2015 BMW 3-Series Lease Questions

Patelshivam94

kyfdx said:

Can I get numbers please for:

2015 328i xDrive 
2015 328i xDrive GT 
2015 335i xDrive GT

2015 528i xDrive 
2015 528i xDrive GT

36 Months / 15k miles per year.

Thanks, in advance. 

.00130 MF 2015 328i xDrive 2015 328i xDrive GT 2015 335i xDrive GT All 62% residual 2015 528i xDrive 60% residual 2015 528i xDrive GT I don't think the 5-series GT comes in a 528 model.

Thanks for the prompt reply kyfdx, meant 535i xDrive GT.

muffinflavored

Can I get M3 sweet spot numbers please?

Michaell

muffinflavored said:

Can I get M3 sweet spot numbers please?

.00130 and 62% for 36/15

muffinflavored

Michaell said:

muffinflavored said:

Can I get M3 sweet spot numbers please?

.00130 and 62% for 36/15

What's the residual for the shortest lease you can do? What would that be, 24 months?

Does that mean 65% for 36/10?

Michaell

muffinflavored said:

Michaell said:

muffinflavored said:

Can I get M3 sweet spot numbers please?

.00130 and 62% for 36/15

What's the residual for the shortest lease you can do? What would that be, 24 months?

Does that mean 65% for 36/10?

68% for 24/15.

Yes, add 3% to go from 15K to 10K miles per year.

pruck0107

Hi Michaell,
Looking to lease a 2015 335 xdrive. Msrp is 59xxx. Dealer is offering $695 for 36mo/12k, $3000 at signing, 7% sales tax/dealer/doc/reg fees all included. Seem reasonable?
Thank you!

kyfdx

pruck0107 said:

Hi Michaell,
Looking to lease a 2015 335 xdrive. Msrp is 59xxx. Dealer is offering $695 for 36mo/12k, $3000 at signing, 7% sales tax/dealer/doc/reg fees all included. Seem reasonable?
Thank you!

To evaluate, we need MSRP, selling price and state.

pruck0107

kyfdx said:

pruck0107 said:

Hi Michaell,
Looking to lease a 2015 335 xdrive. Msrp is 59xxx. Dealer is offering $695 for 36mo/12k, $3000 at signing, 7% sales tax/dealer/doc/reg fees all included. Seem reasonable?
Thank you!

To evaluate, we need MSRP, selling price and state.

MSRP:$59680
selling price:$57180
Rhode Island.

Thanks!

johnj56

looking at 2015 328i xdrive 36month/10K
Msrp $49210.00
sell $45911.75
UDE $1,000 rebate
Adjusted cap cost $44911.75
MF .00130
Res 65%
tax 7.38
Taxes $1,356.56

due at signing $2,695.56
includes First month payment $459
acquisition fee $795
documentary fee $75
inspection fee $10
tax on cap cost red. $73.75
State sales tax $1,218.65
Doc. fee tax $5.53
Tax on upfront acq. $58.63

total inception fees $2,695.56
Credits disbursed as:
Negative surplus cash -$2,695.56

deal rebate as cap $1,000

Monthly payment $459.00

Any feedback?

kyfdx

pruck0107 said:

kyfdx said:

pruck0107 said:

Hi Michaell,
Looking to lease a 2015 335 xdrive. Msrp is 59xxx. Dealer is offering $695 for 36mo/12k, $3000 at signing, 7% sales tax/dealer/doc/reg fees all included. Seem reasonable?
Thank you!

To evaluate, we need MSRP, selling price and state.

MSRP:$59680
selling price:$57180
Rhode Island.

Thanks!

.00130 MF and 64% residual

If the selling price equals the CAP cost, the payment would be $651/mo.+tax. (which is pretty close to your payment).

So, the question becomes: Is $3000 upfront fair?
$795 acquisition fee, $695 1st payment, $500 title/registration/doc fees (?).

That's only $2000... so, maybe the deal is about $1000 high.

Also, $2500 off MSRP is only about 4%.. I would shoot for 6-7% off... That's another $1000, at least..

So, $695/mo. with $1000 due at signing would be a fair deal. (IMHO).

kyfdx

johnj56 said:

looking at 2015 328i xdrive 36month/10K
Msrp $49210.00
sell $45911.75
UDE $1,000 rebate
Adjusted cap cost $44911.75
MF .00130
Res 65%
tax 7.38
Taxes $1,356.56

due at signing $2,695.56
includes First month payment $459
acquisition fee $795
documentary fee $75
inspection fee $10
tax on cap cost red. $73.75
State sales tax $1,218.65
Doc. fee tax $5.53
Tax on upfront acq. $58.63

total inception fees $2,695.56
Credits disbursed as:
Negative surplus cash -$2,695.56

deal rebate as cap $1,000

Monthly payment $459.00

Any feedback?

The numbers are right on the money.. no markups and 6.7% off MSRP.. (plus the UDE rebate!).

The only thing I would do differently is roll the tax and acquisition fee into the CAP cost... That changes the payment to $517.mo.

This is NY, right?

johnj56

kyfdx said:

johnj56 said:

looking at 2015 328i xdrive 36month/10K
Msrp $49210.00
sell $45911.75
UDE $1,000 rebate
Adjusted cap cost $44911.75
MF .00130
Res 65%
tax 7.38
Taxes $1,356.56

due at signing $2,695.56
includes First month payment $459
acquisition fee $795
documentary fee $75
inspection fee $10
tax on cap cost red. $73.75
State sales tax $1,218.65
Doc. fee tax $5.53
Tax on upfront acq. $58.63

total inception fees $2,695.56
Credits disbursed as:
Negative surplus cash -$2,695.56

deal rebate as cap $1,000

Monthly payment $459.00

Any feedback?

The numbers are right on the money.. no markups and 6.7% off MSRP.. (plus the UDE rebate!).

The only thing I would do differently is roll the tax and acquisition fee into the CAP cost... That changes the payment to $517.mo.

This is NY, right?

Yes. Thank you. It seemed to be a pretty transparent deal offered from the dealer. With such a big purchase a second opinion is always appreciated. I will probably go ahead and pay the tax up front with a zero interest for one year credit card offer I took advantage of. I really like the idea of keeping monthly down as much as I can without out of pocket cap cost.

pruck0107

kyfdx said:

.00130 MF and 64% residual

If the selling price equals the CAP cost, the payment would be $651/mo.+tax. (which is pretty close to your payment).

So, the question becomes: Is $3000 upfront fair?
$795 acquisition fee, $695 1st payment, $500 title/registration/doc fees (?).

That's only $2000... so, maybe the deal is about $1000 high.

Also, $2500 off MSRP is only about 4%.. I would shoot for 6-7% off... That's another $1000, at least..

So, $695/mo. with $1000 due at signing would be a fair deal. (IMHO).

So based on what you're saying and confirmed by both edmunds true market and truecar, I'm going to shop around. With this better understanding it looks like I can save $1100 up front and $30+/mo.
Thank you so much!

kerb

Greetings kyfdx, could you kindly provide the buy rate and residual for a '15 320i based upon a 36/10 and 39/10, as well as current incentives, Thx.

Michaell

kerb said:

Greetings kyfdx, could you kindly provide the buy rate and residual for a '15 320i based upon a 36/10 and 39/10, as well as current incentives, Thx.

No 39 month programs for April, I'm afraid.

.00130 and 64% for 36/10

kerb

Thank you

brooklynaudi

Could I please have MF/residual for the following?

2015 BMW 320i xDrive 36months/12k
2015 BMW 320i 36 months/12k

Thanks

kyfdx

brooklynaudi said:

Could I please have MF/residual for the following?

2015 BMW 320i xDrive 36months/12k
2015 BMW 320i 36 months/12k

Thanks

.00130 MF and 63% residual for either model.

brooklynaudi

Thanks, do you happen to have the bank fee for BMW also?

Michaell

brooklynaudi said:

Thanks, do you happen to have the bank fee for BMW also?

$795

brooklynaudi

Thanks for the help!

stuartshu

Little help please:
What is the MF and residual for 36mth /10k lease on 328GT and 335GT.
Does bmw offer 36mth 7500 leases? If so, can someone provide those MF's and residuals also?
Thx

Michaell

stuartshu said:

Little help please:
What is the MF and residual for 36mth /10k lease on 328GT and 335GT.
Does bmw offer 36mth 7500 leases? If so, can someone provide those MF's and residuals also?
Thx

.00130 and 65%.

Not 100% certain that BMW offers 7500 mile leases, but if they do, add 1% to the 10K number provided.

pruck0107

kyfdx said:

.00130 MF and 64% residual

If the selling price equals the CAP cost, the payment would be $651/mo.+tax. (which is pretty close to your payment).

So, the question becomes: Is $3000 upfront fair?
$795 acquisition fee, $695 1st payment, $500 title/registration/doc fees (?).

That's only $2000... so, maybe the deal is about $1000 high.

Also, $2500 off MSRP is only about 4%.. I would shoot for 6-7% off... That's another $1000, at least..

So, $695/mo. with $1000 due at signing would be a fair deal. (IMHO).

So I've shopped around and pitted 2 dealers against each other. Left my up front fees($1500) as a deposit today as the car I want has to be ordered.
2015 335i x drive m sport. Premium/tech/driver assistance 1/dynamic handling/Harmon kardon/paddle shifters/m sport brakes and associated 19" wheels. Sticker is $60875, with the $1500 total out of pocket and 12k/36mo, payment is $670 including tax.
How'd I do?

Michaell

pruck0107 said:

kyfdx said:

.00130 MF and 64% residual

If the selling price equals the CAP cost, the payment would be $651/mo.+tax. (which is pretty close to your payment).

So, the question becomes: Is $3000 upfront fair?
$795 acquisition fee, $695 1st payment, $500 title/registration/doc fees (?).

That's only $2000... so, maybe the deal is about $1000 high.

Also, $2500 off MSRP is only about 4%.. I would shoot for 6-7% off... That's another $1000, at least..

So, $695/mo. with $1000 due at signing would be a fair deal. (IMHO).

So I've shopped around and pitted 2 dealers against each other. Left my up front fees($1500) as a deposit today as the car I want has to be ordered.
2015 335i x drive m sport. Premium/tech/driver assistance 1/dynamic handling/Harmon kardon/paddle shifters/m sport brakes and associated 19" wheels. Sticker is $60875, with the $1500 total out of pocket and 12k/36mo, payment is $670 including tax.
How'd I do?

What is the selling price / cap cost?

spidpooy

May I have the MF and RV for 320 sDrive with 10k and 12k for 24 and 36 months ?

Michaell

spidpooy said:

May I have the MF and RV for 320 sDrive with 10k and 12k for 24 and 36 months ?

Limited BMW information for May ... 65% and .00129 for 36/10. $1000 option credit.

sonrk

I feel like a newbie but I went to the dealership to see if I can get a decent deal on a Lease 320xi

Imperial Blue
Moonroof
Navigation
Power Seats
Heated Seats

41,600
Discount: 4,593
Sale Price: 37,007
Residual: 65% (27,000)
MF: ??


2783 due at signing
907 Tax
800 Acq Fee
300 DMV
299 Doc Fee
360 First Month

3 years / 10k miles
$360/month

Where am I possibly be messing up at? I'm super new to Leasing, so I am trying to see where I am potentially being abused on. Could someone point me in the right direction?

Michaell

sonrk said:

I feel like a newbie but I went to the dealership to see if I can get a decent deal on a Lease 320xi Imperial Blue Moonroof Navigation Power Seats Heated Seats 41,600 Discount: 4,593 Sale Price: 37,007 Residual: 65% (27,000) MF: ?? 2783 due at signing 907 Tax 800 Acq Fee 300 DMV 299 Doc Fee 360 First Month 3 years / 10k miles $360/month Where am I possibly be messing up at? I'm super new to Leasing, so I am trying to see where I am potentially being abused on. Could someone point me in the right direction?

MF this month is .00129. With your numbers I get a pre-tax payment of $359.48/mo. Calculations seem ok to me. 

jc919

Can I please get the MF and Residual for 335i xdrive? 36 or 39 months, 10k & 12k. Thank you!

Michaell

jc919 said:

Can I please get the MF and Residual for 335i xdrive? 36 or 39 months, 10k & 12k. Thank you!

No 39 month programs from BMW this month.

36/12 is .00129 and 65%. $1000 anniversary cash.

inquiztiv

hello,

first time leasee looking to lease a 2015 BMW 328i xDrive Sedan in south jersey

MSRP - $43,500.00
Monthly lease payments of $349.00 for 36 months
$4,144.00 cash due at signing, includes
down payment - $3,000.00
first month payment - $349.00
acquisition fee - $795.00

security deposit - $.00

Tax, title, license, registration and dealer fees are additional fees due at signing.

Purchase option at lease end (excluding tax, title, and other government fees) is $28,710.00.


Please advise if this is good price, thanks

kyfdx

inquiztiv said:

hello,

first time leasee looking to lease a 2015 BMW 328i xDrive Sedan in south jersey

MSRP - $43,500.00
Monthly lease payments of $349.00 for 36 months
$4,144.00 cash due at signing, includes
down payment - $3,000.00
first month payment - $349.00
acquisition fee - $795.00

security deposit - $.00

Tax, title, license, registration and dealer fees are additional fees due at signing.

Purchase option at lease end (excluding tax, title, and other government fees) is $28,710.00.


Please advise if this is good price, thanks

That's just a copy/paste of the advertised national lease deal. Do you have an actual offer?

inquiztiv

I reached out to couple of dealers last night for their offers, thought I would base my negotiations with them on the advice I get here. 
Will post the quotes I get

thanks

konacoug

<first time leasee looking to lease a 2015 BMW 328i xDrive Sedan in south jersey

MSRP - $43,500.00
Monthly lease payments of $349.00 for 36 months
$4,144.00 cash due at signing, includes
down payment - $3,000.00
first month payment - $349.00
acquisition fee - $795.00

security deposit - $.00

Tax, title, license, registration and dealer fees are additional fees due at signing.

Purchase option at lease end (excluding tax, title, and other government fees) is $28,710.00.


Please advise if this is good price, thanks

The short answer is no, this deal sucks....do yourself a huge favor and learn about leasing. BMW offers the best lease deals due to inflated residual values of their vehicles. In order to obtain a good deal, you need to understand all the different parts of a lease. What is the MSRP of the vehicle, the selling price, the invoice price, the money factor, acquisition fee, doc fee and any other associated costs. The biggest thing to remember, is please don't be a payment buyer, the dealer will juggle the numbers to get to your desired payment. Edmunds has a great lease calculator and you can plug in numbers to see how the different variables affect the monthly payment. The other advice I could give you is NEVER put money down to de cap the lease. All you are doing is just prepaying the lease, with the added risk of putting your down payment at risk, if anything ever happens to the car. Instead, you can use multiple security deposits(MSD) which lower the money factor(the lease interest rate) and are fully refundable at the lease end.

Lastly, do you want to lease off the lot or order a car? If you want to order a car, you could do a PCD delivery in Spartanburg and use any dealer in the nation. If you want to find a reputable CA, look on the other BMW forums for a recommendation of CA's in your area, try Bimmerfest or Bimmerpost.

Good luck

balme

Greetings learning my way around here. Looking to lease a 2015 BMW 328i in central NJ (Middlesex, Monmouth areas). Can someone please post MF/Residuals for following lease? I am seeing 36/12k 66% .00126 & 36/15k 63% .00129 Is this correct? Thanks!

36/12k

36/15k

Thanks much

Michaell

balme said:

Greetings learning my way around here. Looking to lease a 2015 BMW 328i in central NJ (Middlesex, Monmouth areas). Can someone please post MF/Residuals for following lease? I am seeing 36/12k 66% .00126 & 36/15k 63% .00129 Is this correct? Thanks!

36/12k

36/15k

Thanks much

.00129 and 63% for 36/15. $1000 anniversary credit.

Add 2% for 12K

balme

Michaell said:

balme said:

Greetings learning my way around here. Looking to lease a 2015 BMW 328i in central NJ (Middlesex, Monmouth areas). Can someone please post MF/Residuals for following lease? I am seeing 36/12k 66% .00126 & 36/15k 63% .00129 Is this correct? Thanks!

36/12k

36/15k

Thanks much

.00129 and 63% for 36/15. $1000 anniversary credit.

Add 2% for 12K

Thanks much appreciated.

tke743

Can we get the 36/12 MF and residual for a 328i sport wagon? Are there 39/12 rates out there? TY

Michaell

tke743 said:

Can we get the 36/12 MF and residual for a 328i sport wagon? Are there 39/12 rates out there? TY

No 39 month programs from BMW for May; 36/12 on the gasoline wagon are .00129 and 64%. $1000 anniversary cash.

tusharbmw

Can I get the 36/10 and 24/10 MF and residual for 328i ? Thanks in advance.

Michaell

tusharbmw said:

Can I get the 36/10 and 24/10 MF and residual for 328i ? Thanks in advance.

.00129 and 72% / 66% residual. $1000 anniversary cash.

tec7

Could you provide MF/residual for Ohio?

2015 BMW 320i xDrive 36months/12k
2015 BMW 328i xDrive 36 months/12k

kyfdx

tec7 said:

Could you provide MF/residual for Ohio?

2015 BMW 320i xDrive 36months/12k
2015 BMW 328i xDrive 36 months/12k

.00129 MF and 64% (320), 65% (328) residual. $1000 Anniversary credit.

tec7

Thanks much!!

woahgurt

Was at the dealership last Saturday and the salesman brewed up a 1.69% interest rate. Does this sound right?

I keep seeing .00129 (3.096%) around here so I'm thinking this guy is unsure of what he is talking about.
Also, how does the $1000 anniversary credit work; when does it apply?

kyfdx

woahgurt said:

Was at the dealership last Saturday and the salesman brewed up a 1.69% interest rate. Does this sound right?

I keep seeing .00129 (3.096%) around here so I'm thinking this guy is unsure of what he is talking about.
Also, how does the $1000 anniversary credit work; when does it apply?

It's more likely that he is trying to quote .00169 MF. Which is the maximum mark-up from the base rate of .00129. He knows what he is talking about, he is just trying to hide the true number.

Pretty sure that the $1000 has to be shown as a CAP cost reduction on the lease (Manufacturer to consumer rebate). In other words, it will be taxed.

tusharbmw

Here is the quote I got for 2015 328i xdrive : MRSP: 48150
selling price: 43543

MF: 0.00129
residual: 72% (2yr/10k)
state: NJ (7% sales tax)

down: 3159 (includes tax,dmv fee, acquisition fee(995) + first payment)
monthly installment: 504 (2yrs/10k)

Does the calculations look good? Where can I find the inventory price based on which i can negotiate? what should be my target price?

Appreciate your help.

woahgurt

kyfdx said:

woahgurt said:

Was at the dealership last Saturday and the salesman brewed up a 1.69% interest rate. Does this sound right?

I keep seeing .00129 (3.096%) around here so I'm thinking this guy is unsure of what he is talking about.
Also, how does the $1000 anniversary credit work; when does it apply?

It's more likely that he is trying to quote .00169 MF. Which is the maximum mark-up from the base rate of .00129. He knows what he is talking about, he is just trying to hide the true number.

Pretty sure that the $1000 has to be shown as a CAP cost reduction on the lease (Manufacturer to consumer rebate). In other words, it will be taxed.

Thank you! I just double checked and he ran numbers for a 1.9% APR interest rate. So essentially he supposedly ran monthly payments with a 0.00079 MF, if the 1.9% rate was true. Correct me if I'm wrong. Also, he did not mention anything about an anniversary credit. Can salesmen really not tell you about these things? I'm glad I walked off the lot; I said I would be back after doing some research.

I am eyeing a 328i that is about 45k MRSP. Hopefully I'll be able to get it down to 40-41k (is this possible?). Once I negotiate the price down to as close as invoice price I possibly can, should I bring up money factor, residual, security deposit, etc? What's the most fool proof method to make my payments as low as possible? Sorry, this must be a really general question. As you can tell, this is my first time negotiating a lease. My primary concern is how the math is once I'm done negotiating a sales price.

Here's an example I came up with, let me know if it's accurate.
MSRP: $45000
Selling price: $40500
Residual value: $29250 (65%)
Depreciation: $11250 (36 mo. / 12k mi)
Monthly depreciation: $312.50

Now here is where I am confused. With an interest rate of 1.92%, how do I calculate monthly interest to add to the monthly depreciation? (CA Sales tax @ 7.5%).

Michaell

woahgurt said:

kyfdx said:

woahgurt said:

Was at the dealership last Saturday and the salesman brewed up a 1.69% interest rate. Does this sound right?

I keep seeing .00129 (3.096%) around here so I'm thinking this guy is unsure of what he is talking about.
Also, how does the $1000 anniversary credit work; when does it apply?

It's more likely that he is trying to quote .00169 MF. Which is the maximum mark-up from the base rate of .00129. He knows what he is talking about, he is just trying to hide the true number.

Pretty sure that the $1000 has to be shown as a CAP cost reduction on the lease (Manufacturer to consumer rebate). In other words, it will be taxed.

Thank you! I just double checked and he ran numbers for a 1.9% APR interest rate. So essentially he supposedly ran monthly payments with a 0.00079 MF, if the 1.9% rate was true. Correct me if I'm wrong. Also, he did not mention anything about an anniversary credit. Can salesmen really not tell you about these things? I'm glad I walked off the lot; I said I would be back after doing some research.

I am eyeing a 328i that is about 45k MRSP. Hopefully I'll be able to get it down to 40-41k (is this possible?). Once I negotiate the price down to as close as invoice price I possibly can, should I bring up money factor, residual, security deposit, etc? What's the most fool proof method to make my payments as low as possible? Sorry, this must be a really general question. As you can tell, this is my first time negotiating a lease. My primary concern is how the math is once I'm done negotiating a sales price.

Here's an example I came up with, let me know if it's accurate.
MSRP: $45000
Selling price: $40500
Residual value: $29250 (65%)
Depreciation: $11250 (36 mo. / 12k mi)
Monthly depreciation: $312.50

Now here is where I am confused. With an interest rate of 1.92%, how do I calculate monthly interest to add to the monthly depreciation? (CA Sales tax @ 7.5%).

Use this handy dandy article to build your own lease calculator:

http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html