Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 1 Series / 2 Series > E82 / E88 1 Series (2008 - 2013)

E82 / E88 1 Series (2008 - 2013)
BMWs throw back to the iconic 2002, with a renewed form and function. The smallest car in BMW's line up but still packs a punch. Available in coupe or convertible, powered by either an inline 6 in the 128 or the twin turbo rocket sled 135.

Reply
 
Thread Tools Display Modes
  #1  
Old 09-16-2010, 06:18 AM
Bethesda E39's Avatar
Bethesda E39 Bethesda E39 is offline
Officially Welcomed to the 'Fest
Location: USA
 
Join Date: Sep 2008
Posts: 623
Mein Auto: BMW 1 Series
2011 128i Lease - was this a good deal?

Just thought I'd compare notes with other 1-series lessees:

2011 128i / 6MT
Base model, with:
-Sunroof ($1050)
-Heated Seats ($500).

$30,500 msrp

36 month lease
15,000mi/yr

$1500 paid at lease inception (tax, title, tags, cap cost reduction, etc)
Payments are $460/mo

The real deal for me was the fact that they took my E39 off my hands, leaving me with no negative equity at all (it was being financed - which was a bad idea from the start).

All other dealerships like Acura, Honda, etc (excluding BMW) were offering me barely black book - which would have left me paying thousands of dollars, just to get rid of my old car.
This 1-series was cheaper for me than a TSX, Accord or Civic Si!

....and yes; I realize I'll have "nothing to show for it" at the end.
That's not really important to me.
It's certaily a lot better than owning a 10-year old E39 (or rather...a 10-year old E39 "owning" me )

Last edited by Bethesda E39; 09-16-2010 at 06:25 AM.
Reply With Quote
Ads by Google
  #2  
Old 09-16-2010, 01:50 PM
noho335 noho335 is offline
Officially Welcomed to the 'Fest
Location: Los Angeles
 
Join Date: Aug 2007
Posts: 372
Mein Auto: 2011 MINI S
I don't know how to factor in your trade in but - on pure numbers - that's pretty high for a base 128 coupe. My dealership has a 135 convertible with extras with a monthly lease amount in the 400s (including tax was under $500.)
Reply With Quote
  #3  
Old 09-17-2010, 11:12 AM
pony_trekker pony_trekker is offline
Officially Welcomed to the 'Fest
Location: NY
 
Join Date: May 2003
Posts: 2,179
Mein Auto: 5
Unless your E39 was a wreck you could have sold it privately in about 5 seconds.
Reply With Quote
  #4  
Old 09-18-2010, 02:41 PM
phxflyboy phxflyboy is offline
Registered User
Location: Peoria, AZ
 
Join Date: Aug 2010
Posts: 11
Mein Auto: BMW 128i coupe, Audi Q5
Seems a little high to me also. Here's what I got:

2011 128i coupe w/Prem Package, Value Package, Auto Transmission, Satellite radio.

MSRP = $34,400.

36 month, 10,000 mile per year lease

$3600 down, $425 per month INCLUDING tax.

Plus they gave me free window tint and swapped out the hideous aluminum trim for the burled walnut at no charge.

I think I got a decent deal but who knows. Either way, I was happy with the deal and don't think I got screwed.

phxflyboy
Reply With Quote
  #5  
Old 09-18-2010, 05:29 PM
Bethesda E39's Avatar
Bethesda E39 Bethesda E39 is offline
Officially Welcomed to the 'Fest
Location: USA
 
Join Date: Sep 2008
Posts: 623
Mein Auto: BMW 1 Series
Quote:
Originally Posted by pony_trekker View Post
Unless your E39 was a wreck you could have sold it privately in about 5 seconds.
Not bloody likely.
It required about $5K of work (headlight adjusters, steering rack, thrust arms, various suspension parts, etc); AND I owed money on it. More than black book. Thousands more.

Before you rant about "how stupid" that was, bear in mind that I'm not rich, and I'm still a fairly young professional. I would rather keep my cash in the bank and finance any car I have (be it a lease or purchase). I have decent cashflow, and my rent is about 1/3 that of anyone else I know in the DC area because I share a house with roommates and refuse to pay $1800 for a tiny apartment I don't own).

Getting out of my aging, money-pit E39 was so incredibly liberating!
The fact that the dealership paid off the E39 100% was simply amazing. Any other dealership I talked to (Honda, Hyundai, Mazda, etc) wanted my car + $3000 (or more).
Reply With Quote
  #6  
Old 09-22-2010, 06:33 AM
Brando384's Avatar
Brando384 Brando384 is offline
Officially Welcomed to the 'Fest
Location: New York
 
Join Date: Apr 2010
Posts: 126
Mein Auto: '11 128i Coupe 6MT
Quote:
Originally Posted by Bethesda E39 View Post
Just thought I'd compare notes with other 1-series lessees:

2011 128i / 6MT
Base model, with:
-Sunroof ($1050)
-Heated Seats ($500).

$30,500 msrp

36 month lease
15,000mi/yr

$1500 paid at lease inception (tax, title, tags, cap cost reduction, etc)
Payments are $460/mo

The real deal for me was the fact that they took my E39 off my hands, leaving me with no negative equity at all (it was being financed - which was a bad idea from the start).

All other dealerships like Acura, Honda, etc (excluding BMW) were offering me barely black book - which would have left me paying thousands of dollars, just to get rid of my old car.
This 1-series was cheaper for me than a TSX, Accord or Civic Si!

....and yes; I realize I'll have "nothing to show for it" at the end.
That's not really important to me.
It's certaily a lot better than owning a 10-year old E39 (or rather...a 10-year old E39 "owning" me )
I just did an ED on a 128i 6mt with premium, cold weather, xenons, alarm (US MSRP 34,875, ED MSRP a little over 32k), only put down tax, title, no cap cost reduction, but opted to do Multiple Security Deposits, 12k/year and my payments are $338.

I was able to get the car at a really good price (negotiated based on European Delivery Invoice and Package/Option invoice) and the multiple security deposits save a bunch of money, too.
__________________

2011 128i ED 7.7.2010
6MT, Jet Black, Boston Black, Gray Poplar, Premium, Cold Weather, Xenons, Alarm
Dropped off in Nice 7.20.10 Took redelivery 9.1.10


2014 X1 xDrive28i ED 5.6.2013
Sapphire Black Metallic, Terra Leather, Matte Wood, Ultimate, Cold Weather, Lighting, Chrome Line Exterior
Reply With Quote
  #7  
Old 09-24-2010, 10:24 AM
amancuso's Avatar
amancuso amancuso is offline
Officially Welcomed to the 'Fest
Location: New Jersey
 
Join Date: Jun 2004
Posts: 1,415
Send a message via AIM to amancuso
Mein Auto: 128i, 330i, Z3 2.3, R56
Quote:
Originally Posted by pony_trekker View Post
Unless your E39 was a wreck you could have sold it privately in about 5 seconds.
Haha right... Mine is in mint condition, 540i, nicely optioned... Asking $7K for it and there are no takers.
__________________

Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 1 Series / 2 Series > E82 / E88 1 Series (2008 - 2013)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 09:44 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms