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BMW 3-Series Lease Questions

3225 messages,  Last post on Dec 08, 2009 at 3:05 AM

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


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#3137 of 3225
Re: First Time Leasing Questions [bmwine] by Car_man HOST
Oct 19, 2009 (2:32 am)
Reply

Replying to: bmwine (Oct 08, 2009 9:11 pm)

Hi bmwine. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Sedan with 15,000 miles per year are .00225 and 56%, respectively. The numbers for an otherwise identical lease of an '09 335i Coupe are .00165 and 57%. The numbers for an otherwise identical lease of an '09 335i Convertible are .00180 and 56%.
 
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
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#3138 of 3225
Re: BMW 2009 328xi [Car_man] by westportquay
Oct 19, 2009 (7:59 pm)
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Replying to: Car_man (Oct 19, 2009 2:20 am)

Hi Car_Man,
 
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.
#3139 of 3225
Re: So Cal BMW Incentives gone? [lngo] by Car_man HOST
Oct 20, 2009 (1:34 am)
Reply

Replying to: lngo (Oct 08, 2009 10:31 pm)

Hi lngo. To the best of my knowledge all of the cash incentives that you mentioned are still available in October. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2009 328i is .00220.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3140 of 3225
Re: oct rates for remaining 09 models [narcolo] by Car_man HOST
Oct 20, 2009 (1:39 am)
Reply

Replying to: narcolo (Oct 09, 2009 1:13 pm)

Here's the information that you're looking for, narcolo. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Convertible with 15,000 miles per year are .00180 and 56%, respectively.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#3141 of 3225
Re: 2006 330i Lease ending Oct. 26th [ivnd] by Car_man HOST
Oct 20, 2009 (1:49 am)
Reply

Replying to: ivnd (Oct 13, 2009 11:38 am)

Hi ivnd. Unfortunately the fact that you put several thousand dollars down when you signed your lease on this car will not have any impact upon its end of term purchase price. This car's purchase option is based upon a straight percentage of its full MSRP and it will be exactly the same regardless of whether you had put nothing down or $10,000 down.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#3142 of 3225
Re: Lease Deal [mgoblue4] by Car_man HOST
Oct 20, 2009 (1:51 am)
Reply

Replying to: mgoblue4 (Oct 13, 2009 12:25 pm)

Hello mgoblue4. $200 over dealer invoice is an excellent selling price for a leased 2010 328xi Sedan. Just make sure that the dealer that you are working with uses BMW Financial Services' buy rate lease money factor of .00225 to calculate your monthly payment and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3143 of 3225
Re: '09 328i Coupe MF and Residual Please [jsligh] by Car_man HOST
Oct 20, 2009 (1:56 am)
Reply

Replying to: jsligh (Oct 15, 2009 7:02 pm)

I'd be happy to help you out, jsligh. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 328i Coupe with 10,000 miles per year are .00150 and 61%, respectively.
 
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
#3144 of 3225
Re: 2009 328i Sedan Lease [sewarker] by Car_man HOST
Oct 20, 2009 (2:02 am)
Reply

Replying to: sewarker (Oct 17, 2009 10:53 am)

Hi sewarker. The money factor that you were quoted for this car is too high. BMW Financial Services' current buy rate for a 36 month lease of an '09 328i is only .00220. It appears as though the dealer that you are working with is marking your car's factor up to add additional back-end profit to your deal. If I was in the market for this car, I would insist that the dealer use the buy rate to calculate my monthly payment.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#3145 of 3225
Re: BMW 2009 328xi [westportquay] by Car_man HOST
Oct 20, 2009 (2:06 am)
Reply

Replying to: westportquay (Oct 19, 2009 7:59 pm)

BMW Financial Services' October buy rate lease money factor for the 2009 328xi Sedan is .00225. This factor would increase to .00240 for non-returning customers who wish to have their vehicle's security deposit waived. Anything over that and the dealer is attempting to mark your car's factor up to add additional back-end profit to your deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3146 of 3225
Re: BMW 2009 328xi [Car_man] by westportquay
Oct 20, 2009 (9:42 am)
Reply

Replying to: Car_man (Oct 20, 2009 2:06 am)

Given the figures I mentioned, what would the payments be at .00240? Is it a big difference vs. the .00255 that they've quoted me?
 
Thanks.

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