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BMW 1-Series Lease Questions

67 messages,  Last post on Nov 30, 2009 at 11:16 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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#18 of 67
New lease rates by traderb
Sep 03, 2008 (8:04 am)
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hi car man, do you have the new residuals, rates on the 1 series convetibles? 135 specifically?
#19 of 67
Re: New lease rates [traderb] by Car_man HOST
Sep 05, 2008 (1:44 am)
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Replying to: traderb (Sep 03, 2008 8:04 am)

Hi traderb. BMW is not currently providing lease support on any 1-Series models. Interestingly though, it did introduce a new special financing program which provides a rate of 2.9% for up to 5 years on the '08 135i Convertible this month.
 
If you choose to lease this car through BMW Financial Services, you will have to use its standard lease program. BMW FS' standard lease money factor varies by region, but it is probably around .00270 on average right now. Its 36 month, 15,000 mile per year residual value for the '08 i35i Convertible is 56%. This residual is 2% higher on leases with only 12,000 miles per year.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#20 of 67
'08 135 Convertible by MLB999
Nov 30, 2008 (9:13 am)
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car_man or anyone else with insight....
 
Our dealer has two '08 135 convertibles left
 
MSRP on one is $49,500 (loaded) - it was a demo - has 5,000 miles on it
 
MSRP on the other is $45,000
 
Looking to put the minimum down on a 36mo, 15K lease
 
Any thoughts on what we should be paying?
#21 of 67
Re: '08 135 Convertible [MLB999] by Car_man HOST
Dec 01, 2008 (2:53 am)
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Replying to: MLB999 (Nov 30, 2008 9:13 am)

Hi MLB999. I am not personally all that familiar with what the market is like for the 135 Convertible right now, but I suspect that it is like most of the auto industry at the moment...soft. If I was in the market for this car right now and I lived in an area that has a decent level of competition, I personally would shoot for a selling price that's as close to dealer invoice as possible, particularly on the demo model. You can look up these cars' exact dealer invoice prices over in the New Vehicle Pricing section of Edmunds.com.
 
Once you have a selling price, let me know and I would be happy to crunch some numbers for you to give you an idea of what sort of monthly payment these cars will have.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#22 of 67
Paid on a 135 2008 lease by ZoneMobJ
Dec 17, 2008 (7:53 am)
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Hi -
 
This is what i just got:
 
135i Steel Grey
Premium Package
Sport Pack (includes M steering)
Navigation
Heated Seats
Xenon Lights
Ipod Package
compass
 
$453 per month + Tax with Approx $3500 down
 
By the way....I live in LA and everyone is driving a 3 series so there is a bit of the rareness factor - secondly...the car drives like a beast so the ugliness is not an issue for me
#23 of 67
Re: Paid on a 135 2008 lease [ZoneMobJ] by PaulBD
Jan 04, 2009 (6:34 pm)
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Replying to: ZoneMobJ (Dec 17, 2008 7:53 am)

Hi everyone,
 
This is Paul a newbie to this forum. I live in the Bay Area. My lease on a 2007 Z4 will be up in a couple months, and I'll be looking forward to leasing a 1 series coupe, premium, sport, blue-tooth, stick shift, minimum down payment, 10K miles a year, 24 months. Anyone has an idea what would be approximate monthly payment? Thanks in advance for chiming in.
 
Wishing you all a Happy New Year!
#24 of 67
Re: Paid on a 135 2008 lease [PaulBD] by Car_man HOST
Jan 05, 2009 (3:48 am)
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Replying to: PaulBD (Jan 04, 2009 6:34 pm)

Welcome PaulBD. I would be happy to use BMW's actual lease program to work up a sample payment on the exact car that you are interested in for you. However, in order to do so I need you to provide me with its MSRP and approximate selling price first. You can look up the MSRP and invoice price (which would suffice) over in the New Vehicle Pricing section of Edmunds.com. Let me know what these figures are and I'll crunch some numbers for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#25 of 67
Re: Paid on a 135 2008 lease [ZoneMobJ] by bethyg
Jan 05, 2009 (4:23 pm)
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Replying to: ZoneMobJ (Dec 17, 2008 7:53 am)

Hey there -
 
Is the above what you paid for the 135 or ? My car lease is up next month and am looking at either getting another Audi or leasing a 128 or 135 convertible. I would love to know what people are paying for their leases. I am in Los Angeles also.
 
Thanks!
#26 of 67
Re: Paid on a 135 2008 lease [Car_man] by PaulBD
Jan 05, 2009 (4:40 pm)
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Replying to: Car_man (Jan 05, 2009 3:48 am)

Hi Car_man,
 
Thanks for the response. From both Edmund's New Car Pricing, such a 2009 car with the options I like (manual, black sapphire metallic, sport, premium, heated front seats and steering, bluetooth, destination charge) is quotaed at $42,875 (MSRP) and $39,445 (invoice).
#27 of 67
Re: Paid on a 135 2008 lease [PaulBD] by Car_man HOST
Jan 06, 2009 (2:43 am)
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Replying to: PaulBD (Jan 05, 2009 4:40 pm)

No problem, PaulBD. According to my calculations, if you were to lease a 2009 BMW 135i Coupe that has an MSRP of $42,875 and a selling price of $39,945 ($500 over invoice...it may be a tad optimistic, but why not aim high) through BMW Financial Services right now for 24 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $644.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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