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Sedans BMW 3-Series BMW 3-Series Lease Questions
3222 messages, Last post on Dec 06, 2009 at 9:54 PM
You are in the BMW 3-Series Forum. Your Hosts are pat & karens
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Replying to: bmwine (Oct 08, 2009 9:11 pm) The numbers for 36 month, 15k leases of the '09 M3 Sedan, Coupe, and Convertible would all have a money factor of .00280, but their residual values would be 49%, 50%, and 47%, respectively. The residual values for leases with 10,000 miles per year would be 3% higher. These cars' cash incentives vary from $1,000 to $2,500 by region, though there is no cash on the M3. If you tell me what state you are in I should be able to give you an idea of what the specific allowances are in your neck of the woods. As far as how much you should pay for these cars goes, try stopping by the "BMW 3-Series Prices Paid and Buying Experience" discussion for feedback on that topic. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Oct 19, 2009 2:20 am) Ok...here's where I am on this thing. I'm being told that the money factor is .00255 which still seems a little high. Maybe it's because I'm not a returning BMW customer. I'm now putting down $2500.00. 59% residual. I'm being told that payments will be $459.00. They are throwing in the floor mats. MSRP at $38,850.00 Edmunds lists the invoice price as being $36,000.00. It lists TMV as $33,096.00. MSRP $38,850.00 $36,380.000 wholesale - 1250 dealer rebate = $35,120.00. Total Cap Cost Reduction = $2230.26 Net cap cost is $32,856.15 What do you think? Thanks again. |
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Replying to: lngo (Oct 08, 2009 10:31 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: narcolo (Oct 09, 2009 1:13 pm) BMW Financial Services' current buy rate lease money factor and residual value for a 30 month lease of a 2009 Z4 35i with 15,000 miles per year are .00090 and 63%. You never mentioned how long you want to lease for or what mileage allowance you need so I had to make some assumptions. Let me know if you want something different. BMW is currently providing a $2,500 cash incentive on leases of the 2009 335i Convertible and $3,000 on leases of the 2009 Z4. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: ivnd (Oct 13, 2009 11:38 am) It's difficult to say whether BMW Financial Services will be willing to negotiate your car's purchase option price. More often than not banks won't, but it wouldn't hurt to place a call directly to them to see if they would be willing to work with you. If your initial contact at the bank isn't willing to do so, you can always work your way up the ladder to a manager to see if you get any better results. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: mgoblue4 (Oct 13, 2009 12:25 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jsligh (Oct 15, 2009 7:02 pm) This money factor is the same for returning BMW FS customers, but the security deposit will be waived at no additional charge for returning lessees. The $2,000 cash incentive is all that is available on leases of this car for both returning or non-returning customers. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: sewarker (Oct 17, 2009 10:53 am) The car that you described probably has a spread of around $3,250 between its full MSRP and its dealer invoice price. Add to this the $1,000 cash incentive that is currently available on leases of it and you have a total of around $4,250 to play with in your negotiations. That puts the capitalized cost that you mentioned at around $1,100 over dealer invoice. That's not a bad deal, but if there is a decent level of competition in your area you may be able to beat it by a couple hundred dollars by shopping around. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: westportquay (Oct 19, 2009 7:59 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Oct 20, 2009 2:06 am) Thanks. |
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