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Hi smoot1. BMW is not providing any lease support on the 2011 328i yet. As a result, if you were to lease one through BMW Financial Services this month, you would have to use its standard lease money factor. BMW FS buy rate standard factor varies by region, but the .00270 that you were quoted looks about right. The 60% residual value is right in line with BMW FS' 36 month, 12k resid. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
I asked the dealer for the Money Factor and Residual Percenage and here is what I was provided for a 2011 328i. MF = 0.0027 (6.48%) Residual = 60% Are these typical numbers for a 2011 BMW?
I leased a similar car in Miami just this week, here is the deal that I got. BMW 328i Sedan, Sport, Premium, Cold Weather, Xenon Lease: 36 months / 10k miles MSRP: $43,400 Sales Price: 40,600 MF: 0.00170 (Was .00250 but BMW Loyalty -.00050) Residual 58% Downpayment: Only the $2500 from the Spring Drive Credit (Nothing Else) Lease payment comes to $513 without tax.
I am looking to lease a BMW 328i and would like some input as to the quote I was given and what I should expect. This would be my first BMW and I am just getting quotes through the internet from dealers. Here is the quote I received: MSRP = $42,950 Sales Price = $41,500 Invoice = $39,590 Term = 36 months Mileage = 12,000 Down Payment = $2,876.80 (1st payment, AZ License & Taxes, Acquisition Fee & Doc Fee) Monthly Payment = $668.27 ($617.05 + $51.22 tax) This seems high to me from my calculations. Any help is appreciated or additional information I should request from the dealer.
Gar, Here is the link to BMW of North Scottsdale's web site where they specify the $2000 lease cash incentive: http://www.bmwnorthscottsdale.com/bmw-cash-rebate--2000-lease-cash--sid-1734.htm- l
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