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.00152 MF and 58% residual
$1000 lease credit
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60% for 12K
61% for 10K
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
And, don't use trade equity to buy down the payment. That just masks the true cost of the lease, and that money would be lost if the car is stolen or totaled.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Yes, have them give you a quote excluding the trade. Thank you for your service.
I'm not aware of any incentives from BMW for active duty personnel.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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MSRP:$48,720
sale price: $42,260
RV:58%
MF:.00152
36/15k miles
$2k up front + 1st pmt and registration
monthly pmt $517
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If I add the $925 acquisition fee, then subtract the $1000 rebate, and the extra $3000 they are asking from you, I get about $525/mo, which isn't far off of their quote.
It's a pretty good deal, given the lease program, but it's closer to $615/mo, with just the first payment due at signing. Texas sales taxes aren't advantageous to leases, but not much you can do about that.
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$46845 msrp
$43153 sale
36 month term
15000 miles per year
NJ
Thanks!
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$1000 lease credit
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Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
15,000 mile allotted per year - 3 yrs.
Are these numbers in line? They seem like they are taking the invoice price rather than the Agreed upon pricing.
2018 320xi Sedan – Retired Courtesy Vehicle – Stock #15669R - 4,200 miles.
$41,835 – MSRP
$39,615 – Dealer Invoice (Cost)
$34,441 – Your Net Sale/Lease Price
36 Months – Lease Term
15,000 Miles – Annual Allotment
$800.00 – Total Due at Lease Inception(incl. 1st Month Payment)
$485.05 – Total Monthly Payment (incl. 6.75% Sales Tax)
2018 320xi Sedan – New Vehicle Locate
$42,430 – MSRP
$40,190 – Dealer Invoice (Cost)
$37,600 – Your Net Sale/Lease Price
36 Months – Lease Term
15,000 Miles – Annual Allotment
$800.00 – Total Due at Lease Inception(incl. 1st Month Payment)
$550.18 – Total Monthly Payment (incl. 6.75% Sales Tax)
Thank you in advance, this thread has been supper helpful.
Which state?
From a cursory inspection, it looks like a healthy markup to the money factor
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$1000 lease credit
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
https://www.edmunds.com/bmw/3-series-gran-turismo/2018/deals/
But, incentives can be regional.. so, maybe more where you are located.
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What is the difference between lease credit, dealer discount and rebate ? I see these terms everywhere. which ones are used to lower down "adjust cap cost/final selling price" which affects the monthly payment. Also, which of these 3 (ease credit, dealer discount and rebate) has tax applied ?
do you know March MF and RV numbers for 330i 36/10? and lease credit numbers for 2017 and 2018 ?
$1000 lease credit
Lease credit and rebate are the same thing, but one is for a lease, the other for a purchase. Both are taxable.
The dealer discount is just that - the discount you negotiate off the factory sticker price.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Should I try 10% off sticker price for 2017 and 7% off of 2018 to start with and then apply lease credit on top of that ?
Couple points I didn't know.
1) Are disposition fee mandatory ? do most dealer charge it $300 or so ?
2) Acura (last car I had lease) had $1500 worth of collision coverage when I return. Do BMW have this ?
3) It says "Tires need to be replaced before end of the lease". Is that mandatory by BMW ? that would be an extra cost for us right ?
4) BMWFS will refunded purchased miles you do not use, but they don't specify how much you are refunded. Is that true ?
I assume following calculation is still correct ?
If the residual value is "R" ; R = MSRP x Residual (%)
The Capital cost (sales price) is "C"
Money Factor is "MF"
Down payment is "D"
Lease term is "N" ; number of months (ie 36 or 39)
Monthly depreciation fee "MD" = (C-D-R)/N
Monthly lease fee "ML" = MF * ([C-D]+R)
Then the monthly lease payment= MD +ML + tax
Drive off : The upfront money including all other fees ( bank fee , acquisition fee, license fee, etc) + first month payment
For example.
MSRP =100k
Capital cost (sales price after 10k discount) = 90k
MF = 0.0013
Residual = 60% = 60k
lease term = 36 months
Down payment = 0
other fees = 2K
tax = 8%
MD = 30k/36 = 833.3
ML = 195
tax = %8 * (833.3 + 195) =82.2
monthly lease payment = 833.3 + 195 + 82.2 = 1110.5
Drive off = 2000 +1110.5 = 3110.5
It's non-negotiable, but you pay at lease end.
2) No
3) Only if they are worn, below spec
4) Only if you have purchased additional miles, beyond 15K/yr. If your lease is for 15K/yr or less, this will not apply.
Your calculations in the example are correct.
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The MF has held steady for several months, now.
In general, the residual drops as the model year progresses, but lease cash is often made available to offset that.
Whatever happens, I doubt that it will have a major effect on the overall lease payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Acquisition fee = $925
Tax = $1050/$1175 approx on the two deals.
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
737 a month. No money down. good deal?? taxes included iowa 2800.. dealer said no way could go penny less... drive off with 1st payment taking out of 1000 deposit.
.00156.00152 and 60%$1000 lease credit
$750 loyalty
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4