Residual Decrease / interest rate increase? - BMW 3-Series (E90 E92) Forum

jzerden · 05-06-2008, 01:52 PM

I am in the process of negotiating the leases of a 335i BMW --- according to the dealer, as of this morning the residual rate decreased and the interest rate increased.

Does anyone know if this is true – and what the 3-year 36 month residual and money factors look like?

Thanks

JackMac · 05-06-2008, 02:04 PM

Well, they did change today, but haven't found them posted yet.

magillagorilla · 05-06-2008, 02:18 PM

Just spoke to my dealer. Picking up my 335icp tomorrow.

I'm locked in at the March/April rates (230 MF and 62% residual). He indicated that BMWNA had dropped the MF to 220 but also dropped the residual to 54%! No thanks.

aztec31 · 05-06-2008, 03:41 PM

What is the interest rate if one wants to finance?

MikeMidd · 05-07-2008, 09:30 AM

Quote:

Originally Posted by aztec31

What is the interest rate if one wants to finance?

3.9% on E90/E92 has been extended to May 31, according to BMWUSA.com.

will@longbeachbmw · 05-07-2008, 01:06 PM

The residuals dropped 6% on 3 series across the board. The lease rates went up. Payments are about $70-$80 more.

They only good thing that came out of this month was purchase rates dropped considerably. 3.9% across the 3 series line, 2.9% across 5 series (except M5), 6 series, and 7 series, 3.9% on X3, and 2.9% on X5's.

Jet335i · 05-07-2008, 03:44 PM

wow i'm glad i ordered in april!

will@longbeachbmw · 05-08-2008, 01:05 PM

Quote:

Originally Posted by Jet335i

wow i'm glad i ordered in april!

If you weren't approved by BMW FS by May 5th - then you don't get the old lease rates

05-06-2008, 01:52 PM	#1
jzerden Registered Drives: BMW Join Date: May 2008 Location: Boston Posts: 1 iTrader: (0)	Residual Decrease / interest rate increase? I am in the process of negotiating the leases of a 335i BMW --- according to the dealer, as of this morning the residual rate decreased and the interest rate increased. Does anyone know if this is true – and what the 3-year 36 month residual and money factors look like? Thanks
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05-06-2008, 02:04 PM	#2
JackMac Recovering BMW Addict Drives: <OO (\|\|\|)(\|\|\|) OO> Join Date: Nov 2005 Location: Southeast PA Posts: 1,920 iTrader: (7) Garage List 2010 MINI John Coop ... [4.83]	Well, they did change today, but haven't found them posted yet.

05-06-2008, 02:18 PM	#3
magillagorilla Private Drives: S4 Join Date: Oct 2007 Location: seattle Posts: 50 iTrader: (0)	Just spoke to my dealer. Picking up my 335icp tomorrow. I'm locked in at the March/April rates (230 MF and 62% residual). He indicated that BMWNA had dropped the MF to 220 but also dropped the residual to 54%! No thanks.

05-06-2008, 03:41 PM	#4
aztec31 Private Drives: 2008 E90 335i Join Date: Nov 2007 Location: Bay Area Posts: 85 iTrader: (0)	What is the interest rate if one wants to finance?

05-07-2008, 01:06 PM	#6
will@longbeachbmw Drives: 2008 M Coupe Join Date: Dec 2006 Location: Long Beach, CA Posts: 742 iTrader: (4)	The residuals dropped 6% on 3 series across the board. The lease rates went up. Payments are about $70-$80 more. They only good thing that came out of this month was purchase rates dropped considerably. 3.9% across the 3 series line, 2.9% across 5 series (except M5), 6 series, and 7 series, 3.9% on X3, and 2.9% on X5's.

05-07-2008, 03:44 PM	#7
Jet335i Captain Drives: 2011 E92 IB ZCP DCT Join Date: Apr 2008 Location: Monmouth Co. NJ Posts: 783 iTrader: (5)	wow i'm glad i ordered in april!