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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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Replying to: tennis_rus (Dec 12, 2008 6:54 pm)
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Replying to: kyfdx (Dec 13, 2008 6:45 am)
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Replying to: tennis_rus (Dec 13, 2008 9:56 am) Of course, it makes less sense than if you were in a state where the total taxes were only $1100-1200.. But, it always helps to do the math... What is the residual amount on the car you are considering leasing, and what do you think you can actually get for that car in three years? Most BMWs have pretty high residuals, when comparing them to real-world trade-in values. If you only keep a BMW for three years, then you'll almost always come out ahead by leasing, even with your taxes.. But, if you are likely to keep the car for five years if you buy it, then the tax thing might sway me some... When doing your math, don't forget about the acquisition fee... you won't pay that if you are financing.. regards, kyfdx
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Replying to: kyfdx (Dec 14, 2008 5:02 am) The MSRP of the vehicle I am ordering is $39045 and they will be selling me the car at $36909.46. With taxes and MVA at $2418.57 plus $3000 my payment will be $460.30 per month for 36 months X 15,000 miles per year. 1st month payment is included. The MF is .00175 and the residual is 59%. so I spent 5.4 k drive off and have my payment where I want it........ or I am getting ripped off? |
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Based on a post I read in October, the lease rates on remaining 2008 335 sedans were: 2008 BMW 335i Sedan 24 Month – Residual 61% of MSRP – .00085 Base Rate 36 Month – Residual 56% of MSRP – .00085 Base Rate 48 Month – Residual 37% of MSRP – .00285 Base Rate 60 Month – Residual 31% of MSRP – .00285 Base Rate Does anyone know if these rates still apply in December, and if not, what the current rates are? Based on the above, a 36 month, 36,000 mile lease is a pretty sweet deal compared to a similarly priced 2009 335 sedan. I have the opportunity to do an early lease turn in on my current car, so leasing a 2008 3 series (if the numbers are right) is a definite option. My other question is whether or not I could realistically get a 2008 model sitting on the lot at or below invoice. Not sure if BMW is willing to slash prices to move 2008 inventory, and I have never leased or purchased a BMW, so I don't know if they are like other car companies who are giving customers $5K or more below invoice just to get cars off the lot. Any advice would be greatly appreciated.
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Replying to: Car_man (Dec 01, 2008 3:32 am) Can you please let me know what money factors and residuals are being offered by BMW FS for the 2009 328CI convertable? I am looking at a 12K/36 month term. Thanks David T
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Well it's that time again, haven't been around for about 36 months '09 328i Sports Wagon MSRP: 41,695 Sell: 39,385 36 / 15K lease Los Angeles Ca. - South Bay BMW or MSRP: 45,750 Sell: 43,075 36 / 15K Los Angeles, Ca - South Bay BMW Thanks in advance Brian
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Replying to: Travis_Y (Dec 03, 2008 11:34 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: davidt1 (Dec 03, 2008 6:10 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: goldenmeeko (Dec 04, 2008 1:11 am) If I was in an area that had a decent level of competition, I definitely would shoot for $500 over dealer invoice and see what happens, but it's tough to say whether BMW's January lease program will be better than its current one. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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