2015 BMW 3-Series Lease Questions

myklsf · July 2015

Michaell said:

myklsf said:
Can you please provide me with the MF and residuals for both the 328dx and the 535dx, assuming 15k/36 months? Thank you!
.00130 MF and $500 eco credit for both

328xd - 62% and $1000 buildout cash
535xd - 60% and $1500 buildout cash

Thank you! Are the rates all the same for RWD?

Michaell · July 2015

myklsf said:

Michaell said:

myklsf said:
Can you please provide me with the MF and residuals for both the 328dx and the 535dx, assuming 15k/36 months? Thank you!
.00130 MF and $500 eco credit for both

328xd - 62% and $1000 buildout cash
535xd - 60% and $1500 buildout cash
Thank you! Are the rates all the same for RWD?

Yes

verity · July 2015

Can you tell me if this is a good lease deal for a 2015 328i xDrive?
36 months / 12,000 miles/yr

MSRP $48,195
Selling Price $44,220
Residual $31,327
Money Factor .00130
Cash due on lease $2,625
$438.46

I tried calculating myself and got $408 but could have done something wrong.
Thanks

kyfdx · July 2015

verity said:
Can you tell me if this is a good lease deal for a 2015 328i xDrive?
36 months / 12,000 miles/yr

MSRP $48,195
Selling Price $44,220
Residual $31,327
Money Factor .00130
Cash due on lease $2,625
$438.46

I tried calculating myself and got $408 but could have done something wrong.
Thanks

Just using the .00130 MF and 65% residual, I get $456/mo.

What we don't know:
What does the $2625 cover? Any of that a CAP reduction?
Does this price include tax?

phantomcypher · July 2015

What is the residual for a 2015 328D 12k/24 months?

Michaell · July 2015

phantomcypher said:
What is the residual for a 2015 328D 12k/24 months?

70%

verity · July 2015

kyfdx said:

verity said:
Can you tell me if this is a good lease deal for a 2015 328i xDrive?
36 months / 12,000 miles/yr

MSRP $48,195
Selling Price $44,220
Residual $31,327
Money Factor .00130
Cash due on lease $2,625
$438.46

I tried calculating myself and got $408 but could have done something wrong.
Thanks

Just using the .00130 MF and 65% residual, I get $456/mo.

What we don't know:
What does the $2625 cover? Any of that a CAP reduction?
Does this price include tax?

There are 2 $1,000 rebates. One is called a "rebate" the other is called a "rebate cap reduction".
"upfront sales tax" is $1,164.11
I believe that $2,625 cash due on lease is a reduction on the selling price.
However, this is all new to me so not sure.
Other figures given:
Acquistion fee: $795
Hope this answers your questions.

verity · July 2015

verity said:

kyfdx said:

verity said:
Can you tell me if this is a good lease deal for a 2015 328i xDrive?
36 months / 12,000 miles/yr

MSRP $48,195
Selling Price $44,220
Residual $31,327
Money Factor .00130
Cash due on lease $2,625
$438.46

I tried calculating myself and got $408 but could have done something wrong.
Thanks

Just using the .00130 MF and 65% residual, I get $456/mo.

What we don't know:
What does the $2625 cover? Any of that a CAP reduction?
Does this price include tax?
There are 2 $1,000 rebates. One is called a "rebate" the other is called a "rebate cap reduction".
"upfront sales tax" is $1,164.11
I believe that $2,625 cash due on lease is a reduction on the selling price.
However, this is all new to me so not sure.
Other figures given:
Acquistion fee: $795
Hope this answers your questions.

So just reviewed the dealer's quote page and now finally understand how they arrived at $2,625 cash due on lease.
It includes the following.
First payment 438.46
rebate cap reduction 1,000
tax on cap reduction 73.75
upfront sales tax 1,164.11
acquistion fee 795
tire fee 10
insp fee 10
doc fee 75
tax on fees 58.63
rebate - $1,000

The first 9 items are added and then the real rebate is subtracted.
Feeling a little stupid for not understanding this before.

happymania1 · July 2015

Good evening or morning,
I've always read the post, but this is my first time leave any questions. I also just registered to the site.

First of all, I want to leave the comment I got from my e-mail and see if this person is lying or telling me the truth..

"528i has a 64% residual 328i has 66%. Money Factor is determine by your credit and also if you leave multiple security deposit. If you do not leave MSD I can lower it to 1.30 and I am all in at that point. If you want 12k miles per year it will raise the payment by 16 dollar. "

Second of all, I got some quote, but I am wondering about this fee and want to check of course I did not get a horrible deal with some crook.

Here we go..

Index Description MSRP
Base Price $37,500.00
ZPP Premium Package 3,100.00
494 Heated Front Seats 500.00
4AB Dark Burl Walnut Wood Trim 0.00
4DM Pearl Gloss Chrome Trim Highlight 0.00
609 Navigation System 2,150.00
Tier II Discount - Pre 1/2015 Inventory 0.00
Destination and Handling Discount - Pre 6/22/2015 Inventory -45.00

Special Orders & Port Added Accessories 730.00 ---- what is this fee??????????
Destination and Handling 995.00

TOTAL AS EQUIPPED $44,930.00
SELLING PRICE $39,720.00

Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 10,000/year
Money Factor 1.49
Residual Factor 66%

Selling Price $39,720.00

Total Capitalized Cost
$40,645.00

Residual Value $29,653.80
Total Depreciation $10,019.47
Capital Reduction $971.73
Monthly Depreciation $278.32
Monthly Rent $103.30

Monthly Payment $381.62
Tax (9%) $34.35

Monthly Payment + Tax $415.96

Capital Reduction $971.73 ------------- Is this a down payment??
Cap Reduction Tax (9%) $94.66
License & Registration $393.75
Documentation Fee $80.00
First Payment $415.96
Security Deposit $0.00

Drive Off $1,956.10

Trade Equity $0.00
Rebate $0.00

Due at Signing $1,956.10

So far, this is the best number I got, but questionable with money factor, residual value and weird fee up there says Special Orders & Port Added Accessories

Please help me. Thank you in advance.

kyfdx · July 2015

verity said:

verity said:

kyfdx said:

verity said:
Can you tell me if this is a good lease deal for a 2015 328i xDrive?
36 months / 12,000 miles/yr

MSRP $48,195
Selling Price $44,220
Residual $31,327
Money Factor .00130
Cash due on lease $2,625
$438.46

I tried calculating myself and got $408 but could have done something wrong.
Thanks

Just using the .00130 MF and 65% residual, I get $456/mo.

What we don't know:
What does the $2625 cover? Any of that a CAP reduction?
Does this price include tax?
There are 2 $1,000 rebates. One is called a "rebate" the other is called a "rebate cap reduction".
"upfront sales tax" is $1,164.11
I believe that $2,625 cash due on lease is a reduction on the selling price.
However, this is all new to me so not sure.
Other figures given:
Acquistion fee: $795
Hope this answers your questions.
So just reviewed the dealer's quote page and now finally understand how they arrived at $2,625 cash due on lease.
It includes the following.
First payment 438.46
rebate cap reduction 1,000
tax on cap reduction 73.75
upfront sales tax 1,164.11
acquistion fee 795
tire fee 10
insp fee 10
doc fee 75
tax on fees 58.63
rebate - $1,000

The first 9 items are added and then the real rebate is subtracted.
Feeling a little stupid for not understanding this before.

Okay... if the adjusted CAP cost is the selling price minus the $1000 rebate, then I get a payment of about $427/mo.

Off a little bit from their $438, but close. If we knew the actual net/adjusted CAP cost, it would probably be exact.

kyfdx · July 2015

happymania1 said:
Good evening or morning,
I've always read the post, but this is my first time leave any questions. I also just registered to the site.

First of all, I want to leave the comment I got from my e-mail and see if this person is lying or telling me the truth..

"528i has a 64% residual 328i has 66%. Money Factor is determine by your credit and also if you leave multiple security deposit. If you do not leave MSD I can lower it to 1.30 and I am all in at that point. If you want 12k miles per year it will raise the payment by 16 dollar. "

Second of all, I got some quote, but I am wondering about this fee and want to check of course I did not get a horrible deal with some crook.

Here we go..

Index Description MSRP
Base Price $37,500.00

Special Orders & Port Added Accessories 730.00 ---- what is this fee??????????
Destination and Handling 995.00

TOTAL AS EQUIPPED $44,930.00
SELLING PRICE $39,720.00

Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 10,000/year
Money Factor 1.49
Residual Factor 66%

Selling Price $39,720.00

Total Capitalized Cost
$40,645.00

Residual Value $29,653.80
Total Depreciation $10,019.47
Capital Reduction $971.73
Monthly Depreciation $278.32
Monthly Rent $103.30

Monthly Payment $381.62
Tax (9%) $34.35

Monthly Payment + Tax $415.96

Capital Reduction $971.73 ------------- Is this a down payment??
Cap Reduction Tax (9%) $94.66
License & Registration $393.75
Documentation Fee $80.00
First Payment $415.96
Security Deposit $0.00

Drive Off $1,956.10

Trade Equity $0.00
Rebate $0.00

Due at Signing $1,956.10

So far, this is the best number I got, but questionable with money factor, residual value and weird fee up there says Special Orders & Port Added Accessories

Please help me. Thank you in advance.

1) There is some option added at the Port on this unit. Could be a spoiler, or carbon fiber mirrors... something. The good thing is, Port installed options that are part of the MSRP are also part of the residual. So, it's not a fee, it's an option.

2) The difference between selling price and CAP cost is the acquisition fee. $925. This is marked up from the base fee of $795.

3) Assuming 1.49 MF = .00149. This is also marked up from the base .00130, but as you noted, he is offering to remove the markup to close the deal. His residuals are correct, as well.

4) Yes, CAP reduction is a downpayment. The net CAP cost is the $40,645 minus $971.

5) Getting the .00130 MF will lower the payment about $13/mo.+tax. Going to 12K/yr will lower the residual by 1%, raising the payment by about $12/mo.+tax. (if you do both, the payment should be about the same).

verity · July 2015

kyfdx said:

verity said:

verity said:

kyfdx said:

verity said:
Can you tell me if this is a good lease deal for a 2015 328i xDrive?
36 months / 12,000 miles/yr

MSRP $48,195
Selling Price $44,220
Residual $31,327
Money Factor .00130
Cash due on lease $2,625
$438.46

I tried calculating myself and got $408 but could have done something wrong.
Thanks

Just using the .00130 MF and 65% residual, I get $456/mo.

What we don't know:
What does the $2625 cover? Any of that a CAP reduction?
Does this price include tax?
There are 2 $1,000 rebates. One is called a "rebate" the other is called a "rebate cap reduction".
"upfront sales tax" is $1,164.11
I believe that $2,625 cash due on lease is a reduction on the selling price.
However, this is all new to me so not sure.
Other figures given:
Acquistion fee: $795
Hope this answers your questions.
So just reviewed the dealer's quote page and now finally understand how they arrived at $2,625 cash due on lease.
It includes the following.
First payment 438.46
rebate cap reduction 1,000
tax on cap reduction 73.75
upfront sales tax 1,164.11
acquistion fee 795
tire fee 10
insp fee 10
doc fee 75
tax on fees 58.63
rebate - $1,000

The first 9 items are added and then the real rebate is subtracted.
Feeling a little stupid for not understanding this before.

Okay... if the adjusted CAP cost is the selling price minus the $1000 rebate, then I get a payment of about $427/mo.

Off a little bit from their $438, but close. If we knew the actual net/adjusted CAP cost, it would probably be exact.

I think I should take a step back and determine if the negotiated price is a good one. Have not done that.
This is a 328i xdrive, with nav, cold weather package, passanger assister, metallic paint, premium package. I checked that on your website and get a number several thousand less than the 44,220 I am quoted. I get $41,813.

Also it is not clear to me how he arrived at the $44,220 selling price.

Michaell · July 2015

verity said:

kyfdx said:

verity said:

verity said:

kyfdx said:

verity said:
Can you tell me if this is a good lease deal for a 2015 328i xDrive?
36 months / 12,000 miles/yr

MSRP $48,195
Selling Price $44,220
Residual $31,327
Money Factor .00130
Cash due on lease $2,625
$438.46

I tried calculating myself and got $408 but could have done something wrong.
Thanks

Just using the .00130 MF and 65% residual, I get $456/mo.

What we don't know:
What does the $2625 cover? Any of that a CAP reduction?
Does this price include tax?
There are 2 $1,000 rebates. One is called a "rebate" the other is called a "rebate cap reduction".
"upfront sales tax" is $1,164.11
I believe that $2,625 cash due on lease is a reduction on the selling price.
However, this is all new to me so not sure.
Other figures given:
Acquistion fee: $795
Hope this answers your questions.
So just reviewed the dealer's quote page and now finally understand how they arrived at $2,625 cash due on lease.
It includes the following.
First payment 438.46
rebate cap reduction 1,000
tax on cap reduction 73.75
upfront sales tax 1,164.11
acquistion fee 795
tire fee 10
insp fee 10
doc fee 75
tax on fees 58.63
rebate - $1,000

The first 9 items are added and then the real rebate is subtracted.
Feeling a little stupid for not understanding this before.

Okay... if the adjusted CAP cost is the selling price minus the $1000 rebate, then I get a payment of about $427/mo.

Off a little bit from their $438, but close. If we knew the actual net/adjusted CAP cost, it would probably be exact.
I think I should take a step back and determine if the negotiated price is a good one. Have not done that.
This is a 328i xdrive, with nav, cold weather package, passanger assister, metallic paint, premium package. I checked that on your website and get a number several thousand less than the 44,220 I am quoted. I get $41,813.

Also it is not clear to me how he arrived at the $44,220 selling price.

You should be able to get 5-7% off sticker before any incentives are applied.

spe135 · July 2015

Please rate this deal: (I live in IL)

2015 BMW 335i Demo (Has 2983 miles)
MSRP: $52,450
Sales Price: $44,860
Net Cap Cost: $46,879 (Sales Price + $795 Acquisition Fee + $1224 Taxes)
MF: .0013
Residual Value: $34118.73
Due at Signing: $849.18 (First Month's + $389.43(Tag/Title/Plates))

Total Monthly Payment: $459.75

spe135 · July 2015

spe135 said:
Please rate this deal: (I live in IL)

2015 BMW 335i Demo (Has 2983 miles)
MSRP: $52,450
Sales Price: $44,860
Net Cap Cost: $46,879 (Sales Price + $795 Acquisition Fee + $1224 Taxes)
MF: .0013
Residual Value: $34118.73
Due at Signing: $849.18 (First Month's + $389.43(Tag/Title/Plates))

Total Monthly Payment: $459.75

36 month lease, 10,000 miles.

Michaell · July 2015

spe135 said:

spe135 said:
Please rate this deal: (I live in IL)

2015 BMW 335i Demo (Has 2983 miles)
MSRP: $52,450
Sales Price: $44,860
Net Cap Cost: $46,879 (Sales Price + $795 Acquisition Fee + $1224 Taxes)
MF: .0013
Residual Value: $34118.73
Due at Signing: $849.18 (First Month's + $389.43(Tag/Title/Plates))

Total Monthly Payment: $459.75

36 month lease, 10,000 miles.

I get $460.44, so pretty close to your quote. Decent discount from sticker (as befitting a demo) and the base MF make this a pretty sweet deal for a $52K car.

zoombie99 · July 2015

1) There is some option added at the Port on this unit. Could be a spoiler, or carbon fiber mirrors... something. The good thing is, Port installed options that are part of the MSRP are also part of the residual. So, it's not a fee, it's an option.

2) The difference between selling price and CAP cost is the acquisition fee. $925. This is marked up from the base fee of $795.

3) Assuming 1.49 MF = .00149. This is also marked up from the base .00130, but as you noted, he is offering to remove the markup to close the deal. His residuals are correct, as well.

4) Yes, CAP reduction is a downpayment. The net CAP cost is the $40,645 minus $971.

5) Getting the .00130 MF will lower the payment about $13/mo.+tax. Going to 12K/yr will lower the residual by 1%, raising the payment by about $12/mo.+tax. (if you do both, the payment should be about the same).

#1 - This should be reflected on the sticker from BMW.
#2 - I don't think it is marked up, it's the new fee as of August 1st. If the OP leases before 8/1, it should be $795.

pod8 · July 2015

I need help? NYC area, 36 mos/12k...335i xDrive Sedan, residual and money factor. Also the same question for the 328xiDrive Sedan. Thank you.

Michaell · July 2015

pod8 said:

I need help? NYC area, 36 mos/12k...335i xDrive Sedan, residual and money factor. Also the same question for the 328xiDrive Sedan. Thank you.

.00130 and 65% for both models. $1000 buildout cash.

happymania1 · July 2015

Hello, can you please tell me if this is a good deal?
MSRP 45195
with wheel locks add on It became 45355

Selling price 39995 However, total Capitalized cost became 40920 because dealer added bank fee for 925
but he already added destination and handling fee for 995 which became 45355

36month 10000/tr
1.3/66%

residual value 29934.30
capital reduction 573.91
monthly payment with tax 411.03 (tax was calculated 8% it is actually 8.1)

Drive off 1500 including cap reduction 573.91 tax for that 52.31 License and registration 382.75 doc fee 80
first payment 411.03

So my 1st question is.. is this a good deal?
2nd is bank fee is 925.. Is this a legit fee? there is already destination and handling fee for 995
3rd question is I heard there are 1000 credit for this month? Where can they apply it?
4th question is If I want 12000/yr monthly payment will go up about $12??

Thank you so much in advance. This is a great place!

Michaell · July 2015

happymania1 said:
Hello, can you please tell me if this is a good deal?
MSRP 45195
with wheel locks add on It became 45355

Selling price 39995 However, total Capitalized cost became 40920 because dealer added bank fee for 925
but he already added destination and handling fee for 995 which became 45355

36month 10000/tr
1.3/66%

residual value 29934.30
capital reduction 573.91
monthly payment with tax 411.03 (tax was calculated 8% it is actually 8.1)

Drive off 1500 including cap reduction 573.91 tax for that 52.31 License and registration 382.75 doc fee 80
first payment 411.03

So my 1st question is.. is this a good deal?
2nd is bank fee is 925.. Is this a legit fee? there is already destination and handling fee for 995
3rd question is I heard there are 1000 credit for this month? Where can they apply it?
4th question is If I want 12000/yr monthly payment will go up about $12??

Thank you so much in advance. This is a great place!

My calculations are only a few pennies different from yours.

Bank fee is imposed by the bank and cannot be waived. It is different from the destination fee.

The $1000 credit is probably built into the selling price, but it doesn't hurt to ask and see if that number can go lower.

If you change the number of miles per year from 10,000 to 12,000 the payment does go up about $12-13.

cantab1 · July 2015

About to go through with this... how's my deal?

New 2015 328xi, Imperial Blue, Beige
Driver Assistance
Nav
Heated Front Seats

MSRP: 44,600
Invoice: 41,750
Selling Price before incentives: 39,797
With incentives: 37,797
additional $1000 college discount after tax
72% residual for 2yr
~$400 DMV
$370 doc fee

Acq fee waived with .00035 increase in MF. Total MF = .00116 after security deposits

$349/mo including fees/first month/tax -- 2yr/10k miles
150 down (to reduce security deposits)
2450 MSD

$150 drive off besides MSD

kyfdx · July 2015

cantab1 said:
About to go through with this... how's my deal?

New 2015 328xi, Imperial Blue, Beige
Driver Assistance
Nav
Heated Front Seats

MSRP: 44,600
Invoice: 41,750
Selling Price before incentives: 39,797
With incentives: 37,797
additional $1000 college discount after tax
72% residual for 2yr
~$400 DMV
$370 doc fee

Acq fee waived with .00035 increase in MF. Total MF = .00116 after security deposits

$349/mo including fees/first month/tax -- 2yr/10k miles
150 down (to reduce security deposits)
2450 MSD

$150 drive off besides MSD

That's a great deal.. Looks like you could have had a 36 month lease for about $25/mo. less. But, I see the appeal of 24 months.

RonA13 · July 2015

Hi,

Can you explain the option I see above regarding waiving the acquisition fee in place of a higher money factor? Is it better to use the acquisition fee money towards MSD instead? Do you know if any of the details here will change in August with the new $925 acquisition fee?

Thanks!

-Ron

happymania1 · July 2015

Michaell said:

happymania1 said:
Hello, can you please tell me if this is a good deal?
MSRP 45195
with wheel locks add on It became 45355

Selling price 39995 However, total Capitalized cost became 40920 because dealer added bank fee for 925
but he already added destination and handling fee for 995 which became 45355

36month 10000/tr
1.3/66%

residual value 29934.30
capital reduction 573.91
monthly payment with tax 411.03 (tax was calculated 8% it is actually 8.1)

Drive off 1500 including cap reduction 573.91 tax for that 52.31 License and registration 382.75 doc fee 80
first payment 411.03

So my 1st question is.. is this a good deal?
2nd is bank fee is 925.. Is this a legit fee? there is already destination and handling fee for 995
3rd question is I heard there are 1000 credit for this month? Where can they apply it?
4th question is If I want 12000/yr monthly payment will go up about $12??

Thank you so much in advance. This is a great place!
My calculations are only a few pennies different from yours.

Bank fee is imposed by the bank and cannot be waived. It is different from the destination fee.

The $1000 credit is probably built into the selling price, but it doesn't hurt to ask and see if that number can go lower.

If you change the number of miles per year from 10,000 to 12,000 the payment does go up about $12-13.

Is this a decent deal? I am not sure if I need to ask for more. If I buy MSDS to the max.. what is the MF and how much the monthly payment will be?

cantab1 · July 2015

RonA13 said:
Hi,

Can you explain the option I see above regarding waiving the acquisition fee in place of a higher money factor? Is it better to use the acquisition fee money towards MSD instead? Do you know if any of the details here will change in August with the new $925 acquisition fee?

Thanks!

-Ron

Hey! The waiver is an uncommonly done thing that BMWFS allows that I read about on the internet (turns out it's true). For a shorter 24 month lease, I saved around $12 compared to rolling the bank fee into the monthly payments. For a longer 36 month lease, it might increase payments because of the greater interest. Your dealer might not know about it, but their finance department should. And no idea about how things will change in August.

kyfdx · July 2015

RonA13 said:
Hi,

Can you explain the option I see above regarding waiving the acquisition fee in place of a higher money factor? Is it better to use the acquisition fee money towards MSD instead? Do you know if any of the details here will change in August with the new $925 acquisition fee?

Thanks!

-Ron

You only come out ahead, if it's a shorter term and/or a low price vehicle. Considering the .00035 bump, it is usually cheaper to pay it, than take the waiver... for a 36 month lease. You don't have to pay it upfront. It can be rolled into the CAP cost.

Not sure what you mean about details. There is a new program scheduled for August 1st. The acquisition fee change won't have any effect on that, though.

bananaero · July 2015

Hello,

Could I get the 27 month and 36 month lease rates for 2015 328d x drive wagon?

Thank you,

Ban

Michaell · July 2015

bananaero said:
Hello,

Could I get the 27 month and 36 month lease rates for 2015 328d x drive wagon?

Thank you,

Ban

.00130 and 61% for 36/15. $500 eco credit and $1000 buildout cash

No 27 month program for BMW

FYI, these numbers expire today.

RonA13 · July 2015

Tkyfdx said:

Hi, Can you explain the option I see above regarding waiving the acquisition fee in place of a higher money factor? Is it better to use the acquisition fee money towards MSD instead? Do you know if any of the details here will change in August with the new $925 acquisition fee? Thanks! -Ron
You only come out ahead, if it's a shorter term and/or a low price vehicle. Considering the .00035 bump, it is usually cheaper to pay it, than take the waiver... for a 36 month lease. You don't have to pay it upfront. It can be rolled into the CAP cost. Not sure what you mean about details. There is a new program scheduled for August 1st. The acquisition fee change won't have any effect on that, though.

thanks for the clarification here. With the new, higher aquisition fee I was trying to see if applying the $995 towards MSDs would reduce the rate by more than it would increase by waiving the acq fee. It appears in most 36 mo cases it won't work out.

Still always nice to know all the tricks at our disposal!

Thanks,

ron

beamerdon · August 2015

Hi, I am planning to lease BMW 328i xdrive in Seattle for 36 months and 12k miles per year. I am leasing for the first time and read a few blogs but am a bit confused now. Following are my car details, could you tell me what will be a good deal for me -

MSRP - 46,200
Avg Sale Price - 42,900 (KBB) in Seattle area

I am aiming at less than $400 per month with tax (tax rate at 8.88% in WA) and am flexible with down payment upto 5k.

Based on some friends deals, I quoted $380 per month with tax and 4k down payment to one of the dealers but he said he cannot do the deal on that. He did not provide me with any cost breakdown but quoted $524 per month with 4k down for a similar $47k 328i x drive. Was I offering a fair deal?

Also, today I came across http://www.pugetsoundbmw.com/Vehicles/2015/3/328ixdrivesedan/SpecialOffers.aspx?namc=153U&offertype=l

I want to get the car this week. Please let me know.

zoombie99 · August 2015

You need ask the dealer for a complete breakdown including the money factor and residual. You need to focus on getting the lease based on the lowest purchase price. Ask the dealer to itemize all charges. You can save $1,000 if you can sign up and get to this event today but it may be too late.

https://ude.bmwusa.com/

Also, you need to learn about MSDs and how to use them. Don't put that much money down. What happens if the car is stolen next week? The insurance may pay the balance of the lease payments but you may be out the 4 grand.

335imike · August 2015

Looking to get feedback on a lease deal that I want to finalize tomorrow.
2015 335i m sport
MSRP: $57,820
Net Cap Cost: $53,688.57
Residual: 65%
Money Factor: 0.00130
FL sales tax: 6%
36month/10k miles

From what I've gathered the deal would be $675/month with no money down. Any feedback is much appreciated!

lightsyde · August 2015

Please let me know what is the August residual for 24/36 months with 12k miles per year for the following vehicles:

2015 BMW 328i
2015 BMW 328xi
2015 BMW 335i

Thanks!

Kirstie_H · August 2015

A reporter is looking to talk with a Millennial (age 18-34) who leased a luxury car within the last year. If you're able to help, please send your details to pr@edmunds.com by no later than August 4, 2015.

kyfdx · August 2015

lightsyde said:
Please let me know what is the August residual for 24/36 months with 12k miles per year for the following vehicles:

2015 BMW 328i
2015 BMW 328xi
2015 BMW 335i

Thanks!

.00130 MF and 64% residual. $1000 buildout cash. On any of the three

devilsadvct33 · August 2015

Hi,

Can I get residual and MF for the 328d for 24 and 36 mos with 15k per year? Thank you.

RonA13 · August 2015

So residuals declined in August?

carpool4 · August 2015

Hi -
I'm trying to lease a 328xi. 36 months, 12k miles, msrp 37950. we're going back and forth on selling price, and I can't see to seem to get them down. I was told invoice is 35860 and I'm trying pay below that but can't find a dealer to do it.

Am I being unrealistic to get this vehicle at least $1000 below invoice for a total payment of $400/month only paying the first payment and rolling in all other fees? I'm in MA and pay 6.25% tax on the monthly payment.

Thanks!

kyfdx · August 2015

devilsadvct33 said:
Hi,

Can I get residual and MF for the 328d for 24 and 36 mos with 15k per year? Thank you.

.00130 MF and 67%/61% residual. $1000 buildout cash, $500 eco credit.

kyfdx · August 2015

RonA13 said:
So residuals declined in August?

If you say so.. I only look up one month at a time.

kyfdx · August 2015

carpool4 said:
Hi -
I'm trying to lease a 328xi. 36 months, 12k miles, msrp 37950. we're going back and forth on selling price, and I can't see to seem to get them down. I was told invoice is 35860 and I'm trying pay below that but can't find a dealer to do it.

Am I being unrealistic to get this vehicle at least $1000 below invoice for a total payment of $400/month only paying the first payment and rolling in all other fees? I'm in MA and pay 6.25% tax on the monthly payment.

Thanks!

There is a $1000 incentive on this vehicle. If you get $1000 under invoice, where is the profit?

Even if there is profit, if you can't find a dealer to go that low, that pretty much answers your question.

RonA13 · August 2015

It appears so as 12/36 on the 3-series was 65%/.00130 in July. Just surprising as I would think BMW is trying to move the 2015s to make way for the 2016s.

Thanks as always, for the help!

Michaell · August 2015

RonA13 said:
It appears so as 12/36 on the 3-series was 65%/.00130 in July. Just surprising as I would think BMW is trying to move the 2015s to make way for the 2016s.

Thanks as always, for the help!

Might not be a lot of inventory for BMW to move, so they feel comfortable decreasing the residual this month.

Hard to say what goes on in the back rooms of the finance companies...

beamerdon · August 2015

I went to the dealer and he is quoting me the following-

BMW 328i x drive
Lease period - 36 months
Miles per year - 12k
MSRP - $46205
After Discount - $43187
Per Month including tax for 35 months - $462.53
Down Payment - $5000 = $375.50 (Tax) + $369 (leasing fee - titles, etc.) + $950 (Acquisition fees) + $462.53 (first month's payment) + rest as down payment.
Residual value - 64% ($29571.2)
MF - did not share
Sales tax rate - 9.9% (Seattle, WA)
KBB fair purchase value - $42395

With Down payment of $2500, the per month payment becomes $538.59. However, based on my calculation I think per month numbers are high.

What should be a good price? Also, is 12k month lease is advisable against 10k given that the residual becomes 65% with 10k?

Michaell · August 2015

beamerdon said:
I went to the dealer and he is quoting me the following-

BMW 328i x drive
Lease period - 36 months
Miles per year - 12k
MSRP - $46205
After Discount - $43187
Per Month including tax for 35 months - $462.53
Down Payment - $5000 = $375.50 (Tax) + $369 (leasing fee - titles, etc.) + $950 (Acquisition fees) + $462.53 (first month's payment) + rest as down payment.
Residual value - 64% ($29571.2)
MF - did not share
Sales tax rate - 9.9% (Seattle, WA)
KBB fair purchase value - $42395

With Down payment of $2500, the per month payment becomes $538.59. However, based on my calculation I think per month numbers are high.

What should be a good price? Also, is 12k month lease is advisable against 10k given that the residual becomes 65% with 10k?

The number of miles you contract for should be dependent on your driving needs, not your budget. More expensive to pay for those miles at the end of the lease rather than every month as part of the payment.

Also, we do not recommend making a down payment - if the car is stolen or totaled, you lose that money. Keep the out of pocket to the fees and taxes.

Base MF is .00130; using your MSRP and discounted price, I get a payment of $519.61/mo after adding tax (10%? Ouch.). This leads me to believe the MF is being marked up on you

You aren't getting much of a discount off sticker; there is $1000 buildout cash, so the true discount is only about $2K.

hyun1120 · August 2015

zoombie99 said:
You need ask the dealer for a complete breakdown including the money factor and residual. You need to focus on getting the lease based on the lowest purchase price. Ask the dealer to itemize all charges. You can save $1,000 if you can sign up and get to this event today but it may be too late.

https://ude.bmwusa.com/

Also, you need to learn about MSDs and how to use them. Don't put that much money down. What happens if the car is stolen next week? The insurance may pay the balance of the lease payments but you may be out the 4 grand.

Do UDE credit expire at some point? Looking into attending Nov event in NY. Just wondering if I can use the credit in December, if I attend the event in Nov.

Thank you.

RonA13 · August 2015

I've heard it is good for 60 days after the event.

themoneyfactor · August 2015

Can you provide money factor and residual for 2015 Activehybrid 3, 36 months, 10k and 12k per year? Many thanks!

kyfdx · August 2015

themoneyfactor said:
Can you provide money factor and residual for 2015 Activehybrid 3, 36 months, 10k and 12k per year? Many thanks!

.00130 MF and 64%/63% residual. $1000 buildout cash. $500 eco credit.

2015 BMW 3-Series Lease Questions

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