BMW 3-Series Lease Questions

5171 messages,  Last post on May 21, 2013 at 8:20 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#5162 of 5171 Good Deal? by jeres8860

May 19, 2013 (1:09 pm)

Hi am looking to lease a new 3 series and am deciding on whether to go with a wagon or 335ix sedan.
I'm wondering if the deal below is good?
 
I was offered 654.07 +tax per month with 2279 down for:
 
- 335ix M package in Estoril paint.
- Premium, Cold Weather & Technology Packages
- Upgraded Harman Kardon sound
 
The MSRP is: 56 950 and I'm getting it for 53 159. 62% Residual. The money Factor is confusing as it's showing on the offer page as 1.79. If someone could clarify that, it would be a big help.
 
Any insight into this deal would be very appreciated.

#5163 of 5171 Re: 328ix Wagon Lease [mbz01] by jeres8860

May 19, 2013 (1:10 pm)

Replying to: mbz01 (May 15, 2013 3:42 pm)
HI MBZ01,
 
Can you please give the first name and dealership of the sales person you were working with that offered you the best deal?
 
Thanks in advance

#5164 of 5171 Re: 320i May LEASE #s [Car_man] by jrf7

May 19, 2013 (6:26 pm)

Replying to: Car_man (May 19, 2013 8:47 am)
Would those numbers be the same for the 320i xDrive?
 
Thanks!

#5165 of 5171 Re: 2013 bmw328xdrive [watch101] by ranjohn

May 19, 2013 (10:45 pm)

Replying to: watch101 (May 18, 2013 9:23 pm)
buddy, i'm looking for a car very close to yours. Can you tell me more detailes like Residual value and money factor you are using? Also which state you are from?

#5166 of 5171 Re: 2013 bmw328xdrive [watch101] by ranjohn

May 20, 2013 (7:37 am)

Replying to: watch101 (May 18, 2013 9:23 pm)
The reason I'm saying this is because I did the math myself and with round 3500 off the MSRP (including 1250), i'm still getting around 441-460 for the monthly payment. Am I missing something?? Did you use 64% as RV?

#5167 of 5171 Re: 335is convertible lease in NYC [Car_man] by tantrumxp

May 20, 2013 (3:02 pm)

Replying to: Car_man (May 19, 2013 8:53 am)
Hello car man. thanks for replying. Here are some numbers i got from the dealer
 
Trade amount is $9500
Doc Fee 398
Rebate $1500
Warr Upfront Y
Price 64980
GAP Upfront Y (does this mean they give me gap ins?)
Term 36/mo
Govt Fee $356
Rate .00127
Taxes $2451.11
ToT init pmt = $11,000
Residual $45418.75
 
In the end my payment is just my car and $501.34 per month.
 
what do you think? I want to trade in my car because there are alot for sale around my area, and I think this is the best decision for me.

#5168 of 5171 Re: 320i May LEASE #s [jrf7] by Car_man HOST

May 20, 2013 (3:09 pm)

Replying to: jrf7 (May 19, 2013 6:26 pm)
Yes they are, jrf7.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#5169 of 5171 Re: 320i May LEASE #s [Car_man] by jeres8860

May 20, 2013 (4:54 pm)

Replying to: Car_man (May 20, 2013 3:09 pm)
Hi Car Man
 
can you please let me know if this is a good deal on a 335ix
 
msrp: 56000
sale price: 52294
residual: 62%
down: 2270
MF: .00167
 
monthly payment of 687.94
 
I haven't done a credit check yet, but I get the feeling they want to keep the money factor at that level. not sure if they'll budge.
 
I'd really appreciate your thoughts on this deal.

#5170 of 5171 Re: 320i May LEASE #s [jeres8860] by swamee

May 21, 2013 (3:37 am)

Replying to: jeres8860 (May 20, 2013 4:54 pm)
Go to another dealer dude! Several here have done it. Thats a very steep 40 bp mark up. Make it clear marking up MF is non-negotiable/deal breaker. A dealer in Maryland did that to me & then they dropped it by 5 bp as a favor to me but thankfully I realized what was going on when I got on here & found another dealer who didn't indulge in those things

#5171 of 5171 Re: 320i May LEASE #s [swamee] by jeres8860

May 21, 2013 (8:20 am)

Replying to: swamee (May 21, 2013 3:37 am)
HI Swame,
 
Thanks for the insight.
 
I guess my confusion is, how do I know if I am top tier credit and if not, how do I know what my MF should be without the dealer trying to inflate it for their own profit. my credit score is around 750.
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