2020 BMW 2-Series Lease Deals and Prices

kyfdx

Ask your 2020 2-Series lease questions here! Get info about prices, money factor, deals, incentives, and payments.

Check out the 2020 BMW 2-Series here.

NYmotoring

Inquiring about 2020 M240i June lease numbers (money factor & residual) for a 36/12 zip 10703. Any lease credit or dealer contributions? Thanks!

kyfdx

NYmotoring said:

Inquiring about 2020 M240i June lease numbers (money factor & residual) for a 36/12 zip 10703. Any lease credit or dealer contributions? Thanks!

.00165 MF
53%/54% residual for coupe/convertible
$2000 lease credit

koorb

MF, RV and incentives for a M240i xdrive coupe, 10k/36 for 77840
Many thanks

kyfdx

koorb said:

MF, RV and incentives for a M240i xdrive coupe, 10k/36 for 77840
Many thanks

.00165 MF and 54% residual
$2000 lease credit

NYmotoring

Thanks. A dealership in Spring Valley, NJ is claiming RV (June) for M240i is 52% not 53% on a 36/12k...is this correct? I can't get Edmunds TMV for a 2020 M240i yet so I haven't negotiated a price with them. I can't really find pricing for the 2020 anywhere yet including Truecar. It seems their offer is the same as on the BMW website. Looking for a decent deal on the following build:

2020 M240i (Long Beach Blue $550, Coral Red Dakota Leather $1,450, Heated front seats $500, Heated steering wheel $190)
- Destination & Handling $995
- Total MSRP $49,485

MF- .00165
Zip 10703

What's the monthly I'm looking at with everything rolled in (including taxes). Thanks for the help!

Michaell

NYmotoring said:

Thanks. A dealership in Spring Valley, NJ is claiming RV (June) for M240i is 52% not 53% on a 36/12k...is this correct? I can't get Edmunds TMV for a 2020 M240i yet so I haven't negotiated a price with them. I can't really find pricing for the 2020 anywhere yet including Truecar. It seems their offer is the same as on the BMW website. Looking for a decent deal on the following build:

2020 M240i (Long Beach Blue $550, Coral Red Dakota Leather $1,450, Heated front seats $500, Heated steering wheel $190)
- Destination & Handling $995
- Total MSRP $49,485

MF- .00165
Zip 10703

What's the monthly I'm looking at with everything rolled in (including taxes). Thanks for the help!

I confirm 53%
$2000 lease credit

What is the selling price?

NYmotoring

Their initial offer for a M240i:
Total msrp of $49,485
Lease: 36/12k
RV: 52% (so they claim)
MF: .00165

Monthly with everything rolled in (including taxes) - $679, $1,200 due at signing

I didn't officially negotiate a selling price yet but it seems their initial offer puts the net cap cost at about $44,500 right? Thanks again 

Michaell

NYmotoring said:

Their initial offer for a M240i:
Total msrp of $49,485
Lease: 36/12k
RV: 52% (so they claim)
MF: .00165

Monthly with everything rolled in (including taxes) - $679, $1,200 due at signing

I didn't officially negotiate a selling price yet but it seems their initial offer puts the net cap cost at about $44,500 right? Thanks again 

You should always negotiate the selling price, and understand everything that goes into the dealer offer.

I get a cap cost closer to $46K to get that payment.

Alternate information does show 52% for 36/12 on the M240i

$2000 lease credit

NYmotoring

Yes, absolutely...I will be negotiating the selling price soon. I'm waiting on edmunds TMV or some Truecar prices for starting points. I asked for a screen shot of the lease worksheet for their initial offer to see the net cap cost and details of the lease. Waiting on their response. Appreciate the help

NYmotoring

Hi Michaell...this is the initial offer they sent me (see attachment) Can you take a look at the Net Cap Cost and let me know what you think?
Email from the dealer:

MSRP of my build: $49,485
Net Cap Cost: $42,699.50
Estimated NYS DMV fees: $189
Doc fee: $75
NYS Registration: $10
NYS Tire waste fee: $10
NYS Rebate Tax (must be paid up front): $246
First payment $679

$1,200 due at signing

I want to put $0 down and roll everything into the monthly including tax and acquisition fee (36/12, RV: 52%, MF: .00165 tax: 8.875%). Going by their numbers does this seem about right and is it a good deal?

Would 10k mileage/year be about $650/month? Thanks for the help and time

Michaell

NYmotoring said:

Hi Michaell...this is the initial offer they sent me (see attachment) Can you take a look at the Net Cap Cost and let me know what you think?
Email from the dealer:

MSRP of my build: $49,485
Net Cap Cost: $42,699.50
Estimated NYS DMV fees: $189
Doc fee: $75
NYS Registration: $10
NYS Tire waste fee: $10
NYS Rebate Tax (must be paid up front): $246
First payment $679

$1,200 due at signing

I want to put $0 down and roll everything into the monthly including tax and acquisition fee (36/12, RV: 52%, MF: .00165 tax: 8.875%). Going by their numbers does this seem about right and is it a good deal?

Would 10k mileage/year be about $650/month? Thanks for the help and time

In NY, we actually recommend not adding the tax to the cap cost, as you'll pay tax on it a second time. But, the acquisition and doc fees, yes, add those into the payment.

10K add 1% to the residual, so about $10-15/mo less on the payment.

Quote looks to be about right.

If you're comfortable with the pre-incentive discount from sticker, I don't see anything wrong. Base MF, no egregious fees.

NYmotoring

Many thanks for the timely responses. I'm assuming the "Discount" of $2,315 listed in the lease worksheet that I attached is their selling price offer off of MSRP ($49,485). So if I decided to purchase the car instead of leasing it they are offering a price of $47,170 (prior to any negotiating)? Then for the lease the "rebate" takes off another $4,500?

Could I really do any better in negotiating the selling price? When I look up Edmunds TMV for a 2019 M240i (2020 pricing isn't available yet) the TMV currently is only about $948 below MSRP (2019 M240i MSRP $49,485 - Edmunds TMV $48,537 = $948 discount).
For the 2020 it seems the dealer is $2,315 below MSRP. Unless this discount in the lease worksheet is referring to something else? Sorry for all the questions...appreciate the help!

kyfdx

NYmotoring said:

Many thanks for the timely responses. I'm assuming the "Discount" of $2,315 listed in the lease worksheet that I attached is their selling price offer off of MSRP ($49,485). So if I decided to purchase the car instead of leasing it they are offering a price of $47,170 (prior to any negotiating)? Then for the lease the "rebate" takes off another $4,500?

Could I really do any better in negotiating the selling price? When I look up Edmunds TMV for a 2019 M240i (2020 pricing isn't available yet) the TMV currently is only about $948 below MSRP (2019 M240i MSRP $49,485 - Edmunds TMV $48,537 = $948 discount).
For the 2020 it seems the dealer is $2,315 below MSRP. Unless this discount in the lease worksheet is referring to something else? Sorry for all the questions...appreciate the help!

Yes, $2315 looks like the discount they are offering. That is a little less than 5%. Typically, you could do better than that with some negotiation, but prices might still be a little stiff on a 2020 model.

But, if you decide to buy it, you should definitely attempt to negotiate a lower price.
Of course, you won't have the $925 acquisition fee if you purchase.

Tuce

Hello! Could you please provide the MF, RV and any incentives (including loyalty if applicable) for the 2020 M2 Competition. 36/10. Zip 10003. Thank you.

kyfdx

Tuce said:

Hello! Could you please provide the MF, RV and any incentives (including loyalty if applicable) for the 2020 M2 Competition. 36/10. Zip 10003. Thank you.

.00165 MF and 53% residual
No lease incentives
No loyalty

Skcraynor

What is the mf/res/incentives for 230i in 33401 zip code? 36/10, 36/12, 48/10 and 48/12. Thank you!

Michaell

Skcraynor said:

What is the mf/res/incentives for 230i in 33401 zip code? 36/10, 36/12, 48/10 and 48/12. Thank you!

Nothing longer than 36 months supported by BMW

36/12
.00165 and 52%
$2000 lease credit

Skcraynor

Michaell said:

Skcraynor said:

What is the mf/res/incentives for 230i in 33401 zip code? 36/10, 36/12, 48/10 and 48/12. Thank you!

Nothing longer than 36 months supported by BMW

36/12
.00165 and 52%
$2000 lease credit

Thanks! Assuming that 36/10 is 53%?

kyfdx

Skcraynor said:

Michaell said:

Skcraynor said:

What is the mf/res/incentives for 230i in 33401 zip code? 36/10, 36/12, 48/10 and 48/12. Thank you!

Nothing longer than 36 months supported by BMW

36/12
.00165 and 52%
$2000 lease credit

Thanks! Assuming that 36/10 is 53%?

New programs started today
Money factor is now .00145

Yes, +1% for 10K/yr

Sam_Jay

Hi Guys,

What's the MF, Residual and lease credits for a 2020 BMW 230 and 240 Coupe both RWD and AWD. Zip 75070

Thanks a lot!

Michaell

Sam_Jay said:

Hi Guys,

What's the MF, Residual and lease credits for a 2020 BMW 230 and 240 Coupe both RWD and AWD. Zip 75070

Thanks a lot!

I see you are asking for a whole bunch of numbers.

May I suggest that you do some shopping and test drives to narrow down the cars you are interested in, then request numbers?

If you're trying to shop a deal, I've learned that doesn't always work, as lots of folks select cars that they are unhappy with.

Sam_Jay

Thanks for your feedback Michaell. I have had the chance to drive all of them either through past ownership or rentals (of course except the 2020 models). My current situation is a bit different now, that is why I have a range of selection from Corolla up to Nissan Armada. Depending how the numbers work out for me, I can opt for any of these cars. I would appreciate your help with these numbers.

Michaell

Sam_Jay said:

Thanks for your feedback Michaell. I have had the chance to drive all of them either through past ownership or rentals (of course except the 2020 models). My current situation is a bit different now, that is why I have a range of selection from Corolla up to Nissan Armada. Depending how the numbers work out for me, I can opt for any of these cars. I would appreciate your help with these numbers.

We moderators simply do not have the bandwidth to answer questions from someone who's not entirely sure what they are looking for. We address upwards of 200-300 requests per day for numbers and when one person comes in and requests several dozen numbers all on their own, we have to prioritize where we focus our efforts.

I hope you understand our position.

Sam_Jay

Michaell,

I'm not trying to get into trouble here as I like this service and I appreciate what you do for free. I confess that I misused the system and didn't respect others with their requests. The information you have provided should tremendously help me.

Thank You,

Michaell

Sam_Jay said:

Michaell,

I'm not trying to get into trouble here as I like this service and I appreciate what you do for free. I confess that I misused the system and didn't respect others with their requests. The information you have provided should tremendously help me.

Thank You,

If you can narrow down your search a bit, we'd be more than happy to help.

When you request numbers from compact sedans to XL-sized SUV's, you have to admit it looks a bit suspicious.

Sam_Jay

Agreed! I now have narrowed down the list to only Civic Si, Sportage SX and BMW 430. I see good value in these vehicles, even though they all are in different classes. I do however have a general question. Judging by other posts, it appears that MF, Residual and incentives are different from state-to-state (and even city-to-city) for most manufactures. Obviously I will most likely end up negotiating further with only two or three of these dealers. Would it be acceptable to include these two or three zip-codes in one request?

Thanks,

Michaell

Sam_Jay said:

Agreed! I now have narrowed down the list to only Civic Si, Sportage SX and BMW 430. I see good value in these vehicles, even though they all are in different classes. I do however have a general question. Judging by other posts, it appears that MF, Residual and incentives are different from state-to-state (and even city-to-city) for most manufactures. Obviously I will most likely end up negotiating further with only two or three of these dealers. Would it be acceptable to include these two or three zip-codes in one request?

Thanks,

Provide us with the dealer zip code for your requests in those model specific threads and we'll go from there.

DaFryinPam

Hello everyone. I'm looking at a 230ix Coupe in the 08690 zip code.

I was quoted at 38k.

3k down 555 a month for 36 months, 12k miles a year. It seems a bit high to me, but I wanted to check with the professionals.

Michaell

DaFryinPam said:

Hello everyone. I'm looking at a 230ix Coupe in the 08690 zip code.

I was quoted at 38k.

3k down 555 a month for 36 months, 12k miles a year. It seems a bit high to me, but I wanted to check with the professionals.

.00145 and 52%
$2000 lease credit

What is the MSRP?

Shemaiah

Hi,

Can I please get the MF and RV on a 2020 BMW 2 Series 230i xDrive Convertible in zip code 44022 along with any lease cash and loyalty there may be?

Thanks in advance!

Michaell

Shemaiah said:

Hi,

Can I please get the MF and RV on a 2020 BMW 2 Series 230i xDrive Convertible in zip code 44022 along with any lease cash and loyalty there may be?

Thanks in advance!

36/15
.00145 and 50%
$2000 lease credit
$750 loyalty

Cent_12

May I get the MF and RV for the 2020 BMW 2-Series, for area 92108. And if there's a lease credit, I couldn't find it??

Appreciate it!

kyfdx

Cent_12 said:

May I get the MF and RV for the 2020 BMW 2-Series, for area 92108. And if there's a lease credit, I couldn't find it??

Appreciate it!

Coupe or convertible?
30i or 40i?

Cent_12

Coupe 230i

Thanks!

kyfdx

Cent_12 said:

May I get the MF and RV for the 2020 BMW 2-Series, for area 92108. And if there's a lease credit, I couldn't find it??

Appreciate it!

Cent_12 said:

Coupe 230i

Thanks!

36/15
.00145 MF and 50% residual
$2000 lease credit

EdgarVa

Hello, may I please have the MF, RV and incentives for a 36/10k lease on a 2020 BMW 2-Series 240i coup in 19096?
Thank you.

Michaell

EdgarVa said:

Hello, may I please have the MF, RV and incentives for a 36/10k lease on a 2020 BMW 2-Series 240i coup in 19096?
Thank you.

.00145 and 54%
$2000 lease credit

Rhobbyj

Hi, can I please get the MF, RV, incentives on 2020 M240i coupe, 36 mo/10k or 12k mi, dealer zip 29577? Thanks!

Michaell

Rhobbyj said:

Hi, can I please get the MF, RV, incentives on 2020 M240i coupe, 36 mo/10k or 12k mi, dealer zip 29577? Thanks!

36/12
.00145 and 53%
$2000 lease credit

Coin

Hi. Can I please have September RV and MF for M240 36/10 in 19096?

kyfdx

Coin said:

Hi. Can I please have September RV and MF for M240 36/10 in 19096?

Coupe or convertible?

Coin

kyfdx said:

Coin said:

Hi. Can I please have September RV and MF for M240 36/10 in 19096?

Coupe or convertible?

Coupe

andreiz

What's MF and RF for M240i Coupe for 36/10 in 22901?
Thanks!

kyfdx

Coin said:

kyfdx said:

Coin said:

Hi. Can I please have September RV and MF for M240 36/10 in 19096?

Coupe or convertible?

Coupe

.00128 MF and 54% residual
$2000 lease credit

kyfdx

andreiz said:

What's MF and RF for M240i Coupe for 36/10 in 22901?
Thanks!

.00128 MF and 54% residual
$2000 lease credit

mflofranco

Hello,

May I please get the MF and RV on a 2020 BMW M240i Convertible in zipcode 77379 as well as any incentives going on this month

kyfdx

mflofranco said:

Hello,

May I please get the MF and RV on a 2020 BMW M240i Convertible in zipcode 77379 as well as any incentives going on this month

36/15
.00128 MF and 52% residual
$2000 lease credit

mflofranco

kyfdx said:

mflofranco said:

Hello,

May I please get the MF and RV on a 2020 BMW M240i Convertible in zipcode 77379 as well as any incentives going on this month

36/15
.00128 MF and 52% residual
$2000 lease credit

What is the MF and residual for the couple in 77379?

Michaell

mflofranco said:

kyfdx said:

mflofranco said:

Hello,

May I please get the MF and RV on a 2020 BMW M240i Convertible in zipcode 77379 as well as any incentives going on this month

36/15
.00128 MF and 52% residual
$2000 lease credit

What is the MF and residual for the couple in 77379?

51% residual for coupe, 36/15

MF and residuals are the same

FLCarShpper

Hello,

Can I please have MF, RV, and incentives for a 230i Coupe.

32801, 36/10 and 36/12.