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BMW 3-Series Lease Questions

3218 messages,  Last post on Dec 03, 2009 at 7:31 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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#2688 of 3218
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 3218
Re: January lease programs vs. december [peteynorge] by Car_man HOST
Jan 29, 2009 (3:44 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#2690 of 3218
Re: 335 lease. What do I need to know? [lamanc] by Car_man HOST
Jan 29, 2009 (3:54 am)
Reply

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 3218
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
#2692 of 3218
Re: Current MF and Residual for 328i Sportwagon [gone4aride] by Car_man HOST
Jan 29, 2009 (4:10 am)
Reply

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

Here you go, gone4aride. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 BMW 328i Sport Wagon with 12,000 miles per year are .00215 and 57%, respectively. The money factor for a lease with only 10,000 miles per year is the same, but its residual value is 1% higher.
 
When negotiating your lease on this car, make sure to take advantage of the newly introduced $1,500 cash incentive on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2693 of 3218
Re: 2009 328i rebate [Car_man] by ledgem81
Jan 29, 2009 (9:28 am)
Reply

Replying to: Car_man (Jan 29, 2009 4:07 am)

I'm reading all over the place about the new incentive. I ordered a 328xi Coupe and it is on its way to the States. I put down a $500 deposit, but I am curious if I can somehow still take advantage of this incentive? I highly highly doubt I can, but I still thought I'd ask.
#2694 of 3218
Re: 2009 328i rebate [ledgem81] by kyfdx HOST
Jan 29, 2009 (9:31 am)
Reply

Replying to: ledgem81 (Jan 29, 2009 9:28 am)

Sold orders don't qualify..
 
Only unsold dealer stock...
 
regards,
kyfdx
#2695 of 3218
Current CPO deals and expectations? by tmchow
Jan 29, 2009 (10:50 am)
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I've been on the lookout in the past for a good lease deal on a fully loaded 335i Coupe, but the current deals aren't as good as I expected. So now, I"m considering a CPO.
 
The guy responsible for web sales has been emailing me and has a 2008 fully loaded 335i Coupe in White, listed at $43k. He says there are no deals through BMWFS at all right now, which I found surprising given my friend just bought out his e46 M3 at the end of his lease term last month and got 1.9% financing and they dropped his residual down by $7k.
 
Anyone have any information on (a) how much room I could negotiate these days on a CPO and (b) any BMWFS financing deals on CPO?
#2696 of 3218
Re: 2006 330i Sports Package Lease End Question [desi1] by bvdj84
Jan 30, 2009 (7:55 am)
Reply

Replying to: desi1 (Jan 27, 2009 12:10 pm)

I wouldn't buy new tires for it. Its a lease. You should have enough turn in damage lee way to not get too hurt by it. The tires should last the whole lease, depending on driving. Premature wear. BMW might have different policies. But, I have never bought new tires for a leased car, but then again I have never kept it long enough either...lol.
 
Let us know what happens, and what new car you get.
#2697 of 3218
Re: 2006 330i Sports Package Lease End Question [desi1] by kyfdx HOST
Jan 30, 2009 (8:00 am)
Reply

Replying to: desi1 (Jan 27, 2009 12:10 pm)

I think the charge for worn-out tires on a 3-series is either $150 or $200 each.. Your dealer can tell you...
 
If your tires will last until the end of the lease, it will probably be cheaper to just pay the penalty, rather than buy new ones, after accounting for mounting/balancing..
 
Plus, you might get lucky and only get assessed for two tires, instead of four....
 
Ignore this advice if your tires are dangerously worn now..

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