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2016 BMW M3 Lease Questions

itsagerbsitsagerbs Posts: 2
edited June 2016 in BMW
Hi there, anyone have an updated residual for June 2016 on the M3 for any of the following:

36/10
36/7.5

24/10
24/7.5

Thanks!
«1

Comments

  • MichaellMichaell ColoradoPosts: 111,141
    itsagerbs said:

    Hi there, anyone have an updated residual for June 2016 on the M3 for any of the following:

    36/10
    36/7.5

    24/10
    24/7.5

    Thanks!

    .00138 and 69% (24/10) and 63% (36/10).

    BMW doesn't offer 7.5K leases.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mjames83mjames83 Posts: 21
    Please provide rates for 36/15. Thanks!
  • MichaellMichaell ColoradoPosts: 111,141
    mjames83 said:

    Please provide rates for 36/15. Thanks!

    .00138 and 60%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello, can you please provide July rates for 2016 M3, 36/10, Denver, CO?
    Any hidden dealer incentives?
  • MichaellMichaell ColoradoPosts: 111,141

    Hello, can you please provide July rates for 2016 M3, 36/10, Denver, CO?
    Any hidden dealer incentives?

    No M3 lease information for July, just yet.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 120,516

    Hello, can you please provide July rates for 2016 M3, 36/10, Denver, CO?
    Any hidden dealer incentives?

    .00137 MF and 66% residual.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kapkanimdkapkanimd Posts: 130
    what about for a 24mo and 36mo 12k mi? Thanks!
  • kyfdxkyfdx Posts: 120,516
    kapkanimd said:

    what about for a 24mo and 36mo 12k mi? Thanks!

    .00137 MF and 71%/65% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sf911c2sf911c2 Posts: 2
    Hi kyfdx, can you please clarify the july MF on an M3. I live california and was quoted .00165 not .00137 MF. Also I saw folks quoting they got .0013MF. Is there a regional difference? I have tier1 credit. Thanks.
  • MichaellMichaell ColoradoPosts: 111,141
    sf911c2 said:

    Hi kyfdx, can you please clarify the july MF on an M3. I live california and was quoted .00165 not .00137 MF. Also I saw folks quoting they got .0013MF. Is there a regional difference? I have tier1 credit. Thanks.

    .00137 is the base rate, this month. Dealers can mark it up as much as .00040 for extra profit.

    So far as we know, the BMW numbers are national.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • dmillionsdmillions Posts: 20
    Do you have the 2017 MF and resids? 36/10.
  • MichaellMichaell ColoradoPosts: 111,141
    dmillions said:

    Do you have the 2017 MF and resids? 36/10.

    .00137 and 60%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • r2km000r2km000 Posts: 7
    Hi. Can you help provide the August rates for 2016 M3 @ 36/12 and 36/15? I'm in CA. Thanks in advance!
  • MichaellMichaell ColoradoPosts: 111,141
    r2km000 said:

    Hi. Can you help provide the August rates for 2016 M3 @ 36/12 and 36/15? I'm in CA. Thanks in advance!

    .00137 and 59% or 57%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • r2km000r2km000 Posts: 7
    Do residuals change throughout the month? I was hoping the dealers would be raising up residuals for the outgoing model year.
  • MichaellMichaell ColoradoPosts: 111,141
    r2km000 said:

    Do residuals change throughout the month? I was hoping the dealers would be raising up residuals for the outgoing model year.

    If there are any mid-month changes, we wouldn't know about them.

    For a car as rare as the M3, I wouldn't expect much change.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Okay, I'm officially confused. It looks like the August residual for the 2016 is lower than the July was, and the July residual for the 2017 is the same as the August residual for the 2016. Can that be right?

    Just to clarify, can you please tell me the August MF and residual for the 2016 at 36/10, and for the 2017 at 36/10? Thanks.

  • MichaellMichaell ColoradoPosts: 111,141
    dmillions said:

    Okay, I'm officially confused. It looks like the August residual for the 2016 is lower than the July was, and the July residual for the 2017 is the same as the August residual for the 2016. Can that be right?

    Just to clarify, can you please tell me the August MF and residual for the 2016 at 36/10, and for the 2017 at 36/10? Thanks.

    .00137 and 66% (2016) or 60% (2017).

    July and August numbers are the same.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I'm considering either a 24/15 or 36/15 for a 2016 2017 M3. Is there a financial advantage either way?
  • MichaellMichaell ColoradoPosts: 111,141
    paulf123 said:

    I'm considering either a 24/15 or 36/15 for a 2016 2017 M3. Is there a financial advantage either way?

    .00137 and 69% / 63% (2016) or 63% / 57% (2017)

    Get a 2016 ... the payment will be substantially lower.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • cc9cc9 Posts: 20
    edited September 2016
    Hello,
    I was hoping you would tell me the current lease rate or owners choice rates for 2017 M3 in Houston Texas. For both 36/10 and 36/12 with residual rates. Thank you!
    Are the rates better for 2016 M3? And if so why?
  • kyfdxkyfdx Posts: 120,516
    cc9 said:

    Hello,
    I was hoping you would tell me the current lease rate or owners choice rates for 2017 M3 in Houston Texas. For both 36/10 and 36/12 with residual rates. Thank you!
    Are the rates better for 2016 M3? And if so why?

    2016: .00136 MF and 65% residual. $1500 option allowance
    2017: .00136 MF and 61% residual. $1000 option allowance

    Add 1% for 10K/yr

    2016 numbers are better, because they are trying to move those models out.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • cc9cc9 Posts: 20
    Thank you so much. I was wondering if you had any insight regarding BMW owners choice vs lease. Which is better? Thanks again.
  • kyfdxkyfdx Posts: 120,516
    cc9 said:

    Thank you so much. I was wondering if you had any insight regarding BMW owners choice vs lease. Which is better? Thanks again.

    OC is a program for states that charge tax on the full selling price on a lease. Since the vehicle is in the purchaser's name, it preserves the trade-in credit for sales tax (both at time of acquisition, then again at disposition).

    I don't know enough about it to crunch the numbers, to see how you might be better off, either way.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • cc9cc9 Posts: 20
    Are you aware if BMW Financial will give a better rate than thier base rate or money factor? (Especially for returning customers and excellent credit?) I just wanted to know if there is more negotiating room from the number you gave me for September. Also, I wanted to know since October is around the corner if you knew there was going to be any changes in the MF or residual for 2017 M3 Sedan. Thanks again!
  • MichaellMichaell ColoradoPosts: 111,141
    cc9 said:

    Are you aware if BMW Financial will give a better rate than thier base rate or money factor? (Especially for returning customers and excellent credit?) I just wanted to know if there is more negotiating room from the number you gave me for September. Also, I wanted to know since October is around the corner if you knew there was going to be any changes in the MF or residual for 2017 M3 Sedan. Thanks again!

    Current BMW numbers are valid until 10/31.

    Unless you use MSD, the base rate is as good as it gets.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • cc9cc9 Posts: 20
    Thank you!
  • Is it true when you put down 7 MSD on a 2016 M3 the money factor goes down from .00136 to .00127 ? I'm calculating .00087. 
  • MichaellMichaell ColoradoPosts: 111,141
    onie0423 said:

    Is it true when you put down 7 MSD on a 2016 M3 the money factor goes down from .00136 to .00127 ? I'm calculating .00087. 

    Each security deposit reduces the MF .00007. Max 7 is a total of .00049. From the base MF of .00136 this month, the net MF should be .00087.

    If the dealer is telling you .00127 then they have marked up the MF by the max allowed before applying the MSD.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • This is what the dealer said after i questioned the numbers.
    ".000136 is buying rate from BMW, 
    the selling rate is .00176-.00049 7MSD=.000127"

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