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Prices Paid: Buying & Leasing Experiences BMW 3-Series Lease Questions
3221 messages, Last post on Dec 06, 2009 at 1:34 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: wrenchrad (Nov 06, 2006 11:34 pm) 24 mo/15k mi = Residual 71% / .00190 Money Factor 36 mo/15k mi = Residual 61% / .00190 Money Factor 2007 328xi Sedan 24 mo/15k mi = Residual 71% / .00190 Money Factor 36 mo/15k mi = Residual 61% / .00190 Money Factor 2007 BMW 335 Series 335i Sedan 24 mo/15k mi = Residual 71% / .00150 Money Factor 36 mo/15k mi = Residual 61% / .00150 Money Factor 328xi coupe has a residual of 70% and a MF of only .001 which is extremely good.
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Replying to: riverripper (Nov 07, 2006 1:16 pm)
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Replying to: macar (Oct 28, 2006 5:22 pm) I am getting a lease quote on 328xi all wheel drive sedan with automatic transmission for $369/month. This is a 36 month lease, 30,000 miles allowed, $2500 cap cost reduction due at signing. Tax, first month, bank fee, mv fees additional. Is it a good deal? I am new to lease, what should I be looking for? Thanks, Appu
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Replying to: wrightrd (Nov 07, 2006 6:44 pm) 24 mo/15k = 69% Residual / .00175 Money Factor 36 mo/15k = 58% Residual / .00175 Money Factor 328i Coupe 24 mo/15k = 68% Residual / .00125 Money Factor 36 mo/15k = 58% Residual / .00125 Money Factor As for the above deal...You need to know what your cap cost is. Dont just go by the payment. Just like buying a car find out what they are charging you for the car. Then find out the money factor, try hard to get the base rate posted above. Make sure you do at least one security deposit to keep from paying an upcharge of .00015. Depending on your miles if you are going to be close to the 30K limit seriously consider going to 12K a year. The one percent is not a huge different in monthly payments but could save you from a big hit when you turn the car in at the end of the lease. The key numbers to look at are the Cap cost, the residual value of the car and the money factor...that is what will determine your monthly payment. The residual and money factor are set by BMW, the dealer can mark up the money factor though so try and get their buy rate. Let them make their money on money over invoice they are getting for the car. Also, putting money down on a lease can be a bad idea because if you get into an accident you are out that money. Leases come with gap coverage so you should look into doing multiple security deposits with that money. You can do up 7 and each one lowers the rate by .00007. So you can lower the rate by almost .0005 so you would be at .00141 |
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Replying to: riverripper (Nov 07, 2006 1:16 pm) If this is true, I believe this incredibly good money factor just made up my mind on what 3-series I want to lease. The MF is almost as good as the 0.0005 MF on my previous 2003 Audi A4 lease. |
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Replying to: theprogrammer (Nov 07, 2006 7:39 am) Here is my next question, I saw this beatiful certified pre-owned 2006 325i with premium, sports, cold weather etc with 10K miles on it and I think I can pull the price down to like approx $32K. If I decide to lease this vehicle, will I be able to get the advertised low MF?? Anybody know how much is the buy rate for a 36mo/12K lease for a certified pre-owned 2006 325i? I would really really appreciate someone giving me a feedback because I love the 3 series after driving it and would love to lease one!! Thx in advance!
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What is the current mf and residual on these for 36months? Hoping to get a good deal since its almost 07 and production stopped with the new 3 series models out. Thank you in advance
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Replying to: theprogrammer (Nov 12, 2006 4:12 am) Good luck. From all I've been told, its not a good idea to lease a used vehicle because its difficult to guage the residual value of one. With the low MF and reasonably high Residuals on the 335i, I suggest leasing a 335i sedan w/ Sports Package!!! You won't regret it. |
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My daughter and her husband leased a 2.5 X3 in 2004...3yr/30K mi lease. I know their lease payment is about $365/mo. I am considering buying the car when their lease expires. A) Will BMWFS allow me to buy the car for their residual? B) About how much could I expect the residual to be? C) I assume that if the answer to A is "no" ... they could buy the car and sell it to me...any problem with this? Thanks!
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