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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3226 messages, Last post on Dec 08, 2009 at 2:50 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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. |
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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
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Replying to: alexryan1 (Oct 06, 2009 4:38 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: westportquay (Oct 06, 2009 4:13 pm) 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
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Replying to: loxo33 (Oct 08, 2009 6:38 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: bmwine (Oct 08, 2009 9:11 pm) 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 |
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Replying to: Car_man (Oct 19, 2009 2:20 am) 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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Replying to: lngo (Oct 08, 2009 10:31 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: narcolo (Oct 09, 2009 1:13 pm) BMW Financial Services' current buy rate lease money factor and residual value for a 30 month lease of a 2009 Z4 35i with 15,000 miles per year are .00090 and 63%. You never mentioned how long you want to lease for or what mileage allowance you need so I had to make some assumptions. Let me know if you want something different. BMW is currently providing a $2,500 cash incentive on leases of the 2009 335i Convertible and $3,000 on leases of the 2009 Z4. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: ivnd (Oct 13, 2009 11:38 am) It's difficult to say whether BMW Financial Services will be willing to negotiate your car's purchase option price. More often than not banks won't, but it wouldn't hurt to place a call directly to them to see if they would be willing to work with you. If your initial contact at the bank isn't willing to do so, you can always work your way up the ladder to a manager to see if you get any better results. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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