Are the current BMW USA lease offers a good value?

[Revelate]

I'm specifically looking at the 2011 128i convertible.

I've never leased a vehicle, just curious if these BMW lease specials are an easy, no hassle way to get a decent lease without negotiation, or if it's common to do better. I have a call into the dealer to get the details from them which I will update the post with, but thought it might be common knowledge if these are reasonable or not.


http://www.bmwusa.com/Standard/Conte...XTBByXgJp54w==

Well-equipped with Premium Package, Automatic Transmission and Destination charges

36-month lease well-equipped at $379*/month. $1,000 Build-Out Cash available.

Vehicle Registered outside N.Y.
• $379 First months payment
• $2,500 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $3,604 Cash due at signing

*Lease financing available on 2011 BMW 128i Convertible vehicles, only at participating BMW centers on leases assigned to BMW Financial Services NA, LLC/Financial Services Vehicle Trust through May 02, 2011. Monthly Lease payments of $379.00 for 36 months based on MSRP of $39,000.00. Vehicle may need to be ordered. Total Lease payments are $13,644.00. Excludes tax, title, license and registration fees. Program available to qualified customers and not everyone will qualify. Subject to credit approval. See participating dealer for details. Dealer contribution may affect terms. Lessee must cover insurance and all items not covered under the BMW Maintenance Program. At lease end, lessee will be liable for disposition fee ($350.00), any excess wear and use as set forth in the lease agreement and excess mileage charges of $0.20 per mile for miles driven in excess of 30,000 miles. Purchase option at lease end for $23,010.00 excludes taxes. Lessee acquires no ownership interest unless purchase option is exercised. See participating BMW centers for details and vehicle availability. For more information call 1-800-334-4269. Special lease rates and pricing may not be reflected throughout www.bmwusa.com. All figures presented are estimates only. Actual selling price may vary. Please see your BMW center for details. Ultimate Service covers all factory recommended maintenance on all new vehicles, as determined by the Service Level Indicator, for 4 years or 50,000 miles, whichever comes first. Exclusions from coverage: gasoline, gasoline additives, windshield washer additives, tires, wheels, wheel alignment, tire balancing and rotation. All work must be performed by an authorized BMW center. See the Service and Warranty information booklet for more details and specific terms, conditions and limitations. ©2011 BMW of North America, LLC. The BMW name, model names and logo are registered trademarks.

[jpd]

Understand that not all qualify. Credit history and other factors like age can affect the amount you pay. Good luck finding a $39K 128. Additionally if you add the 3k+ the real rate is another $100 per month. Now add tax. I see you are from Wa like me. Add another 10% a month. One series cars are generally scarce here. Go to the dealer and get the info. This means in person and talk to a real CA who can give you the figures. Hope you drive fewer than 10K a year?

[avocatusdiaboli]

Somewhat along the same lines, I finally leased my first BMW (2011 128) this weekend, but was told that I couldn't do MSDs (in VA), when I inquired about it. I know some states don't allow it, but I didn't think VA was one of them. The finance person kept saying the security deposit was waived because of my credit (maybe the paperwork would have been too cumbersome?) I'm not complaining per se, the whole experience was rather pleasant actually.

[bdoooh]

I think you'll be able to.. I am about to lease a 2011 135i.. and they gave me 2 options for the cheapest.. I have 1 that has most the packages for $41,700 and another with only the m-sport and few other accessories for $39,500. So on a 128.. I think you should be able to find one for that price.