[dardeca]

Just curious what sort of lease payments people are getting right now on the 328? I suspect the residual has to be pretty good being its a new model, but not sure what sort of money factor BMW is throwing around right now. Is there a particular lease term that has more favorable rates right now?

[MPower10s]

Originally Posted by dardeca

Just curious what sort of lease payments people are getting right now on the 328? I suspect the residual has to be pretty good being its a new model, but not sure what sort of money factor BMW is throwing around right now. Is there a particular lease term that has more favorable rates right now?

last year 10k miles/yr for 3 years with .9% apr and 1k down was the common one for the 328, with those numbers i pay $505/month

not sure about F30 though..

[unintelligible]

Originally Posted by dardeca

Just curious what sort of lease payments people are getting right now on the 328? I suspect the residual has to be pretty good being its a new model, but not sure what sort of money factor BMW is throwing around right now. Is there a particular lease term that has more favorable rates right now?

My F30 328i has an MSRP of about $49k, I'm paying $1k over invoice, no cap cost reduction, just rolling the acq fee into the cap cost paying everything else out of pocket. With BMW's base rate for money factor and 36 months at 12k/year my payment will be about $630/mo.

[nasa60]

Originally Posted by unintelligible

My F30 328i has an MSRP of about $49k, I'm paying $1k over invoice, no cap cost reduction, just rolling the acq fee into the cap cost paying everything else out of pocket. With BMW's base rate for money factor and 36 months at 12k/year my payment will be about $630/mo.

Lease rates really suck right now.

[SCBimmerKid]

I'm putting three thousand down on a MG Sport Line with convenience and Xenons and my payment is going to be 458/mo.

[Alpine F31]

Originally Posted by SCBimmerKid

I'm putting three thousand down on a MG Sport Line with convenience and Xenons and my payment is going to be 458/mo.

For how long?

[SCBimmerKid]

Originally Posted by Alpine F31

For how long?

Oh yea, sorry. 3 years (36 months) 10,000 miles a year.

[S_M]

This is what I paid for my 328i Sport/Prem/Tech/Cold Weather/Sport Auto

47k MSRP, Sale price 100 over invoice
12k/36mo 64% Residual .00195 MF
0 Cap Reduction
Tax, 1st payment, acquisition fee and other BS up front
$539/mo

[Scottus3]

Seems like bmwna lease rates aren't too bad (http://m.bmwusa.com/Offers/LeaseOffer/123N). $399/mo for 36 months/ 36000 miles with $2750 down and a $725 acquisition fee for a car with a $39xxx MSRP. Any thoughts?

[nasa60]

Originally Posted by Scottus3

Seems like bmwna lease rates aren't too bad (http://m.bmwusa.com/Offers/LeaseOffer/123N). $399/mo for 36 months/ 36000 miles with $2750 down and a $725 acquisition fee for a car with a $39xxx MSRP. Any thoughts?

Effective payment on that is $475/month. Good luck finding a 328i for $39395. That is stripped down. Any of the lines with just Premium Pkg are going to be in the $42k range. Also, that is for 30k miles total, not 36k. Also, to get that payment, the $725 lease acquisition fee must be paid up front. And of course that payment doesn't include whatever the tax rate is in your state.

I will say, for a brand new model, the lease rates probably could be alot worse. Persponally, I just have a problem taking out a lease that has a really high money factor (.00195), especially now when interest rates are at historically low levels. In the example above, you are paying $120/month in finance fee. As a comparison, I am currently leasing a 2008 M3 and my monthly finance fee is $9. Now I was fortunate with the timing when I leased my M, they had incredibly low money factors at the time to move the vehicles in late 08 early 09.

What balances out the high money factor somewhat is the excellent residual. For 10k miles, you get a 65% residual. That's 3% higher than you would normally expect. The thing is, that eliminates any thoughts of purchasing the car at lease end due to the high buyout price. Of course, most people don't buy their leased vehicle at the end of the lease anyway, but in this case, it really isn't even an option since it won't be worth $25607.

If you really want/need to lease now, I would highly recommend putting down the maximum number of security deposits to lower the money factor. Do that in lieu of the $2750 cap reduction. You get those back at lease end and it will cut your payment by about $30/month in the above example (savings of $1080 over the 36 months).