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2016 X1 lease question

maypatilmaypatil Posts: 1
edited July 2016 in BMW
Hello looking for MF and RV for 2016 BMW X1 in the state of MA. Thanks in advance.

Answers

  • kyfdxkyfdx Posts: 119,685
    maypatil said:

    Hello looking for MF and RV for 2016 BMW X1 in the state of MA. Thanks in advance.

    .00137 MF and 60% residual for 36/15.

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

    Edmunds Moderator

  • Hi!

    Newbie for car lease here,
    Net Total : $42,430
    Destination: $995
    Total suggested: $43,425

    What would be the MF and RV for this Clearance 2016 BMW X1 in the state of ME (Maine) for both 12000 miles/year and 15000 miles/year for 3 year lease?

    I got an initial quote 2k down $479/month for 12000 miles/year 36 months. Is this a good deal?

    Thank you so much in advance!
  • kyfdxkyfdx Posts: 119,685
    tpark227 said:

    Hi!

    Newbie for car lease here,
    Net Total : $42,430
    Destination: $995
    Total suggested: $43,425

    What would be the MF and RV for this Clearance 2016 BMW X1 in the state of ME (Maine) for both 12000 miles/year and 15000 miles/year for 3 year lease?

    I got an initial quote 2k down $479/month for 12000 miles/year 36 months. Is this a good deal?

    Thank you so much in advance!

    .00137 MF and 62%/60% residual.

    To calculate a payment, we need a selling price and tax rate.

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

    Edmunds Moderator

  • jack_majack_ma Posts: 13
    Hello guys,
    Was looking for the MF and residual value for a 2016 BMW X1 (driver assistance, technology, and cold wthr) for state of CT, assuming excellent credit history. Any help is appreciated.
  • MichaellMichaell ColoradoPosts: 109,951
    jack_ma said:

    Hello guys,
    Was looking for the MF and residual value for a 2016 BMW X1 (driver assistance, technology, and cold wthr) for state of CT, assuming excellent credit history. Any help is appreciated.

    .00137 and 60% for 36/15

    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

  • jack_majack_ma Posts: 13
    Michaell said:

    jack_ma said:

    Hello guys,
    Was looking for the MF and residual value for a 2016 BMW X1 (driver assistance, technology, and cold wthr) for state of CT, assuming excellent credit history. Any help is appreciated.

    .00137 and 60% for 36/15
    And for 36/12?
  • kyfdxkyfdx Posts: 119,685
    jack_ma said:

    Michaell said:

    jack_ma said:

    Hello guys,
    Was looking for the MF and residual value for a 2016 BMW X1 (driver assistance, technology, and cold wthr) for state of CT, assuming excellent credit history. Any help is appreciated.

    .00137 and 60% for 36/15
    And for 36/12?
    Add 2% to the residual to go from 36/15 to 36/12.

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

    Edmunds Moderator

  • jack_majack_ma Posts: 13
    Got the following quote for a 15k/year 36 month lease on a 2016 BMW X1. Can anybody let me know what the monthly payments would be?

    MSRP: 42335
    Selling price: 38100
    Zero down towards cap cost and no trade in
    Dealer quoted MF: .00132
    Residual: 60% for 15k/year 36 month lease.
    Tax rate: 6.35%

    Dealer is quoting $486/month with $1561 due on signing (1st month payment, bank fee of $925, and doc fees) plus DMV fees. Lease Hackr gives me $464/month. Any help appreciated.

    Thanks in advance.
  • MichaellMichaell ColoradoPosts: 109,951
    jack_ma said:

    Got the following quote for a 15k/year 36 month lease on a 2016 BMW X1. Can anybody let me know what the monthly payments would be?

    MSRP: 42335
    Selling price: 38100
    Zero down towards cap cost and no trade in
    Dealer quoted MF: .00132
    Residual: 60% for 15k/year 36 month lease.
    Tax rate: 6.35%

    Dealer is quoting $486/month with $1561 due on signing (1st month payment, bank fee of $925, and doc fees) plus DMV fees. Lease Hackr gives me $464/month. Any help appreciated.

    Thanks in advance.

    I get $464/mo with those numbers.

    A couple of observations:

    1. The base MF is .00137 this month; are you eligible for some sort of fleet discount on the MF?
    2. Find out what the adjusted cap cost is; if higher than the selling price, find out what is being added. $22/mo is about $800 total

    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

  • jennyjenjennyjen Posts: 66
    Hello looking for MF and RV for 2016 BMW X1 in the state of NJ.

    36/12
    36/15

    Thank you
  • MichaellMichaell ColoradoPosts: 109,951
    jennyjen said:

    Hello looking for MF and RV for 2016 BMW X1 in the state of NJ.

    36/12
    36/15

    Thank you

    .00137 and 62% / 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

This discussion has been closed.