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BMW 1-Series Lease Questions

64 messages,  Last post on Nov 06, 2009 at 5:40 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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#1 of 64
BMW 1-Series Lease Questions by kyfdx HOST
Mar 19, 2008 (6:43 pm)
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Ask your 1-Series lease questions here!
#2 of 64
Re: BMW 1-Series Lease Questions [kyfdx] by drizzle10
Mar 24, 2008 (8:41 pm)
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Replying to: kyfdx (Mar 19, 2008 6:43 pm)

How much would I be able to negotiate on the cash due at signing? I was told at the first dealership $5000 w/ taxes and at a second dealership was told $4000.
 
The lease special currently on the 128 is $287/mnth w/ 10k and manual. I would like power seats ($975) automatic trans ($1200) and $15k. What would I expect to be paying monthly for this vehicle?
#3 of 64
Re: BMW 1-Series Lease Questions [drizzle10] by ilovedogs
Mar 25, 2008 (7:00 pm)
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Replying to: drizzle10 (Mar 24, 2008 8:41 pm)

"$287/mnth"
 
who has this "special"?
 
thanks!
#4 of 64
128 base lease by hairysoda
Mar 26, 2008 (2:20 pm)
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this weekend in the miami hearld
128 couoe not automatic and 10k mikes a year for 24 mths
$287/mth
i was also quoted for a 128 convertible that was on ebay today. this car has a msrp of $41000. he said with just first and inception $687/mth for 24 mths and 12k miles a year
 
im am gonna wait till this summer and then i feel bmw will put a good program on these cars
#5 of 64
Re: 128 base lease [hairysoda] by blov8r
Mar 30, 2008 (7:25 am)
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Replying to: hairysoda (Mar 26, 2008 2:20 pm)

Hairysoda: I just got back from Miami, and yesteday's Herald had all kinds of incredible lease prices advertised in the cars.com section, not only for BMW. On close inspection, however, the fine print essentially always had hefty "cash down at signing" numbers and were being quoted for very base cars. I have family in S. FLA and go there often ... and see these "bargains" every time I'm there. I keep looking for that special deal that I can't come close to matching here in AZ and have come up dry every time in the last 22 years.
 
That aside, I would happily pay $287 per month for 10K and 24 months but I'm willing to wager that the cash down would be in the $5K vicinity. Bart
 
BTW: For comparison, I'm presently leasing an Infiniti M35 with everything ... $51K msrp that I took when that car first hit the market exactly three years ago this week. With $2,500 cash down my lease is $600/month. Now shopping for the next car.
#6 of 64
To all Vet's Sales Tactics for bmw 135 by domrep1
Mar 30, 2008 (11:12 am)
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I believe that If you can make the negotiations
constructive we can both benefit! I have been doing extensive research and
I would need certain factors to proceed ie low money factor, high
residual, capitalized cost reduction, start negotiations at invoice price
etc...
                                             
Dealer response!!!
 
Thank you for your consideration. Rates and residuals are set by BMW and vary from model to model. The lower the miles allowed per year (10K) the higher the residual will be. Capitalized cost reduction is at your option. No one negotiates on a 135i and as for the 335i, I have a little wiggle room from MSRP. Invoice is not a starting point for negotiations.
#7 of 64
128/135 by ilovedogs
Mar 30, 2008 (5:23 pm)
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1. Invoice is an excellent starting point
2. 335's are available at 500-1000 over invoice anywhere
3. 135's are just ugly IMO (and to MANY others) - the ride and drive is similar to a Ford Mustang
4. lots of dealers have 135's on the lot that are NOT selling (too ugly, too rough, too crude and too close to a 335 in price)
#8 of 64
Dealers' lies by blov8r
Mar 30, 2008 (7:27 pm)
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4. lots of dealers have 135's on the lot that are NOT selling (too ugly, too rough, too crude and too close to a 335 in price)
 
We love dogs also, as an aside. Dealers are, by nature, lower than dogs in the food chain. They have something we hanker ... their vehicle. We have something they crave ... our dollars. Any dealer who says he's not willing to negotiate is a liar ... and on his way to losing his young franchise. Bart
#9 of 64
and on his way to losing his young franchise by ilovedogs
Mar 30, 2008 (8:13 pm)
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blov, dealers are worthless scum - all franchised dealers spend countless hours in weekly meetings on how best to screw the retail consumer. honesty is a foreign concept to them (all of them).
#10 of 64
Re: BMW 1-Series Lease Questions [drizzle10] by Car_man HOST
Mar 31, 2008 (1:34 am)
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Replying to: drizzle10 (Mar 24, 2008 8:41 pm)

Hi drizzle10. Technically BMW is not running any special leases on the 1-Series right now. Anyone who wants to lease one through BMW Financial Services will have to use its standard lease money program. I believe that BMW FS' buy rate standard lease money factor is currently around .00260.
 
As far as how much you will have to pay at lease signing to lease a BMW goes, I always advise consumers to pay as little as possible. It is not really a good idea to make a large capitalized cost reduction when leasing. Consumers who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. You would be better off not making any sort of cap cost reduction on your lease, even though it means that your monthly payment will be a little higher. All you have to pay at signing on a lease through BMW FS are your car's first month's payment, its $625 acquisition fee, a security deposit that's equivalent to your monthly payment rounded up to the nearest $50 increment, and any state taxes or fees. You can even roll the acquisition fee into your car's capitalized cost to make it part of your monthly payment if you want. Also, BMW FS will waive its security deposit requirement in exchange for an increase of .00015 in the money factor that's used to calculate your car's payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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