BMW 1 Series Auto Lease Rates - November 2008

[LeaseCompare]

BMW Auto Lease Programs – Effective November 2008

These lease programs are provided courtesy of LeaseCompare.com by dealer partners and are NOT for redistribution.

Follow these 3 steps for the best lease deal!

1) Use the data listed below each vehicle model, and the Lease Formula at the bottom of this page, to calculate a manufacturer (captive) lease payment.

2) Compare special Bank Lease programs by clicking on the vehicle model name to see instant lease payments.

3) You’ve done your homework, now choose the best lease and start driving your car!

NOTE: Choosing a lease program, captive or bank, with the lowest money factor and a realistic residual value will provide you with the best overall leasing option.

FREE help on using this data or general leasing questions is available HERE: https://secure.acscorp.com/pla/pla.php

2009 BMW 128i Coupe
24 Month – Residual 72% of MSRP – .00285 Base Rate
36 Month – Residual 60% of MSRP – .00285 Base Rate
48 Month – Residual 48% of MSRP – .00285 Base Rate
60 Month – Residual 39% of MSRP – .00285 Base Rate

2009 BMW 128i Convertible
24 Month – Residual 73% of MSRP – .00285 Base Rate
36 Month – Residual 60% of MSRP – .00285 Base Rate
48 Month – Residual 48% of MSRP – .00285 Base Rate
60 Month – Residual 39% of MSRP – .00285 Base Rate

2009 BMW 135i Coupe
24 Month – Residual 68% of MSRP – .00285 Base Rate
36 Month – Residual 56% of MSRP – .00285 Base Rate
48 Month – Residual 46% of MSRP – .00285 Base Rate
60 Month – Residual 37% of MSRP – .00285 Base Rate

2009 BMW 135i Convertible
24 Month – Residual 70% of MSRP – .00285 Base Rate
36 Month – Residual 58% of MSRP – .00285 Base Rate
48 Month – Residual 47% of MSRP – .00285 Base Rate
60 Month – Residual 38% of MSRP – .00285 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

Lease Payment Calculation Formula:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Base Rate = Interest
Depreciation + Interest = Base Monthly Payment

Terms Used in Lease Formula:
CAP COST = Vehicle Purchase Price (amount financed)
RESIDUAL VALUE = MSRP (window sticker) X Residual %
TERM = Length of Lease in Months (3 years = 36 months)
BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit)

NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate.

Compare Lease and Loan Payments for Used BMW Models HERE

Visit Auto Lease Insider for great leasing info!

[Hammerfang]

I was wondering why you add the cap cost and residual value together while calculating the interest amount. This does not seem to make sense because you are effectively paying interest on two amounts when you should really only be paying it on one amount, the cap cost of the car, which is really the amount which is being borrowed.

[LeaseCompare]

Originally Posted by Hammerfang

I was wondering why you add the cap cost and residual value together while calculating the interest amount. This does not seem to make sense because you are effectively paying interest on two amounts when you should really only be paying it on one amount, the cap cost of the car, which is really the amount which is being borrowed.

It has to do with the use of a money factor instead of an interest rate.

This is the formula that most banks and captives (manufacturers) use to calculate leases.

[Hammerfang]

Do you need to use a money factor or can you calculate the amount using an interest rate?

[LeaseCompare]

Originally Posted by Hammerfang

Do you need to use a money factor or can you calculate the amount using an interest rate?

You need to use the formula above to calculate the correct payment.