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BMW 3-Series Lease Questions

3180 messages, Last post on Nov 07, 2009 at 3:34 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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I am new to leasing but i can not get any advice here, no host replies... Please let me know if if this seems like a good lease deal: 328 i coupe , 09 MSRP 39045, MF .00175 residual 59 %, (dealer fees at inception $1300, $1700 cap cost reduction), total down $3000 offered payment $477 + tax in MD |
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Thanks to everyone else for sharing their quotes. I wanted to share mine, since you have all been a help to me. 2009 335xi sedan: Premium, Cold, Auto, Comfort Access, Nav, Sat Radio, PDC, Rubber Mats, Montego Blue Lease: 36 months, 10k/yr Money Factor: .00175 Residual: 63% MSRP: $52,335 Invoice on Edmunds: $48,085 Dealer claimed invoice price: $48,600 TMV: $51,426 Cap Cost: $48,950 Cap Cost Reduction: $0 Bank Fee: $725 NYS tire recycling fee: $12.50 Tax on fees: $53.47 First month: $588.70 Sales Tax: $1,563 Registration and Inspection: $55 Totals: $2,997.67 up front $588.70 monthly |
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Hello. Can someone give me some insight for this current lease offer that I have received: This is for a 2008 328xi it was used as a dealer loaner and has approx. 6K miles. the lease term is 36 months, 15K per year monaco blue/tan leather premium package cold weather steptronic auto ipod MSRP: 41,325 Dealer invoice: 38485 (based on wholesale) Offered sale price - 35,325 money factor - .00130 residual - 56% due at signing: 1500 monthly payment - 489 (including 7% sales tax) i have not yet received the details on any additional charges, i know the destination was quoted at 775 though. please let me know your thoughts. thanks in advance
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Great forum here, guys... Thanks for your input.... I got a quote on a 2009 BMW 335i sedan with auto trans, premium package with the following details: MSRP of 45,450.00 Cap. cost: 42268.50 (7 % discount) residual : 60% money factor: .00215 36 month, 15,0000 miles/ acquisition fee: 525. dealer fee 599. Zero money down First month payment and tag transfer fee due upfront $873. Lease payment quoted $611 plus sales tax Question #1.... Is this the best money factor available? Question #2.... Is this calculated properly or have they hidden some BS charges into the lease? I checked a leasing calculator at http://www.leaseguide.com/calc.htm and the numbers don't jive to me.... I appreciate the feedback, as I will do a deal tomorrow with someone....
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