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BMW 3-Series Lease Questions

3218 messages,  Last post on Dec 03, 2009 at 7:31 AM

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

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#3033 of 3218 Re: 328i lease question [cotmc] by cotmc Aug 31, 2009 (2:58 pm)
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 Replies to this message: gar653 (Sep 01, 2009 3:11 pm)
#3034 of 3218 Re: 328i lease question [bball69] by cotmc Aug 31, 2009 (3:18 pm)
Replying to: bball69 (Aug 31, 2009 2:19 pm) If the $3500 was "total", then your deal is not too far off from mine. If you don't have recent payment history with BMW Financial, then I'm sure your $3500 includes a security deposit; perhaps $400? Hence, the total cap reduction you are paying should be well less than $1000, maybe around $500? If $500, then you're paying $2K less cap reduction than me. (Which is smarter than my method, but I really needed to keep my payments down!) Based on the lease calculations I've seen within our price range, for the terms of this lease, our monthly payment increases/decreases about $30/month for every $1000 we subtract/add to the cap reduction.   Put in a different perspective -- If I had dropped my cap reduction to $500, I suspect my monthly payment would have been somewhere between $360 - $365, before tax. This is for MSRP of $38,100. So, if your sales team isn't willing to budge closer to invoice cost on your car (and lower your payments below $375), maybe it wouldn't be improper protocol to call up the guys in their internet department?
#3035 of 3218 Recent Deal by jmac17 Aug 31, 2009 (5:46 pm)
Made the following deal in Boston yesterday:   328 xi Coupe - Auto, Premium, Cold Weather, Nav, USB/iPod, Smartphone, Metallic Paint.   MSRP: $47,300 Sale Price: $43,500 - $1,000 BMW Cash = $42,500   12K, 36 months, 60% residual, 0.00135 MF $489/month + tax   Thoughts?
#3036 of 3218 Re: 328i lease question [cotmc] by gar653 Sep 01, 2009 (6:05 am)
Replying to: cotmc (Aug 30, 2009 8:05 pm) Cotmc-   re your lease inception fee, I was quoted $825 from 2 DC dealers who said it was universal. And I was just informed by one yesterday that BMW has new terms coming out today. Maybe they will go $2K lease cash here too?   to answer your question, my quote was a 12K - 36 mo . What do u think? Replies to this message: cotmc (Sep 01, 2009 12:01 pm) bball69 (Sep 01, 2009 2:03 pm)
#3037 of 3218 Any news on September lease specials by izmirian Sep 01, 2009 (10:36 am)
I'm checking bmw's website and they still show outdated August lease specials. Anyone has an idea on when they'll update?
#3038 of 3218 Re: 328i lease question [gar653] by cotmc Sep 01, 2009 (12:01 pm)
Replying to: gar653 (Sep 01, 2009 6:05 am) Gar,   I'm starting to doubt those 2 DC dealerships! They told you the $1K lease cash was universal, and NOW they're telling you the $825 lease inception fee is universal?? Just so you know, I'm 99% sure that BMW Financial requires a $725 fee, but dealerships are allowed to mark that up. Many dealers DO charge $925, including all 3 here in my area. I was planning to negotiate an additional $200 off my cost, but the dealer offered me free window tint instead. Replies to this message: bball69 (Sep 01, 2009 2:03 pm)
#3039 of 3218 Re: 328i lease question [cotmc] by bball69 Sep 01, 2009 (2:03 pm)
Replying to: cotmc (Sep 01, 2009 12:01 pm) The BMW website shows $725 in their examples for the acquisition fee, $350 for the security deposit.
#3040 of 3218 Re: 328i lease question [cotmc] by gar653 Sep 01, 2009 (3:11 pm)
Replying to: cotmc (Aug 31, 2009 2:58 pm) I checked the dealers web site but can't find anything on the $2K lease cash you mentioned.?
#3041 of 3218 Re: 2010 3 Series Lease Question [ssiegler] by Car_man HOST Sep 02, 2009 (2:14 am)
Replying to: ssiegler (Aug 20, 2009 2:23 pm) Hi ssiegler. Here are the details of BMW's new September lease program for you. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 328i Sedan with 12,000 miles per year are .00225 and 60%, respectively.   BMW is currently providing loyalty cash on 2009 3-Series models, but there isn't any on 2010s yet.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3042 of 3218 Re: 2009 335 xi lease [rider118] by Car_man HOST Sep 02, 2009 (2:20 am)
Replying to: rider118 (Aug 22, 2009 4:28 am) Hi rider118. I believe that the 2010s are starting to arrive at dealers and that BMW had a solid month, sales-wise in August so it wouldn't surprise me if certain 2009 models were indeed getting scarce. A selling price of dealer invoice puts you at around $1,000 over (using the August program), which isn't terrible. If you've comparison shopped and $1,000 over is the best that you can do, I personally don't think that it's that bad a deal.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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