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2013 and earlier BMW 3-Series Prices Paid and Buying Experience



  • sbedi88sbedi88 Posts: 10
    Can you show me how you are coming up with the $437/month+tax? I keep getting 474/month+tax. Here is how I calculated it:

    MSRP: $42,250
    Capitalized Cost: $40,200
    Residual (62%): $26,195
    Money Factor: 0.00129

    Monthly depreciation charge:
    ($40,200 - 26,195.90)/36 = $389.03

    Monthly finance charge:
    ($40,200 + 26,195.90) x 0.00129 = $85.65

    Base rate:

    I wish this base rate was $437! Maybe I am calculating this wrong. Could you please tell me how you came up with this?
  • You said in your earlier post that MSRP was $43,145, not $42,250. Also, I thought you mentioned that you were leasing for 36 months with a 12k mile allowance. If I'm not mistaken, residual for 12k miles is 64%, not 62%.
  • sbedi88sbedi88 Posts: 10
    The MSRP is 42,250 without the destination charge ($895). Does the destination charge get factored into the car when you are calculating the residual?

    I got the residual values from ridewithg dot com which states that the residuals for this month are 62%... I don't what mile allowance they are using for that value.
  • IF you read the bottom of that website

    2013 BMW 328i Sedan xDrive
    36 Month – Residual 62% of MSRP – .00129 Base Rate

    To calculate residual values for 12k miles/yr please add 2%. For 10k miles/yr, please add 3%.

    So the RESIDUAL for 12K is going to be 64%. That website is giving quotes for 15K miles and expects you to add 2% if you want 12k miles/yr
  • It's a good point regarding the destination charge. you would think that a destination charge should not be factored into the car's residual value. But I think that it does get factored in. I'm pretty sure that if it's included in the MSRP, it's also included in the end-of-term residual value. I may be wrong, but that's how I've been calculating my monthly-payment estimates; and the dealer's numbers jibed with mine.

    As brooklynaudi states, the residual for 12k miles is 64%. Car man and others on this forum are kind enough to provide updated money factors and residuals every month. Search the forum for up-to-date figures.
  • jasonmdbmwjasonmdbmw Posts: 117
    The destination charge does get factored into the residual value.
  • sbedi88sbedi88 Posts: 10
    So I ended up going with the imperial blue 328xi luxury line with cold weather, premium pkg, drivers assistance pkg, Nav, and bmw apps. They included rubber mats and 2 coffee mugs. Msrp 51345, negotiated price of 48200. Leased for 525 a month for 36 months/12k with 2880 due at signing (taxes, bank fees, plate fees, first months payment). I am happy with the negotiated price (around $600 over edmunds invoice) and I am very happy with the car. I've owned many luxury cars in the past (mostly Japanese luxury - Acura and Infiniti and Mercedes) and the craftsmanship of the interior and the exterior are outstanding. The dealership I bought from is in Akron, Ohio and I think they have been ranked the top bmw dealership in Ohio in the past. The manager and salesmen are phenomenal and know what they're talking about. They go out of their way to make sure you get the best deal on your car and if you have a trade in they will likely give you a value close to KBB. Highly recommended. But again, if you're leasing, make sure you don't tell them that until you have negotiated a fair price on the car. Same with the trade in, wait til the end to mention that.

    Thank you all for your help!
  • flightnurseflightnurse 35K feetPosts: 1,590
    So what was the residual and money factor? For 2800 out of pocket and $525/m you did very good!
  • sbedi88sbedi88 Posts: 10
    Thanks! It was actually a very easy process too. The lease agreement has no loopholes and is very clear cut. There is only a 350 disposition fee at lease end if you don't lease another bmw or buy the one you leased. I am very pleased. The money factor was 0.00129. No multiple security deposits. The residual was based on 64% making the amount 33052.80 based off an MSRP of 51345.
  • dchabitantdchabitant Posts: 21
    Congratulations! That's excellent. Some might be paying invoice or below. I don't think it's worth the time or the effort to fight for that. Even if, after a great deal of haggling and cross-shopping, you managed to get another $600 off--that translates about $200 on your lease.

    I think $600 over invoice is very fair, both to you and to the dealer. (That's basically what I shot for and ended up getting.) Glad he was upfront with the fees and didn't try to pad the MF.

    A little jealous that you already got your ride. Mine's only getting here first week of June.

    Glad if I helped in any way.
  • chaozz1chaozz1 Posts: 49
    Hey Car Man whats May MF on 3 series
  • swameeswamee Posts: 32
    edited May 2013
    So after 7 deposits the best MF is 0.78? Have there been any changes to residuals for 3 series in May?
  • montinomontino Posts: 1
    edited May 2013
    Got a quote 521/month $3,700 out of pocket 36 months msrp $49,695
    Sport line
    Heated seats
    19' wheels

    Is this a good deal?
  • flightnurseflightnurse 35K feetPosts: 1,590
    I do not think your MF is .078, it would be more like .0078 or .00078.
  • jasonmdbmwjasonmdbmw Posts: 117
    Residuals are the same and MF would be .00078 after the 7 MSD's
  • zoombie99zoombie99 Posts: 124
    We can't tell without the purchase price (which the lease is based on). You also need to check out the invoice.
  • jss9jss9 Posts: 2
    Hi ,

    Can you pls share the dealership and sales person's name - we are also in Ohio and looking to buy one
  • sbedi88sbedi88 Posts: 10
    Dave Walter BMW in Akron. The salesperson's first name is Robert. Let me know how it goes. Good luck!
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