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2014 BMW 3-Series Lease Questions

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  • kyfdxkyfdx Moderator Posts: 266,807

    @davidjacksn said:
    Michaell - Thank you for explaining.

    Here is what BMW is currently offering for a 2014 328i. Is this a good deal?

    MSRP: $48,269.00

    Selling Price: $42,993.00

    Residual: 61%

    MF: .00130

    36 month 10k/yr

    $0 down other than first payment

    Payment: $552/month

    Thanks!!

    Adding in $725 for the acquisition fee, I get $492/mo. Of course, there would be title/registration and sales tax.. I don't know where you live or what those variables are, but it looks like a decent deal.. There is a $1500 incentive, so your price before incentive is around $44,500.. A good 7% off MSRP, then minute the incentive... seems like a good price.

    I'd be inclined to wait until tomorrow, though.. I get the feeling that incentives might go up..

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  • xyz126xyz126 Member Posts: 3
    edited July 2014

    I see incentives have improved for July: $2000 for 328i and $1750 for 335i. Do residuals / money factor stay the same? The advertised payments only went down by $10 so I assume they are unchanged.

    Edit: I forgot to look at the fine print. It looks like residual and MF are the same as last month.

  • deans519deans519 Member Posts: 1

    Where can i find this information? I am currently in the process of negotiating a 2014 328i Xdrive and it will be useful to have

  • davidjacksndavidjacksn Member Posts: 6

    @kyfdx - Thank you! I took your advice and waited. Glad I did!

  • xyz126xyz126 Member Posts: 3

    @deans519 said:
    Where can i find this information? I am currently in the process of negotiating a 2014 328i Xdrive and it will be useful to have

    bmwusa.com or wait for kyfdx to reply :smile:

  • betrayedsoupbetrayedsoup Member Posts: 23

    I Ordered my 328 in June when BMW offered a $1500 credit. It will be delivered in September from South Africa. BMW is offering $2000 "build out cash" for July. will I be eligible for that incentive or am I subject to the programs BMW will be running when mine arrives? From my understanding I've locked in July's programs however if they get better I'm eligible. Hope my question isn't too confusing. Thanks.

  • mwgdcmwgdc Member Posts: 6
    edited July 2014

    With new factors for July 328ixdrive sedan
    MSRP:48275
    Premium, CW, DA, Nav, and Xenon
    Cap Cost: 42145 inc 2000 support
    36 mos 12 K
    Fees, 1st, MV down
    $451 month
    New residual is 63% I believe
    How does this sound?

  • kyfdxkyfdx Moderator Posts: 266,807

    @xyz126 said:
    I see incentives have improved for July: $2000 for 328i and $1750 for 335i. Do residuals / money factor stay the same? The advertised payments only went down by $10 so I assume they are unchanged.

    Edit: I forgot to look at the fine print. It looks like residual and MF are the same as last month.

    The 328i residual is up 2%, as well... 335i residual is the same.

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  • kyfdxkyfdx Moderator Posts: 266,807

    @deans519 said:
    Where can i find this information? I am currently in the process of negotiating a 2014 328i Xdrive and it will be useful to have

    .00130 MF and 61% residual for 36mo, 15K/yr. $2000 build out cash.

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  • kyfdxkyfdx Moderator Posts: 266,807

    @betrayedsoup said:
    I Ordered my 328 in June when BMW offered a $1500 credit. It will be delivered in September from South Africa. BMW is offering $2000 "build out cash" for July. will I be eligible for that incentive or am I subject to the programs BMW will be running when mine arrives? From my understanding I've locked in July's programs however if they get better I'm eligible. Hope my question isn't too confusing. Thanks.

    If you ordered last month, didn't you lock-in June's program, not July? I think there are special lock-in terms for cars from SA, but I'm not sure how long... Usually, the dealer will let you use the terms that are most favorable (now, or then), but they aren't required to. Keep in mind, you have to use the whole program. You can't use build out cash from one month, and the residuals/money factors from another. It's all or nothing.

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  • kyfdxkyfdx Moderator Posts: 266,807

    @mwgdc said:
    With new factors for July 328ixdrive sedan
    MSRP:48275
    Premium, CW, DA, Nav, and Xenon
    Cap Cost: 42145 inc 2000 support
    36 mos 12 K
    Fees, 1st, MV down
    $451 month
    New residual is 63% I believe
    How does this sound?

    Those are the correct lease variables..

    I get $420/mo. Maybe, the other $31/mo. is tax? If so, looks like a great deal.

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  • mwgdcmwgdc Member Posts: 6
    edited July 2014

    Sorry, that is with tax included, NJ 7%

    Thanks for advice

  • betrayedsoupbetrayedsoup Member Posts: 23

    @kyfdx said:
    If you ordered last month, didn't you lock-in June's program, not July? I think there are special lock-in terms for cars from SA, but I'm not sure how long... Usually, the dealer will let you use the terms that are most favorable (now, or then), but they aren't required to. Keep in mind, you have to use the whole program. You can't use build out cash from one month, and the residuals/money factors from another. It's all or nothing.

    You;re right, I meant I locked in Junes programs. So I wouldn't be able to ask for July's programs instead? The program I get is either from the month I agree to terms or the month the vehicle arrives, whichever's more favorable?

  • bbell40941bbell40941 Member Posts: 20

    Hi, can you please advise as to the new residual, MF, and "option incentives" for July on a 328i RWD? Are the numbers different for a 328i xdrive, and if so, what are they? Also, I thought I noticed on the "Build Your Own" link on the BMW Website that the Transportation charge went up $25 - not a big deal, but did anybody else notice?

  • MichaellMichaell Moderator Posts: 263,090

    @bbell40941 said:
    Hi, can you please advise as to the new residual, MF, and "option incentives" for July on a 328i RWD? Are the numbers different for a 328i xdrive, and if so, what are they? Also, I thought I noticed on the "Build Your Own" link on the BMW Website that the Transportation charge went up $25 - not a big deal, but did anybody else notice?

    What lease term and how many miles per year?

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  • MichaellMichaell Moderator Posts: 263,090

    @betrayedsoup said:
    You;re right, I meant I locked in Junes programs. So I wouldn't be able to ask for July's programs instead? The program I get is either from the month I agree to terms or the month the vehicle arrives, whichever's more favorable?

    I've always understood it to be that way - you'll get whichever program is more favorable to you. However, the numbers from BMW haven't changed very much over the last several months, so I'm not sure there will be a big difference from June to July either.

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  • bbell40941bbell40941 Member Posts: 20

    Duh, sorry! 36 mod, 12K miles per year.> @Michaell said:

    What lease term and how many miles per year?

  • gigabertzgigabertz Member Posts: 5

    Locked in 63% and 0.00130 on a 328i GT for 36/12k, last month. Picking up this Friday. Are there any changes this month?

    Also, about how long does the whole process take from arriving at the dealership to actually driving off? I ask because I will be going with a group and I don't want them to be waiting around an unreasonable amount of time.

  • kyfdxkyfdx Moderator Posts: 266,807

    @betrayedsoup said:
    You;re right, I meant I locked in Junes programs. So I wouldn't be able to ask for July's programs instead? The program I get is either from the month I agree to terms or the month the vehicle arrives, whichever's more favorable?

    That's correct... It's possible that your dealer might let you re-lock with July's numbers, but that means you can never go back to June... and, that might be your final lock, giving up the opportunity for better numbers in the future. (which would be up to the dealer)

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  • kyfdxkyfdx Moderator Posts: 266,807
    edited July 2014

    @bbell40941 said:
    Hi, can you please advise as to the new residual, MF, and "option incentives" for July on a 328i RWD? Are the numbers different for a 328i xdrive, and if so, what are they? Also, I thought I noticed on the "Build Your Own" link on the BMW Website that the Transportation charge went up $25 - not a big deal, but did anybody else notice? 36mo, 12K/yr

    .00130 MF and 62% residual. $2000 build out cash. 63% for xDrive

    The MSRP numbers on cars currently on the lot won't change, regardless of the new prices.

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  • kyfdxkyfdx Moderator Posts: 266,807

    @gigabertz said:
    Locked in 63% and 0.00130 on a 328i GT for 36/12k, last month. Picking up this Friday. Are there any changes this month?

    Also, about how long does the whole process take from arriving at the dealership to actually driving off? I ask because I will be going with a group and I don't want them to be waiting around an unreasonable amount of time.

    .00130 MF and 63% residual. $1000 build out cash.

    I'd allow 2 hours, and that's if everything goes as planned... I wouldn't take anyone that has to wait on me.

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  • electricfireelectricfire Member Posts: 3

    Can anyone please tell me what the July residual and MF is for 2015MY 320i at 10k/year miles?

  • tdbrphtdbrph Member Posts: 40

    Hello looking for 328i residual and MF info. Any sweet spots like a 27 month or 30 month lease? Thanks in advance

    Triston

  • kyfdxkyfdx Moderator Posts: 266,807

    @electricfire said:
    Can anyone please tell me what the July residual and MF is for 2015MY 320i at 10k/year

    miles?

    2015 numbers aren't out yet.

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  • kyfdxkyfdx Moderator Posts: 266,807

    @tdbrph said:
    Hello looking for 328i residual and MF info. Any sweet spots like a 27 month or 30 month lease? Thanks in advance

    Triston

    .00130 MF and 60% residual for 36mo, 15K/yr. $2000 build out cash. No terms that are any better than the standard 36 months.

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  • willyc1willyc1 Member Posts: 22

    Could someone please tell me what a "build out cash" is? Is it the same as a bonus cash and how is it factored in a lease calculation? Thanks!

  • kyfdxkyfdx Moderator Posts: 266,807

    @willyc1 said:
    Could someone please tell me what a "build out cash" is? Is it the same as a bonus cash and how is it factored in a lease calculation? Thanks!

    It's just a label... but, it's an incentive you can use to lower the selling price of the vehicle.

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  • tdbrphtdbrph Member Posts: 40

    So 10k miles per year 63% ?

  • MichaellMichaell Moderator Posts: 263,090

    @tdbrph said:
    So 10k miles per year 63% ?

    Yes.

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  • hx_guyhx_guy Member Posts: 41
    Hi, can someone please tell me the residual and MF for a new 328d Wagon? Thanks.
  • MichaellMichaell Moderator Posts: 263,090

    @hx_guy said:
    Hi, can someone please tell me the residual and MF for a new 328d Wagon? Thanks.

    What lease term and how many miles per year?

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  • hx_guyhx_guy Member Posts: 41

    Sorry! should have said.

    36 months (I believe that's the sweet spot?) and if you have 10k and 15k that would to be great.

  • hx_guyhx_guy Member Posts: 41

    @hx_guy said:
    Sorry! should have said.

    36 months (I believe that's the sweet spot?) and if you have 10k and 15k that would to be great.

    Working the numbers backwards from BMWs online lease offers, it looks like the residual is 63% for the wagon and 64% for the sedan ( diesels 36 month 10k miles), is that correct? How much does it drop to with 15k miles?

    Is the MF still 0.0013?

    Thanks again.

  • MichaellMichaell Moderator Posts: 263,090

    @hx_guy said:
    Working the numbers backwards from BMWs online lease offers, it looks like the residual is 63% for the wagon and 64% for the sedan ( diesels 36 month 10k miles), is that correct? How much does it drop to with 15k miles?

    Is the MF still 0.0013?

    Thanks again.

    Subtract 3% from the residual to go from 10K to 15K. And yes, your residual estimates are spot on with the numbers we have for July.

    MF is still .00130 across the board.

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  • tdbrphtdbrph Member Posts: 40

    Thanks for all the help!

  • hx_guyhx_guy Member Posts: 41

    Good stuff.

    Do you happen to know what the figures are for the i3? Residual looks pretty terrible (46%) doing the math backwards, but is the MF still the same?

  • hx_guyhx_guy Member Posts: 41
    edited July 2014

    One more thing if you don't mind...do you know which of BMWs car's has the highest residual right now and best money factor? Looks like the 228i Coupe is at 66% which is pretty dang good and advertised monthly of $309 so the MF must be pretty good too (33 month lease).

  • kyfdxkyfdx Moderator Posts: 266,807

    @hx_guy said:
    Good stuff.

    Do you happen to know what the figures are for the i3? Residual looks pretty terrible (46%) doing the math backwards, but is the MF still the same?

    We don't have all of the BMW info for this month... missing the numbers for the i3

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  • kyfdxkyfdx Moderator Posts: 266,807

    @hx_guy said:
    One more thing if you don't mind...do you know which of BMWs car's has the highest residual right now and best money factor? Looks like the 228i Coupe is at 66% which is pretty dang good and advertised monthly of $309 so the MF must be pretty good too (33 month lease).

    Just about every BMW has a money factor of .00130.

    The best residuals are probably various 3-series configurations.. about half of which have 64% residuals for 36mo, 10K/yr.. 4-series convertibles are 66% for 36mo, 10K/yr.

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  • talbotyancytalbotyancy Member Posts: 13
    edited July 2014

    @nyccarguy @‌ Michaell

    Turns out the car I wanted sold the night before. It also turned out the two BMW dealerships in Oklahoma were not owned by the same company. So when I called the OKC one and they had something similar to what I was looking for in stock, the sales manager in Tulsa (who was extremely polite and helpful) said he'd make me a killer deal not to leave.

    I ended up getting an M Sport with more options than I was looking for, MSRP $62,919, for $54,409 +$925 acquisition. Being way over on my miles, I had 4000 of negative equity to put into the lease. I also signed up for $1,000 of credit for test driving on Saturday the 28th. And I financed $1880 TTL. They never told me the final MF, but using my $751.32 payment and working backward, I came up with approximately .00102. This is a 15k lease.

    If it weren't for the 4000 of negative equity, the payment, if I'm figuring it correctly, would have been $640.55. $8510 discount + $1000 test drive discount = $9510 off, which feels like a pretty good deal. Thoughts?

  • nyccarguynyccarguy Member Posts: 17,521

    Close to $10K off sticker says it all! Even with your $4K in negative equity you did well! Enjoy!

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • Patelshivam94Patelshivam94 Member Posts: 73
    Can I get the numbers please for 2014 328i xDrive Used 5,582 miles.

    36 months / 15k miles per year.

    Thanks, in advance.
  • kyfdxkyfdx Moderator Posts: 266,807

    @Patelshivam94 said:
    Can I get the numbers please for 2014 328i xDrive Used 5,582 miles.

    36 months / 15k miles per year.

    Thanks, in advance.

    .00130 MF and 61% for a new unit. Is it used, or just a demo/loaner? If it really is used, then it probably won't qualify for that program.. If it's demo, subtract about $1500 from the new unit residual.

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  • tdbrphtdbrph Member Posts: 40

    Any thoughts on target price for 2014 328i with MSRP:$47,975. Options include M-Sport, Dynamic Handling, Lighting Package, Nav, Moonroof, M-Sport brakes and Heated seats?

  • MichaellMichaell Moderator Posts: 263,090

    @tdbrph said:
    Any thoughts on target price for 2014 328i with MSRP:$47,975. Options include M-Sport, Dynamic Handling, Lighting Package, Nav, Moonroof, M-Sport brakes and Heated seats?

    Use the pricing tools at the top of the page to determine your target price ... I would think invoice minus incentives would be a good start.

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  • davidjacksndavidjacksn Member Posts: 6
    Any feedback would be great!

    2014 320i
    MSRP: $38,525
    Selling Price: $35,505
    Residual: 64%
    MF: .00130
    36 month 10k/yr
    Sales Tax: 8.1%
    $0 down other than first payment
    Payment: $480/month

    Feel the selling price is a little high still. Thoughts?

    Thanks!!
  • MichaellMichaell Moderator Posts: 263,090

    @davidjacksn said:
    Any feedback would be great!

    2014 320i
    MSRP: $38,525
    Selling Price: $35,505
    Residual: 64%
    MF: .00130
    36 month 10k/yr
    Sales Tax: 8.1%
    $0 down other than first payment
    Payment: $480/month

    Feel the selling price is a little high still. Thoughts?

    Thanks!!

    Base MF, which is good.

    However, when I plug your numbers in, I get a pre-tax payment of $379.57; with the 8.1% tax added, the payment rises to $410.32

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  • davidjacksndavidjacksn Member Posts: 6

    @> @Michaell said:

    However, when I plug your numbers in, I get a pre-tax payment of $379.57; with the 8.1% tax added, the payment rises to $410.32

    Could it be the taxes, title, doc fees, and registration that is causing the difference? That's a $2500+ difference, does that sound right?

  • MichaellMichaell Moderator Posts: 263,090

    @davidjacksn said:
    @> Michaell said:
    Could it be the taxes, title, doc fees, and registration that is causing the difference? That's a $2500+ difference, does that sound right?

    If your selling price is before taxes, fees, etc., then yes. 2500/36 is $69/mo, give or take.

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  • stef3stef3 Member Posts: 25
    edited July 2014

    Hi Guys, I really need some help to make up my mind.

    I am negotiating a 328d in Southern California (TAX rate 8.25%)
    Base - $38600
    Destination fee - $925
    Premium package - $3100
    Heated seats - $500
    Navigation - $2150
    Total MSRP - $45275

    Deal offered:
    36 months
    15000 miles/year
    Total out of pocket - $1729.40
    Monthly - $440 + TAX(8.25%) = $476.3

    Please somebody run these numbers for me and advise if I can do better.
    Thank you.

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