2015 BMW 3-Series Lease Questions

kyfdx

ezew said:

With that adjusted CAP cost, I get $275/mo.+tax, so $299/mo.looks right, assuming approx 8% tax rate.

What you don't list is the amount due at signing. I'd guess all those "other fees", plus the $2100 in MSDs, plus 1st payment are all due at signing. (minus the acq.fee..that looks to be in the CAP?)

Total Add Cap: Looks like a marked-up acquisition fee ($795 base). Hopefully, that's in the payment.
Cap cost reduction: Downpayment included in your due at signing, to get the payment under $300.
Cap Cost tax: Any amounts paid upfront have to be taxed upfront.

So, is your "due at signing"
$299 1st payment
$2100 MSDs
$700 other fees/CCR

If it's $3100 upfront and $299/mo, that's a great deal... Especially with $2100 coming back at lease end.

Thanks for the response. You nailed it exactly as it is $3100 up front ($2100 of it on MSD, $263.36 cap cost reduction, rest are fees)

So my question is it normal practice for BMW to include the "Total Add Cap" (guessing Acq Fee) into the CAP cost? Because excluding it and paying it as a one time fee would lower the payment.

This was just the initial offer I got without negotiating was a bit skeptical if it was a good deal or not.

Thanks!

You can pay the acquisition fee upfront or add it to the CAP cost... there is no normal practice. It makes little difference, either way.

328orx3

Hello

My first time leasing in GA and here is what I am being quoted....think these prices are exorbitant but wanted to get your thoughts. How do you suggest I proceed?

MSRP: 41,575
RESIDUAL: 22,866.25
UPFRONT: $1500
-First Monthly Pymt : $620.89
-License Fee: $20
-Warr Rights Fee: $3
-Dealer Service Charge: $599
-Title Fee: $18
-Dealer Title Fee: $98
-Additional Cash as Cap Reduction: $141.11
MF: .00168

This is for a 36 month 12K lease.

Michaell

328orx3 said:

Hello

My first time leasing in GA and here is what I am being quoted....think these prices are exorbitant but wanted to get your thoughts. How do you suggest I proceed?

MSRP: 41,575
RESIDUAL: 22,866.25
UPFRONT: $1500
-First Monthly Pymt : $620.89
-License Fee: $20
-Warr Rights Fee: $3
-Dealer Service Charge: $599
-Title Fee: $18
-Dealer Title Fee: $98
-Additional Cash as Cap Reduction: $141.11
MF: .00168

This is for a 36 month 12K lease.

MF is marked up the max from the base of .00128. What is the selling price? Also, in GA you pay "ad valorem" tax on the entire selling price, which hurts you on a lease.

328orx3

Michaell said:

328orx3 said:

Hello

My first time leasing in GA and here is what I am being quoted....think these prices are exorbitant but wanted to get your thoughts. How do you suggest I proceed?

MSRP: 41,575
RESIDUAL: 22,866.25
UPFRONT: $1500
-First Monthly Pymt : $620.89
-License Fee: $20
-Warr Rights Fee: $3
-Dealer Service Charge: $599
-Title Fee: $18
-Dealer Title Fee: $98
-Additional Cash as Cap Reduction: $141.11
MF: .00168

This is for a 36 month 12K lease.

MF is marked up the max from the base of .00128. What is the selling price? Also, in GA you pay "ad valorem" tax on the entire selling price, which hurts you on a lease.

37833 is the "true" price....

jaysarr

Just an incentive Q on a 320i lease- Is the $1000 innovation credit the same as the Anniversary credit? Really not sure what is a "innovation credit" and how one qualifies for it? Thanks for your help.

kyfdx

jaysarr said:

Just an incentive Q on a 320i lease- Is the $1000 innovation credit the same as the Anniversary credit? Really not sure what is a "innovation credit" and how one qualifies for it? Thanks for your help.

They are the same thing...

This month on the 3-series, they call it the Anniversary credit (40th anniversary of the 1st 3-series)
On the rest of the model line-up it's called the Innovation credit (left over from last ad campaign).

You don't have to qualify... it's a consumer incentive.

Michaell

328orx3 said:

Michaell said:

328orx3 said:

Hello

My first time leasing in GA and here is what I am being quoted....think these prices are exorbitant but wanted to get your thoughts. How do you suggest I proceed?

MSRP: 41,575
RESIDUAL: 22,866.25
UPFRONT: $1500
-First Monthly Pymt : $620.89
-License Fee: $20
-Warr Rights Fee: $3
-Dealer Service Charge: $599
-Title Fee: $18
-Dealer Title Fee: $98
-Additional Cash as Cap Reduction: $141.11
MF: .00168

This is for a 36 month 12K lease.

MF is marked up the max from the base of .00128. What is the selling price? Also, in GA you pay "ad valorem" tax on the entire selling price, which hurts you on a lease.

37833 is the "true" price....

Which model is this? I'm showing 65% residual for the 328i this month for 36/12, or a residual value of $27,024. With your MSRP and selling price, and using the base MF, I get a payment of $383/mo before tax.

You need to find out what the net cap cost is; my guess it's much higher than the $37,833 selling price they've quoted you. Marked up MF isn't doing you any favors, either.

carguy10108

I received this quote for a 328d. Looks pretty good but was wondering if I can do any better or knock off a fee or two or if they were hiding anything in here. Also wondering if I'm pretty sure I'll be on the low mileage side, better to get the 10k/yr and then buy miles later? I'd probably take the chance I end up lower and pay $.16/mile later rather than more for .15 now:

YOUR PRICE $38,280.00 PLUS TAX AND FEES
MINUS BMW 3 SERIES INCENTIVE $1,000.00
MINUS BMW ECO CREDITS $500.00
MINUS MAY CREDITS $800.00
MINUS BMW TEAM USA EVENT $1,000.00
YOUR NET PRICE $34,980.00

I guess the May credit disappeared between then and now.

TOTAL AS EQUIPPED $40,890.00
SELLING PRICE $35,780.00

Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year
Money Factor 1.28
Residual Factor 64%

Selling Price $35,780.00
Bank Fee $795.00

Total Capitalized Cost
$36,575.00

Residual Value $26,169.60



Monthly Payment $365.42
Tax (9%) $32.89

Monthly Payment + Tax $398.31

Capital Reduction $135.31
Cap Reduction Tax (9%) $19.38
License & Registration $367.00
Documentation Fee $80.00
First Payment $398.31
Security Deposit $0.00

Drive Off $1,000.00

Trade Equity $0.00
Rebate(TEAM USA EVENT) $1,000.00

Due at Signing ($0.00)

-------------------------------------
Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 15,000/year
Money Factor 1.28
Residual Factor 62%

Selling Price $35,780.00
Bank Fee $795.00

Total Capitalized Cost
$36,575.00

Residual Value $25,351.80


Monthly Payment $387.74
Tax (9%) $34.90

Monthly Payment + Tax $422.64

Capital Reduction $112.99
Cap Reduction Tax (9%) $17.37
License & Registration $367.00
Documentation Fee $80.00
First Payment $422.64
Security Deposit $0.00

Drive Off $1,000.00

Trade Equity $0.00
Rebate(TEAM USA EVENT) $1,000.00

Due at Signing ($0.00)

Michaell

carguy10108 said:

I received this quote for a 328d. Looks pretty good but was wondering if I can do any better or knock off a fee or two or if they were hiding anything in here. Also wondering if I'm pretty sure I'll be on the low mileage side, better to get the 10k/yr and then buy miles later? I'd probably take the chance I end up lower and pay $.16/mile later rather than more for .15 now:

YOUR PRICE $38,280.00 PLUS TAX AND FEES
MINUS BMW 3 SERIES INCENTIVE $1,000.00
MINUS BMW ECO CREDITS $500.00
MINUS MAY CREDITS $800.00
MINUS BMW TEAM USA EVENT $1,000.00
YOUR NET PRICE $34,980.00

I guess the May credit disappeared between then and now.

TOTAL AS EQUIPPED $40,890.00
SELLING PRICE $35,780.00

Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year
Money Factor 1.28
Residual Factor 64%

Selling Price $35,780.00
Bank Fee $795.00

Total Capitalized Cost
$36,575.00

Residual Value $26,169.60

Monthly Payment $365.42
Tax (9%) $32.89

Monthly Payment + Tax $398.31

Capital Reduction $135.31
Cap Reduction Tax (9%) $19.38
License & Registration $367.00
Documentation Fee $80.00
First Payment $398.31
Security Deposit $0.00

Drive Off $1,000.00

Trade Equity $0.00
Rebate(TEAM USA EVENT) $1,000.00

Due at Signing ($0.00)

-------------------------------------
Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 15,000/year
Money Factor 1.28
Residual Factor 62%

Selling Price $35,780.00
Bank Fee $795.00

Total Capitalized Cost
$36,575.00

Residual Value $25,351.80


Monthly Payment $387.74
Tax (9%) $34.90

Monthly Payment + Tax $422.64

Capital Reduction $112.99
Cap Reduction Tax (9%) $17.37
License & Registration $367.00
Documentation Fee $80.00
First Payment $422.64
Security Deposit $0.00

Drive Off $1,000.00

Trade Equity $0.00
Rebate(TEAM USA EVENT) $1,000.00

Due at Signing ($0.00)

Using the $40,890 MSRP and $36,575 net cap cost with the 64% residual and .00128 MF, I get a payment of $402.59 with tax. Your quote looks pretty good by comparison.

carguy10108

I appreciate you taking a second look at it. Can you explain this part though?

Capital Reduction $112.99
Cap Reduction Tax (9%) $17.37

kyfdx

carguy10108 said:

I appreciate you taking a second look at it. Can you explain this part though?

Capital Reduction $112.99
Cap Reduction Tax (9%) $17.37

The 112.99 is what's left over from your $1000, after 1st payment and fees are paid.. That money is used to reduce the CAP cost. Any money paid upfront is taxed upfront.. and that's where the tax comes from. (the doc fee and cap reduction are taxed).

mahler12x

What kind of residuals are going for the 335i? 12,000 miles and 15,000 miles? Also, can one get the Team USA event without actually attending an event? The next one in California isn't till August.

kyfdx

mahler12x said:

What kind of residuals are going for the 335i? 12,000 miles and 15,000 miles? Also, can one get the Team USA event without actually attending an event? The next one in California isn't till August.

.00128 MF and 65%/63% residual for 36 months.

No rebate without the certificate

lamusic

Whats the current residual for the 24 month/10k lease? Also, is there a BMW loyalty MF? I remember there was when I leased my last car. Thanks!

kyfdx

lamusic said:

Whats the current residual for the 24 month/10k lease? Also, is there a BMW loyalty MF? I remember there was when I leased my last car. Thanks!

Which model 3-series?

mahler12x

kyfdx said:

mahler12x said:

What kind of residuals are going for the 335i? 12,000 miles and 15,000 miles? Also, can one get the Team USA event without actually attending an event? The next one in California isn't till August.

.00128 MF and 65%/63% residual for 36 months.

No rebate without the certificate

Are there any differences in residual for xDrive? So a 335ix and a 328ix will both have the same residual for 35/10, 36/12 and 36/15? Also, it appears Edmunds is saying you should be able to get a 3-Series below invoice. What % off MSRP, after options, should one be shooting for as a "good" or "great" deal?

Thanks so much for your replies!

ezew

Just closed the following 320 w/ power, heated and xenon

MSRP: 36,295
Sale: 32,000
Cap Reduction: 796.55
Adjusted Cap: 31,203.45
MSD: $2100
MF: .00114 (after MSD and Bank Fee bump)
Bank Fee: $0 (incorporated into the increase in MF)
Total Fees Including First Month's Payment and Cap Reduction: 1600

Drive off including MSD (2100) and Safe Lease (1375): $5075

Monthly Payment w/ tax : $298.56

I was a little confused at first at them taking out the bank fee and rolling it into a higher MF, but I calculated it both ways with the .00079 MF (w/ MSD) while paying the bank fee up front and it seems to come out the same.

Appreciate any input, thanks!

Michaell

mahler12x said:

kyfdx said:

mahler12x said:

What kind of residuals are going for the 335i? 12,000 miles and 15,000 miles? Also, can one get the Team USA event without actually attending an event? The next one in California isn't till August.

.00128 MF and 65%/63% residual for 36 months.

No rebate without the certificate

Are there any differences in residual for xDrive? So a 335ix and a 328ix will both have the same residual for 35/10, 36/12 and 36/15? Also, it appears Edmunds is saying you should be able to get a 3-Series below invoice. What % off MSRP, after options, should one be shooting for as a "good" or "great" deal?

Thanks so much for your replies!

Residuals are the same for 328i, 328xi, 335i and 335xi.

Generally, 5-7% off sticker is doing well for BMW.

Michaell

ezew said:

Just closed the following 320 w/ power, heated and xenon

MSRP: 36,295
Sale: 32,000
Cap Reduction: 796.55
Adjusted Cap: 31,203.45
MSD: $2100
MF: .00114 (after MSD and Bank Fee bump)
Bank Fee: $0 (incorporated into the increase in MF)
Total Fees Including First Month's Payment and Cap Reduction: 1600

Drive off including MSD (2100) and Safe Lease (1375): $5075

Monthly Payment w/ tax : $298.56

I was a little confused at first at them taking out the bank fee and rolling it into a higher MF, but I calculated it both ways with the .00079 MF (w/ MSD) while paying the bank fee up front and it seems to come out the same.

Appreciate any input, thanks!

Looks good - less than $300/mo for a car that stickers for $36K is not a bad deal at all.

Enjoy!

aic

Can anyone in Michigan comment on their experience?

I've been looking for 2015 328i xdrive w/prem, nav, cold weather. I'm trying to find $500 over invoice, 36/15K, $795 acquisition, .00128 money factor. 

In addition to being treated like I'm a jerk, I'm being told no one will sign that deal- the dealership would lose money. Also, that I may think I know what I'm talking about but,I know squat. Also, acq fee in Michigan is $995 and standard money factor is .00155. 

Can anyone explain what I'm doing wrong?  Should I expect to pay markup on all three figures (acq/selling price/mf)?

Any insight is greatly appreciated!

kyfdx

aic said:

Can anyone in Michigan comment on their experience?

I've been looking for 2015 328i xdrive w/prem, nav, cold weather. I'm trying to find $500 over invoice, 36/15K, $795 acquisition, .00128 money factor. 

In addition to being treated like I'm a jerk, I'm being told no one will sign that deal- the dealership would lose money. Also, that I may think I know what I'm talking about but,I know squat. Also, acq fee in Michigan is $995 and standard money factor is .00155. 

Can anyone explain what I'm doing wrong?  Should I expect to pay markup on all three figures (acq/selling price/mf)?

Any insight is greatly appreciated!

Well... you know all the correct numbers.. Most dealers will be upfront about their markups and not lie about it.. When I run into that, I just move on to another dealer. Once a dealer starts telling me I don't know what I'm talking about, they usually finish talking to the back of my head.

andre1

Hi. I'm looking for the money factor and residuals for the 2015 BMW 335i Sedan for the following.

24 months, 10,000 miles
36 months, 10,000 miles

Thanks.

Michaell

andre1 said:

Hi. I'm looking for the money factor and residuals for the 2015 BMW 335i Sedan for the following.

24 months, 10,000 miles
36 months, 10,000 miles

Thanks.

.00128 and 72% / 66%. $1000 anniversary credit.

hotkristin

Looking for some help here guys with some numbers....
I was quoted the following and I am trying to see if the deal is a good one or if they are just trying to take advantage of a female!

2015 320 Xdrive
MSRP $37495
36 month
10K miles per year
Payment including tax $384
Due at signing: $1540 (includes first payment, 795 acquisition fee, tax, tags, ect.)

How did I do???? Can I do better than this?

Thank you in advance!

kyfdx

hotkristin said:

Looking for some help here guys with some numbers....
I was quoted the following and I am trying to see if the deal is a good one or if they are just trying to take advantage of a female!

2015 320 Xdrive
MSRP $37495
36 month
10K miles per year
Payment including tax $384
Due at signing: $1540 (includes first payment, 795 acquisition fee, tax, tags, ect.)

How did I do???? Can I do better than this?

Thank you in advance!

.00128 MF and 65% residual. $1000 credit.

To know if your payment is good, need the selling price, CAP cost, state and tax rate.

mahler12x

How soon before July numbers (residuals, incentives) are known on 328xi and 335xi?

Michaell

mahler12x said:

How soon before July numbers (residuals, incentives) are known on 328xi and 335xi?

The current BMW numbers are good until 6/30. If we're lucky, we'll see the July numbers before the end of next week.

spe135

I've received the following lease quote:

2015 BMW 328i xdrive
MSRP: 49,650
Selling Price: 43,900
Net Cap Cost: 44,895($995 Acquisition Fee Added)
36 Months
10,000 miles
MF 0.00128
64.4% residual (Car has 2451 miles on it)
7.25% Tax Rate Included(I live in Illinois)
Due @ Signing: First Months Payment + $25 title fee + $168.43 state documentation fee + $196 new plate fee
$485 Monthly Payment

Does this look right? Anywhere I can negotiate monthly payment down further?

kyfdx

spe135 said:

I've received the following lease quote:

2015 BMW 328i xdrive
MSRP: 49,650
Selling Price: 43,900
Net Cap Cost: 44,895($995 Acquisition Fee Added)
36 Months
10,000 miles
MF 0.00128
64.4% residual (Car has 2451 miles on it)
7.25% Tax Rate Included(I live in Illinois)
Due @ Signing: First Months Payment + $25 title fee + $168.43 state documentation fee + $196 new plate fee
$485 Monthly Payment

Does this look right? Anywhere I can negotiate monthly payment down further?

I get $457/mo.+tax, so calculations are close..

Acquisition fee is marked up from the base $795 amount.
Only other thing to bargain on is the selling price... Being a loaner/demo, I'm not sure how much room they have, but you need a deal that's at least $1000 less than what you could get on a brand-new one, or it's not worth it. You might be at that point, but it wouldn't hurt to try and get it lower.. Every $1000 less saves you about $31/mo.tax inclusive.

zoombie99

For those thinking about leasing or buying a 3 series within the next few months, make sure you go to the local "BMW Drive For Team USA Drive" and get a $1,000.00 coupon code from BMW.

https://www.bmwusa.com/secured/content/forms/DFTUSA.aspx

You don't need a code to register,

When leasing or buying a BMW afterwards, DO NOT TELL THE DEALER that you have the code until you reach a final price.

spe135

kyfdx said:

spe135 said:

I've received the following lease quote:

2015 BMW 328i xdrive
MSRP: 49,650
Selling Price: 43,900
Net Cap Cost: 44,895($995 Acquisition Fee Added)
36 Months
10,000 miles
MF 0.00128
64.4% residual (Car has 2451 miles on it)
7.25% Tax Rate Included(I live in Illinois)
Due @ Signing: First Months Payment + $25 title fee + $168.43 state documentation fee + $196 new plate fee
$485 Monthly Payment

Does this look right? Anywhere I can negotiate monthly payment down further?

I get $457/mo.+tax, so calculations are close..

Acquisition fee is marked up from the base $795 amount.
Only other thing to bargain on is the selling price... Being a loaner/demo, I'm not sure how much room they have, but you need a deal that's at least $1000 less than what you could get on a brand-new one, or it's not worth it. You might be at that point, but it wouldn't hurt to try and get it lower.. Every $1000 less saves you about $31/mo.tax inclusive.

The dealer lowered the acquisition fee to $795 and the selling price to 42,900. Monthly payment now is $469. It is not quite $31 less per month but the dealer says they can go no lower as they won't make any money on this lease.

hotkristin

kyfdx said:

hotkristin said:

Looking for some help here guys with some numbers....
I was quoted the following and I am trying to see if the deal is a good one or if they are just trying to take advantage of a female!

2015 320 Xdrive
MSRP $37495
36 month
10K miles per year
Payment including tax $384
Due at signing: $1540 (includes first payment, 795 acquisition fee, tax, tags, ect.)

How did I do???? Can I do better than this?

Thank you in advance!

.00128 MF and 65% residual. $1000 credit.

To know if your payment is good, need the selling price, CAP cost, state and tax rate.

Ok...so here is what I have:

37495 MSRP
Pennsylvania tax of 9 percent
0 Down Payment
0 Security Deposit
795 Acquisition Fee

1540 due at signing 384 a month tax included.....

hotkristin

Basically this offer

Current 320i xDrive Sedan Special Offers

2015 Financing Offer
2015 Lease Offer
.Well equipped with features such as Sport Package, cruise control, and Bluetooth® wireless communication for hands-free mobile phone and includes Destination charges. Sport Package Includes Matte Chrome Exterior Trim, M steering wheel, 18" Light Alloy Wheel with Mixed Performance Tires or All Season Tires, Anthracite headliner, Sport seats and M sport suspension.

$349*/month for 36 months.





• $349 First months payment
• $0 Down payment
• $0 Security Deposit

• $795 Acquisition fee
• $1,144 Cash due at signing

• $0 Down payment. $1,000 Anniversary Credit included in payment.

meh3485

I got a deal from a bmw dealership in NJ for a used 2015 335xi, just want to make sure its a good deal

MSRP - 53,425
Sale Price - 42,987
MF - 0.00079
Residual - 0.65
Miles - 5000
Lease term - 36 month
Miles per year - 12k
Monthly payment - 345.00
7 MSD = 2,450
Total out of pocket - 3,686 (2450 MSD + 345 First Month + 891 Taxes and DMV)

The dealer said BMW wouldnt let them use the grad incentive or anniversary incentive since the car had already been titled. Does anybody know if this is true or not?

Thanks!

Michaell

meh3485 said:

I got a deal from a bmw dealership in NJ for a used 2015 335xi, just want to make sure its a good deal MSRP - 53,425 Sale Price - 42,987 MF - 0.00079 Residual - 0.65 Miles - 5000 Lease term - 36 month Miles per year - 12k Monthly payment - 345.00 7 MSD = 2,450 Total out of pocket - 3,686 (2450 MSD + 345 First Month + 891 Taxes and DMV) The dealer said BMW wouldnt let them use the grad incentive or anniversary incentive since the car had already been titled. Does anybody know if this is true or not? Thanks!

Seriously? $345/mo on a car that stickers for $53K is an amazing deal. Might need you to negotiate my next lease...

edmundshoya

Michaell said:

Patelshivam94 said:

Can I get the May numbers please for:

2015 328i xDrive 
2015 328i Diesel xDrive
2015 328i xDrive GT
2015 428i xDrive 

36 Months / 15K Miles per year.

Thank You.

EDIT: Please provide 24 months as well, if more favorable. Thanks, in advance.

.00129 MF for all

328ix - 63% and $1000 anniversary credit
328dx - 62% and $1000 anniversary credit + $500 eco credit
328ix GT - 62% and $1000 anniversary credit
428ix - 59%

36 months is the sweet spot this month.

Hi Mod,
To clarify, are any of these models wagons?
I was quoted today at a dealer the same 00129 MF and also a 65% residual for the gas wagon, the diesel wagon, and the 328ix GT, all at 36/10,000.

Do you agree?

That seems like a very high residual vs the 54% for an Allroad.

Thank you!

kyfdx

edmundshoya said:

Michaell said:

Patelshivam94 said:

Can I get the May numbers please for:

2015 328i xDrive 
2015 328i Diesel xDrive
2015 328i xDrive GT
2015 428i xDrive 

36 Months / 15K Miles per year.

Thank You.

EDIT: Please provide 24 months as well, if more favorable. Thanks, in advance.

.00129 MF for all

328ix - 63% and $1000 anniversary credit
328dx - 62% and $1000 anniversary credit + $500 eco credit
328ix GT - 62% and $1000 anniversary credit
428ix - 59%

36 months is the sweet spot this month.

Hi Mod,
To clarify, are any of these models wagons?
I was quoted today at a dealer the same 00129 MF and also a 65% residual for the gas wagon, the diesel wagon, and the 328ix GT, all at 36/10,000.

Do you agree?

That seems like a very high residual vs the 54% for an Allroad.

Thank you!

None of the above were wagons.

65% is correct for the GT and the gas wagon, but the diesel wagon is 64% residual for 36mo, 10K/yr.

Yes, BMW residuals are better than Audi.

mahler12x

meh3485 said:

I got a deal from a bmw dealership in NJ for a used 2015 335xi, just want to make sure its a good deal

MSRP - 53,425
Sale Price - 42,987
MF - 0.00079
Residual - 0.65
Miles - 5000
Lease term - 36 month
Miles per year - 12k
Monthly payment - 345.00
7 MSD = 2,450
Total out of pocket - 3,686 (2450 MSD + 345 First Month + 891 Taxes and DMV)

The dealer said BMW wouldnt let them use the grad incentive or anniversary incentive since the car had already been titled. Does anybody know if this is true or not?

Thanks!

I take it this was a loaner or something? I didn't think you could lease a "used" BMW. Am I wrong? That deal is freakin incredible. I'm assuming you used the anniversary credit as well as a Team USA credit? You need to tell us how you got it. What trim and options? How you found that particular car, etc. Did the dealer point you toward it? It's exactly what I'm looking for.

thehin

Can you please provide the JULY residuals and money factors for the 2015 BMW 328i xDrive for the following:

10K/3yr
12K/3yr
15K/3yr

edmundshoya

Hi can you please confirm this: 328d xdrive wagon.
000128 MF

less 7 security deposits,

should lower the MF by 00049.

so new MF would be .00079 ( or 1.896%)

correct?

if my old pmt was $370 pretax, what my new pmt? Thnk you

kyfdx

thehin said:

Can you please provide the JULY residuals and money factors for the 2015 BMW 328i xDrive for the following:

10K/3yr
12K/3yr
15K/3yr

.00130 MF and 66%/65%/63% residual. $1000 buildout cash

kyfdx

edmundshoya said:

Hi can you please confirm this: 328d xdrive wagon.
000128 MF

less 7 security deposits,

should lower the MF by 00049.

so new MF would be .00079 ( or 1.896%)

correct?

if my old pmt was $370 pretax, what my new pmt? Thnk you

As of July 1st, the base MF is .00130, so the new 7 MSD MF would be .00081.

Would need to know all of the numbers for an exact reduction in payment, but it's around $32/mo.

Save yourself some time and trouble. Quit converting the money factor to an interest rate. That won't help you calculate a lease payment. That's what the money factor does for you.

vkid83

kyfdx said:

thehin said:

Can you please provide the JULY residuals and money factors for the 2015 BMW 328i xDrive for the following:

10K/3yr
12K/3yr
15K/3yr

.00130 MF and 66%/65%/63% residual. $1000 buildout cash

Is the $1000 buildout cash similar to innovation/anniversary credit given by BMW NA directly? It looks like the base MF has been increased from .00128 to .00130 for the month on July? I was expecting more credit in July given than 340i will start showing up next month and they would have increased the incentive to quickly move existing 2015 cars.

Are the lease rates same for 335i as well?

Michaell

vkid83 said:

kyfdx said:

thehin said:

Can you please provide the JULY residuals and money factors for the 2015 BMW 328i xDrive for the following:

10K/3yr
12K/3yr
15K/3yr

.00130 MF and 66%/65%/63% residual. $1000 buildout cash

Is the $1000 buildout cash similar to innovation/anniversary credit given by BMW NA directly? It looks like the base MF has been increased from .00128 to .00130 for the month on July? I was expecting more credit in July given than 340i will start showing up next month and they would have increased the incentive to quickly move existing 2015 cars.

Are the lease rates same for 335i as well?

Yes, BMW changes the name of the incentive to fit their marketing. This is a factory to dealer incentive that the dealer can pass along to the customer.

Rarely does the MF change by more than .00001 or .00002 in a given month. Incentives may increase as the 2016's start to hit the lots in numbers and there is a lot of 2015 inventory still available.

meh3485

mahler12x said:

meh3485 said:

I got a deal from a bmw dealership in NJ for a used 2015 335xi, just want to make sure its a good deal

MSRP - 53,425
Sale Price - 42,987
MF - 0.00079
Residual - 0.65
Miles - 5000
Lease term - 36 month
Miles per year - 12k
Monthly payment - 345.00
7 MSD = 2,450
Total out of pocket - 3,686 (2450 MSD + 345 First Month + 891 Taxes and DMV)

The dealer said BMW wouldnt let them use the grad incentive or anniversary incentive since the car had already been titled. Does anybody know if this is true or not?

Thanks!

I take it this was a loaner or something? I didn't think you could lease a "used" BMW. Am I wrong? That deal is freakin incredible. I'm assuming you used the anniversary credit as well as a Team USA credit? You need to tell us how you got it. What trim and options? How you found that particular car, etc. Did the dealer point you toward it? It's exactly what I'm looking for.

mahler12x yes it was an executive demo used by the people at bmw corporate. And they would not let me use any credits, not the anniversary, grad or team usa. And I was just looking at all nearby dealerships, checked out the inventory, and spoke to the sales person. They initially wanted 450 or so, but when I started asking about MF, Residual and 7 MSD, they finally came down on price.

Although they did get me in the end by getting me to buy the tire/rim protection package for $1800. so that brought my payment up to 399

edmundshoya

kyfdx said:

edmundshoya said:

Hi can you please confirm this: 328d xdrive wagon.
000128 MF

less 7 security deposits,

should lower the MF by 00049.

so new MF would be .00079 ( or 1.896%)

correct?

if my old pmt was $370 pretax, what my new pmt? Thnk you

As of July 1st, the base MF is .00130, so the new 7 MSD MF would be .00081.

Would need to know all of the numbers for an exact reduction in payment, but it's around $32/mo.

Save yourself some time and trouble. Quit converting the money factor to an interest rate. That won't help you calculate a lease payment. That's what the money factor does for you.

I appreciate the confirmation, the dealer acknowledged the mistake, and a new contract is on the way ( ~& less per month) .
As far as converting MF to interest rate, agreed not needed in computing a payment but I find it helpful to know the rate you are being charged to "rent" the money for a lease vs. the rate you are being charged to rent the money ( finance) for a purchase.

edmundshoya

^^^ less $9 /month

kyfdx

edmundshoya said:

^^^ less $9 /month

It all adds up.. good deal!

weilun1130

Can you help to see if this is a good deal?

2015 328i
MSRP $41700
Selling price $37,895
MF: 0.0013
RF:65%
36 month
12K miles per year
Payment including tax $412(CA- 8 %)
Due at signing: $1806 (includes first payment, 795 acquisition fee, tax, tags, ect.)

Thank you in advance!

Michaell

weilun1130 said:

Can you help to see if this is a good deal?

2015 328i
MSRP $41700
Selling price $37,895
MF: 0.0013
RF:65%
36 month
12K miles per year
Payment including tax $412(CA- 8 %)
Due at signing: $1806 (includes first payment, 795 acquisition fee, tax, tags, ect.)

Thank you in advance!

I get about $415/mo with your numbers; your quote looks good.