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BMW 1 Series, Car Buying, Car Leasing, Coupe, Convertible
#163 of 227 Feels like a bad deal. Help Please.
Apr 18, 2011 (1:22 am)
I am looking at a new 2011 135i coupe lease. It's slim pickings here in Washington. The dealer is quoting $4000 due at signing. $550 a month w/tax, over 36 months with 15,000 miles per. It's equipped with M pack, premium pack, heated seats, satellite radio, 7 speed auto. I have been looking online and I have seen much lower priced deals. Especily given the advertised lease deal through BMW's site. This is not even in the same ballpark. I don't have the money factor or lease end purchase price, but the price of the car is approx. $42,000 on the lease. Any and all help would be greatly appreciated. Thanks in advance.
#164 of 227 Re: '08 135 Convertible [MLB999]
May 12, 2011 (6:04 am)
I think in Germany you can get those cars quite cheap and don't have to save that much money. I can play online games instead of working cause I will buy my BMW in Bayern.
#165 of 227 135 coupe great deal
May 12, 2011 (3:06 pm)
I just got a lease for 135 coupe msrp 42,095. Selling 36500. Is this a good deal.
They said the offer is below invoice...like 1500 hundreds. please advise. 12k mile, drive off 1750 and I can put max 7 security dept if I want to buy down rate...
May 15, 2011 (11:22 pm)
On last day of April I leased a 128i convertible. MSRP is $41340. Negotiated price down to just over $38k--approximately $750 under invoice plus stupid BMW advertising fees.
Put $2900 down plus registration and lease fees. Lease payment w/o tax is $364 per month for 36 month lease with 10k miles per year. Residual is 59%. Money factor was .00120.
Was seriously looking at VW GTI, but rear-wheel drive, plus high residual for BMW made it more attractive. The lease payment on the 128 convertible was actually almost $100 per month less than a fully loaded GTI, even though the GTI has an MSRP of only $31k ($10k less than the 128).
#167 of 227 Re: How to find an available 128i Covertible? [skobola]
May 15, 2011 (11:29 pm)
Got to www.bmwusa.com. It will list all the dealers in your state, with website for each. Then you click on each website individually and you can see what each dealer has in stock. This is how I found my car--very tedious, but much better than relying on a salesman who is supposedly "searching" for you. I had two different salespeople at different dealerships who were supposedly looking for a car with the color combo/options I wanted, and neither found the car I ultimately purchased. I found it at a dealer less than 30 miles from me by spending several hours going through each dealer's inventory. Depending on what state you live in, this might not take long at all--I am in California, so there are a lot of dealers.
#169 of 227 Re: How to find an available 128i Covertible? [socalh2oskier]
May 19, 2011 (3:39 pm)
Socalh2oskier, I did it through cars.com, which actually lets you choose colors, and which was important to me as I wanted Space Grey with terracotta. Of course, there were none such cars, and therefore I have chosen one with gray leather instead. Luckily, I also got heated seats, and for about $455 per month.
#171 of 227 Residual & Money factor
Jul 18, 2011 (9:31 am)
Do you know 2011 July's 128 coupe & convertible's residual value and money factor?
I'm thinking of 36months / 12k a year-
Thanks in advance-
#172 of 227 Re: Residual & Money factor [tagster]
by Car_man HOST
Jul 18, 2011 (4:00 pm)
Hello tagster. BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2011 128i Coupe with 12,000 miles per year are .00195 and 51%, respectively for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical lease of an '11 128i Convertible are .00195 and 51%.
These cars' money factors are .00030 lower for loyal customers.
The lease program for the 2012 1s is better than this right now.
Prices Paid: Buying & Leasing Experiences Forum