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BMW 6-Series Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Sure bokonon. Audi Financial Services' July buy rate lease money factor and residual value for a 24-month lease of a 2013 640i xDrive Convertible with 10,000 miles per year are .00127 and 64% for consumers who qualify for its top credit tiers.

    The 30 and 36 month numbers are .00127 / 61% and .00127 / 58%.

    Car_man
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  • jsrowejsrowe Posts: 9
    I was quoted a lease for July and I'm wondering if BMW made any changes to the residual or MF for August. Any information?

    Thank you in advance.
  • jsrowejsrowe Posts: 9
    In particular, I'm interested in 36 mos, 10k mi.
  • jasonmdbmwjasonmdbmw Posts: 117
    Stayed the same for August
  • nik11nik11 Posts: 8
    640 gran coupe 2014 m sport with 20 inch wheels build to order. Negotiated price 78k, money factor .0019, 12 k, 1st month and acquisition fee and tax upfront, nothing else down. 1190$ a month

    Is this fair deal?
  • Car Man

    A friend (I know - everyone says that - but it is true) is leasing a 2013 650i Grand Coupe. I told him that MF should be .0009 for a lease 36 months with top credit. He has a FICO of 648 that turned up at BMW FS. So how can we verify what base rate for that credit tier is ? Thanks
  • Depends on his Experian score. Add .0002 if better than 640 and .0004 if under
  • asi12asi12 Posts: 46
    What is shortest duration lease allowed on BMW? I would assume this is pretty much standard for most car makers?

    If idea is only to lease car to drive a new car every few years, what is best value in terms of lease years? In general it is bad idea to go beyond manufacturers warranty time limits. Most people I have seen here choose 36 months. Based on what I read here, there is only 3% residual value difference, for same miles, between 24 vs 36 months lease. There is a 5% RV difference between 36 and 48 months. It seems like 24 is not a great deal because you are leasing/renting car for 12 month less and saving perhaps 4/5 months car payments.
  • asi12asi12 Posts: 46
    Lets say you leased BMW in State A moved hundreds of miles away in State B. When are you leasing, are you leasing from BMW or local BMW dealership? Do you have to return the car to same dealership? Many dealer do exchange among themselves. Can one return car to a dealership in your new state esp. if you will be leasing a newer BMW from them. People move all the time and I am sure this issue does come up.
  • kyfdxkyfdx Posts: 30,584
    For most makes, 24 months is as short as they will go.... In the past, Infiniti has offered some 18 month leases, and you can lease a Porsche for 12 months, but as you noted, the shorter terms are sort of pricy..

    Every once in awhile, a make will run a special on a 24 month lease.. BMW had a great 24 month lease on Z4s in 2011, for example.. But, in general, the cheapest lease is a 36 month term...

    regards,
    kyfdx

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  • kyfdxkyfdx Posts: 30,584
    With a BMW, you are leasing from BMW Financial Services.. In general, you can return your leased car to any BMW dealer, though some may decline. Of course, any BMW dealer that is selling/leasing you a new car will be happy to take your old lease return.

    The biggest problem with moving a lease to another state, can come from different methods in taxing the lease.

    regards,
    kyfdx

    MODERATOR
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  • rr4mywiferr4mywife Posts: 46

    HI Car_Man - Do you have the MF and residual for a 2014 BMW 650xi GranCoupe? Interested in 36-months, 10k and 12K miles.

    Thank you

  • kyfdxkyfdx Posts: 30,584

    @rr4mywife said: HI Car_Man - Do you have the MF and residual for a 2014 BMW 650xi GranCoupe? Interested in 36-months, 10k and 12K miles.

    Thank you

    .00130 MF and 55% residual for 36mo, 15K/yr lease. Add 1% for 10K/yr.

    $2000 customer cash from BMW.

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  • Thank you!!

  • I notice the person above me was for 2014 650xi... Do we have any MF or Residual on 2014 650i - 36 Months, Or do they have a sweet spot? 15k a year. -- I saw the 2000 cash back... are they offering a conquest to come over from MB? -- Any other incentives that I am missing. Also, do I negotiate the car as cash first, then throw the 2k on top? The guy at the dealer was trying to tell me that it was in their final offer, but I am not buying it... Does anyone know their dealer hold back? Also, do they pay a 3% monthly interest to keep it on the lot? -- Any insight would be great, Also... What are other people paying just so I have a reasonable offer. I know they have to make some money, but I am young and they think I don't do my research.... Thanks in advance! You guys have been a great help so far!!!!

  • This is the 2014 650i Gran Coupe. Base 88,900 M Sport 5,300 20" Wheels 1,300 Destination 925

    MSRP 96,425

    What do you think the best deal I can get on this??

  • kyfdxkyfdx Posts: 30,584

    .00130 MF and 52% residual.. Not too many recent posts, as far as prices paid, but you can check above for Edmunds TMV.

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  • panfam007panfam007 Posts: 3

    Do we know March RV for 24mos/10K 640i coupe?

  • kyfdxkyfdx Posts: 30,584

    @panfam007 said: Do we know March RV for 24mos/10K 640i coupe?

    .00130 MF and 60% residual. $7500 of build-out cash.

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  • dr614dr614 Posts: 1

    Can anyone tell me the current residual value and money factor for a 2014 640ix convertible - 36 months/15,000 miles? Thanks.

  • kyfdxkyfdx Posts: 30,584

    @dr614 said: Can anyone tell me the current residual value and money factor for a 2014 640ix convertible - 36 months/15,000 miles? Thanks.

    .00130 MF and 52% residual. $7500 build out cash. I think this model is eligible for a no-cost M-Sport package, as well.

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  • mbusa650mbusa650 Posts: 10

    Hi. Anyone know current Resid/MF/incentives for 650xi GC? Also, if anyone has the ED Invoice, or approx. % BMW discounts ED invoice from US invoice (its been a while for me, used to be 7%). Thanks!

  • mbusa650mbusa650 Posts: 10

    Oh yeah, 2014 and 2015 if you have them. thanks

  • MichaellMichaell ColoradoPosts: 7,389

    @mbusa650 said: Hi. Anyone know current Resid/MF/incentives for 650xi GC? Also, if anyone has the ED Invoice, or approx. % BMW discounts ED invoice from US invoice (its been a while for me, used to be 7%). Thanks!

    What lease term and miles per year?

    Base MF is .00130 for 2014 model. $3500 lease cash. Savings for M Sport Edition.

    Base MF is .00133 for 2015.

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  • mbusa650mbusa650 Posts: 10

    Thanks! sorry, 36 months / 12k. Can you explain the M savings? I do plan on getting that edition. Thanks again, great info

  • kyfdxkyfdx Posts: 30,584

    @mbusa650 said: Thanks! sorry, 36 months / 12k. Can you explain the M savings? I do plan on getting that edition. Thanks again, great info

    For the 2014 model, .00130 MF and 55% residual for 36mo, 12K/yr. $2000 buildout cash.

    It looks like the M package price is reduced by $8400 on the MSRP sticker. It's a pretty good savings, but it's not like getting an extra $8400 off the selling price. You'll save because it's a lower MSRP vehicle, than otherwise.

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  • mbusa650mbusa650 Posts: 10

    Thanks again. Last one I promise. If I were trying to figure the ED invoice, do you thing it would be 7% off the reduced MSRP? not sure if they apply the incentives on top of the ED discount. I think some incentives like buildout cash are in addition, but not sure with MSRP support like this. If you happen to know, or best guess, that would be great.

  • kyfdxkyfdx Posts: 30,584

    @mbusa650 said: Thanks again. Last one I promise. If I were trying to figure the ED invoice, do you thing it would be 7% off the reduced MSRP? not sure if they apply the incentives on top of the ED discount. I think some incentives like buildout cash are in addition, but not sure with MSRP support like this. If you happen to know, or best guess, that would be great.

    If I remember correctly, the ED invoice is 7% less than the US invoice, on the base price.. Options are the same price. The MSRP is not reduced for ED, just the invoice.

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  • mbusa650mbusa650 Posts: 10

    Hi, so I went to the dealer today, and they quoted me $1200 above my calculated dealer ED invoice (7% below base invoice + full invoice for M series). It's a MY 2015 since I am doing ED. They gave me the same money factor you quoted, but oddly, they said MY 2014 was 50% residual and MY 2015 was 53%. This is the first time (after 4 cars) that the dealer has given me something different than the Edmunds boards for residuals. I didn't think they were allowed to play with residual, I thought BMWFS sets this? Can you please confirm the 12k / 36 mo residual for a MY 2015 650xiGC? Thanks!

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