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Prices Paid: Buying & Leasing Experiences 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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First of all, thanks to everyone for the great info on these boards. I think I've collected most of what I need but wanted to double check and get any updates for December. I've put together a spreadsheet with the options (MSRP and invoice) for these cars, where I can just check them off and they add up to the total. The main variables are the money factor and residuals. What's the latest residual and money factors for (I'm in South Florida, not sure if that matters...): 2008: 328i, 36mo lease, 10k miles 335i, 36mo lease, 10k miles 2009: 328i, 36mo lease, 10k miles Thanks a lot!
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Howdy Edmunds Forums! I'm planning on ordering a 335xi before the end of the year and leasing it. First, thanks for the residuals and base rates, yall. Very helpful. This is my first Beamer (previously an Acura family), and I was thinking about taking European Delivery. From yalls experience, does taking European Delivery cut out your ability to negotiate?
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Replying to: Car_man (Dec 19, 2007 2:40 am) I have a 2007 328xi with $26600 lease buyout at the end of my lease in Feb, 2009. I was able to successfully negotiate a lease buyout of $21300 + they took care of my remaining 2 months payment. BMW FS will negotiate with you, but you have to do it thru a dealer. I went with the dealer I went with to do the lease originally... You should be able to negotiate a current buyout minus about 20 to 25%. Tell them you will walk away from the deal. Only thing is they do not have any good financing on 2007 BMW purchase. I financed thru my bank at about 5%. Hope you find this helpful...
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Replying to: sraga (Dec 28, 2008 5:31 pm) also, my car has low miles so maybe this is why they are no interested in giving me a break on the buyout price. |
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Replying to: AggieKnight (Dec 25, 2008 9:57 pm) 1) BMW motorcycles are referred to as Beemers. BMW cars are Bimmers. 2) Some dealers are very willing to work with you on ED cars. You need to look up the European invoice price and work up from that. Some stores are willing to do a deal for $500 - $1000 above European invoice. Yours may or may not be one of them. You may need to throw a fairly wide net. There's a board devoted entirely to BMW European Delivery. Go to the list of 3-series discussions, and I think you'll find it. You can save many thousands of dollars if you're willing to do your research & take possession of the car wherever you need to in order to get a good price. Good luck. |
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Thanks for all the great post. I just wanted to share a deal I have just closed. This is my first lease, so I was caught a little off guard by the mark-up in the lease finance in the end. This is in San Francisco bay area. MSRP: $41xxx Sales: $33xxx ( this is a demo car with ~4k miles ) 12k/yr, 36 mth lease, residual: 58% Acq: $925 ( the finance lady swore this is amount BMWFS charges them, not $725 ) MF: 0.00091 after 7 multiple deposits ( yea, the crazy markup, but after half day of negotiation, I found out too late, and was too tired to just walk out when most paper works are done ) down: first month, deposit, title.... so no cap cost reduction monthly: ~350/m + tax I think I did ok. I am pretty sure people can do better with all the new discount emails I am getting now from different dealers. Best of luck car buying in year end ! |
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My first post to this forum: I thought it was a good deal - let me know your thoughts... negotiated a lease on a 36-month/15k per year, 2009 328x sedan w/ non-metallic paint premium; nav; cold weather; ipod adaptor for $480 over edmunds invoice for this build of $39,535. Residual at 60%, mf .0015. Payment of $457 after cap cost reduction of $2k and following non cap-cost reducing fees: acquisition fee $725 (down from $925); reg fee: $75; 5% sales tax on $2k cap cost reduction: $100; doc fee: $295 (thought this was high); and first payment Total cash down: $3652; monthly payment $457 I've built an easy spreadsheet calc that you can use real time to negotiate - I'll post it if anyone can tell me how to post files... |
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Hi there, I just thought about this. Since the fed rate is down and I leased BMW 3Series on May of 2008 for 36mths (around 6%). I wonder if I can redo the lease contract to lower down my interest rate so I can have lower monthly payment. If I call BMW Financial services wil they re-negotatiate? Anyone done it before? Thanks for any advise, i appreciate it.
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Replying to: jun2 (Jan 02, 2009 9:20 am) No.. what would be their motivation? |
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Regarding the previous post....BMWFS is not going to re-negotiate any lease...not only do they have no motivation but that would open a real "can of worms"....The big question is what is BMWFS going to do on January 3, 2009...All the great financing ends on the 2nd....For whatever reason I couldn't pull the trigger by the 2nd and I'm anxious to see if I made a mistake. I know the remaining 08 3 series are really being discounted...BMW in Concord sent out an e-mail offerring to sell at $2500 under dealer invoice on remaining 08 3 series. I think BMW is going to have to offer some greater incentives on 08 335s...there are alot of those in dealer's inventory. That is a great car but priced a little too much above the 328s..
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