2015 BMW 5-Series Lease Questions

zoombie99

Michaell said:

icheung said:

Thanks for the info. Does the acquisition fee vary by state/region/dealer? I'll work the other ones and get this nailed down a bit more.

Acquisition fee is the same for all of the U.S. 

Dealers are allowed to add an additional $200.00.

jk7

You should be able to get it below invoice now with the innovation credit. Try Pacific BMW, I have heard good things about them. It is possible that BMW will increase the credit next month. Also, find a local BMW drive event and you will get a coupon code for $1,000 off a BMW.

Also, consider a "punched" car (a term a learned about in the past 30 days). A punched car is where the dealer is given additional incentives (typically over 1k) on cars at the end of the month whereby the dealer buys it and BMW shows it as a sale for that month. The warranty runs when the car is "punched" but should have no impact on you if you LEASE and the car was punched within the last few months. By way of an example, I looked at a 2015 535x with less than 30 miles on it with an MSRP of $58,435.00 which a dealer in NJ was willing to lease to me based on a purchase price of $59,200.00. The only reason why I passed on it was because it had beige interior. You just have to be careful to see when it was punched and make sure you confirm the warranty period.

Thanks for the info. I got in touch with Pacific BMW following a thread I saw on Bimmerpost forum. They have good prices. I also did the drive for team USA yesterday. I got in touch with a dealer in Santa Clarita area. Prices and lease numbers are great now. Nearly 7K off MSRP plus $1000 rebate. Might get one next week but it sounds tempting to wait and see if credit improves next month.

"Punched Car" is something I havent heard about. Will keep an eye out.

zoombie99

You are in the same boat I am in. I am going to wait and see if I get any last minute calls from dealers with "additional incentives" on the last day of the month, otherwise I will risk going into July.

jk7

I may not be able to get mine before the end of the mo th for personal reasons, so I'm really hoping that at least the same incentives stay in July
I got the payment at 585 including tax for car MSRP 66325 3years 36m miles with 7MSD and no cap reduction. Acquisition fee rolled into lease. Drive of is the MSD first month payment and registration. 
I paid 760 for the same car 3 years ago. The residual was 56% at that time. 
I looked at the Lexus GS and payments are not much cheaper. Seems like a good time to lease a 5 series. 

professio

Moderator. Quoted today in NY/Long Island:
2015 528i xdrive.
msrp $58750.
customer price $53063.
MF .00152
residual 64%
36/10k
security waived (returning customer)
total due at delivery $3538.37 includes tax (8.625%) dmv fees extra
$567.34/month payment

*MF and residual looks off base? is there room for negotiation here? thank you

Rob

Michaell

professio said:

Moderator. Quoted today in NY/Long Island: 2015 528i xdrive. msrp $58750. customer price $53063. MF .00152 residual 64% 36/10k security waived (returning customer) total due at delivery $3538.37 includes tax (8.625%) dmv fees extra $567.34/month payment *MF and residual looks off base? is there room for negotiation here? thank you Rob

MF is .00128, so your quote has it marked up. 

zoombie99

jk7 said:

I may not be able to get mine before the end of the mo th for personal reasons, so I'm really hoping that at least the same incentives stay in July
I got the payment at 585 including tax for car MSRP 66325 3years 36m miles with 7MSD and no cap reduction. Acquisition fee rolled into lease. Drive of is the MSD first month payment and registration. 
I paid 760 for the same car 3 years ago. The residual was 56% at that time. 
I looked at the Lexus GS and payments are not much cheaper. Seems like a good time to lease a 5 series. 

Please check with your dealer, I think if you put a credit app in now, you may be able to pick between June and July's program even if you buy in July.

zoombie99

Michaell said:

professio said:

Moderator. Quoted today in NY/Long Island:
2015 528i xdrive.
msrp $58750.
customer price $53063.
MF .00152
residual 64%
36/10k
security waived (returning customer)
total due at delivery $3538.37 includes tax (8.625%) dmv fees extra
$567.34/month payment

*MF and residual looks off base? is there room for negotiation here? thank you

Rob

MF is .00128, so your quote has it marked up. 

I wouldn't deal with a dealer who marks up the money factor. Just my opinion.

jk7

The dealer said that they wouldn't be able to hold it till July.  I filled a credit app to hold the car but asked them not to run it yet since I have a home loan going. 

ellisina4

Moderator, can you please help with the RV and MF for 2015 and 2016 (may not be available yet for 2016) BMW 550xi, for 12k,15k,18k miles per year for the best term of the lease. I think for BMW the sweet spot is 36month, correct me if I am wrong.

Michaell

ellisina4 said:

Moderator, can you please help with the RV and MF for 2015 and 2016 (may not be available yet for 2016) BMW 550xi, for 12k,15k,18k miles per year for the best term of the lease. I think for BMW the sweet spot is 36month, correct me if I am wrong.

2015 - .00128 and 61% for 36/15 - add 2% for 12K.

No 2016 numbers.

EDIT - $1500 anniversary credit available

visage1

I have a lease offer from a local dealer for a 2015 528i x drive. Good or is there room to improve?
MSRP $59,975
Price $55,963
For 10,000 miles per year
$1800 due at delivery, which includes your first payment
$664/month (which is almost $200 off the initial payment)
Residual $38,384
Money Factor .00128 (cost)

Michaell

visage1 said:

I have a lease offer from a local dealer for a 2015 528i x drive. Good or is there room to improve? MSRP $59,975 Price $55,963 For 10,000 miles per year $1800 due at delivery, which includes your first payment $664/month (which is almost $200 off the initial payment) Residual $38,384 Money Factor .00128 (cost)

I get $609/mo plus tax. What state is  this and what is the tax rate? 

visage1

Michaell said:

visage1 said:

I have a lease offer from a local dealer for a 2015 528i x drive. Good or is there room to improve? MSRP $59,975 Price $55,963 For 10,000 miles per year $1800 due at delivery, which includes your first payment $664/month (which is almost $200 off the initial payment) Residual $38,384 Money Factor .00128 (cost)

I get $609/mo plus tax. What state is  this and what is the tax rate? 

PA. 6%

Michaell

visage1 said:

Michaell said:

visage1 said:

I have a lease offer from a local dealer for a 2015 528i x drive. Good or is there room to improve? MSRP $59,975 Price $55,963 For 10,000 miles per year $1800 due at delivery, which includes your first payment $664/month (which is almost $200 off the initial payment) Residual $38,384 Money Factor .00128 (cost)

I get $609/mo plus tax. What state is  this and what is the tax rate? 

PA. 6%

Actually the sales tax on a lease in PA is 9% (10% in Pittsburgh)

visage1

Michaell said:

visage1 said:

Michaell said:

visage1 said:

I have a lease offer from a local dealer for a 2015 528i x drive. Good or is there room to improve? MSRP $59,975 Price $55,963 For 10,000 miles per year $1800 due at delivery, which includes your first payment $664/month (which is almost $200 off the initial payment) Residual $38,384 Money Factor .00128 (cost)

I get $609/mo plus tax. What state is  this and what is the tax rate? 

PA. 6%

Actually the sales tax on a lease in PA is 9% (10% in Pittsburgh)

Got it. I didn't know sales tax on a lease was different. So does that make this a decent deal?  I actually think I can get the sale price down a bit more based on TrueCar values for this car. Thanks for the help. 

Michaell

visage1 said:

Michaell said:

visage1 said:

Michaell said:

visage1 said:

I have a lease offer from a local dealer for a 2015 528i x drive. Good or is there room to improve? MSRP $59,975 Price $55,963 For 10,000 miles per year $1800 due at delivery, which includes your first payment $664/month (which is almost $200 off the initial payment) Residual $38,384 Money Factor .00128 (cost)

I get $609/mo plus tax. What state is  this and what is the tax rate? 

PA. 6%

Actually the sales tax on a lease in PA is 9% (10% in Pittsburgh)

Got it. I didn't know sales tax on a lease was different. So does that make this a decent deal?  I actually think I can get the sale price down a bit more based on TrueCar values for this car. Thanks for the help. 

5-7% off sticker before incentives is your target. 

zoombie99

jk7 said:

The dealer said that they wouldn't be able to hold it till July.  I filled a credit app to hold the car but asked them not to run it yet since I have a home loan going. 

July's rates appear to be the same so you haven't lost anything

Michaell

zoombie99 said:

jk7 said:

The dealer said that they wouldn't be able to hold it till July.  I filled a credit app to hold the car but asked them not to run it yet since I have a home loan going. 

July's rates appear to be the same so you haven't lost anything

MF has crept up a couple of basis points to .00130. 64% for 36/10 and $1500 anniversary credit.

jk7

Thanks
So 535i 36mo 15k per year would be 63%, .000130 and 1500 credit?

Michaell

jk7 said:

Thanks
So 535i 36mo 15k per year would be 63%, .000130 and 1500 credit?

No - 15K would be 61%. MF and incentives stay the same.

jk7

Thanks so much for your prompt replies

zoombie99

I finally caved in yesterday and ordered a 2015 535x that was built in the last two weeks and is already on the boat!

jk7

Congrats!

jk7

This is the best pricing I've come up with
2015 535i
MSRP 67325
Selling Price (Including $1500 credit and $1000 Drive event) 58331
Acquisition 995 which will add to selling price
RV 63%
MF .00081
Drive off: 7 MSD, 500 Registration, 1st mo payment and $300 cap reduction

About 585/month including tax in California

zoombie99

Michaell said:

jk7 said:

Thanks
So 535i 36mo 15k per year would be 63%, .000130 and 1500 credit?

No - 15K would be 61%. MF and incentives stay the same.

You should use MSDs and you can,

helpbass

Hello! What's the MF and Residual on 36m/12k 550i? Thanks in advance!

Michaell

helpbass said:

Hello! What's the MF and Residual on 36m/12k 550i? Thanks in advance!

.00130 and 63%. $1500 buildout credit.

rissen

Hi,

I am trying to ask for a deal from local bmw dealer here, and wondered if its reasonable or not.
2015 BMW 535i
MSRP $67,070
Could I ask a 10% of MSRP? Add $3,000 down to get to $58,000(with ac fee)
So if yes what would be monthly lease payment for CA 36m/10k

I got a quote on a $55,150 528i with 3k down for $692.03/m ( MF .00168; Gross Cap $54,645; Net Cap $53,022.25).

For me a 692/m seems way to much.
Please help.

zoombie99

rissen said:

Hi,

I am trying to ask for a deal from local bmw dealer here, and wondered if its reasonable or not.
2015 BMW 535i
MSRP $67,070
Could I ask a 10% of MSRP? Add $3,000 down to get to $58,000(with ac fee)
So if yes what would be monthly lease payment for CA 36m/10k

I got a quote on a $55,150 528i with 3k down for $692.03/m ( MF .00168; Gross Cap $54,645; Net Cap $53,022.25).

For me a 692/m seems way to much.
Please help.

back up for a second, the money factor should be .00130, the dealer appears to be marking it up. If you have good credit, run, don't walk away from that dealer. If you look above you will see a post for a 535x where the poster is paying under $600.00 a month with MSDs which MSRP is close to yours. What part of CA are you in?

zoombie99

jk7 said:

This is the best pricing I've come up with
2015 535i
MSRP 67325
Selling Price (Including $1500 credit and $1000 Drive event) 58331
Acquisition 995 which will add to selling price
RV 63%
MF .00081
Drive off: 7 MSD, 500 Registration, 1st mo payment and $300 cap reduction

About 585/month including tax in California

Aside from the 200 markup in the acquisition fee, you got a great deal!

rissen

zoombie99 said:

rissen said:

Hi,

I am trying to ask for a deal from local bmw dealer here, and wondered if its reasonable or not.
2015 BMW 535i
MSRP $67,070
Could I ask a 10% of MSRP? Add $3,000 down to get to $58,000(with ac fee)
So if yes what would be monthly lease payment for CA 36m/10k

I got a quote on a $55,150 528i with 3k down for $692.03/m ( MF .00168; Gross Cap $54,645; Net Cap $53,022.25).

For me a 692/m seems way to much.
Please help.

back up for a second, the money factor should be .00130, the dealer appears to be marking it up. If you have good credit, run, don't walk away from that dealer. If you look above you will see a post for a 535x where the poster is paying under $600.00 a month with MSDs which MSRP is close to yours. What part of CA are you in?

San Diego, CA

If terms are 36/10 & max 3k for down payment or MSD's on the 535i what should the car cap cost/price be to have a $500/m payment or less.

For example: Car Price $65,000, Car Cap Cost is $56,000 w/ $3000 down(cap cost reduction), MF 0.00130 & RV 63%($40,950) w/ CA tax ~ 8% ----> monthly with tax is $493.40. Is this a correct calculation?

I am shooting for a under $500/m payment so I try to understand what car price I need to get that monthly. Thank you very much.

zoombie99

I wouldn't put additional money down, what happens if the car is totaled? You may lose that 3K. Use the money to reduce the money factor through MSDs. What about the acquisition fees, documentation and registration fees? You have to have all your numbers down pat. I doubt if you will get below $500.00

rissen

zoombie99 said:

I wouldn't put additional money down, what happens if the car is totaled? You may lose that 3K. Use the money to reduce the money factor through MSDs. What about the acquisition fees, documentation and registration fees? You have to have all your numbers down pat. I doubt if you will get below $500.00

Well wishful thinking If i get a deal I will post it here, thanks for responding, happy 4th!

zoombie99

also, see if you can do a drive this month and get your $1,000.00 BMW credit.

jk7

Hi,

I am trying to ask for a deal from local bmw dealer here, and wondered if its reasonable or not.
2015 BMW 535i
MSRP $67,070
Could I ask a 10% of MSRP? Add $3,000 down to get to $58,000(with ac fee)
So if yes what would be monthly lease payment for CA 36m/10k

I got a quote on a $55,150 528i with 3k down for $692.03/m ( MF .00168; Gross Cap $54,645; Net Cap $53,022.25).

For me a 692/m seems way to much.
Please help.

You can do much better. Look at the numbers I posted. Use that as a reference and shop around. Dont put any money down. Do MSD to reduce your MF. Try to do the Drive for Team USA event. They have several in San Diego area this weekend. Just show up at dealer and register there.
I got my previous lease at Encenitas, they were good. Get in touch with Pacific BMW as well.
I'm going in to finalize my lease today, will update once done

zoombie99

While I'm on the east coast, I have seen numerous positive comments about Pacific and Greg/

rissen

zoombie99 said:

While I'm on the east coast, I have seen numerous positive comments about Pacific and Greg/

I contacted Greg and he will come back tomorrow.

In mean time I got an offer form local dealer for a 528i w/ M Sport, Premium & Driver Assistance, Grey/Ivory.
MSRP: $59,675.00
Savings: -$5,605.00
Price: $54,070.00
MF : 0.00170

Itemization of Payment
Agreed Value: 54,070.00
a) Gross Capital Cost 55,065.00
b) Capital Cost Reduction -1,646.87
c) Adjusted Capital Cost 53,418.13
d) Residual 38,192.00
e) Depreciation Charge 15,226.13
f) Rent Charge 5,606.71
g) Total of base MP 20,832.84
h) Lease Term 36
i) Base MP 578.69
j) Monthly Tax 43.40
n) Total MP 624.98

Itemization of Gross Capital Cost
a) AcquisitionFee 995.00
n) Total Capital Cost 53,418.13

Itemization of Amount Due at Signing
a) Total Capital Cost Reduction 1,646.87
-Cap Reduction (Cash) 1,646.87
-Rebates 0.00
b) Tax on Capital Cost Red. 138.15
c) First Monthly Payment 624.98
m) Lic., Insp., Title, Reg. Fees 423.00
n) Other Fees 87.00
o) Total Due at Signing 3,000.00

How the Amount Due at Signing will be Paid
a) Net Trade-In Value 0.00
b) Rebates/Credits 0.00
c) Amount Paid in Cash 2,375.02
d) Total Due at Signing 3,000.00

The things i can make out of all this is $200 mark up on Aq Fee, MF & RV don't look right.
Please calculate and let me know what is going on here.
Thank you very much.

kyfdx

rissen said:

zoombie99 said:

While I'm on the east coast, I have seen numerous positive comments about Pacific and Greg/

I contacted Greg and he will come back tomorrow.

In mean time I got an offer form local dealer for a 528i w/ M Sport, Premium & Driver Assistance, Grey/Ivory.
MSRP: $59,675.00
Savings: -$5,605.00
Price: $54,070.00
MF : 0.00170

Itemization of Payment
Agreed Value: 54,070.00
a) Gross Capital Cost 55,065.00
b) Capital Cost Reduction -1,646.87
c) Adjusted Capital Cost 53,418.13
d) Residual 38,192.00
e) Depreciation Charge 15,226.13
f) Rent Charge 5,606.71
g) Total of base MP 20,832.84
h) Lease Term 36
i) Base MP 578.69
j) Monthly Tax 43.40
n) Total MP 624.98

Itemization of Gross Capital Cost
a) AcquisitionFee 995.00
n) Total Capital Cost 53,418.13

Itemization of Amount Due at Signing
a) Total Capital Cost Reduction 1,646.87
-Cap Reduction (Cash) 1,646.87
-Rebates 0.00
b) Tax on Capital Cost Red. 138.15
c) First Monthly Payment 624.98
m) Lic., Insp., Title, Reg. Fees 423.00
n) Other Fees 87.00
o) Total Due at Signing 3,000.00

How the Amount Due at Signing will be Paid
a) Net Trade-In Value 0.00
b) Rebates/Credits 0.00
c) Amount Paid in Cash 2,375.02
d) Total Due at Signing 3,000.00

The things i can make out of all this is $200 mark up on Aq Fee, MF & RV don't look right.
Please calculate and let me know what is going on here.
Thank you very much.

Money factor is marked up the MAX from the base .00130

Residual is the correct 64% for 36mo, 10K/yr

rissen

What i don't see is any incentives or credits, and can someone calculate this with base MF please? Also 1 MSD is $1000?

kyfdx

rissen said:

What i don't see is any incentives or credits, and can someone calculate this with base MF please?

The incentive is included in the "savings" on this quote.

Base payment before tax drops by $36/mo. with the base MF.

ellisina4

Moderator,
I checked with my BMW dealer and there is no way to build 2015 550xi any more, even though the BMW website still lets you do this.
Do you have MF and Residual for 2016 550xi for 36 months, 15k or 18k/year? Any incentives?

Michaell

ellisina4 said:

Moderator, I checked with my BMW dealer and there is no way to build 2015 550xi any more, even though the BMW website still lets you do this. Do you have MF and Residual for 2016 550xi for 36 months, 15k or 18k/year? Any incentives?

No 2016 5-series lease info is available this month. 

zoombie99

Wait for Pacific's quote, I bet you they beat them. Have you tried to see if there is a drive near you for the 1,000 off code?

zoombie99

rissen said:

What i don't see is any incentives or credits, and can someone calculate this with base MF please? Also 1 MSD is $1000?

zoombie99

rissen said:

What i don't see is any incentives or credits, and can someone calculate this with base MF please? Also 1 MSD is $1000?

No, the MSD depends on your monthly payment and is rounded up. My monthly payment is going to be below $600.00 so each MSD will be $600.00. I am posting the maximum of 7 which is 7 x $600.00.

There are a few app's in the ITunes store (and I assume Google) which will allow you to add everything in and to calculate the monthly payment. I used Leasematic for mine and I think I cam within $1 of the dealer's monthly quote.

zoombie99

ellisina4 said:

Moderator,
I checked with my BMW dealer and there is no way to build 2015 550xi any more, even though the BMW website still lets you do this.
Do you have MF and Residual for 2016 550xi for 36 months, 15k or 18k/year? Any incentives?

They ceased production of the 2015 5 series at the end of June. I think the factory is closed for two weeks and then they will start on the 2016 models. I don't think they do 18k leases. Have you ever thought of an European Delivery? You can save some money on a 2016 and use the savings for a vacation driving your car in Europe. I think BMW forgives a one month lease payment but it may take 6 weeks or more to get the car back.

rissen

I am thinking now that I might not afford a 5 series  since I am looking to be under $500/m. 
Until this dealers give me quotes I want to calculate something on a 428i gran coupe. I know this is wrong forum but 4 series one seems dead.  
Could I get MF,  RV on a 36/10 428i GC please? 
I configured one on bmw usa and come up to $52,520(m,drv asst, prem, tech, hk). 
This looks a lot more reasonable if I could get this on for invoice price - 3k down and a credit incentive I should be in the $450/m range, correct? 
Please let me know

jk7

Picked up my car yesterday
535i with Msport, Premium package and Driver assist package and a few other things
MSRP 67100
Cap Cost 59920 with 995 Acquisition rolled in
1000 Drive for team USA event.
36mo 12K
Drive off 5826
7 MSD 4200, Cap reduction 387, Licence 484, first month payment, Doc Fee 80, Tax 106 on cap reduction
585/month including 8% California tax

My calculator gave me around 577, but I wasn't about to argue about $7
Hope that helps..
Thanks for all the help in the forum.
I got it from Graeme Chapman at BMW Valencia

kyfdx

rissen said:

I am thinking now that I might not afford a 5 series  since I am looking to be under $500/m. 
Until this dealers give me quotes I want to calculate something on a 428i gran coupe. I know this is wrong forum but 4 series one seems dead.  
Could I get MF,  RV on a 36/10 428i GC please? 
I configured one on bmw usa and come up to $52,520(m,drv asst, prem, tech, hk). 
This looks a lot more reasonable if I could get this on for invoice price - 3k down and a credit incentive I should be in the $450/m range, correct? 
Please let me know

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