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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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#26 of 66 Re: Paid on a 135 2008 lease [Car_man] by PaulBD Jan 05, 2009 (4:40 pm)
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). Replies to this message: Car_man (Jan 06, 2009 2:43 am) PaulBD (Jan 06, 2009 10:20 am) Car_man (Jan 14, 2009 3:41 am)
#27 of 66 Re: Paid on a 135 2008 lease [PaulBD] by Car_man HOST Jan 06, 2009 (2:43 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: PaulBD (Jan 06, 2009 10:20 am) Car_man (Jan 14, 2009 3:41 am)
#28 of 66 Re: Paid on a 135 2008 lease [Car_man] by PaulBD Jan 06, 2009 (10:20 am)
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? Replies to this message: Car_man (Jan 14, 2009 3:41 am)
#29 of 66 $399 lease on 1 series convertible? by mjoppru Jan 08, 2009 (1:30 pm)
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)
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 Host 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)
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. Replies to this message: jlsellers (Jan 28, 2009 11:40 am)
#32 of 66 Re: Carman (or someone) help with final lease negotiations. [pilotnewbie] by jlsellers Jan 28, 2009 (11:40 am)
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)
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 Replies to this message: andy_martini (Feb 04, 2009 9:01 pm)
#34 of 66 Re: starting the lease process [andy_martini] by andy_martini Feb 04, 2009 (9:01 pm)
Replying to: andy_martini (Feb 01, 2009 8:40 pm) A recent update to my message:   I can't get their numbers to work.   MSRP - $38,000 Selling Price - $35,720 (the 6% they claim that is all they can remove out of the price) Money factor - "295". Waiting for them to clarify if this is .00295 or 2.95% Residual - 40% lease term 60 months   The price they state is $646 per month. When I run this in lease calculators I get a sub-$500 number. I'm sure there are bank fees, etc they aren't telling me about and I am looking for some insight as to what they are liable to come back with.   Also, how is it they can't 'get below $646' but Volvo can offer a C70 for the same term length, $42000 MSRP, $36000 Selling Price for $525?   I like both cars but the BMW is a little more sporty and may suit me a little more.   What am I missing? What do I need to ask them? Are the numbers above correct? Where can I challenge them to drive more out of the price?   One final note, when I built this car at bmw usa online, they have an option BMW Select that returns a payment of $496. But the dealer says over $700. Seems a bit like false advertising.   As mentioned above I'm in Memphis (tax is 9.25%). Should I look outside the city? State?   Can someone please help?
#35 of 66 Re: Paid on a 135 2008 lease [bethyg] by fivewheeler Feb 12, 2009 (9:00 pm)
Replying to: bethyg (Jan 05, 2009 4:23 pm) hey did you lease a 1 series yet? Replies to this message: andy_martini (Feb 12, 2009 9:29 pm)

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