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2015 BMW 4-Series Lease Questions

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  • kyfdxkyfdx Posts: 31,103

    @jeffr said: Thanks for the feedback. What is the residual for a 12K a year lease for that car? (I'm assuming only that changes - and not the MF, correct?)

    Subtract 1% from the residual to go from 10K/yr to 12K/yr.

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  • zoepupzoepup Posts: 9

    Hello. Looking for residual and MF on 2015 435ix M Sport. 36 month / 15k per year Thanks!

  • MichaellMichaell ColoradoPosts: 8,085

    @zoepup said: Hello. Looking for residual and MF on 2015 435ix M Sport. 36 month / 15k per year Thanks!

    .00130 and 58%

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  • tjacob86tjacob86 Posts: 12

    if anyone can help me. looking to get a 428xi GC 15K lease msrp is 51600 have a dealer invoice for 1000. off so it is 50600, MF is .00130 Residual is 60% 725 bnk fee, doc fee 350. sales tax(7%) 1737.59. govt fees($521.50). . monthly is 665.65. NO cap cost reduction just taxes and fees upfront with monthly payment.. what do you think.

  • kyfdxkyfdx Posts: 31,103

    @tjacob86 said: if anyone can help me. looking to get a 428xi GC 15K lease msrp is 51600 have a dealer invoice for 1000. off so it is 50600, MF is .00130 Residual is 60% 725 bnk fee, doc fee 350. sales tax(7%) 1737.59. govt fees($521.50). . monthly is 665.65. NO cap cost reduction just taxes and fees upfront with monthly payment.. what do you think.

    Not sure what you mean by "dealer invoice for 1000. off". Is that the dealer discount from MSRP? If so, I get $652/mo.

    Not much of a discount, but of course, it's a brand new model. It's good that you are getting the base MF and acq.fee. Another $1000 off would net you $29/mo., pre-tax.

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  • tjacob86tjacob86 Posts: 12

    Thankyou kyfdx, he got it down to 628.52. took another 1,640 off.. question when it comes to tire warrany, is there any room to negotiate? or is it as is..

  • kyfdxkyfdx Posts: 31,103

    @tjacob86 said: Thankyou kyfdx, he got it down to 628.52. took another 1,640 off.. question when it comes to tire warrany, is there any room to negotiate? or is it as is..

    Tire warranties are dealer items, and usually marked up substantially.. They are negotiable, but rarely a good deal.

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  • tjacob86tjacob86 Posts: 12

    rarely good deal? if its 1600 for the time of the lease.. and if u pop a few tires dont u make it back .. isnt it like 500$ to replace a tire if it pop? thank u again for the advice

  • MichaellMichaell ColoradoPosts: 8,085

    @tjacob86 said: rarely good deal? if its 1600 for the time of the lease.. and if u pop a few tires dont u make it back .. isnt it like 500$ to replace a tire if it pop? thank u again for the advice

    Where do you live that you think you might pop a few tires in a 36 month lease?

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  • kyfdxkyfdx Posts: 31,103

    @tjacob86 said: rarely good deal? if its 1600 for the time of the lease.. and if u pop a few tires dont u make it back .. isnt it like 500$ to replace a tire if it pop? thank u again for the advice

    I'm 33 months into a 36 month lease on an Infiniti with 18" tires.. no pops..

    I run 35 and 40 series 18" tires on my other car (BMW), and the only tire damage I've had was a blowout on a worn-out 17" winter tire.. That's over 4 years and 45K miles.. (and that was because I didn't dodge the pothole... my fault).

    The last time I bent a rim was in 1982 on my Accord hatchback...

    Just watch where you are going.. Insurance is for expenses you can't pay yourself.. like rebuilding your house if it burns down, or running into that Mercedes and totalling your BMW... Not for tires and wheels. That just buys the guy at the BMW dealership a bigger boat.

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  • tjacob86tjacob86 Posts: 12

    nj/nyc.. i have an AUDI A4 with s line packageing 18s' went through 3 tires last year.. maybe reckless driving.. .. life of lease maybe 5 tires... in 36.. so are you saying its never a smart buy? can u give me quote on 10K miles for 428 xi GC. please advice: im thinking about getting the lease for 10 k miles and then buying miles later, smart move? please advice: how do u calculate tax on a lease if im paying it upfront it is based on the residual value / msrp/final price?

  • MichaellMichaell ColoradoPosts: 8,085

    @tjacob86 said: nj/nyc.. i have an AUDI A4 with s line packageing 18s' went through 3 tires last year.. maybe reckless driving.. .. life of lease maybe 5 tires... in 36.. so are you saying its never a smart buy? can u give me quote on 10K miles for 428 xi GC. please advice: im thinking about getting the lease for 10 k miles and then buying miles later, smart move? please advice: how do u calculate tax on a lease if im paying it upfront it is based on the residual value / msrp/final price?

    In NY, you calculate the sales tax on the sum of the payments, which can then either be paid up front or rolled into the cap cost.

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  • ravi13ravi13 Posts: 5

    Help with European Delivery invoice price. For 2015 428i Convertible, I am getting MSRP of $48,750 and ED Invoice of $41,710. Am I close?

  • MichaellMichaell ColoradoPosts: 8,085

    @ravi13 said: Help with European Delivery invoice price. For 2015 428i Convertible, I am getting MSRP of $48,750 and ED Invoice of $41,710. Am I close?

    I'm not familiar enough with the BMW ED program to comment on your price.

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  • mnn5gtmnn5gt Posts: 1
    I'm putting in an ED order for a 2015 428i. What is the latest MF and residual on a 36 months/12k miles lease? Would the rate be different on a 39/15 lease? Thanks.
  • MichaellMichaell ColoradoPosts: 8,085

    @mnn5gt said: I'm putting in an ED order for a 2015 428i. What is the latest MF and residual on a 36 months/12k miles lease? Would the rate be different on a 39/15 lease? Thanks.

    Base MF is .00130, 36/12 RV is 62%.

    BMW does not offer 39 month leases, and anything over 36 months is prohibitively expensive.

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  • bccaputobccaputo Posts: 2

    My 435i GC xDrive shows up this week, and I'm still trying to decide whether to lease or finance. Latest money factor and residual for 36 mo., 12k, not including the benefit of any MSD? Thanks!

  • MichaellMichaell ColoradoPosts: 8,085

    @bccaputo said: My 435i GC xDrive shows up this week, and I'm still trying to decide whether to lease or finance. Latest money factor and residual for 36 mo., 12k, not including the benefit of any MSD? Thanks!

    I'll assume this is a 2015 - .00130 MF and 62%.

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  • bccaputobccaputo Posts: 2

    Yes, 2015. Thanks Michael!

  • edmundsfan8edmundsfan8 Posts: 5
    edited September 2

    Hi Guys,

    Getting ready to lease my first car so please have patients with this newbie :) Based on reading the previous comments, I have asked for the following information from the dealer:

    1. Model: 2015 428i M Sport/Tech/DriveAssist/Premium/19"Wheels/HK/Heated Front Seats
    2. MSRP: 53,975
    3. Invoice: (Price quoted): 50,185 (wheel locks, window tint included)
    4. Money Factor: 0.00170
    5. Residual: 61%
    6. Duration/Miles: 3yr/10k
    7. Drive Off: First Payment, License Fee, $150 Documentation
    8. Acquisition Cost: 925
    9. State: Washington

    Questions:

    1. Any more information I need to get from the dealer?
    2. Based on previous comments, I think the Acquisition Cost and Money Factor are high. If so, what's a number that is reasonable to negotiate considering I am getting the car at a discount?
    3. From previous posts, I see that I shouldn't put any money down, does this hold true and if so should I leverage MSDs instead?
    4. What is the best way to calculate an estimated monthly payment with the numbers above, I got 701 with zero down including tax but I think that is low so I must be doing something wrong?
    5. Any other feedback?

    Thanks so much for your patience, guidance, and information.

  • ash4421ash4421 Posts: 5
    edited September 2

    edmundsfan8,

    kyfdx and Michaell can answer best, but I just did the math out of curiosity to see if I'm doing it correctly and I get a payment of $620.73 pretax.

    (50185 - 53975 * .61) / 36 + (50185 + 53975 * .61) * 0.0017

    MF is marked up a lot.

  • zoepupzoepup Posts: 9

    Are the September lease rates out for a 435 xdrive? Thanks!

  • @ash4421 said: edmundsfan8,

    kyfdx and Michaell can answer best, but I just did the math out of curiosity to see if I'm doing it correctly and I get a payment of $620.73 pretax.

    (50185 - 53975 * .61) / 36 + (50185 + 53975 * .61) * 0.0017

    MF is marked up a lot.

    Thanks for the response ash4421, glad I was close to the right path. Looking forward to hearing from kyfdx and Michaell about this deal.

  • robphanzrobphanz Posts: 12

    Here is the information I received from the dealer:

    MSRP: 56,425 Discount: 2,560 Sale Price: 53,865

    MSDs: 5,250 Upfront Charges: 351.63 Monthly Payment is 733.69

    Money Factor/rate .0012 Residual amount 33,855 12k miles

    Due one Delivery 6,335.32

    I feel like this is too high of a monthly payment. What do you guys think?

  • ash4421ash4421 Posts: 5

    Is it possible to haggle on special lease offers posted on BMW's website? Can or will dealers go below the special?

  • edmundsfan8edmundsfan8 Posts: 5
    edited September 4

    @kyfdx@Michaell‌ could you share your expertise on the above posts when you have a moment please?

  • robphanzrobphanz Posts: 12

    I realized that I posted in the wrong section. My post is actually for a 2014 435i xDrive

  • kyfdxkyfdx Posts: 31,103

    @edmundsfan8 said: Hi Guys,

    Getting ready to lease my first car so please have patients with this newbie :) Based on reading the previous comments, I have asked for the following information from the dealer:

    1. Model: 2015 428i M Sport/Tech/DriveAssist/Premium/19"Wheels/HK/Heated Front Seats
    2. MSRP: 53,975
    3. Invoice: (Price quoted): 50,185 (wheel locks, window tint included)
    4. Money Factor: 0.00170
    5. Residual: 61%
    6. Duration/Miles: 3yr/10k
    7. Drive Off: First Payment, License Fee, $150 Documentation
    8. Acquisition Cost: 925
    9. State: Washington

    Questions:

    1. Any more information I need to get from the dealer?
    2. Based on previous comments, I think the Acquisition Cost and Money Factor are high. If so, what's a number that is reasonable to negotiate considering I am getting the car at a discount?
    3. From previous posts, I see that I shouldn't put any money down, does this hold true and if so should I leverage MSDs instead?
    4. What is the best way to calculate an estimated monthly payment with the numbers above, I got 701 with zero down including tax but I think that is low so I must be doing something wrong?
    5. Any other feedback?

    Thanks so much for your patience, guidance, and information.

    .00129 MF and 63% residual, as of 9/03. $750 Innovation credit. I assume your quote was from last month's numbers. Your price is okay, but not with a marked-up money factor. Residual is better, this month, plus the $750 incentive, so that alone would give you a better deal.

    I calculated around $620/mo. plus tax on your old numbers, but I didn't add the acquisition fee, as it wasn't clear if you were paying that upfront. With the new residual, base money factor, adding in $725 for acq.fee, but subtracting the $750 credit, I get a payment of $558/mo.+ tax.

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  • kyfdxkyfdx Posts: 31,103

    @zoepup said: Are the September lease rates out for a 435 xdrive? Thanks!

    .00129 MF and 60% residual for 36mo, 15K/yr. 2015 model. $750 Innovation credit.

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  • kyfdxkyfdx Posts: 31,103

    @robphanz said: Here is the information I received from the dealer:

    MSRP: 56,425 Discount: 2,560 Sale Price: 53,865

    MSDs: 5,250 Upfront Charges: 351.63 Monthly Payment is 733.69

    Money Factor/rate .0012 Residual amount 33,855 12k miles

    Due one Delivery 6,335.32

    I feel like this is too high of a monthly payment. What do you guys think?

    Looks like they are marking up the money factor, before giving you the MSD MF discount..

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