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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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#2617 of 3200
Re: [kyfdx] by tennis_rus
Dec 15, 2008 (10:15 am)
Reply

Replying to: kyfdx (Dec 14, 2008 5:02 am)

in three years I will drive 45k and turn the car back in.... the most important part for me is the payment around $450.... if I were to buy that car and pay the taxes I would have to put around 12k down to make payment around $450
 
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?
#2618 of 3200
2008 335i sedan - lease advice by dt78
Dec 16, 2008 (12:23 pm)
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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.
#2619 of 3200
Re: 328CI 2008 and 2009 [Car_man] by davidt1
Dec 16, 2008 (3:13 pm)
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Replying to: Car_man (Dec 01, 2008 3:32 am)

Car_man,
 
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
#2620 of 3200
2009 328i sports wagon by bcampbell001
Dec 16, 2008 (8:23 pm)
Reply
Well it's that time again, haven't been around for about 36 months If car_man or any other forum member can assist, that would be great. I searched through many pages, however I couldn't find MF and Residual for the 2 variations of the same car below
 
'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
#2621 of 3200
Re: December Lease Terms [Travis_Y] by Car_man HOST
Dec 17, 2008 (4:01 am)
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Replying to: Travis_Y (Dec 03, 2008 11:34 am)

Hi Travis. BMW Financial Services' current buy rate lease money factor for the 2009 328i Coupe is .00175 for returning BMW FS customers and new ones that pay a security deposit at lease signing. If the dealer that you are working with tries to charge you anything other than this, they likely are marking up your car's factor to add additional back-end profit to your deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2622 of 3200
Re: 328CI 2008 and 2009 [davidt1] by Car_man HOST
Dec 17, 2008 (4:03 am)
Reply

Replying to: davidt1 (Dec 03, 2008 6:10 pm)

Yep David, just about everyone's sales have really fallen off of a cliff over the past two months. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 328i Convertible with 12,000 miles per year are .00200 and 61%, respectively. The numbers for an otherwise identical 2008 model are .00175 and 58%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2623 of 3200
Re: question about leasing 09 335i [goldenmeeko] by Car_man HOST
Dec 17, 2008 (4:29 am)
Reply

Replying to: goldenmeeko (Dec 04, 2008 1:11 am)

Hi goldenmeeko. Typically manufacturers and dealers make a big push at the end of the year to squeeze every last sale into their annual total. This makes December a great time to purchase a new vehicle. It is difficult to say what BMW's lease program for the 335i will look like in January. If auto sales stay as bad as they are it certainly is possible that BMW would enhance its lease program...but there certainly is no guarantee that it will.
 
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
#2624 of 3200
Re: 2009 328i sports wagon [bcampbell001] by cdnpinhead
Dec 17, 2008 (7:09 am)
Reply

Replying to: bcampbell001 (Dec 16, 2008 8:23 pm)

In the "go to msg #" box, put in 2137 & have a look. Some of what's there is outdated (the $625 fee is now $725, for example), but it may help you. The most important thing there is how to find the lease MFs & residuals on Bimmerfest.
 
For either car you're interested in (328 wagon) the MF is 0.002 and the residual is 58% for 36 months & 15K miles. Go all the way to the bottom, and there's other useful stuff -- formulas, definitions, etc.
 
I used to be interested in a wagon also, and I see it's still the same -- the wagon has the highest MF and lowest residual of any of the 328s. The sedan and coupe have better numbers, but I wanted a wagon.
 
Good luck.
#2625 of 3200
Re: 09 BMW 335i Sedan Lease [ichochochooseu] by Car_man HOST
Dec 17, 2008 (5:38 pm)
Reply

Replying to: ichochochooseu (Dec 12, 2008 1:57 pm)

Hi ichochochooseu. When you said that this car's money factor is 2.3%, did you mean .00230? If so, the dealer is marking your car's factor up to add additional hidden back-end profit to your deal. BMW Financial Services' current buy rate lease money factor for the '09 335i is only .00175.
 
As far as this car's selling price goes, a base 2009 335i has a spread of around $3,200 between its full MSRP and its dealer invoice price. You are only being given a $1,400 dealer discount on this car. I personally would want a larger discount than that. Make sure to stop by the "BMW 3-Series Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars lately.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2626 of 3200
Re: 2008 335i sedan - lease advice [dt78] by Car_man HOST
Dec 17, 2008 (5:56 pm)
Reply

Replying to: dt78 (Dec 16, 2008 12:23 pm)

Hi dt78. Here is BMW Financial Services' December program for this car:
 
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 36% of MSRP – .00280 Base Rate
60 Month – Residual 30% of MSRP – .00280 Base Rate
 
Given the dealer credit for a free automatic transmission that BMW is currently providing and how late it is in the model year, I don't see why you wouldn't be able to get this car or a little below at dealer invoice, but not five grand under. Make sure to stop by the "BMW 3-Series Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars lately.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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