2017 BMW M4 Coupe and Convertible Leasing Questions

lambusser

Hello,

Wondering what the current MF and Residuals are for both the 2017 M4 Coupe and Convertable.

36/12k and 36/10k or each.

Thank you,
Lam

kyfdx

lambusser said:

Hello,

Wondering what the current MF and Residuals are for both the 2017 M4 Coupe and Convertable.

36/12k and 36/10k or each.

Thank you,
Lam

.00136 MF and 60%/61% residual. $1000 option allowance
Either model.

lambusser

Thank you

dmillions

Are there BMW loyalty rebates available on the 2017 M3 and M4?

kyfdx

dmillions said:

Are there BMW loyalty rebates available on the 2017 M3 and M4?

We don't have any loyalty information

stunyccpa

Are there currently any pull ahead programs?

Was offered a 2017 M4 coupe. $82,750 MSRP, sales price $79,210 including incentives. Money factor .00134, 61% residual, no cap reduction, 10k miles a year for $994 / month. $5,162 due at signing (first month's payment, taxes (NY), DMV, bank & doc fee). Feel like I can do better.

Michaell

stunyccpa said:

Are there currently any pull ahead programs?

Was offered a 2017 M4 coupe. $82,750 MSRP, sales price $79,210 including incentives. Money factor .00134, 61% residual, no cap reduction, 10k miles a year for $994 / month. $5,162 due at signing (first month's payment, taxes (NY), DMV, bank & doc fee). Feel like I can do better.

No pull ahead programs that we see.

I get $972/mo with those numbers - about $800 difference, in total.

octoucan

What is MF and RV for 2017 BMW M4 Coupe? Thank you!

kyfdx

octoucan said:

What is MF and RV for 2017 BMW M4 Coupe? Thank you!

.00134 MF and 58% residual for 36/15

lambusser

Are those Coupe numbers the same for the convertible?

Thanks,
Lam

Michaell

lambusser said:

Are those Coupe numbers the same for the convertible?

Thanks,
Lam

Yes

aspi007

hi What is MF and RV for 2017 BMW M4 and 2016 M4 GTS? Thank you!

Michaell

aspi007 said:

hi What is MF and RV for 2017 BMW M4 and 2016 M4 GTS? Thank you!

2017 - .00134 and 61% for 36/10

2016 4-series discussion is here:

https://forums.edmunds.com/discussion/36226/bmw/4-series/2016-bmw-4-series-lease-questions#latest

longhorn_bmw

What are the MF/RV for a 36/7,5k lease on an M4 coupe?

kyfdx

longhorn_bmw said:

What are the MF/RV for a 36/7,5k lease on an M4 coupe?

10K is the lowest allowance

36/10: .00140 MF and 61% residual

lukeryan

What are April's numbers for 2017 M4 on a 36/10 and 36/12? Thanks!

kyfdx

lukeryan said:

What are April's numbers for 2017 M4 on a 36/10 and 36/12? Thanks!

.00146 MF and 61%/60% residual

lukeryan

Would rly appreciate if I could run some numbers that I was recently quoted by you guys. 

Was offered an individual color Mexico Blue M4 w/ ZCP.

36/12

MSRP: $87,740
Sale Price: $82,740
wants 5K total out of pocket for first month, all sales tax up front, registration, doc fees, etc.

was quoted $1,090 a month. Thoughts? Thanks!

Michaell

lukeryan said:

Would rly appreciate if I could run some numbers that I was recently quoted by you guys. 

Was offered an individual color Mexico Blue M4 w/ ZCP.

36/12

MSRP: $87,740
Sale Price: $82,740
wants 5K total out of pocket for first month, all sales tax up front, registration, doc fees, etc.

was quoted $1,090 a month. Thoughts? Thanks!

If the selling price is the cap cost, I get $1034/mo with those numbers.

Confirm the cap cost - if higher than the selling price, find out what's been added. If it's the same, then the MF has been marked up.

And, get a full accounting of the $5000 out of pocket.

lukeryan

This is what I was shown:

Michaell

lukeryan said:

This is what I was shown:

The math is correct.

What state is this?

lukeryan

Michaell said:

lukeryan said:

This is what I was shown:

The math is correct.

What state is this?

Was quoted for NY. I live in Los Angeles. Almost identical sales tax.

Michaell

lukeryan said:

Michaell said:

lukeryan said:

This is what I was shown:

The math is correct.

What state is this?

Was quoted for NY. I live in Los Angeles. Almost identical sales tax.

Hmm. Then the tax amount seems incorrect.

NY taxes the sum of the payments and collects that money up front. CA taxes the monthly payment, so the total amount is irrelevant.

We recommend not putting any money down on a lease - limit the upfront cash to just the first payment and non-taxable government fees (DMV costs).

lukeryan

Michaell said:

lukeryan said:

Michaell said:

lukeryan said:

This is what I was shown:

The math is correct.

What state is this?

Was quoted for NY. I live in Los Angeles. Almost identical sales tax.

Hmm. Then the tax amount seems incorrect.

NY taxes the sum of the payments and collects that money up front. CA taxes the monthly payment, so the total amount is irrelevant.

We recommend not putting any money down on a lease - limit the upfront cash to just the first payment and non-taxable government fees (DMV costs).

Do you know what those numbers would look like given all the info I was provided?

Just trying to double check everything before I go ahead and pull the trigger. Thanks for all of your help!

By the way, I was told that is exactly what this quote is designed around. Taking sum of total payments and taxing up front. That's why cap taxes are $3,782, correct?

Michaell

lukeryan said:

Michaell said:

lukeryan said:

Michaell said:

lukeryan said:

This is what I was shown:

The math is correct.

What state is this?

Was quoted for NY. I live in Los Angeles. Almost identical sales tax.

Hmm. Then the tax amount seems incorrect.

NY taxes the sum of the payments and collects that money up front. CA taxes the monthly payment, so the total amount is irrelevant.

We recommend not putting any money down on a lease - limit the upfront cash to just the first payment and non-taxable government fees (DMV costs).

Do you know what those numbers would look like given all the info I was provided?

Just trying to double check everything before I go ahead and pull the trigger. Thanks for all of your help!

By the way, I was told that is exactly what this quote is designed around. Taking sum of total payments and taxing up front. That's why cap taxes are $3,782, correct?

As noted, the math on that worksheet is correct. Our recommendation is to roll those taxes into the lease payment - if the car is stolen or totaled, you won't get a refund of the taxes you pre-paid.

lukeryan

Michaell said:

lukeryan said:

Michaell said:

lukeryan said:

Michaell said:

lukeryan said:

This is what I was shown:

The math is correct.

What state is this?

Was quoted for NY. I live in Los Angeles. Almost identical sales tax.

Hmm. Then the tax amount seems incorrect.

NY taxes the sum of the payments and collects that money up front. CA taxes the monthly payment, so the total amount is irrelevant.

We recommend not putting any money down on a lease - limit the upfront cash to just the first payment and non-taxable government fees (DMV costs).

Do you know what those numbers would look like given all the info I was provided?

Just trying to double check everything before I go ahead and pull the trigger. Thanks for all of your help!

By the way, I was told that is exactly what this quote is designed around. Taking sum of total payments and taxing up front. That's why cap taxes are $3,782, correct?

As noted, the math on that worksheet is correct. Our recommendation is to roll those taxes into the lease payment - if the car is stolen or totaled, you won't get a refund of the taxes you pre-paid.

I get what you're saying, but looking at the worksheet and all of the numbers can get quite confusing for an amateur like myself haha. Was wondering if you could help me out with what numbers would look like if I roll taxes into payment and only put down first month and DMV fees.

Also, does that doc fee seem pretty high at $500.00? I mean, what are normal upfront non-taxable gov't fees?

Michaell

lukeryan said:

Michaell said:

lukeryan said:

Michaell said:

lukeryan said:

Michaell said:

lukeryan said:

This is what I was shown:

The math is correct.

What state is this?

Was quoted for NY. I live in Los Angeles. Almost identical sales tax.

Hmm. Then the tax amount seems incorrect.

NY taxes the sum of the payments and collects that money up front. CA taxes the monthly payment, so the total amount is irrelevant.

We recommend not putting any money down on a lease - limit the upfront cash to just the first payment and non-taxable government fees (DMV costs).

Do you know what those numbers would look like given all the info I was provided?

Just trying to double check everything before I go ahead and pull the trigger. Thanks for all of your help!

By the way, I was told that is exactly what this quote is designed around. Taking sum of total payments and taxing up front. That's why cap taxes are $3,782, correct?

As noted, the math on that worksheet is correct. Our recommendation is to roll those taxes into the lease payment - if the car is stolen or totaled, you won't get a refund of the taxes you pre-paid.

I get what you're saying, but looking at the worksheet and all of the numbers can get quite confusing for an amateur like myself haha. Was wondering if you could help me out with what numbers would look like if I roll taxes into payment and only put down first month and DMV fees.

Also, does that doc fee seem pretty high at $500.00? I mean, what are normal upfront non-taxable gov't fees?

The taxes will add about $100/mo to the payment ($3800 taxes, 36 month lease ... )

I thought NY capped the doc fee at $75; I'd challenge that. Everything else looks as expected.

kyfdx

Why are you shopping in NY, when you are in LA? Guessing that is not a NY dealer. Also, lease quotes should reflect the tax rate where you will register the car. You have to be careful about paying taxes out of state, if your state doesn't have a reciprocal agreement with the other state.

lukeryan

kyfdx said:

Why are you shopping in NY, when you are in LA? Guessing that is not a NY dealer. Also, lease quotes should reflect the tax rate where you will register the car. You have to be careful about paying taxes out of state, if your state doesn't have a reciprocal agreement with the other state.

Was talking to a guy who I was referred to in NJ. He had built that quote around a client he had already sold to in Brooklyn and I guess because sales tax is almost identical btw NY and LA, that was what he came up with. I would be registering car in LA regardless of what state it is sold in anyways.

lukeryan

You guys think all-in-all a good deal though? Getting 5K off MSRP.

kyfdx

lukeryan said:

You guys think all-in-all a good deal though? Getting 5K off MSRP.

As noted before, NY collects tax upfront, while CA taxes the monthly payment.
While the money upfront and final payment should be similar, there will be major differences in how the numbers are allocated.

It looks like a decent deal, but I have a hard time believing you couldn't get the same deal in California. There are a couple of BMW dealers out there.

lukeryan

kyfdx said:

lukeryan said:

You guys think all-in-all a good deal though? Getting 5K off MSRP.

As noted before, NY collects tax upfront, while CA taxes the monthly payment.
While the money upfront and final payment should be similar, there will be major differences in how the numbers are allocated.

It looks like a decent deal, but I have a hard time believing you couldn't get the same deal in California. There are a couple of BMW dealers out there.

I don't understand why there would be major differences in how numbers are allocated. And even if they are, why would it matter if upfront and final payment are almost identical? Why wouldn't I be able to get same deal in LA?

Michaell

lukeryan said:

kyfdx said:

lukeryan said:

You guys think all-in-all a good deal though? Getting 5K off MSRP.

As noted before, NY collects tax upfront, while CA taxes the monthly payment.
While the money upfront and final payment should be similar, there will be major differences in how the numbers are allocated.

It looks like a decent deal, but I have a hard time believing you couldn't get the same deal in California. There are a couple of BMW dealers out there.

I don't understand why there would be major differences in how numbers are allocated. And even if they are, why would it matter if upfront and final payment are almost identical? Why wouldn't I be able to get same deal in LA?

If you give the NY dealer $5000, it's possible some of that will be used to pay the tax, which is collected up front.

If you give the CA dealer $5000, it's likely that most of that amount will be used as cap reduction.

Our point is that you should be able to get a similar deal in CA.

One other thing - how would you get the car from NY to CA? Ship it? Figure a grand, at least, for those costs. Fly out and drive it back? You'll start your lease with 2500+ miles on your new car.

I guess you're making what should be an easy transaction complicated.

Work with a CA dealer - who knows how many there are between SD and LA? Dozens? One of them may want to sell you that M4 for $5K off sticker.

lukeryan

Michaell said:

lukeryan said:

kyfdx said:

lukeryan said:

You guys think all-in-all a good deal though? Getting 5K off MSRP.

As noted before, NY collects tax upfront, while CA taxes the monthly payment.
While the money upfront and final payment should be similar, there will be major differences in how the numbers are allocated.

It looks like a decent deal, but I have a hard time believing you couldn't get the same deal in California. There are a couple of BMW dealers out there.

I don't understand why there would be major differences in how numbers are allocated. And even if they are, why would it matter if upfront and final payment are almost identical? Why wouldn't I be able to get same deal in LA?

If you give the NY dealer $5000, it's possible some of that will be used to pay the tax, which is collected up front.

If you give the CA dealer $5000, it's likely that most of that amount will be used as cap reduction.

Our point is that you should be able to get a similar deal in CA.

One other thing - how would you get the car from NY to CA? Ship it? Figure a grand, at least, for those costs. Fly out and drive it back? You'll start your lease with 2500+ miles on your new car.

I guess you're making what should be an easy transaction complicated.

Work with a CA dealer - who knows how many there are between SD and LA? Dozens? One of them may want to sell you that M4 for $5K off sticker.

Wouldn't pay 5K up front if I were leasing in CA. Only $ I would give up front is first month and all DMV fees like you said to do earlier. Have an offer from the broker in NY to cover half of the shipping cost to do the deal.

You're right though. It would be much easier to do the deal somewhere within 200 miles of LA. Just worried I might not get the same deal, or they won't have same inventory. We shall see. The saga continues. Thanks for all of your guys' help though! Much appreciated.

Michaell

lukeryan said:

Michaell said:

lukeryan said:

kyfdx said:

lukeryan said:

You guys think all-in-all a good deal though? Getting 5K off MSRP.

As noted before, NY collects tax upfront, while CA taxes the monthly payment.
While the money upfront and final payment should be similar, there will be major differences in how the numbers are allocated.

It looks like a decent deal, but I have a hard time believing you couldn't get the same deal in California. There are a couple of BMW dealers out there.

I don't understand why there would be major differences in how numbers are allocated. And even if they are, why would it matter if upfront and final payment are almost identical? Why wouldn't I be able to get same deal in LA?

If you give the NY dealer $5000, it's possible some of that will be used to pay the tax, which is collected up front.

If you give the CA dealer $5000, it's likely that most of that amount will be used as cap reduction.

Our point is that you should be able to get a similar deal in CA.

One other thing - how would you get the car from NY to CA? Ship it? Figure a grand, at least, for those costs. Fly out and drive it back? You'll start your lease with 2500+ miles on your new car.

I guess you're making what should be an easy transaction complicated.

Work with a CA dealer - who knows how many there are between SD and LA? Dozens? One of them may want to sell you that M4 for $5K off sticker.

Wouldn't pay 5K up front if I were leasing in CA. Only $ I would give up front is first month and all DMV fees like you said to do earlier. Have an offer from the broker in NY to cover half of the shipping cost to do the deal.

You're right though. It would be much easier to do the deal somewhere within 200 miles of LA. Just worried I might not get the same deal, or they won't have same inventory. We shall see. The saga continues. Thanks for all of your guys' help though! Much appreciated.

Since I'm a complete stranger on the internet, let me play devil's advocate.

When you're shopping in that price range (heck, anything over $40K is stratospheric to me), you should get exactly what you want - color, options, etc. If you have to go to NY to get that exact car, I can understand that.

But, there are a ton of BMW dealers closer to CA than NY. Is this particular M4 a unicorn? Phoenix, Vegas, San Francisco, Denver, Portland, Seattle - all of those place should have a car similar to the one in NY.

abates1

Can someone feel me if any of these are good deals? I've been shopping around...
I won't have the RF or MF on any of these...

1. 2017 bmw m4
msrp $54,625
$2000 drive off
$648.41/month
15K miles
36 months

2. 2017 porsche macan s
msrp $61,495
$2,352.44 drive off
$833/month
15 k miles
36 months

3. 2017 bmw m4
msrp $79,505
$3,888 drive off
$861/month
10K miles
36 months

kyfdx

abates1 said:

Can someone feel me if any of these are good deals? I've been shopping around...
I won't have the RF or MF on any of these...

1. 2017 bmw m4
msrp $54,625
$2000 drive off
$648.41/month
15K miles
36 months

2. 2017 porsche macan s
msrp $61,495
$2,352.44 drive off
$833/month
15 k miles
36 months

3. 2017 bmw m4
msrp $79,505
$3,888 drive off
$861/month
10K miles
36 months

What is #1? It can't be an M4 with that MSRP.

We would need sale prices, adjusted CAP costs, state and tax rate, even to hazard a guess.

autechpan

What are the current MF and Residuals are for the 2017 M4 Coupe.

36/12k

are they different for 2018 models?

Michaell

autechpan said:

What are the current MF and Residuals are for the 2017 M4 Coupe.

36/12k

are they different for 2018 models?

.00150 and 60% for the 2017

The 2018 4-series lease thread is here:

https://forums.edmunds.com/discussion/44855/bmw/4-series/2018-bmw-4-series-lease-questions#latest

the_yeoman

Any July numbers for the 2017 M4? 36/10K and any incentives?

Thanks!

kyfdx

the_yeoman said:

Any July numbers for the 2017 M4? 36/10K and any incentives?

Thanks!

.00151 MF and 61% residual

No incentive info

jayw7

Any August numbers for 2017 M4 36/10K?
Thank you!

Michaell

jayw7 said:

Any August numbers for 2017 M4 36/10K?
Thank you!

.00151 and 61%

jayw7

As always, thank you for your help. 

judeb1

hi. lease MF and residual for 36/10K M4. and amy incentives.

thanks

kyfdx

judeb1 said:

hi. lease MF and residual for 36/10K M4. and amy incentives.

thanks

.00152 MF and 61% residual
$3000 lease credit.

arb1330

kyfdx said:

hi. lease MF and residual for 36/10K M4. and amy incentives. thanks

.00152 MF and 61% residual $3000 lease credit.

How does the lease credit work? Just cap cost reduction? Can you apply fleet on top of that? Any extra for current BMW lessee?

Michaell

arb1330 said:

kyfdx said:

judeb1 said:

hi. lease MF and residual for 36/10K M4. and amy incentives.

thanks

.00152 MF and 61% residual
$3000 lease credit.

How does the lease credit work? Just cap cost reduction? Can you apply fleet on top of that? Any extra for current BMW lessee?

Yes, cap reduction.

I think fleet will stack - is there still a fleet lease incentive?

No information on loyalty.

arb1330

Michaell said:

kyfdx said:

hi. lease MF and residual for 36/10K M4. and amy incentives. thanks

.00152 MF and 61% residual $3000 lease credit.

How does the lease credit work? Just cap cost reduction? Can you apply fleet on top of that? Any extra for current BMW lessee?

Yes, cap reduction. I think fleet will stack - is there still a fleet lease incentive? No information on loyalty.

$500. Not sure on fleet MF discount - anyone know?

Michaell

arb1330 said:

Michaell said:

arb1330 said:

kyfdx said:

judeb1 said:

hi. lease MF and residual for 36/10K M4. and amy incentives.

thanks

.00152 MF and 61% residual
$3000 lease credit.

How does the lease credit work? Just cap cost reduction? Can you apply fleet on top of that? Any extra for current BMW lessee?

Yes, cap reduction.

I think fleet will stack - is there still a fleet lease incentive?

No information on loyalty.

$500. Not sure on fleet MF discount - anyone know?

The MF fleet discount has been discontinued.

arb1330

Nov numbers when they’re available? 36/10 coupe. Thanks.