALL one pays; I would be shocked if the dealer tried to add other fees afterwards. So if that's correct, then a winning bid of $6500 wouldn't be much of a steal, but around $5,500 or less would be....yes???
#2579 of 3200
328CI 2008 and 2009 by davidt1
Nov 29, 2008 (2:22 pm)
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Hi Car_Man,
 
I have leased my last two BMWs after working with you and have made excellent deals each time as a direct result of your fantastic help. My lease is almost up and I am in need of the MFs and residuals for both the 2008 and 2009 328CI. Please let me know what rates you have for 12K/yr, 36 months term.
 
Thanks
David T
#2580 of 3200
2009 335 Convertible Lease by dbman
Nov 30, 2008 (8:02 pm)
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Anyone have current MF and residual on a 2009 335 convertible 3 yr/ 36k lease? Ended up ordering a 2009 because I couldn't find a stick. Being told residual is 59%. Buy rate MF of .0020 but the dealership is quoting .0026 but may come down to .0024. Does that sound right? Should I be demanding .0020? New to forum and to leasing. Have learned a lot from you all. Thanks!
#2581 of 3200
Re: 2009 335 coupe ?s [caresq] by Car_man HOST
Dec 01, 2008 (2:56 am)
Reply

Replying to: caresq (Nov 25, 2008 12:53 pm)

Here's the information that you're looking for, caresq. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 2008 335i Coupe with 15,000 miles per year are .00170 and 54%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2582 of 3200
Re: Carman! Help please: Lease terms for 2009 335i coupe [yachtsrus] by Car_man HOST
Dec 01, 2008 (3:21 am)
Reply

Replying to: yachtsrus (Nov 25, 2008 4:00 pm)

Hi yachtsrus. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 335i Coupe with 15,000 miles per year are .00170 and 59%, respectively. The numbers for an otherwise identical 36 month lease are .00170 and 54%. As you can see, the dealer that you are working with is attempting to mark your car's money factor up in an attempt to add hidden profit to your deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2583 of 3200
Re: 328CI 2008 and 2009 [davidt1] by Car_man HOST
Dec 01, 2008 (3:32 am)
Reply

Replying to: davidt1 (Nov 29, 2008 2:22 pm)

Welcome back, David. Here's the information that you're looking for. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 328i Coupe with 12,000 miles per year are .00140 and 57%, respectively. The numbers for an otherwise identical lease of an '09 model are .00175 and 61%.
 
If BMW makes any enhancements to its December lease program, it will likely happen when it publishes its November sales figures tomorrow afternoon. I'll keep my ear to the ground for anything new. Feel free to check back with me in a day or two for an update.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2584 of 3200
Re: 2009 335 Convertible Lease [dbman] by Car_man HOST
Dec 01, 2008 (3:45 am)
Reply

Replying to: dbman (Nov 30, 2008 8:02 pm)

Here you go, dbman. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Convertible with 12,000 miles per year are .00200 and 59%, respectively. Given how weak the market is for light vehicles, I personally would never let a dealer mark my car's money factor up right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2585 of 3200
question 328 coupe base / lease by tennis_rus
Dec 02, 2008 (11:22 am)
Reply
Hi,
 
I am looking to lease 09 328i coupe, 15k miles a year for 3 years...basic paint and leatherette and sirius radio only...
 
i have been offered: negotiated price $37105, residual $23036,MF .00195
 
with 3k down , dealer offers $568 ... is it a good deal? what is a good deal for this car with 3k down ?
 
according to leaseguide.com it should be $444 including tax... does it seem right?
 
thank you so much for your help !
#2586 of 3200
December Lease Terms by kawakibi
Dec 02, 2008 (10:21 pm)
Reply
Looking to lease 2009 328i 4dr Sedan.
Dealer said nothing has changed from Nov to Dec as far as lease rates.
 
I found this for Nov on the net:
2009 BMW 328i Sedan
24 Month – Residual 68% of MSRP – .00150 Base Rate
36 Month – Residual 60% of MSRP – .00150 Base Rate
48 Month – Residual 42% of MSRP – .00285 Base Rate
60 Month – Residual 35% of MSRP – .00285 Base Rate
 
Do the above rates still hold true? The dealer wants to give me a lease with a .00175 MF for 36/mth. I think they are trying to mark up on MF.
 
Also, will anything change mid month? Another dealer said rates change Dec12.
 
THANKS!
#2587 of 3200
Re: December Lease Terms [kawakibi] by Car_man HOST
Dec 03, 2008 (4:37 am)
Reply

Replying to: kawakibi (Dec 02, 2008 10:21 pm)

Hi kawakibi. BMW Financial Services' November buy rate lease money factor for the 2009 328i was indeed .00150 in November. This lease program was scheduled to run through the end of the year and I have not heard about BMW making any unscheduled enhancements yet. I'll make some calls to double check that it didn't increase its support after it reported yesterday's horrible 36% drop in sales for the month of November. Please feel free to check back with me later this week and I'll let you know if anything has changed.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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