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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3221 messages, Last post on Dec 06, 2009 at 1:34 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Guys, I was recently quoted an only 54% 3-year residual value and .003 money factor for a 2009 M3 lease...both sounded like BS to me, considering the terms posted by BMW on 335 leases and financing in general. Would much appreciate it if anyone can shed light, since I don't have any other way to verify these. Thanks!
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Hi Car Man, What are the current incentives available on an '09 328xi coupe with premium and automatic trans for a current bmwfs customer? From what I've read, it seems that the coupe's money factor is more favorable than the sedan's (.00135 vs. .00225). Using the following MSRP of 43,900 with an invoice of 40,465 and assuming I could get it for $500 over invoice (minus incentives), please give me an idea of what I might expect to pay monthly for a 24/15 or 36/15 lease with required $ down. My car isn't due back for another few months and they haven't offered me any sort of early lease return deal. Finally, is it true that I can request a refund for miles I haven't used on my current car? Thank you
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2009 335i manual M Package Premium Package Sport Package IPod, SAT Radio, Heated Seats MSRP: $50,970 Term: 36 months  15k miles a year Payment: $570 a month $3000 down, $2000 trade in Including fees it'll be about $5000 cash out the door for me. They said I'll be paying $500 over invoice. Is this a good deal? Thanks
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hi Car man I am new to this forum.currently, i am in the market for a 328i with 3 years leasing/10,000miles a year. got few quotes from dealers. the best one i got is following: MSRP 40,400 Invoice 37,723 selling price 36,600 $2,200 due at signing $450 + tax a month Is this a good deal? from previous posts, i found out that there is a option credit of $1260 to 328i. where can i find this info. i didnt see this on bmwusa.com. thank you
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$489 per mo 36 mos 10,000 miles per year MSRP $48,100.00 SAVE $3,690!Buy this Beautiful All Wheel Drive Coupe for only $45,410! Finished in Jet Black with Black Dakota Leather, this car is ready for you! Equipped with 230 Horespower Steptronic Automatic Transmission, Heated Seats, Navigation, Premium Package, Cold Weather Package, Sport Package, Paddle Shifters, Heated Steering Wheel, HD Radio, IPod/USB Adapter MSRP $48,100, Selling Price $45,410, Save $2,690 + $1000 Rebate, Total Savings $3,690 ~ 10,000 MPY / 36 MONTH - $1000 Down plus Upfront Fees. add that I saw that peaked my interest can anyone break it down in terms of how good/bad, or real? thanks |
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Replying to: Car_man (Jul 14, 2009 2:13 am)
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Replying to: rjg001 (Jul 07, 2009 2:32 pm) |
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Replying to: ctm1 (Jul 29, 2009 2:16 pm) my cap cost is nearly 5k more than yours but when money down is factored in, i pay 5 dollars more a month than you. then add the difference in allowable mileage which is approx 25 dollars. so my payment with all things being equal would be 30 dollars a month more than yours despite my cap cost being 5k higher. rule of thumb for every 1000 dollars negotiated it's about a 30 to 40 dollars a month difference in the lease depending on money factor and residual. so in my opinion you're paying over 100-120 more than you should be. when i see 38k for cap cost i'm thinking high 400s for your payment considering 15k a year.. this was my deal at mckenna in oc. msrp was 48.3 cap cost 43.4 drive off 1500-they gave me 1000 cash monthly payment 580 residual 61 percent 36 month 36k alpine white with coral red interior, dark burl walnut. sport, premium, cold weather, navi, sat radio, and steptronic |
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2 questions: 1) Am I getting a good price on the vehicle? 2) Am I getting a good lease? New 2009 BMW 3-SERIES 0946 2dr Conv 335i Includes: Metallic paint; Nav system; Premium Package; Sport Package; STEPTRONIC; Cold Weather Package; Comfort Access; iPod/USB; Sport Steering Wheel; Edmunds says TMV is $57,968 tho ignores paint at $500 cost to dealer. Cars.com target price is $58,065. I'm having the alarm installed which dealer wants $895 for. I've got dealer to $58,736.68. See lease details below. Looks like dealer is using .00220 for the MF (marked up from .00180). Lease info: ---------------- State: WA County: KING Lease Term: 36 Total Payment: 920.65 Out of Pocket: 4,270.90 MSRP: 60,150.00 Residual: 34,887.00 Mileage: 12,000 Federal Consumer Leasing Act Disclosures (REG-M) Amount due at lease signing (itemized below): 4,270.90 Total of Payments: 35,543.65 Customer State: Washington Customer County: KING Itemization of Payment Agreed Value: 58,736.68 a) Gross Capital Cost 58,736.68 b) Capital Cost Reduction -1,000.00 c) Adjusted Capital Cost 57,736.68 d) Residual 34,887.00 e) Depreciation Charge 22,849.68 f) Rent Charge 7,335.60 g) Total of base MP 30,185.28 h) Lease Term 36 i) Base MP 838.48 j) Monthly Tax 82.17 k) Personal Prop Tax 0.00 l) Excise Tax 0.00 m) Other Amounts 0.00 n) Total MP 920.65 Itemization of Gross Capital Cost a) Agreed Value: 58,736.68 b) AcquisitionFee 0.00 c) GAP Insurance 0.00 d) Document Fee 0.00 e) Warranty 0.00 f) Upfront Sales Tax 0.00 g) Service Tax 0.00 h) Cash Down Tax 0.00 i) Trade In Tax 0.00 j) Finance Tax 0.00 k) Tire Tax 0.00 l) Lic., Insp., Title, Reg. Fees 0.00 m) Other Fees 0.00 n) Total Capital Cost 58,736.68 Itemization of Amount Due at Signing a) Total Capital Cost Reduction 1,000.00 -Cap Reduction (Cash) 0.00 -Rebates 1,000.00 -Trade-In 0.00 b) Tax on Capital Cost Red. 98.00 c) First Monthly Payment 920.65 d) Last Monthly Payment(s) 0.00 e) Refundable Security Deposit 950.00 f) Acquisition Fee 925.00 g) Gap Insurance 0.00 h) Documentation Fee 0.00 i) Monthly Tax (Upfront) 0.00 j) Upfront Tax (not in Capital Cost) 0.00 k) Service Tax (not in Capital Cost) 0.00 l) Tire Tax (not in Capital Cost) 0.00 m) Lic., Insp., Title, Reg. Fees 227.25 n) Other Fees 150.00 o) Total Due at Signing 4,270.90 How the Amount Due at Signing will be Paid a) Net Trade-In Value 0.00 b) Rebates/Credits 1,000.00 c) Amount Paid in Cash 3,270.90 d) Total Due at Signing 4,270.90 Mileage Allowance The monthly payment and residual for this lease has been calculated using the following mileage allowance. You are allowed to drive 12,000 per year, 1,000 miles per month. If you exceed the mileage allowance for the lease term and do not purchase the Vehicle, you will pay 0.20 for each excess mile.
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