2015 BMW i3 Lease Questions

kyfdx

bananaero said:

Hello,

What is the MF and Residual for 2015 i3? Are there any incentives? PA?

Thank you,

.00130 MF and 50% residual for 36mo, 15K/yr.
$7500 lease credit, $1000 option credit.

shadow2222

Thanks again.

Michaell said:

shadow2222 said:

I went to the dealer to make heads/tails of the situation, and forgot to get the cap cost!

However, they were able to get me down to a $395 payment with the same $2,000 due at signing for taxes/fees/first month payment for a 24 month term. 

With thy these seemingly aggressive discounts, it seems to be worth it even with the negative equity. After all, I currently pay $330 per month for a half-the-price Ford Focus. 

I know you can't run the numbers without the cap cost, but I might just end up taking this deal. I'll of course see if I can bring them down even the tiniest amount more.

Keep us posted, and be on the look out for any hidden fees.

I signed the deal for $390.34 a month. I feel like I got a great deal, and its all due to the tips I have learned on this forum. Thank you!

Michaell

shadow2222 said:

Thanks again.

Michaell said:

shadow2222 said:

I went to the dealer to make heads/tails of the situation, and forgot to get the cap cost!

However, they were able to get me down to a $395 payment with the same $2,000 due at signing for taxes/fees/first month payment for a 24 month term. 

With thy these seemingly aggressive discounts, it seems to be worth it even with the negative equity. After all, I currently pay $330 per month for a half-the-price Ford Focus. 

I know you can't run the numbers without the cap cost, but I might just end up taking this deal. I'll of course see if I can bring them down even the tiniest amount more.

Keep us posted, and be on the look out for any hidden fees.

I signed the deal for $390.34 a month. I feel like I got a great deal, and its all due to the tips I have learned on this forum. Thank you!

Congrats - and enjoy the new BMW.

stp5

Is it still possible to lease a leftover 2014?
 
If so, what is the residual for 24 months / 20k miles in Wisconsin? Do they still add a $4875 or $7500 leash cash rebate into the cap cost?

vanguard405

I leased an i3 REX tonight with the help of the information that I found on this website. What do you guys think?

MSRP $50,295
Negotiated price of $44,000 (12.5% off MSRP)
$7500 Fed Rebate + $1000 UDE Rebate

30months (so I can get the $2500 CA)
10K miles, 58% residual, 0.0013 MF
925 acquisition rolled in

payments came out to be $327 before tax. Once I get the CA $2500 rebate and amortize it over 30months, it will essentially bring my payment down to $273 with 9% CA tax. The key is I didnt pay any down, just my drive off of 1st month, $428 DMV, 80 doc fee, 772 rebate TAX. it's so crummy that the rebates are taxed (just like a discounted/ rebated iphone when signed with contract - anyone know if that is just a CA thing?). I considered MSD to buy down the rates and get even lower payments but I get conflicting information on what happens to the security deposit when the car is totalled.

I'm thinking I shouldve gone with 12K annual miles cause the car is pretty darn fun to drive; always stomping on the accelerator (electricity is cheap to free). Anyone know the residual for Sept at higher levels above 10K annual miles? Is it just deduct 1% per grid 10,12,15K? Was the residuals higher at the beginning of the year? It seemed to the same since May...

Thanks!

Michaell

stp5 said:

Is it still possible to lease a leftover 2014?
 
If so, what is the residual for 24 months / 20k miles in Wisconsin? Do they still add a $4875 or $7500 leash cash rebate into the cap cost?

I don't see any more 2014 lease numbers for the i3 ...

Michaell

vanguard405 said:

I leased an i3 REX tonight with the help of the information that I found on this website. What do you guys think?

MSRP $50,295
Negotiated price of $44,000 (12.5% off MSRP)
$7500 Fed Rebate + $1000 UDE Rebate

30months (so I can get the $2500 CA)
10K miles, 58% residual, 0.0013 MF
925 acquisition rolled in

payments came out to be $327 before tax. Once I get the CA $2500 rebate and amortize it over 30months, it will essentially bring my payment down to $273 with 9% CA tax. The key is I didnt pay any down, just my drive off of 1st month, $428 DMV, 80 doc fee, 772 rebate TAX. it's so crummy that the rebates are taxed (just like a discounted/ rebated iphone when signed with contract - anyone know if that is just a CA thing?). I considered MSD to buy down the rates and get even lower payments but I get conflicting information on what happens to the security deposit when the car is totalled.

I'm thinking I shouldve gone with 12K annual miles cause the car is pretty darn fun to drive; always stomping on the accelerator (electricity is cheap to free). Anyone know the residual for Sept at higher levels above 10K annual miles? Is it just deduct 1% per grid 10,12,15K? Was the residuals higher at the beginning of the year? It seemed to the same since May...

Thanks!

Subtract 1% to go from 10K to 12K; subtract 3% to go from 10K to 15K.

All rebates are subject to sales tax; it's not just a CA thing.

That seems like a lot of car for not a lot of money. Enjoy!

hshadid

Michaell said:

stp5 said:

Is it still possible to lease a leftover 2014?
 
If so, what is the residual for 24 months / 20k miles in Wisconsin? Do they still add a $4875 or $7500 leash cash rebate into the cap cost?

I don't see any more 2014 lease numbers for the i3 ...

Vanguard405 or Michaell, the negotiated price of $44,000 seems quite good given the MSRP of 50,295. What do you think motivated the dealer to drop $6295. Have you seen any more aggressive offers?

I'm hoping to sign a lease in the next few days, and would love to be under $400 on my payments with 0 down. Looking at a base $53,065 car.

Thanks.

vanguard405

I think it's based on the market, timing, and relationship. I just bought a M3 with the same dealer a year ago. I'm not sure if that influenced their decision. I've read individuals getting 15% off but I'm sure that's in fly over states, not Southern CA.

hshadid said:

Michaell said:

stp5 said:

Is it still possible to lease a leftover 2014?
 
If so, what is the residual for 24 months / 20k miles in Wisconsin? Do they still add a $4875 or $7500 leash cash rebate into the cap cost?

I don't see any more 2014 lease numbers for the i3 ...

Vanguard405 or Michaell, the negotiated price of $44,000 seems quite good given the MSRP of 50,295. What do you think motivated the dealer to drop $6295. Have you seen any more aggressive offers?

I'm hoping to sign a lease in the next few days, and would love to be under $400 on my payments with 0 down. Looking at a base $53,065 car.

Thanks.

hshadid

vanguard405 said:

I think it's based on the market, timing, and relationship. I just bought a M3 with the same dealer a year ago. I'm not sure if that influenced their decision. I've read individuals getting 15% off but I'm sure that's in fly over states, not Southern CA.

hshadid said:

Michaell said:

stp5 said:

Is it still possible to lease a leftover 2014?
 
If so, what is the residual for 24 months / 20k miles in Wisconsin? Do they still add a $4875 or $7500 leash cash rebate into the cap cost?

I don't see any more 2014 lease numbers for the i3 ...

Vanguard405 or Michaell, the negotiated price of $44,000 seems quite good given the MSRP of 50,295. What do you think motivated the dealer to drop $6295. Have you seen any more aggressive offers?

I'm hoping to sign a lease in the next few days, and would love to be under $400 on my payments with 0 down. Looking at a base $53,065 car.

Thanks.

Thanks @vanguard405. Any chance you'd post a copy of your lease agreement to see if another dealer in my area (Chicago) would match? No worries if not.

Andrew

edmundsin33323

Wow, sale price of 44,000$ - Thats a great deal.

I have my eye on a similar model but 47k MSRP. missing any mega/giga/wheel options but its a REx model. Not sure how low my dealer will negotiate. Any tips that you felt were helpful in your negotiation process?

thanks

i3leaser

Hi @vanguard405, do you happen to be in Southern California? I'm wondering which dealer you went with. The contours of your deal look exactly like what I'm looking for, but my dealer isn't giving me the number you got, even though the inputs look very similar.

i3 Tera, White, Tech Package, Driver Assist Package, 20" wheels, Harmon Kardon
36 months / 36,000 miles

MSRP 50,495
Selling Price 44,700
Residual % 52%
Residual Value 26,257.40
Loan Credit 7,500.00
Cap Cost 37,200.00
MF 0.00081
Monthly Depreciation 303.96
Monthly Interest 8.86
Total Monthly Payment 312.82

What the dealer is quoting me: $413 / month + tax ($450 / month with tax)

I'm not including doc and lease fees, but figure if these core numbers are right adding the fees won't make a material difference.

I'm attaching the lease calculation screen. I can see that the cap cost is higher by almost $2000, which might be attributed to fees, but even when I plug in $39,200 my monthly payments only go up to $370 including tax, not the $450 that shows up on the screen.

kyfdx

@i3leaser Your CAP cost isn't $37,200
It's $39,198. That includes $1005 for $925 acq.fee and $80 doc fee. Plus $372 license/registration and $585 upfront tax on the CAP cost reduction (the rebate and acq./doc fees are taxable)

I also get $412/mo.+tax

$359 monthly depreciation
$53 monthly finance

Not sure where the $8.86 monthly interest came from, but that's way off.

kenlay29

Looking for the lease rate sheet for the BMW i3 in California for October. Specifically interested in the comparison between the residuals for 30 month 10k and 36 month 10k miles. Also, the MF rates for the top three credit tiers. Thanks!!

MSRP is $50,200 and I was going to pay $5k down, what price should I negotiate down to, for the giga package and how much should my monthly payment be? 

kyfdx

kenlay29 said:

Looking for the lease rate sheet for the BMW i3 in California for October. Specifically interested in the comparison between the residuals for 30 month 10k and 36 month 10k miles. Also, the MF rates for the top three credit tiers. Thanks!!

MSRP is $50,200 and I was going to pay $5k down, what price should I negotiate down to, for the giga package and how much should my monthly payment be? 

October rates come out in October.

kenlay29

Sorry I meant Sept haha 

Michaell

kenlay29 said:

Looking for the lease rate sheet for the BMW i3 in California for October. Specifically interested in the comparison between the residuals for 30 month 10k and 36 month 10k miles. Also, the MF rates for the top three credit tiers. Thanks!!

MSRP is $50,200 and I was going to pay $5k down, what price should I negotiate down to, for the giga package and how much should my monthly payment be? 

kenlay29 said:

Sorry I meant Sept haha 

.00130 and 58% (30/10) and 53% (36/10).

$1000 Eco Credit and $7500 lease cash available.

dtopgear

Something seems off a little on this 24/10,000 lease I'm getting in FL. Money factor should be .0031 Correct? Residual looks right at 63% (i3 Tera, REx). That and they seem to building in a lot of profit on the Tag and Title fee.

MSRP $53,750.00
RESID $33,862.00
SALE $47,000.00
LSE CREDIT $7500.00
FACTOR $0.00165
PMT $399.00 + TAX
CASH DUE $2201.00 (1ST MONTH PAYMENT, TAX, TAG, TITLE)

Thanks

kyfdx

dtopgear said:

Something seems off a little on this 24/10,000 lease I'm getting in FL. Money factor should be .0031 Correct? Residual looks right at 63% (i3 Tera, REx). That and they seem to building in a lot of profit on the Tag and Title fee.

MSRP $53,750.00
RESID $33,862.00
SALE $47,000.00
LSE CREDIT $7500.00
FACTOR $0.00165
PMT $399.00 + TAX
CASH DUE $2201.00 (1ST MONTH PAYMENT, TAX, TAG, TITLE)

Thanks

.00134 MF and 63% residual for October.
$7500 lease credit and $1000 option credit.

Looks like they are marking up the money factor.

dtopgear

Thanks, One question. What is the $1000 option credit?

Michaell

dtopgear said:

Thanks, One question. What is the $1000 option credit?

Factory to customer incentive, similar to a rebate.

sam_sam_sam

Hello - Looking to lease a i3 (10K/30Mo) - MSRP 51,495K, Initial Cap Cost: 45K with MF= .00155, Residual - 58%. Total Lease Payment - 240/mo, with Lease Down of 5K. I will get 2.5K back from State.

Is this a good deal? Northern California.

Michaell

sam_sam_sam said:

Hello - Looking to lease a i3 (10K/30Mo) - MSRP 51,495K, Initial Cap Cost: 45K with MF= .00155, Residual - 58%. Total Lease Payment - 240/mo, with Lease Down of 5K. I will get 2.5K back from State.

Is this a good deal? Northern California.

Base MF is .00134, so that is marked up slightly by the dealer.

Is the $5K all going to cap cost reduction? That's not something we recommend; if the car is stolen or totaled, you lose that money.

sam_sam_sam

Michaell said:

sam_sam_sam said:

Hello - Looking to lease a i3 (10K/30Mo) - MSRP 51,495K, Initial Cap Cost: 45K with MF= .00155, Residual - 58%. Total Lease Payment - 240/mo, with Lease Down of 5K. I will get 2.5K back from State.

Is this a good deal? Northern California.

Base MF is .00134, so that is marked up slightly by the dealer.

Is the $5K all going to cap cost reduction? That's not something we recommend; if the car is stolen or totaled, you lose that money.

Yes. I have attached the quote. Where do i negotiate.

sam_sam_sam

sam_sam_sam said:

Michaell said:

sam_sam_sam said:

Hello - Looking to lease a i3 (10K/30Mo) - MSRP 51,495K, Initial Cap Cost: 45K with MF= .00155, Residual - 58%. Total Lease Payment - 240/mo, with Lease Down of 5K. I will get 2.5K back from State.

Is this a good deal? Northern California.

Base MF is .00134, so that is marked up slightly by the dealer.

Is the $5K all going to cap cost reduction? That's not something we recommend; if the car is stolen or totaled, you lose that money.

Yes. I have attached the quote. Where do i negotiate.

Thank You for your response..

BTW - This is a Tera Interior, Tech & Parking Package, 20” Sport Wheels, HK Sound System. I can get a 24 Month for 154+ tax and $5K at drive off.

Michaell

sam_sam_sam said:

Michaell said:

sam_sam_sam said:

Hello - Looking to lease a i3 (10K/30Mo) - MSRP 51,495K, Initial Cap Cost: 45K with MF= .00155, Residual - 58%. Total Lease Payment - 240/mo, with Lease Down of 5K. I will get 2.5K back from State.

Is this a good deal? Northern California.

Base MF is .00134, so that is marked up slightly by the dealer.

Is the $5K all going to cap cost reduction? That's not something we recommend; if the car is stolen or totaled, you lose that money.

Yes. I have attached the quote. Where do i negotiate.

OK, only $3162 of your cash is going to cap reduction; the rest is covering your other up front costs.

Better to use that money as MSD to buy down the MF (which, again, is inflated for extra dealer profit). Saves you money on your payment and you get that money back at the end of the lease.

sam_sam_sam

Michaell said:

sam_sam_sam said:

Michaell said:

sam_sam_sam said:

Hello - Looking to lease a i3 (10K/30Mo) - MSRP 51,495K, Initial Cap Cost: 45K with MF= .00155, Residual - 58%. Total Lease Payment - 240/mo, with Lease Down of 5K. I will get 2.5K back from State.

Is this a good deal? Northern California.

Base MF is .00134, so that is marked up slightly by the dealer.

Is the $5K all going to cap cost reduction? That's not something we recommend; if the car is stolen or totaled, you lose that money.

Yes. I have attached the quote. Where do i negotiate.

OK, only $3162 of your cash is going to cap reduction; the rest is covering your other up front costs.

Better to use that money as MSD to buy down the MF (which, again, is inflated for extra dealer profit). Saves you money on your payment and you get that money back at the end of the lease.

Thank You

erichighley

Got a quote yesterday for a i3BEV, also in FL. Not sure why the dealer decided to use his own custom worksheet, rather than the standard BMW lease workup. I know he is bumping the MF up a few ticks, but I feel like a better deal could be had. The "discount" he is showing is actually 3.5%, not 4%, which seems pretty meager.

dinosm

Can someone look at the offer that BMW has right now and let me know if is a good deal and if the numbers look good, thanks.
$269*/month for 24 months
• Included in payment: $1,000 Option Credit, $7,500 Lease Cash
2015 BMW i3 Range Extender
MSRP of $48,545.00. $4,194.00 cash due at signing is based on $3,000.00 down payment, $269.00 first month payment, $925.00 acquisition fee, and $.00 security deposit
10,000 miles per year and a disposition fee of $350 at lease end. Purchase option at lease end (excluding tax, title, and other government fees) is $30,583.00.

dinosm

dinosm said:

Can someone look at the offer that BMW has right now and let me know if is a good deal and if the numbers look good, thanks.
$269*/month for 24 months
• Included in payment: $1,000 Option Credit, $7,500 Lease Cash
2015 BMW i3 Range Extender
MSRP of $48,545.00. $4,194.00 cash due at signing is based on $3,000.00 down payment, $269.00 first month payment, $925.00 acquisition fee, and $.00 security deposit
10,000 miles per year and a disposition fee of $350 at lease end. Purchase option at lease end (excluding tax, title, and other government fees) is $30,583.00.

Ok what am I missing:
1. Sticker Price of the car + options $48,545
2. Times the residual value percentage X 0.63%
3. Equals the residual value $30,583
4. Invoice price of car minus incentives (net capitalized cost) (MSRP-$8,500 Dealer Inc-$3000 down payment) $37,045
5. Minus the residual (from line 3) $(30,583)
6. Equals the depreciation over 24 months $6,462
7. Depreciation (line 6) divided by term in months ÷ 24
8. Equals the monthly depreciation payment $269.24
9. Net capitalized cost (From line 4) $37,045
10. Plus the residual (From line 3) $30,583
11. Equals $67,628
12. Times the money factor X 0.00125 (3 percent)
13. Equals money factor (interest) payment portion $84.54
14. Monthly depreciation payment (from line 8) $269.24
15. Plus money factor payment portion (from line 12) $85
16. Equals bottom-line monthly lease payment $353.77

Michaell

dinosm said:

dinosm said:

Can someone look at the offer that BMW has right now and let me know if is a good deal and if the numbers look good, thanks.
$269*/month for 24 months
• Included in payment: $1,000 Option Credit, $7,500 Lease Cash
2015 BMW i3 Range Extender
MSRP of $48,545.00. $4,194.00 cash due at signing is based on $3,000.00 down payment, $269.00 first month payment, $925.00 acquisition fee, and $.00 security deposit
10,000 miles per year and a disposition fee of $350 at lease end. Purchase option at lease end (excluding tax, title, and other government fees) is $30,583.00.

Ok what am I missing:
1. Sticker Price of the car + options $48,545
2. Times the residual value percentage X 0.63%
3. Equals the residual value $30,583
4. Invoice price of car minus incentives (net capitalized cost) (MSRP-$8,500 Dealer Inc-$3000 down payment) $37,045
5. Minus the residual (from line 3) $(30,583)
6. Equals the depreciation over 24 months $6,462
7. Depreciation (line 6) divided by term in months ÷ 24
8. Equals the monthly depreciation payment $269.24
9. Net capitalized cost (From line 4) $37,045
10. Plus the residual (From line 3) $30,583
11. Equals $67,628
12. Times the money factor X 0.00125 (3 percent)
13. Equals money factor (interest) payment portion $84.54
14. Monthly depreciation payment (from line 8) $269.24
15. Plus money factor payment portion (from line 12) $85
16. Equals bottom-line monthly lease payment $353.77

The ad doesn't specifically say, but I'm guessing there is a discount from sticker absorbed by the dealer as well, in addition to the lease cash and down payment.

135iusn

I'd add to the list.. max MSD's vs the 3k down payment and see what you come up with on payment.

Michaell

135iusn said:

I'd add to the list.. max MSD's vs the 3k down payment and see what you come up with on payment.

I'd always recommend the MSD approach ... down payment monies are at risk if the car is stolen or totaled.

135iusn

Given the standard BMW ad.. would the payment stay about the same? totally agree - MDS's all the way.

Michaell

135iusn said:

Given the standard BMW ad.. would the payment stay about the same? totally agree - MDS's all the way.

No - $3000 down equates to about $84/mo in payment. MSDs won't reduce your payment that much, but the money is returned to you.

shellzjp

Hello All - I've been lurking in this forum for a while but just closed the deal on a 2015 i3 w/o Range Extender in Houston:

• MSRP $51,495 (Terra, 20" Wheels, Tech, Parking, Harmon/ Kardon)
  
• $398/mo for 24 months and 10k miles a year including tax
  
• First month's payment plus $300 in fees due at signing
  

For what it's worth, there were only two other i3s similarly equipped within a 75 mile radius of Houston; however, there are 20+ fully loaded Range Extenders.

After reviewing all of the documents in detail last night, I did see that the dealer (BMW West) marked up my money factor by 0.8% ($800) but also gave a $6,000 discount, applied tax credits to 0 out Texas's ridiculous whole value tax, and threw in window tint - I guess they still have to make a little money. Of course, they also applied the $7,500 Lease Incentive and $1,000 eco credit. They also bought out my Mazda6 lease (which incidentally was also $398/mo) at the current value (i.e., no negative or positive equity). This lease is with BMW Financial with Tier 1 Credit.

It was a generally painless process and the people were professional. And given that my payments for this $52k BMW are the same as my $32k Mazda, I'm pretty happy.

As an aside, I looked at a totally unrelated vehicle, the 2015 Hyundai Genesis 3.8, but the dealer wouldn't let me test drive it because he didn't think I could afford it.

So far I'm really enjoying the i3! I love how powerful it is off the line and how practical the hatch is. Last night, I loaded up thirteen pumpkins. The "Arravani Gray" is a little "battleship-looking," but it's growing on me.

Thanks for everything and good luck!

135iusn

sounds solid, have fun. If I get one I'll need the Rex for sure and you can't argue with same payment out the door.

stp5

shellzjp: The MSRP you listed does not match those options. That's fully loaded minus paint (same as mine) and
such a 2015 REx lists at $55,345 not $51,495.

Did you have a typo perhaps?

Michaell

shellzjp said:

Hello All - I've been lurking in this forum for a while but just closed the deal on a 2015 i3 w/o Range Extender in Houston:

• MSRP $51,495 (Terra, 20" Wheels, Tech, Parking, Harmon/ Kardon)
  
• $398/mo for 24 months and 10k miles a year including tax
  
• First month's payment plus $300 in fees due at signing
  

For what it's worth, there were only two other i3s similarly equipped within a 75 mile radius of Houston; however, there are 20+ fully loaded Range Extenders.

After reviewing all of the documents in detail last night, I did see that the dealer (BMW West) marked up my money factor by 0.8% ($800) but also gave a $6,000 discount, applied tax credits to 0 out Texas's ridiculous whole value tax, and threw in window tint - I guess they still have to make a little money. Of course, they also applied the $7,500 Lease Incentive and $1,000 eco credit. They also bought out my Mazda6 lease (which incidentally was also $398/mo) at the current value (i.e., no negative or positive equity). This lease is with BMW Financial with Tier 1 Credit.

It was a generally painless process and the people were professional. And given that my payments for this $52k BMW are the same as my $32k Mazda, I'm pretty happy.

As an aside, I looked at a totally unrelated vehicle, the 2015 Hyundai Genesis 3.8, but the dealer wouldn't let me test drive it because he didn't think I could afford it.

So far I'm really enjoying the i3! I love how powerful it is off the line and how practical the hatch is. Last night, I loaded up thirteen pumpkins. The "Arravani Gray" is a little "battleship-looking," but it's growing on me.

Thanks for everything and good luck!

Thanks for checking in and sharing your numbers with us. Looks like a solid deal. Enjoy the i3!

koljan26

sam_sam_sam said:

sam_sam_sam said:

Michaell said:

sam_sam_sam said:

BTW - This is a Tera Interior, Tech & Parking Package, 20” Sport Wheels, HK Sound System. I can get a 24 Month for 154+ tax and $5K at drive off.

Do you mind sharing the dealer's name?

gorexgo

Could I get a check on the following deal?:

2015 Rex, all options MSRP: $55,895
Selling price: 49,295 ($6,600 off MSRP)
BMW Rebate: $7,500
BMW Incentive: $1,000

Term: 30 month
Miles per year: 10,000
Cash due at signing: $6,500 ($3,000 down + $3,500 MSD which you will get back at the end of your lease) Monthly payments before tax: $368.92 Monthly payment after tax: $404
Residual: $32,419.10
Money Factor: .00085

I'm saying that the money factor is marked up. Is there anything else wrong with this deal? I'll get back $2,500 for CA rebate so effectively I think I'm only putting $500 towards CAP.

7 MSD's = .00049
BMWFS MF= .00130
Offer MF: .00085 =.00004 markup

.00130-.00049 =.00081 correct Money Factor w/o markup

Thanks for any comments!

Michaell

gorexgo said:

Could I get a check on the following deal?:

2015 Rex, all options MSRP: $55,895
Selling price: 49,295 ($6,600 off MSRP)
BMW Rebate: $7,500
BMW Incentive: $1,000

Term: 30 month
Miles per year: 10,000
Cash due at signing: $6,500 ($3,000 down + $3,500 MSD which you will get back at the end of your lease) Monthly payments before tax: $368.92 Monthly payment after tax: $404
Residual: $32,419.10
Money Factor: .00085

I'm saying that the money factor is marked up. Is there anything else wrong with this deal? I'll get back $2,500 for CA rebate so effectively I think I'm only putting $500 towards CAP.

7 MSD's = .00049
BMWFS MF= .00130
Offer MF: .00085 =.00004 markup

.00130-.00049 =.00081 correct Money Factor w/o markup

Thanks for any comments!

The MF for BMW increased this month to .00134 - max MSDs brings it down to .00085, as quoted by the dealer.

If the net cap cost is $40,795, then the base payment (before tax) is $341.43/mo.

I would confirm the net cap cost with the dealer ... I suspect that some fees may be getting rolled in. About $825 total, given the difference in the base payment.

gorexgo

Thanks so much for the quick response! This forum has been the best tool in working out terms. Much appreciated! I'll share whatever info I get from this lease in hopes it helps others.

135iusn

Michaell, with the above lease for gorexgo, if the term was 24 months vs 30 how would the number play out? I'm seeking loaded rex and want to keep my payment as close to 350.What would the purchase price need to be using the 7500 lease cash, 1000 build out cash, and the 1000 USAA.

Many thanks

135iusn

and I'll do 7 msd's and pay taxes, acq fee ect up front.

Michaell

135iusn said:

Michaell, with the above lease for gorexgo, if the term was 24 months vs 30 how would the number play out? I'm seeking loaded rex and want to keep my payment as close to 350.What would the purchase price need to be using the 7500 lease cash, 1000 build out cash, and the 1000 USAA.

Many thanks

If I keep the pricing the same, and change the residual to 63% (24/10), the pre-tax payment is $297/mo.

135iusn

Nice..thanks!

supra911

what's the residual for 12k miles 24/30/36 month lease?
seems like bmw is pushing 24 months leases.. maybe that's the sweet spot?

Michaell

supra911 said:

what's the residual for 12k miles 24/30/36 month lease?
seems like bmw is pushing 24 months leases.. maybe that's the sweet spot?

62% / 57% / 52%

Yes, 24 months seems to be the sweet spot this month.

135iusn

Michaell said:

135iusn said:

Michaell, with the above lease for gorexgo, if the term was 24 months vs 30 how would the number play out? I'm seeking loaded rex and want to keep my payment as close to 350.What would the purchase price need to be using the 7500 lease cash, 1000 build out cash, and the 1000 USAA.

Many thanks

If I keep the pricing the same, and change the residual to 63% (24/10), the pre-tax payment is $297/mo.

** So the MSD's would be $2100 correct?