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BMW 1-Series Lease Questions

227 messages,  Last post on May 05, 2013 at 6:03 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW 1 Series, Car Buying, Car Leasing, Coupe, Convertible

Messages Page 6 of 23

#51 of 227 Re: 128 convertible [Hi ] by Car_man HOST

Jun 04, 2009 (2:55 am)

Replying to: caren1 (May 27, 2009 2:44 pm)
Hi caren1. BMW's June incentives for the 2009 128i Convertible are fairly similar to what they were in June. The $750 is still there and its money factors / residual values are exactly the same.
 
As far as how much you should pay for this car goes, I am not intimately familiar with what the market is like for it right now. You may be able to get an idea of how much you should pay by visiting the "BMW 1-Series Prices Paid and Buying Experience" discussion.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#52 of 227 My lease quote by klynch06

Jun 13, 2009 (5:43 pm)

Hi,
 
I just left a BWW dealership in Boston. I was trying to lease a 128i convertible with automatic, heated seats and iPod. MSRP $37,025, Sale price, $34,750 they wanted $3,880 down (cap cost reduction) plus all fees, (PDI, Training, MACO) and taxes, he said my cost would be $330 a month plus taxes with 10k miles a year. I know you guys say never to pay cap costs and I really wanted 15k miles a year. He would not give me residual. or MF so I just left. Can you tell me what I should be paying a month without the capital cost reduction? I have also read on here there where security deposits I can pay to lower the monthly payment instead of a capital cost reduction, do you recommend that?
 
Thanks so much,
Keith

#53 of 227 lease question by jasonshaver

Jun 29, 2009 (12:07 pm)

After reviewing some information, I left a BMW dealership with some numbers that I wanted to run by someone to see if it sounded right. Below is the information.
 
MSRP 34475 (128i metallic paint and premium pkg only)
purchase price 33440
aquisition fee 925
Residual 59% at 36 months for 12K yr
money factor .00255
Lease Rebate Cash 750
Trade in value(paid for) 4500
NC tax 3%
 
And the dealer quoted me 410.xx a month, using only the 4500 down with the first payment included in that, no other out of pocket. Does that sound right? Any input greated appreciated!

#54 of 227 Re: lease question [jasonshaver] by tristing

Jun 30, 2009 (7:17 pm)

Replying to: jasonshaver (Jun 29, 2009 12:07 pm)
assume your 33440 is before all those listed below (acq, rebate, tax), then the 410 monthly pmt is about right.. I did a quick cal, and got 400.xx

#55 of 227 Re: My lease quote [klynch06] by Car_man HOST

Jul 02, 2009 (3:02 am)

Replying to: klynch06 (Jun 13, 2009 5:43 pm)
Hi Keith. I would be happy to use BMW's new lease program to calculate a sample lease payment on this car for you. According to my calculations, if you were to lease a 2009 BMW 128i Convertible that has an MSRP $37,025 and a selling price of $34,750 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $486.
 
If you have extra money laying around, using it to make multiple security deposits is a better way to reduce your car's monthly payment than making a capitalized cost reduction. BMW FS allows consumers to make up to seven additional deposits on leases, with each one reducing the money factor that is used to calculate their monthly payment by .00007.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#56 of 227 Re: My lease quote [Car_man] by klynch06

Jul 02, 2009 (6:58 am)

Replying to: Car_man (Jul 02, 2009 3:02 am)
Hi Car_man,
 
Thanks for the response, can you tell me the MF and residual's for July on a 128i convertible and if they are still offering any incentives. There was a $750 lease incentive for June I am not sure if is still available.
 
Thanks!
Keith

#57 of 227 Re: My lease quote [klynch06] by klynch06

Jul 06, 2009 (6:25 am)

Replying to: klynch06 (Jul 02, 2009 6:58 am)
Hi,
 
Based on a 3yr 45K miles lease again, Thanks!

#58 of 227 Re: My lease quote [klynch06] by Car_man HOST

Jul 13, 2009 (3:51 am)

Replying to: klynch06 (Jul 02, 2009 6:58 am)
You're welcome Keith. BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2009 128i Convertible with 15,000 miles per year are .00225 and 59%, respectively. The $750 cash incentive that you mentioned is still available on this car.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#59 of 227 Lease 2009 BMW 128i Coupe in NJ by luxcil66

Oct 12, 2009 (10:37 am)

Hi CarMan,
What is the October MF and Residual for 2009 BMW 128i Coupe, 36 months, 10K per year?
I am in New Jersey and looking to lease the car.
 
Thank you,

#60 of 227 Re: Lease 2009 BMW 128i Coupe in NJ [luxcil66] by Car_man HOST

Oct 19, 2009 (3:11 am)

Replying to: luxcil66 (Oct 12, 2009 10:37 am)
Here's the information that you're looking for, luxcil66. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 128i Coupe with 10,000 miles per year are .00200 and 60%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 6 of 23

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