Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
BMW 3-Series Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
BMW Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2013 328i Sedan with 15,000 miles per year are .00130 and 58% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2012 model are .00115 and 59%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 36-month lease are .00130 and 60%.
The numbers for an otherwise identical 39-month lease are .00130 and 59%.
BMW FS charges a $725 acquisition fee and a $350 disposition or disposal fee on every vehicle that it leases.
When negotiating your deal on this car, make sure to take advantage of the $1,000 holiday credit and the $750 owner loyalty cash.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Let's work up a payment for you using the numbers that you provided. According to my calculations, if you were to lease a '13 328i xDrive Sedan that has an MSRP of $42,145 and $38,295 through BMW Financial Services right now for 36-months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $444.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
i have gotten the following deal, and would love to hear your thoughts, as i regard them very highly - this will be my first bimmer(yay:)
328 xi
luxury line, mineral grey, dakota leather seats, tech+premium+cold packages, rearview cam+parking sensors.
dealer tells me this has been in their lot a while and they are highly motivated to move it out.
msrp 50,345 (after 1,000 holiday credit, which is the only one i qualify for)
sales price 45,543 (~10%off msrp, not sure what their invoice is)
10k/39 mo lease:
2,800 down (incl. all out of pocket costs. first pmnt, fees, and ma sales tax of 6.25%)
499/mo incl. tax
not sure what money factor they are using, and don't know how to figure it out honestly.
any input on whether this is a fair deal or not would be highly appreciated.
thanks you very much in advance, and happy holidays to all of you!
MSRP: 39,095 (328i sedan + moonroof + BMW assist)
Invoice: 36,580
Selling price: 34,515
Holiday credit: $1000 applied towards driveoff ($677 total driveoff after credit)
Down Payment: $823
Monthly payment: $410 for 39 months with 15k miles (0.0013 money factor / 57% residual value)
Happy Holidays!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
2013 328xi, White/Beige leather, MSRP $48,645.00, 39 mos, 12k m/yr
Registration is state of NY, Nassau County
Premium Pkg
Cold Weather
Lighting Pkg
Driver Assistance Pkg
Navigation (NOT Technology Pkg)
BMW Apps
Total Cap: $45,687.39 - $1,000 cap reduction = $44,687.39 net cap
Residual shows as $28,700.55
Total out of pocket shows as $3,244.00 (inc 1st payment).
Payment: $520.00/mo.
Money factor shows as .00150
Thanks so much!
thanks for your help!
after getting your blessing too, i went ahead with this deal and just signed the contract couple hours ago.
here's a BIG questions though:
while confirming numbers, i noticed the dealership used the MSRP(and NOT sales price, which was ~5k less than msrp) to calculate my depreciation value. so the msrp was (don't have the contract with me right now) roughly 50k, i negotiated a sales price of roughly 45k.
39mo, 10k/yr residual was 60% of 50k, so about 30k.
my undertsnding is that i should be paying 45k(sales price, not msrp) minus 30k(resid.)= 15k +fees+interest(i asked and they said they are using .0013 as money factor) over 39 mos of the contract.
instead i am paying 50k(msrp)-30k = 20k +2800 in fees&deposits and costs, etc.
(sorry i don't have exact figures, i will post them this evening once i am back at home)
am i missing something here?
when i raised this issue and said it didn't make any sense to me, the finance mgr couldn't point out how my negotiated price lowered my payments, apart from plugging in different numbers in his systems sales price box and pointing to how that changed the monthly payment. i asked 3 times and was told that the lease payments were calculated based on msrp, but not sales price (but somehow a lower sales price still reduced my payments).
i didn't want to argue in front of my wife, who got really embarrassed and wanted to just sign it and leave, as the payment figures matched what we were quoted, and we were okay paying that every month. but i still don't want to get screwed by 5k. no matter what i can or cannot pay.
any help would be MUCH appreciated. is it bmw's practice to base the payment on msrp, and not on sales price? that sounds very stupid to me, but i may be wrong.
please HELP!!
Thx again!
This is my first time leasing a car, and first time getting a BMW. I was wondering if the deal offered to me sounds good? Also i thought of putting $5k down payment to lower my monthly but now was thinking to trimming it down to $2k.
Appreciate any thoughts!!! Happy new year!
Index Description MSRP
Base Price $38,700.00
ZPP Premium Package 3,600.00
ZMP M Sport Package 2,900.00
322 Comfort Access Keyless Entry 500.00
494 Heated Front Seats 500.00
4BY Bamboo Anthracite Wood Trim 0.00
609 Navigation System 2,150.00
Metallic Paint 550.00
Destination and Handling 895.00
TOTAL AS EQUIPPED $49,795.00
SELLING PRICE $45,860.00
Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year
Money Factor 1.25
Residual Factor 63%
Selling Price $45,860.00
Bank Fee $925.00
Total Capitalized Cost
$46,785.00
Residual Value $31,370.85
Total Depreciation $10,269.76
Capital Reduction $5,144.39
Monthly Depreciation $285.27
Monthly Rent $91.26
Monthly Payment $376.54
Tax (8.5%) $32.01
Monthly Payment + Tax $408.54
Capital Reduction $5,144.39
Cap Reduction Tax (8.5%) $444.07
License & Registration $423.00
Documentation Fee $80.00
First Payment $408.54
Security Deposit $0.00
Drive Off $6,500.00
Trade Equity $0.00
Rebate $1,500.00
Due at Signing $5,000.00
DO NOT PUT ANY MONEY DOWN (capitalized cost reduction) ON A LEASE! If your vehicle is stolen or totaled at any point during the lease, you will LOSE that money that you put "down."
Also, your dealer is marking up BMWFS' bank fee of $725 by $200.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
BMW 335 xdrive w/ sport-line, premium pkg, cold weather pkg, navigation.
MSRP $52,695
Negotiated price $49,000 before incentives
Incentives -$2750 (holiday credit, drive for team USA rebate, loyalty)
$0 down payment.
7 MSDs to reduce MF to 0.00081
36 mo lease. 12k mi/yr
Monthly $532 (including 9% tax)
Due at signing 7 MSDs, 1st month, $180 tax/license/doc fee, -$300 drive app credit
-$500 BMW CCA member rebate
Depreciation is always calculated on the sticker(MSRP) price not your negotiated price. This is not just a BMW thing.
Also I have an Infiniti G37X coming off lease in 8 months. Looking at the BMW. Should I ride out the lease or see if BMW would buy the car from me?
Do you know what are the Residual and MF are for a 36 / 15K lease? Also, are there any incentives like the $1000 holiday cash they had last month?
Thanks
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Enjoy your new ride :shades: !
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Eight months is really early to get out of a lease. It is likely going to be fairly expensive for you to get out this early. You would probably be better off waiting until you are closer to the scheduled end to get something new.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
There's a $1,500 cash incentive on leases of 3 Coupes and Convertibles this month, but nothing on the Sedans other than the $750 owner loyalty cash.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Picked it up 3 hrs later at .00130 which equated to $20/mo savings. Thanks again for your help! LOVE this car
I would be most grateful if you could let me know the current money factors and residuals % for a 2013 BMW 328i convertible on a 36 month lease w/ 10k and 12k mileage allowances per year.
Many thanks,
John
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of a '13 328i are .00130 and 60%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
i am THOROUGHLY enjoying this ride! waiting for the 1,000 mile mark to have some real fun, but even now it is GREAT
thanks so much for all your input and time!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
1 - all the rebates/incentives are expired on Dec 31st.
2 - they sold a lot of cars during December so inventory is low.
I live in a small town so this is the only dealership around.
MSRP: $48,895
Exterior: Jet Black
Interior: Black leatherette/Red highlight (No ZPP or ZCW)
Sport Line (required)
Trim: Brushed aluminum trim (Sport Line)
Transmission: Manual Transmission
Rear-view camera (Must select: 508 or ZDA)
Park distance control
Type: Lease
Term: 36 Months
Miles per year: 10,000 miles/year
First Payment: $509.08
+ Security: $0.00
+ Cap Red: $0.00
+ Tax on Cap Red: $0.00
+ Upfront Sales Tax: $1,282.88
+ Acquisition Fee: $925.00
+ DMV Fees: $0.00
+ Tire Fee: $10.00
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ NJ Luxury Tax: $182.23
+ Other Fees: $0.00
+ Tax on Fees: $70.00
= Cash Due on Lease: $3,064.19
- Trade Equity to COD: $0.00
= Total Cash Due: $3,064.19
- Deposit: $0.00
= Cash on Delivery: $3,064.19
Plus DMV Fees
monthly payment at 509.08$
2013 328i Sedan
$0 down, $0 due at signing, $0 security, $0 first month's payment
Lease for $389 per month/36 months
Residual value equals $24,188. 10,000 miles per year, $0.25 per mile overage. Total due at signing $0. MSRP $38,395. 2013 BMW 328i Sedan. $0 Security Deposit with approved credit for well-qualified lessees. Payment excludes tax, tag, title, registration and dealer fee of $799
this sounds like a really good deal; (even after adding fees and tax). What's the catch here?
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
You have been extremely helpful every time I lease a car. I am considering leasing a BMW 328XI in NY. 10k or 12K per year for either 30 month or 36 months. What are the differences in the money factor ad residual value with these examples? Thanks for your help.
Would you be able to tell me what the current MF and residual values are on a 2013 328xi for a 24 month / 12k and 36 month /12k lease?
Thanks alot!
BMW's January lease program is scheduled to run through the end of February. According to the latest information that I have seen, Audi Financial Services' current buy rate lease money factor and residual value for a 30-month lease of a 2013 328xi with 12,000 miles per year are .00130 and 65% for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical 36-month lease are .00130 and 62%.
If you were to lease with 10,000 miles per year, these residual values would be 1% higher.
Good luck in your negotiations.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
BMW Financial Services' January buy rate lease money factor and residual value for a 24-month lease of a 2013 328xi with 12,000 miles per year are .00130 and 68% for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical 36-month lease are .00130 and 62%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 335i Coupe with 15,000 miles per year are .00135 and 55% for consumers who qualify for its top credit tiers.
You should be able to get a 2012 model for well under dealer invoice at this point. Keep in mind that BMW paid out dealers $3,200 for any '12 coupes that they had left in inventory a while ago.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum