2015 BMW 5-Series Lease Questions

kyfdx

jk7 said:

Picked up my car yesterday
535i with Msport, Premium package and Driver assist package and a few other things
MSRP 67100
Cap Cost 59920 with 995 Acquisition rolled in
1000 Drive for team USA event.
36mo 12K
Drive off 5826
7 MSD 4200, Cap reduction 387, Licence 484, first month payment, Doc Fee 80, Tax 106 on cap reduction
585/month including 8% California tax

My calculator gave me around 577, but I wasn't about to argue about $7
Hope that helps..
Thanks for all the help in the forum.
I got it from Graeme Chapman at BMW Valencia

Nice deal. Congrats on the new BMW!

buck_rogers1

MF/Residual on a 2015 535i X-Drive 7500/36 and 2015 535d X-Drive 7500/36 for July?

Michaell

buck_rogers1 said:

MF/Residual on a 2015 535i X-Drive 7500/36 and 2015 535d X-Drive 7500/36 for July?

.00130 MF for both

535xi - 65%. $1500 buildout cash
535xd - 64%. $1500 buildout cash and $500 eco credit

zoombie99

rissen said:

I am thinking now that I might not afford a 5 series  since I am looking to be under $500/m. 
Until this dealers give me quotes I want to calculate something on a 428i gran coupe. I know this is wrong forum but 4 series one seems dead.  
Could I get MF,  RV on a 36/10 428i GC please? 
I configured one on bmw usa and come up to $52,520(m,drv asst, prem, tech, hk). 
This looks a lot more reasonable if I could get this on for invoice price - 3k down and a credit incentive I should be in the $450/m range, correct? 
Please let me know

I disagree, you can get a 528 for about $500.00 a month if you look hard and get the drive $1k credit.

rissen

Still waiting on the dealer quotes.  I contacted 3 and after a day no response back yet. I thought I would get a quote from Greg with Pacific BMW but nothing yet. 

zoombie99

what about the drive, did you check your area? You can use the coupon code at any dealer.

rissen

zoombie99 said:

what about the drive, did you check your area? You can use the coupon code at any dealer.

Does it matter what car?  I want to try a 4 GC. 

zoombie99

It will apply to that also. It doesn't hurt, do the drive.

https://www.bmwusa.com/secured/content/forms/DFTUSA.aspx

zoombie99

Taking the drive alone should reduce your payment by over $27.75 a month!

rissen

zoombie99 said:

Taking the drive alone should reduce your payment by over $27.75 a month!

I will try this weekend,  thanks 

buck_rogers1

Michaell said:

buck_rogers1 said:

MF/Residual on a 2015 535i X-Drive 7500/36 and 2015 535d X-Drive 7500/36 for July?

.00130 MF for both

535xi - 65%. $1500 buildout cash
535xd - 64%. $1500 buildout cash and $500 eco credit

Typed this before realizing there isn't a 7,500mi program - are these #'s for 10k?

Michaell

buck_rogers1 said:

Michaell said:

buck_rogers1 said:

MF/Residual on a 2015 535i X-Drive 7500/36 and 2015 535d X-Drive 7500/36 for July?

.00130 MF for both

535xi - 65%. $1500 buildout cash
535xd - 64%. $1500 buildout cash and $500 eco credit

Typed this before realizing there isn't a 7,500mi program - are these #'s for 10k?

No, I assumed a 1% bump from 10K if a 7500 mile program existed. If not, then subtract 1% from what I posted for 10K.

zoombie99

The money factor remains the same, only the residual changes based on mileage. Try to use MSDs to bring the money factor down.

buck_rogers1

thank you both

zoombie99

I worst part about leasing (or buying) a built car is waiting for it to arrive in the States. My 535x left Germany on June 30th and the boat stopped in Belgium and the UK. It is now crossing the Atlantic and the next port will be Halifax on the 13th. It will dock at Newark on the 15th and hopefully my car will be at the dealer by the 18th. Fingers crossed!


Port Country Arrival Departure

BREMERHAVEN GERMANY 28/06/2015 30/06/2015
ZEEBRUGGE BELGIUM 01/07/2015 03/07/2015
SOUTHAMPTON UNITED KINGDOM 04/07/2015 05/07/2015
HALIFAX, NS CANADA 13/07/2015 13/07/2015
NEW YORK, NY U.S.A. 15/07/2015 16/07/2015
BRUNSWICK, GA U.S.A. 20/07/2015 20/07/2015
CHARLESTON,SC U.S.A. 21/07/2015 21/07/20

jk7

Waiting is hard!! Amazing how they ship and you're able to track your car. I wonder how they transport them on the ship. If they are in a container or stacked up in the hull. 

zoombie99

I think they drive them right into the boat.

zoombie99

Here is a webcam view from the port in Germany

http://www.bremerhaven.de/webcams-from-bremerhaven/

ellisina4

Moderator, can u please double check the MF for 2015 550xi 15k miles, 36 months.   The dealer guarantees it is 0.0017 instead of what u posted 0.00130

kyfdx

ellisina4 said:

Moderator, can u please double check the MF for 2015 550xi 15k miles, 36 months.   The dealer guarantees it is 0.0017 instead of what u posted 0.00130

The base MF is .00130 for every 2015 BMW. .00170 is with maximum mark-up allowed.

zoombie99

ellisina4 said:

Moderator, can u please double check the MF for 2015 550xi 15k miles, 36 months.   The dealer guarantees it is 0.0017 instead of what u posted 0.00130

So the dealer is guarantying that it is marking up the money factor to make more money. Go to a different dealer.

dale_doback

Just confirming for 2015 535xi for July, MF is .0013 still and RV would be 63% Asking for 10K miles

Michaell

dale_doback said:

Just confirming for 2015 535xi for July, MF is .0013 still and RV would be 63% Asking for 10K miles

.00130 and 64% for 36/10 this month. $1500 buildout cash.

rissen

Just an update  
I got a Used 2012 BMW 535i all packages I was looking for and colors. Paid 32k w/ 44k miles on it. 

Not a lease and not new but at least I can afford this one . Thanks for all your help.

kyfdx

rissen said:

Just an update  
I got a Used 2012 BMW 535i all packages I was looking for and colors. Paid 32k w/ 44k miles on it. 

Not a lease and not new but at least I can afford this one . Thanks for all your help.

Congrats on the new ride!

djrabbi

Went to BMW today

Giving me a quote of $900 a month with $3000down on a MSRP of $68998 535d car with selling price of $65,854.

3yr/10k.

zoombie99

djrabbi said:

Went to BMW today

Giving me a quote of $900 a month with $3000down on a MSRP of $68998 535d car with selling price of $65,854.

3yr/10k.

Sounds like a terrible deal to me. You should be able to do MUCH better. What part of the country are you in? BMW gives you $1,500 off plus an additional $500.00 ECO credit. They are only giving you $1,000 off MSRP!

zoombie99

rissen said:

Just an update  
I got a Used 2012 BMW 535i all packages I was looking for and colors. Paid 32k w/ 44k miles on it. 

Not a lease and not new but at least I can afford this one . Thanks for all your help.

I'm glad it worked out.

zoombie99

Here is one dealer that has a 535d in NJ with a much larger discount.

http://www.flemingtonbmw.com/searchnew.aspx?make=bmw&model=5+series&bodystyle=Sedan&pricerange=60000-500000&trim=535d+xDrive

Michaell

zoombie99 said:

djrabbi said:

Went to BMW today

Giving me a quote of $900 a month with $3000down on a MSRP of $68998 535d car with selling price of $65,854.

3yr/10k.

Sounds like a terrible deal to me. You should be able to do MUCH better. What part of the country are you in? BMW gives you $1,500 off plus an additional $500.00 ECO credit. They are only giving you $1,000 off MSRP!

+1 on those comments. You should be able to secure a discount of 4-6% off sticker before applying the incentives.

Also possible that they are marking up the MF, but we don't know for sure.

DocV17

What do you guys think about this deal..

2015 BMW 528 xi
Black sapphire metallic
Black nappa
Cold weather package
Drivers assist package
Luxury line
Premium package

MSRP: 60,150
Destination: 950
Total suggested MSRP 61,600

Quoted: total cap cost 54,145 (hes including 1500 bo cash and 1000 drive event)
3 year, 15K/ year
everything rolled in (Taxes, tags), NY sales tax of 7.375%
MF: .00130
Residual 61%

$660.79

this is without any negotiation. I think its high and i think i can get the car for around 54K before the incentives are added in.

Thoughts?

zoombie99

Can you give the exact breakdown of costs that are built in (tax, tags, etc)?

DocV17

unfortunately no. I told him tax, tags, license fees rolled in, zero out of pocket.

zoombie99

We typical get all numbers itemized to use in a calculator. We can't tell if the dealer marked up the acquisition fee, added anything else and we can't confirm the interest rate.

Michaell

DocV17 said:

What do you guys think about this deal..

2015 BMW 528 xi
Black sapphire metallic
Black nappa
Cold weather package
Drivers assist package
Luxury line
Premium package

MSRP: 60,150
Destination: 950
Total suggested MSRP 61,600

Quoted: total cap cost 54,145 (hes including 1500 bo cash and 1000 drive event)
3 year, 15K/ year
everything rolled in (Taxes, tags), NY sales tax of 7.375%
MF: .00130
Residual 61%

$660.79

this is without any negotiation. I think its high and i think i can get the car for around 54K before the incentives are added in.

Thoughts?

I get $603/mo before tax and about $648/mo after. Another $400 or so of fees would take the payment right to the $661 you were quoted.

Consider using MSD to bring down the MF.

zoombie99

Consider using MSD to bring down the MF.

Unfortunately the OP lives in New York which doesn't allow MSDs.

Michaell

zoombie99 said:

Consider using MSD to bring down the MF.

Unfortunately the OP lives in New York which doesn't allow MSDs.



Ah - so true. Too many discussions, rules and exceptions to keep track of.

park5

Would the 535xi GT Residual be same as the 535xi sedan?
64% 10k/36mos and 63% 12k/36mos?

Michaell

park5 said:

Would the 535xi GT Residual be same as the 535xi sedan?
64% 10k/36mos and 63% 12k/36mos?

Same MF (.00130) but subtract 1% from the residuals. $1500 buildout cash.

jjac0413

With the info I have, does this sound like the start of a decent deal? This is the first quote they gave me, but I'd prefer a much lower monthly payment. I'm assuming the money factor and residual are what they should be since I was told they were giving me Friends and Family pricing (since I work for a large bank they partner with - but they may tell everyone that).


2015 BMW 528i
36 mo/ 12 miles/yr
msrp: 57,270
discounts off MSRP 5,790.80
$900 down includes 1st payment, tag and other fees
NC tax on purchase is 3% - but I'm not sure how that works for a lease here.

$689/month

Thank you for any opinions.

Michaell

jjac0413 said:

With the info I have, does this sound like the start of a decent deal? This is the first quote they gave me, but I'd prefer a much lower monthly payment. I'm assuming the money factor and residual are what they should be since I was told they were giving me Friends and Family pricing (since I work for a large bank they partner with - but they may tell everyone that).


2015 BMW 528i
36 mo/ 12 miles/yr
msrp: 57,270
discounts off MSRP 5,790.80
$900 down includes 1st payment, tag and other fees
NC tax on purchase is 3% - but I'm not sure how that works for a lease here.

$689/month

Thank you for any opinions.

.00130 and 63% for 36/12 on the 528i. Using your MSRP and selling price, I get $627.12/mo before tax. If the payment is taxed directly, then it's $646/mo

I'd ask the dealer what the net cap cost is .. given that you're only putting out $900 at signing and the bank fee alone is $725, I'm guessing some of those up front costs are being added into the lease.

zoombie99

That payment seems high. Can you get a itemized breakdown of the costs? Also, ask the dealer to confirm the money factor, if it is more than .00130, the dealer is marking it up.

nt76

jjac0413 said:

With the info I have, does this sound like the start of a decent deal? This is the first quote they gave me, but I'd prefer a much lower monthly payment. I'm assuming the money factor and residual are what they should be since I was told they were giving me Friends and Family pricing (since I work for a large bank they partner with - but they may tell everyone that).


2015 BMW 528i
36 mo/ 12 miles/yr
msrp: 57,270
discounts off MSRP 5,790.80
$900 down includes 1st payment, tag and other fees
NC tax on purchase is 3% - but I'm not sure how that works for a lease here.

$689/month

Thank you for any opinions.

I plugged your numbers in to leaseguide.com and get a very different payment. I get $530.9/month ($515.44 + $15.46 tax). I wonder why there is so much difference in the monthly payment that the dealer is quoting you vs. leaseguide.com? I used MF of 0.0013 and residual value 63%. Perhaps someone (moderator) can confirm my numbers, or advise what I am doing incorrect. I am also I in the market for a 5 series. Let me know if I should be using leaseguide.com to calculate payments. thanks!

kyfdx

nt76 said:

jjac0413 said:

With the info I have, does this sound like the start of a decent deal? This is the first quote they gave me, but I'd prefer a much lower monthly payment. I'm assuming the money factor and residual are what they should be since I was told they were giving me Friends and Family pricing (since I work for a large bank they partner with - but they may tell everyone that).


2015 BMW 528i
36 mo/ 12 miles/yr
msrp: 57,270
discounts off MSRP 5,790.80
$900 down includes 1st payment, tag and other fees
NC tax on purchase is 3% - but I'm not sure how that works for a lease here.

$689/month

Thank you for any opinions.

I plugged your numbers in to leaseguide.com and get a very different payment. I get $530.9/month ($515.44 + $15.46 tax). I wonder why there is so much difference in the monthly payment that the dealer is quoting you vs. leaseguide.com? I used MF of 0.0013 and residual value 63%. Perhaps someone (moderator) can confirm my numbers, or advise what I am doing incorrect. I am also I in the market for a 5 series. Let me know if I should be using leaseguide.com to calculate payments. thanks!

OP doesn't mention the CAP cost or the money factor. Also, there would be an acquisition fee. MF and acq.fee might be marked up. Not positive about tax in NC, but the 3% tax might be on the full selling price.

You can get killed on a lease, not knowing the details.

zoombie99

plugged your numbers in to leaseguide.com and get a very different payment. I get $530.9/month ($515.44 + $15.46 tax). I wonder why there is so much difference in the monthly payment that the dealer is quoting you vs. leaseguide.com? I used MF of 0.0013 and residual value 63%. Perhaps someone (moderator) can confirm my numbers, or advise what I am doing incorrect. I am also I in the market for a 5 series. Let me know if I should be using leaseguide.com to calculate payments. thanks!

I used an App called Leasematic for my IPhone and found it to be a great help and it allows me to play with the downpayment and MSDs.

Michaell

zoombie99 said:

plugged your numbers in to leaseguide.com and get a very different payment. I get $530.9/month ($515.44 + $15.46 tax). I wonder why there is so much difference in the monthly payment that the dealer is quoting you vs. leaseguide.com? I used MF of 0.0013 and residual value 63%. Perhaps someone (moderator) can confirm my numbers, or advise what I am doing incorrect. I am also I in the market for a 5 series. Let me know if I should be using leaseguide.com to calculate payments. thanks!

I used an App called Leasematic for my IPhone and found it to be a great help and it allows me to play with the downpayment and MSDs.



It's all about knowing what numbers to use. MSRP is simple - that's the bottom line number on the window sticker. MF and residual you can get from us ... .00130 is the correct (base) MF and the 36/12 residual is 63%. That leaves only the cap cost unknown. This is not always the same as the negotiated selling price - you can add in fees and taxes that increase that number (and the monthly payment).

And, as my co-host noted, the MF can be marked up to as much as .00170 by the dealer.

I use a home built spreadsheet to calculate lease payments - apps and calculators may make assumptions that affect the results.

bay_area510

Can i get the mf and residuals for a 535 gt rwd. And are the figures different for cpo elite vehicles eligible for leases? Thanks in advance.

Michaell

bay_area510 said:

Can i get the mf and residuals for a 535 gt rwd. And are the figures different for cpo elite vehicles eligible for leases? Thanks in advance.

What lease term and how many miles per year.

No information on if CPO cars can be leased, or if the numbers are different than for new cars.

bay_area510

Michaell said:

bay_area510 said:

Can i get the mf and residuals for a 535 gt rwd. And are the figures different for cpo elite vehicles eligible for leases? Thanks in advance.

What lease term and how many miles per year.

No information on if CPO cars can be leased, or if the numbers are different than for new cars.

Ok, there were a few "executive demos" in the area that are available to lease. But i'm looking for 36months and 12-15k miles.

Michaell

bay_area510 said:

Michaell said:

bay_area510 said:

Can i get the mf and residuals for a 535 gt rwd. And are the figures different for cpo elite vehicles eligible for leases? Thanks in advance.

What lease term and how many miles per year.

No information on if CPO cars can be leased, or if the numbers are different than for new cars.

Ok, there were a few "executive demos" in the area that are available to lease. But i'm looking for 36months and 12-15k miles.

.00130 and 60% for 36/15. Add 2% for 12K. $1500 buildout cash.