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BMW 3-Series Lease Questions

3218 messages,  Last post on Dec 03, 2009 at 7:31 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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#2924 of 3218 Re: BMW 3 Series Lease? [bgballin999] by Car_man HOST Jul 13, 2009 (2:55 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#2925 of 3218 335i - What do you think CarMan? by bmwshopper79 Jul 13, 2009 (12:27 pm)
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) Replies to this message: Car_man (Jul 14, 2009 2:16 am) crocodiletears (Jul 14, 2009 7:44 am)
#2926 of 3218 Re: 335i deal [bmwluver2000] by Car_man HOST Jul 14, 2009 (1:45 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#2927 of 3218 Re: Confused [aht] by Car_man HOST Jul 14, 2009 (2:03 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#2928 of 3218 Re: Leasing a 335i coupe [rjg001] by Car_man HOST Jul 14, 2009 (2:07 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#2929 of 3218 Re: July 335i lease numbers [texashoser] by Car_man HOST Jul 14, 2009 (2:13 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: ctm1 (Jul 29, 2009 2:16 pm) crocodiletears (Jul 31, 2009 11:06 am)
#2930 of 3218 Re: 335i - What do you think CarMan? [bmwshopper79] by Car_man HOST Jul 14, 2009 (2:16 am)
Replying to: bmwshopper79 (Jul 13, 2009 12:27 pm) Hi bmwshopper79. This deal is remarkably similar to a deal that a community member named bmwluver2000 just posted. Are you two the same people? Here's what I said to 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 Host Prices Paid: Buying & Leasing Experiences Forum
#2931 of 3218 Re: 36 month lease [Car_man] by crocodiletears Jul 14, 2009 (7:03 am)
Replying to: Car_man (Jul 13, 2009 2:53 am) why is bmw quoting me .00165 on the money factor when it's posted at .00150?   right now most dealers are holding firm on 3k off of msrp on a 44.5 to 45k 328i coupe. my monthly on a 36 month 36k lease is around 588 including ca tax with 1290 drive off. what can i do to get them to drop about another one thousand? Replies to this message: BeamerMan (Jul 14, 2009 8:56 am) Car_man (Aug 03, 2009 2:40 am)
#2932 of 3218 Re: 335i - What do you think CarMan? [bmwshopper79] by crocodiletears Jul 14, 2009 (7:44 am)
Replying to: bmwshopper79 (Jul 13, 2009 12:27 pm) you shouldn't have to pay security deposit.
#2933 of 3218 Re: 36 month lease [crocodiletears] by BeamerMan Jul 14, 2009 (8:56 am)
Replying to: crocodiletears (Jul 14, 2009 7:03 am) Hi there I am curious what the amount of Calif. tax is included in that 588.00 payment, thanks.

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