2020 BMW 3-Series Lease Deals and Prices

Nj722

Hi,
Can I please get June 36/10k ,MF, residuals, incentives/rebates for 330 x drive , zip 07601? Im about to close a deal need the above to verify.
Thanks

Michaell

kalien34 said:

kyfdx said:

kalien34 said:

kyfdx said:

kalien34 said:

kalien34 said:

Please help me understand this quote. What I don't understand is the 3 tax numbers highlighted. I understand the state taxes on monthly payment amount, and by my calculation the monthly payment before tax should be $688~, and that comes to $2,400~ in total for tax (9.5% tax rate), which is way lower than the stated $3,000~ number.

Forgot to mention: MSRP is $69,185.

You pay extra taxes in Chicago, in addition to the state sales tax.

Illinois tax is collected upfront. 7.2%? (Chicago and Cook County also have some upfront sales taxes)

Then, the City of Chicago applies a 9% tax to each payment

I understand some taxes are collected up front and hence included in cap cost. But I can't come close to 3k in upfront taxes amount...

783.46 X 36 = $28204 + $3000 rebate = $31204 X .0725 = $2262 in state tax, upfront
$270 is upfront Chicago tax on the rebate
The Chicago and Cook County taxes are upfront taxes on the vehicle. (on total amount of lease payments)

Then, the City of Chicago taxes the lease payment monthly, an additional 9% of the payment.

About 18.5% tax on the sum of payments.

It sucks to lease a car in Chicago.

Thanks, but how is the monthly $783.46 determined? Coz my calculated monthly payment using MSRP $69.185, sell price $60,991, rebates $3,000, MF 0.00118 and 60% RV was only $688, before any taxes. This is where I don't understand.

Because the selling price isn't the number used to calculate the payment - it's the adjusted cap cost, which includes all the taxes.

Michaell

Nj722 said:

Hi,
Can I please get June 36/10k ,MF, residuals, incentives/rebates for 330 x drive , zip 07601? Im about to close a deal need the above to verify.
Thanks

.00118 and 60%
$750 lease credit

Nj722

Michaell said:

Nj722 said:

Hi,
Can I please get June 36/10k ,MF, residuals, incentives/rebates for 330 x drive , zip 07601? Im about to close a deal need the above to verify.
Thanks

.00118 and 60%
$750 lease credit

Thanks a lot

Mattlar

Hi can you please provide residual, money factor and incentives for m340xdrive , 11803. 36/10

Thank you

Michaell

Mattlar said:

Hi can you please provide residual, money factor and incentives for m340xdrive , 11803. 36/10

Thank you

.00118 and 60%
$1000 lease credit

rpc31

Good afternoon everyone! Can you please provide residual, money factor, and incentives (including competitive lease if available) for a 2020 330i xDrive courtesy/loaner with 3,855 miles? Thank you in advance! Happy Sunday! Zip Code 02671, 36/10 please

Michaell

rpc31 said:

Good afternoon everyone! Can you please provide residual, money factor, and incentives (including competitive lease if available) for a 2020 330i xDrive courtesy/loaner with 3,855 miles? Thank you in advance! Happy Sunday! Zip Code 02671, 36/10 please

.00118 and 60%
$750 lease cash
$1000 conquest

Subtract .25/mile from the residual for the existing miles

mdul4602

Hello! I am looking to lease a new 2020 330i xdrive with m sport package. Can you please let me know if these numbers look good?

Here are the numbers from the dealer:
MSRP: $53,095
10% Discount: $5,309.5
Lease Credit: $750
Loyalty Rebate: $1,000
Net sales price: $46,035.5
Residual: 60%
Money Factor: .00118
Monthly Payment: $540 including tax
$0 down. Bank, title, registration and doc. fee upfront.
36/10k
Zip code: 11746

Thanks

Michaell

mdul4602 said:

Hello! I am looking to lease a new 2020 330i xdrive with m sport package. Can you please let me know if these numbers look good?

Here are the numbers from the dealer:
MSRP: $53,095
10% Discount: $5,309.5
Lease Credit: $750
Loyalty Rebate: $1,000
Net sales price: $46,035.5
Residual: 60%
Money Factor: .00118
Monthly Payment: $540 including tax
$0 down. Bank, title, registration and doc. fee upfront.
36/10k
Zip code: 11746

Thanks

What is the tax rate?

Using the MSRP and net sales price, I get $486/mo, before tax. Pretty sure the tax rate in NY isn't 10% or higher.

Also, ask for the itemization of the up front amounts and the adjusted cap cost the dealer is using for their quote, and how they arrived at that number from the net sales price.

mdul4602

Sure! Tax rate is 8.625%. Also, $1,750 in rebate is taxed as well.

Michaell

mdul4602 said:

Sure! Tax rate is 8.625%. Also, $1,750 in rebate is taxed as well.

When I take the tax into account, the payment goes to $534/mo.

Pretty close to the dealer quote.

mdul4602

Thank you, Michaell!

TemjinX2

Hi, can I please have the residual, money factor, and incentives (including competitive lease if available) for a 2020 330i rwd zip 89081 36/12k

kyfdx

TemjinX2 said:

Hi, can I please have the residual, money factor, and incentives (including competitive lease if available) for a 2020 330i rwd zip 89081 36/12k

.00118 MF and 59% residual
$750 lease credit
$1000 conquest

Kirstie_H

If you appreciate the information provided in our forums, could you help us by taking this 2-question survey? It will take less than a minute of your time: https://www.surveymonkey.com/r/edmunds-forums-survey. Thanks for your help!

AZG450

Looking at a 330i Courtesy Loaner. 36/12 residual and mf 85259 please

kyfdx

AZG450 said:

Looking at a 330i Courtesy Loaner. 36/12 residual and mf 85259 please

What is the current odometer reading?

Ksanay

Hello looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer at 3.5k) 36/12 in 91730

Michaell

Ksanay said:

Hello looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer at 3.5k) 36/12 in 91730

.00118 and 59%
$750 lease credit

Subtract .25/mile from the residual to account for the loaner miles.

blackstoneesq

60015
330i xdrive sedan
36/15
Incentives? Conquest?

Thanks.

kyfdx

blackstoneesq said:

60015
330i xdrive sedan
36/15
Incentives? Conquest?

Thanks.

.00118 MF and 57% residual
$750 lease credit
$1000 conquest

mac529

Hey there, looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer 4713) 36/10 in 75219. Thanks so much

kyfdx

mac529 said:

Hey there, looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer 4713) 36/10 in 75219. Thanks so much

.00118 MF and 60% residual
$750 lease credit

Subtract $0.25/mile from the calculated residual, to account for current odometer.

KD123

Hi there, help would be appreciated, on a 2020 M 330i Executive car w/4927 miles in are code 02333, looking for MF, Residual, And any lease credits, conquest rebates available. Thanks in advance!!

Michaell

KD123 said:

Hi there, help would be appreciated, on a 2020 M 330i Executive car w/4927 miles in are code 02333, looking for MF, Residual, And any lease credits, conquest rebates available. Thanks in advance!!

36/15
.00118 and 57%
$750 lease credit
$1000 conquest

Subtract .25/mile to account for the current odometer reading.

holmeyjoe1017

Hello All! Can I trouble you for a 330i Xdrive MSport Package
36/12k
36/10k
Zip: 01752
Thanks!

Michaell

holmeyjoe1017 said:

Hello All! Can I trouble you for a 330i Xdrive MSport Package
36/12k
36/10k
Zip: 01752
Thanks!

36/12
.00118 and 59%
$750 lease credit

andrade02

Hello! Can I please have the base money factor, residual, and any incentives for:
2020 M340i (loaner)
Mileage: 4215
36/10k
94551

Thank you!

KD123

Sorry Michaell, would anything change if it was 36 months, 10k a year instead of 15k a year?? Thanks for the help!!!

Michaell

KD123 said:

Sorry Michaell, would anything change if it was 36 months, 10k a year instead of 15k a year?? Thanks for the help!!!

Add 3% to residual

Michaell

andrade02 said:

Hello! Can I please have the base money factor, residual, and any incentives for:
2020 M340i (loaner)
Mileage: 4215
36/10k
94551

Thank you!

.00118 and 60%, less .25/mile for the existing odometer reading
$750 lease credit

osotnikov

Hey guys,

I am interested in information of MF/RV (June) for 2020 BMW 3 series sedan. Zip code is 78726. Thanks.

Sincerely,
Oleh

Michaell

osotnikov said:

Hey guys,

I am interested in information of MF/RV (June) for 2020 BMW 3 series sedan. Zip code is 78726. Thanks.

Sincerely,
Oleh

Which engine?

osotnikov

@Michaell 2.0L 4-cyl

andrade02

Michaell said:

andrade02 said:

Hello! Can I please have the base money factor, residual, and any incentives for:
2020 M340i (loaner)
Mileage: 4215
36/10k
94551

Thank you!

.00118 and 60%, less .25/mile for the existing odometer reading
$750 lease credit

Thanks Michaell! Any difference on incentives if it's a new 2020 M340i (36/10k) instead in area code 92264?

KUA2

kyfdx said:

KUA2 said:

Hi, I'm looking for the current MF, RV, and incentives on the 2020 M340i xDrive for a 36/10 lease. The zip code is 20852. Also, how much off msrp should I aim for now that the car has been out for some time? Is 12% reasonable? Thanks in advance.

.00118 MF and 60% residual
$1000 lease credit

Edmunds price tools:
https://www.edmunds.com/new-cars/

Can I also get the MF, RV, and lease/loyalty incentives on the M340i for the zip code 22304? 36/10

kyfdx

osotnikov said:

Hey guys,

I am interested in information of MF/RV (June) for 2020 BMW 3 series sedan. Zip code is 78726. Thanks.

Sincerely,
Oleh

osotnikov said:

@Michaell 2.0L 4-cyl

36/15
.00118 MF and 57% residual
$750 lease credit

kyfdx

andrade02 said:

Michaell said:

andrade02 said:

Hello! Can I please have the base money factor, residual, and any incentives for:
2020 M340i (loaner)
Mileage: 4215
36/10k
94551

Thank you!

.00118 and 60%, less .25/mile for the existing odometer reading
$750 lease credit

Thanks Michaell! Any difference on incentives if it's a new 2020 M340i (36/10k) instead in area code 92264?

Same numbers
The lease credit is $1000, in either case

kyfdx

KUA2 said:

kyfdx said:

KUA2 said:

Hi, I'm looking for the current MF, RV, and incentives on the 2020 M340i xDrive for a 36/10 lease. The zip code is 20852. Also, how much off msrp should I aim for now that the car has been out for some time? Is 12% reasonable? Thanks in advance.

.00118 MF and 60% residual
$1000 lease credit

Edmunds price tools:
https://www.edmunds.com/new-cars/

Can I also get the MF, RV, and lease/loyalty incentives on the M340i for the zip code 22304? 36/10

Same

snicker85

Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!

Michaell

snicker85 said:

Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!

36/12
.00118 and 59%
$750 lease credit

snicker85

Michaell said:

snicker85 said:

Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!

36/12
.00118 and 59%
$750 lease credit

Thanks! Any difference for 36/10K?

quicklyish

Can I please have the MF, RV, and incentives/credits for a 2020 M340i x-drive for both 36mo/10k and 36/12k lease in 80203? TIA for your help!!

snicker85

BMW 330 X drive, loaner vehicle, about 4200 miles

Lease 36 months / 10 K miles
Zip 19103

MSRP: 49715
Discount: 5000
Selling price: 44715
Corporate discount incentive: 2000

MF: 0.0018
Residual value: 60% (29829)

Upfront costs: 2126, includes first month, dealers fees, registration etc

Monthly price: 520 including tax (9% tax rate)

I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!

kyfdx

snicker85 said:

Michaell said:

snicker85 said:

Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!

36/12
.00118 and 59%
$750 lease credit

Thanks! Any difference for 36/10K?

60%

kyfdx

quicklyish said:

Can I please have the MF, RV, and incentives/credits for a 2020 M340i x-drive for both 36mo/10k and 36/12k lease in 80203? TIA for your help!!

36/12
.00118 MF and 59% residual
$1000 lease credit

kyfdx

snicker85 said:

BMW 330 X drive, loaner vehicle, about 4200 miles

Lease 36 months / 10 K miles
Zip 19103

MSRP: 49715
Discount: 5000
Selling price: 44715
Corporate discount incentive: 2000

MF: 0.0018
Residual value: 60% (29829)

Upfront costs: 2126, includes first month, dealers fees, registration etc

Monthly price: 520 including tax (9% tax rate)

I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!

Are you sure the MF isn't .00118?

snicker85

kyfdx said:

snicker85 said:

BMW 330 X drive, loaner vehicle, about 4200 miles

Lease 36 months / 10 K miles
Zip 19103

MSRP: 49715
Discount: 5000
Selling price: 44715
Corporate discount incentive: 2000

MF: 0.0018
Residual value: 60% (29829)

Upfront costs: 2126, includes first month, dealers fees, registration etc

Monthly price: 520 including tax (9% tax rate)

I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!

Are you sure the MF isn't .00118?

Sorry that was a typo, you're correct. MF of 0.00118

kyfdx

snicker85 said:

kyfdx said:

snicker85 said:

BMW 330 X drive, loaner vehicle, about 4200 miles

Lease 36 months / 10 K miles
Zip 19103

MSRP: 49715
Discount: 5000
Selling price: 44715
Corporate discount incentive: 2000

MF: 0.0018
Residual value: 60% (29829)

Upfront costs: 2126, includes first month, dealers fees, registration etc

Monthly price: 520 including tax (9% tax rate)

I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!

Are you sure the MF isn't .00118?

Sorry that was a typo, you're correct. MF of 0.00118

Are you getting $5000 off, then another $2000 for corporate?
What about the $750 lease credit?

Is the dealer in PA? I'd want an itemization of the $2126 upfront.