Comments on: 09 BMW 3-Series Lease Rates – July 2009

By: G

Tue, 25 Aug 2009 15:49:20 +0000

@jkl. sorry about the confusion. the 1st payment + cap reduction is basically what you would pay at signing if you were to just pay your 1st payment + whatever cap reduction you chose to put towards the car. the 2nd field would be what’s due if you chose to pay your inception fees, 1st payment and cap reduction up front. I don’t have a field for MSDs, so you would have to keep that out of the formula, but apply the reduced MF then included your MSDs as part of your drive-off fees. Overall, your deal is pretty good so I would pull the trigger on it.

By: jkl

jkl — Tue, 25 Aug 2009 08:14:19 +0000

@G, i tried to use the excel on leasing..couldn’t fiqure out where to imput some of the number. on the excel, what’s the difference First Payment + Cap Reduction and First Payment + Inception Fees + Cap Reduction

here is my lease term, should i bunge?

46k 328i coupe
42910 selling price
2200 on msd
3 yr lease 12k
minimum drives $1333.83

total drive off $3533.83

acq fee $925

residual $27600
60%

money factor .00122

$2000 lease cash

$480.13+tax

By: G

Sun, 09 Aug 2009 22:25:34 +0000

@jtl. I know for a fact training is bogus. I think one of the past comments addressed that. IF they want to make a deal, they will waive it. Maco, never heard of it, try to get that waived too.
I’ll be posting the 3-series numbers later today, so you should be able to confirm those numbers in the new post.
Doc fee is $55? what state are u in? In CA, its $45. $55 is for buying not leasing.
Acquisition seems to vary from state to state, I’ve heared $725 to $925.. Tire fee is about right. By the way, I’m told the lease cash got bumped to $2000, so you really should be able to dip below invoice or at least hit invoice price without much effort. If your current dealer won’t budge, I really suggest that you find a new one. As it stands right now, no deal. too many wacky fees.

By: jtl

jtl — Sun, 09 Aug 2009 20:04:52 +0000

I found a deal for a 2009 335 coupe for Edmunds invoice plus Maco 380 and training 180. Buy rate at .00165 and residual at 59% for 12,000 miles.

The fees are inflated:
$55 for doc fee
$925 for acquisition fee
8.75 Tire fee

I fought for $45 doc fee plus $725 acquistion fee but they won’t budge and say that invoice plus Maco/training is their bottom line and is a really good deal. They said that they might be able to do better on a sedan but not on a coupe. They then told me to call other dealers and see if I could find someone to do it for $725.

Do I have a good deal here? $580 over invoice and paying an extra $200 in acquisition and $10 in doc fee. Should I go for this deal?

By: G

Fri, 07 Aug 2009 17:17:18 +0000

@jtl. I send off an email to Dave, we’ll see what he says. I’m guessing it might still be possible to get a 09, but i’ll update you once i hear from him.

By: jtl

jtl — Thu, 06 Aug 2009 07:50:25 +0000

Is it too late to order a 2009 335i coupe? Or at this point is it only possible to order a 2010?

By: G

Thu, 30 Jul 2009 16:46:50 +0000

@ryan. Here’s an update from Dave. “The AWD credit is like 1,840 alone and not in addition to the 1,260 for RWD. I’m not 100% if there’s still the 1000 lease cash however if there is, you can combine the 1,840 to the initial cap cost & 1000 to the driveoff on a 328 AWD sedan”. He was not at work yesterday, so he didn’t get a chance to check about the lease cash. Maybe you dealer can fill you in more on that.

By: G

Wed, 29 Jul 2009 23:12:31 +0000

@ryan. I emailed Dave. I’ll post his answer once he replies.

By: Ryan

Ryan — Wed, 29 Jul 2009 16:23:55 +0000

Any idea if the AWD and Auto credit’s can be combined?

By: G

Wed, 29 Jul 2009 15:53:42 +0000

@supercharger. That is true, but it really depends on the state. In CA, it’s capped at $45. In other states, there aren’t any regulations on how much the dealer can charge for dealer doc fee, so it can easily exceed $349. The good news is that his bank fee is much lower than the standard BMW bank acquisition fee, so it’s practically a wash.