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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3224 messages, Last post on Dec 07, 2009 at 2:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Carman, You were a big help for me when I did get this lease about a year ago, but now I am looking to possibly exit this lease early. I recently got a job with a car company (not BMW) and will now have the opportunity to take advantage of a great internal deal. As such, I am thinking about exiting my current lease. Back in November 2005, I leased a basic 2006 325i. The only option is the Automatic Transmission. I think I negotiated a good deal on this car. Here are the specifications: 1) 36 months/15,000 miles / Residual 62% 2) 0.0025 money factor (6% equivalent) 3) $625 acquisition fee/$500 security deposit 4) MSRP $32,945 / Selling Price $31,210 5) Total after-tax monthly payment: $484.50 6) Entered into lease November 2005. ~25 months remaining. 7) 2006 325i Black/Tan As far as I can see it, these are my options: 1) Call and negotiate with the dealership to turn in the car early. Any insight to this process would be a big help. 2) Check out swaplease.com. However I am worried that I will still be liable for any damage to this car from whoever takes over the lease. Is this true with BMWFS? 3) Purchase the car from BMWFS and sell the car outright. What do you think Carman? Thanks again for your help, Charles
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Hey All, I am planning to lease a 335i. This forum has been of great help. the following is the quote from a North CA dealer. 335i: Prm Pkg, Sprt Pkg, Nav, Comfort Access, metallic paint Selling Price: $46,420. 36 mo lease, 12K miles per year Money Factor: .00255 Residual: 60% Monthly payment: $788.01 Drive-off cost: 2112.54( $45 documentation fee+ $825 Acquisition fee + $387 License Fee + 1st month payment+ tax) This deal was offered with mild negotiation efforts. This is my first time leasing. what do you guys think ?? The Car is physically NOT on the lot yet. The dealer estimated the car to arrive in about 6 weeks thanks
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I'm looking at leasing 07 328i Coupe. I was offered a monthly payment of $732 and here are the details: MSRP: $41,895 Balloon: $25,137 Cash Down: $1,500 Term: 36 months Miles: 12k/yr Residual: 60% Rate: 7% (w/BMW Financial) Amt. Financed: $44,069.03 Also, is the balloon my best option for a lower payment? Thanks! Kelly |
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Replying to: Car_man (Oct 08, 2006 4:15 pm) Are the rates for the 06 325i still 0.00225? What about residual for 36 mo? Also, what is the normal disposition fee? Will they tag that on at the end, or at the beginning? Will they try to milk you for that like the acquisiton fee?
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Okay, I am going in on Thursday (in SoCal) with the intent of driving home in a 2006 325i or 330i. I feel solid on the capital cost of the cars (near invoice), but I want to be sure or the current money factors and residuals. I've searched for them as to not be a bother but haven't seen them since a post a month ago. So, what are the current money factors and residuals? Also, if anyone could please post their recent SoCal leasing numbers for the 2006 325i and 330i it would be a HUGE help. Thanks so much in advance!!! |
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Replying to: achiever (Oct 17, 2006 3:25 pm) Do you have the money factors and residuals on 328xi and 335 coupes for 2 years 24/30K and 3 years 36/45? I will likely use ED, if that makes a difference. Thanks once again! ahdanna |
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Replying to: ahdanna (Oct 26, 2006 5:00 pm) |
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Replying to: ahdanna (Oct 26, 2006 5:00 pm) 2 yrs 15K miles= .00200 mf/70% residual 3 yrs 15K miles= .00200 mf/58% residual 4 yrs 15K miles= .00319 mf/45% residual add 2% to the residual value of the vehicle for 12K miles
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| How much will the money factor be affected by having a credit score of around 650? | |
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Replying to: robray222000 (Oct 27, 2006 12:49 pm) |
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