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BMW 3-Series Lease Questions

3224 messages,  Last post on Dec 07, 2009 at 2:35 PM

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What is this discussion about? BMW, Car Leasing, Sedan, Wagon

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#2835 of 3224 BMW328 coupe lease by dong84 May 09, 2009 (8:29 am)
I got a deal from a dealer in MD.   MSRP-37300 Sale price-35000 Money factor -.00195 Residual-.60 36 month 12 k   Nothing down, and everything is rolled into a monthly payment.   $550 a month.   What do you think guys? please let me know, I will have to buy a car by next week becuaase I will be graduating and have to go to work now.!!   thanks,
#2836 of 3224 Re: 335i Lease price [stevenj815] by investor27 May 09, 2009 (8:34 am)
Replying to: stevenj815 (May 08, 2009 1:15 pm) You can't just get the sports steering wheels w/Paddle shifters without getting the Sports Package.
#2837 of 3224 May 335xi Sedan Lease Deal by investor27 May 09, 2009 (3:58 pm)
Hi Car_Man,   I just saw this deal listed on Edmunds.com's BMW incentive section:   Leasing There may be other leases available. Contact a local dealer for more information. Start: 04/01/2009 End: 05/31/2009   $559 Monthly Payment Calculate Other Monthly Payments 36 Month Term $3500 Down Payment $600 Security Deposit 10000 Annual Mileage   Restrictions Lease based on 2009 335i xDrive Sedan with Automatic Transmission, Premium Package and MSRP $47,100 including destination charge. Actual price may vary. Dealer contribution may affect terms. See dealer for details. Comments $5,384 due at signing. Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.   My question is: does that advertised $559 includes taxes? It didn't say, "Lease a 09 335xi auto with Premium for $559 per month + tax...!" I just wanted to make sure, so that I don't think the dealership is cheating me when I come in and they tell me it's not $559 per month, but rather $620 per month because of taxes. Also if I wanted to change the deal to 12,000 instead of 10,000 will the special be off the table then, or will they just add $10 per month or so to the monthly payment? Thanks, Car_man. Replies to this message: Car_man (May 14, 2009 2:26 am)
#2838 of 3224 Re: Dealer Fee's on a lease [investor27] by Car_man HOST May 14, 2009 (1:40 am)
Replying to: investor27 (Apr 22, 2009 5:58 am) You're very welcome, investor27.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2839 of 3224 Re: Current 335 Sedan Leasing Money Factor and Residual [bocastephen] by Car_man HOST May 14, 2009 (1:42 am)
Replying to: bocastephen (Apr 28, 2009 4:18 pm) Here's the information that you're looking for, bocastephen. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Sedan with 12,000 miles per year are .0021558%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2840 of 3224 Re: Current 335 Sedan Leasing Money Factor and Residual [bocastephen] by Car_man HOST May 14, 2009 (2:01 am)
Replying to: bocastephen (Apr 30, 2009 9:26 am) Hey bocastephen. BMW's lease program is national. Even though the money factors and residual values do not vary from state to state theoretically one will be able to get a better deal on a leased vehicle in an area that has a large amount of competition than they would in an area that has only one BMW dealer because they will be able to negotiate a lower selling price in the more competitive area.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2841 of 3224 Re: New BMW Buer, Need Help!! [spliffnut] by Car_man HOST May 14, 2009 (2:10 am)
Replying to: spliffnut (May 06, 2009 10:21 am) Welcome spliffnut. You actually are missing the most important number, this car's selling price. The selling prices of leased vehicles are negotiable and they are a necessary component to calculate payments. For now, I will estimate what sort of selling price you will be able to get so that I can work up a payment for you.   The car that you described probably has a spread of around $3,500 or so between its full MSRP and its dealer invoice price. Add to that the $1,840 credit that dealers are receiving for a free automatic transmission on this car right now and you have a total of around $5,300 to play with during your negotiations. Let's say that you are able to get this car for $750 over invoice. That would amount to a discount of around $4,500 from its MSRP.   According to my calculations, if you were to lease a 2009 BMW 328xi that has an MSRP of $42,445 and a selling price of $37,945 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $527.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2842 of 3224 Re: '09 328i Coupe Lease Question [ldodb] by Car_man HOST May 14, 2009 (2:21 am)
Replying to: ldodb (May 07, 2009 7:13 am) Hi ldodb. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. The car that you described has a spread between its full MSRP and its dealer invoice price of around $3,350. For now, I will assume that you are able to get this car for $750 over invoice, or a discount of $2,600 from MSRP   According to my calculations, if you were to lease a 2009 BMW 328i Coupe that has an MSRP of $42,000 and a selling price of $39,845 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $520.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2843 of 3224 Re: May 335xi Sedan Lease Deal [investor27] by Car_man HOST May 14, 2009 (2:26 am)
Replying to: investor27 (May 09, 2009 3:58 pm) Hi investor27. Manufacturers' official advertised lease payments, which is what you saw here, never include sales tax. Not only does not including tax make the payment look better, but it actually makes sense because the method for calculating sales tax on vehicles varies from state to state while this is a national ad.   Savvy consumers who are in an area that has a decent level of competition are usually able to negotiate a better deal than manufacturers' official advertised leases. This makes sense if one thinks about it. Dealers would be pretty darn annoyed if their manufacturer went around advertising the skinniest possible deal on a vehicle. Shop around for the lowest possible selling price and then have the dealer that you go with calculate your car's payment using its buy rate lease money factor.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2844 of 3224 BMW 328i Coupe lease question by sean39 May 14, 2009 (6:49 pm)
Car_man & company,   I am considering leasing a new 328i coupe through BMW's current lease promo. I am trying to figure out how low I would need to get the MSRP on the car in order to get my payments to the mid 400's with tax. I am also hoping for an increase in mileage allowance.   Thier current promo is:  $429*/month for 36 months (Based in a 42K model)   • $429 First months payment • $3,150 Down payment • $450 Security Deposit • $725 Acquisition fee • $4,754 Cash due at signing   The 328 Coupe I would like to lease has an MSRP of $41,575.   Im not sure what thier current lease factors/numbers are or exactly how low I can expect to get the deal. Any assistance would be greatly appreciated.   Thanks in advance, Sean Replies to this message: Car_man (Jun 04, 2009 2:14 am)

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