2016 BMW 4-Series Lease Questions

1678911

Comments

  • MichaellMichaell Moderator Posts: 263,321
    jzaid84 said:

    Cold I have Resi and MF for 2016 428i Gran Coupe 36/10 and 36/12

    .00134 and 61% / 60%. $1500 option allowance.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • car_aholiccar_aholic Member Posts: 41
    Hello Guys,
    I got a 2-part question on a 2016 428i coupe; MSRP $48,570:
    1. Local dealer "demo" with about 8k miles; would this car qualify for new car lease rates (they say yes)?
    2. What would be the MF/Res for 36/10?

    They are offering a nice discount of $8600 but the numbers they gave me on a lease don't add up on my lease calculator - $405 + tax after 2,200 down pmt. + fees.

    Thanks!
  • MichaellMichaell Moderator Posts: 263,321

    Hello Guys,
    I got a 2-part question on a 2016 428i coupe; MSRP $48,570:
    1. Local dealer "demo" with about 8k miles; would this car qualify for new car lease rates (they say yes)?
    2. What would be the MF/Res for 36/10?

    They are offering a nice discount of $8600 but the numbers they gave me on a lease don't add up on my lease calculator - $405 + tax after 2,200 down pmt. + fees.

    Thanks!

    1. Yes
    2. .00134 and 61%. $1500 option allowance

    What is the selling price? What does the $2200 cover?

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • kyfdxkyfdx Moderator Posts: 267,077

    Hello Guys,
    I got a 2-part question on a 2016 428i coupe; MSRP $48,570:
    1. Local dealer "demo" with about 8k miles; would this car qualify for new car lease rates (they say yes)?
    2. What would be the MF/Res for 36/10?

    They are offering a nice discount of $8600 but the numbers they gave me on a lease don't add up on my lease calculator - $405 + tax after 2,200 down pmt. + fees.

    Thanks!

    You have to reduce the residual to account for the current mileage. 8000 miles reduces the residual by $2000.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • car_aholiccar_aholic Member Posts: 41
    Thank you kyfdx. So what's the current MF/Res for this model new?
  • car_aholiccar_aholic Member Posts: 41

    Thank you kyfdx. So what's the current MF/Res for this model new?

    Sorry, missed the previous response above, thanks again!
  • car_aholiccar_aholic Member Posts: 41
    Michaell said:

    Hello Guys,
    I got a 2-part question on a 2016 428i coupe; MSRP $48,570:
    1. Local dealer "demo" with about 8k miles; would this car qualify for new car lease rates (they say yes)?
    2. What would be the MF/Res for 36/10?

    They are offering a nice discount of $8600 but the numbers they gave me on a lease don't add up on my lease calculator - $405 + tax after 2,200 down pmt. + fees.

    Thanks!

    1. Yes
    2. .00134 and 61%. $1500 option allowance

    What is the selling price? What does the $2200 cover?
    Thanks Michaell. The selling price is $39,970 ($8600 discount), the $2200 is cap reduction + fees/1st pmt. total in is $4,000. Based on these rates and the reduction of 2,000 for mileage (per kyfdx above) I come up with $371 + tax payment, sounds right?
  • hardrock12hardrock12 Member Posts: 21
    Through employee discount I m getting $389 lease on 430i with msrp of 44795 and 3k downpayment with 925 dest charges. Company site also says $1500 for corp fleet incentive is applied. Does that sound good. Not sure what the MF and RV rates are. Tho it does say buyback amount after 36/10k is 27325 which I think comes down to about 60%.

    Advice? I am planning on negotiating the selling price down by about 6-7%. This is 2017 model
  • thomaskymnthomaskymn Member Posts: 14
    Hi, What is the MF and Residual for 15k/36 month? Also, what is a $1500 option ? lastly, what is a fleet discount that people are talking about and how do you get it? Thank you
  • MichaellMichaell Moderator Posts: 263,321

    Through employee discount I m getting $389 lease on 430i with msrp of 44795 and 3k downpayment with 925 dest charges. Company site also says $1500 for corp fleet incentive is applied. Does that sound good. Not sure what the MF and RV rates are. Tho it does say buyback amount after 36/10k is 27325 which I think comes down to about 60%.

    Advice? I am planning on negotiating the selling price down by about 6-7%. This is 2017 model

    The 2017 4-series discussion is here:

    http://forums.edmunds.com/discussion/42161/bmw/4-series/2017-bmw-4-series-lease-questions#latest

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 263,321

    Michaell said:

    Hello Guys,
    I got a 2-part question on a 2016 428i coupe; MSRP $48,570:
    1. Local dealer "demo" with about 8k miles; would this car qualify for new car lease rates (they say yes)?
    2. What would be the MF/Res for 36/10?

    They are offering a nice discount of $8600 but the numbers they gave me on a lease don't add up on my lease calculator - $405 + tax after 2,200 down pmt. + fees.

    Thanks!

    1. Yes
    2. .00134 and 61%. $1500 option allowance

    What is the selling price? What does the $2200 cover?
    Thanks Michaell. The selling price is $39,970 ($8600 discount), the $2200 is cap reduction + fees/1st pmt. total in is $4,000. Based on these rates and the reduction of 2,000 for mileage (per kyfdx above) I come up with $371 + tax payment, sounds right?
    How much is the cap reduction from the $2200?

    I get $381/mo plus tax with those numbers, before the $2000 for the mileage (another $56/mo) - so, $437/mo plus tax total. Before the cap reduction.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 263,321

    Hi, What is the MF and Residual for 15k/36 month? Also, what is a $1500 option ? lastly, what is a fleet discount that people are talking about and how do you get it? Thank you

    .00134 and 58%

    $1500 is an incentive used to reduce the cap cost - use the knowledge to make your best deal.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • thomaskymnthomaskymn Member Posts: 14
    To be specific, mine is for 2016.
  • MichaellMichaell Moderator Posts: 263,321

    To be specific, mine is for 2016.

    Yes, and the 2016 numbers are what I quoted you.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • thomaskymnthomaskymn Member Posts: 14
    Thank you!!
  • thomaskymnthomaskymn Member Posts: 14
    Oh and I'm sorry, but are the numbers the same throughout all of the 4 series? I'm looking for GC 428 specifically.
  • kyfdxkyfdx Moderator Posts: 267,077

    Oh and I'm sorry, but are the numbers the same throughout all of the 4 series? I'm looking for GC 428 specifically.

    Yes.. all 2016 4-Series numbers are the same.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • thomaskymnthomaskymn Member Posts: 14
    Thank you. What is the max MSDs (I heard 7) with BMW and how much does each lower? I heard .0001 so if the current is .00134, I should expect to hit .00064?

    Thank you in advance.
  • MichaellMichaell Moderator Posts: 263,321

    Thank you. What is the max MSDs (I heard 7) with BMW and how much does each lower? I heard .0001 so if the current is .00134, I should expect to hit .00064?

    Thank you in advance.

    7 @ .00007 each - total .00049, net MF of .00085 this month.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • thomaskymnthomaskymn Member Posts: 14
    Thank you for your answers so far. Last few questions:

    1. how much should I be looking at for Lease Acquisition Fee - I hear some dealers try to sneak extra profit in here.
    2. Title and Registration for CA
    3. Doc Fee - how much typically? - I hear same for this as for #1.

    Best,
  • kyfdxkyfdx Moderator Posts: 267,077

    Thank you for your answers so far. Last few questions:

    1. how much should I be looking at for Lease Acquisition Fee - I hear some dealers try to sneak extra profit in here.
    2. Title and Registration for CA
    3. Doc Fee - how much typically? - I hear same for this as for #1.

    Best,

    1) BMWFS no longer allows markups to the acq.fee. However, the fee is now $925
    2) 1.1% of MSRP is a good rule of thumb.
    3) Restricted by the state to $80 max (which everyone charges in CA)

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • wco81wco81 Member Posts: 594
    kyfdx said:

    Thank you for your answers so far. Last few questions:

    1. how much should I be looking at for Lease Acquisition Fee - I hear some dealers try to sneak extra profit in here.
    2. Title and Registration for CA
    3. Doc Fee - how much typically? - I hear same for this as for #1.

    Best,

    1) BMWFS no longer allows markups to the acq.fee. However, the fee is now $925
    2) 1.1% of MSRP is a good rule of thumb.
    3) Restricted by the state to $80 max (which everyone charges in CA)

    On #2, it's 1.1% of the MSRP even if the selling prices is discounted from the MSRP?
  • kyfdxkyfdx Moderator Posts: 267,077
    wco81 said:

    kyfdx said:

    Thank you for your answers so far. Last few questions:

    1. how much should I be looking at for Lease Acquisition Fee - I hear some dealers try to sneak extra profit in here.
    2. Title and Registration for CA
    3. Doc Fee - how much typically? - I hear same for this as for #1.

    Best,

    1) BMWFS no longer allows markups to the acq.fee. However, the fee is now $925
    2) 1.1% of MSRP is a good rule of thumb.
    3) Restricted by the state to $80 max (which everyone charges in CA)

    On #2, it's 1.1% of the MSRP even if the selling prices is discounted from the MSRP?
    It's just a rule of thumb... .it's not exact. Check with your local DMV.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • josweajoswea Member Posts: 4
    edited December 2016
    Can you help me evaluate this lease on a used 2016 BMW 428i Coupe Coupe with 11,995 miles? Located in San Diego, CA.

    MSRP: 42,988
    Cap cost: $39,738
    MF .00174
    RV: $24,277

    Final down payment and monthly payment for a 12k miles a year/36 months.

    $3,500 down, $504\month out the door.

    Feels like it's marked up quite a lot?

    Thanks!
  • MichaellMichaell Moderator Posts: 263,321
    joswea said:

    Can you help me evaluate this lease on a used 2016 BMW 428i Coupe Coupe with 11,995 miles? Located in San Diego, CA.

    MSRP: 42,988
    Cap cost: $39,738
    MF .00174
    RV: $24,277

    Final down payment and monthly payment for a 12k miles a year/36 months.

    $3,500 down, $504\month out the door.

    Feels like it's marked up quite a lot?

    Thanks!

    We don't have any information on the BMW CPO lease program.

    However, the base MF for new car leases is .00134 this month; not sure if that's true for CPO leases, but if it is, your MF has been marked up.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • johnrambojedijohnrambojedi Member Posts: 7
    Hi! I'm interested in a 428i I found. I found one that is a 2015 and brand new. Would these rates apply to a 2015 that is new as well?
  • kyfdxkyfdx Moderator Posts: 267,077

    Hi! I'm interested in a 428i I found. I found one that is a 2015 and brand new. Would these rates apply to a 2015 that is new as well?

    No lease program for the 2015 model. Why would they still have a 2015 on the lot?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • car_aholiccar_aholic Member Posts: 41
    Can you post numbers for a 435i coupe 36 mo. @ 7,500 mi./yr?
  • MichaellMichaell Moderator Posts: 263,321

    Can you post numbers for a 435i coupe 36 mo. @ 7,500 mi./yr?

    BMW does not offer a 7500 mile allowance on the 4-series.

    .00134 and 61% for 36/10

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • slolankanslolankan Member Posts: 263
    Hello,

    Can you please provide RV/MF for 2016 4-series for 24 month 10k, 12k, 15k miles and 36 months 15k?

    Thanks!

  • MichaellMichaell Moderator Posts: 263,321
    slolankan said:

    Hello,

    Can you please provide RV/MF for 2016 4-series for 24 month 10k, 12k, 15k miles and 36 months 15k?

    Thanks!

    .00134 and 64% (24/15) or 58% (36/15). $1500 option allowance

    Add 2% for 12K or 3% for 10K

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • hardrock12hardrock12 Member Posts: 21
    edited December 2016
    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.
  • kyfdxkyfdx Moderator Posts: 267,077

    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.

    The advertised 2016 428i coupe has an MSRP of $42,845.
    If you are looking at one with an MSRP of $53,270, then that's 24% higher.
    So, no, you won't be anywhere close to $389/mo.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • hardrock12hardrock12 Member Posts: 21
    kyfdx said:

    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.

    The advertised 2016 428i coupe has an MSRP of $42,845.
    If you are looking at one with an MSRP of $53,270, then that's 24% higher.
    So, no, you won't be anywhere close to $389/mo.
    Makes sense. So typically what should I start negotiating with. As per the previous discussions I see somewhere around 7 % sounds good for new BMW. Given its a year older 2016..does 10 or so sound reasonable?
  • MichaellMichaell Moderator Posts: 263,321

    kyfdx said:

    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.

    The advertised 2016 428i coupe has an MSRP of $42,845.
    If you are looking at one with an MSRP of $53,270, then that's 24% higher.
    So, no, you won't be anywhere close to $389/mo.
    Makes sense. So typically what should I start negotiating with. As per the previous discussions I see somewhere around 7 % sounds good for new BMW. Given its a year older 2016..does 10 or so sound reasonable?
    Anything above 7% on a BMW is a good price. Can't really tell you how much above 7% is possible.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • hardrock12hardrock12 Member Posts: 21
    Michaell said:

    kyfdx said:

    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.

    The advertised 2016 428i coupe has an MSRP of $42,845.
    If you are looking at one with an MSRP of $53,270, then that's 24% higher.
    So, no, you won't be anywhere close to $389/mo.
    Makes sense. So typically what should I start negotiating with. As per the previous discussions I see somewhere around 7 % sounds good for new BMW. Given its a year older 2016..does 10 or so sound reasonable?
    Anything above 7% on a BMW is a good price. Can't really tell you how much above 7% is possible.
    Thanks that helps! Appreciate it. One final question.

    They have one of the cars listed abotu $20 below 7% off the MSRP. MSRP is 53270 and sale price 49285. I am assuming this means, 49285 is the starting price and another 3-4% from there is a good bet. Thoughts?
  • MichaellMichaell Moderator Posts: 263,321

    Michaell said:

    kyfdx said:

    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.

    The advertised 2016 428i coupe has an MSRP of $42,845.
    If you are looking at one with an MSRP of $53,270, then that's 24% higher.
    So, no, you won't be anywhere close to $389/mo.
    Makes sense. So typically what should I start negotiating with. As per the previous discussions I see somewhere around 7 % sounds good for new BMW. Given its a year older 2016..does 10 or so sound reasonable?
    Anything above 7% on a BMW is a good price. Can't really tell you how much above 7% is possible.
    Thanks that helps! Appreciate it. One final question.

    They have one of the cars listed abotu $20 below 7% off the MSRP. MSRP is 53270 and sale price 49285. I am assuming this means, 49285 is the starting price and another 3-4% from there is a good bet. Thoughts?
    I've never shopped in that price range so I'm not sure how low the dealer will go. Can't hurt to ask for that extra few percent off and see how the dealer responds. End of the year is rapidly approaching so if the dealer needs that one extra sale to meet a volume bonus, you could benefit from that.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • hardrock12hardrock12 Member Posts: 21
    edited December 2016
    Michaell said:

    Michaell said:

    kyfdx said:

    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.

    The advertised 2016 428i coupe has an MSRP of $42,845.
    If you are looking at one with an MSRP of $53,270, then that's 24% higher.
    So, no, you won't be anywhere close to $389/mo.
    Makes sense. So typically what should I start negotiating with. As per the previous discussions I see somewhere around 7 % sounds good for new BMW. Given its a year older 2016..does 10 or so sound reasonable?
    Anything above 7% on a BMW is a good price. Can't really tell you how much above 7% is possible.
    Thanks that helps! Appreciate it. One final question.

    They have one of the cars listed abotu $20 below 7% off the MSRP. MSRP is 53270 and sale price 49285. I am assuming this means, 49285 is the starting price and another 3-4% from there is a good bet. Thoughts?
    I've never shopped in that price range so I'm not sure how low the dealer will go. Can't hurt to ask for that extra few percent off and see how the dealer responds. End of the year is rapidly approaching so if the dealer needs that one extra sale to meet a volume bonus, you could benefit from that.
    Highly appreciate it.

    With Corporate fleet program there's extra $1500 and 0.0002 MF reduction right? and any more price reductions with corp fleet? I thought I read the price is reduced 4%.

    so far I see
    2500 (bmw incentive)
    1500 ( corp)
    0.0007@7 MSDs
    + any negotiated price reduction.
  • MichaellMichaell Moderator Posts: 263,321

    Michaell said:

    Michaell said:

    kyfdx said:

    Leasing for the first time so a bit confused. On bmw they advertise for eg for 428 .. as 389/month with 4750 down. But on the dealer site, I see mostly inventory priced at around 53k. I got a quote for one of them and has a 61% and 0.00144 as the MF. Even if they provide me with 0.00134 as quoted here and I bring down the price by another couple of thousands. It will still not come close to 389. For eg
    For 45k final price (with 6-7% off sticker after negotiation(ie 53270) - 1500 incentive - 3000 downpayment) + 61% RV and 0.00134MF the monthly payment is about 474. No where close to $389

    Is there something I am missing here, or is that how it normally works? ie there;s no real way to get he advertized lease price unless they have exact same base model at the exact same price quoted in fine print?

    PS: MSRP: 53270, asking price 49285 for 2016 428xdrive GC.
    Also they have a doc fee of $250 + $195 prepaid finance charges.. Not sure what these are.

    The advertised 2016 428i coupe has an MSRP of $42,845.
    If you are looking at one with an MSRP of $53,270, then that's 24% higher.
    So, no, you won't be anywhere close to $389/mo.
    Makes sense. So typically what should I start negotiating with. As per the previous discussions I see somewhere around 7 % sounds good for new BMW. Given its a year older 2016..does 10 or so sound reasonable?
    Anything above 7% on a BMW is a good price. Can't really tell you how much above 7% is possible.
    Thanks that helps! Appreciate it. One final question.

    They have one of the cars listed abotu $20 below 7% off the MSRP. MSRP is 53270 and sale price 49285. I am assuming this means, 49285 is the starting price and another 3-4% from there is a good bet. Thoughts?
    I've never shopped in that price range so I'm not sure how low the dealer will go. Can't hurt to ask for that extra few percent off and see how the dealer responds. End of the year is rapidly approaching so if the dealer needs that one extra sale to meet a volume bonus, you could benefit from that.
    Highly appreciate it.

    With Corporate fleet program there's extra $1500 and 0.0002 MF reduction right? and any more price reductions with corp fleet? I thought I read the price is reduced 4%.

    so far I see
    2500 (bmw incentive)
    1500 ( corp)
    0.0007@7 MSDs
    + any negotiated price reduction.
    I only see the $1500 option allowance on the 2016 4-series.

    No information on other incentives, or whether they will stack.

    I think the $1500 corporate discount and .00020 reduction in the base MF is correct, based on what others have posted.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • hardrock12hardrock12 Member Posts: 21
    thanks
  • udm_777udm_777 Member Posts: 45
    Hi, do you have January lease MF/Res for a 2016 435i RWD, 10k x 36 months?
    Thank you very much.
  • kyfdxkyfdx Moderator Posts: 267,077
    udm_777 said:

    Hi, do you have January lease MF/Res for a 2016 435i RWD, 10k x 36 months?
    Thank you very much.

    .00134 MF and 59% residual
    $1500 option allowance.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • anh3anh3 Member Posts: 75
    kyfdx said:

    udm_777 said:

    Hi, do you have January lease MF/Res for a 2016 435i RWD, 10k x 36 months?
    Thank you very much.

    .00134 MF and 59% residual
    $1500 option allowance.
    56% residual for 36/15k, 2016 435i?
  • MichaellMichaell Moderator Posts: 263,321
    anh3 said:

    kyfdx said:

    udm_777 said:

    Hi, do you have January lease MF/Res for a 2016 435i RWD, 10k x 36 months?
    Thank you very much.

    .00134 MF and 59% residual
    $1500 option allowance.
    56% residual for 36/15k, 2016 435i?
    That is correct. $1500 option allowance.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • naderade303naderade303 Member Posts: 41
    Numbers on a 2016 BMW 428i X drive 4 door. 

    36/10

    zip 80241

    please and thanks 
  • MichaellMichaell Moderator Posts: 263,321

    Numbers on a 2016 BMW 428i X drive 4 door. 

    36/10

    zip 80241

    please and thanks 

    .00134 and 59%. $1500 option allowance.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • naderade303naderade303 Member Posts: 41
    edited January 2017
    Thanks for the numbers. What is an option allowance if I may ask?! How do I apply it?

    here is the car I'm looking at 

    MSRP $53,845
    Sale Price $44,495

    Looking to do 36/10. If my calculations are correct it's about 480 with 7 MSD. Does this sound about right? Would I be able to include the option allowance or however that works? 
  • MichaellMichaell Moderator Posts: 263,321

    Thanks for the numbers. What is an option allowance if I may ask?! How do I apply it 

    Negotiate your best price, then deduct the $1500 from that number.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • micevansmicevans Member Posts: 6
    Hello, I would like to have my own BMW 4-Series, do you have any good deal at this time?
  • PF_FlyerPF_Flyer Member Posts: 9,372
    If you recently sold or traded in a BMW for a Mercedes, Jaguar, Volvo, Audi or Cadillac vehicle, a reporter would be interested in speaking with you about your experience. Please send a note to PR@Edmunds.com no later than 5 p.m. EST on Tuesday, Jan. 31, 2017. Thanks!
Sign In or Register to comment.