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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3224 messages, Last post on Dec 07, 2009 at 2:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: diegoelvis (May 20, 2009 7:53 pm) The numbers for an otherwise identical lease of a 2009 328i Coupe are .00150 and 58%. When negotiating your lease on these cars, make sure to take advantage of the $1,260 free option credit that's available on the sedan and $1,000 cash incentive that's available on both the sedan and the coupe. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: rez2 (May 21, 2009 4:19 pm) BMW Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2009 328i Convertible with 10,000 miles per year are .00180 and 61%, respectively. The numbers for an otherwise identical 42 month lease are .00180 and 55%. BMW FS charges a $725 acquisition fee on every vehicle that it leases. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: marknog1 (May 24, 2009 12:06 pm) Once you have this information, call, e-mail, or visit several dealers in person and see which one wants your business the most. To me, the easiest way to negotiate a good deal on a leased vehicle is to negotiate the lowest possible selling price and then have the dealer that you are working with calculate your car's monthly payment using its buy rate lease money factor. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: mike141 (May 25, 2009 12:32 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: monkeyshift (May 31, 2009 8:10 pm) When negotiating your lease on this car, make sure to take advantage of the $1,000 cash incentive that is currently available on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: ericg40 (Jun 02, 2009 12:23 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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The best deal that I could find in my area(Virginia/Maryland) for 328 coupe automatic black on black premium package heated front seats ipod-usb adapter is $539.92/month for 36 months 12000miles/year with no down payment at leasing excpet for first month's payment and then I am left with 35 more payments. All taxes and fees are included in monthly payment. Does it sound a good deal... car_men can you provide your views. Thanks.
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Replying to: Car_man (Jun 04, 2009 2:23 am) Carman, Is this $1,260 still valid on the 328i and 335i sedan? I can't find any other mention of this and Edmunds doesn't show it as an incentive. The only thing they show is a $1,000 lease cash on the 328i and 335i sedan or coupe. I'd like to buy in June or July. Which of these incentives will still be valid?
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Carman- Another question - If the MSRP is $42,570 (with options) and the selling price is $40,016, where do I apply the $1,000 and the $1,260 within the Edmunds lease calculator? Do I add them and put them in "Customer Cash Rebate"?
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Sorry, new to this..still trying to understand the lease process... Anyways, once you've negotiated the selling price, is it assummed the dealer will give the the Money Factor and Residual that you've mentioned previously, or is that something they can bump upwards and then you have to make sure you negotiate down to figures such as the ones you've given us? Are these two factors also based on your credit score?
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