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BMW 3-Series Lease Questions

3217 messages,  Last post on Dec 03, 2009 at 3:49 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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#2700 of 3217
by outie
Feb 02, 2009 (9:21 am)
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Hi, I am interested in a leasing a M3 with European delivery. Does BMW use the current lease factors (say I am ordering 6mo ahead) or will it be determined at the time of pickup? Thanks.
#2701 of 3217
Re: Residual [cbp1] by banker2
Feb 02, 2009 (3:04 pm)
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Replying to: cbp1 (Feb 02, 2009 6:45 am)

At the inception of the lease, the residual is set by BMWFS and can't be negotiated. At the end of the lease, some financial institutions will negotiate the residual value if you want to buy the car, some won't. I've heard more often that they will not. At best, it is difficult to get to someone with the leasing co. who can even make that decision. The residual value is contained in a contract with the leasing company, so the dealer can't negotiate it - it has to be the leasing co. I just tried several times to negotiate the residual value at lease-end on an Infiniti, and was told no several times. It seems crazy-they will end up taking a bigger loss that way, because you end up turning the car in and they sell it at auction for thousands less than you might be willing to pay as a retail buyer and someone who knows the car. If you really like the car, I'd keep asking........in this economy they should be willing to listen.
#2702 of 3217
2009 335i Sedan MF and Residual by bdr127
Feb 09, 2009 (2:31 pm)
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I'm looking at leasing a new 2009 335i sedan and wondering what the MF and residual are for Pennsylvania, 36 months, 10k miles/yr.
 
I'm currently in a BMWFS lease, so I assume I get the security deposit waived... Is that right?
 
People have been talking on here about an incentive, and sometimes people say "328i" and sometimes they say "3-series". Could you please clarify if that applies to the 2009 335i?
 
Also, do you know how taxes are calculated on a lease in PA? This is my first lease in this state.
 
Thank you for your help!
#2703 of 3217
328xi Sedan MF/Residual by df2009
Feb 11, 2009 (11:30 am)
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Hi,
 
Looking for BMW FS' February MF and residual value for 328xi Sedan, 36 month lease, 12k miles/year.
Also is there any applicable incentives like 1500 they had back in January?
 
Thanks alot!
#2704 of 3217
Re: 328xi Sedan MF/Residual [df2009] by eights38
Feb 11, 2009 (12:09 pm)
Reply

Replying to: df2009 (Feb 11, 2009 11:30 am)

Hi df2009,
 
2008 BMW 328xi Sedan
24 Months - 10,000 Miles per Year - 62% Residual - 0.00115 Money Factor
27 Months - 10,000 Miles per Year - 60% Residual - 0.00115 Money Factor
30 Months - 10,000 Miles per Year - 59% Residual - 0.00115 Money Factor
36 Months - 10,000 Miles per Year - 57% Residual - 0.00115 Money Factor
39 Months - 10,000 Miles per Year - 52% Residual - 0.00115 Money Factor
42 Months - 10,000 Miles per Year - 48% Residual - 0.00115 Money Factor
* Subtract 1% from stated residual for 12,000 miles per year. Subtract 3% from stated residual for 15,000 miles per year.
* For loyal BMW customers, the money factor drops to 0.00085 and there is $1,000 in lease cash available. This program expires on 3/2/2009.

 
2009 BMW 328xi Sedan
24 Months - 10,000 Miles per Year - 67% Residual - 0.00175 Money Factor
27 Months - 10,000 Miles per Year - 64% Residual - 0.00175 Money Factor
30 Months - 10,000 Miles per Year - 63% Residual - 0.00175 Money Factor
36 Months - 10,000 Miles per Year - 60% Residual - 0.00175 Money Factor
39 Months - 10,000 Miles per Year - 55% Residual - 0.00175 Money Factor
42 Months - 10,000 Miles per Year - 51% Residual - 0.00175 Money Factor
* Subtract 1% from stated residual for 12,000 miles per year. Subtract 3% from stated residual for 15,000 miles per year.
* For loyal BMW customers, the money factor drops to 0.00145 and there is $1,000 in lease cash available. This program expires on 3/31/09.

 
Please let me know if you have any more questions.
 
Best,
Matt
eights38gmail.com
#2705 of 3217
Re: 328xi Sedan MF/Residual [eights38] by bdr127
Feb 12, 2009 (5:25 pm)
Reply

Replying to: eights38 (Feb 11, 2009 12:09 pm)

Any chance you have that same info for the 2009 335i sedan, eights38?
#2706 of 3217
Re: 328xi Sedan MF/Residual [bdr127] by eights38
Feb 13, 2009 (6:16 am)
Reply

Replying to: bdr127 (Feb 12, 2009 5:25 pm)

Good morning bdr127,
 
Please let me know if you have any more questions.
 
2009 BMW 335i Sedan
24 Months - 10,000 Miles per Year - 65% Residual - 0.00200 Money Factor
27 Months - 10,000 Miles per Year - 63% Residual - 0.00200 Money Factor
30 Months - 10,000 Miles per Year - 62% Residual - 0.00200 Money Factor
36 Months - 10,000 Miles per Year - 59% Residual - 0.00200 Money Factor
39 Months - 10,000 Miles per Year - 55% Residual - 0.00200 Money Factor
42 Months - 10,000 Miles per Year - 51% Residual - 0.00200 Money Factor
* Subtract 1% from stated residual for 12,000 miles per year. Subtract 3% from stated residual for 15,000 miles per year.
* For loyal BMW customers, the money factor drops to 0.00170 and there is $1,000 in lease cash available.

 
Best,
Matt
eights38gmail.com
#2707 of 3217
BMWFS rate lock policy by nkc
Feb 13, 2009 (3:12 pm)
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Does anyone know what the policy is for locking lease rates with BMWFS? I seem to remember that if you submitted your application online you were locked for 90 days. I am looking to order a car which means 3 months to delivery but the dealer is saying he can't guarantee my lease price because rates may change. Can anyone shed light on the real story?
 
thx much!
 
NKC.
#2708 of 3217
Re: BMWFS rate lock policy [nkc] by kyfdx HOST
Feb 14, 2009 (9:15 am)
Reply

Replying to: nkc (Feb 13, 2009 3:12 pm)

Usually... the lock is good for 60 days from the expiration date of the current program...
 
So.. for a car ordered this month, the lock would be good until the end of April..
 
I've heard that the West Coast has a 90 day lock from the expiration of the current month, but I'm not sure that is accurate for all programs..
 
It does take a little longer to get cars to the West Coast... But, no matter where you are, I'm surprised that your dealer doesn't think he can get your car delivered within the rate lock period. If you live in an area with more than one dealer, you might want to shop around for a more accomodating dealer.
 
regards,
kyfdx
#2709 of 3217
Invoice? by sluurrpee
Feb 14, 2009 (8:02 pm)
Reply
Looking for some input on the invoice price of a 328i coupe or any BMW for that matter. According to edmunds.com the invoice is $41,600 so I offered a sell price of $42,400, $150 less than the TMV per edmunds, to counter his offer of $43,450. The dealer repsonded saying I was asking for a price below invoice because of MACO, PDI and training fees. Is this true? Is there really $800+ in these fees above the invoice that edmunds reports or is the dealer trying to pull something? Thanks for the help.

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