2016 BMW 2-Series Lease Questions

Michaell

Ask your 2016 2-series lease questions here!

genen

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?

kyfdx

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.

genen

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. 

kerb

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.

Michaell

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%

kerb

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

Michaell

kerb said:

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

Yes, that's correct.

swen86

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

kyfdx

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.

userjorts

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?

Michaell

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.

userjorts

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?

ragamash

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!

kyfdx

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

jambo07

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!

Michaell

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.

jkrn2003

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!

Michaell

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.

jkrn2003

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!!

Michaell

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.

nxeclipse

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

kyfdx

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.

jkrn2003

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?

Michaell

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%

jkrn2003

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.

Michaell

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.

kyfdx

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).

bd38

Hello

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

Michaell

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.

sardille1

Hi. What's MF for 2016 m235i?

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

Michaell

carlifigueroacrespo said:

Hi. What's MF for 2016 m235i?

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

.00131 and 54% for 36/10, 55% for 39/10.

$750 option credit and $500 Novemberfest adder. Numbers expire today.

jkrn2003

Hello. can you provide the #'s for December? Looking for 12k, 15k, and 18k's for either 36 or 39 months.

Thanks!

kyfdx

jkrn2003 said:

Hello. can you provide the #'s for December? Looking for 12k, 15k, and 18k's for either 36 or 39 months.

Thanks!

For all 2016 2-series models:

.00131 MF and 52% residual for 39/15. $750 option credit + $500 Holiday adder.

Add 2% for 12K/yr

msuphav

Are the 228i Convertible # for December for 24/12 and 24/15 available? Assuming the same credit of $750 + $500 apply?

Thanks

kyfdx

msuphav said:

Are the 228i Convertible # for December for 24/12 and 24/15 available? Assuming the same credit of $750 + $500 apply?

Thanks

.00131 MF and 59%/57% residual. Same credits

lanameras

What is the residual and mf for m235xi 36/10??

Thanks!

kyfdx

lanameras said:

What is the residual and mf for m235xi 36/10??

Thanks!

.00131 MF and 55% residual for 39mo, 10K/yr. $750 option credit + $500 Holiday adder.

39 months is the incentived term.

flycaster

I have always bought my cars outright and have usually kept them for 5-10 years. However, as I am now a bit older (77,) I may not be around to keep a car too long, so I'm trying to weigh the benefits of leasing vs buying. I intend to trade in my very well-kept 2005 2.5L Z4 for a 2016 228i coupe (estimated MSRP $42,645) that will be driven about 5K miles/yr and figure I may get the 228i for around $31-32K. Buying the car outright is no problem, but leasing for around 3 years does appeal to me. So, two questions:
1. What is the present MF/Residual for such leasing?
2. I realize, or think I realize, that one probably pays some kind of premium for leasing. And, although I can afford to pay the premium, I'd still like to know what it might be (assuming that if I bought the car, that I'd be selling it at the end of that 3-yr period)?

Michaell

flycaster said:

I have always bought my cars outright and have usually kept them for 5-10 years. However, as I am now a bit older (77,) I may not be around to keep a car too long, so I'm trying to weigh the benefits of leasing vs buying. I intend to trade in my very well-kept 2005 2.5L Z4 for a 2016 228i coupe (estimated MSRP $42,645) that will be driven about 5K miles/yr and figure I may get the 228i for around $31-32K. Buying the car outright is no problem, but leasing for around 3 years does appeal to me. So, two questions:
1. What is the present MF/Residual for such leasing?
2. I realize, or think I realize, that one probably pays some kind of premium for leasing. And, although I can afford to pay the premium, I'd still like to know what it might be (assuming that if I bought the car, that I'd be selling it at the end of that 3-yr period)?

This month, 39 months is the best term for the 2-series.

.00131 and 55% for 39/10.

There is an acquisition fee of $925 assigned when you lease, and a disposition fee when you turn the car in after 3 years.

I'm not a lawyer (nor do I play one on the internet), but you might want to check into disposition issues if you aren't around to complete the lease. Might be easier if you bought the car outright.

flycaster

Thanks, Michaell. I think I'll just pay cash and be done with it.

zoomermo

Looking for money factor and residual on an M235i xdrive, for 10k and 12k per year.

kyfdx

zoomermo said:

Looking for money factor and residual on an M235i xdrive, for 10k and 12k per year.

.00131 MF and 55%/54% residual for 39 months. $750 option credit + $500 Holiday adder

platopod

current residuals for 10k/24mo and 12k/24 mo? Thanks!

kyfdx

platopod said:

current residuals for 10k/24mo and 12k/24 mo? Thanks!

.00132 MF and 65%/64% residual. $1000 option allowance.

nickben

Hi! Can you please provide the Residual and MF for:

2016 BMW 228i xDrive - best term / 10K miles
2016 BMW m235i xDrive - best term / 10K miles

Thank You!

Michaell

nickben said:

Hi! Can you please provide the Residual and MF for:

2016 BMW 228i xDrive - best term / 10K miles
2016 BMW m235i xDrive - best term / 10K miles

Thank You!

.00132 and 59% for both models, 36/10. $1000 option allowance.

nickben

Michaell said:

nickben said:

Hi! Can you please provide the Residual and MF for:

2016 BMW 228i xDrive - best term / 10K miles
2016 BMW m235i xDrive - best term / 10K miles

Thank You!

.00132 and 59% for both models, 36/10. $1000 option allowance.

Thanks! Would it be the same for the non-xdrive models?

Also, I just went to BMW's site and noticed they are showing a residual of 60% based upon their current lease offers? For example, the M235i xdrive is $499/month based on a MSRP of $47,145 with lease end purchase price of $28,287 (60%)? Not sure if that is how the above is determined, but wanted to double-check.

Appreciate the help!

Michaell

nickben said:

Michaell said:

nickben said:

Hi! Can you please provide the Residual and MF for:

2016 BMW 228i xDrive - best term / 10K miles
2016 BMW m235i xDrive - best term / 10K miles

Thank You!

.00132 and 59% for both models, 36/10. $1000 option allowance.

Thanks! Would it be the same for the non-xdrive models?

Also, I just went to BMW's site and noticed they are showing a residual of 60% based upon their current lease offers? For example, the M235i xdrive is $499/month based on a MSRP of $47,145 with lease end purchase price of $28,287 (60%)? Not sure if that is how the above is determined, but wanted to double-check.

Appreciate the help!

All 2-series have the same numbers this month. Can't explain why the BMW website might show something different.

rajcars1

Hello, what are the incentives running this month and what do they mean? i.e. option allowance?

Can you predict what incentives are coming up in February? Maybe for President's weekend?

Michaell

rajcars1 said:

Hello, what are the incentives running this month and what do they mean? i.e. option allowance?

Can you predict what incentives are coming up in February? Maybe for President's weekend?

Option allowance is BMW-speak for a discount from sticker offered by the factory, in addition to any discount you can negotiate.

No predictions on what the numbers will look like next month.