BMW Lease Rates - June 2008

BMW Financial Services Lease Programs – June 2008

Special bank lease programs for these models are available through independent leasing source LeaseCompare.com. Click on the vehicle name for more information and to see payments details.

2008 BMW 128i Coupe
24 Month – Residual 75% of MSRP – .00263 Base Rate
36 Month – Residual 61% of MSRP – .00263 Base Rate
48 Month – Residual 49% of MSRP – .00263 Base Rate
60 Month – Residual 40% of MSRP – .00263 Base Rate

2008 BMW 128i Convertible
24 Month – Residual 73% of MSRP – .00263 Base Rate
36 Month – Residual 60% of MSRP – .00263 Base Rate
48 Month – Residual 47% of MSRP – .00263 Base Rate
60 Month – Residual 38% of MSRP – .00263 Base Rate

2008 BMW 135i Coupe
24 Month – Residual 70% of MSRP – .00263 Base Rate
36 Month – Residual 57% of MSRP – .00263 Base Rate
48 Month – Residual 46% of MSRP – .00263 Base Rate
60 Month – Residual 38% of MSRP – .00263 Base Rate

2008 BMW 135i Convertible
24 Month – Residual 72% of MSRP – .00263 Base Rate
36 Month – Residual 59% of MSRP – .00263 Base Rate
48 Month – Residual 46% of MSRP – .00263 Base Rate
60 Month – Residual 37% of MSRP – .00263 Base Rate

2008 BMW 328Ci Coupe
24 Month – Residual 65% of MSRP – .00185 Base Rate
36 Month – Residual 55% of MSRP – .00185 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 32% of MSRP – .00263 Base Rate

2008 BMW 328xi Coupe
24 Month – Residual 65% of MSRP – .00185 Base Rate
36 Month – Residual 55% of MSRP – .00185 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 328i Sedan
24 Month – Residual 66% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00165 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 328xi Sedan
24 Month – Residual 66% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00165 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 328i Wagon
24 Month – Residual 64% of MSRP – .00235 Base Rate
36 Month – Residual 54% of MSRP – .00235 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 Base Rate

2008 BMW 328xi Wagon
24 Month – Residual 64% of MSRP – .00235 Base Rate
36 Month – Residual 54% of MSRP – .00235 Base Rate
48 Month – Residual 38% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 Base Rate

2008 BMW 328i Convertible
24 Month – Residual 68% of MSRP – .00230 Base Rate
36 Month – Residual 56% of MSRP – .00230 Base Rate
48 Month – Residual 44% of MSRP – .00263 Base Rate
60 Month – Residual 35% of MSRP – .00263 Base Rate

2008 BMW 335i Coupe
24 Month – Residual 64% of MSRP – .00210 Base Rate
36 Month – Residual 54% of MSRP – .00210 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 32% of MSRP – .00263 Base Rate

2008 BMW 335xi Coupe
24 Month – Residual 64% of MSRP – .00210 Base Rate
36 Month – Residual 54% of MSRP – .00210 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 335i Sedan
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 40% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW 335xi Sedan
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 34% of MSRP – .00263 Base Rate

2008 BMW 335i Convertible
24 Month – Residual 65% of MSRP – .00215 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW M3 Coupe
24 Month – Residual 61% of MSRP – .00263 Base Rate
36 Month – Residual 51% of MSRP – .00263 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 33% of MSRP – .00263 Base Rate

2008 BMW M3 Sedan
24 Month – Residual 64% of MSRP – .00263 Base Rate
36 Month – Residual 53% of MSRP – .00263 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 34% of MSRP – .00263 Base Rate

2008 BMW M3 Convertible
24 Month – Residual 58% of MSRP – .00263 Base Rate
36 Month – Residual 49% of MSRP – .00263 Base Rate
48 Month – Residual 39% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 Base Rate

2008 BMW 528i Sedan
24 Month – Residual 67% of MSRP – .00220 Base Rate
36 Month – Residual 55% of MSRP – .00220 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 Base Rate

2008 BMW 528xi Sedan
24 Month – Residual 66% of MSRP – .00220 Base Rate
36 Month – Residual 55% of MSRP – .00220 Base Rate
48 Month – Residual 36% of MSRP – .00263 Base Rate
60 Month – Residual 29% of MSRP – .00263 Base Rate

2008 BMW 535i Sedan
24 Month – Residual 66% of MSRP – .00200 Base Rate
36 Month – Residual 55% of MSRP – .00200 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 Base Rate

2008 BMW 535xi Sedan
24 Month – Residual 65% of MSRP – .00200 Base Rate
36 Month – Residual 55% of MSRP – .00200 Base Rate
48 Month – Residual 36% of MSRP – .00263 Base Rate
60 Month – Residual 29% of MSRP – .00263 Base Rate

2008 BMW 535xi Wagon
24 Month – Residual 65% of MSRP – .00200 Base Rate
36 Month – Residual 55% of MSRP – .00200 Base Rate
48 Month – Residual 31% of MSRP – .00263 Base Rate
60 Month – Residual 25% of MSRP – .00263 Base Rate

2008 BMW 550i Sedan
24 Month – Residual 65% of MSRP – .00220 Base Rate
36 Month – Residual 55% of MSRP – .00220 Base Rate
48 Month – Residual 31% of MSRP – .00263 Base Rate
60 Month – Residual 24% of MSRP – .00263 Base Rate

2008 BMW M5 Sedan
24 Month – Residual 68% of MSRP – .00263 Base Rate
36 Month – Residual 55% of MSRP – .00263 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 Base Rate

2008 BMW 650Ci Coupe
24 Month – Residual 66% of MSRP – .00195 Base Rate
36 Month – Residual 56% of MSRP – .00195 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 Base Rate

2008 BMW 650CiC Convertible
24 Month – Residual 68% of MSRP – .00195 Base Rate
36 Month – Residual 58% of MSRP – .00195 Base Rate
48 Month – Residual 38% of MSRP – .00263 Base Rate
60 Month – Residual 31% of MSRP – .00263 Base Rate

2008 BMW M6 Coupe
24 Month – Residual 69% of MSRP – .00250 Base Rate
36 Month – Residual 58% of MSRP – .00250 Base Rate
48 Month – Residual 43% of MSRP – .00263 Base Rate
60 Month – Residual 35% of MSRP – .00263 Base Rate

2008 BMW M6 Convertible
24 Month – Residual 69% of MSRP – .00250 Base Rate
36 Month – Residual 58% of MSRP – .00250 Base Rate
48 Month – Residual 43% of MSRP – .00263 Base Rate
60 Month – Residual 35% of MSRP – .00263 Base Rate

2008 BMW 750i Sedan
24 Month – Residual 64% of MSRP – .00190 Base Rate
36 Month – Residual 54% of MSRP – .00190 Base Rate
48 Month – Residual 31% of MSRP – .00263 Base Rate
60 Month – Residual 25% of MSRP – .00263 Base Rate

2008 BMW 750Li Sedan
24 Month – Residual 64% of MSRP – .00190 Base Rate
36 Month – Residual 54% of MSRP – .00190 Base Rate
48 Month – Residual 31% of MSRP – .00263 Base Rate
60 Month – Residual 25% of MSRP – .00263 Base Rate

2008 BMW 760Li Sedan
24 Month – Residual 51% of MSRP – .00190 Base Rate
36 Month – Residual 41% of MSRP – .00190 Base Rate
48 Month – Residual 28% of MSRP – .00263 Base Rate
60 Month – Residual 23% of MSRP – .00263 Base Rate

2008 BMW Alpina B7 Sedan
24 Month – Residual 54% of MSRP – .00190 Base Rate
36 Month – Residual 44% of MSRP – .00190 Base Rate
48 Month – Residual 33% of MSRP – .00263 Base Rate
60 Month – Residual 27% of MSRP – .00263 Base Rate

2008 BMW X3 3.0si 4WD SUV
24 Month – Residual 72% of MSRP – .00240 Base Rate
36 Month – Residual 62% of MSRP – .00240 Base Rate
48 Month – Residual 36% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 Base Rate

2008 BMW X5 3.0si 4WD SUV
24 Month – Residual 63% of MSRP – .00240 Base Rate
36 Month – Residual 53% of MSRP – .00240 Base Rate
48 Month – Residual 42% of MSRP – .00263 Base Rate
60 Month – Residual 35% of MSRP – .00263 Base Rate

2008 BMW X5 4.8i 4WD SUV
24 Month – Residual 65% of MSRP – .00215 Base Rate
36 Month – Residual 55% of MSRP – .00215 Base Rate
48 Month – Residual 36% of MSRP – .00263 Base Rate
60 Month – Residual 29% of MSRP – .00263 Base Rate

2008 BMW X6 xDrive35i Wagon
24 Month – Residual 62% of MSRP – .00263 Base Rate
36 Month – Residual 51% of MSRP – .00263 Base Rate
48 Month – Residual 41% of MSRP – .00263 Base Rate
60 Month – Residual 34% of MSRP – .00263 Base Rate
2008 BMW Z4 3.0si Coupe
24 Month – Residual 61% of MSRP – .00190 Base Rate
36 Month – Residual 51% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00263 Base Rate
60 Month – Residual 27% of MSRP – .00263 Base Rate

2008 BMW Z4 3.0i Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 35% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 Base Rate

2008 BMW Z4 3.0si Convertible
24 Month – Residual 70% of MSRP – .00200 Base Rate
36 Month – Residual 60% of MSRP – .00200 Base Rate
48 Month – Residual 34% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 Base Rate

2008 BMW Z4 M Coupe
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 35% of MSRP – .00263 Base Rate
60 Month – Residual 28% of MSRP – .00263 Base Rate

2008 BMW Z4 M Convertible
24 Month – Residual 66% of MSRP – .00190 Base Rate
36 Month – Residual 56% of MSRP – .00190 Base Rate
48 Month – Residual 37% of MSRP – .00263 Base Rate
60 Month – Residual 30% of MSRP – .00263 Base Rate

Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms

Compare Lease Payments for Used BMW Models HERE

Use the following formula to calculate a lease payment:

(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Money Factor = Interest
Depreciation + Interest = Base Monthly Payment

NOTE: These lease programs are provided by dealer partners of LeaseCompare.com and are for reference only. Rates may vary by region. Your dealer has the option of offering you a higher rate. To make sure you are getting the best lease, compare these rates through an independent leasing source such as LeaseCompare.com.

Here is a great online publication about leasing: Auto Lease Insider.

Looks like most MF's dropped by .0001 except for 1 series which went up..good news I'm sure for many here

And those are available if you put one security deposit upfront, right ? if not, .00015 up ?

Originally Posted by x-fibre

And those are available if you put one security deposit upfront, right ? if not, .00015 up ?

They are available if your dealer is willing to make them available to you, if you aren't a hardass then you will receive a MF .0004 higher than the posted rates.

SD waiver has the rate adder yes

this is pretty good news for me. finaly getting rid of my car in the next 2 weeks and i have been trying to work out a 328xi lease but trade in was getting me killed. so i didnt lock May rates, and June MF is better so i am ending up ahead now. wonder if the trend will continue... since 09s will be coming in and they will look to move the 08s.

It will be interesting to see what happens to BMW sales this summer. I am seeing some very aggressive lease deals from Infiniti (e.g 350 a month for a G35 with AWD and NAV).

Originally Posted by adgrant

It will be interesting to see what happens to BMW sales this summer. I am seeing some very aggressive lease deals from Infiniti (e.g 350 a month for a G35 with AWD and NAV).

Upto $3K down is required upfront though. You're really talking about $484/mo.

Originally Posted by edizon

Upto $3K down is required upfront though. You're really talking about $484/mo.

The Ad I saw indicated $0 upfront but even $484 is quite a bit cheaper than a loaded 335xi will cost.

I read somewhere that BMW was redirecting cars to other markets. These changes in their lease terms may be related to that.

I was just told from the dealer the following (worse) money factors:
for a 36 and 48 month term, .00265

Above it states .00210 (for 36) and .00263 (for 48)

Is my dealer BSing me? Can these money factors be negotiated down?

this is for a 335i coupe by the way

yeah he is bulding in his profit. Dealers are allowed to increase up to 0.00040 on top of the buy rate above. you can negotiate i down to the buy rate if they are taking a profit somewhere else.
looks like he is willing to deal on the 48 month as he has only increased 0.00002 to the money factor.

Is it me or the residual has gone down? I thought it used to be in the 60's for 36 months? Even for 12k miles for 36 months.
Is it because we are coming to the end of the 08 model year?

Cheers

Nick

yes it went down in some models.
I assume thats the reason which is making me think that it might not be a bad idea to wait a little longer as they will be trying to get leftover 08s out of the lots. but who knows.

Originally Posted by nickg5

Is it me or the residual has gone down? I thought it used to be in the 60's for 36 months? Even for 12k miles for 36 months.
Is it because we are coming to the end of the 08 model year?

Cheers

Nick

Search and you will find plenty of discussion on this topic. BMW lost a lot of money because they inflated residuals so now they lowered them to be more in line with what the cars are worth at auction. The consensus seems to be that the fact that we are coming to the end of the model year has little to do with the decrease in residuals.

I was quoted the same rate (.00265) by a dealer here in the SF Bay Area, saying that this was the buy rate with no markup. (36 months, 135i coupe, 15k miles)

Originally Posted by berkeley223

I was just told from the dealer the following (worse) money factors:
for a 36 and 48 month term, .00265

Above it states .00210 (for 36) and .00263 (for 48)

Is my dealer BSing me? Can these money factors be negotiated down?

this is for a 335i coupe by the way

I think your dealers are doing full MF markup (0.0004) over the base rate. Right now FL and SoCal dealers are doing badly. The 335 is one of their best selling car and they will squeeze out the MOST from any buyer of these cars.

Originally Posted by loremipsum

I was quoted the same rate (.00265) by a dealer here in the SF Bay Area, saying that this was the buy rate with no markup. (36 months, 135i coupe, 15k miles)

Well, if you look at the first post the buy rate for your car (135i coupe) is 0.00263. Considering that the dealers are allowed to markup the money factor by 4 points it is pretty obvious he is trying to BS you. He could mark that money factor up all the way to .00267 but the buy rate is still .00263.

Originally Posted by BMWFanboy

Considering that the dealers are allowed to markup the money factor by 4 points it is pretty obvious he is trying to BS you. He could mark that money factor up all the way to .00267 but the buy rate is still .00263.

Watch where you put that decimal point. If the buy rate is .00263, a dealer is permitted to mark that all the way up to .00303, not .00267.

For the poster who asked, though, you most certainly can (and should) negotiate the MF back down to the buy rate, which is what LeaseCompare (Tarry) has posted above.

Hi Tarry - the MFs, residuals, etc.. on the LeaseCompare site do not match this posting - How would we get access to these lease rates?

Originally Posted by JSluss

Hi Tarry - the MFs, residuals, etc.. on the LeaseCompare site do not match this posting - How would we get access to these lease rates?

BMW Financial Services Lease Programs – June 2008

I wonder if the rates have changed for July?

I was quoted the following for an M3 sedan:

36 month lease
18k miles per year
No cap cost reduction

Residual: 56%
Money factor: 0.00292

Based on my read of this forum, it sounds like they are playing games.

Thoughts on this?

That math is totally wrong - the residual should be closer to 50% on 18k/year. Also are jacking up your MF. You should run the math yourself to see if that's helping or hurting, but basically they are being generous on the residual, but ripping you on MF - and that may be better than being accurate on residual and MF.

Originally Posted by peeti

That math is totally wrong - the residual should be closer to 50% on 18k/year.

There are no residuals for 18k/yr, you pay miles up front over 15k

This is very helpful.

OK, so what is the residual on 15k miles per year for 36 months?

I am also now talking with someone about a 39 month lease (BMW seems hot on this, he tells me). What is the residual on 15k per year for 39 months?

And finally, I assume that I pre**** the additional 3k miles per year at .15 per?

Thanks!

Hi guys,
Could anybody post a helpful site that explains the formula and how to use these factors?
Thanks

Originally Posted by thr61

This is very helpful.

OK, so what is the residual on 15k miles per year for 36 months?

And finally, I assume that I pre**** the additional 3k miles per year at .15 per?

The residuals are in the original post, the chart, above. For the M3 sedan, it's 53%, with a base money factor of .00263.

I don't think a dealer can change the residual to 56%. If I'm not mistaken, BMW FS sets them, and they are what they are - period. They can mark up the money factor, if they choose, but that's negotiable, and you can and should insist on getting the "buy" rate or base money factor. For the M3 sedan, the base money factor is .00263, and they can mark it up as much as .0004, to .00303.

I don't know, offhand, what additional miles cost for the M3, but for my 330i, it's 20 cents a mile, and it's certainly not going to be less for a car that's 50% more expensive. I'll bet it's somewhere between 20-30 cents a mile for the M3.