Hello. I just leased a 2016 BMW 528i. Want to get some thoughts from you guys.
MSRP: $52,850
Term: 36 Month/ 10K miles per year
Down Pay: $3,000 (including first money payment)
Monthly: $636.99 After Tax
The initial deal was 3k down pay and $500/month after tax. I thought it was a good deal but then I was talked into adding the wear/year protection $45a month. And Tire protection plan for $80+ per month.
I am now regretting getting the Tire protection plan, If I don't get it, I will be looking at this number instead.
MSRP: $52,850
Term: 36 Month/ 10K miles per year
Down Pay: $3,000 (including first money payment)
Monthly: $550 After Tax
Can anyone help me out here? Do I need the Tire protection plan? It's about $1000/Year and it's more expensive than my insurance. I just leased the car yesterday, can I still cancel the Tire protection plan?
Thank you in advance!
Sam
From what my friends tell me who work in the industry, never ever buy any of this stuff. #1 you will probably not need it. #2 if you do need it, you will not get any protection when they drop fine print on you.
What's the residual and MF for 2015 and 2016 535i, 10k miles?
.00132 MF
36/10 residuals: 2015 - 58% and $3000 buildout allowance 2016 - 60% and $1000 option allowance
I apologize in advance.... what is a buildout allowance and what is an option allowance? How do I use either during my negotiations?
Factory to consumer incentives. Since you know about them, be sure to factor them into your offers. You can be sure that any offer from the dealer will already include them.
Hey Mike, I think is right to post about the 5 series in here. From your previous message sent to me on this lease numbers, I read the threads, but couldn't find an answer for the question. Can I get this payment lower?
2015 528i xDrive demo (10,000 miles) MSRP $50,900 SELLING $41,995 $2000 DOWN AND THE DEALER TELLS ME $430 PLUS TAX.
Hello everyone. I was wondering how good of a deal this is
2015 bmw 528i xDrive MSRP 58,050 sale 42,050 residual 31,169 ( after deducting $ 2500 for 10k miles ) money factor 0.00175 $416+ tax with $1,800 down payment for fees only.
Hello everyone. I was wondering how good of a deal this is
2015 bmw 528i xDrive MSRP 58,050 sale 42,050 residual 31,169 ( after deducting $ 2500 for 10k miles ) money factor 0.00175 $416+ tax with $1,800 down payment for fees only.
That's a heck of a discount, but the MF is marked up to compensate (base MF is .00135).
Hey, the dealer has to make some money on this deal, right?
Can't hurt to push for the base MF, however. Will save you roughly $30/mo
So you don't think I can get away with murder my pushing for base MF and nothing out of pocket but first month payment? I guess $409 would be the payment.
So you don't think I can get away with murder my pushing for base MF and nothing out of pocket but first month payment? I guess $409 would be the payment.
If you roll in all the taxes and fees to your selling price, that will add to your payment.
quick questions guys. Can you extend a lease with BMW, for example: IF you do a 10k/year lease. Can you at the end extend the lease for an additional 10k miles and 1 more year?
quick questions guys. Can you extend a lease with BMW, for example: IF you do a 10k/year lease. Can you at the end extend the lease for an additional 10k miles and 1 more year?
BMWFS usually only allows extensions if you have a car on order.. So, 90 days, at most.
Thoughts on the below: 535xi---24 mos/12K mi per year $64,175 MSRP $54,524 Cap Cost .00138 MF OOP= $1,125 tax+ Lease Acq free $925+ DMW registration fee$326+supplemental title $222 + 1st payment $589)= $3187
I ran through lease calculator and get $563.18 as payment.
Thoughts on the below: 535xi---24 mos/12K mi per year $64,175 MSRP $54,524 Cap Cost .00138 MF OOP= $1,125 tax+ Lease Acq free $925+ DMW registration fee$326+supplemental title $222 + 1st payment $589)= $3187
I ran through lease calculator and get $563.18 as payment.
Thoughts on the below: 535xi---24 mos/12K mi per year $64,175 MSRP $54,524 Cap Cost .00138 MF OOP= $1,125 tax+ Lease Acq free $925+ DMW registration fee$326+supplemental title $222 + 1st payment $589)= $3187
I ran through lease calculator and get $563.18 as payment.
This is a 2015 model?
.00138 MF and 61% residual for 24/12.
I get $770/mo.
Not sure how you got $589 or get $563.
Are you sure it's 24 months?
It's a 2016 535xi
Yes. Here's a correction as I found a mistake (right) CA made
MSRP $64,175 Selling $56,123 Loyalty $1000 Residual 69% (dealer confirmed and I got from another source) OOP 1,135 tax+ Lease Acq free $925+ DMW registration fee$229 +supplemental title $222 + 1st payment $589)= $3100
Thoughts on the below: 535xi---24 mos/12K mi per year $64,175 MSRP $54,524 Cap Cost .00138 MF OOP= $1,125 tax+ Lease Acq free $925+ DMW registration fee$326+supplemental title $222 + 1st payment $589)= $3187
I ran through lease calculator and get $563.18 as payment.
This is a 2015 model?
.00138 MF and 61% residual for 24/12.
I get $770/mo.
Not sure how you got $589 or get $563.
Are you sure it's 24 months?
It's a 2016 535xi
Yes. Here's a correction as I found a mistake (right) CA made
MSRP $64,175 Selling $56,123 Loyalty $1000 Residual 69% (dealer confirmed and I got from another source) OOP 1,135 tax+ Lease Acq free $925+ DMW registration fee$229 +supplemental title $222 + 1st payment $589)= $3100
Thanks, BK
Ah, we were confused because you posted in the 2015 5-series discussion. I see you've already reposted in the 2016 forum. We'll take up the conversation over there.
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Thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
36/10 residuals:
2015 - 58% and $3000 buildout allowance
2016 - 60% and $1000 option allowance
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Factory to consumer incentives. Since you know about them, be sure to factor them into your offers. You can be sure that any offer from the dealer will already include them.
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.00132 MF for both years.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2016 - 60% and $1000 option credit
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http://forums.edmunds.com/discussion/36227/bmw/5-series/2016-bmw-5-series-lease-questions#latest
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
-What is the money factor and residual for 36 months/10,000 miles per month?
-Is there any build out cash? or other incentives besides loyalty?
-What should payments be looking like? Here's the scenario:
MSRP - 64,800
Selling price - $56,290
total drive off - $2,279, is this just fees?
$646/mo.+tax
Don't know what's included in your drive off amount. You'd have to ask the dealer.
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I read that is can be $725 and dealers mark up by $200 to $925...but also read that it has been changed. Is there any updated information about this?
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How much discount over MSRP (before incentives) can I expect on the 2015 model?
Thank you.
We don't track selling prices; read back through the last page or two of this discussion to see what others have been able to negotiate.
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Can you pls provide the money factor and residual for a 528i XDrive, 36 months, 10k miles/yr?
Also, I plan to pay 7 MSDs. How do I know the cost per MSD and what % reduction on the money factor that results in?
Each SD lowers the MF by .00007, for a total reduction of .00049
.00135 MF (.00086 with MSDs) and 61% residual. $2000 lease credit.
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$ a month?
http://forums.edmunds.com/discussion/31803/bmw/3-series/2015-bmw-3-series-lease-questions#latest
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2015 528i xDrive demo (10,000 miles)
MSRP $50,900
SELLING $41,995
$2000 DOWN
AND THE DEALER TELLS ME $430 PLUS TAX.
2015 bmw 528i xDrive
MSRP 58,050
sale 42,050
residual 31,169 ( after deducting $ 2500 for 10k miles )
money factor 0.00175
$416+ tax with $1,800 down payment for fees only.
Hey, the dealer has to make some money on this deal, right?
Can't hurt to push for the base MF, however. Will save you roughly $30/mo
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
If you don't ask, you don't get.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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$3000 buildout cash
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Does the $3000 build out still apply in June on the 550i? Also, can this apply to exec demos?
What are the RV and MF for 2015 M5 for 24/36mo 12/k/15 in June?
Thanks!
Add 2% for 12K/yr
$3000 buildout cash is still there.
If it's a car in the dealer's service loaner/demo program, the $3000 probably applies
If it's an employee lease or executive car that they bought at a BMW auction, then it probably doesn't.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
535xi---24 mos/12K mi per year
$64,175 MSRP
$54,524 Cap Cost
.00138 MF
OOP= $1,125 tax+ Lease Acq free $925+ DMW registration fee$326+supplemental title $222 + 1st payment $589)= $3187
I ran through lease calculator and get $563.18 as payment.
.00138 MF and 61% residual for 24/12.
I get $770/mo.
Not sure how you got $589 or get $563.
Are you sure it's 24 months?
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Yes. Here's a correction as I found a mistake (right) CA made
MSRP $64,175
Selling $56,123
Loyalty $1000
Residual 69% (dealer confirmed and I got from another source)
OOP 1,135 tax+ Lease Acq free $925+ DMW registration fee$229 +supplemental title $222 + 1st payment $589)= $3100
Thanks, BK
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4