BMW 5-Series Lease Questions

infinitimn · September 2013

Don't know the answer to your first question, but adding the M sport package won't change the residual.

However I understand that BMW sent out incorrect residuals for the 2014s on Wednesday and quickly replaced them, but looks like they may not have been received by your dealer. I have heard that there are no changes for the 528i residuals from August.

jg15 · September 2013

Great info, thanks!

jasonmdbmw · September 2013

Still 62%

brodyboy1 · September 2013

Ok we are leasing a 2013 528I X Drive M Sport. The car has 5,800 miles on it. They are telling us even though the car is used the car is still qualifies under the new car lease programs. Several dealerships told us the same thing. The dealerships were in NJ and PA.

Original MSRP was $62,800 - very well equipped.
New sale price is $53,897
Our price is $48,897

We are putting $2,500 down
36 month lease
10k miles/year
$528/month
We live in NJ and we are buying the car in PA
We are currently Not BMW owners so no loyalty incentive
I don't know much about the money factor or residual. What I do know is no one is touching this deal.
Side notes: The mileage clock starts at zero so we can take the car back at 35,800 miles

We called around to different dealerships and everyone else was in the upper 5's to mid 7's for a new and/or used 2013 with new car lease eligibility.

Does this sound fair? My buddy referred me to this guy/dealership. My buddy is a shopper and he has bought his last 7 BMW's from him (he leases every 2 years.)

Any thoughts/suggestions would be greatly appreciated.
Thanks,
Mike

whichluxurycar · September 2013

My dealer is pushing the "owner's choice" balloon note rather than a true lease. And he has quoted 4% rate with a 60% residual for 36 months and 10k miles (2014 model).

Is this the buy rate? The right residual?
Is this better or worse than a true lease?

Any help appreciated. Thanks!

ghstudio · September 2013

http://www.bimmerfest.com/forums/showthread.php?t=449566

The biggest difference I see is that a lease has a fixed buyout or you can just return the car. On the "owners choice", there is no option to just return the car...you will pay any difference between the balloon amount and what the dealer (or other) offers you for the car. You are effectively just financing the car a different way under a fancy name.

I lease because I want to walk away from the car at the end of the lease....and unless I damage the car, I just drop it off and don't owe anything. With "owners choice" you have no idea if you will owe money or they will owe you money...unless you can guess at what the real value of your car will be after the "lease period". Don't assume that the lease residual is an accurate reflection of the real value. I currently have a mercedes on lease going back in Dec....with a residual of 77% ($46000)...the wholesale value of the car is less than $30000. Since I leased, MB eats that difference...if MB had an "owners choice" option (they don't), I would eat that $16000.

My 2 cents...be very very careful.....

jvergara · September 2013

Hi Carman,
I need please the Money Factor and Residual Value for a 2014 535i for 36 months and 10K miles per year. Any cash incentives / credits that I should be aware of? i am an existing BMW client with excellent credit. Also, would these incentives apply if I decide to do a European delivery?.
Many thanks for the information
Jose

jg15 · September 2013

I got this offer on a 2014 528i w/ the M Sport package from a SoCal dealer. It would have to be ordered. Any thoughts?

MSRP: $54,125
Selling Price: $50,000 (includes $1K from the driving experience event)
Residual: 0.58
Acquisition: $725
Money Rate: 0.00125
Total Drive-off(including deposit): $17,500
Monthly Payment: $207.81

My thoughts are that the price is attractive, but the residual is way low. I hear its supposed to be 62%. Also, I can't back into their monthly payment. When I run the numbers, I come up with a monthly payment around $150.

Thanks!
JG

whichluxurycar · September 2013

Thanks for this. I have that same 77% residual lease on an E350 bluetech. Wish I could just keep riding those LOW LOW payments. But 24 months is up, I'm afraid.

Again, thanks!

infinitimn · September 2013

The residual on a 10K lease is 62%. There were some erroneous residuals sent out by BMW on Wednesday, which were quickly replaced with the correct ones.

If your $1,000 is the UDE, unless your dealer can work some magic it will expire before your car arrives on the West Coast, as it is valid only for deliveries by October 31. Maybe you will be eligible for the Holiday Credit instead.

$17,500, even if including MSDs, is way too much to put down on a lease, as if the car is stolen or totaled, your money will be gone, and you are giving up the implied value of the free GAP insurance.

Can't comment on your payment calculation, as you haven't provided enough info.

jg15 · September 2013

Thanks infinitimn,

That's a great point - I didn't think about the fact I'd be out a lot of money w/ a big down payment if the car is lost or stolen.

But what other info do you need to calculate the monthly payment. I realized I was missing sales, which is 9%, but what else do you need? I thought the cap cost would be $50000 + $725 = $50725, but I take it that's wrong.

Any guidance would be helpful. First time lessee.

Thanks!
JG

jg15 · September 2013

I should also add that it's a 36mo lease, and I meant to say sales tax is 9%.

Thanks
JG

christiands · September 2013

I know it's not the most popular vehicle, so maybe the lease numbers aren't great. But, I'd like to have the Sept #s if possible for 36 mos/10k miles for the 535 x drive GT.

I believe there is $3k, is that applicable for lease? And any loyalty? Thanks all.

jasonmdbmw · September 2013

RV is 57%. $1000 Loyalty Cash and $3000 build out cash. Build out cash is used as an additional discount on the vehicle

christiands · September 2013

Thanks Jason,
Do you have the money factor on this for Sept also?

jasonmdbmw · September 2013

.00125

indybmwdrvr · September 2013

Couple questions...I've read that the money factor for September is .00125. Does that change for a 2013? Also, what is the residual on a 2013 for 36 mo/12,000? I was quoted residual of 54% and MF of .00165.

I live in Indianapolis if that matters...

Thanks in advance!

kyfdx · September 2013

2013 535i xDrive
36mo, 12K/yr

.00125 and 54%..

Maximum MF markup is .0004, so that is where you are getting .00165

There is $3000 of build out cash and $1000 of owner loyalty..

brawnyboy · September 2013

does anyone have the current 10k/36mth residual for the 2014 535i xdrive? I was quoted just about invoice for a well-optioned one which is fine. I just want to confirm that the resid was 60% (lower from august???) and MF .00125.

infinitimn · September 2013

I believe that 60% is the same as August. Where are you getting this deal?

jg15 · September 2013

I am being offered the following deal on a 2014 528i w/ M Sport package in SoCal. It looks to be about 1K below invoice. It looks like a great deal to me. Am I missing anything?

Base Price $49,500.00
ZMM M Sport $3,150.00
Metallic Paint $550.00
Destination and Handling $925.00
TOTAL AS EQUIPPED $54,125.00
SELLING PRICE $49,390.00

Term 36 Months
Mileage 10,000/year
Money Factor 1.25
Residual Factor 62%

Selling Price $49,390.00

Total Capitalized Cost $49,390.00

Monthly Payment $543.48
Tax (9%) $48.91
Monthly Payment + Tax $592.39

License & Registration $455.00
Bank Fee $725.00
Documentation Fee $80.00
First Payment $592.39
Security Deposit $0.00

Drive Off $1,924.84
Due at Signing $1,924.84

kyfdx · September 2013

10k/36mth residual for the 2014 535i xdrive

60% and .00125...

brawnyboy · September 2013

surprised the residual is 62% as others (here and at dealers) are using 60%. I'm confused. I was quoted at invoice in NYC.

brawnyboy · September 2013

are you sure the Sept residual is 62%, hearing it's still 60%

infinitimn · September 2013

I have heard that they are the same as August, but I have not actually seen September numbers published for the non-diesel 5's.

Are you confusing the 528xi and the 535xi, as the residuals are different?

infinitimn · September 2013

Can you post the dealer's name?

sflease · September 2013

Looking for money factor and residual values for 36 mo/10k leases for 2013 and 2014 535i sedans. Thanks.

kyfdx · September 2013

2013: .00125 MF and 55% residual... $3000 build-out cash..

2014: .00125 MF and 60% residual..

regards,
kyfdx

jerryhze · September 2013

Hello kyfds,

What would be the MF after applying 7 MSDs for 2014/535i xdrive/36mo/10k?

kyfdx · September 2013

2014 535xi.. with 7 MSDs

MF is .00125 minus .00049 for a final MF of .00076.. The residual is 60%

regards,
kyfdx

jerryhze · September 2013

so each MSD reduce the MF by 0.00007?

kyfdx · September 2013

Exactly.. .max of 7 MSDs...

jerryhze · September 2013

Thanks a lot! I just got contact with a dealer on a 2014 535i
dealer is quoting me:
MF of 0.00165 (mark-up of 0.0004)
residual of 60% (correct)
sales price is 3200 below MSRP, or 1300 over invoice according to Edmund
doc fee of 200 (wtf...)
acquisition fee of 925 (mark-up of 200)

Do you think I can at least get the price down to 500 over invoice, based on all markups on these drive-off fees?

brawnyboy · September 2013

you should be able to get 500 over invoice yes. the fees add-on is pretty firm. anyone get the tire/wheel protection plan given all the issues? what's the price quote if anyone is?

gerico · October 2013

Looking for the MF and RV's for a 2014 550i xDrive
12k and 15k leases

Thanks !

kyfdx · October 2013

"Looking for the MF and RV's for a 2014 550i xDrive
12k and 15k leases"

36 mo, 15K/yr

.00125 MF and 56% residual.... add 2% for 12K/yr..

regards,
kyfdx

gerico · October 2013

Thanks for the quick reply !

kaysid · October 2013

Hello
I am also looking for the October numbers
for a 36m/10K lease for a 2014 535i Xdrive Msport.

Cheers
Kaysid

kyfdx · October 2013

.00125 MF and 60% residual..

regards,
kyfdx

kaysid · October 2013

Thanks kyfdx,
Not sure who to direct this to, but Edmunds still does not show 2014 MSRP or Invoice pricing for the 2014 models yet, wondering when this might be up as its a great help when negotiating an invoice price point. Since dealer invoices always seem to be more than the real invoice price of the car.

kyfdx · October 2013

Yeah.. I see that... surprising, since some other websites have the info.

Hopefully, it won't take long for us to catch up.. (not my department, as they say...lol)

regards,
kyfdx

2011truck · October 2013

Can you please provide the MF and Resid for a 2014 535ix with 15K miles per year, for both 36 and 42 month leases? Thank you.

rjdoc74 · October 2013

Hello,

Can someone post October 2013 M5 residual/MF for 10,000 miles?

Thank you.

RJ

kyfdx · October 2013

2014 535xi sedan 36mo, 15K/yr lease
.00125 MF and 57% residual.. 42 mo. residual is 48%

regards,
kyfdx

volatile11 · October 2013

I'm seeking the October base MF and Residual for a 2014 M5. I appreciate any help.

I know the MSRP has been increased by $2000, and heard rumors of an improvement on the residual.

kyfdx · October 2013

2014 M5 36mo, 15K/yr lease
.00125 MF and 55% residual..

$1000 of option credit cash and $1000 of lease loyalty..

regards,
kyfdx

volatile11 · October 2013

Wow. That's great news. Thanks.

tunafish24 · October 2013

Can you please confirm if this residual and MF is correct? This is a 5% increase in residual over past month. It's almost too good to be true.

kyfdx · October 2013

Verified.. as far as checking the latest numbers we have available.. I can't call BMWFS up and ask... ;-)

tunafish24 · October 2013

Can anyone please post the 2014 535i 15K miles/yr residual and MF?

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