Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!

BMW 3-Series Lease Questions

1…8081838586…111

Comments

  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Yes, kball2, all of the incentives that you mentioned are correct, though the $1,000 loyalty cash cannot be combined with the .00030 money factor reduction.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • kball2kball2 Member Posts: 62
    Car_Man,

    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
  • shabadoo25shabadoo25 Member Posts: 232
    I was offered:

    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.
  • msm6msm6 Member Posts: 1
    Hello. Would like to know the money factor and residual for a 335i 36 months 15000 miles per year and any incentives available for October. Thanks.
  • bmw6227bmw6227 Member Posts: 4
    Love this board. Been trolling forever. First post.

    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
  • mahsullymahsully Member Posts: 5
    Looking to lease (15k miles, 36 months) a 2011 328i convertible with MSRP of $53965 in New Hampshire. What are the residual and money factor and any incentives or specials? Thanks
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi ftrdave. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 335d with 15,000 miles per year are .00175 and 55%, respectively for consumers who qualify for its top credit tier.

    The money factor for loyal customers is .00030 lower.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi aspons. BMW Financial Services' current buy rate lease money factor and residual value foe a 2012 328i Wagon with 15,000 miles per year are .00195 and 60%, respectively for consumers who qualify for its top credit tier.

    The money factor for loyal customers is .00030 lower.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi kball2. BMW's September lease program is scheduled to run through October 31st. Its buy rate lease money factor and residual value for a 36 month lease of a 2011 335d Sedan with 10,000 miles per year are .00175 and 58%, respectively for consumers who qualify for its top credit tier.

    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello msm6. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2011 335i Sedan with 15,000 miles per year are .00190 and 60%, respectively for consumers who qualify for its top credit tier.

    The money factor for loyal customers is .00030 lower.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Welcome aboard bmw6227. I'm glad that you like this discussion so much. BMW Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2011 328i Coupe with 15,000 miles per year are .00195 and 64%, respectively for consumers who qualify for its top credit tier.

    The money factor for loyal customers is .00030 lower.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings mahsully. BMW Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2011 328i Convertible with 15,000 miles per year are .00195 and 65%, respectively for consumers who qualify for its top credit tiers.

    The money factors for loyal customers are .00030 lower.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ltyentaltyenta Member Posts: 60
    Hi Car_man,
    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 :)
  • ltyentaltyenta Member Posts: 60
    ok....quick update before you reply...the dealer just emailed me back...
    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???
  • rollo4rollo4 Member Posts: 1
    Trying to find out the current residual/mf for a 2012 335is cpe - 36m and 10k miles/yr. Thank you in advance!
  • 05g356mt05g356mt Member Posts: 3
    Hello,

    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
  • bmw6227bmw6227 Member Posts: 4
    Car_Man

    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
  • atlo888atlo888 Member Posts: 1
    Good deal?

    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)
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi ltyenta. The Philadelphia area should have a decent level of competition. If I was in the market for this car in your area right now, I personally would shoot for a selling price of $500 to $1,000 over invoice minus the $1,840 credit for the no-charge AWD and the $1,000 owner loyalty cash. you can look this car's invoice price up over in the New Vehicle Pricing section of Edmunds.com.

    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi rollo4. 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 2012 335is Coupe with 10,000 miles per year are .00195 and 64%, respectively for consumers who qualify for its top credit tiers.

    This car's money factor is .00030 lower for loyal customers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi bmw6227. The first deal that you were quoted looks the best to me. It appears to be the closest to dealer invoice of all of the offers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi atlo888. Are you talking about a 2011 or a 2012 model. If you're interested in an '11, you're in luck because BMW just introduced $1,000 dealer cash on '11 3-Series Convertibles for the month of October. Make sure that the dealer takes that cash into account when negotiating your deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ltyentaltyenta Member Posts: 60
    Ok...I see I made a typo in my deal on the residual and I did get another $650 off the car
    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???
  • LavistaatlLavistaatl Member Posts: 28
    Hello. New to this board. I am trying to negotiate lease on 2011 335d. MSRP of $55,625. Sales Price of $48,132. They quoted me $664 per month sign and drive nothing down including first months payment and tax. Money factor is .00175. Residual is 58%. Is this a good deal? I am thinking it should be lower payment than that, but new to leases and not sure. Can anyone help? Thanks!!!
  • torteztortez Member Posts: 11
    Car Man, I'm looking for lease info for a 2011 328 convertible.

    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
  • tennbergtennberg Member Posts: 45
    Greetings Car_man,

    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!
  • twdubstwdubs Member Posts: 6
    Hi car man-
    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
  • twdubstwdubs Member Posts: 6
    just to clarify car man - you're saying for a 2011 335xi (in Philly area) I should be negotiating $500-1000 over invoice but the subtract out a $1840 AWD credit?
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Yes, tortez, I believe that the residual value that you came up with is indeed correct.

    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings tennberg. BMW Financial Services' October buy rate lease money factor and residual value for a 24-month lease of a 2011 335xi Sedan with 10,000 miles per year are .00185 and 67%, respectively for consumers who qualify for its top credit tier.

    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi twdubs. The money factor that you were quoted on this car looks good, but as you suspected the selling price that you are being given is probably a little too high. There is a spread of at least $4,000 between this car's MSRP and its dealer invoice price yet you are only being given $1,000 off. I personally would want a discount of at least $3,000 and then have the dealer subtract the $750 cash incentive from that. At least that's what I would shoot for if I was in the market for this car in an area that has a decent level of competition.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • tennbergtennberg Member Posts: 45
    Thanks for the info, Car_man! I am certainly making sure I have all the necessary info before I go back to the dealer.

    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%.
  • venky1405venky1405 Member Posts: 1
    Hello Car_man,

    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.
  • kackikacki Member Posts: 18
    Hi Car_Man, I have been quoted the following on a convertible 335i:

    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!
  • svittalsvittal Member Posts: 7
    Hi Car_man,
    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
  • svittalsvittal Member Posts: 7
    In the Boston area.
  • mahsullymahsully Member Posts: 5
    Do the numbers change if I drop the mileage to 12000? thanks
  • bpturtlebpturtle Member Posts: 19
    edited October 2011
    Hi,

    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!
  • pedrossi24pedrossi24 Member Posts: 1
    Hi,

    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!
  • bimmer328xibimmer328xi Member Posts: 13
    edited October 2011
    Signed a lease deal last night on a 2011 328i xdrive coupe demo with 6k miles on it.
    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.
  • greggagregga Member Posts: 6
    Can you give me the money factor for 328XI 36 month lease with 12,000 miles and highest credit. Thanks
  • flamingo4flamingo4 Member Posts: 9
    Hi Carman,

    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.
  • blankdazeblankdaze Member Posts: 8
    edited October 2011
    Hello Car Man,

    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.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're very welcome tennberg.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi venky1405. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello kacki. The selling price that you were quoted for this car looks good to me. The money factor looks good as well. If you like the car, I personally don't see any reason not to go for it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi svittal. The money factor and selling price that you were quoted for this car look good. If you like the vehicle, I personally don't see any reason not to pull the trigger on this deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi mahsully. The money factor is the same for a lease with only 12,000 miles per year, but the residual value would be 2% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi bpturtle. Other than the $1,000 owner loyalty cash or the .00030 money factor reduction (you can choose one but not both), I don't believe that there's any cash incentives available on this car right now.

    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    I'd be happy to help you out gregga. BMW Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2011 328xi Sedan with 12,000 miles per year are .00185 and 63%, respectively for consumers who qualify for its top credit tier.

    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.

Helpful Tools

Most popular vehicles