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BMW 3-Series Lease Questions

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Comments

  • jr2219jr2219 Posts: 7
    Sounds pretty good. Where did you get your car from?
  • guy1974guy1974 Posts: 90
    There will be larger discounts for the '07 obviously but '07's are not "distressed" merchandise! The differences between an '07 and '08 328 are minimal with chrome exhuast and gear changing steering wheel mounted paddles for the auto and sports.

    I very much doubt you can get an 07 328 for invoice or below, a good deal is $500-1000 over invoice for a 328i. BMW does not give holdbacks so a dealer would lose money if they sold a car for less than invoice (the fees would help).

    Anyway BMW's are cheap in the US when compared to Europe so stop trying to get a great car for $1.99!
  • A German friend told me BMW in Germany is like Toyota in Japan, it's very common and U can see them everywhere...
    He thinks we are paying too much for that in US...

    Don't know how true is that? :P
  • The usual thinking is that you shouldn't put anything down for a cap cost reduction. If you were to total the car in an accident, your insurance would cover the ammount to "replace" the car to the bank, however, you would now be out whatever money you put down upfront and would be starting over again with a new car. Also, without actually being able to calculate your numbers at the moment, you can kind of estimate that for every $100 plus or minus in the cap cost will move your monthly payment $3 plus or minus. So, if you were to NOT pay the cap reduction of 2200 bucks, your cap cost would increase by 2200 bucks and thus your monthly payment would go up about $66/month.
  • guy1974guy1974 Posts: 90
    I am from the UK and the 328i I leased here in the US had an MSRP of $38000 whereas in the UK it would have a list price of GBP30000 which is equivalent to around $60000. The UK price (and most European prices) include sales tax of 17.5% but even accounting for this the UK is overpaying compared to the US by 50%.

    Just look at bmw.co.uk and the option prices. Steptronic is GBP1200 which is a 1:1 exchange rate even though it is $2 to GBP1. Metalic paint and comfort access are also much more expensive options in the UK than in the US even though the same factory is used and the delivery distance is much shorter.

    It is true that BMW is very popular in Germany, but that just shows that Europeans don`t mind paying for excellence. Whereas lots of Americans what something on the cheap so they buy Hyundai etc. Korean and Japanese manufacturers do not sell well in Europe (just check out Lexus sales comapred to Audi, MB or BMW - they are tiny).
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi fourizonly007. BMW Financial Services' buy rate for a 36 month lease of the 2007 BMW 328i Sedan is currently .00140 with the payment of a security deposit at lease signing. I personally would pay one on this car. It is only equivalent to your vehicle's monthly payment rounded up to the nearest $50 increment and you get it back at lease-end. The money factor that you were quoted is correct for a lease of this car with a waived deposit, so this aspect of your deal looks good.

    Now let's take a look at its selling price. This car's dealer invoice price is $31,795. The price that you were quoted is $1,360 over invoice. Plus this dealer is marking up BMW FS $625 base acquisition fee by $200, so you are really paying more like $1,500 over invoice. I would not be surprised if you were able to beat this price if you are in an area that has a decent level of competition. It wouldn't hurt to comparison shop with a few other dealers. Also, make sure to stop by the "BMW 3-Series: Prices Paid & Buying Experience" discussion to see how much other community members have paid for similar cars lately.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Jabber. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 335xi Sedan with 12,000 miles per year are .00190 and 63%, respectively. This car's 10,000 mile per year residual value is 1% higher. BMW FS charges a $625 acquisition fee and a security deposit that's equivalent to your monthly payment rounded up to the nearest $50 increment on every vehicle that it leases. It will waive its security deposit requirement in exchange for a slight increase in the money factor that is used to calculate your car's monthly payment. BMW is not currently providing any cash incentives on this model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bmw328lease. I believe that the dealer invoice price of the car that you are interested in is $32,225. If this is correct, the selling price that you were quoted is around $1,300 over invoice. This isn't terrible, but if you are in an area that has a decent level of competition I personally would not be surprised if you were able to beat it by a couple hundred dollars. Make sure to stop by the following discussion to see how much other community members have paid for similar cars lately: "BMW 3-Series: Prices Paid & Buying Experience".

    Assuming that all of the selling prices of the three deals that you mentioned are the same, the number two looks the best to me because it has no capitalized cost reduction. I always advise consumers against making down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.

    It is difficult to say what BMW's lease program will be like on the 2008 3-Series when it arrives at dealers in the near future, but if I had to make an educated guess I would say that you will probably get a better deal on a leftover '07 model now than you will be able to get on an '08 when it is first available.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Congratulations on getting your new BMW, fourizonly007. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your new ride :shades: .

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey Jabber. According to the latest information that I have seen, BMW FS' current buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 335i Coupe (sweet car btw) with 12,000 miles per year are .00200 and 60%, respectively. Again, this car's 10,000 mile per year residual value is 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Sil. I am sorry to say that your ability to negotiate a good discount on the 328i Coupe that you are interested in will be seriously hampered if dealers in your area do not have any in inventory. Dealers are usually much more willing to provide good dealer on vehicles that they have on their lots than ones that they have to order. The lack of availability of this car probably speaks to the high demand for it in your area. You may want to stop by the following discussion to see if any community members have had luck getting a good deal on this car in your area: "BMW 3-Series: Prices Paid & Buying Experience".

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jr2219jr2219 Posts: 7
    What dealership did you get your deal from? We are looking for the same car with sport/premium package and xenon lights.
  • guy1974, thanks for the info!

    Yeah, I've been to London and I find a lot of things there are more expensive than in US. However, in general, the quality is better.

    :)
  • Car_man,

    Yes, U are absolutely right about the 328i coupe. It's very popular in LA area and here's the best deal I found so far ~

    MSRP $40600
    Selling price $39600 ( $1000 off MSRP )

    36 months
    15K miles
    $1000 drive off
    $634 per month ( tax included )

    What do U think?

    Sil
  • jr2219,

    I got the car from New Century BMW. You can email me if you need more info.
  • Hello,

    I have been gathering a lot of information from this forum and put together a proposal based on the current .00140 36 mo. MF with security deposit and residual.

    First, they say they do not use this factor and it is better for me since I don't have to put a deposit. One dealer quoted .00155 another .00160.

    Second, they really didn't work with the Edmunds Invoice. I even took the invoice and added $580 macco plus a few hundred dollars. Still no dice.

    My question is, does anybody know a dealer in the San Francisco Bay Area that will work within the MF/Invoice figures we all know a love here at Edmunds? Second, what would be a good lease proposal for this vehicle?

    This is the car I was negotiating on today: 12K, 36 mo lease
    2007 328i sedan MSRP $39,970 Invoice at Edmunds $36,815, residual $25,181.10
    Metallic
    Sports
    Leather
    Auto
    Power Seats
    Cold Package

    Thanks for the help.
  • To Canadian posters here:

    What's the best that you could do for a lease term on BMW 328i/328xi?

    I'm looking for a 328i/328xi for roughly $550 tax in, with $5,000 downpayment or security deposit. I would like this car to include the automatic plus the sunroof. Is this possible? I'm writing here from Toronto.

    Bernard
  • psmdpsmd Posts: 12
    Host-
    Please post the latest lease and money factor rates for 12K miles and 24-36-48 month leases on 2007-2008
    328xi and 528xi

    thanks in advance
  • Hi, I had a question: which packages did you get with the car? thanks
  • Hi Experts !

    I've been offered the following deal and want to
    verify I'm getting a good deal or if I should
    shop some more....

    Here is the deal:
    2007 328i, Manual, Sport Pkg and Power Seats
    MSRP $35770 (don't know selling price)
    $2500 drive off
    36 months
    12K miles
    $415 month (tax included)

    Thanks for your help,
    Rod
  • Hi,

    I didn't not get any packages. Auto, sparkling graphite, and accessory package (walnut wood trim, chrome pipe, floor mats & trunk net.)
  • mjb27mjb27 Posts: 13
    Check this out:

    2007 328xi
    Premium, Sport, Cold Weather, Nav, Ipod, access, xenon, manual

    MSRP $44,525
    I Paid $41,850
    36 mos
    12000 mi
    Rate: .00165

    Nothing Down/ $823 at closing

    $557 a month

    Black with Terra Dakota Leather

    I originally was quoted on a 39 month lease, but they "didn't lock me in" while my car was being built. That program apparently expired and went to 36 months so they said they came down on the price to make up for it.

    What do you think??
  • sounds like a great deal. can u please share the name, address and tel# of the dealer? tx.
  • Hi, Car Man
    Please provide your thought on the recent deal I got from the dealership.
    I'm being offer a 24 month lease deal on a basic 07 328i with automatic trans and minimun options. The MSRP is $35,500.
    Deal detail:
    $2000 down, drive off, $353+tax for 24 month/12k. miles per year base on approve credit though bmw financial.

    $2000 down, drive off, $381+tax for 24 month/15k. miles per year base on approve credit though bmw financial.

    Should I shoot for more discount?

    Thank you
  • Carman, please post the Sep Money Factor and Residual for a 328i assuming 15k miles/year for 36 mo. If there's a 39-month option, please post that info too. Thanks!

    Lianne
  • 335i with Sports Pkg, Metallic Paint
    36mt, 12k miles
    $0 down
    MSRP: $43225
    Selling Price: $41000
    MF: 0.00175
    1 Security Deposit
    $1550 drive off
    $570 p.m. (incl. tax)

    Is this a good deal??
  • Hi,

    I found these at another site. Looks like the same as last month. Confirmation from our Host here would be great!

    BMW Financial Services Lease Programs – 9/6/07

    For lease programs shown in BOLD, a bank lease program may have lower payments. Click on a vehicle name to compare current bank lease programs through LeaseCompare.com.

    2008 MODELS

    2008 BMW 528i Sedan
    24 Month – Residual 73% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 44% of MSRP – .00310 Base Rate
    60 Month – Residual 35% of MSRP – .00310 Base Rate

    2008 BMW 528xi Sedan
    24 Month – Residual 71% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 43% of MSRP – .00310 Base Rate
    60 Month – Residual 35% of MSRP – .00310 Base Rate

    2008 BMW 535i Sedan
    24 Month – Residual 71% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 42% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2008 BMW 535xi Sedan
    24 Month – Residual 70% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 42% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2008 BMW 535xi Wagon
    24 Month – Residual 70% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 38% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2008 BMW 550i Sedan
    24 Month – Residual 69% of MSRP – .00245 Base Rate
    36 Month – Residual 59% of MSRP – .00245 Base Rate
    48 Month – Residual 37% of MSRP – .00310 Base Rate
    60 Month – Residual 29% of MSRP – .00310 Base Rate

    2008 BMW M5 Sedan
    24 Month – Residual 70% of MSRP – .00310 Base Rate
    36 Month – Residual 57% of MSRP – .00310 Base Rate
    48 Month – Residual 43% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2007 MODELS

    2007 BMW 328Ci Coupe
    24 Month – Residual 68% of MSRP – .00160 Base Rate
    36 Month – Residual 58% of MSRP – .00160 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 328xi Coupe
    24 Month – Residual 68% of MSRP – .00165 Base Rate
    36 Month – Residual 58% of MSRP – .0016 Base Rate
    48 Month – Residual 41% of MSRP – .00310 Base Rate
    60 Month – Residual 33% of MSRP – .00310 Base Rate

    2007 BMW 328i Sedan
    24 Month – Residual 71% of MSRP – .00140 Base Rate
    36 Month – Residual 61% of MSRP – .00140 Base Rate
    48 Month – Residual 39% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 328xi Sedan
    24 Month – Residual 71% of MSRP – .00150 Base Rate
    36 Month – Residual 61% of MSRP – .00150 Base Rate
    48 Month – Residual 39% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 328i Wagon
    24 Month – Residual 70% of MSRP – .00240 Base Rate
    36 Month – Residual 60% of MSRP – .00240 Base Rate
    48 Month – Residual 37% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2007 BMW 328xi Wagon
    24 Month – Residual 70% of MSRP – .00250 Base Rate
    36 Month – Residual 60% of MSRP – .00250 Base Rate
    48 Month – Residual 37% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2007 BMW 328i Convertible
    24 Month – Residual 71% of MSRP – .00310 Base Rate
    36 Month – Residual 60% of MSRP – .00310 Base Rate
    48 Month – Residual 44% of MSRP – .00310 Base Rate
    60 Month – Residual 36% of MSRP – .00310 Base Rate

    2007 BMW 335i Coupe
    24 Month – Residual 68% of MSRP – .00200 Base Rate
    36 Month – Residual 58% of MSRP – .00200 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 335i Sedan
    24 Month – Residual 71% of MSRP – .00175 Base Rate
    36 Month – Residual 61% of MSRP – .00175 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 33% of MSRP – .00310 Base Rate

    2007 BMW 335xi Sedan
    24 Month – Residual 71% of MSRP – .00190 Base Rate
    36 Month – Residual 61% of MSRP – .00190 Base Rate
    48 Month – Residual 41% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2007 BMW 335i Convertible
    24 Month – Residual 69% of MSRP – .00310 Base Rate
    36 Month – Residual 59% of MSRP – .00310 Base Rate
    48 Month – Residual 43% of MSRP – .00310 Base Rate
    60 Month – Residual 36% of MSRP – .00310 Base Rate

    2007 BMW 650Ci Coupe
    24 Month – Residual 67% of MSRP – .00275 Base Rate
    36 Month – Residual 57% of MSRP – .00275 Base Rate
    48 Month – Residual 39% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 650CiC Convertible
    24 Month – Residual 69% of MSRP – .00275 Base Rate
    36 Month – Residual 59% of MSRP – .00275 Base Rate
    48 Month – Residual 46% of MSRP – .00310 Base Rate
    60 Month – Residual 39% of MSRP – .00310 Base Rate

    2007 BMW M6 Coupe
    24 Month – Residual 67% of MSRP – .00275 Base Rate
    36 Month – Residual 57% of MSRP – .00275 Base Rate
    48 Month – Residual 44% of MSRP – .00310 Base Rate
    60 Month – Residual 37% of MSRP – .00310 Base Rate

    2007 BMW M6 Convertible
    24 Month – Residual 70% of MSRP – .00275 Base Rate
    36 Month – Residual 59% of MSRP – .00275 Base Rate
    48 Month – Residual 45% of MSRP – .00310 Base Rate
    60 Month – Residual 38% of MSRP – .00310 Base Rate

    2007 BMW 750i Sedan
    24 Month – Residual 68% of MSRP – .00250 Base Rate
    36 Month – Residual 58% of MSRP – .00250 Base Rate
    48 Month – Residual 31% of MSRP – .00310 Base Rate
    60 Month – Residual 25% of MSRP – .00310 Base Rate

    2007 BMW 750Li Sedan
    24 Month – Residual 68% of MSRP – .00250 Base Rate
    36 Month – Residual 58% of MSRP – .00250 Base Rate
    48 Month – Residual 31% of MSRP – .00310 Base Rate
    60 Month – Residual 26% of MSRP – .00310 Base Rate

    2007 BMW 760Li Sedan
    24 Month – Residual 57% of MSRP – .00250 Base Rate
    36 Month – Residual 47% of MSRP – .00250 Base Rate
    48 Month – Residual 30% of MSRP – .00310 Base Rate
    60 Month – Residual 25% of MSRP – .00310 Base Rate

    2007 BMW Alpina B7 Sedan
    24 Month – Residual 58% of MSRP – .00250 Base Rate
    36 Month – Residual 49% of MSRP – .00250 Base Rate
    48 Month – Residual 31% of MSRP – .00310 Base Rate
    60 Month – Residual 25% of MSRP – .00310 Base Rate

    2007 BMW X3 3.0si 4WD SUV
    24 Month – Residual 75% of MSRP – .00215 Base Rate
    36 Month – Residual 65% of MSRP – .00215 Base Rate
    48 Month – Residual 36% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2007 BMW X5 3.0si 4WD SUV
    24 Month – Residual 68% of MSRP – .00230 Base Rate
    36 Month – Residual 58% of MSRP – .00230 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2007 BMW X5 4.8i 4WD SUV
    24 Month – Residual 68% of MSRP – .00230 Base Rate
    36 Month – Residual 58% of MSRP
  • After reseraching for months, thanks to the forums. I took delivery of a 07 335i Sedan,
    Here is the deal I got.

    2007 335i Sedan Silver/Gray
    Auto/Prem./PDC/Foldback seats

    MSRP $44420
    Sale Price $41200
    24Mths/10K Lease
    Residual 74%
    MF 0.00126 (After 7 MSD, brought down from 0.00175)
    ACQ Fee $825

    Drive Off $6700 ($3200 MSDs, $1700 Cap cost reduction, 1st mth payment, Acq Fee, Registration and taxes)
    Monthly Payment is $398 with CA tax

    The sale price is $100 above invoice and that is the best deal I can find and the dealer doesn't charge MACO fee.
  • What happens to the multiple MSDs if the car is totaled midway thru the lease?
  • Hi - I am new to BMW.

    My wife and I are interested in leasing a 2007 328i Wagon with premium package and auto transmission.

    Can someone tell me the money factor i should be shooting for?

    Thanks very much.

    ekang
This discussion has been closed.