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2021 BMW M3 Competition lease numbers

TroyTimeTroyTime Member Posts: 6
edited July 2021 in BMW
Hello. First time poster...long time lurker. Can I please get the MF and Residual cost for the following:
Cap Cost: $89K
Down Pmt: $0
Term: 36/10
Zip: 94403

Also, I see that the rent charge posted on the offer the sales person provided me totals $6,596. How can you determine the MF from this?

Thank you in advance.
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  • kyfdxkyfdx Moderator Posts: 236,830
    TroyTime said:

    Hello. Can I please get the MF, Residual Cap Cost $89K Zip 94403 36/10

    .00093 MF and 57% residual

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  • TroyTimeTroyTime Member Posts: 6
    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!
  • TroyTimeTroyTime Member Posts: 6
    kyfdx said:

    TroyTime said:

    Hello. Can I please get the MF, Residual Cap Cost $89K Zip 94403 36/10

    .00093 MF and 57% residual
    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!

  • kyfdxkyfdx Moderator Posts: 236,830
    TroyTime said:

    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!

    Divide $6596 by 36 months = $183.22/mo.

    183.22 divided by (adjusted CAP + residual) = money factor

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  • TroyTimeTroyTime Member Posts: 6
    kyfdx said:

    TroyTime said:

    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!

    Divide $6596 by 36 months = $183.22/mo.

    183.22 divided by (adjusted CAP + residual) = money factor
    Thank you good sir! Two more questions, if they are giving me a 54.5% residual and a 0.00125MF, is that bad?
  • kyfdxkyfdx Moderator Posts: 236,830
    TroyTime said:

    kyfdx said:

    TroyTime said:

    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!

    Divide $6596 by 36 months = $183.22/mo.

    183.22 divided by (adjusted CAP + residual) = money factor
    Thank you good sir! Two more questions, if they are giving me a 54.5% residual and a 0.00125MF, is that bad?
    Does the vehicle have mileage on it?
    Are you calculating the residual against the MSRP?
    Are you sure of your money factor calculation?

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and share!

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  • TroyTimeTroyTime Member Posts: 6
    kyfdx said:

    TroyTime said:

    kyfdx said:

    TroyTime said:

    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!

    Divide $6596 by 36 months = $183.22/mo.

    183.22 divided by (adjusted CAP + residual) = money factor
    Thank you good sir! Two more questions, if they are giving me a 54.5% residual and a 0.00125MF, is that bad?
    Does the vehicle have mileage on it?
    Are you calculating the residual against the MSRP?
    Are you sure of your money factor calculation?
    Such great questions:
    Vehicle has 12 miles on it
    Residual was calculated based on Gross Capitalized Cost which was 88,995. MSRP was 88,250. I was lukcy that the car wasn't marked up since most dealerships here are marking up 5K (San Jose) to $15K (San Francisco). This one is BMW Fremont.
    I was a bit off. Taking $183.22/137,700= 0.00133.

    Thoughts? Questions? This was as of last week.
  • kyfdxkyfdx Moderator Posts: 236,830
    TroyTime said:

    kyfdx said:

    TroyTime said:

    kyfdx said:

    TroyTime said:

    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!

    Divide $6596 by 36 months = $183.22/mo.

    183.22 divided by (adjusted CAP + residual) = money factor
    Thank you good sir! Two more questions, if they are giving me a 54.5% residual and a 0.00125MF, is that bad?
    Does the vehicle have mileage on it?
    Are you calculating the residual against the MSRP?
    Are you sure of your money factor calculation?
    Such great questions:
    Vehicle has 12 miles on it
    Residual was calculated based on Gross Capitalized Cost which was 88,995. MSRP was 88,250. I was lukcy that the car wasn't marked up since most dealerships here are marking up 5K (San Jose) to $15K (San Francisco). This one is BMW Fremont.
    I was a bit off. Taking $183.22/137,700= 0.00133.

    Thoughts? Questions? This was as of last week.
    Residual is always a full percentage of MSRP. That's the Monroney label, not with any dealer additions. It will be exact.

    .00133 is the maximum markup from the base MF of .00093. (looks like your math is good)

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    Did you get a good deal? Be sure to come back and share!

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  • TroyTimeTroyTime Member Posts: 6
    kyfdx said:

    TroyTime said:

    kyfdx said:

    TroyTime said:

    kyfdx said:

    TroyTime said:

    Wow. I went back to edit my response and the moderator already had an answer for me. Edmunds is awesome!

    Divide $6596 by 36 months = $183.22/mo.

    183.22 divided by (adjusted CAP + residual) = money factor
    Thank you good sir! Two more questions, if they are giving me a 54.5% residual and a 0.00125MF, is that bad?
    Does the vehicle have mileage on it?
    Are you calculating the residual against the MSRP?
    Are you sure of your money factor calculation?
    Such great questions:
    Vehicle has 12 miles on it
    Residual was calculated based on Gross Capitalized Cost which was 88,995. MSRP was 88,250. I was lukcy that the car wasn't marked up since most dealerships here are marking up 5K (San Jose) to $15K (San Francisco). This one is BMW Fremont.
    I was a bit off. Taking $183.22/137,700= 0.00133.

    Thoughts? Questions? This was as of last week.
    Residual is always a full percentage of MSRP. That's the Monroney label, not with any dealer additions. It will be exact.

    .00133 is the maximum markup from the base MF of .00093. (looks like your math is good)
    You my friend are an asset to this community!
  • mbollmanmbollman Member Posts: 12
    Can someone share with me the current MF and residual values for 2023 M3 competition xdrive.
    Zip Code 77433
    12K miles
    36 month lease
  • MichaellMichaell Moderator Posts: 241,036
    mbollman said:

    Can someone share with me the current MF and residual values for 2023 M3 competition xdrive.
    Zip Code 77433
    12K miles
    36 month lease

    2023 M3 discussion

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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