2014 BMW 2-Series Lease Questions

vista

To discuss the latest lease details for the current model, please join us in the 2015 BMW 2 Series Lease Questions forum.
You can also research local dealer inventory and pricing, reviews, features, and specifications on Edmunds 2015 BMW 2 Series page.

Why don't we start a separate discussion topic for us current/prospective 2-series leasees?

I'll start: kyfdx@edmunds.com, what are the MF and residual in February 2014 for:
228i @ 10k/yr?
228i @ 12k/yr?

kyfdx

@vista said:
Why don't we start a separate discussion topic for us current/prospective 2-series leasees?

I'll start: kyfdx@edmunds.com, what are the MF and residual in February 2014 for:
228i @ 10k/yr?
228i @ 12k/yr?

36mo, 12K/yr lease

.00130 MF and 62% residual. Add 1% for 10K/yr

vista

Thanks, as always. Someone somewhere else mentioned the buy rate had dropped to .0012, so it is good to know the correct answer.

MRHammar

Hi there. Would you share the March residuals and MF for a 228i, 10k & 12k/36 mos. Any incentives, loyalty, or guidance on discounts from MSRP? I know I will be ordering one with a manual if that impacts anything. Thanks!

kyfdx

@MRHammar said:
Hi there. Would you share the March residuals and MF for a 228i, 10k & 12k/36 mos. Any incentives, loyalty, or guidance on discounts from MSRP? I know I will be ordering one with a manual if that impacts anything. Thanks!

.00130 MF and 62% residual for 12K/yr. 63% for 10K/yr. No apparent incentives (other than the great residual).

No idea on discounts, other than "not much".

julio91

To bad I wont be in the market for a new car till 2016 -____- I really want this car. Can anyone post their deal ? and monthly payment that would be awesome.

the_yeoman

M235 the same numbers?

kyfdx

@the_yeoman said:
M235 the same numbers?

Yes... same numbers for the 228i and the 235i

vista

Is the April program unchanged, please?

kyfdx

@vista said:
Is the April program unchanged, please?

Same numbers as March

tampa_lee

Im new to leasing, and not sure what factors effect money factor. IM looking at a 2014 M235 on a 2 yr lease with 15k per year mileage. Can someone give me an idea of money factor? My credit should be top tier (over 750)

Michaell

@tampa_lee said:
Im new to leasing, and not sure what factors effect money factor. IM looking at a 2014 M235 on a 2 yr lease with 15k per year mileage. Can someone give me an idea of money factor? My credit should be top tier (over 750)

Base MF for M235i is .00130 and residual is 66% for 24 months. Dealer can (and often will) mark up the MF for more profit. Multiple security deposits can be used to reduce the MF.

tampa_lee

What does the Residual change to on a 36 mos term? Any MF change if term changes?

Michaell

@tampa_lee said:
What does the Residual change to on a 36 mos term? Any MF change if term changes?

MF stays the same; residual drops to 60%

barr615

Is this a good deal? 2014 M235i MSRP 48,300-12k-36 month-$550/month. Out of pocket $3450 plus 7 MSD's. Total out of pocket $7300

Michaell

@barr615 said:
Is this a good deal? 2014 M235i MSRP 48,300-12k-36 month-$550/month. Out of pocket $3450 plus 7 MSD's. Total out of pocket $7300

Can't tell without knowing the selling price and the MF, either before or after the MSD's.

Does any of the $3450 include cap cost reduction?

driversedge

Is it possible to get residual/MF for a 228i 36mo./15k. Any incentives? Thanks

Michaell

@driversedge said:
Is it possible to get residual/MF for a 228i 36mo./15k. Any incentives? Thanks

.00130 and 60% for 36/15. No incentives that I see, other than a program to pull-ahead an existing BMW lease.

barr615

Hi Michael. The MF is .0013 Selling price is $47,300. I do not know about the cost cap reduction. What is cost cap? Thank you.

Michaell

@barr615 said:
Hi Michael. The MF is .0013 Selling price is $47,300. I do not know about the cost cap reduction. What is cost cap? Thank you.

That is the base MF - if you are putting down 7 MSDs, that should reduce the MF to .00081.

The capitalized cost is the net selling price of the car. A cap cost reduction is similar to a down payment - but, in a lease, it is not something you want to do. If the car is stolen or totaled, you are out that money. Security deposits, on the other hand, are returned to you at the end of the lease.

bmike

The May lease offer from BMW for the M235i w/ Premium Package is $449/month (36mo./10k) with $3,000 down payment (MSRP $46,325). What should I expect the monthly payments to be with a MSRP of $44,575 (no Premium Package) and 36mo./10k if I don't want to put any money down? Thanks.

Michaell

@bmike said:
The May lease offer from BMW for the M235i w/ Premium Package is $449/month (36mo./10k) with $3,000 down payment (MSRP $46,325). What should I expect the monthly payments to be with a MSRP of $44,575 (no Premium Package) and 36mo./10k if I don't want to put any money down? Thanks.

Generally, you can take the down payment and divide it by the lease term to get the additional payment - in this case, $3000/36 = $83/mo. Or, $532/mo.

bmike

Hi Michaell, thank you for your reply. Since the lease offer MSRP is $1,750 higher than the configuration I'd want, what would the expected payments be in that case? Around $500/mo?

Michaell

@bmike said:
Hi Michaell, thank you for your reply. Since the lease offer MSRP is $1,750 higher than the configuration I'd want, what would the expected payments be in that case? Around $500/mo?

Give or take, yeah, $500/mo should be achievable.

Patelshivam94

Please post the May 2014 Residuals and Money Factor for 228i xDrive 12k miles and 15k miles.

Thanks You

kyfdx

@Patelshivam94 said:
Please post the May 2014 Residuals and Money Factor for 228i xDrive 12k miles and 15k miles.

Thanks You

I don't think the 228i comes in AWD...

Patelshivam94

null

Right...my apologies.

Michaell

@Patelshivam94 said:
null

Right...my apologies.

You didn't mention the lease term, so I'll assume 36 months.

228i - .00130 MF and 60% for 15K miles. Add 2% for 12K.

bmike

Can someone please post the residual and money factor for M235i 10k miles 36mo.? Thanks!

Michaell

@bmike said:
Can someone please post the residual and money factor for M235i 10k miles 36mo.? Thanks!

.00130 and 63%.

ducat13

Are there shorter lease terms available? If so, can you please post residuals and MFs accordingly? I'm looking for 10K miles per year.

Michaell

@ducat13 said:
Are there shorter lease terms available? If so, can you please post residuals and MFs accordingly? I'm looking for 10K miles per year.

MF is the same. 69% residual for 24mo and 10k

jasond13

The MF & residual for a 12k 36 month lease on a 2014 M235i thanks in advance.

kyfdx

@jasond13 said:
The MF & residual for a 12k 36 month lease on a 2014 M235i thanks in advance.

.00130 MF and 62% residual. $1000 option credit.

jasond13

I'm sorry I meant 15k on 36 months ?
Also the car I'm interested in is the floor model it has 150 miles on it also a ding in the door but that's fixed. My question is how much should that bring down the value. Considering the break in Process has not been followed is there a percentage that should come off how is that figured?

Michaell

@jasond13 said:
I'm sorry I meant 15k on 36 months ?

Take 2% off the residual quoted above.

Also the car I'm interested in is the floor model it has 150 miles on it also a ding in the door but that's fixed. My question is how much should that bring down the value. Considering the break in Process has not been followed is there a percentage that should come off how is that figured?

You might be able to get a few hundred shaved off the selling price for the (low) miles on the unit in question.

I'm not following what you mean by 'break in process not being followed'. The only thing I'm aware of is if the car is titled or not - if it is, it's considered a used car.

jasond13

I just meant that this car has been driven hard. Everyone who test drove it put it to the floor The sale man was telling me to do it. I did not want to because there is usually an important break in process stated in the manual by the MF. Because you could hurt the engine or whatever. But like you said, I can say that an maybe get a few hundred off. I'm going to see what kind of deal I can get.
Thanks for the info much appreciate.

Michaell

@jasond13 said:
I just meant that this car has been driven hard. Everyone who test drove it put it to the floor The sale man was telling me to do it. I did not want to because there is usually an important break in process stated in the manual by the MF. Because you could hurt the engine or whatever. But like you said, I can say that an maybe get a few hundred off. I'm going to see what kind of deal I can get.
Thanks for the info much appreciate.

Ah, got it! Yes, for any performance car that is used for test drives, I might worry about how it was driven.

But, when you read the owners manual, most of the time the break in process tells the owner not to drive too many miles at the same speed (ie, on cruise control). The variance will help 'seat' the engine parts better.

jasond13

Either or, each car has a different process. But I will use it as a bargaining chip thanks again.

sacamano

Hi Michael:

Could you please provide the MF and residual currently for a 2014 228i for 3 yrs and 10K mi/yr (tech pkg and driver asst pkg among other options). And do I understand BMW also has an option credit incentive going on? Thanks.

Pete

kyfdx

@sacamano said:
Hi Michael:

Could you please provide the MF and residual currently for a 2014 228i for 3 yrs and 10K mi/yr (tech pkg and driver asst pkg among other options). And do I understand BMW also has an option credit incentive going on? Thanks.

Pete

.00130 MF and 63% residual. $1000 option credit.

briguy312

Can I get the June MF and residual for a 2014 BMW M235i? I'm looking at 36 months and 10K per year. Also, is there an option credit for the M235? Thanks!

galeface

Could I get the June MF and residual for a 2014 BMW 228i? Interested in a 36 months and 12k per year.

Michaell

@briguy312 said:
Can I get the June MF and residual for a 2014 BMW M235i? I'm looking at 36 months and 10K per year. Also, is there an option credit for the M235? Thanks!

.00130 and 63%. $1000 option credit.

Michaell

@galeface said:
Could I get the June MF and residual for a 2014 BMW 228i? Interested in a 36 months and 12k per year.

.00130 and 62%. $1000 option credit.

briguy312

@Michaell said:
.00130 and 63%. $1000 option credit.

Thanks

jddssc121

Is BMW loyalty applicable to a 2 series? If so, what is it? Still @ $750?

kyfdx

@jddssc121 said:
Is BMW loyalty applicable to a 2 series? If so, what is it? Still @ $750?

I'm not aware of any current BMW loyalty programs, other than a pull-ahead program to take you out of a current lease.

darian929

Hello Gentlemen,

I am about to pull the trigger on an 2014 228i m sport package estoril blue for 36 months/10k miles

1500 out of pocket
$420 including taxes

credit score is 800

good or bad deal?

Michaell

@darian929 said:
Hello Gentlemen,

I am about to pull the trigger on an 2014 228i m sport package estoril blue for 36 months/10k miles

1500 out of pocket
$420 including taxes

credit score is 800

good or bad deal?

We will need both the MSRP and negotiated cap cost to fully evaluate the deal.

darian929

Ok here are th numbers

63% residual
.00130 MF
MSRP = 36575
Selling price = 33775
Cap cost = 34618

monthly payment = $420/including tax
Out of Picket = $1500