MF for 2009 335 Coupe: .00175 2009 335 Sedan: .00215
Why is the money factor so much worse for the Sedan? I think they sell a lot more sedan, so I guess they can just push the rate higher and still sell a lot of cars without people realizing?
Any information (or opinion) would be appreciated!
I follow the board a bit and I find what is here confusing. I tried to get the residual and MF from the dealer and he said he couldn't get it. I know, I'm a woman and he's full of it! He just gives me a cash up front and a payment,. I have a return lease of a 325i that someone helped me with, but they aren't around. From what I know, up front cost of about $4100 and a payment of about $560 x 36, including taxes. 12,000 mi which is what I do.
Are there ways of finding out? Is there an incentive plan from BMW leasing for me as a return customer.
I saw a recent post from someone in NY that posted for a 335 I think. Thanks. Riva
I am hoping that someone can help shed some light on the following situation. I am in the process of negotiating on a lease of a 328i coupe and the deler has presented me with a few different fees that I am not familiar with that seem bogus to me. Can CARMAN or anyone else help by letting me know if these are legitimate costs ( I know that some like license fee and acq fee are, but they seem inflated). I thought that that acquisition fee for bmw was 725.00 and I've never heard of acq tax, cap reduction fee, or tire fee.
Any help would be greatly appreciated as I am supposed to pick up the car tomorrow.
Here you go, groundsloth. BMW Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2009 335xi Coupe with 15,000 miles per year are .00175 and 57%, respectively.
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Hi carrerah. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 328i Sedan with 12,000 miles per year are .00175 and 57%, respectively. BMW is still providing $1,000 loyalty cash on a number of '09 3-Series models, but unfortunately I do not believe that the 328i is one of them. the money factor reduction for loyal customers that was available last month is gone.
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Hi investor27. BMW Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2009 335xi Sedan with 15,000 miles per year are .00215 and 56%, respectively.
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Hi carleaser. The money factor reduction for loyal customers that was available in March is no longer available. BMW Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 335i Sedan with 15,000 miles per year are .00215 and 56%, respectively. The numbers for an otherwise identical lease of an '09 328i Sedan are .00175 and 57%, respectively.
If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 2% higher.
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HI Ted. Good question about the loyalty cash. I suspect there's a good chance that it is limited to current BMW Financial Services lessees, but I am not positive that is the case. A dealer would know for certain.
BMW FS' 10,000 mile per year residual values are 1% higher than its 12k residuals and 3% higher than its 15k residuals.
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Here's the info that you're looking for, bmwguy8. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 BMW 328xi Sedan with 15,000 miles per year are .00175 and 57%, respectively. Unless BMW makes an unscheduled revision to it, I believe that this program will be available in May as well.
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I sure do Max. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i xDrive Sedan with 12,000 miles per year are .00215 and 58%, respectively. BMW FS' multiple security deposit program is still available.
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Hi Riva. The easiest way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible on the new car that you want and then have the dealer calculate your monthly payment using its buy rate lease money factor.
You can look up the dealer invoice price of the exact model that you want over in the New Vehicle Pricing section of Edmunds.com. Shoot for a selling price that's as close to invoice as possible. If the salesperson that you are working with right now won't reveal this car's selling price or money factor to you ask for a different sales person or manager at that dealership who is willing to work with a knowledgeable consumer. If that doesn't work, shop around with a few other dealers.
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Hi cntv121. The tire fee is a tax that is levied by your state. The same goes for the License Fee. The dealer is marking up BMW Financial Services' normal $725 acquisition fee by $200 to add additional hidden profit to your deal. I'm not sure what a "Cap Reduction Fee" is. Perhaps it is a capitalized cost reduction aka down payment.
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Car_man. What is the differences between the Cap Reduction (down payment) and the Security Deposit? Do you lose them both if the car being lease is stolen or gets involved in an accident? I remember you had advised people not to put down a Cap Reduction/Down Payment if possible since one can lose their down payment if something happens to the car. Thanks.
Car_man, thanks for the info. This is near what I am being quoted (59% res on 12K is what i was quoted). I currently lease a 328i sedan and took advantage of favorable rates, etc. and have leased many new BMWs of varying models in the past. The 3 series really is one of the best (cars) in my opinion. My current lease is up in a month or so.
I am currently looking to lease an 09 328i with sport, xenon, auto, and alum trim MSRP of about $39K+/-
Here's my dilemma - maybe you can shed some light. Is the "buy rate" of .00175 really the buy rate or best rate available?
I ask because with normal drive off fees, and no cap reduction (I don't beleive in those anymore) the payment on this car at near invoice, (I was quoted $750 over w/out any negotiating) at buy rate, and with loyalty cash of $1k is $508 inc. tax (at 9.25%) on a 12k mile lease.
I've run this through the lease calculator and it seems okay, but I feel like I'm missing something. It just doesn't seem like a somewhat "base" model should calc out at $500 per month. I really enjoy the driving experience of these cars, and everytime I try to cross shop and test drive other brands, I keep coming back to my current (2007) 328i.
Like so many others, I'm trying to watch the budget...Any tips or pointers from you would be greatly appreciated.
Hi investor27. Most banks that lease vehicles require lessees to make a security deposit that is equivalent to their monthly payment rounded up to the nearest $25 or $50 increment. They hold on to this money for the duration of the lease and return it to the lessee at the end of their term if their vehicle does not have any excess wear and tear or excess mileage.
Capitalized cost reductions on the other hand are down payments that are used to reduce the amount financed on leased vehicles. Even though cap cost reductions reduce vehicles' monthly payments, I personally always advise consumers against making them. People who make large cap cost reductions on leased vehicles risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
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No problem carrerah. Yes, BMW Financial Services' current buy rate of .00175 is the lowest possible money factor on the 2009 328i right now.
In general leases are more expensive today than when you leased your current 3-Series during the heyday of leasing. When gas prices rose and then the recession hit many banks got absolutely hammered because they had way overestimated vehicles future values aka residual values in the past. Banks have become more conservative in estimating vehicles residuals and as a result leasing has become more expensive.
If you're getting this car for close to dealer invoice and the dealer is using its buy rate to calculate your payment you are getting as good a deal as possible. If this car is still too expensive for you to be comfortable with you will probably have to consider going with a different model. While I haven't crunched the numbers myself, I have heard that the Mercedes-Benz C300 is less expensive to lease than the 328i right now. Perhaps you should look into one.
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Are there any better lease deals in Southern California right now - perhaps better residuals or lower money factors versus other parts of the west coast (i.e. Seattle area).
Hello, I want to lease a 2009 BMW 328xi. The sticker MSRP is $42,445. residual value is: 24,618.00 that is 58% of the MSRP which is 42,445.00. This is for 36 months with 15,000 miles per year. I was wondering what the best lease payment I could get on this would be? I was looking to pay about $525/mo with 1,000 down, is this realistic? if not, tell me what thee best payment I should pay.
Is the residual on a 328xi with 15k miles REALLY 58%??? That seems incredibly high and would make the residual with 12k around 60% and the lease cost (depreciation) from sticker would be $1000 less than my Lexus IS. Is this accurate?
I am looking to get my first lease and have been reading a lot of information and I am still unsure. I am wondering if it's realistic to get an '09 328i coupe with msrp of $42,000 on a 36mo lease with 15k/year in socal for about 500 a month after all fees/taxes with 0 down.
If this isnt realistic, does anyone have an idea of what a realistic number would be ?
I'm looking to lease a bare-bone BMW 3 series sedan with MT. I did a little bit of research. The cheapest quote I found was $400 a month (not sure how many miles probably 10,000) with no down payment and no deposit plus tax. Although the website I found this deal is a little suspicious. What do you, guys, think is it a good deal?
I just saw this deal listed on Edmunds.com's BMW incentive section:
Leasing There may be other leases available. Contact a local dealer for more information. Start: 04/01/2009 End: 05/31/2009
$559 Monthly Payment Calculate Other Monthly Payments 36 Month Term $3500 Down Payment $600 Security Deposit 10000 Annual Mileage
Restrictions Lease based on 2009 335i xDrive Sedan with Automatic Transmission, Premium Package and MSRP $47,100 including destination charge. Actual price may vary. Dealer contribution may affect terms. See dealer for details. Comments $5,384 due at signing. Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.
My question is: does that advertised $559 includes taxes? It didn't say, "Lease a 09 335xi auto with Premium for $559 per month + tax...!" I just wanted to make sure, so that I don't think the dealership is cheating me when I come in and they tell me it's not $559 per month, but rather $620 per month because of taxes. Also if I wanted to change the deal to 12,000 instead of 10,000 will the special be off the table then, or will they just add $10 per month or so to the monthly payment? Thanks, Car_man.
Here's the information that you're looking for, bocastephen. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 335i Sedan with 12,000 miles per year are .0021558%, respectively.
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Hey bocastephen. BMW's lease program is national. Even though the money factors and residual values do not vary from state to state theoretically one will be able to get a better deal on a leased vehicle in an area that has a large amount of competition than they would in an area that has only one BMW dealer because they will be able to negotiate a lower selling price in the more competitive area.
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Welcome spliffnut. You actually are missing the most important number, this car's selling price. The selling prices of leased vehicles are negotiable and they are a necessary component to calculate payments. For now, I will estimate what sort of selling price you will be able to get so that I can work up a payment for you.
The car that you described probably has a spread of around $3,500 or so between its full MSRP and its dealer invoice price. Add to that the $1,840 credit that dealers are receiving for a free automatic transmission on this car right now and you have a total of around $5,300 to play with during your negotiations. Let's say that you are able to get this car for $750 over invoice. That would amount to a discount of around $4,500 from its MSRP.
According to my calculations, if you were to lease a 2009 BMW 328xi that has an MSRP of $42,445 and a selling price of $37,945 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $527.
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Hi ldodb. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. The car that you described has a spread between its full MSRP and its dealer invoice price of around $3,350. For now, I will assume that you are able to get this car for $750 over invoice, or a discount of $2,600 from MSRP
According to my calculations, if you were to lease a 2009 BMW 328i Coupe that has an MSRP of $42,000 and a selling price of $39,845 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $520.
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Hi investor27. Manufacturers' official advertised lease payments, which is what you saw here, never include sales tax. Not only does not including tax make the payment look better, but it actually makes sense because the method for calculating sales tax on vehicles varies from state to state while this is a national ad.
Savvy consumers who are in an area that has a decent level of competition are usually able to negotiate a better deal than manufacturers' official advertised leases. This makes sense if one thinks about it. Dealers would be pretty darn annoyed if their manufacturer went around advertising the skinniest possible deal on a vehicle. Shop around for the lowest possible selling price and then have the dealer that you go with calculate your car's payment using its buy rate lease money factor.
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I am considering leasing a new 328i coupe through BMW's current lease promo. I am trying to figure out how low I would need to get the MSRP on the car in order to get my payments to the mid 400's with tax. I am also hoping for an increase in mileage allowance.
Thier current promo is: $429*/month for 36 months (Based in a 42K model)
• $429 First months payment • $3,150 Down payment • $450 Security Deposit • $725 Acquisition fee • $4,754 Cash due at signing
The 328 Coupe I would like to lease has an MSRP of $41,575.
Im not sure what thier current lease factors/numbers are or exactly how low I can expect to get the deal. Any assistance would be greatly appreciated.
Hi. I need the money factor and residual for the 2009 328i with auto and sport package. And the same for the 328 coupe, auto and sport package. I've seen that they offer the 328, premium and auto trans for 369 a month. If i change the premium for the sport, the price is almost the same but i don't know if the offer is just for the one with the premium package. I live in Miami Dade area. Thanks
Kudos and thank you for such an informative forum. I have a few quick questions. I am in the market and finalizing my BMW lease deal with a dealership in town. Questions I have that would help me understand the options given to me are: 1. What is the current (May, 2009) money factor for 2009 BMW 328i convertible? 36 months versus 42 months. 2. What is the % residual for a 36 months 10,000 miles/year lease? 3. What is the % residual for a 42 months 10,000 miles/year lease? 4. What is BMW's lease acquisition fee for this vehicle?
I had a bad experience with a delear trying to lease a 328xi with 15000 mi. He was very elusive and difficult to work with. What is the best way to approach a lease? Should I call the dealers, instead of wasting my time in person, and ask over the phone what they have in stock, what is the selling price, % residual and money factor?
He gave me a selling price of about 42,000 on a 328xi, 15k/mi/yr premiumpckge, cold weather package for 560/ month plus 3700 due at signing for taxes, 1st month down payment and acquisition fee. Appreciate any help.
Car man, can you let me know if this is a good lease?
328I MSRP: $42,695 Sales Price: $39,795 Edmunds Invoice: $39,315 Final Price with $2K down payment = $37,795
12K miles a year / 36 months 59% residual and the base factor is .00220 $458.73 monthly payment with out taxes included
My question is do I have more room to negotiate the sales price since since BMW is offering a credit for auto transmission. The residual and base factor appear to be okay per the previous message boards.
Thank you in advance for answering all of my previous questions!
I am almost getting my first ever BMW in my life.
I will purchase a 328i coupe with no option.
But I just cannot figure out taxes on the vehicle. Do I have to pay taxes on total price of car, or I just need to pay a portion of car price I used. The dealer kept saying I need to pay taxes on the total price, but I would like to make sure.
If anyone know the info, would you please let me know? or send me link on any Maryland website at dhyun4@hotmail.com.
I currently have a 2009 Coupe on order for May delivery with a money factor rate of .0017 but see that the rate for May is .0015. Can I get the .0015 rate on my deal? Also read about a $1850 credit for auto transmission available on 328xi. Is this available on coupe as well as sedan and how can I get this worked into my deal on the car I have on order? Any other May over April incentives that I should be discussing when I go to pick up this car?
Hi I will also go to the dealer within a week to order for May delivery. I have a couple of questions. When you ordered for May delivery, did you have to put a deposit on it? The dealer asked me to put a 1K to delivery it.
I just saw yesterday at BMWUSA.com that there is now $1K cash incentive for BMW328 coupe. I guess you can use it as well. good luck.
Would you please share with your deal with me if you dont mine?
My email is dhyun4@hotmail.com.
My deal is 328i coupe without any option and 500 a month 12 k for 36 month.
Car man, can you let me know if this is a good lease?
328I MSRP: $42,695 Sales Price: $39,795 Edmunds Invoice: $39,315 Final Price with $2K down payment = $37,795
12K miles a year / 36 months 59% residual and the base factor is .00220 $458.73 monthly payment with out taxes included
My question is do I have more room to negotiate the sales price since since BMW is offering a credit for auto transmission. The residual and base factor appear to be okay per the previous message boards.
Something is not computing right. I get a per month using those numbers as $488. Admittedly, I am not CarMan. However, I am desperate to lease a 328i using the same rough MSRP and have not gotten lease figures that low. What dealer are you working with Mike141? Does that include the automatic transmission credit? Are you putting an additional $1000 down in addition to the lease cash?
Comments
anyone got any clue as to what the MF and residual on a 128 vert with 10k per year 36 month lease would be?
thx
2009 335 Sedan: .00215
Why is the money factor so much worse for the Sedan? I think they sell a lot more sedan, so I guess they can just push the rate higher and still sell a lot of cars without people realizing?
Any information (or opinion) would be appreciated!
Rob.
328 xi sedan
Base 35600
auto 1325
premium 3350
heated seats 500
metallic paint 550
destination 825
MSRP 42150
Sale price 40320 (edmunds suggests 39897)
resid (36mo 12k) 59%
mf .00175
monthly payment 543.29
upfront 3778
First mo, sec deposit (really?), taxes, bank fee, docs, title
Hope this is helpful
Does anyone have the April 2009 BMW Financial Services' buy rate lease program for the 335i xDrive Sedan?
Looking at the 12k per year, 36 month MF's and residuals.
Also, does the MSD program still apply to lower the MF and are there any incentives for this vehicle.
Thanks in advance.
- Max
He just gives me a cash up front and a payment,. I have a return lease of a 325i that someone helped me with, but they aren't around.
From what I know, up front cost of about $4100 and a payment of about $560 x 36, including taxes. 12,000 mi which is what I do.
Are there ways of finding out? Is there an incentive plan from BMW leasing for me as a return customer.
I saw a recent post from someone in NY that posted for a 335 I think. Thanks.
Riva
Bob
I am hoping that someone can help shed some light on the following situation. I am in the process of negotiating on a lease of a 328i coupe and the deler has presented me with a few different fees that I am not familiar with that seem bogus to me. Can CARMAN or anyone else help by letting me know if these are legitimate costs ( I know that some like license fee and acq fee are, but they seem inflated). I thought that that acquisition fee for bmw was 725.00 and I've never heard of acq tax, cap reduction fee, or tire fee.
Any help would be greatly appreciated as I am supposed to pick up the car tomorrow.
$358.00 License Fee
$925.00 Acq Fee
$8.75 Tire Fee
$185.00 Cap Reduction Fee
$85.56 Acq Tax
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If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 2% higher.
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BMW FS' 10,000 mile per year residual values are 1% higher than its 12k residuals and 3% higher than its 15k residuals.
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You can look up the dealer invoice price of the exact model that you want over in the New Vehicle Pricing section of Edmunds.com. Shoot for a selling price that's as close to invoice as possible. If the salesperson that you are working with right now won't reveal this car's selling price or money factor to you ask for a different sales person or manager at that dealership who is willing to work with a knowledgeable consumer. If that doesn't work, shop around with a few other dealers.
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I currently lease a 328i sedan and took advantage of favorable rates, etc. and have leased many new BMWs of varying models in the past. The 3 series really is one of the best (cars) in my opinion. My current lease is up in a month or so.
I am currently looking to lease an 09 328i with sport, xenon, auto, and alum trim MSRP of about $39K+/-
Here's my dilemma - maybe you can shed some light. Is the "buy rate" of .00175 really the buy rate or best rate available?
I ask because with normal drive off fees, and no cap reduction (I don't beleive in those anymore) the payment on this car at near invoice, (I was quoted $750 over w/out any negotiating) at buy rate, and with loyalty cash of $1k is $508 inc. tax (at 9.25%) on a 12k mile lease.
I've run this through the lease calculator and it seems okay, but I feel like I'm missing something. It just doesn't seem like a somewhat "base" model should calc out at $500 per month. I really enjoy the driving experience of these cars, and everytime I try to cross shop and test drive other brands, I keep coming back to my current (2007) 328i.
Like so many others, I'm trying to watch the budget...Any tips or pointers from you would be greatly appreciated.
Thanks again!
Capitalized cost reductions on the other hand are down payments that are used to reduce the amount financed on leased vehicles. Even though cap cost reductions reduce vehicles' monthly payments, I personally always advise consumers against making them. People who make large cap cost reductions on leased vehicles risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
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In general leases are more expensive today than when you leased your current 3-Series during the heyday of leasing. When gas prices rose and then the recession hit many banks got absolutely hammered because they had way overestimated vehicles future values aka residual values in the past. Banks have become more conservative in estimating vehicles residuals and as a result leasing has become more expensive.
If you're getting this car for close to dealer invoice and the dealer is using its buy rate to calculate your payment you are getting as good a deal as possible. If this car is still too expensive for you to be comfortable with you will probably have to consider going with a different model. While I haven't crunched the numbers myself, I have heard that the Mercedes-Benz C300 is less expensive to lease than the 328i right now. Perhaps you should look into one.
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335 Sedan
HK stereo, leather, auto
36mo, 12k miles
I need these numbers to compute a lease off the currently incentived final selling prices for this model.
Are there any better lease deals in Southern California right now - perhaps better residuals or lower money factors versus other parts of the west coast (i.e. Seattle area).
I am wondering if it's realistic to get an '09 328i coupe with msrp of $42,000 on a 36mo lease with 15k/year in socal for about 500 a month after all fees/taxes with 0 down.
If this isnt realistic, does anyone have an idea of what a realistic number would be ?
I appreciate any help.
Thanks!
TMV® of Vehicle
$36,044
Options for Vehicle
Premium Package
$2,410
Cold Weather Package
$1,045
Logic7 Sound System w/Surround Sound
$795
Comfort Access System
$455
Sport Steering Wheel w/Paddle Shifters Upgrade
$90
Total TMV® for Vehicle Options
$4,795
Destination Charge
$825
Color Adjustment
$0
Total New Vehicle Price
$41,664
Thanks,
Steve
MSRP-37300
Sale price-35000
Money factor -.00195
Residual-.60
36 month 12 k
Nothing down, and everything is rolled into a monthly payment.
$550 a month.
What do you think guys? please let me know, I will have to buy a car by next week becuaase I will be graduating and have to go to work now.!!
thanks,
I just saw this deal listed on Edmunds.com's BMW incentive section:
Leasing
There may be other leases available. Contact a local dealer for more information.
Start: 04/01/2009 End: 05/31/2009
$559 Monthly Payment Calculate Other Monthly Payments
36 Month Term
$3500 Down Payment
$600 Security Deposit
10000 Annual Mileage
Restrictions Lease based on 2009 335i xDrive Sedan with Automatic Transmission, Premium Package and MSRP $47,100 including destination charge. Actual price may vary. Dealer contribution may affect terms. See dealer for details.
Comments $5,384 due at signing. Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.
My question is: does that advertised $559 includes taxes? It didn't say, "Lease a 09 335xi auto with Premium for $559 per month + tax...!" I just wanted to make sure, so that I don't think the dealership is cheating me when I come in and they tell me it's not $559 per month, but rather $620 per month because of taxes. Also if I wanted to change the deal to 12,000 instead of 10,000 will the special be off the table then, or will they just add $10 per month or so to the monthly payment? Thanks, Car_man.
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The car that you described probably has a spread of around $3,500 or so between its full MSRP and its dealer invoice price. Add to that the $1,840 credit that dealers are receiving for a free automatic transmission on this car right now and you have a total of around $5,300 to play with during your negotiations. Let's say that you are able to get this car for $750 over invoice. That would amount to a discount of around $4,500 from its MSRP.
According to my calculations, if you were to lease a 2009 BMW 328xi that has an MSRP of $42,445 and a selling price of $37,945 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $527.
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According to my calculations, if you were to lease a 2009 BMW 328i Coupe that has an MSRP of $42,000 and a selling price of $39,845 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $520.
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Savvy consumers who are in an area that has a decent level of competition are usually able to negotiate a better deal than manufacturers' official advertised leases. This makes sense if one thinks about it. Dealers would be pretty darn annoyed if their manufacturer went around advertising the skinniest possible deal on a vehicle. Shop around for the lowest possible selling price and then have the dealer that you go with calculate your car's payment using its buy rate lease money factor.
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I am considering leasing a new 328i coupe through BMW's current lease promo. I am trying to figure out how low I would need to get the MSRP on the car in order to get my payments to the mid 400's with tax. I am also hoping for an increase in mileage allowance.
Thier current promo is:
$429*/month for 36 months (Based in a 42K model)
• $429 First months payment
• $3,150 Down payment
• $450 Security Deposit
• $725 Acquisition fee
• $4,754 Cash due at signing
The 328 Coupe I would like to lease has an MSRP of $41,575.
Im not sure what thier current lease factors/numbers are or exactly how low I can expect to get the deal. Any assistance would be greatly appreciated.
Thanks in advance,
Sean
09 328xi Black Sapphire with SaddleBrown Interior
Premium and COld Weather Packages
Navigation
IPOD and USB Adapter
$599 per month
3 years, 12k per year
$1600 due at signing
all in the payment (including taxes) except Motor Vehicle
Any thoughts on the lease deal? How about the car, anyone driving this that can share their experience?
thanks!!!!!
Kudos and thank you for such an informative forum. I have a few quick questions. I am in the market and finalizing my BMW lease deal with a dealership in town. Questions I have that would help me understand the options given to me are:
1. What is the current (May, 2009) money factor for 2009 BMW 328i convertible? 36 months versus 42 months.
2. What is the % residual for a 36 months 10,000 miles/year lease?
3. What is the % residual for a 42 months 10,000 miles/year lease?
4. What is BMW's lease acquisition fee for this vehicle?
The MSRP of this vehicle with options is $53,900.
Thank you in advance!!
-Rez
He gave me a selling price of about 42,000 on a 328xi, 15k/mi/yr premiumpckge, cold weather package for 560/ month plus 3700 due at signing for taxes, 1st month down payment and acquisition fee. Appreciate any help.
328I
MSRP: $42,695
Sales Price: $39,795
Edmunds Invoice: $39,315
Final Price with $2K down payment = $37,795
12K miles a year / 36 months
59% residual and the base factor is .00220
$458.73 monthly payment with out taxes included
My question is do I have more room to negotiate the sales price since since BMW is offering a credit for auto transmission. The residual and base factor appear to be okay per the previous message boards.
Thanks for your input
Thank you in advance for answering all of my previous questions!
I am almost getting my first ever BMW in my life.
I will purchase a 328i coupe with no option.
But I just cannot figure out taxes on the vehicle. Do I have to pay taxes on total price of car, or I just need to pay a portion of car price I used. The dealer kept saying I need to pay taxes on the total price, but I would like to make sure.
If anyone know the info, would you please let me know? or send me link on any Maryland website at dhyun4@hotmail.com.
Thanks.
I currently have a 2009 Coupe on order for May delivery with a money factor rate of .0017 but see that the rate for May is .0015. Can I get the .0015 rate on my deal? Also read about a $1850 credit for auto transmission available on 328xi. Is this available on coupe as well as sedan and how can I get this worked into my deal on the car I have on order? Any other May over April incentives that I should be discussing when I go to pick up this car?
Thanks in advance for the help.
I just saw yesterday at BMWUSA.com that there is now $1K cash incentive for BMW328 coupe. I guess you can use it as well. good luck.
Would you please share with your deal with me if you dont mine?
My email is dhyun4@hotmail.com.
My deal is 328i coupe without any option and 500 a month 12 k for 36 month.
Money factor is .0015 and residual value is 60%
Thanks.
328I
MSRP: $42,695
Sales Price: $39,795
Edmunds Invoice: $39,315
Final Price with $2K down payment = $37,795
12K miles a year / 36 months
59% residual and the base factor is .00220
$458.73 monthly payment with out taxes included
My question is do I have more room to negotiate the sales price since since BMW is offering a credit for auto transmission. The residual and base factor appear to be okay per the previous message boards.
Thanks for your input
Thanks,
Brian