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BMW 1-Series Lease Questions

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  • kyfdxkyfdx Posts: 27,985
    term and mileage allowance?

    Does it include tax? (if so, how much of the payment is tax?)

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  • skobolaskobola Posts: 207
    10k miles/year, payment is w/o tax. I know that it is not the best deal, but I was very picky with colors, and there were no space greys around w/ Bluetooth available, therefore I went for it.
  • kyfdxkyfdx Posts: 27,985
    Doesn't seem like a bad deal... The 1-series convertible has a strong lease program, so that is going to give you a reasonable payment, as long as you don't get taken..

    I really like the 1-series... it was in strong consideration as my next car, when I was shopping a year ago...

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  • skobolaskobola Posts: 207
    Well, as I said, I really did not have much choice, provided that space greys were pretty rare. Therefore, I had to take the automatic, premium package, heated seats, grey wood, all of which I did not actually need, which certainly did increase the price and therefore the payment. However, provided that the new 2012 was about $80 more per month and did not have any of the above mentioned additions, I went for this one. It seems that it is good to lease a Bimmer in California, as they appear to be discounting them much more than here on the East Coast.
  • onefor1onefor1 Posts: 1
    edited April 2011
    I am looking at a new 2011 135i coupe lease. It's slim pickings here in Washington. The dealer is quoting $4000 due at signing. $550 a month w/tax, over 36 months with 15,000 miles per. It's equipped with M pack, premium pack, heated seats, satellite radio, 7 speed auto. I have been looking online and I have seen much lower priced deals. Especily given the advertised lease deal through BMW's site. This is not even in the same ballpark. I don't have the money factor or lease end purchase price, but the price of the car is approx. $42,000 on the lease. Any and all help would be greatly appreciated. Thanks in advance.
  • sigi1sigi1 Posts: 3
    I think in Germany you can get those cars quite cheap and don't have to save that much money. I can play online games instead of working cause I will buy my BMW in Bayern.
  • qa888qa888 Posts: 2
    I just got a lease for 135 coupe msrp 42,095. Selling 36500. Is this a good deal.
    They said the offer is below invoice...like 1500 hundreds. please advise. 12k mile, drive off 1750 and I can put max 7 security dept if I want to buy down rate...
  • socalh2oskiersocalh2oskier Posts: 8
    edited May 2011
    On last day of April I leased a 128i convertible. MSRP is $41340. Negotiated price down to just over $38k--approximately $750 under invoice plus stupid BMW advertising fees.

    Put $2900 down plus registration and lease fees. Lease payment w/o tax is $364 per month for 36 month lease with 10k miles per year. Residual is 59%. Money factor was .00120.

    Was seriously looking at VW GTI, but rear-wheel drive, plus high residual for BMW made it more attractive. The lease payment on the 128 convertible was actually almost $100 per month less than a fully loaded GTI, even though the GTI has an MSRP of only $31k ($10k less than the 128).
  • Got to www.bmwusa.com. It will list all the dealers in your state, with website for each. Then you click on each website individually and you can see what each dealer has in stock. This is how I found my car--very tedious, but much better than relying on a salesman who is supposedly "searching" for you. I had two different salespeople at different dealerships who were supposedly looking for a car with the color combo/options I wanted, and neither found the car I ultimately purchased. I found it at a dealer less than 30 miles from me by spending several hours going through each dealer's inventory. Depending on what state you live in, this might not take long at all--I am in California, so there are a lot of dealers.
  • skobolaskobola Posts: 207
    Socalh2oskier, I did it through cars.com, which actually lets you choose colors, and which was important to me as I wanted Space Grey with terracotta. Of course, there were none such cars, and therefore I have chosen one with gray leather instead. Luckily, I also got heated seats, and for about $455 per month.
  • tagstertagster Posts: 2
    edited July 2011
    Hello Carman,

    Do you know 2011 July's 128 coupe & convertible's residual value and money factor?
    I'm thinking of 36months / 12k a year-

    Thanks in advance-
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited July 2011
    Hello tagster. BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2011 128i Coupe with 12,000 miles per year are .00195 and 51%, respectively for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical lease of an '11 128i Convertible are .00195 and 51%.

    These cars' money factors are .00030 lower for loyal customers.

    The lease program for the 2012 1s is better than this right now.

    Car_man
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  • tagstertagster Posts: 2
    Hello Carman,

    Thanks for the numbers.
    If you don't mind, can you tell me the lease program for the 2012 models as well?
    Are you talking about 1-series coupe $2500 down / 10,000 miles / monthly $379 ?
    What would be the money factor and residual for this program?

    Thank you very much! :) :)
  • OOPS...typo--selling price on my 128i convertible was just UNDER $38k, not over. MSRP was $41,340. Selling price was $37,874.
  • fer1fer1 Posts: 8
    Hello Carman,

    I can not match the numbers BMW posts in the lease offer for July for the 135i coupe; they have:

    MSRP $42,725 (Premium Package & Double Cluth Transmission & $875 Dest. & Hand.)
    Purchase option $25,635 (60%)
    $2500 down / 10,000 miles / monthly $439 ?

    I can not get the $439/month using 60% residual (same as them) and 0.0012 money factor (0.0009 for loyal customers doesn't work either).

    Do you know if there is any cash incentive or price reduction?

    Thanks in advance.
  • kyfdxkyfdx Posts: 27,985
    Well.. .yeah... the ads don't tell you the dealer discount from MSRP...

    In most BMW ads, it's about $1000 off ....

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome tagster. BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2012 128i Coupe with 10,000 miles per year are .00160 and 60%, respectively for consumers who qualify for its top credit tier.

    This factor drops to .00130 for loyal customers.

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  • Hi Car_man,

    I got a quote for 135i MT Coupe with Nav. and Premium pkg.
    MSRP: $44,375.00 (included D&H $875)
    Selling Price: $42,030.00
    Term: 36 Months
    Mileage: 12,000/year
    Money Factor: 1.26
    Residual Factor: 64%
    Monthly Payment: $467.35
    Tax (8.75%): $40.89
    Monthly Payment + Tax: $508.25

    License & Registration: $369.75
    Bank Fee: $725.00
    Documentation Fee: $45.00
    First Payment: $508.25
    Security Deposit: $3,850.00
    Drive Off: $5,565.37

    Do you think it is a good deal? Or it can go lower?

    Thank you very much.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi crazyjojoe. BMW FS' current buy rate lease money factor for the 2012 135i Coupe is .00195. This factor drops by .00030 for loyal customers. I see that you are making additional security deposits. How many MSDs are you making? BMW FS provides a .00007 money factor reduction for each additional deposit. Make sure that the dealer is charging you the lowest possible money factor on your deal.

    As far as the selling [rice goes, this car probably has a spread of around $3,500, give or take, between its full MSRP and its dealer invoice price. That probably puts you at a little over $1,000 over dealer invoice...which isn't bad. There's some room to play with there if you are in an area that has a decent level of competition and feel like shopping around, but again this deal isn't bad.

    Car_man
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  • Hi Car man,

    I am making 7 MSDs total. And this will(may) be my first BMW.

    Thanks for you advise.

    Joe
  • Hi Car Man -

    Been lurking on the board for a while - thanks for your help educating us!

    I'm in the market for 2012 128i. Can you let me know the money factor? Here is Houston couple dealers are already telling me .00235 while seeing .0016 in your posts and Bimmerfest.com. I'm currently leasing my 328i and think I should qualify for best rate.

    Thanks!

    Tony
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome Tony. BMW Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2012 128i Coupe with 15,000 mies per year are .00195 and 61%, respectively for consumers who qualify for its top credit tiers.

    The money factor is .00030 lower for loyal customers.

    Car_man
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  • Hi Car_man,

    You input to this forum has been very helpful.

    I am interested in leasing a 135i coupe for 30 months. Do you have the residual for a 30 month lease with 15,000 miles a year?

    Thank you!

    Mark
  • Hi Car Man,

    Im looking for the residual and money factor for a 15,000 mile lease on a BMW 135i.

    Thanks for your help

    Oleg
  • Hi Mark. You certainly have an appropriate username. I'd be happy to help you out.

    BMW Financial Services' September buy rate lease money factor and residual value for a 30 month lease of a 2012 135i Coupe with 15,000 miles per year are .00195 and 65%, respectively for consumers who qualify for its top credit tiers.

    The money factor is .00030 lower for loyal customers.

    Car_man
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  • Hi Oleg. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2012 135i Coupe with 15,000 miles per year are .00195 and 62%, respectively for consumers who qualify for its top credit tier.

    As I mentioned in the previous post, this car's factor is .00030 lower for loyal customers.

    Car_man
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  • Hi Carman,
    Although I prefer to buy, I'm curious about how much lower the monthly outlay might be if I lease. I live in Los Angeles and interested in a 08 128i convertible. Does BMW Financial do leases on 08's and if so what is the average money factor and residual %? Also is a longer term than 36 month being offered?
    Thanks much.
  • Hi paraiso. Theoretically one could lease a CPO Audi. The problem with used vehicle leases is that the lack of support that is usually available on them often makes them not that great a deal when compared to a lease of a similar new vehicle that does have support. Due to their lack of popularity, I do not personally keep tabs on the details of manufacturers' used vehicle lease programs.

    Car_man
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  • x3guyx3guy Posts: 2
    edited October 2011
    I'd like to know the October numbers (MF and Residual) for 2011 and 2012 128i coupes. 36 Months, 10,000 Miles/year.

    I'm planning on the maximum 7 security deposits and I'm a loyal customer. Thanks in advance.
  • Here's the information that you're looking for x3guy. BMW Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2012 128i Coupe with 10,000 miles per year are .00195 and 64%, respectively for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical lease of a 2011 model are .00195 and 52%.

    These cars' money factors are .00030 lower for loyal customers. Each additional security deposit lowers their money factors by .00007.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
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