Last post on May 17, 2013 at 1:19 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW, Car Leasing, Sedan, Wagon
#4905 of 5151 Re: 30 month residual [jagoo]
by Car_man HOST
Feb 10, 2013 (7:59 am)
Hi jagoo. This is the 3-Series lease discussion. Please post any questions that you have about the 5- over in the following discussion:
BMW Financial Services' February buy rate lease money factor for a 36-month lease of a 2013 535i Sedan with 15,000 miles per year are .00130 and 60% for consumers who qualify for its top credit tier.
Prices Paid: Buying & Leasing Experiences Forum
#4906 of 5151 2013 328i Sport of M Sport Lease
Feb 10, 2013 (9:22 am)
I am looking to lease a 2013 328i manual with Sport or M Sport package. No sure of the color or options, but I know I need 16K miles per year. If I go with a 328i Sport with red paint, sunroof and heated seats the invoice price is $38,660. What's a good price for this car? $500 over invoice? What would a lease payment be with zero down? If I add the M Sport package I could live without a sunroof and heated seats. Invoice would be $38,480. Do the Sport and M Sport packages change the residuals? Thanks in advance for any help. Really looking forward to getting back into a BMW after 10 years driving other marques.
Feb 10, 2013 (6:37 pm)
I have always bought my vehicles. I am now considering a lease. Can someone give me the figures of a "GOOD DEAL" with the following numbers? Approx monthly payment and monthly tax.
Negotiated final price: 40,495
State sales tax: 6% Florida
Current rate 3.79%
How do I figure "car value at end of loan?"
36 months 10,000 miles
Base: 36,850 BMW 328i M sport
M Sport: $3850
Lighting Package: $900
Black Dakota Leather: $1450
Estoril Blue: $550
#4908 of 5151 Car Man (DEAL GREAT-GOOD-AVERAGE)???
Feb 11, 2013 (5:59 pm)
2013 328i 4dr Rear-Wheel Drive (FLORIDA)
Black Dakota Leather
Base: $36,500 (manufactured without Bluetooth capability-$350 less than normal MSRP $36,850)
M Sport: $3,850
Premium package: $3,100
Lighting package: $900
Rear-view camera: $400
Park distance control: $750
Harmon Kardon surround sound: $875
OPTION CREDIT: -$750 (credit for manufacturing without bluetooth capabilities)
rental surcharge: (estimated) $60
Doc Fee: $699
Non Tax fees:
Bank acquisition fee: $925
license fee: $450
Tag agency fee: $32
Florida Lemon Law: $2
Battery Disposal: $1.50
ADJUSTED PRICE: $43,251
After fees: $45,854.69
MONTHLY PAYMENT (36 months/10,000 miles)(money factor .0016)
$529 month (includes tax)
$3000 at closing covers fees and first months lease.
Feb 11, 2013 (6:10 pm)
Residual value after 36 months=63% $29,655
#4911 of 5151 Re: Car Man (DEAL GREAT-GOOD-AVERAGE)??? [dropbottom44]
Feb 13, 2013 (5:01 pm)
Thanks for the response. The dealer is trying to charge me $598 (including tax) with a price of $43,251 on a 36 month/10K miles per year. Not sure how they are deriving this price based on the quoted money factor (.0016). Not sure where to go from here...when I explain that I am seeking help (you), they tell me some sort of BS. Wish I could just get a straight answer from them! Thanks for your insight!
#4912 of 5151 Re: Car Man (DEAL GREAT-GOOD-AVERAGE)??? [epry]
Feb 13, 2013 (6:43 pm)
Really bad. Base money factor is .00130.
#4913 of 5151 Covering first payment?
Feb 13, 2013 (7:38 pm)
Currently negotiating a lease on a 335is. Noticed a few posts ago something about BMW covering the first payment. Of course it hasn't been mentioned in the back and forth with the dealers. Is there somewhere I can look this up for confirmation and print it out?
#4914 of 5151 2013 328i Lease Question
Feb 14, 2013 (7:05 am)
Hey Car man, I was contacted by my BMW dealer and was told that I can bring in my current leased 328 coupe early for a new BMW. I have about 6 moths left but am about 13K below the mileage limit (45k) so I was thinking I can use this as leverage during negotiations.
1.) Can you provide me with the February money factor and residual based on a 36 month 15k/year lease for a 2013 328i Sedan?
2.) Also, aside from the $750 loyalty incentive is there anything else currently being offered by BMW? Is there another $1000 in lease cash by any chance? Also is BMW picking up the first month's payment?
From my research it seems like the current money factor is .0013 and the residual would be 60%. Could you please verify these for me?
The MSRP on the car is $43,570 (Sport Line, Lighting Pkg, Heated Seats, Moonroof, Harmon Kardon). Including all incentives I am aiming at an out the door price of $38,500-$39,000. Absolutely no money down. Is that possible? I don't want to pay more than $480-$490/month, and that is with taxes included (NJ-7%). Based on a $39,000 out the door price I'm coming up with a $472/month (including taxes). Does this sound right? Thanks!