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BMW 3-Series Lease Questions

2358 messages,  Last post on Jul 05, 2008 at 2:44 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW, Car Leasing, Sedan, Wagon


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#987 of 2358
2007 BMW 328i Sedan (Extremely High MF???) by serefinah
Dec 11, 2006 (6:55 pm)
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Hi:
  
This is the first time I have considered leasing a vehicle. Need help on whether I am being railroaded with hidden costs. From reading your postings I think that my MF is the highest I seen in reading (these past few minutes)...and I am deeply concerned. I have been going back and forth between 2 dealerships (AL and GA). I am military and live in Georgia with access to my permanent Alabama addy for a home of record. Sale tax in GA is 7% and AL 4%... After playing a little hard ball with both dealers my local dealer in Albany. He contacts me after two days ...with the following for a 328i, w/ prem package, heated front seats:
  
MSRP: 36,454
Sales price: 34,700
Trade-in Value for 2003 4 x4 Nissan Pathfinder SE: 12,800
Balance due on Pathfinder: $15,777
So the neg equity:$ 2,977
BMW 328i lease is 36 mo/15,000 miles
Residual:61%
MF:.00247 or .00274 (can't remember which)
DP:4500 (includes tax, tag, title, fees, of which I think 2500 cap red, 350 security,).
  
Payment comes to roughly $525 per month.
  
Apologize for not having the exacts...I am going off a quote that I left on my desk at work. I was not aware that this site existed! HOPE YOU CAN HELP ME SOON... Scheduled to sit down with the saleperson tomorrow. Thanks.
  
Serefinah
#988 of 2358
Re: 2007 BMW 328i Sedan (Extremely High MF???) [serefinah] by vikvaliant
Dec 11, 2006 (9:05 pm)
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Replying to: serefinah (Dec 11, 2006 6:55 pm)

Take a look at those rates that someone posted in response to my post. There is also a good free excel spreadsheet that you can download here --http://www.carbuyingtips.com/download.htm to plug all the numbers into.
 
You can email me (jonathanbox2468.com) if you need help filling out.
#989 of 2358
Re: 2007 BMW 328i Sedan (Extremely High MF???) [serefinah] by tcn2k
Dec 11, 2006 (10:14 pm)
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Replying to: serefinah (Dec 11, 2006 6:55 pm)

That is high! you can do better. On a 328i, I got MF = .0023 and residual as 73% for 27 months with 12k miles and negotiated price of 1k over invoice.
 
1400.00 due at signing with monthly with utah tax as 425.00 per month.
 
For 36 months on 335i, I got MF = 0.00205 with residual of 63%. Negotiating the price right now so I can drive down my monthly. It's for a 12k miles a year too.
 
I am an aggresive negotiator plus I only own bmw's so I guess I got an advantage with the dealer that I solely work with. Anyone else who can get a better deal on the 335i, let me know soon since I too am in the market and about to order one.
 
The 335i MSRP that I want is 44,695. They would only want to lower it 1500 off msrp. Right now, I am still negotiating to get my payment down to 550.00 with 1400.00 due at signing. Breakdown is 1000 is deposit, 400 doc fees etc.
#990 of 2358
BMW M3 Lease by shady123
Dec 12, 2006 (1:50 am)
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Car_Man,
 
Do any dealerships actually lease out m3's or do they leave them out? If so what's the next step down and/or what's the christmas lease specials coming up?
#991 of 2358
Re: 2007 BMW 328i Sedan (Extremely High MF???) [tcn2k] by gs03ggw
Dec 15, 2006 (12:10 am)
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Replying to: tcn2k (Dec 11, 2006 10:14 pm)

I got a deal today as
328i with permium pkg + heated seat manual trans
MSRP 36745
residual 74%
27 mos / 10k per year
$2500 down
payment 289 per month
 
I think the MF is still high for this. This was quoted without much negotiations
#992 of 2358
07 335i by tcn2k
Dec 15, 2006 (8:12 am)
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So I am about to sign for a lease on a 335i. Here is the breakdown:
 
36 months / 12k miles
 
MSRP 44,695
down: 0
Monthly: 559+tax
MF: 0.00185
Residual Percentage: 63%.
 
Anyone got a better deal then this? I think this is the best deal so far that I had found.
#993 of 2358
Acquisition Fee by nyubxtr
Dec 17, 2006 (11:09 pm)
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Anyone needs to pay acquisition fee on a lease? I am leasing a BMW 335i and there is a $895 acquisition fee. I heard someone was able to get that knock off? Is that typical?
#994 of 2358
Re: 07 335i [tcn2k] by nyubxtr
Dec 17, 2006 (11:25 pm)
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Replying to: tcn2k (Dec 15, 2006 8:12 am)

Here is an offer I got from the dealership in Southern California. The deal is actually pretty close to yours.
 
36 months / 15k miles
 
MSRP: 45,295
Down: 0
Monthly Payment: 574.18 + tax
MF: 0.00165
Residual Percentage: 61%
#995 of 2358
Re: Acquisition Fee [nyubxtr] by tcn2k
Dec 17, 2006 (11:26 pm)
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Replying to: nyubxtr (Dec 17, 2006 11:09 pm)

Acquisition fees in MY experience ranges from 511-895.00 depending upon the dealer and which MF you got from them. It seems to me like they have to make their money one way or another. If you get a great MF, normally they won't negotiate the acquisition fee and vice versa in my experience. I think I ended up paying about 800 on mine, but the lease price was still unbeatable from other dealership in my area so I was ok with it.
#996 of 2358
Re: 07 335i [nyubxtr] by tcn2k
Dec 17, 2006 (11:31 pm)
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Replying to: nyubxtr (Dec 17, 2006 11:25 pm)

That is pretty close to mine. I actually got them to go down a bit more on my final closing today. The deal was this (so. cali deal):
 
MSRP: 44,695
Down: 0
Monthly: 550.00 + tax
MF: 0.00175
Residual percentage: 63%
 
for 36 months 12k miles.
 
Now the agony of waiting 2-3 months!

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