2014 BMW 3-Series Lease Questions

cramir350 · November 2014

What do you think about this deal:

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

I'm in FL

Michaell · November 2014

cramir350 said:
What do you think about this deal:

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

I'm in FL

I'm getting $405.39/mo pre-tax. What model is this? RV varies by 1% depending.

cramir350 · November 2014

Michaell said:

cramir350 said:
What do you think about this deal:

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

I'm in FL
I'm getting $405.39/mo pre-tax. What model is this? RV varies by 1% depending.

328i 2014. My tax is 7%

Michaell · November 2014

cramir350 said:

Michaell said:

cramir350 said:
What do you think about this deal:

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

I'm in FL
I'm getting $405.39/mo pre-tax. What model is this? RV varies by 1% depending.
328i 2014

61% residual. With the other numbers, the pre-tax payment is $416.91.

cramir350 · November 2014

Michaell said:

cramir350 said:

Michaell said:

cramir350 said:
What do you think about this deal:

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

I'm in FL
I'm getting $405.39/mo pre-tax. What model is this? RV varies by 1% depending.
328i 2014
61% residual. With the other numbers, the pre-tax payment is $416.91.

Is that a good deal for a 2014 328i? do I still have more negotiating room? Is 5k off msrp on an older model fair or could it be more? Dealership is saying that is their best and final

Michaell · November 2014

cramir350 said:

Michaell said:

cramir350 said:

Michaell said:

cramir350 said:
What do you think about this deal:

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

I'm in FL
I'm getting $405.39/mo pre-tax. What model is this? RV varies by 1% depending.
328i 2014
61% residual. With the other numbers, the pre-tax payment is $416.91.
Is that a good deal for a 2014 328i? do I still have more negotiating room? Is 5k off msrp on an older model fair or could it be more? Dealership is saying that is their best and final

You can always reach out to another dealer ... competition is one of the best ways to know that you're getting the best price.

Bill3223 · November 2014

Can you kindly post the residual and money factor for 2015 M3 and M5 36 or 39 month 12k miles. Are there special incentives or rebates available for November? Thanks

maddoc2 · November 2014

Michaell,

I would greatly appreciate your comments on this deal I have on the table.
Need to give an answer by Monday

( I am in FL - 6% sales tax)

2014 335i
MRSP $ 57,700
Sales Price $ 49,000
Gross cap cost $ 50,303 ($49,000 + Acq cost $725 + Doc fee $578.40)

# Option 1

36/12k
0.0013
Residual 61%

Residual $ 35,197
Mthly Payment $ 567.92

First Mthly payment $ 567.92
Lic.,Insp.,Title, Reg. Fees $ 248.00

Total Due at signing $ 905.13

# Option 2

36/15 k
Residual 59% ($ 34,403)
0.0013

Mnthly $ 556.40 after 8 x MSD ($4200)

Due at signing : $ 5093.61 ($4200 + $556.40 + $331.50 fees);
Fees Due at signing : $331.50 = license - 248, Rental surcharge - 60, other fees - 23.50)
Dispo fee : $ 350.00

Based on your comments from previous posts I thought this was a good deal but wanted to make sure I am not missing anything in these complicated numbers..

Manager is not willing to negotiate any further !

Michaell · November 2014

Bill3223 said:
Can you kindly post the residual and money factor for 2015 M3 and M5 36 or 39 month 12k miles. Are there special incentives or rebates available for November? Thanks

Best terms this month are for 39 month leases.

M3 - .00130 and 59%. $1000 holiday cash.

M5 - .00130 and 57%. $2000 holiday cash.

Michaell · November 2014

maddoc2 said:
Michaell,

I would greatly appreciate your comments on this deal I have on the table.
Need to give an answer by Monday

( I am in FL - 6% sales tax)

2014 335i
MRSP $ 57,700
Sales Price $ 49,000
Gross cap cost $ 50,303 ($49,000 + Acq cost $725 + Doc fee $578.40)

# Option 1

36/12k
0.0013
Residual 61%

Residual $ 35,197
Mthly Payment $ 567.92

First Mthly payment $ 567.92
Lic.,Insp.,Title, Reg. Fees $ 248.00

Total Due at signing $ 905.13

# Option 2

36/15 k
Residual 59% ($ 34,403)
0.0013

Mnthly $ 556.40 after 8 x MSD ($4200)

Due at signing : $ 5093.61 ($4200 + $556.40 + $331.50 fees);
Fees Due at signing : $331.50 = license - 248, Rental surcharge - 60, other fees - 23.50)
Dispo fee : $ 350.00

Based on your comments from previous posts I thought this was a good deal but wanted to make sure I am not missing anything in these complicated numbers..

Manager is not willing to negotiate any further !

Option 1 - I am getting a pre-tax payment of $530.76 - with 6% tax, $562.61. Pretty close to the dealer quote

Option 2 - using the adjusted MF of .00081 after MSD, I get a pre-tax payment of $519.99 and $551.19 after tax. Again, pretty close.

On option 2, the $4200 up front is saving you almost $1500 in payments over the life of the lease, or almost 12% return.

Given that this is a $58K sticker, both deals are really good.

cramir350 · November 2014

Hello Michaell - Thanks for all your good information. I wanted to ask you if there is a calculator anywhere where I can just input the lease values. You mentioned my deal was good but I wanted to play with some hypothetical values. I've google for calculators but my payment is not coming out the same.

Thank you

Michaell · November 2014

cramir350 said:
Hello Michaell - Thanks for all your good information. I wanted to ask you if there is a calculator anywhere where I can just input the lease values. You mentioned my deal was good but I wanted to play with some hypothetical values. I've google for calculators but my payment is not coming out the same.

Thank you

I don't use an on-line lease calculator ... I built my own using Excel. Nothing more complicated than 4th grade math involved.

cramir350 · November 2014

Just built one myself. On the below deal I am getting pre-tax of $391. Is it because I am not including dealer fees etc..?? If that is why, where and how much should I add?

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

kyfdx · November 2014

cramir350 said:
Just built one myself. On the below deal I am getting pre-tax of $391. Is it because I am not including dealer fees etc..?? If that is why, where and how much should I add?

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

For a 2015 model, all the deals are on 39 months, not 36...
What residual are you using?

Is this an actual quote?

cramir350 · November 2014

kyfdx said:

cramir350 said:
Just built one myself. On the below deal I am getting pre-tax of $391. Is it because I am not including dealer fees etc..?? If that is why, where and how much should I add?

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

For a 2015 model, all the deals are on 39 months, not 36...
What residual are you using?

Is this an actual quote?

Actual quote. It is a 2014 328i. I am using 61% and doing 36 months.

kyfdx · November 2014

cramir350 said:

kyfdx said:

cramir350 said:
Just built one myself. On the below deal I am getting pre-tax of $391. Is it because I am not including dealer fees etc..?? If that is why, where and how much should I add?

MSRP: 43,500
Sell price:38,500
3yrs/12k
MF:0.0013
$864 Total out of pocket (includes first payment)
$446 per month tax in.

For a 2015 model, all the deals are on 39 months, not 36...
What residual are you using?

Is this an actual quote?
Actual quote. It is a 2014 328i. I am using 61% and doing 36 months.

Okay... then I get $417/mo.+ tax.. Not sure why you are getting $391/mo.

If I add $725 acq.fee to the selling price, I get $438/mo.+tax

chupacabraz · November 2014

Hello,

Looking at 2014 320i xDrive.

MSRP is $40,220, sell is $34,719.

Would like to know MF, RV, and reduction in MF if I do 7 MSDs. 36/12K is what I'd be looking at. What other fees (acquisition, etc) might there be as well? Would like the out the door costs to be minimal (no down payment but MSD instead).

Thanks!

Michaell · November 2014

chupacabraz said:
Hello,

Looking at 2014 320i xDrive.

MSRP is $40,220, sell is $34,719.

Would like to know MF, RV, and reduction in MF if I do 7 MSDs. 36/12K is what I'd be looking at. What other fees (acquisition, etc) might there be as well? Would like the out the door costs to be minimal (no down payment but MSD instead).

Thanks!

.00130 is the base MF - with 7 MSD, MF drops to .00081.

$725 acquisition fee collected by BMWFS; there may be state registration fees due up front as well.

RV for 36/12 is 62%. $1000 holiday cash.

livestrg · November 2014

Hi

I'm looking for the November residual on the 328i and 328d for 39/12k and 39/15k

Thanks!

Michaell · November 2014

livestrg said:
Hi

I'm looking for the November residual on the 328i and 328d for 39/12k and 39/15k

Thanks!

.00130 and 59% (i) and 60% (d) for 39/15.

$1000 holiday credit on the i; $750 holiday credit and $1000 eco credit on the d.

Add 2% for 12K.

cooper2014 · November 2014

Is it ok to ask about 328xi wagon here?

I would like residuals and MF on 24m/10k,and 12k and 36m/10k and12k. Southern California purchase.

Any incentives to roll into this?

Thank you for your time.

kyfdx · November 2014

cooper2014 said:
Is it ok to ask about 328xi wagon here?

I would like residuals and MF on 24m/10k,and 12k and 36m/10k and12k. Southern California purchase.

Any incentives to roll into this?

Thank you for your time.

2014? .00130 MF. 69%/68% residual for 24 months. 63%/62% for 36 months.

cooper2014 · November 2014

Ok thats great thank you. Do you happen to have 2015 too? Thank you.

kyfdx · November 2014

kyfdx said:

cooper2014 said:
Is it ok to ask about 328xi wagon here?

I would like residuals and MF on 24m/10k,and 12k and 36m/10k and12k. Southern California purchase.

Any incentives to roll into this?

Thank you for your time.

2014? .00130 MF. 69%/68% residual for 24 months. 63%/62% for 36 months.

cooper2014 said:
Ok thats great thank you. Do you happen to have 2015 too? Thank you.

2015: .00130 MF and 68%/67% residual for 24 months
.00130 MF and 63%/62% residual for 39 months

$1000 Holiday Credit.

cramir350 · November 2014

This is where I ended:
2014 328i
Msrp 41,350
Selling price:36,600
MF:0.0015 (not top tier)
36/12
Got a 2,000 check to finish my other lease.
$361 total out of pocket
500/month tax in.

Opinions?

Michaell · November 2014

cramir350 said:

This is where I ended:
2014 328i
Msrp 41,350
Selling price:36,600
MF:0.0015 (not top tier)
36/12
Got a 2,000 check to finish my other lease.
$361 total out of pocket
500/month tax in.

Opinions?

I'm getting $408.75/mo pre-tax with your numbers (and 61% residual). What state is this and what is the tax rate?

cramir350 · November 2014

Michaell said:

This is where I ended: 2014 328i Msrp 41,350 Selling price:36,600 MF:0.0015 (not top tier) 36/12 Got a 2,000 check to finish my other lease. $361 total out of pocket 500/month tax in. Opinions?
I'm getting $408.75/mo pre-tax with your numbers (and 61% residual). What state is this and what is the tax rate?

FL 7%. They cut me a check for 2,000 to payoff my other lease. Did you calcate that?

Michaell · November 2014

cramir350 said:

Michaell said:

cramir350 said:

This is where I ended:
2014 328i
Msrp 41,350
Selling price:36,600
MF:0.0015 (not top tier)
36/12
Got a 2,000 check to finish my other lease.
$361 total out of pocket
500/month tax in.

Opinions?
I'm getting $408.75/mo pre-tax with your numbers (and 61% residual). What state is this and what is the tax rate?

FL 7%. They cut me a check for 2,000 to payoff my other lease. Did you calcate that?

Cashing out the lease equity doesn't impact the numbers.

Adding 7% sales tax to the pre-tax payment gets $437.36. Still a lot less than $500/mo.

Something's missing - are you adding your fees to the selling price?

cramir350 · November 2014

Michaell said:

Michaell said:

This is where I ended: 2014 328i Msrp 41,350 Selling price:36,600 MF:0.0015 (not top tier) 36/12 Got a 2,000 check to finish my other lease. $361 total out of pocket 500/month tax in. Opinions?
I'm getting $408.75/mo pre-tax with your numbers (and 61% residual). What state is this and what is the tax rate?

FL 7%. They cut me a check for 2,000 to payoff my other lease. Did you calcate that?
Cashing out the lease equity doesn't impact the numbers. Adding 7% sales tax to the pre-tax payment gets $437.36. Still a lot less than $500/mo. Something's missing - are you adding your fees to the selling price?

I had no equity on my lease. They cut me a check so I can payoff my lease.

Michaell · November 2014

cramir350 said:

Michaell said:

cramir350 said:

Michaell said:

cramir350 said:

This is where I ended:
2014 328i
Msrp 41,350
Selling price:36,600
MF:0.0015 (not top tier)
36/12
Got a 2,000 check to finish my other lease.
$361 total out of pocket
500/month tax in.

Opinions?
I'm getting $408.75/mo pre-tax with your numbers (and 61% residual). What state is this and what is the tax rate?

FL 7%. They cut me a check for 2,000 to payoff my other lease. Did you calcate that?
Cashing out the lease equity doesn't impact the numbers.

Adding 7% sales tax to the pre-tax payment gets $437.36. Still a lot less than $500/mo.

Something's missing - are you adding your fees to the selling price?

I had no equity on my lease. They cut me a check so I can payoff my lease.

Ah, so they effectively added $2000 to the net cap cost, which adds about $55/mo to your lease payment ($59 when you factor in sales tax). Now the numbers tie out.

killua117 · November 2014

Hi, what do you think of this deal:

Leasing in virginia

2014 328i
36mo/15K
MSRP: 45,925
Selling price:38,000 (including holiday credit $2000)
Net Cap Cost: $39,000 (including Acq cost, Doc fee, DMV fee)
MF:0.0013
RV: 59%

Total out of pocket: $430 (First month payment & tax)
Monthly payment: $430 (including tax)

Any area that can be improved? Opinions?

Michaell · November 2014

killua117 said:
Hi, what do you think of this deal:

Leasing in virginia

2014 328i
36mo/15K
MSRP: 45,925
Selling price:38,000 (including holiday credit $2000)
Net Cap Cost: $39,000 (including Acq cost, Doc fee, DMV fee)
MF:0.0013
RV: 59%

Total out of pocket: $430 (First month payment & tax)
Monthly payment: $430 (including tax)

Any area that can be improved? Opinions?

I don't think so ... only way to get a lower price is to negotiate more off sticker or use MSD to bring down the MF.

But, $430/mo for a car that stickers at almost $46K is a good deal.

killua117 · November 2014

Michaell said:

killua117 said:
Hi, what do you think of this deal:

Leasing in virginia

2014 328i
36mo/15K
MSRP: 45,925
Selling price:38,000 (including holiday credit $2000)
Net Cap Cost: $39,000 (including Acq cost, Doc fee, DMV fee)
MF:0.0013
RV: 59%

Total out of pocket: $430 (First month payment & tax)
Monthly payment: $430 (including tax)

Any area that can be improved? Opinions?
I don't think so ... only way to get a lower price is to negotiate more off sticker or use MSD to bring down the MF.

But, $430/mo for a car that stickers at almost $46K is a good deal.

Thank you so much for your input..
Does all the numbers and calculated monthly payment look okay? (tax: 4.1%)

Michaell · November 2014

killua117 said:

Michaell said:

killua117 said:
Hi, what do you think of this deal:

Leasing in virginia

2014 328i
36mo/15K
MSRP: 45,925
Selling price:38,000 (including holiday credit $2000)
Net Cap Cost: $39,000 (including Acq cost, Doc fee, DMV fee)
MF:0.0013
RV: 59%

Total out of pocket: $430 (First month payment & tax)
Monthly payment: $430 (including tax)

Any area that can be improved? Opinions?
I don't think so ... only way to get a lower price is to negotiate more off sticker or use MSD to bring down the MF.

But, $430/mo for a car that stickers at almost $46K is a good deal.

Thank you so much for your input..
Does all the numbers and calculated monthly payment look okay? (tax: 4.1%)

With your numbers, I'm getting a payment of $433.68/mo with tax, so I would agree that your quote of $430/mo is very good.

lwood87 · November 2014

Hello,

Could you please help me sort out this deal:

2014 328i xDrive
MSRP: $47,900
List: $41,400
Desired term: 12k/39mo.
Eligible for Education Program ($1,000)

The dealer keeps talking about how much they want to move inventory. I'm (ideally) targeting a negotiated price of $39,750

Please help me calculate a payment. I am also considering 15k/39mo

Thank you!

Michaell · November 2014

lwood87 said:
Hello,

Could you please help me sort out this deal:

2014 328i xDrive
MSRP: $47,900
List: $41,400
Desired term: 12k/39mo.
Eligible for Education Program ($1,000)

The dealer keeps talking about how much they want to move inventory. I'm (ideally) targeting a negotiated price of $39,750

Please help me calculate a payment. I am also considering 15k/39mo

Thank you!

.00130 is the base MF, 36/15 residual is 60%. No 39 month program for the 2014 models. Add 2% for 12K.

With your MSRP and List Price (does that include both the $1000 education credit and the $2000 holiday cash?), I get a pre-tax payment of $448.85.

killua117 · November 2014

I decided to get a deal on the 2015 328i xDrive instead of 2014 328i.
Here are the breakdowns:

MSRP: $48200
Negotiated Price: $40719.06
All the fees & tax (rolled in): $2871.62
Net Cap Cost: $43590.68
MF: 0.00081
RV: 60%
No down Payment
7 MSDs
Monthly payment: $435

What do you think?

kyfdx · November 2014

killua117 said:
I decided to get a deal on the 2015 328i xDrive instead of 2014 328i.
Here are the breakdowns:

MSRP: $48200
Negotiated Price: $40719.06
All the fees & tax (rolled in): $2871.62
Net Cap Cost: $43590.68
MF: 0.00081
RV: 60%
No down Payment
7 MSDs
Monthly payment: $435

What do you think?

39 months, right? Looks great.. numbers match. So.. about $3500 due at signing, with the MSDs?

killua117 · November 2014

kyfdx said:

I decided to get a deal on the 2015 328i xDrive instead of 2014 328i. Here are the breakdowns: MSRP: $48200 Negotiated Price: $40719.06 All the fees & tax (rolled in): $2871.62 Net Cap Cost: $43590.68 MF: 0.00081 RV: 60% No down Payment 7 MSDs Monthly payment: $435 What do you think?
39 months, right? Looks great.. numbers match. So.. about $3500 due at signing, with the MSDs?

Yes, you are right on. 15k/39mo and $3500 due at signing.
Was wondering if the fees&tax are usually this high($2871). I live in VA (tax rate 4.1%).
Does the tax apply to the entire selling price? or just on the lease payment?

cramir350 · November 2014

What are the so announced "Black Friday" sale. Money factor changed? Bmw incentives changed? Residual changed?

kyfdx · November 2014

killua117 said:

kyfdx said:

killua117 said:
I decided to get a deal on the 2015 328i xDrive instead of 2014 328i.
Here are the breakdowns:

MSRP: $48200
Negotiated Price: $40719.06
All the fees & tax (rolled in): $2871.62
Net Cap Cost: $43590.68
MF: 0.00081
RV: 60%
No down Payment
7 MSDs
Monthly payment: $435

What do you think?

39 months, right? Looks great.. numbers match. So.. about $3500 due at signing, with the MSDs?

Yes, you are right on. 15k/39mo and $3500 due at signing.
Was wondering if the fees&tax are usually this high($2871). I live in VA (tax rate 4.1%).
Does the tax apply to the entire selling price? or just on the lease payment?

I'm not sure how VA handles tax, but it should certainly be broken out for you. It's not likely the dealer will do it wrong. You'll have $725 acquisition fee and title/license fees (about $500?), and probably a dealer/document fee of $400 (all profit).

kyfdx · November 2014

cramir350 said:
What are the so announced "Black Friday" sale. Money factor changed? Bmw incentives changed? Residual changed?

I would assume additional cash incentives... .but, we don't have any details.

killua117 · November 2014

kyfdx said:

kyfdx said:

I decided to get a deal on the 2015 328i xDrive instead of 2014 328i. Here are the breakdowns: MSRP: $48200 Negotiated Price: $40719.06 All the fees & tax (rolled in): $2871.62 Net Cap Cost: $43590.68 MF: 0.00081 RV: 60% No down Payment 7 MSDs Monthly payment: $435 What do you think?
39 months, right? Looks great.. numbers match. So.. about $3500 due at signing, with the MSDs?

Yes, you are right on. 15k/39mo and $3500 due at signing.
Was wondering if the fees&tax are usually this high($2871). I live in VA (tax rate 4.1%).
Does the tax apply to the entire selling price? or just on the lease payment?
I'm not sure how VA handles tax, but it should certainly be broken out for you. It's not likely the dealer will do it wrong. You'll have $725 acquisition fee and title/license fees (about $500?), and probably a dealer/document fee of $400 (all profit).

I just picked up the car.
As it turns out, VA charges tax on entire price.
So my final numbers were as below:

MSRP: $48200
Negotiated Price: $40719.06
All the fees & tax (rolled in): $2871.62
(Acq fee: $775, DOC fee: $300, DMV fee: $147.50, $1649.12)
Net Cap Cost: $43590.68
MF: 0.00081
RV: 60%
No down Payment
7 MSDs
Monthly payment: $435.22

Thank you for your help!

cali_oil · November 2014

Hey Guys,

Just went to the BMW dealership and I got this deal.

2014 320i-Sport Package, No Nav
MSRP:$38,900
selling price $33,400
36month Lease 10k per year
residual 65%
Interest free

drive off $1500

Monthly: 265+ tax

Good Or bad??

kyfdx · November 2014

killua117 said:

kyfdx said:

kyfdx said:

I decided to get a deal on the 2015 328i xDrive instead of 2014 328i.
Here are the breakdowns:

MSRP: $48200
Negotiated Price: $40719.06
All the fees & tax (rolled in): $2871.62
Net Cap Cost: $43590.68
MF: 0.00081
RV: 60%
No down Payment
7 MSDs
Monthly payment: $435

What do you think?

39 months, right? Looks great.. numbers match. So.. about $3500 due at signing, with the MSDs?

Yes, you are right on. 15k/39mo and $3500 due at signing.
Was wondering if the fees&tax are usually this high($2871). I live in VA (tax rate 4.1%).
Does the tax apply to the entire selling price? or just on the lease payment?

I'm not sure how VA handles tax, but it should certainly be broken out for you. It's not likely the dealer will do it wrong. You'll have $725 acquisition fee and title/license fees (about $500?), and probably a dealer/document fee of $400 (all profit).

I just picked up the car.
As it turns out, VA charges tax on entire price.
So my final numbers were as below:

MSRP: $48200
Negotiated Price: $40719.06
All the fees & tax (rolled in): $2871.62
(Acq fee: $775, DOC fee: $300, DMV fee: $147.50, $1649.12)
Net Cap Cost: $43590.68
MF: 0.00081
RV: 60%
No down Payment
7 MSDs
Monthly payment: $435.22

Thank you for your help!

Congrats on the new ride!

kyfdx · November 2014

cali_oil said:
Hey Guys,

Just went to the BMW dealership and I got this deal.

2014 320i-Sport Package, No Nav
MSRP:$38,900
selling price $33,400
36month Lease 10k per year
residual 65%
Interest free

drive off $1500

Monthly: 265+ tax

Good Or bad??

What does "interest free" mean?

And.. those numbers don't match up with any lease through BMWFS

cali_oil · November 2014

I asked him what the MF is and he straight up told me their isn't one. I said that makes no sense, what is the apr and he said it's 0% no interest. lol

floydfan1 · November 2014

kyfdx said:

cali_oil said:
Hey Guys,

Just went to the BMW dealership and I got this deal.

2014 320i-Sport Package, No Nav
MSRP:$38,900
selling price $33,400
36month Lease 10k per year
residual 65%
Interest free

drive off $1500

Monthly: 265+ tax

Good Or bad??

What does "interest free" mean?

And.. those numbers don't match up with any lease through BMWFS

If I could chime in,

Cali, those numbers you post seem literally too good to be true. Seriously, they are so good, either you are the one millionth customer or there is something missing.

65% RV and 0.0000 money factor seem beyond far fetched. An interest free loan to lease a BMW just doesn't pass the smell test.

As mod pointed out, 39 month term is what BMW is subsidizing the most this month and you've a 36 month. Another red flag there.

Is there a trade-in you aren't mentioning? Are you certain of the terms, the mileage cap, etc.? You have the numbers on the lease agreement?

Hey, stranger things have happened. The deal seems insanely good to a neophyte like myself. Maybe it's your lucky day, but I'd be very careful.

nr14 · November 2014

Hi,

Please advise if the following is a good deal in San Francisco Bay Area:

2015 BMW 320i
Options: Drivers Assistance Package, Heated Front Seats, Navigation, Moonroof
MSRP - 38350
Invoice - 35890
Negotiated Selling Price - 33375
Selling Price + Taxes etc. - 36932

Cash Due: 2000
39 month lease for 12000 miles - 382

Thanks in advance!

nr14 · November 2014

With additional details:

2015 BMW 320i
Options: Drivers Assistance Package, Heated Front Seats, Navigation, Moonroof
MSRP - 38,350
Invoice - 35,890
Negotiated Selling Price - 33,375
Selling Price + Taxes etc. - 36,932
Residual value - 23,393.50
Money Factor - 0.00170
Additional miles after 12K at .20/mile

Cash Due: 2000
39 month lease for 12000 miles - 382

2014 BMW 3-Series Lease Questions

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