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BMW 3-Series Lease Questions

3223 messages,  Last post on Dec 07, 2009 at 12:08 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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#3024 of 3223
Re: 328i lease question [jacob0218] by cotmc
Aug 28, 2009 (8:52 pm)
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Replying to: jacob0218 (Aug 28, 2009 6:44 pm)

Yes. As I mentioned, the dealer showed a full $2K adjustment on my lease paperwork. Two different local dealers confirmed this $2K incentive to me before I leased my car.
 
Because two different BMW dealerships in the DC area told you $1K, this must indicate these BMW lease incentives are NOT the same across the country. If so, then this is certainly nothing new. Perhaps our region has a higher inventory of remaining '09 models than yours?
 
Within the past couple years, I've seen (and confirmed) up to $1000 differences in factory incentives with both Toyota and Nissan, just between Arizona and California -- two adjacent states!! In those cases, the inventives were better in CA than here.
#3025 of 3223
Re: 328i lease question [cotmc] by ckreling
Aug 29, 2009 (11:05 am)
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Replying to: cotmc (Aug 28, 2009 8:52 pm)

I just lease a 328i 2009 coupe from Concord BMW in CA and it was 2000 lease cash.
#3026 of 3223
Re: 328i lease question [cotmc] by bball69
Aug 29, 2009 (8:50 pm)
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Replying to: cotmc (Aug 26, 2009 11:58 am)

I was at the same dealership tonight and tried to lease a 328i with automatic, ipod adapter, and 17" wheels. The pricing was nowhere near what you mention. The best they would do is $375 a month on 36 months with 12k a year. That was with $3500 cash at signing. You mention you put down $2500, where the fees in addition to this amount?
#3027 of 3223
Re: 328i lease question [cotmc] by gar653
Aug 30, 2009 (11:30 am)
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Replying to: cotmc (Aug 28, 2009 8:52 pm)

A DC dealer i was in yesterday told me that lease cash is the same everywhere in the US and is $1K. A second dealer I'm working with said the same thing and went on Chapmans web site and said they were offering different deals than others were, but the lease cash was still $1K. He's offering me a 328i w/leather , premium package, auto,heated seats, (no GPS) and ipod adapter for $40,550 - $1525 down and $500/mo taxes fees included. What do u guys think ? Carman??
.
#3028 of 3223
Re: 328i lease question [gar653] by cotmc
Aug 30, 2009 (8:05 pm)
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Replying to: gar653 (Aug 30, 2009 11:30 am)

BMW of North Scottsdale was the first dealer who told me about the $2K lease cash. They told me this back on Aug 15. And speaking of that dealership... In Saturday's Arizona Republic newspaper, page 2 of the "Cars" section, they advertised a Black Sapphire Metallic base model 328i with black leatherette and stick, no other options, for a lease payment of $199/month. (36 months, $3500 down, $925 lease inception, 10K miles/yr, and a small security deposit)
 
Two different dealers here in AZ, plus a dealer in California (see a previous post), are all stating $2K cash. And don't forget I have the completed lease agreement paperwork which appears to support this argument.
 
For your question, you should probably state the length of the lease as well as the annual mileage allocation. Otherwise, it's difficult to provide feedback.
#3029 of 3223
Re: 328i lease question [bball69] by cotmc
Aug 30, 2009 (8:28 pm)
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Replying to: bball69 (Aug 29, 2009 8:50 pm)

Are you working with their Internet Department? Are you working with the dealership on Camelback? To me, it seems the other Chapman dealership (in Chandler) might be more pricey. Two things that worked in my favor: The dealership had a big sales event back on Aug 22, and I was a repeat customer who had purchased a CPO X3 from their Internet Dept just a few months ago.
 
Is that $375 monthly payment inclusive of sales tax? With sales tax, my payment comes to $326. My payment is based on a $2500 cap reduction. Yes, there were other fees I paid in addition to this. In all, I paid about $5000, including lease inception fee, license, doc fee, first month's payment, etc. I didn't need to pay a security deposit, due to my history with BMW Financial.
 
For your deal, is $3500 the cap reduction, or is it representing the TOTAL FEES you pay at signing?
#3030 of 3223
2010 3 series by mgoblue4
Aug 31, 2009 (7:23 am)
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I just ordered a 2010 328xi with premium, sport, satellite and ipod, metallic paint for $38,375 at a dealer in Los Angeles. Any ideas what the lease programs on the 2010s will look like or when they come out?
#3031 of 3223
Demo w/ 4k miles 09 328xi coupe, A/T, Cold Weather, IPOD, Pwer Front Seats by mlong9876
Aug 31, 2009 (11:58 am)
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I'm a repeat customer and the dealer will take my car back early - 2 more payments - The MSRP is 42,695 and they are selling it to me for 37,500 - 1000 lease cash. + capped taxes of 1412.03 for a total of 37,912. We're using the MF of .00135 and residual of 58% + 2% on a 36 months 12k yr lease. Total out of pocket is 1447.91 which includes first month (456.63), Aqu Fee (725) Fees and Ins (105) and upfront taxes (161.28) plus cap cost reduction of 1000 minus customer rebate of 1000 (a wash).
 
The car only has 2k on it now and they will pull it from circulation at 4,000.
 
TOP 1447.91
456.63 pm for 36 mos 12k per year
 
Is this a good deal or should I try to do better?
#3032 of 3223
Re: 328i lease question [cotmc] by bball69
Aug 31, 2009 (2:19 pm)
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Replying to: cotmc (Aug 30, 2009 8:28 pm)

unfortunately I'm not dealing with the internet department but it is the store on Camelback. The $375 was before tax and the $3500 was total.
Thanks for clarifying all the information.
#3033 of 3223
Re: 328i lease question [cotmc] by cotmc
Aug 31, 2009 (2:58 pm)
Reply

Replying to: cotmc (Aug 30, 2009 8:05 pm)

Gar,
 
Here is the link to BMW of North Scottsdale's web site where they specify the $2000 lease cash incentive:
 
http://www.bmwnorthscottsdale.com/bmw-cash-rebate--2000-lease-cash--sid-1734.htm- l

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