2016 BMW 5-Series Lease Questions

Michaell · November 2016

shailen6 said:

Michaell said:

shailen6 said:
Hello Michaell,

How does this look?

2016 BMW 535i with M Sport (Demo)

MSRP: $64,270
Mileage 2,300
Sale Price: $52,101
Residual: 10K option (63%) = $40,050 (after taking mileage discount out)
Cap Cost Reduction: $0
GA ad valorem taxes: $3,829
Dealer Fee + Tag/Title: $786
Acquisition Fee: $925
Total Cap Cost: $57,641
MF (after max. MSDs): 0.00105 (I tried to go for 0.00087 but they wouldn't budge; they instead lowered the selling price.)

Monthly payment: $591.20

Had a 2007 BMW 530i to trade which I used to pay the $3,850 for 7 MSDs + $591.20 first month payment, so $0 out of pocket.

Thanks,

SS
The math is correct.

Ask the dealer how much the selling price would go up to get the base MF? We can run the numbers and tell you which way to go.

They said it'd go up to $54,300. When I pushed, they got the taxes down a bit such that my monthly dropped to $576 and 7 MSDs at $3,500. The $350 delta between old and new MSDs went to cap cost reduction. Got $1,000 graduation credit as well.

$0 out of pocket today. Used the trade to pay for $3,500 MSDs + $576 first month payment + $350 cap cost reduction.

Good deal?

The higher MF actually results in a lower payment.

Looks like a great payment for a $64K BMW, especially given the tax situation in GA.

shailen6 · November 2016

Michaell said:

shailen6 said:

Michaell said:

shailen6 said:
Hello Michaell,

How does this look?

2016 BMW 535i with M Sport (Demo)

MSRP: $64,270
Mileage 2,300
Sale Price: $52,101
Residual: 10K option (63%) = $40,050 (after taking mileage discount out)
Cap Cost Reduction: $0
GA ad valorem taxes: $3,829
Dealer Fee + Tag/Title: $786
Acquisition Fee: $925
Total Cap Cost: $57,641
MF (after max. MSDs): 0.00105 (I tried to go for 0.00087 but they wouldn't budge; they instead lowered the selling price.)

Monthly payment: $591.20

Had a 2007 BMW 530i to trade which I used to pay the $3,850 for 7 MSDs + $591.20 first month payment, so $0 out of pocket.

Thanks,

SS
The math is correct.

Ask the dealer how much the selling price would go up to get the base MF? We can run the numbers and tell you which way to go.

They said it'd go up to $54,300. When I pushed, they got the taxes down a bit such that my monthly dropped to $576 and 7 MSDs at $3,500. The $350 delta between old and new MSDs went to cap cost reduction. Got $1,000 graduation credit as well.

$0 out of pocket today. Used the trade to pay for $3,500 MSDs + $576 first month payment + $350 cap cost reduction.

Good deal?

The higher MF actually results in a lower payment.

Looks like a great payment for a $64K BMW, especially given the tax situation in GA.

Thanks Michaell. Appreciate all the help that you and this forum provides! Day 1 with car and loving every bit of it. :-)

Michaell · November 2016

shailen6 said:

Michaell said:

shailen6 said:

Michaell said:

shailen6 said:
Hello Michaell,

How does this look?

2016 BMW 535i with M Sport (Demo)

MSRP: $64,270
Mileage 2,300
Sale Price: $52,101
Residual: 10K option (63%) = $40,050 (after taking mileage discount out)
Cap Cost Reduction: $0
GA ad valorem taxes: $3,829
Dealer Fee + Tag/Title: $786
Acquisition Fee: $925
Total Cap Cost: $57,641
MF (after max. MSDs): 0.00105 (I tried to go for 0.00087 but they wouldn't budge; they instead lowered the selling price.)

Monthly payment: $591.20

Had a 2007 BMW 530i to trade which I used to pay the $3,850 for 7 MSDs + $591.20 first month payment, so $0 out of pocket.

Thanks,

SS
The math is correct.

Ask the dealer how much the selling price would go up to get the base MF? We can run the numbers and tell you which way to go.

They said it'd go up to $54,300. When I pushed, they got the taxes down a bit such that my monthly dropped to $576 and 7 MSDs at $3,500. The $350 delta between old and new MSDs went to cap cost reduction. Got $1,000 graduation credit as well.

$0 out of pocket today. Used the trade to pay for $3,500 MSDs + $576 first month payment + $350 cap cost reduction.

Good deal?
The higher MF actually results in a lower payment.

Looks like a great payment for a $64K BMW, especially given the tax situation in GA.

Thanks Michaell. Appreciate all the help that you and this forum provides! Day 1 with car and loving every bit of it. :-)

Congrats! The nice thing is that you'll get the MSD monies back at the end of the lease.

drmike101 · November 2016

Michaell said:
Using
drmike101 said:

Michaell said:

Michaell said:

Thank you Michael, this is an offer which I got from a dealer in California.
thank you for your recommendation of skipping the down payment. Will go back and ask that,any recommendation of the range of lease price with out down payment?
Keep us posted.

Hi Micheal, here is an updated offer with retails for $67,595, selling price is 60,595.The minimum out of pocket you would need to be $2,235, which would put monthly payment at $764.41. Let me know your thoughts

How many miles per year?

What is the breakdown of the $2235?

12,000 miles/ year. The minimum due at lease signing covers your first months payment and fees (Gov fees and Acq fee). So $28,989 total out of pocket expense for the lease.

Using those prices, along with the base MF of .00134 and the 36/12 residual of 62%, I get $656/mo before tax. Assuming a tax rate of 9%, the payment is $715/mo.

Ask to confirm the adjusted cap cost - if different from the selling price, find out what's been added. Alternatively, the dealer could be marking up the MF for extra profit.

Hi Michael,
Here is another offer. I am not corporate fleet discount is included. Not sure

MSRP: $67,170.00

Discount $5,702.00

Selling: $61,486.00

$2,399 drive off

36 months / 12k

$691 + tax

Money Factor: .00134

Redidual amount: $41,645.00

Michaell · November 2016

drmike101 said:

Michaell said:
Using
drmike101 said:

Michaell said:

Michaell said:

Thank you Michael, this is an offer which I got from a dealer in California.
thank you for your recommendation of skipping the down payment. Will go back and ask that,any recommendation of the range of lease price with out down payment?
Keep us posted.

Hi Micheal, here is an updated offer with retails for $67,595, selling price is 60,595.The minimum out of pocket you would need to be $2,235, which would put monthly payment at $764.41. Let me know your thoughts
How many miles per year?

What is the breakdown of the $2235?

12,000 miles/ year. The minimum due at lease signing covers your first months payment and fees (Gov fees and Acq fee). So $28,989 total out of pocket expense for the lease.

Using those prices, along with the base MF of .00134 and the 36/12 residual of 62%, I get $656/mo before tax. Assuming a tax rate of 9%, the payment is $715/mo.

Ask to confirm the adjusted cap cost - if different from the selling price, find out what's been added. Alternatively, the dealer could be marking up the MF for extra profit.

Hi Michael,
Here is another offer. I am not corporate fleet discount is included. Not sure

MSRP: $67,170.00

Discount $5,702.00

Selling: $61,486.00

$2,399 drive off

36 months / 12k

$691 + tax

Money Factor: .00134

Redidual amount: $41,645.00

I get $689/mo plus tax with that offer. Closer to the dealer quote this time.

drmike101 · November 2016

Hi Micheal,
Last round of lease offers.
Car1
MSRP: $67,0170
Selling Price:$60,170.00
MF : 0.00134
Residual value : 62%
Customer Cash (includes first month)=$2296.69
Monthly :$652+tax= $708
Total payments at the end of 36 months: 27,076$ (My math)

Car 2
Vehicle P rice: $69,070.00
Selling Price:$61,861.00
Sales Tax (estimate): +$5,887.16
Weight Fee:+$80.00
Tag/Registration Fees (estimate): + $473.00
Flat Add/County Fee: + $20.00
Electronic Filing: + $29.00
Smog Abatement Fee: + $20.00
Documentation Fee: + $80.00
Balance Due (estimate): $68,450.16

Drive off (includes first month): $1479, Monthly $763
Total payments at the end of 36 months based on my math : 28,184$

Let me know what you think about the deals?

Michaell · November 2016

drmike101 said:
Hi Micheal,
Last round of lease offers.
Car1
MSRP: $67,0170
Selling Price:$60,170.00
MF : 0.00134
Residual value : 62%
Customer Cash (includes first month)=$2296.69
Monthly :$652+tax= $708
Total payments at the end of 36 months: 27,076$ (My math)

Car 2
Vehicle P rice: $69,070.00
Selling Price:$61,861.00
Sales Tax (estimate): +$5,887.16
Weight Fee:+$80.00
Tag/Registration Fees (estimate): + $473.00
Flat Add/County Fee: + $20.00
Electronic Filing: + $29.00
Smog Abatement Fee: + $20.00
Documentation Fee: + $80.00
Balance Due (estimate): $68,450.16

Drive off (includes first month): $1479, Monthly $763
Total payments at the end of 36 months based on my math : 28,184$

Let me know what you think about the deals?

Deal 1 looks good, if you're comfortable with the selling price.

Is deal 2 a purchase?

drmike101 · November 2016

Michaell said:

Hi Micheal, Last round of lease offers. Car1 MSRP: $67,0170 Selling Price:$60,170.00 MF : 0.00134 Residual value : 62% Customer Cash (includes first month)=$2296.69 Monthly :$652+tax= $708 Total payments at the end of 36 months: 27,076$ (My math) Car 2 Vehicle P rice: $69,070.00 Selling Price:$61,861.00 Sales Tax (estimate): +$5,887.16 Weight Fee:+$80.00 Tag/Registration Fees (estimate): + $473.00 Flat Add/County Fee: + $20.00 Electronic Filing: + $29.00 Smog Abatement Fee: + $20.00 Documentation Fee: + $80.00 Balance Due (estimate): $68,450.16 Drive off (includes first month): $1479, Monthly $763 Total payments at the end of 36 months based on my math : 28,184$ Let me know what you think about the deals?
Deal 1 looks good, if you're comfortable with the selling price. Is deal 2 a purchase?

Hi Micheal, Both of them are lease offers. All the California dealer don't what to reduce it any more than 7000-8000 MSRP.
Does the math add up for both. For the second option I accidentally put the purchase option breakdown to get the MSRP and selling price

jiholl1621 · November 2016

Hi...can you please tell me the Nov Money factor and Residual for a 2016 535 xdrive 36/15k. Also, list is $68,000...what would you consider a fair discount given leftover and change to new platform soon? Is there any dealer cash or incentive? I have the loyalty $1000 and the fleet of $1500 of a car. Thanks! Im in NJ.

drmike101 · November 2016

Michaell said:

Hi Micheal, Last round of lease offers. Car1 MSRP: $67,0170 Selling Price:$60,170.00 MF : 0.00134 Residual value : 62% Customer Cash (includes first month)=$2296.69 Monthly :$652+tax= $708 Total payments at the end of 36 months: 27,076$ (My math) Car 2 Vehicle P rice: $69,070.00 Selling Price:$61,861.00 Sales Tax (estimate): +$5,887.16 Weight Fee:+$80.00 Tag/Registration Fees (estimate): + $473.00 Flat Add/County Fee: + $20.00 Electronic Filing: + $29.00 Smog Abatement Fee: + $20.00 Documentation Fee: + $80.00 Balance Due (estimate): $68,450.16 Drive off (includes first month): $1479, Monthly $763 Total payments at the end of 36 months based on my math : 28,184$ Let me know what you think about the deals?
Deal 1 looks good, if you're comfortable with the selling price. Is deal 2 a purchase?

Hi Micheal, Both of them are lease offers. All the California dealer don't what to reduce it any more than 7000-8000 MSRP.
Does the math add up for both the offers?

kyfdx · November 2016

jiholl1621 said:
Hi...can you please tell me the Nov Money factor and Residual for a 2016 535 xdrive 36/15k. Also, list is $68,000...what would you consider a fair discount given leftover and change to new platform soon? Is there any dealer cash or incentive? I have the loyalty $1000 and the fleet of $1500 of a car. Thanks! Im in NJ.

.00134 MF and 60% residual

I'd shoot for 10% off, then subtract the incentives.

Michaell · November 2016

drmike101 said:

Michaell said:

drmike101 said:
Hi Micheal,
Last round of lease offers.
Car1
MSRP: $67,0170
Selling Price:$60,170.00
MF : 0.00134
Residual value : 62%
Customer Cash (includes first month)=$2296.69
Monthly :$652+tax= $708
Total payments at the end of 36 months: 27,076$ (My math)

Car 2
Vehicle P rice: $69,070.00
Selling Price:$61,861.00
Sales Tax (estimate): +$5,887.16
Weight Fee:+$80.00
Tag/Registration Fees (estimate): + $473.00
Flat Add/County Fee: + $20.00
Electronic Filing: + $29.00
Smog Abatement Fee: + $20.00
Documentation Fee: + $80.00
Balance Due (estimate): $68,450.16

Drive off (includes first month): $1479, Monthly $763
Total payments at the end of 36 months based on my math : 28,184$

Let me know what you think about the deals?
Deal 1 looks good, if you're comfortable with the selling price.

Is deal 2 a purchase?

Michaell said:

drmike101 said:
Hi Micheal,
Last round of lease offers.
Car1
MSRP: $67,0170
Selling Price:$60,170.00
MF : 0.00134
Residual value : 62%
Customer Cash (includes first month)=$2296.69
Monthly :$652+tax= $708
Total payments at the end of 36 months: 27,076$ (My math)

Car 2
Vehicle P rice: $69,070.00
Selling Price:$61,861.00
Sales Tax (estimate): +$5,887.16
Weight Fee:+$80.00
Tag/Registration Fees (estimate): + $473.00
Flat Add/County Fee: + $20.00
Electronic Filing: + $29.00
Smog Abatement Fee: + $20.00
Documentation Fee: + $80.00
Balance Due (estimate): $68,450.16

Drive off (includes first month): $1479, Monthly $763
Total payments at the end of 36 months based on my math : 28,184$

Let me know what you think about the deals?
Deal 1 looks good, if you're comfortable with the selling price.

Is deal 2 a purchase?

Hi Micheal, Both of them are lease offers. All the California dealer don't what to reduce it any more than 7000-8000 MSRP.
Does the math add up for both the offers?

CA taxes the monthly payment, so the tax amount for deal 2 is incorrect.

I agree with the math on deal 1

drmike101 · November 2016

Hi Michael,
Thank you for confirming the 1st lease $$ looks correct. We keep going to the second car dealer as they have the car we want , as you mentioned in the earlier post the second deals $$ don't look right. Can you please confirm for 61,861 selling after 7,200 discount with MF 0.00134 and residual value of 62% what should be the lease for 36 months/12,000 miles for zip 94506 ?

Michaell · November 2016

drmike101 said:
Hi Michael,
Thank you for confirming the 1st lease $$ looks correct. We keep going to the second car dealer as they have the car we want , as you mentioned in the earlier post the second deals $$ don't look right. Can you please confirm for 61,861 selling after 7,200 discount with MF 0.00134 and residual value of 62% what should be the lease for 36 months/12,000 miles for zip 94506 ?

Those numbers result in a payment of $578/mo before tax.

gr8nrg · November 2016

Looking for a feedback on the deals I got. What do you think?

Deal 1: 2016 535i

36 months / 15k
MSRP: 65,320
Sale Price: 59,770 (1323 below invoice)
Acuisition Fee: 925
Lease Protection: 1495
Cap Cost Reduction: 2438
Loyalty credit: 1000
True Drive-off: 2950 (8200 paid - 5250 in 7MSDs)
Adjusted Cap Cost: 59,751
Money Factor: 0.00085 (base 0.00134 + 7 MSDs)
Residual Value: 39192
Monthly (with tax incl): $708

Deal 2: 2016 328i

36 months / 12k
MSRP: 50,665
Sale Price: 45,665 (1823 below invoice)
Acuisition Fee: 925
Lease Protection: 1495
Cap Cost Reduction: 2392
Loyalty credit: 1000
True Drive-off: 2600 (7100 paid - 3500 in 7MSDs)
Adjusted Cap Cost: 45,693
Money Factor: 0.00085 (base 0.00134 + 7 MSDs)
Residual Value: 31,412
Monthly (with tax incl): $499

Michaell · November 2016

gr8nrg said:
Looking for a feedback on the deals I got. What do you think?

Deal 1: 2016 535i

36 months / 15k
MSRP: 65,320
Sale Price: 59,770 (1323 below invoice)
Acuisition Fee: 925
Lease Protection: 1495
Cap Cost Reduction: 2438
Loyalty credit: 1000
True Drive-off: 2950 (8200 paid - 5250 in 7MSDs)
Adjusted Cap Cost: 59,751
Money Factor: 0.00085 (base 0.00134 + 7 MSDs)
Residual Value: 39192
Monthly (with tax incl): $708

Deal 2: 2016 328i

36 months / 12k
MSRP: 50,665
Sale Price: 45,665 (1823 below invoice)
Acuisition Fee: 925
Lease Protection: 1495
Cap Cost Reduction: 2392
Loyalty credit: 1000
True Drive-off: 2600 (7100 paid - 3500 in 7MSDs)
Adjusted Cap Cost: 45,693
Money Factor: 0.00085 (base 0.00134 + 7 MSDs)
Residual Value: 31,412
Monthly (with tax incl): $499

For the 5-series, I get $656/mo plus tax; for the 3-series, $461/mo plus tax.

Payments looks to be correct.

Congrats and enjoy!

gr8nrg · November 2016

That's correct, but how would you rate those deals? Bad, good, excellent? Thanks in advance

danman987 · November 2016

is this a good deal for a 2016 535i msport package, should i go ahead and get the lease?

Comes with

driver assistance package
premium package
Heated Front Seats
Harman Kardon Surround Sound System
Soft-Close Automatic Doors

mineral grey
black interior
black kidney grille

1800 drive off
600/m tax included
66,320 MSRP

Michaell · November 2016

gr8nrg said:
That's correct, but how would you rate those deals? Bad, good, excellent? Thanks in advance

I'd say they are better than average.

Michaell · November 2016

danman987 said:
is this a good deal for a 2016 535i msport package, should i go ahead and get the lease?

Comes with

driver assistance package
premium package
Heated Front Seats
Harman Kardon Surround Sound System
Soft-Close Automatic Doors

mineral grey
black interior
black kidney grille

1800 drive off
600/m tax included
66,320 MSRP

What is the selling price?

What state and tax rate?

What lease term and how many miles per year?

danman987 · November 2016

Michaell said:

danman987 said:
is this a good deal for a 2016 535i msport package, should i go ahead and get the lease?

Comes with

driver assistance package
premium package
Heated Front Seats
Harman Kardon Surround Sound System
Soft-Close Automatic Doors

mineral grey
black interior
black kidney grille

1800 drive off
600/m tax included
66,320 MSRP
What is the selling price?

What state and tax rate?

What lease term and how many miles per year?

its a 36 month lease, 10k miles a year, state of california. MSRP is $66,320

Michaell · November 2016

danman987 said:

Michaell said:

danman987 said:
is this a good deal for a 2016 535i msport package, should i go ahead and get the lease?

Comes with

driver assistance package
premium package
Heated Front Seats
Harman Kardon Surround Sound System
Soft-Close Automatic Doors

mineral grey
black interior
black kidney grille

1800 drive off
600/m tax included
66,320 MSRP
What is the selling price?

What state and tax rate?

What lease term and how many miles per year?
its a 36 month lease, 10k miles a year, state of california. MSRP is $66,320

You didn't negotiate any discount from sticker?

.00134 and 63% for 36/10

danman987 · November 2016

Michaell said:

danman987 said:

Michaell said:

danman987 said:
is this a good deal for a 2016 535i msport package, should i go ahead and get the lease?

Comes with

driver assistance package
premium package
Heated Front Seats
Harman Kardon Surround Sound System
Soft-Close Automatic Doors

mineral grey
black interior
black kidney grille

1800 drive off
600/m tax included
66,320 MSRP
What is the selling price?

What state and tax rate?

What lease term and how many miles per year?
its a 36 month lease, 10k miles a year, state of california. MSRP is $66,320
You didn't negotiate any discount from sticker?

.00134 and 63% for 36/10

Well now theyre sayingthey dont want to do the deal because they want 1200 more and that the deal is a loser for them

For future reference. what information do i need in order to know if im getting a great deal on a car? what information do i need to ask them in order to get the numbers and calculations i need?

Michaell · November 2016

danman987 said:

Michaell said:

danman987 said:

Michaell said:

danman987 said:
is this a good deal for a 2016 535i msport package, should i go ahead and get the lease?

Comes with

driver assistance package
premium package
Heated Front Seats
Harman Kardon Surround Sound System
Soft-Close Automatic Doors

mineral grey
black interior
black kidney grille

1800 drive off
600/m tax included
66,320 MSRP
What is the selling price?

What state and tax rate?

What lease term and how many miles per year?
its a 36 month lease, 10k miles a year, state of california. MSRP is $66,320
You didn't negotiate any discount from sticker?

.00134 and 63% for 36/10
Well now theyre sayingthey dont want to do the deal because they want 1200 more and that the deal is a loser for them

For future reference. what information do i need in order to know if im getting a great deal on a car? what information do i need to ask them in order to get the numbers and calculations i need?

The two variables in a lease are the MF and the cap cost.

cad4me · November 2016

Hello,
Can you please provide the residual and MF for following?
2016 BMW 535i xDrive Sedan
10,000 miles
24 month & 36 month
New Jersey

kyfdx · November 2016

cad4me said:
Hello,
Can you please provide the residual and MF for following?
2016 BMW 535i xDrive Sedan
10,000 miles
24 month & 36 month
New Jersey

.00134 MF and 69%/60% residual

cad4me · November 2016

How about for 2016 BMW 528I xDrive residual and MF?
10,000 miles
24 & 36 months
New Jersey

Michaell · November 2016

cad4me said:
How about for 2016 BMW 528I xDrive residual and MF?
10,000 miles
24 & 36 months
New Jersey

Same numbers for all 5-series.

cad4me · November 2016

Hello,
Do you know the residual deductions on loaner/program cars for 528/535 i xDrive?
For example: 15 cents any mileage after 3000 miles, etc.
Thank you & happy holidays

kyfdx · November 2016

cad4me said:
Hello,
Do you know the residual deductions on loaner/program cars for 528/535 i xDrive?
For example: 15 cents any mileage after 3000 miles, etc.
Thank you & happy holidays

$0.25/mi. for all miles.

slacker101 · November 2016

What do you think about this for Florida?
2016 528i Demo with about 5,000 miles.
Premium package, luxury line, heads up display, multi contour seats, heated seats, smart phone integration, glacier silver. MSRP 60K, sale price... $47,895.
Payment $2K down - @ 12,000 miles year which includes doc fee, first month, registration, etc. Payment is $470.00. Money factor is marked is marked up a bit.

Michaell · November 2016

slacker101 said:
What do you think about this for Florida?
2016 528i Demo with about 5,000 miles.
Premium package, luxury line, heads up display, multi contour seats, heated seats, smart phone integration, glacier silver. MSRP 60K, sale price... $47,895.
Payment $2K down - @ 12,000 miles year which includes doc fee, first month, registration, etc. Payment is $470.00. Money factor is marked is marked up a bit.

.00134 and 62%, before adjusting for the miles.

Before adjustment, I get $411/mo before tax, using the base MF.

$1250 for the miles adds about $34/mo, so $445/mo before tax.

6% tax takes the payment to approximately $470.

Looks like a solid deal.

willwar14 · November 2016

kyfdx said:

cad4me said:
Hello,
Can you please provide the residual and MF for following?
2016 BMW 535i xDrive Sedan
10,000 miles
24 month & 36 month
New Jersey
.00134 MF and 69%/60% residual

is this correct?

i thought it was 68%/63%?

willwar14 · November 2016

I am currently being offered this for a 535i demo that has 13k miles (a lot I know)

MSRP: $64k
Sales Price: $49k
Cap cost reduction: $0
Acquisition Fee: $925
Miles/yr: 10k
Residual: 58%
Months: 36
MF: 0.00134
Monthly Payment (w/ tax): $445
Drive Off: $5k
(first mo payment, 7x msd, reg and doc fees, tax, acquisition fee)

is this a good deal? I feel as though I want to push for another 2-3% off to sweeten things, what do you think?

slacker101 · November 2016

Michaell said:

slacker101 said:
What do you think about this for Florida?
2016 528i Demo with about 5,000 miles.
Premium package, luxury line, heads up display, multi contour seats, heated seats, smart phone integration, glacier silver. MSRP 60K, sale price... $47,895.
Payment $2K down - @ 12,000 miles year which includes doc fee, first month, registration, etc. Payment is $470.00. Money factor is marked is marked up a bit.
.00134 and 62%, before adjusting for the miles.

Before adjustment, I get $411/mo before tax, using the base MF.

$1250 for the miles adds about $34/mo, so $445/mo before tax.

6% tax takes the payment to approximately $470.

Looks like a solid deal.

Thanks, really kind of you. Dealer won't move off of the raised money factor. It's an ok deal.
What would max MSD's bring the payment down to?

Michaell · November 2016

willwar14 said:

kyfdx said:

cad4me said:
Hello,
Can you please provide the residual and MF for following?
2016 BMW 535i xDrive Sedan
10,000 miles
24 month & 36 month
New Jersey
.00134 MF and 69%/60% residual
is this correct?

i thought it was 68%/63%?

24/10 residual is 69%
36/10 residual is 63%

Michaell · November 2016

willwar14 said:
I am currently being offered this for a 535i demo that has 13k miles (a lot I know)

MSRP: $64k
Sales Price: $49k
Cap cost reduction: $0
Acquisition Fee: $925
Miles/yr: 10k
Residual: 58%
Months: 36
MF: 0.00134
Monthly Payment (w/ tax): $445
Drive Off: $5k
(first mo payment, 7x msd, reg and doc fees, tax, acquisition fee)

is this a good deal? I feel as though I want to push for another 2-3% off to sweeten things, what do you think?

You are already getting $15K off the sticker price, but if you don't ask, you don't get.

The 13K miles takes $3250 off the calculated residual.

64,000 * .63 (36/10) = $40,320 - 3250 = $37,070

That is a great payment for a $64K car.

willwar14 · November 2016

the 24 mo res for a 535i is 68% right? or is it 69%?

Michaell · November 2016

willwar14 said:
the 24 mo res for a 535i is 68% right? or is it 69%?

69% for 24/10 on 2016 5-series.

aharris15 · November 2016

Hi Michaell,

Could you give me the MF/Residual for a 36/10k lease on a 2016 528i rwd? Sorry if this is a repeat question, I tried to look through the history but mostly saw 535i stats. Thanks!

kyfdx · November 2016

aharris15 said:
Hi Michaell,

Could you give me the MF/Residual for a 36/10k lease on a 2016 528i rwd? Sorry if this is a repeat question, I tried to look through the history but mostly saw 535i stats. Thanks!

.00134 MF and 63% residual

aharris15 · November 2016

kyfdx said:

aharris15 said:
Hi Michaell,

Could you give me the MF/Residual for a 36/10k lease on a 2016 528i rwd? Sorry if this is a repeat question, I tried to look through the history but mostly saw 535i stats. Thanks!
.00134 MF and 63% residual

I appreciate it!!

slacker101 · November 2016

Michaell said:

slacker101 said:
What do you think about this for Florida?
2016 528i Demo with about 5,000 miles.
Premium package, luxury line, heads up display, multi contour seats, heated seats, smart phone integration, glacier silver. MSRP 60K, sale price... $47,895.
Payment $2K down - @ 12,000 miles year which includes doc fee, first month, registration, etc. Payment is $470.00. Money factor is marked is marked up a bit.
.00134 and 62%, before adjusting for the miles.

Before adjustment, I get $411/mo before tax, using the base MF.

$1250 for the miles adds about $34/mo, so $445/mo before tax.

6% tax takes the payment to approximately $470.

Looks like a solid deal.

They are offering me a 2 year lease at 477 or 3 year lease at 476. How would you view this?

Michaell · November 2016

slacker101 said:

Michaell said:

slacker101 said:
What do you think about this for Florida?
2016 528i Demo with about 5,000 miles.
Premium package, luxury line, heads up display, multi contour seats, heated seats, smart phone integration, glacier silver. MSRP 60K, sale price... $47,895.
Payment $2K down - @ 12,000 miles year which includes doc fee, first month, registration, etc. Payment is $470.00. Money factor is marked is marked up a bit.
.00134 and 62%, before adjusting for the miles.

Before adjustment, I get $411/mo before tax, using the base MF.

$1250 for the miles adds about $34/mo, so $445/mo before tax.

6% tax takes the payment to approximately $470.

Looks like a solid deal.
They are offering me a 2 year lease at 477 or 3 year lease at 476. How would you view this?

If this is for three years, it's about $200 more than I calculated. Some sort of fee being added?

slacker101 · November 2016

Michaell said:

slacker101 said:

Michaell said:

slacker101 said:
What do you think about this for Florida?
2016 528i Demo with about 5,000 miles.
Premium package, luxury line, heads up display, multi contour seats, heated seats, smart phone integration, glacier silver. MSRP 60K, sale price... $47,895.
Payment $2K down - @ 12,000 miles year which includes doc fee, first month, registration, etc. Payment is $470.00. Money factor is marked is marked up a bit.
.00134 and 62%, before adjusting for the miles.

Before adjustment, I get $411/mo before tax, using the base MF.

$1250 for the miles adds about $34/mo, so $445/mo before tax.

6% tax takes the payment to approximately $470.

Looks like a solid deal.
They are offering me a 2 year lease at 477 or 3 year lease at 476. How would you view this?
If this is for three years, it's about $200 more than I calculated. Some sort of fee being added?

I am not sure I follow what you mean...

Michaell · November 2016

slacker101 said:

Michaell said:

slacker101 said:

Michaell said:

slacker101 said:
What do you think about this for Florida?
2016 528i Demo with about 5,000 miles.
Premium package, luxury line, heads up display, multi contour seats, heated seats, smart phone integration, glacier silver. MSRP 60K, sale price... $47,895.
Payment $2K down - @ 12,000 miles year which includes doc fee, first month, registration, etc. Payment is $470.00. Money factor is marked is marked up a bit.
.00134 and 62%, before adjusting for the miles.

Before adjustment, I get $411/mo before tax, using the base MF.

$1250 for the miles adds about $34/mo, so $445/mo before tax.

6% tax takes the payment to approximately $470.

Looks like a solid deal.
They are offering me a 2 year lease at 477 or 3 year lease at 476. How would you view this?
If this is for three years, it's about $200 more than I calculated. Some sort of fee being added?
I am not sure I follow what you mean...

My calculations were $470/mo; your quote was $476 - $6/mo for 36 months is $216.

aharris15 · December 2016

Morning guys,

Your help on this is much appreciated.

Went to dealer in GA who has (many) 2016 528i RWD limited edition.
Original MSRP $53,745,
Internet $45,681.
They gave me another $1,000 for Loyalty.
Final $44,681.

36/10k with MF .00134/Res 63%

Owners Choice (residual $33,859):
$537/mth ($0 down)
$421/mth (All fees/taxes upfront $3,931)

Lease
$568/mth ($0 down)
$469/mth ($3,269 taxes upfront)

I know this is a "good" deal but they would not budge at all on any other pricing. I've been seeing this same car at many dealers with just a few thousand off. I figured since there are so many of these in the city and them being 2016s that there could be more discount (especially as I am their returning customer)? Should I try to price shop or is this a case of Take it now!

Also, the Owner's Choice vs leasing is very confusing and it just seems Too good to be true that OC works "just like a lease" but you don't have to pay the tax upfront or twice, should you want to buy at the end of the term. My out of state friend (the numbers guy) said it just sounds fishy and that he never recommends ballon payment loans. But said to ask you guys

I know only GA, TX, and IL have the OC so any insights would be very helpful.

Thanks!!

Michaell · December 2016

aharris15 said:
Morning guys,

Your help on this is much appreciated.

Went to dealer in GA who has (many) 2016 528i RWD limited edition.
Original MSRP $53,745,
Internet $45,681.
They gave me another $1,000 for Loyalty.
Final $44,681.

36/10k with MF .00134/Res 63%

Owners Choice (residual $33,859):
$537/mth ($0 down)
$421/mth (All fees/taxes upfront $3,931)

Lease
$568/mth ($0 down)
$469/mth ($3,269 taxes upfront)

I know this is a "good" deal but they would not budge at all on any other pricing. I've been seeing this same car at many dealers with just a few thousand off. I figured since there are so many of these in the city and them being 2016s that there could be more discount (especially as I am their returning customer)? Should I try to price shop or is this a case of Take it now!

Also, the Owner's Choice vs leasing is very confusing and it just seems Too good to be true that OC works "just like a lease" but you don't have to pay the tax upfront or twice, should you want to buy at the end of the term. My out of state friend (the numbers guy) said it just sounds fishy and that he never recommends ballon payment loans. But said to ask you guys I know only GA, TX, and IL have the OC so any insights would be very helpful.

Thanks!!

OC is specifically set up for states like GA, TX, MD, etc., where the sales tax is applied to the entire price of the car on a lease. The car is registered in your name, rather than the banks. So yes, should you decide to buy the car out, you don't pay tax again.

What makes these a "limited edition" 5-series?

Can't hurt to price shop at other dealers.

aharris15 · December 2016

Michaell said:

Morning guys, Your help on this is much appreciated. Went to dealer in GA who has (many) 2016 528i RWD limited edition. Original MSRP $53,745, Internet $45,681. They gave me another $1,000 for Loyalty. Final $44,681. 36/10k with MF .00134/Res 63% Owners Choice (residual $33,859): $537/mth ($0 down) $421/mth (All fees/taxes upfront $3,931) Lease $568/mth ($0 down) $469/mth ($3,269 taxes upfront) I know this is a "good" deal but they would not budge at all on any other pricing. I've been seeing this same car at many dealers with just a few thousand off. I figured since there are so many of these in the city and them being 2016s that there could be more discount (especially as I am their returning customer)? Should I try to price shop or is this a case of Take it now! Also, the Owner's Choice vs leasing is very confusing and it just seems Too good to be true that OC works "just like a lease" but you don't have to pay the tax upfront or twice, should you want to buy at the end of the term. My out of state friend (the numbers guy) said it just sounds fishy and that he never recommends ballon payment loans. But said to ask you guys I know only GA, TX, and IL have the OC so any insights would be very helpful. Thanks!!
OC is specifically set up for states like GA, TX, MD, etc., where the sales tax is applied to the entire price of the car on a lease. The car is registered in your name, rather than the banks. So yes, should you decide to buy the car out, you don't pay tax again. What makes these a "limited edition" 5-series? Can't hurt to price shop at other dealers.

Thanks, Michael

Limited:

19" Aly double spoke wheels

Rear View Camera

Shadowline Exterior Trim

Park Distance Control

Heated Front Seats

Transmission: Sport Automatic

Dark Wood Trim

Sport Leather Steering Wheel

Does not come with premium package. Does not have 528i badge.

aharris15 · December 2016

One more thing (and sorry to harp on this) could you give me some pros and cons on owners choice vs leasing? Other than the taxes?