2016 BMW 5-Series Lease Questions

Michaell

aharris15 said:

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?

That's really the biggest difference between the programs. The interest rate may be a bit different, too.

aharris15

Ok, thanks. Are the December numbers still .00134 and 63% for 36/10k?

trojan91

Hey guys,

Any word on residuals and MF for December for 2016 5-Series?

Thanks!

trojan91

To clarify -- MF and residuals for 24/10k, 24/12k, 36/10k, and 36/12k. Thanks again. 

Michaell

aharris15 said:

Ok, thanks. Are the December numbers still .00134 and 63% for 36/10k?

Yes, those numbers are correct.

Michaell

trojan91 said:

Hey guys,

Any word on residuals and MF for December for 2016 5-Series?

Thanks!

trojan91 said:

To clarify -- MF and residuals for 24/10k, 24/12k, 36/10k, and 36/12k. Thanks again. 

Only 36 month numbers at the moment

.00134 and 63% / 62%

trojan91

Got it, thanks Michael. Any option credits or incentives to be aware of?

Michaell

trojan91 said:

Got it, thanks Michael. Any option credits or incentives to be aware of?

Nope

onezerohero

Does the 5-series have 7,500 mile leases?

Michaell

onezerohero said:

Does the 5-series have 7,500 mile leases?

No - the only model you can get with 7,500 miles is the 7-series.

onezerohero

Request for MF and residual on 2016 535i in Southern California (91324) 24mo/30mo at both 10k/12k. Thank you.

kyfdx

onezerohero said:

Request for MF and residual on 2016 535i in Southern California (91324) 24mo/30mo at both 10k/12k. Thank you.

.00134 MF and 68%/65% for 12K/yr
Add 1% for 10K/yr

thomaskymn

Hi,

Looking to possibly get a 2016 5-series for lease in Southern California (LA area). What is the sweet spot? I'm looking at 36mo/15k. Could I get MF and Residual on this for December, and is it same throughout for all 5 series models? Also, is it beneficial to look for these demo/executive deals? Some people have mentioned you can get just as good deals on new ones, especially the 2016 5 series? Any Gotchas? Lastly, if anyone could recommend a great Socal BMW dealer, that'd be great. I know it's a lot of questions, but thanks in advance.

Michaell

thomaskymn said:

Hi,

Looking to possibly get a 2016 5-series for lease in Southern California (LA area). What is the sweet spot? I'm looking at 36mo/15k. Could I get MF and Residual on this for December, and is it same throughout for all 5 series models? Also, is it beneficial to look for these demo/executive deals? Some people have mentioned you can get just as good deals on new ones, especially the 2016 5 series? Any Gotchas? Lastly, if anyone could recommend a great Socal BMW dealer, that'd be great. I know it's a lot of questions, but thanks in advance.

.00134 and 60% for all 5-series.

Great discounts on demo models.

No recommendation on dealers, though my dad knew Steve Thomas, who owns the dealer in Camarillo.

slacker101

Anyone aware if corporate rates/discounts are eligible to be applied for demo vehicles?

kyfdx

slacker101 said:

Anyone aware if corporate rates/discounts are eligible to be applied for demo vehicles?

Don't have the answer for that.

slacker101

kyfdx said:

slacker101 said:

Anyone aware if corporate rates/discounts are eligible to be applied for demo vehicles?

Don't have the answer for that.

Thanks. Not sure if anyone else is having a hard time negotiating prices out there. I would have thought 2016's would be allow for lot of margin for sales. Dealers are offsetting prices with significant MF increases. I'm no rookie but not as easy out there this year.

Michaell

slacker101 said:

kyfdx said:

slacker101 said:

Anyone aware if corporate rates/discounts are eligible to be applied for demo vehicles?

Don't have the answer for that.

Thanks. Not sure if anyone else is having a hard time negotiating prices out there. I would have thought 2016's would be allow for lot of margin for sales. Dealers are offsetting prices with significant MF increases. I'm no rookie but not as easy out there this year.

My guess is that inventory is shrinking, which puts the advantage back onto the dealers. Best time for a 5-series deal may have been a month ago.

nyigor

slacker101 said:

Anyone aware if corporate rates/discounts are eligible to be applied for demo vehicles?

I tried to apply corporate discount to a factory (demo) car and it didn't work.

rmstrumpet

Hi,

What is the money factor and residual for a 2016 BMW 528i? 10K/36, 10K/42

Thanks!

Michaell

rmstrumpet said:

Hi,

What is the money factor and residual for a 2016 BMW 528i? 10K/36, 10K/42

Thanks!

.00134 and 63% or 54%

jinrummy

Can I get lease rates for a 2016 528i at 36/15k per year in California (if location matters)? Thank you.

Michaell

jinrummy said:

Can I get lease rates for a 2016 528i at 36/15k per year in California (if location matters)? Thank you.

.00134 and 60%

Numbers are national.

johndenvah

What sort of discount should I be looking for (percentage wise) on a 5 series executive demo lease? Pacific BMW has their credits already posted but I wasn't sure if I would be able to negotiate down any lower than what their "Market Price" is.

A specific 5 series I'm looking at is: https://www.rusnakbmw.com/used/BMW/2016-BMW-528i-for-sale-los-angeles-080203540a0e09900524db5697baba3c.htm

I'm new to this "executive demo lease" thing. How do MF and residuals factor into these compared to a "new lease"?

kyfdx

johndenvah said:

What sort of discount should I be looking for (percentage wise) on a 5 series executive demo lease? Pacific BMW has their credits already posted but I wasn't sure if I would be able to negotiate down any lower than what their "Market Price" is.

A specific 5 series I'm looking at is: https://www.rusnakbmw.com/used/BMW/2016-BMW-528i-for-sale-los-angeles-080203540a0e09900524db5697baba3c.htm

I'm new to this "executive demo lease" thing. How do MF and residuals factor into these compared to a "new lease"?

See my answer in the 3-series forum.

To add, prices on the internet are just advertisements.

mariuszka

Can I get a lease MF/res for 2016 528d 36/15k?

Michaell

mariuszka said:

Can I get a lease MF/res for 2016 528d 36/15k?

.00134 and 60%

jarora90

Hi Michael,

This would be my first time leasing so any help would be greatly appreciated. I have been doing some research to try to familiarize myself with some of the terms.

I am interested in leasing either a 2016 528i xDrive or 2016 535i xDrive. I am not sure what kind of incentives/ rebates there are available on these trims. I have talked to our local BMW dealership and here is what I'm being offered:

2016 BMW 528i xDrive Limited Edition
MSRP: $56,045
Discount: $3805
Residual: 63% on 10K/36
MF: .00139 or .00169, don't remember which one it was
Monthly Payment: $599 w/nothing down. I believe I was to pay around $1800 which I'm guessing includes first months payment, acquisition fee etc.

What do you think about this deal?
What kind of rebates/ incentives are available on 2016 5 Series xdrive trims?
Is the residual based off on MSRP even if you are getting discounts or Cap cost?

I have looked at some leases out of california which seem much better so would appreciate your help.

Thanks,
Jay

kyfdx

jarora90 said:

Hi Michael,

This would be my first time leasing so any help would be greatly appreciated. I have been doing some research to try to familiarize myself with some of the terms.

I am interested in leasing either a 2016 528i xDrive or 2016 535i xDrive. I am not sure what kind of incentives/ rebates there are available on these trims. I have talked to our local BMW dealership and here is what I'm being offered:

2016 BMW 528i xDrive Limited Edition
MSRP: $56,045
Discount: $3805
Residual: 63% on 10K/36
MF: .00139 or .00169, don't remember which one it was
Monthly Payment: $599 w/nothing down. I believe I was to pay around $1800 which I'm guessing includes first months payment, acquisition fee etc.

What do you think about this deal?
What kind of rebates/ incentives are available on 2016 5 Series xdrive trims?
Is the residual based off on MSRP even if you are getting discounts or Cap cost?

I have looked at some leases out of california which seem much better so would appreciate your help.

Thanks,
Jay

The base MF is .00134. Dealers will try to mark up that number for extra profit. You want the base rate.
Acquisition fee is 925, so $1800 upfront looks about right, depending on your state.
With the base rate, $587/mo.+tax, with your MSRP and selling price, and the base MF.

No customer rebates/incentives on this model, though that is a really high residual for a 2016. (which is good)
Residual is always based off MSRP.

aeotlaw

Any thoughts on this deal in CA is appreciated!

BMW 535i M Sport
36/12K

MSRP $70,755
Selling price: $62,755
$0 down, Max MSD
.00134 MF and 62% Residual

Offer from the dealer is $698/month
Cash due: $6320

Thanks!

Michaell

aeotlaw said:

Any thoughts on this deal in CA is appreciated!

BMW 535i M Sport
36/12K

MSRP $70,755
Selling price: $62,755
$0 down, Max MSD
.00134 MF and 62% Residual

Offer from the dealer is $698/month
Cash due: $6320

Thanks!

Using the adjusted MF of .00085 with your prices, I get $615/mo before tax; 9% tax rate takes the payment to $671/mo.

Find out from the dealer what the adjusted cap cost is, and how they arrived at that number from the selling price.

aeotlaw

Will do, thanks

aeotlaw

Michaell said:

aeotlaw said:

Any thoughts on this deal in CA is appreciated!

BMW 535i M Sport
36/12K

MSRP $70,755
Selling price: $62,755
$0 down, Max MSD
.00134 MF and 62% Residual

Offer from the dealer is $698/month
Cash due: $6320

Thanks!

Using the adjusted MF of .00085 with your prices, I get $615/mo before tax; 9% tax rate takes the payment to $671/mo.

Find out from the dealer what the adjusted cap cost is, and how they arrived at that number from the selling price.

Vehicle Price $70,755
Sell Price $62,755

Sales tax: $5,500.60
Weight Fee: $80
Tag/Registration Fees $479
Flat Add/County Fee $20
Electronic Filing: $29
Smog Abatement Fee $20
Documentation Fee $80
Tire/Battery/MVWEA $7

Balance due: $68,970.60

kyfdx

aeotlaw said:

Michaell said:

aeotlaw said:

Any thoughts on this deal in CA is appreciated!

BMW 535i M Sport
36/12K

MSRP $70,755
Selling price: $62,755
$0 down, Max MSD
.00134 MF and 62% Residual

Offer from the dealer is $698/month
Cash due: $6320

Thanks!

Using the adjusted MF of .00085 with your prices, I get $615/mo before tax; 9% tax rate takes the payment to $671/mo.

Find out from the dealer what the adjusted cap cost is, and how they arrived at that number from the selling price.

Vehicle Price $70,755
Sell Price $62,755

Sales tax: $5,500.60
Weight Fee: $80
Tag/Registration Fees $479
Flat Add/County Fee $20
Electronic Filing: $29
Smog Abatement Fee $20
Documentation Fee $80
Tire/Battery/MVWEA $7

Balance due: $68,970.60

The sales tax number is irrelevant on a lease, since CA taxes the monthly payment, not the purchase price.
So, that's not the adjusted CAP cost.

trojan91

Hi guys,

Any word on MF and residuals for January please? Looking for 10k/24, 12k/24, 10k/36, and 12k/36, and any option credits or incentives they might have added this month.

Much appreciated -- thanks!

kyfdx

trojan91 said:

Hi guys,

Any word on MF and residuals for January please? Looking for 10k/24, 12k/24, 10k/36, and 12k/36, and any option credits or incentives they might have added this month.

Much appreciated -- thanks!

.00134 MF and 68%/62% residual for 12K/yr
Add 1% for 10K/yr.

New program doesn't start until Wednesday.

zhaofl8

It seems that January residuals have been reduced, but BMW is offering $5000 lease option allowance on 2016 5 series. Can this lease credit be applied to demo/cpo-elite lease too? Thanks.

kyfdx

zhaofl8 said:

It seems that January residuals have been reduced, but BMW is offering $5000 lease option allowance on 2016 5 series. Can this lease credit be applied to demo/cpo-elite lease too? Thanks.

Sorry... no info on that program.

f14artist

Hi, please let me know if this offer looks reasonable as i was expecting lower MF. 

2016 535i 
MSRP: 65320
Sale price: 55980
residual: 58% for 36/10k
MF: 0.00176
With state tax of 3500, the monthly payment with 2500 down is $762. 

Thanks in advance!

kapkanimd

so is the NEW January residual for the 528 still 62% for 36m/12k? or did it go down and now they are offering incentive cash?

Michaell

f14artist said:

Hi, please let me know if this offer looks reasonable as i was expecting lower MF. 

2016 535i 
MSRP: 65320
Sale price: 55980
residual: 58% for 36/10k
MF: 0.00176
With state tax of 3500, the monthly payment with 2500 down is $762. 

Thanks in advance!

Base MF is .00134 this month, so that is marked up.

Also, there is $5000 lease cash, so you're getting just under 7% off sticker. Generally, that's pretty good, but there may be more to give there.

What state is this, and what is the breakdown of the additional $2500 due at signing?

Michaell

kapkanimd said:

so is the NEW January residual for the 528 still 62% for 36m/12k? or did it go down and now they are offering incentive cash?

57% for 36/12, this month.

But, a whopping $5K of option allowance in January, to make up for it.

f14artist

Michaell said:

f14artist said:

Hi, please let me know if this offer looks reasonable as i was expecting lower MF. 

2016 535i 
MSRP: 65320
Sale price: 55980
residual: 58% for 36/10k
MF: 0.00176
With state tax of 3500, the monthly payment with 2500 down is $762. 

Thanks in advance!

Base MF is .00134 this month, so that is marked up.

Also, there is $5000 lease cash, so you're getting just under 7% off sticker. Generally, that's pretty good, but there may be more to give there.

What state is this, and what is the breakdown of the additional $2500 due at signing?

Thank you for the info on base MF,
I'm in Texas, charging 6.25% tax.
I'm told the sale price is including the lease cash and things like phantom and permaplate.
$2500 I mentioned is downpayment, so dealer quote for due at signing is $2500 and they folded in depreciation+finance charge+acq fee+other fees(500) all into the monthly payment.
I'm planning on paying all fees and tax upfront with $0 down, so it will look more like $5000 due at signing.
Is this unreasonable to do?

Appreciate your insight!

kyfdx

f14artist said:

Michaell said:

f14artist said:

Hi, please let me know if this offer looks reasonable as i was expecting lower MF. 

2016 535i 
MSRP: 65320
Sale price: 55980
residual: 58% for 36/10k
MF: 0.00176
With state tax of 3500, the monthly payment with 2500 down is $762. 

Thanks in advance!

Base MF is .00134 this month, so that is marked up.

Also, there is $5000 lease cash, so you're getting just under 7% off sticker. Generally, that's pretty good, but there may be more to give there.

What state is this, and what is the breakdown of the additional $2500 due at signing?

Thank you for the info on base MF,
I'm in Texas, charging 6.25% tax.
I'm told the sale price is including the lease cash and things like phantom and permaplate.
$2500 I mentioned is downpayment, so dealer quote for due at signing is $2500 and they folded in depreciation+finance charge+acq fee+other fees(500) all into the monthly payment.
I'm planning on paying all fees and tax upfront with $0 down, so it will look more like $5000 due at signing.
Is this unreasonable to do?

Appreciate your insight!

With tax, that's $6000 upfront.

Amortizing that amount over the life of the lease, makes the cost around $900/mo.

That's a lot.

f14artist

kyfdx said:

f14artist said:

Michaell said:

f14artist said:

Hi, please let me know if this offer looks reasonable as i was expecting lower MF. 

2016 535i 
MSRP: 65320
Sale price: 55980
residual: 58% for 36/10k
MF: 0.00176
With state tax of 3500, the monthly payment with 2500 down is $762. 

Thanks in advance!

Base MF is .00134 this month, so that is marked up.

Also, there is $5000 lease cash, so you're getting just under 7% off sticker. Generally, that's pretty good, but there may be more to give there.

What state is this, and what is the breakdown of the additional $2500 due at signing?

Thank you for the info on base MF,
I'm in Texas, charging 6.25% tax.
I'm told the sale price is including the lease cash and things like phantom and permaplate.
$2500 I mentioned is downpayment, so dealer quote for due at signing is $2500 and they folded in depreciation+finance charge+acq fee+other fees(500) all into the monthly payment.
I'm planning on paying all fees and tax upfront with $0 down, so it will look more like $5000 due at signing.
Is this unreasonable to do?

Appreciate your insight!

With tax, that's $6000 upfront.

Amortizing that amount over the life of the lease, makes the cost around $900/mo.

That's a lot.

*** UPDATE
Dealer keeps insisting $55980 is including $5000 option allowance. Also, my question on if I can get 0.00134 MF has been ignored. It doesn't seem to be a good deal after all, what do you think?

Could you also confirm the below number if I can somehow get MF down to 0.00134 and pay for MSD (0.00085)?
$609 monthly payment with $9153 drive off that include:
- TX tax : $3499
- Doc fees: $495
- MSD: $4550
- First mo pay: $609

I don't have a feel for if this much drive off price is reasonable (although it's got MSD) with this monthly payment.
Thanks again.

kyfdx

f14artist said:

kyfdx said:

f14artist said:

Michaell said:

f14artist said:

Hi, please let me know if this offer looks reasonable as i was expecting lower MF. 

2016 535i 
MSRP: 65320
Sale price: 55980
residual: 58% for 36/10k
MF: 0.00176
With state tax of 3500, the monthly payment with 2500 down is $762. 

Thanks in advance!

Base MF is .00134 this month, so that is marked up.

Also, there is $5000 lease cash, so you're getting just under 7% off sticker. Generally, that's pretty good, but there may be more to give there.

What state is this, and what is the breakdown of the additional $2500 due at signing?

Thank you for the info on base MF,
I'm in Texas, charging 6.25% tax.
I'm told the sale price is including the lease cash and things like phantom and permaplate.
$2500 I mentioned is downpayment, so dealer quote for due at signing is $2500 and they folded in depreciation+finance charge+acq fee+other fees(500) all into the monthly payment.
I'm planning on paying all fees and tax upfront with $0 down, so it will look more like $5000 due at signing.
Is this unreasonable to do?

Appreciate your insight!

With tax, that's $6000 upfront.

Amortizing that amount over the life of the lease, makes the cost around $900/mo.

That's a lot.

*** UPDATE
Dealer keeps insisting $55980 is including $5000 option allowance. Also, my question on if I can get 0.00134 MF has been ignored. It doesn't seem to be a good deal after all, what do you think?

Could you also confirm the below number if I can somehow get MF down to 0.00134 and pay for MSD (0.00085)?
$609 monthly payment with $9153 drive off that include:
- TX tax : $3499
- Doc fees: $495
- MSD: $4550
- First mo pay: $609

I don't have a feel for if this much drive off price is reasonable (although it's got MSD) with this monthly payment.
Thanks again.

Your drive off is okay, though I would go ahead and roll that tax into the payment.
Did they say what money factor they are using, after the MSD discount?

shoba2017

Hi I'm looking at a 2016 550i, 3 year, 10k lease. Any idea what the MF and residual is now? 

pradeeprox

Hi

could you please tell me what is the residual and money factor for a 2016 528i xDrive
Looking to get either 36/10 or a 36/12

Thank you

nubomb2000

2016 528xi.  MSRP 56,045.  Paying max MSD.  Quoted MF = .00092 which I know is higher.  Residual is confirmed at 57%. Selling price is 47,050.  I'm in NJ and getting a quote of 531 per month.  My calculations show it should be around $500 per month??  Which is correct?  

nubomb2000

Oh it's a 36/12 lease.