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Coupes & Convertibles BMW 318ti BMW 3-Series Lease Questions
3225 messages, Last post on Dec 08, 2009 at 3:05 AM
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Replying to: Car_man (Nov 06, 2009 3:20 am) How does the residual and/or MF change on the 2010 335xi if you go with 36 month but only 10,000 miles per year? Thanks for your help.
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Does anyone have current money factor/residual value for ordering (building) a 328i sedan? I've gotten different quotes from two different dealers. Have the MFs been stable? Any insight into trends/changes over the next few months? Are there any disadvantages to ordering besides a dealer's wish to reduce inventory? Thanks in advance.
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Have to turn in my Saab 9-3 in a month and am planning to go for a 3-series this time around. There are two BMW dealers in the Miami area (Braman and South). Am wondering about the best strategy to negotiate a good lease. Should I start with email inquiries? Should I deal with a salesman at both places and pick the best deal? Any thoughts on which model (between 328 and 335 models) is currently being most heavily promoted and discounted. Should I go for a 2009 model if any are available? Looking forward to the dialogue and will share my experiences as they occur. 
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| I have been waiting for this car for 2 months. My old 2007 335i was lemon lawed due to too many problems with the high pressure fuel pump BMW's are having on the turbo engines. So anyways, this beast just arrived at the port in Cali 11-20-2009. No clue on how long customs and getting it from Long Beach, CA to San Diego will take. Maybe 2 to 5 days is my guess considering I had the dealer put a priority 1 on the shipment from the preperation center. My question is I have a quote of $500 over invoice and a Money Factor of .00290. So if you times that by 2400 you would get 6.96% converted into an interest rate, That doesn't seem so bad. I am just wondering before I go pick up the car sometime next week....Should I be concerned about the money factor at all? This is a 2yr lease at 10K per year. Thank you for your time. | |
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Replying to: isamiami (Nov 20, 2009 11:27 pm) |
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Went to the dealer today to look at leasing my first car. I have a couple of questions to make sure I am getting a good deal. The car is a 2009 328i executive car with about 6800 miles on it. It has: Premium package Sport Package xeon headlights park distance sat. radio bluetooth heated seats and maybe a few more options. The sticker is 45,295 and they are offering it for 38,895. I think 38,895 for that car is a pretty fair deal. My questions come in on figuring out the lease... Residual is .55 however they want to take off an additional $2000 for the millage that is already on it. Is this normal? Or can I get them to forget that? In other words residual value should be around $24,900 but they have it as $22,900. Second is the money factor they offered was .0025 (I think). I should insist on .0021 right? Also is there any benefit to the dealer if I put money down? If not, why do they care if I want to put 0, 2000, or 10,000 down? Should I be able to get it with 0 down as a first time leaser if my credit is pretty good? Thanks is advance!
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| What kind of rates can one expect on a CPO lease? | |
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I am trying to understand the advertised lease for a 2010 BMW 328i X-Drive Sedan that is listed on BMW's website. It states that the lease is $369/mo (no tax or title) based on a MSRP of $39,650, $1500 cap reduction, $3500 down, and $24,583 residual. In trying to figure out what the money factor is to produce this deal, I come up with something between .0014 and .0015. Does that sound right, or am I missing something? I have tried to contact BMW finance to ask, but they will not tell me (stating that one must speak with a dealer).
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Hi Car_Man, Can you please provide me with the residual and mf for a 2010 328i and 335i RWD sedan for 36 month term and 10,000 miles? Thanks! |
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I got quoted $520 w/ 8.625 NY taxes included for: 10' 328xi Coupe (Alpine white/cream beige) steptronic cold weather sports pkg navigation power seats PDC BMW assist MSRP: 45,725 Invoice: 42,600 Dealer agreed to invoice and $2,800 (1,250 down, 725 bank fee, 1st month, etc...) out the door. Is this a good deal? |
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