BMW 1 Series Coupe Forum / 1 Series Convertible Forum (1M / tii / 135i / 128i / Coupe / Cabrio / Hatchback) (BMW E82 E88 128i 130i 135i)
 





 

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      03-03-2014, 10:54 PM   #1
awawesome
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New 135i Lease

Hey guys,

I'm new here, and looking into buying a 135i. There is one that is perfect for me very close to my house. (if anyone is interested, here is the link: http://www.parkavebmw.com/new/BMW/20...2f10e7317c.htm)

Since residual values have fallen so much, but people are paying so much under invoice for these cars now, how much should I expect to pay? I want to lease the car for zero down (only first month's payment due at signing), 36 month, 10k. Thanks and I hope to be part of the 1addicts family soon!
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      03-04-2014, 01:25 AM   #2
killerhurtalot
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Quote:
Originally Posted by awawesome View Post
Hey guys,

I'm new here, and looking into buying a 135i. There is one that is perfect for me very close to my house. (if anyone is interested, here is the link: http://www.parkavebmw.com/new/BMW/20...2f10e7317c.htm)

Since residual values have fallen so much, but people are paying so much under invoice for these cars now, how much should I expect to pay? I want to lease the car for zero down (only first month's payment due at signing), 36 month, 10k. Thanks and I hope to be part of the 1addicts family soon!
Oh man... for that price I would be very tempted to get a M235i... ( I priced one out with the M sport/Premium/Cold weather Package and it was around the same price as the car you listed...

I'm betting for a lease, you can easily get that car for around $550-600 a month with like no money down since they're marking them down so much for being discontinued and the 2 series coming out :/

So what. That's like a $20k over 3 years for the rental... and assuming the residual value is around the same as where I'm at (63%), it's going to be around 28-30k depending on how much of price you can talk them down on to lower the invoice...
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      03-04-2014, 01:56 AM   #3
gregthegr8
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Quote:
Originally Posted by killerhurtalot View Post
Oh man... for that price I would be very tempted to get a M235i... ( I priced one out with the M sport/Premium/Cold weather Package and it was around the same price as the car you listed...

I'm betting for a lease, you can easily get that car for around $550-600 a month with like no money down since they're marking them down so much for being discontinued and the 2 series coming out :/

So what. That's like a $20k over 3 years for the rental... and assuming the residual value is around the same as where I'm at (63%), it's going to be around 28-30k depending on how much of price you can talk them down on to lower the invoice...
The residuals will probably be in the low 50%s, so not sure how the math works out since they'll also discount that $47k MSRP probably $8-10k I'd imagine. A couple months ago all the 135s around here were marked down about that much, so might be even more now that the 2 has rolled out and still some 1's sitting on lots.

For the money though, you'd probably be better off doing a purchase instead of a lease, but all depends on the numbers of course.
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      03-04-2014, 11:30 AM   #4
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To Greg's point, there are some really nice discounts available on the remaining 1ers out there - check autotrader and use to your advantage when negotiating

Residuals on a 2013 model car may be even lower than low 50's - when I looked at leasing a 2011 E93 in early 2012 the residual offered through BMWFS was well off the new 2012 rate.

If you figure 50% residual (3/36 lease), MF .00130, a final car price of ~$42K and a cap cost of ~$43K (including fees and acquisition) you'll be in the low $600 range (no tax)

For reference, a 72 month buy at 3% is $637

nice car, good luck with your negotiations!
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      03-04-2014, 01:45 PM   #5
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the 135is has to be THE performance bargain out right now. You can probably snatch up a 2013 135is pretty nicely equipped for $42k like others are saying. That is one hell of a car.....just BUY IT i say......i doubt you'll lose money on it as the lease rates are not going to be very good on it....
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      03-06-2014, 02:27 PM   #6
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That seems very expensive. You should be able to do a lot better than that. Are you set on that DCT transmission? I hope you don't have a lot of city driving...
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