Lease maintenance question

jzcrna · 02-17-2012, 06:52 AM

Hey guys If I chose to go 36/60000, what maintenance should I expect during that gap? Any potential issues?

I will probably stay with the 30/50,000 but I just wanted to make sure.

justinnum1 · 02-17-2012, 06:55 AM

your going to be uncovered for the last 10,000 miles...risky

jzcrna · 02-17-2012, 06:57 AM

I know. It would be terrible to pay thousands of dollars for some repairs or maintenance when I won't even own the car. I don't remember it being all that much cheaper either.

Did I mention, I really don't want to pine over lease calculations again? haha.

CE750Jockey · 02-17-2012, 07:59 AM

Admittedly, I come from a different manufacturer's background (Toyota), but I have to believe that a "normal" maintenance schedule should easily provide you with adequate insurance. A maintenance-free 60,000 miles should be NO problem for a new BMW.

bmw-nj · 02-17-2012, 08:32 AM

Quote:

Originally Posted by CE750Jockey

Admittedly, I come from a different manufacturer's background (Toyota), but I have to believe that a "normal" maintenance schedule should easily provide you with adequate insurance. A maintenance-free 60,000 miles should be NO problem for a new BMW.

That's not necessarily true. Look at the last 335 and how many problems occurred early on with it. I wouldn't take the chance. Do a 30 month lease if that what it takes to stay under 50k.

svache · 02-17-2012, 02:52 PM

Can you not ask for the extended warranty? I believe it's a couple of thousand dollar for 2 year/20K miles extra. It would take away some of the risk.. sure it's still a few thousand but it could potentially save a lot too.

But, then again, I have no idea if you can do this while under a lease, they did offer me this as an option if I were to keep my car after my lease.

nasa60 · 02-22-2012, 12:19 PM

Quote:

Originally Posted by jzcrna

Hey guys If I chose to go 36/60000, what maintenance should I expect during that gap? Any potential issues?

I will probably stay with the 30/50,000 but I just wanted to make sure.

Are you saying you might lease 3 years at 20k miles per year?

jzcrna · 02-22-2012, 12:37 PM

Quote:

Originally Posted by nasa60

Are you saying you might lease 3 years at 20k miles per year?

yes.

nasa60 · 02-22-2012, 04:43 PM

Quote:

Originally Posted by jzcrna

yes.

I've never heard of anyone leasing a car at 20k miles per year. What kind of a residual are you getting?

Sy546 · 02-22-2012, 04:49 PM

your car most likely not have a huge problem in those 6 months. Nothing that will equal paying the premium to do a 20k/year 30 month lease.

Yes the 335 had problems but the biggest issue (HPFP) is covered for 100k miles. So no worries there.

jzcrna · 02-22-2012, 05:10 PM

Quote:

Originally Posted by nasa60

I've never heard of anyone leasing a car at 20k miles per year. What kind of a residual are you getting?

63%

I trade cars often and put a lot of miles on, so with a depreciating asset, this seems like a prudent way to go based on my history

nasa60 · 02-24-2012, 01:35 PM

Quote:

Originally Posted by jzcrna

63%

I trade cars often and put a lot of miles on, so with a depreciating asset, this seems like a prudent way to go based on my history

What company are you leasing through that is giving you that good of a residual for 20k miles per year? BMWFS is only doing a 62% residual for 15k miles on the 2012 3 series.

jzcrna · 02-24-2012, 02:44 PM

Quote:

Originally Posted by nasa60

Quote:

Originally Posted by jzcrna

63%

I trade cars often and put a lot of miles on, so with a depreciating asset, this seems like a prudent way to go based on my history

What company are you leasing through that is giving you that good of a residual for 20k miles per year? BMWFS is only doing a 62% residual for 15k miles on the 2012 3 series.

you are right, I'm waiting for final figures, because I dont think that my CA properly counted the extra mileage, unless he is giving me 15000 miles for the last 1/2 year LOL

nasa60 · 02-24-2012, 02:48 PM

Quote:

Originally Posted by jzcrna

you are right, I'm waiting for final figures, because I dont think that my CA properly counted the extra mileage, unless he is giving me 15000 miles for the last 1/2 year LOL

Probably .15 cents per mile over the 15k. I saw in another thread you are using a dealer in Atlanta. By chance is it Adrian out of South Atlanta BMW?

jzcrna · 02-24-2012, 03:11 PM

Quote:

Originally Posted by nasa60

Quote:

Originally Posted by jzcrna

you are right, I'm waiting for final figures, because I dont think that my CA properly counted the extra mileage, unless he is giving me 15000 miles for the last 1/2 year LOL

Probably .15 cents per mile over the 15k. I saw in another thread you are using a dealer in Atlanta. By chance is it Adrian out of South Atlanta BMW?

yes

nasa60 · 02-24-2012, 03:23 PM

Quote:

Originally Posted by jzcrna

yes

Great guy. I'm in Alabama and ordered a 530i from him back in 2006. That was when he was still at Nalley. He gave me a quote on ordering a 2012 335i this week. My M3 lease is up in 2 months and I'm trying to decide whether to buy it or turn it in. I love it but damn the price of gas just keeps going up and I'm only getting 13 mpg.

jzcrna · 02-24-2012, 04:12 PM

Quote:

Originally Posted by nasa60

Quote:

Originally Posted by jzcrna

yes

Great guy. I'm in Alabama and ordered a 530i from him back in 2006. That was when he was still at Nalley. He gave me a quote on ordering a 2012 335i this week. My M3 lease is up in 2 months and I'm trying to decide whether to buy it or turn it in. I love it but damn the price of gas just keeps going up and I'm only getting 13 mpg.

right. I guess it depends on how much you drive as well. my 335i is a daily driver. A used 2011 550i crossed my mind, but I actually did not care for the drive and gas would be outrageous as I put on 60 miles a day to and from work.

The F30 is the 335i that I wish was there when I bought my E90 335i

nasa60 · 02-24-2012, 05:00 PM

Quote:

Originally Posted by jzcrna

right. I guess it depends on how much you drive as well. my 335i is a daily driver. A used 2011 550i crossed my mind, but I actually did not care for the drive and gas would be outrageous as I put on 60 miles a day to and from work.

The F30 is the 335i that I wish was there when I bought my E90 335i

Yeh, my M is my daily driver and I do 35 miles a day for work so Im filling up every 4-5 days.

jzcrna · 02-24-2012, 07:00 PM

Quote:

Originally Posted by nasa60

Quote:

Originally Posted by jzcrna

63%

I trade cars often and put a lot of miles on, so with a depreciating asset, this seems like a prudent way to go based on my history

What company are you leasing through that is giving you that good of a residual for 20k miles per year? BMWFS is only doing a 62% residual for 15k miles on the 2012 3 series.

I just got an email re-confirming deal

MSRP 50445
Invoice 47015
sale price 48015
MF .00205 (won't go down) will do MSDs

RV=61.2% or 30914

acq fee 725 rolled into payment

payment 760ish before tax and MSDs

30/50000

nasa60 · 02-24-2012, 08:59 PM

Quote:

Originally Posted by jzcrna

I just got an email re-confirming deal

MSRP 50445
Invoice 47015
sale price 48015
MF .00205 (won't go down) will do MSDs

RV=61.2% or 30914

acq fee 725 rolled into payment

payment 760ish before tax and MSDs

30/50000

Pretty good residual for the miles. Wont find many people willing to sell an F30 for $1k over invoice right now either.

02-17-2012, 06:52 AM	#1
jzcrna Captain 167 Rep 975 Posts Drives: 2019 M2 Competition Join Date: Mar 2008 Location: NC iTrader: (0)	Lease maintenance question Hey guys If I chose to go 36/60000, what maintenance should I expect during that gap? Any potential issues? I will probably stay with the 30/50,000 but I just wanted to make sure.
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02-17-2012, 06:55 AM	#2
justinnum1 Major General 651 Rep 5,803 Posts Drives: 2018 330i Msport 6mt Join Date: Nov 2006 Location: South Florida iTrader: (0)	your going to be uncovered for the last 10,000 miles...risky __________________ F30 330i Alpine white/Coral red Msport 6MT
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02-17-2012, 06:57 AM	#3
jzcrna Captain 167 Rep 975 Posts Drives: 2019 M2 Competition Join Date: Mar 2008 Location: NC iTrader: (0)	I know. It would be terrible to pay thousands of dollars for some repairs or maintenance when I won't even own the car. I don't remember it being all that much cheaper either. Did I mention, I really don't want to pine over lease calculations again? haha.
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02-17-2012, 07:59 AM	#4
CE750Jockey First Lieutenant 77 Rep 369 Posts Drives: '19 M240 'vert 6MT Join Date: Nov 2011 Location: Midwest iTrader: (0)	Admittedly, I come from a different manufacturer's background (Toyota), but I have to believe that a "normal" maintenance schedule should easily provide you with adequate insurance. A maintenance-free 60,000 miles should be NO problem for a new BMW.
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02-17-2012, 02:52 PM	#6
svache Lieutenant Colonel 267 Rep 1,879 Posts Drives: 2012 F30 328i Join Date: Jan 2012 Location: Hawaii iTrader: (0) Garage List 2012 BMW F30 328i [5.74] 2009 BMW X5 xDrive30i [0.00] 2004 BMW M3 SMG [8.66]	Can you not ask for the extended warranty? I believe it's a couple of thousand dollar for 2 year/20K miles extra. It would take away some of the risk.. sure it's still a few thousand but it could potentially save a lot too. But, then again, I have no idea if you can do this while under a lease, they did offer me this as an option if I were to keep my car after my lease.
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02-22-2012, 04:49 PM	#10
Sy546 Captain 44 Rep 699 Posts Drives: E36 M3, E46 M3, E92 M3 Join Date: Aug 2010 Location: Long Island iTrader: (0)	your car most likely not have a huge problem in those 6 months. Nothing that will equal paying the premium to do a 20k/year 30 month lease. Yes the 335 had problems but the biggest issue (HPFP) is covered for 100k miles. So no worries there.
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