2015 BMW 3-Series Lease Questions

kyfdx · August 2015

eisnerdc said:

Michaell said:

eisnerdc said:
Can you tell me if I am getting a good deal?

2015 328 XI
36 month lease
MSRP: $49,970
Price paid: $44,227

Residual: 65%
10,000 miles per year
MF: .0013
$0 down, only paying 1st month payment
$535/month (includes all taxes and fees)
Those numbers give me $426/mo before tax.

What is the net cap cost? What state and tax rate is this?
It's Maryland (6%). So the taxes are $2,672. Acquisition fee of $925. Adjusted residual is $32,480.50. Another $624 is fees (doc fee; $300, govt fees $351, $500 upfront payment then offset by a $500 USAA rebate of $500).

Ah... $3600 in tax and acq.fees.. That's where the extra $100/mo. comes in.

Even considering the $1000 incentive on this model, the discount is very good. You did pretty well.

eisnerdc · August 2015

Thank you

juny916 · August 2015

Can you please give me the residual rates for a 328ix and 328d wagons for 12k/15k and available incentives? Can the build outcash and eco credit be combined? Are these rates for the wagons and sedans the same? Also, any word on the September 2015 rates?

jmpage2 · September 2015

September MF/residual on 2015 and 2016 3-series please? Also is there any new incentive that replaces the build credit?

atos2012 · September 2015

Hi guys, can i please get numbers for September on 320 and 328 36/10k, Thanks.

Michaell · September 2015

juny916 said:
Can you please give me the residual rates for a 328ix and 328d wagons for 12k/15k and available incentives? Can the build outcash and eco credit be combined? Are these rates for the wagons and sedans the same? Also, any word on the September 2015 rates?

September numbers:

328xi Wagon - .00130 and 64% / 62%. $1500 buildout credit
328xd Wagon - .00130 and 63% / 61%. $1500 buildout credit and $500 eco credit; can be combined.

Residuals are different for the sedans - 1% less on the residual.

Michaell · September 2015

jmpage2 said:
September MF/residual on 2015 and 2016 3-series please? Also is there any new incentive that replaces the build credit?

No updated 2016 numbers yet.

Which model? Which engine? What lease term?

$1500 buildout credit this month.

Michaell · September 2015

atos2012 said:
Hi guys, can i please get numbers for September on 320 and 328 36/10k, Thanks.

320i - .00130 and 63%
328i - .00130 and 64%

$1500 buildout credit

jmpage2 · September 2015

2015 335xi Sport Model 3 year 10K mile lease. Thanks!

Michaell · September 2015

jmpage2 said:
2015 335xi Sport Model 3 year 10K mile lease. Thanks!

.00130 and 64%. $1500 buildout credit.

zonedriver · September 2015

Hi, I am in Northern California. Can I get the Sep numbers for 335i? 36/10 and 36/12
What is build out cash?

Michaell · September 2015

zonedriver said:
Hi, I am in Northern California. Can I get the Sep numbers for 335i? 36/10 and 36/12
What is build out cash?

.00130 and 64% for 36/10. Subtract 1% for 12k

$1500 buildout cash is an incentive used to lower the selling price of the car, or to offset the upfront costs of a lease.

jmpage2 · September 2015

Is $1500 buildout cash applicable on 2016 models also or only 2015 models? Thanks.

reston8 · September 2015

Northern Virginia dealer quoted MF .00170 (?) but I see .00130 posted here and most recent as today. I'm interested in numbers for 328i xDrive 36/10. Thank you!

kyfdx · September 2015

jmpage2 said:
Is $1500 buildout cash applicable on 2016 models also or only 2015 models? Thanks.

2015 only

kyfdx · September 2015

reston8 said:
Northern Virginia dealer quoted MF .00170 (?) but I see .00130 posted here and most recent as today. I'm interested in numbers for 328i xDrive 36/10. Thank you!

.00130 MF and 64% residual. $1500 buildout cash.

Maximum MF markup is .00040

reston8 · September 2015

Northern VA dealers response to my .00170 inquire "the money factor of .00170 is based of the top tier credit. Any credit score lower than 675 will cause a jump in the money factor" therefore since my credit is top tier I should be eligible for .00130? Also, is 64% residual plus $1500 buildout cash?

Michaell · September 2015

reston8 said:
Northern VA dealers response to my .00170 inquire "the money factor of .00170 is based of the top tier credit. Any credit score lower than 675 will cause a jump in the money factor" therefore since my credit is top tier I should be eligible for .00130? Also, is 64% residual plus $1500 buildout cash?

Keep expanding your search ... it only takes one dealer to meet your demand of the base MF of .00130.

64% is the 36/10 residual, $1500 buildout cash this month.

copertino · September 2015

Hi
I have 2 deal negotiated with the dealer
2015 335 GT NEW
M package
Nav , driver assist , conveni package
MSRP 59325
Selling price 54320
MF 0.0013
Residual 65%
Residual value 38561
Acquisition fee 925
Doc fee 589
36/10K
Monthly 620 include 6% taxes
Out of pocket 1444 ( first month , dmv, doc fee)

The second deal on
2015 328 GT DEMO 8000 miles
MSRP 52550
Selling price 43290
MF 0.0013
Residual 65%
Residual value 32615 ( after 1505 deduction for the 8000 miles on the car)
Acquisition fee 925
Monthly 419.45+27.27 tax = 446.72
Out of pocket 1300 ( first mont doc fee dmv)
36/10K

So the question is this a good deals ?
Should I consider the first one that has no miles
Or it's ok Leasing a car with 8k miles
Thanks

Michaell · September 2015

copertino said:
Hi
I have 2 deal negotiated with the dealer
2015 335 GT NEW
M package
Nav , driver assist , conveni package
MSRP 59325
Selling price 54320
MF 0.0013
Residual 65%
Residual value 38561
Acquisition fee 925
Doc fee 589
36/10K
Monthly 620 include 6% taxes
Out of pocket 1444 ( first month , dmv, doc fee)

The second deal on
2015 328 GT DEMO 8000 miles
MSRP 52550
Selling price 43290
MF 0.0013
Residual 65%
Residual value 32615 ( after 1505 deduction for the 8000 miles on the car)
Acquisition fee 925
Monthly 419.45+27.27 tax = 446.72
Out of pocket 1300 ( first mont doc fee dmv)
36/10K

So the question is this a good deals ?
Should I consider the first one that has no miles
Or it's ok Leasing a car with 8k miles
Thanks

Both are using the base MF, so that's a good start. $170/mo is a big difference between the two deals - that's over $6K for the life of the lease. Is a car with 8000 miles on it worth that much to you? They'll both be under warranty the entire lease term.

copertino · September 2015

Thanks Michaell
I have tow sons that both are interested in the car so I may go with both !!
I just needed to make sure that I negotiated a good deal on either one.
I tried to squeeze the dealer for more discount if I go for both , but they said that
The selling price for either car is under invoice and no room to discount any more
What you think
Thanks

Michaell · September 2015

copertino said:
Thanks Michaell
I have tow sons that both are interested in the car so I may go with both !!
I just needed to make sure that I negotiated a good deal on either one.
I tried to squeeze the dealer for more discount if I go for both , but they said that
The selling price for either car is under invoice and no room to discount any more
What you think
Thanks

I don't track selling prices...

kash922 · September 2015

Hi-could you tell me whether this is a good deal?

2015 328 XI
36/12K lease
MSRP: $51,550
Price paid: $45,209

I see what they are calling gross capitalized cost as $49,442 ($45,209 for vehicle, $235 for tag/registration, $2,730.48 for MD tax, $925 acquisition, and $343 for processing).

I am unsure what the MF is (I know it can be determined by rent charge which is $4341.54)
Residual is showing as $32, 992.

$1000 down (including 1st month payment)
$551/month (includes all taxes and fees)

kash922 · September 2015

There is an adjusted cap cost of $48,493.66 after the cap reduction of $948.82 ($500 rebate and $448.82 toward the cap out-of-pocket).

Michaell · September 2015

kash922 said:
Hi-could you tell me whether this is a good deal?

2015 328 XI
36/12K lease
MSRP: $51,550
Price paid: $45,209

I see what they are calling gross capitalized cost as $49,442 ($45,209 for vehicle, $235 for tag/registration, $2,730.48 for MD tax, $925 acquisition, and $343 for processing).

I am unsure what the MF is (I know it can be determined by rent charge which is $4341.54)
Residual is showing as $32, 992.

$1000 down (including 1st month payment)
$551/month (includes all taxes and fees)

kash922 said:
There is an adjusted cap cost of $48,493.66 after the cap reduction of $948.82 ($500 rebate and $448.82 toward the cap out-of-pocket).

.00130 and 63% for 36/12.

Using your MSRP and gross cap cost, I get a payment of $550.19/mo. I'll assume rounding accounts for the difference.

If you're comfortable with the selling price, only way to make the deal better is to buy down the MF with MSD.

avianohome · September 2015

Hello,

Does BMW offer a better residual rate to use for a lease between 24-36 months for a 328iX Sedan?
(What are the current residual rates for Sept- did they change from August?)
Benz sometimes offers same residual on a 30Month lease as 24 - this makes for a great lease rate.

Also - mileage per year - It sounds like base residual is for 10k/year - with +1 for 12k and +2 for 15k
Am I Correct?

Michaell · September 2015

avianohome said:
Hello,

Does BMW offer a better residual rate to use for a lease between 24-36 months for a 328iX Sedan?
(What are the current residual rates for Sept- did they change from August?)
Benz sometimes offers same residual on a 30Month lease as 24 - this makes for a great lease rate.

Also - mileage per year - It sounds like base residual is for 10k/year - with +1 for 12k and +2 for 15k
Am I Correct?

BMW does not have a program similar to MB in that regard. The best lease term is 36 months.

The normal numbers are for 15,000 miles per year. Add 2% to the residual for 12K and 3% for 10K.

Current lease numbers are .00130 and 61% for 36/15 on the 2015 328xi sedan. $1500 buildout cash.

bamabeamer65 · September 2015

Hi Michael,

I’m completely new to the car buying/leasing world as I have never bought from a dealer before so I was hoping for some help.

My fiance’ and I are looking at getting a BMW 320i, and leaning towards leasing. We are both 26 with combined income of almost $200k. My thinking is that the car we need now (small, good gas milage, etc.) is very different from the car we need in 3 years (likely have kids, so need bigger and different features), so leasing makes more sense than buying — do you agree?

Also, I’m not following all of these different terms and values used, such as residuals, buildout cash, capitalized cost, etc. These all obviously affect the type of deal you get — can you give me a bit of a crash course in what I need to know for leasing?

Thanks!

kyfdx · September 2015

bamabeamer65 said:
Hi Michael,

I’m completely new to the car buying/leasing world as I have never bought from a dealer before so I was hoping for some help.

My fiance’ and I are looking at getting a BMW 320i, and leaning towards leasing. We are both 26 with combined income of almost $200k. My thinking is that the car we need now (small, good gas milage, etc.) is very different from the car we need in 3 years (likely have kids, so need bigger and different features), so leasing makes more sense than buying — do you agree?

Also, I’m not following all of these different terms and values used, such as residuals, buildout cash, capitalized cost, etc. These all obviously affect the type of deal you get — can you give me a bit of a crash course in what I need to know for leasing?

Thanks!

http://forums.edmunds.com/discussion/12602/general/x/how-to-calculate-monthly-lease-payments/p1

http://www.edmunds.com/car-leasing/

ptrkng · September 2015

Hello all

Located in Southern California.
2015 BMW 320i
36 months / 10k a year
Received below quote from local dealer. Please see if this is solid deal or room for improvement.
MSRP 36855
Selling 33381
Money factor 0.00130
Out of pocket 1995 (including 1st month payment, security deposit and tax, fees)
Sales tax is 9% and taxed on monthly payement
$382.95 a month including tax

Thank you

kyfdx · September 2015

ptrkng said:
Hello all

Located in Southern California.
2015 BMW 320i
36 months / 10k a year
Received below quote from local dealer. Please see if this is solid deal or room for improvement.
MSRP 36855
Selling 33381
Money factor 0.00130
Out of pocket 1995 (including 1st month payment, security deposit and tax, fees)
Sales tax is 9% and taxed on monthly payement
$382.95 a month including tax

Thank you

.00130 MF and 63% residual. $1500 buildout cash.

I get $356/mo.+tax, assuming the selling price = net cap cost.

I don't think there is any security deposit on a BMWFS lease, right now. $925 acquisition fee, maybe?

ptrkng · September 2015

Thanks. I will ask for breakdown of the $1995 out of pocket.
Since there is $1500 buildout case, will it be too much to ask for even lower net cap cost. Say around $32500 range.

kyfdx · September 2015

ptrkng said:
Thanks. I will ask for breakdown of the $1995 out of pocket.
Since there is $1500 buildout case, will it be too much to ask for even lower net cap cost. Say around $32500 range.

Might be some more room, there... can't hurt to try.

leetfeat · September 2015

Hello,

What is the September MF and residual on a 2015 328i at 12k/yr 36 months and 10k/yr 36 months?

Thanks.

Michaell · September 2015

leetfeat said:
Hello,

What is the September MF and residual on a 2015 328i at 12k/yr 36 months and 10k/yr 36 months?

Thanks.

.00130 and 63% / 64%. $1500 buildout cash.

aril · September 2015

hello, do you have the mf and residual for 24 mos/12,000 miles and 36 mos/12,000 miles for a 328d wagon and for a 328i gt? thank you

Michaell · September 2015

aril said:
hello, do you have the mf and residual for 24 mos/12,000 miles and 36 mos/12,000 miles for a 328d wagon and for a 328i gt? thank you

.00130 MF for both cars and both terms

328d wagon - 69% / 63%. $500 eco credit and $1500 buildout credit
328i GT - 70% / 64%. $1500 buildout credit

waylonrobert · September 2015

Can I get September 2015 MF and residual % on 2015 328i 36 mos./10k? I'm seeing base of 0.0130 MF but am seeing 64% and 65% residual in various forums (current quote from dealer shows 65% residual on 2015 328i 36/10).

Which is accurate? Are dealers allowed to change the residual? Thanks!

kristinaelayne · September 2015

Is this a good deal? It seems high to me.

2015 328i 36/10k
Base $37,500
Options: Mineral Gray $550 and Driver Assist $950
Destination and Handling $995
Total $39,995
(wheel locks added? $160)
$40,155

Selling Price $36,185

MF 1.3
Residual 64%

Bank Fee $925

Cap Cost Total $37,110

Monthly plus CA tax 430.52

Capital Reduction ($0.22)
Cap Reduction Tax (8%) $6.40
License & Registration $358.75
Documentation Fee $80.00
First Payment $430.52
Security Deposit $0.00

Drive Off $875.44

kyfdx · September 2015

waylonrobert said:
Can I get September 2015 MF and residual % on 2015 328i 36 mos./10k? I'm seeing base of 0.0130 MF but am seeing 64% and 65% residual in various forums (current quote from dealer shows 65% residual on 2015 328i 36/10).

Which is accurate? Are dealers allowed to change the residual? Thanks!

.00130 MF and 64% residual. $1500 buildout cash.

65% was for last month.

kyfdx · September 2015

kristinaelayne said:
Is this a good deal? It seems high to me.

2015 328i 36/10k
Base $37,500
Options: Mineral Gray $550 and Driver Assist $950
Destination and Handling $995
Total $39,995
(wheel locks added? $160)
$40,155

Selling Price $36,185

MF 1.3
Residual 64%

Bank Fee $925

Cap Cost Total $37,110

Monthly plus CA tax 430.52

Capital Reduction ($0.22)
Cap Reduction Tax (8%) $6.40
License & Registration $358.75
Documentation Fee $80.00
First Payment $430.52
Security Deposit $0.00

Drive Off $875.44

Looks like your $430/mo. includes tax?

If so, it's a decent deal. No markups to the money factor.

You might be able to get $500 more off.. Would save $15/mo. Worth trying.

rat1head · September 2015

Hi folks,

I'm in the Bay Area/Northern CA and got this offer thrown at me today for a 335i, 36 months and 15k miles/year.

My Lease Offer

I was surprised the salesguy provided me a printout of his screen, but there it is. I removed a couple items specific about the car/dealer.

0.00170 MF, 61% residual and asking for $6k down to get the monthly payment down to my desired $500/mo payment. I'm not sure I want to put that much down, even though I can.

Thoughts on this? Thanks for your help!

Michaell · September 2015

rat1head said:
Hi folks,

I'm in the Bay Area/Northern CA and got this offer thrown at me today for a 335i, 36 months and 15k miles/year.

My Lease Offer

I was surprised the salesguy provided me a printout of his screen, but there it is. I removed a couple items specific about the car/dealer.

0.00170 MF, 61% residual and asking for $6k down to get the monthly payment down to my desired $500/mo payment. I'm not sure I want to put that much down, even though I can.

Thoughts on this? Thanks for your help!

Doesn't look like that good of a deal. The .00170 MF is the max allowed - base MF is .00130. And, we don't recommend putting any money down on a lease; if the car is stolen or totaled, you lose that money. You may want to consider MSD to buy down the base MF - 7 are allowed and the effective MF would drop to .00081.

reston8 · September 2015

Hello- dealer lease offer for 2015 328i x in northern Virginia:
MFSP: $48,150
Sell price: $41,475 (includes build-out incentives)
Upfront: $3,332 ($1908 tax, $499 process fee, $925 acquisition fee)
15K miles
MF: .00170
Lease: $457 with 1st month waived

Is this a good deal? Thank you

kyfdx · September 2015

reston8 said:
Hello- dealer lease offer for 2015 328i x in northern Virginia:
MFSP: $48,150
Sell price: $41,475 (includes build-out incentives)
Upfront: $3,332 ($1908 tax, $499 process fee, $925 acquisition fee)
15K miles
MF: .00170
Lease: $457 with 1st month waived

Is this a good deal? Thank you

.00130 MF and 61% residual. $1500 buildout cash.

The money factor markup adds $29/mo. Of course, you have a big discount from MSRP and that might not be achievable with the base MF.

I'd keep the $3332 in my pocket and take the higher payment. (about $555/mo.)

reston8 · September 2015

Thank you! Would MSD towards MF apply if I inquired to dealer?

kyfdx · September 2015

reston8 said:
Thank you! Would MSD towards MF apply if I inquired to dealer?

Yes.. It's at the dealer's discretion, but very few will turn you down.

josealonso · September 2015

Guys first time leasing! and i would like for you guys to help and see if this is a good deal on a 2015 bmw 320i in florida.

$279*/month for 36 months.
• $4,204 Cash due at signing
◦ $279 First months payment
◦ $3,000 Down payment
◦ $0 Security Deposit
◦ $925 Acquisition fee
• Included in payment: $1,500 Build-Out Cash

- Monthly lease payments of $279.00 for 36 months based on MSRP of $35,345.00.
- $4,204.00 cash due at signing is based on $3,000.00 down payment, $279.00 first month payment, $925.00 acquisition fee, and $.00 security deposit (not all customers will qualify for security deposit waiver).
- Tax, title, license, registration and dealer fees are additional fees due at signing.
- Payments do not include applicable taxes. All figures presented are examples only. Actual MSRP may vary. Lessee responsible for insurance during the lease term and any excess wear and tear as defined in the lease contract, $0.20/mile over 10,000 miles per year and a disposition fee of $350 at lease end.
- Purchase option at lease end (excluding tax, title, and other government fees) is $22,267.00.

kyfdx · September 2015

That's just a nationally advertised deal. Need to find out what your local dealer is actually offering.

reston8 · September 2015

I'd appreciate opinion is MSD good to add to deal I've already received comments:

MSRP: $48,150
Cap Cost: $41,475
Upfront Tax/Fee: $3332 (tax/tags-$1908, Acquisition-$925, Process Fee-$499)
Term/Miles: 36/15k
MF: .00170
Monthly Pymt: $459 (First payment waived making 35 payments)
Upfront MSD: $3,150 (brings MF down to .00121 lowering monthly payment to $422)

Total upfront costs for me is $6482. Is this a good deal or should I just avoid MSD?

2015 BMW 3-Series Lease Questions

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