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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3220 messages, Last post on Dec 06, 2009 at 8:11 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Car_Man, I'm in Los Angeles and just got a lease disclosure sheet for a 2009 328xi for 3 years and 36,000 miles and wanted to run some of this by you. I don't have much of a clue when it comes to these things. I've read some other comments here and would appreciate your insight. It seems to me to be on the high side. Now that I've read up on things, putting down $5000.00 doesn't sound like the right way to go. And given that others here are getting $401.00 a month with $2500.00 down...it seems to me that I might be getting hosed....Here's what I'm looking at: Lease Disclosure Price: 39,000 Cap Reduction: 3,410.33 Net trade: .00 Additional Charges: 1,175 Cap Cost: 34,414.67 Residual 60% 25,080.00 Factor .0023500 Additional Charges (Capitalized) Acquisition Fee 825.00 Rebate -2,0000.00 Base Payment 399.11 Sales Tax 38.91 Property .00 Cap Reduction 3,410.33 Security Deposit .00 Cap Reduct Tax 527.51 Other Taxes 4.39 Additional Charges 619.75 Cash Required 5000.00 Cash Received 5000.00 36 Payments of 438.02 Additional Charges (Inception) Document Fee 45.00 License Fee 450.00 Tire Tax 8.75 Elec. Filing Fee 29.00 Registration Fee 77.00 + Any thoughts? Thanks in advance, Westportquay
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I'm seeing dealers quote $1,000.00 Lease Cash incentive on 328xi sedans, does the same incentive apply to coupes?
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I am looking to Lease 09 335I sedan, coupe, convertible or 2009 M3 Coupe and would appreciate any input. I bought my first BMW in 04 through BMW FS when I was still wet behind the ears and do not want to make any of the same mistakes. My credit/FICO score is above 750, zero debit, and income above 70K. 1. Are 2009 335i sedans,coupes,convertibles or a M3 Coupe selling below invoice or at invoice? 2. What is BMW's current rate/money factor and residual values? 3. Is the lease cash offer from BMW $1,000.00 or $2,500.00? Lease: 36 Months 10K Miles a year
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Car_Man, Is the 2009 328i Sedan lease for $329 still valid? I see a banner on socalbmw.com but when i clicked on it is listed for $349 instead, also it seems like the $2000/$2500 lease cash incentive for 328i/335i is down to $1000 now according to the website, is the free automatic transmission upgrade offer gone as well for So Cal customers? What is the current money factor and residual for 2009 328i sedan? Should I wait until Nov to see if they will bring the original deal back? Thanks a million!
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Car_Man, want to pick up and lease a remaining 09 bmw. looked all around (leasecompare, bimmerfest) can you please provide rates for 2009 models? I am looking for 2009 335i convertible 2009 z4 35i and any incentives if you have access to that! Thanks in advance for all the helpful insight! 
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Hi CarMan, 36 payments a month at 438.02 after an initial down payment of $5000.00 seems excessive to me. Any insight would be appreciated. Thanks in advance. Dan |
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I put a deposit down on a 2009 335 X Drive Coupe over the weekend. I want to make sure that the deal I got is on par with what others have obtained. Unfortunately I do not know the Residual, MF & final sales price. I know that sounds ridiculous but please read on. I'm hoping that if someone knows a lot about lease formulas and what the true BMW residual & MF were they would be able to evaluate the deal I got. Here are the specifics and thank you in advance for your help! 335 X Drive Coupe Term: 36 Months Mileage: 15K / Year MSRP: $52,895 Invoice: $48,700 BMW rebate: $2,500 (I know for sure this was applied) Cap Cost: None (Put down 1st month, security and bank fee only..Total $2,200) Monthly Payment: $625 (Including Nassau County tax of 8.75%) I'm going to call the Sales guy and find out the residual, MF and sales price that was used but again I would appreciate some insight on the numbers above. Thank you!
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Replying to: g37hopefully (Oct 11, 2009 6:09 pm)
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Replying to: cdnpinhead (Oct 12, 2009 5:48 am) |
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Hi Carman! My BMW 06 330i lease is coming to an end this Oct. 26. I want to know if I will be able to negotiate a lower price than the residual value of $28,300 that BMW FS wants. I currently pay $500.15 monthly and it was a 36 month lease. I have gone over miles. I have contacted my original dealer and they said the BMW FS told them that they will not budge on the residual value. Not sure if I should believe this or not. I have talk to other folks and they have said to wait a couple of days before the lease ends and BMW will be reaching out to you to see if your going to purchase the car or not. What I want to know is how I can negotiate with them so they can bring the price down? I have noticed my same car for sale with other dealers going from $18k to $24k in price. Should I contact another dealer and see if they can get me a better price??? BTW- when I first started the contract, I put down $3,000. Need some help on this soon. Thanks. Ivnd
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