September Lease Rates

daveh85 · 09-01-2013, 12:05 PM

Are people expecting these to be better, worse or no different to the August numbers? I'm guessing they'll be released tomorrow or the 3rd?

I ask because my car is at the dealer and I can either get it now (August) or wait for September numbers.

Thanks in advance.

328AL · 09-01-2013, 12:17 PM

Quote:

Originally Posted by daveh85

Are people expecting these to be better, worse or no different to the August numbers? I'm guessing they'll be released tomorrow or the 3rd?

I ask because my car is at the dealer and I can either get it now (August) or wait for September numbers.

Thanks in advance.

If you're locked in for your August rates, I'd wait. Is it a lease or purchase? Residuals may change as well.

daveh85 · 09-01-2013, 12:41 PM

This is a lease, so looking for the best possible rates. Not locked into anything.

bavarianboar · 09-01-2013, 01:36 PM

From my little observation, 2013s have sold quite well with the incentives on.

The residuals for the 2014 will hopefully improve in September, I really hope! My car is coming sometime in October. I guess you will know in a couple of days!

328AL · 09-01-2013, 01:51 PM

Quote:

Originally Posted by daveh85

This is a lease, so looking for the best possible rates. Not locked into anything.

If you are not locked, then if the rates and residuals get worse in September, you will have to pay more.

328AL · 09-01-2013, 01:52 PM

Quote:

Originally Posted by bavarianboar

From my little observation, 2013s have sold quite well with the incentives on.

The residuals for the 2014 will hopefully improve in September, I really hope! My car is coming sometime in October. I guess you will know in a couple of days!

I'm in the same boat, but I'm locked for 90 days. So, if it gets better between now and October, I can take advantage of it.

bavarianboar · 09-01-2013, 05:45 PM

Quote:

Originally Posted by 328AL

If you are not locked, then if the rates and residuals get worse in September, you will have to pay more.

Is it possible to be not locked in? I thought you get the rates by default locked in when you place an order. Correct me if there is an additional step somewhere.

328AL · 09-01-2013, 06:29 PM

Quote:

Originally Posted by bavarianboar

Is it possible to be not locked in? I thought you get the rates by default locked in when you place an order. Correct me if there is an additional step somewhere.

That's what I though and asked about, however, if you buy cash you don't need it. In my case SA ran my credit app and locked MF and residual for 90 days. I suppose some people don't care and will take a deal whatever is current.

Dealers, can packet your deposit and sell your car if you decide not to buy it for any reason.

JasonX4MComp · 09-02-2013, 08:47 AM

Quote:

Originally Posted by bavarianboar

Is it possible to be not locked in? I thought you get the rates by default locked in when you place an order. Correct me if there is an additional step somewhere.

The dealer has to call you into BMWFS for an approval on rates for you to be locked in. Placing an order for a car doesn't do that

JasonX4MComp · 09-02-2013, 08:48 AM

Quote:

Originally Posted by daveh85

Are people expecting these to be better, worse or no different to the August numbers? I'm guessing they'll be released tomorrow or the 3rd?

I ask because my car is at the dealer and I can either get it now (August) or wait for September numbers.

Thanks in advance.

August rates are good through the 3rd so Sept rates will be out on the 4th.

daveh85 · 09-02-2013, 11:07 AM

Thanks all. I guess I'll wait till the 4th to see what the new ones are.

The J-Man · 09-02-2013, 10:29 PM

Quote:

Originally Posted by Jason335iMsport

The dealer has to call you into BMWFS for an approval on rates for you to be locked in. Placing an order for a car doesn't do that

Aren't you locked in after your credit app is approved? Or does the dealer need to go through an additional step?

daveh85 · 09-02-2013, 10:31 PM

It was said to me that I'm quazi locked into the rates when ordering the car, but can use the latest at the time of pickup assuming they are better. Will know tomorrow I guess.

328AL · 09-02-2013, 11:50 PM

Quote:

Originally Posted by daveh85

It was said to me that I'm quazi locked into the rates when ordering the car, but can use the latest at the time of pickup assuming they are better. Will know tomorrow I guess.

I think it's pretty simple, you're either locked or not. Once you're locked you can re-lock them if they improve, which I hope happens for everybody's sake.

Let us know as soon as you find out, they do differ based on individual models though.

JasonX4MComp · 09-03-2013, 01:00 AM

Quote:

Originally Posted by The J-Man

Aren't you locked in after your credit app is approved? Or does the dealer need to go through an additional step?

Correct, that's what I was saying. A credit app needs to be called in for an approval

markmatthews · 09-03-2013, 05:48 PM

Does anybody know when the 435 will actually hit showroom floor? Can't seem to find this info anywhere

mntbiker · 09-03-2013, 08:51 PM

Quote:

Originally Posted by markmatthews

Does anybody know when the 435 will actually hit showroom floor? Can't seem to find this info anywhere

Nobody really knows for sure, but my guess is Oct 1st +/- 1 week.

snelldogg · 09-04-2013, 09:09 AM

Who will be the first to post Sept Rates?

ssedha · 09-04-2013, 09:41 AM

Looks like the Residuals have dropped. From the BMW website, for the sample 335, I got 58% for the 10k/yr. Subtract 1% for 12k (57%) and then 2% for 15k (55%). Does that seem right?

328AL · 09-04-2013, 09:47 AM

Quote:

Originally Posted by ssedha

Looks like the Residuals have dropped. From the BMW website, for the sample 335, I got 58% for the 10k/yr. Subtract 1% for 12k (57%) and then 2% for 15k (55%). Does that seem right?

2013 or 2014?

mntbiker · 09-04-2013, 09:52 AM

Quote:

Originally Posted by 328AL

2013 or 2014?

I assume this was for 2013 since there are no lease offers for 2014 F30/F32 cars to compute the residuals from.

328AL · 09-04-2013, 09:56 AM

Quote:

Originally Posted by mntbiker

I assume this was for 2013 since there are no lease offers for 2014 F30/F32 cars to compute the residuals from.

Ok, looks like BMW prefers to sell now rather than lease.

09-01-2013, 12:05 PM	#1
daveh85 Enlisted Member 7 Rep 40 Posts Drives: 2018 M550 Join Date: Dec 2007 Location: Woodinville, WA iTrader: (0)	September Lease Rates Are people expecting these to be better, worse or no different to the August numbers? I'm guessing they'll be released tomorrow or the 3rd? I ask because my car is at the dealer and I can either get it now (August) or wait for September numbers. Thanks in advance.
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09-01-2013, 12:41 PM	#3
daveh85 Enlisted Member 7 Rep 40 Posts Drives: 2018 M550 Join Date: Dec 2007 Location: Woodinville, WA iTrader: (0)	This is a lease, so looking for the best possible rates. Not locked into anything.
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09-01-2013, 01:36 PM	#4
bavarianboar Lieutenant Colonel 332 Rep 1,771 Posts Drives: 2020 540i, 2020 430i Join Date: Mar 2010 Location: NorCal iTrader: (0)	From my little observation, 2013s have sold quite well with the incentives on. The residuals for the 2014 will hopefully improve in September, I really hope! My car is coming sometime in October. I guess you will know in a couple of days! __________________ Driving: 2020 540i M-Sport Carbon Black, Ivory Nappa - Dec 2019 BTO - Feb 2020 Delivery Returned: 2016 535i M-Sport Carbon Black, Ivory Nappa :: 2014 F30 335i M-Sport Min Grey, Coral Red :: 2011 E90 328i Deep Sea Blue, Oyster Dakota
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09-02-2013, 11:07 AM	#11
daveh85 Enlisted Member 7 Rep 40 Posts Drives: 2018 M550 Join Date: Dec 2007 Location: Woodinville, WA iTrader: (0)	Thanks all. I guess I'll wait till the 4th to see what the new ones are.
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09-02-2013, 10:31 PM	#13
daveh85 Enlisted Member 7 Rep 40 Posts Drives: 2018 M550 Join Date: Dec 2007 Location: Woodinville, WA iTrader: (0)	It was said to me that I'm quazi locked into the rates when ordering the car, but can use the latest at the time of pickup assuming they are better. Will know tomorrow I guess.
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09-03-2013, 05:48 PM	#16
markmatthews Private 3 Rep 89 Posts Drives: LS3 Z51 MZ6 Join Date: Jun 2013 Location: Socal iTrader: (0)	Does anybody know when the 435 will actually hit showroom floor? Can't seem to find this info anywhere
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09-04-2013, 09:09 AM	#18
snelldogg First Lieutenant 104 Rep 364 Posts Drives: New to the stable. G87 BG, 6MT Join Date: Sep 2007 Location: NJ iTrader: (0)	Who will be the first to post Sept Rates? __________________ ED Pickup 9/14: 2014 335msport, MG, Black Leather, Tech, DHP, MSport Brakes, 6mt, Borla S Type 2023 G87 BG, 6MT, Bi Color, Red Calipers
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09-04-2013, 09:41 AM	#19
ssedha First Lieutenant 22 Rep 353 Posts Drives: Uber / Lyft / CTA Join Date: May 2011 Location: Chicago, IL iTrader: (0)	Looks like the Residuals have dropped. From the BMW website, for the sample 335, I got 58% for the 10k/yr. Subtract 1% for 12k (57%) and then 2% for 15k (55%). Does that seem right?
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