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2014 BMW 3-Series Lease Questions

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  • danguy426danguy426 Posts: 4

    @konacoug said: If they CA gave you an itemize list of all of the costs, the deal itself shouldn't change. However, the finance guy will try to sell you all kinds of wheel insurance, dent protection, windshield protection, insurance and any other crap they try and peddle to you. The Finance guy, will use all kinds of scare tactics to sell this junk to you.

    When I did my deal last summer, the CA didn't tell the finance guy I was going to use MSD's and he literally threw a fit. He made me go meet with the sales manager and the CA. I told them, it was in my emails to the CA and they actually made the CA go check. If I hadn't flown into LA from Hawaii, I would've just walked from my custom ordered car. I had already paid to ship it back to Hawaii and had a transport truck on the way to pick up the car. So, we start doing the paperwork and he asks for $1000 more than I had estimated.... I asked him, did you give me credit for my deposit?? He told me, he didn't realize I had put $1000 down for the orderWhat a moron or crook, take your pick....Oh, and he also was highly agitated that I wouldn't buy any of his products. The point of all this...know your deal before you walk into the finance room and just say no to all the crap they try to sell you!!

    Good points you made above. I just went over my paperwork for the car that i should be receiving in 2 weeks and i noticed two overcharges on the contract. They overcharged me for the license plate fees (280 for new plates vs 100 if im using my old plates from my trade in) also i put down a 500 dollar deposit which was not factored in/out of the down payment

    I have also heard the horror stories of the hard selling of the silly add on's for the car. I'll get my "no" face on the day i go to pick up the car and finalize the deal

  • I ended up securing a deal 2 days ago.
    Bmw 328xi
    Premium package and cold weather. Keyless entry.

    Msrp $44,825
    Sales price $41,000
    Tax title registration plus first payment
    $2000

    Monthly payment
    $420

    Thanks to everyone here.
  • MichaellMichaell ColoradoPosts: 6,380

    @the1nonly1339 said: I ended up securing a deal 2 days ago. Bmw 328xi Premium package and cold weather. Keyless entry.
    Msrp $44,825 Sales price $41,000 Tax title registration plus first payment $2000
    Monthly payment $420
    Thanks to everyone here.

    Congratulations! Enjoy your new car.

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  • Hey all, looking for a 2014 328ix...Msrp 47925. Is it at all possible to get the car for 41.5 including the 1500 bonus cash (in other words 43 negotiated and then apply the incentive)?

  • brianbbbrianbb Posts: 9

    Hello I'm looking for the MF and Residual value for a 320i RWD. Thanks- Brian

  • kyfdxkyfdx Posts: 29,836

    @brianbb said: Hello I'm looking for the MF and Residual value for a 320i RWD. Thanks- Brian

    .00130 MF and 61% residual for 36mo, 15K/yr. $500 option credit.

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  • patk96patk96 Posts: 7
    What is current residual and MF for 2014 335i?
  • MichaellMichaell ColoradoPosts: 6,380

    @patk96 said: What is current residual and MF for 2014 335i?

    .00130 MF

    what lease term and miles per year?

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  • patk96patk96 Posts: 7
    null
    36/15k
  • MichaellMichaell ColoradoPosts: 6,380

    @patk96 said: null 36/15k

    60%

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  • marcin1786marcin1786 Posts: 3

    hi all,

    Looking to secure a lease for the 2014 328d x drive. Here's what they offered me...

    36 month 15k miles per year Monthly Payment (includ tax) $438 Total Due at Delivery $1,485 MSRP: 43,075

    Is this a good deal or do I have some more room?

  • MichaellMichaell ColoradoPosts: 6,380

    @marcin1786 said: hi all,

    Looking to secure a lease for the 2014 328d x drive. Here's what they offered me...

    36 month 15k miles per year Monthly Payment (includ tax) $438 Total Due at Delivery $1,485 MSRP: 43,075

    Is this a good deal or do I have some more room?

    what is the negotiated selling price?

    base MF is .00130 and the residual is 59%

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  • nyccarguynyccarguy Stamford, CTPosts: 7,770

    I shouldn't be asking this question, but I'm going to anyway: how does the MSD program work? Each SD you give them lowers the mf by how much?

    328xd - 59% - .0013 36/12K

    2001 Prelude Type SH, 2011 Pilot EX-L 4WD, 2015 Subaru Legacy 2.5i Premium

  • MichaellMichaell ColoradoPosts: 6,380

    @nyccarguy said: I shouldn't be asking this question, but I'm going to anyway: how does the MSD program work? Each SD you give them lowers the mf by how much?

    328xd - 59% - .0013 36/12K

    each SD reduces the MF by .00007. max 7 SD's for a total reduction of .00049. that takes down the MF to .00081.

    each SD is the payment rounded up to the next $25.

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  • nyccarguynyccarguy Stamford, CTPosts: 7,770
    edited June 21

    Big difference

    3.12% to 1.94%

    Are my calculations correct?

    • MSRP = 44,750
    • Invoice = 41,210
    • Selling Price = $37,960 (invoice minus $3,250 in rebates)
    • Cap Cost Reduction = $165
    • 59% residual .0013 mf = $399.90 + $25.39 tax ($425.29)
    • $400.00 x 7 = $2,800 MSD
    • 59% residual .00081 mf = $368.44 + $23.40 tax ($391.84)
    • $33.45 per month savings x 36 months = $1,204.20 difference
    • $500.00 BMW CCA rebate would be my 1st payment plus a tank of fuel:)

    Hmmm. I know, I know. Stay away from the BMW dealer:)

    2001 Prelude Type SH, 2011 Pilot EX-L 4WD, 2015 Subaru Legacy 2.5i Premium

  • MichaellMichaell ColoradoPosts: 6,380

    @nyccarguy said: Big difference

    3.12% to 1.94%

    Are my calculations correct?

    • MSRP = 44,750
    • Invoice = 41,210
    • Selling Price = $37,960 (invoice minus $3,250 in rebates)
    • Cap Cost Reduction = $165
    • 59% residual .0013 mf = $399.90 + $25.39 tax ($425.29)
    • $400.00 x 7 = $2,800 MSD
    • 59% residual .00081 mf = $368.44 + $23.40 tax ($391.84)
    • $33.45 per month savings x 36 months = $1,204.20 difference
    • $500.00 BMW CCA rebate would be my 1st payment plus a tank of fuel:)

    Hmmm. I know, I know. Stay away from the BMW dealer:)

    And, you get the $2800 back at the end of the lease. nice return on investment!

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  • marcin1786marcin1786 Posts: 3

    @Michaell said: what is the negotiated price?

    $37,315 Again the deal was 15k per year. $438 per month $1485 due at signing. Do I have anymore room?

  • MichaellMichaell ColoradoPosts: 6,380

    @marcin1786 said:

    with your numbers, i calculate a pre-tax payments of $412.12/mo for 36 months, 15K miles.

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  • Marcin, where did you get that price?

  • marcin1786marcin1786 Posts: 3

    So the additional 30 bucks or so is taxes. Is that the best I am going to find?

    White Plains, NY

  • Im new to this forum and there have been great responses and very knowledgeable people. As I read what people are shopping around for, I dont seem to be offered the same lease options. The lease that I keep seeing is with a $3,000 down payment, yet everyone keeps posting that their offers dont require a downpayment?

  • MichaellMichaell ColoradoPosts: 6,380

    @bmwinmyfuture said: Im new to this forum and there have been great responses and very knowledgeable people. As I read what people are shopping around for, I dont seem to be offered the same lease options. The lease that I keep seeing is with a $3,000 down payment, yet everyone keeps posting that their offers dont require a downpayment?

    The advertised offers usually require a down payment. If you wish to have $0 down, then the payment will increase accordingly - for a 36 month lease, it would be $83/mo.

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  • nyccarguynyccarguy Stamford, CTPosts: 7,770
    edited June 21

    @marcin1786

    How many dealers have you shopped? That's the only way to know if you are getting the right price. There are a bunch in our area. 3 in Westchester, 1 in Rockland, we've even got a couple here in Fairfield County (just be wary of the expensive conveyance fees & adjust your numbers accordingly).

    2001 Prelude Type SH, 2011 Pilot EX-L 4WD, 2015 Subaru Legacy 2.5i Premium

  • hpcljhpclj Posts: 6
    edited June 23

    All, looking for advice on what this group feels is a reasonable lease deal for a 328xi with Premium Package and Cold Weather Package. Would also need 15,000 annual miles included on a 36 month lease. I have been quoted a selling price of $40,350 but want to lease. Thanks in advance for your thoughts and advice.

  • MichaellMichaell ColoradoPosts: 6,380

    @hpclj said: All, looking for advice on what this group feels is a reasonable lease deal for a 328xi with Premium Package and Cold Weather Package. Would also need 15,000 annual miles included on a 36 month lease. I have been quoted a selling price of $40,350 but want to lease. Thanks in advance for your thoughts and advice.

    .00130 is the base MF for the 328xi .... 36/15 residual is 59%. $1500 lease cash also available

    The selling price should be a good starting point for your lease negotiations as well.

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  • hpcljhpclj Posts: 6
    edited June 23

    Thanks for the info but can you walk me through the formula and calculation? I am new to this. Thanks and sorry for the trouble.

  • MichaellMichaell ColoradoPosts: 6,380

    @hpclj said: Thanks for the info but can you walk me through the formula and calculation? I am new to this. Thanks and sorry for the trouble.

    There are some good articles here at Edmunds that can provide a primer on leasing, and lots of calculators available as well. We can help validate the numbers you find and negotiate.

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  • hpcljhpclj Posts: 6
    edited June 24

    OK, so here is my deal and I am interested in any feedback available. Talking about a 2014 328i with xDrive with Metallic Paint, Premium Package, Cold Weather Package and 15K miles annually. $440 monthly payment for 36 months and $0 cap cost down. $2,600 due at signing which includes only first paymant, tax, tags and $750 acquisition fee. Is that a decent deal?

  • MichaellMichaell ColoradoPosts: 6,380

    @hpclj said: OK, so here is my deal and I am interested in any feedback available. Talking about a 2014 328i with xDrive with Metallic Paint, Premium Package, Cold Weather Package and 15K miles annually. $440 monthly payment for 36 months and $0 cap cost down. $2,600 due at signing which includes only first paymant, tax, tags and $750 acquisition fee. Is that a decent deal?

    What is the MSRP and selling price?

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  • gigabertzgigabertz Posts: 3
    edited June 24

    Hello all. Looking for feedback on my current offer for a 328i GT for a 36/12k:

    • MSRP: 50675
    • Sell Price: 45870
    • MF: 0.00130
    • Res: 63%

    • Monthly: 531.22

    • Acquisition: 725

    • Fees & Insurance: 525 (Not sure what this is? Is this the same as the Doc fee?)
    • Upfront Taxes: 70.44
    • 1st month: 531.22
    • Driveoff: 1851.66

    Seems like a good deal to me, but wondering if I have any more wiggle room here. Any suggestions?

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