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BMW 3-Series Lease Questions

3201 messages, Last post on Nov 30, 2009 at 7:58 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: lamanc (Jan 21, 2009 10:41 pm) 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 |
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Replying to: joesao (Jan 27, 2009 9:31 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: gone4aride (Jan 27, 2009 4:39 pm) 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 |
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Replying to: Car_man (Jan 29, 2009 4:07 am)
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Replying to: ledgem81 (Jan 29, 2009 9:28 am) Only unsold dealer stock... regards, kyfdx |
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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? |
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Replying to: desi1 (Jan 27, 2009 12:10 pm) Let us know what happens, and what new car you get. |
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Replying to: desi1 (Jan 27, 2009 12:10 pm) 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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Can anyone provide the current money factor and residual value on a 2009 328i sedan?
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Is the residual shown in a lease "set in concrete" or is the amount negotiable? Is this something left up to the dealership or BMW mandated? The lease is up on my 2006 330i in a few months and I'm trying to decide whether to purchase or not. Thanks so much for the help.
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