2016 BMW 2-Series Lease Questions

rajcars1

Hello what is MF and residual for 36/10 please?

Michaell

rajcars1 said:

Hello what is MF and residual for 36/10 please?

.00132 and 59% $1000 option allowance.

shotzy4

Can I get the mf and residuals for 2016 228ix coupe and 2281x vert with either 24, 36 or 39 months with 12k per year. Whichever is better. And the same for the non x models.
Thanks

Michaell

shotzy4 said:

Can I get the mf and residuals for 2016 228ix coupe and 2281x vert with either 36 or 39 months with 12k per year. Whichever is better. Thanks

.00132 and 58% for 36/12. No 39 month program offered this month. $1000 option allowance.

shotzy4

Michaell said:

shotzy4 said:

Can I get the mf and residuals for 2016 228ix coupe and 2281x vert with either 36 or 39 months with 12k per year. Whichever is better. Thanks

.00132 and 58% for 36/12. No 39 month program offered this month. $1000 option allowance.

What would be 36 /15? thanks again for your help.

Michaell

shotzy4 said:

Michaell said:

shotzy4 said:

Can I get the mf and residuals for 2016 228ix coupe and 2281x vert with either 36 or 39 months with 12k per year. Whichever is better. Thanks

.00132 and 58% for 36/12. No 39 month program offered this month. $1000 option allowance.

What would be 36 /15? thanks again for your help.

Subtract 2% from the residual for 15K miles.

nickben

Hi - I'm about to close a deal on a 2016 m235i, but want to see if incentives have improved in Febrauary before signing. Can you please provide the MF and residual for a 10K lease, best term (last month was 36 month term)?

Thank You!

Michaell

nickben said:

Hi - I'm about to close a deal on a 2016 m235i, but want to see if incentives have improved in Febrauary before signing. Can you please provide the MF and residual for a 10K lease, best term (last month was 36 month term)?

Thank You!

The BMW numbers are valid until 29 February. .00132 and 59% for 36/10 with $1000 option allowance.

xfinnicky

Hi Moderators

Could you please provide the MF and Residual for 36mo/12K and 36mo/15K leases for :

BMW 228i Convertible (Driver Assitance Package+Technology Package+Cold Weather Package) and

BMW 328i (Driver Assitance Package+Technology Package+Cold Weather Package)?

If possible could you also give what would be a best deal for lease rate per month?

Thanks

Michaell

xfinnicky said:

Hi Moderators

Could you please provide the MF and Residual for 36mo/12K and 36mo/15K leases for :

BMW 228i Convertible (Driver Assitance Package+Technology Package+Cold Weather Package) and

BMW 328i (Driver Assitance Package+Technology Package+Cold Weather Package)?

If possible could you also give what would be a best deal for lease rate per month?

Thanks

36/15 on 228i Convertible - .00132 and 56%. $1000 option allowance. Add 2% for 12K

3-series questions go here ...

http://forums.edmunds.com/discussion/36225/bmw/3-series/2016-bmw-3-series-lease-questions#latest

exj5000

Looking for the MF and residual on a 228i in California. 36mo/10k

Michaell

exj5000 said:

Looking for the MF and residual on a 228i in California. 36mo/10k

.00132 and 59%. $1000 option allowance.

exj5000

Looking for the MF and residual on a 228i in California. 36mo/12k

exj5000

Also looking for the MF and residual on a BMW M235i in California 36/10k

kyfdx

exj5000 said:

Looking for the MF and residual on a 228i in California. 36mo/12k

exj5000 said:

Also looking for the MF and residual on a BMW M235i in California 36/10k

.00132 MF and 58%/59% residual for 12K/10K /yr. $1000 option allowance.

For all 2016 2-Series

ign_1992

Looking for the MF and residual on a 228i with Sports Package and Lighting Package in Texas 36/12k

Michaell

ign_1992 said:

Looking for the MF and residual on a 228i with Sports Package and Lighting Package in Texas 36/12k

.00132and 58%. $1000 option allowance.

nickben

Any updates for March yet? I ordered a 2016 m235i - expecting it be here at the end of the month and hoping for better rates this month? Thanks!

levessh

Hello, could you give me the MF and Residual for a 36/10K lease of a 16 228 Convertible.

Thanks

Michaell

nickben said:

Any updates for March yet? I ordered a 2016 m235i - expecting it be here at the end of the month and hoping for better rates this month? Thanks!

.00135 and 56% for 36/15. $1000 lease credit.

Michaell

levessh said:

Hello, could you give me the MF and Residual for a 36/10K lease of a 16 228 Convertible.

Thanks

.00135 and 59%. $1000 lease credit.

sebgood

Hi all - Wondering about the new March numbers for 2016 M235i Convertible 36/15k. Thanks!

Michaell

sebgood said:

Hi all - Wondering about the new March numbers for 2016 M235i Convertible 36/15k. Thanks!

.00135 and 56%. $1000 lease credit.

nickben

I am going to pick up my car from the dealer on Saturday (4/2) - so if you could, please provide the new April rates/incentives, MF, residual, etc. once available, I would really appreciate it!

I am getting a 2016 BMW M235i - 10k miles / best term (currently 36 months). Thanks in advance!

Michaell

nickben said:

I am going to pick up my car from the dealer on Saturday (4/2) - so if you could, please provide the new April rates/incentives, MF, residual, etc. once available, I would really appreciate it!

I am getting a 2016 BMW M235i - 10k miles / best term (currently 36 months). Thanks in advance!

.00135 and 59%. $1000 lease credit.

BMW numbers are set to expire today, 3/31/16

nickben

Michaell said:

nickben said:

I am going to pick up my car from the dealer on Saturday (4/2) - so if you could, please provide the new April rates/incentives, MF, residual, etc. once available, I would really appreciate it!

I am getting a 2016 BMW M235i - 10k miles / best term (currently 36 months). Thanks in advance!

.00135 and 59%. $1000 lease credit.

BMW numbers are set to expire today, 3/31/16

Thanks, yes I am looking for the new April rates once available.

Michaell

nickben said:

Michaell said:

nickben said:

I am going to pick up my car from the dealer on Saturday (4/2) - so if you could, please provide the new April rates/incentives, MF, residual, etc. once available, I would really appreciate it!

I am getting a 2016 BMW M235i - 10k miles / best term (currently 36 months). Thanks in advance!

.00135 and 59%. $1000 lease credit.

BMW numbers are set to expire today, 3/31/16

Thanks, yes I am looking for the new April rates once available.

Some April numbers have arrived.

Good news - the 36/10 residual has increased to 61% this month. MF stays the same at .00135.

No information on incentives, however.

nickben

Michaell said:

nickben said:

Michaell said:

nickben said:

I am going to pick up my car from the dealer on Saturday (4/2) - so if you could, please provide the new April rates/incentives, MF, residual, etc. once available, I would really appreciate it!

I am getting a 2016 BMW M235i - 10k miles / best term (currently 36 months). Thanks in advance!

.00135 and 59%. $1000 lease credit.

BMW numbers are set to expire today, 3/31/16

Thanks, yes I am looking for the new April rates once available.

Some April numbers have arrived.

Good news - the 36/10 residual has increased to 61% this month. MF stays the same at .00135.

No information on incentives, however.

Great! Thank you - hopefully the incentives stay at least at $1,000 for the build-out allowance. I'm wondering if they will extend the BMW loyalty incentive as well. I'm trying to get my dealer to still honor it since my build just missed the deadline by 2 days and I put my order in at the end of January...

Michaell

nickben said:

Michaell said:

nickben said:

Michaell said:

nickben said:

I am going to pick up my car from the dealer on Saturday (4/2) - so if you could, please provide the new April rates/incentives, MF, residual, etc. once available, I would really appreciate it!

I am getting a 2016 BMW M235i - 10k miles / best term (currently 36 months). Thanks in advance!

.00135 and 59%. $1000 lease credit.

BMW numbers are set to expire today, 3/31/16

Thanks, yes I am looking for the new April rates once available.

Some April numbers have arrived.

Good news - the 36/10 residual has increased to 61% this month. MF stays the same at .00135.

No information on incentives, however.

Great! Thank you - hopefully the incentives stay at least at $1,000 for the build-out allowance. I'm wondering if they will extend the BMW loyalty incentive as well. I'm trying to get my dealer to still honor it since my build just missed the deadline by 2 days and I put my order in at the end of January...

Hoping to get a more complete picture of the BMW numbers soon.

kyfdx

nickben said:

Michaell said:

nickben said:

Michaell said:

nickben said:

I am going to pick up my car from the dealer on Saturday (4/2) - so if you could, please provide the new April rates/incentives, MF, residual, etc. once available, I would really appreciate it!

I am getting a 2016 BMW M235i - 10k miles / best term (currently 36 months). Thanks in advance!

.00135 and 59%. $1000 lease credit.

BMW numbers are set to expire today, 3/31/16

Thanks, yes I am looking for the new April rates once available.

Some April numbers have arrived.

Good news - the 36/10 residual has increased to 61% this month. MF stays the same at .00135.

No information on incentives, however.

Great! Thank you - hopefully the incentives stay at least at $1,000 for the build-out allowance. I'm wondering if they will extend the BMW loyalty incentive as well. I'm trying to get my dealer to still honor it since my build just missed the deadline by 2 days and I put my order in at the end of January...

No lease credits. No info on loyalty.

vince1313

So what's a good baseline number right now for leasing a base M235i? So if I start with an MSRP of $44,150 and a $925 acquisition fee, then 61% residual, and .00135 MF? I get $586 plus tax. Seem right?

Also, Michael, how do you get access to the latest rates, deals, etc?

Thanks.

Michaell

vince1313 said:

So what's a good baseline number right now for leasing a base M235i? So if I start with an MSRP of $44,150 and a $925 acquisition fee, then 61% residual, and .00135 MF? I get $586 plus tax. Seem right?

Also, Michael, how do you get access to the latest rates, deals, etc?

Thanks.

You need to negotiate the best selling price - 5-7% off MSRP is a good target.

The information we have is confidential.

vince1313

I meant as far as comparing them to numbers a dealer might give - like if I reference seeing the MF of .00135 is that the official rate quoted by BMW Finance for April for customers with the best credit?

Michaell

vince1313 said:

I meant as far as comparing them to numbers a dealer might give - like if I reference seeing the MF of .00135 is that the official rate quoted by BMW Finance for April for customers with the best credit?

Yes, the .00135 MF is for top-tier credit from BMWFS

sebgood

Hello would you please share April numbers for 2016 m235i convertible 36/12? Thanks!

Michaell

sebgood said:

Hello would you please share April numbers for 2016 m235i convertible 36/12? Thanks!

.00135 and 60%

kiwidancer

Hello, do you have April numbers for a 228i  manual 36/12?

Michaell

kiwidancer said:

Hello, do you have April numbers for a 228i  manual 36/12?

.00135 and 60%

alcucumber

Hello, this is my first time leasing a car from a dealership and would appreciate your patience and guidance in a lease I am trying to get for 2016 M235i xDrive in WA state.
MSRP: $52,175
Tech and Cold Package

I went in planning to put down 3000 for downpayment and 36 months/12000 miles came out to be mid 700's for a lease.
I was expect more towards 500-600 range but this looked very off and ended up walking away from it.
Did the residual value get really bad or does something seem off?
Thanks again

Michaell

alcucumber said:

Hello, this is my first time leasing a car from a dealership and would appreciate your patience and guidance in a lease I am trying to get for 2016 M235i xDrive in WA state.
MSRP: $52,175
Tech and Cold Package

I went in planning to put down 3000 for downpayment and 36 months/12000 miles came out to be mid 700's for a lease.
I was expect more towards 500-600 range but this looked very off and ended up walking away from it.
Did the residual value get really bad or does something seem off?
Thanks again

.00135 and 60% for 36/12. Would need to know the adjusted cap cost in order to calculate the payment.

alcucumber

Michaell said:

alcucumber said:

Hello, this is my first time leasing a car from a dealership and would appreciate your patience and guidance in a lease I am trying to get for 2016 M235i xDrive in WA state.
MSRP: $52,175
Tech and Cold Package

I went in planning to put down 3000 for downpayment and 36 months/12000 miles came out to be mid 700's for a lease.
I was expect more towards 500-600 range but this looked very off and ended up walking away from it.
Did the residual value get really bad or does something seem off?
Thanks again

.00135 and 60% for 36/12. Would need to know the adjusted cap cost in order to calculate the payment.

*EDIT* Got wrong definition of Cap Cost and posted the wrong amount. Will find out. Thanks again.

alcucumber

alcucumber said:

Michaell said:

alcucumber said:

Hello, this is my first time leasing a car from a dealership and would appreciate your patience and guidance in a lease I am trying to get for 2016 M235i xDrive in WA state.
MSRP: $52,175
Tech and Cold Package

I went in planning to put down 3000 for downpayment and 36 months/12000 miles came out to be mid 700's for a lease.
I was expect more towards 500-600 range but this looked very off and ended up walking away from it.
Did the residual value get really bad or does something seem off?
Thanks again

.00135 and 60% for 36/12. Would need to know the adjusted cap cost in order to calculate the payment.

*EDIT* Got wrong definition of Cap Cost and posted the wrong amount. Will find out. Thanks again.

Adjusted cap cost is $49500. Thanks again for your help.

kyfdx

alcucumber said:

alcucumber said:

Michaell said:

alcucumber said:

Hello, this is my first time leasing a car from a dealership and would appreciate your patience and guidance in a lease I am trying to get for 2016 M235i xDrive in WA state.
MSRP: $52,175
Tech and Cold Package

I went in planning to put down 3000 for downpayment and 36 months/12000 miles came out to be mid 700's for a lease.
I was expect more towards 500-600 range but this looked very off and ended up walking away from it.
Did the residual value get really bad or does something seem off?
Thanks again

.00135 and 60% for 36/12. Would need to know the adjusted cap cost in order to calculate the payment.

*EDIT* Got wrong definition of Cap Cost and posted the wrong amount. Will find out. Thanks again.

Adjusted cap cost is $49500. Thanks again for your help.

.00135 MF and 60% residual.

If adjusted CAP cost is $49,500, then $615/mo.+tax.

Mid 700s seems wrong, even with 9.5% tax.

I'll guess they are marking up the money factor and adding in more than they are letting on.

bluedfly00

Two questions, 1) who determines the residual value for the vehicle at the beginning of the lease, is it the individual dealership or is it BMW financial. 2) Are multiple security deposits allowed at all BMW dealerships or can a dealership refuse to allow MSD’s on a lease contract. Thank you

Michaell

bluedfly00 said:

Two questions, 1) who determines the residual value for the vehicle at the beginning of the lease, is it the individual dealership or is it BMW financial. 2) Are multiple security deposits allowed at all BMW dealerships or can a dealership refuse to allow MSD’s on a lease contract. Thank you

1. BMWFS sets the residual; dealer cannot modify it
2. MSDs should be allowed at all BMW dealerships; I've not heard of a dealer refusing to write up a deal without MSDs if requested.

alanxparr

Hi,

I'm looking at my first BMW, an m235i. This will also be my first lease, and I want 12k/year for 36 months.

The numbers I have from the dealer are:
MSRP of 52,349 (has tech and cold weather packages)
Cap Cost of 50,500
Money Factor of 0.00175
Residual of 60%

I think the MF is too high, as is the Cap Cost. Would like to get an opinion on current lease values in the upper Midwest right now.

Thanks in advance for your help.

Michaell

alanxparr said:

Hi,

I'm looking at my first BMW, an m235i. This will also be my first lease, and I want 12k/year for 36 months.

The numbers I have from the dealer are:
MSRP of 52,349 (has tech and cold weather packages)
Cap Cost of 50,500
Money Factor of 0.00175
Residual of 60%

I think the MF is too high, as is the Cap Cost. Would like to get an opinion on current lease values in the upper Midwest right now.

Thanks in advance for your help.

Yes, the MF is marked up the maximum (base is .00135). 36/12 residual is 60%

In general, 5-7% off sticker for BMW is a good transaction price. Does the cap cost include any up front taxes or fees?

alanxparr

Michaell said:

alanxparr said:

Hi,

I'm looking at my first BMW, an m235i. This will also be my first lease, and I want 12k/year for 36 months.

The numbers I have from the dealer are:
MSRP of 52,349 (has tech and cold weather packages)
Cap Cost of 50,500
Money Factor of 0.00175
Residual of 60%

I think the MF is too high, as is the Cap Cost. Would like to get an opinion on current lease values in the upper Midwest right now.

Thanks in advance for your help.

Yes, the MF is marked up the maximum (base is .00135). 36/12 residual is 60%

In general, 5-7% off sticker for BMW is a good transaction price. Does the cap cost include any up front taxes or fees?

That cap cost does not include fees. The dealer's offer was capitalizing $50,500 for a monthly payment of $674. Tax/Title/License/Acquision total $3,626.

I'm talking to other dealers already; your benchmark of 5-7% off the sticker is very handy, thanks for the tip.

Michaell

alanxparr said:

Michaell said:

alanxparr said:

Hi,

I'm looking at my first BMW, an m235i. This will also be my first lease, and I want 12k/year for 36 months.

The numbers I have from the dealer are:
MSRP of 52,349 (has tech and cold weather packages)
Cap Cost of 50,500
Money Factor of 0.00175
Residual of 60%

I think the MF is too high, as is the Cap Cost. Would like to get an opinion on current lease values in the upper Midwest right now.

Thanks in advance for your help.

Yes, the MF is marked up the maximum (base is .00135). 36/12 residual is 60%

In general, 5-7% off sticker for BMW is a good transaction price. Does the cap cost include any up front taxes or fees?

That cap cost does not include fees. The dealer's offer was capitalizing $50,500 for a monthly payment of $674. Tax/Title/License/Acquision total $3,626.

I'm talking to other dealers already; your benchmark of 5-7% off the sticker is very handy, thanks for the tip.

Using your prices, I get $641/mo before tax with the base MF of .00135; the inflated MF takes the payment to ... wait for it ... $674.

alanxparr

Michaell said:

alanxparr said:

Michaell said:

alanxparr said:

Hi,

I'm looking at my first BMW, an m235i. This will also be my first lease, and I want 12k/year for 36 months.

The numbers I have from the dealer are:
MSRP of 52,349 (has tech and cold weather packages)
Cap Cost of 50,500
Money Factor of 0.00175
Residual of 60%

I think the MF is too high, as is the Cap Cost. Would like to get an opinion on current lease values in the upper Midwest right now.

Thanks in advance for your help.

Yes, the MF is marked up the maximum (base is .00135). 36/12 residual is 60%

In general, 5-7% off sticker for BMW is a good transaction price. Does the cap cost include any up front taxes or fees?

That cap cost does not include fees. The dealer's offer was capitalizing $50,500 for a monthly payment of $674. Tax/Title/License/Acquision total $3,626.

I'm talking to other dealers already; your benchmark of 5-7% off the sticker is very handy, thanks for the tip.

Using your prices, I get $641/mo before tax with the base MF of .00135; the inflated MF takes the payment to ... wait for it ... $674.

Ouch! I wish someone would give me $33/month over 3 years ($1188) for being an a-hole. Anyway, I'm better prepared for my negotiation with a different dealer now. Thanks so much for your help Michael, you are brilliant. I'm looking forward to my first BMW!