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BMW 3-Series Lease Questions

3219 messages,  Last post on Dec 05, 2009 at 7:06 PM

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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#2990 of 3219 Re: Lease quote [nachinc] by Car_man HOST Aug 18, 2009 (1:49 am)
Replying to: nachinc (Aug 04, 2009 3:28 pm) No problem nachinc. Thanks for the additional information. OK, so you were quoted a selling price of $32,157 on a 2009 328i that has an MSRP of $34,425.   This car probably has a spread of around $2,750 between its full MSRP and its dealer invoice price. Add to that the $1,000 cash incentive that BMW is currently providing on leases of it and you have a total of around $3,750 to play with during your negotiations.   You were quoted a dealer discount of $2,268 on this particular car. That probably is equivalent to around $1,450 or so over dealer invoice. I personally would want a slightly larger dealer discount of I was in the market for this car in an area that has a decent level of competition.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2991 of 3219 Re: Please post August 2009 Money Factor and Lease Residuals for 335d [anowlan] by Car_man HOST Aug 18, 2009 (1:52 am)
Replying to: anowlan (Aug 05, 2009 3:50 pm) Hi anowlan. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335d Sedan with 15,000 miles per year are .00250 and 53%, respectively. You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2992 of 3219 Re: 2009 335i Coupe [oto1125] by Car_man HOST Aug 18, 2009 (1:57 am)
Replying to: oto1125 (Aug 05, 2009 7:54 pm) Here's the information that you're looking for, oto1125. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Coupe with 10,000 miles per year are .00165 and 60%, respectively.   When negotiating your lease on this car, make sure to take the $1,000 cash incentive that is currently available on leases of it into account.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2993 of 3219 Re: 2010 Lease Programs [mgoblue4] by Car_man HOST Aug 18, 2009 (2:38 am)
Replying to: mgoblue4 (Aug 06, 2009 7:46 am) Hi mgoblue4. The last time that I checked, BMW had not yet introduced a lease program for the 2010 3-Series. The only '10 models that it has a program on right now are the 5- and 6-Series.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2994 of 3219 Re: Is this a good deal on a 2009 335i convertible? [smithsonga] by Car_man HOST Aug 18, 2009 (2:49 am)
Replying to: smithsonga (Aug 07, 2009 6:55 am) Hi smithsonga. BMW Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Convertible with 15,000 miles per year are .00180 and 56%, respectively. You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.   When negotiating your lease on this car, make sure to take the $1,000 cash incentive that is currently available on leases of it into account.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2995 of 3219 Re: Current BMW Fin Rates [gambrinous] by Car_man HOST Aug 18, 2009 (2:54 am)
Replying to: gambrinous (Aug 12, 2009 9:49 am) Hi Aaron. According to the latest information that I have seen, BMW Financial Services' buy rate lease money factor for a 2009 335i Sedan is .00225 for returning customers or new ones who pay a security deposit in August.   BMW is not currently providing any lease support on the 2009 M3. As a result, if you were to lease one through BMW Financial Services, you would have to use its standard lease program. I believe that its standard lease money factors vary by region, but its buy rate for this model should be around .00285 right now give or take a few points. BMW FS' current 36 month, 15,000 mile per year residual value for an '09 M3 Sedan is 49%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2996 of 3219 Re: 335i Coupe Lease Question [kball2] by mikeovich Aug 18, 2009 (2:30 pm)
Replying to: kball2 (Aug 17, 2009 6:28 pm) 1) I believe this may be what the dealer is telling me for why he came back with a lower price, but $2,500 is taken off my initial payment (drive-off).   2) The negotiated purchase price was $200 over invoice, or $46,835 on an MSRP of $50,925 (includes destination on both)   3) MACO is a marketing fee they charge you that you can't get them to waive ($400), and same with training ($180). Or at least that's what I've read.   4) The $613 includes tax. Cap reduction was $2387, with $4,542 due at signing, minus $2,500 lease cash gets me to $2,042 due at signing.   Car_man, any thoughts on this deal yet? Really just concerned about the markup on the MF.   kball2, as long as you aren't looking at the same car in CA, I can send you the details of my deal to show your dealer. PM if necessary.   Thanks Replies to this message: kball2 (Aug 18, 2009 5:34 pm)
#2997 of 3219 Re: 325i xDrive Lease Question [aiyer] by kball2 Aug 18, 2009 (5:25 pm)
Replying to: aiyer (Aug 10, 2009 3:34 pm) Aiyer,   This looks like an awesome deal, but I can not make the math work. Assuming you are paying $2,750 out of pocket and using the numbers you have provided I arrive at a monthly payment of $415 per month before taxes. What am I missing?   Thanks
#2998 of 3219 Re: 335i Coupe Lease Question [mikeovich] by kball2 Aug 18, 2009 (5:34 pm)
Replying to: mikeovich (Aug 18, 2009 2:30 pm) I am in Ohio so you don't need to worry about me! I have just started looking so I have not worked these numbers down, but here is where I am at on a 335i Sedan (6 speed):   MSRP - $46,125 MF - .00225 Term 36 months / 10k Residual 60% Purchase Price $42,645 Acq Fee $795 (Should be $720 to $725?) Sales Tax $1,481.57 (6.75%) Net Cap Cost $44,921.57 Payment $654.19 (includes tax)   Due at signing $1,689.69 (1st month, security, & additional fees [$335] that I am sure are overstated.   The deal you have looks good to me. If you can provide all the numbers (similar to mine) I have an Excel spreadsheet that I use to calculate what the lease cost should be and make sure that there are no hidden fees, etc.   Good luck!
#2999 of 3219 BMW 3 Series - Lease Now or Wait Till September by kball2 Aug 18, 2009 (5:37 pm)
I am considering leasing a 3 series sedan this month, but I am wondering if the lease deals will get better or worse in September considering that 2010 inventory will be coming soon. Does anyone have any thoughts on this?

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