Interesting... So essentially the dealers are lying to me about the 36mo/15K/yr residual? Isn't that completely illegal? And just to confirm, for the 2015 435i M Sport, the 36mo/15K/yr residual is 60 percent, not 57 or 58 percent?
Also, can I roll the acquisition fee and the doc fee into the monthlies and just pay the California registration fee?
And the acquisition fee should be 725 and the doc fee under 200? For a 58000 dollar 435i M Sport, is a total cap cost of 54000 reasonable to ask for?
Interesting... So essentially the dealers are lying to me about the 36mo/15K/yr residual? Isn't that completely illegal? And just to confirm, for the 2015 435i M Sport, the 36mo/15K/yr residual is 60 percent, not 57 or 58 percent?
Also, can I roll the acquisition fee and the doc fee into the monthlies and just pay the California registration fee?
And the acquisition fee should be 725 and the doc fee under 200? For a 58000 dollar 435i M Sport, is a total cap cost of 54000 reasonable to ask for?
Thanks again!
.00130 MF and 58% residual for 39mo, 15K/yr. 36 month residuals are acutally 1% worse this month.
Dealer cannot adjust residual.
I believe if you want to add the acquisition fee into the cap cost, there is an increase to the MF to do that, though I don't know exactly how much.
We believe the current acquisition fee is $725; rumors exist of an increase by BMWFS, but we don't know if it's true, or by how much.
Is this a good lease deal 2015 BMW 428XI Gran coupe
MSRP of the vehicle is $56,125
The selling price for the 2015 BMW 428i xDrive Gran Coupe M Sport is $52,185 and the breakdown is as follows:
39 months
$633.54/month
$2058.04 total out of pocket
12,000 miles/yr
Total out of pocket breakdown:
$995.00 Acquisition Fee
$633.54 First Payment
$12.50 NYS Tire Waste Fee
$77.00 Fuel Surcharge (Full tank of Gas)
$75.00 Doc Fee
$10.00 NYS Inspection
$250.00 Estimated Registration
$5.00 NYS Title Fee
= $2058.04 total out of pocket
$610.92 pre-tax using the .00130 base MF and 61% residual for 39/12. If the dealer quote includes sales tax, it looks pretty strong.
Great, what will my payments be if I decide to put 7 msd down?
Is this a good lease deal 2015 BMW 428XI Gran coupe
MSRP of the vehicle is $56,125
The selling price for the 2015 BMW 428i xDrive Gran Coupe M Sport is $52,185 and the breakdown is as follows:
39 months
$633.54/month
$2058.04 total out of pocket
12,000 miles/yr
Total out of pocket breakdown:
$995.00 Acquisition Fee
$633.54 First Payment
$12.50 NYS Tire Waste Fee
$77.00 Fuel Surcharge (Full tank of Gas)
$75.00 Doc Fee
$10.00 NYS Inspection
$250.00 Estimated Registration
$5.00 NYS Title Fee
= $2058.04 total out of pocket
$610.92 pre-tax using the .00130 base MF and 61% residual for 39/12. If the dealer quote includes sales tax, it looks pretty strong.
Great, what will my payments be if I decide to put 7 msd down?
Sorry, my earlier calculation was incorrect .. I was using 36 months, not 39.
With the 'base' MF of .00130, the pre-tax payment is $572.57. With 7 MSD, the MF drops to .00081 and the payment goes to $530.23.
Is this a good lease deal 2015 BMW 428XI Gran coupe
MSRP of the vehicle is $56,125
The selling price for the 2015 BMW 428i xDrive Gran Coupe M Sport is $52,185 and the breakdown is as follows:
39 months
$633.54/month
$2058.04 total out of pocket
12,000 miles/yr
Total out of pocket breakdown:
$995.00 Acquisition Fee
$633.54 First Payment
$12.50 NYS Tire Waste Fee
$77.00 Fuel Surcharge (Full tank of Gas)
$75.00 Doc Fee
$10.00 NYS Inspection
$250.00 Estimated Registration
$5.00 NYS Title Fee
= $2058.04 total out of pocket
$610.92 pre-tax using the .00130 base MF and 61% residual for 39/12. If the dealer quote includes sales tax, it looks pretty strong.
Great, what will my payments be if I decide to put 7 msd down?
Sorry, my earlier calculation was incorrect .. I was using 36 months, not 39.
With the 'base' MF of .00130, the pre-tax payment is $572.57. With 7 MSD, the MF drops to .00081 and the payment goes to $530.23.
I see, so is this a good deal?
$633/mo seems a lot, but I would need to know the amount of sales tax added into the cap cost.
The cap cost is $52,185, ny state tax 8.875 ($4631.40)
thanks.... Do you think its afair deal.. dealer is saying there is NO similar red convertible on east coast now..(highly doubt)
I think you can search inventory on the BMW website, so you should be able to prove or disprove your dealer's claim.
I would believe, however, that red is a rare color compared to silver, for example.
I appreciate your input.... i will search the inventory..(actually quick search shows at least 15 of them) But is this a fair deal you think?
If the dealer is using the base MF and you are getting a discount from sticker you are comfortable with, then the only way to improve the payment is to use MSD to buy down the money factor.
Hi, need help reviewing a deal for a 2015 428i Gran Coupe with Luxury Line, Drivers Asst, Dynamic, Premium, tech, HK sound, heated seats, alarm and enhanced USB.
Hi, need help reviewing a deal for a 2015 428i Gran Coupe with Luxury Line, Drivers Asst, Dynamic, Premium, tech, HK sound, heated seats, alarm and enhanced USB.
Is this a good lease deal 2015 BMW 428XI Gran coupe
MSRP of the vehicle is $56,125
The selling price for the 2015 BMW 428i xDrive Gran Coupe M Sport is $52,185 and the breakdown is as follows:
39 months
$633.54/month
$2058.04 total out of pocket
12,000 miles/yr
Total out of pocket breakdown:
$995.00 Acquisition Fee
$633.54 First Payment
$12.50 NYS Tire Waste Fee
$77.00 Fuel Surcharge (Full tank of Gas)
$75.00 Doc Fee
$10.00 NYS Inspection
$250.00 Estimated Registration
$5.00 NYS Title Fee
= $2058.04 total out of pocket
$610.92 pre-tax using the .00130 base MF and 61% residual for 39/12. If the dealer quote includes sales tax, it looks pretty strong.
Great, what will my payments be if I decide to put 7 msd down?
Sorry, my earlier calculation was incorrect .. I was using 36 months, not 39.
With the 'base' MF of .00130, the pre-tax payment is $572.57. With 7 MSD, the MF drops to .00081 and the payment goes to $530.23.
I see, so is this a good deal?
$633/mo seems a lot, but I would need to know the amount of sales tax added into the cap cost.
The cap cost is $52,185, ny state tax 8.875 ($4631.40)
The sales tax should only be applied to the depreciation amount (roughly $17,950), not the entire cap cost. About $1600, or $41/mo for 39 months.
With tax, the .00130 MF payment is $613, with the MSDs, $561. Your quote of $633/mo looks high by comparison.
what affects the price difference? residual and money factor?
what affects the price difference? residual value and money factor?
The MF is the big driver of the price difference. Residual is set by BMWFS and is fixed for lease term and miles per year.
So, the quote I got for 633/month has a higher mf?
I'm looking to lease a 435 Gran Coupe. I have this quote from the dealer. I'm interested in the 39 month option and wanted to see if it is fair/how much room I can negotiate. I'm new to this so all help is appreciated! Thanks! The options are: Mineral Grey metallic paint ($550) Driver Assistance Package ($950) Lighting Package ($1900) Premium Package ($2200) Sport Line ($1700) Technology Package ($3150) Heated Front Seats ($500) Harmon Kardon Surround ($875)
I'm looking to lease a 435 Gran Coupe. I have this quote from the dealer. I'm interested in the 39 month option and wanted to see if it is fair/how much room I can negotiate. I'm new to this so all help is appreciated! Thanks! The options are: Mineral Grey metallic paint ($550) Driver Assistance Package ($950) Lighting Package ($1900) Premium Package ($2200) Sport Line ($1700) Technology Package ($3150) Heated Front Seats ($500) Harmon Kardon Surround ($875)
.00130 and 61% for 39 months, 12,000 miles. Add 1% for 10,000 miles per year.
36 month residual are actually 1% less than 39 months in January.
We do not recommend putting any money down on a lease - only the up front costs should be paid at inception. Instead, consider making multiple security deposits with that money - it lowers the MF used in the lease calculation and the money is returned to you at the end of the lease.
What state are you in? The sales tax amount looks very high unless you live in Texas, Georgia, Maryland or Virginia - these states tax the entire sales price, even on a lease.
Using the MSRP and balance due amounts from your post, along with the MF and 39/12 residual I quoted above, I calculate a payment of $839.62. You might be able to negotiate more of a discount from sticker.
Also, consider reaching out to a second BMW dealer; competition can only help you.
I'm in California. Is that tax an estimate, or something I need to negotiate down?
In California, sales tax on a lease is calculated against a monthly payment. I suspect your dealer gave you a quote assuming you would purchase - or, the salesman doesn't understand how sales taxes are applied to a lease.
Money Factor: .00130 (based on Elite Credit) Residual is 60% = $33,915 Cap Cost = $53,000 (Invoice)
36 months $711.27/month* $2135.77 total out of pocket 12,000 miles/yr
OR
39 months $651.20/month* $2075.70 total out of pocket 12,000 miles/yr
The quotes are based off an Invoice and Selling Price of $53,000.
MSRP - $56,525 Cap Cost - $53,000 RV - 60% for 36 mo; 61% for 39 mo MF - .00130
36 month payment is $643.13+tax
39 month payment is $588.59+tax
is this a good deal?
Those are decent prices.... just forget the 36 month term.. it's not worth it. If you want to lease this vehicle, go with the 39 month option. That will simplify your choices.
I have a question, what is the invoice price for a 2015 428xi gran coupe? I thought it was $38,915, according to edmunds. Now the dealer tells me it's $39,595. Is that correct?
I have a question, what is the invoice price for a 2015 428xi gran coupe? I thought it was $38,915, according to edmunds. Now the dealer tells me it's $39,595. Is that correct?
The dealer is probably adding MACO (regional advertising fee) and the BMW training fee (around $200). Those are both on his invoice.
Can you advise on what a fair discount is on a 428ix gran coupe well optioned but is not sitting on the dealer lot? Might have to come from Germany.
Also, the input on MSD is invaluable however I've never seen what the cost of 1 Security Deposit should be. How much should this be? Do understand that each one should take the MF down by .0007
Can you advise on what a fair discount is on a 428ix gran coupe well optioned but is not sitting on the dealer lot? Might have to come from Germany.
Also, the input on MSD is invaluable however I've never seen what the cost of 1 Security Deposit should be. How much should this be? Do understand that each one should take the MF down by .0007
Thank You!
The best deals are usually 7% off MSRP minus any available incentives..
Each security deposit is the monthly payment, rounded up to the next $50 increment.
Just got a quote that the residual on 10k mile lease is 59%, is this true?
No ... not sure which model 4-series you are looking at (coupe, Gran Coupe, convertible), but the 39/15 residuals are either 58% or 59%. Add 3% for 10K.
Hi, one more question about my earlier post (435 gran coupe in California). The MF quoted by the dealer seems way too high. Are people in CA getting .00130?
From dealer: 36 mos lease 61% for 10k/yr or 60% for 12k/yr 39 mos lease 62% for 10k/yr or 61% for 12k/yr MF .0017
Comments
I would believe, however, that red is a rare color compared to silver, for example.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
So essentially the dealers are lying to me about the 36mo/15K/yr residual?
Isn't that completely illegal?
And just to confirm, for the 2015 435i M Sport, the 36mo/15K/yr residual is 60 percent, not 57 or 58 percent?
Also, can I roll the acquisition fee and the doc fee into the monthlies and just pay the California registration fee?
And the acquisition fee should be 725 and the doc fee under 200?
For a 58000 dollar 435i M Sport, is a total cap cost of 54000 reasonable to ask for?
Thanks again!
Dealer cannot adjust residual.
I believe if you want to add the acquisition fee into the cap cost, there is an increase to the MF to do that, though I don't know exactly how much.
We believe the current acquisition fee is $725; rumors exist of an increase by BMWFS, but we don't know if it's true, or by how much.
5-7% off MSRP is a good target to shoot for.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Sorry, my earlier calculation was incorrect .. I was using 36 months, not 39.
With the 'base' MF of .00130, the pre-tax payment is $572.57. With 7 MSD, the MF drops to .00081 and the payment goes to $530.23.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$633/mo seems a lot, but I would need to know the amount of sales tax added into the cap cost.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The cap cost is $52,185, ny state tax 8.875 ($4631.40)
The sales tax should only be applied to the depreciation amount (roughly $17,950), not the entire cap cost. About $1600, or $41/mo for 39 months.
With tax, the .00130 MF payment is $613, with the MSDs, $561. Your quote of $633/mo looks high by comparison.
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But is this a fair deal you think?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
39 month lease/ 15,000 miles per year
Residual is 59%; money factor .0013
MSRP - 53,075.00
Cap cost - 49,460.00
cash cap reduction - 0.00
Residual - 31,314.25
Bank fee- 795.00
tire fee - 7.00
doc fee: 80.00
Tax - 9.25%
DMV - 434
Drive-off - 1203.63
Total monthly payment - 646.43
I think it's good, but thanks for your thoughts!
I get $570/mo.+ tax.. or about $623/mo..
Other than the $23/mo. discrepancy, it looks good.
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The sales tax should only be applied to the depreciation amount (roughly $17,950), not the entire cap cost. About $1600, or $41/mo for 39 months.
With tax, the .00130 MF payment is $613, with the MSDs, $561. Your quote of $633/mo looks high by comparison.
what affects the price difference? residual and money factor?
invoice $51,940
MSRP $56,525
selling price $51,440,
MF .00130,
residual 62%
36/12k yr.
thanks in advance.
The sales tax should only be applied to the depreciation amount (roughly $17,950), not the entire cap cost. About $1600, or $41/mo for 39 months.
With tax, the .00130 MF payment is $613, with the MSDs, $561. Your quote of $633/mo looks high by comparison.
what affects the price difference? residual and money factor?
what affects the price difference? residual value and money factor?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
With tax, the .00130 MF payment is $613, with the MSDs, $561. Your quote of $633/mo looks high by comparison.
what affects the price difference? residual and money factor?
what affects the price difference? residual value and money factor?
The MF is the big driver of the price difference. Residual is set by BMWFS and is fixed for lease term and miles per year.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 month residuals are 1% less than 39 months in January.
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what affects the price difference? residual value and money factor?
The MF is the big driver of the price difference. Residual is set by BMWFS and is fixed for lease term and miles per year.
So, the quote I got for 633/month has a higher mf?
I don't know, but that could be one reason why the numbers are higher. Could also be hidden fees in the cap cost.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
what affects the price difference? residual value and money factor?
The MF is the big driver of the price difference. Residual is set by BMWFS and is fixed for lease term and miles per year.
So, the quote I got for 633/month has a higher mf?
I don't know, but that could be one reason why the numbers are higher. Could also be hidden fees in the cap cost.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$567.83+tax
Is that with msd?
No, that is with the base MF of .00130
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Msrp $56,125
Invoice $51,940
Selling $51,440
MF .00130
Residual 60%
36/12k yrs.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The options are:
Mineral Grey metallic paint ($550)
Driver Assistance Package ($950)
Lighting Package ($1900)
Premium Package ($2200)
Sport Line ($1700)
Technology Package ($3150)
Heated Front Seats ($500)
Harmon Kardon Surround ($875)
Vehicle Price: $58,575.00
AutoNation Savings: - $2,650.00
Vehicle Selling Price: $55,925.00
Sales Tax (estimate): + $4,902.98
Tag/Registration Fees (estimate): + $434.00
Flat Add/County Fee: + $20.00
Electronic Filing: + $29.00
Smog Abatement Fee: + $20.00
Documentation Fee: + $80.00
Balance Due (estimate): $61,410.98
No Trade-In
LEASE OPTIONS
Cash Due 36 months
10,000 Miles 36 months
12,000 Miles 39 months
10,000 Miles 39 months
12,000 Miles
Down Payment (10k miles, 36 months) (10k, 39) (12k, 36) (12k, 39)
$5,000 $703 $720 $645 $660
$10,000 $551 $568 $504 $520
$20,000 $247 $264 $223 $239
36 month residual are actually 1% less than 39 months in January.
We do not recommend putting any money down on a lease - only the up front costs should be paid at inception. Instead, consider making multiple security deposits with that money - it lowers the MF used in the lease calculation and the money is returned to you at the end of the lease.
What state are you in? The sales tax amount looks very high unless you live in Texas, Georgia, Maryland or Virginia - these states tax the entire sales price, even on a lease.
Using the MSRP and balance due amounts from your post, along with the MF and 39/12 residual I quoted above, I calculate a payment of $839.62. You might be able to negotiate more of a discount from sticker.
Also, consider reaching out to a second BMW dealer; competition can only help you.
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The lease quotes are as follows:
Money Factor: .00130 (based on Elite Credit)
Residual is 60% = $33,915
Cap Cost = $53,000 (Invoice)
36 months
$711.27/month*
$2135.77 total out of pocket
12,000 miles/yr
OR
39 months
$651.20/month*
$2075.70 total out of pocket
12,000 miles/yr
The quotes are based off an Invoice and Selling Price of $53,000.
Cap Cost - $53,000
RV - 60% for 36 mo; 61% for 39 mo
MF - .00130
36 month payment is $643.13+tax
39 month payment is $588.59+tax
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is this a good deal?
Those are decent prices.... just forget the 36 month term.. it's not worth it. If you want to lease this vehicle, go with the 39 month option. That will simplify your choices.
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The dealer is probably adding MACO (regional advertising fee) and the BMW training fee (around $200). Those are both on his invoice.
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Can you advise on what a fair discount is on a 428ix gran coupe well optioned but is not sitting on the dealer lot? Might have to come from Germany.
Also, the input on MSD is invaluable however I've never seen what the cost of 1 Security Deposit should be. How much should this be? Do understand that each one should take the MF down by .0007
Thank You!
The best deals are usually 7% off MSRP minus any available incentives..
Each security deposit is the monthly payment, rounded up to the next $50 increment.
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From dealer: 36 mos lease 61% for 10k/yr or 60% for 12k/yr
39 mos lease 62% for 10k/yr or 61% for 12k/yr
MF .0017
Sale price$ 52,000
39mo./12k miles per year
Fees up front - taxes rolled in
NY Reg zip 11214 - Brooklyn NY
Monthly payment: $619.00
The vehicle as built has an MSRP of $56,525