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Current Money Factor / Buy Rate for 2015 BMW 650i Gran Coupe

cloudwalk1cloudwalk1 Posts: 3
edited June 2015 in BMW
I am about to pull the trigger on a 36 month, 15,000 mile per year lease on a 2015 650i Gran Coupe.

I have quotes from five dealers, and the lowest money factor rate I have been quoted is .00128 (3.072%). I have been assured that this is the lowest rate and that it is BMW Financial's current "buy rate".

Can you confirm that .00128 is the lowest money factor rate? I find it odd that their purchase APR is 0.9% but yet the lease rate is 3.072% equivalent!

Also, the residual they are quoting me is 53%. If you have confirmation of he current residual assumption that would be great. Many thanks!

Comments

  • kyfdxkyfdx Posts: 168,040

    I am about to pull the trigger on a 36 month, 15,000 mile per year lease on a 2015 650i Gran Coupe.

    I have quotes from five dealers, and the lowest money factor rate I have been quoted is .00128 (3.072%). I have been assured that this is the lowest rate and that it is BMW Financial's current "buy rate".

    Can you confirm that .00128 is the lowest money factor rate? I find it odd that their purchase APR is 0.9% but yet the lease rate is 3.072% equivalent!

    Also, the residual they are quoting me is 53%. If you have confirmation of he current residual assumption that would be great. Many thanks!

    .00128 MF and 53% residual. $4000 Buildout cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thank you very much for confirming. FYI for 2015s BMW is providing substantial discounts off of MSRP. I am getting quotes reflecting 14% off of MSRP!
  • MichaellMichaell ColoradoPosts: 162,442

    Thank you very much for confirming. FYI for 2015s BMW is providing substantial discounts off of MSRP. I am getting quotes reflecting 14% off of MSRP!

    Nice .. keep us posted as to how your deal works out.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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