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BMW 3-Series Lease Questions

3225 messages,  Last post on Dec 08, 2009 at 3:05 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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#3129 of 3225
Lease Deal by mgoblue4
Oct 13, 2009 (12:25 pm)
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I just got offered a 3 yr, 15K mile lease on a 2010 328xi sedan with sport, premium, value, satellite, ipod, navigation for $640/month including tax. Negotiated price is $200 over invoice. Is this a good deal? Thanks.
#3130 of 3225
'09 328i Coupe MF and Residual Please by jsligh
Oct 15, 2009 (7:02 pm)
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Car_Man (or anyone else)
 
Looked through the posts and haven't seen recent lease MF and Resid information for a 2009 328i Coupe 36 mo/10K. Can you please provide this information? Also will the MF be different for a returning BMWFS customer?
 
I see there is $2K lease cash on the 328i coupe now. Would there be additional loyalty cash? Turning in an '06 330i sedan by next weekend.
 
Thanks,
J
#3132 of 3225
Re: 328i [westportquay] by jsligh
Oct 16, 2009 (6:20 pm)
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Possibly...I actually spoke to my existing BMW dealer and another regarding a 2009 328i coupe. In case anyone needs to know, I was given MF .0015 and Resid 61% on a 2009 328i coupe 36 mo/10k lease. Still $2,000 lease cash, but not sure of any other lease incentives besides possible loyalty cash. Hope this helps others.
#3133 of 3225
2009 328i Sedan Lease by sewarker
Oct 17, 2009 (10:53 am)
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Carman or anyone else. What do you think of this deal for a 2009 328i Sedan lease in Philadelphia.
 
MSRP: 41,150
Cap Cost: 38,000
Term: 36 months
MF: .00250
Resid: .59
Miles: 15,000
Monthly Payment: 525.14
#3134 of 3225
Re: BMW 2009 328xi [alexryan1] by Car_man HOST
Oct 19, 2009 (2:13 am)
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Replying to: alexryan1 (Oct 06, 2009 4:38 am)

You're very welcome, alexryan1.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#3135 of 3225
Re: BMW 2009 328xi [westportquay] by Car_man HOST
Oct 19, 2009 (2:20 am)
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Replying to: westportquay (Oct 06, 2009 4:13 pm)

I'd be happy to take a look at this deal, Westportquay. You're right, $5,000 is too much money to pay at signing on a lease. Even though your monthly payment will likely be higher, you will be much safer going with a lease that has a lot less due at signing.
 
I see that this car's MSRP is $39,000 but I'm not sure what its selling price is. This is an important number to know because the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. I see this car's capitalized cost mentioned...but I assume that it is after the deduction of the down payment that you are being asked to make.
 
The best way to negotiate a good deal on this car would be to look up its dealer invoice price over in the New Vehicle Pricing section of Edmunds.com. Then subtract the $2,000 cash incentive from that and add a few hundred dollars back for the dealer.
 
Once you have arrived at a selling price that you are happy with, have the dealer calculate your monthly payment using BMW FS' buy rate lease money factor of .00225.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3136 of 3225
Re: $1000 lease cash? [loxo33] by Car_man HOST
Oct 19, 2009 (2:25 am)
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Replying to: loxo33 (Oct 08, 2009 6:38 pm)

Hi loxo33. Yes, BMW is currently providing a cash incentive of $1,000 to $2,000 on leases of the 2009 328xi Coupe through BMW Financial Services. The exact amount of this cash incentive varies by region.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3137 of 3225
Re: First Time Leasing Questions [bmwine] by Car_man HOST
Oct 19, 2009 (2:32 am)
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Replying to: bmwine (Oct 08, 2009 9:11 pm)

Hi bmwine. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Sedan with 15,000 miles per year are .00225 and 56%, respectively. The numbers for an otherwise identical lease of an '09 335i Coupe are .00165 and 57%. The numbers for an otherwise identical lease of an '09 335i Convertible are .00180 and 56%.
 
The numbers for 36 month, 15k leases of the '09 M3 Sedan, Coupe, and Convertible would all have a money factor of .00280, but their residual values would be 49%, 50%, and 47%, respectively.
 
The residual values for leases with 10,000 miles per year would be 3% higher.
 
These cars' cash incentives vary from $1,000 to $2,500 by region, though there is no cash on the M3. If you tell me what state you are in I should be able to give you an idea of what the specific allowances are in your neck of the woods.
 
As far as how much you should pay for these cars goes, try stopping by the "BMW 3-Series Prices Paid and Buying Experience" discussion for feedback on that topic.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3138 of 3225
Re: BMW 2009 328xi [Car_man] by westportquay
Oct 19, 2009 (7:59 pm)
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Replying to: Car_man (Oct 19, 2009 2:20 am)

Hi Car_Man,
 
Ok...here's where I am on this thing. I'm being told that the money factor is .00255 which still seems a little high. Maybe it's because I'm not a returning BMW customer. I'm now putting down $2500.00. 59% residual. I'm being told that payments will be $459.00. They are throwing in the floor mats.
 
MSRP at $38,850.00
 
Edmunds lists the invoice price as being $36,000.00. It lists TMV as $33,096.00.
 
MSRP $38,850.00
 
$36,380.000 wholesale - 1250 dealer rebate = $35,120.00.
 
Total Cap Cost Reduction = $2230.26
 
Net cap cost is $32,856.15
 
What do you think?
 
Thanks again.

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