2016 BMW 3-series Lease Questions

kyfdx

nycjames said:

Also, does BMW currently have a college graduate incentive program? I searched google but I see results from years ago. Nothing recent mentioning a college rebate. 

No info on that.

nycjames

kyfdx said:

Also, does BMW currently have a college graduate incentive program? I searched google but I see results from years ago. Nothing recent mentioning a college rebate. 

No info on that.

I asked my salesman and he said they do . $1000 college graduate rebate. Hopefully I get it! I should qualify. 

nycjames

Ok I got the following details about my offer...

2016 BMW 328i xDrive Sedan
Exterior: Jet Black
Interior: Black Dakota Leather with Dark Oyster highlight
Trim: Burl Walnut Wood Trim with Pearl Gloss Chrome highlight
Wheels: 17" Light Alloy Wheels Double-spoke Style 392 with All-Season Tires (17x7.5, 225/50 R17) (Std)
Transmission: Sport automatic transmission with shift paddles
Cold Weather Pkg
Premium Package
Driver Assistance Package
Driver Assistance Plus (Must select: ZDA; Req. 609)
Technology Package
Lighting Package (Must select: ZPP)
Moonroof (included / no charge)
Heated front seats (included / no charge)
Side and Top View Cameras (Req. ZDA) (included / no charge)
Navigation system (included / no charge)

MSRP: $52,245.00
Invoice (according to TrueCar.com): $49,140.00
Selling Price: $47,250.00
MF: 0.00132
Residual: 60%
Taxes are rolled into the payment
Option Credit: Included
College Rebate: Included
Monthly payment: $601.15
8.875% NYS Tax included in payments.

First Payment: $601.15
+ Security: $0.00
+ Cap Red: $0.00
+ Rebate Cap Red: $1,000.00
+ Tax on Cap Red: $88.75
+ Acquisition Fee: $925.00
+ DMV Fees: $0.00
+ Tire Fee: $10.00
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $88.75
- Rebate: $1,000.00
= Cash Due on Lease: $1,798.65
- Trade Equity to COD: $0.00
= Total Cash Due: $1,798.65
- Deposit: $0.00
= Cash on Delivery: $1,798.65
Plus DMV Fees ($70-75 I was told to transfer my plates)

Based on the advice from here, I plan to also roll in the acquisition fees. Once again the "adjusted cap cost" is no where to be found... my salesman is playing dumb or has no idea what i'm talking about. I hope with the above numbers, someone can tell me if this is a good deal or not.

My questions are:

1) Is this a solid deal? If not, where/what should I be negotiating?

2) What is the Rebate Cap Red? Why is $1000 being added, then taxed, and then $1000 being deducted?

3) Any other ways to improve this deal?

voldermort

Why do I feel I just got blindsided by my dealer? 1. This year I didn't have the time to research as I have previously, with this forum for our BMW's. And now I don't know......so here's the scenario.

We usually order two vehicles in March. But salesman called me and said there's a jump ahead program where we don't have to pay two months payments. My husband said see what the numbers look like. As always, we only want the premium package, cold weather package, heated front and rear seats, and heated steering wheel.

Initially we wanted the 12k. They gave us a price of $449. Sounded good, I agreed. (I didn't research this). At delivery, my husband and I realized that we don't use the 12K (the lease we were giving back was 12k and we only put in 29,859K) so we asked to go 10k.

Then they convinced us the run flat tire insurance, which jumped from $1,200 to $1,600+, (is that negotiable?) and an interior insurance for $499. ( I didn't want the interior insurance because that was free for the 2014 X3 that we still currently have.) After much conversation, and convincing we decided to accept it. Only because the interior is a light beige. (btw- never again will we go with a beige, light interior) Bottom line our monthly payment jumped to $502.00). That's really high! I feel they didn't do much for us. Question is, what should our monthly payment have been? I don't know the MF or Residual. I don't know if they used our BMW loyalty - ? ? ? ? ?

Oh, and the other 328xi that we picked up this week is the same as ours, except for the color. (black) We again had a $449 payment with 12k (same vehicle as the beige interior). My daughter also didn't use up her 12k miles on her old vehicle (23,000 total). She asked to change to 10k. Her monthly payment is $436.00.

I don't know the MF or residual for either. Again, I didn't do my research here as I have always done. And the jump ahead program.......two months no payments. Our 1st payment is due April.

The dealer also told us to call BMW Financial and ask them if we get any credit for the miles we never used. Is that accurate?

Please let me know.

Thank you so much.

kyfdx

nycjames said:

Ok I got the following details about my offer...

2016 BMW 328i xDrive Sedan

MSRP: $52,245.00
Invoice (according to TrueCar.com): $49,140.00
Selling Price: $47,250.00
MF: 0.00132
Residual: 60%
Taxes are rolled into the payment
Option Credit: Included
College Rebate: Included
Monthly payment: $601.15
8.875% NYS Tax included in payments.

First Payment: $601.15
+ Security: $0.00
+ Cap Red: $0.00
+ Rebate Cap Red: $1,000.00
+ Tax on Cap Red: $88.75
+ Acquisition Fee: $925.00
+ DMV Fees: $0.00
+ Tire Fee: $10.00
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $88.75
- Rebate: $1,000.00
= Cash Due on Lease: $1,798.65
- Trade Equity to COD: $0.00
= Total Cash Due: $1,798.65
- Deposit: $0.00
= Cash on Delivery: $1,798.65
Plus DMV Fees ($70-75 I was told to transfer my plates)

Based on the advice from here, I plan to also roll in the acquisition fees. Once again the "adjusted cap cost" is no where to be found... my salesman is playing dumb or has no idea what i'm talking about. I hope with the above numbers, someone can tell me if this is a good deal or not.

My questions are:

1) Is this a solid deal? If not, where/what should I be negotiating?

2) What is the Rebate Cap Red? Why is $1000 being added, then taxed, and then $1000 being deducted?

3) Any other ways to improve this deal?

I calculate taxes on the payments of about $1750. Adding that to the selling price for a CAP cost of $49000 results in a payment of about $597/mo. That's really close to their $601/mo.
Shouldn't be anything else in the CAP cost, because they are showing the other costs as being paid upfront.

1) Looks good. You are over 7% under MSRP, before deducting the $1000 rebate. No markups to the money factor or extraneous charges that I can see.

2) It's convoluted, because the rebate has to be taxed. It's added once, but it's subtracted twice. Once in the selling price of the car, and again as a credit on amount due at signing. You are definitely not giving it back.

3) Only way to move it lower is to ask for a lower selling price. Not sure they have any room, but you can ask.

kyfdx

voldermort said:

Why do I feel I just got blindsided by my dealer? 1. This year I didn't have the time to research as I have previously, with this forum for our BMW's. And now I don't know......so here's the scenario.

We usually order two vehicles in March. But salesman called me and said there's a jump ahead program where we don't have to pay two months payments. My husband said see what the numbers look like. As always, we only want the premium package, cold weather package, heated front and rear seats, and heated steering wheel.

Initially we wanted the 12k. They gave us a price of $449. Sounded good, I agreed. (I didn't research this). At delivery, my husband and I realized that we don't use the 12K (the lease we were giving back was 12k and we only put in 29,859K) so we asked to go 10k.

Then they convinced us the run flat tire insurance, which jumped from $1,200 to $1,600+, (is that negotiable?) and an interior insurance for $499. ( I didn't want the interior insurance because that was free for the 2014 X3 that we still currently have.) After much conversation, and convincing we decided to accept it. Only because the interior is a light beige. (btw- never again will we go with a beige, light interior) Bottom line our monthly payment jumped to $502.00). That's really high! I feel they didn't do much for us. Question is, what should our monthly payment have been? I don't know the MF or Residual. I don't know if they used our BMW loyalty - ? ? ? ? ?

Oh, and the other 328xi that we picked up this week is the same as ours, except for the color. (black) We again had a $449 payment with 12k (same vehicle as the beige interior). My daughter also didn't use up her 12k miles on her old vehicle (23,000 total). She asked to change to 10k. Her monthly payment is $436.00.

I don't know the MF or residual for either. Again, I didn't do my research here as I have always done. And the jump ahead program.......two months no payments. Our 1st payment is due April.

The dealer also told us to call BMW Financial and ask them if we get any credit for the miles we never used. Is that accurate?

Please let me know.

Thank you so much.

The extra cost insurance packages are just killing you. Is it negotiable? Sure, decline and they cost nothing, which is what I would do.

Going from 12K/yr to 10K/yr raises the residual by 1%, which saves $13-$15/mo.

Not doing the research can be expensive. I can't tell you what your monthly payment should have been, because you really don't have any of the details or numbers.

I have heard of credit for unused miles from BMWFS, but I don't have any details. I would do as your dealer suggested and call them. But, doing a pull-ahead program may have negated that.

nycjames

kyfdx said:

1) Looks good. You are over 7% under MSRP, before deducting the $1000 rebate. No markups to the money factor or extraneous charges that I can see.

2) It's convoluted, because the rebate has to be taxed. It's added once, but it's subtracted twice. Once in the selling price of the car, and again as a credit on amount due at signing. You are definitely not giving it back.

3) Only way to move it lower is to ask for a lower selling price. Not sure they have any room, but you can ask.

Great! Thanks for the feedback.

If I sign now, i'm signing at the current MF and Residuals. What happens if the MF decreases or the Residual increases by the time I pick up the car? (I was given an estimated 8-10 week build time) Am I stuck at the worse rates or can I get the better rates?

kyfdx

nycjames said:

kyfdx said:

1) Looks good. You are over 7% under MSRP, before deducting the $1000 rebate. No markups to the money factor or extraneous charges that I can see.

2) It's convoluted, because the rebate has to be taxed. It's added once, but it's subtracted twice. Once in the selling price of the car, and again as a credit on amount due at signing. You are definitely not giving it back.

3) Only way to move it lower is to ask for a lower selling price. Not sure they have any room, but you can ask.

Great! Thanks for the feedback.

If I sign now, i'm signing at the current MF and Residuals. What happens if the MF decreases or the Residual increases by the time I pick up the car? (I was given an estimated 8-10 week build time) Am I stuck at the worse rates or can I get the better rates?

Rates can be locked until the end of April. If rates are better in April, you can take advantage of that, then. But, get this in writing from your dealer, as it is at their discretion (make sure you specify base rates).

brofists

Here's the offer I received on a 328xi with the Premium, Cold Weather, Driver Assistance and Technology packages. 36/10 terms

MSRP 50,295
Savings - $4121
Cap Cost - $46174
Sales Tax $1426
Dealer Fees - $529
Total Price - $48,129.04
Residual 30,679.95 (61%)
Drive Off - $2000
Monthly Payment - $578.12

Curious what you guys think on this deal. Thanks in advance.

Michaell

brofists said:

Here's the offer I received on a 328xi with the Premium, Cold Weather, Driver Assistance and Technology packages. 36/10 terms

MSRP 50,295
Savings - $4121
Cap Cost - $46174
Sales Tax $1426
Dealer Fees - $529
Total Price - $48,129.04
Residual 30,679.95 (61%)
Drive Off - $2000
Monthly Payment - $578.12

Curious what you guys think on this deal. Thanks in advance.

I get $589/mo with those numbers. How much of the $2000 is going to cap cost reduction?

radlosangeles

I am new to leasing and can use some help in evaluating the deal I am negotiating:

2015 Demo with 2998 miles
MSRP : 45,860
Internet Price: 38,240
Drive off: 4775
36/12 : $359/month includes taxes, fees
Residual 57% - 25,539

Premium package
Drivers assistance
Navigation with touchpad
Mineral white exterior/black dakota leather interior

voldermort

@kyfdx , thank you for your reply. I'm looking at the paper work now.
The MSRP was $46,595. and the sale price given was $41,340.93. Not including the stupid $599.99 for the interior "Environmental Protection", the $1,699 for the Rim & Tire Protection, and the Aquisition fee of $925.00. Total of all this is $44,564.92 . Originally, it was 12k @$449.00 . Now it shot up to $514.oo . What I didn't like was that my daughter also bought the same exact car but different color,(same day) her original payments for 12k miles 36 months was also $449.00. She wanted 10k and now her monthly payment is $436.00. That's a $78 difference that we are paying. I thought that the dealer was going to give us a great deal for both vehicles, knowing that another vehicle #3 would be in the horizon this time next year. That's 3 vehicles. What do you think?

Michaell

radlosangeles said:

I am new to leasing and can use some help in evaluating the deal I am negotiating:

2015 Demo with 2998 miles
MSRP : 45,860
Internet Price: 38,240
Drive off: 4775
36/12 : $359/month includes taxes, fees
Residual 57% - 25,539

Premium package
Drivers assistance
Navigation with touchpad
Mineral white exterior/black dakota leather interior

How does the drive off amount break down?

mrbauer

Hello, I am looking at a higher mileage lease. What would the residual be for a 340i with 20k or 25K year for 36mo? Thank you.

Michaell

mrbauer said:

Hello, I am looking at a higher mileage lease. What would the residual be for a 340i with 20k or 25K year for 36mo? Thank you.

.00132 and 58% for 36/15. $1000 option allowance. Extra miles are charged up front at .15-.25 per mile, deducted from the residual.

kyfdx

voldermort said:

@kyfdx , thank you for your reply. I'm looking at the paper work now.
The MSRP was $46,595. and the sale price given was $41,340.93. Not including the stupid $599.99 for the interior "Environmental Protection", the $1,699 for the Rim & Tire Protection, and the Aquisition fee of $925.00. Total of all this is $44,564.92 . Originally, it was 12k @$449.00 . Now it shot up to $514.oo . What I didn't like was that my daughter also bought the same exact car but different color,(same day) her original payments for 12k miles 36 months was also $449.00. She wanted 10k and now her monthly payment is $436.00. That's a $78 difference that we are paying. I thought that the dealer was going to give us a great deal for both vehicles, knowing that another vehicle #3 would be in the horizon this time next year. That's 3 vehicles. What do you think?

A cautionary tale of what can happen when you don't do your homework. Dealers only talk about loyalty, not practice it.

pandaxpress

Hello
What is the residual and MF for a 2016 328i for 10K/36 month

Thank you kindly

Michaell

pandaxpress said:

Hello
What is the residual and MF for a 2016 328i for 10K/36 month

Thank you kindly

.00132 and 61%. $1000 option allowance.

pandaxpress

Michaell said:

pandaxpress said:

Hello
What is the residual and MF for a 2016 328i for 10K/36 month

Thank you kindly

.00132 and 61%. $1000 option allowance.

thank you

mwb3123

What is residual and MF for 2013 CPO lease, 10k/24?
During February 2016. 
thank you, great forum.

Michaell

mwb3123 said:

What is residual and MF for 2013 CPO lease, 10k/24?
During February 2016. 
thank you, great forum.

We don't have any lease numbers for used vehicles.

If it's a demo or loaner vehicle that hasn't been titled, then new car lease rates would apply, subject to adjustment for the miles.

mwb3123

Thanks for the quick response. Two dealers in NY both said .00155. 

Michaell

mwb3123 said:

Thanks for the quick response. Two dealers in NY both said .00155. 

We don't have any numbers to confirm that.

mart1213

Hi - Is it too early to know what will happen to MF and residuals for March 2016? I have a dealer telling me to act on a deal now because according to him, residuals will go down and MF go up in March. I'm pretty sure this is a sales tactic but wanted to be sure in case you knew of something dramatic on the horizon. I am assuming that there will be some type of loyalty programs in March. Thanks in advance.

Michaell

mart1213 said:

Hi - Is it too early to know what will happen to MF and residuals for March 2016? I have a dealer telling me to act on a deal now because according to him, residuals will go down and MF go up in March. I'm pretty sure this is a sales tactic but wanted to be sure in case you knew of something dramatic on the horizon. I am assuming that there will be some type of loyalty programs in March. Thanks in advance.

The dealers do not know what will happen to the numbers next month any more than we do.

He's trying to book a sale in February.

mart1213

Michaell said:

mart1213 said:

Hi - Is it too early to know what will happen to MF and residuals for March 2016? I have a dealer telling me to act on a deal now because according to him, residuals will go down and MF go up in March. I'm pretty sure this is a sales tactic but wanted to be sure in case you knew of something dramatic on the horizon. I am assuming that there will be some type of loyalty programs in March. Thanks in advance.

The dealers do not know what will happen to the numbers next month any more than we do.

He's trying to book a sale in February.

mart1213

Thanks. I thought so as well. Was just making sure that for some reason 2016 MY 328i were not drastically losing value all of a sudden. Oh the games they play.

Michaell

mart1213 said:

Thanks. I thought so as well. Was just making sure that for some reason 2016 MY 328i were not drastically losing value all of a sudden. Oh the games they play.

I'm not saying the residual value won't go down next month; I'm saying I don't know if they will.

And neither does the dealer.

miamimatt01

Do the fees below all look legit? Nothing large outside of the expected acq and dmv, just hoping they aren;t trying to nickel and dime me. Pretty sure the lease price of $549 on an MSRP of $49,495 is solid:

First Payment: $548.20
+ Security: $0.00
+ Cap Red: $82.81
+ Tax on Cap Red: $6.11
+ Acquisition Fee: $925.00
+ DMV Fees: $200.00
+ Tire Fee: $12.50
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $73.75
= Cash Due on Lease: $1,933.37
- Trade Equity to COD: $0.00
= Total Cash Due: $1,933.37
- Deposit: $0.00
= Cash on Delivery: $1,933.37

Michaell

miamimatt01 said:

Do the fees below all look legit? Nothing large outside of the expected acq and dmv, just hoping they aren;t trying to nickel and dime me. Pretty sure the lease price of $549 on an MSRP of $49,495 is solid:

First Payment: $548.20
+ Security: $0.00
+ Cap Red: $82.81
+ Tax on Cap Red: $6.11
+ Acquisition Fee: $925.00
+ DMV Fees: $200.00
+ Tire Fee: $12.50
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $73.75
= Cash Due on Lease: $1,933.37
- Trade Equity to COD: $0.00
= Total Cash Due: $1,933.37
- Deposit: $0.00
= Cash on Delivery: $1,933.37

Everything on that list looks legit.

mart1213

So I am about to pull the trigger on this deal:

MSRP: $45795
Selling Price: $42325 (includes 3395 discount from MSRP + 1000 loyalty cash and rolled in 925 acquisition fee)
Resid: 61%
MF: 0.00132

$517/month including tax in NC for a 36/10 lease.

they are letting me put 5 MSDs of $500 each to reduce the MF to .00097 which would make my payment including the tax be $487

My question is: Is there any value of me putting any money down to reduce the cap cost at this point after I do the $2500 worth for 5 MSDs? I would like the monthly payment to be lower but not sure if that's the way to do it because I would be pre-paying some of the lease right?

Thanks in advance.

Michaell

mart1213 said:

So I am about to pull the trigger on this deal:

MSRP: $45795
Selling Price: $42325 (includes 3395 discount from MSRP + 1000 loyalty cash and rolled in 925 acquisition fee)
Resid: 61%
MF: 0.00132

$517/month including tax in NC for a 36/10 lease.

they are letting me put 5 MSDs of $500 each to reduce the MF to .00097 which would make my payment including the tax be $487

My question is: Is there any value of me putting any money down to reduce the cap cost at this point after I do the $2500 worth for 5 MSDs? I would like the monthly payment to be lower but not sure if that's the way to do it because I would be pre-paying some of the lease right?

Thanks in advance.

We do not recommend making a down payment on a lease .. it doesn't change the total cash outlay, and the down payment money would be lost if the car is stolen or totaled.

mart1213

Michaell said:

mart1213 said:

So I am about to pull the trigger on this deal:

MSRP: $45795
Selling Price: $42325 (includes 3395 discount from MSRP + 1000 loyalty cash and rolled in 925 acquisition fee)
Resid: 61%
MF: 0.00132

$517/month including tax in NC for a 36/10 lease.

they are letting me put 5 MSDs of $500 each to reduce the MF to .00097 which would make my payment including the tax be $487

My question is: Is there any value of me putting any money down to reduce the cap cost at this point after I do the $2500 worth for 5 MSDs? I would like the monthly payment to be lower but not sure if that's the way to do it because I would be pre-paying some of the lease right?

Thanks in advance.

We do not recommend making a down payment on a lease .. it doesn't change the total cash outlay, and the down payment money would be lost if the car is stolen or totaled.

Thanks so much, that's what I thought but wanted to confirm.

cdq1983

I appreciate any help as this is my first time leasing. I was given the following offer in so-cal. It's for a 2016 320i, 36 month\15k lease. I asked about putting a deposit down to lower my payment and was asked to put 3,600 down and 2,800 would be returned. The 1k build out was added to discount. The payment would be 376. The info is as follows:

Vehicle Price:		$35,595.00
	Savings		$4,100.00
	Price:		$31,495.00
	Sales Tax (estimate):		$2,870.10
	Tag/Registration Fees (estimate):		$276.00
	Flat Add/County Fee:		$10.00
	Electronic Filing:		$29.00
	Smog Abatement Fee:		$20.00
	DocumentationFee:		$80.00
	Balance Due (estimate):		$34,780.10

Michaell

cdq1983 said:

I appreciate any help as this is my first time leasing. I was given the following offer in so-cal. It's for a 2016 320i, 36 month\15k lease. I asked about putting a deposit down to lower my payment and was asked to put 3,600 down and 2,800 would be returned. The 1k build out was added to discount. The payment would be 376. The info is as follows:

Vehicle Price:		$35,595.00
	Savings		$4,100.00
	Price:		$31,495.00
	Sales Tax (estimate):		$2,870.10
	Tag/Registration Fees (estimate):		$276.00
	Flat Add/County Fee:		$10.00
	Electronic Filing:		$29.00
	Smog Abatement Fee:		$20.00
	DocumentationFee:		$80.00
	Balance Due (estimate):		$34,780.10

Is this California? Sales tax on a lease is applied to the monthly payment, not all up front.

36/15 lease numbers for the 2016 320i are .00132 and 61%, with $1000 option allowance.

rkdiddy

Hi there -

Looking to get the MF and Residual for March 2016 for a 340i. 36 Month lease with 10k and 12k miles per year. Thanks!

Michaell

rkdiddy said:

Hi there - Looking to get the MF and Residual for March 2016 for a 340i. 36 Month lease with 10k and 12k miles per year. Thanks!

March numbers won't be available until later this week. 

masbaconplease

When the march numbers come out, are M3/M4 numbers the same as 3/4 series?

Michaell

masbaconplease said:

When the march numbers come out, are M3/M4 numbers the same as 3/4 series?

M4 numbers same as all other 4-series; M3 residual is different than other 3-series.

rkdiddy

Here is the offer I received for March '16 on a 340i in California.

MSRP: $58,445
Sale Price: $53,415
Acquisition Fee: $925
Vehicle Total: $54,340

36 MO/ 10k/year
Residual: 61%
MF: 0.00135

Cap Reduction: $1,500
Drive Off Fees: $1,337.82

Monthly: $644.67

Thoughts on deal? I know I should eliminate the Cap Reduction. How about sales price, etc? Is there any lease cash in March? Thanks!

Michaell

rkdiddy said:

Here is the offer I received for March '16 on a 340i in California.

MSRP: $58,445
Sale Price: $53,415
Acquisition Fee: $925
Vehicle Total: $54,340

36 MO/ 10k/year
Residual: 61%
MF: 0.00135

Cap Reduction: $1,500
Drive Off Fees: $1,337.82

Monthly: $644.67

Thoughts on deal? I know I should eliminate the Cap Reduction. How about sales price, etc? Is there any lease cash in March? Thanks!

$1500 lease cash, which I suspect is already factored into the discount you are getting from the dealer.

We don't track selling prices, so I don't know if there is more of a discount available.

rkdiddy

Michaell said:

rkdiddy said:

Here is the offer I received for March '16 on a 340i in California.

MSRP: $58,445
Sale Price: $53,415
Acquisition Fee: $925
Vehicle Total: $54,340

36 MO/ 10k/year
Residual: 61%
MF: 0.00135

Cap Reduction: $1,500
Drive Off Fees: $1,337.82

Monthly: $644.67

Thoughts on deal? I know I should eliminate the Cap Reduction. How about sales price, etc? Is there any lease cash in March? Thanks!

$1500 lease cash, which I suspect is already factored into the discount you are getting from the dealer.

We don't track selling prices, so I don't know if there is more of a discount available.

Great, thank you. Makes sense.

kyfdx

rkdiddy said:

Here is the offer I received for March '16 on a 340i in California.

MSRP: $58,445
Sale Price: $53,415
Acquisition Fee: $925
Vehicle Total: $54,340

36 MO/ 10k/year
Residual: 61%
MF: 0.00135

Cap Reduction: $1,500
Drive Off Fees: $1,337.82

Monthly: $644.67

Thoughts on deal? I know I should eliminate the Cap Reduction. How about sales price, etc? Is there any lease cash in March? Thanks!

.00135 MF and 61% residual is correct. There is a $1500 lease allowance

You are about 6% off MSRP before subtracting the lease cash. That's decent. Not sure if you have any more room or not. With the numbers given and $1500 CCR, I get $597/mo.+tax., which looks pretty close.

dm2007

Can you provide March residual and MF for 2016 328i xDrive Sports Wagon (36/12k)?

Michaell

dm2007 said:

Can you provide March residual and MF for 2016 328i xDrive Sports Wagon (36/12k)?

.00135 and 60%. $1500 lease credit.

jakesenior

Can you provide March residual and MF for 2016 328i xDrive sedan (36/10k)?

Also, is there any sort of markup on MF for European Delivery beyond base MF?

Michaell

jakesenior said:

Can you provide March residual and MF for 2016 328i xDrive sedan (36/10k)?

Also, is there any sort of markup on MF for European Delivery beyond base MF?

.00135 and 61%. $1500 lease credit.

I know the MF is adjusted for ED, but can't remember the actual figure.

kyfdx

jakesenior said:

Can you provide March residual and MF for 2016 328i xDrive sedan (36/10k)?

Also, is there any sort of markup on MF for European Delivery beyond base MF?

ED is .00030, more.

czcon1

Can you provide March residual and MF for 2016 328i xDrive sedan (36/15k)
Thanks

Michaell

czcon1 said:

Can you provide March residual and MF for 2016 328i xDrive sedan (36/15k)
Thanks

.00135 and 58%. $1500 lease credit.