2014 BMW 3-Series Lease Questions

mahi3 · August 2014

@mahi3 said:
BMW - 328i X-Drive series
Jet Black (Exterior) / Black Dakota Leather (Interior)
Cold weather package and Premium package (Black Leather)
$44,300 (selling price $38, 535 with discounts)

For 3 yrs and 12K miles/yr...
$5302.98 (Upfront fees) = $2853 (taxes and fees) + $2450 (7-month security deposit)
$349/month (Lease amount)

Kindly let me know is this a good deal and how the price break up would work?

Thanks in advance for your help

Residual = 63% and MF is .00081 after 7 MSDs. With this monthly payment comes to 349$. Is taxes and fees is higher for NJ? Usually how much will be coming as taxes and fees?

Michaell · August 2014

@mahi3 said:
Residual = 63% and MF is .00081 after 7 MSDs. With this monthly payment comes to 349$. Is taxes and fees is higher for NJ? Usually how much will be coming as taxes and fees?

NJ calculates taxes for the entire lease up front. Customer can either roll that into the cap or pay it up front.

121 · August 2014

Hi, got quoted the following for an USED 2014 x1 35i.

MSRP $47,700 / Selling price $39,700 / Drive Off: $1042 / 7 MSD’s: $3850 / Lease for 36 months with 18K miles per year /Payments of $499+ Tax / MF is at .00081 / Residual: 57%

Can do better ?

Thanks!

mahi3 · August 2014

Thank you! Michaell!
Do you think is the deal good or standard one? Or how much better we can do to make it a better one?
Thanks again for ur help!!!

Michaell · August 2014

@mahi3 said:
Thank you! Michaell!
Do you think is the deal good or standard one? Or how much better we can do to make it a better one?
Thanks again for ur help!!!

The only way to lower the payment now is to get a lower cap cost. You can put money down to do that, but we don't recommend it. If the vehicle is stolen or totaled, you are out that money.

$349/mo for a car that stickers at $45K is a pretty great deal.

mac_attack · August 2014

328i vs 335i
North Carolina
Fully loaded

Mf
Residual
Monthly cost estimate

Thx!

Michaell · August 2014

@mac_attack said:
328i vs 335i
North Carolina
Fully loaded

Mf
Residual
Monthly cost estimate

Thx!

MF is .00130. Residual is based on lease term and miles per year - what are you looking for?

scornil01 · August 2014

Hello, looking for august numbers for both the 2014 320i RWD and 2014 328i RWD.

36 months
10k 12k 15k /year

are 2015's already available?

Thank you!

mac_attack · August 2014

@Michaell said:
MF is .00130. Residual is based on lease term and miles per year - what are you looking for?

12K miles/yr, 36 months

scornil01 · August 2014

... and question about MSD's. If i were to sell my car before the end of the lease to possible gain equity will i still receive the refund of the MSD?

Michaell · August 2014

@mac_attack said:
328i vs 335i
North Carolina
Fully loaded

Mf
Residual
Monthly cost estimate
12K miles/yr, 36 months

As noted, MF is .00130. 36/12 RV for 328i is 62% with $2000 lease cash, for 335i it is also 62% but only $1750 lease cash.

Michaell · August 2014

@scornil01 said:
Hello, looking for august numbers for both the 2014 320i RWD and 2014 328i RWD.

36 months
10k 12k 15k /year

are 2015's already available?

Thank you!

... and question about MSD's. If i were to sell my car before the end of the lease to possible gain equity will i still receive the refund of the MSD?

.00130 MF for both.

36/15 RV for 320i is 61% with $1000 lease cash.

36/15 RV for 328i is 60% with $2000 lease cash.

Add 2% for 12K and 3% for 10K RV

I believe you will get the MSD monies back at the end of the lease, regardless of how it ends.

mahi3 · August 2014

@Michaell said:
$349/mo for a car that stickers at $45K is a pretty great deal.

@Michaell - Thanks a lot! Michaell! For the info! Most likely I will finalize the deal this Saturday.

electricfire · August 2014

Can anyone please tell me what the August residual and MF is for 2015MY 320i at 10k/year miles?

Michaell · August 2014

@electricfire said:
Can anyone please tell me what the August residual and MF is for 2015MY 320i at 10k/year miles?

.00130 is the MF. What lease term are you looking for?

csaus · August 2014

Looking at leasing a 2014 328i xdrive wagon.

August MF & residuals for 10k & 12k? (One dealer quoted .0015.)
Any incentives on this car (loyalty, dealer cash)?
would it be better to wait to Sept or Oct to lease?
Thanks!

electricfire · August 2014

@Michaell said:
36 months, 10k/year. Thank you!

Michaell · August 2014

@electricfire said:
Can anyone please tell me what the August residual and MF is for 2015MY 320i at 36 months, 10k/year miles?

.00130 and 62%.

Michaell · August 2014

@csaus said:
Looking at leasing a 2014 328i xdrive wagon.

August MF & residuals for 10k & 12k? (One dealer quoted .0015.)

Any incentives on this car (loyalty, dealer cash)?

would it be better to wait to Sept or Oct to lease?
Thanks!

Base MF is .00130 this month, so your dealer is trying to make a bit of extra money off of you.

36/12 residual is 63%; add 1% if you want 10K miles. No incentives or lease cash that I see; use the shopping tools at the top of the page to confirm.

If you want a 2014 model, now is the time to act. Pickings will only get slimmer as time goes on.

csaus · August 2014

Thanks for the information!

rraffel · August 2014

Could you please tell me what the Residual is on a 2014 328xd Sedan with Sport Package? I'm getting different numbers from different dealers. Thanks!!

Michaell · August 2014

@rraffel said:
Could you please tell me what the Residual is on a 2014 328xd Sedan with Sport Package? I'm getting different numbers from different dealers. Thanks!!

What lease term and how many miles per year? MF is .00130

lwood87 · August 2014

I've found this forum to be extremely helpful. Can anyone tell me if I'm on the right track with this payment:
2015 328i (Premium, Navigation, Assistance, Heated Front, Split Rear)
MSRP $46,075
European Delivery Invoice: 39,975
Dealer Quote @ 500 over invoice 40,475
Build Out Cash 2000
College Incentive 1000
Selling Price: $37,475
MF 0.00111 (0.0016 ED MF - MSD)
RV 62%
36/12k
Monthly Payment: $314.14 (tax paid upfront)

Am I on track here? Thanks!

rraffel · August 2014

36/12k

Thanks!

@Michaell said:

Michaell · August 2014

@rraffel said:
Could you please tell me what the Residual is on a 2014 328xd Sedan with Sport Package? I'm getting different numbers from different dealers. Thanks!! 36/12

.00130 and 63%. $1750 in incentive monies this month.

Michaell · August 2014

@lwood87 said:
I've found this forum to be extremely helpful. Can anyone tell me if I'm on the right track with this payment:
2015 328i (Premium, Navigation, Assistance, Heated Front, Split Rear)
MSRP $46,075
European Delivery Invoice: 39,975
Dealer Quote @ 500 over invoice 40,475
Build Out Cash 2000
College Incentive 1000
Selling Price: $37,475
MF 0.00111 (0.0016 ED MF - MSD)
RV 62%
36/12k
Monthly Payment: $314.14 (tax paid upfront)

Am I on track here? Thanks!

The numbers work out - sort of. When I use all the numbers you've provided, I get a payment of $320.76/mo, so a little bit more than what you've got.

I would double check with the dealer that their quote of $40,475 is before the incentives are applied.

I can't confirm the ED base of of .00160 - perhaps my co-host, who is more familiar with BMW programs, can chime in.

cococo · August 2014

Hey everyone, I'm so glad that I found this very helpful website and have learnt a lot by reading others' posts. I was hoping that some of the gurus/experts here could help me understanding how to use the lease payment calculator myself.

http://www.edmunds.com/calculators/car-lease.html

I'm looking at a 328i Xdrive fully loaded MSRP $53325 and Sale Price of $47000. From my reading, for a 36/10 lease, the residual value is $53325 * .64 = $34128. The lowest MF I could get is .00081 with 7 MSD. I entered all the numbers at
http://www.edmunds.com/calculators/car-lease.html, with $2000 "Incentives and Rebates", I get a monthly payment of $366. Is this correct? If not, could you please let me know where it went wrong? I'm in Oregon, so no sales tax.

Also, what is the typical acquisition fee for 328i Xdrive? Does this fee go into my monthly payment or due at signing? Do the title and registration fee due at the signing?

Do the dealers still honor first time buyer incentives or college graduates incentives?

Sorry for having so many questions. This is going to be my first car and I'm getting very excited. Thank you for your answers and help in advance!

Michaell · August 2014

@cococo said:
Hey everyone, I'm so glad that I found this very helpful website and have learnt a lot by reading others' posts. I was hoping that some of the gurus/experts here could help me understanding how to use the lease payment calculator myself.

http://www.edmunds.com/calculators/car-lease.html

I'm looking at a 328i Xdrive fully loaded MSRP $53325 and Sale Price of $47000. From my reading, for a 36/10 lease, the residual value is $53325 * .64 = $34128. The lowest MF I could get is .00081 with 7 MSD. I entered all the numbers at
http://www.edmunds.com/calculators/car-lease.html, with $2000 "Incentives and Rebates", I get a monthly payment of $366. Is this correct? If not, could you please let me know where it went wrong? I'm in Oregon, so no sales tax.

Not sure where you went wrong, but when I plug in your numbers I get a pre-tax payment of $423.27 for 36 months. My guess is that the $2000 incentive is already factored into the sale price of $47,000.

Also, what is the typical acquisition fee for 328i Xdrive? Does this fee go into my monthly payment or due at signing? Do the title and registration fee due at the signing?

Base acquisition fee is $725 - dealer can mark it up to $925. Can either be rolled into the lease or paid up front.

Do the dealers still honor first time buyer incentives or college graduates incentives?

Use the Incentives menu option from the "Car Research" tab at the top of the page for a full list of available incentives from BMW this month.

Sorry for having so many questions. This is going to be my first car and I'm getting very excited. Thank you for your answers and help in advance!

bluegill2008 · August 2014

Got an offer for 2014 BMW 328i xDrive

MSRP is 44500

Selling price is 40500

Residual is 28035.00

Money Factory is .00150

Sales tax is 1305.29

License fees are 75

Bank Fee is 925

36 months at 12k miles per year, the payment would be 521.66 tax included, no money down. 596.66 due at signing (first payment and license plate fees)

Any comments? The dealer do not want to low the selling price, MF and bank fee. I am in Ohio, anyone get better deals around ohio area?

Thanks

kersee · August 2014

Michaell- I'm jumping over from the A4 forum to ask you about this quote for a 328ix. Seems much move above-board than the A4... Thoughts on this deal? Looks like I have wiggle room with the MF and with the sales price.

MSRP: $47,350
Sales Price: $42,941
Payment: $537
Residual: $28,883
MF: .0015
MPY: 15K
Term: 36 months
Downpayment: $0
MSD Reduction: .00007 each

Michaell · August 2014

@kersee said:
Michaell- I'm jumping over from the A4 forum to ask you about this quote for a 328ix. Seems much move above-board than the A4... Thoughts on this deal? Looks like I have wiggle room with the MF and with the sales price.

MSRP: $47,350
Sales Price: $42,941
Payment: $537
Residual: $28,883
MF: .0015
MPY: 15K
Term: 36 months
Downpayment: $0
MSD Reduction: .00007 each

Can't speak to how good (or not good) the price is - use the tools at the top of the page to help out.

As you noted, the MF is marked up from the base .00130.

BMW does inflate their residuals to make the payment look better than Audi. However, the downside is that the actual residual at the end of the lease term is almost always less than the number on the contract. That is an issue only if you want to purchase it at the end of the lease.

kyfdx · August 2014

@bluegill2008 said:
Got an offer for 2014 BMW 328i xDrive

MSRP is 44500

Selling price is 40500

Residual is 28035.00

Money Factory is .00150

Sales tax is 1305.29

License fees are 75

Bank Fee is 925

36 months at 12k miles per year, the payment would be 521.66 tax included, no money down. 596.66 due at signing (first payment and license plate fees)

Any comments? The dealer do not want to low the selling price, MF and bank fee. I am in Ohio, anyone get better deals around ohio area?

Thanks

It helps to introduce some competition.. Most BMW dealers will try to mark up the MF and acquisition fee. You have to be willing to shop elsewhere.

mac_attack · August 2014

Been quoted the following:

2014 335i Sport

MSRP = 52,625
discounted = 3,563
Sale Price = 49,062
aftermarkets = 398.95
-net trade allowance = 1,000
-customer cash = 1,000

36 mos lease
10K miles/yr

Residual = 63% (the residual on the quote sheet is a % of the MSRP, when the real residual is coming off the sale price - which should it be as this drastically impacts payment)
MF = .00170 (this we know is marked up .0004
Monthly Pymt = 679.01 w/ tax

Besides MF, where else can I negotiate this lease? Is BMW really pushing the 2014's off the lot? I'll take 1 but they need to come down a lot imo.

Thanks!!

Michaell · August 2014

@mac_attack said:
Been quoted the following:

2014 335i Sport

MSRP = 52,625
discounted = 3,563
Sale Price = 49,062
aftermarkets = 398.95
-net trade allowance = 1,000
-customer cash = 1,000

36 mos lease
10K miles/yr

Residual = 63% (the residual on the quote sheet is a % of the MSRP, when the real residual is coming off the sale price - which should it be as this drastically impacts payment)
MF = .00170 (this we know is marked up .0004
Monthly Pymt = 679.01 w/ tax

Besides MF, where else can I negotiate this lease? Is BMW really pushing the 2014's off the lot? I'll take 1 but they need to come down a lot imo.

Thanks!!

The only two variables in a lease are the MF and the negotiated selling price.

As noted, your quote is using an inflated MF; I would let the dealer know you won't sign any deal that has the MF marked up.

As far as selling price, I would shoot for invoice minus any available incentives. Each $1000 represents a $28/mo savings on your payment for 36 months.

mac_attack · August 2014

@Michaell said:
As far as selling price, I would shoot for invoice minus any available incentives. Each $1000 represents a $28/mo savings on your payment for 36 months.

Per BMW dealer- they state the .0017 MF is their standard markup that they can't come off of. They are making deals in price of the car so can't change the markup to the base of .0013.

BS? Legit?

Michaell · August 2014

@mac_attack said:
Per BMW dealer- they state the .0017 MF is their standard markup that they can't come off of. They are making deals in price of the car so can't change the markup to the base of .0013. BS? Legit?

Their choice. If they offered you the base MF then they wouldn't be able to discount the car as much from sticker.

Remember, they aren't the Red Cross - dealers are in business to make a profit. We're here to help figure out how much is an acceptable amount - to you.

mac_attack · August 2014

@Michaell said:
Remember, they aren't the Red Cross - dealers are in business to make a profit. We're here to help figure out how much is an acceptable amount - to you.

Agreed & understood.
The selling price of this car is 49,062.
The Edmunds invoice I got was 48,526.
I did have a 300 difference in MSRP so I see about $800 above where they could be + the inflated MF. They likely could go a bit lower ?

Michaell · August 2014

@mac_attack said:
I did have a 300 difference in MSRP so I see about $800 above where they could be + the inflated MF. They likely could go a bit lower ?

The only way to know is to ask - $800 equates to $22/mo savings on your payment for a 36 month lease.

denwhat · August 2014

Hey looking to lease a 3 series. Can i get the MF and RV in NYC for:

320i 10k/36months
328i 10k/36months

Is there a difference for 2014 vs 2015 in rates? Thanks!

Michaell · August 2014

@denwhat said:
Hey looking to lease a 3 series. Can i get the MF and RV in NYC for:

320i 10k/36months

2014 - .00130 and 64%. $1000 option credit.

328i 10k/36months

2014 - .00130 and 63%. $2000 option credit.

Is there a difference for 2014 vs 2015 in rates? Thanks!

MF is the same for 2015, but residuals are 2% less for the 320i and 1% less for the 328i (!). No incentive cash on 2015, either.

randyjstark · August 2014

Looking for numbers (MF and Residual) as well as incentives on a 2014 335i Xdrive Gran Turismo --- TIA!

Michaell · August 2014

@randyjstark said:
Looking for numbers (MF and Residual) as well as incentives on a 2014 335i Xdrive Gran Turismo --- TIA!

What lease term and how many miles per year?

huny409 · August 2014

So, I know this probably sounds silly, but how does one go about negotiate selling price. I currently lease a BMW and the lease is up in October. I am able to get a new one now, but I was looking at another model vehicle because of cost, but after all of this research from this site, it looks like I can get a great deal on a BMW lease as well. My lease now is $500/mo (rolled over old vehicle). There is a 328xi listed at MSRP $44,275. What's a good starting point? I have top tier credit and do not want to put any money down, but am willing to pay fees up front if that helps.

Michaell · August 2014

@huny409 said:
So, I know this probably sounds silly, but how does one go about negotiate selling price. I currently lease a BMW and the lease is up in October. I am able to get a new one now, but I was looking at another model vehicle because of cost, but after all of this research from this site, it looks like I can get a great deal on a BMW lease as well. My lease now is $500/mo (rolled over old vehicle). There is a 328xi listed at MSRP $44,275. What's a good starting point? I have top tier credit and do not want to put any money down, but am willing to pay fees up front if that helps.

Use the shopping tools at the top of the page to have Edmunds' help you determine a target selling price.

At the moment, invoice minus incentives seems to be about right.

huny409 · August 2014

Okay, so is it realistic to get a price of $375/mo for a 2014 BMW 328i xDrive w/SULEV Sedan with NAV 10K/yr, MSRP $44275? Again with No Money down and top Tier Credit? That's if I shoot for a $40K selling price? There's also a $2K Build out credit, correct? Could I use that after negotiating the selling price?

taffaej · August 2014

I am back... New deal on the table.
This car is a 328i x drive sportsline, it has premium pkg, cold weather pkg and Navigation pkg. Leather w/red highlights, metallic paint.

The current offer is $49475 list, sales price is $45675. I am getting $11k on a trade, $7300 is what I owe, the equity of $2700 is going to cap reduction so I can get my payment low enough.
Residual is $31169 (63%), MF is .00170 and he says he wont move the MF because that is his profit margin. Tax title license is $892. I owe $419.11 at signing. They claim that the $2000 build out is already on the discount, but then if that is the case I don't think the car is discounted enough. I honestly need my payment to be under $400 but I don't know how to get there. Any help would be greatly appreciated. This is for 36/12 lease

Michaell · August 2014

@huny409 said:
Okay, so is it realistic to get a price of $375/mo for a 2014 BMW 328i xDrive w/SULEV Sedan with NAV 10K/yr, MSRP $44275? Again with No Money down and top Tier Credit? That's if I shoot for a $40K selling price? There's also a $2K Build out credit, correct? Could I use that after negotiating the selling price?

If you are able to deduct the $2K build out cash from a negotiated price of $40,000, and using the 36/10 residual of 64% with the base MF of .00130, I get a pre-tax payment of $354.68/mo.

There will be some up front fees you would be responsible for, but that assumes no money used as a down payment.

Michaell · August 2014

@taffaej said:
I am back... New deal on the table.
This car is a 328i x drive sportsline, it has premium pkg, cold weather pkg and Navigation pkg. Leather w/red highlights, metallic paint.

The current offer is $49475 list, sales price is $45675. I am getting $11k on a trade, $7300 is what I owe, the equity of $2700 is going to cap reduction so I can get my payment low enough.
Residual is $31169 (63%), MF is .00170 and he says he wont move the MF because that is his profit margin. Tax title license is $892. I owe $419.11 at signing. They claim that the $2000 build out is already on the discount, but then if that is the case I don't think the car is discounted enough. I honestly need my payment to be under $400 but I don't know how to get there. Any help would be greatly appreciated. This is for 36/12 lease

As you've noted, the MF is marked up. Dealers often say they can either give you the base MF or a good discount from sticker but not both.

If I take sales price and apply the $2700 of trade equity and the $2000 rebate, I get a pre-tax payment of $395.03. You can optionally use the trade equity as MSDs to lower the MF.

But, not sure you can get your payment, with tax, to be under $400.

taffaej · August 2014

So do you think the sales price is still to high?

Michaell · August 2014

@taffaej said:
So do you think the sales price is still to high?

I'm not in the market for a BMW, so I can't really say. All you can do is make your offer to the dealer and see what they say.

And, a little competition never hurt. Reach out to a second BMW dealer.

2014 BMW 3-Series Lease Questions

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