- #860 of 3201
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Will leasing go on credit report?
by chet21
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Oct 04, 2006 (10:35 am)
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Hi I was wondering to those that have leased recently. Does the lease show up on the credit reports? Since its not a loan i figured it won't get reported to the bureaus.
I'm trying to refinance my house early next year and don't want anything else showing up as new credit. thanks for ur reply.
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- #861 of 3201
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October Data: 2007 3 series coupe leases
by wrightrd
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Oct 04, 2006 (5:06 pm)
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Car_Man: We appreciate all of the help you provide on this forum - the information is invaluable.
Any update on the October program for 2007 3 series coupe leases? Money factors and residulas for 328i coupe and 335i coupe for 3 year 12k and 3 year 15k leases would be appreciated.
Kydfx - does car_man still participate in this forum?
Thanks!!
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- #862 of 3201
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Re: October Data: 2007 3 series coupe leases [wrightrd]
by boardrider
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Oct 05, 2006 (11:21 am)
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Replying to: wrightrd (Oct 04, 2006 5:06 pm)
Car_Man, Thank you for all the valuable information. Please tell me what you think of a deal I'm looking at. We ordered a 07 328i coupe in August and it is now in. MSRP= $37,270 (The only option is auto trans) The dealer wants to sell it for $500 back of msrp. We are thinking of a lease, the offer to us from the dealer is a lease factor of 2.30, 36 months, 12 k miles a year. What do you think of the price and terms. The dealer is telling us that as this car is "stripped" they are making less profit on this sale? THANKS
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- #863 of 3201
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What deals have you gotten on the 335i?
by scottyb1
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Oct 06, 2006 (8:37 am)
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Anyone already pick up a 335i? If so what kind of payments have you gotten? I'm trying to stay around $600/mo with little down. Is this even reasonable? Thanks in advance for the help!
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- #864 of 3201
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2006 325i and 330i Lease Factors
by pelter
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Oct 07, 2006 (9:30 pm)
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Hi, I saw the recently posted October lease factors and wanted to ask whether those are considered "wholesale" and thus marked up or whether they can they be made available to consumers. The lease factors in question are for 2006 330i (0.00150) and 2006 325i at (0.00225). Therefore, my question relates to what lease factor I could realistically expect out of a dealer for a 36 month 2006 330i (preferably) or 325i.
Thanks!
Dave
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- #865 of 3201
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Re: PLEASE HELP! Is this a good deal on leasing 330i* [reloprincess]
by Car_man HOST
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Oct 08, 2006 (4:11 pm)
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Replying to: reloprincess (Sep 14, 2006 4:50 pm)
You're welcome, reloprincess. If you make a $3,500 down payment on a leased vehicle, the bank that you are leasing through gets to keep that money regardless of what shape your car is in when you turn it in. If you pay that much in additional security deposits though, you would get that money back assuming that your leased vehicle does not have any excess wear and tear or excess mileage. Most manufacturers' captive finance companies, like BMW Financial Services, are fairly lenient when it comes to evaluating the lease-end condition of vehicles. Of course, if your car is in rough shape you will have to pay, but banks that are associated with automakers don't want to nickel and dime their customers to death and risk making them so angry that they don't want to lease another one of their products.
Car_man
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- #866 of 3201
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Re: 2007 3-series coupe money factors [wrightrd]
by Car_man HOST
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Oct 08, 2006 (4:15 pm)
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Replying to: wrightrd (Sep 16, 2006 12:14 pm)
Welcome back, wrightrd. I'm glad that you find this site so helpful. Here's the latest informaiton that you are looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 328i Coupe with 15,000 miles per year are .00200 and 58%, respectively. The numbers for an otherwise identical lease of a 2007 335i Coupe are also .00200 and 58%. If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 2% higher.
Car_man
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- #867 of 3201
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Re: 07' 335i Coupe [fishbone1]
by Car_man HOST
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Oct 08, 2006 (4:21 pm)
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Replying to: fishbone1 (Sep 20, 2006 7:52 am)
Hello fishbone1. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 335i Coupe with 15,000 miles per year are .00200 and 58%, respectively. If you were to lease this car with only 12,000 miles per year, its residual value would be 2% higher.
Car_man
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- #868 of 3201
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Re: New to leasing [rebadeb]
by Car_man HOST
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Oct 08, 2006 (4:27 pm)
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Replying to: rebadeb (Sep 20, 2006 6:12 pm)
Greetings rebadeb. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
The Cliff's Notes version of those articles is to find out the MSRP, selling price, and money factor for the vehicle that you want to lease. These numbers will enable you to assess how good a deal you are getting. The selling prices of leased vehicles are negotiable, just as if you were paying cash or financing. Once you find out these numbers, let me know and I'll tell you what I think of the offer.
Car_man
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- #869 of 3201
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Re: Numbers on 2007 328xi Coupe [dprecocious1]
by Car_man HOST
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Oct 08, 2006 (4:42 pm)
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Replying to: dprecocious1 (Sep 22, 2006 5:06 am)
Hi dprecocious1. The money factor that you were quoted for the 2007 328i Coupe that you are interested in is higher than BMW Financial Services' buy rate lease money factor for it (.00285). However, I believe that BMW Fs charges higher money factors for leases on vehicles that are sold through its European Delivery program than it does on vehicles that are delivered normally. This may help explain why the money factor you were quoted is higher. Also, if you are having your vehicle's security deposit waived, your car's money factor will be .00015 higher.
Car_man
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