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BMW 3-Series Lease Questions

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  • dino001dino001 Member Posts: 6,191
    Did you notice more discount viagra emails last week ;) .

    2018 430i Gran Coupe

  • scottinkyscottinky Member Posts: 194
    thinking of upgrading my wife's 95 C220 MB. A while back she consolidated her
    credit cards and car into one loan payment (easy since she works at a bank).
    She owes 11.5k on it. The BMW dealer I am working with has 07 loaded executive
    cars available, these are loaded! He is estimating $4500 for trade (only 63K miles)
    leaving 7K neg. equity. Gross cap cost of $40,100, Money factor of .0018, $2500
    down payment of $2500 + sec. deposit, firt months payment and taxes. So,
    $4071.26 at signing, and $535.76 for 36mo LEASE. the car is a 6spd man. Any thoughts?
    Lease support ends on Oct 31.
  • abraham421abraham421 Member Posts: 12
    Everyone who was interested in my post a few days back, I need a few more days....I simply can not refer you to my guy until I get proof of delivery. I can't guarantee anything, so please continue to look on your own....If you are waiting for me, please be patient....thanks

    Daniel
  • frommx5tomz3frommx5tomz3 Member Posts: 19
    CarMan (and anyone else who wants to help),

    Thank you for all of the help you have provided over the years to me and others. I am back in the market and looking at a BMW 335 coupe and would like to know the base MF and residual for a manual transmission 335 coupe for both 24 and 36 months assuming 15K miles per year. If you want to go ahead and figure payments for me in Dallas, TX, I wouldn't complain. I would also love an opinion on price, but for a starting point, I will assume MSRP of $45,859 (including destination) and a Purchase Price of $43,800 + TTL.

    Thanks in advance for your assistance.

    --Jack
  • honkeydoreyhonkeydorey Member Posts: 7
    I worked out my lease deal in Sept and these are the terms
    2008 335i Coupe
    $46,475 msrp
    $44,275 sale price
    .00275 mf
    36 months
    15k miles
    $2,675.00 total out of pocket
    $745.00 per month

    Now that the money factor has dropped to .00235 (and might drop even more for Nov.), based on the deal i have already worked out... how much should i be looking to have my monthly payments adjusted?? They said this would be worked out when the car gets here but i'll be there about a week before to work this out so i don't rush out the door with any deal because im in a hurry to jump behind the wheel.
  • pucellepucelle Member Posts: 2
    I'm looking at leasing a custom 2008 328xi Sedan here in the DC Metro area. I know that I have to put 5% down in order to order it but I wanted to know if I am supposed to negotiate the price before it gets here or afterwards.

    Also, I wanted to know about the lease factor for this model for this area (VA, MD, DC).

    The MSRP is $34,300 + 12,298 (options) + 775 (deliver) to equal a total MSRP of $47,373. I was thinking about 36 or 48 months at 10k or 12k miles.
  • mjk5mjk5 Member Posts: 43
    Hey, Abraham, could you send me details on the deals for the 328 and 335, Thanks

    kjmr@optonline.net
  • abraham421abraham421 Member Posts: 12
    unlimitedjoe.....can you email me the contact info on the person who sold you this car at Rallye....I live in new Hyde park in long island, so I was planning to go there myself...I'm looking for the 335i coupe, and total MSRP come to $46,000 flat w/ options....I was working on a deal with another place, but they seem to be full of sh**t....what kind of deal do you think Rallye can give me?....thanks dude
    Dan

    email: daniel.p.abraham@gmail.com
  • username7username7 Member Posts: 3
    Was just curious if anyone knows what the November money factor and residual is for a 2008 328xi coupe. I am very close to leasing one for 36 months and 15k miles/year. Thanks!
  • revelrevel Member Posts: 4
    This was my deal, just for anyone comparing. I really don't know if it's a good deal but worked for me:

    2008 328i auto, sport package, metalic paint, Ipod

    MSRP $37225
    Nego Price $35725

    Lease: 36 mo, 10k mi/year
    $3000 out of pocket at signing
    -$983 Fees, registration, taxes, First month.

    =$2017 Cap Cost reduction
    +625 acquisition fee

    Adj Cap Cost $34333
    Residual 64%
    MF .0022
    Tax 3%

    Payment/mo $435.80
  • guru_ckguru_ck Member Posts: 27
    2008 335i Coupe

    MSRP: $50,475.00
    Sell: $49,475.00
    Term: 36 months
    Miles: 10k per year
    MF: .00226
    Residual: Not sure, around 60% I think
    Purchase Option: $29,789.75

    UP FRONT:
    Security Deposit: $6400
    First Payment: $785.04
    Fees: $476.00
    Tax: $4.54
    Total: $7,665.58

    $785.04 a month... been to about every dealer in the Bay Area... this is the lowest MF so far.
  • fuzzyedfuzzyed Member Posts: 4
    Hi, this seems like a good deal. I'm looking for something similar. Where are you located? Thanks!
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're very welcome, Jack. BMW Financial Services' November buy rate lease money factor and residual value for a 24 month lease of a 2008 335i Coupe with 15,000 miles per year are .00235 and 68%, respectively. The numbers for an otherwise identical 36 month lease are .00235 and 58%. Using the prices that you mentioned in your post, an MSRP of $45,859 and a selling price of $43,800, I estimate that this car's zero down, pre-tax 24 month payment would be around $702. the payment for an otherwise identical 36 month lease would be around $644.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi honkeydorey. Using BMW Financial Services' November buy rate lease money factor and residual value for a 36 month, 15,000 mile per year lease of a 2008 335i Coupe (.00235 and 58%, sweet car by the way), an MSRP of $46,475, and a selling price of $44,275, I estimate that this car's zero down, pre-tax monthly payment should be around $649.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi pucelle. You don't necessarily have to put 5% down to order a vehicle. The deposit that you have to pay is up to the dealership that you are working with. Some dealers require larger deposits than others.

    If I was interested in ordering a new vehicle, I absolutely would want to negotiate its selling price before I gave the dealer any sort of deposit. If you don't arrive at a selling price, the dealer has the advantage in your negotiations because you have already given them money. I have seen too many horror stories from consumers who had a heck of a time trying to get back deposits that were supposedly fully refundable.

    As far as this car's lease program goes, BMW Financial Services' November buy rate lease money factor for a 36 or 48 month lease of a 2008 328xi Sedan is .00165.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here's the information that you're looking for, username7. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW 328xi Coupe with 15,000 miles per year are .00190 and 58%, respectively. Let me know if you have any other questions.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Congratulations on getting your new 3, revel. Thanks for taking the time to share the details of your lease with everyone. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience. Enjoy your new ride :shades: .

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi guru. I am personally not all that familiar with what the market is like for the 335i Coupe in your area, but if I was in the market for this car I personally would want more than a $1,000 discount on it. Try stopping by the "BMW 3-Series Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar vehicles lately.

    Also, the money factor that you were quoted for this car looks too high. BMW Financial Services' current buy rate for the 2008 335i Coupe is .00235. Subtract .00007 from this for every additional security deposit that you want to make to arrive at this car's true buy rate and make sure that the dealer that you are working with uses it to calculate your monthly payment.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • angrymofoangrymofo Member Posts: 5
    Hi all,

    I'm planning to lease a 2008 BMW 328 (24months/12K, residual 73%) in Los Angeles and have the following questions:

    Is the bank fee the same as the acquisition fee and can it be waived?
    I was offered a money factor of 0.0018. Is this reasonable?
    What would be the disadvantage of paying 1 security deposit? Do they try to keep it at the end?

    I've been quoted 380 for MACO and 180 for dealer training. Is there anyway to get out of these?

    Do I need to get GAP insurance, and if so, would it be better to get it from the dealer or my insurance agent?

    Thanks
  • guru_ckguru_ck Member Posts: 27
    Thanks... I ended up going to a few dealers and having each of them beat my previous deal. I ended up with $2,000 off MSRP vs. $1,000 so I am happy. Car will arrive in a week... not sure if they will budge on the MF but my Mom is still deciding if she wants to lease or go with the 4.9% finance special (the car is for her).
  • bmw328leasebmw328lease Member Posts: 17
    Is the bank fee the same as the acquisition fee and can it be waived?
    Yes, it is the same. This is mandated by BMW Lease Finance. The best that you can do is bring it down to $625 (some dealers try to mark this up to $825)

    I was offered a money factor of 0.0018. Is this reasonable?
    MF for a 36 month lease of a 2008 328i Sedan is .00165.

    What would be the disadvantage of paying 1 security deposit? Do they try to keep it at the end?
    This is a refundable SD. It will bring down your MF by .00007 and you will get it back at the end of your lease.

    I've been quoted 380 for MACO and 180 for dealer training. Is there anyway to get out of these?
    These 2 fees are mandated by BMW North America and can be negotiated but not always. Depends on the dealer.

    Do I need to get GAP insurance, and if so, would it be better to get it from the dealer or my insurance agent?
    This is included by BMW Lease Finance. You are not require to get this from your insurance company.

    Which dealer are you planning to buy from in LA?

    PM me for additional info.

    Hope this helps.
  • sparlingsparling Member Posts: 1
    MSRP: 46750 (Sport, Premium, Heated Seats, Metallic paint, Steptronic and Paddle Shifters)
    Sale Price: 44250
    Doc fees and registration: 468
    Money factor: .00225
    2 year, 10k miles lease: residual of .74 of MSRP or 34,595
    Payment of 618.25, zero down

    How does that sound?
  • jamen6jamen6 Member Posts: 2
    hi i was looking for the 328 coupe....jamen6@aol.com
  • angrymofoangrymofo Member Posts: 5
    Thanks for your response bmw328lease. I've talked to the usual suspects in LA: pacific bmw, rusnak, bobsmith, assael...

    Do you or anybody knows if I can pick up the lease in LA and drop it off at Boston? Is there an extra charge for this?

    Thanks guys.
  • sunlvr0531sunlvr0531 Member Posts: 1
    Im thinking about leasing a 2007 loaner car from BMW 328 premium package- silver
    8k miles on it

    I have a 2005 Chevy Equinox that i'm trading in- 12,400 miles on it
    my down payment will be the equity in the chevy.
    aquisition is 625.00
    what is the mf factor- i heard 0019 is a good mf? what is too high
    what kinda price is reasonable for this year car?

    i want to have a low 300 payment.

    anything that i need to know- i never leased before- i was always nervous about it

    do all bmW'S ONLY TAKE HI TEst GAS?

    I only do under 10k a year in mileage

    what better 24-36 months lease? is a 3 yr a lower payment?

    your help is greatly appreciated....
  • honkeydoreyhonkeydorey Member Posts: 7
    That $649 with zero down... that includes all the taxes and fees? my tax is 8 3/8% so with tax and zero down its looking like i should be $704.00 per month.... do i still need to add fees??
  • ashvartsashvarts Member Posts: 7
    I got the following quote from the dealer in NJ for a '08 328xi with auto, premium, cold, metallic paint for 36 months 10k/yr:
    MSRP 40925
    CAP cost 38500
    inceptions (1st payment $448 + security deposit $550 + doc fee $125 + registration $187+ Lease acquistion fee $625 + tax $1,250) = $3,185
    Monthly payment = $448.

    Good deal? The tax I calculated came up to $1,128. Don't know how he got 1,250.
  • ws32tlws32tl Member Posts: 1
    I am curious for someone to answer this question. I am looking into the same car - 2008 328xi, except I did not go to the dealership yet to test drive and negotiate. Is the lease that high???
  • chekmi21chekmi21 Member Posts: 2
    Hello,

    I am looking to lease a 2008 328xi Coupe
    MSRP: $39,625.00 (includes Destination)
    36 Month Lease
    15,000 Miles/ Year
    $3000 due at signing

    I'm looking to lease in Massachusetts which has a 5% sales tax. Can someone tell me:

    1) Residual Value
    2) Money Factor
    3) How much off sticker is a great deal
    4) What my monthly payment should be on a great deal

    Looking to sign tomorrow! So excited but I want to get the best deal possible.

    Thanks in advance!!!
  • chekmi21chekmi21 Member Posts: 2
    Hello,

    Sorry about the previous post. The money factor and residuals were already posted. Can someone do this lease out for me at a selling price of $37,500, monthly payment please?

    I am looking to lease a 2008 328xi Coupe
    MSRP: $39,625.00 (includes Destination)
    36 Month Lease
    15,000 Miles/ Year
    Residual 58%
    Money Factor .00190
    $3000 due at signing
    Montly Payment ___________ ?

    I'm looking to lease in Massachusetts which has a 5% sales tax. Can someone tell me:

    Looking to sign tomorrow! So excited but I want to get the best deal possible.

    Thanks in advance!!!
  • cdnpinheadcdnpinhead Member Posts: 5,617
    Is any of the $3000 due at signing cap cost reduction? I assume it is, as drive-off usually amounts to first month's payment, security deposit, disposal fee (unless it's a repeat lease), documentation fee & I think that's it. Normally comes out to $1200 - 1600, not $3K. So, when you say selling price of $37.5K, that may not be the capitalized cost -- you're probably reducing it another ~$1500, which is generally a bad idea. Your GAP insurance doesn't cover any down payment.
    '08 Acura TSX, '17 Subaru Forester
  • simfox3simfox3 Member Posts: 3
    Hey Sparling,
    Which dealership quoted you that?

    Hi All, couple of questions:
    1. The money factor for 335i coupe in November 2007 is .00235, is this a good mf?
    2. Since the prime rate went down, will we see a better mf in December? January?
    3. Is it possible to "lock down" November's mf rate with a dealership (with deposit) until December and then choose the better rate?

    I'm looking for a manual transmission BMW 335i coupe with almost all the options except active steering and active cruise control. If anyone can offer a good deal, please email me smalik786@gmail.com.
  • dice3dice3 Member Posts: 2
    Can anyone give me idea on 335 i 08 lease 15 k miles 4 k down,i want sport pkg,pre pkg,sport pkg,heated seats payments per month 24 month and 36 month,ty
  • dice3dice3 Member Posts: 2
    Sry i meant to say 335 i cp premium pkg,sport pkg,auto trans with shifters and heated seats. What should best price on the car be as a lease 4k down total
    in white.What should be per month payment be i got a quote at near 670 is that the best out there i can do as to what others are paying on i think it was 15 k miles but it might have been on 12 k.Can someone tell me on 12 and 15 k what would be a a price i should be able to get im in new jersey,thanks im glad i fould this site.
  • bmw123bmw123 Member Posts: 2
    hi i am looking for a 328xi coupe 3-yr lease with 12,000 mi a yr
  • lamusiclamusic Member Posts: 28
    Hi,

    I am looking to lease a 2008 328 sedan.

    What is the money factor/ residual % on a 36 month lease at 10k miles/year? What about the residual on a 24 month lease?

    Also, I will be trading in my current 325 - I have heard about BMW's loyalty program. What does this mean for me if I am leasing?

    Thanks!!!
    Brandy
  • harry28harry28 Member Posts: 29
    I'm looking to lease a 2008 BMW 328 Sedan .

    Automatic with Premium package

    I would like to put 0 down, perhaps only the 1st month's payment plus Tag and Title.

    MSRP is $37,700

    What would be a fair lease for 36 months and 12K miles/year?
    Can I expect to get a better deal if I wait for the last few days in Dec or is that a myth?
    Thank you.
  • jliu34740jliu34740 Member Posts: 4
    Hi I am looking to get a 2008 328xi Sportwagon. I would like to know what the money factor and residual is for a 36 month/12K miles per year lease from BMWFS. Thanks, :)
  • 335newbie335newbie Member Posts: 2
    Went to Crevier in So Cal, built my car, and got a lease quote of $839/month (36 month term, 15k miles/yr, with $3500 down). MSRP came out to be $50,450. The payment seems kind of high, judging from some of the posts I see on this forum. I forget what the money factor and residual was.

    Am I getting ripped off? The BMW Financial Services calculator came out to be around the same cost. I appreciate your feedback.
  • eyee001eyee001 Member Posts: 1
    Can you share with me where you got the quote?

    I am looking for a similary car. 08 328xi, auto, metallic, premium and cold weather pkg. I got a quote with NJ taxes for 525 a month w/ 2219 total out of pocket (first month, security, title, fees and etc.)

    You seem to have gotten a much better deal.
  • ashvartsashvarts Member Posts: 7
    JMK BMW in Springfield, NJ
  • jmcbmwjmcbmw Member Posts: 85
    Crevier has quoted me the highest price of any of the five or so BMW Center's I have been searching for a car at. I have narrowed it down to a couple of great honest dealers in the LA area. Let me know if you want contact info.
  • boomer23boomer23 Member Posts: 125
    I just came back from ordering a 2008 328i coupe from Brecht BMW in Escondido Ca. I live in Orange County and I sent inquiries through Edmunds to about nine dealers in Orange County and southern LA County, plus Brecht in Escondido, saying that I was interested in leasing at $750 over invoice. Most dealers didn't even respond, Some, including Crevier during an in-person visit, said they would only lease at MSRP, one said that "fleet" prices start at $2,000 over invoice. One dealer offered $1,000 off MRSP, then went to $1,250 off. Another dealer matched that offer but wouldn't go lower.

    Chino Torres, the new Internet Mgr at Brecht beat the others on discount from MSRP and the overall terms. He didn't want me to publish the details of my deal, but I'm quite happy with what I got in comparison with the others. His bank fee was high, at $825, and MF was .00205, but without any security deposits and zero down and my drive-off is just first first month pmt and DMV fee. Discounts more than made up the difference in lower bank fee of from another dealer and .00005 in money factor.

    Talk to Chino Torres, Internet Sales Mgr at Brecht: chinotorres@brechtbmw.com or (760) 291-2848. It may be worth driving 50 miles to make a better deal than you can get in LA or the OC.
  • jaddxxtjaddxxt Member Posts: 1
    Hi Abraham or anyone else:
    I'm looking to lease a '08 328I or XI coupe (or maybe sedan) with cold weather and premium pack.in automatic, maybe 27 or 36mos., with 0 down (i want to pay only the plates and registration seperately) with the taxes (8.35%), bank fees, etc. included in the payment.
    My email is Jaddxxt@hotmail.com. Please let me know if you know of any dealer where I can get the best lease deal.
    Thanks.
  • jmcbmwjmcbmw Member Posts: 85
    FYI, I was told tonight by a reputable BMW Center source that the buy rate money factors and residuals stay the same until Dec 31,2007 for all models.
  • ladycjbladycjb Member Posts: 1
    Hello,

    Do you know the December money factors and residuals for a 2008 328i sedan and 328i coupe. Also, how does your credit rate affect the money factor? I'm very close to leasing one for 36 months and 15k miles/year. I live in LA, CA. Thanks in advance for your help.
  • boomer23boomer23 Member Posts: 125
    Here's a link to that information for November on another forum site. Assuming the post above yours is correct, December rates should be the same.

    http://www.bimmerfest.com/forums/showthread.php?t=241253

    Lots of other good advice on leasing on that site as well.

    Regarding your credit rating, I was told that BMW uses a "pass or fail" method, meaning that you either qualify or you don't, and if you qualify, they don't adjust your lease factors for higher or lower credit ratings, everyone gets the same rates.

    Good luck!
  • jmcbmwjmcbmw Member Posts: 85
    I found the one! Titanium/Black loaded w/ NAV, Sport, Premium, Comfort Access, IPOD, Htd Seats, 2 yr 15K, $1000 drive off $700 exactly per month including 8.25% tax and safe lease return. It was $200 below invoice (but agreed to pay $825 bank fee so essentially got it at invoice as base is $625) and got he buy rate MF of .00200. Love it!!
  • 335newbie335newbie Member Posts: 2
    Thanks for all your replies! They've really helped.
  • boomer23boomer23 Member Posts: 125
    Wow! Where did you find that deal?
This discussion has been closed.

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