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BMW 3-Series Lease Questions

3212 messages,  Last post on Dec 03, 2009 at 3:17 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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#2682 of 3212
2009 328i rebate by joesao
Jan 27, 2009 (9:31 am)
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I just heard of a new $1,500 rebate on 2009 328i's that are in stock. I knew some sort of "stimulus" from the mother ship would come because BMW has piling inventories across the US. Any other news out there? Has the MF or residual been changed for February? Is it expected to change, in addition to this rebate? Thanks.
#2683 of 3212
2006 330i Sports Package Lease End Question by desi1
Jan 27, 2009 (12:10 pm)
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Hello,
 
My 36-month, 36,000-mile lease will be up in July this year. During a recent service, I learned that my rear Bridgestone Potenzas are worn out and will need to be replaced (almost 28,000 miles). Front are borderline and per the dealer would likely carry me through for another 3-4K miles, which I will end up driving until July.
 
Should I get the dealer to replace them? I shopped around (Toledo, OH) and there isn't much difference in prices compared to other local tire shops.
 
Are used tires available? I just feel bad and don't want to replace them with new, just to turn around and return the car.
 
Any other options or suggestions would be appreciated.
 
Thank you and have a great day.
#2684 of 3212
Re: 2006 330i Sports Package Lease End Question [desi1] by jak51
Jan 27, 2009 (12:33 pm)
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Replying to: desi1 (Jan 27, 2009 12:10 pm)

Well you may be able to replace them with used but good luck finding some that would satisfy BMW upon lease return.
 
I would go to tirerack.com and look up your tires. From what I saw there your OEM tires are quite expensive. They have many different brands that are available and you don't have to put the same brand on the vehicle just the same size. You could find the cheapest new tires and put them on because if you let the dealer replace them to meet the lease turn in requirements they will be no such thing as inexpensive.
#2685 of 3212
Current MF and Residual for 328i Sportwagon by gone4aride
Jan 27, 2009 (4:39 pm)
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Hello,
 
Could someone please tell me what the current BMWFS MF and residuals are for 36 month, 36,000 mile and 30,000 mile leases on an 09 328i Sportwagon?
 
Thank you.
#2686 of 3212
Re: Current MF and Residual for 328i Sportwagon [gone4aride] by cdnpinhead
Jan 27, 2009 (5:58 pm)
Reply

Replying to: gone4aride (Jan 27, 2009 4:39 pm)

You have two choices:
 
1) Go to message #2137 in this discussion and follow the suggestions
 
2) Wait for CarMan to answer your questions
 
One's quicker than the other.
 
Good luck.
#2687 of 3212
Re: 2006 330i Sports Package Lease End Question [jak51] by desi1
Jan 28, 2009 (4:51 am)
Reply

Replying to: jak51 (Jan 27, 2009 12:33 pm)

Thanks Jak51.
 
I looked at tirerack.com per your suggestions and saw other cheaper options; however, they did not indicate that they were RFTs.
 
I vaguely remember that all 4 tires need to match, so if I replaced the rear ones with non-RFTs and with a different brand name tires, would that cause problems at lease-end?
#2688 of 3212
Re: 2006 330i Sports Package Lease End Question [desi1] by jak51
Jan 28, 2009 (7:58 am)
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Replying to: desi1 (Jan 28, 2009 4:51 am)

desi1,
 
The tires were probably not run flat as you stated. It does show at the tirerack site if the tires are run flat or not for each tire. The print is kind of tiny but it is there. I would call BMW financial direct and find out if they have to be run flats. I have the feeling that they probably are going to have to be but I would want to get that information directly from BMW.
 
Unfortunately this is one of the downsides to leasing regarding the tires. Those OEM tires on that BMW do not have a long tread life and they are expensive. It might be cheaper to find a inexpensive brand of run flats where you can replace all four and be still be money ahead?
 
Anyway call BMW financial and get the low down directly from them.
#2689 of 3212
Re: January lease programs vs. december [peteynorge] by Car_man HOST
Jan 29, 2009 (3:44 am)
Reply

Replying to: peteynorge (Jan 15, 2009 2:52 pm)

Hi peteynorge. While BMW Financial Services' lease program for the 3-Series is scheduled to run through March 2nd, BMW did just make an unscheduled enhancement to its program. It introduced a $1,500 cash incentive on deals that are run through BMW FS. Make sure to take this cash into account when negotiating your car's selling price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2690 of 3212
Re: 335 lease. What do I need to know? [lamanc] by Car_man HOST
Jan 29, 2009 (3:54 am)
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Replying to: lamanc (Jan 21, 2009 10:41 pm)

Hi lamanc. The best way to get a good deal on a lease is to focus on dealers' two main profit centers, your vehicle's selling price and the money factor that is being used to calculate its monthly payment. If these things are attractive you are likely getting as good a deal as possible.
 
The selling price of leased vehicles are negotiable, just as if you were paying cash for or financing them. BMW just introduced a $1,500 cash incentive on leases of '09 3-Series models. After taking this cash into account, you should be able to negotiate a selling price that's below dealer invoice. You can look up the invoice price of the exact car that you want over in the New Vehicle Pricing section of this site.
 
Once you have arrived at a selling price that you are happy with, have the dealer calculate your car's monthly payment using its buy rate lease money factor. BMW Financial Services' current buy rate for a 36 month lease of an '09 335i Sedan is .00200.
 
One more thing. Make sure to pay attention to the acquisition fee that the dealer tacks onto your deal. BMW dealers are notorious for marking this fee up. The base fee is $725.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2691 of 3212
Re: 2009 328i rebate [joesao] by Car_man HOST
Jan 29, 2009 (4:07 am)
Reply

Replying to: joesao (Jan 27, 2009 9:31 am)

Hi joesao. What you heard is correct. BMW added $1,500 on the 3-Series a few days ago. I believe that its lease money factors and residuals remained the same. They are scheduled to run through March 2nd, but I suppose that it is possible BMW might change them in February.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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