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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      11-05-2007, 10:52 PM   #1
n54_335
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rough estimate of lease pirce "135i"

I was just wondering what you guys thought would be the monthly payment on the 135i with a price tag of 37k? (3year, 2500 down)

I know that you need alot more information to say what it will be, but I thought someone might have a rough outside guess they could throw out there.

(A dealer told me it would probably be in the 700's,"i didnt ask" and then started showing me 3-series. And I know he dosnt know anything, but is that even realistic?)
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      11-05-2007, 11:03 PM   #2
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oh boy


unfortunately the leasing might be scary:eyebulge:

im thinking high 500's
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      11-05-2007, 11:06 PM   #3
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Go to the 'calculate payment' section at the BMW website and put your numbers in. I would put in $500 in place of $2500 for the down to account for the absence of any incentives on the 135 lease (even though you will put 2500 down). That should give you a "very rough" estimate.
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      11-05-2007, 11:12 PM   #4
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Quote:
Originally Posted by 135idrive View Post
Go to the 'calculate payment' section at the BMW website and put your numbers in. I would put in $500 in place of $2500 for the down to account for the absence of any incentives on the 135 lease (even though you will put 2500 down). That should give you a "very rough" estimate.
cool, thanks alot.
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      11-06-2007, 05:46 AM   #5
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If its in the 500's than your in 3 series territory. This is suppose to be the affordable BMW.
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      11-06-2007, 11:21 AM   #6
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A dealer emailed me back and said
"Bmw fs will not offer any specials on this car since is predicted as a hot car offered on market so standard lease rates will be offered same as for m3 or M5."

But He also said,
"The 135i will push lease rates into the 700's"

Does that seem right? A car maybe starting around 35k(which is what the dealer thought) going for 700 a month lease?
Seems better just to finance.
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      11-06-2007, 11:31 AM   #7
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Quote:
Originally Posted by black135i View Post
A dealer emailed me back and said
"Bmw fs will not offer any specials on this car since is predicted as a hot car offered on market so standard lease rates will be offered same as for m3 or M5."

But He also said,
"The 135i will push lease rates into the 700's"

Does that seem right? A car maybe starting around 35k(which is what the dealer thought) going for 700 a month lease?
Seems better just to finance.
a first year model will reflect high lease payments because of the unknown residual (what the car is worth at the lease termination date) of the car. this is rough but lets say the final out the door price is 42,000 with tax and tags and at the time BMW has a 50% residual ( and thats high) on a 36 month lease. Excluding money factors the rough payment with no money down would be...

42,000 x .50 = 21,000
42,000-21,000 = 21,000

21,000 / 36m = 583/month

now thats excluding your most likely high money factor and mileage factor

so you can easily see how the payment will approach 700.
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      11-06-2007, 11:39 AM   #8
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Quote:
Originally Posted by NJKSC27 View Post
a first year model will reflect high lease payments because of the unknown residual (what the car is worth at the lease termination date) of the car. this is rough but lets say the final out the door price is 42,000 with tax and tags and at the time BMW has a 50% residual ( and thats high) on a 36 month lease. Excluding money factors the rough payment with no money down would be...

42,000 x .50 = 21,000
42,000-21,000 = 21,000

21,000 / 36m = 583/month

now thats excluding your most likely high money factor and mileage factor

so you can easily see how the payment will approach 700.
Ok I see, thanks
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      11-06-2007, 12:56 PM   #9
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50% after three years is very low. Most of their other cars are pushing the 60% mark after three years. Also, the residual takes into account the various mileage amounts so a markup for mileage is not acceptable. I think the standard money factor now is .00275.

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      11-06-2007, 04:15 PM   #10
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What exactly can/should you be negotiating when it comes to leases?
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      11-06-2007, 04:25 PM   #11
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Quote:
Originally Posted by ARES45 View Post
What exactly can/should you be negotiating when it comes to leases?
ultimate price of car and miles .....this will be tough as I think 135 will be iron clad full MSRP for the first year......money factor and residual are non negotiable....but, as a previous poster replied, this car will lease high first year due to no residual set....also, I'm not in favor of OP's post of putting so much down on the lease....always better to maybe have higher payment and perhaps putting that down payment $ in an interest bearing money market - for a rainy day???
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      11-07-2007, 12:09 AM   #12
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First off, they are going to have to set residuals because that is a requirement of determining a lease payment. If they set the residuals low than the 1 series will cost as much or more to lease than a 3 series coupe. And something like 3/4 of BMW sales are leases so it would hurt sales. I doubt they'll discount money factor (or off MSRP) if sales are as strong as expected. But with the 3 series coupes selling so well I doubt they're disounting those money factors either. My recommendation for the 135 is to take a 328 coupe, option it the same way, and that will give you a good idea of the lease payment.

As far as what to negotiate, that would be the selling price just like any car. Research the residuals and money factors on the internet. I think dealers are allowed to mark up money factor so make sure they aren't doing it to you. I think BMW still allows you to put down fully refundable security deposits to lower your money factor (interest rate.) That is a good way to get your lease payment down, and unlike a down payment (which is a bad idea with a lease) security deposits get refunded if you total the car.
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      11-07-2007, 03:20 AM   #13
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Quote:
Originally Posted by NJKSC27 View Post
42,000 x .50 = 21,000
42,000-21,000 = 21,000

21,000 / 36m = 583/month

now thats excluding your most likely high money factor and mileage factor

so you can easily see how the payment will approach 700.

I think the residual value is a bit low. A $700 dollar lease opens the door to a lot of vehicles.

60% ~ $466.67
65% ~ $408.3
70% ~ $350.0

I am not familiar with lease but I am trying to give everyone an idea how much 5% residual value difference means for monthly payment. I looked at a 2005 BMW 325ci and the residual value is nowhere nearly as low as 50%. It is closer to 74%, KBB current value of 26,000 vs. 35,000 new. Of course the residual value is arbitrary to what BMW NA wants it to be but I think a $700 dollar lease will kill BMW's sales goal for 1 series. There is no doubt about that.
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      11-07-2007, 07:20 AM   #14
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Quote:
Originally Posted by robert View Post
I think the residual value is a bit low. A $700 dollar lease opens the door to a lot of vehicles.

60% ~ $466.67
65% ~ $408.3
70% ~ $350.0

I am not familiar with lease but I am trying to give everyone an idea how much 5% residual value difference means for monthly payment. I looked at a 2005 BMW 325ci and the residual value is nowhere nearly as low as 50%. It is closer to 74%, KBB current value of 26,000 vs. 35,000 new. Of course the residual value is arbitrary to what BMW NA wants it to be but I think a $700 dollar lease will kill BMW's sales goal for 1 series. There is no doubt about that.
Agreed. 700's, even 600's, for monthly payments on a 135i will greatly hinder the sales of this car. As mentioned earlier, this is the "affordable" bmw, aka entry model.

I anticipate 450-550 for the 135i.
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      11-07-2007, 08:37 AM   #15
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The 135i will be affordable in comparison to a Cayman, but if you want the least expensive BMW look elsewhere. The 128i is the so called affordable BMW.
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      11-11-2007, 06:59 PM   #16
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$600-$700/mo for a 3 yr lease is ridiculous IMO, you can buy the car and finance at those prices.
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      11-11-2007, 07:14 PM   #17
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Quote:
Originally Posted by grg View Post
I anticipate 450-550 for the 135i.
It all depends on the MF. For comparative purposes, in late 2006, if you went a BMW dealership looking at Z4s, the difference between the leases for a roadster and coupe ended up being 300 dollar (~500 for the Roadster, a little less than 800 for the coupe). Dont be surprised if the first year leases are indeed around 600-700.
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