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BMW 1-Series Lease Questions

230 messages,  Last post on Jun 10, 2013 at 10:34 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 12 of 24

#105 of 230 Re: Money Factor and Residual Value for 2011 128i lease [emiami] by Car_man HOST

Jul 30, 2010 (2:34 am)

Replying to: emiami (Jul 29, 2010 9:14 am)
No problem Miami. The car that you are interested in probably has a spread of around $2,400 between its full MSRP and its dealer invoice price. The $1,500 dealer discount that you were quoted isn't bad. That probably puts you at around $1,000 over invoice.
 
If you shop around or haggle some more with this dealer, you might be able to shave another couple hundred dollars off of this deal, but again it's not bad.
 
Just make sure that the dealer is using BMW Financial Services' buy rate lease money factor to calculate your payment and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#106 of 230 2010 135 convertible by kabbalah

Jul 30, 2010 (9:29 am)

I bought rather than leased a new 135 convertible.Black with red interior, sport pkg, cold weather, auto, sport steering wheel, power seats,ipod & usb adapter. I would have liked parking sensors, navigation and satellite radio but c'est la vie. Sticker 47265. I paid 44410 plus tax. I bought because BMW gave me 72 months financing at 0.9%. I couldn't resist the almost no interest financing. After calculating the numbers back and forth, it didn't pay to lease. I also bought the BMW tire & wheel warranty which cost an additional 1295. It came in handy as I picked the car up out of state and I blew a tire at 2000 miles in Texas. These Bridgestone run flats are so stiff that without the tire monitor pressure system going off, I wouldn't have know that the tire was flat. It had zero pressure in it.

#107 of 230 Re: 2010 135 convertible [kabbalah] by dwynne

Jul 30, 2010 (5:14 pm)

Replying to: kabbalah (Jul 30, 2010 9:29 am)
They key point is this is a 2010 and not a 2011 (which are available everywhere now). They have 0.9% for 72 on the left over convertibles plus $1,500 in dealer money as well. If you can find a left over coupe, I think you can do 0.9% for up to 60 and the dealer gets $1,500 as well. For 2011, the rates are 1.9% for 60 and no dealer money.
 
I don't think BMW has a wheel and tire warranty, that is something the dealers foist on customers for extra profit. Depending on which tire blew and which tires came on the car, you could buy a replacement from TireRack for $275 to $340 - so a whole new set of 4 for less than you paid for the warranty. I would think a new tire with 2k on should not blow and the manufacturer should replace it under warranty as defective - unless you ran over something the blew the tire out.
 
I wish BMW would give us the option of a spare and normal tires - the run flats are way too much of a compromise in comfort and performance compared to the best "air required" tires.

#108 of 230 Waived security deposit MF increase? by dwynne

Jul 30, 2010 (7:39 pm)

If you get BMWFS to waive the security deposit on your lease, is it still a .00015 bump in the MF? The 135i buy rate is 0.00170 so would go to 0.00185 if they still use the same formula.
 
They waive this for "free" for current and past BMWFS customers, but I am not sure how recent of a customer you need to be to qualify.

#109 of 230 Re: Waived security deposit MF increase? [dwynne] by kyfdx HOST

Jul 31, 2010 (6:51 am)

Replying to: dwynne (Jul 30, 2010 7:39 pm)
Yes.. the MF bump to waive the security deposit is .00015
 
Obviously, you are better off making the deposit..
 
Not sure of how recently you have to be a customer, but for most other issues, it's between 60 days and 6 months...

#110 of 230 Re: 2010 135 convertible [dwynne] by kabbalah

Jul 31, 2010 (10:21 am)

Replying to: dwynne (Jul 30, 2010 5:14 pm)
Yes I know it's a 2010. I like cheap money. The tire and wheel is from BMW and not a third party warranty company. I think it is well worth the investment based on this experience and my previous 5 BMW's. Don't forget this covers me for 5 years including tires that are replaced. One pothole along with a damaged wheel and tire and you'll think otherwise.Here is a link to BMW regarding the policy. http://www.bmwusa.com/Standard/Content/Owner/BMWUltimateProtection/TireandWheelP- rotection.aspx

#112 of 230 Re: Money Factor and Residual Value for 2011 128i lease [Car_man] by dwynne

Aug 02, 2010 (6:24 pm)

Replying to: Car_man (Jul 30, 2010 2:34 am)
Just make sure that the dealer is using BMW Financial Services' buy rate lease money factor to calculate your payment and you're in business.
 
Maybe you or someone else could point to a BMW dealer that lets you have the buy rate, does not mark up the acquisition fee, and has a reasonable doc fee?
 
I have leased BMWs before, but this time every dealer I talk with is doing about a point over buy rate, jacking up the bank fee (by as much as $300), and has a $400 or more doc fee. They offer discounts ranging from $800 to $2,400 off MSRP (so far), but when you factor in the inflated numbers this deals are really not that hot. This is for an ordered 135i coupe - on a loaded up car the inflated MF alone is $30 or more a month on the payment (tax included) or over $1k on the term of the lease. If I have to travel too far or have to the car hauled to me, then I might as well pay the rip off inflated rate...

#113 of 230 press request by kirstie_h HOST

Aug 03, 2010 (8:55 am)

A reporter is looking to speak to consumers who recently got a new vehicle because of the great lease deal. Please send your daytime phone number and the car you purchased to ctalatiedmunds.com by Friday, August 6, 2010.
Thanks,
Chintan
Corporate Communications
Edmunds.com

#114 of 230 August lease numbers? by rjg001

Aug 04, 2010 (12:48 pm)

I know BMW has released its August lease numbers to dealers, but haven't seen them on any message boards yet. I'm probably going to lease a 135i for two years and I'm locked in for the July numbers if I want them, but just trying to figure out if the August numbers are any better. And I'm not sure I trust the quotes from my sales person.
 
Anyone have August 2010 residuals and money factors for 2011 1 series yet?

Messages Page 12 of 24

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