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BMW 3-Series Lease Questions
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Car_man
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When you get them will you please post the October rates (money factor, residual %, known incentives / specials) for the following:
2011 BMW 335d (36 mths, 10k mile per yr)
2011 BMW 335i Sedan (36 mths, 10k mile per yr)
Thanks
335i $55,600 sticker
$1,500 down
$605/mo. all in
36 month lease 10k miles per year
Sale price $49,430
Money factor .0019
Includes 1k owner loyalty
Best deal I've found for a fully loaded model.
I found a 328i coupe (2011) on a local lot. The original msrp was at $40,000. Now at 38,700.
I'm trying to get a lease payment around 400 including tax.
Any opinions?
Would love to know october MF and residual.
Any october incentive info available
Thanks
The money factor for loyal customers is .00030 lower.
Car_man
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The money factor for loyal customers is .00030 lower.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of an '11 335i Sedan are .00190 and 63%.
The money factors for loyal customers are .00030 lower.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The money factor for loyal customers is .00030 lower.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The money factor for loyal customers is .00030 lower.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The money factors for loyal customers are .00030 lower.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I am currently working on a 2011 335XI Coupe lease for both 36mo 10K and or 12K. The msrp on the car is $56700. i asked the selling price they gave me $52860. When I was there he said I can either have the $1000 in loyality or the .0003 rate reduction. He told me it's better to take the $1000 and buy the rate down with additional security deposits that each deposit reduces the rate by .00007 and i get all of that back at the end of the lease. Also, he mentioned the AWD they give you back. I believe he gave me a residual of 61%. The payment he gave me was $691 for 10k and $707 for 12k (tax included for philly pa). I am waiting for them to get back to me as I asked if those payments were with buying down the rate which I think they are.
So my issues/questions are...the AWD is listed with a N/C on the window sticker that he sent me. Is this correct to list that way? Can i do better on the selling price? Does any of this look right?
Anything you can help me with would be greatly appreciated
they said The AWD credit and loyalty program comes off the sale price. This is to my benifit, as the residual is based off the MSRP ($56,700)....so does this mean they are not really discounting the car?????
The residual for Sept was 63% at 10,000 mi/yr. It was 62% for 12,000/yr.
The 691/707 payents were the 10k/12k payment NOT using the multiple security deposits!
All that being said...September programs are out, and October is in...and that is a good thing in this case! They are really pushing the programs on the coupe and convertibles for October...they raised the residual by 1% and lowered the base money factor to .00190 (before multi sec deps). That means.... the 10K payment without the muti's would be $686/mo, with them $638 (tax included).
Guys what do you think???
Any input would be greatly appreciated. Here's the offer:
2011 BMW 335i Sedan
Alpine White
Black Leatherette
Aluminum Trim
Steptronic Auto Transmission
Performance Edition Package
M-Sport Package
MSRP - $47,225
Invoice - $44,005
Your price - $43,200 + tax and license (after Auto Credit)
36 month lease 12k miles per year(includes estimated sales tax)
Total out of pocket - $1342.85 + DMV
Payment - $539.91
Thanks for those numbers
After dealing with several dealers here's my offers.
1. 2011 328i coupe. 40,900 msrp, $2000 down, 15/36, 38380 cap cost, 64% residual, .00195 MF, payment of 445 plus tax.
2. (different dealer)2011 328i coupe. MSRP: 42,065, sale price, 15/36, 40,000 sale price,40,725 cap, 64% residual,.0015 MF, $2000 down + $497 plus inceptions cost
, $0 down = $556 plus inception.
IF I go with the sedan the are offering: 2011 328i, msrp 39240, 37440 sale, 62% residual, 38165 gross cap cost, $750 from bmw, .00190 MF. $2000 down = 535 + inception or
$2000 down = $475 plus inception.
I know that's a ton to take in, but any advice on these deals and how good or bad they are would be greatly appreciated
Lease Offer for 15,000 miles 36 months. MSRP 55,000. Location Southern California
$0 down
1st payment $630 (Tax, Fees, Registration included)
Subsequent monthly payment $630 (tax included)
Also, make sure that the dealer isn't marking your car's money factor up on you. BMW FS' current buy rate for a 36-month lease of this car is .00195 for consumers who qualify for its top credit tiers.
Car_man
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This car's money factor is .00030 lower for loyal customers.
Car_man
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Car_man
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Car_man
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MSRP $56700
Selling price $52210 (had to fight for this)
Residual for October is now 64% 10 k (i initaly wrote 61 and said increased by 1)
Money factor is .00190
Based off what your saying..The invoice is 52130. If I add a $1000 on (53130) then subtract the loyality and AWD credit from that I should be able to get the price to $50290 and that would be a good attaianble price on the car and my net cap cost?
The loyality and AWD credit are given back to the dealer kinda like dealer cash??? That is what I initally thought when I asked if I could do better...that he was only giving me 1000 off the car and using the loyality cash and AWD credit like he was discounting the car...
You had questioned the money factor, it was the correct amount calculated if I took the loyality cash. He offered me to put more security deposits down to lower the rate. The payments came out to $665 without them and $623 with them. He said each deposit takes .0007 off the MF and if I put 7 down i'd be at .00146. It would be a total security deposit of 4550 (each payment of 623 rounded to the next 50)
Based on his offering sale price of 52210...overall you think I can do better???
I see they have a 32 month lease for 10k a year. I've calculated the residual to be 71%. Is that correct?
I have also found the 1,000 loyalty rebate as I am selling a 2010 528. Is there also a lower loyalty money factor?
I am in CA. Thanks
What is the October 2011 money factor and residual for a 2011 335xi sedan on a 24-month/10k miles/yr lease?
I also had a couple questions about incentives. The sales guy said BMW currently has 2 for me - an $1,840 "navigation" incentive and a loyalty incentive of either $1,000 or a reduced money factor (0.00030, if I'm correct). This would be my 3rd BMW from this dealer. Are both of those incentives correct? If so, do those $ incentives get deducted directly from the agreed-upon value?
I will be turning in my 2009 335xi sedan lease (3-year lease, got it in '08) for this. The car will have less than 18,000 miles on it, and they seemed eager to get it as a CPO. Given that they're trying to clear '11 inventory and the fact that this old lease will be a plus for them, I'm assuming I have a lot of leverage. For example, they did lean toward covering my last monthly payment.
Thanks!
i'm getting ready to do a lease deal on a 2011 335xi sedan. I'm located outside of Phila Pa. This was what I received from West German BMW in Fort Washington, Pa.
36mo/15k
MSRP is $5,1515 (non metallic, with prem, nav, apps, sat radio, heated steering wheel, ipod/usb adapter and cold weather pkg's)
Dealer offer $50,500
Money factor .00184
61% residual
$1009 down (fee's, etc....) - includes $750 lease cash back from BMW
payments are $686 and change
I think they are a little high? Any thoughts? Also, what are you seeing on MF's for October? Edmunds is showing TMV of $48,025 for this car
As a loyal customer you can choose either then $1,000 or a .00030 money factor reduction, though BMW did introduce $1,000 dealer cash on all 2011 3-Series Convertibles this month.
Car_man
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The money factor for loyal customers would be .00030 lower. You can either choose this or the $1,000. And of course the nav credit that you mentioned. Negotiate the lowest pre-incentive selling price that you can and than have the dealer subtract any available cash incentives from that.
Car_man
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Car_man
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The residual of 67% you listed does seem a bit low for a 24-month/10k lease of a 2011 335xi sedan. I was expecting more around 69-70%.
I planning to lease a 335xi sedan. The quote I got was for
36months/12k
53,200 (Space Gray exterior, cold weather package, M Sport Package, Performance & premium package, Nav sys, Hi Fi Soun, Sat Radio). The MSRP being - 56,200 same as BMW website.
681$-691$ with 3000 out of pocket.
Do you think it is a good deal? Also this is the first time I am leasing.
MSRP: 60,000
Selling price 52800. Includes 3300 in incentives (1.3k auto trans, 1k dealer cash, 1k loyalty)
Money down: acq fee+first months pmt = ~ 1257
+7 MSDs: 3850 = 5107 paid in at driveout
Term: 32 mths
Residual: 68%
MF: 000195, reduced by 000049 = 000146
Monthly payment: $575
all figures include 7% sales tax where relevant
($3850 in MSD to be returned to me at lease end)
Two questions:
1) How does the selling price stack up? This is in GA.
2) Do the numbers look 'right' in other ways? Is there anything else I can do to reduce the payment or overall cost? (dealer had initially quoted $415 with additional $4800 down but I had him remove the down payment as I understand putting extra down in a lease is not a good idea).
Thank you!
Need some advice on this deal. 328i x drive with value package and heated steering wheel only.
Msrp 37765
Invoice 35000
Rebate 750
Selling price 34250
Residual 64%
money factor .00190
Down (they called it drive off) 1860
Payment 450 plus tax.
Any thoughts on this deal
I am in the market for a purchase or lease of a 2011 328i convertible. I have three questions:
1. Would you please provide me with a list of any rebates and incentives that I should consider when seeing if the dealer is giving me a good cap cost reduction?
2. Would you please give me a rundown of the money factor and residual value on this particular car with a lease using 10k, 12k and 15k as the mileage allowance/year for 36 months?
3. What are the exact details on money factor, residual value and cap cost reduction for the current BMW financial lease offer that quotes 32 month lease with:
• $409 First months payment
• $3,200 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $4,334 Cash due at signing
Thanks!
I am looking to lease a 335i in Houston, TX. Can anyone please provide me with some reasonable ranges on what I should expect to pay?
Thank you!
Premium pack, value pack, heated seats and steering wheel, Sat Radio, Ipod hub.
MSRP 43890
Sale price 39780
Base Cap 37186
Acq Fee 925
Adjust Cap 38111
Residual 66%
MF 0.00215
36 month/36k m
0 down, $500/month tax included (6.9%)
sign off $764 including first month payment.
Is it possible to get the latest money factor and residual value for the 2011 M3 Sedan (aware that the 2012 in on the horizon) for 36 and 48 months, 10,000 mile per year? Thank you.
I hope this message finds you well.
I need a car in the 3rd week of November 2011, but the new 3 series is coming out on February 11, 2012. It seems as if the new car is much better, in terms of standard technology and features.
I'm wondering if it would be better to lease in November or to wait a few months to lease the 2012 model around March 2012. Do you suspect the lease offers would be substantially worse in March 2012 than in November 2011?
If cost were an issue, would you lease the current 328i sedan now or later? If now, would you opt for a 2 year lease or 3 year lease, considering the lease of the new 3 with the i4 engine is a possibility (again, money would be a huge determining factor)?
Thank you.
Car_man
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In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
You never mentioned what this car's selling price is. Let us know and we'll tell you what we think.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Car_man
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BMW Financial Services' October buy rate lease money factor and residual value for a 30-month lease of a 2011 328i Convertible with 15,000 miles per year are .00195 and 68%, respectively for consumers who qualify for its top credit tier.
The residual values for a lease with only 12,000 miles per year would be 2% higher. The resid for a 10k lease would be 3% higher.
Car_man
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When negotiating your lease on this car, make sure to take advantage of the $750 cash incentive that is currently available on it.
If you are a loyal customer, this car's money factor would be .00030 lower.
Car_man
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