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BMW 1-Series Lease Questions

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

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

Messages Page 17 of 24

#153 of 230 Re: 135/128 coupe with maximum security deposit? [blakers] by Car_man HOST

Mar 22, 2011 (4:24 pm)

Replying to: blakers (Mar 13, 2011 7:59 am)
Hi blakers. BMW Financial Services' normal buy rate lease money factor for a 36 month lease of a 2011 128i Coupe is .00135. The buy rate for the 135i Coupe is .00120.
 
Lower this factor by .00030 for loyal customers.
 
I believe that you can lower it by .00007 for every additional security deposit that you make, up to a maximum of seven. That's what the MSD program was like the last time that I checked. I'm not sure if the MSD restriction applies to the state that the vehicle is leased in or your place of residence, but I suspect that it is the latter. If that is the case, then you wouldn't be able to take advantage of it
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#154 of 230 April deals by lamusic

Apr 03, 2011 (5:35 pm)

Hi Car_Man
 
Can we get info on the April program please? For the 128 convertible, 10k miles/year what is the best lease deal right now? Can I please have the residual and MF for 24 months, 36 months and if they have a 27 mo. or 39 mo. deal that too please?
 
Are their any incentives or dealer cash?
 
Thank you so much for your help - Im going to make a decision this week and the info you provide makes it easy and makes me confidant that I'm making a good deal. I really appreciate it!!!

#155 of 230 Re: April deals [lamusic] by Car_man HOST

Apr 05, 2011 (4:26 pm)

Replying to: lamusic (Apr 03, 2011 5:35 pm)
Hi lamusic. BMW Financial Services' April buy rate lease money factor and residual value for a 24 month lease of a 2011 128i Convertible with 10,000 miles per year are .00120 and 67%, respectively for consumers who qualify for its top credit tiers.
 
The numbers for an otherwise identical 36 month lease are .00120 and 59%.
 
The money factors for loyal customers are .00030 lower.
 
I don't believe that BMW is running 27 or 39 month leases on this car right now.
 
BMW is currently providing $1,000 dealer cash on this car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#156 of 230 bank fee by lamusic

Apr 05, 2011 (10:42 pm)

Car_Man - thanks for your help.
 
I negotiated a fair selling price but when I go to negotiate the lease terms the dealer is adding on a "bank fee" of $725. What is this? Is it non-negotiable like a destination fee or is it a silly dealer trick?

#157 of 230 Re: bank fee [lamusic] by kyfdx HOST

Apr 06, 2011 (4:08 am)

Replying to: lamusic (Apr 05, 2011 10:42 pm)
"Bank fee" is another name for acquisition fee... $725 is the base fee for BMWFS. The bank (BMWFS) allows dealers to markup this fee by an extra $200 for extra profit, if they wish...
 
Just about every bank charges an acquisition fee on a lease..
 
regards,
kyfdx

#158 of 230 Re: bank fee [lamusic] by skobola

Apr 06, 2011 (6:52 am)

Replying to: lamusic (Apr 05, 2011 10:42 pm)
If you do not mind, please let me know what kind of deal did you get. I have recently leased a 128i Convertible with MSRP of $40,400 for $454 + $1100 out of pocket. I do not see this is an especially good deal, but provided that the new 2012 128i will be much more expensive to lease, I went with it, although I did not have time to actually negotiate a better deal. Any comments, anyone?

#159 of 230 Re: bank fee [skobola] by kyfdx HOST

Apr 06, 2011 (2:23 pm)

Replying to: skobola (Apr 06, 2011 6:52 am)
term and mileage allowance?
 
Does it include tax? (if so, how much of the payment is tax?)

#160 of 230 Re: bank fee [kyfdx] by skobola

Apr 10, 2011 (9:27 am)

Replying to: kyfdx (Apr 06, 2011 2:23 pm)
10k miles/year, payment is w/o tax. I know that it is not the best deal, but I was very picky with colors, and there were no space greys around w/ Bluetooth available, therefore I went for it.

#161 of 230 Re: bank fee [skobola] by kyfdx HOST

Apr 10, 2011 (10:09 am)

Replying to: skobola (Apr 10, 2011 9:27 am)
Doesn't seem like a bad deal... The 1-series convertible has a strong lease program, so that is going to give you a reasonable payment, as long as you don't get taken..
 
I really like the 1-series... it was in strong consideration as my next car, when I was shopping a year ago...

#162 of 230 Re: bank fee [kyfdx] by skobola

Apr 10, 2011 (2:22 pm)

Replying to: kyfdx (Apr 10, 2011 10:09 am)
Well, as I said, I really did not have much choice, provided that space greys were pretty rare. Therefore, I had to take the automatic, premium package, heated seats, grey wood, all of which I did not actually need, which certainly did increase the price and therefore the payment. However, provided that the new 2012 was about $80 more per month and did not have any of the above mentioned additions, I went for this one. It seems that it is good to lease a Bimmer in California, as they appear to be discounting them much more than here on the East Coast.

Messages Page 17 of 24

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