2016 BMW 3-series Lease Questions

Michaell

doccutter said:

OK. If I have a line on a 328d wagon, I know the MSRP - 53,275. They're offering the car at 9% off retail. Assuming the car is 65% residual for a 3 year, 12k lease, then what am I looking at in terms of payment?

I keep seeing ads on the BMW page for 369/mo, but this looks much higher to me: I'm getting in the low 500s for a monthly payment. How do I get from here to there or below? Thanks all!

$498/mo before tax, assuming .00136 MF. And, you'll pay all the taxes and fees at signing.

That $369/mo offer probably includes a large cap reduction, which we recommend against.

doccutter

Yeah you're right, I saw it wanted a 3k down payment, and I was hoping to make that up with MSDs. Is there any way without down payments to get the price down, or is that the price I should expect for a wagon at this point? It seems like people are getting great deals on here, I'm not sure how to replicate. Thanks.

Michaell

doccutter said:

Yeah you're right, I saw it wanted a 3k down payment, and I was hoping to make that up with MSDs. Is there any way without down payments to get the price down, or is that the price I should expect for a wagon at this point? It seems like people are getting great deals on here, I'm not sure how to replicate. Thanks.

Wagons aren't as prevalent, and it's likely dealers aren't as willing to deal on them.

Two ways (that we recommend) to get your lease payment down:

1. Lower transaction price
2. MSDs

You can make a down payment, but as noted, we don't recommend that.

$3K is $84/mo on the payment.

pebble123

2016 BMW 328i SULEV RWD in San francisco. Please residual and MF for 36/12k and 36/15k.

Thanks!

kyfdx

pebble123 said:

2016 BMW 328i SULEV RWD in San francisco. Please residual and MF for 36/12k and 36/15k.

Thanks!

.00136 MF and 65%/63% residual. $1500 option allowance

bimbimer

Hi,
Could you please confirm/check whether my 2016 328I lease deal is reasonable?
Based on my calculation I get around $375 monthly payment. Also, below $43,950 was the Ad price and the sales person told me that $43,950 already includes option allowance credit of $1,500. Can the dealer add the option allowance credit like this?

Thanks for your help in advance!

MSRP:$51,070
Cap cost: $43,950(excluding following fees)
Registration fees, etc. $523
Acquicition fee: $925
MSD(x7): $3,281
first month payment
Total upfront payment: $5,146
RV:66%
MF:0.00127
MF after MSD: 0.00078
36 month. 10K
Monthly Payment: $417

California

julio91

Good morning, really indecivise -__-. May I have the money factor and residual for 2016 328i for 24,27,30,33,36 12k and 15k As well as for 2017 ? In Miami Florida and if there is any incentive. Thank you ! @Michaell @kyfdx

Michaell

julio91 said:

Good morning, really indecivise -__-. May I have the money factor and residual for 2016 328i for
24,27,30,33,36

12k and 15k

As well as for 2017 ? In Miami Florida and if there is any incentive.

Thank you !

@Michaell @kyfdx

.00136 and 69% (24/15) or 63% (36/15). Add 2% for 2/k

2017 discussion is here:

http://forums.edmunds.com/discussion/42196/bmw/3-series/2017-bmw-3-series-lease-questions#latest

j3w3li622

Hi! Please help - what is the residual for 2016 320i for 36 months, 15k miles? thank you!!!

j3w3li622

slolankan said:

Is this a good deal?

2016 320i
MSRP 35745
Selling price 28930

1k rebate loyalty+680.00 drive off
24 months/10k miles per year

72% resd.
.00136 MF
224.44 a month oac (this includes the 925.00 acq. fee as well in the payment)

$193 a month with $1400 in MSDs

WOW excellent deal where????

ejb1234

I should qualify for corp fleet and graduate promotions. Those stock with the $1500 option allowance for leases, right? (so $1500 + $1000 + $1500 in rebates). So that could result in a sweet deal for a 36/12 lease, right?

E.g., for MSRP of $50k that I can get down to $45k, would I be looking at ~$330 incl. taxes in NJ for 36/12k?
I'm assuming $4000 in rebates, 65% residual, .00116 money factor (fleet), and 7 MSDs. Is this practical? Should I aim for better?

j3w3li622

ejb1234 said:

I should qualify for corp fleet and graduate promotions. Those stock with the $1500 option allowance for leases, right? (so $1500 + $1000 + $1500 in rebates). So that could result in a sweet deal for a 36/12 lease, right?

E.g., for MSRP of $50k that I can get down to $45k, would I be looking at ~$330 incl. taxes in NJ for 36/12k?
I'm assuming $4000 in rebates, 65% residual, .00116 money factor (fleet), and 7 MSDs. Is this practical? Should I aim for better?

Can you tell me how the $1500 option allowance works? If the negotiated price is let's say, $35,000 - does that mean I get ANOTHER $1500 off of that?? Or do I get to add $1500 worth of options? I'm SO confused. Please clarify, thanks!!

kyfdx

j3w3li622 said:

Hi! Please help - what is the residual for 2016 320i for 36 months, 15k miles? thank you!!!

.00136 MF and 63% residual
$1500 option allowance

kyfdx

ejb1234 said:

I should qualify for corp fleet and graduate promotions. Those stock with the $1500 option allowance for leases, right? (so $1500 + $1000 + $1500 in rebates). So that could result in a sweet deal for a 36/12 lease, right?

E.g., for MSRP of $50k that I can get down to $45k, would I be looking at ~$330 incl. taxes in NJ for 36/12k?
I'm assuming $4000 in rebates, 65% residual, .00116 money factor (fleet), and 7 MSDs. Is this practical? Should I aim for better?

I have no idea about rebates other than the option allowance.
10% off MSRP + rebates may not be realistic, though.

kyfdx

@j3w3li622 The option allowance is a customer incentive. It must be used as a CAP cost reduction. But, any offer the dealer makes is going to take that into account.

ejb1234

Wish me luck, heading to dealership having agreed to pricing for a great deal on the 328xi. Now I just have to hope they don't try to pull a fast one on me.

Michaell

ejb1234 said:

Wish me luck, heading to dealership having agreed to pricing for a great deal on the 328xi. Now I just have to hope they don't try to pull a fast one on me.

If you've got all the data, you don't need luck.

Keep us posted.

ejb1234

Michaell said:

ejb1234 said:

Wish me luck, heading to dealership having agreed to pricing for a great deal on the 328xi. Now I just have to hope they don't try to pull a fast one on me.

If you've got all the data, you don't need luck.

Keep us posted.

With my luck, I need luck. Will keep you posted.

ejb1234

328xi in NJ
Terms: 3yr/36k
MSRP: 50,600
Selling price (incl 1500 allowance): 43,000
1500 fleet
MF: .00067 (incl. 7 MSDs)

$338/m + MSD + $533 DMV + ~$600 crap fees
How is this deal? Paid deposit but haven't driven off with car. Is it worth and possible to try and get the crap fees shaved? Didn't realize how much of them were in the contract...

j3w3li622

@Michaell Thank you so much for all your help!

Here is most recent quote:
2016 320i ex-loaner BMW with ~4600miles

MSRP: 36795
Selling: 28795

36 month lease
1700 drive off
MF: .00136
Residual: 63%
15k/36m lease
$276/month tax included (9% tax)

Does the monthly payment look accurate?

Based on manual calculations formula, I get$247.02 after tax

From my AutoLease Iphone App, I get $251.66 after tax.

Not sure why their monthly payment is much higher. Can you verify that my calculations are more accurate before I email them? I think he is inflating the monthly cost to compensate for the extra $1000 off he gave me (selling use to be $29,795). Thanks!!

Also, does the $1700 drive off seem fair? I'm not putting a down payment. So I'm assuming that is acquisition fees + DMV + other fees?

ejb1234

j3w3li622 said:

@Michaell Thank you so much for all your help!

Here is most recent quote:
2016 320i ex-loaner BMW with ~4600miles

MSRP: 36795
Selling: 28795

36 month lease
1700 drive off
MF: .00136
Residual: 63%
15k/36m lease
$276/month tax included (9% tax)

Does the monthly payment look accurate?

Based on manual calculations formula, I get$247.02 after tax

From my AutoLease Iphone App, I get $251.66 after tax.

Not sure why their monthly payment is much higher. Can you verify that my calculations are more accurate before I email them? I think he is inflating the monthly cost to compensate for the extra $1000 off he gave me (selling use to be $29,795). Thanks!!

Also, does the $1700 drive off seem fair? I'm not putting a down payment. So I'm assuming that is acquisition fees + DMV + other fees?

I get the payment they quoted by rolling the acq fee into the payment. My guess is the drive off includes some dealer charges as well as the 1mp.

kyfdx

ejb1234 said:

328xi in NJ
Terms: 3yr/36k
MSRP: 50,600
Selling price (incl 1500 allowance): 43,000
1500 fleet
MF: .00067 (incl. 7 MSDs)

$338/m + MSD + $533 DMV + ~$600 crap fees
How is this deal? Paid deposit but haven't driven off with car. Is it worth and possible to try and get the crap fees shaved? Didn't realize how much of them were in the contract...

Don't know what your crap fees are, but you should grab it and run..

kyfdx

j3w3li622 said:

@Michaell Thank you so much for all your help!

Here is most recent quote:
2016 320i ex-loaner BMW with ~4600miles

MSRP: 36795
Selling: 28795

36 month lease
1700 drive off
MF: .00136
Residual: 63%
15k/36m lease
$276/month tax included (9% tax)

Does the monthly payment look accurate?

Based on manual calculations formula, I get$247.02 after tax

From my AutoLease Iphone App, I get $251.66 after tax.

Not sure why their monthly payment is much higher. Can you verify that my calculations are more accurate before I email them? I think he is inflating the monthly cost to compensate for the extra $1000 off he gave me (selling use to be $29,795). Thanks!!

Also, does the $1700 drive off seem fair? I'm not putting a down payment. So I'm assuming that is acquisition fees + DMV + other fees?

Your calculations are correct, but you are probably missing some numbers.
Most likely, it's the residual reduction to account for the current mileage.
4600 miles would reduce the residual by $1150
Re-do your calculation using .599 as the residual, and you'll see the difference.

As far as the $1700? $925 acq.fee, $276 1st payment. That leaves $500 for DMV and dealer crap, plus tax on the acq.fee. Not too bad.

I would roll the $925 fee into the payment. That will make the payment about $309/mo, but just $725 due at lease signing.

aigochamaloh

Negotiated this for a friend after I sent him my spreadsheet.

320i: MSRP 35195

Completely zero out of pocket, no MSD. 24 months/12k a year. $199/month including tax. Have to switch the car to one without a moonroof, should be $30 a month cheaper.

Selling my Spark EV to Carmax since they appraised above payoff and also negotiating for a 320i myself. I'm calculating with grad discount, loyalty, and UDE coupon, somewhere around $90 a month with tax. We shall see.

Michaell

aigochamaloh said:

Negotiated this for a friend after I sent him my spreadsheet.

320i: MSRP 35195

Completely zero out of pocket, no MSD. 24 months/12k a year. $199/month including tax. Have to switch the car to one without a moonroof, should be $30 a month cheaper.

Selling my Spark EV to Carmax since they appraised above payoff and also negotiating for a 320i myself. I'm calculating with grad discount, loyalty, and UDE coupon, somewhere around $90 a month with tax. We shall see.

Some pretty good lease deals on the 3-series at the moment, for sure.

ejb1234

kyfdx said:

ejb1234 said:

328xi in NJ
Terms: 3yr/36k
MSRP: 50,600
Selling price (incl 1500 allowance): 43,000
1500 fleet
MF: .00067 (incl. 7 MSDs)

$338/m + MSD + $533 DMV + ~$600 crap fees
How is this deal? Paid deposit but haven't driven off with car. Is it worth and possible to try and get the crap fees shaved? Didn't realize how much of them were in the contract...

Don't know what your crap fees are, but you should grab it and run..

Grabbed it and ran . Awesome car.

kyfdx

ejb1234 said:

kyfdx said:

ejb1234 said:

328xi in NJ
Terms: 3yr/36k
MSRP: 50,600
Selling price (incl 1500 allowance): 43,000
1500 fleet
MF: .00067 (incl. 7 MSDs)

$338/m + MSD + $533 DMV + ~$600 crap fees
How is this deal? Paid deposit but haven't driven off with car. Is it worth and possible to try and get the crap fees shaved? Didn't realize how much of them were in the contract...

Don't know what your crap fees are, but you should grab it and run..

Grabbed it and ran . Awesome car.

Congrats!

colewilliamz

BMW 320i
MSRP 36,645
Tax 5.6
24/36 month lease 12kmiles
I am rolling 1,000 from my current lease into the loan
0 down

Which term will get me the best payment? What fees will I be paying for? I Want to know what my payment is at the base MSRP plus the 1,000 and negotiate from there.

Sorry if I missed something.

Thanks

Michaell

colewilliamz said:

BMW 320i
MSRP 36,645
Tax 5.6
24/36 month lease 12kmiles
I am rolling 1,000 from my current lease into the loan
0 down

Which term will get me the best payment? What fees will I be paying for? I Want to know what my payment is at the base MSRP plus the 1,000 and negotiate from there.

Sorry if I missed something.

Thanks

36/12 is a better term - 65% residual.

Acquisition fee, dealer fee, DMV costs, first payment.

Need to know the adjusted cap cost in order to figure the payment.

colewilliamz

Michaell said:

colewilliamz said:

BMW 320i
MSRP 36,645
Tax 5.6
24/36 month lease 12kmiles
I am rolling 1,000 from my current lease into the loan
0 down

Which term will get me the best payment? What fees will I be paying for? I Want to know what my payment is at the base MSRP plus the 1,000 and negotiate from there.

Sorry if I missed something.

Thanks

36/12 is a better term - 65% residual.

Acquisition fee, dealer fee, DMV costs, first payment.

Need to know the adjusted cap cost in order to figure the payment.

32,645. I am getting 340/month. About right?

Michaell

colewilliamz said:

Michaell said:

colewilliamz said:

BMW 320i
MSRP 36,645
Tax 5.6
24/36 month lease 12kmiles
I am rolling 1,000 from my current lease into the loan
0 down

Which term will get me the best payment? What fees will I be paying for? I Want to know what my payment is at the base MSRP plus the 1,000 and negotiate from there.

Sorry if I missed something.

Thanks

36/12 is a better term - 65% residual.

Acquisition fee, dealer fee, DMV costs, first payment.

Need to know the adjusted cap cost in order to figure the payment.

32,645. I am getting 340/month. About right?

For 36/12 I am just a few pennies off ... if you're comfortable with the selling price, all looks good.

aigochamaloh

slolankan said:

Is this a good deal?

2016 320i
MSRP 35745
Selling price 28930

1k rebate loyalty+680.00 drive off
24 months/10k miles per year

72% resd.
.00136 MF
224.44 a month oac (this includes the 925.00 acq. fee as well in the payment)

$193 a month with $1400 in MSDs

As asked before, what dealership is this?

lougotti

Passed on my original offer and went to another dealership in Northern NJ. Had a much better overall experience there and took the deal.

2016 328i xDrive, 36/12k.

MSRP: 48,595
Selling Price: 42,146.73
Acquisition: 925
Gross/Adjusted Cap Cost: 43,071.73 ($0 Cap Reduction)
Residual: 65%
MF: 0.00136

Only $450 Due at Signing for first month's payment, then $450/month / 35 months.

Michaell

lougotti said:

Passed on my original offer and went to another dealership in Northern NJ. Had a much better overall experience there and took the deal.

2016 328i xDrive, 36/12k.

MSRP: 48,595
Selling Price: 42,146.73
Acquisition: 925
Gross/Adjusted Cap Cost: 43,071.73 ($0 Cap Reduction)
Residual: 65%
MF: 0.00136

Only $450 Due at Signing for first month's payment, then $450/month / 35 months.

Nice deal! Congrats!

Mike77777

Hello and thanks for your assistance on here. I apologize if this has been asked. Can you tell me the current mf and residual on a 2016 340xdrive, Thank you! 36x12 and 36x15

kyfdx

Mike77777 said:

Hello and thanks for your assistance on here. I apologize if this has been asked. Can you tell me the current mf and residual on a 2016 340xdrive, Thank you! 36x12 and 36x15

.00136 MF and 65%/63% residual
$1500 option allowance.

alexandert7

Good afternoon,

May I please have the money factor, residual, and lease cash for a 2016 320i located in south florida 33433

Thank you!

Michaell

alexandert7 said:

Good afternoon,

May I please have the money factor, residual, and lease cash for a 2016 320i located in south florida 33433

Thank you!

.00136 and 63% for 36 months, 15,000 miles per year.

$1500 option allowance.

maksimfa

Hello, got an offer today on a 320i.

MSRP: 36645
Selling Price 29764
MF .00136
Residual 24185

Monthly payment with Tax is $299.

609 out of pocket which is First month plus tags.


Seems a tad high. Looks like Mf was marked up? or some other fees rolled in? Getting $284 with one app.

Still, under $300 for a BMW is not bad at all, but will be likely adding MSD's but want to get the right base first.

This is a NJ Lease. 36/12

Ok, so looks like if i Add the doc fee, assuming $500 into the sale price, the numbers come to within a few bucks of the $299.

Michaell

maksimfa said:

Hello, got an offer today on a 320i.

MSRP: 36645
Selling Price 29764
MF .00136
Residual 24185

Monthly payment with Tax is $299.

609 out of pocket which is First month plus tags.


Seems a tad high. Looks like Mf was marked up? or some other fees rolled in? Getting $284 with one app.

Still, under $300 for a BMW is not bad at all, but will be likely adding MSD's but want to get the right base first.

This is a NJ Lease. 36/12

Ok, so looks like if i Add the doc fee, assuming $500 into the sale price, the numbers come to within a few bucks of the $299.

You'll have to account for the acquisition fee, as well.

Get the adjusted cap cost from the dealer; that will tell us if they've marked up the MF or not.

What state and tax rate is this?

maksimfa

Michaell said:

maksimfa said:

Hello, got an offer today on a 320i.

MSRP: 36645
Selling Price 29764
MF .00136
Residual 24185

Monthly payment with Tax is $299.

609 out of pocket which is First month plus tags.


Seems a tad high. Looks like Mf was marked up? or some other fees rolled in? Getting $284 with one app.

Still, under $300 for a BMW is not bad at all, but will be likely adding MSD's but want to get the right base first.

This is a NJ Lease. 36/12

Ok, so looks like if i Add the doc fee, assuming $500 into the sale price, the numbers come to within a few bucks of the $299.

You'll have to account for the acquisition fee, as well.

Get the adjusted cap cost from the dealer; that will tell us if they've marked up the MF or not.

What state and tax rate is this?

I edited the original post.

NJ. 7%

And Acquisition fee is included into the lease.

Michaell

maksimfa said:

Michaell said:

maksimfa said:

Hello, got an offer today on a 320i.

MSRP: 36645
Selling Price 29764
MF .00136
Residual 24185

Monthly payment with Tax is $299.

609 out of pocket which is First month plus tags.


Seems a tad high. Looks like Mf was marked up? or some other fees rolled in? Getting $284 with one app.

Still, under $300 for a BMW is not bad at all, but will be likely adding MSD's but want to get the right base first.

This is a NJ Lease. 36/12

Ok, so looks like if i Add the doc fee, assuming $500 into the sale price, the numbers come to within a few bucks of the $299.

You'll have to account for the acquisition fee, as well.

Get the adjusted cap cost from the dealer; that will tell us if they've marked up the MF or not.

What state and tax rate is this?

I edited the original post.

NJ. 7%

And Acquisition fee is included into the lease.

I still get a number less than $299/mo - please repost all your numbers so we can start fresh.

maksimfa

This is what I have from the dealer.

MSRP is 36645

selling price 29764

money factor 0.00136

residual is 24185

monthly payment is 299

total down is 609 (by down it means first month payment + registration due at signing, not cap cost reduction)

NJ 12k per year, 36 months.

thanks!

alexandert7

Sorry, I forgot to edit my original post. 2016 320i 10k/12k a year for 36 months

Money factor, residual and lease cash please!

thank you for all your help!

kyfdx

maksimfa said:

This is what I have from the dealer.

MSRP is 36645

selling price 29764

money factor 0.00136

residual is 24185

monthly payment is 299

total down is 609 (by down it means first month payment + registration due at signing, not cap cost reduction)

NJ 12k per year, 36 months.

thanks!

If I add $925 for acquisition and $725 for tax, I get $286/mo.

In NJ, you probably have a $299-$499 dealer fee, and that would make up the missing $13/mo., I think.

Looks like a very good deal.

kyfdx

alexandert7 said:

Sorry, I forgot to edit my original post. 2016 320i 10k/12k a year for 36 months

Money factor, residual and lease cash please!

thank you for all your help!

.00136 MF and 66%/65% residual.
$1500 option allowance.

tcraftncsu

Hello everyone! I'm looking to get the current MF & residual on a 2016 340i for a both 10k and 12k 36 month lease. Thank you!

jferral

kyfdx said:

alexandert7 said:

Sorry, I forgot to edit my original post. 2016 320i 10k/12k a year for 36 months

Money factor, residual and lease cash please!

thank you for all your help!

.00136 MF and 66%/65% residual.
$1500 option allowance.

Thank you for posting October numbers.

What is included in the option allowance?
Is there a loyalty incentive as well?

Thank you so much.

Michaell

tcraftncsu said:

Hello everyone! I'm looking to get the current MF & residual on a 2016 340i for a both 10k and 12k 36 month lease. Thank you!

.00136 MF and 66%/65% residual.
$1500 option allowance.

Michaell

jferral said:

kyfdx said:

alexandert7 said:

Sorry, I forgot to edit my original post. 2016 320i 10k/12k a year for 36 months

Money factor, residual and lease cash please!

thank you for all your help!

.00136 MF and 66%/65% residual.
$1500 option allowance.

Thank you for posting October numbers.

What is included in the option allowance?
Is there a loyalty incentive as well?

Thank you so much.

Option allowance is a rebate to lower the cap cost.

No other incentive information.