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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > 328 (NOT 335) Lease Prices



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      01-17-2007, 09:00 PM   #1
livefromla
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328 (NOT 335) Lease Prices

I just got mine last week.. 328i, jet blk/ blk, aluminum trim, auto, sport, premium, nav, heated seats, park distance

MSRP: $44370
PAID: $41,900
Money Factor: 1.4
Residual: 60%

$3500 down
24 Months
12k
$526 Including Tax


WHAT DO YOU GUYS THINK?
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      01-21-2007, 03:06 AM   #2
aftp302
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Quote:
Originally Posted by livefromla View Post
I just got mine last week.. 328i, jet blk/ blk, aluminum trim, auto, sport, premium, nav, heated seats, park distance

MSRP: $44370
PAID: $41,900
Money Factor: 1.4
Residual: 60%

$3500 down
24 Months
12k
$526 Including Tax


WHAT DO YOU GUYS THINK?
A few things:

1) Money Factor should be .00125 for a 328 Coupe for 24mos (http://forums.roadfly.com/forums/fin...8186473-1.html)

2) Residual should be 70% but based on your numbers, this might just be a typo

3) Do you mean $3500 in out-the-door costs (acquisition fee, tags, title, 1st month payment, and some down payment, etc) or do you actually mean a full $3500 down payment? If the latter, why on earth would you put a $3500 down payment on a leased car? That defeats most of the purpose of leasing and is not the best use of your money.
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      01-21-2007, 10:17 AM   #3
SteveMD
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Need more info. WHat are the taxes in your state and how are thay applied? To the payment or to the full price of the car?

There is no such thing as a MF of 1.4. DO you mean 0.00140?

Check the residual. It should be 70%.

So, I'm going to assume that $1500 of your $3500 was for sec deposit and first payment and acquisition fees etc.

That leaves $2000 for a 'down payment' or capital cost reduction.

Your payment should be $467 plus tax. (0.00140 and 70%)
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      01-22-2007, 05:18 PM   #4
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The money factor should have been 0.00140.. you are right... I ordered the car in Dec and I think the rates were higher in Dec than Jan and even though I picked up the car in Jan, I still got the Dec rates.
The $3500 Included acquisition fee, tags, title, 1st month payment (no security deposit) .. I could have put down the min down payment which was around $1800 but I had some extra cash and gave it towards the downpayment to lower my monthly..
After reading all those... I don't even know if I got the Dec or Jan numbers calculated in my lease... Tax is 8.25% in California..
Do my numbers look right?

THanks all!
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      01-22-2007, 05:20 PM   #5
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The tax applies monthly by the way.
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