128i / 135i LEASE RESIDUALS announced

[joelk]

Originally Posted by NJKSC27

ok ready.....

lease a 135i for 650/month

or

lease a 335 for 650/month

no brainer

exactly. 135i PURCHASE not lease for me. not even close for equal money.

i don't understand why there is so much complaining here. according to the residuals for the 335i coupe, the 135i residuals are better or the same at 36 and 48 months. are you saying you expect this car to be worth much less (proportionally) than that in 3 or 4 years?

you know the formula for lease payments. you know the variables going into it. what exactly do you disagree with besides the end result?

granted the money factor seems high but if another poster is to be believed that doesn't affect your monthly lease rate _that_ much.

honestly curious here.

EDIT: perhaps bmw absorbs some of the cost of leasing a 3er that isn't reflected in their residuals? i dunno.

[b2nvs2001]

Okay, just got my rough payments for my 45k 135i. 9000 drive off with 74% residual and 0.0031 MF. Payment = 455$. For 3 yr with 61% residual and 9000 drive off and same MF, payment = 539$.

Now I know you will all say how terrible the deal is because Im putting so much down but for me monthly payment is the most important factor for me. So with this in mind, is this a good deal? Also, whats the problem with putting that much down payment apart from losing that amount of money initially and the interest you can earn on it argument.

[n54_335]

Originally Posted by b2nvs2001

Okay, just got my rough payments for my 45k 135i. 9000 drive off with 74% residual and 0.0031 MF. Payment = 455$. For 3 yr with 61% residual and 9000 drive off and same MF, payment = 539$.

.

I am in the same situation, was going to have to put 8k down to get the payments to 489 w/tax but its just not a good idea. UNLESS you really want it, you can get so many other cars for less and even some cars that actually cost more than the 135i for less than the 135i lease..

[hellrotm]

With these numbers, it looks like there may be some 135i/128i's sitting on the lots at the end of this year. There could be some good end-of-year deals to be had.

[b2nvs2001]

I need to ask one simple question : does the amount you put down less than what you were going to (e.g. im thinking of putting down 9000 - if I were to put down 3000 instead) make up the difference in payments (i.e. at the moment 455$ vs xxx$ for 3000$ down). Please ask if you need some more clarification on this weirdly worded question

[n54_335]

Originally Posted by b2nvs2001

I need to ask one simple question : does the amount you put down less than what you were going to (e.g. im thinking of putting down 9000 - if I were to put down 3000 instead) make up the difference in payments (i.e. at the moment 455$ vs xxx$ for 3000$ down). Please ask if you need some more clarification on this weirdly worded question

not exactly, I believe you save some $$ on interest with the more you put down. so you may save 1k over the entire 3year period putting 9k down compared to putting 3k down. ( thats just an estimate I got from http://www.leaseguide.com/calc.htm)

[imported_Azzurri]

Means less 1's on the road; could be good or bad on how you see that. I don't mind making it a rare car.

[fuhgetaboutit]

It is pretty much a deal-breaker for me if a similarly equipped 335i is cheaper to lease than a 135i. That is crap. I like BMWs and the 1er will be a great car, but there is a limit to the amount of pricing nonsense I can take from BMW.

[drand]

I am kind of shocked by the reaction here. I have done a lot of research on leasing one of these for the last six months and every indication was that we would be exactly where we are today. It has been apparent to many of us that the 335 was the cheaper route, up until this point I thought everyone was aware of this.

My point is this, I really don't care that the 335 is cheaper, I don't want one, I want a 135. And considering the allocation, or lack there of, BMW is going to be bringing just enough of these to the states to make people like me happy, and maybe even not enough to do that.

I wish this wasn't the situation but there are plenty of people who are willing to pay a premium to have one. If BMW could make more of them, we wouldn't be in the circumstance and because of that if you wat one, you are going to have to pay for it.

[imported_MPower]

Originally Posted by NJKSC27

ok ready.....

lease a 135i for 650/month

or

lease a 335 for 650/month

no brainer

It's pretty easy to negotiate a 335i down to 575/month.

Bottom line: I don't think leasing this car represents a brilliant value. Just my opinion...

[ARES45]

I will probably buy and use usaa to finance at 4.99%

[ulrichd]

Originally Posted by NJKSC27

ok ready.....

lease a 135i for 650/month

or

lease a 335 for 650/month

no brainer

Actually BMW has lease deals on the 328 and 335 coupe at $450 and $550/mo.

Ulrich

[imported_MPower]

Originally Posted by ARES45

I will probably buy and use usaa to finance at 4.99%

Smart. That rate may get even better in the next few months.

[larryn]

I am glad I did a home equity line on this one. Pay off in a few years, deduct the interest, and lower interest rate.

[rhutch98]

I think this is exactly what BMW has planned all a long and should be no real shocker at least for the 135. This is not an entry level car and is not priced as such nor available in a lease as such. It is targeted to a particular group which will pay for the car and are not looking for status or getting this because they can't afford a 335. It is funny to think that folks are ready to jump ship to a 335 in a lease thinking they are getting more for the money, but the 335 has a different target group. These folks should be asking themselves why they wanted the 1 in the first place. If you can't afford it don't get it. I am paying cash for my 135 and I think it is a screaming deal, I could pay cash for 335 but I don't want that car. To me leasing is just a way to get something you can't afford and in this case BMW is making it less attractive for folks who can't afford it in the first place.

[BMW Dreamer]

I am going to finance $37,000 for 84 months @ 5%. The payment will be $523 a month. Thats for the car costing $40k with TTL with $3k down. I have to keep payment as low as possible. For 72 months the payment would be $596. I need to keep payment as low as possible.

If I get leather for $1450 it will add $20.48 to the $523 payment=$543.48

[chaz13]

I just did an estimate on the BMW site for a 335i.
MSRP 45,570
12k per year
5k down
36 months
$523 month
And that is at MSRP which you won't pay for a 3 series. If these numbers are correct on the 135i then the 335i is a much better deal. Same engine and more standard options. Looks like I'll be looking at the 3 series. My first BMW was a 1998 328i and I loved it. I bought an Audi A4 next and it is a great car but not a BMW.

[ChrisK]

There is no doubt that I will purchase the car :biggrin:

[joelk]

Originally Posted by Rhutch98

I think this is exactly what BMW has planned all a long and should be no real shocker at least for the 135. This is not an entry level car and is not priced as such nor available in a lease as such. It is targeted to a particular group which will pay for the car and are not looking for status or getting this because they can't afford a 335. It is funny to think that folks are ready to jump ship to a 335 in a lease thinking they are getting more for the money, but the 335 has a different target group. These folks should be asking themselves why they wanted the 1 in the first place. If you can't afford it don't get it. I am paying cash for my 135 and I think it is a screaming deal, I could pay cash for 335 but I don't want that car. To me leasing is just a way to get something you can't afford and in this case BMW is making it less attractive for folks who can't afford it in the first place.

i agree completely. but, not completely understanding how dealers game the leasing market, it seems like this should have been expected from the get-go knowing the cost of the car....again except perhaps the money factor...but i'm new to the ins and outs of leasing. i always buy.

and just to be clear, i don't consider this car that much of a status purchase but more of a niche purchase. if it doesn't make financial sense for someone then my respect to you for not digging yourself in unnecessary debt. :drinking:

[rhutch98]

I am going to finance $37,000 for 84 months @ 5%. The payment will be $523 a month. Thats for the car costing $40k with TTL with $3k down. I have to keep payment as low as possible. For 72 months the payment would be $596. I need to keep payment as low as possible.

Man I think you should do some soul searching on this. 84 months is 7 years!!! You are going to be upside down on the loan almost instantly, just imagine if you wreck the car. Maybe you should wait a year or two and buy used.

[joelk]

Originally Posted by Rhutch98

Man I think you should do some soul searching on this. 84 months is 7 years!!! You are going to be upside down on the loan almost instantly, just imagine if you wreck the car. Maybe you should wait a year or two and buy used.

agreed. i wouldn't do it. ymmv of course not knowing the specifics of the situation.

[imported_Azzurri]

I've read many people saying this is a entry level car because of the "1" I disagree, just because it's lower than 3 doesn't mean it's going to be cheaper. The 1 is a car aimed at a different demographic of consumers.