Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Have you recently purchased a new minivan? A reporter would like to talk to you; please reach out to [email protected] by July 2 for more details.
Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

Ordering a 2016 for Lease and Euro Delivery

jardjard Posts: 5
edited August 2015 in BMW
I have tried to read up on the topic but I still have a few questions. Thanks in advance for any help.

I would like to order a 2016 328i Sports Wagon for mid-December delivery in Munich. I would also like to lease it. I an relatively new to leasing.

- Are the lease residuals and MFs out for 2016s yet? I will do 3 years / 10,000 miles per year.
- What's the add-on to the base MF for euro delivery?
- I was planning to do $0 down but I'm not sure it makes sense to finance the tax, tags, and acquisition fee. I don't have a trade.
- When will I be required to lock in my lease terms? At ordering? Right before leaving for Germany? (I assume the residuals could improve between now and Dec)

Thanks!

Comments

  • MichaellMichaell ColoradoPosts: 111,187
    jard said:

    I have tried to read up on the topic but I still have a few questions. Thanks in advance for any help.

    I would like to order a 2016 328i Sports Wagon for mid-December delivery in Munich. I would also like to lease it. I an relatively new to leasing.

    - Are the lease residuals and MFs out for 2016s yet? I will do 3 years / 10,000 miles per year.
    - What's the add-on to the base MF for euro delivery?
    - I was planning to do $0 down but I'm not sure it makes sense to finance the tax, tags, and acquisition fee. I don't have a trade.
    - When will I be required to lock in my lease terms? At ordering? Right before leaving for Germany? (I assume the residuals could improve between now and Dec)

    Thanks!

    No 2016 3-series lease numbers available, just yet.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jardjard Posts: 5
    I saw that some 2016 numbers did come out for August. Any advice on the other questions about add-on MF for Euro Delivery or when I will need to lock in my lease terms?
  • kyfdxkyfdx Posts: 120,532
    jard said:

    I have tried to read up on the topic but I still have a few questions. Thanks in advance for any help.

    I would like to order a 2016 328i Sports Wagon for mid-December delivery in Munich. I would also like to lease it. I an relatively new to leasing.

    - Are the lease residuals and MFs out for 2016s yet? I will do 3 years / 10,000 miles per year.
    - What's the add-on to the base MF for euro delivery?
    - I was planning to do $0 down but I'm not sure it makes sense to finance the tax, tags, and acquisition fee. I don't have a trade.
    - When will I be required to lock in my lease terms? At ordering? Right before leaving for Germany? (I assume the residuals could improve between now and Dec)

    Thanks!

    August lease parameters won't be good for December. It's possible that you can lock in the September program for ED in December, but you'll have to check with your dealer.

    ED leases get a bump of .0003 over the base MF, but the 2nd lease payment is waived.

    Usually, you want to pay government fees upfront, to keep them from being taxed in the monthly payment, but that depends entirely on which state you live in, and how they tax leases.

    Generally, when you order, you lock in your lease terms. If the numbers get better between then and when you sign your lease (2-3 weeks prior to delivery), then you can choose which lease program, provided you and your dealer agree on this, in writing.

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

    Edmunds Moderator

  • jardjard Posts: 5
    Thank you!
  • zoombie99zoombie99 North JerseyPosts: 283
    You will need snow tires in some of the countries after November 1st.
    BMW 2019 540x Bluestone
    BMW 2017 Melbourne Rent X3 28i (wife's)
  • jardjard Posts: 5
    zoombie99 said:

    You will need snow tires in some of the countries after November 1st.

    The law reads M+S rated and I ordered 18" wheels with all seasons, so I meet the letter of the German law. I will avoid driving to areas that might be snow covered.



  • jardjard Posts: 5
    I signed the paperwork to order my 2016 328i xDrive Sports Wagon on Sept. 21 and my client advisor contacted me on Sept. 30 with a production number and the European Delivery details. We are headed to Munich to pick up on December 11, 2015!

    MSRP: $53,520
    Sale price: $47,599 (includes processing fee)
    Total fees rolled in: $4,193 (6% tax + DMV fees)
    Cap cost: $51,792.44
    Residual: 62% (36/10,000)
    MF: 0.00130

    I'm happy overall with the deal, thanks for the help!
  • kyfdxkyfdx Posts: 120,532
    jard said:

    I signed the paperwork to order my 2016 328i xDrive Sports Wagon on Sept. 21 and my client advisor contacted me on Sept. 30 with a production number and the European Delivery details. We are headed to Munich to pick up on December 11, 2015!

    MSRP: $53,520
    Sale price: $47,599 (includes processing fee)
    Total fees rolled in: $4,193 (6% tax + DMV fees)
    Cap cost: $51,792.44
    Residual: 62% (36/10,000)
    MF: 0.00130

    I'm happy overall with the deal, thanks for the help!

    Congrats! I'm sure that will be a very exciting trip.

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

    Edmunds Moderator

  • carboy21carboy21 Posts: 760
    What does it cost to bring it to USA ?
  • kyfdxkyfdx Posts: 120,532
    carboy21 said:

    What does it cost to bring it to USA ?

    Nothing...

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

    Edmunds Moderator

  • carboy21carboy21 Posts: 760
    kyfdx said:

    carboy21 said:

    What does it cost to bring it to USA ?

    Nothing...
    Wow , you mean BMW ships the car to USA for free ?

  • kyfdxkyfdx Posts: 120,532
    carboy21 said:

    kyfdx said:

    carboy21 said:

    What does it cost to bring it to USA ?

    Nothing...
    Wow , you mean BMW ships the car to USA for free ?

    Just like they would if you bought it here.. ;)

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

    Edmunds Moderator

  • carboy21carboy21 Posts: 760
    I like this idea of getting the car in Germany. But I have to add the airfare for three members of my family to Munich from Philadelphia :)
    The only thing I may save is the cost of 14 day car rental in Germany by driving my own new Beemer for 2 weeks in Europe :)
  • kyfdxkyfdx Posts: 120,532
    carboy21 said:

    I like this idea of getting the car in Germany. But I have to add the airfare for three members of my family to Munich from Philadelphia :)
    The only thing I may save is the cost of 14 day car rental in Germany by driving my own new Beemer for 2 weeks in Europe :)

    ED invoice is 7% lower than US... so, you should be able to save $3000-$4000 on the vehicle, as well.

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

    Edmunds Moderator

  • carboy21carboy21 Posts: 760
    kyfdx said:

    carboy21 said:

    I like this idea of getting the car in Germany. But I have to add the airfare for three members of my family to Munich from Philadelphia :)
    The only thing I may save is the cost of 14 day car rental in Germany by driving my own new Beemer for 2 weeks in Europe :)

    ED invoice is 7% lower than US... so, you should be able to save $3000-$4000 on the vehicle, as well.
    Thanks very much for this info ! I might think about it next summer and combine it with a driving holiday in Europe. Winter is not an ideal time to be driving in Europe. So lets see next Summer. I might try The MB car if they have a similar ED scheme. Any idea if MB offer the same scheme at Stuttgart ?

  • kyfdxkyfdx Posts: 120,532
    carboy21 said:

    kyfdx said:

    carboy21 said:

    I like this idea of getting the car in Germany. But I have to add the airfare for three members of my family to Munich from Philadelphia :)
    The only thing I may save is the cost of 14 day car rental in Germany by driving my own new Beemer for 2 weeks in Europe :)

    ED invoice is 7% lower than US... so, you should be able to save $3000-$4000 on the vehicle, as well.
    Thanks very much for this info ! I might think about it next summer and combine it with a driving holiday in Europe. Winter is not an ideal time to be driving in Europe. So lets see next Summer. I might try The MB car if they have a similar ED scheme. Any idea if MB offer the same scheme at Stuttgart ?

    Mercedes does have an ED program, but I don't know the specifics. From anecdotal evidence, BMW is the only one that actually offers significant savings.

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

    Edmunds Moderator

Sign In or Register to comment.