Just left the dealer

[NJKSC27]

ok i am getting so inpatient on numbers so i went to dealer and worked out pricing on all preliminary figures.....

basically worked out like this

135i
sport
premium

2,500 total out of pocket
12K/year
60% residual
.003 money factor
tier one credit
36 month lease

= 585/month 625/month incl. tax!!!!!!!!!!!!!!! :eyebulge:

REDICULOUS

[1ster]

Originally Posted by NJKSC27

REDICULOUS

Dude, it's a $40k BMW. :iono:

[imported_MPower]

Originally Posted by NJKSC27

= 585/month 625/month incl. tax!!!!!!!!!!!!!!! :eyebulge:

REDICULOUS

Two things:

1. It's RIDICULOUS, with an 'i'.
2. You are dreaming if you think you will do better than that.

[Fast Kiwi]

soundz a little high with $2500 down, but close. if i get off my butt ill have our F/I run numbers. but remember thats assuming alot of information.. residual and money factor.. although they sound like a good guess.

[Road Runner]

Yeah, thats the straight math of it, shouldn't come out as a huge suprise. Its a BMW, any less than that and everyone would be driving them.

[NJKSC27]

whoa whoa

everyone relax a sec.....i know the usual "its a BMW", "its a 40K car" blah blah blah

but seeing that a 3 seiries can be leased for that, doesnt make sense. AND after pricing a MB 350, TL-S, 335 sedan at below that it just puzzles me.

and 625 is the low end assumption.

and MPower, thanks for the spelling lesson

[imported_MPower]

Originally Posted by NJKSC27

but seeing that a 3 seiries can be leased for that, doesnt make sense. AND after pricing a MB 350, TL-S, 335 sedan at below that it just puzzles me.

It's all money factors, residuals, and subsidies with leases. If you are looking at a BMW with power, the 335i sedan is going the better deal every time.

Originally Posted by NJKSC27

and MPower, thanks for the spelling lesson

Sorry, I have just seen that same mistake sooooooo many times.

[NJKSC27]

Originally Posted by MPower

Sorry, I have just seen that same mistake sooooooo many times.

haha yea i know, its all in good fun:biggrin:

unfortunately i am payment shopping. i want the performance end of the 1 and the exclusivity, but a payment of 600 plus is tough for most people. just alittle frustrating.

[imported_MPower]

Originally Posted by NJKSC27

unfortunately i am payment shopping. i want the performance end of the 1 and the exclusivity, but a payment of 600 plus is tough for most people. just alittle frustrating.

If you want something with performance and exclusivity (and don't need a huge amount of practicality), look at the Z4 3.0si or M Roadster. They are not a huge seller for BMW and the lease deals are fabulous for them. The dealer by me is advertising an M Roadster for 484 a month (I don't know the specifics and you may not be able to replicate that exact deal elsewhere). But, you would be getting a lot of car for the money, especially if you are payment shopper, as you say.

[NJKSC27]

Originally Posted by MPower

If you want something with performance and exclusivity (and don't need a huge amount of practicality), look at the Z4 3.0si or M Roadster. They are not a huge seller for BMW and the lease deals are fabulous for them. The dealer by me is advertising an M Roadster for 484 a month (I don't know the specifics and you may not be able to replicate that exact deal elsewhere). But, you would be getting a lot of car for the money, especially if you are payment shopper, as you say.

Thanks!! yea i love the M roadster but not a fan of the Z4. I'll probably just bite the bullet and lease the 1.

[Fast Kiwi]

I think itll be lower then that.. look at the "lease specials" that BMW runs online.. the base (41K) 335 is a $459.00 payment (+ tax) with 2500 down.. my guess is more like a 00.200 money factor... among other things.. you cant charge more for the 1er.. watch this space..

[imported_MPower]

Originally Posted by Fast kiwi

I think itll be lower then that.. look at the "lease specials" that BMW runs online.. the base (41K) 335 is a $459.00 payment (+ tax) with 2500 down.. my guess is more like a 00.200 money factor... among other things.. you cant charge more for the 1er.. watch this space..

Here's the kicker: BMW subsidizes its dealers for leasing cars at prices that they normally would not do. This happens in cars that either are big mainstream sellers (i.e. 3 Series sedan) or weak sellers that BMW needs to get off of its lots (i.e. Z4). The 135i is a low-production coupe for BMW and, thus, BMW will not bend over backwards to entice buyers to lease the car.

I've given this example numerous times but it needs stressing here:

When the Z4 (M) Coupe first came out, I looked into the deals offered for Z4s. I negotiated two deals on two identically equipped Z4s (with identical terms): one 3.0si Roadster, one 3.0si Coupe. The payment for the Roadster was 504 a month (with tax) and the payment for the Coupe was 780 and change (with tax). The Coupe was a new, relatively-rare "halo" model for BMW and, as such, the lease deals were awful for a car that was priced identically.

There's more to it than meets the eye.

[Fast Kiwi]

you are correct in you way of thinking sir, however.. i think you'll find the emphasis on this car was not "low volume" "high performance" such as Converts, or M cars etc.. its not that its set up to be a so called "entry level" car but i would find it hard to swallow if BMW was to ask you to pay more for less.. (1er vs 3er where it really is purely a size issue between them)at least with the BMW M cars there is a huge power diff and there is a certain heritage and so on that go with those types of models

[imported_MPower]

We know that total 1 Coupe allocation will be 20,000 cars annually to the US. What percentage of those are 135s or 128s, we don't know. But I would not be surprised to hear that the 135 will only occupy 20-30% of those allocations. Therefore, for a car that will only sell ~5,000 copies a year, good lease deals are going to be few and far between (at least for the first couple of quarters).

For comparative purposes, BMW sells around 10,000 Z4s (non-M) a year and well over 100,000 3 Series a year.

[Fast Kiwi]

fair enough, i guess we'll see. I think there will be a premium but as high as the op first posted..:iono: i just dont think so.

[imported_MPower]

Originally Posted by Fast kiwi

fair enough, i guess we'll see. I think there will be a premium but as high as the op first posted..:iono: i just dont think so.

I think those numbers represent a low average for the deals you will see originally.

[Nixon]

You might end up better off finding a dealer who will ED a 135i for you at $1,250-1,500 over ED wholesale. Do a 60 month loan at 7.25% and you could end up much better off than the 60% residual at the end of 36 months. The payments might only be 50-100 bucks more, depending upon the ED wholesale price. We'll have to wait for firm numbers to really know.

[larryn]

Unfortunately, you are not going to get anything off on an ED MSRP while the car is so new. It's just the same as buying from the dealer, except it doesn't come out of their allocation. They have to still deliver the car to you, plus do a ton more paperwork.

[flanagan]

The fact of the matter is that a 335i Coupe is more to lease than a 335i Sedan, all things being equal (i.e. MSRP), because of the factors other posters have mentioned. I expect the 135i to follow similar residuals and rates as the 335i Coupe, so this estimate doesn't surprise me at all. In fact, it's almost exactly what I was expecting: somewhere between the 335i Sedan and Coupe. It's unfortunate for some because they will certainly prefer a 135i to a 335i Sedan, but it's just how leasing works.

If you want to make sure the 135i is cheaper than a 335i Sedan, you should finance or get a loan. That is, if you're not capable of paying cash.

The other option is to take a hit in pride and avoid being an early adopter. Chances are that when people begin to see that they can get a 335i for a lower monthly payment than a 135i, they will spring for the 335. This would cause the 135i residuals and sales figures to dip (or simply not live up to expectations), lowering the lease payment for subsequent model years.

Personally, I might spring for the 335i Sedan, keep it for a year, and see where the 135i lease numbers stand. If they're lower than I'm paying and I still prefer the 1-series to the 3-series, then I'll switch.

*Disclaimer* I am a graphic designer, not a financial anything. All of this is amateur speculation and should be taken with a whole handful of salt.

[NJKSC27]

Originally Posted by flanagan

The fact of the matter is that a 335i Coupe is more to lease than a 335i Sedan, all things being equal (i.e. MSRP), because of the factors other posters have mentioned. I expect the 135i to follow similar residuals and rates as the 335i Coupe, so this estimate doesn't surprise me at all. In fact, it's almost exactly what I was expecting: somewhere between the 335i Sedan and Coupe. It's unfortunate for some because they will certainly prefer a 135i to a 335i Sedan, but it's just how leasing works.

If you want to make sure the 135i is cheaper than a 335i Sedan, you should finance or get a loan. That is, if you're not capable of paying cash.

The other option is to take a hit in pride and avoid being an early adopter. Chances are that when people begin to see that they can get a 335i for a lower monthly payment than a 135i, they will spring for the 335. This would cause the 135i residuals and sales figures to dip (or simply not live up to expectations), lowering the lease payment for subsequent model years.

Personally, I might spring for the 335i Sedan, keep it for a year, and see where the 135i lease numbers stand. If they're lower than I'm paying and I still prefer the 1-series to the 3-series, then I'll switch.

*Disclaimer* I am a graphic designer, not a financial anything. All of this is amateur speculation and should be taken with a whole handful of salt.

great post!!! Imaginary rep points for you!!

[Dave]

i hate to break it to ya but if you are waiting for prices to dip...dont hold ur breath. when we waited for the x5 to dip it never did...despite bad sales on that model line. bmw repeatdly excedds its profit forcasting and never needs to sell for invoice....the only marginally discounts are from CPO (used) and demo cars (beaten). If you end up buying a 335i sedan u probably will be sstuck with it but very happy...they are both great cars but the 1er is the true track star

[the2doors]

Why are you leasing a car in it's first year? They will always have the worst money factors until the BMW figures out the depreciation rates and starts offering promotions. Open a Heloc and finance the car yourself. The rates are really low and getting lower, and the interest is tax deductable.