2015 BMW 328i Lease Questions

Michaell

wildwillis said:

Hi!  Wondering if you have the March money factor and residual for a 2015 328i GT.  39 months @ 12k miles assuming 39 months is still the best value.  Thanks in advance!!!

Looks like 36 months is the sweet spot in March.

.00129 and 65% for 36/12.

wildwillis

Michaell said:

Hi!  Wondering if you have the March money factor and residual for a 2015 328i GT.  39 months @ 12k miles assuming 39 months is still the best value.  Thanks in advance!!!

Looks like 36 months is the sweet spot in March. .00129 and 65% for 36/12.

Thanks so much!!!

redsequoia

Got a lease deal for an executive demo for a 2015 328i (with 3,000 miles on it), haven't seen many posts here regarding CPO leasing, would appreciate all your inputs. Below are the relevant info on my build:

MSRP: $39,900
Net Cap Cost: $35,500
Lease Term: 36 months
Residual: 63%
Mileage: 15k
MF: 0.0017
CA Tax Rate: 8.75%

I get to a monthly payment of $425/ mo post-tax, but the dealer told me he got to $443 because he told me I need to pay for the 3,000 existing miles on the vehicle for 20cents per mile, so that adds $600 to my depreciation cost!? To me that sounds absolutely ridicilous since I didn't drove those miles. Would appreciate any guidance you guys could provide here.

I also told him to lower my money factor to 0.0013 and trying to lower the net cap cost to $34,000 (based on TMV for 2014 328i with similar mileage). Not sure if the $34,000 number will fly, but appreciate any guidance you could provide on that too.

kyfdx

redsequoia said:

Got a lease deal for an executive demo for a 2015 328i (with 3,000 miles on it), haven't seen many posts here regarding CPO leasing, would appreciate all your inputs. Below are the relevant info on my build:

MSRP: $39,900
Net Cap Cost: $35,500
Lease Term: 36 months
Residual: 63%
Mileage: 15k
MF: 0.0017
CA Tax Rate: 8.75%

I get to a monthly payment of $425/ mo post-tax, but the dealer told me he got to $443 because he told me I need to pay for the 3,000 existing miles on the vehicle for 20cents per mile, so that adds $600 to my depreciation cost!? To me that sounds absolutely ridicilous since I didn't drove those miles. Would appreciate any guidance you guys could provide here.

I also told him to lower my money factor to 0.0013 and trying to lower the net cap cost to $34,000 (based on TMV for 2014 328i with similar mileage). Not sure if the $34,000 number will fly, but appreciate any guidance you could provide on that too.

The residual has to be reduced by the extra mileage. Since it's not brand-new, you would expect a corresponding drop in selling price (or more... that's where the saving is in a demo/loaner). So, the dealer is correct in the calculations.

Looks like you have the rest of it down... bargain hard on the money factor

yumcupcakes

I was considering buying, but now I am having second thoughts. This is my first time considering a lease.

What should I be looking at in terms of a lease for the following:

2015 328i
MSRP: 43,550
Selling Price: 38,000
Mileage 22K
Term: 36 months
Money Factor: .00169 (This is what I was told, but it seem high, I am in DFW area in TX)
Tax Rate: 6.25%
What would be my approximate residual? 60%?

I didn't want to put anything down. What am I looking at in terms of payment?

kyfdx

yumcupcakes said:

I was considering buying, but now I am having second thoughts. This is my first time considering a lease.

What should I be looking at in terms of a lease for the following:

2015 328i
MSRP: 43,550
Selling Price: 38,000
Mileage 22K
Term: 36 months
Money Factor: .00169 (This is what I was told, but it seem high, I am in DFW area in TX)
Tax Rate: 6.25%
What would be my approximate residual? 60%?

I didn't want to put anything down. What am I looking at in terms of payment?

Mileage 22K? Do you mean 12K per year? If it's 12K/yr, then the residual is 66%.

Money factor is marked up the maximum. Base is .00129

Be aware that in Texas you pay the full tax on the vehicle, even on a lease..

j1111

Can you provide MF and residual for 328i xdrive for 36/10k in PA?

kyfdx

j1111 said:

Can you provide MF and residual for 328i xdrive for 36/10k in PA?

.00129 MF and 66% residual

dyna5

Do you have the lease rates for 335xdrive 24 month and 36 month, both 10k miles? Thanks

kyfdx

dyna5 said:

Do you have the lease rates for 335xdrive 24 month and 36 month, both 10k miles? Thanks

.00129 MF and 72%/66% residual

bigtexxx

I'm hopping someone can help me with the money factor and residual value in march on a BMW 328i with 36 month lease and 15k/year... Also are there any special incentives. The car I am looking at has MSRP of 45500.00 what type of capitalized cost would be considered very good? Your help would be greatly appreciated I live in Houston, Tx...

Michaell

bigtexxx said:

I'm hopping someone can help me with the money factor and residual value in march on a BMW 328i with 36 month lease and 15k/year... Also are there any special incentives. The car I am looking at has MSRP of 45500.00 what type of capitalized cost would be considered very good? Your help would be greatly appreciated I live in Houston, Tx...

.00129 MF and 36/15 residual of 63%.

4-6% off MSRP is good for a BMW.

longphant

Hello. I've read through this thread and want to start off by saying thank you for all the information. I've learned a lot.

I went to the dealer and negotiated to buy the following:
BMW 2015 328xi
-Sport Line, Cold Weather, Premium, Driver Assistance, Lighting, Navigation

MSRP: $52,450
Selling price $48,100

I'm now looking to lease it for 36/10 or 36/12. Based on the posts for March, I've gathered a MF of .00129 and RV of 66%/10 and I assume 65%/12. I wanted to just go into the dealership knowing the exact figure I want.

I live in MA (6.25% tax)

For 36/10, it should be $509.64/mo including tax
For 36/12, it should be $523.55/mo including tax

I plan to pay the doc fee ($299), title ($135) up front. So my down payment will be $434 + FirstMonth.

-Am I miss any dealer incentives?
-Am I missing any fees? I've seen "registration fee" in multiple places...

Michaell

longphant said:

Hello. I've read through this thread and want to start off by saying thank you for all the information. I've learned a lot.

I went to the dealer and negotiated to buy the following:
BMW 2015 328xi
-Sport Line, Cold Weather, Premium, Driver Assistance, Lighting, Navigation

MSRP: $52,450
Selling price $48,100

I'm now looking to lease it for 36/10 or 36/12. Based on the posts for March, I've gathered a MF of .00129 and RV of 66%/10 and I assume 65%/12. I wanted to just go into the dealership knowing the exact figure I want.

I live in MA (6.25% tax)

For 36/10, it should be $509.64/mo including tax
For 36/12, it should be $523.55/mo including tax

I plan to pay the doc fee ($299), title ($135) up front. So my down payment will be $434 + FirstMonth.

-Am I miss any dealer incentives?
-Am I missing any fees? I've seen "registration fee" in multiple places...

There is an acquisition fee of $795 that is also due at signing.

I confirm the .00129 and 65% residual for 36/12.

I'm getting slightly different payments - $526.07/mo for 36/12 and $511.31/mo for 36/10 - not a huge difference, but still....

longphant

Michaell said:

There is an acquisition fee of $795 that is also due at signing.

I confirm the .00129 and 65% residual for 36/12.

I'm getting slightly different payments - $526.07/mo for 36/12 and $511.31/mo for 36/10 - not a huge difference, but still....

Thanks for the correction, I had made the calculation off a $52,540 MSRP (was a typo). I updated it to $52,450 and they match yours.

I read in this posting somewhere that the base acquisition fee is $725. Is that something that changes month to month or can it be done?

Michaell

longphant said:

Michaell said:

There is an acquisition fee of $795 that is also due at signing.

I confirm the .00129 and 65% residual for 36/12.

I'm getting slightly different payments - $526.07/mo for 36/12 and $511.31/mo for 36/10 - not a huge difference, but still....

Thanks for the correction, I had made the calculation off a $52,540 MSRP (was a typo). I updated it to $52,450 and they match yours.

I read in this posting somewhere that the base acquisition fee is $725. Is that something that changes month to month or can it be done?

The acquisition fee was increased to $795 earlier this year; the dealer is allowed to mark that up.

longphant

Michaell said:

The acquisition fee was increased to $795 earlier this year; the dealer is allowed to mark that up.

The $48,100 selling price the TMV from Edmunds and they agreed to match it. Do you know how seriously they take the Recent Grad program? I am about to graduate in May and definitely qualify for it. Do they only offer it when they give you a bad price or will they honor it even if you get an awesome deal?

Michaell

longphant said:

Michaell said:

The acquisition fee was increased to $795 earlier this year; the dealer is allowed to mark that up.

The $48,100 selling price the TMV from Edmunds and they agreed to match it. Do you know how seriously they take the Recent Grad program? I am about to graduate in May and definitely qualify for it. Do they only offer it when they give you a bad price or will they honor it even if you get an awesome deal?

If you qualify for it, it should be deducted off the negotiated price. Make sure you get them to understand that - lots of BMW dealers to work with if this one won't play ball.

longphant

I am in MA and I believe the fees are:
Doc fee $299
Title + registration $135

Then there's the acquisition fee of $795.

Do I need to pay sales tax on these 3 charges?

Michaell

longphant said:

I am in MA and I believe the fees are:
Doc fee $299
Title + registration $135

Then there's the acquisition fee of $795.

Do I need to pay sales tax on these 3 charges?

I think so, but not on all of them .. I believe the state title and registration are exempt.

My co-host may be able to weigh in on this ....

nmr2010

Does anyone know what is the cost program offer? Thanks!

kyfdx

longphant said:

I am in MA and I believe the fees are:
Doc fee $299
Title + registration $135

Then there's the acquisition fee of $795.

Do I need to pay sales tax on these 3 charges?

Agreed.. in most states, acquisition fee and doc fee are taxable... government fees are not.

Michaell

nmr2010 said:

Does anyone know what is the cost program offer? Thanks!

I've not heard of that

nmr2010

I have a 328i xDrive built. Anybody know how long generally I have to wait?

kris2

Can someone please share the MF and residual for 328i? 36 months, 10k/12k and 39 months, 10k/12k. Thanks much.

Michaell

nmr2010 said:

I have a 328i xDrive built. Anybody know how long generally I have to wait?

6-10 weeks

Michaell

kris2 said:

Can someone please share the MF and residual for 328i? 36 months, 10k/12k and 39 months, 10k/12k. Thanks much.

No 39 month programs in March.

36/12 numbers for the 328i are .00129 and 65%. Add 1% for 10K

nmr2010

I was told it needs 3 weeks. Anyone have experiences?

kris2

Thanks Michaell. Below is the car I purchased. Maybe I could have done a little better.

328xi GT (I loved the rear seat legroom which was more than a 5 series, since I have two kids that have growing legs and the pano roof was good!)

MSRP 48885
Selling Price 44647
MSDs - 3150 (Refundable, 7 each of 435)
Down Payment - 2140 (includes first month payment 435, 995 acquisition which was marked up 200, 80 doc fee and 392 registration)
MF (Rate of 0.8)
Monthly 435 (including taxes).
Hope I did not miss anything.

kris2

kris2 said:

Thanks Michaell. Below is the car I purchased. Maybe I could have done a little better.

328xi GT (I loved the rear seat legroom which was more than a 5 series, since I have two kids that have growing legs and the pano roof was good!)

MSRP 48885
Selling Price 44647
MSDs - 3150 (Refundable, 7 each of 435)
Down Payment - 2140 (includes first month payment 435, 995 acquisition which was marked up 200, 80 doc fee and 392 registration)
MF (Rate of 0.8)
Monthly 435 (including taxes).
Hope I did not miss anything.

This was a 10k, 66% residual.

kyfdx

nmr2010 said:

I was told it needs 3 weeks. Anyone have experiences?

3 weeks to build a car, and ship it on a boat from Germany?

Get a map and a calculator, and then tell us what you think...

kyfdx

kris2 said:

kris2 said:

Thanks Michaell. Below is the car I purchased. Maybe I could have done a little better.

328xi GT (I loved the rear seat legroom which was more than a 5 series, since I have two kids that have growing legs and the pano roof was good!)

MSRP 48885
Selling Price 44647
MSDs - 3150 (Refundable, 7 each of 435)
Down Payment - 2140 (includes first month payment 435, 995 acquisition which was marked up 200, 80 doc fee and 392 registration)
MF (Rate of 0.8)
Monthly 435 (including taxes).
Hope I did not miss anything.

This was a 10k, 66% residual.

I get $405+tax, so it looks like it's right on the money.. You have to love that 66% residual.

Smart move on the MSDs. Your $3150 loan to BMWFS saves you about $40/mo. 15.2% after-tax return. (7 X $450, not 7 X $435, though)

longphant

Do the RV and MF values change every month? Every two months? Random? What are the chances of it changing in April?

kyfdx

longphant said:

Do the RV and MF values change every month? Every two months? Random? What are the chances of it changing in April?

A new program comes out each month.... While the numbers may change for a particular model, they may not. Usually changes are small, when they happen.

The money factors have been pretty static over the last year.. Residuals are very high for the 3-series, this month.... doubt they can get any better, but they might..

It all depends on sales priorities... If they want to move more metal, the easiest way is with lease incentives.

longphant

Just curious, when do you think you'll have the April numbers? I know it's the 1st of the month so I don't expect you to have it now.

Michaell

longphant said:

Just curious, when do you think you'll have the April numbers? I know it's the 1st of the month so I don't expect you to have it now.

Ah, but we do have limited numbers .. which model are you interested in?

longphant

328xi. Wow, that was quick!

Michaell

longphant said:

328xi. Wow, that was quick!

.00130 and 65% for 36/10 - those are the only numbers we have at the moment.

johnj56

Michaell said:

longphant said:

328xi. Wow, that was quick!

.00130 and 65% for 36/10 - those are the only numbers we have at the moment.

Thanks to the moderator.

nmr2010

I leased a 328ix. I was told that I was enrolled the Encore visit program. Whenever there is a question and stop by BMW, then when they answer the question(s), the car will be washed and the tank will be fully filled. I was told by two different people two or three times that when come, make the tank is almost empty.

Does anyone know this program and have been use it? I feel it would be not appropriate to take the advantage for unnecessary stop by. What's the purpose of BMW?

nmr2010

Another question:
1. In Sports mode, when steadily breaking, the car behaves alternatively "speeding up" and "slowing down". Travelling way is like a wavelet manner.
2. Also in Sports model, when prepare to stop and move the foot from paddle, the car slows down quickly.

I never drove BMW before. I don't know if this is typical for MBW or not? Maybe the second is typical but the first may not be. Hope some people can answer these questions.

kyfdx

nmr2010 said:

I leased a 328ix. I was told that I was enrolled the Encore visit program. Whenever there is a question and stop by BMW, then when they answer the question(s), the car will be washed and the tank will be fully filled. I was told by two different people two or three times that when come, make the tank is almost empty.

Does anyone know this program and have been use it? I feel it would be not appropriate to take the advantage for unnecessary stop by. What's the purpose of BMW?

Never heard of it.. My dealer offers free answers and car washes... but, not free fill-ups

kyfdx

nmr2010 said:

Another question:
1. In Sports mode, when steadily breaking, the car behaves alternatively "speeding up" and "slowing down". Travelling way is like a wavelet manner.
2. Also in Sports model, when prepare to stop and move the foot from paddle, the car slows down quickly.

I never drove BMW before. I don't know if this is typical for MBW or not? Maybe the second is typical but the first may not be. Hope some people can answer these questions.

Stay out of Sports mode, unless you want spirited driving. Sports mode aggressively changes the shift points..... delays upshifts while accelerating, and aggressively downshifts while decelerating..

nmr2010

Thanks for your reply! Your insightful technical explanation is good. But, why is there delays when accelerating? Shouldn't this be a bad design?

lcharlton4

Thanks in advance, can I ask you for MF/REsidual for a 328xi and 328GT for 24/10, 24/12 and 36/12. as well as the updated incentives and or dealer cash? Also any 2014 lease support left? much appreciated

kyfdx

nmr2010 said:

Thanks for your reply! Your insightful technical explanation is good. But, why is there delays when accelerating? Shouldn't this be a bad design?

Delaying shift points increases speed and engine revs (and acceleration).

It's an automatic transmission.. if you want to shift your own gears, I'd suggest a manual.

kyfdx

lcharlton4 said:

Thanks in advance, can I ask you for MF/REsidual for a 328xi and 328GT for 24/10, 24/12 and 36/12. as well as the updated incentives and or dealer cash? Also any 2014 lease support left? much appreciated

.00130 MF and 64% residual for 36mo, 12K/yr. (either model)

24 month residuals are 6% higher. 10K/yr residuals are 1% higher

lcharlton4

Thanks kyfdx!

lcharlton4

Oops almost forgot to ask about current lease incentives.

Michaell

lcharlton4 said:

Oops almost forgot to ask about current lease incentives.

None that we see.