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2014 BMW 3-Series Lease Questions

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Comments

  • konacougkonacoug Kailua-KonaPosts: 165
    I would recommend against paying the extra down to bring the payment down. This is a lease and once you leave the lot, if anything happens to the car, you are out the down payment. Whatever you are putting down to de cap, use it toward MSD's. For each $450 MSD, it lowers your money factor by .0007, if you plug the number into the lease calculator on this forum, it is easy to figure out. You could even email your CA and request to re calculate the deal, take out the de cap and do the MSD's instead. It rounds up to the nearest $50 increment. So, for you either $450 or $400 per MSD. It is really a good return on your money. I did on my lease and saved about $40 per month, amounts to about $1400 over the lease.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,881
    edited December 2013
    2014 328i Sedan 36mo, 15K/yr lease
    .00125 MF and 58% residual
    $1250 Holiday cash and $500 lease loyalty

    I don't have the 2013 model information.

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • 2014 335xi GT 36mo, 15K/yr lease
    .00125 MF and 59% residual
    $750 Holiday cash and $500 lease loyalty

    2014 328xi Sedan 36mo, 15K/yr lease
    .00125 MF and 59% residual
    $1250 Holiday cash and $500 lease loyalty

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • 2014 320i Sedan 36mo, 15K/yr lease
    .00125 MF and 63% residual
    $500 Holiday cash and $500 lease loyalty

    I don't see a 320 GT, so, I'll assume 2014 328 GT
    .00125 MF and 59% residual
    $750 Holiday cash and $500 lease loyalty

    Add 2% to residuals for 12K/yr

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Was wondering if this is a good deal? 2014 335X drive, Estoril blue, black interior, nav, heated seats, premium. MSRP: 54825, negotiated price of 49500. lease of 36/12k of $545/month with 2232 first payment (includes first month+taxes+title+doc+registration). putting MSD down as well. Total Cost of lease comes out to 21307.

  • konacougkonacoug Kailua-KonaPosts: 165

    The Sell price is okay....but you are leaving out info, what is the money factor, acquisition fee. As far as assuming a lease, thru BMW FS, you submit an application with a $500 fee, of which $400 is refundable if they turn you down. The car is under warranty throughout the lease, so shouldn't really be any issues. But, I would do a careful inspection, for you will be liable for damage or excess miles, at lease's end..

  • The first lease deals was for a new 2014 car with a MF of 0.00125 and with the MSD it reduces to 0.00076 which comes out to a APR of 1.8%.. I rolled the taxes aquisition fee, doc, title into and first month payment into 2232. Thanks for your input.

  • Looking for some insight on 320i deals. Haven;t seen much discussion on this thread recently.

    Looking at a '14 320i, with sport and lighting. MSRP 36,5xx.

    What deals have you all got? I have top tier and will likely put MSDs down as well. I see the advertised deal at 279/.month, but assume there are better deals to be had, correct?

    Please advise, and thank you.

  • konacougkonacoug Kailua-KonaPosts: 165

    dduran1..the advertised deals are crap and require dealer participation. Plus you have to de cap the lease. They want over $5k down...you never want to put money down on a lease.

  • Thanks all.

    Definitely know to never put money down, but wanted to see what other deals are out there. mdc99 looks about right. A California dealer offered $750 below invoice, but I am waiting to see the numbers. Thanks all.

  • Can you share 36 month MF and residuals for a 2014 328 Diesel xDrive?

  • .00125 MF and 58% residual for 36 mo, 15K/yr lease

    Moderator - Prices Paid, Lease Questions, SUVs

  • nikhilauto13nikhilauto13 Posts: 4
    edited December 2013
    Does this deal sound ok? seems like i was overcharged for the acquisition fee as well($925).

    2014 320i with moonroof

    MSRP:34725
    Sale price: 31300
    Financed:31300
    Residual:65%
    Term: 36 months; 12,000/year
    Monthly Pay: 320+Tax(=348.63)
    Paid 1750(title,reg,doc, acquisition,1st month) at the time of signing the contract.
  • konacougkonacoug Kailua-KonaPosts: 165

    What was the money factor? the base is .00125..I am thinking that your payment is a little high. I am paying 340 per month on sell price of $35300, MSRP $39200, residual 63% and money factor .00076

  • dduran1dduran1 Posts: 4

    How does this look? Are these fees usually standard?

    Lender BMW Financial Services Term 36 Months Mileage 12,000/year Money Factor 0.76 Residual Factor 65%

    Selling Price $33,575.00 MSRP $36,925.00

    Total Capitalized Cost $33,575.00

    Residual Value $24,001.25 Total Depreciation $9,573.75 Capital Reduction $0.00 Monthly Depreciation $265.94 Monthly Rent $43.76

    Monthly Payment $309.70 Tax (9%) $27.87

    Monthly Payment + Tax $337.57

    License & Registration $353.00 Bank Fee $725.00 Documentation Fee $80.00 First Payment $337.57 Security Deposit $2,450.00

    Drive Off $4,018.02

    Trade Equity $0.00 Rebate $0.00

    Due at Signing $4,018.02

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,881

    Looks really good. Guessing you are in California?

    Moderator - Prices Paid, Lease Questions, SUVs

  • The money factor on my deal turns out to be 0.00148. I am thinking I was ripped off and now feeling the buyer's remorse :(

  • konacougkonacoug Kailua-KonaPosts: 165

    @nikhilauto13 said: The money factor on my deal turns out to be 0.00148. I am thinking I was ripped off and now feeling the buyer's remorse :(

    Yep, they took you....that is why I try to give good advice about leasing.... That is why, when you go into the dealer, it is so important to know all of the terms of the deal.... I don't know when you closed your deal, but you could contact your CA and let them know how unhappy you are regarding the jacked up money factor. Remember, the dealer survey is very important to these guys. Also, you could try this tact too...(if you have the cash) Ask him point blank why you weren't informed about the option to put down Multiple Security Deposits, to lower your MF and save you money.. Tell him you want to a new contract base mf, with MSD's.. it never hurts to ask.

  • konacougkonacoug Kailua-KonaPosts: 165

    dduran1 pretty solid deal...I think you might of gotten the selling price a little lower, especially, if you emailed the deal around. But, all in all not bad...

  • dduran1dduran1 Posts: 4

    Thanks. Haven't pulled trigger just yet. Anyone know new lease terms beginning tomorrow?

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