2018 BMW 5-series Lease Deals and Prices

kyfdx

goteamblue said:

kyfdx said:

goteamblue said:

Michaell said:

goteamblue said:

acquisition fee on a lease part of drive offs or is it included in the MSRP?

Part of drive offs - or, you can choose to add that amount to the adjusted CAP cost and make it part of the monthly payment.

which way is usually better from a cost perspective?

It doesn't matter, other than it's always better to put the least upfront, as possible.

Technically, it would matter, no? If the aquistion fee is being added to the Adjusted Cap Cost and not the MSRP then you are not getting the benefit of the residual on the aquistion fee and so only paying the MF rate on the aqusition fee which would lead me to believe that it is better to pay it up front rather than rolling it into the loan?

Residual is a percentage of MSRP. What you pay, or don't pay, upfront has no effect.

kyfdx

goteamblue said:

Michaell said:

goteamblue said:

kyfdx said:

goteamblue said:

Michaell said:

goteamblue said:

acquisition fee on a lease part of drive offs or is it included in the MSRP?

Part of drive offs - or, you can choose to add that amount to the adjusted CAP cost and make it part of the monthly payment.

which way is usually better from a cost perspective?

It doesn't matter, other than it's always better to put the least upfront, as possible.

Technically, it would matter, no? If the aquistion fee is being added to the Adjusted Cap Cost and not the MSRP then you are not getting the benefit of the residual on the aquistion fee and so only paying the MF rate on the aqusition fee which would lead me to believe that it is better to pay it up front rather than rolling it into the loan?

And if the car is stolen or totaled during the lease, you don't get that up front money returned to you.

You pays your moneys, you takes your chances.

very good point however i would say that it is not money lost because if the car is stolen or total loss, you still need to pay your remaining lease payments plus the residual value of the vehicle either way. the insurance company is going to pay X amount of dollars for the total loss anyways (and that X dollars is not going to change based on what you owe) and you subtract that from the money you owe...

Most leases (including BMWFS) come with GAP insurance at no extra charge. That changes the equation.

kyfdx

penguincorp said:

Here is the worksheet they gave me, does that help ?

It's only $3500 in rebates. The other $854 is your money out of pocket at signing.

The selling price is the selling price before rebates are deducted.
You have $1880 in upfront charges, besides the first payment.
$925 acquisition -
DMV
Dealer fee?
I'll guess there is some garbage/padding in this number.

The calculations are correct, using the base money factor.

This seems like a pretty good deal, to me.

kyfdx

matt48 said:

Seeking a deal on 530e in 30345.  Dealer gave me attached quote.


Msrp: $63950
Sale price:  $56801 (11% off)
Incentives:  $3000
Residual:  $39009
MF: .00204
Tax rate is 7% on monthly.
Zero drive off I think...worksheet suggests that.
$727/mo

MF is marked up for sure.  I don't need Zero drive off..just 1st month and required fees.

Is 11% off good for the 530e?  Anything else seem off?

Thanks!

11% off minus rebates is good.

It does appear to be ZERO drive off.
The $794 of upfront charges likely includes a $599 dealer fee
The $925 acquisition fee must be added to the CAP cost, though it isn't disclosed.

The money factor of .00206 is marked up the maximum from .00166 base.
Tax is 7% on monthly plus rebates... but, it's collected upfront.

The calculations are correct, though they haven't disclosed the adjusted CAP cost.

Other than the money factor markup, it's a good deal. Without the markup, the payment would drop by about $40/mo.

kyfdx

aviator17 said:

Please let me know 530e xdrive 36/10, MF RV and any incentives in 80302.
Do all dealers use same acquisition fee? then what's the number for it?
Could you please guide me for a good target % off from MSRP before any incentives in my area? (I saw 7% off MSRP was suggested in other posts)
Thank you very much!!

.00166 MF and 61% residual
$925 acquisition fee
7% off then deduct incentives.
$1000 lease credit

lexusdriverx2

Please let me know the incentives and 36/12 on 530xi in 75035.

Does anybody have a name of a good sales guy in Dallas?

Michaell

lexusdriverx2 said:

Please let me know the incentives and 36/12 on 530xi in 75035.

Does anybody have a name of a good sales guy in Dallas?

.00166 and 60%
$1000 lease credit

cymbalchoke

Thanks for this great resource, which is absolutely invaluable.

If given a choice between applying incentives (e.g., lease credit + loyalty) to reduce the cap versus applying the incentives to reduce up front out-of-pocket costs (specifically MSDs), is there one choice that is clearly better than the other? If so, why?

Michaell

cymbalchoke said:

Thanks for this great resource, which is absolutely invaluable.

If given a choice between applying incentives (e.g., lease credit + loyalty) to reduce the cap versus applying the incentives to reduce up front out-of-pocket costs (specifically MSDs), is there one choice that is clearly better than the other? If so, why?

No real difference; since both will result in the same CAP cost, as we recommend rolling in the up front costs to the lease.

And, the MSD program has been discontinued by BMW.

kyfdx

cymbalchoke said:

Thanks for this great resource, which is absolutely invaluable.

If given a choice between applying incentives (e.g., lease credit + loyalty) to reduce the cap versus applying the incentives to reduce up front out-of-pocket costs (specifically MSDs), is there one choice that is clearly better than the other? If so, why?

The rebates have to be used to reduce the CAP.
They can't be used to cover MSDs.

Depending on which state and sales tax situation you have, you could always roll other charges into the CAP, effectively achieving the same goal (other than MSDs).

adamj023

Received a deal thru a dealer who contacted me from Truecar.

2018 BMW 530i xdrive
MF .00166
Cost of vehicle 53595.00 after rebate
MSRP 60,695
Residual 37023

609 a month 10k miles/36 months

Dealer located in NJ, I am in NY.

Tax, doc fee. acquisition, registration and first payment upfront.

I ran invoice numbers and checked promotional lease deal. If i calculated this right, this is below invoice price and including a greater than the posted dealer contribution on the promotional dealer leases, in addition to the 1000 lease rebate.

I came to 55916.00 invoice including 1000 lease rebate and additional contribution from dealer in addition to suggested 2090 as part of promotional lease in my calculations. Dealer has several of the same cars in stock and it was at the end of the month and 2019’s are due in. The promotional factory lease has a 3500.00 downpayment required and a lower MSRP car than this one.

Dealer just gave me this price right away thru Amex Truecar buying service and I asked for promotional lease deals in my first email with the salesperson.

Any further negotiation room here? 2019 are due out as you know and BMW may kick in more incentive to blow out the existing 2018 even if the dealer gets hit with added floor plan fees for next month if I wait this out. They don’t seem to be selling fast.

Michaell

adamj023 said:

Received a deal thru a dealer who contacted me from Truecar.

2018 BMW 530i xdrive
MF .00166
Cost of vehicle 53595.00 after rebate
MSRP 60,695
Residual 37023

609 a month 10k miles/36 months

Dealer located in NJ, I am in NY.

Tax, doc fee. acquisition, registration and first payment upfront.

I ran invoice numbers and checked promotional lease deal. If i calculated this right, this is below invoice price and including a greater than the posted dealer contribution on the promotional dealer leases, in addition to the 1000 lease rebate.

I came to 55916.00 invoice including 1000 lease rebate and additional contribution from dealer in addition to suggested 2090 as part of promotional lease in my calculations. Dealer has several of the same cars in stock and it was at the end of the month and 2019’s are due in. The promotional factory lease has a 3500.00 downpayment required and a lower MSRP car than this one.

Dealer just gave me this price right away thru Amex Truecar buying service and I asked for promotional lease deals in my first email with the salesperson.

Any further negotiation room here? 2019 are due out as you know and BMW may kick in more incentive to blow out the existing 2018 even if the dealer gets hit with added floor plan fees for next month if I wait this out. They don’t seem to be selling fast.

Almost 12% off sticker is a solid discount; you can ask for more, but not likely the dealer will give it to you.

We suggest you roll the doc and acquisition fees into the monthly payment.

adamj023

That is what I figured. I would rather pay fees upfront which reduces interest. I also would like to add additional security deposits to reduce the interest rate as well. Was considering asking for a prepaid lease but as you know I am responsible for the difference at the beginning so I consider it a risk.

Deal had no loyalty which I don’t qualify for or other discounts which may be obtainable. Wasn’t my exact car and I like the 2019 which has more features standard so I’ll see what happens. I will likely wait this out but I see what is possible now. A 2019 would have less depreciation.

kyfdx

adamj023 said:

That is what I figured. I would rather pay fees upfront which reduces interest. I also would like to add additional security deposits to reduce the interest rate as well. Was considering asking for a prepaid lease but as you know I am responsible for the difference at the beginning so I consider it a risk.

Deal had no loyalty which I don’t qualify for or other discounts which may be obtainable. Wasn’t my exact car and I like the 2019 which has more features standard so I’ll see what happens. I will likely wait this out but I see what is possible now. A 2019 would have less depreciation.

1) The amount due at signing isn't detailed. What if the NJ dealer has a $799 doc fee? Find out the exact amount Due at Signing.
2) Basing a decision off what you think is the dealer's cost is not the way to do it. Get competitive quotes.
3) The residuals on the 2018 models are very high, and the discount is good. It's likely that the 2019 model will have higher actual depreciation on a lease quote. (actual, meaning the amount you pay).

adamj023

The fees are all part of the negotiation process as you know. I was contrasting the deal to the manufacturer promotional lease rate and it looks good on the surface. Not ready to make a deal on this car now. I was looking for residual and money factor and monthly payments before tax and fees and required downpayments. The promo lease has the downpayment of 3500 required and this is 0 with lower monthlies before fees kick in, so yes, on certain cars that are left in stock that they have to move, this deal or even maybe a slightly better deal is possible that will agree to waive or reduce fees to sell the car and there are likely ways to get a further discount from BMW like attending BMW events, BMW car club, and the like.

But I did check posted invoice pricing from BMW forums which while unable to tell how accurate they are, if a dealer does agree to lose money to push a car, it does happen and so yes, the floor price is all negotiable regardless of any posted invoice if any other dealer is willing to beat a price further.

A deal like this would run on the lower end of between 7000-8000 a year of payments which is reasonable.

goteamblue

Are August MF and Residual available on a 36/12 and 24/12 for a 2018 530e . Zip code is 90703. Thanks

Michaell

goteamblue said:

Are August MF and Residual available on a 36/12 and 24/12 for a 2018 530e . Zip code is 90703. Thanks

Tomorrow....

sirmovesalot

How is this deal:

540xd MSRP 73600

Sale price 64110

Rebates 3000

MF (slight markup) .00141 after MSDs (dealer claims buy rate went up, whatever).

Cap cost reduction from rebate: 1364

First month payment plus taxes and registration fee and doc fee paid by arrear of rebate.

Monthly payment : $672.xx before tax

Not a demo or punched car.

goteamblue

Any update on August MF and Residual availablity on a 36/12 and 24/12 for a 2018 530e . Zip code is 90703. Thanks

zoombie99

sirmovesalot said:

How is this deal:

540xd MSRP 73600

Sale price 64110

Rebates 3000

MF (slight markup) .00141 after MSDs (dealer claims buy rate went up, whatever).

Cap cost reduction from rebate: 1364

First month payment plus taxes and registration fee and doc fee paid by arrear of rebate.

Monthly payment : $672.xx before tax

Not a demo or punched car.
 
Your dealer lied. The money factor is marked up. Is the sales price before or
after the rebates?

zoombie99

goteamblue said:

Any update on August MF and Residual availablity on a 36/12 and 24/12 for a 2018 530e . Zip code is 90703. Thanks

No change from July according to my dealer. 

zoombie99

adamj023 said:

That is what I figured. I would rather pay fees upfront which reduces interest. I also would like to add additional security deposits to reduce the interest rate as well. Was considering asking for a prepaid lease but as you know I am responsible for the difference at the beginning so I consider it a risk. Deal had no loyalty which I don’t qualify for or other discounts which may be obtainable. Wasn’t my exact car and I like the 2019 which has more features standard so I’ll see what happens. I will likely wait this out but I see what is possible now. A 2019 would have less depreciation.

It is my understanding that residuals are the same currently for 2018 and 2019 models. I think the $1,000 lease credit only applies to 2018.  2019s now have most of the drivers assistance feature as standard equipment. 

goteamblue

Michaell said:

goteamblue said:

Are August MF and Residual available on a 36/12 and 24/12 for a 2018 530e . Zip code is 90703. Thanks

Tomorrow....

Any official numbers?

sirmovesalot

zoombie99 said:

sirmovesalot said:

How is this deal:

540xd MSRP 73600

Sale price 64110

Rebates 3000

MF (slight markup) .00141 after MSDs (dealer claims buy rate went up, whatever).

Cap cost reduction from rebate: 1364

First month payment plus taxes and registration fee and doc fee paid by arrear of rebate.

Monthly payment : $672.xx before tax

Not a demo or punched car.
 
Your dealer lied. The money factor is marked up. Is the sales price before or
after the rebates?

Sales price is before Rebates

cymbalchoke

Michaell said:

Thanks for this great resource, which is absolutely invaluable. If given a choice between applying incentives (e.g., lease credit + loyalty) to reduce the cap versus applying the incentives to reduce up front out-of-pocket costs (specifically MSDs), is there one choice that is clearly better than the other? If so, why?

No real difference; since both will result in the same CAP cost, as we recommend rolling in the up front costs to the lease. And, the MSD program has been discontinued by BMW.

Thanks for the response -- although I'm not sure I completely understand your answer.  First, there are references earlier in this board to the MSD program being reintroduced -- first on the East Coast and later in Northern California at a minimum, at least for those (like me) coming out of a BMW lease in which MSDs were paid.  According to the Bay Area dealer with whom I am working, this is correct -- and MSDs ARE available to me (at an MF reduction of .0005 per MSD, 7 MSDs maximum).

Second, with regard to the question I asked, in the first scenario the incentives are used to reduce the cap cost -- while the MSDs are paid in full out-of-pocket up front.  In the second scenario, the out-of-pocket cost for the MSDs is reduced by the incentives -- but the cap cost stays the same.  To use a concrete example, let's suppose the pre-incentives negotiated cap cost is $59006, the incentives are $3000 total, and the cost per MSD is $650 (such that 7 MSDs will cost $4550).  In scenario 1, the cap cost (used to figure out total depreciation and total interest) will be $56006 -- and the out of pocket for the MSDs will be $4550.  In scenario 2, the out of pocket for the MSDs will be only $1550 -- and the cap cost will remain at $59006.  It seems to me that your answer (i.e., that it makes no difference because both reduce cap cost to the same extent) would be correct if the MSD costs could be rolled up into the cap cost, which I don't think is permitted -- is it?  Am I missing something else? 

kyfdx said:

Thanks for this great resource, which is absolutely invaluable. If given a choice between applying incentives (e.g., lease credit + loyalty) to reduce the cap versus applying the incentives to reduce up front out-of-pocket costs (specifically MSDs), is there one choice that is clearly better than the other? If so, why?

The rebates have to be used to reduce the CAP. They can't be used to cover MSDs. Depending on which state and sales tax situation you have, you could always roll other charges into the CAP, effectively achieving the same goal (other than MSDs).

According to the dealer with whom I am working, the $3000 in incentives can be applied either way -- i.e., either to reduce the negotiated cap OR to reduce the upfront out-of-pocket costs for the MSDs.  I have run the numbers both ways, and it appears that using the $3000 to reduce upfront out-of-pocket costs (and leave the negotiated cap unchanged) will cost ~$3400 more over the course of the 36-month lease than using the $3000 to reduce the cap cost.  On the other hand, if you use the $3000 to reduce the cap cost, it is treated as a downpayment -- and that means you have to pay taxes at the state rate (8.5% in California).  Still, at least in CA, I think using the $3000 incentives to reduce cap cost will save a bit of money.    

cymbalchoke

cymbalchoke said:

 I have run the numbers both ways, and it appears that using the $3000 to reduce upfront out-of-pocket costs (and leave the negotiated cap unchanged) will cost ~$3400 more over the course of the 36-month lease than using the $3000 to reduce
the cap cost.....

My apologies -- that should say "....will cost ~$3400 total, or ~$400 more over the course of the 36-monthe lease than...."

Michaell

goteamblue said:

Any update on August MF and Residual availablity on a 36/12 and 24/12 for a 2018 530e . Zip code is 90703. Thanks

.00166 and 66% / 60%
$500 lease cash

Michaell

zoombie99 said:

adamj023 said:

That is what I figured. I would rather pay fees upfront which reduces interest. I also would like to add additional security deposits to reduce the interest rate as well. Was considering asking for a prepaid lease but as you know I am responsible for the difference at the beginning so I consider it a risk.

Deal had no loyalty which I don’t qualify for or other discounts which may be obtainable. Wasn’t my exact car and I like the 2019 which has more features standard so I’ll see what happens. I will likely wait this out but I see what is possible now. A 2019 would have less depreciation.

It is my understanding that residuals are the same currently for 2018 and 2019 models. I think the $1,000 lease credit only applies to 2018.  2019s now have most of the drivers assistance feature as standard equipment. 


Correct, same MF and residuals for 2018 and 2019 5-series

Michaell

goteamblue said:

Michaell said:

goteamblue said:

Are August MF and Residual available on a 36/12 and 24/12 for a 2018 530e . Zip code is 90703. Thanks

Tomorrow....

Any official numbers?

.00166 and 66% / 60%
$500 lease cash

goteamblue

When is the 2019 530e going to be released?

Michaell

goteamblue said:

When is the 2019 530e going to be released?

No information on that.

EDIT - well, we have lease numbers, so they have to be showing up soon.

iceking

Can you please provide me RV and MF for loaner 2018 BMW 530e with 24/10 and 36/10 for the zip code 38017. Also, if any incentives are available? Appreciate it.

sirmovesalot

sirmovesalot said:

zoombie99 said:

sirmovesalot said:

How is this deal:

540xd MSRP 73600

Sale price 64110

Rebates 3000

MF (slight markup) .00141 after MSDs (dealer claims buy rate went up, whatever).

Cap cost reduction from rebate: 1364

First month payment plus taxes and registration fee and doc fee paid by arrear of rebate.

Monthly payment : $672.xx before tax

Not a demo or punched car.
 
Your dealer lied. The money factor is marked up. Is the sales price before or
after the rebates?

Sales price is before Rebates

Any updates on this deal?

kyfdx

iceking said:

Can you please provide me RV and MF for loaner 2018 BMW 530e with 24/10 and 36/10 for the zip code 38017. Also, if any incentives are available? Appreciate it.

.00166 MF and 67%/61% residual
$1000 lease credit

adamj023

Actual depreciation is always less on a newer car. The manufacturers model their own residuals which in the case of 2018 vs 2019 means if I were to buy the 2019 after lease is up, the 2019 car would be worth more at the same lease buyback price. And one should be able to have more wiggle room in the price on the 2019 as when car is turned in and sold except for the lease buyback price to me, they would get more when the car is actually turned in and resold. It is true leasecash only applies to 2018 however, but the amount is minimal.

Will wait for 2019 to be in stock and compare those to any remaining 2018 which have features I am looking for. The car I priced had minor upgrades and will still be available at end of this month along with the other ones which were the same. Seems to be a slow seller which will require additional incentives.

zoombie99

adamj023 said:

Actual depreciation is always less on a newer car. The manufacturers model their own residuals which in the case of 2018 vs 2019 means if I were to buy the 2019 after lease is up, the 2019 car would be worth more at the same lease buyback price. And one should be able to have more wiggle room in the price on the 2019 as when car is turned in and sold except for the lease buyback price to me, they would get more when the car is actually turned in and resold. It is true leasecash only applies to 2018 however, but the amount is minimal. Will wait for 2019 to be in stock and compare those to any remaining 2018 which have features I am looking for. The car I priced had minor upgrades and will still be available at end of this month along with the other ones which were the same. Seems to be a slow seller which will require additional incentives.

A couple of observations. You will lose the lease credit on a 2019. In addition, why are you leasing if you are planning to buy the car?  I would not want a BMW off warranty. What if the market value is less than the residual value. You would be better off with a CPO. As far as the 2018s are concerned, I am finding few cars around with the options that I want. 

kyfdx

adamj023 said:

Actual depreciation is always less on a newer car. The manufacturers model their own residuals which in the case of 2018 vs 2019 means if I were to buy the 2019 after lease is up, the 2019 car would be worth more at the same lease buyback price. And one should be able to have more wiggle room in the price on the 2019 as when car is turned in and sold except for the lease buyback price to me, they would get more when the car is actually turned in and resold. It is true leasecash only applies to 2018 however, but the amount is minimal.

Will wait for 2019 to be in stock and compare those to any remaining 2018 which have features I am looking for. The car I priced had minor upgrades and will still be available at end of this month along with the other ones which were the same. Seems to be a slow seller which will require additional incentives.

The only depreciation that matters is the depreciation on your lease contract. Actual depreciation may not match the lease program.

Waiting to lease early in the next model year rarely pays off.

You've been warned...

omadao24

Looking for MF, Residual & any incentives (Loyalty, Financingy, Dealer Allowance) on a 2018 540 xDrive in Illinois (60007). 12k & 15k miles per year.

Michaell

omadao24 said:

Looking for MF, Residual & any incentives (Loyalty, Financingy, Dealer Allowance) on a 2018 540 xDrive in Illinois (60007). 12k & 15k miles per year.

36/15
.00166 and 58%
$1000 lease credit

hattri

Hi there,

Could you please share Residual, MF and lease incentives for 2018 530e for 24/10k and 36/10k for 94043?

Thank you so much!
Hitesh

Michaell

hattri said:

Hi there,

Could you please share Residual, MF and lease incentives for 2018 530e for 24/10k and 36/10k for 94043?

Thank you so much!
Hitesh

.00166 and 67% / 61%
$500 lease credit

fedhotel

Can I get MF, Residual and any incentive information for the 530i and 540i - 36/10 and 36/7500 if offered for SoCal 90277...thx!

Michaell

fedhotel said:

Can I get MF, Residual and any incentive information for the 530i and 540i - 36/10 and 36/7500 if offered for SoCal 90277...thx!

10K is the lowest mileage allowance on the 5-series

.00166 and 61% for both
$1000 lease credit

zzz1177

Can I please get the RV and MF (Can you confirm it is 0.00166) for 2018 BMW 5 Series M550i xDrive? Zip 60010? Thanks!

kyfdx

zzz1177 said:

Can I please get the RV and MF (Can you confirm it is 0.00166) for 2018 BMW 5 Series M550i xDrive? Zip 60010? Thanks!

36/15
.00166 MF
58% residual
$1000 lease credit

dv8tor1

Hello,
May I get the MFs and Residuals for a 530e in 92627 please?
12/30 and 12/36
What incentives are available for my area?
Thank you!

kyfdx

dv8tor1 said:

Hello,
May I get the MFs and Residuals for a 530e in 92627 please?
12/30 and 12/36
What incentives are available for my area?
Thank you!

.00166 MF
63%/60% residual
$500 lease credit

zoombie99

solomonshv said:

nykrayz said:

I had 4 payment left of 600 on my 535.   3 waived And 1 absorbed 

it's nice to see a manufacturer actually honor their pull-ahead programs. when I was getting my last car, a 2015 Audi A6, my dealer told me that they will definitely be able to get out of of "at least" 3 payments. well, they lied. they want the whole thing paid off no matter what car i upgraded to.

There is no BMW pull ahead that I know of for the 5 series. I think they built it into the lease payments.

zoombie99

I hope the mods won't mind but I want to remind everyone of a least two discounts/ rebates that everyone should be able to get.

First, you should get a three year membership to BMWCAA and you will get a post delivery check from BMW directly. It has nothing to do with the dealer. Until recently you had to be a member for at least a year but they changed the rules. IT IS FOUND MONEY

https://www.bmwcca.org/vehicle_rebate

Second, join Costco if you are not a member.

They currently have a discount that you should be able to use at any dealer. I am unsure if there are regional restrictions but it works in the NE.


https://www.costcoauto.com/special_offers/

In addition, there are still some ways to get a 1K OL code but those codes are sometimes tricky to get.

zoombie99

badbani said:

Looks like a horrible deal to me but you have to give more details. Also, the mods will tell you not to put that much money down and I agree with them.