2017 BMW 2-Series Lease Deals and Prices

Michaell

unclesargam said:

Hi,

Again thanks for the great help you are giving to first time lease buyers like myself.

I am considering  a 2017 230i coupe xdrive for a 10/36 lease. Can you please take look and let me know do you think it looks good?

MSRP =  $47670

Savings = $3099

Cap cost = $44571

Sales tax = $1439.72

Dealer/State Fees = $529

Total Price = $46539.72

Customer CAsh= $2000

Net Residual =$27648.60

Drive off=$2000

Term=36

Residual=58

Monthly installment=$620.77

You see any way to lower the payments?

Thanks!

.00140 and 58%

Remind me what state you are in?

I don't see the acquisition fee listed out anywhere.

Using the supplied MSRP and total price, I get $629/mo

What is the full breakdown of the $2000 due at signing?

Two ways to lower the payment:

1. negotiate a better selling price
2. use multiple security deposits to buy down the MF

unclesargam

Michaell said:

Hi,

Again thanks for the great help you are giving to first time lease buyers like myself.

I am considering  a 2017 230i coupe xdrive for a 10/36 lease. Can you please take look and let me know do you think it looks good?

MSRP =  $47670

Savings = $3099

Cap cost = $44571

Sales tax = $1439.72

Dealer/State Fees = $529

Total Price = $46539.72

Customer CAsh= $2000

Net Residual =$27648.60

Drive off=$2000

Term=36

Residual=58

Monthly installment=$620.77

You see any way to lower the payments?

Thanks!

.00140 and 58% Remind me what state you are in? I don't see the acquisition fee listed out anywhere. Using the supplied MSRP and total price, I get $629/mo What is the full breakdown of the $2000 due at signing? Two ways to lower the payment: 1. negotiate a better selling price 2. use multiple security deposits to buy down the MF

Hi Michaell,
this is for MA. I will ask about the acquisition fee and $2k breakdown.

Michaell

unclesargam said:

Michaell said:

unclesargam said:

Hi,

Again thanks for the great help you are giving to first time lease buyers like myself.

I am considering  a 2017 230i coupe xdrive for a 10/36 lease. Can you please take look and let me know do you think it looks good?

MSRP =  $47670

Savings = $3099

Cap cost = $44571

Sales tax = $1439.72

Dealer/State Fees = $529

Total Price = $46539.72

Customer CAsh= $2000

Net Residual =$27648.60

Drive off=$2000

Term=36

Residual=58

Monthly installment=$620.77

You see any way to lower the payments?

Thanks!

.00140 and 58%

Remind me what state you are in?

I don't see the acquisition fee listed out anywhere.

Using the supplied MSRP and total price, I get $629/mo

What is the full breakdown of the $2000 due at signing?

Two ways to lower the payment:

1. negotiate a better selling price
2. use multiple security deposits to buy down the MF

Hi Michaell,
this is for MA. I will ask about the acquisition fee and $2k breakdown.

Tax rate is 6.25%, IIRC. Which takes my calculated payment to $668/mo

tmadwid

Hi Michaell -

Can you share March MV and RV for the M240i vehicle with 36/15k terms? I'm located in CT.

Thanks!

Michaell

tmadwid said:

Hi Michaell -

Can you share March MV and RV for the M240i vehicle with 36/15k terms? I'm located in CT.

Thanks!

.00140 and 55%

inker22

Hi Michael,

Can we get the MV and RV for the '17 230i, 36/12k terms. Located in So.Cal.

Also, any incentives available? Thx again for your help!

Michaell

inker22 said:

Hi Michael,

Can we get the MV and RV for the '17 230i, 36/12k terms. Located in So.Cal.

Also, any incentives available? Thx again for your help!

.00140 and 57%

No lease cash

folomar

Can you post the latest MV and RV for the '17 240i? I'm not sure which term, so 15/12/10 if you have that, pleeeeeeease

I'm in Dallas, TX, if that matters.

Thanks!

Michaell

folomar said:

Can you post the latest MV and RV for the '17 240i? I'm not sure which term, so 15/12/10 if you have that, pleeeeeeease

I'm in Dallas, TX, if that matters.

Thanks!

Assuming 36 months, .00140 and 55% / 57% / 58%

brunoranger

What is the expert opinion on the likelihood of an April lease cash/cust incentive for 2017 M240i being a new quarter and closer to spring? I will be picking up my factory order in April. Perhaps using prior April's/history as a guide?

Michaell

brunoranger said:

What is the expert opinion on the likelihood of an April lease cash/cust incentive for 2017 M240i being a new quarter and closer to spring? I will be picking up my factory order in April. Perhaps using prior April's/history as a guide?

"Outlook cloudy. Please try again later."

Going out on a limb, I'd say there is a slim chance of there being any incentive dollars available next month.

luckydog7

Close to pulling the trigger on this deal using the current AARP incentives. Anything I'm missing? Seems pretty good based on what I've seen. Thanks.

kyfdx

luckydog7 said:

Close to pulling the trigger on this deal using the current AARP incentives. Anything I'm missing? Seems pretty good based on what I've seen. Thanks.

7% off MSRP and the base money factor.
Looks good.
I'd keep that CAP reduction in my pocket.
$1000 less due at signing and a payment of $731/mo.

ign_1992

I'm in Texas, how much typically off MSRP on 2017 230i? Do you think asking for 8% is too much? What is the MF and Residual I should be looking at?

If the car is MSRP $39,915 plus 8% off.

m1ajunkie

Good evening, I'm still learning about leasing so take it easy on me.

Does BMW offer 24 month 15k mile per year lease options on a 240i? If so, MF & RV? I'm located outside of Atlanta, GA if it matters.

Thanks!

kyfdx

ign_1992 said:

I'm in Texas, how much typically off MSRP on 2017 230i? Do you think asking for 8% is too much? What is the MF and Residual I should be looking at?

If the car is MSRP $39,915 plus 8% off.

.00140 MF and 55% residual for 36/15.

7% off MSRP is usually a good deal for a new BMW, absent any other incentives.

Michaell

m1ajunkie said:

Good evening, I'm still learning about leasing so take it easy on me.

Does BMW offer 24 month 15k mile per year lease options on a 240i? If so, MF & RV? I'm located outside of Atlanta, GA if it matters.

Thanks!

.00140 and 61%

luckydog7

I crunched the numbers myself and come up with $689 for the attached lease. They have it listed at $720. Do numbers add up for you?

Michaell

luckydog7 said:

I crunched the numbers myself and come up with $689 for the attached lease. They have it listed at $720. Do numbers add up for you?

As is, I get $689/mo as well.

However, find out the adjusted cap cost the dealer is using - if higher than the selling price, find out what's been added.

What state is this?

kyfdx

Michaell said:

luckydog7 said:

I crunched the numbers myself and come up with $689 for the attached lease. They have it listed at $720. Do numbers add up for you?

As is, I get $689/mo as well.

However, find out the adjusted cap cost the dealer is using - if higher than the selling price, find out what's been added.

What state is this?

Most likely Ohio

For the CAP cost:
$50326 price
+$925 acq.fee
+$1651 tax
$52902 adjusted CAP
$720.89 payment

For due at signing:
$720 payment
$250 doc
$34 fees


Not sure why they didn't screenshot the second page with the adjusted CAP cost and payment information? Maybe, it had some proprietary information they didn't want you to see.

luckydog7

Michaell said:

luckydog7 said:

I crunched the numbers myself and come up with $689 for the attached lease. They have it listed at $720. Do numbers add up for you?

As is, I get $689/mo as well.

However, find out the adjusted cap cost the dealer is using - if higher than the selling price, find out what's been added.

What state is this?

I am in Ohio. Will ask them for rest of information. Thanks for explanation. That makes more sense. Still a good deal?

Michaell

luckydog7 said:

Michaell said:

luckydog7 said:

I crunched the numbers myself and come up with $689 for the attached lease. They have it listed at $720. Do numbers add up for you?

As is, I get $689/mo as well.

However, find out the adjusted cap cost the dealer is using - if higher than the selling price, find out what's been added.

What state is this?

I am in Ohio. Will ask them for rest of information. Thanks for explanation. That makes more sense. Still a good deal?

Ohio taxes the sum of the payments and collects the money up front - or, it can be added to the cap cost. My guess is that's what is happening here.

luckydog7

kyfdx said:

Michaell said:

luckydog7 said:

I crunched the numbers myself and come up with $689 for the attached lease. They have it listed at $720. Do numbers add up for you?

As is, I get $689/mo as well.

However, find out the adjusted cap cost the dealer is using - if higher than the selling price, find out what's been added.

What state is this?

Most likely Ohio

For the CAP cost:
$50326 price
+$925 acq.fee
+$1651 tax
$52902 adjusted CAP
$720.89 payment

For due at signing:
$720 payment
$250 doc
$34 fees


Not sure why they didn't screenshot the second page with the adjusted CAP cost and payment information? Maybe, it had some proprietary information they didn't want you to see.

Here is the second page. Makes more sense now. Thank you for your help. I will look into security deposits. If I put down 3 can you tell me how that will affect MF and monthly payment?

kyfdx

luckydog7 said:

kyfdx said:

Michaell said:

luckydog7 said:

I crunched the numbers myself and come up with $689 for the attached lease. They have it listed at $720. Do numbers add up for you?

As is, I get $689/mo as well.

However, find out the adjusted cap cost the dealer is using - if higher than the selling price, find out what's been added.

What state is this?

Most likely Ohio

For the CAP cost:
$50326 price
+$925 acq.fee
+$1651 tax
$52902 adjusted CAP
$720.89 payment

For due at signing:
$720 payment
$250 doc
$34 fees


Not sure why they didn't screenshot the second page with the adjusted CAP cost and payment information? Maybe, it had some proprietary information they didn't want you to see.

Here is the second page. Makes more sense now. Thank you for your help. I will look into security deposits. If I put down 3 can you tell me how that will affect MF and monthly payment?

3 security deposits should knock about $19/mo. off. (.00119 MF)
That is 3 X $750 = $2250

If you make four deposits, it would get your payment under $700/mo.
Then, 4 X $700 = $2800.

Deposits are rounded up to the next $50 increment.

zolabox

I am getting ready to purchase an M240 for ED in June - am in Florida - what are March and April MF and residuals for this lease? Thanks!

Michaell

zolabox said:

I am getting ready to purchase an M240 for ED in June - am in Florida - what are March and April MF and residuals for this lease? Thanks!

All we have are the March numbers - .00140 and 55% for 36 months, 15,000 miles per year. There is an adjustment to the MF for ED, but I don't remember what it is.

My co-host, @kyfdx, will chime it with the details.

kyfdx

Michaell said:

zolabox said:

I am getting ready to purchase an M240 for ED in June - am in Florida - what are March and April MF and residuals for this lease? Thanks!

All we have are the March numbers - .00140 and 55% for 36 months, 15,000 miles per year. There is an adjustment to the MF for ED, but I don't remember what it is.

My co-host, @kyfdx, will chime it with the details.

I think the money factor bump for ED is .00030, but in exchange, they cover your second lease payment.

aspi007

hi what are the numbers for m2? 36/10 24/10
thanks

kyfdx

aspi007 said:

hi what are the numbers for m2? 36/10 24/10
thanks

.00140 MF and 47%/53% residual

jfiltz

Hello, I'm nearly up on my lease of a 2015 228xi and am running the numbers on a new car:

2017 240i MSRP $50495 12k per year, 3 year (57% residual)
Negotiated Price $47695
Louisiana Title Reg Etc $648
Acquisition Fee $925
Base Money Factor .00140
Money at signing $2223 (1st month, fees, acq fee)
Edmunds calculator is giving me a $675 Monthly payment (it says this is inclusive of tax?) No breakdown.

Does this seem right? Too high? Too low?

kyfdx

jfiltz said:

Hello, I'm nearly up on my lease of a 2015 228xi and am running the numbers on a new car:

2017 240i MSRP $50495 12k per year, 3 year (57% residual)
Negotiated Price $47695
Louisiana Title Reg Etc $648
Acquisition Fee $925
Base Money Factor .00140
Money at signing $2223 (1st month, fees, acq fee)
Edmunds calculator is giving me a $675 Monthly payment (it says this is inclusive of tax?) No breakdown.

Does this seem right? Too high? Too low?

I get $632/mo.+tax

What is your tax rate?

jfiltz

@kyfdx I am not 100% sure how leases are taxed in Louisiana? Car would be purchased in the New Orleans area as that is where I will be moving. Sales tax there is 10% but that is two tiers of taxes each 5% Louisiana State, and the 5% Jefferson Parish. The good thing is the base (pre-tax calculation) of $632 looks good! Thanks for your help.

Michaell

jfiltz said:

@kyfdx I am not 100% sure how leases are taxed in Louisiana? Car would be purchased in the New Orleans area as that is where I will be moving. Sales tax there is 10% but that is two tiers of taxes each 5% Louisiana State, and the 5% Jefferson Parish. The good thing is the base (pre-tax calculation) of $632 looks good! Thanks for your help.

Check with the state / parish department of revenue, but I'm pretty sure that the monthly payment is subject to sales tax.

floydfan1

Hello,

I've a couple of questions regarding the end of a lease and the commencement of a new one. I currently lease a BMW and my term has several months left, but I am doing some preliminary research.

1) I will return the car in excellent condition with a lot of miles left. Is there any way I can use this to my advantage when negotiating a new car price? I.e., can I get the dealers to compete as to who gets my car or is that out of my hands?

2) This is my first BMW. Some people have told me that dealers sometimes pick up the last payment or two as an incentive to get a new lease. Pick up meaning actually paying off my lease and not rolling the payments into the new lease.

3) I believe around 7% off sticker is a good price for a BMW. What about ordering a custom designed BMW that goes straight to me instead of sitting on a lot indefinitely. Is 7% still a reasonable target?

Thanks in advance!

Michaell

floydfan1 said:

Hello,

I've a couple of questions regarding the end of a lease and the commencement of a new one. I currently lease a BMW and my term has several months left, but I am doing some preliminary research.

1) I will return the car in excellent condition with a lot of miles left. Is there any way I can use this to my advantage when negotiating a new car price? I.e., can I get the dealers to compete as to who gets my car or is that out of my hands?

2) This is my first BMW. Some people have told me that dealers sometimes pick up the last payment or two as an incentive to get a new lease. Pick up meaning actually paying off my lease and not rolling the payments into the new lease.

3) I believe around 7% off sticker is a good price for a BMW. What about ordering a custom designed BMW that goes straight to me instead of sitting on a lot indefinitely. Is 7% still a reasonable target?

Thanks in advance!

1. If you simply turn the car in at the end of the lease, the lack of miles will not help you. If you "trade" the car in, instead, it might be worth more in trade value than the payoff on the lease.
2. We aren't aware of any formal 'pull ahead' program from BMW - but, that could be something you negotiate with your dealer.
3. 7% off sticker, even for a custom order.

floydfan1

Thanks for the responses!

floydfan1

Actually, there was one more question I had...

Assuming I were to lease another BMW, would BMWFS expect me to pay another acquisition fee or can I at least negotiate it away? I know that should I not lease another BMW they'd hit me with that end-of-the-lease fee.

Michaell

floydfan1 said:

Actually, there was one more question I had...

Assuming I were to lease another BMW, would BMWFS expect me to pay another acquisition fee or can I at least negotiate it away? I know that should I not lease another BMW they'd hit me with that end-of-the-lease fee.

I don't believe the acquisition fee is waived under those conditions.

floydfan1

OK. Thanks again.

luckydog7

Do March incentives carryover today April 1st?  Any idea on April MF and residual for M240ix for 36/12?  Thanks. 

kyfdx

luckydog7 said:

Do March incentives carryover today April 1st?  Any idea on April MF and residual for M240ix for 36/12?  Thanks. 

March program extended through Sunday.

maxiedaniels

Could I get the latest numbers for a M240i coupe manual, 36 months, 5k miles? Is it possible to do less than 5k miles with the m240i?

Michaell

maxiedaniels said:

Could I get the latest numbers for a M240i coupe manual, 36 months, 5k miles? Is it possible to do less than 5k miles with the m240i?

The lowest mileage allowance from BMW is 10,000 miles

.00140 and 58%

These numbers expire today.

bmwmseries123

Any April numbers? Thanks

Michaell

bmwmseries123 said:

Any April numbers? Thanks

Yep, they're in.

What term and mileage?

bmwmseries123

36x12 m240i with fleet

Michaell

bmwmseries123 said:

36x12 m240i with fleet

.00146 and 57%

Deduct .00020 for fleet discount

shatikaz

considering BMW M2, BMW X6 xdrive 35i, or porsche macan. Who has the best RV and MF of these models for 36/10 term in NY?

Thanks!

kyfdx

shatikaz said:

considering BMW M2, BMW X6 xdrive 35i, or porsche macan. Who has the best RV and MF of these models for 36/10 term in NY?

Thanks!

We don't have Porsche numbers, though I can guarantee the Macan will be expensive to lease, as there is little discounting.

The M2 has very low residuals. The best of the three would be the X6.

marcthedark

Hi,

do do you have the residual and MF for a 230iX convertible 36 month 10k a year in NJ 08879

will use the AARP fleet discount (1.5k off lease) if that makes any difference.

BTW could you give me the regular MF and the MF with Max MSD? 

Thanks so so much for your help

b