BMW 3-Series Lease Questions

egold1

The best I could get for 2006 m3 is MF .0034, selling price $500 off msrp. Acquisition fee $825. Since this car is going out of production is there any room for negotiating?

bdr127

Since this car is going out of production is there any room for negotiating?

Maybe... There usually isn't too much moving on M cars. You are right that the current E46 M3 is going out of production, but the '07 model won't be produced for at least another year.

Everyone thought BMW would present the new M3 at the Frankfurt Auto Show in September, but they didn't. There are still questions up in the air about whether they'll make a soft or hard top convertible.... It's just way too far off for dealers to be concerned about '06 overstock.

egold1

the dealer is saying this is the last production spot(march) that they have got from bmw. Does anyone know how long they will continue to build this model?

oghowie

Does anyone know what the MACO fee should be in the SoCal (OC / San Bernandino County Area)?

I'd just like to know how much they'll be adding ontop of the invoice prices that are listed on the internet.

pil

Thanks for the reply Car_man. The BMW dealer gave me a quote of $34,130 - 325xi with sports package. Can I do better on price? Total lease pkg is as follows:

Purchase price - $34,130 (325xi w/sports pkg)
36 pmts
15k miles
61% residual
Up front cost - $748.91
PMT - $597/mo

I can't swing it at this monthly PMT. I need to be at/below $500/mo. Let me know your thoughts.

Thanks

ldock25

Hello Car Man,

I have a question about a 2006 325i lease. I have been working with my dealer for a couple of months now. Here is the bottom line offer from them:

2006 325i
Black/Black
Manual
Heated front seats
24 month/20,000 miles
$2300.00 total out of pocket (includes 1st month, taxes, title, ect)
$399.00 per month (including tax)

Is this a good deal or can I do better?
Thanks for any input.

Mike

CarMan@Edmunds

Hi everyone. BMW is scheduled to publish its new March lease program today. I should have an opportunity to take a look over within the next couple of days. I would appreciate it if those of you who still have questions about leasing one post a note for me in this discussion later on this week. I'll be happy to answer any questions that you have on the new program then. Thanks.

Car_man
Host
Smart Shopper / Prices Paid Forums

ilcapo

What dealership gave you that great deal?? Please let us know

jjota

car_man check this deal for me please.

went to dealer that have a current lease due in april

330xi
auto, prem. pkg, heated seats, blk/blk
msrp--43,170 sell--41,170
3 yr/30k lease
rate--.00225
residual .64
$2,500 initial pmt (what should be the breakdown for these
payment)
$544 per month
residual value $27,628
do you think it's a good deal or can get something better for a return customer. also acq fee is $825, is that right ? are the numbers right?

thanks,
jjota

citymom

I want to lease a BMW, but I am sooooo confused with this stuff...I went to a dealer yesterday in Atlanta, GA and they offered me.....

2006 325i
white
beige leatherette
sat prep
$34900
plus $595????
12k/36mth
he said about $420-480

is this right?

All I really want is
nonmetallic
leatherette
bluetooth
maybe heated seats.....

I drive less than 10k
really just want to get in a BMW for the first time...

How do they go about financing, are the tough on the credit?

Thanks!!!!!!!!!

evoic

(This will be my 3rd consecutive BMW if all goes well.)
I am coming to the end of my current lease shortly and
would like to request the following vehicle.

Monaco Blue or Black paint
Black or Grey Leather or Leatherette Interior
Sport & Automatic only.
This car should invoice somewhere around $38,500

I would like to pay $39,250 for that setup.

I currently have a 2003 330i, Blk on Blk, Sport,
Premium, Auto, Xenon, Harmon Karden, Chrome "M" racing
wheels and 29,800 miles on the odometer.
My payoff on this vehicle is $25,393.
Private party pricing for "good" (My car is in
excellent condition) is approx $28,500+, this creates
a delta of just over $3,000.

I will put down $1,000 cash if the dealership will
purchase my car and give $1,750 towards the new lease
for it. My vehicle retails for $31k+, so this should
not be too much of a stretch.

This is the deal that I have calculated and what I'm
willing to pay for a lease if it's possible.

MSRP: $42,095
Base Cap Cost: $39,250
Trade: -$1,750
Cash Down: -$1,000
DMV Fees, etc.: $1,000
Adjusted Cap Cost: $37,500
Residual: 64% ($26,941)
Money Factor: 0.00195 (4.69%)
Term: 36 Months
Sales Tax: 7.775
Monthly Payment: $451.54

My credit score is just over 700 as of 2.24.06

So.....Do I have a snowball's chance in hell?

bdr127

Are you including the $625 (sometimes dealers charge $825, though) for the lease aquisition fee?

Are you also including the security deposit? Or did you bump the money factor to waive it?

I wouldn't expect to get private party price for a trade-in.... Not to mention that KBB prices for BMWs tend to be higher than auction prices to begin with.....

kyfdx

You have a nice low-mileage car (I won't say anything about chrome wheels....oops).. You should try selling it yourself...

You are hoping for $27,100 on trade... but, realistically, wholesale is probably nearer to $23K on that car.... It is well-equipped.. maybe if it looks like new, you could get a dealer to come close to your payoff, but I don't think there is any way you are going to see positive equity, without selling it yourself.. (chrome wheels?).

$750 over invoice, with the base rates? That could happen, if all the stars align... Your numbers look solid there, if you can get a dealer to go for it...

You still have plenty of warranty left... I would drive your current car until the four years is up.. Any particular reason you want to get rid of it?

regards,
kyfdx

mnoker

Here you go

Add 2% to Residual Value for 12k mi/yr and 3% for 10k mi/yr on all terms

2006 MODELS

325i Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00275 Base Money Factor Rate
36 mo/15k mi – Residual Value 62% of MSRP – .00250 Base Money Factor Rate
48 mo/15k mi – Residual Value 45% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 36% of MSRP – .00300 Base Money Factor Rate

325xi Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00275 Base Money Factor Rate
36 mo/15k mi – Residual Value 61% of MSRP – .00250 Base Money Factor Rate
48 mo/15k mi – Residual Value 45% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 36% of MSRP – .00300 Base Money Factor Rate

325xiT Wagon / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 69% of MSRP – .00200 Base Money Factor Rate
36 mo/15k mi – Residual Value 59% of MSRP – .00200 Base Money Factor Rate
48 mo/15k mi – Residual Value 43% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 35% of MSRP – .00300 Base Money Factor Rate

325Ci Coupe / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 67% of MSRP – .00150 Base Money Factor Rate
36 mo/15k mi – Residual Value 57% of MSRP – .00150 Base Money Factor Rate
48 mo/15k mi – Residual Value 43% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 34% of MSRP – .00300 Base Money Factor Rate

325Cic Conv / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00260 Base Money Factor Rate
36 mo/15k mi – Residual Value 58% of MSRP – .00260 Base Money Factor Rate
48 mo/15k mi – Residual Value 45% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00300 Base Money Factor Rate

330i Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00220 Base Money Factor Rate
36 mo/15k mi – Residual Value 62% of MSRP – .00195 Base Money Factor Rate
48 mo/15k mi – Residual Value 45% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00300 Base Money Factor Rate

330xi Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00250 Base Money Factor Rate
36 mo/15k mi – Residual Value 61% of MSRP – .00225 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00300 Base Money Factor Rate

330Ci Coupe / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 67% of MSRP – .00150 Base Money Factor Rate
36 mo/15k mi – Residual Value 57% of MSRP – .00150 Base Money Factor Rate
48 mo/15k mi – Residual Value 41% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 33% of MSRP – .00300 Base Money Factor Rate

M3 Coupe / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 68% of MSRP – .00300 Base Money Factor Rate
36 mo/15k mi – Residual Value 58% of MSRP – .00300 Base Money Factor Rate
48 mo/15k mi – Residual Value 48% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 40% of MSRP – .00300 Base Money Factor Rate

330Cic Convertible / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00260 Base Money Factor Rate
36 mo/15k mi – Residual Value 58% of MSRP – .00260 Base Money Factor Rate
48 mo/15k mi – Residual Value 45% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 37% of MSRP – .00300 Base Money Factor Rate

M3 Convertible / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 65% of MSRP – .00300 Base Money Factor Rate
36 mo/15k mi – Residual Value 57% of MSRP – .00300 Base Money Factor Rate
48 mo/15k mi – Residual Value 46% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 38% of MSRP – .00300 Base Money Factor Rate

525i Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00195 Base Money Factor Rate
36 mo/15k mi – Residual Value 60% of MSRP – .00160 Base Money Factor Rate
48 mo/15k mi – Residual Value 40% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 32% of MSRP – .00300 Base Money Factor Rate

525xi Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00195 Base Money Factor Rate
36 mo/15k mi – Residual Value 60% of MSRP – .00160 Base Money Factor Rate
48 mo/15k mi – Residual Value 40% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 31% of MSRP – .00300 Base Money Factor Rate

530i Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00175 Base Money Factor Rate
36 mo/15k mi – Residual Value 59% of MSRP – .00140 Base Money Factor Rate
48 mo/15k mi – Residual Value 38% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 30% of MSRP – .00300 Base Money Factor Rate

530xi Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00175 Base Money Factor Rate
36 mo/15k mi – Residual Value 59% of MSRP – .00140 Base Money Factor Rate
48 mo/15k mi – Residual Value 39% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 31% of MSRP – .00300 Base Money Factor Rate

550i Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 70% of MSRP – .00200 Base Money Factor Rate
36 mo/15k mi – Residual Value 60% of MSRP – .00200 Base Money Factor Rate
48 mo/15k mi – Residual Value 38% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 30% of MSRP – .00300 Base Money Factor Rate

M5 Sedan / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 70% of MSRP – .00300 Base Money Factor Rate
36 mo/15k mi – Residual Value 57% of MSRP – .00300 Base Money Factor Rate
48 mo/15k mi – Residual Value 44% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 35% of MSRP – .00300 Base Money Factor Rate

530xiT Wagon / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 71% of MSRP – .00135 Base Money Factor Rate
36 mo/15k mi – Residual Value 60% of MSRP – .00100 Base Money Factor Rate
48 mo/15k mi – Residual Value 37% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 29% of MSRP – .00300 Base Money Factor Rate

650Ci Coupe / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 65% of MSRP – .00300 Base Money Factor Rate
36 mo/15k mi – Residual Value 54% of MSRP – .00300 Base Money Factor Rate
48 mo/15k mi – Residual Value 43% of MSRP – .00300 Base Money Factor Rate
60 mo/15k mi – Residual Value 35% of MSRP – .00300 Base Money Factor Rate

650Cic Convertible / Compare Instant Lease Quotes

24 mo/15k mi – Residual Value 67% of MSRP – .00300 Base Money Factor Rate
36 mo/15k mi – Residual Value 57% of MSRP – .00300 Base Money Factor Rate
48 mo/15k mi – Residual Value 47% of MSRP – .00300 Base Money Factor Rate
60

CarMan@Edmunds

Hi jjota. The lease money factor and residual value that you were quoted for this car are right in line with BMW Financial Services' current base lease program for it. This is a good sign because it means that the dealer that you are working with is not trying to mark your car's money factor up to add additional hidden back-end profit to your deal.

At lease signing, BMW FS requires lessees to pay their vehicle's first month's payment, a security deposit that is equivalent to that payment rounded up to the nearest $25 increment, its $625 acquisition fee, any down payment that they want to make (ideally this should be zero), and any required state taxes or fees.

I just used the prices that you mentioned in your post to estimate what this car's lease payment should be right now and according to my calculations, its 36 month, 10,000 mile per year, zero down, pre-tax monthly payment should be around $531 assuming that you are paying a security deposit.

For additional feedback on tthis car's selling price, make sure to stop by the following discussion: "BMW 3-Series: Prices Paid & Buying Experience".

Car_man
Host
Smart Shopper / Prices Paid Forums

CarMan@Edmunds

Hi citymom. There's no need to be confused about leasing. Edmunds.com has tons of information on how it works. You definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion on this lease if you let me know what this car's selling price is.

Car_man
Host
Smart Shopper / Prices Paid Forums

stetsonhatter

Do you know the numbers for the Mini are comparable to these?

jjota

car_man

thanks for the info. and providing us with valuable information in dealing with complicating process.

thanks again.

jjota

seand01

Hi
I have a 2004 330ci loaded (Sport, Cold weather, and Premium package). The car has 15,000 miles and is an excellent condition. I want to get out of the lease early. I put a good deal of money down when I first got the car to keep my payment low $400 a month.

Could I sell the car and recoup some of the intial downpayment? or am I nuts.

Suggestions?

Thanks in advance.

P.S. I want to get the new 06 Porsche CaymanS

crxr7

What are the current residual and money factor rates for 06' 325ci convertible, 24months 10k yr/ 36months 12k yr? Is this dependent of transmission type?
Your help is greatly appreciated. Thanks

gafferdy

Hi Everyone,

After reading some of the posts here, I think I may have over paid.

I'm paying $575.00 for a 2005 3 series lease. 36moths/12k
It's got the sport package.

Can someone confirm this for me?
Thank you

bdr127

When did you get it? BMW hasn't leased 2005 3-series for a couple months....

Regardless, we'd need a lot more details to know whether it was a good deal or not.... MSRP, selling price, trade-in (equity/negative equity), money down, miles per year, etc...

gafferdy

I got it about 10 months ago.

gafferdy

I'll look up the MSRP and all the other stuff and post it.

Thanks for your help

bagshaw

Seand01,

You should consider posting your car on Swapalease.com. Great way to unload your current lease. My wife and I rolled out of our lease 18 months early using Swapalease. In fact, I'm actively looking for a 16-24 month lease on a 3 series BMW on swapalease now and I'm patiently waiting for the right car to come along.

soxfan55

After leasing a few cars it never ceases to amaze me how many pitfalls the dealers throw out there. I just found out for example that the dealer can mark up the acquisition fee (thought these were set by manufacturer)
Anyway I'm looking at 325xi lease for wife. Base car with Prestige and auto. 38,720 MSRP- 36 mos. 10,000 miles. Residual is 64%. I was quoted .0029 MF instead of ,0025 posted earlier which also bothers me.

Also for a twist dealer will use his tax credits to cover my sales tax IL (2500 savings for me)which I have done before and is a very good deal-however he thinks that this puts him in the drivers seat and doesn't want to negotiate hard on the price as a result. Any thoughts on this and to reiterate what I am seeing on the forums with $1000-1500 over cost as going sale price.


AND I just noticed for the first time on Edmunds an incentive lease for the 325XI 429 with money down- any info on this please. (No details are listed on the site, I will check the BMW site)

Sorry for the long post- good information will be truly appreciated.


THANKS

jvpr

Does anyone know what beacon BMW uses as a minimum to approve a lease?

Also does BMW use an automotive fico or beacon (credit score based on former auto loans and leases)?

jvpr

Hi!

What credit report does BMW pull- Equifax, Transunion or Experian?

Do they pull all three or just one? Do they pull a random one?

What is the minimal beacon score BMW Financial requires to lease a 330i? I am in the mid 600s on Equifax and Transunion. The dealer says I should have no problem at all in getting approved- not sure I believe him.

Has anyone out there been approved with a beacon score in the mid 600s?

I feel I have better chances of getting approved on a lease with Lexus Financial. The Lexus IS 350 is my second choice of car.

I know BMW uses a pass / fail system- BUT what beacon is the cutoff for leases? What's the minimal beacon they want to get approved on a lease?

The dealership is telling me that I can get into a lease with a 650 beacon score- is that true?

Any info would really be appreciated!

J

bdr127

Simply put, there are some people with mid-600s that get approved, and there are some that don't. Heck, some people in the low-500s can get approved with the right conditions.

There are many more factors for an approval than just a credit score..... To name a few: income, price of car, time at current address, time at current job, "car credit" (how well you have paid specifically car loans), money down, trade-in, etc.

There's no way to know for sure unless you pick a car, negotiate a price, factor in any money down and/or trade-in, do a credit app, and submit it all to BMWFS. One simple number isn't the only important component.

bmag65

I am looking to lease the following car:
2006 BMW 325i (Titanium Silver)
Automatic
Leather (Grey)
Sport Package
Premium Package
Heated Seats
Navigation
Satellite Radio Prep

The Terms I need are 3 years and 20K a year miles.

MSRP: $40,345
Invoice: $37,005

What can I expect for a monthly payment? I have access to $3-4K to put down. I live in California and the sales tax is 7.75%. The car will be leased by my company so the money is not out of my pocket. I have good contacts with the owner of the dealer so I am hoping I can get a purchase price somewhere between $500-$1000 over invoice.

Thank you in advance for any help.

montanas

My wife's Z4 lease is coming up in a couple of months. When we leased it back in June '03, the multiple security deposit program then allowed 10 additional deposits, each one which lowered the money factor by 0.0001. I know the MSD program has been scaled back somewhat since then, but does anyone know the current limit (I've heard both 7 and 5) and by how much the money factor is lowered for each additional deposit? Trying to figure out the rate of return I would need on the deposits to match the lease savings to see whether it is still worth it. Any information would be appreciated. Thanks very much.

montanas

Answering my own question, 7 is the maximum number of multiple security deposits, and the money factor is only decreased by 0.00007 for each additional deposit (maximum buy down of 0.00049). Not nearly as good a deal as it used to be, but might still be worth it depending on what return you think you can get on the money.

skobola

Also, I was told by my dealer in New York that NY has a cap of $750 for the (multiple) security deposit(s), which disables them. Otherwise, in my lease the 7 SDs would gain more than a 22% return in a 2-year lease, which is pretty good nowadays, i.e., more than 11%/year.

jvpr

Do you know if anyone has been approved with a beacon in the 600s and how high the score was?

Do you know what credit report BMW Financial uses?

I'm at a 670 Equifax score and I'm kinda nervous about them pulling up my credit and me not getting approved. I know Lexus would approve me since they are on a tier method and 670 is good enough for them- but BMW is very secretive about the beacons. I make $85,000 and have 100k in law school loans on deferment status. I also just paid all of my credit cards and I have not one late payment on my current car. I pay $450 a month religiously. I would like to know what kind of a chance I have to get into a BMW lease. Can you give me advice? Do you think I can get approved?

bdr127

From what you have said, I think you have a good shot at getting approved. There are a ton of variables, but based on the info above, I would be optimistic. I have heard of people with lower credit scores and less income get approved.

Of course, one big variable that you haven't mentioned is what car and at what price you are looking to get. Since you have cross-posted your msg in all sorts of forums, it's hard to get an idea of what kind of car you're looking at.....

jvpr

Hi!

Thanks for replying so quick! I am planning on getting either a 325 with a sport package and premium package or a plane jane 330.

Do any of these make a difference?
Does BMW have a preference on leasing one over the other?
Is there anything I can do to get approved easier?
More downpayment maybe?
I really want the beemer!
J

jvpr

I am also looking at the Audi A4 2.0T as the second option- but not sure what kind of credit score they want and what credit report they pull. Do you know?

J

jvpr

Car: BMW 325
Income: 85,000
Price of car: 38,000
Time at current address: 5 Years
Time at current Job: 3 Years

No late payments on current car loan for 1.5 years. I pay 450.00 a month.
No credit card balances.
High credit card limit = 3000.
High credit limit = 20,000 on Jeep Wrangler
2 collection accounts paid in full in 2004
Current beacon 670 on Equifax. 650 Transunion.
Downpayment $3000.
What do you think?
Do you think I can get approved?
Any knowledge of anyone approved with something close to this?

03accordman

Quiestion on leases/MSDs; would apreciate suggestions; am a new BMW prospect so don't have much knowledge on this.

What is the difference between base MF and the MF the dealer may give you? For example, base MF for 330i is .00195, should't the dealer give this? Also, can one lower the MF below base MF by giving multiple Security deposits? How is MF coverted to % as in a conventional loan?

jvpr

To convert the money factor to apr% in a conventional loan- simply multiply the MF they give you by 2400. Don't ask me why it's 2400. I was told it's 2400 from a finance manager at a very big dealership in Miami.
Hope this helps...
J

selm

Right now, the money factor on the 330 is lower than on the 325. The residuals are the same so an equally priced 330 and 325 would result in the 330 being cheaper. If you give the experts the msrp for both cars and your expected selling price, they will tell you the monthly payment on both.

jvpr

I have the following scenario and would like to know if you think BMW will approve me on a 325 or 330 lease.

Car: BMW 325 or 330 (Will BMW prefer to approve me on one over the other?)

Income: 85,000
Price of car: 38,000
Time at current address: 5 Years
Time at current Job: 3 Years

No late payments on current car loan for 1.5 years. I pay 450.00 a month.
No credit card balances.
High credit card limit = 3000.
High credit limit = 20,000 on Jeep Wrangler
2 collection accounts paid in full in 2004
Current beacon 670 on Equifax. 650 Transunion.
Downpayment $3000.
What do you think?
Do you think I can get approved?
Any knowledge of anyone approved with something close to this?
J

dlscarnut

I'm looking to buy a new 2006 325ci with an MSRP of $45,920. I've seen MF of .0026 and residual of 60% for 36 months and 12K/yr.

In using various lease calculators, I'm coming up with around $550 per month with total of $2000 out of pocket (first month payment, taxes, etc.) I assumend a discount of $2k off sticker. Am I in the ballpark? Are they dealing much on these considering the body style is going away? I don't have a trade.

Thanks

gafferdy

Last April I leased a 2005 325i. I have my contract in front of me but I'm not sure what info to post in order to find out if I got a good deal.

Please help?

viperstormvf

Hello I would like to know if I'm getting a good lease on the following deal. Its a 330i 06 with premium pkg, sports pkg , cold weather pkg, alarm, smimonized in Electric red. My total out of pocket is $5600(1st month $399,security $400, acquisition fee $625,cap cost reduction of $2995) and my monthly will be $399 a month. Its a 24 month lease/10k miles a year. Not sure of the msrp but If I can recall its about 43k. I haven't totally comitted myself because I'm still a little unsure. Also the vehicle already has 48 miles on it. Is that alright? Forgive me but i'm a little new to leasing. Thanks in advance.

AlexF.

kyfdx

I read some of your earlier posts... It looks like you paid MSRP for a $35K car... and probably had the money factor bumped, as well...

Worst case? You are out maybe $2000-$3000 more over the life of the lease, than if you knew what you were doing, and negotiated a good deal..

Really... all water over the dam (or under the bridge?). There is nothing you can do to make up for it now.. I'm sure every one in the forums has made a bad car deal (or two) before they learned what they were doing.. I know for sure that I have..

At least you picked a really great car.. Concentrate on that part of it.. Next time, do your research here.. get someone experienced to go with you.. and you'll get a killer deal... By the time you are my age, you'll have made up for that bad deal a dozen times!!

regards,
kyfdx
The past is behind us..

bdr127

I have the following scenario and would like to know if you think BMW will approve me on a 325 or 330 lease.

You should be fine....

agbasher

SS,

did you get those terms from a dealer, or simply online up to this point?

How prepared do I need to be before talking with a dealer?

agb

agbasher

I have never purchased or leased a car.

Is residual value calculated on MSRP or what I ultimately negotiate as cap cost with dealer?

Also, what lease factors are negotiable? MF, miles, end of lease buyout price?

Thanks!

skobola

Is it true that dealers in New York (state) cannot allow multiple security deposits due to some cap which is about $750 for sec deposits, which then would nowadays allow only one sec. deposit? I asked BMW FS, and they told me that they let the dealers decide. I believe that this is stupid for BMW to let dealers decide, but this would be a completely new topic, which actually I do not want even to start... But anyway, I would appreciate if someone can let me know about MSDs in NY. Thanks.