2014 BMW 5-Series Lease Questions

crni123

I dealt with BMW Fort Myers. The salesman Pat B[non permissible content removed] was great. Everything done over email or phone and only took 30 min when I arrived to complete paperwork and go over car. The best car buying experience I ever had. I had never used the forum before but it would not have been possible without their great information. If you call there let him know I sent you. Gary G.

Kirstie_H

A reporter would like to speak to a recent car shopper who has shopped on their mobile device while on a dealer's lot. If this is you, and you'd like to share your story, please send your daytime contact info to pr@edmunds.com no later than 1 p.m. PT/4 p.m. ET on Thursday, 9/11/14.

Michaell

@crni123 said:
I dealt with BMW Fort Myers. The salesman Pat B[non permissible content removed] was great. Everything done over email or phone and only took 30 min when I arrived to complete paperwork and go over car. The best car buying experience I ever had. I had never used the forum before but it would not have been possible without their great information. If you call there let him know I sent you. Gary G.

Please, no salesman last names. I've edited your post to remove the non-permitted content

myhal1582

anyone have the residual and MF on a 2015 BMW 535i x drive

kyfdx

myhal1582 said:

anyone have the residual and MF on a 2015 BMW 535i x drive

.00129 MF and 59% residual for 36mo, 15K/yr. $1000 Innovation Credit

Patelshivam94

Can I get the MF and Residual please for 2014 535i xDrive GT

3 years/ 15k miles.

Thank You. 

Michaell

Patelshivam94 said:

Can I get the MF and Residual please for 2014 535i xDrive GT

3 years/ 15k miles.

Thank You. 

.00129 MF and 58%. $1500 innovation cash this month.

ropaul

Can I please get the MF and Residual for 2014 535d, 3 years/12k miles?
Any difference in residual between xDrive vs. RWD models?

Michaell

ropaul said:

Can I please get the MF and Residual for 2014 535d, 3 years/12k miles?
Any difference in residual between xDrive vs. RWD models?

.00129 and 59% for both xDrive and RWD - $1500 innovation credit and $1000 eco credit.

storrk1

Hi guys. Can I please get mf and residual for 2014 and2015 m5? 10k 36 mos. can you also confirm 2500 incentive is still in place for 2014s? Many thanks

kyfdx

storrk1 said:

Hi guys. Can I please get mf and residual for 2014 and2015 m5? 10k 36 mos. can you also confirm 2500 incentive is still in place for 2014s? Many thanks

2014: .00129 MF and 60% residual with $2500 Innovation Credit.
2015: .00129 MF and 61% residual with $1000 Innovation Credit (not including 30th anniv. edition)

storrk1

Thanks!

kyfdx said:

storrk1 said:

Hi guys. Can I please get mf and residual for 2014 and2015 m5? 10k 36 mos. can you also confirm 2500 incentive is still in place for 2014s? Many thanks

2014: .00129 MF and 60% residual with $2500 Innovation Credit.
2015: .00129 MF and 61% residual with $1000 Innovation Credit (not including 30th anniv. edition)

bobfrapples

kyfdx said:

@bobfrapples said:
Tax is 9% here. And yes, thanks for confirming that the shady dealer is making me pay extra upfront amount.

Can you run the math for me using:
RV 62%
MF .0013
MSRP $62,825
Selling price $52,825, and
Drive-off (1st month, acq, title & registration) $2100.

What would be the monthly payment including tax?

This is essentially $2000 less than offer that yielded $599/month. Wonder how that affects the payment?

Anyone have thoughts on this deal?

$505/mo. + 9% tax = $550/mo.

I was able to get this deal. $550/month including tax for a 2014 535i M-Sport with premium package, rear view camera, and PDC. All the numbers are within a few bucks of what was estimated above. I think I did quite well, but there could have been a few more hundred dollars left on the table if I wanted to squeeze every last bit out. Thanks for your help on this forum!

kyfdx

Congrats on the new car!

xman117

can you guys provide feedback on below deal:
1. 2014 535d with driver assistance pack and premium pack
2. MSRP $61875
3. selling price $ 52224
4. 3 year/12K lease
5. MF 0.00169, with 7 MSD to 0.0012
6. residual 59%
7. monthly payment $669 with tax (Texas)
8. total cash up front $6543, including 7 MSD plus 1 standard, plus first month and registration fee

is this good deal overall? thanks

Michaell

xman117 said:

can you guys provide feedback on below deal:
1. 2014 535d with driver assistance pack and premium pack
2. MSRP $61875
3. selling price $ 52224
4. 3 year/12K lease
5. MF 0.00169, with 7 MSD to 0.0012
6. residual 59%
7. monthly payment $669 with tax (Texas)
8. total cash up front $6543, including 7 MSD plus 1 standard, plus first month and registration fee

is this good deal overall? thanks

Base MF is .00129, so the dealer is marking that up on you for extra profit.

The tax obligation in Texas for leases is onerous and will inflate your payment greatly, unless the dealer offers you a tax credit to offset.

xman117

Michaell said:

xman117 said:

can you guys provide feedback on below deal:
1. 2014 535d with driver assistance pack and premium pack
2. MSRP $61875
3. selling price $ 52224
4. 3 year/12K lease
5. MF 0.00169, with 7 MSD to 0.0012
6. residual 59%
7. monthly payment $669 with tax (Texas)
8. total cash up front $6543, including 7 MSD plus 1 standard, plus first month and registration fee

is this good deal overall? thanks

Base MF is .00129, so the dealer is marking that up on you for extra profit.

The tax obligation in Texas for leases is onerous and will inflate your payment greatly, unless the dealer offers you a tax credit to offset.

thanks,

jswanson2

Trying to lease a 2014 528xi (36 month, 12k miles per year) with an MSRP of $57,425. I got the dealer down to $470/month (includes 6% tax) with $3875 for inception fees broken down as follows:

First Payment: $470 (includes tax)
License fees: $250
BMW Bank Fee: $975 (includes tax)
Tax on downpayment: $180
Down payment: $2000

Is this a good deal or do you think I should be getting them down lower?

e90m

Hello! Was hoping you could post the MF/Res for a 2014 550i sedan. Looking for 36/10k. Also, was wondering if BMWFS does 7,.500 mile leases.

Thanks much in advance!

Michaell

jswanson2 said:

Trying to lease a 2014 528xi (36 month, 12k miles per year) with an MSRP of $57,425. I got the dealer down to $470/month (includes 6% tax) with $3875 for inception fees broken down as follows:

First Payment: $470 (includes tax)
License fees: $250
BMW Bank Fee: $975 (includes tax)
Tax on downpayment: $180
Down payment: $2000

Is this a good deal or do you think I should be getting them down lower?

Hard to say ... what is the negotiated selling price?

We are not fans of making a down payment on a lease .. if the car is stolen or totaled, you are out the money. $2000 would increase your payment by about $56/mo ($59 with tax) - $530 or so. Still a great payment on a $57K car.

You should look into making MSDs to lower your MF.

Michaell

e90m said:

Hello! Was hoping you could post the MF/Res for a 2014 550i sedan. Looking for 36/10k. Also, was wondering if BMWFS does 7,.500 mile leases.

Thanks much in advance!

.00129 MF and 61% for 36/10. $1500 innovations credit this month.

If 7500 miles are available, you would increase the residual by 1%.

mmcmaho

Trying to lease a 528i xDrive and wanted to see if I was getting a good deal:
2014 528i xdrive, 10K Miles, MSRP $58,225, NYS Vehicle
Monthly Payment - $459.33

All in, $7637 down (taxes, first payment, fees), further reduced by the last two payments on old car ($600), for total down of $7,037

Money Factor - .00149
Residual - 61%
Selling price of $51,770
Cap Reduction of $5,100
Taxes upfront in NYS - $1,893.11 (including cap reduction taxes)
Other Fees (insp, plates doc fees, etc. - $185


Is this a good deal?

e90m

Honestly - that is not all that great. Selling price is pretty decent but MF is being marked up and why not use MSDs? You get that money back at the end. Cap cost reductions paid by the lease makes zero financial sense with BMWs or any manufacturer that supports MSDs.

Michaell

e90m said:

Honestly - that is not all that great. Selling price is pretty decent but MF is being marked up and why not use MSDs? You get that money back at the end. Cap cost reductions paid by the lease makes zero financial sense with BMWs or any manufacturer that supports MSDs.

I concur - use the $5100 to lower the MF - you'll get that money back at the end of the lease.

And, work to get the base MF of .00129.

mmcmaho

can you explain how that would work. I haven't leased a new car in a while. Would that then raise the monthyl payment? I'm a little green when it comes to this stuff.

mmcmaho

Michaell said:

e90m said:

Honestly - that is not all that great. Selling price is pretty decent but MF is being marked up and why not use MSDs? You get that money back at the end. Cap cost reductions paid by the lease makes zero financial sense with BMWs or any manufacturer that supports MSDs.

I concur - use the $5100 to lower the MF - you'll get that money back at the end of the lease.

And, work to get the base MF of .00129.

can you explain how the MSD's work?

Michaell

mmcmaho said:

can you explain how that would work. I haven't leased a new car in a while. Would that then raise the monthyl payment? I'm a little green when it comes to this stuff.

Multiple security deposits (MSD) are money paid up front to the finance company - each security deposit is in the amount of the monthly payment rounded up to the next $50. Each MSD lowers the MF by .00007 - a maximum of 7 can be applied, lowering your MF by .00049. This lowers your monthly payment.

And, you get the MSD monies back at the end of the lease.

mmcmaho

Michaell said:

mmcmaho said:

can you explain how that would work. I haven't leased a new car in a while. Would that then raise the monthyl payment? I'm a little green when it comes to this stuff.

Multiple security deposits (MSD) are money paid up front to the finance company - each security deposit is in the amount of the monthly payment rounded up to the next $50. Each MSD lowers the MF by .00007 - a maximum of 7 can be applied, lowering your MF by .00049. This lowers your monthly payment.

And, you get the MSD monies back at the end of the lease.

So if I put that $5,100 down over the course of 7 payments, instead of upfront, I could lower the money factor, thus lowering my monthly payment. However, it wouldn't be as much of an upfront savings but better in the end? Am I making sense?? Thanks for the help.

Michaell

mmcmaho said:

Michaell said:

mmcmaho said:

can you explain how that would work. I haven't leased a new car in a while. Would that then raise the monthyl payment? I'm a little green when it comes to this stuff.

Multiple security deposits (MSD) are money paid up front to the finance company - each security deposit is in the amount of the monthly payment rounded up to the next $50. Each MSD lowers the MF by .00007 - a maximum of 7 can be applied, lowering your MF by .00049. This lowers your monthly payment.

And, you get the MSD monies back at the end of the lease.

So if I put that $5,100 down over the course of 7 payments, instead of upfront, I could lower the money factor, thus lowering my monthly payment. However, it wouldn't be as much of an upfront savings but better in the end? Am I making sense?? Thanks for the help.

No, MSDs are due at lease inception. Yes, they would lower the MF and your payment.

It's better to do MSD than a straight "down payment".

mmcmaho

Michaell said:

mmcmaho said:

Michaell said:

mmcmaho said:

can you explain how that would work. I haven't leased a new car in a while. Would that then raise the monthyl payment? I'm a little green when it comes to this stuff.

Multiple security deposits (MSD) are money paid up front to the finance company - each security deposit is in the amount of the monthly payment rounded up to the next $50. Each MSD lowers the MF by .00007 - a maximum of 7 can be applied, lowering your MF by .00049. This lowers your monthly payment.

And, you get the MSD monies back at the end of the lease.

So if I put that $5,100 down over the course of 7 payments, instead of upfront, I could lower the money factor, thus lowering my monthly payment. However, it wouldn't be as much of an upfront savings but better in the end? Am I making sense?? Thanks for the help.

No, MSDs are due at lease inception. Yes, they would lower the MF and your payment.

It's better to do MSD than a straight "down payment".

Thanks for your help. I will be back with more questions once I hear back from the dealership.

park5

Hi, Could you please help me get the residual values for the 2014 535xi GT for 10K, 12K, 15K miles for 36 months?

I am currently working with a dealer and when I plug in all the numbers I got 61% residual for 10K/36 Months. I was assuming it was 62% but their payments exactly match 61%

Details are as follows

MSRP : $69,650
Selling : $60,708
Cap Cost Reduction : $2,000
Acquisition Fee : $750
Dealer Doc Fee : $300
Registration : $350
Money Factor : 0.00129
Residual : ?
Monthly Payments : $581.14 (Taxes Extra)

Due at Inception : $5,947 (Including Taxes and All Fees)

Thank you.

Michaell

park5 said:

Hi, Could you please help me get the residual values for the 2014 535xi GT for 10K, 12K, 15K miles for 36 months?

I am currently working with a dealer and when I plug in all the numbers I got 61% residual for 10K/36 Months. I was assuming it was 62% but their payments exactly match 61%

Details are as follows

MSRP : $69,650
Selling : $60,708
Cap Cost Reduction : $2,000
Acquisition Fee : $750
Dealer Doc Fee : $300
Registration : $350
Money Factor : 0.00129
Residual : ?
Monthly Payments : $581.14 (Taxes Extra)

Due at Inception : $5,947 (Including Taxes and All Fees)

Thank you.

36/15 residual is 58%. Add 2% for 12K and 3% for 10K (or 61%).

MF is .00129, and there is $1500 innovations credit available this month.

We don't recommend you make a down payment on a lease - if the car is stolen or totaled, you are out the money. Instead consider using MSDs to lower the MF.

What state is this?

kyfdx

mmcmaho said:

Michaell said:

mmcmaho said:

can you explain how that would work. I haven't leased a new car in a while. Would that then raise the monthyl payment? I'm a little green when it comes to this stuff.

Multiple security deposits (MSD) are money paid up front to the finance company - each security deposit is in the amount of the monthly payment rounded up to the next $50. Each MSD lowers the MF by .00007 - a maximum of 7 can be applied, lowering your MF by .00049. This lowers your monthly payment.

And, you get the MSD monies back at the end of the lease.

So if I put that $5,100 down over the course of 7 payments, instead of upfront, I could lower the money factor, thus lowering my monthly payment. However, it wouldn't be as much of an upfront savings but better in the end? Am I making sense?? Thanks for the help.

Using your downpayment money for MSDs will actually result in a higher payment than doing a big CAP cost reduction, but since it's a security deposit, and that money comes back at lease end, you will save money overall..

Patelshivam94

Can I get the numbers please for 2014 and 2015:

528i xDrive

535i xDrive

36 Months / 15K miles per year.

kyfdx

Patelshivam94 said:

Can I get the numbers please for 2014 and 2015:

528i xDrive

535i xDrive

36 Months / 15K miles per year.

2014: .00129 MF and 58% residual. $1500 Innovation credit.

2015: .00129 MF and 59% residual. $1000 credit.

ned_digger

bobfrapples said:

kyfdx said:

@bobfrapples said:
Tax is 9% here. And yes, thanks for confirming that the shady dealer is making me pay extra upfront amount.

Can you run the math for me using:
RV 62%
MF .0013
MSRP $62,825
Selling price $52,825, and
Drive-off (1st month, acq, title & registration) $2100.

What would be the monthly payment including tax?

This is essentially $2000 less than offer that yielded $599/month. Wonder how that affects the payment?

Anyone have thoughts on this deal?

$505/mo. + 9% tax = $550/mo.

I was able to get this deal. $550/month including tax for a 2014 535i M-Sport with premium package, rear view camera, and PDC. All the numbers are within a few bucks of what was estimated above. I think I did quite well, but there could have been a few more hundred dollars left on the table if I wanted to squeeze every last bit out. Thanks for your help on this forum!

10K off MSRP sounds like a fantastic deal. My dealer isn't anywhere close to that. Nicely done!!

park5

Hi,

Could I please be able to get October Lease Numbers for a 2014 and 2015 535xi GT for 10K/12K and 15K miles for 36 Months? I had a deal pending in September which has now passed on to October since I did not commit to anything last month.

Thank you.

e90m

I know it is early, but would love to see the numbers for both the 535i and 550i 36/10; 14 and 15 if available. Thanks much!!

Michaell

park5 said:

Hi,

Could I please be able to get October Lease Numbers for a 2014 and 2015 535xi GT for 10K/12K and 15K miles for 36 Months? I had a deal pending in September which has now passed on to October since I did not commit to anything last month.

Thank you.

2014 - .00129 and 61% for 36/10. Subtract 1% for 12K and 3% for 15K. $1500 innovation credit.

2015 - .00129 and 62% for 36/10. Same adjustments for 12K and 15K. $1000 innovation credit.

Michaell

e90m said:

I know it is early, but would love to see the numbers for both the 535i and 550i 36/10; 14 and 15 if available. Thanks much!!

2015 - .00129 and 62%. $1000 innovation credit

2014 - .00129 and 61%. $1500 innovation credit

park5

Michaell said:

park5 said:

Hi,

Could I please be able to get October Lease Numbers for a 2014 and 2015 535xi GT for 10K/12K and 15K miles for 36 Months? I had a deal pending in September which has now passed on to October since I did not commit to anything last month.

Thank you.

2014 - .00129 and 61% for 36/10. Subtract 1% for 12K and 3% for 15K. $1500 innovation credit.

2015 - .00129 and 62% for 36/10. Same adjustments for 12K and 15K. $1000 innovation credit.

Thank you so much. The numbers look pretty much the same for October vs September.

This will certainly help me get the deal closed.

rr4mywife

Hi Car_Man: do you have the MF and residual for a 2015 550ix for 36M, 12K miles. Thanks in advance.

Michaell

rr4mywife said:

Hi Car_Man: do you have the MF and residual for a 2015 550ix for 36M, 12K miles. Thanks in advance.

.00129 and 61%

theleader

Hey guys,

Could I please get the October Lease Numbers for a 2014 535d xdrive for 10K miles for 36 Months?

Thanks

Michaell

theleader said:

Hey guys,

Could I please get the October Lease Numbers for a 2014 535d xdrive for 10K miles for 36 Months?

Thanks

.00129 and 60%. $1500 innovations credit and $1000 eco credit.

jlr434

I've been talking to a car salesman about leasing a 2014 528i x. Their offer included a MF of .00169. I told them I knew the MF was actually .00129 and they claim it varies from region to region. They asked if I was sure I checked for Metro Chicago. Any truth to this or are they marking up for their profit.

kyfdx

jlr434 said:

I've been talking to a car salesman about leasing a 2014 528i x. Their offer included a MF of .00169. I told them I knew the MF was actually .00129 and they claim it varies from region to region. They asked if I was sure I checked for Metro Chicago. Any truth to this or are they marking up for their profit.

Maximum allowed markup is .0004... You do the math and decide what is truth...

jrsun

want to ask about this lease deal

528i 14

MSRP: 52650
negotiated: 42400 (actually dealer offered this when I test drive)
down: 0
tax: 7.5%
36 month 10K/yr
rate 3.1%
residual: 32116 (61%, dealer told me)

my calculated payment based on this is $410, however, dealer ask for $449, I will pay the registration/acquisition fees etc at sign. is this still a good deal?

kyfdx

jrsun said:

want to ask about this lease deal

528i 14

MSRP: 52650
negotiated: 42400 (actually dealer offered this when I test drive)
down: 0
tax: 7.5%
36 month 10K/yr
rate 3.1%
residual: 32116 (61%, dealer told me)

my calculated payment based on this is $410, however, dealer ask for $449, I will pay the registration/acquisition fees etc at sign. is this still a good deal?

Money factor .00129. That roughly converts to 3.1%, but you need to know the exact money factor in decimal form, or they may be marking it up on you.

If you want to know why the amount is different, ask for the CAP cost and money factor, and find out why they differ from $42,400 and .00129..

jrsun

Thanks! Basically they later they made a mistake and negotiated price is higher.
Math aside, is this still a good deal to get? Thanks much.