2017 BMW M4 Coupe and Convertible Leasing Questions

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.

kyfdx

arb1330 said:

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

.00152 MF and 57% residual
$3000 lease credit

arb1330

Dec numbers 36/10 coupe?

Michaell

arb1330 said:

Dec numbers 36/10 coupe?

.00152 and 57%
$3000 lease credit

arb1330

Jan numbers, 36/10 coupe?

Michaell

arb1330 said:

Jan numbers, 36/10 coupe?

.00152 and 57%
$3000 lease credit

bruinsnation

Hi! Could I get the Jan numbers for a 2018 M4 Convertable? 24/10 and 24/12. Also any incentives?

Thanks so much1

Michaell

bruinsnation said:

Hi! Could I get the Jan numbers for a 2018 M4 Convertable? 24/10 and 24/12. Also any incentives?

Thanks so much1

The 2018 M4 lease thread can be found here:
https://forums.edmunds.com/discussion/45926/bmw/m4/2018-bmw-m4-lease-deals-and-prices#latest