2015 BMW X1 Lease Questions

Michaell

econobob said:

I am seeing some 2015 X1 'dealer demo' cars for sale (typically have 4000-6000 miles; have never been sold so pseudo 'new'). It appears that the $1000 factory $ is available on these cars, and can be leased. If it's possible to lease these, how is the 'msrp' determined, and the residual value? Are the residual % different than a 'new' model with zero miles?

Demo cars are available to lease, and the $1000 credit is applicable to them.

MSRP is the same, but you want to negotiate a better selling price on one compared to a 'new' car with 0 miles on it.

The MF is the same, but the residual is adjusted at .20/mile downward - so, for a car with 5000 miles on it, the calculated residual is reduced by $1000 for leasing purposes.

econobob

So for August - any changes for residual, MF, $1000 factory $ on x1 28i RWD? Still 63% residual .0013 on 36/12k? And 36/10k residual @63%? In California if that makes a difference...

dale_doback

Any idea what the MF and RV are for August on 2015 X1? Looking at 2.8 x-drive for 10K.

dale_doback

dale_doback said:

Any idea what the MF and RV are for August on 2015 X1? Looking at 2.8 x-drive for 10K.

36 month term

Kirstie_H

A reporter is looking to talk with a Millennial (age 18-34) who leased a luxury car within the last year. If you're able to help, please send your details to pr@edmunds.com by no later than August 4, 2015.

kyfdx

econobob said:

So for August - any changes for residual, MF, $1000 factory $ on x1 28i RWD? Still 63% residual .0013 on 36/12k? And 36/10k residual @63%? In California if that makes a difference...

.00130 MF and 64% residual for 36/10, 63% for 36/12. $1000 build-out cash

kyfdx

dale_doback said:

Any idea what the MF and RV are for August on 2015 X1? Looking at 2.8 x-drive for 10K.

.00130 Mf and 64% residual

kmpiotrowski

Can you help me calculate the lease payment on a 2015 X1 xdrive28i? The base cost of the vehicle is $41,865.80 , the MSRP is $45,070. This would be a 36/10 lease with $ 1964 down.

Michaell

kmpiotrowski said:

Can you help me calculate the lease payment on a 2015 X1 xdrive28i? The base cost of the vehicle is $41,865.80 , the MSRP is $45,070. This would be a 36/10 lease with $ 1964 down.

What does the $1964 down represent?

$453.62/mo before tax using your numbers (.00130 and 64% for 36/10)

turboquattro

Is there any information out yet on the 2016 X1? Would like to know the MF and Residual

kyfdx

turboquattro said:

Is there any information out yet on the 2016 X1? Would like to know the MF and Residual

.00130 MF and 57% residual for 36mo, 15K/yr

themoneyfactor

Can you confirm August money factor and residuals for 2015 X1 xDrive 35i, 36 months, 12k and 10k miles per year? Many thanks in advance!

kyfdx

themoneyfactor said:

Can you confirm August money factor and residuals for 2015 X1 xDrive 35i, 36 months, 12k and 10k miles per year? Many thanks in advance!

.00130 MF and 63%/64% residual. $1000 buildout cash

nvnv

Hello, It seems like 2016 X1 is out on bmwusa.com Do you have lease numbers for it, 36 mo, 12k and 10k? Thanks!

Michaell

nvnv said:

Hello, It seems like 2016 X1 is out on bmwusa.com Do you have lease numbers for it, 36 mo, 12k and 10k? Thanks!

.00130 and 59% / 60%

krazy3281

HI!

Could someone please give me the Residuals, money factors and incentives for 2015 and 2016 X1 xdrive28i

24/12K
24/10K

Michaell

krazy3281 said:

HI!

Could someone please give me the Residuals, money factors and incentives for 2015 and 2016 X1 xdrive28i

24/12K
24/10K

.00130 for both years

24/12:
2015 - 69%
2016 - 65%

Add 1% for 10K.

jon2168

Hi there,

Can someone let me know MF and Residual Value for Oct, 2015

2015 BMW X1 sdrive28i - 36 months/10k Miles

Thanks in advance!

kyfdx

jon2168 said:

Hi there,

Can someone let me know MF and Residual Value for Oct, 2015

2015 BMW X1 sdrive28i - 36 months/10k Miles

Thanks in advance!

.00134 MF and 64% residual. $1000 buildout cash

rajcars1

Hello, are there any incentives for the new 2016s? Is trying to negotiate 15% off MSRP crazy talk?

Also, is Acquisition Fee and Destination & Handling the same thing? $795 OK?

Thanks.

kyfdx

rajcars1 said:

Hello, are there any incentives for the new 2016s? Is trying to negotiate 15% off MSRP crazy talk?

Also, is Acquisition Fee and Destination & Handling the same thing? $795 OK?

Thanks.

No incentives. 15% off seems very unlikely

Destination fee is part of the MSRP. Acquisition is a lease fee and is $925

moodyhank

kyfdx said:

jon2168 said:

Hi there,

Can someone let me know MF and Residual Value for Oct, 2015

2015 BMW X1 sdrive28i - 36 months/10k Miles

Thanks in advance!

.00134 MF and 64% residual. $1000 buildout cash

Are those numbers same for the 2015 X1 xdrive28i?

Michaell

moodyhank said:

kyfdx said:

jon2168 said:

Hi there,

Can someone let me know MF and Residual Value for Oct, 2015

2015 BMW X1 sdrive28i - 36 months/10k Miles

Thanks in advance!

.00134 MF and 64% residual. $1000 buildout cash

Are those numbers same for the 2015 X1 xdrive28i?

Yes.

rajcars1

Hi, can you confirm the 2016 X1 MF and residual on a 36/10 & 36/12 please?

Thanks a bunch.

kyfdx

rajcars1 said:

Hi, can you confirm the 2016 X1 MF and residual on a 36/10 & 36/12 please?

Thanks a bunch.

.00134 MF and 60%/59% residual

green_lease

Can you please let me know what build out cash is?

kyfdx

green_lease said:

Can you please let me know what build out cash is?

It is a customer incentive from BMW

metalblaze

Hi,

Looking for a 2016 (not 2015) X1 xDrive28i. I have the following offer at hand:

1.) MSRP: $39,245
2.) Selling price: $35,700 (approx. 9% off MSRP)
3.) MF: .00134
4.) Residual (12k/36 months): 59%
5.) MSDs: $2800 (7 MSDs @ $400)
6.) $0 down
7.) Drive off amount: Approx. $3500 (NY tax, title, DMV fees, inception fees)
8.) Monthly payment: $399

Quick questions:

1.) Should inception fees be part of MSRP/selling price or drive off amount?
2.) Is 9% off MSRP reasonable?
3.) Is the monthly payment accurate?

kyfdx

metalblaze said:

Hi,

Looking for a 2016 (not 2015) X1 xDrive28i. I have the following offer at hand:

1.) MSRP: $39,245
2.) Selling price: $35,700 (approx. 9% off MSRP)
3.) MF: .00134
4.) Residual (12k/36 months): 59%
5.) MSDs: $2800 (7 MSDs @ $400)
6.) $0 down
7.) Drive off amount: Approx. $3500 (NY tax, title, DMV fees, inception fees)
8.) Monthly payment: $399

Quick questions:

1.) Should inception fees be part of MSRP/selling price or drive off amount?
2.) Is 9% off MSRP reasonable?
3.) Is the monthly payment accurate?

1) Acquisition fee can be added to the CAP cost or paid upfront (your choice)
2) Better than reasonable
3) Using the discounted MF (.00085 after MSDs), I get $399/mo.

Drive-off: $1200 tax, $925 acq.fee, $75 doc fee, $400 1st payment. Do title/DMV fees add up to $900 more? If so, looks like a good deal.

rajcars1

kyfdx said:

metalblaze said:

Hi,

Looking for a 2016 (not 2015) X1 xDrive28i. I have the following offer at hand:

1.) MSRP: $39,245
2.) Selling price: $35,700 (approx. 9% off MSRP)
3.) MF: .00134
4.) Residual (12k/36 months): 59%
5.) MSDs: $2800 (7 MSDs @ $400)
6.) $0 down
7.) Drive off amount: Approx. $3500 (NY tax, title, DMV fees, inception fees)
8.) Monthly payment: $399

Quick questions:

1.) Should inception fees be part of MSRP/selling price or drive off amount?
2.) Is 9% off MSRP reasonable?
3.) Is the monthly payment accurate?

1) Acquisition fee can be added to the CAP cost or paid upfront (your choice)
2) Better than reasonable
3) Using the discounted MF (.00085 after MSDs), I get $399/mo.

Drive-off: $1200 tax, $925 acq.fee, $75 doc fee, $400 1st payment. Do title/DMV fees add up to $900 more? If so, looks like a good deal.

What is the NY tax rate and how is it used to arrive at $1200? I thought the tax was part of the monthly payment?

kyfdx

rajcars1 said:

kyfdx said:

metalblaze said:

Hi,

Looking for a 2016 (not 2015) X1 xDrive28i. I have the following offer at hand:

1.) MSRP: $39,245
2.) Selling price: $35,700 (approx. 9% off MSRP)
3.) MF: .00134
4.) Residual (12k/36 months): 59%
5.) MSDs: $2800 (7 MSDs @ $400)
6.) $0 down
7.) Drive off amount: Approx. $3500 (NY tax, title, DMV fees, inception fees)
8.) Monthly payment: $399

Quick questions:

1.) Should inception fees be part of MSRP/selling price or drive off amount?
2.) Is 9% off MSRP reasonable?
3.) Is the monthly payment accurate?

1) Acquisition fee can be added to the CAP cost or paid upfront (your choice)
2) Better than reasonable
3) Using the discounted MF (.00085 after MSDs), I get $399/mo.

Drive-off: $1200 tax, $925 acq.fee, $75 doc fee, $400 1st payment. Do title/DMV fees add up to $900 more? If so, looks like a good deal.

What is the NY tax rate and how is it used to arrive at $1200? I thought the tax was part of the monthly payment?

NYS taxes the sum of payments, plus anything else taxable that is paid upfront.. I don't know your tax rate, so I just assumed around 8%, which should be close.

If you are paying $3500 upfront, I'd want to know what it's for.

green_lease

Can you please provide me the MF and Residual on the X1 for 2015 and 2016 models for 36/12 and 36/15 leases? Is there any lease cash?

Michaell

green_lease said:

Can you please provide me the MF and Residual on the X1 for 2015 and 2016 models for 36/12 and 36/15 leases? Is there any lease cash?

36/15 numbers:
2015 - .00134 and 61%. $1000 buildout cash
2016 - .00134 and 57%.

Add 2% for 12K

ray_5365

Hello, do you have the MF and RV for the 2015/2016 models for 36/12 lease? Also the lease cash in Nov

Michaell

ray_5365 said:

Hello, do you have the MF and RV for the 2015/2016 models for 36/12 lease? Also the lease cash in Nov

36/12 numbers:
2015 - .00134 and 63%. $1000 buildout cash
2016 - .00134 and 59%.

ray_5365

Michaell said:

ray_5365 said:

Hello, do you have the MF and RV for the 2015/2016 models for 36/12 lease? Also the lease cash in Nov

36/12 numbers:
2015 - .00134 and 63%. $1000 buildout cash
2016 - .00134 and 59%.

Thank you for your reply.
And is there any difference between buildout cash and lease cash?
Also, it is hard to get a good selling price for a 2016 model. But much easier for a 2015 model, right?

Michaell

ray_5365 said:

Michaell said:

ray_5365 said:

Hello, do you have the MF and RV for the 2015/2016 models for 36/12 lease? Also the lease cash in Nov

36/12 numbers:
2015 - .00134 and 63%. $1000 buildout cash
2016 - .00134 and 59%.

Thank you for your reply.
And is there any difference between buildout cash and lease cash?
Also, it is hard to get a good selling price for a 2016 model. But much easier for a 2015 model, right?

No real difference between the two terms.

I don't track pricing, so can't tell you if you can get a bigger discount on the '15 than the '16.

In general, I'd say yes.

kyfdx

Buildout cash is good on a purchase or lease

121212121

Hello,

Are the December numbers out yet? I'm looking for these lease numbers if possible:

2016 X1 36 mo / 15k

Thanks!

kyfdx

leroybrown72 said:

Hello,

Are the December numbers out yet? I'm looking for these lease numbers if possible:

2016 X1 36 mo / 15k

Thanks!

.00131 MF and 57% residual

dmanf51

Numbers/Incentives on '15 X1 xdrive28i 36/10k??

Thanks!

kyfdx

dmanf51 said:

Numbers/Incentives on '15 X1 xdrive28i 36/10k??

Thanks!

.00131 MF and 62% residual. $1000 buildout cash

scsuh85

December numbers + incentives on a 2015 X1 xdrive35i with 36/12k? Thank you!

Michaell

scsuh85 said:

December numbers + incentives on a 2015 X1 xdrive35i with 36/12k? Thank you!

.00131 and 61%. $1000 buildout cash.

rajcars1

Hi do you have 2015 X1 sDrive28i MF and Residual on a 36/10 lease please? What would be a great deal for a sticker of $38K on this one in the LA market? Thank you!

Michaell

rajcars1 said:

Hi do you have 2015 X1 sDrive28i MF and Residual on a 36/10 lease please? What would be a great deal for a sticker of $38K on this one in the LA market? Thank you!

.00132 and 59%. $1000 buildout allowance.

We don't track prices. Use the "make model year" pull downs at the top of the page to link to the Edmunds price tools.

yonnen1

Can you please opine on the following 36/12k 2016 X1 lease offer?

MSRP: $45,995
Selling price: $42,000
MF: .00132
RV: 59%
Total due at signing: $2,108.66 (first month payment, dealer fees, state fees)
Monthly payment: $504.40 plus tax

Thanks!

Michaell

yonnen1 said:

Can you please opine on the following 36/12k 2016 X1 lease offer?

MSRP: $45,995
Selling price: $42,000
MF: .00132
RV: 59%
Total due at signing: $2,108.66 (first month payment, dealer fees, state fees)
Monthly payment: $504.40 plus tax

Thanks!

I see you've also posted in the 2016 thread .. I'll answer it there ...