2017 BMW 3-Series Lease Deals and Prices

Michaell

spdrcr2 said:

Hi All,

New to the forum. If I ask something that's been discussed, please feel free to direct me appropriately.

I just entered year 2 of a 2 year, one pay on a 2016 Honda Accord LX. I've kept it clean (it still has the original new car smell), and is just shy of 9k. I noticed a 24-month, '17 330e one pay for $10K at the local BMW dealer in CA, but the usual lease info blurb (that details MSRP, fees, net cap, etc.) is missing from the page!

My current lease end residual is around $15K, and I'm allocated for 12K mi/yr, so I know the car will be "worth" more at disposition, as I was conservative on the mileage estimate at POS. I'm thinking if I went for the 330e now (a year early), they pay off the 15K amount (and dispo or any fees) to HF, give me a credit for the current wholesale value and factor in whatever they could get retail to chip into the 10K.

Is my thought process reasonable or does anyone see this playing out differently? I decided to post here before heading to dealer. Also, does anyone know 24/12 RV for the 330e?

Thanks!

We don't have the 24 month numbers for BMW yet; hopefully, we'll see them in a day or two.

Your Accord has a payoff and a trade value; call Honda Finance for the former, and you can post in the "Real World Trade in Values" thread to get a sense of the latter. That will tell you if you have equity, or not, in your current lease.

At that point, you can walk into the BMW dealership confident in your numbers.

tdbimmer

What are the July 2017 MF/residuals on 330i Gran Turismo 36mo/10k lease? I see that a $2,500 lease incentive just popped up on the BMW USA site, along with ~$1,900 dealer contribution recommended. When I am trying to recalculate the $399 lease deal on the site, the residuals and MF that would need to be used seem way off.

To get to the $399/mo lease payment, using MSRP listed at $47,345, Incentives of $4,404 ($2,500 lease incentive + $1,904 dealer suggested contribution) and down payment of $3,000 to a cap cost of $39,941 (also on the site), I'm having to use a residual of 66% and a factor of .00068 (around 1.5% interest). The lowest I can get the residual, using no interest rate, is 62.33% in order to arrive at $399/month. I feel like I'm missing something.

Michaell

tdbimmer said:

What are the July 2017 MF/residuals on 330i Gran Turismo 36mo/10k lease? I see that a $2,500 lease incentive just popped up on the BMW USA site, along with ~$1,900 dealer contribution recommended. When I am trying to recalculate the $399 lease deal on the site, the residuals and MF that would need to be used seem way off.

.00151 and 62%

tdbimmer

Michaell Thanks, how does that work with the $399 deal on the BMW site $399/mo - Just reposted my calcs -
To get to the $399/mo lease payment, using MSRP listed at $47,345, Incentives of $4,404 ($2,500 lease incentive + $1,904 dealer suggested contribution) and down payment of $3,000 to a cap cost of $39,941 (also on the site), I'm having to use a residual of 66% and a factor of .00068 (around 1.5% interest). The lowest I can get the residual, using no interest rate, is 62.33% in order to arrive at $399/month. I feel like I'm missing something.

Michaell

tdbimmer said:

Michaell Thanks, how does that work with the $399 deal on the BMW site $399/mo - Just reposted my calcs -
To get to the $399/mo lease payment, using MSRP listed at $47,345, Incentives of $4,404 ($2,500 lease incentive + $1,904 dealer suggested contribution) and down payment of $3,000 to a cap cost of $39,941 (also on the site), I'm having to use a residual of 66% and a factor of .00068 (around 1.5% interest). The lowest I can get the residual, using no interest rate, is 62.33% in order to arrive at $399/month. I feel like I'm missing something.

Are you accounting for the $925 lease acquisition fee?

Can you post the ad details here?

jerseyguy130

Hello,

I just leased a 2017 330i XDrive. New Jersey Resident / New Jersey Deal

It was a June 2017 deal

MSRP was: $48,395

The field on the lease that says "agreed upon value of vehicle" is: $43,723.68

The field on the lease that says "gross capitalized cost" is $44,878.07


I put a total of $1,500 cash out of pocket at signing.

*I was given the fleet discount as well.

my monthly payment is $499 x 36 (tax included.) 10k miles per year.

I don't know money factor, etc.

Based on this information, did i get a great deal, good deal, etc.

I'm just curious if they took decent care of me on this deal.

Thanks

Michaell

jerseyguy130 said:

Hello,

I just leased a 2017 330i XDrive. New Jersey Resident / New Jersey Deal

It was a June 2017 deal

MSRP was: $48,395

The field on the lease that says "agreed upon value of vehicle" is: $43,723.68

The field on the lease that says "gross capitalized cost" is $44,878.07


I put a total of $1,500 cash out of pocket at signing.

*I was given the fleet discount as well.

my monthly payment is $499 x 36 (tax included.) 10k miles per year.

I don't know money factor, etc.

Based on this information, did i get a great deal, good deal, etc.

I'm just curious if they took decent care of me on this deal.

Thanks

Congrats!

Payment looks decent, relative to MSRP and up front cash.

jerseyguy130

Thanks for the quick reply and the congrats! So in conclusion, your feedback of "decent" suggests that they deal was an acceptable one in your eyes? You know how it is. I just wanted to feel assured I wasn't "robbed" or anything. They swore it was a competitive deal when I tried to haggle further. They initially quoted 512 and I kept pushing to the 499 lol.

Michaell

jerseyguy130 said:

Thanks for the quick reply and the congrats! So in conclusion, your feedback of "decent" suggests that they deal was an acceptable one in your eyes? You know how it is. I just wanted to feel assured I wasn't "robbed" or anything. They swore it was a competitive deal when I tried to haggle further. They initially quoted 512 and I kept pushing to the 499 lol.

Could you have done better? I suppose.

Enjoy your new BMW! The pleasure you get from driving it will far outlast any angst you may have over the finances.

jerseyguy130

Agreed and thanks!

itsssstony

Hello, need MF and RV for 2017 330i 36mos/10k in Virginia, please? Many Thanks!

itsssstony

Hello, need MF and RV for 2017 340i 36mos/10k in Virginia, please? Many Thanks!

Michaell

itsssstony said:

Hello, need MF and RV for 2017 340i 36mos/10k in Virginia, please? Many Thanks!

.00151 and 62% for all 3-series

cdbmw330

What is the RV for a 2017 330i for 36mos/15K? Thank you.

Michaell

cdbmw330 said:

What is the RV for a 2017 330i for 36mos/15K? Thank you.

59%

22jagx2

Hello,

Wondering if you could look at this worksheet and give me your thoughts. The goal is no cap cost reduction and only paying drive-offs up front (Acquisition, doc, title/reg, tax) and a more aggressive %age off MSRP - this was the dealerships rebuttal. What am I missing?

Thanks in advance

rkade32

Hi Michaell,

What's the money factor for 2017 BMW 320iX and 330iX in Denver, CO?

Thanks!

Michaell

22jagx2 said:

Hello,

Wondering if you could look at this worksheet and give me your thoughts. The goal is no cap cost reduction and only paying drive-offs up front (Acquisition, doc, title/reg, tax) and a more aggressive %age off MSRP - this was the dealerships rebuttal. What am I missing?

Thanks in advance

Just tell them you will pay first payment and registration costs up front (say, $1000) and have them re-run the numbers. Shoot for 7% off sticker, before applying incentives.

Lots of dealers out there; only takes one to meet your numbers.

Michaell

rkade32 said:

Hi Michaell,

What's the money factor for 2017 BMW 320iX and 330iX in Denver, CO?

Thanks!

.00151 and 59% for 36/15.

Both models

flightnurse

22jagx2 said:

Hello,

Wondering if you could look at this worksheet and give me your thoughts. The goal is no cap cost reduction and only paying drive-offs up front (Acquisition, doc, title/reg, tax) and a more aggressive %age off MSRP - this was the dealerships rebuttal. What am I missing?

Thanks in advance

I agree with the Mod here, you can do MUCH better than on the price of the car then what they are offering, Since the MY18 are arriving you should shoot for 9-11% off the price, regarding your down payment, why are you putting anything down, the car is coming with 2500 from BMWNA. That 2500 should handle all fee's and first payment and some Cap Reduction. Your payment of $541 is high for a 47K car. The goal should be 1% of MSRP as your payment. Also, don't let the dealer use that 2500 as a way to lower the sales price since that money comes from BMWNA and not out of the dealers pocket.

jdperro

Could I get the MF/RV for 36/12k for the '17 330i and 340i in Arizona. Thanks in advance.

Michaell

jdperro said:

Could I get the MF/RV for 36/12k for the '17 330i and 340i in Arizona. Thanks in advance.

.00151 and 61% for both

daveuk100

Hi folks, Could you please share the current residual and base MF for a 24/10 lease ? Thank you.

22jagx2

flightnurse said:

22jagx2 said:

Hello,

Wondering if you could look at this worksheet and give me your thoughts. The goal is no cap cost reduction and only paying drive-offs up front (Acquisition, doc, title/reg, tax) and a more aggressive %age off MSRP - this was the dealerships rebuttal. What am I missing?

Thanks in advance

I agree with the Mod here, you can do MUCH better than on the price of the car then what they are offering, Since the MY18 are arriving you should shoot for 9-11% off the price, regarding your down payment, why are you putting anything down, the car is coming with 2500 from BMWNA. That 2500 should handle all fee's and first payment and some Cap Reduction. Your payment of $541 is high for a 47K car. The goal should be 1% of MSRP as your payment. Also, don't let the dealer use that 2500 as a way to lower the sales price since that money comes from BMWNA and not out of the dealers pocket.

Thanks for the comments everyone, I appreciate it. My original ask was an aggressive 12% off with taxes and fees up front - his worksheet was way off but the way he using the lease credit and drive off $ looked funny; thanks for the confirmation.

I'll update on progress.

kyfdx

daveuk100 said:

Hi folks, Could you please share the current residual and base MF for a 24/10 lease ? Thank you.

.00151 MF and 68% residual

mega8489

Hey guys 
just registered  in this forum cause im
in the market to buy a new BMW !!
im gonna end up with about 9k of negative equity on my 3 series that I want to trade in so now from your experience what's the best way to handle this?
i contacted already some bmw declared in Nj area and I got one with 0.00161 MF on a 4 series 2018! Attached there is a spreadsheet with all the numbers! Can you please guys let me know if it looks correct to you ? 
this is without my trade in tho !!! 
If the numbers are correct I'm gonna go look for some  other cheaper bmw like 3 series  tho cause of my negative equity !!

Michaell

mega8489 said:

Hey guys 
just registered  in this forum cause im
in the market to buy a new BMW !!
im gonna end up with about 9k of negative equity on my 3 series that I want to trade in so now from your experience what's the best way to handle this?
i contacted already some bmw declared in Nj area and I got one with 0.00161 MF on a 4 series 2018! Attached there is a spreadsheet with all the numbers! Can you please guys let me know if it looks correct to you ? 
this is without my trade in tho !!! 
If the numbers are correct I'm gonna go look for some  other cheaper bmw like 3 series  tho cause of my negative equity !!

How long can you wait to correct the negative equity?

$9000 works out to $250/mo on a 36 month lease.

NJ taxes the sum of the payments, so the tax amount looks incorrect - could that be for a purchase?

mega8489

 My warranty is about to expire soon that's why so I don't fell spend extra money to add the extended warranty on a 2013 ! I'm looking to lease the next if that help !!!

mega8489

I feel like if I wait the car is gonna depreciate more and more and I'm gonna be even more up side down tho!

Michaell

mega8489 said:

I feel like if I wait the car is gonna depreciate more and more and I'm gonna be even more up side down tho!

Yes, but you'll also be paying down the outstanding loan.

The negative equity will shrink the longer you keep the car.

flightnurse

mega8489 said:

 My warranty is about to expire soon that's why so I don't fell spend extra money to add the extended warranty on a 2013 ! I'm looking to lease the next if that help !!!

I was in your shoes with my 2013, I had a lot of miles on my car 65K and I can say that I never had an issue with it after the 50K warranty was up but the value of my car was falling faster than a rock from an airplane. The moderator is correct is for whatever lease you are getting add $250, so the 2018 GC is 797+250 = 1040/m If you can afford that and you are happy to pay that do it, however, I wouldn't. Look for a service loaner, that has less than 5K miles on it, and work your deal on that car. My payments are on my 2017 330i is $148 more a month than my 2013. My total payments are less than the 2018 GC you got quoted my 330i is a lease. I'm happy with what I got and payments knowing I had to roll some negative equity into the new car. Hope this helps, if you want a GC, see if your dealer has a service loaner GC, but I'm thinking your best deal will be on a 330i.

mega8489

I know it sounds crazy to pay 1040 for 4 series which I will never do that anyway!! 
But yeah I guess I have to see if they have some loaner with about 4K on it so I can still lease them and get a cheaper monthly payment !! 
Btw how much was your negative rolled in on the lease tho with a 148$ more??
thank you for your help 

mega8489

Michaell said:

I feel like if I wait the car is gonna depreciate more and more and I'm gonna be even more up side down tho!

Yes, but you'll also be paying down the outstanding loan. The negative equity will shrink the longer you keep the car.

Yes I know that but I might just put some money down to cover at least half of the negative equity for sure!!
so the numbers that the dealers gave me they look ok to you ? so at least I have a idea how much more I will end up paying adding my equity too!!!

Michaell

mega8489 said:

Michaell said:

mega8489 said:

I feel like if I wait the car is gonna depreciate more and more and I'm gonna be even more up side down tho!

Yes, but you'll also be paying down the outstanding loan.

The negative equity will shrink the longer you keep the car.

Yes I know that but I might just put some money down to cover at least half of the negative equity for sure!!
so the numbers that the dealers gave me they look ok to you ? so at least I have a idea how much more I will end up paying adding my equity too!!!

Money down becomes money lost if the car is stolen or totaled.

mega8489

That's true that too !
I guess will just hang on until I can pay off some negative before I'm gonna get robbed !

Michaell

mega8489 said:

That's true that too !
I guess will just hang on until I can pay off some negative before I'm gonna get robbed !

I'm not a financial advisor, but I did stay at a Holiday Inn Express last night.

It's generally not a good idea to take on new debt to attempt to wipe out old debt.

Remember, you're still driving a 2013 BMW!

Use the money you were going to use for the down payment to pay down the loan on your current car.

itsssstony

Hello,

I was offered this for a 2017 330i in VA:

Sales price - 42073
RV - 62%
MF .00151

With 2,000 down, monthly payment of $524.

Thoughts?

mega8489

Michaell said:

mega8489 said:

That's true that too !
I guess will just hang on until I can pay off some negative before I'm gonna get robbed !

I'm not a financial advisor, but I did stay at a Holiday Inn Express last night.

It's generally not a good idea to take on new debt to attempt to wipe out old debt.

Remember, you're still driving a 2013 BMW!

Use the money you were going to use for the down payment to pay down the loan on your current car.

I know I'm sorry just trying making the right choice here but as you said in the end it's not good idea to rollover any old debt in the new one !! Defently better to pay the old loan first and take it form their !
Thank you kindly for your time !!!!

kyfdx

itsssstony said:

Hello,

I was offered this for a 2017 330i in VA:

Sales price - 42073
RV - 62%
MF .00151

With 2,000 down, monthly payment of $524.

Thoughts?

What is the MSRP?

itsssstony

kyfdx said:

itsssstony said:

Hello,

I was offered this for a 2017 330i in VA:

Sales price - 42073
RV - 62%
MF .00151

With 2,000 down, monthly payment of $524.

Thoughts?

What is the MSRP?

MSRP - 47725
Dealer Savings - $3,152
Sonic Price - $44,573
BMWFS Finance or Lease - $2,500

$42,073 <----- Sale price

kyfdx

itsssstony said:

kyfdx said:

itsssstony said:

Hello,

I was offered this for a 2017 330i in VA:

Sales price - 42073
RV - 62%
MF .00151

With 2,000 down, monthly payment of $524.

Thoughts?

What is the MSRP?

MSRP - 47725
Dealer Savings - $3,152
Sonic Price - $44,573
BMWFS Finance or Lease - $2,500

$42,073 <----- Sale price</p>

Assuming $2000 covers first payment, $925 acquisition fee, and $450 dealer/DMV fees.
Assuming $1900 sales tax added to CAP cost, I get $511/mo.

That's a lot of assumptions, though. Ask for the adjusted CAP cost and an accounting of the $2000 upfront.

groverprach

Thinking about 2017 BMW 330e lease 
Ext color platinum silver. Interior Venetian beige sensatec
Options added heated front seats, driving assistance package, paint color
Total msrp 46,250
payments: cash down $4,151. Monthly $319. 
Residual $28,000
Any my thoughts on lease terms / color of car? I haven't seen it in person

itsssstony

kyfdx said:

itsssstony said:

kyfdx said:

itsssstony said:

Hello,

I was offered this for a 2017 330i in VA:

Sales price - 42073
RV - 62%
MF .00151

With 2,000 down, monthly payment of $524.

Thoughts?

What is the MSRP?

MSRP - 47725
Dealer Savings - $3,152
Sonic Price - $44,573
BMWFS Finance or Lease - $2,500

$42,073 <----- Sale price</p>

Assuming $2000 covers first payment, $925 acquisition fee, and $450 dealer/DMV fees.
Assuming $1900 sales tax added to CAP cost, I get $511/mo.

That's a lot of assumptions, though. Ask for the adjusted CAP cost and an accounting of the $2000 upfront.

Sales price includes all fee. I will put 2k down. What would the monthly be in VA?

Sales price - 42073
RV - 62%
MF .00151

dvakaduke

thinking about a 330i xDrive

flightnurse said:

22jagx2 said:

Hello,

Wondering if you could look at this worksheet and give me your thoughts. The goal is no cap cost reduction and only paying drive-offs up front (Acquisition, doc, title/reg, tax) and a more aggressive %age off MSRP - this was the dealerships rebuttal. What am I missing?

Thanks in advance

I agree with the Mod here, you can do MUCH better than on the price of the car then what they are offering, Since the MY18 are arriving you should shoot for 9-11% off the price, regarding your down payment, why are you putting anything down, the car is coming with 2500 from BMWNA. That 2500 should handle all fee's and first payment and some Cap Reduction. Your payment of $541 is high for a 47K car. The goal should be 1% of MSRP as your payment. Also, don't let the dealer use that 2500 as a way to lower the sales price since that money comes from BMWNA and not out of the dealers pocket.

I was curious about incentives. So BMWUSA has a $2,500 rebate for lease. I'm a USAA member and they have a 2,000 incentive + an additional $500 if you lease with BMW. Those are stackable so should equal $5,000 reduction in price AFTER negotiating the selling price? And those incentives come from corporate, not the dealership correct?

Is 7%-10% below MSRP a good target?

freshprince

32 months at 10k miles

MF and RV for a 2017 330e in Seattle?

Also any rebates?

Thanks

kyfdx

groverprach said:

Thinking about 2017 BMW 330e lease 
Ext color platinum silver. Interior Venetian beige sensatec
Options added heated front seats, driving assistance package, paint color
Total msrp 46,250
payments: cash down $4,151. Monthly $319. 
Residual $28,000
Any my thoughts on lease terms / color of car? I haven't seen it in person

Term and mileage allowance?

What is the selling price and/or adjusted CAP cost?
State and tax rate?

kyfdx

dvakaduke said:

thinking about a 330i xDrive

flightnurse said:

22jagx2 said:

Hello,

Wondering if you could look at this worksheet and give me your thoughts. The goal is no cap cost reduction and only paying drive-offs up front (Acquisition, doc, title/reg, tax) and a more aggressive %age off MSRP - this was the dealerships rebuttal. What am I missing?

Thanks in advance

I agree with the Mod here, you can do MUCH better than on the price of the car then what they are offering, Since the MY18 are arriving you should shoot for 9-11% off the price, regarding your down payment, why are you putting anything down, the car is coming with 2500 from BMWNA. That 2500 should handle all fee's and first payment and some Cap Reduction. Your payment of $541 is high for a 47K car. The goal should be 1% of MSRP as your payment. Also, don't let the dealer use that 2500 as a way to lower the sales price since that money comes from BMWNA and not out of the dealers pocket.

I was curious about incentives. So BMWUSA has a $2,500 rebate for lease. I'm a USAA member and they have a 2,000 incentive + an additional $500 if you lease with BMW. Those are stackable so should equal $5,000 reduction in price AFTER negotiating the selling price? And those incentives come from corporate, not the dealership correct?

Is 7%-10% below MSRP a good target?

We don't have any info on USAA incentives

kyfdx

freshprince said:

32 months at 10k miles

MF and RV for a 2017 330e in Seattle?

Also any rebates?

Thanks

32 months?

penguincorp

Can I get a MF & RV for the 2018 330e in Vegas. Also BMW is running a $5500 lease credit so I have that knocked off the price after the dealer discounts the MSRP, correct? I should ask for 8%-10% off of MSRP correct.

jayhawker3

Looking for MF/RV and incentives on 320i 36/10 in kansas city