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BMW 3-Series Lease Questions

3200 messages,  Last post on Nov 25, 2009 at 7:08 AM

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


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#2920 of 3200
July 335i lease numbers by texashoser
Jul 07, 2009 (6:11 am)
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Anyone have updated leasing info and incentives for July? Dealer in Austin quoted me 58% residual for 12k on a 335i premium/sport package. But the money factor is terrible at .00265 (6.34%). Other than the 'free' auto trans, there appear to be no lease cash offers and no sales tax credits at this time. Sales tax credits are very useful in Texas as we have to pay the sales tax on the entire sales price of the vehicle.
#2921 of 3200
Re: July 335i lease numbers [texashoser] by rjg001
Jul 07, 2009 (2:32 pm)
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Replying to: texashoser (Jul 07, 2009 6:11 am)

July lease numbers can be found here:
 
http://www.e90post.com/forums/showthread.php?t=279671
 
Bmwusa.com is still showing a $1,000 cash incentive on 3 series leases. I'm probably going to buy this time around with 1.9% financing available.
#2922 of 3200
Re: July 335i lease numbers [rjg001] by texashoser
Jul 08, 2009 (7:35 am)
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Replying to: rjg001 (Jul 07, 2009 2:32 pm)

Thanks. It appears the dealer here in Austin is giving me the money factor for a 48 month lease... Also, I see now the $1,000 lease cash. Just a couple of days ago, their lease special was showing a free auto transmission.
#2923 of 3200
Re: 36 month lease [tracknu] by Car_man HOST
Jul 13, 2009 (2:53 am)
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Replying to: tracknu (Jul 02, 2009 10:07 am)

Hi tracknu. BMW is providing support on two year leases of this car...but a two year lease will still have a much higher monthly payment than a three year lease. Here's why. New vehicle's experience their most rapid drop in value during the first year of ownership. A 36 month lease gives lessees 12 more monthly payments to spread this initial depreciation hit out over.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2924 of 3200
Re: BMW 3 Series Lease? [bgballin999] by Car_man HOST
Jul 13, 2009 (2:55 am)
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Replying to: bgballin999 (Jul 02, 2009 10:16 am)

Hi bgballin999. I would be happy to work up a sample lease payment on the car that you are interested in for you if you provide me with its full MSRP and its approximate selling price (or at least its dealer invoice price). The pricing data that I asked for is available in the New Vehicle Pricing section of Edmunds.com. Let me know and I'll crunch some numbers.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2925 of 3200
335i - What do you think CarMan? by bmwshopper79
Jul 13, 2009 (12:27 pm)
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Hi Carman,
 
I have this current quote on the 335. Do you think I can do better?
  
2009 335i Sedan
MSRP: $48,375
Cap Cost: $43,855 ( Option Credit of $1,260 applied)
Invoice : $44,455
TMV: $45,400
  
Seems to me after taking out the $1,260 credit, I'm about $660 over invoice. Is this good or should I be closer or below invoice pre-$1,260 credit?
 
36 months
12,000 miles/year
Residual: 58% or $28,057.50
MF: .00225
Option Credit: $1,260
Lease Rebate : $1,000
   
Total Inception fees: $2833.26 - $1,000 (lease rebate) = Final driveoff $1833.41 includes $700 security deposit.
  
I'm not paying any cap costs upfront, just inception fees.
725 Acquisition fee
45 plus tax Doc Fee
659 First month
700 deposit
630 plus tax Registration/License
   
Monthly payment: 600.72 plus tax=$659.18 (9.75% CA tax)
#2926 of 3200
Re: 335i deal [bmwluver2000] by Car_man HOST
Jul 14, 2009 (1:45 am)
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Replying to: bmwluver2000 (Jul 02, 2009 2:14 pm)

Hi bmwluver2000. $660 over dealer invoice plus the use of BMW FS' buy rate lease money factor and no acquisition fee mark-up is a pretty good deal on this car. I particularly like how the dealer wasn't trying to pull one over on you by marking up everything under the sun to add hidden profit to your deal. If you like the car, I personally don't see any reason not to go for it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2927 of 3200
Re: Confused [aht] by Car_man HOST
Jul 14, 2009 (2:03 am)
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Replying to: aht (Jul 03, 2009 5:50 pm)

Hi aht. The $1,260 cash incentive that you've seen mentioned is an "option credit" that is being provided by BMW on the 328i Sedan. There is a larger $1,840 option credit on the 328i xDrive Sedan that you are interested in. I believe that this cash is to be used to provide free automatic transmissions on these vehicles. It is compatible with the $1,000 cash incentive on leases of these models.
 
The advertised payments that are mentioned on BMW's website are indeed real. They work out. Perhaps your calculations are off.
 
If I was in the market for this car, I personally would shoot for a selling price of $500 to $750 over dealer invoice minus the $2,840 in cash incentives. You can look up the invoice price for the exact model that you're interested in over in the New Vehicle Pricing section of this site.
 
Car_man
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#2928 of 3200
Re: Leasing a 335i coupe [rjg001] by Car_man HOST
Jul 14, 2009 (2:07 am)
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Replying to: rjg001 (Jul 03, 2009 6:39 pm)

Hi rjg001. Here's the information that you're looking for. You never mentioned how long you want to lease this car for or what mileage allowance you need, so for now I will have to make some assumptions. Let me know if you want something different. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Coupe with 15,000 miles per year are .00165 and 57%, respectively.
 
Since you aren't taking advantage of the free automatic transmission option credit, which actually isn't available on this trim level anyhow, the only cash incentive on this car right now is the $1,000 that you mentioned.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2929 of 3200
Re: July 335i lease numbers [texashoser] by Car_man HOST
Jul 14, 2009 (2:13 am)
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Replying to: texashoser (Jul 07, 2009 6:11 am)

Hello texashoser. The money factor that the dealer quoted you is too high. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2009 335i is only .00225. It appears as though the dealer that you are working with is attempting to mark your car's factor up to add additional hidden, back-end profit to your deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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