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Coupes & Convertibles BMW 1-Series BMW 1-Series Lease Questions
66 messages, Last post on Nov 23, 2009 at 4:10 PM
You are in the BMW 1-Series Forum. Your Host is claires
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Replying to: bethyg (Jan 05, 2009 4:23 pm)
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Replying to: fivewheeler (Feb 12, 2009 9:00 pm) The banks for BMW and Volvo made leasing really unattractive. Low residuals and lots of up front fees drove the price up and dealers can only take so much out. The BMW Select program gives a payment like a lease, but at the end you have to either pay the balloon (residual) or finance the balloon so it's a gamble if the car is not good at retaining value, but leases are too. At least in this option, you are buying the car and the rates were much better. Plus they are paying the first two months. And it came with 4 years maintenance. I was able to build my own car online at bmwusa.com and get to different price points which returned the payment. It made a big difference because the dealers had no choice but to get there. Apparently the online site doesn't put in a lot of dealer markup so it gives you some leverage. In the end they make money I got the car at the price I was willing to pay. Econ at work. |
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what is the current residual, money factor for 36months/10k miles? location is NJ.
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Replying to: agni (Feb 20, 2009 11:56 am) *Numbers curtesy of Leasecompare via bimmerfest.com
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Replying to: qbrozen (Feb 20, 2009 12:51 pm)
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Replying to: agni (Feb 20, 2009 1:44 pm) If you are a returning leasee, I believe there may be some loyalty cash available. You can try reading this
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well the lease rates for 135i conv/coupe are around 260-280 which is pretty high. they have strong residuals (50% +) on 36 month standard leases and i've been checking on a forum and the last 4 months have seen high 260-280 lease rates on this car... all in all even with nothing out of pocket except bank, sec, first, and taxes rolled into payment you are taling 650+ on a loaded 135 convertible which is crazy for a sub 50k car car. any info on 3rd party MF for this car??? if the money factor was more appealing it would be worth it. i'd rather wait till either the MF comes down or another car piques my interest since money is very cheap now and 6.5% interest rate on a lease is highway robbery in my book. this is by no means an "exotic" car or something special like an s5 or r8 that dictates such a high money factor. |
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Replying to: qbrozen (Feb 20, 2009 3:23 pm) MSRP 32450 selling 30450 $437/month inlcuding tax for 10K 36 months zero down is this a good deal? |
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Hello, What is the current residual, money factor for 36months/10k miles? location is CA for: 128i Coupe 135i Coupe Thanks!
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Replying to: jack1784 (Feb 25, 2009 6:08 pm)
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