The dealership in Woodland, TX is throwing me some inaccurate numbers (I believe they are trying to confuse me as part of their sale trick... ... they told me Residual Rate is 56% and it is the SAME for both 24-month and 30-month!).
what is the actual Money Factor for January 2016? what is the actual Residual Rate for 2015 i3 REX for 24 months, 10K miles/year? what is the actual Residual Rate for 2015 i3 REX for 30 months, 10K miles/year? what is the actual Residual Rate for 2015 i3 REX for 36 months, 10K miles/year? what is the actual Residual Rate for 2015 i3 REX for 36 months, 12K miles/year?
The dealership in Woodland, TX is throwing me some inaccurate numbers (I believe they are trying to confuse me as part of their sale trick... ... they told me Residual Rate is 56% and it is the SAME for both 24-month and 30-month!).
what is the actual Money Factor for January 2016? what is the actual Residual Rate for 2015 i3 REX for 24 months, 10K miles/year? what is the actual Residual Rate for 2015 i3 REX for 30 months, 10K miles/year? what is the actual Residual Rate for 2015 i3 REX for 36 months, 10K miles/year? what is the actual Residual Rate for 2015 i3 REX for 36 months, 12K miles/year?
MF is .00132 this month
24/10 residual is 59% 30/10 residual is also 59% 36/12 residual is 52%; add 1% for 10K
I have received the following quote from my local dealer in NC:
2015 BMW i3 w/Range Extender MSRP: 50,095 Discount: 9,545 Sale price: 40,550
Due on Delivery: 1,000
36 months lease, 10k miles/yr $514.28 per month incl tax
I was expecting around $400/mo and thought this is too high. Even if I double the down payment, the monthly payment only gets to $468.69. I don't have any other details such as residual and money factor.
Can someone please weigh in on this? What should I expect with this deal?
Thanks!
nm, seems Michael already answered the question
Seems , you are not getting $7500 lease credit that BMW Financials passes on to you. Either that or discount of $9545 already includes that amount. In later case, looks like you are hardly getting any dealer discount considering there is $2,000 build out cash and $7500 lease cash offered by BMW Financials.
Second, instead of doubling down payment, Put 7 MSD which reduces your MF by 0.00049,savings of about $30 per payment and deposit is returned when lease ends.
Hello, after been rejected many times I finally found a dealer in east coast that is willing to work with me, the others did not even wanted to keep talking to me after asking them to give me at least 11% of main msrp before any rebates kicks in, I found a dealer that has the car with all the options fully loaded, below is what they offering me.
Current break down from their offer. 24/10k Fully loaded Terra 2015 with range extender.
MSRP 54,095 Suggested MSRP 49,579 8.35% off main msrp Rebates 7,500 federal 2000 buildout rebate and 500 loyalty Net price $39,579
Residual 59% MF .00083 after buying maximum msd The Acquisition Fee is $925. The total fees are $665.50($347 Doc Fee, $305.50 Registration,$8 Online Fee, $6 Tire Tax
$3115 Total Security Deposits. Total cash out of pocket is $3539.98 for a payment of $424.98
I want to be at 11% off about $1500 more off from msrp, is this a good deal in the east coast?? Everywhere I look they don`t want to sell near invoice price and most are trying to make it look like federal tax break is part of the rebates from the dealer.
Hello, after been rejected many times I finally found a dealer in east coast that is willing to work with me, the others did not even wanted to keep talking to me after asking them to give me at least 11% of main msrp before any rebates kicks in, I found a dealer that has the car with all the options fully loaded, below is what they offering me.
Current break down from their offer. 24/10k Fully loaded Terra 2015 with range extender.
MSRP 54,095 Suggested MSRP 49,579 8.35% off main msrp Rebates 7,500 federal 2000 buildout rebate and 500 loyalty Net price $39,579
Residual 59% MF .00083 after buying maximum msd The Acquisition Fee is $925. The total fees are $665.50($347 Doc Fee, $305.50 Registration,$8 Online Fee, $6 Tire Tax
$3115 Total Security Deposits. Total cash out of pocket is $3539.98 for a payment of $424.98
I want to be at 11% off about $1500 more off from msrp, is this a good deal in the east coast?? Everywhere I look they don`t want to sell near invoice price and most are trying to make it look like federal tax break is part of the rebates from the dealer.
Why not go with 30 months? The residual is the same as 24 months. It will knock about $75/mo. off your payment.
I think your own efforts are showing you where the bottom might be, and it looks like you may be there.
Hello, after been rejected many times I finally found a dealer in east coast that is willing to work with me, the others did not even wanted to keep talking to me after asking them to give me at least 11% of main msrp before any rebates kicks in, I found a dealer that has the car with all the options fully loaded, below is what they offering me.
Current break down from their offer. 24/10k Fully loaded Terra 2015 with range extender.
MSRP 54,095 Suggested MSRP 49,579 8.35% off main msrp Rebates 7,500 federal 2000 buildout rebate and 500 loyalty Net price $39,579
Residual 59% MF .00083 after buying maximum msd The Acquisition Fee is $925. The total fees are $665.50($347 Doc Fee, $305.50 Registration,$8 Online Fee, $6 Tire Tax
$3115 Total Security Deposits. Total cash out of pocket is $3539.98 for a payment of $424.98
I want to be at 11% off about $1500 more off from msrp, is this a good deal in the east coast?? Everywhere I look they don`t want to sell near invoice price and most are trying to make it look like federal tax break is part of the rebates from the dealer.
Why not go with 30 months? The residual is the same as 24 months. It will knock about $75/mo. off your payment.
I think your own efforts are showing you where the bottom might be, and it looks like you may be there.
Yes I see what you mean, that make sense since is only 6 more moths, from what you have seen here is that normal for the NY/NJ folks? Am puzzle even more because they have inventory from 2015 taking space and 2016 are already out.
Thank you for the suggestion! I will bring it up only after they give me the % off that am looking for.
PS**
You were right, I found another dealer with fully loaded model and this is their offer, still at 24 moths, I wonder if I should ask to them give me 30/10k numbers.
Model 15IB i3 Rex USD 46,250.00 Color B74 Arravani Grey w/BMW i Frozen Blue accent N/C Upholstery NLFT Tera Dalbergia Brown Full Natural Leather N/C Options ZTW Tera World 2,500.00 2T7†Sport 20" BMW i Light Alloy Double Spo... 1,300.00 319 Universal garage-door opener N/C 322 Comfort Access keyless entry N/C 441 Smoker's package N/C ZPK Parking Assistant Package 1,000.00 ZTD Technology + Driving Assistant Package 2,500.00 5AT ACC Stop & Go + Active Driving Assistant N/C 609 Navigation Professional System N/C 6AK BMW Online and BMW Apps N/C 6AM Advanced Real-Time Traffic Information N/C 5DU Park Assistant Package N/C 3AG Rear view camera N/C 508 Park Distance Control N/C 5DP Parking Assistant N/C 7KZ Tera (Full Leather) N/C 423 Floor mats N/C 2VB Tire pressure monitor N/C 302 Alarm System N/C 442 Cupholders N/C 494 Heated front seats N/C 4U7 DC Fast Charging (SAE) N/C 570 Stronger electricity supply N/C 5A2 LED Headlights N/C 655 Satellite radio with 1 year subscription N/C 674 harman/kardon Premium Sound System 800.00 6AC BMW Assist eCall N/C 6AE BMW TeleServices N/C 6AP Remote Services N/C 7AQ Battery Certificate N/C 8KY Oil-service interval 12 months N/C 8S4 Variable Light Decoding N/C 8TN Daytime driving lights N/C 925 Shipping package N/C 9AA Transport protection N/C ZTM Tier 2 N/C Net Total 54,350.00 Total Suggested Price 55,345.00
$385 @ 24 months 10k miles with $ 4,404.50 due at signing
$385 first payment (waived) subject to loyalty verification $925 Bank fee $369 Doc fee $310.50 Motor vehicle fee $2,800 Seven refundable security deposits of $ 400
Hello, after been rejected many times I finally found a dealer in east coast that is willing to work with me, the others did not even wanted to keep talking to me after asking them to give me at least 11% of main msrp before any rebates kicks in, I found a dealer that has the car with all the options fully loaded, below is what they offering me.
Current break down from their offer. 24/10k Fully loaded Terra 2015 with range extender.
MSRP 54,095 Suggested MSRP 49,579 8.35% off main msrp Rebates 7,500 federal 2000 buildout rebate and 500 loyalty Net price $39,579
Residual 59% MF .00083 after buying maximum msd The Acquisition Fee is $925. The total fees are $665.50($347 Doc Fee, $305.50 Registration,$8 Online Fee, $6 Tire Tax
$3115 Total Security Deposits. Total cash out of pocket is $3539.98 for a payment of $424.98
I want to be at 11% off about $1500 more off from msrp, is this a good deal in the east coast?? Everywhere I look they don`t want to sell near invoice price and most are trying to make it look like federal tax break is part of the rebates from the dealer.
Why not go with 30 months? The residual is the same as 24 months. It will knock about $75/mo. off your payment.
I think your own efforts are showing you where the bottom might be, and it looks like you may be there.
Yes I see what you mean, that make sense since is only 6 more moths, from what you have seen here is that normal for the NY/NJ folks? Am puzzle even more because they have inventory from 2015 taking space and 2016 are already out.
Thank you for the suggestion! I will bring it up only after they give me the % off that am looking for.
PS**
You were right, I found another dealer with fully loaded model and this is their offer, still at 24 moths, I wonder if I should ask to them give me 30/10k numbers.
Model 15IB i3 Rex USD 46,250.00 Color B74 Arravani Grey w/BMW i Frozen Blue accent N/C Upholstery NLFT Tera Dalbergia Brown Full Natural Leather N/C Options ZTW Tera World 2,500.00 2T7†Sport 20" BMW i Light Alloy Double Spo... 1,300.00 319 Universal garage-door opener N/C 322 Comfort Access keyless entry N/C 441 Smoker's package N/C ZPK Parking Assistant Package 1,000.00 ZTD Technology + Driving Assistant Package 2,500.00 5AT ACC Stop & Go + Active Driving Assistant N/C 609 Navigation Professional System N/C 6AK BMW Online and BMW Apps N/C 6AM Advanced Real-Time Traffic Information N/C 674 harman/kardon Premium Sound System 800.00 6AC BMW Assist eCall N/C Net Total 54,350.00 Total Suggested Price 55,345.00
$385 @ 24 months 10k miles with $ 4,404.50 due at signing
$385 first payment (waived) subject to loyalty verification $925 Bank fee $369 Doc fee $310.50 Motor vehicle fee $2,800 Seven refundable security deposits of $ 400
I'd sure ask about 30/10 numbers.
It's amazing how little some dealers/salespeople look into the numbers. You have to do the homework yourself. 30 months would be a substantial reduction in payment.
I really can't help you with the pricing side of it.. But, in any case, 30 months will save you at least $70/mo. That takes a good deal and makes it great!
Hello, after been rejected many times I finally found a dealer in east coast that is willing to work with me, the others did not even wanted to keep talking to me after asking them to give me at least 11% of main msrp before any rebates kicks in, I found a dealer that has the car with all the options fully loaded, below is what they offering me.
Current break down from their offer. 24/10k Fully loaded Terra 2015 with range extender.
MSRP 54,095 Suggested MSRP 49,579 8.35% off main msrp Rebates 7,500 federal 2000 buildout rebate and 500 loyalty Net price $39,579
Residual 59% MF .00083 after buying maximum msd The Acquisition Fee is $925. The total fees are $665.50($347 Doc Fee, $305.50 Registration,$8 Online Fee, $6 Tire Tax
$3115 Total Security Deposits. Total cash out of pocket is $3539.98 for a payment of $424.98
I want to be at 11% off about $1500 more off from msrp, is this a good deal in the east coast?? Everywhere I look they don`t want to sell near invoice price and most are trying to make it look like federal tax break is part of the rebates from the dealer.
Why not go with 30 months? The residual is the same as 24 months. It will knock about $75/mo. off your payment.
I think your own efforts are showing you where the bottom might be, and it looks like you may be there.
Yes I see what you mean, that make sense since is only 6 more moths, from what you have seen here is that normal for the NY/NJ folks? Am puzzle even more because they have inventory from 2015 taking space and 2016 are already out.
Thank you for the suggestion! I will bring it up only after they give me the % off that am looking for.
PS**
You were right, I found another dealer with fully loaded model and this is their offer, still at 24 moths, I wonder if I should ask to them give me 30/10k numbers.
Model 15IB i3 Rex USD 46,250.00 Color B74 Arravani Grey w/BMW i Frozen Blue accent N/C Upholstery NLFT Tera Dalbergia Brown Full Natural Leather N/C Options ZTW Tera World 2,500.00 2T7†Sport 20" BMW i Light Alloy Double Spo... 1,300.00 319 Universal garage-door opener N/C 322 Comfort Access keyless entry N/C 441 Smoker's package N/C ZPK Parking Assistant Package 1,000.00 ZTD Technology + Driving Assistant Package 2,500.00 5AT ACC Stop & Go + Active Driving Assistant N/C 609 Navigation Professional System N/C 6AK BMW Online and BMW Apps N/C 6AM Advanced Real-Time Traffic Information N/C 5DU Park Assistant Package N/C 3AG Rear view camera N/C 508 Park Distance Control N/C 5DP Parking Assistant N/C 7KZ Tera (Full Leather) N/C 423 Floor mats N/C 2VB Tire pressure monitor N/C 302 Alarm System N/C 442 Cupholders N/C 494 Heated front seats N/C 4U7 DC Fast Charging (SAE) N/C 570 Stronger electricity supply N/C 5A2 LED Headlights N/C 655 Satellite radio with 1 year subscription N/C 674 harman/kardon Premium Sound System 800.00 6AC BMW Assist eCall N/C 6AE BMW TeleServices N/C 6AP Remote Services N/C 7AQ Battery Certificate N/C 8KY Oil-service interval 12 months N/C 8S4 Variable Light Decoding N/C 8TN Daytime driving lights N/C 925 Shipping package N/C 9AA Transport protection N/C ZTM Tier 2 N/C Net Total 54,350.00 Total Suggested Price 55,345.00
$385 @ 24 months 10k miles with $ 4,404.50 due at signing
$385 first payment (waived) subject to loyalty verification $925 Bank fee $369 Doc fee $310.50 Motor vehicle fee $2,800 Seven refundable security deposits of $ 400
For what it's worth, I leased the exact same spec as your second deal at the end of December. The selling price, without the $7500 lease credit, was more than $9000 off the MSRP, though that included a special $1000 rebate that not everyone gets and did include the $2000 "holiday adder". I did shop a few dealers and I feel like this is about as low a price as I could get on that spec. This is on the West coast so your mileage may vary, but I think you really should concentrate on the selling price. The dealers can discount heavily as evidenced by your first deal... $40,000 selling price on the $54,000 sticker seems like a pretty good deal. Hard to judge your second deal as you didn't mention the selling price.
I test drove a BMW i3 fully loaded Tera, with range extender, Tech, parking package,etc... over the weekend in San Francisco. (Sticker $55,300k). Wonderful car, but I don't think I was getting a great deal. Considering these are 2015 models and the 2016's are already on the lot, what is a reasonable expected percentage off of MSRP? Is 18-20% off on these vehicles out of the question? Essentially these are 1 year old cars... The final number I was given was 13% off MSRP, but I am not convinced that was really a good deal. I was negotiating for a lease. Thoughts?
I test drove a BMW i3 fully loaded Tera, with range extender, Tech, parking package,etc... over the weekend in San Francisco. (Sticker $55,300k). Wonderful car, but I don't think I was getting a great deal. Considering these are 2015 models and the 2016's are already on the lot, what is a reasonable expected percentage off of MSRP? Is 18-20% off on these vehicles out of the question? Essentially these are 1 year old cars... The final number I was given was 13% off MSRP, but I am not convinced that was really a good deal. I was negotiating for a lease. Thoughts?
Read back through the last page or two of posts to see what others have been able to negotiate.
Hello, after been rejected many times I finally found a dealer in east coast that is willing to work with me, the others did not even wanted to keep talking to me after asking them to give me at least 11% of main msrp before any rebates kicks in, I found a dealer that has the car with all the options fully loaded, below is what they offering me.
Current break down from their offer. 24/10k Fully loaded Terra 2015 with range extender.
MSRP 54,095 Suggested MSRP 49,579 8.35% off main msrp Rebates 7,500 federal 2000 buildout rebate and 500 loyalty Net price $39,579
Residual 59% MF .00083 after buying maximum msd The Acquisition Fee is $925. The total fees are $665.50($347 Doc Fee, $305.50 Registration,$8 Online Fee, $6 Tire Tax
$3115 Total Security Deposits. Total cash out of pocket is $3539.98 for a payment of $424.98
I want to be at 11% off about $1500 more off from msrp, is this a good deal in the east coast?? Everywhere I look they don`t want to sell near invoice price and most are trying to make it look like federal tax break is part of the rebates from the dealer.
Why not go with 30 months? The residual is the same as 24 months. It will knock about $75/mo. off your payment.
I think your own efforts are showing you where the bottom might be, and it looks like you may be there.
Yes I see what you mean, that make sense since is only 6 more moths, from what you have seen here is that normal for the NY/NJ folks? Am puzzle even more because they have inventory from 2015 taking space and 2016 are already out.
Thank you for the suggestion! I will bring it up only after they give me the % off that am looking for.
PS**
You were right, I found another dealer with fully loaded model and this is their offer, still at 24 moths, I wonder if I should ask to them give me 30/10k numbers.
Model 15IB i3 Rex USD 46,250.00 Color B74 Arravani Grey w/BMW i Frozen Blue accent N/C Upholstery NLFT Tera Dalbergia Brown Full Natural Leather N/C Options ZTW Tera World 2,500.00 2T7†Sport 20" BMW i Light Alloy Double Spo... 1,300.00 319 Universal garage-door opener N/C 322 Comfort Access keyless entry N/C 441 Smoker's package N/C ZPK Parking Assistant Package 1,000.00 ZTD Technology + Driving Assistant Package 2,500.00 5AT ACC Stop & Go + Active Driving Assistant N/C 609 Navigation Professional System N/C 6AK BMW Online and BMW Apps N/C 6AM Advanced Real-Time Traffic Information N/C 5DU Park Assistant Package N/C 3AG Rear view camera N/C 508 Park Distance Control N/C 5DP Parking Assistant N/C 7KZ Tera (Full Leather) N/C 423 Floor mats N/C 2VB Tire pressure monitor N/C 302 Alarm System N/C 442 Cupholders N/C 494 Heated front seats N/C 4U7 DC Fast Charging (SAE) N/C 570 Stronger electricity supply N/C 5A2 LED Headlights N/C 655 Satellite radio with 1 year subscription N/C 674 harman/kardon Premium Sound System 800.00 6AC BMW Assist eCall N/C 6AE BMW TeleServices N/C 6AP Remote Services N/C 7AQ Battery Certificate N/C 8KY Oil-service interval 12 months N/C 8S4 Variable Light Decoding N/C 8TN Daytime driving lights N/C 925 Shipping package N/C 9AA Transport protection N/C ZTM Tier 2 N/C Net Total 54,350.00 Total Suggested Price 55,345.00
$385 @ 24 months 10k miles with $ 4,404.50 due at signing
$385 first payment (waived) subject to loyalty verification $925 Bank fee $369 Doc fee $310.50 Motor vehicle fee $2,800 Seven refundable security deposits of $ 400
For what it's worth, I leased the exact same spec as your second deal at the end of December. The selling price, without the $7500 lease credit, was more than $9000 off the MSRP, though that included a special $1000 rebate that not everyone gets and did include the $2000 "holiday adder". I did shop a few dealers and I feel like this is about as low a price as I could get on that spec. This is on the West coast so your mileage may vary, but I think you really should concentrate on the selling price. The dealers can discount heavily as evidenced by your first deal... $40,000 selling price on the $54,000 sticker seems like a pretty good deal. Hard to judge your second deal as you didn't mention the selling price.
The selling price is $5,450 off msrp before 9.5k rebates. Am still debating with the dealer to get another 1k off, the fact that sales plummeted this year 72% for this model compare to last January lets see if they feel the pressure and give me what I want. Last January bmw north america sold 670 I3 and this year only 182.
Right now we stand on $350 a moth for 24 moths with 7 msd, they want me to give them my loyalty discount, according to them this will waive 2 moths payments and they want 1. I was thinking the loyalty only coverts $500 max for this model.
Summary
$ 350 @ 24 months 10k miles with $ 4,404.50 due at signing
$350 first month due at signing ( 1 of 2 loyalty rebates)
I just did a deal today - my tax is different (paid up front) so payment is skewed and i also put down.
Anyway...
2015 i3 with rex, tera, tech etc Msrp $53,975 Price Paid $36,900 (included discount, credit and bmw loyalty of 1k) MF at buy rate 0.00132 10k Miles 30mth $313 per mth
I just did a deal today - my tax is different (paid up front) so payment is skewed and i also put down.
Anyway...
2015 i3 with rex, tera, tech etc Msrp $53,975 Price Paid $36,900 (included discount, credit and bmw loyalty of 1k) MF at buy rate 0.00132 10k Miles 30mth $313 per mth
I think you have typo,dealer sale price should be $46,900
$39,990 Sale Price $2,750 Trade $5,000 Total Rebates 53% Residual $27,136 Residual 10,000 mls/yr .00192 MF(Estimated) $340.87/mo
340 definitely feels way too high here. Appreciate any help though. Thanks!
What is the MSRP?
MSRP is $51,200. I already told them that the MF was marked up too high, and the sales price of the car was too high as well.
I had another dealer send me a monthly total of 330/mo for a more 'loaded' unit. I still felt like that was too high as well. This unit was brand new too.
$39,990 Sale Price $2,750 Trade $5,000 Total Rebates 53% Residual $27,136 Residual 10,000 mls/yr .00192 MF(Estimated) $340.87/mo
340 definitely feels way too high here. Appreciate any help though. Thanks!
What is the MSRP?
MSRP is $51,200. I already told them that the MF was marked up too high, and the sales price of the car was too high as well.
I had another dealer send me a monthly total of 330/mo for a more 'loaded' unit. I still felt like that was too high as well. This unit was brand new too.
Seems like a new one might be the way to go... They have $9500 in rebates incentives.
I just asked about it, the rebates and incentives. I don't think that was even factored on the new model, or the leased one. The used one doesn't seem like a great deal, to be honest and they're wanting a credit app sign.
I just did a deal today - my tax is different (paid up front) so payment is skewed and i also put down.
Anyway...
2015 i3 with rex, tera, tech etc Msrp $53,975 Price Paid $36,900 (included discount, credit and bmw loyalty of 1k) MF at buy rate 0.00132 10k Miles 30mth $313 per mth
I think you have typo,dealer sale price should be $46,900
Nope, no typo - my price was $36,900 after discounts and credit.
They keep saying the lease tax credit is (up to, meaning not the full amount) and/or for finance only. Like getting them to come down price on the i3 is insane. These don't sell that well for them to be so stingent.
Could someone comment on this offer? 2015 REx Tera World with MSRP 55,300 ($50,800 with available savings) $3000 down, $440/month for 30 months, 12k
Thanks,
Josh
Actually, here are better specifics: Vehicle Selling Price $49,194.00 with tax/documentation/lieu $ 54,374.96
30mo/10k with $7500 rebate: $2995 due at signing with $441/month
30/12 numbers for 2015 i3 are .00132 and 58%.
What is the net cap cost? What is the breakdown of the $2995 due at signing?
Net cap cost appears to be $46,874. I don't have the exact breakdown of the $3000, but I clarified that total costs to drive off lot are $2995 (inclusive of fees) and payments are $441/month for 30 months. Does that help? I can drill down for more info. They also offered One Pay option at $16287, which actually appears slightly more expensive than the monthly payments.
Could someone comment on this offer? 2015 REx Tera World with MSRP 55,300 ($50,800 with available savings) $3000 down, $440/month for 30 months, 12k
Thanks,
Josh
Actually, here are better specifics: Vehicle Selling Price $49,194.00 with tax/documentation/lieu $ 54,374.96
30mo/10k with $7500 rebate: $2995 due at signing with $441/month
30/12 numbers for 2015 i3 are .00132 and 58%.
What is the net cap cost? What is the breakdown of the $2995 due at signing?
Net cap cost appears to be $46,874. I don't have the exact breakdown of the $3000, but I clarified that total costs to drive off lot are $2995 (inclusive of fees) and payments are $441/month for 30 months. Does that help? I can drill down for more info. They also offered One Pay option at $16287, which actually appears slightly more expensive than the monthly payments.
Thanks again,
Josh
Something doesn't add up. Where is the $7500 rebate factored into the pricing? Is there any down payment included in the $2995?
If I subtract the $7500 from the cap cost of $46,874, I get a payment of $338/mo.
Could someone comment on this offer? 2015 REx Tera World with MSRP 55,300 ($50,800 with available savings) $3000 down, $440/month for 30 months, 12k
Thanks,
Josh
Actually, here are better specifics: Vehicle Selling Price $49,194.00 with tax/documentation/lieu $ 54,374.96
30mo/10k with $7500 rebate: $2995 due at signing with $441/month
30/12 numbers for 2015 i3 are .00132 and 58%.
What is the net cap cost? What is the breakdown of the $2995 due at signing?
Net cap cost appears to be $46,874. I don't have the exact breakdown of the $3000, but I clarified that total costs to drive off lot are $2995 (inclusive of fees) and payments are $441/month for 30 months. Does that help? I can drill down for more info. They also offered One Pay option at $16287, which actually appears slightly more expensive than the monthly payments.
Thanks again,
Josh
Something doesn't add up. Where is the $7500 rebate factored into the pricing? Is there any down payment included in the $2995?
If I subtract the $7500 from the cap cost of $46,874, I get a payment of $338/mo.
I had already taken the 7500 out. The 46,874 is after 7,500 out.
Could someone comment on this offer? 2015 REx Tera World with MSRP 55,300 ($50,800 with available savings) $3000 down, $440/month for 30 months, 12k
Thanks,
Josh
Actually, here are better specifics: Vehicle Selling Price $49,194.00 with tax/documentation/lieu $ 54,374.96
30mo/10k with $7500 rebate: $2995 due at signing with $441/month
30/12 numbers for 2015 i3 are .00132 and 58%.
What is the net cap cost? What is the breakdown of the $2995 due at signing?
Net cap cost appears to be $46,874. I don't have the exact breakdown of the $3000, but I clarified that total costs to drive off lot are $2995 (inclusive of fees) and payments are $441/month for 30 months. Does that help? I can drill down for more info. They also offered One Pay option at $16287, which actually appears slightly more expensive than the monthly payments.
Thanks again,
Josh
Something doesn't add up. Where is the $7500 rebate factored into the pricing? Is there any down payment included in the $2995?
If I subtract the $7500 from the cap cost of $46,874, I get a payment of $338/mo.
I had already taken the 7500 out. The 46,874 is after 7,500 out.
Thanks, Josh
So you got no discount from sticker other than the lease cash?
I recommend you read back through the last few pages of this discussion; huge discounts have been reported by other members, before the lease cash. I think there is rom to do a lot better on this deal.
This is what I got today. Can we all agree that I can do better somewhere else? In all fairness, this was the very first offer I was given with no negotiation. This is for a lease in TX.
FYI My i3 sticker was $54k and I paid $36k after discounts and rebates - that was with 1000 current lease cash but not the california 2500 state rebate.
FYI My i3 sticker was $54k and I paid $36k after discounts and rebates - that was with 1000 current lease cash but not the california 2500 state rebate.
FYI My i3 sticker was $54k and I paid $36k after discounts and rebates - that was with 1000 current lease cash but not the california 2500 state rebate.
2015 i3 with rex, tera, tech etc Msrp $53,975 Price Paid $36,900 (included discount, credit and bmw loyalty of 1k) MF at buy rate 0.00132 10k Miles 30mth
This is what I got today. Can we all agree that I can do better somewhere else? In all fairness, this was the very first offer I was given with no negotiation. This is for a lease in TX.
The problem is: There is really no lease information in your quote, except for the payment, and the initial selling price, and the rebate The sales tax quoted is only for a purchase, and nowhere listed is the money factor or final adjusted CAP cost.
They make a really pretty chart, and admittedly, plenty of information, but not the specifics for a lease.
Comments
what is the actual Money Factor for January 2016?
what is the actual Residual Rate for 2015 i3 REX for 24 months, 10K miles/year?
what is the actual Residual Rate for 2015 i3 REX for 30 months, 10K miles/year?
what is the actual Residual Rate for 2015 i3 REX for 36 months, 10K miles/year?
what is the actual Residual Rate for 2015 i3 REX for 36 months, 12K miles/year?
24/10 residual is 59%
30/10 residual is also 59%
36/12 residual is 52%; add 1% for 10K
Dealer cannot modify residuals.
$2000 buildout credit and $7500 lease credit.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
nm, seems Michael already answered the question
Seems , you are not getting $7500 lease credit that BMW Financials passes on to you. Either that or discount of $9545 already includes that amount. In later case, looks like you are hardly getting any dealer discount considering there is $2,000 build out cash and $7500 lease cash offered by BMW Financials.
Second, instead of doubling down payment, Put 7 MSD which reduces your MF by 0.00049,savings of about $30 per payment and deposit is returned when lease ends.
Current break down from their offer. 24/10k Fully loaded Terra 2015 with range extender.
MSRP 54,095
Suggested MSRP 49,579 8.35% off main msrp
Rebates 7,500 federal 2000 buildout rebate and 500 loyalty
Net price $39,579
Residual 59%
MF .00083 after buying maximum msd
The Acquisition Fee is $925. The total fees are $665.50($347 Doc Fee, $305.50 Registration,$8 Online Fee, $6 Tire Tax
$3115 Total Security Deposits.
Total cash out of pocket is $3539.98 for a payment of $424.98
I want to be at 11% off about $1500 more off from msrp, is this a good deal in the east coast?? Everywhere I look they don`t want to sell near invoice price and most are trying to make it look like federal tax break is part of the rebates from the dealer.
I think your own efforts are showing you where the bottom might be, and it looks like you may be there.
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Thank you for the suggestion! I will bring it up only after they give me the % off that am looking for.
PS**
You were right, I found another dealer with fully loaded model and this is their offer, still at 24 moths, I wonder if I should ask to them give me 30/10k numbers.
Model 15IB i3 Rex USD 46,250.00
Color B74 Arravani Grey w/BMW i Frozen Blue accent N/C
Upholstery NLFT Tera Dalbergia Brown Full Natural Leather N/C
Options ZTW Tera World 2,500.00
2T7†Sport 20" BMW i Light Alloy Double Spo... 1,300.00
319 Universal garage-door opener N/C
322 Comfort Access keyless entry N/C
441 Smoker's package N/C
ZPK Parking Assistant Package 1,000.00
ZTD Technology + Driving Assistant Package 2,500.00
5AT ACC Stop & Go + Active Driving Assistant N/C
609 Navigation Professional System N/C
6AK BMW Online and BMW Apps N/C
6AM Advanced Real-Time Traffic Information N/C
5DU Park Assistant Package N/C
3AG Rear view camera N/C
508 Park Distance Control N/C
5DP Parking Assistant N/C
7KZ Tera (Full Leather) N/C
423 Floor mats N/C
2VB Tire pressure monitor N/C
302 Alarm System N/C
442 Cupholders N/C
494 Heated front seats N/C
4U7 DC Fast Charging (SAE) N/C
570 Stronger electricity supply N/C
5A2 LED Headlights N/C
655 Satellite radio with 1 year subscription N/C
674 harman/kardon Premium Sound System 800.00
6AC BMW Assist eCall N/C
6AE BMW TeleServices N/C
6AP Remote Services N/C
7AQ Battery Certificate N/C
8KY Oil-service interval 12 months N/C
8S4 Variable Light Decoding N/C
8TN Daytime driving lights N/C
925 Shipping package N/C
9AA Transport protection N/C
ZTM Tier 2 N/C
Net Total 54,350.00
Total Suggested Price 55,345.00
$385 @ 24 months 10k miles with $ 4,404.50 due at signing
$385 first payment (waived) subject to loyalty verification
$925 Bank fee
$369 Doc fee
$310.50 Motor vehicle fee
$2,800 Seven refundable security deposits of $ 400
It's amazing how little some dealers/salespeople look into the numbers. You have to do the homework yourself. 30 months would be a substantial reduction in payment.
I really can't help you with the pricing side of it.. But, in any case, 30 months will save you at least $70/mo. That takes a good deal and makes it great!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do you have the RV and MF for an i3 with range extender for 24/30/36 months at 12k and 15K in NY?
Is the 2000 buildout credit and 7500 lease credit still in effect? Any other incentives?
Also, how are the numbers different for the 2016 model?
Thanks,
SM
Right now we stand on $350 a moth for 24 moths with 7 msd, they want me to give them my loyalty discount, according to them this will waive 2 moths payments and they want 1. I was thinking the loyalty only coverts $500 max for this model.
Summary
$ 350 @ 24 months 10k miles with $ 4,404.50 due at signing
$350 first month due at signing ( 1 of 2 loyalty rebates)
$925 Bank fee
$369 doc fee
$310.50 Motor vehicle fee
$2,450 refundable deposits @ 350
Only $7500 lease cash showing now.
For 2016, the 15K residuals are 56% / 53% / 50%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you
2015 BMW i3 REX (Used(going for lease) 900 miles)
Giga World
Tech Package
Heated Seats
$39,990 Sale Price
$2,750 Trade
$5,000 Total Rebates
53% Residual
$27,136 Residual
10,000 mls/yr
.00192 MF(Estimated)
$340.87/mo
340 definitely feels way too high here. Appreciate any help though. Thanks!
Anyway...
2015 i3 with rex, tera, tech etc
Msrp $53,975
Price Paid $36,900 (included discount, credit and bmw loyalty of 1k)
MF at buy rate 0.00132
10k Miles 30mth
$313 per mth
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MSRP is $51,200. I already told them that the MF was marked up too high, and the sales price of the car was too high as well.
I had another dealer send me a monthly total of 330/mo for a more 'loaded' unit. I still felt like that was too high as well. This unit was brand new too.
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I'm looking for the money factor and residual % for a 2016 BMW i3 BEV in Southern California for a 30 month/15K miles lease.
Thank you in advance!
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I have a 54k car for 313 a mth.
I'm getting quotes of $380 a mth for a 26k jeep. Nuts.
Could someone comment on this offer?
2015 REx Tera World with MSRP 55,300 ($50,800 with available savings)
$3000 down, $440/month for 30 months, 12k
Thanks,
Josh
Vehicle Selling Price $49,194.00
with tax/documentation/lieu $ 54,374.96
30mo/10k with $7500 rebate: $2995 due at signing with $441/month
What is the net cap cost? What is the breakdown of the $2995 due at signing?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks again,
Josh
If I subtract the $7500 from the cap cost of $46,874, I get a payment of $338/mo.
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Thanks,
Josh
I recommend you read back through the last few pages of this discussion; huge discounts have been reported by other members, before the lease cash. I think there is rom to do a lot better on this deal.
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Hope this his explains a bit more. There is 6500 from the dealer plus 7500 federal rebate.
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It is my understanding that AZ taxes the monthly payment ... I don't understand why there is almost $4K of tax included in the contract.
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2015 i3 with rex, tera, tech etc
Msrp $53,975
Price Paid $36,900 (included discount, credit and bmw loyalty of 1k)
MF at buy rate 0.00132
10k Miles 30mth
They make a really pretty chart, and admittedly, plenty of information, but not the specifics for a lease.
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His state may require the sales tax based on the price like my state and not on the depreciation.
Its showing that his price is $51,005 minus 8000 in rebate (7500 ev credit and 500 usaa).
2016 - .00135 and 56%. $7500 lease cash
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25 NX 450h+ / 24 Sienna Plat AWD / 23 Civic Type-R / 21 Boxster GTS 4.0
no $2000 build cash on 2016 either.
2017 model starts in July so they will have to offer something soon.
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