2016 BMW X6 Lease Questions

txhogfan94txhogfan94 Member Posts: 2
edited August 2015 in BMW
What is the factor and residual for 2016 X6 xdrive 35i?

Thanks
Don
«134

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  • MichaellMichaell ColoradoModerator Posts: 190,125

    What is the factor and residual for 2016 X6 xdrive 35i?

    Thanks
    Don

    .00130 and 55% for 36/15

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  • ans9806ans9806 Member Posts: 12
    Do you have the latest MF and residual numbers for the X6? I'm looking at either an X6 35i or an X6 50i for 36 months/12K miles. Thank you!
  • kyfdxkyfdx Moderator Posts: 194,381
    ans9806 said:

    Do you have the latest MF and residual numbers for the X6? I'm looking at either an X6 35i or an X6 50i for 36 months/12K miles. Thank you!

    .00130 MF and 57% residual for either model.

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  • stark78275stark78275 Member Posts: 27
    edited September 2015
    Hi,

    I have the following figures on a 2016 BMW X5.

    MSRP $61,895/-
    Selling Price $57,200/-
    Residual 58%
    MF 0.00130
    Term 36 months & 10k Miles per year
    Sales Tax 7%

    Reg Fee $304.50
    Bank Fee $925.00
    DOC Fee $389.00
    Other Fees $6.00
    Supplemental Titling Fee $247.58

    Could you tell me how much I should be paying monthly if I roll in the sales tax to cap cost?

    And secondly do all the fees look correct?

    Thank you,
    Stark
  • MichaellMichaell ColoradoModerator Posts: 190,125

    Hi,

    I have the following figures on a 2016 BMW X5.

    MSRP $61,895/-
    Selling Price $57,200/-
    Residual 58%
    MF 0.00130
    Term 36 months & 10k Miles per year
    Sales Tax 7%

    Reg Fee $304.50
    Bank Fee $925.00
    DOC Fee $389.00
    Other Fees $6.00
    Supplemental Titling Fee $247.58

    Could you tell me how much I should be paying monthly if I roll in the sales tax to cap cost?

    And secondly do all the fees look correct?

    Thank you,
    Stark

    What state is this? Not all states collect the tax up front.

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  • stark78275stark78275 Member Posts: 27
    This is NJ.
  • stark78275stark78275 Member Posts: 27
    I think I was wording it wrong, the sales tax will not be paid upfront. I asked them to make it part of the monthly payment.
  • MichaellMichaell ColoradoModerator Posts: 190,125

    I think I was wording it wrong, the sales tax will not be paid upfront. I asked them to make it part of the monthly payment.

    Right ... NJ taxes the sum of the payments, and you can choose to pay it upfront or add it to the cap cost. You are choosing the latter.

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  • stark78275stark78275 Member Posts: 27
    Correct :), can you tell me how much should be my monthly payment based on that?
  • MichaellMichaell ColoradoModerator Posts: 190,125

    Correct :), can you tell me how much should be my monthly payment based on that?

    $763/mo

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  • stark78275stark78275 Member Posts: 27
    Thank you, I was able to sign the lease at $762/mo.
  • MichaellMichaell ColoradoModerator Posts: 190,125

    Thank you, I was able to sign the lease at $762/mo.

    Congrats! Enjoy your new BMW

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  • Krypto2210Krypto2210 Member Posts: 7
    Can I please get the October residual and MF for 2016 X6 xDrive 35i for 36 months/12k?
  • MichaellMichaell ColoradoModerator Posts: 190,125

    Can I please get the October residual and MF for 2016 X6 xDrive 35i for 36 months/12k?

    .00134 and 58%. $1500 option credit.

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  • stark78275stark78275 Member Posts: 27
    Did the RS change for 36/10k from September to October? Was't it 58% for 10k and 57% for 12k?

    And is the "Supplemental Titling Fee" is a valid fee in NJ?

    I can see they did markup $200/- on my lease on bank fees ($925 vs $725), the X5 is still in production so I didn't sign the lease yet. Only paid a deposit of $1000. I will be signing it some where this month. Should I try to talk to them about October deals & bank fee or is it too late now?
  • MichaellMichaell ColoradoModerator Posts: 190,125

    Did the RS change for 36/10k from September to October? Was't it 58% for 10k and 57% for 12k?

    And is the "Supplemental Titling Fee" is a valid fee in NJ?

    I can see they did markup $200/- on my lease on bank fees ($925 vs $725), the X5 is still in production so I didn't sign the lease yet. Only paid a deposit of $1000. I will be signing it some where this month. Should I try to talk to them about October deals & bank fee or is it too late now?

    2016 X5 is 57% for 36/12 and 58% for 36/10. X6 numbers are different, depending on engine and RWD vs. AWD.

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  • mnfixermnfixer Member Posts: 5
    Would you please post Oct terms for a 2016 X6 xDrive 50i 36/10k? Thanks much.
  • kyfdxkyfdx Moderator Posts: 194,381
    mnfixer said:

    Would you please post Oct terms for a 2016 X6 xDrive 50i 36/10k? Thanks much.

    .00134 MF and 58% residual. $1500 option credit.

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  • stark78275stark78275 Member Posts: 27
    Thank you, that was my bad. I read the post as X5 :)

    Could you tell me if you know anything about "Supplemental Titling Fee" in NJ?

  • Krypto2210Krypto2210 Member Posts: 7
    Is the residual and MF for 2016 X6 sDrive 35i for 36 months/12k the same as the xDrive35i? 58% and .00134?
  • kyfdxkyfdx Moderator Posts: 194,381

    Is the residual and MF for 2016 X6 sDrive 35i for 36 months/12k the same as the xDrive35i? 58% and .00134?

    sDrive is 59%

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  • kyfdxkyfdx Moderator Posts: 194,381

    Thank you, that was my bad. I read the post as X5 :)

    Could you tell me if you know anything about "Supplemental Titling Fee" in NJ?

    I'm not familiar with it, but I've seen it before. How much is it?

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  • stark78275stark78275 Member Posts: 27
    The dealership is saying its $247.58, I'm not sure how they calculated it based on cap cost.
  • stark78275stark78275 Member Posts: 27
    Looks like the "Lease Price" (The capitalized cost as stated in the agreement between a lessor and a lessee.) has to be over $45,000 for them to charge for the Supplemental Titling Fee. Am I reading this right? And my cap cost is way below that.

    http://www.njcar.org/njcar/DealerSalesTaxSupTitleFeeQA_06JUL14.pdf
  • kyfdxkyfdx Moderator Posts: 194,381

    Looks like the "Lease Price" (The capitalized cost as stated in the agreement between a lessor and a lessee.) has to be over $45,000 for them to charge for the Supplemental Titling Fee. Am I reading this right? And my cap cost is way below that.

    http://www.njcar.org/njcar/DealerSalesTaxSupTitleFeeQA_06JUL14.pdf

    Your CAP cost is below $45K on an X5 or X6? That seems unlikely.

    Your linked document says it also applies to vehicles with MPG ratings below 19.

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  • stark78275stark78275 Member Posts: 27
    Are you correct, I have to pay the fee.
  • juandurojuanduro Member Posts: 30
    hi moderator..do you know the lease rates and the mf of a X6 s35 and x35 for 42 months and 48 months
  • MichaellMichaell ColoradoModerator Posts: 190,125
    juanduro said:

    hi moderator..do you know the lease rates and the mf of a X6 s35 and x35 for 42 months and 48 months

    .00134 MF

    s35i - 53% for 42/15 and 48% for 48/15

    Subtract 2% for x35i

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  • ans9806ans9806 Member Posts: 12
    Do you have new MF and residual numbers for the 2016 X6 x35i? I'm looking at 36 months/12K miles. And do you know if there's a new incentive program to replace the $1500 option credit? Thanks!
  • kyfdxkyfdx Moderator Posts: 194,381
    ans9806 said:

    Do you have new MF and residual numbers for the 2016 X6 x35i? I'm looking at 36 months/12K miles. And do you know if there's a new incentive program to replace the $1500 option credit? Thanks!

    .00131 MF and 58% residual. $1500 option credit + $1500 Novemberfest adder.

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  • ans9806ans9806 Member Posts: 12
    edited November 2015
    thanks very much - so to be clear, you're saying that there are now $3,000 in manufacturer incentives? I'm negotiating with a dealer right now and am looking at the following:

    MSRP: $81,620
    Invoice (using Edmunds numbers): $75,480

    I'm asking for buy-rate financing, and offering $750 over invoice (we'll see...). After whatever negotiated price is agreed, the dealer should then subtract $3,000 off the net cap cost, correct?

    Also, I'm doing a special order. On my last lease (2013 X5) I got very close to the above deal. The dealer is now telling me that special orders come in with a higher invoice (same story I'm hearing from the MB dealer on a GLE coupe). Can you see any scenario where that's true? Seems like a dubious claim to me.
  • MichaellMichaell ColoradoModerator Posts: 190,125
    ans9806 said:

    thanks very much - so to be clear, you're saying that there are now $3,000 in manufacturer incentives? I'm negotiating with a dealer right now and am looking at the following:

    MSRP: $81,620
    Invoice (using Edmunds numbers): $75,480

    I'm asking for buy-rate financing, and offering $750 over invoice (we'll see...). After whatever negotiated price is agreed, the dealer should then subtract $3,000 off the net cap cost, correct?

    Also, I'm doing a special order. On my last lease (2013 X5) I got very close to the above deal. The dealer is now telling me that special orders come in with a higher invoice (same story I'm hearing from the MB dealer on a GLE coupe). Can you see any scenario where that's true? Seems like a dubious claim to me.

    Yep, get your best deal, then subtract the incentives.

    I'm not aware of special ordered vehicles having a different price structure that those cars already on the lot.

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  • tonyscvtonyscv Member Posts: 15
    Hello... looking for the December incentives, MF and Residual %'s for a 2016 X6M 24 and 36 month leases. 10k miles/yr.
  • kyfdxkyfdx Moderator Posts: 194,381
    tonyscv said:

    Hello... looking for the December incentives, MF and Residual %'s for a 2016 X6M 24 and 36 month leases. 10k miles/yr.

    .00131 MF and 64%/58% residual. $1500 option credit.

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  • tomvu1606tomvu1606 Member Posts: 20
    What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?
  • MichaellMichaell ColoradoModerator Posts: 190,125
    tomvu1606 said:

    What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?

    .00131 and 58% / 59%. $1500 option credit and $1500 loyalty credit.

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  • tomvu1606tomvu1606 Member Posts: 20
    Michaell said:

    tomvu1606 said:

    What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?

    .00131 and 58% / 59%. $1500 option credit and $1500 loyalty credit.
    So there is $3000 incentive for the 16? Wow, seems like better deal than the 15
  • MichaellMichaell ColoradoModerator Posts: 190,125
    tomvu1606 said:

    Michaell said:

    tomvu1606 said:

    What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?

    .00131 and 58% / 59%. $1500 option credit and $1500 loyalty credit.
    So there is $3000 incentive for the 16? Wow, seems like better deal than the 15
    Half of that applies only if you already have a BMW (loyalty credit).

    And, you're likely to get a bigger discount from sticker on the 2015's .. dealers want to move them off the lots.

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  • tomvu1606tomvu1606 Member Posts: 20
    Michaell said:

    tomvu1606 said:

    Michaell said:

    tomvu1606 said:

    What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?

    .00131 and 58% / 59%. $1500 option credit and $1500 loyalty credit.
    So there is $3000 incentive for the 16? Wow, seems like better deal than the 15
    Half of that applies only if you already have a BMW (loyalty credit).

    And, you're likely to get a bigger discount from sticker on the 2015's .. dealers want to move them off the lots.
    That's true. I got a really got deal from the first dealer I talked to. Almost 17% but they marked up the MF so I was pissed and wanted to get the car with the color I want better. But it is the 16 and I'm sure I will not get as much as 17%

    I have not only 1 but 2 BMWs. 1 is the lease car and other one I bought last year. Will I get $3000 for loyalty credit?
  • MichaellMichaell ColoradoModerator Posts: 190,125
    tomvu1606 said:

    Michaell said:

    tomvu1606 said:

    Michaell said:

    tomvu1606 said:

    What about 2016 X6 xdrive 35i 36 month lease with 10k and 12k?

    .00131 and 58% / 59%. $1500 option credit and $1500 loyalty credit.
    So there is $3000 incentive for the 16? Wow, seems like better deal than the 15
    Half of that applies only if you already have a BMW (loyalty credit).

    And, you're likely to get a bigger discount from sticker on the 2015's .. dealers want to move them off the lots.
    That's true. I got a really got deal from the first dealer I talked to. Almost 17% but they marked up the MF so I was pissed and wanted to get the car with the color I want better. But it is the 16 and I'm sure I will not get as much as 17%

    I have not only 1 but 2 BMWs. 1 is the lease car and other one I bought last year. Will I get $3000 for loyalty credit?
    No, only $1500 for loyalty regardless of how many BMW's are in the household.

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  • montepora2012montepora2012 Member Posts: 18
    edited February 2016
    Would appreciate any insight on below:

    2016 X6 AWD 4 DR xDrive35
    first month payment, 925 acquisition fee and $4200.00 in 7 security deposits. NJ Tax, title, license, registration and dealer fees are additional fees due at signing

    MSRP $70,795
    Discount: $11,800 (not sure if manufacture incentives are included)
    Cap reduction: $0
    Residual for 36/12K: $41,061.10
    Money Factor is .00083

    Based on the info, what is monthly payment ballpark and what should I be asking?





  • MichaellMichaell ColoradoModerator Posts: 190,125

    Would appreciate any insight on below:

    2016 X6 AWD 4 DR xDrive35
    first month payment, 925 acquisition fee and $4200.00 in 7 security deposits. NJ Tax, title, license, registration and dealer fees are additional fees due at signing

    MSRP $70,795
    Discount: $11,800 (not sure if manufacture incentives are included)
    Cap reduction: $0
    Residual for 36/12K: $41,061.10
    Money Factor is .00083

    Based on the info, what is monthly payment ballpark and what should I be asking?

    If $58,995 is the cap cost, then I get a payment of $581/mo with those numbers.

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  • lsbmw47lsbmw47 Member Posts: 20
    Can I please get the February MF and Residual on a 2016 X6 AWD 4 DR xDrive35 for 36 months/10k and 12k miles?

    What are the current promotions? If I lease a BMW already, would I get a loyalty discount?

    Thank you.
  • lsbmw47lsbmw47 Member Posts: 20
    Can I also get the MF reduction for each MSD?

    Thanks.
  • MichaellMichaell ColoradoModerator Posts: 190,125
    lsbmw47 said:

    Can I please get the February MF and Residual on a 2016 X6 AWD 4 DR xDrive35 for 36 months/10k and 12k miles?

    What are the current promotions? If I lease a BMW already, would I get a loyalty discount?

    Thank you.

    lsbmw47 said:

    Can I also get the MF reduction for each MSD?

    Thanks.

    .00132 and 58% for 36/12. $1500 option allowance and $1500 SAV winter adder.

    Add 1% for 10K

    Each MSD lowers the MF by .00007; maximum 7 MSD allowed.

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  • lsbmw47lsbmw47 Member Posts: 20
    Thank you.
  • hyeteckhyeteck Member Posts: 16
    edited February 2016
    Do you guys have the current numbers for the following?

    2016 sDrive35 36 month and 10k miles
    2016 xDrive35 36 month and 10k miles
    2015 sDrive35 36 month and 10k miles
    2015 xDrive35 36 month and 10k miles

    I'm trying to figure out which year and drivetrain would yield the lowest payment based on the discounts, incentives, residual and MF. 

    Thanks
  • MichaellMichaell ColoradoModerator Posts: 190,125
    hyeteck said:

    Do you guys have the current numbers for the following?

    2016 sDrive35 36 month and 10k miles
    2016 xDrive35 36 month and 10k miles
    2015 sDrive35 36 month and 10k miles
    2015 xDrive35 36 month and 10k miles

    I'm trying to figure out which year and drivetrain would yield the lowest payment based on the discounts, incentives, residual and MF. 

    Thanks

    .00132 MF for all

    2016 sDrive - 60%
    2016 xDrive - 59%
    $1500 option allowance and $1500 SAV Winter Adder

    2015 sDrive and xDrive - 54% and $2000 buildout allowance

    2016 is the way to go.

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  • denverbronkosdenverbronkos Member Posts: 14
    Quick question guys, hypothetical situation, so I'm presented with this:
    2016 X6M

    Neg. Price: 105019
    Down payment: 30000
    Sales Tax: 6%
    Residual: 60911 (58%)
    MF: 0.00131 (standard)
    N: 36
    Monthly: 604.15


    OK, so, for the DOWN PAYMENT, I'm going to do the money factor lease. If I have already have a set number in mind that I want to deposit, which far exceeds what the monthly payment will be (like around 25k-30k), can I split that up in 7 MSD payments? Is there a monetary cap of how much I can place down? Can I just place down that much and they can treat that as a MSD? Or do they just mean that up to the first 7 payments there's cap of how many rate reductions you can receive, and any deposit after that they can treat as a MSD but won't offer any benefits like MF reduction?

    Is there a limit to the size of money limit on each MSD? If not, then is this plausible?
  • denverbronkosdenverbronkos Member Posts: 14
    Sorry, forgot to say thank you!
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