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Prices Paid: Buying & Leasing Experiences 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
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Carman, I've been offered the following for lease deals for 128i coupe. What do ou think? Should i be looking at the 3 series alternatively based on current lease deals and support? Thanks! Term: 24 months Lease $299/tax/month Miles: 20,000. Price: $29,575 MSRP: $32,850 Money Factor 2.0 Residual .68 Options: Steptronic automatic transmission, moonroof, chrome-line exterior trim, rain sensor and auto headlight, cruise control, BMW assist with Bluetooth, multi-function steering wheel, hi-fi sound system and more. Term: 36 months Miles: 30,000 Lease: $359/month +tax Price: $38,950 MSRP: $42,900 Money Factor 2.2 Residual .62 Options: premium package, sport package, steptronic automatic transmission, rain sensor and auto headlight, adaptive light control, cruise control, hi-fi sound system, multi-function steering wheel, xenon headlights, sport steering wheel with paddles Term: 36 months Miles: 30,000 Lease:$370/mo +tax Price: $40,575 MSRP: $41,650 Money Factor 1.5 Residual .61 Options: Steptronic automatic transmission, dynamic cruise control, hi-fi sound system, sport steering wheel with paddles, multi-function steering wheel, moonroof, heated front seats, ambiance lighting, iPod and USB adapter
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How are you getting such LOW LOW monthly payments? How much is due at signing? Doing multiple security deposits? What dealer/salesman are you dealing with as I'd like to ask him for a 335i lease. 
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I just completed a deal to lease an '09 335 convertible. MSRP 55450, purchase price $500 over invoice. $2500 lease cash incentive from BMW. Money factor 0.0018. I am a new BMWFC customer so I have to pay $650 security deposit. When I pick up the car (next week) I need to decide how much to put as cap reduction (if any). Question one: should I consider paying multiple security deposits (up to 7) to lower the money factor? Question 2: is this a good deal? Ah...I am in Southern California. |
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argento, The answer to question #1 is easy to figure out. Figure out your payments on the cap cost of the car after you subtract the total amount of MSDS ($4550 possible) and figure out the payments without the MSDS. Whatever that difference is multiply it by the lease term and see what savings you have. Then compare that savings percentage to what you could get if you took the same money an invested it in some other fashion (stocks, bonds, etc). Chances are you're going to get 10% or better return on the MSDS' when they lower your payment over the term of the lease..... good luck getting that anywhere else in today's economy. It's absolutely a good deal if you have the cash to spare. Plus you get it all back.... it's the gift that keeps on giving. After you use it to reduce your payments and make 10% you can take the same $4550+10% and put it into your next lease of a 750Li. Read the folllowing thread on MSDS: http://www.bimmerfest.com/forums/showthread.php?t=134206 |
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Replying to: alexryan1 (Oct 02, 2009 7:07 am) You were quoted a selling price of $36,290 on a 2009 328xi that has an MSRP of $40,695. That's a $4,400 discount. This car probably has a spread of around $3,250 between its full MSRP and its dealer invoice price. Add to that the $1,000 cash incentive that is available on this car (it's two grand on the West Coast) and you have a total of $4,250 to play with in most of the country and $5,250 in the West. That means that this is a killer deal if you live in most of the U.S. and still a pretty good deal if you're on the left coast. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: pcmike (Oct 02, 2009 8:04 pm) BMW is currently providing between $1,000 and $2,500 in cash incentives on leases off this car through BMW FS. The exact amount varies by region. I would be happy to give you an idea of what the exact cash allowance is in your neck of the woods if you tell me what state you are in. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: dxl (Oct 02, 2009 8:21 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: alexryan1 (Oct 03, 2009 4:05 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: mikekx (Oct 04, 2009 8:35 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Oct 06, 2009 2:42 am)
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