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BMW 1-Series Lease Questions

66 messages,  Last post on Nov 23, 2009 at 4:10 PM

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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#24 of 66
Re: Paid on a 135 2008 lease [PaulBD] by Car_man HOST
Jan 05, 2009 (3:48 am)
Reply

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 66
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 66
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 66
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
#28 of 66
Re: Paid on a 135 2008 lease [Car_man] by PaulBD
Jan 06, 2009 (10:20 am)
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Replying to: Car_man (Jan 06, 2009 2:43 am)

Thanks a lot Car_man. May I practically hope that in 2 or 3 months the MSRP and invoice numbers would be lower still?
#29 of 66
$399 lease on 1 series convertible? by mjoppru
Jan 08, 2009 (1:30 pm)
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Orange County Register - (CA) - Irvine BMW was advertising a $399 +TTL lease on a loaded 135 Convertible (prem, sport, auto, etc) for 36 mo, 10K mi with about $3500 down.
 
Anybody seeing this too?
 
Sweetheart deal I think on a $50K rig.
#30 of 66
Re: Paid on a 135 2008 lease [PaulBD] by Car_man HOST
Jan 14, 2009 (3:41 am)
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Replying to: PaulBD (Jan 06, 2009 10:20 am)

You're very welcome, PaulBD. Generally speaking, vehicles' MSRPs and dealer invoice prices go up as time passes, not down. I heard that BMW raised its prices slightly on a number of models on January 1st, but I don't know off of the top of my head if the 1-Series was one of them.
 
Having said this, vehicles' actual selling prices usually trend downward as the model year progresses.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#31 of 66
Carman (or someone) help with final lease negotiations. by pilotnewbie
Jan 27, 2009 (7:20 am)
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I am currently in the throws of negotiating a lease with local BMW dealer.
Its a 2008 135i convertible. Pretty much loaded. Dealer says lease rates are much better on the 2008's. They have located the car I wanted (options, colors, etc.) at another dealership.
 
What they are offering:
 
MSRP $50,950 - I confirmed this on Edmunds.com
 
Negotiated Price $47,800
Cost to ship to my local dealer is included in neg. price. (i think they said $500.00)
 
Money Factor .0007
36-month, 10,000 mile (3rd car wont be driven great amount)
Residual 59%
 
Out of pocket at signing... $1,643.00. First month. + doc fees+security deposit + misc. Security deposti of $700.00 seems high?
 
They are charging me $925 acq fee from BMFS!!!??? Is this legit. Can I get them to waive or further drop the negotiated price. Didn't look like there were many customers around last week.
 
Is this a good deal. Seem like it if I compare to MF/residual guidelines and other deals I am seeing.
 
Any help/advice is appreciated.
#32 of 66
Re: Carman (or someone) help with final lease negotiations. [pilotnewbie] by jlsellers
Jan 28, 2009 (11:40 am)
Reply

Replying to: pilotnewbie (Jan 27, 2009 7:20 am)

The buy rate on the lease is .0005 and the Acq. Fee is $725, so the dealer is marking both of these rates up to the maximum allowed by BMWFS, This is negotiatble. I would insist on them using the .0005 rate.
#33 of 66
starting the lease process by andy_martini
Feb 01, 2009 (8:40 pm)
Reply
I am thinking of leasing a BMW i128 convertible.
 
the dealer's price with options is $38,900.
The Edmunds skinny is :
 - $35,050 Invoice,
 - $37,286 TMV
I would like to get the payment to $520/mo or less. I have great credit.
 
I live in Memphis, Tennessee. The dealer here has no competitors.
1) is this monthly payment possible?
2) if possible, what do I need to challenge them on? (right now they are quoting $575/mo) - price, money factor, all above?
 
Is a longer term lease the option?
if they won't negotiate, and if you think this payment (or a lower one) is possible what should I do as a next step? Look in neighboring states?
 
What about the BMW select finance option (low payment but balloon at the end)?
 
Cheers

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