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BMW 1-Series Lease Questions

56 messages,  Last post on Jul 02, 2009 at 6:58 AM

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

What is this discussion about? BMW 1 Series, Car Buying, Car Leasing, Coupe, Convertible

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#47 of 56 Re: Dealers' lies [blov8r] by gardencar1 Apr 21, 2009 (5:28 pm)
Replying to: blov8r (Mar 30, 2008 8:27 pm) You are out of your mind if you think the 135i is too ugly or too rough. It is one of the best looking convertibles out there! As far as comparing it to the 335i, they are apples and oranges. If you need more passenger space, get the 335. If you just need a rush and have no need for space, get the 135. In fact, with the top down, the 135i has an edge in usable trunk space.   I drove both and although both are beautiful, I chose the 135i because it was faster, better handling, nine inches shorter and better looking, IMO.   The reason it may not be selling as well in certain areas, is because it definitely is a luxury item. In this economy, many people are looking to be practical and cannot or will not consider a fun, weekend car.   By the way, I have met some sleazebag salesmen. However, many of the sales people I've dealt with are actually quite decent and helpful. You need to do your research and be knowledgeable about the vehicle you are intending to buy. Don't expect the salesperson to feed you unbiased information. After all, they need to make a living, too.
#48 of 56 135i Lease rate by cc12359 May 04, 2009 (11:25 pm)
Can anyone tell me the buy rate to lease 135i convertible this month? Any incentives from BMW to the dealer? I was quoted: MSRP: 50778 Cap: unknown MF: .0025 drive off 3800 36 months 30,000 miles total 608+ tax sounds pretty high to me. Please help Replies to this message: Car_man (May 13, 2009 4:14 am)
#49 of 56 Re: 135i Lease rate [cc12359] by Car_man HOST May 13, 2009 (4:14 am)
Replying to: cc12359 (May 04, 2009 11:25 pm) Hi cc12359. Here's the information that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 135i Convertible with 10,000 miles per year are .00250 and 62%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#50 of 56 128 convertible by caren1 May 27, 2009 (2:44 pm)
Car_Man (or any helpful opinions)   I am getting ready to lease a 2009 128 convertible. I am aware of the $750 cash incentive for the lease. Are there any other incentives I should be looking for? Is invoice an appropriate price at the current time? I have not seen many postings about this car, so any help is appreciated. Thanks Replies to this message: Car_man (Jun 04, 2009 2:55 am)
#51 of 56 Re: 128 convertible [Hi ] by Car_man HOST Jun 04, 2009 (2:55 am)
Replying to: caren1 (May 27, 2009 2:44 pm) Hi caren1. BMW's June incentives for the 2009 128i Convertible are fairly similar to what they were in June. The $750 is still there and its money factors / residual values are exactly the same.   As far as how much you should pay for this car goes, I am not intimately familiar with what the market is like for it right now. You may be able to get an idea of how much you should pay by visiting the "BMW 1-Series Prices Paid and Buying Experience" discussion.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#52 of 56 My lease quote by klynch06 Jun 13, 2009 (5:43 pm)
Hi,   I just left a BWW dealership in Boston. I was trying to lease a 128i convertible with automatic, heated seats and iPod. MSRP $37,025, Sale price, $34,750 they wanted $3,880 down (cap cost reduction) plus all fees, (PDI, Training, MACO) and taxes, he said my cost would be $330 a month plus taxes with 10k miles a year. I know you guys say never to pay cap costs and I really wanted 15k miles a year. He would not give me residual. or MF so I just left. Can you tell me what I should be paying a month without the capital cost reduction? I have also read on here there where security deposits I can pay to lower the monthly payment instead of a capital cost reduction, do you recommend that?   Thanks so much, Keith Replies to this message: Car_man (Jul 02, 2009 3:02 am) klynch06 (Jul 02, 2009 6:58 am)
#53 of 56 lease question by jasonshaver Jun 29, 2009 (12:07 pm)
After reviewing some information, I left a BMW dealership with some numbers that I wanted to run by someone to see if it sounded right. Below is the information.   MSRP 34475 (128i metallic paint and premium pkg only) purchase price 33440 aquisition fee 925 Residual 59% at 36 months for 12K yr money factor .00255 Lease Rebate Cash 750 Trade in value(paid for) 4500 NC tax 3%   And the dealer quoted me 410.xx a month, using only the 4500 down with the first payment included in that, no other out of pocket. Does that sound right? Any input greated appreciated! Replies to this message: tristing (Jun 30, 2009 7:17 pm)
#54 of 56 Re: lease question [jasonshaver] by tristing Jun 30, 2009 (7:17 pm)
Replying to: jasonshaver (Jun 29, 2009 12:07 pm) assume your 33440 is before all those listed below (acq, rebate, tax), then the 410 monthly pmt is about right.. I did a quick cal, and got 400.xx
#55 of 56 Re: My lease quote [klynch06] by Car_man HOST Jul 02, 2009 (3:02 am)
Replying to: klynch06 (Jun 13, 2009 5:43 pm) Hi Keith. I would be happy to use BMW's new lease program to calculate a sample lease payment on this car for you. According to my calculations, if you were to lease a 2009 BMW 128i Convertible that has an MSRP $37,025 and a selling price of $34,750 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $486.   If you have extra money laying around, using it to make multiple security deposits is a better way to reduce your car's monthly payment than making a capitalized cost reduction. BMW FS allows consumers to make up to seven additional deposits on leases, with each one reducing the money factor that is used to calculate their monthly payment by .00007.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: klynch06 (Jul 02, 2009 6:58 am)
#56 of 56 Re: My lease quote [Car_man] by klynch06 Jul 02, 2009 (6:58 am)
Replying to: Car_man (Jul 02, 2009 3:02 am) Hi Car_man,   Thanks for the response, can you tell me the MF and residual's for July on a 128i convertible and if they are still offering any incentives. There was a $750 lease incentive for June I am not sure if is still available.   Thanks! Keith

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