BMW 3-Series Lease Questions

rlsrlj

I am wanting to lease a 328i sedan..I see the MF and Res. posted for 15k miles a year for 36 months, anyone know what they are for 12k miles a year?

Thanks!

jayvis

I need the March money factor and residual on a 2010 328ix sedan 10,000 mile 36 month lease. Can you help me Car Man?

triks86

2010 335xi
black sapphire metallic
black dakota leather
cold weather package
premium package
sport package with paddles
navigation

MSRP 54,000
Dealer Price 51,000
685/month 36 months
4038 due at signing (includes taxes & fees, first months payment and 750 deposit)

What do you guys think? should I pull the trigger, I have till monday to decide. Im in love with the audi s5 but the lowest payment I can find is 849 a month. This car is nice but im not in love with her. I live in upper westchester and BMW is a dime a dozen, although not to many 335xi. Please give me some insight gentleman

bmwbeginner

Can someone please help me?

I am looking to lease a BMW 328i 2010
Black leather
Premium Package
Steptronic automatic
Heated front seats
Xenon headlights
Navigation system
10k miles

MSRP: $41,150
MF: 0.0026
Monthly pymts: $660 (incl. tax)
Total due at signing: $1,960 (incl. 1st payment, $2500 credit, tax, fees, 700 security deposit)

Please let me know what I should reasonably expect the monthly payments to be. Any help would be greatly appreciated. Thanks!

seekingaudia4

Thank you for the input. I agree the 335d performance was surprisingly good for a diesel, and quiet, not to mention the MPG. Did you get the listed hwy and city MPGs? How long did it take from order to delivery?

Actually the reason I have to go with a 335 not 328 is because the 328 comes with 16" wheels standard which looked too small for the size of the car, but to get the 17" the sport package is required, I tried a 328i with sport package the ride was too bumpy. Interestingly BMW is the only brand that has 16" standard, most all others have standard 17" wheels.

Surprisingly though the 335d sport with 18" wheels rode more softly than the 328i 17" sport.

I am disappointed though reading most lease deals here it seems most dealers are not willing to lease at near the bottom.

Firebird_EOU

What is the money factor used?
Does this have the M Sports Package?

Carsdirect.com quotes $48,544 for a car at MSRP $54,300.
Also how many miles per year?
Have you considered MSD (Multiple Security Deposit)?

jrk3

looking to lease a bmw 335i with M sport package and all other options. Includes performance package that boosts hp by 35. MRP is 59000. Lease quote is 794 per month with 5000 cash down in addition to fees and first month lease payment. 12000 miles per year. What should I really pay.

bderush

335i MSRP for $51550

36 month lease

10 Miles

0 out of pocket

$652 + tax per month

or a 335D MSRP of 54,675

36 months

10k miles

1500 total drive off

$707 a month

Are both good deals? Can I do better? Looking for input

chriso59

Hi Carman,

I've moved on to looking at BMWs over Audis due to their superior residuals and $2500 cash incentive right now. As nice as the Audi's look, I simply cannot overlook the cost differential.

So, I am looking to lease a 2010 328xi wagon for 36 months with 15k miles/year. Does it make a difference if its a manual vs. automatic? I'm probably going to go with an auto, if it does.

I really appreciate the help!

Thanks,
Chris

seekingaudia4

Still no answers to the 355i or 335d MF/RV for 36mo./12k or 15k?

I used the BMW online ad to back calculate the 335i MF at 0.00144 and RV of 58% for 36/10K, am I close? How about 12k and 15k?

Thanks.

anowlan

I achieve 27 mpg in mixed driving. At 65mph, one can acheive more than 40mpg quite easily. It gets about 32mpg at a pretty steady 89mph, which is quite amazing. The suspension is tuned specifically for the d, and rides smoother than my 335i when comparing sport to sport suspensions. Hope that all helps.

lovebimmers

Just got a quote today that seemed high. 2010 328i, pp, ipod, etc. with an MSRP of $38,170. For 10k miles/year with $1,500 cash at signing it came out to about $535/month. When I asked about the money factor, he dodged me a bit but I think he said 0.0025.

Any idea of whether this is a good deal, current with the latest numbers? Seems high based on the calculations I've run by at least a hundred dollars.

jimbob2010

I don't think this is a good deal. MF should be 0.0016. If you have the cash, do MSD will bring MF down to 0.00111. With the $2500 spring cash incentive, your monthly payment should be less than $500 including tax...

seekingaudia4

MF at 0.0016? I thought Car_man said 0.0022 for 328i. Did they just lower the MF very recently?

Also reading the Edmunds 2011 328i page it appears for MY11 17" wheels are now standard, if so the 328i will be back on my list since I don't like the stiff sport suspension but want the 17" wheels, just need to know when they will offer the $2,500 rebate on the 2011 models:-)

lovebimmers

Just got quoted 0.0026 MF from another dealer on a 2010 328i with 58% residual. So far, I've only heard from 0.0025 and up from there. What gives?

seekingaudia4

It has been my experience from dealing with the BMW dealers that there is this level of pride and arrogance you do not see from the other dealers. I guess the higher MF proves what Car_man had said, the BMW dealers are notorious for jacking up the MF.

jimbob2010

You are right. I was referring to the coupe. The sedan is 0.00220. My CA said there is no $2500 rebate on the 2011 models at this time...

Kirstie_H

Recently lease a car? A reporter wants to hear about the deal you struck. Please email pr@edmunds.com by Wed, Mar 24, 2010 with a few words about your negotiation and/or incentive deal.
Thanks,
Jeannine Fallon
Corporate Communications
Edmunds.com

bderush

Hopefully I did ok

2010 Bmw 335 Convertible MSRP 61850

Leased for 36 months and 10k miles per year

2500 total out of pocket

$635 a month + tax

bassholic

what was the cap cost, not msrp?

metahuman

I'm nearing the end of my current BMW lease and, as such, I'm considering the options I have before me. One option would be to lease a new BMW... after all, now seems to be quite an opportune time.

With that said, I went to the BMW website and jotted down the particulars for the current 328i Sedan offer:

MSRP = $38,050
Spring Drive Credit = $2,500
Down Payment = $3,500
Residual = $22,069
Total of Lease Payments = $12,564
Monthly Payment = $349
Term = 36 Months
Security Deposit = $350
Acquisition Fee = $725

I then went ahead and calculated what I believe is the offer-specific Money Factor. Essentially, I backed into the MF by first "solving" for the other components of the lease formula:

Lease Payment before Tax = Depreciation Fee + Finance Fee

Deprecriation Fee = (Net Cap Cost - Residual) / Term = $277.25

Finance Fee = (Net Cap Cost + Residual) x Money Factor = $71.75...at this stage, I got to the Finance Fee by simply subtracting the Depreciation Fee above from the Monthly Payment of $349.

The only unknown above is the Money Factor, but solving for it was easy enough. What I came up with was 0.00133.

Seems quite low, especially since a couple of weeks someone posted 0.00220 as the current BMW 328i Sedan MF. Does this seem right? The math works. But the math is only as strong as the formula used... and since I got the formula from a website I found via Google, I just want to make sure I'm right.

Thanks for whatever assistance anyone can lend.

kyfdx

You are missing two variables..

The money factor... and, the selling price of the vehicle (unless you are paying full MSRP?)..

Can't solve for one, without the other..

seekingaudia4

If you read the Edmunds posted lease numbers, the above deal also includes a $1400 or $1600 "dealer contribution", if you take that into consideration the MF will be higher, but still lower than 0.0022.

We have asked Car_man for the MFs and RVs for several lease scenarios, still waiting for the answers.

bderush

Sorry for the delay. Money factor was 0.0016, purchase price was 55,100. Loving the car so far.

newbmmer

Hi all, I just got a quote for a 2010 328i lease, please let me know if this is a good deal:

2010 328i sedan, premium package, auto trans, xenon headlights,
space grey metallic paint, value package

MSRP: $39,500
Residual %: 58%
Money Factor: .00220

Due up-front (fees + tax+ first month payment): $5462.00
Final Monthly Lease Payment (including all taxes and finance fees): $416.88

First time to lease a BMW, and still learning my ropes.

Thanks for sharing your thoughts

bderush

Assuming that they are contributing $2500 and thus your drive off is 2900 I would say that is probably a decent deal. Did they tell what the purchase price was?

zigster38

Of all the BMW lease deals, the one for the 335d (the car I want) seems the best:

$469 First months payment
• $3,800 Down payment
• $500 Security deposit
• $725 Acquisition fee
• $5,494 Cash due at signing

That's on a price of $47,475.00 includes premium pack and auto. With the "Eco" rebate of $4500 and also getting close to invoice, I'm sure you could get 8k off whatever they are asking for these cars. I'll talk to the dealers and keep you guys updated.

newbmmer

Is the base money factor different between the coupe and sedan? For 2010 328i sedan lease, the base MF is 0.0022.

Another question is how did you negotiate the deal so that you do not have to pay additional down payment other than the $2,500 Spring Drive credit?

Thanks

seekingaudia4

"I'll talk to the dealers and keep you guys updated. "

Please do, I am narrowing it down to the 335d too, thank you!

newbmmer

No, the $2500 is not included in the Due up-front $5462. Based on what you have said, I still have a way to go to get a decent deal.

BTW, the selling price on the vehicle is $37,410, $500 above the factory invoice price. How much lower should I expect to bargain?

heathmac

I am getting pretty close on going with a 328i xDrive. It has the following features:

Premium Package
Value Package
STEPTRONIC automatic transmission
Heated Steering Wheel
Navigation system

MSRP: $42,890
Selling: $38,390
MF.0020
Residual: $24,876.20 - 58%
Due at Signing: $4,000
36 Months 10K per year

Total payment: $475.00

Thoughts?

newbmmer

Does the selling price of $38,390 include the $2,500 Spring Drive Credit? How much is the down payment, out of the $4,000 Due at Signing?

heathmac

The 38,390 does include the $2500 Spring Credit. $2,075 is the down payment out of the $4,000.

seekingaudia4

Personally I would email several dealers asking them if they can do the above deal, but without the $2075 down, see how close anyone can match it.

CarMan@Edmunds

Hi gregzo. That's between you and the dealer. Since it is being physically delivered in March it is eligible for and will receive the $2,500 cash incentive from BMW.

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CarMan@Edmunds

Hi seekingaudia4. BMW is providing decent lease money factor support on the 2010 335i in March, but its factor on the diesel is not nearly as attractive. There isn't much support on the 2011 versions of the 335i, but since it's not that great in the first place the diesel's program for the 2011 model is about the same.

BMW Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2010 335i with 15,000 miles per year are .00145 and 55%, respectively.

The numbers for an otherwise identical lease of a 2010 335 diesel are .00250 and 54%. Interestingly, the numbers for the 2011 version of this car are exactly the same.

If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 2% higher.

When negotiating your lease, make sure to take the $2,500 cash incentive that's currently available on the 335i and $4,500 on the diesel into account.

Car_man
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CarMan@Edmunds

Hi rlsrlj. BMQ Financial Services' residual values for leases with 12,000 miles per year are 2% higher than its 15,000 mile per year residuals.

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CarMan@Edmunds

Hello jayvis. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 328xi Sedan with 10,000 miles per year are .00220 and 58%, respectively.

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CarMan@Edmunds

Hey Chris. Here's the info that you're looking for. BMW Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2010 328xi Wagon with 15,000 miles per year are .00250 and 54%, respectively. The transmission that the car is equipped with does not have any impact upon its lease program.

Car_man
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CarMan@Edmunds

Hi seekingaudia4. Please check the reply that I just posted for you. Thanks.

Car_man
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CarMan@Edmunds

Hi newbmmer. Yes, the lease programs for the 2010 328i Coupe and Sedan are different. BMW Financial Services' March buy rate lease money factor for the 2010 328i Sedan is .00220, while the factor for the 2010 328i Coupe is .00160.

The easiest way to get a good deal on a lease is to negotiate the lowest possible selling price on the vehicle that you want, including the use of any available cash incentives. Then have the dealer work up your payment using the buy rate money factor,

Car_man
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ccon

I think I got a great deal...I got it 900 below invoice if that makes any sense...MSRP was 43,650.....I put 2,000 total out of pocket which included all fees and a small down payment......36 month lease with 12k miles per year....payments including tax $479 a month....I think I did well...What you think?

dee54

ok, just finishing for lease with BMW (actually they are paying for payment of $551 for April on my 2008 528I) They will lease me a 2010 328i xdrive with $1800 down for all fees and $519 mo. for all bells and whistles except navigation. Is this a good deal? This lease is for 15,000 miles for 36 mos.

I have also looked at the 2010 Lexus IS 250 AWD for $1500 down for fees etc. $450.50 mo. for 15,000 miles for 36 mo. with all the bells and whistles including navigation and back up screen and a/c seating.

And then the Audi A4 Quattro 2010 Premium Plus for $1500 down for fees etc. $481. mo and a check back to me for $551. for the April payment on my BMW. Also 15,000 miles for 36 mos.

I like all the cars. Which is the better deal?

They all want me to take receipt by tomorrow.

Thanks for any help.

Dee54

dee54

ok, just finishing for lease with BMW (actually they are paying for payment of $551 for April on my 2008 528I) They will lease me a 2010 328i xdrive with $1800 down for all fees and $519 mo. for all bells and whistles except navigation. Is this a good deal? This lease is for 15,000 miles for 36 mos.

I have also looked at the 2010 Lexus IS 250 AWD for $1500 down for fees etc. $450.50 mo. for 15,000 miles for 36 mo. with all the bells and whistles including navigation and back up screen and a/c seating.

And then the Audi A4 Quattro 2010 Premium Plus for $1500 down for fees etc. $481. mo and a check back to me for $551. for the April payment on my BMW. Also 15,000 miles for 36 mos.

I like all the cars. Which is the better deal?

They all want me to take receipt by tomorrow.

Thanks for any help.

Dee54

bergen

if you go with bmw, they could further waive your disposition fee of $500. Others would not be willing to go with that.

I'd also personally check C300 4matic sport, there is a great lease program with no money down and you could get 420-450/month 12K miles per year.

dee54

Thanks. I will check out the C300 too. Did you feel that the other deals were good? I am kind of leaning toward the Audi. Good choice?

seekingaudia4

I acutally have compared all the cars mentioned above, they are all cheaper to lease than the BMW 328, but:

1) The Lexus IS250 is too small and clearly designed for the ladies, no disrepect if you are one of them:)

2) The A4 has this weird LED daytime running lights and cheap looking rear end, reminded me of the cute Dodge Neon.

3) The MB C300 4matic seriously lacked power, but otherwise is a very good looking car, need the C350 to fill the power gap, but then the cost will be up too.

So it comes back to the BMW 328 again and again...

gokhangulec

Hi Carman -

Can you share April 2010 lease rates? Also, is $2,500 Spring Drive Credit available in April? The link below says it is available:
http://www.sdcountybmw.com/finance/2010328isedanleaseoffer.aspx

Thank you!
Spaceking

CarMan@Edmunds

Hi Spaceking. I believe that BMW's April incentives, including its lease program, are basically the same as they were in March. The only change that I've heard about is the introduction of a .00050 money factor reduction for loyal customers and current Audi owners.

If there is a specific trim level that you'd like program information for, let me know.

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krazyfalcon

Hi Car_man,
I wanted to get your opinion on what kind of numbers i might be expecting when i walk into the bmw dealership. i want to get a 328i with sports and premium package, xenon head lights and navigation system. the msrp of the car would come out to 43650. i want to put 2500 down.

thank you!