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BMW 3-Series Lease Questions



  • ajz1ajz1 Posts: 1
    Just checking to see if this lease was worth it, or if I could do more. Thanks for any help. Likely to buy in the next day or two

    2011 BMW 335d
    Optional Items
    Sport Package
    Premium Package
    Heated Seats
    Keyless Entry
    Sirius Radio

    MSRP 51,925
    ECO Cred 4,500
    Neg 2,300
    Cap Cost 45,125

    No money down. No security deposit. Monthly payment $640. Honestly, I forgot the exact MF and residual. I believe the MF was 0.0024.

    I was told that the MF was fixed by BMW FS and that it could not be changed, even before I negotiated on price. I have not counter-offered yet, but was wondering what people felt of price and payment.

    Thanks for any help. Cheers
  • macsrulmacsrul Posts: 3
    Thought I would share:

    2010 335I Xdrive
    MSRP $49,0505
    Base Cap Cost $43,850
    MF Rate .00051 (base rate for current BMW finance customer .00100 less 7 Multiple Security deposits)
    12K miles a year 36 Months
    56% residual
    Payment $491.43

    Out of pockets is the first month, security deposits and $925 bank fee.
  • Greetings to all-

    Definitely need advice here. I'm considering the lease of a dealer DEMO car with the following specs:

    2009 335xi Sedan
    6,400 mi
    $3,500 total drive-off
    $507/mo (incl tax)
    36 mos, 10k mi/yr (car cab be returned with 36.4k miles)
    Cold Weather Package, Premium Package, Comfort Access, Nav, Satellite radio, Logic 7, and ipod/usb.
    Original MSRP was $53,120.

    I do not know the MF or residual-- but does that have any bearing here since it's essentially a "used" car?

    I'm put off by the $3500 drive-off, though it seems on par with what many people pay. And I'm trying not to think of it as a used car as no doubt this lease payment would be much, much higher were at a 2010 with no miles. It has a couple minor dings (arrgh)-- but I think I can be sorta zen about it despite my

    (I'm really torn between this car a new Audi Q5. The Audi is only $2k down but is $100/month more... which works out to $1,600 more for the new Audi over the same 36 mos period. So I'm agonizing between the two-- and I don't know if the 335xi deal is worthwhile to begin with.)

    Thoughts?? I'm trying to determine if this is a GREAT deal, a GOOD deal, or nothing special.

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go, benz2779. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 335i xDrive Sedan with 12,000 miles per year are .00220 and 60%, respectively.

    Prices Paid: Buying & Leasing Experiences Forum
  • camainecamaine Posts: 11
    Can someone tell me the residual value and money factor on a 2011 328i coupe for 10k per year? (Where do I find this information?) Also, could you check over these numbers and advise me as to whether it looks like a good deal:

    I'm in the SF bay area. Here're the invoice costs on the 328i coupe I want to order from the factory.
    vehicle: 33305 (MSRP on 2011 car is 36200)
    black sapphire paint: 500
    automatic: 1305
    sport package: 1320
    moonroof: 955

    Total invoice comes to 38260

    I talked to the internet sales manager on the phone and she quoted me 38860 for the price of this car and added in $300 (arbitrary?) for a total of 39160. I have a $1000 discount coupon from a BMW driving promotion and am planning to put $5000 down.

    For 36 months and 10,000 miles is $450/month a good deal on this car?
  • kanchiskanchis Posts: 33
    Here's what I see in your deal;
    MSRP = 51925
    Invoice = 46860
    Maco/Training = +600
    Floor mats = +135
    Eco credit = -4500
    Selling price = 43095
    so the dealer profit is = $2030

    No dealer is going to sell the car without any profit (its not charity!) so you need to ask your self how much would you let the dealer make out of this deal. Once you do that add that to the selling price and tell him this is what you would pay for the car.

    MF is published by BMFS every month. For June the base money factor for a 335d 36m/15k is 0.0021. The dealership is allowed to mark up on the MF, and its not a surprise either. (there's a cap of 0.0003 i think) Residuals are set solid as well. its at 55% for june.

    Your deal: I think you can go lower on the selling price and improve on the money factor. Try shooting for what you think is fair. Hope this helps. Good luck. :shades:
  • kyfdxkyfdx Posts: 70,219
    (there's a cap of 0.0003 i think)

    The cap on MF markup for BMWFS is .0004... :(


    Prices Paid, Lease Questions, SUVs

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to help you out, camaine. BMW Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2011 328i Coupe with 10,000 miles per year are .00205 and 63%, respectively.

    $900 over dealer invoice is a reasonable selling price for this car.

    I see that you are considering making a $5,000 down payment on your lease. I always advise consumers not to make large down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means your monthly payment will be slightly higher, you're better off going with a zero down least one without any capitalized cost reduction.

    Prices Paid: Buying & Leasing Experiences Forum
  • nypaymannypayman Posts: 12
    Carman,can you please tell me this month's MF & residual on a 2011 3281 10M. thanks
  • is it better to buy a used m3(2008) or lease a new m3 (2010 or 11)? thnx uljoe :confuse:
  • leo1977leo1977 Posts: 17
    Dear Car_Man, is the MF and residual the same for 328xi and 328? As you mentioned for 328i: for a 36 month lease of a 2011 328i Coupe with 10,000 miles per year are .00205 and 63%, respectively.
  • leo1977leo1977 Posts: 17
    I would get new. Those M's get abused big time.
  • karshakarsha Posts: 6
    Dear Car_Man,

    I am looking for the money factor and residual for a 328xi sedan, 36 months, 15,000 mi/year, $0.20/mi

    I am a returning customer. My 328i wagon goes back in July.

    Thank you!
  • dgingodgingo Posts: 21
    Hi. I'm turning in my 2007 328i and wanting to lease another. I have $1000 sec. dep. with my first car. Here are the initial #'s he quoted me. He has $1920 "out of pocket," but I don't want down payment (sec. dep. instead). What do you think of these #'s? Thank You!

    2011 BMW 328i Sedan
    Space Gray
    Beige Leather
    Premium Package
    Value Package
    Steptronic Auto Transmission
    Heated Seats
    Satellite Radio

    MSRP - $41,550

    Invoice - $38,855

    Your price - $39,055+ tax and license($200 over invoice, includes floormats)

    36 month lease
    12k miles per year

    MF- .00210 (buy rate for BMW loyalty customers)

    Residual - 62% ($25,761)

    $1920.61 total cash out of pocket

    Payment - $505.39 + tax
  • delta737hdelta737h Posts: 606
    edited June 2010

    All the numbers are spot on. The sell price looks very reasonable but, I don't like the 0.00210 buy rate. The only other concern I have is the $1,920.61 out of pocket expense. Obviously, there is no cap reduction (down payment). You didn't indicate your state and sales tax rate, so I can't compute the tax. Can you itemize the $1,920.61 out of pocket? I need exact numbers, not ball park or rounded numbers. Then, I'll be in a much better position to evaluate your deal.
  • dgingodgingo Posts: 21
    Thank you for your reply. What should I be asking for the MF to be. The $1920 "out of pocket" was HIS number to me, not what I said I wanted, so I don't know exactly what they are. I have $1000 sec. dep. from last car that I want to just roll into next. I'm in Calif. Thanks.
  • delta737hdelta737h Posts: 606
    You should be asking for the "buy rate". It's the lowest money factor that you can get if you have outstanding credit. I don't know whether or not 0.00210 is, in fact, the buy rate. It's nice to know you're in CA. That's telling me that your payment streams are taxed. And so, taxes are fairly straight forward; nothing really complicated. You can use the $1,000 deposit to offset your upfront costs.

  • dgingodgingo Posts: 21
    The buy rate is the lowest MF I can get, as I understand? Does anyone know what the buy rate is for 2011 328i. The salesperson says it's .00210 (FOR BMW LOYALTY CUSTOMERS). Thanks.
  • delta737hdelta737h Posts: 606
    Okay, so you did confirm that 0.00210 is the buy rate. That's all I was concerned about.

  • karshakarsha Posts: 6
    I was able to find this, if it helps:

    I read somewhere that returning customers get a 0.0005 discount on that rate under the current customer loyalty deal. Not sure if that is true or not.
  • delta737hdelta737h Posts: 606

    Thanks! Yes, that's a huge help and certainly confirms the buy rate (AKA base rate) for the 328i as being 0.00210. If it's true that the customer loyalty discount is 0.0005, then that may mean a money factor of 0.00160 if the discount applies to the base rate. I can't imagine why it wouldn't.

  • graycar1graycar1 Posts: 6
    I am interested in leasing a 2011 335i or 335is coupe. Can anyone tell me the following:

    1) What is the customer loyalty money factor?
    2) The residual % assuming 3 years $10,000?
    3) About how much should I pay over invoice?
    4) What additional costs, if any, should I expect to pay at lease inception.

    I live in Houston, Texas.

  • karshakarsha Posts: 6
    Hi John,
    I hope the 0.0005 discount for customer loyalty is true. Also, I'm not sure if it applies to both 2010s and 2011s, or just the 2010s.
  • Don't forget the $1,305 credit that you get for the steptronic transmission. I don't think you have that included in your cap. cost. You can do a google search to learn more about this.
  • dgingodgingo Posts: 21
    My salesperson said he didn't think I could roll my $1000 sec. dep. from my current lease into my next. He said they should "mail it back to me." I didn't feel too confident about that statement. Is it true that my last Sec. Dep. doesn't roll into my next?
  • dgingodgingo Posts: 21
    What's this $1305 credit on my steptronic about? Never heard of this!!
  • beemer2010beemer2010 Posts: 3
    edited June 2010
    Any and all replies appreciated: Please give me ur feedback regarding this 2010 335 xi demo with 4500 miles on it.
    black,navigation,premium,coldweather, logic 7 sound, steptronic

    $51475 MSRP

    $42900 Selling

    36 month 15k a year.

    54% residual - miles driven =51.6% or 26566.50

    .0017 money factor

    $586.54 base payment

    $ 35.19 Tax

    $621.73 monthly payment

    Due at signing

    $621.73 monthly payment

    $650.00 Security deposit

    $425.00 Cap cost reduction

    $ 38.34 Tax on cap cost reduction

    $249.84 title,doc and plate fee's

    1984.91 total due at signing

    ere's the car specs:
    4500 miles
    Description MSRP
    Model 1043 335xi USD 42,300.00
    Color 668 Jet Black N/C
    Upholstery LCSW Black Dakota Leather N/C
    Options ZCW Cold Weather Package 1,000.00
    465 Fold down rear seats N/C
    494 Heated front seats N/C
    ZPP Premium Package 2,650.00
    319 Universal garage-door opener N/C
    430 Auto-dimming interior and exterior mirrors N/C
    431 Auto-dimming rearview mirror N/C
    488 Lumbar support N/C
    4NA Digital compass mirror N/C
    639 BMW Assist with Bluetooth System N/C
    203 All-wheel-drive N/C
    205 STEPTRONIC automatic transmission 1,325.00
    248 Heated Steering Wheel N/C
    4AB Dark Burl Walnut wood trim N/C
    609 Navigation system 2,100.00
    615 Online Information Services N/C
    620 Voice-command N/C
    677 Logic7 sound system with Surround Sound and Dig... 875.00
    6AA BMW TeleServices N/C
    6AB TeleService Control N/C
    6FL iPod and USB adapter 400.00
    6UH Real Time Traffic Information N/C
    Net Total 50,650.00
    Destination Charge 825.00
    Gas Guzzler Tax N/C
    Total Suggested Price 51,475.00

    Thank you!
  • karshakarsha Posts: 6
    By the way, was told, by two different dealers, that the 0.0005 customer loyalty discount was for the 2010s only.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited July 2010
    Anyone who is familiar with BMW Financial Services knows that since the beginning of time it has used a pass / fail system for its lease approval process. Either consumers qualified for its best available rates or they could not lease through BMW FS at all...and your credit had to be pretty messed up for the latter to happen.

    Yesterday BMW announced that BMW FS is introducing a tiered system for its lease program. Its rates now vary by credit tier, with the people who have the best credit scores getting slightly better rates than what was available last month and much higher money factors for people with low credit scores.

    I should be able to get the full details of this new program some time today. Please feel free to post your questions about it here and I'll gladly fill you in on what I am able to find out.

    Prices Paid: Buying & Leasing Experiences Forum
  • leo1977leo1977 Posts: 17
    edited July 2010
    I just leased a 328xi last week and have a credit score of 790, did I just screw myself by not waiting for July?

This discussion has been closed.