Last post on Dec 10, 2013 at 10:09 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW, Car Leasing, Sedan, Wagon
#4990 of 5619 Re: 2013 BMW 328 March lease [missysoso]
Mar 24, 2013 (5:35 am)
Here's the information that you're looking for, missysoso. BMW Financial Services' March buy rate lease money factor and residual value for a 24-month lease of a 2013 328i Sedan with 15,000 miles per year are .00130 and 60% for consumers who qualify for its top credit tier.
15,000 miles per year is the highest mileage allowance that BMW FS publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-endn and have to pay an excess mileage penalty.
BMW is providing a $1,000 cash incentive on leases of this car right now. Make sure to take it into account during your negotiations.
Prices Paid: Buying & Leasing Experiences Forum
#4991 of 5619 335 lease 24/12
Mar 24, 2013 (9:23 am)
Here is my latest negotiation results:
335ixdrive sedan, MSRP 57, negotiated to MSRP 49K, 24mths, 24Kmiles, 640/mth, 1700 down
It was pretty easy to get these numbers, so any advice would be greatly appreciated if I should go for even better numbers.
Thanks in advance.
#4992 of 5619 Am I getting a good deal?
Mar 24, 2013 (3:36 pm)
Hey everyone, first post here. I'm taking the plunge and leasing a 328i, and this is the deal offered to me by the Southern California BMW dealer. Based on what I've read here, it seems pretty straightforward and fair. I haven't even really done any negotiating at this point. I want to see if you guys think I should push for a lower price here.
VEHICLE: 2013 BMW 328i Sedan
Base Price $36,850.00 MSRP
With heated front seats, Harman Kardon sound and metallic grey paint (+ Destination and handling):
MSRP = $39670
Selling price offered to me = $36,105
Lender BMW Financial Services
Term 36 Months
Money Factor 1.3
Residual Factor 62%
Selling Price $36,105
Total Capitalized Cost $36,105
Residual Value $24,595.40
Total Depreciation $10,264.16
Capital Reduction $1245.44
Monthly Depreciation $285.12
Monthly Rent $77.29
Monthly Payment $362.41
Tax (9%) $32.62
Monthly Payment + Tax $395.02
Capital Reduction $1245.44
Cap Reduction Tax (9%) $184.54
License & Registration $370.00
Bank Fee $725.00
Documentation Fee $80.00
First Payment $395.02
Security Deposit $0.00
Drive Off $3,000.00
Trade Equity $0.00
Due at Signing $2,000.00
#4993 of 5619 Re: Am I getting a good deal? [bimmerdreamer]
Mar 25, 2013 (8:40 am)
So just to confirm:
Your cost over the life of lease: $2000 + (395.02 * 35months) = 15825.7 correct?
#4994 of 5619 Re: Am I getting a good deal? [darbebo]
Mar 25, 2013 (9:53 pm)
That's right, total cost over 3 years = 15,825.70.
When you put it that way, it sounds like a lot for something that you don't get to keep at the end of the payments. But oh well. I'm already fantasizing about driving it.
#4995 of 5619 Lease/APR incentive
Mar 26, 2013 (11:21 am)
If you're going to buy a 3 Series soon, do it now before March is up. BMW will be doing away with the $1000 lease/APR cash
#4996 of 5619 Re: Lease/APR incentive [jasonmdbmw]
Mar 27, 2013 (9:05 am)
Oh no! I have my BMW ordered, but it hasn't entered production yet and certainly won't be ready before the end of this month. Am I hosed for this rebate?
Are we sure that it's going away?
#4997 of 5619 Deal or No Deal? 335i Vert
Mar 27, 2013 (3:10 pm)
This is my deal, wondering everyones thoughts and if I should pull the trigger?
335i Convertible 36 month/ 10k miles *No loyalty*
Total Suggested Price: $58695
Signing: 1st months, Fees and Insurance, Upfront Taxes: $944
Rebate as Cap Reduction: $1500
Total Cash on Delivery: $944
Monthly Payment: $549 plus 6% tax
Total Monthly Payment: $582
I dont really understand why the add the rebate as a cap reduction and then give you the rebate zeroing it out, but I am sure there is some benefit to the dealer doing it this way.
I think it is a good deal and other dealers have told me they cant match, so I am thinking I am at the bottom, but just wanted to know what you guys thought?
Any help would be appreciated,
#4998 of 5619 Re: Lease on 335is convertible [hutcher]
Mar 27, 2013 (4:58 pm)
Hey, I'm looking to get a 335is convertible as well.
If you're getting the factory rebates, then your deal is ok. If you go to bmwconfig.com you can see what the invoice is. The factory rebates should be taken off the lowest negotiated price, then that would be a great deal.
I think I'm getting hosed on the MF and RV. I'm being told in Phoenix that it's 0.00170 and RV 64%. So I'm not sure the truth of that.
Where are you looking to buy? If you go to bimmerfest in dealer section you can find a dealer who will sell at invoice. They are known as sponsors. I found Jon Shafer in Santa Barbara, CA who was quite upfront. I think he also increased the MF but overall more honest than 8 others I've talked to.
If you know anything good, feel free to pass it along.
#4999 of 5619 Re: 335I End of lease considering 335Is new lease [taken_4_a_ride]
Mar 27, 2013 (5:11 pm)
That's a horrible deal! Is there no competition where you are? Go elsewhere. If they know you are repeat customer they will knock off a lot on your car and the new one.