2015 BMW 3-Series Lease Questions

kyfdx

iroi said:

2015 BMW 328i xDrive

Alpine White
Premium Package
Cold Weather Package
Driver Assistance Package
NAV System

MSRP $47,645

Selling Price $38800

36/10

What monthly payment should I be targeting for? I'm in MN.

Thanks.

.00131 MF and 60% residual.

If you add the $925 acquistion fee for a CAP cost of $39725, payment is $399/mo.+tax
1st payment and title/registration/dealer fees due at signing.

iroi

kyfdx said:

2015 BMW 328i xDrive Alpine White Premium Package Cold Weather Package Driver Assistance Package NAV System MSRP $47,645 Selling Price $38800 36/10 What monthly payment should I be targeting for? I'm in MN. Thanks.

.00131 MF and 60% residual. If you add the $925 acquistion fee for a CAP cost of $39725, payment is $399/mo.+tax 1st payment and title/registration/dealer fees due at signing.

Thanks. I just made the deal and ended up with $358/mo + tax. I got .00111 MF eventually. Not very good and I'm OK with that.

Michaell

smallpig said:

Thanks Michaell for your help, is this selling price OK?

Michaell said:

smallpig said:

Plan to lease a 328i xDrive, 36/10000, this is what I got from local dealer, NYC area. The monthly payment I calculated is ~$420 assuming 60% RV and 0.000131 MF. Am I right? Can I do MSD in NY? Thanks for your help,

Mineral Grey
Black dakota
Premium Package
Driver Assist package
Cold Weather
Navigation
MSRP $48,150
124881
Selling price would be $39,200

Payment is $465 with first payment, dmv, and dealer fees up front.

MSDs are not allowed in NY.

Using your prices, I calculate a payment of $376/mo + tax.

Find out what the net cap cost is - if higher than the selling price, get the dealer to explain the difference.

Looks to be a good discount from sticker.

brooklynaudi

Any other incentives on 2015 328i xDrive besides $1500 buildout cash and $1500 Happier Holiday Adder??

kyfdx

brooklynaudi said:

Any other incentives on 2015 328i xDrive besides $1500 buildout cash and $1500 Happier Holiday Adder??

Not that we know of.

smallpig1

Got another quote from dealer. MSRP $44195, Selling price is $37200, I guess it is not that good, what should I ask for $36000? in NYC area. Any comments are welcome and appreciated.

December 17, 2015
2015 BMW 328XI 4DSDS
Exterior Color Alpine White
Interior Color Venetian Beige SensaTec
Stock Number 14266
MSRP $44,195.00
Options
153W 328xi S
300 Alpine White
KCDF Venetian Beige SensaTec
403 Moonroof
494 Heated front seats
4AB Dark Burl Walnut wood trim
4DM Highlight trim finishers pearl gloss chrome
609 Navigation system w/ touchpad
6AK BMW Online and BMW Apps
6AM Advanced Real-Time Traffic Information
6AP Remote Services
6WA Instrument cluster with extended contents
9AA Transport protection
ZTM Tier 2
Lender: BMW FS
Type: Lease
Term: 36 Months
Miles per year: 10,000 miles/year
Tax State: NY
Monthly Payment: $441.10 including 7.375% Sales Tax
Total Due at Delivery: $839.13
* Agreement terms must be finalized with submitted credit application by December 31, 2015

Michaell

brooklynaudi said:

Could I get residual for 2015 BMW 328i xDrive loaner with 7,672 miles?? MSRP is 52, 875

Depends on the lease term and how many miles per year you are looking for. That percentage is manually adjusted downward by .10-.25/mile for the miles on the unit in question.

Michaell

smallpig1 said:

Got another quote from dealer. MSRP $44195, Selling price is $37200, I guess it is not that good, what should I ask for $36000? in NYC area. Any comments are welcome and appreciated.

December 17, 2015
2015 BMW 328XI 4DSDS
Exterior Color Alpine White
Interior Color Venetian Beige SensaTec
Stock Number 14266
MSRP $44,195.00
Options
153W 328xi S
300 Alpine White
KCDF Venetian Beige SensaTec
403 Moonroof
494 Heated front seats
4AB Dark Burl Walnut wood trim
4DM Highlight trim finishers pearl gloss chrome
609 Navigation system w/ touchpad
6AK BMW Online and BMW Apps
6AM Advanced Real-Time Traffic Information
6AP Remote Services
6WA Instrument cluster with extended contents
9AA Transport protection
ZTM Tier 2
Lender: BMW FS
Type: Lease
Term: 36 Months
Miles per year: 10,000 miles/year
Tax State: NY
Monthly Payment: $441.10 including 7.375% Sales Tax
Total Due at Delivery: $839.13
* Agreement terms must be finalized with submitted credit application by December 31, 2015

.00131 and 60% for 36/10.

I get $408/mo with your numbers (including tax), so I suspect the net cap cost is higher than the selling price you've shared. Have the dealer tell you what's been added.

Can't help you with the selling price; we don't track those. Read back through the last few pages of this thread to see what others have been able to negotiate.

brooklynaudi

2015 BMW 328i xDrive
MSRP $47,965
UDE: $1,000
Selling Price $38,000

36m/12k coming up with a monthly payment of $417.23 (NYC tax 8.875% included and acquisition fee) sound about right? No miles on this one.

Michaell

brooklynaudi said:

2015 BMW 328i xDrive
MSRP $47,965
UDE: $1,000
Selling Price $38,000

36m/12k coming up with a monthly payment of $417.23 (NYC tax 8.875% included and acquisition fee) sound about right? No miles on this one.

My guess is the net cap cost is higher than the selling price - with those numbers I get $388/mo with tax.

brooklynaudi

Michaell said:

brooklynaudi said:

2015 BMW 328i xDrive
MSRP $47,965
UDE: $1,000
Selling Price $38,000

36m/12k coming up with a monthly payment of $417.23 (NYC tax 8.875% included and acquisition fee) sound about right? No miles on this one.

My guess is the net cap cost is higher than the selling price - with those numbers I get $388/mo with tax.

I believe the $925 acquisition fee is part of the adjusted cap cost. These are calculations I made myself using a lease calculator. I'm getting $389.25 without acquisition fee being rolled in.

smallpig1

brooklynaudi said:

2015 BMW 328i xDrive
MSRP $47,965
UDE: $1,000
Selling Price $38,000

36m/12k coming up with a monthly payment of $417.23 (NYC tax 8.875% included and acquisition fee) sound about right? No miles on this one.

Do you mind to share your dealer info? Thanks,

Michaell

brooklynaudi said:

Michaell said:

brooklynaudi said:

2015 BMW 328i xDrive
MSRP $47,965
UDE: $1,000
Selling Price $38,000

36m/12k coming up with a monthly payment of $417.23 (NYC tax 8.875% included and acquisition fee) sound about right? No miles on this one.

My guess is the net cap cost is higher than the selling price - with those numbers I get $388/mo with tax.

I believe the $925 acquisition fee is part of the adjusted cap cost. These are calculations I made myself using a lease calculator. I'm getting $389.25 without acquisition fee being rolled in.

That would explain it ... $925 / 36 = $26/mo.

brooklynaudi

MSRP 47965

Sell Price 39000

Fees Rolled In 925 (aquisition fee)

59% residual 

.00131 money factor 

8.875% sales tax 

Adjusted Cap 39925

Monthly Payment $448.90

Now the dealer has a different number and says monthly is $454.36 with first-month payment, registration fees, and documentary fees due at signing

The Gross Cap Cost is $39925.00 and Sales Tax is $1445.59.  The net cap cost is $41370.59.

I'm coming up with $1235.16 for tax. What's wrong here? This is NYC tax

kyfdx

brooklynaudi said:

MSRP 47965

Sell Price 39000

Fees Rolled In 925 (aquisition fee)

59% residual 

.00131 money factor 

8.875% sales tax 

Adjusted Cap 39925

Monthly Payment $448.90

Now the dealer has a different number and says monthly is $454.36 with first-month payment, registration fees, and documentary fees due at signing

The Gross Cap Cost is $39925.00 and Sales Tax is $1445.59.  The net cap cost is $41370.59.

I'm coming up with $1235.16 for tax. What's wrong here? This is NYC tax

$3000 of incentives are likely taxed.

brooklynaudi

Going to sign today if everything looks good.

MSRP 47965

Sell Price 38000 (UDE included)

Fees Rolled In 925 (aquisition fee)

59% residual 

.00131 money factor 

8.875% sales tax 

Adjusted Cap 39925

Monthly Payment $417.23 (give or take $5 woth tax on holiday adder) with first month down and doc fee ($395) due at signing. 

kyfdx

brooklynaudi said:

Going to sign today if everything looks good.

MSRP 47965

Sell Price 38000 (UDE included)

Fees Rolled In 925 (aquisition fee)

59% residual 

.00131 money factor 

8.875% sales tax 

Adjusted Cap 39925

Monthly Payment $417.23 (give or take $5 woth tax on holiday adder) with first month down and doc fee ($395) due at signing. 

That's a great deal on a $48K MSRP vehicle.

brooklynaudi

smallpig1 said:

2015 BMW 328i xDrive MSRP $47,965 UDE: $1,000 Selling Price $38,000 36m/12k coming up with a monthly payment of $417.23 (NYC tax 8.875% included and acquisition fee) sound about right? No miles on this one.

Do you mind to share your dealer info? Thanks,

Park Ave BMW in New Jersey

smallpig

Thanks a lot,

smallpig

Thanks a lot,

brooklynaudi said:

smallpig1 said:

brooklynaudi said:

2015 BMW 328i xDrive
MSRP $47,965
UDE: $1,000
Selling Price $38,000

36m/12k coming up with a monthly payment of $417.23 (NYC tax 8.875% included and acquisition fee) sound about right? No miles on this one.

Do you mind to share your dealer info? Thanks,

Park Ave BMW in New Jersey

bww2000

You should be doing MSDs to drop that payment another $25-50 ... A super return on $3000!

enki941

Can you please let me know the MF/RV for a 2016 328i @ 15k/36 and 15k/39 (if they offer it).
Also, do you know if they allow MSDs in Florida?
Thanks in advance!

kyfdx

enki941 said:

Can you please let me know the MF/RV for a 2016 328i @ 15k/36 and 15k/39 (if they offer it).
Also, do you know if they allow MSDs in Florida?
Thanks in advance!

.00131 MF and 59% residual for 36/15. $750 option credit + $750 Holiday adder.

As far as we know, the only state that does not allow MSDs is New York.

enki941

kyfdx said:

enki941 said:

Can you please let me know the MF/RV for a 2016 328i @ 15k/36 and 15k/39 (if they offer it).
Also, do you know if they allow MSDs in Florida?
Thanks in advance!

.00131 MF and 59% residual for 36/15. $750 option credit + $750 Holiday adder.

As far as we know, the only state that does not allow MSDs is New York.

Thanks!
So no more 39 month promotions on leases?

It seems like the residuals have gone down. When we leased our 2015 X1 we got 15k/39 with a 63% residual a year ago. Was hoping to see similar deals this year.

Am I correct in my understanding that a 2015 model with same lease terms would be 57% residual?

Patelshivam94

Any lease incentives on leftover 2015 328xi GT models?

Patelshivam94

enki941 said:

kyfdx said:

enki941 said:

Can you please let me know the MF/RV for a 2016 328i @ 15k/36 and 15k/39 (if they offer it).
Also, do you know if they allow MSDs in Florida?
Thanks in advance!

.00131 MF and 59% residual for 36/15. $750 option credit + $750 Holiday adder.

As far as we know, the only state that does not allow MSDs is New York.

Thanks!
So no more 39 month promotions on leases?

It seems like the residuals have gone down. When we leased our 2015 X1 we got 15k/39 with a 63% residual a year ago. Was hoping to see similar deals this year.

Am I correct in my understanding that a 2015 model with same lease terms would be 57% residual?

Yes, 2015 328i Residual for 36 Months/15k miles per year is 57%.

mirenjobra

Can you please post the money factor and residual for a 2015 335xi, 10k/36 months?

Any idea what kind of credits I should be expecting? I am just starting to shop and will be going to the dealer on Wednesday.

kyfdx

enki941 said:

kyfdx said:

enki941 said:

Can you please let me know the MF/RV for a 2016 328i @ 15k/36 and 15k/39 (if they offer it).
Also, do you know if they allow MSDs in Florida?
Thanks in advance!

.00131 MF and 59% residual for 36/15. $750 option credit + $750 Holiday adder.

As far as we know, the only state that does not allow MSDs is New York.

Thanks!
So no more 39 month promotions on leases?

It seems like the residuals have gone down. When we leased our 2015 X1 we got 15k/39 with a 63% residual a year ago. Was hoping to see similar deals this year.

Am I correct in my understanding that a 2015 model with same lease terms would be 57% residual?

No 39 month lease promotions on the 3-series.

Residuals for 2015 models are 2% lower than 2016 models (for the 328i)

kyfdx

Patelshivam94 said:

Any lease incentives on leftover 2015 328xi GT models?

$1500 buildout cash + $1500 Holiday adder

kyfdx

mirenjobra said:

Can you please post the money factor and residual for a 2015 335xi, 10k/36 months?

Any idea what kind of credits I should be expecting? I am just starting to shop and will be going to the dealer on Wednesday.

.00131 MF and 58% residual. $1500 buildout cash + $1500 Holiday adder

scusyxx

Is there a $1500 loyalty credit in December?

kyfdx

scusyxx said:

Is there a $1500 loyalty credit in December?

Not on a 3-series

modria2011

2015 328xi CPO Loaner 10K. Residual and Money Factor in PA?

Michaell

modria said:

2015 328xi CPO Loaner 10K. Residual and Money Factor in PA?

What lease term?

MF is .00131

wayne118

kyfdx said:

wayne118 said:

Hi, 
Please let me know the MF and RV for a 15k and 36 months lease on 328i RWD. San Francisco Bay Area. Any special if lease 24 or 39 months?

Thank you!

.00131 MF and 57% residual. $1500 buildout cash + $1500 Holiday adder

That is the best term.

Thanks for the valuable info provided. Committed to below deal (I have to fly 400 miles to get this lightly optioned 328i, as all remaining 328i in my local area are heavily optioned):

2015 328i RWD, with heated seat, driver assist package, moonroof
MSRP: 41,545
Selling price: 32,658
Residual: 57%
MF: 0.00082 with 7x MSD (7*$400 = $2,800)
Monthly = 350.10 (incl California taxes)
Drive off = first month + doc + registration + $2,800 of MSDs = $3,632.80

I think the number works out. Let me know if you think otherwise.

Thanks again!

Michaell

wayne118 said:

kyfdx said:

wayne118 said:

Hi, 
Please let me know the MF and RV for a 15k and 36 months lease on 328i RWD. San Francisco Bay Area. Any special if lease 24 or 39 months?

Thank you!

.00131 MF and 57% residual. $1500 buildout cash + $1500 Holiday adder

That is the best term.

Thanks for the valuable info provided. Committed to below deal (I have to fly 400 miles to get this lightly optioned 328i, as all remaining 328i in my local area are heavily optioned):

2015 328i RWD, with heated seat, driver assist package, moonroof
MSRP: 41,545
Selling price: 32,658
Residual: 57%
MF: 0.00082 with 7x MSD (7*$400 = $2,800)
Monthly = 350.10 (incl California taxes)
Drive off = first month + doc + registration + $2,800 of MSDs = $3,632.80

I think the number works out. Let me know if you think otherwise.

Thanks again!

What is the net cap cost? Assuming 9% sales tax, I get $322/mo with your numbers.

bimbee

i have the following deal offered to me on a used/executive car.

any feedback is greatly appreciated:

2015 328xi, premium, tech, driver assist, nav, lighting.
the car is an executive car with low mileage and discounted ~22% off msrp

51,550 msrp
39,799 selling price
1,115 down covering first payment/lic/reg/doc fee of 395
2,800 down for 7 msd
total drive off 3915
60% residual
0.00082 mf with 7 msds (0.00131 before msd)
36 mo/10k lease

monthly 385.91/mo incl. tax @6.25%

i am told the residual will be further discounted to reflect current mileage on car, at a rate of $0.15/mile. apparently this rate will go up in january, set by bmwfs.

i calculate 336/mo, but i am probably doing something wrong, as the quote did make sense to me - what do you think?
thanks in advance for all your help!

Michaell

bimbee said:

i have the following deal offered to me on a used/executive car.

any feedback is greatly appreciated:

2015 328xi, premium, tech, driver assist, nav, lighting.
the car is an executive car with low mileage and discounted ~22% off msrp

51,550 msrp
39,799 selling price
1,115 down covering first payment/lic/reg/doc fee of 395
2,800 down for 7 msd
total drive off 3915
60% residual
0.00082 mf with 7 msds (0.00131 before msd)
36 mo/10k lease

monthly 385.91/mo incl. tax @6.25%

i am told the residual will be further discounted to reflect current mileage on car, at a rate of $0.15/mile. apparently this rate will go up in january, set by bmwfs.

i calculate 336/mo, but i am probably doing something wrong, as the quote did make sense to me - what do you think?
thanks in advance for all your help!

Yes the calculated residual is adjusted for the miles, but you're getting a great discount from sticker to compensate.

ChrissyS

Hi! I have an offer from a dealer on a 2015 328. MSRP is 55,025. For a 36 month lease with 15k miles a year 599 a month including tax with 0 due at signing. I would need to pay 2500 to pay off my existing lease with 5 remaining payments and I'm over on miles. What do you think of this deal?

Michaell

chr1ssy22 said:

Hi! I have an offer from a dealer on a 2015 328. MSRP is 55,025. For a 36 month lease with 15k miles a year 599 a month including tax with 0 due at signing. I would need to pay 2500 to pay off my existing lease with 5 remaining payments and I'm over on miles. What do you think of this deal?

What is the selling price?

What state and tax rate?

Any other money due at signing other than the $2500?

Why are you wanting to end your lease early?

ChrissyS

Thanks for answering! Selling price is 47,860.00, MA 6%, no other money due at signing. I'm at my mileage as of today (45K miles). I figured it might be worth it to get a 2015 vs. waiting for a 2016.

ChrissyS

I'm not sure what to do. It seems like a good deal but I'm wondering if I can get a similar deal in a couple of months with a 2016. This is the first time there has been no pull ahead program that I can use. I'm wondering if I should just wait. Just figured with today being the last day of the year the offers might be better. Any advice would be greatly appreciated

Michaell

chr1ssy22 said:

I'm not sure what to do. It seems like a good deal but I'm wondering if I can get a similar deal in a couple of months with a 2016. This is the first time there has been no pull ahead program that I can use. I'm wondering if I should just wait. Just figured with today being the last day of the year the offers might be better. Any advice would be greatly appreciated

Can't tell you what the new numbers will look like - could be better, could be worse.

And, I don't make decisions with other people's money.

csnyder335i

Looking for some advice. I ordered my 340i on Oct 22 and it still in transit to the west coast. I am told that I still qualify for the rate and incentives in Oct but can not re-lock for the incentives and rates for Dec. I did re-apply for credit and I'm still being told I can not re-lock. If this true? It seems strange that I can still get the Oct incentives but can not re-lock or anything, its not like I signed anything other then a credit app. Any advice would be appreciated.

Michaell

csnyder335i said:

Looking for some advice. I ordered my 340i on Oct 22 and it still in transit to the west coast. I am told that I still qualify for the rate and incentives in Oct but can not re-lock for the incentives and rates for Dec. I did re-apply for credit and I'm still being told I can not re-lock. If this true? It seems strange that I can still get the Oct incentives but can not re-lock or anything, its not like I signed anything other then a credit app. Any advice would be appreciated.

As I understand it, you can either choose to lock in the terms from when you ordered the car (October) or the terms for the month in which you take delivery (January, I presume). We don't yet have the January numbers, so I can't tell you if they will be better or worse than those from last October.

samali1986

Please review (apologize for accidental post in BMW subsection--will delete there)

Current offer--
6500 down (Cash Cap Reduction * This seems way too much)
MSRP:43K
Govt Charges: 370.27
Doc Fee: 80.00
Acq Fee: 925.00
Gross Cap Cost: 36893L
Residual Vale: 23408
Net Cap Cost: 31,594.52
Monthly Payment (includes tax): 327.90$

Some info about the car..it is a CPO with over 6K Miles on it. How good is this deal? What is reasonable reducition for further negotiations? Warranty and oil are included.
Dealer is making it seem like it is a once in a life time thing. Would buying out the vehicle at end of lease be worthwhile?

scusyxx

What are the lease rates and incentives for January?
328i xdrive 36/10k

Michaell

scusyxx said:

What are the lease rates and incentives for January?
328i xdrive 36/10k

.00132 and 58%. $3000 buildout allowance.

Michaell

samali1986 said:

Please review (apologize for accidental post in BMW subsection--will delete there)

Current offer--
6500 down (Cash Cap Reduction * This seems way too much)
MSRP:43K
Govt Charges: 370.27
Doc Fee: 80.00
Acq Fee: 925.00
Gross Cap Cost: 36893L
Residual Vale: 23408
Net Cap Cost: 31,594.52
Monthly Payment (includes tax): 327.90$

Some info about the car..it is a CPO with over 6K Miles on it. How good is this deal? What is reasonable reducition for further negotiations? Warranty and oil are included.
Dealer is making it seem like it is a once in a life time thing. Would buying out the vehicle at end of lease be worthwhile?

This is a used car, not a dealer demo or loaner vehicle? If so, we don't have any information on used car leases.

I would agree that $6500 cap reduction is way too much; we recommend $0, to be honest. That money is at risk if the car is stolen or totaled.

samali1986

Michaell said:

This is a used car, not a dealer demo or loaner vehicle? If so, we don't have any information on used car leases.

I would agree that $6500 cap reduction is way too much; we recommend $0, to be honest. That money is at risk if the car is stolen or totaled.

Thanks for replying--This is a Dealer Demo, not really a used car. I agree , it would be awful financially if car was stolen/totaled . Dealer won't drop the DP option in our initial bargaining phases, but is willing to make it less as long as the rest is carried over in monthly .. Just said I can do 2.5K and have my payments at 400$ + tax..With Zero Down I assume they'd want my monthly payments at 508.45$. Is this really that much better?
We haven't dropped the cap cost or anything yet. This is for 36 months/10K, and I'm not even sure if asking for more mileage is a good idea, if I decide to purchase or lease another car with BMW later on..