2015 BMW 4-Series Lease Questions

kyfdx

MLB999 said:

Need help evaluating a lease deal in New Jersey on a 2015 428xi convertible with Black Metallic, Cold Weather Package, Driver Assistance, Premium, Navigation, Harman Sound, Enhanced Bluetooth Here are the particulars:

MSRP: $59,975
Invoice: $55,645 (I think)
Selling Price: Below invoice - don't have the exact number at the moment
39 Months, 12,000 miles, MF: .00129, Residual %: .6
At signing (all fees plus 1st payment): $2202
PAYMENT: $599/month

Also - the dealer accepts multiple security deposits. What should I expect in terms of a decrease in payment?

Thank you!

The money factor is .00130 this month.

With invoice as the selling price, I get a payment of $623.mo., so your $599 looks really good.

7 MSDs would lower the MF to .00081

kball2

I see they are now running 39 month leases for September. Can I have the MF and residual % for 39 months 2015 428i Gran Coupe and 2015 435i Gran Coupe for 10K mile per year? And then the residual % for 12k and 15k? Thanks

Michaell

kball2 said:

I see they are now running 39 month leases for September. Can I have the MF and residual % for 39 months 2015 428i Gran Coupe and 2015 435i Gran Coupe for 10K mile per year? And then the residual % for 12k and 15k? Thanks

.00130 and 59% for 39/15. Add 2% for 12K and 3% for 10K. $1000 holiday cash.

vzehler

What is the MF and residual for both 2014 and 2015 435i? Thank you!

vzehler

vzehler said:

What is the MF and residual for both 2014 and 2015 435i? Thank you!

Could you tell me the residuals for 12k and 15k for both?

Michaell

vzehler said:

vzehler said:

What is the MF and residual for both 2014 and 2015 435i? Thank you!

Could you tell me the residuals for 12k and 15k for both?

.00130 and 58% (36/15) for 2014. Add 2% for 12K

.00130 and 58% (39/15) for 2015. Add 2% for 12K. $1000 lease cash.

vzehler

Thank you!

eris

Hi new to this lease thing and looking to do some research. I'm planning to lease and got these numbers from the dealer today. Can anyone shed some insight?

NYC area
428xi GC w/ Black Metallic, Sport Line, Driver Assistance, Premium Package, Navi system and heated front seats for a MSRP of $51,700 incl. $950 destination charge

They slashed the total to $49,700 and gave me the numbers below:

39months, 12k miles
$3570.64 down incl. taxes
$587.57 total per monthly payment

Is this a good deal or can i get a better pricing?

kyfdx

eris said:

Hi new to this lease thing and looking to do some research. I'm planning to lease and got these numbers from the dealer today. Can anyone shed some insight?

NYC area
428xi GC w/ Black Metallic, Sport Line, Driver Assistance, Premium Package, Navi system and heated front seats for a MSRP of $51,700 incl. $950 destination charge

They slashed the total to $49,700 and gave me the numbers below:

39months, 12k miles
$3570.64 down incl. taxes
$587.57 total per monthly payment

Is this a good deal or can i get a better pricing?

.00130 MF and 61% residual for 39mo, 12K/yr.

That isn't much of a slash in price, considering that BMW is offering a $1000 incentive on this vehicle.

We would need to know a breakdown of the upfront money to make an educated assessment.

jc2010fx

Ok I don't have all the info but here is what I do have. Please let me know how I did. 

435ixdrive convertible 
msrp 66925
sales price - 60408

residual - 40824.25

initial Payment - 3000 (first month, taxes, fees, etc)

 Monthly - 670

39 months/10k miles

sobt think I can do much better but let me know thoughts. 

Michaell

jc2010fx said:

Ok I don't have all the info but here is what I do have. Please let me know how I did. 

435ixdrive convertible 
msrp 66925
sales price - 60408

residual - 40824.25

initial Payment - 3000 (first month, taxes, fees, etc)

 Monthly - 670

39 months/10k miles

sobt think I can do much better but let me know thoughts. 

If I use the base MF of .00130, residual of 61% and your MSRP and selling price, I get a payment of $633.75/mo for 39 months.

If you are pre-paying the taxes up front, then I'm guessing the dealer is marking up the MF on you for extra profit.

autoleaseenthusiast

What is residual and MF for Nov 2014 for a 2015 435ix convertible--for 36 months and 10K miles per year?

kyfdx

autoleaseenthusiast said:

What is residual and MF for Nov 2014 for a 2015 435ix convertible--for 36 months and 10K miles per year?

.00130 MF and 61% residual for 39 months, 10K/yr. $1000 Holiday Credit.

The 39 month term is much cheaper, this month.

lng86

My numbers last night for 2015 428Coupe MSRP: 51,175 are as follows:

Selling Price: 48675
DOc Fee: 146
Acquisition Fee: 725
License Fee 64.25
Cap Taxes 3134
Term: 39 months
MF .00170
Monthly payments: 497.72
down:7000
$1000 holiday credit included
10k/yr
Residual .61

I was told this is an OK lease term. Based on the numbers I was given, which aspect should I negotiate and try to bring down? What should my goal be for to get the best deal possible? This way I know what I am working towards. This is my very first lease ever so all these numbers are foreign to me.

Michaell

lng86 said:

My numbers last night for 2015 428Coupe MSRP: 51,175 are as follows:

Selling Price: 48675
DOc Fee: 146
Acquisition Fee: 725
License Fee 64.25
Cap Taxes 3134
Term: 39 months
MF .00170
Monthly payments: 497.72
down:7000
$1000 holiday credit included
10k/yr
Residual .61

I was told this is an OK lease term. Based on the numbers I was given, which aspect should I negotiate and try to bring down? What should my goal be for to get the best deal possible? This way I know what I am working towards. This is my very first lease ever so all these numbers are foreign to me.

A few things jump out at me:

1) The base MF this month is .00130. You should work to getting that MF in your deal.

2) You should also work towards getting 5-7% off sticker price before the incentive. Removing the $1000 credit means you are only getting $1500 off sticker.

3) How is the down payment being used? $7000 is a lot - if it all is used towards cap cost reduction that results in $179/mo on your payment .. meaning your $0 down payment would be $659/mo or so.

lng86

The down payment is entirely used towards cap cost reduction.. We were playing with the numbers to see what would need to be put down to keep the payments at 499 as we had just came from Lexus looking at the RC. I believe you were the one who also responded on my comments on the terms there.

But thanks for the info. We've worked with this salesperson before as he helped with our purchase years ago. These are numbers he just gave without us negotiating any. In addition, we have a trade in, so I'm hoping we can push for the max on that vehicle as well.

Michaell said:

lng86 said:

My numbers last night for 2015 428Coupe MSRP: 51,175 are as follows:

Selling Price: 48675
DOc Fee: 146
Acquisition Fee: 725
License Fee 64.25
Cap Taxes 3134
Term: 39 months
MF .00170
Monthly payments: 497.72
down:7000
$1000 holiday credit included
10k/yr
Residual .61

I was told this is an OK lease term. Based on the numbers I was given, which aspect should I negotiate and try to bring down? What should my goal be for to get the best deal possible? This way I know what I am working towards. This is my very first lease ever so all these numbers are foreign to me.

A few things jump out at me:

1) The base MF this month is .00130. You should work to getting that MF in your deal.

2) You should also work towards getting 5-7% off sticker price before the incentive. Removing the $1000 credit means you are only getting $1500 off sticker.

3) How is the down payment being used? $7000 is a lot - if it all is used towards cap cost reduction that results in $179/mo on your payment .. meaning your $0 down payment would be $659/mo or so.

Michaell

lng86 said:

The down payment is entirely used towards cap cost reduction.. We were playing with the numbers to see what would need to be put down to keep the payments at 499 as we had just came from Lexus looking at the RC. I believe you were the one who also responded on my comments on the terms there.

But thanks for the info. We've worked with this salesperson before as he helped with our purchase years ago. These are numbers he just gave without us negotiating any. In addition, we have a trade in, so I'm hoping we can push for the max on that vehicle as well.

Michaell said:

lng86 said:

My numbers last night for 2015 428Coupe MSRP: 51,175 are as follows:

Selling Price: 48675
DOc Fee: 146
Acquisition Fee: 725
License Fee 64.25
Cap Taxes 3134
Term: 39 months
MF .00170
Monthly payments: 497.72
down:7000
$1000 holiday credit included
10k/yr
Residual .61

I was told this is an OK lease term. Based on the numbers I was given, which aspect should I negotiate and try to bring down? What should my goal be for to get the best deal possible? This way I know what I am working towards. This is my very first lease ever so all these numbers are foreign to me.

A few things jump out at me:

1) The base MF this month is .00130. You should work to getting that MF in your deal.

2) You should also work towards getting 5-7% off sticker price before the incentive. Removing the $1000 credit means you are only getting $1500 off sticker.

3) How is the down payment being used? $7000 is a lot - if it all is used towards cap cost reduction that results in $179/mo on your payment .. meaning your $0 down payment would be $659/mo or so.

That is an insanely large down payment. If I run your numbers - $51,175 MSRP and $52,744 net cap cost (including all taxes and fees), with the .00170 MF and 61% residual - I get a payment of $694.72/mo for 39 months. $7000 down should reduce that by almost $180/mo. Changing the MF to .00130 reduces the $0 down payment to $661.14.

If you use the cash as MSD to buy down the MF to .00081, the payment drops to $620/mo - and you get the MSD money back at the end of the lease.

So, something isn't adding up at all.

sammy81

Hello I was wondering if this is fair deal on 2015 428i coupe with options

MSRP. 53575
Sale price. 50500 - 1000 holiday bonus
MF with 7 msd .00081
RV. 39month/15k 58% (31073)
Doc/title fee 250
Tax. 6.25%
Acquisition 725

610/month

Thanks in advance

Michaell

sammy81 said:

Hello I was wondering if this is fair deal on 2015 428i coupe with options

MSRP. 53575
Sale price. 50500 - 1000 holiday bonus
MF with 7 msd .00081
RV. 39month/15k 58% (31073)
Doc/title fee 250
Tax. 6.25%
Acquisition 725

610/month

Thanks in advance

I'm showing $613.18/mo with tax, so your quote of $610 looks pretty good.

jzaid84

Residual and MF for 2014 and 2015 435i Gran Coupe?
39 Months/10K
24 Months/10K

Michaell

jzaid84 said:

Residual and MF for 2014 and 2015 435i Gran Coupe?
39 Months/10K
24 Months/10K

.00130 for both

67% for 24/10; 62% for 39/10. $1000 bonus cash.

This is for 2015; no 2014 4-series GC existed.

jzaid84

Michaell said:

jzaid84 said:

Residual and MF for 2014 and 2015 435i Gran Coupe?
39 Months/10K
24 Months/10K

.00130 for both

67% for 24/10; 62% for 39/10. $1000 bonus cash.

This is for 2015; no 2014 4-series GC existed.

Thanks for such a quick reply Michaell

jzaid84

Is there a Residual for 36 months?

Michaell

jzaid84 said:

Is there a Residual for 36 months?

39 month residual is actually better in November.

donuts1225

This is in Northern CA.
Lease 39 months, 10K miles
2015 Gran Coupe. Luxury line/Premium package/metallic paint
MSRP: 45,700
Selling price $43,012
Sales Tax: 3773
reg and other fees: 500
Residual: 62%/28,334
money factor: .00170

Then on the email the guy writes: Dealer fees are listed below plus 200 Profit on ACQ fee and money factor reserves of 40 basis points

He then quotes lease price as follows:

2000 down: 556 a month
4000 down 499 a month
6000 down 443 a month

This is all supposedly based on pricing it off the nationally advertised leasing deal which includes $1000 holiday discount.

I assume the money down includes an acquisition fee (725 + 200 which he does list as profit) and some cap cost reduction. Dealer has told me that he's pricing off the national deal and that he can't do anything more. I don't mind the 200 but I feel like something is not right here. He seems to be acknowledging that they have increased the money factor. I have seen talk above about multiple security deposits (that's new to me) and what seems to be a preference not to have cap cost reduction down payment (which is my preference) so I'd like to structure me deal that way.

Any help appreciated.

Michaell

donuts1225 said:

This is in Northern CA.
Lease 39 months, 10K miles
2015 Gran Coupe. Luxury line/Premium package/metallic paint
MSRP: 45,700
Selling price $43,012
Sales Tax: 3773
reg and other fees: 500
Residual: 62%/28,334
money factor: .00170

Then on the email the guy writes: Dealer fees are listed below plus 200 Profit on ACQ fee and money factor reserves of 40 basis points

He then quotes lease price as follows:

2000 down: 556 a month
4000 down 499 a month
6000 down 443 a month

This is all supposedly based on pricing it off the nationally advertised leasing deal which includes $1000 holiday discount.

I assume the money down includes an acquisition fee (725 + 200 which he does list as profit) and some cap cost reduction. Dealer has told me that he's pricing off the national deal and that he can't do anything more. I don't mind the 200 but I feel like something is not right here. He seems to be acknowledging that they have increased the money factor. I have seen talk above about multiple security deposits (that's new to me) and what seems to be a preference not to have cap cost reduction down payment (which is my preference) so I'd like to structure me deal that way.

Any help appreciated.

Sales tax is applied to the monthly payment on a lease in CA, so i'm unclear what the $3773 represents.

As noted, both the MF and acq fee are marked up. Acq fee isn't that much, but the MF adds a bit to each payment.

Dealers will either discount the sale price more than what you're seeing or use the base MF - your dealer seems to be doing neither. Ideally, you'd like both.

Polotely but firmly explain that you won't sign a deal with an inflated MF - and begin working with a second dealer to use competition to help your case.

pcyxwc

Hi, I am wondering if this is a good deal on 2015 428i coupe with options driver assistance package and navigation system

MSRP 44,550
selling price 40610
MF is 0.0013 before 7 MSD
cash due at signing 4,460
39mo, 10K per year

monthly payment quote: 423.34
with tax is $462.50

good deal? ok deal?
Thanks

Michaell

pcyxwc said:

Hi, I am wondering if this is a good deal on 2015 428i coupe with options driver assistance package and navigation system

MSRP 44,550
selling price 40610
MF is 0.0013 before 7 MSD
cash due at signing 4,460
39mo, 10K per year

monthly payment quote: 423.34
with tax is $462.50

good deal? ok deal?
Thanks

Using the .00081 MF (adjusted for MSD) and 61% residual, I get a pre-tax payment of $428.09, so your pre-tax quote of $423.34 looks very strong.

donuts1225

I'm still working on my deal in Northern Calif referenced above. Dealer has come down on the MF to .0015. Still not great. On MSRP of 45,700, he claims he's offering me a sales price of $42,712 and lease as follows:

$1000 (all fees)
$513 a month plus tax (which in CA gets me to 560)

He's basically claiming he can't come down on the MF because he's giving me such a low purchase price.

Thoughts? And can someone explain how those MSDs work -- that's new to me.

Thanks for all the help.

Michaell

donuts1225 said:

I'm still working on my deal in Northern Calif referenced above. Dealer has come down on the MF to .0015. Still not great. On MSRP of 45,700, he claims he's offering me a sales price of $42,712 and lease as follows:

$1000 (all fees)
$513 a month plus tax (which in CA gets me to 560)

He's basically claiming he can't come down on the MF because he's giving me such a low purchase price.

Thoughts? And can someone explain how those MSDs work -- that's new to me.

Thanks for all the help.

Dealers will often claim they can reduce the selling price or use the base MF - but not both. But, lots of folks leasing BMW's are able to do so. Check with a different dealer to see what they can do for you.

MSD is multiple security deposit. Monthly payment, rounded up to the next $50 for each. Each one reduces the MF by .00007. Total 7 allowed, max .00049 reduction. Will save you $25-50 each month on the payment, and you'll get that security deposit back at the end of the lease.

jsmith49

What should I expect for MF and residual value for a 2015 435i Gran Coupe (MSRP is $51,650) for 12,000 miles per year? 36 months or 39 months - whichever is currently better.

Michaell

jsmith49 said:

What should I expect for MF and residual value for a 2015 435i Gran Coupe (MSRP is $51,650) for 12,000 miles per year? 36 months or 39 months - whichever is currently better.

.00130 and 61% for 39/12. $1000 holiday cash.

jsmith49

Michaell said:

jsmith49 said:

What should I expect for MF and residual value for a 2015 435i Gran Coupe (MSRP is $51,650) for 12,000 miles per year? 36 months or 39 months - whichever is currently better.

.00130 and 61% for 39/12. $1000 holiday cash.

Thank you. Can you let me know if this is a good deal or if I should negotiate anything here (besides the negotiated cost):

MSRP: $51,650
Negotiated Cost (with holiday cash): $47,250
License and Registration: $402.75
Doc Fee: $80
Bank Fee: $925
Cap Reduction (Down payment): $2775.89
Net Cap: $44,474.11
Monthly Rent: $113.97
Monthly Depreciation: $332.5
Monthly Tax: $39.07
Monthly Payment: 485.54

39 months, 12,000 miles. Residual factor is 61% (31,506.5).

The MF seems to be lower than .0013? ($113.97 per month seems to be like .0012)

Edit: nevermind, I did the math wrong. Seems like MF they are using is .0015.

kyfdx

jsmith49 said:

Michaell said:

jsmith49 said:

What should I expect for MF and residual value for a 2015 435i Gran Coupe (MSRP is $51,650) for 12,000 miles per year? 36 months or 39 months - whichever is currently better.

.00130 and 61% for 39/12. $1000 holiday cash.

Thank you. Can you let me know if this is a good deal or if I should negotiate anything here (besides the negotiated cost):

MSRP: $51,650
Negotiated Cost (with holiday cash): $47,250
License and Registration: $402.75
Doc Fee: $80
Bank Fee: $925
Cap Reduction (Down payment): $2775.89
Net Cap: $44,474.11
Monthly Rent: $113.97
Monthly Depreciation: $332.5
Monthly Tax: $39.07
Monthly Payment: 485.54

39 months, 12,000 miles. Residual factor is 61% (31,506.5).

The MF seems to be lower than .0013? ($113.97 per month seems to be like .0012)

Edit: nevermind, I did the math wrong. Seems like MF they are using is .0015.

That's it... .0015 MF

k2thak

Hi all, just curious if this is a good deal on 2015 428i GC

Mrsp 49,800
Sale price 44,950

10k/year 39 months

Drive off 4,100$

Monthly ~440$ after tax

.0013 and 62%

im calcing about 1,000 below invoice...looks like they are giving me the whole holiday credit. Also, 925 vs 725 on acq fee.

If they are giving me a deal below invoice...where are they making money? only on the holdback? and on the acq fee? Also, how does dealer participation work. Is it just taking off of MSRP as part of the sale price?

Looks like a very solid deal to me. What are your thoughts? Thanks in advance!

kyfdx

k2thak said:

Hi all, just curious if this is a good deal on 2015 428i GC

Mrsp 49,800
Sale price 44,950

10k/year 39 months

Drive off 4,100$

Monthly ~440$ after tax

.0013 and 62%

im calcing about 1,000 below invoice...looks like they are giving me the whole holiday credit. Also, 925 vs 725 on acq fee.

If they are giving me a deal below invoice...where are they making money? only on the holdback? and on the acq fee? Also, how does dealer participation work. Is it just taking off of MSRP as part of the sale price?

Looks like a very solid deal to me. What are your thoughts? Thanks in advance!

We would need a breakdown of the $4100 drive-off to give an accurate opinion. Also, your state/tax rate. Drive-off amounts are usually around $1800 (1st payment, acq.fee and title/registration), unless your tax is paid upfront. If I take $2300 of your upfront and use it as a CAP cost reduction, I get a payment of about $395/mo.+ tax..

Dealer participation is just the discount from MSRP

k2thak

kyfdx said:

k2thak said:

Hi all, just curious if this is a good deal on 2015 428i GC

Mrsp 49,800
Sale price 44,950

10k/year 39 months

Drive off 4,100$

Monthly ~440$ after tax

.0013 and 62%

im calcing about 1,000 below invoice...looks like they are giving me the whole holiday credit. Also, 925 vs 725 on acq fee.

If they are giving me a deal below invoice...where are they making money? only on the holdback? and on the acq fee? Also, how does dealer participation work. Is it just taking off of MSRP as part of the sale price?

Looks like a very solid deal to me. What are your thoughts? Thanks in advance!

We would need a breakdown of the $4100 drive-off to give an accurate opinion. Also, your state/tax rate. Drive-off amounts are usually around $1800 (1st payment, acq.fee and title/registration), unless your tax is paid upfront. If I take $2300 of your upfront and use it as a CAP cost reduction, I get a payment of about $395/mo.+ tax..

Dealer participation is just the discount from MSRP

Makes sense. Thanks for the reply

I believe the breakdown is as follows:
fees and reg ~ 480
first months payment with tax ~ 440
Cap reduction before tax ~2,900

tax rate 9% and the 925 acquisition fee is on top of the negotiated sale price.

siteexperts1

I am interested in the current MF and residual for 435xi convertible, 39 months (assume that is the best term length), 12K miles a year. Also, what are the standard lease inception (and disposition) fees?

Also, do the rates usually get better in December? And if you were to order a car; are the rates locked at time of purchase or will they vary until the car is delivered. Assuming locked, what happens if better terms (MF, residual) are offered while you are waiting for the car? I would like to order the car to delay the purchase as long as possible, but assume buying the car now will get the best deal as the convertible market is very soft in the winter (hoping to get as close to the spring as possible; with a 39 month lease want the last 3 months to be close to the summer)

For MSD, I assume it makes sense to do the multiple deposits to bring the payments down. If I lease, I am only going to pay the fees (no capital reduction). Is there any risk having so much cash outstanding as deposits? Can they screw with you when returning the car (e.g,. damages, etc) knowing they have a large cash deposit to pull from?

Thanks.

kyfdx

siteexperts1 said:

I am interested in the current MF and residual for 435xi convertible, 39 months (assume that is the best term length), 12K miles a year. Also, what are the standard lease inception (and disposition) fees?

Also, do the rates usually get better in December? And if you were to order a car; are the rates locked at time of purchase or will they vary until the car is delivered. Assuming locked, what happens if better terms (MF, residual) are offered while you are waiting for the car? I would like to order the car to delay the purchase as long as possible, but assume buying the car now will get the best deal as the convertible market is very soft in the winter (hoping to get as close to the spring as possible; with a 39 month lease want the last 3 months to be close to the summer)

For MSD, I assume it makes sense to do the multiple deposits to bring the payments down. If I lease, I am only going to pay the fees (no capital reduction). Is there any risk having so much cash outstanding as deposits? Can they screw with you when returning the car (e.g,. damages, etc) knowing they have a large cash deposit to pull from?

Thanks.

.00130 MF and 60% residual for 36mo, 12K/yr. $1000 Holiday Credit.

Base acquisition fee is $725. Dealers are permitted to mark it up to $925 for extra profit.
Not sure of the disposition fee, but somewhere around $400.

Don't know what rates will be, next month. You can usually make a better deal on the selling price the last week of December, but that doesn't always mean the lease program will be better.

If you order a car in November, the rates are locked until the end of January. If the rates are better in January, you can use those rates (get it in writing from your dealer), but you have to take the whole program. You can't take the Holiday Credit from this month and the MF/residuals from January. You have to take the whole program. If you really don't want to take delivery until closer to Spring, you should definitely wait until next month, to order.

Yes, MSDs are a great deal. Your lease end charges are your lease end charges. The inspector doesn't know what your lease deal involves, or what your deposit might be.

rockstarnj

Hi,

I just received the following quote, and the numbers aren't quite adding up for me:

2015 428ix
39 mo, 10k per year

Residual: 61%
MF: .00130

MSRP: $52,600
Sale Price: $47,418
$599/mo (includes 7% tax)

$2,229 due at signing

The caveat is that the dealer is taking $2,050 of remaining lease payments off my hands, however it doesn't add up....there is still a huge gap in my numbers. Their cap cost is listed as $51,229.27, any idea what could be adding up to over $3,800 in additional cap costs?

Any advice would be greatly appreciated, thanks in advance!

kyfdx

rockstarnj said:

Hi,

I just received the following quote, and the numbers aren't quite adding up for me:

2015 428ix
39 mo, 10k per year

Residual: 61%
MF: .00130

MSRP: $52,600
Sale Price: $47,418
$599/mo (includes 7% tax)

$2,229 due at signing

The caveat is that the dealer is taking $2,050 of remaining lease payments off my hands, however it doesn't add up....there is still a huge gap in my numbers. Their cap cost is listed as $51,229.27, any idea what could be adding up to over $3,800 in additional cap costs?

Any advice would be greatly appreciated, thanks in advance!

Is there a factory-sponsored pull-ahead program? Or, is the dealer just eating your negative equity (payments). Since you have $2229 due at signing, there really shouldn't be any other costs on top of the selling price, unless the dealer is just rolling that $2050 into the lease.

What state? Maybe your state collects tax, upfront?

At that CAP cost, the numbers calculate exactly.. $3800 shouldn't be too hard to find.. just ask them. Look for tire insurance, excess wear and tear plan, etc, etc.. and, anything else you didn't ask for.

rockstarnj

Thank you for taking a look! I'm located in NJ, and I was not looking to get out of my lease early until I received a mailer from the BMW dealer explaining that they would take on my existing payments to get into a new car. I was skeptical, and explained that I wasn't interested in simply eating the remaining payments by having them built in. If they weren't providing any relief, then I would keep my current car for the time being.

I was clear on not paying the taxes up front either....when I do the math based on the res, mf, MSRP and sales price, I'm coming up with monthly payments (with tax) at about $532. Even if I eat 100% of my remaining lease payments rolled in, that would put me at about $583 ($53 per month across 39 mos) Does my math sound correct?

I just want to make sure I'm not missing anything before I go back to the dealer with nearly a $70 gap between our numbers.

Thoughts? Thank you!

cgibson2

Could someone please tell me what the money factor and residual is for 36 months, 12,000 miles per year on a 428i convertible? Thanks so much!!!

Michaell

chrisgibson1 said:

Could someone please tell me what the money factor and residual is for 36 months, 12,000 miles per year on a 428i convertible? Thanks so much!!!

.00130 and 60% for 39 months, 12K. 39 months is the sweet spot for BMW in November. $1000 holiday cash.

whoknew01

With reference to multiple security deposits... how much does each security deposit reduce the MF? Is there a typical formula?

Thanks in advance!

Michaell

whoknew01 said:

With reference to multiple security deposits... how much does each security deposit reduce the MF? Is there a typical formula?

Thanks in advance!

For BMW, each security deposit reduces the MF by .00007 .. maximum 7 allowed, so a total reduction of .00049.

whoknew01

Please provide MF & RV for 39 months, 15k per year on 2024 & 2015 435i convertible. Thx!

kyfdx

whoknew01 said:

Please provide MF & RV for 39 months, 15k per year on 2024 & 2015 435i convertible. Thx!

2015: .00130 MF and 58% residual. $1000 Holiday Credit.

2014: .00130 MF and 57% residual for 36mo, 15K/yr

gronk87

Hi everyone! First time here! Please help me see if this is a good deal or not. Thank you!

Here is my deal so far: 
CA tax 
2015 428i convertible 
MSRP: 56,100
savings: 7,350
Selling price: 48,750
Tax: 4,433.14
Tag/reg: 388
Other: 29
Flat County fee: 10
e-filing: 29
Smog: 20
Doc: 80
Balance due: 53,739
Acquisition Fee: 925
39mo/15K
Cash due: 5,632 (3850 for MSDs)
534 per month. 

Is that good?

Michaell

gronk87 said:

Hi everyone! First time here! Please help me see if this is a good deal or not. Thank you!

Here is my deal so far: 
CA tax 
2015 428i convertible 
MSRP: 56,100
savings: 7,350
Selling price: 48,750
Tax: 4,433.14
Tag/reg: 388
Other: 29
Flat County fee: 10
e-filing: 29
Smog: 20
Doc: 80
Balance due: 53,739
Acquisition Fee: 925
39mo/15K
Cash due: 5,632 (3850 for MSDs)
534 per month. 

Is that good?

Base MF is .00130 and the 39/15 residual is 58%. Max MSD brings the MF down to .00081. With your MSRP and selling price, I get a pre-tax payment of $481.54. Tax on a lease in CA is applied to the monthly payment; adding 9% tax to the payment brings it to $524.87/mo for 39 months.

What is the other $1800 being used for? Acquisition fee is marked up - base is $725.

So far, an OK quote from the dealer, but there is room to do better.