2014 BMW 4-Series Lease Questions

akr

Could not find any 2014 with base options required. My deal on a 2015 428 X C. Msrp 55,150, Cap 52,700.
2.5k down, 566.pm (incl. 7% tax) + 800 acq. fee, 300 doc fee. 63% residual, .00129 MF, 10k, 36 month. With registration and first monthly payment 4.5k drive away.

Understand, down payment is not recommended and MF reduction possible through multiple deposits but need to keep monthly payments at the level above.

bimmerkat

Hello all. I'm new to the forum and I have a couple of questions I'm wondering if you can help me with. Can I renegotiate the cap cost and monthly lease $ after ordering a car and putting down a deposit? The car is about a week away but I got a better offer from another dealer.

Also, I put down 2k deposit (for drive off) but it's 700 over what the other dealer quoted. How can I recoup this $700 from my current CA?

Does any of you have experience with this situation? Thanks.

kyfdx

bimmerkat said:

Hello all. I'm new to the forum and I have a couple of questions I'm wondering if you can help me with. Can I renegotiate the cap cost and monthly lease $ after ordering a car and putting down a deposit? The car is about a week away but I got a better offer from another dealer.

Also, I put down 2k deposit (for drive off) but it's 700 over what the other dealer quoted. How can I recoup this $700 from my current CA?

Does any of you have experience with this situation? Thanks.

You can try to re-negotiate, but I doubt you'll have any luck. You ordered a car to your specs, and now you want to go to another dealer? They obviously won't have the car you ordered. Are you going to order again?

bimmerkat

I made a mistake. I didn't shop around, didn't do my homework and acted on impulse when ordered the car. The salesman did a good job persuading me into it but that doesn't mean that I should be paying $1k more vs. what the other dealer's offer for the exact same car. Yes, I'd have to order all over again if they don't budge but for $1k diff. I'll definitely consider it.

robphanz

So here's my deal: 2014 435i xdrive Coupe. MSRP 56,125, Selling Price: 52,925 Ohio tax: 6.5% 12k, 36 month. how much monthly with 60% residual? 700? i'm guessing

Michaell

robphanz said:

So here's my deal: 2014 435i xdrive Coupe. MSRP 56,125, Selling Price: 52,925 Ohio tax: 6.5% 12k, 36 month. how much monthly with 60% residual? 700? i'm guessing

With base MF of .00129, I get $646.44/mo pre-tax.

Ohio calculates the tax on the entire lease up front, so 6.5% of the $19,250 depreciation, or $1203.13. Would you be paying this up front or adding it to the cap cost?

robphanz

@Michaell‌ thanks for the fast response. I will be paying up front. I got to negotiate to 656 monthly including tax

admiralaj

Would like some advice on the pricing I received for a 2015 428i Gran a Coupe. With all my options MSRP: $57,025 and Invoice: $52,990. Price offered is $52,740.

What is the innovations credit for this vehicle?

Lease terms: 36 months, 10k miles/yr, 63% residual, MF= .00129, Cap Cost: 52,740, I pay title, tax, acquisition, and first pymt of about $1,900. Is this good?


Thanks in advance!

kyfdx

admiralaj said:

Would like some advice on the pricing I received for a 2015 428i Gran a Coupe. With all my options MSRP: $57,025 and Invoice: $52,990. Price offered is $52,740.

What is the innovations credit for this vehicle?

Lease terms: 36 months, 10k miles/yr, 63% residual, MF= .00129, Cap Cost: 52,740, I pay title, tax, acquisition, and first pymt of about $1,900. Is this good?


Thanks in advance!

Innovations credit is $750. Your deal looks very fair. What is the payment?

seffieh

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

admiralaj

kyfdx said:

admiralaj said:

Would like some advice on the pricing I received for a 2015 428i Gran a Coupe. With all my options MSRP: $57,025 and Invoice: $52,990. Price offered is $52,740.

What is the innovations credit for this vehicle?

Lease terms: 36 months, 10k miles/yr, 63% residual, MF= .00129, Cap Cost: 52,740, I pay title, tax, acquisition, and first pymt of about $1,900. Is this good?


Thanks in advance!

Innovations credit is $750. Your deal looks very fair. What is the payment?

Just added the enhanced usb option, so MSRP is now $57,525. Dealer offer is invoice of $53,445 less $650 less $750 innovations credit = $52,045. $0 cap reduction first payment $552.90 plus 9% tax. Does fair deal mean I can do better?

Michaell

seffieh said:

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

What is the negotiated selling price?

We don't recommend that you make a down payment on a lease - if the car is stolen or totaled you are out the money. Instead, use the cash for MSDs to lower your money factor.

Numbers on the 2014 428i Coupe are .00129 and 61% for 36/10.

seffieh

Thank you, Michaell. The negotiated selling price is $50,794.

Your advice regarding down payments is much appreciated. I was wondering if it is still applicable if the car comes with gap insurance?

Thanks again!

Michaell said:

seffieh said:

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

What is the negotiated selling price?

We don't recommend that you make a down payment on a lease - if the car is stolen or totaled you are out the money. Instead, use the cash for MSDs to lower your money factor.

Numbers on the 2014 428i Coupe are .00129 and 61% for 36/10.

Michaell

seffieh said:

Thank you, Michaell. The negotiated selling price is $50,794.

Your advice regarding down payments is much appreciated. I was wondering if it is still applicable if the car comes with gap insurance?

Thanks again!

Michaell said:

seffieh said:

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

What is the negotiated selling price?

We don't recommend that you make a down payment on a lease - if the car is stolen or totaled you are out the money. Instead, use the cash for MSDs to lower your money factor.

Numbers on the 2014 428i Coupe are .00129 and 61% for 36/10.

GAP insurance wouldn't make you whole with money down ... it makes BMWFS whole based on the amount due.

thekid3

Think I just locked a pretty solid deal. 428GC MSRP of $51,500 with purchase price of $45,350 inclusive of un4gettable credit. With $3500 in SD got a monthly of $439 before tax ($479 with tax) for 36 mos/10k

Michaell

thekid3 said:

Think I just locked a pretty solid deal. 428GC MSRP of $51,500 with purchase price of $45,350 inclusive of un4gettable credit. With $3500 in SD got a monthly of $439 before tax ($479 with tax) for 36 mos/10k

That does seem really good.

Well done!

seffiehh

Ah, that makes sense. The $5,000 included the first month's payment, as well as all applicable initial fees, but an MSD instead does make a lot of economic sense.

Assuming I utilize all seven MSD at $600 (I believe this would be $4200 in MSD + fees for my initial payment), and then stick with the $600 incl. tax for 36 months, would this be a fair deal with my numbers below? Thank you again.


2014 428i Coupe
MSRP after options and wheels: $55,370
Negotiated selling price: $50,794.
Terms: 36 mo. - 10k miles/year

Michaell said:

seffieh said:

Thank you, Michaell. The negotiated selling price is $50,794.

Your advice regarding down payments is much appreciated. I was wondering if it is still applicable if the car comes with gap insurance?

Thanks again!

Michaell said:

seffieh said:

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

What is the negotiated selling price?

We don't recommend that you make a down payment on a lease - if the car is stolen or totaled you are out the money. Instead, use the cash for MSDs to lower your money factor.

Numbers on the 2014 428i Coupe are .00129 and 61% for 36/10.

GAP insurance wouldn't make you whole with money down ... it makes BMWFS whole based on the amount due.

Michaell

seffiehh said:

Ah, that makes sense. The $5,000 included the first month's payment, as well as all applicable initial fees, but an MSD instead does make a lot of economic sense.

Assuming I utilize all seven MSD at $600 (I believe this would be $4200 in MSD + fees for my initial payment), and then stick with the $600 incl. tax for 36 months, would this be a fair deal with my numbers below? Thank you again.


2014 428i Coupe
MSRP after options and wheels: $55,370
Negotiated selling price: $50,794.
Terms: 36 mo. - 10k miles/year

Michaell said:

seffieh said:

Thank you, Michaell. The negotiated selling price is $50,794.

Your advice regarding down payments is much appreciated. I was wondering if it is still applicable if the car comes with gap insurance?

Thanks again!

Michaell said:

seffieh said:

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

What is the negotiated selling price?

We don't recommend that you make a down payment on a lease - if the car is stolen or totaled you are out the money. Instead, use the cash for MSDs to lower your money factor.

Numbers on the 2014 428i Coupe are .00129 and 61% for 36/10.

GAP insurance wouldn't make you whole with money down ... it makes BMWFS whole based on the amount due.

You don't want to negotiate based on the payment; you want to negotiate the best selling price. With the MSRP and selling price, and using .00080 as the reduced MF, I get a pre-tax payment of $540.39/mo for 36 months.

9.8% tax takes the payment to $593.34/mo.

seffiehh

Thank you. And is that a fair deal, in your experience?

Michaell said:

seffiehh said:

Ah, that makes sense. The $5,000 included the first month's payment, as well as all applicable initial fees, but an MSD instead does make a lot of economic sense.

Assuming I utilize all seven MSD at $600 (I believe this would be $4200 in MSD + fees for my initial payment), and then stick with the $600 incl. tax for 36 months, would this be a fair deal with my numbers below? Thank you again.


2014 428i Coupe
MSRP after options and wheels: $55,370
Negotiated selling price: $50,794.
Terms: 36 mo. - 10k miles/year

Michaell said:

seffieh said:

Thank you, Michaell. The negotiated selling price is $50,794.

Your advice regarding down payments is much appreciated. I was wondering if it is still applicable if the car comes with gap insurance?

Thanks again!

Michaell said:

seffieh said:

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

What is the negotiated selling price?

We don't recommend that you make a down payment on a lease - if the car is stolen or totaled you are out the money. Instead, use the cash for MSDs to lower your money factor.

Numbers on the 2014 428i Coupe are .00129 and 61% for 36/10.

GAP insurance wouldn't make you whole with money down ... it makes BMWFS whole based on the amount due.

You don't want to negotiate based on the payment; you want to negotiate the best selling price. With the MSRP and selling price, and using .00080 as the reduced MF, I get a pre-tax payment of $540.39/mo for 36 months.

9.8% tax takes the payment to $593.34/mo.

Michaell

seffiehh said:

Thank you. And is that a fair deal, in your experience?

Michaell said:

seffiehh said:

Ah, that makes sense. The $5,000 included the first month's payment, as well as all applicable initial fees, but an MSD instead does make a lot of economic sense.

Assuming I utilize all seven MSD at $600 (I believe this would be $4200 in MSD + fees for my initial payment), and then stick with the $600 incl. tax for 36 months, would this be a fair deal with my numbers below? Thank you again.


2014 428i Coupe
MSRP after options and wheels: $55,370
Negotiated selling price: $50,794.
Terms: 36 mo. - 10k miles/year

Michaell said:

seffieh said:

Thank you, Michaell. The negotiated selling price is $50,794.

Your advice regarding down payments is much appreciated. I was wondering if it is still applicable if the car comes with gap insurance?

Thanks again!

Michaell said:

seffieh said:

Thank you in advance for the expert guidance provided on this forum to lease-newbies! This is looking to be my first lease, and I was wondering if it is a fair deal:

2014 428i Coupe
MSRP after options and wheels: $55,370
Terms: 36 mo. - 10k miles/year
Payments: $5,000 down + $600/mo. starting from the second month (including sales tax of 9.8% - base monthly is $546.58)

(I didn't ask for MF or residual value, but if it's necessary I could do that?)

Thank you again!

What is the negotiated selling price?

We don't recommend that you make a down payment on a lease - if the car is stolen or totaled you are out the money. Instead, use the cash for MSDs to lower your money factor.

Numbers on the 2014 428i Coupe are .00129 and 61% for 36/10.

GAP insurance wouldn't make you whole with money down ... it makes BMWFS whole based on the amount due.

You don't want to negotiate based on the payment; you want to negotiate the best selling price. With the MSRP and selling price, and using .00080 as the reduced MF, I get a pre-tax payment of $540.39/mo for 36 months.

9.8% tax takes the payment to $593.34/mo.

The only way to make it better is to negotiate more off MSRP. A strong deal as it stands.

seffiehh

Thank you, Michaell. I now have a much better idea of what to aim for at the negotiating table. Your patience is very much appreciated!

jasonjchung

hi,

RV and MF for 2014/15 BMW 428i (socal) for 10k miles! (Term with best RV)

agov

Hi I'm a newbie here and was wondering if someone could tell me if I'm getting a good deal here.

2015 BMW 4281 Gran Coupe
36 months/10,000
MSRP 47,100
Negotiated price 43,695
RV 63%, MF 0.00169
Monthly with taxes of 8.75% is $558.42/month

The money factor seemed a bit high to me compared to what I've been reading here...

jddssc121

Can you post the #'s for both 2014 and 2015 on a 435 Grand Coupe xDrive for 36/15 ?

kyfdx

jddssc121 said:

Can you post the #'s for both 2014 and 2015 on a 435 Grand Coupe xDrive for 36/15 ?

2015: .00129 MF and 60% residual. $750 Innovations credit.

2014: Is there a Grand Coupe for 2014?

Michaell

agov said:

Hi I'm a newbie here and was wondering if someone could tell me if I'm getting a good deal here.

2015 BMW 4281 Gran Coupe
36 months/10,000
MSRP 47,100
Negotiated price 43,695
RV 63%, MF 0.00169
Monthly with taxes of 8.75% is $558.42/month

The money factor seemed a bit high to me compared to what I've been reading here...

It is. Base MF is .00129.

admiralaj

I've been reading the MF is .00129. I received a quote from a dealer today and the total rate is .00139. This is the breakdown on the dealer disclosure that was sent to me:

Retention Rate 0.00129
Reserve Rate 0.00010
Disclosed Rate 0.00139

Is this correct or is the dealer adding additional profit into the lease rate?

Thanks,

AJ

Michaell

admiralaj said:

I've been reading the MF is .00129. I received a quote from a dealer today and the total rate is .00139. This is the breakdown on the dealer disclosure that was sent to me:

Retention Rate 0.00129
Reserve Rate 0.00010
Disclosed Rate 0.00139

Is this correct or is the dealer adding additional profit into the lease rate?

Thanks,

AJ

Anything above the base rate of .00129 is profit for the dealer. They can call it whatever they want, but that's the facts.

amgeater

.00129 MF and 64% residual for 32 month, 15K/yr lease. $1000 Innovation Credit.

Same numbers for all three models. 32 month is the special term for the 2014 convertible, this month.

is this program still avaliable ?? what I mean is the 32 month program ?

Michaell

amgeater said:

.00129 MF and 64% residual for 32 month, 15K/yr lease. $1000 Innovation Credit.

Same numbers for all three models. 32 month is the special term for the 2014 convertible, this month.

is this program still avaliable ?? what I mean is the 32 month program ?

32 month program is available in October ... 64% for 32/15 and .00129 MF.

No innovations credit for 2014 4-series convertibles.

amgeater

Thank you mitchaell !!

Now here is what I got so far from the dealer

Msrp 58120
Residual 63%
MF 0.00129

Couple of questions:

First - Working on discounting the car... ? How much % wise should i be going for ?

Second - sales man is giving me a total price of 62,820 out the door ? So i ask for a break down:

Here what he told me 58,120 plus 689 dealer fee, plus 350 tag, plus 169 title, plus other stuff 5.50, plus 3487 in taxes....?????

I am fine with all the charges but why doni have to pay taxes on the msrp ? And then taxes on the monthly payment ? I am confuse can someone help me... Thank you !!!

Michaell

amgeater said:

Thank you mitchaell !!

Now here is what I got so far from the dealer

Msrp 58120
Residual 63%
MF 0.00129

Couple of questions:

First - Working on discounting the car... ? How much % wise should i be going for ?

Second - sales man is giving me a total price of 62,820 out the door ? So i ask for a break down:

Here what he told me 58,120 plus 689 dealer fee, plus 350 tag, plus 169 title, plus other stuff 5.50, plus 3487 in taxes....?????

I am fine with all the charges but why doni have to pay taxes on the msrp ? And then taxes on the monthly payment ? I am confuse can someone help me... Thank you !!!

1 - 5-7% off sticker before incentives is a good target price

2 - So far as I know, there are four states - IL, MD, GA and TX - that tax the entire selling price. The tax can either be paid up front or it can be rolled into the cap cost.

MLB999

Need help evaluating a lease deal in New Jersey on a 2015 428xi convertible with Black Metallic, Cold Weather Package, Driver Assistance, Premium, Navigation, Harman Sound, Enhanced Bluetooth Here are the particulars:

MSRP: $59,975
Invoice: $55,645 (I think)
Selling Price: Below invoice - don't have the exact number at the moment
39 Months, 12,000 miles, MF: .00129, Residual %: .6
At signing (all fees plus 1st payment): $2202
PAYMENT: $599/month

Also - the dealer accepts multiple security deposits. What should I expect in terms of a decrease in payment?

Thank you!

kyfdx

MLB999 said:

Need help evaluating a lease deal in New Jersey on a 2015 428xi convertible with Black Metallic, Cold Weather Package, Driver Assistance, Premium, Navigation, Harman Sound, Enhanced Bluetooth Here are the particulars:

MSRP: $59,975
Invoice: $55,645 (I think)
Selling Price: Below invoice - don't have the exact number at the moment
39 Months, 12,000 miles, MF: .00129, Residual %: .6
At signing (all fees plus 1st payment): $2202
PAYMENT: $599/month

Also - the dealer accepts multiple security deposits. What should I expect in terms of a decrease in payment?

Thank you!

The money factor is .00130 this month.

With invoice as the selling price, I get a payment of $623.mo., so your $599 looks really good.

muajko

Hi, looking for the MF and residual for a lease in Maryland on a
2014 435i xdrive coupe  and 
2015 435i xdrive coupe 

Thanks in advance!! 

muajko

Sorry, based on 12,000 miles and 36 months or 39 months (whichever is better) 

kyfdx

muajko said:

Hi, looking for the MF and residual for a lease in Maryland on a
2014 435i xdrive coupe  and 
2015 435i xdrive coupe 

Thanks in advance!! 

muajko said:

Sorry, based on 12,000 miles and 36 months or 39 months (whichever is better) 

2014: .00130 MF and 60% residual for 36mo, 12K/yr

2015: .00130 MF and 61% residual for 39mo, 12K/yr. $1000 Holiday Credit.

muajko

Thank you so much! Would you happen to have the residual for a 2015 428i xdrive coupe as well?  39 months, 12k. I'm assuming the MF would still be .00130, right? Thanks again 

Michaell

muajko said:

Thank you so much! Would you happen to have the residual for a 2015 428i xdrive coupe as well?  39 months, 12k. I'm assuming the MF would still be .00130, right? Thanks again 

60%. Yes, MF is .00130 for all models this month.

noah27

I need some help, i just got in a 2013 C250 Coupe October 25th and I want to get out of it, bought it for 28,9 and came out with the total being financed as 32,9. Mo. Payment 509. Can I get out of this car? I want to get into a 428i, with tech and msport pacckages ideally under 550 a month? I dont care how many months I have to lease but I want out of this car. My first payment is about a month away.

noah27

And also if I did a lease would I have to tack on the taxes I'm upside down in even though I haven't paid a dime for the car yet, because that would completely make me upside down.

kyfdx

noah27 said:

I need some help, i just got in a 2013 C250 Coupe October 25th and I want to get out of it, bought it for 28,9 and came out with the total being financed as 32,9. Mo. Payment 509. Can I get out of this car? I want to get into a 428i, with tech and msport pacckages ideally under 550 a month? I dont care how many months I have to lease but I want out of this car. My first payment is about a month away.

You can get out of anything with enough money..

noah27

kyfdx said:

noah27 said:

I need some help, i just got in a 2013 C250 Coupe October 25th and I want to get out of it, bought it for 28,9 and came out with the total being financed as 32,9. Mo. Payment 509. Can I get out of this car? I want to get into a 428i, with tech and msport pacckages ideally under 550 a month? I dont care how many months I have to lease but I want out of this car. My first payment is about a month away.

You can get out of anything with enough money..

Would I be upside down on the 3k in taxes that was tacked onto the loan? Because I haven't even made the first payment..

admiralaj

Can anyone provide an update on the current lease terms for a 2015 428iGC with 10k annual miles?

The dealer I'm speaking with says that in November the lease is now 39 months with a 62% residual and could not email me the MF. Seems strange!? Last month I was told it was 36 month term, 63% residual and a .00129 MF.

Thanks in advance...AJ

Michaell

admiralaj said:

Can anyone provide an update on the current lease terms for a 2015 428iGC with 10k annual miles?

The dealer I'm speaking with says that in November the lease is now 39 months with a 62% residual and could not email me the MF. Seems strange!? Last month I was told it was 36 month term, 63% residual and a .00129 MF.

Thanks in advance...AJ

MF this month is .00130 and 39/10 residual is 62%.

I suspect they don't want to share the MF as they will inflate it for extra profit.

Michaell

noah27 said:

kyfdx said:

noah27 said:

I need some help, i just got in a 2013 C250 Coupe October 25th and I want to get out of it, bought it for 28,9 and came out with the total being financed as 32,9. Mo. Payment 509. Can I get out of this car? I want to get into a 428i, with tech and msport pacckages ideally under 550 a month? I dont care how many months I have to lease but I want out of this car. My first payment is about a month away.

You can get out of anything with enough money..

Would I be upside down on the 3k in taxes that was tacked onto the loan? Because I haven't even made the first payment..

Head over to the "Real World Trade in Values" discussion for an honest assessment of your current car. If the taxes were added to the loan you will be responsible for them should you decide to trade.

What is so wrong with the MB that you want to get rid of it after only 2 weeks?

mark2015

Hello all,
Would like to know if this a good deal, the cap cost seems ok, but I'm not getting the monthly numbers people have written about in this forum.

Base 428i convertible with heated seats.
MSRP including 925$ destination fee: 50200.
Discounted price 48000.
Prep fee: 135
Recent grad incentive: 1000
Holiday Credit: 1000
Total cost: 46135
Acquisition fee: 725
License/tag/registration: 854
Tax: 138
Zero down, rolling everything into the lease.
Drive 728$
39 month/15K. $672 per month excluding tax. (including Tax 728)

Please advise.

Michaell

mark2015 said:

Hello all,
Would like to know if this a good deal, the cap cost seems ok, but I'm not getting the monthly numbers people have written about in this forum.

Base 428i convertible with heated seats.
MSRP including 925$ destination fee: 50200.
Discounted price 48000.
Prep fee: 135
Recent grad incentive: 1000
Holiday Credit: 1000
Total cost: 46135
Acquisition fee: 725
License/tag/registration: 854
Tax: 138
Zero down, rolling everything into the lease.
Drive 728$
39 month/15K. $672 per month excluding tax. (including Tax 728)

Please advise.

Base MF is .00130 and 39/15 residual is 58%. Using the $50,200 MSRP and net cap of $47,892, I get a pre-tax payment of $581.55.

Dealer seems to be inflating the MF on you. Have them check their math.

mark2015

Michaell said:

mark2015 said:

Hello all,
Would like to know if this a good deal, the cap cost seems ok, but I'm not getting the monthly numbers people have written about in this forum.

Base 428i convertible with heated seats.
MSRP including 925$ destination fee: 50200.
Discounted price 48000.
Prep fee: 135
Recent grad incentive: 1000
Holiday Credit: 1000
Total cost: 46135
Acquisition fee: 725
License/tag/registration: 854
Tax: 138
Zero down, rolling everything into the lease.
Drive 728$
39 month/15K. $672 per month excluding tax. (including Tax 728)

Please advise.

Base MF is .00130 and 39/15 residual is 58%. Using the $50,200 MSRP and net cap of $47,892, I get a pre-tax payment of $581.55.

Dealer seems to be inflating the MF on you. Have them check their math.

Thank you Michaell, I forgot to say that he is quoting me 0.00130 MF and 59% residual. Also he is charging me a 389$ document fee.
How are you calculating 581.55? can you share your formula so when I write him back I can explain or know how he is off? Where is this formula? when I plug these numbers into edmunds lease calculator I get a monthly fee of 647 tax included.
Very much appreciate your time into answering all these people's (including mine) questions.

Michaell

mark2015 said:

Michaell said:

mark2015 said:

Hello all,
Would like to know if this a good deal, the cap cost seems ok, but I'm not getting the monthly numbers people have written about in this forum.

Base 428i convertible with heated seats.
MSRP including 925$ destination fee: 50200.
Discounted price 48000.
Prep fee: 135
Recent grad incentive: 1000
Holiday Credit: 1000
Total cost: 46135
Acquisition fee: 725
License/tag/registration: 854
Tax: 138
Zero down, rolling everything into the lease.
Drive 728$
39 month/15K. $672 per month excluding tax. (including Tax 728)

Please advise.

Base MF is .00130 and 39/15 residual is 58%. Using the $50,200 MSRP and net cap of $47,892, I get a pre-tax payment of $581.55.

Dealer seems to be inflating the MF on you. Have them check their math.

Thank you Michaell, I forgot to say that he is quoting me 0.00130 MF and 59% residual. Also he is charging me a 389$ document fee.
How are you calculating 581.55? can you share your formula so when I write him back I can explain or know how he is off? Where is this formula? when I plug these numbers into edmunds lease calculator I get a monthly fee of 647 tax included.
Very much appreciate your time into answering all these people's (including mine) questions.

I've built my own spreadsheet ... it's nothing more complicated than 4th grade math.

The net cap is the total cost + acquisition fee + license/tag/reg + tax, since you indicated that all of those were being rolled into the lease.

My number is also pre-tax, since I don't know where you live and what the tax rate (or obligation) is.