2016 BMW 5-Series Lease Questions

kyfdx

boca_bukbuk said:

Found a 2016 535i xDrive with an MSRP of $68,895. Looking at a 10k/36 mth lease. Haven't spoken with them yet. I'd rather have a 528i xDrive, but this 535 has most of the options that I am looking for. Beyond the corporate $5k discount, is an additional $8k being too piggy?

My present dealer has a 535 with a MSRP of $64,795. They are offering an additional $5k off, beyond the corporate $5k. Unfortunately it does not have the options I desire.

Am I insane?

Thanks.

I don't know if you are insane. It can't hurt to ask. Seems unlikely you'll get 11%+ off, in addition to the $5000.

boca_bukbuk

I see a few other touting discounts of $13,000 on vehicles of a far lower MSRP than the one that I am considering. I agree that it can't hurt to ask.

And I agree about the insanity. Two different issues entirely!

Thanks again.

robert_r1

Hi,
requesting money factor and residual for 535
state of Texas
15k miles per yR
is there any ongoing incentives at this time?

thank you very much

kyfdx

robert_r1 said:

Hi,
requesting money factor and residual for 535
state of Texas
15k miles per yR
is there any ongoing incentives at this time?

thank you very much

.00134 MF and 55% residual for 36/15.

$5000 option allowance

robert_r1

same money factor for 528?
Thanks again

kyfdx

robert_r1 said:

same money factor for 528?
Thanks again

Yes

dinodr

Can you post the RV and MF for 535i 36/15K in California? Thanks.

Michaell

dinodr said:

Can you post the RV and MF for 535i 36/15K in California? Thanks.

.00134 and 55%. $5000 option allowance.

dinodr

Michaell said:

dinodr said:

Can you post the RV and MF for 535i 36/15K in California? Thanks.

.00134 and 55%. $5000 option allowance.

Thanks.

otay5000

Hi! I've heard that BMW / BMWFS will lease low mileage CPO vehicles. Do you have details of this program? How is residual determined, for example? I'm looking at a 2016 535i with about 4400 miles. Since the dealer is advertising this as CPO Elite, I do not know the original MSRP, but the advertised price is $57,800. Thanks in advance!

Michaell

otay5000 said:

Hi! I've heard that BMW / BMWFS will lease low mileage CPO vehicles. Do you have details of this program? How is residual determined, for example? I'm looking at a 2016 535i with about 4400 miles. Since the dealer is advertising this as CPO Elite, I do not know the original MSRP, but the advertised price is $57,800. Thanks in advance!

We do not have any numbers for the CPO lease program. However, the CPO Elite may qualify for new car rates, as the number of miles is so low.

If this is the case (and I'm not 100% sure that it is), what lease term and how many miles per year are you looking for?

otay5000

Michaell said:

otay5000 said:

Hi! I've heard that BMW / BMWFS will lease low mileage CPO vehicles. Do you have details of this program? How is residual determined, for example? I'm looking at a 2016 535i with about 4400 miles. Since the dealer is advertising this as CPO Elite, I do not know the original MSRP, but the advertised price is $57,800. Thanks in advance!

We do not have any numbers for the CPO lease program. However, the CPO Elite may qualify for new car rates, as the number of miles is so low.

If this is the case (and I'm not 100% sure that it is), what lease term and how many miles per year are you looking for?

Thanks for the quick reply! I'd be looking at 36/10k or 24/10k. Is MSRP still needed to determine residual?

Michaell

otay5000 said:

Michaell said:

otay5000 said:

Hi! I've heard that BMW / BMWFS will lease low mileage CPO vehicles. Do you have details of this program? How is residual determined, for example? I'm looking at a 2016 535i with about 4400 miles. Since the dealer is advertising this as CPO Elite, I do not know the original MSRP, but the advertised price is $57,800. Thanks in advance!

We do not have any numbers for the CPO lease program. However, the CPO Elite may qualify for new car rates, as the number of miles is so low.

If this is the case (and I'm not 100% sure that it is), what lease term and how many miles per year are you looking for?

Thanks for the quick reply! I'd be looking at 36/10k or 24/10k. Is MSRP still needed to determine residual?

.00134 and 58% or 64%

Yes, the residual value is based on MSRP, the bottom line number of the window sticker.

otay5000

Michaell said:

otay5000 said:

Michaell said:

otay5000 said:

Hi! I've heard that BMW / BMWFS will lease low mileage CPO vehicles. Do you have details of this program? How is residual determined, for example? I'm looking at a 2016 535i with about 4400 miles. Since the dealer is advertising this as CPO Elite, I do not know the original MSRP, but the advertised price is $57,800. Thanks in advance!

We do not have any numbers for the CPO lease program. However, the CPO Elite may qualify for new car rates, as the number of miles is so low.

If this is the case (and I'm not 100% sure that it is), what lease term and how many miles per year are you looking for?

Thanks for the quick reply! I'd be looking at 36/10k or 24/10k. Is MSRP still needed to determine residual?

.00134 and 58% or 64%

Yes, the residual value is based on MSRP, the bottom line number of the window sticker.

Thanks again. Do you know if there some sort of mileage factor that effects the residual?

Michaell

otay5000 said:

Michaell said:

otay5000 said:

Michaell said:

otay5000 said:

Hi! I've heard that BMW / BMWFS will lease low mileage CPO vehicles. Do you have details of this program? How is residual determined, for example? I'm looking at a 2016 535i with about 4400 miles. Since the dealer is advertising this as CPO Elite, I do not know the original MSRP, but the advertised price is $57,800. Thanks in advance!

We do not have any numbers for the CPO lease program. However, the CPO Elite may qualify for new car rates, as the number of miles is so low.

If this is the case (and I'm not 100% sure that it is), what lease term and how many miles per year are you looking for?

Thanks for the quick reply! I'd be looking at 36/10k or 24/10k. Is MSRP still needed to determine residual?

.00134 and 58% or 64%

Yes, the residual value is based on MSRP, the bottom line number of the window sticker.

Thanks again. Do you know if there some sort of mileage factor that effects the residual?

We thought it was a straight .25 per mile deduction, but we've heard from other posters that there is a new calculation for demo and loaner vehicles.

I'd suggest you check with the dealer for the particulars.

jonur85

Hi there!! Thank you to all the moderators who help people on these forums.

So I am negotiating a lease because my lease is up this month. Can someone tell me if this is a good deal please? I am in New Jersey.

Car: 2016 528ix (DEMO with 7,000 miles)

Terms: 24 months, 12,000 miles per year. $3,700 (first month, DMV, taxes, and I'm assuming cap cost? No security deposit) $530 per month

MSRP: $48,995 (this is the window sticker on the car and what's on the website. They first tried to say the car originally went for $58,900 and that's the MSRP, which could very well be true when it was brand new on the lot).

Selling price: $45,568

Money Factor: .00164

Residual: 63%

Please note that I was approved with Tier 2 rates because of student loans that were out of hand a few years but have since been fixed, so I know that effects the MF as well.

Thank you so much in advance!!!

Michaell

jonur85 said:

Hi there!! Thank you to all the moderators who help people on these forums.

So I am negotiating a lease because my lease is up this month. Can someone tell me if this is a good deal please? I am in New Jersey.

Car: 2016 528ix (DEMO with 7,000 miles)

Terms: 24 months, 12,000 miles per year. $3,700 (first month, DMV, taxes, and I'm assuming cap cost? No security deposit) $530 per month

MSRP: $48,995 (this is the window sticker on the car and what's on the website. They first tried to say the car originally went for $58,900 and that's the MSRP, which could very well be true when it was brand new on the lot).

Selling price: $45,568

Money Factor: .00164

Residual: 63%

Please note that I was approved with Tier 2 rates because of student loans that were out of hand a few years but have since been fixed, so I know that effects the MF as well.

Thank you so much in advance!!!

The $58,900 is the MSRP that is used to calculate the residual. $13K off that number is OK, given there is $5000 option allowance available.

I would get a complete breakdown of the up front monies - that's a lot if it doesn't include MSD.

Our recommendation is to limit the up front cash to just the first payment and DMV costs - add everything else into the lease.

Note also that the residual will be adjusted downward to account for the miles on the car.

jonur85

Michaell said:

Hi there!! Thank you to all the moderators who help people on these forums. So I am negotiating a lease because my lease is up this month. Can someone tell me if this is a good deal please? I am in New Jersey. Car: 2016 528ix (DEMO with 7,000 miles) Terms: 24 months, 12,000 miles per year. $3,700 (first month, DMV, taxes, and I'm assuming cap cost? No security deposit) $530 per month MSRP: $48,995 (this is the window sticker on the car and what's on the website. They first tried to say the car originally went for $58,900 and that's the MSRP, which could very well be true when it was brand new on the lot). Selling price: $45,568 Money Factor: .00164 Residual: 63% Please note that I was approved with Tier 2 rates because of student loans that were out of hand a few years but have since been fixed, so I know that effects the MF as well. Thank you so much in advance!!!

The $58,900 is the MSRP that is used to calculate the residual. $13K off that number is OK, given there is $5000 option allowance available. I would get a complete breakdown of the up front monies - that's a lot if it doesn't include MSD. Our recommendation is to limit the up front cash to just the first payment and DMV costs - add everything else into the lease. Note also that the residual will be adjusted downward to account for the miles on the car.

Thank you for your response and for your advice. I just emailed him to ask exactly what the $3,700 is for. In the meantime, with the figures I originally posted, does the monthly payment look good? Thank you so much for your help, I wouldn't be able to do this on my own. Appreciate it a lot. 

Michaell

jonur85 said:

Michaell said:

Hi there!! Thank you to all the moderators who help people on these forums.

So I am negotiating a lease because my lease is up this month. Can someone tell me if this is a good deal please? I am in New Jersey.

Car: 2016 528ix (DEMO with 7,000 miles)

Terms: 24 months, 12,000 miles per year. $3,700 (first month, DMV, taxes, and I'm assuming cap cost? No security deposit) $530 per month

MSRP: $48,995 (this is the window sticker on the car and what's on the website. They first tried to say the car originally went for $58,900 and that's the MSRP, which could very well be true when it was brand new on the lot).

Selling price: $45,568

Money Factor: .00164

Residual: 63%

Please note that I was approved with Tier 2 rates because of student loans that were out of hand a few years but have since been fixed, so I know that effects the MF as well.

Thank you so much in advance!!!

The $58,900 is the MSRP that is used to calculate the residual. $13K off that number is OK, given there is $5000 option allowance available.

I would get a complete breakdown of the up front monies - that's a lot if it doesn't include MSD.

Our recommendation is to limit the up front cash to just the first payment and DMV costs - add everything else into the lease.

Note also that the residual will be adjusted downward to account for the miles on the car.

Thank you for your response and for your advice. I just emailed him to ask exactly what the $3,700 is for. In the meantime, with the figures I originally posted, does the monthly payment look good? Thank you so much for your help, I wouldn't be able to do this on my own. Appreciate it a lot. 

I get $488/mo with those numbers. Confirm the cap cost with the dealer - if higher than the $45,568 selling price, ask them what they've added.

jonur85

Michaell said:

Michaell said:

Hi there!! Thank you to all the moderators who help people on these forums. So I am negotiating a lease because my lease is up this month. Can someone tell me if this is a good deal please? I am in New Jersey. Car: 2016 528ix (DEMO with 7,000 miles) Terms: 24 months, 12,000 miles per year. $3,700 (first month, DMV, taxes, and I'm assuming cap cost? No security deposit) $530 per month MSRP: $48,995 (this is the window sticker on the car and what's on the website. They first tried to say the car originally went for $58,900 and that's the MSRP, which could very well be true when it was brand new on the lot). Selling price: $45,568 Money Factor: .00164 Residual: 63% Please note that I was approved with Tier 2 rates because of student loans that were out of hand a few years but have since been fixed, so I know that effects the MF as well. Thank you so much in advance!!!

The $58,900 is the MSRP that is used to calculate the residual. $13K off that number is OK, given there is $5000 option allowance available. I would get a complete breakdown of the up front monies - that's a lot if it doesn't include MSD. Our recommendation is to limit the up front cash to just the first payment and DMV costs - add everything else into the lease. Note also that the residual will be adjusted downward to account for the miles on the car.

Thank you for your response and for your advice. I just emailed him to ask exactly what the $3,700 is for. In the meantime, with the figures I originally posted, does the monthly payment look good? Thank you so much for your help, I wouldn't be able to do this on my own. Appreciate it a lot. 

I get $488/mo with those numbers. Confirm the cap cost with the dealer - if higher than the $45,568 selling price, ask them what they've added.

So I heard back and he said the $3,700 includes $530 first month's payment, $1,017 for taxed, $179 for first year fees and $649 for cap reduction. Then there is a section for "other" which i am told is $925 aq fee and DMV fees. $530 and then your figure of $488 are quite different-I don't know what to do or how to approach

Michaell

jonur85 said:

Michaell said:

Michaell said:

Hi there!! Thank you to all the moderators who help people on these forums.

So I am negotiating a lease because my lease is up this month. Can someone tell me if this is a good deal please? I am in New Jersey.

Car: 2016 528ix (DEMO with 7,000 miles)

Terms: 24 months, 12,000 miles per year. $3,700 (first month, DMV, taxes, and I'm assuming cap cost? No security deposit) $530 per month

MSRP: $48,995 (this is the window sticker on the car and what's on the website. They first tried to say the car originally went for $58,900 and that's the MSRP, which could very well be true when it was brand new on the lot).

Selling price: $45,568

Money Factor: .00164

Residual: 63%

Please note that I was approved with Tier 2 rates because of student loans that were out of hand a few years but have since been fixed, so I know that effects the MF as well.

Thank you so much in advance!!!

The $58,900 is the MSRP that is used to calculate the residual. $13K off that number is OK, given there is $5000 option allowance available.

I would get a complete breakdown of the up front monies - that's a lot if it doesn't include MSD.

Our recommendation is to limit the up front cash to just the first payment and DMV costs - add everything else into the lease.

Note also that the residual will be adjusted downward to account for the miles on the car.

Thank you for your response and for your advice. I just emailed him to ask exactly what the $3,700 is for. In the meantime, with the figures I originally posted, does the monthly payment look good? Thank you so much for your help, I wouldn't be able to do this on my own. Appreciate it a lot. 

I get $488/mo with those numbers. Confirm the cap cost with the dealer - if higher than the $45,568 selling price, ask them what they've added.

So I heard back and he said the $3,700 includes $530 first month's payment, $1,017 for taxed, $179 for first year fees and $649 for cap reduction. Then there is a section for "other" which i am told is $925 aq fee and DMV fees. $530 and then your figure of $488 are quite different-I don't know what to do or how to approach

Either the MF is marked up from the .00164 they quoted you, or the cap cost is higher than what you've shared with us. They are the only variables in a lease calculation.

clubgoldberg

Hi All! Looking for MF & Residuals for a 2016 528i sedan in California. 10K miles / 36 months, loaner (8,199 miles on it)?

Also, thoughts on this offer I got yesterday:

"ok. If you like the 528 below then I can do $0 down and $0 drive offs 36 month lease and $432 + tax with 10k year. Also keep in mind that you still get the full maintenance on the 16's which includes brakes and rotors and if in fact the other car is a 2017 you will not get the brakes and rotors covered with BMW's maintenance plan since they did away with that on all 2017 models. Can we wrap this up today?"

http://www.southbaybmw.com/all-inventory/index.htm?search=B65695SL

Michaell

clubgoldberg said:

Hi All! Looking for MF & Residuals for a 2016 528i sedan in California. 10K miles / 36 months, loaner (8,199 miles on it)?

Also, thoughts on this offer I got yesterday:

"ok. If you like the 528 below then I can do $0 down and $0 drive offs 36 month lease and $432 + tax with 10k year. Also keep in mind that you still get the full maintenance on the 16's which includes brakes and rotors and if in fact the other car is a 2017 you will not get the brakes and rotors covered with BMW's maintenance plan since they did away with that on all 2017 models. Can we wrap this up today?"

http://www.southbaybmw.com/all-inventory/index.htm?search=B65695SL

What is the MSRP and selling price?

On the surface, it looks good; but, the devil is in the details.

Dealer is correct about the maintenance items .. the program changed for the 2017 model year.

aspi007

Can you post the RV and MF for 2016 Act.hybrid 5 36/10K in California? Thanks.

Michaell

aspi007 said:

Can you post the RV and MF for 2016 Act.hybrid 5 36/10K in California? Thanks.

.00134 and 58%. $5000 option allowance

clubgoldberg

Michaell said:

clubgoldberg said:

Hi All! Looking for MF & Residuals for a 2016 528i sedan in California. 10K miles / 36 months, loaner (8,199 miles on it)?

Also, thoughts on this offer I got yesterday:

"ok. If you like the 528 below then I can do $0 down and $0 drive offs 36 month lease and $432 + tax with 10k year. Also keep in mind that you still get the full maintenance on the 16's which includes brakes and rotors and if in fact the other car is a 2017 you will not get the brakes and rotors covered with BMW's maintenance plan since they did away with that on all 2017 models. Can we wrap this up today?"

http://www.southbaybmw.com/all-inventory/index.htm?search=B65695SL

What is the MSRP and selling price?

On the surface, it looks good; but, the devil is in the details.

Dealer is correct about the maintenance items .. the program changed for the 2017 model year.

Per the link, this is the final selling price--$42,991. Unsure of the MSRP but just asked him.

clubgoldberg

clubgoldberg said:

Michaell said:

clubgoldberg said:

Hi All! Looking for MF & Residuals for a 2016 528i sedan in California. 10K miles / 36 months, loaner (8,199 miles on it)?

Also, thoughts on this offer I got yesterday:

"ok. If you like the 528 below then I can do $0 down and $0 drive offs 36 month lease and $432 + tax with 10k year. Also keep in mind that you still get the full maintenance on the 16's which includes brakes and rotors and if in fact the other car is a 2017 you will not get the brakes and rotors covered with BMW's maintenance plan since they did away with that on all 2017 models. Can we wrap this up today?"

http://www.southbaybmw.com/all-inventory/index.htm?search=B65695SL

What is the MSRP and selling price?

On the surface, it looks good; but, the devil is in the details.

Dealer is correct about the maintenance items .. the program changed for the 2017 model year.

Per the link, this is the final selling price--$42,991. Unsure of the MSRP but just asked him.

Ok...here's the MSRP and selling # -- MSRP is $53,745. Selling price is $40,386

kyfdx

clubgoldberg said:

clubgoldberg said:

Michaell said:

clubgoldberg said:

Hi All! Looking for MF & Residuals for a 2016 528i sedan in California. 10K miles / 36 months, loaner (8,199 miles on it)?

Also, thoughts on this offer I got yesterday:

"ok. If you like the 528 below then I can do $0 down and $0 drive offs 36 month lease and $432 + tax with 10k year. Also keep in mind that you still get the full maintenance on the 16's which includes brakes and rotors and if in fact the other car is a 2017 you will not get the brakes and rotors covered with BMW's maintenance plan since they did away with that on all 2017 models. Can we wrap this up today?"

http://www.southbaybmw.com/all-inventory/index.htm?search=B65695SL

What is the MSRP and selling price?

On the surface, it looks good; but, the devil is in the details.

Dealer is correct about the maintenance items .. the program changed for the 2017 model year.

Per the link, this is the final selling price--$42,991. Unsure of the MSRP but just asked him.

Ok...here's the MSRP and selling # -- MSRP is $53,745. Selling price is $40,386

I get $405/mo.+tax, after reducing the residual by $2050 to account for the current mileage. If I add in the $925 acquisition fee, I get $433/mo.+tax.

That looks pretty good.

jonur85

Hi, there!

Again, thank you so much for the moderators' help in these forums! So appreciated. I just got another offer from another dealership here in NJ. Here are the numbers I was given:

Car: 2016 528xi Demo car with 12,500 miles.

MSRP: $55,495

Final Price: $41,500

Money Factor: .00154 (Tier 2 approval)

Residual: 63% (but was told 5% lower due to miles on the car already so I guess 58%?)

Downpayment: $3,500, includes taxes, docs, fees, first payment and cap reduction of $450

Terms: 24 months, 12,000 miles per year, $450 a month.

Does this sound like the numbers make sense? Thank you in advance!

Michaell

jonur85 said:

Hi, there!

Again, thank you so much for the moderators' help in these forums! So appreciated. I just got another offer from another dealership here in NJ. Here are the numbers I was given:

Car: 2016 528xi Demo car with 12,500 miles.

MSRP: $55,495

Final Price: $41,500

Money Factor: .00154 (Tier 2 approval)

Residual: 63% (but was told 5% lower due to miles on the car already so I guess 58%?)

Downpayment: $3,500, includes taxes, docs, fees, first payment and cap reduction of $450

Terms: 24 months, 12,000 miles per year, $450 a month.

Does this sound like the numbers make sense? Thank you in advance!

I agree with the Tier 2 MF and 24/10 residual.

I get $482/mo with those prices.

Confirm the adjusted cap cost with the dealer - if higher than the $41,500, find out what's been added.

And, get a full breakdown of the $3500.

Your quote looks good, but it would be nice to confirm all the details.

jonur85

Michaell said:

jonur85 said:

Hi, there!

Again, thank you so much for the moderators' help in these forums! So appreciated. I just got another offer from another dealership here in NJ. Here are the numbers I was given:

Car: 2016 528xi Demo car with 12,500 miles.

MSRP: $55,495

Final Price: $41,500

Money Factor: .00154 (Tier 2 approval)

Residual: 63% (but was told 5% lower due to miles on the car already so I guess 58%?)

Downpayment: $3,500, includes taxes, docs, fees, first payment and cap reduction of $450

Terms: 24 months, 12,000 miles per year, $450 a month.

Does this sound like the numbers make sense? Thank you in advance!

I agree with the Tier 2 MF and 24/10 residual.

I get $482/mo with those prices.

Confirm the adjusted cap cost with the dealer - if higher than the $41,500, find out what's been added.

And, get a full breakdown of the $3500.

Your quote looks good, but it would be nice to confirm all the details.

Hi there!! Thank you for helping! So my salesman confirmed the adjusted cap cost at $41,500 and these are the details for what the $3,500 entails:

Cap Cost Reduction $544 (sorry I wrote 450 in earlier post ugh!)

1 month payment $450

Registration Fee NJ $305

Docs $400

Acq Fee/NJ Lux/ Sup Tax $870

Bank Fee $925

Does this quote still look good? I think it's pretty good for 24/12k but then again, you are the experts, LOL. I feel like 450 a month is pretty OK.

Michaell

jonur85 said:

Michaell said:

jonur85 said:

Hi, there!

Again, thank you so much for the moderators' help in these forums! So appreciated. I just got another offer from another dealership here in NJ. Here are the numbers I was given:

Car: 2016 528xi Demo car with 12,500 miles.

MSRP: $55,495

Final Price: $41,500

Money Factor: .00154 (Tier 2 approval)

Residual: 63% (but was told 5% lower due to miles on the car already so I guess 58%?)

Downpayment: $3,500, includes taxes, docs, fees, first payment and cap reduction of $450

Terms: 24 months, 12,000 miles per year, $450 a month.

Does this sound like the numbers make sense? Thank you in advance!

I agree with the Tier 2 MF and 24/10 residual.

I get $482/mo with those prices.

Confirm the adjusted cap cost with the dealer - if higher than the $41,500, find out what's been added.

And, get a full breakdown of the $3500.

Your quote looks good, but it would be nice to confirm all the details.

Hi there!! Thank you for helping! So my salesman confirmed the adjusted cap cost at $41,500 and these are the details for what the $3,500 entails:

Cap Cost Reduction $544 (sorry I wrote 450 in earlier post ugh!)

1 month payment $450

Registration Fee NJ $305

Docs $400

Acq Fee/NJ Lux/ Sup Tax $870

Bank Fee $925

Does this quote still look good? I think it's pretty good for 24/12k but then again, you are the experts, LOL. I feel like 450 a month is pretty OK.

Looks like a great deal.

jonur85

Thank you so much for all your help!!!

lagggg9191

Michaell,

Brand new to leasing, I would greatly appreciate your opinion and advice regarding what monthly payment I should shot for in the following deal:

New 2016 535i in Texas
36 months 12,000 miles

MSRP: $60,645
Selling Price: $47,900
Net Due After Products & Fees: $48,344
Sales Tax: $2,949
Total Cash Price: $51,293
Potential Cap Reduction "down payment": $2,000

Looking forward to hear from you, thank you!

Michaell

lagggg9191 said:

Michaell,

Brand new to leasing, I would greatly appreciate your opinion and advice regarding what monthly payment I should shot for in the following deal:

New 2016 535i in Texas
36 months 12,000 miles

MSRP: $60,645
Selling Price: $47,900
Net Due After Products & Fees: $48,344
Sales Tax: $2,949
Total Cash Price: $51,293
Potential Cap Reduction "down payment": $2,000

Looking forward to hear from you, thank you!

.00134 and 57%. $5000 option allowance, which is reflected in your low selling price.

Plugging in your MSRP and "Total Cash Price", I get $580/mo.

The only up front money we suggest is the first payment and DMV costs - keep everything else in the total price.

lagggg9191

Thank you for the quick response Michaell! Of the following fees which ones should I consider to be DMV costs:

Inspection: $24
License: $106
Road&Bridge: $23
Title: $33
E-Tag: $5
Doc Fee: $150
Dealer Inventory Tax: $100

kyfdx

lagggg9191 said:

Thank you for the quick response Michaell! Of the following fees which ones should I consider to be DMV costs:

Inspection: $24
License: $106
Road&Bridge: $23
Title: $33
E-Tag: $5
Doc Fee: $150
Dealer Inventory Tax: $100

Pay all of those upfront

lagggg9191

Ok, will do. Thank you! Lets see how it goes tomorrow.

lagggg9191

Michaell said:

lagggg9191 said:

Michaell,

Brand new to leasing, I would greatly appreciate your opinion and advice regarding what monthly payment I should shot for in the following deal:

New 2016 535i in Texas
36 months 12,000 miles

MSRP: $60,645
Selling Price: $47,900
Net Due After Products & Fees: $48,344
Sales Tax: $2,949
Total Cash Price: $51,293
Potential Cap Reduction "down payment": $2,000

Looking forward to hear from you, thank you!

.00134 and 57%. $5000 option allowance, which is reflected in your low selling price.

Plugging in your MSRP and "Total Cash Price", I get $580/mo.

The only up front money we suggest is the first payment and DMV costs - keep everything else in the total price.

Michaell, for the $580/month figure. Did you used my $2,000 cap reduction? For some reason the calculator I created following the edmunds instructions gives me $463/mo. Please advise, thank you!

Michaell

lagggg9191 said:

Michaell said:

lagggg9191 said:

Michaell,

Brand new to leasing, I would greatly appreciate your opinion and advice regarding what monthly payment I should shot for in the following deal:

New 2016 535i in Texas
36 months 12,000 miles

MSRP: $60,645
Selling Price: $47,900
Net Due After Products & Fees: $48,344
Sales Tax: $2,949
Total Cash Price: $51,293
Potential Cap Reduction "down payment": $2,000

Looking forward to hear from you, thank you!

.00134 and 57%. $5000 option allowance, which is reflected in your low selling price.

Plugging in your MSRP and "Total Cash Price", I get $580/mo.

The only up front money we suggest is the first payment and DMV costs - keep everything else in the total price.

Michaell, for the $580/month figure. Did you used my $2,000 cap reduction? For some reason the calculator I created following the edmunds instructions gives me $463/mo. Please advise, thank you!

I used the total cash price - I don't know if that included the $2000 or not.

lagggg9191

Michaell said:

lagggg9191 said:

Michaell said:

lagggg9191 said:

Michaell,

Brand new to leasing, I would greatly appreciate your opinion and advice regarding what monthly payment I should shot for in the following deal:

New 2016 535i in Texas
36 months 12,000 miles

MSRP: $60,645
Selling Price: $47,900
Net Due After Products & Fees: $48,344
Sales Tax: $2,949
Total Cash Price: $51,293
Potential Cap Reduction "down payment": $2,000

Looking forward to hear from you, thank you!

.00134 and 57%. $5000 option allowance, which is reflected in your low selling price.

Plugging in your MSRP and "Total Cash Price", I get $580/mo.

The only up front money we suggest is the first payment and DMV costs - keep everything else in the total price.

Michaell, for the $580/month figure. Did you used my $2,000 cap reduction? For some reason the calculator I created following the edmunds instructions gives me $463/mo. Please advise, thank you!

I used the total cash price - I don't know if that included the $2000 or not.

Thank you for the quick response. Nope. The Total Cash Price does not includes the $2000.

jackj27

ceonick said:

2016 528i xDrive
LEASE TERMS: 36 MONTHS

MSRP:$56,045
SELL PRICE: $42,495
MSRP SAVINGS: $13,550 [$7,050 OFF (12.6%) + $5,000 OPTION CREDIT + $1,500 CORP FLEET]

CAP COST: $43,500 [$42,495 FINAL PRICE + $925 ACQUISITION + $80 DOC]
CAP RED: $0 ZERO DOWN PAYMENT
ADJ CAP COST: $43,500

RV: [10K - $32,506.10 (58%)] [12K - $31,945.65 (57%)] [15K - $30,824.75 (55%)]
MF: 0.00065 [0.00134 BASE - 0.00049 MSD - 0.0002 CORP FLEET]

DEPRECIATION: [10K - $10,993.90] [12K - $11,554.35] [15K - $12,675.25]
RENT CHARGE: [10K - $1,778.54] [12K - $ 1,765.43] [15K - $1,739.20]

BASE PAYMENT: [10K - $354.79] [12K - $369.99] [15K - $400.40]
SALES TAX: [10K - $27.50] [12K - $28.67] [15K - $31.03] CA 7.75%
TOTAL PAYMENT: [10K - $382.29] [12K - $398.66] [15K - $431.43]

I ENDED UP CHOOSING THE 12K OPTION FOR A MONTHLY PAYMENT OF $398.66
MY GOAL: TO LEASE A 5 SERIES WITH A MONTHLY PAYMENT UNDER $400 WITH ZERO DOWN
BY NOT CHOOSING THE 15K OPTION I AVOIDED PAYING $3,150 MSD INSTEAD

THE MONTHLY PAYMENT REPRESENTED 0.71% OF THE MSRP AND MET MY REQUIREMENT TO BE BELOW 0.75% OF THE MSRP

TOTAL DRIVE OFF: $3,611.66 [$398.66 FIRST MONTH + $2,800 MSD + $413 DMV FEES]

I WOULD LIKE TO THANK KYFDX AND MICHAELL TAKING THE TIME TO POST MF'S AND RV'S ACROSS ALL MAKES AND MODELS. THIS HAS HELPED ME IMMENSELY CRUNCHING THE NUMBERS TOGETHER ON A SPREADSHEET TO DETERMINE WHICH VEHICLES OFFERED THE BEST LEASES FOR THE MONTH.

THE NICE THING ABOUT THIS DEAL IS I SPENT LESS THAN 15 MINUTES TALKING TO THE INTERNET MANAGER OVER THE PHONE AND ANOTHER HOUR SIGNING DOCUMENTATION

EXTREMELY HAPPY WITH THE VEHICLE AND CAN'T WAIT TO DRIVE THIS TO LAS VEGAS

WAITING FOR THE RIGHT OPPORTUNITY THIS YEAR TO HOPEFULLY SCORE A GREAT DEAL LIKE THIS ON A MERCEDES OR BMW SUV

Could you share the dealer and person you dealt with?

Michaell

lagggg9191 said:

Michaell said:

lagggg9191 said:

Michaell said:

lagggg9191 said:

Michaell,

Brand new to leasing, I would greatly appreciate your opinion and advice regarding what monthly payment I should shot for in the following deal:

New 2016 535i in Texas
36 months 12,000 miles

MSRP: $60,645
Selling Price: $47,900
Net Due After Products & Fees: $48,344
Sales Tax: $2,949
Total Cash Price: $51,293
Potential Cap Reduction "down payment": $2,000

Looking forward to hear from you, thank you!

.00134 and 57%. $5000 option allowance, which is reflected in your low selling price.

Plugging in your MSRP and "Total Cash Price", I get $580/mo.

The only up front money we suggest is the first payment and DMV costs - keep everything else in the total price.

Michaell, for the $580/month figure. Did you used my $2,000 cap reduction? For some reason the calculator I created following the edmunds instructions gives me $463/mo. Please advise, thank you!

I used the total cash price - I don't know if that included the $2000 or not.

Thank you for the quick response. Nope. The Total Cash Price does not includes the $2000.

The $2000 would reduce the payment about $56/mo

soutbay111

Hi there, i got the following offer from a dealer. It looks like a good offer but wanted to get your thoughts.. thanks so much!

2016 535i M Sport package
$65,600 MSRP
36mo/10k
7 MSD
No down
$525/month

Thanks so much!

bbixler18

Looking at a 2016 535i xdrive in PA

Could you please provide for 36mo/12k and 36mo/15k:
RV %
MF
Acq Fee

Thank you!

Michaell

soutbay111 said:

Hi there, i got the following offer from a dealer. It looks like a good offer but wanted to get your thoughts.. thanks so much!

2016 535i M Sport package
$65,600 MSRP
36mo/10k
7 MSD
No down
$525/month

Thanks so much!

What is the selling price?

What state and tax rate?

How much is due at signing, beyond the MSD?

Michaell

bbixler18 said:

Looking at a 2016 535i xdrive in PA

Could you please provide for 36mo/12k and 36mo/15k:
RV %
MF
Acq Fee

Thank you!

00134 and 57% / 55%. $5000 option allowance

$925 acquisition fee

calman21

Hello, this is the first time I'm leasing and need some help please.

I'm looking at a new 2016 535i in California.

MSRP: 64455
Negotiated Price: 51375
Sales Tax is 8.75%
36mo/12k miles
0 down
0 MSD

They are quoting me $680/mo. Based on some lease calculators, this seems too high. What is the MF and Residual?

Thanks in advance!

kyfdx

calman21 said:

Hello, this is the first time I'm leasing and need some help please.

I'm looking at a new 2016 535i in California.

MSRP: 64455
Negotiated Price: 51375
Sales Tax is 8.75%
36mo/12k miles
0 down
0 MSD

They are quoting me $680/mo. Based on some lease calculators, this seems too high. What is the MF and Residual?

Thanks in advance!

Did they disclose the adjusted CAP cost or the money factor?

calman21

kyfdx said:

calman21 said:

Hello, this is the first time I'm leasing and need some help please.

I'm looking at a new 2016 535i in California.

MSRP: 64455
Negotiated Price: 51375
Sales Tax is 8.75%
36mo/12k miles
0 down
0 MSD

They are quoting me $680/mo. Based on some lease calculators, this seems too high. What is the MF and Residual?

Thanks in advance!

Did they disclose the adjusted CAP cost or the money factor?

No they did not disclose either adjusted CAP cost or MF. Is adjusted CAP cost the same as "net CAP cost"? (Gross minus cap cost reduction)?