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BMW 1-Series Lease Questions

230 messages,  Last post on Jun 10, 2013 at 10:34 PM

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

Messages Page 10 of 24

#82 of 230 July Rates by lionmilk

Jun 29, 2010 (10:59 am)

Replying to: Car_man (Jun 21, 2010 3:22 am)
Anybody know the "July 2010" lease rates for 2011 BMW 128 coupe for 3 10K/y years? I mean MF and residuals...
 
Additionally, I received this e-mail from the dealer stating they are under invoice pricing right now, saying: "As for invoice pricing, I am telling you the truth when I say that $33,614 is $1 below invoice on this car. All of the BMW dealers in northeast Ohio share a advertising budget that gets allocated to all of the cars in the region. This cost per car is the $430 difference you see. This money goes right toward the network of BMW dealers. $33,614 is truly $1 below my cost on the car."
 
ALSO, he said: "You are correct in stating that the acquisition fee is $725.00 I have mine at $925 because I have to show some profit to the dealership on the sale. We are below invoice pricing on the 128i for you because you are both an employee of (hidden) and also a loyal customer of (hidden). The extra $200.00 on the Acq. Fee is the only profit on the car."
 
The car he is talking about is a $36000 MSRP, which has the invoice of $33185 as Car_man indicated in #81. So, do you think the dealer says the truth? As long as we are OK on selling price, can he jack up the Acq Fee?

#84 of 230 Re: July Rates [lionmilk] by kyfdx HOST

Jun 30, 2010 (6:09 am)

Replying to: lionmilk (Jun 29, 2010 10:59 am)
July rates aren't out yet...
 
The dealer can jack up the Acq.fee....most of them do, and the max is $200.
 
He is probably telling the truth about the advertising fee, as well.. BMW calls it MACO.
 
Once you get the base rates for July, beware of money factor markups... The maximum markup is .0004, and most dealers take it... That's around $30/mo. more, if they take max markup..

#85 of 230 Breaking BMW News by Car_man HOST

Jul 02, 2010 (3:14 am)

Anyone who is familiar with BMW Financial Services knows that since the beginning of time it has used a pass / fail system for its lease approval process. Either consumers qualified for its best available rates or they could not lease through BMW FS at all...and your credit had to be pretty messed up for the latter to happen.
 
Yesterday BMW announced that BMW FS is introducing a tiered system for its lease program. Its rates now vary by credit tier, with the people with the best credit scores getting slightly better rates than what was available last month and much higher money factors for people with low credit scores.
 
I should be able to get the full details of this new program some time today. Please feel free to post your questions about it here and I'll gladly fill you in on what I am able to find out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#86 of 230 Re: Breaking BMW News [Car_man] by kabbalah

Jul 03, 2010 (2:31 pm)

Replying to: Car_man (Jul 02, 2010 3:14 am)
Did you get this info yet? i am trying to do a deal now on a 135 convertible or an X5 and this info would be very helpful. Thanks. Have a great 4th of July

#87 of 230 Re: Breaking BMW News [Car_man] by kabbalah

Jul 06, 2010 (6:38 pm)

Replying to: Car_man (Jul 02, 2010 3:14 am)
Car Man,
 
I am closing a deal on a 2010 135 convertible with a sport pkg. I have a couple of questions that perhaps you know the answer to..
 
1)The BMW Tire & Wheel Protection program. I was quoted $1289 for 60 m0nths. This is very high imo and I was wondering if you knew the actual dealer cost & m/u on this.
 
2) this car has the standard HD radio setup but I would like to flip it out for a Sirius satellite radio. I was told $1415 which is also very high as it is only a $350 factory option. Any suggestions?
 
thanks

#88 of 230 Re: Breaking BMW News [kabbalah] by Car_man HOST

Jul 07, 2010 (3:13 am)

Replying to: kabbalah (Jul 03, 2010 2:31 pm)
I certainly did, kabbalah. Wow you're trying to decide between a 135i Convertible and an X5. There's a huge difference between the two. Here's the latest info for you.
 
BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2010 135i Convertible with 15,000 miles per year are .00150 and 56%, respectively.
 
The numbers for an otherwise identical lease of a 2010 X5 3.0i are .00180 and 47%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#89 of 230 Re: Breaking BMW News [kabbalah] by Car_man HOST

Jul 07, 2010 (3:17 am)

Replying to: kabbalah (Jul 06, 2010 6:38 pm)
Ahhhh, kabbalah, I see that you went with the convertible. I don't know how much it costs the dealer, but I personally would pass on the tire and wheel protection anyhow.
 
Wow nearly fifteen hundred bucks to swap out a regular radio for satellite. Ouch. Have you tried to find a unit in stock that had satellite radio installed at the factory at this or a different dealer? $350 is a reasonable price, but $1,415 is nuts.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#90 of 230 135 lease deals by bg516

Jul 08, 2010 (2:04 pm)

I picked up a 2010 factory 135 convertible demo with about 1100 out the door, and i saved the 350 disposal fee on my 2007 x3 and the last month payment of 450 so i looked at the 1100 check i wrote as really about 300 0ut the door. now what did i get, a 48000 msrp car with 13000 mileson it with a cap cost of 37995 with a monthly of about 451 plus tax or about 482 total. this is for 36 months and 10 miles per year, oh yea, that drive off included the first month.
was this a great deal, yes and no, things being the way they are, i could have picked up the 2011 model at about 4800 list for about 485 plus tax or about 519 with a drive off of about 4500 to 5000, but what is the difference, a new double clutch and a single turbo. drove both, if i was buying i would have got the 2011, but on a lease, so what. i got the free service the full warranty for the total lease and a like new car from the bmw distributor through a big city dealer.
barry

#91 of 230 july MF & Resid 128 Convertible by nypayman

Jul 12, 2010 (8:16 am)

anyone know the current MF & Residual %
 
on a 128convertible 36 month lease10 miles, thank-you!

Messages Page 10 of 24

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