2018 BMW 3 Series Lease Deals and Prices

kyfdx

TylDoy13 said:

kyfdx said:

TylDoy13 said:

Can I get MF, RV, and incentives for 320i xdrive. zip is 66216 MSRP of $42,210 w/ sales price of $32,217

TylDoy13 said:

24/10k
36/10k

.00182 MF
66%/60% residual
$3000 lease credit

Also, does the lease credit cover loaners under 5,000 miles?

Yes

kyfdx

smolniy7 said:

kyfdx said:

smolniy7 said:

36/36 340i 2018 please rv and mf
By the way is it zip code where I live or where I pick up the car? 22911 or 28277

36/12
.00182 MF and 60% residual
$3000 lease credit

It's the dealer's location

So, how do I get to 4000 lease credit?
Which dealership closest to North Carolina who gets 4k?
Thanks

It varies by market. Feel free to scroll back and look for ZIP codes that include it.

kyfdx

thegrey said:

Hi, Can I please have the MF, RF and any lease credit for:
2018 330 and 320i
2019 330 and 320i

New Jersey zip code.

thanks

a

What term and mileage?

2019 model discussion is here:
https://forums.edmunds.com/discussion/52226/bmw/3-series/2019-bmw-3-series-lease-deals-and-prices#latest

thegrey

12/36

drm1283

Hello. Can I please have the MF and RF for 2018 330xi in 22304. 36 month with 10k milage.

JimmyMcBob

Hello...please let me have your feedback on this deal (vehicle is in IL, but dealer will write a lease for MI)

2018 330i Touring
Former BMW company car with 6200 miles
MSRP $53,935
Sales price $39,995
RV $27,154
MF 0.00222 (I know, it's high)
Dealer Acquisition Fee $925
36 months / 12K mile lease
Lease, title & doc fee $$675.94 due at signing
First lease payment due at signing $565.85
$564.85 per month inclusive of 6% MI sales tax

kyfdx

thegrey said:

12/36

2018
.00182 MF and 59% residual
$4000 lease credit
Either model

kyfdx

drm1283 said:

Hello. Can I please have the MF and RF for 2018 330xi in 22304. 36 month with 10k milage.

.00182 MF and 60% residual
$3000 lease credit

kyfdx

JimmyMcBob said:

Hello...please let me have your feedback on this deal (vehicle is in IL, but dealer will write a lease for MI)

2018 330i Touring
Former BMW company car with 6200 miles
MSRP $53,935
Sales price $39,995
RV $27,154
MF 0.00222 (I know, it's high)
Dealer Acquisition Fee $925
36 months / 12K mile lease
Lease, title & doc fee $$675.94 due at signing
First lease payment due at signing $565.85
$564.85 per month inclusive of 6% MI sales tax

.00182 MF and 60% residual
With over 5000 miles, you lose 4% on the residual, plus another $0.25 per mile
Also, you lose the lease credit.

With an estimated residual of $28,654 and an adjusted CAP of $40,920, I get $495/mo.+6% tax = $524/mo.
That's including the marked up money factor.

But, their residual is $27,154. I don't know how they are coming up with that. Are you certain on the MSRP? The bottom line of the government window sticker is the only number that matters. Maybe, that includes some dealer installed options.

The residual difference is why my numbers don't match their numbers.

In a general sense, $565/mo. for a $54K MSRP BMW isn't a bad deal... but, it's a loaner. It's supposed to be a killer deal.

drm1283

kyfdx said:

drm1283 said:

Hello. Can I please have the MF and RF for 2018 330xi in 22304. 36 month with 10k milage.

.00182 MF and 60% residual
$3000 lease credit

Thanks! My dealer is quoting me at .00222 MF and around 57% residual. Is there a resource I can use (beyond "someone on the forums told me!" to reference the MF info?

amagift13

I have a new quote that I want to run past the experts.

2018 340xi manual

MSRP: 64,015
Adjusted price: 55,063
Maintenance: 600
Shipping: 1115 (shipping from CO to TN)
Total: 56,778
Tax: 464.77
Title and Acquisition: 963
Net Price: 58,204.97
Cash Down: 2000
Balance: 56,204.97
60% Residual
.00182 MF

36/12: 721

Seems high but maybe not. Thoughts?

y2karnival

Hello, can I get MF and RV on 18 340i xdrive 36/12k for 89117 please?

drm1283

2018 330xi (loaner w 4,920 miles)

MSRP: 49,785
"Internet price": 41,900
Cash Down: 4000
57% Residual
.00222 MF
36/10: $489

I'm turning in my current lease w 3 remaining payments due, which the dealer has marked as "included in the rate".

1) Should my three remaining payments factor into my new lease numbers at all? Since a lease is basically paying for use of the car, it doesn't make much sense to me to continue paying for a car I've already turned in. No?
2) It seems he's milking the MF. I need to negotiate that down.
3) It seems he's claiming the "internet price" is a result of him knocking a bunch off the msrp. Am I wrong in expecting additional cap cost reduction on top of what is already advertised, or is the $41,900 already a good deal?
4) kyfdx let me know there's a $3000 lease credit in my area. Does that subtract from the "internet price" or is it rolled into the existing reduction in msrp?
5) Does the fact that it's a loaner change the residual or MF? Does the $3,000 lease credit not apply to a loaner?

Thanks in advance!

RR20

A few questions as I am new to this forum:

1. Can someone please advise what MF stands for and what is it
2. People keep asking for the MF and residual- can someone please explain how you use those in figuring out what a lease price should be

Lastly, I have received two emails from two different dealerships about a VIP event on Thursday - One Day Sales Event- does anyone have any info on this? are the deals really that good?

drm1283

RR20 said:

A few questions as I am new to this forum:

1. Can someone please advise what MF stands for and what is it
2. People keep asking for the MF and residual- can someone please explain how you use those in figuring out what a lease price should be

Lastly, I have received two emails from two different dealerships about a VIP event on Thursday - One Day Sales Event- does anyone have any info on this? are the deals really that good?

1. MF is money factor, which is basically the leasing term for the interest rate. Money factor is written in decimal form like .00182. To get the interest rate you multiply that number by 2400.
2. MF and residual are both key components of a lease calculation. Low MF is the same as low APR on a finance deal. Higher residual means the car is worth more at the end of the lease, which is beneficial to you.

I suggest googling "negotiating a lease" or looking on Leasehackr for more info.

Michaell

drm1283 said:

kyfdx said:

drm1283 said:

Hello. Can I please have the MF and RF for 2018 330xi in 22304. 36 month with 10k milage.

.00182 MF and 60% residual
$3000 lease credit

Thanks! My dealer is quoting me at .00222 MF and around 57% residual. Is there a resource I can use (beyond "someone on the forums told me!" to reference the MF info?

The MF is marked up the max allowed.

The 57% residual is for 36/15; it's possible the dealer didn't make the adjustment for 10K

Don't try to prove the MF; simply tell them you want the base rate (they know what it is), or you'll find a dealer more accommodating.

drm1283

Michaell said:

drm1283 said:

kyfdx said:

drm1283 said:

Hello. Can I please have the MF and RF for 2018 330xi in 22304. 36 month with 10k milage.

.00182 MF and 60% residual
$3000 lease credit

Thanks! My dealer is quoting me at .00222 MF and around 57% residual. Is there a resource I can use (beyond "someone on the forums told me!" to reference the MF info?

The MF is marked up the max allowed.

The 57% residual is for 36/15; it's possible the dealer didn't make the adjustment for 10K

Don't try to prove the MF; simply tell them you want the base rate (they know what it is), or you'll find a dealer more accommodating.

Well, that's good to know. I thought he and I were "friends"! /s
Does the fact that the car I'm looking at is a loaner effect the residual? Is that maybe where he's getting 57% instead of 60%?

drm1283

I should also point out that the loaner car I'm looking at has 4,920 miles. Given that it's below 5,000 it should still be eligible for the $3,000 lease incentive and 60% residual, right? Is it at 5,000 miles that they lose residual and incentives?

kyfdx

drm1283 said:

I should also point out that the loaner car I'm looking at has 4,920 miles. Given that it's below 5,000 it should still be eligible for the $3,000 lease incentive and 60% residual, right? Is it at 5,000 miles that they lose residual and incentives?

Deduct $1230 from residual to account for the mileage
Divide $1230 by the MSRP to get the percentage residual reduction below 60%.

Yes, if it's below 5000 miles, the residual reduction for mileage is the only adjustment.

drm1283

kyfdx said:

drm1283 said:

I should also point out that the loaner car I'm looking at has 4,920 miles. Given that it's below 5,000 it should still be eligible for the $3,000 lease incentive and 60% residual, right? Is it at 5,000 miles that they lose residual and incentives?

Deduct $1230 from residual to account for the mileage
Divide $1230 by the MSRP to get the percentage residual reduction below 60%.

Yes, if it's below 5000 miles, the residual reduction for mileage is the only adjustment.

When dealing with an "Internet price" on a car, should the $3,000 lease incentive be subtracted from that, or should the buyer understand that $3,000 was part of the discounts that brought the car to that "internet price"? For instance, $49,000 msrp brought down to $41,000 "internet price" available just browsing the website. Should we be able to then knock that to $38,000?

Michaell

drm1283 said:

kyfdx said:

drm1283 said:

I should also point out that the loaner car I'm looking at has 4,920 miles. Given that it's below 5,000 it should still be eligible for the $3,000 lease incentive and 60% residual, right? Is it at 5,000 miles that they lose residual and incentives?

Deduct $1230 from residual to account for the mileage
Divide $1230 by the MSRP to get the percentage residual reduction below 60%.

Yes, if it's below 5000 miles, the residual reduction for mileage is the only adjustment.

When dealing with an "Internet price" on a car, should the $3,000 lease incentive be subtracted from that, or should the buyer understand that $3,000 was part of the discounts that brought the car to that "internet price"? For instance, $49,000 msrp brought down to $41,000 "internet price" available just browsing the website. Should we be able to then knock that to $38,000?

Probably not - often, the prices quoted on the web are for purchase, not lease, and may include different incentives. Ask the dealer for a price valid with the lease.

crundie

First I would like to thank you far all of your help during my car search. It really has been helping.

What should I target as a discount off MSRP for a demo? I am currently at 13%, but think I should go for more. Is there a rule of thumb?

Also, dealer is marking MF up to .00222 and will not budge. He is saying they are not making any money on the car other than the markup on financing, and invoice is 1500 over selling price. Suggestions on what I can ask them to adjust, other than MF, to get the price down?

Here is the deal. By the way it does not yet include a $1000 discount from an OL code :

joeybagadonuts

Looking for residual, MF, and offers for 12/36 - 320i - 11757

Michaell

crundie said:

First I would like to thank you far all of your help during my car search. It really has been helping.

What should I target as a discount off MSRP for a demo? I am currently at 13%, but think I should go for more. Is there a rule of thumb?

Also, dealer is marking MF up to .00222 and will not budge. He is saying they are not making any money on the car other than the markup on financing, and invoice is 1500 over selling price. Suggestions on what I can ask them to adjust, other than MF, to get the price down?

Here is the deal. By the way it does not yet include a $1000 discount from an OL code :

We've always suggested you target 12-15% off MSRP for a demo BMW, so you're in that range.

I suggest you reach out to a second dealer - most dealers will not negotiate against themselves.

Michaell

joeybagadonuts said:

Looking for residual, MF, and offers for 12/36 - 320i - 11757

.00182 and 59%
$4000 lease credit

RR20

Just following up - does anyone know about these special events that are happening at the dealerships tomorrow?

Michaell

RR20 said:

Just following up - does anyone know about these special events that are happening at the dealerships tomorrow?

News to me --- got a link?

RR20

Michaell said:

RR20 said:

Just following up - does anyone know about these special events that are happening at the dealerships tomorrow?

News to me --- got a link?

This is the email I received:

Because we value your business, we wanted to be sure you know about a VIP Sales Event we are hosting this Thursday, December 13th.

If you are still in the market for a New or Pre-owned BMW, you will benefit greatly by attending this event. Our Sales Managers along with BMWUSA have prepared several exclusive offers that will be available this day only:

All in-stock New BMWs are specially priced for this VIP Event.

Special incentives have been placed on 2018 New BMW models.

All Pre-owned BMW inventory has been discounted for Event Day only.

All reasonable offers will be accepted.

Cash allowances are available to pay off your current lease or excess mileage.

Over book value will be offered for your trade.

Michaell

RR20 said:

Michaell said:

RR20 said:

Just following up - does anyone know about these special events that are happening at the dealerships tomorrow?

News to me --- got a link?

This is the email I received:

Because we value your business, we wanted to be sure you know about a VIP Sales Event we are hosting this Thursday, December 13th.

If you are still in the market for a New or Pre-owned BMW, you will benefit greatly by attending this event. Our Sales Managers along with BMWUSA have prepared several exclusive offers that will be available this day only:

All in-stock New BMWs are specially priced for this VIP Event.

Special incentives have been placed on 2018 New BMW models.

All Pre-owned BMW inventory has been discounted for Event Day only.

All reasonable offers will be accepted.

Cash allowances are available to pay off your current lease or excess mileage.

Over book value will be offered for your trade.

Looks like a dealer promotion, not from BMW.

leasehunt

Hi.  I have a sales tax question on a potential 3 lease (please let me know if I should be in a different forum).  I am working with a dealer in another state.  The dealer’s state charges sales tax on incentives and up-front km the value of the car.  My state of residence does not tax incentives but does tax the monthly payment amount.  

I believe that the state of residence tax treatment applies for the monthly payment.  What about for lease cash or loyalty?  Would those be separately taxed?  

Thanks!

Michaell

leasehunt said:

Hi.  I have a sales tax question on a potential 3 lease (please let me know if I should be in a different forum).  I am working with a dealer in another state.  The dealer’s state charges sales tax on incentives and up-front km the value of the car.  My state of residence does not tax incentives but does tax the monthly payment amount.  

I believe that the state of residence tax treatment applies for the monthly payment.  What about for lease cash or loyalty?  Would those be separately taxed?  

Thanks!

Your local tax obligations should apply.

Lease cash and loyalty are incentives; if your state does not tax them, then you should be good.

Can you tell us which two states you are referring to?

kyfdx

leasehunt said:

Hi.  I have a sales tax question on a potential 3 lease (please let me know if I should be in a different forum).  I am working with a dealer in another state.  The dealer’s state charges sales tax on incentives and up-front km the value of the car.  My state of residence does not tax incentives but does tax the monthly payment amount.  

I believe that the state of residence tax treatment applies for the monthly payment.  What about for lease cash or loyalty?  Would those be separately taxed?  

Thanks!

Yeah... tell us which state.

If your state taxes the monthly payment, then it's likely they also tax rebates and other CAP reductions.

thehank

Hi,

I'm looking for residual, MF, and offers for 12/36 - 330i & 340i - 63143

Thanks!

kyfdx

thehank said:

Hi,

I'm looking for residual, MF, and offers for 12/36 - 330i & 340i - 63143

Thanks!

.00182 MF
59%/60% residual for 330/340
$3000 lease credit

pmrgn_18

Michael, how's this deal?
2018 Shadow Sport 330e iPerformance with premium and Convenience upgrades, 18' wheels, and driver assist.

MSRP $53,945
Final sale price $48,000
36/12
MF -- .00182
RV -- 60%
$5,000 lease cash
$1,567 DAS (1st pmt, registration, tax on lease cash)
Mo pmt -- $433----- $466 w/tax

pmrgn_18

I didn't include the acquisition fee so payments are $454/$490

Michaell

pmrgn_18 said:

Michael, how's this deal?
2018 Shadow Sport 330e iPerformance with premium and Convenience upgrades, 18' wheels, and driver assist.

MSRP $53,945
Final sale price $48,000
36/12
MF -- .00182
RV -- 60%
$5,000 lease cash
$1,567 DAS (1st pmt, registration, tax on lease cash)
Mo pmt -- $433----- $466 w/tax

Yeah, that's a great deal.

You taking it?

Michaell

pmrgn_18 said:

I didn't include the acquisition fee so payments are $454/$490

Still, a great deal, relative to MSRP.

maxcortsx

Hi, looking for Rv and MF on a

320i, 12k/15k, 24
340i, 12k/15k, 24
zip=94555

also, what are the incentives on each of these for this month?

kyfdx

maxcortsx said:

Hi, looking for Rv and MF on a

320i, 12k/15k, 24
340i, 12k/15k, 24
zip=94555

also, what are the incentives on each of these for this month?

24/15
.00182 MF
63%/64% residual for 320/340
$3000 lease credit

36/15 residuals are just 6% lower, and the payment will go way down.

pmrgn_18

Hi Michael, yes, I'm taking it. Signing papers today. Appreciate your help through the process.

patel1283

Hi,

MF, RV, and incentives for 2018 340i for 24/10 and 36/10? Zip code 36117

Thanks!

kyfdx

patel1283 said:

Hi,

MF, RV, and incentives for 2018 340i for 24/10 and 36/10? Zip code 36117

Thanks!

.00182 MF
67%/61% residual
$3000 lease credit

patel1283

kyfdx said:

patel1283 said:

Hi,

MF, RV, and incentives for 2018 340i for 24/10 and 36/10? Zip code 36117

Thanks!

.00182 MF
67%/61% residual
$3000 lease credit

Is there an increased incentive for zip code 30096?

Db20

kyfdx said:

jrue24 said:

Looking for info on a 330e in 30345
24/12
36/12
Any incentives? 
Thank you. 

.00182 MF
66%/60% residual
$5000 lease credit

Hi, wanted see if the MF, RV and incentives are the same for FL (33301). Im looking at 36/10k. Any thing new for December?

Thanks again for your help. You guys are great.

mirzaik

Hello, 

I'm looking for RV and MF for 60137 on a 320xi for 24mo/10k, 24mo/12k. Also same mileages for 36mo.

Any incentives?

Thanks! 

Michaell

patel1283 said:

kyfdx said:

patel1283 said:

Hi,

MF, RV, and incentives for 2018 340i for 24/10 and 36/10? Zip code 36117

Thanks!

.00182 MF
67%/61% residual
$3000 lease credit

Is there an increased incentive for zip code 30096?

$4000 lease credit for 30096

Michaell

Db20 said:

kyfdx said:

jrue24 said:

Looking for info on a 330e in 30345
24/12
36/12
Any incentives? 
Thank you. 

.00182 MF
66%/60% residual
$5000 lease credit

Hi, wanted see if the MF, RV and incentives are the same for FL (33301). Im looking at 36/10k. Any thing new for December?

Thanks again for your help. You guys are great.

.00182 and 67% / 61%

The incentives seem to be missing for South Florida. I'm sure there are some, just don't know what size.

Michaell

mirzaik said:

Hello, 

I'm looking for RV and MF for 60137 on a 320xi for 24mo/10k, 24mo/12k. Also same mileages for 36mo.

Any incentives?

Thanks! 

12K
.00182 and 65% / 59%
$4000 lease credit

VC_GS350

Hi Michaell,

I am looking for the MF, RV and incentives for the 330i and 330e iperformance for a 36/12 lease in ZIP 93063.

Thanks for your help.