227 messages,
Last post on May 05, 2013 at 6:03 AM
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BMW 1 Series, Car Buying, Car Leasing, Coupe, Convertible
#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.
Car_man
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#173 of 227 Re: Residual & Money factor [Car_man]
by tagster
Jul 20, 2011 (10:52 am)
Hello Carman,
Thanks for the numbers.
If you don't mind, can you tell me the lease program for the 2012 models as well?
Are you talking about 1-series coupe $2500 down / 10,000 miles / monthly $379 ?
What would be the money factor and residual for this program?
Thank you very much!
#174 of 227 Re: 2011 128i Lease [socalh2oskier]
by socalh2oskier
Jul 22, 2011 (7:44 pm)
OOPS...typo--selling price on my 128i convertible was just UNDER $38k, not over. MSRP was $41,340. Selling price was $37,874.
#176 of 227 2012 135i Coupe
by fer1
Jul 27, 2011 (12:41 pm)
Hello Carman,
I can not match the numbers BMW posts in the lease offer for July for the 135i coupe; they have:
MSRP $42,725 (Premium Package & Double Cluth Transmission & $875 Dest. & Hand.)
Purchase option $25,635 (60%)
$2500 down / 10,000 miles / monthly $439 ?
I can not get the $439/month using 60% residual (same as them) and 0.0012 money factor (0.0009 for loyal customers doesn't work either).
Do you know if there is any cash incentive or price reduction?
Thanks in advance.
#177 of 227 Re: 2012 135i Coupe [fer1]
by kyfdx HOST
Jul 27, 2011 (3:50 pm)
Well.. .yeah... the ads don't tell you the dealer discount from MSRP...
In most BMW ads, it's about $1000 off ....
#178 of 227 Re: Residual & Money factor [tagster]
by Car_man HOST
Jul 31, 2011 (7:02 am)
You're welcome tagster. BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2012 128i Coupe with 10,000 miles per year are .00160 and 60%, respectively for consumers who qualify for its top credit tier.
This factor drops to .00130 for loyal customers.
Car_man
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Aug 10, 2011 (6:08 pm)
Hi Car_man,
I got a quote for 135i MT Coupe with Nav. and Premium pkg.
MSRP: $44,375.00 (included D&H $875)
Selling Price: $42,030.00
Term: 36 Months
Mileage: 12,000/year
Money Factor: 1.26
Residual Factor: 64%
Monthly Payment: $467.35
Tax (8.75%): $40.89
Monthly Payment + Tax: $508.25
License & Registration: $369.75
Bank Fee: $725.00
Documentation Fee: $45.00
First Payment: $508.25
Security Deposit: $3,850.00
Drive Off: $5,565.37
Do you think it is a good deal? Or it can go lower?
Thank you very much.
#180 of 227 Re: 2012 135i Coupe [crazyjojoe]
by Car_man HOST
Aug 11, 2011 (3:36 pm)
Hi crazyjojoe. BMW FS' current buy rate lease money factor for the 2012 135i Coupe is .00195. This factor drops by .00030 for loyal customers. I see that you are making additional security deposits. How many MSDs are you making? BMW FS provides a .00007 money factor reduction for each additional deposit. Make sure that the dealer is charging you the lowest possible money factor on your deal.
As far as the selling [rice goes, this car probably has a spread of around $3,500, give or take, between its full MSRP and its dealer invoice price. That probably puts you at a little over $1,000 over dealer invoice...which isn't bad. There's some room to play with there if you are in an area that has a decent level of competition and feel like shopping around, but again this deal isn't bad.
Car_man
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#181 of 227 Re: 2012 135i Coupe [Car_man]
by crazyjojoe
Aug 12, 2011 (12:00 am)
Hi Car man,
I am making 7 MSDs total. And this will(may) be my first BMW.
Thanks for you advise.
Joe