2014 BMW 3-Series Lease Questions

kyfdx

rchflyer said:

What is the November residual and MF for the 2015 335i Xdrive GT ??
36 months 10k and 39 months 10k?

I see they also added a $1000 happier holiday cash incentive, anything else, like additional dealer hidden cash ?? I see on BMWUSA, All Credits valid through December 01, 2014 and also Credit allowance varies by model, through 1/2/15. What is the difference or is there a possibility of a program change in December ??

Thinking of changing programs as I wail for delivery, currently eligible for:

36 months 10K, 64% residual and .00129 MF and $500 innovations.

Thanks in advance,

.00130 MF and 62% residual for 36mo, 10K/yr. 63% residual for 39mo, 10K/yr. (yes.. the 39 month residual is higher). $1000 Holiday Credit.

rchflyer

.00130 MF and 62% residual for 36mo, 10K/yr. 63% residual for 39mo, 10K/yr. (yes.. the 39 month residual is higher). $1000 Holiday Credit.

Wow that's interesting…thanks for the information..

khungus

Michaell said:

Thanks for all of the information and help! When will 2014 model info for November be released? Generally, is there any benefit to a 39 mo lease over a 36 mo lease? I am negotiating a 2014 328.

we are hoping early next week for the 2014 numbers. 39 month lease specials often give you the same residual as a 36 month lease but you get 3 more payments.

Any word on the 2014 financials for November?  I believe its .00130 and 59% for 36/15K, but I am trying to figure out if the $1000 holiday cash can be used on 2014. If not, any other incentives?

Michaell

khungus said:

Michaell said:

khungus said:

Thanks for all of the information and help! When will 2014 model info for November be released?

Generally, is there any benefit to a 39 mo lease over a 36 mo lease? I am negotiating a 2014 328.

we are hoping early next week for the 2014 numbers.

39 month lease specials often give you the same residual as a 36 month lease but you get 3 more payments.

Any word on the 2014 financials for November?  I believe its .00130 and 59% for 36/15K, but I am trying to figure out if the $1000 holiday cash can be used on 2014. If not, any other incentives?

2014 models - .00130 MF for all.

320i, 320xi, 328xi, 328d, 328xd - 60% for 36/15

328i, 335i, 335xi - 59% for 36/15

Holiday cash:

320i, 320xi - $1000

328i, 328xi - $2000

328d, 328xd - $750 holiday cash, $1000 eco credit

335i, 335xi - $750

Doug Brown

How does this deal look?
2015 328xDrive, 39mo/15K
Ohio - 6.75% tax
MSRP: $52,550
Sell Price: 46795 (includes 1K holiday credit I believe)
Cap cost: $48,750.48
Acq: $725 (rolled in Cap)
Sales Tax: $1230.48 (rolled in Cap)
Resid: $31,530 - 60%
MF: .00081 (7 MSDs - $3500*)
Doc Fee: $250*
Title Fee: 88.50*
Cap Reduction $250*
Sales/Use on Doc I believe: 16.88*
Sales/Tax on Cap reduction: 16.88*
Initial Payment: $499.96*
Money Down: $4619.22 tagged with a * above for total

Let me know where I can do better or if this is good. THANKS!

Michaell

f1fan3 said:

How does this deal look?
2015 328xDrive, 39mo/15K
Ohio - 6.75% tax
MSRP: $52,550
Sell Price: 46795 (includes 1K holiday credit I believe)
Cap cost: $48,750.48
Acq: $725 (rolled in Cap)
Sales Tax: $1230.48 (rolled in Cap)
Resid: $31,530 - 60%
MF: .00081 (7 MSDs - $3500*)
Doc Fee: $250*
Title Fee: 88.50*
Cap Reduction $250*
Sales/Use on Doc I believe: 16.88*
Sales/Tax on Cap reduction: 16.88*
Initial Payment: $499.96*
Money Down: $4619.22 tagged with a * above for total

Let me know where I can do better or if this is good. THANKS!

The only way to improve the deal is to negotiate a better selling price .. but you're almost $6K off already.

$500/mo for a $52K car is pretty darn good.

fjabad

Hello, what is the MF and residual for a 2015 M3 for 12K and 24/36 months for the month of November? 

Thanks in advance! 

Michaell

fjabad said:

Hello, what is the MF and residual for a 2015 M3 for 12K and 24/36 months for the month of November? 

Thanks in advance! 

.00130 and 64% for 24/12 and 59% for 39/12. $1000 holiday credit.

kl72

Hi, I am about to the pull the trigger on the below. Can you confirm the numbers I have on this deal?

2014 i328 xDrive

MSRP: 46450 (inc acquisition)
Gross Cap Cost: 41335 (inc doc fees, title/Reg, tire, acquisition fee)

36/10 @ .0013 MF, 63% RV

$0 down, 36 payments of $427.10 before tax, $457.16 with Tax (7%)

Thanks!

Michaell

kl72 said:

Hi, I am about to the pull the trigger on the below. Can you confirm the numbers I have on this deal?

2014 i328 xDrive

MSRP: 46450 (inc acquisition)
Gross Cap Cost: 41335 (inc doc fees, title/Reg, tire, acquisition fee)

36/10 @ .0013 MF, 63% RV

$0 down, 36 payments of $427.10 before tax, $457.16 with Tax (7%)

Thanks!

I agree with your pre-tax payment, but adding 7% tax to that gives me a payment of $456.99.

What's 17 cents between friends?

kl72

Thanks, $456.99 matches my numbers exactly, so not sure where the dealer is mis-aligned here. Thanks!

burr23

Any thoughts on the below? What is the MF?
2014 328i Sedan
MSRP: $43,475
Selling: $37,770
Total Cap Cost: 41,580.42

36/10K $446 with $2000 down.
RV: 59%

Michaell

burr23 said:

Any thoughts on the below? What is the MF?
2014 328i Sedan
MSRP: $43,475
Selling: $37,770
Total Cap Cost: 41,580.42

36/10K $446 with $2000 down.
RV: 59%

I'm getting $419.11 pre-tax, so the $446 number seems pretty reasonable if your tax rate is 6.5%.

MF is .00130

burr23

Tax rate is 8.75. Taxes are $3314.42

Michaell

burr23 said:

Tax rate is 8.75. Taxes are $3314.42

What state is this? Tax obligations for leases vary based on where you live.

burr23

California.

Michaell

burr23 said:

California.

California taxes the monthly payment - what does the $3314.42 represent?

burr23

Michaell said:

burr23 said:

California.

California taxes the monthly payment - what does the $3314.42 represent?

Sorry. My error. That is the tax on the total selling price. Not relevant for lease.

Michaell

burr23 said:

Michaell said:

burr23 said:

California.

California taxes the monthly payment - what does the $3314.42 represent?

Sorry. My error. That is the tax on the total selling price. Not relevant for lease.

OK - you had me confused. There are a number of states that do tax the entire selling price for a lease and wanted to make sure you were or were not in one of those states.

petrohead_07

Finally pulled the trigger on the following deal:
2014 335i M-Sport with Tech Package, Premium Package, Driver Assistance Package, Sport AT and Harman Kardon sound system

MSRP $56150
Negotiated Selling Price: $48000
RV: 62%
MF: 0.00129

Paid for acquisition fee of $725, first month's lease, title and registration etc upfront.

Monthly payments: $514.51

Would appreciate comments on how I managed to do. Special thanks to Michaell and kyfdx for all the information available on this forum.

Michaell

petrohead_07 said:

Finally pulled the trigger on the following deal:
2014 335i M-Sport with Tech Package, Premium Package, Driver Assistance Package, Sport AT and Harman Kardon sound system

MSRP $56150
Negotiated Selling Price: $48000
RV: 62%
MF: 0.00129

Paid for acquisition fee of $725, first month's lease, title and registration etc upfront.

Monthly payments: $514.51

Would appreciate comments on how I managed to do. Special thanks to Michaell and kyfdx for all the information available on this forum.

Should I ever be in the market for a BMW, I may want to bring you along with me.

$8000 off sticker! Amazing. Base MF as well. Can't see how you could have done any better, other than using MSD to bring down the MF.

Enjoy!

pkelly944

Just got a new quote from BMW

2014 320i base w/ nav
MSRP: 35,850
36/10k
63%
.00130
Agreed Price: 33,015
Cap Cost reduction $500
w/ FL 7% tax: ~372.47

~$1681 in fees + 500 cap cost reduction + first month ~372.47 = ~2553 out of pocket

Thoughts?

Michaell

pkelly944 said:

Just got a new quote from BMW

2014 320i base w/ nav
MSRP: 35,850
36/10k
63%
.00130
Agreed Price: 33,015
Cap Cost reduction $500
w/ FL 7% tax: ~372.47

~$1681 in fees + 500 cap cost reduction + first month ~372.47 = ~2553 out of pocket

Thoughts?

Looks pretty good .. I'm getting $371.77 with your numbers, so close.

amsen

I have a deal on a 2014 328dxi.
MSRP $47,575
Negotiated Selling Price $40,952.69
I can use the eco credit 1000 + Holiday 750.
State: PA
consider if i don't do MSDs, what would be the monthly payment for 39/12k?

Thanks in advance.

Michaell

amsen said:

I have a deal on a 2014 328dxi.
MSRP $47,575
Negotiated Selling Price $40,952.69
I can use the eco credit 1000 + Holiday 750.
State: PA
consider if i don't do MSDs, what would be the monthly payment for 39/12k?

Thanks in advance.

.00130 and 62% for 36/12.

With your MSRP and selling price (which I assume already includes the $1750 in credits), I get a pre-tax payment of $410.30.

eddie_yvp

Looking at a 2014 335i xDrive with manual transmission that is sitting on a dealer's lot (Wash DC area). Can you give me the lease rates for 10K miles per year? Thanks in advance.

amsen

Thanks Michaell

Michaell said:

amsen said:

I have a deal on a 2014 328dxi.
MSRP $47,575
Negotiated Selling Price $40,952.69
I can use the eco credit 1000 + Holiday 750.
State: PA
consider if i don't do MSDs, what would be the monthly payment for 39/12k?

Thanks in advance.

.00130 and 62% for 36/12.

With your MSRP and selling price (which I assume already includes the $1750 in credits), I get a pre-tax payment of $410.30.

Michaell

eddie_yvp said:

Looking at a 2014 335i xDrive with manual transmission that is sitting on a dealer's lot (Wash DC area). Can you give me the lease rates for 10K miles per year? Thanks in advance.

.00130 and 62% for 36 months, 10K miles per year. $750 holiday cash.

cbw14

Looking at 2014 328i sedan in Florida - May I get the MF and lease rates for 36/12 - Thanks for your help.

Michaell

cbw14 said:

Looking at 2014 328i sedan in Florida - May I get the MF and lease rates for 36/12 - Thanks for your help.

.00130 and 61%. $2000 holiday cash.

kyfdx

cbw14 said:

Looking at 2014 328i sedan in Florida - May I get the MF and lease rates for 36/12 - Thanks for your help.

.00130 MF and 61% residual. $2000 Holiday credit.

burr23

To share with everyone what I ended up with:
2014 328i
MSRP $43,500
Selling: $37700
MF: .00130
State: CA

Paid $2000 to walk out and included first payment.
Monthly after tax: $415.32

Michaell

burr23 said:

To share with everyone what I ended up with:
2014 328i
MSRP $43,500
Selling: $37700
MF: .00130
State: CA

Paid $2000 to walk out and included first payment.
Monthly after tax: $415.32

Nice deal. Enjoy!

burr23

Michaell said:

Nice deal. Enjoy!

Thanks to people here like you is what made it work for me with all the info being discussed.

docjohn1

Spoke to a dealer in Tx and these are the numbers I am getting.

Getting a 2014 BMW 335i 36month/ 12Kper year
- Black, m sport; navigation, driver assistance package, premium package, Carbon spoiler, 19 inch
-
MSRP: 56,025
Negotiated price: 49,920

Total cash due at signing including first month payment + all other expenses: $4000
Monthly payment : $607.84 x 35 payments
Money factor: 0.00170


Is this a good deal for a 2014 model. Is there room for more negotiation?

Michaell

docjohn1 said:

Spoke to a dealer in Tx and these are the numbers I am getting.

Getting a 2014 BMW 335i 36month/ 12Kper year
- Black, m sport; navigation, driver assistance package, premium package, Carbon spoiler, 19 inch
-
MSRP: 56,025
Negotiated price: 49,920

Total cash due at signing including first month payment + all other expenses: $4000
Monthly payment : $607.84 x 35 payments
Money factor: 0.00170

Is this a good deal for a 2014 model. Is there room for more negotiation?

A couple of points ... the MF of .00170 is marked up the maximum allowed by the dealer - the base rate is .00130.

The sales price represents a healthy discount from sticker.

And, I assume that the $4000 up front includes all your taxes .. in Texas, the entire purchase price ($49,920) is subject to sales tax.

Work to get the base MF, and open negotiations with a second dealer if you have to - a little competition is good for the soul. And your checkbook.

jandrew718

Looking at 320i vs 328i both 2014/2015 models in TN. May I get the MF and lease rates for 36/12? Incentives? Thanks in advance!!

Michaell

jandrew718 said:

Looking at 320i vs 328i both 2014/2015 models in TN. May I get the MF and lease rates for 36/12? Incentives? Thanks in advance!!

All models have .00130 MF this month

2014 320i - 62%. $1000 holiday credit.

2014 328i - 61%. $2000 holiday credit.

2015 320i - 61% for 39/12. $1000 holiday credit

2015 328i - 62% for 39/12. $1000 holiday credit

flzrider

I have the following deal ready to go but figured I'd check with you guys to see what you think:

2014 320i

36 month, 15k miles/year lease

-MSRP: $40,265
-Sale price: $34,265
-Capitalized cost: $34,990 ($34,265 + $725 acquisition fee)
-MF: .00150
-Residual: 60%
-Down payment: $944 (1st month payment + $200 document fee + $329 title/reg)

Monthly payment including 6% FL sales tax: $415/month

I know the MF is higher than the base .00130, but I am getting the car under invoice and it has been the most competitive quote I've received yet.

eddie_yvp

To those with experience leasing BMW's - is the lease residual value fairly close to the market value at the end of the term or does BMW typically inflate the residual value to provide for a better deal?

I was looking to lease a 335i xdrive. MSRP is $55,250 with a negotiated price of $48,230 (including destination and processing but excluding acquisition fee, taxes, tags). I'm getting the terms quoted here for a 10K miles per year lease - .00130 MF and 62% residual - so a payment just under $500.

Seems like a good deal but now debating between purchasing and leasing. Assuming I want to keep the car 3 years either way, the lease only comes out on top from a total cost of ownership standpoint if the actual market value of the car in 3 years is $3K or so less than the lease residual value of $34,255. Note that my definition of market value would be somewhere between trade in value and private party sale.

Any thoughts on this residual value versus market value would be helpful. Thanks in advance.

Michaell

flzrider said:

I have the following deal ready to go but figured I'd check with you guys to see what you think:

2014 320i

36 month, 15k miles/year lease

-MSRP: $40,265
-Sale price: $34,265
-Capitalized cost: $34,990 ($34,265 + $725 acquisition fee)
-MF: .00150
-Residual: 60%
-Down payment: $944 (1st month payment + $200 document fee + $329 title/reg)

Monthly payment including 6% FL sales tax: $415/month

I know the MF is higher than the base .00130, but I am getting the car under invoice and it has been the most competitive quote I've received yet.

Dealers often give you a better number on either the sale price or the MF .. you should try to shoot for both. Perhaps opening talks with a second BMW dealer will get them to make a deal using the base MF of .00130.

At the moment, it's a good deal, but there might be a bit more room to bring the payment down.

Michaell

eddie_yvp said:

To those with experience leasing BMW's - is the lease residual value fairly close to the market value at the end of the term or does BMW typically inflate the residual value to provide for a better deal?

I was looking to lease a 335i xdrive. MSRP is $55,250 with a negotiated price of $48,230 (including destination and processing but excluding acquisition fee, taxes, tags). I'm getting the terms quoted here for a 10K miles per year lease - .00130 MF and 62% residual - so a payment just under $500.

Seems like a good deal but now debating between purchasing and leasing. Assuming I want to keep the car 3 years either way, the lease only comes out on top from a total cost of ownership standpoint if the actual market value of the car in 3 years is $3K or so less than the lease residual value of $34,255. Note that my definition of market value would be somewhere between trade in value and private party sale.

Any thoughts on this residual value versus market value would be helpful. Thanks in advance.

BMW often inflates their residuals to make for more attractive lease payments. This usually results in the lease end residual being higher than the actual market value. I suspect BMW does this to get you to re-lease another car when the first lease is up.

eddie_yvp

Michaell said:

eddie_yvp said:

Looking at a 2014 335i xDrive with manual transmission that is sitting on a dealer's lot (Wash DC area). Can you give me the lease rates for 10K miles per year? Thanks in advance.

.00130 and 62% for 36 months, 10K miles per year. $750 holiday cash.

Any better deals with a 39 month lease right now?

kyfdx

eddie_yvp said:

Michaell said:

eddie_yvp said:

Looking at a 2014 335i xDrive with manual transmission that is sitting on a dealer's lot (Wash DC area). Can you give me the lease rates for 10K miles per year? Thanks in advance.

.00130 and 62% for 36 months, 10K miles per year. $750 holiday cash.

Any better deals with a 39 month lease right now?

Not on the 2014 model.

rchflyer

Do these numbers sound right as I am thinking of doing the MSD program…so here is the scenario.

MSRP.64825
Selling price. 59699 (7.9% reduction)
Fees. 1122.50 (ACQ 750,DMV 147.50 Proc. 250, all rolled in)
Sales tax 2457.30 (rolled in VA)
Rebate 1000 (holiday cash)

Net Cap cost. 62278.80

Money Factor .00130
Residual 63% (39 month 10k)

#1 no MSD payment $683.77 (683.77 due @ signing)

#2 7 MSD payment $633.25 (633.25 + $4550 msd's = 5183.25 @ signing)


So #2 saves $1971(~$50 a month) over the term for a $4550 investment upfront which should/will be returned at the end? And how do I figure out what type of return is that for 39 months?

This is for a 2015 335i xdrive GT, M sport.

Thanks in advance.

kyfdx

rchflyer said:

Do these numbers sound right as I am thinking of doing the MSD program…so here is the scenario.

MSRP.64825
Selling price. 59699 (7.9% reduction)
Fees. 1122.50 (ACQ 750,DMV 147.50 Proc. 250, all rolled in)
Sales tax 2457.30 (rolled in VA)
Rebate 1000 (holiday cash)

Net Cap cost. 62278.80

Money Factor .00130
Residual 63% (39 month 10k)

#1 no MSD payment $683.77 (683.77 due @ signing)

#2 7 MSD payment $633.25 (633.25 + $4550 msd's = 5183.25 @ signing)


So #2 saves $1971(~$50 a month) over the term for a $4550 investment upfront which should/will be returned at the end? And how do I figure out what type of return is that for 39 months?

This is for a 2015 335i xdrive GT, M sport.

Thanks in advance.

$1971 divided by $4550 = .433 divided by 3.25 yrs = 13.3% annual return on the $4550.

cd98

hi, I am totally new to this and would appreciate your help on my questions.

Trying to decide if I want to buy a new Audi Q3 or lease a BMW 320xi.

There is a 2014 BMW 320xi on the local lot with MSRP $37170 and advertised price $32550. Is there more room for price negotiation?

If I want to lease this one for 36 months, 15K miles per year, what kind of number should I target? Not familiar with lease terms used here.

thank you

Michaell

cd98 said:

hi, I am totally new to this and would appreciate your help on my questions.

Trying to decide if I want to buy a new Audi Q3 or lease a BMW 320xi.

There is a 2014 BMW 320xi on the local lot with MSRP $37170 and advertised price $32550. Is there more room for price negotiation?

If I want to lease this one for 36 months, 15K miles per year, what kind of number should I target? Not familiar with lease terms used here.

thank you

.00130 MF and 60% for 36/15. $1000 holiday cash, which I suspect is already factored into the $32,550 quote from your dealer. Not sure you can do much better than that.

With the numbers you've provided, I get a pre-tax payment of $355.97. This excludes any taxes or fees which, depending on where you live, you can roll into the price.

I would recommend you review the articles on this site as a place to begin your research about leasing:

http://www.edmunds.com/car-leasing/

cd98

Michaell, thank you very much!

Your number is pretty much spot on. You are good

Anyway, here is the number I got.

MSRP 37170
selling price 32550
document fee 80
acquisiton fee 925
license fee 322
cap fee 22

60% residue, .0013 MF payment is $356.82 plus tax

but they want $1813 up front, which include the first month payment. But what the other $1424 for?

Is it a good deal? thank you for your input.

Michaell

cd98 said:

Michaell, thank you very much!

Your number is pretty much spot on. You are good

Anyway, here is the number I got.

MSRP 37170
selling price 32550
document fee 80
acquisiton fee 925
license fee 322
cap fee 22

60% residue, .0013 MF payment is $356.82 plus tax

but they want $1813 up front, which include the first month payment. But what the other $1424 for?

Is it a good deal? thank you for your input.

If you add up the doc fee, acq fee, license fee and cap fee, you get $1349. The acquisition fee, for what it's worth, is marked up - the base fee from BMW is $725.

You are getting a good discount from sticker and the base MF - not much improvement to be had.