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2016 BMW 2-Series Lease Questions

MichaellMichaell ColoradoPosts: 111,244
edited August 2015 in BMW
Ask your 2016 2-series lease questions here!

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

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Comments

  • genengenen Posts: 8
    OOPS... copied from 2015....

    I am trying to do something less popular I guess because my dealer can't give me a good answer.

    I'm looking at a fully optioned 2016 M235i X convertible. Sticker is $59120. I want to do a 2 year 10k mile lease with 1 payment... meaning tell me the depreciation and I'll give you a check for $25k or whatever it is at signing.

    So far all he sent me was basically a 24 month lease where all the payments are added together. No point in my paying interest if I make the entire payment at once!

    What should I be telling him? What is the residual on that? does money factor even matter on single payment?
  • kyfdxkyfdx Posts: 120,532
    genen said:

    OOPS... copied from 2015....

    I am trying to do something less popular I guess because my dealer can't give me a good answer.

    I'm looking at a fully optioned 2016 M235i X convertible. Sticker is $59120. I want to do a 2 year 10k mile lease with 1 payment... meaning tell me the depreciation and I'll give you a check for $25k or whatever it is at signing.

    So far all he sent me was basically a 24 month lease where all the payments are added together. No point in my paying interest if I make the entire payment at once!

    What should I be telling him? What is the residual on that? does money factor even matter on single payment?

    Making the full lease payment upfront does not mean there is no interest.. Paying the depreciation upfront doesn't finance the whole car.

    Anyway... all single-pay leases are calculated that way. The savings comes from a discount to the normal lease money factor. So, the monthly payment is calculated using the lower/discounted money factor, then the payments are added together and that is your single payment (plus all of the other garbage you have to pay with a regular lease).

    But (and this a BIG but), right now, BMWFS isn't offering any money factor discount for single-pay leases.
    So, you are correct. There is absolutely no advantage to pre-paying your lease. Everyone else is still giving a healthy discount for single-pay, but not BMWFS.

    .00130 MF and 63% residual for 24mo, 10K/yr.

    To make it even worse, BMW is really not incentivizing the 24 month term, at all. The 36 month residual is just 6% less. The lease would be much better on a leftover 2015 model, but of course, those don't come in AWD.

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

    Edmunds Moderator

  • genengenen Posts: 8
    Thanks much for the breakdown explanation. 
    And yes in fully aware the 16 comes with a stiff $ penalty. But it's the only one in stock fully outfitted. 
  • kerbkerb Posts: 169
    Greetings, could you kindly provide the buy rate and money factor on a '16 228i based on 36/10 and 36/12 leases. Thank you.
  • MichaellMichaell ColoradoPosts: 111,244
    kerb said:

    Greetings, could you kindly provide the buy rate and money factor on a '16 228i based on 36/10 and 36/12 leases. Thank you.

    .00130 and 56% / 57%

    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

  • kerbkerb Posts: 169
    Thanks. It's 57% for 10k miles, right?
  • MichaellMichaell ColoradoPosts: 111,244
    kerb said:

    Thanks. It's 57% for 10k miles, right?

    Yes, that's correct.

    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

  • swen86swen86 Posts: 5
    Looking for the lease numbers on 2015 and 2016 M235i xDrive coupe based on 36mo 10k per year. Thanks.
  • kyfdxkyfdx Posts: 120,532
    swen86 said:

    Looking for the lease numbers on 2015 and 2016 M235i xDrive coupe based on 36mo 10k per year. Thanks.

    2015: .00130 MF and 61% residual. $500 buildout cash

    2016: .00130 MF and 57% residual.

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

    Edmunds Moderator

  • I'm looking into getting the 2016 228i with 6 speed manual transmission.

    The car I priced out was:

    Black Sapphire Metallic Exterior
    Black SensaTec w/ Red Highlight Interior
    Cold Weather Package
    Technology Package
    Premium Package
    Driver Assistance Package
    Harmon Kardon Surround Sound System

    3 Year Lease, with 15,000 Miles/Year

    No down payment
    Taxes, Fees and first month at signing

    This is the deal the dealer gave me...
    Due at signing - $3,261.95 (Taxes, Fees, & First Month)
    $565.17/month

    MSRP is $41,820
    Cap Cost. - $40,000
    Money Factor - .0013
    Residual Value - 54%

    He told me that's the deal right now and I'm locked into that price but the deals could still get better in the coming months but that is worst case scenario. Is that a good deal?
  • MichaellMichaell ColoradoPosts: 111,244
    userjorts said:

    I'm looking into getting the 2016 228i with 6 speed manual transmission.

    The car I priced out was:

    Black Sapphire Metallic Exterior
    Black SensaTec w/ Red Highlight Interior
    Cold Weather Package
    Technology Package
    Premium Package
    Driver Assistance Package
    Harmon Kardon Surround Sound System

    3 Year Lease, with 15,000 Miles/Year

    No down payment
    Taxes, Fees and first month at signing

    This is the deal the dealer gave me...
    Due at signing - $3,261.95 (Taxes, Fees, & First Month)
    $565.17/month

    MSRP is $41,820
    Cap Cost. - $40,000
    Money Factor - .0013
    Residual Value - 54%

    He told me that's the deal right now and I'm locked into that price but the deals could still get better in the coming months but that is worst case scenario. Is that a good deal?

    I agree with the MF and residual values.

    I get the same payment the dealer does with those numbers.

    $1800 off sticker isn't much but seeing it's a brand new model year, I don't know that you can do better at this time.

    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

  • Michaell said:


    $1800 off sticker isn't much but seeing it's a brand new model year, I don't know that you can do better at this time.

    I just got a price from another dealer using TrueCar...with all the same options and MSRP, they gave me a sale price of $39,070 and gave me a monthly price of $532/ month. Obviously thats much better than my first price, is that a good price?
  • Hi! I am looking for the MF and Residual on a 2016 228i xDrive Convertible with tech/premium/driver assist packages in the bay area. Looking for 36/12K and 36/15K. Thanks!
  • kyfdxkyfdx Posts: 120,532
    ragamash said:

    Hi! I am looking for the MF and Residual on a 2016 228i xDrive Convertible with tech/premium/driver assist packages in the bay area. Looking for 36/12K and 36/15K. Thanks!

    .00130 MF and 56%/54% residual

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

    Edmunds Moderator

  • Hello mods,

    I'm hoping to lease this car: http://www.kunibmw.com/new/BMW/2016-BMW-2+Series-e2e6e1ea0a0e0a6b3006e5fb94bf0df2.htm

    MSRP: 38595
    Sale price: 36000
    Period: 3yr/12k

    Assuming I max out MSDs, could you help me compute a car payment? Would really appreciate your help!
  • MichaellMichaell ColoradoPosts: 111,244
    edited September 2015
    jambo07 said:

    Hello mods,

    I'm hoping to lease this car: http://www.kunibmw.com/new/BMW/2016-BMW-2+Series-e2e6e1ea0a0e0a6b3006e5fb94bf0df2.htm

    MSRP: 38595
    Sale price: 36000
    Period: 3yr/12k

    Assuming I max out MSDs, could you help me compute a car payment? Would really appreciate your help!

    .00130 and 56% - max MSD reduces the MF to .00081

    Using your prices, I get a payment of $446/mo plus tax.

    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

  • looking for numbers on 2016 m235 coupe 36/15k. Any difference between auto and man transmission?

    Also, looking for 228 coupe or convertible. Thanks in advance!
  • MichaellMichaell ColoradoPosts: 111,244
    jkrn2003 said:

    looking for numbers on 2016 m235 coupe 36/15k. Any difference between auto and man transmission?

    Also, looking for 228 coupe or convertible. Thanks in advance!

    All 2016 2-series:

    .00134 and 54%. $750 option credit.

    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

  • Michaell said:
    looking for numbers on 2016 m235 coupe 36/15k. Any difference between auto and man transmission? Also, looking for 228 coupe or convertible. Thanks in advance!
    All 2016 2-series: .00134 and 54%. $750 option credit.
    What would be the MF if I max out MSD? And how much $ would maxing out MSD require? Thanks again!!
  • MichaellMichaell ColoradoPosts: 111,244
    jkrn2003 said:


    Michaell said:

    jkrn2003 said:

    looking for numbers on 2016 m235 coupe 36/15k. Any difference between auto and man transmission?

    Also, looking for 228 coupe or convertible. Thanks in advance!

    All 2016 2-series:

    .00134 and 54%. $750 option credit.

    What would be the MF if I max out MSD? And how much $ would maxing out MSD require? Thanks again!!

    If all 7 MSDs were used, MF would drop to .00085.

    Each MSD is the monthly payment rounded up to the next $50.

    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

  • Could I get the November money factor and residuals for 39/10k and 39/12k?  Thank you.
  • kyfdxkyfdx Posts: 120,532
    nxeclipse said:

    Could I get the November money factor and residuals for 39/10k and 39/12k?  Thank you.

    .00131 MF and 55%/54% residual. $750 option credit + $500 Novemberfest adder.

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

    Edmunds Moderator

  • jkrn2003jkrn2003 Posts: 23
    edited November 2015
    kyfdx said:

    nxeclipse said:

    Could I get the November money factor and residuals for 39/10k and 39/12k?  Thank you.

    .00131 MF and 55%/54% residual. $750 option credit + $500 Novemberfest adder.
    Hello - How about 36/15k and 39/15k?
  • MichaellMichaell ColoradoPosts: 111,244
    jkrn2003 said:

    kyfdx said:

    nxeclipse said:

    Could I get the November money factor and residuals for 39/10k and 39/12k?  Thank you.

    .00131 MF and 55%/54% residual. $750 option credit + $500 Novemberfest adder.
    Hello - How about 36/15k and 39/15k?
    39/15 - 52%
    36/15 - 51%

    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

  • jkrn2003jkrn2003 Posts: 23
    edited November 2015
    Michaell said:

    jkrn2003 said:

    kyfdx said:

    nxeclipse said:

    Could I get the November money factor and residuals for 39/10k and 39/12k?  Thank you.

    .00131 MF and 55%/54% residual. $750 option credit + $500 Novemberfest adder.
    Hello - How about 36/15k and 39/15k?
    39/15 - 52%
    36/15 - 51%
    So for 36/15, the residual dropped from 54% in September/October to 51% in November? Just wanted to confirm the #'s were correct.
  • MichaellMichaell ColoradoPosts: 111,244
    jkrn2003 said:

    Michaell said:

    jkrn2003 said:

    kyfdx said:

    nxeclipse said:

    Could I get the November money factor and residuals for 39/10k and 39/12k?  Thank you.

    .00131 MF and 55%/54% residual. $750 option credit + $500 Novemberfest adder.
    Hello - How about 36/15k and 39/15k?
    39/15 - 52%
    36/15 - 51%
    So for 36/15, the residual dropped from 54% in September/October to 51% in November? Just wanted to confirm the #'s were correct.
    Yes, that is correct. 3% drop from October to November.

    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

  • kyfdxkyfdx Posts: 120,532
    jkrn2003 said:

    Michaell said:

    jkrn2003 said:

    kyfdx said:

    nxeclipse said:

    Could I get the November money factor and residuals for 39/10k and 39/12k?  Thank you.

    .00131 MF and 55%/54% residual. $750 option credit + $500 Novemberfest adder.
    Hello - How about 36/15k and 39/15k?
    39/15 - 52%
    36/15 - 51%
    So for 36/15, the residual dropped from 54% in September/October to 51% in November? Just wanted to confirm the #'s were correct.
    They moved the incentive to the 39 month term. If you stick with that, it's comparable to last month (or better, with the increased incentives).

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

    Edmunds Moderator

  • bd38bd38 Posts: 31
    Hello

    Would you have the MF and residual for 24mo/10 k? 2016 2series x drive. Thank you.
  • MichaellMichaell ColoradoPosts: 111,244
    bd38 said:

    Hello

    Would you have the MF and residual for 24mo/10 k? 2016 2series x drive. Thank you.

    .00131 and 60%. $750 option credit and $500 Novemberfest adder.

    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

  • Hi. What's MF for 2016 m235i?

    10k 36 months and also 39 months. What incentives are running currently?
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