BMW Lease Rates - April 2008

[LeaseCompare]

BMW Financial Services Lease Programs – April 2008

Special bank lease programs for these models are available through independent leasing source LeaseCompare.com. Click on the vehicle name for more information and to see payments details.

2008 BMW 128i Coupe
24 Month – Residual 76% of MSRP – .00258 Base Rate
36 Month – Residual 62% of MSRP – .00258 Base Rate
48 Month – Residual 50% of MSRP – .00258 Base Rate
60 Month – Residual 41% of MSRP – .00258 Base Rate

2008 BMW 128i Convertible
24 Month – Residual 74% of MSRP – .00258 Base Rate
36 Month – Residual 61% of MSRP – .00258 Base Rate
48 Month – Residual 48% of MSRP – .00258 Base Rate
60 Month – Residual 39% of MSRP – .00258 Base Rate

2008 BMW 135i Coupe
24 Month – Residual 71% of MSRP – .00258 Base Rate
36 Month – Residual 58% of MSRP – .00258 Base Rate
48 Month – Residual 47% of MSRP – .00258 Base Rate
60 Month – Residual 39% of MSRP – .00258 Base Rate

2008 BMW 135i Convertible
24 Month – Residual 72% of MSRP – .00258 Base Rate
36 Month – Residual 59% of MSRP – .00258 Base Rate
48 Month – Residual 46% of MSRP – .00258 Base Rate
60 Month – Residual 37% of MSRP – .00258 Base Rate

Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms

Compare Lease Payments for Used BMW Models HERE

Use the following formula to calculate a lease payment:

(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Money Factor = Interest
Depreciation + Interest = Base Monthly Payment

NOTE: These lease programs are provided by dealer partners of LeaseCompare.com and are for reference only. Rates may vary by region. Your dealer has the option of offering you a higher rate. To make sure you are getting the best lease, compare these rates through an independent leasing source such as LeaseCompare.com.

Here is a great online publication about leasing: Auto Lease Insider.

[ScottyGams]

http://www.bimmerfest.com/forums/sho...d.php?t=275784
the rates for all cars can be found at bimmerfest.com

nice to chop off a couple points of money to the bank!!!

[BMWBLOG.COM]

still pretty high. Including the 3 series as well. I guess the good lease rates are long gone.
I've been following the lease rates on the 335i sedan for the past 7 months, and it either stayed the same or it got worse.

[drand]

This drop saves me $20 a month over last months rates. Better than nothing.

[gregthegr8]

Tarry, I'm looking to go with leasecompare in a few days and you discuss a 10,000 mile per year lease, but on the website, leasecompare does not allow a 10,000 miles/yr option. I'd love to do this cause i typically drive 6-7,000 miles per year and it would save me money, so I'm curious if this actually is an option. I tried private messaging you, but I guess you have them turned off. Hope you see this.

Greg

[LeaseCompare]

Originally Posted by gregthegr8

Tarry, I'm looking to go with leasecompare in a few days and you discuss a 10,000 mile per year lease, but on the website, leasecompare does not allow a 10,000 miles/yr option. I'd love to do this cause i typically drive 6-7,000 miles per year and it would save me money, so I'm curious if this actually is an option. I tried private messaging you, but I guess you have them turned off. Hope you see this.

Greg

Hmmm... my PM is turned on.

The rates I post here are for BMWFS programs. The lowest mileage option offered by our lease sources is 12K per year.

[aam2u]

leasecompare is showing a lease deal that offers a money factor of .00177 .

this deal only shows up if you put in certain criteria. i was interested so i kind of messed around and found some boundaries to this deal

the car i optioned out came out to an msrp of $39,500. $42,265 after tax.

also I did not check if this deal works on any other zip codes, but the one i used was 45233

this is the information i put in on there site for this deal to show up:

msrp : $39,500
purchase price: $42,265
odometer: 0
transmission: manual

credit score: 700 (must be at least 700 for this deal to appear)
down payment: 2750 (must have down payment of at least 2750 for this deal to appear, i put in 3000 at first and it worked, so i checked to see how low it would go)
number of miles driven per year: 12000 (it seems that any mile combination works for this deal)
lease term: 48 months(36 and 48 months are the only two options that this deal show up on)

[j330xi]

What is the highest mileage available? 30K/year available?

cost per mile over?

[gregthegr8]

Hey Tarry,

Guess your mailbox must be full then. I did have a few questions though.

1) I wanted to ask when the best time is to apply for a lease at leasecompare. I want to wait as long as possible because rates may go down further, but want to leave enough time to get everything approved and ready to go. So, can they go down at any time, or are there certain days/dates where the rates update?

2) Should I negotiate the price first with the dealer or get approved first?

Please let me know as I will be applying either this week or next (car set to arrive ~ 4/21)

[LeaseCompare]

Originally Posted by gregthegr8

Hey Tarry,

Guess your mailbox must be full then. I did have a few questions though.

1) I wanted to ask when the best time is to apply for a lease at leasecompare. I want to wait as long as possible because rates may go down further, but want to leave enough time to get everything approved and ready to go. So, can they go down at any time, or are there certain days/dates where the rates update?

2) Should I negotiate the price first with the dealer or get approved first?

Please let me know as I will be applying either this week or next (car set to arrive ~ 4/21)

Still can't figure out why I am not getting PMs.

Answers:

1) You are not locked into the lease program that you apply for. Check again right before your vehicle arrives to make sure you are getting the best program.

2) The process can be faster if you get pre-approved.

Let me know if I can be of further assistance.