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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
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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!
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Replying to: kawakibi (Dec 02, 2008 10:21 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Dec 03, 2008 4:37 am) I am working with a dealer in Southern Cal on a 09' 328i Coupe and he is quoting a money factor of .00230 and from looking at this forum that is high. Is it supposed to be .00175 or .00150? It is a 36 month lease with 15k in miles. Thanks for any help. Travis
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Replying to: Car_man (Dec 01, 2008 3:32 am) I am sorry, I meant to have you look at the convertable (328CIC)12K/ 36 month. Sounds like BMW sales really crashed in Nov....any update on the rates? Thanks David T
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host do you think its better to wait until after the new years to lease or end of December considering the drop in sales and bad economy? so far i got msrp 51,xxx price to lease-49,100 (1000 above invoice) Mf- .00200 ( first security deposit) residual- 60% 12/year down-first month and security deposit monthly payment- 747.xx should i shoot for 500 above invoice? and should i wait for maybe a money factor drop?
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could you please tell me if this is a good deal? The lease quote below is in regards to a 2009 328i Coupe with the following options: -STEPTRONIC Automatic Transmission -Satellite Radio Below you will find the information you requested: Year 2009 Model 328i Coupe Stock # (Order Item) MSRP $39,045 Months 36 Miles 15,000 per year Payment $471/month + Tax Total Due Upfront $3,000 Total Internet Savings $3,079 |
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Here is a deal I am trying to get, what do you think? Can I improve on this? I know they put a whopping $599 dealer fee on it, but I am getting the car basically at invoice for a 2009 with Premium/Comfort Keyless/Ipod/Intergration. MSRP $39,950 Invoice $36,820 Sale Price $36,900 Down Payment $0.00 Term 36/12K Money Factor 0.0015 Residual % 62% Local Sales Tax 7% Deposit $400.00 Bank Fee $625.00 Doc Fee $135.40 DMV Fee $197.00 Dealer Fee $599.00 Net Cap Cost $36,900.00 Residual Value $24,769.00 Total Taxes on Lease Loan $1,082.28 Total Taxes on Down Payment $0.00 Depreciation $336.97 Finance $92.50 Taxes $30.06 Due at Signing $2,453.42 Monthly Payment $429.48 Monthly Payment + Tax $459.54 |
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Anyone, have pricing and money factor examples from Southern California? I was given a money factor of .00230 on a 2009 328i Coupe and from this board it seems that is high. 2009 BMW 328i Coupe 24 Month – Residual 64% of MSRP – .00175 Base Rate 36 Month – Residual 59% of MSRP – .00175 Base Rate 48 Month – Residual 40% of MSRP – .00285 Base Rate 60 Month – Residual 33% of MSRP – .00285 Base Rate How do you tell the sales person hey I know the BMWFS base rates are .00175 and at .00230 you guys are loading up the profit. Should I ask for .00175 or is that unreasonable and if so what is reasonable? Also, they gave me a price $500 off invoice.
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Hosts, I am looking at leasing a 2009 328i or 335i Sedan and am being quoted the following MF's and residuals: 328i - MF - 0.0019 / Residual - 60% 335i - MF - 0.00215 / Residual - 60% Some of the recent posts indicate that the MF should be lower? Could you please verify. Also I am currently being quoted a price of $41,400 on a 328i sedan (MSRP $44345, Invoice $40820). What do you think of this price? I am located in the DC metro area. Thanks. |
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To add on to my previous post, I am planning on paying the security deposit (which I believe lowers the money factor). Could you please provide the appropriate MF's with this in mind. Thanks. |
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