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2020 BMW 3-Series Lease Deals and Prices

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  • Nj722Nj722 Member Posts: 7
    edited June 2020
    Hi,
    Can I please get June 36/10k ,MF, residuals, incentives/rebates for 330 x drive , zip 07601? Im about to close a deal need the above to verify.
    Thanks
  • MichaellMichaell Moderator Posts: 240,104
    kalien34 said:

    kyfdx said:

    kalien34 said:

    kyfdx said:

    kalien34 said:

    kalien34 said:



    Please help me understand this quote. What I don't understand is the 3 tax numbers highlighted. I understand the state taxes on monthly payment amount, and by my calculation the monthly payment before tax should be $688~, and that comes to $2,400~ in total for tax (9.5% tax rate), which is way lower than the stated $3,000~ number.

    Forgot to mention: MSRP is $69,185.
    You pay extra taxes in Chicago, in addition to the state sales tax.

    Illinois tax is collected upfront. 7.2%? (Chicago and Cook County also have some upfront sales taxes)

    Then, the City of Chicago applies a 9% tax to each payment
    I understand some taxes are collected up front and hence included in cap cost. But I can't come close to 3k in upfront taxes amount...
    783.46 X 36 = $28204 + $3000 rebate = $31204 X .0725 = $2262 in state tax, upfront
    $270 is upfront Chicago tax on the rebate
    The Chicago and Cook County taxes are upfront taxes on the vehicle. (on total amount of lease payments)

    Then, the City of Chicago taxes the lease payment monthly, an additional 9% of the payment.

    About 18.5% tax on the sum of payments.

    It sucks to lease a car in Chicago.
    Thanks, but how is the monthly $783.46 determined? Coz my calculated monthly payment using MSRP $69.185, sell price $60,991, rebates $3,000, MF 0.00118 and 60% RV was only $688, before any taxes. This is where I don't understand.
    Because the selling price isn't the number used to calculate the payment - it's the adjusted cap cost, which includes all the taxes.

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  • MichaellMichaell Moderator Posts: 240,104
    Nj722 said:

    Hi,
    Can I please get June 36/10k ,MF, residuals, incentives/rebates for 330 x drive , zip 07601? Im about to close a deal need the above to verify.
    Thanks

    .00118 and 60%
    $750 lease credit

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  • Nj722Nj722 Member Posts: 7
    Michaell said:

    Nj722 said:

    Hi,
    Can I please get June 36/10k ,MF, residuals, incentives/rebates for 330 x drive , zip 07601? Im about to close a deal need the above to verify.
    Thanks

    .00118 and 60%
    $750 lease credit
    Thanks a lot
  • MattlarMattlar Member Posts: 38
    edited June 2020
    Hi can you please provide residual, money factor and incentives for m340xdrive , 11803. 36/10

    Thank you
  • MichaellMichaell Moderator Posts: 240,104
    Mattlar said:

    Hi can you please provide residual, money factor and incentives for m340xdrive , 11803. 36/10

    Thank you

    .00118 and 60%
    $1000 lease credit

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  • rpc31rpc31 Member Posts: 8
    Good afternoon everyone! Can you please provide residual, money factor, and incentives (including competitive lease if available) for a 2020 330i xDrive courtesy/loaner with 3,855 miles? Thank you in advance! Happy Sunday! Zip Code 02671, 36/10 please
  • MichaellMichaell Moderator Posts: 240,104
    rpc31 said:

    Good afternoon everyone! Can you please provide residual, money factor, and incentives (including competitive lease if available) for a 2020 330i xDrive courtesy/loaner with 3,855 miles? Thank you in advance! Happy Sunday! Zip Code 02671, 36/10 please

    .00118 and 60%
    $750 lease cash
    $1000 conquest

    Subtract .25/mile from the residual for the existing miles

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  • mdul4602mdul4602 Member Posts: 7
    edited June 2020
    Hello! I am looking to lease a new 2020 330i xdrive with m sport package. Can you please let me know if these numbers look good?

    Here are the numbers from the dealer:
    MSRP: $53,095
    10% Discount: $5,309.5
    Lease Credit: $750
    Loyalty Rebate: $1,000
    Net sales price: $46,035.5
    Residual: 60%
    Money Factor: .00118
    Monthly Payment: $540 including tax
    $0 down. Bank, title, registration and doc. fee upfront.
    36/10k
    Zip code: 11746

    Thanks
  • MichaellMichaell Moderator Posts: 240,104
    mdul4602 said:

    Hello! I am looking to lease a new 2020 330i xdrive with m sport package. Can you please let me know if these numbers look good?

    Here are the numbers from the dealer:
    MSRP: $53,095
    10% Discount: $5,309.5
    Lease Credit: $750
    Loyalty Rebate: $1,000
    Net sales price: $46,035.5
    Residual: 60%
    Money Factor: .00118
    Monthly Payment: $540 including tax
    $0 down. Bank, title, registration and doc. fee upfront.
    36/10k
    Zip code: 11746

    Thanks

    What is the tax rate?

    Using the MSRP and net sales price, I get $486/mo, before tax. Pretty sure the tax rate in NY isn't 10% or higher.

    Also, ask for the itemization of the up front amounts and the adjusted cap cost the dealer is using for their quote, and how they arrived at that number from the net sales price.

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  • mdul4602mdul4602 Member Posts: 7
    edited June 2020
    Sure! Tax rate is 8.625%. Also, $1,750 in rebate is taxed as well.
  • MichaellMichaell Moderator Posts: 240,104
    mdul4602 said:

    Sure! Tax rate is 8.625%. Also, $1,750 in rebate is taxed as well.

    When I take the tax into account, the payment goes to $534/mo.

    Pretty close to the dealer quote.

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  • mdul4602mdul4602 Member Posts: 7
    Thank you, Michaell!
  • TemjinX2TemjinX2 Member Posts: 10
    Hi, can I please have the residual, money factor, and incentives (including competitive lease if available) for a 2020 330i rwd zip 89081 36/12k
  • kyfdxkyfdx Moderator Posts: 235,188
    TemjinX2 said:

    Hi, can I please have the residual, money factor, and incentives (including competitive lease if available) for a 2020 330i rwd zip 89081 36/12k

    .00118 MF and 59% residual
    $750 lease credit
    $1000 conquest

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  • AZG450AZG450 Member Posts: 1
    Looking at a 330i Courtesy Loaner. 36/12 residual and mf 85259 please
  • kyfdxkyfdx Moderator Posts: 235,188
    AZG450 said:

    Looking at a 330i Courtesy Loaner. 36/12 residual and mf 85259 please

    What is the current odometer reading?

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  • KsanayKsanay Member Posts: 11
    Hello looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer at 3.5k) 36/12 in 91730
  • MichaellMichaell Moderator Posts: 240,104
    Ksanay said:

    Hello looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer at 3.5k) 36/12 in 91730

    .00118 and 59%
    $750 lease credit

    Subtract .25/mile from the residual to account for the loaner miles.

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  • blackstoneesqblackstoneesq Member Posts: 61
    60015
    330i xdrive sedan
    36/15
    Incentives? Conquest?

    Thanks.
  • kyfdxkyfdx Moderator Posts: 235,188

    60015
    330i xdrive sedan
    36/15
    Incentives? Conquest?

    Thanks.

    .00118 MF and 57% residual
    $750 lease credit
    $1000 conquest

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  • mac529mac529 Member Posts: 1
    Hey there, looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer 4713) 36/10 in 75219. Thanks so much
  • kyfdxkyfdx Moderator Posts: 235,188
    mac529 said:

    Hey there, looking for the MF/RV/Incentives for a 2020 330i loaner car (odometer 4713) 36/10 in 75219. Thanks so much

    .00118 MF and 60% residual
    $750 lease credit

    Subtract $0.25/mile from the calculated residual, to account for current odometer.

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  • KD123KD123 Member Posts: 17
    Hi there, help would be appreciated, on a 2020 M 330i Executive car w/4927 miles in are code 02333, looking for MF, Residual, And any lease credits, conquest rebates available. Thanks in advance!!
  • MichaellMichaell Moderator Posts: 240,104
    edited June 2020
    KD123 said:

    Hi there, help would be appreciated, on a 2020 M 330i Executive car w/4927 miles in are code 02333, looking for MF, Residual, And any lease credits, conquest rebates available. Thanks in advance!!

    36/15
    .00118 and 57%
    $750 lease credit
    $1000 conquest

    Subtract .25/mile to account for the current odometer reading.

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  • holmeyjoe1017holmeyjoe1017 Member Posts: 22
    Hello All! Can I trouble you for a 330i Xdrive MSport Package
    36/12k
    36/10k
    Zip: 01752
    Thanks!
  • MichaellMichaell Moderator Posts: 240,104

    Hello All! Can I trouble you for a 330i Xdrive MSport Package
    36/12k
    36/10k
    Zip: 01752
    Thanks!

    36/12
    .00118 and 59%
    $750 lease credit

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  • andrade02andrade02 Member Posts: 4
    Hello! Can I please have the base money factor, residual, and any incentives for:
    2020 M340i (loaner)
    Mileage: 4215
    36/10k
    94551

    Thank you!
  • KD123KD123 Member Posts: 17
    Sorry Michaell, would anything change if it was 36 months, 10k a year instead of 15k a year?? Thanks for the help!!!
  • MichaellMichaell Moderator Posts: 240,104
    KD123 said:

    Sorry Michaell, would anything change if it was 36 months, 10k a year instead of 15k a year?? Thanks for the help!!!

    Add 3% to residual

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  • MichaellMichaell Moderator Posts: 240,104
    andrade02 said:

    Hello! Can I please have the base money factor, residual, and any incentives for:
    2020 M340i (loaner)
    Mileage: 4215
    36/10k
    94551

    Thank you!

    .00118 and 60%, less .25/mile for the existing odometer reading
    $750 lease credit

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  • osotnikovosotnikov Member Posts: 3
    Hey guys,

    I am interested in information of MF/RV (June) for 2020 BMW 3 series sedan. Zip code is 78726. Thanks.

    Sincerely,
    Oleh
  • MichaellMichaell Moderator Posts: 240,104
    osotnikov said:

    Hey guys,

    I am interested in information of MF/RV (June) for 2020 BMW 3 series sedan. Zip code is 78726. Thanks.

    Sincerely,
    Oleh

    Which engine?

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  • osotnikovosotnikov Member Posts: 3
    @Michaell 2.0L 4-cyl
  • andrade02andrade02 Member Posts: 4
    edited June 2020
    Michaell said:

    andrade02 said:

    Hello! Can I please have the base money factor, residual, and any incentives for:
    2020 M340i (loaner)
    Mileage: 4215
    36/10k
    94551

    Thank you!

    .00118 and 60%, less .25/mile for the existing odometer reading
    $750 lease credit
    Thanks Michaell! Any difference on incentives if it's a new 2020 M340i (36/10k) instead in area code 92264?
  • KUA2KUA2 Member Posts: 2
    kyfdx said:

    KUA2 said:

    Hi, I'm looking for the current MF, RV, and incentives on the 2020 M340i xDrive for a 36/10 lease. The zip code is 20852. Also, how much off msrp should I aim for now that the car has been out for some time? Is 12% reasonable? Thanks in advance.

    .00118 MF and 60% residual
    $1000 lease credit

    Edmunds price tools:
    https://www.edmunds.com/new-cars/
    Can I also get the MF, RV, and lease/loyalty incentives on the M340i for the zip code 22304? 36/10
  • kyfdxkyfdx Moderator Posts: 235,188
    osotnikov said:

    Hey guys,

    I am interested in information of MF/RV (June) for 2020 BMW 3 series sedan. Zip code is 78726. Thanks.

    Sincerely,
    Oleh

    osotnikov said:

    @Michaell 2.0L 4-cyl

    36/15
    .00118 MF and 57% residual
    $750 lease credit

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  • kyfdxkyfdx Moderator Posts: 235,188
    edited June 2020
    andrade02 said:

    Michaell said:

    andrade02 said:

    Hello! Can I please have the base money factor, residual, and any incentives for:
    2020 M340i (loaner)
    Mileage: 4215
    36/10k
    94551

    Thank you!

    .00118 and 60%, less .25/mile for the existing odometer reading
    $750 lease credit
    Thanks Michaell! Any difference on incentives if it's a new 2020 M340i (36/10k) instead in area code 92264?
    Same numbers
    The lease credit is $1000, in either case

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  • kyfdxkyfdx Moderator Posts: 235,188
    KUA2 said:

    kyfdx said:

    KUA2 said:

    Hi, I'm looking for the current MF, RV, and incentives on the 2020 M340i xDrive for a 36/10 lease. The zip code is 20852. Also, how much off msrp should I aim for now that the car has been out for some time? Is 12% reasonable? Thanks in advance.

    .00118 MF and 60% residual
    $1000 lease credit

    Edmunds price tools:
    https://www.edmunds.com/new-cars/
    Can I also get the MF, RV, and lease/loyalty incentives on the M340i for the zip code 22304? 36/10
    Same

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  • snicker85snicker85 Member Posts: 8
    Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!
  • MichaellMichaell Moderator Posts: 240,104
    snicker85 said:

    Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!

    36/12
    .00118 and 59%
    $750 lease credit

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  • snicker85snicker85 Member Posts: 8
    Michaell said:

    snicker85 said:

    Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!

    36/12
    .00118 and 59%
    $750 lease credit
    Thanks! Any difference for 36/10K?
  • quicklyishquicklyish Member Posts: 8
    Can I please have the MF, RV, and incentives/credits for a 2020 M340i x-drive for both 36mo/10k and 36/12k lease in 80203? TIA for your help!!
  • snicker85snicker85 Member Posts: 8
    BMW 330 X drive, loaner vehicle, about 4200 miles

    Lease 36 months / 10 K miles
    Zip 19103

    MSRP: 49715
    Discount: 5000
    Selling price: 44715
    Corporate discount incentive: 2000

    MF: 0.0018
    Residual value: 60% (29829)

    Upfront costs: 2126, includes first month, dealers fees, registration etc

    Monthly price: 520 including tax (9% tax rate)

    I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!
  • kyfdxkyfdx Moderator Posts: 235,188
    snicker85 said:

    Michaell said:

    snicker85 said:

    Can I have the MF, RV, and incentives for a 330i xDrive 2.0 4 cyl, 36/10K and 36/12K in 19103, thanks again for your help!

    36/12
    .00118 and 59%
    $750 lease credit
    Thanks! Any difference for 36/10K?
    60%

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  • kyfdxkyfdx Moderator Posts: 235,188

    Can I please have the MF, RV, and incentives/credits for a 2020 M340i x-drive for both 36mo/10k and 36/12k lease in 80203? TIA for your help!!

    36/12
    .00118 MF and 59% residual
    $1000 lease credit

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  • kyfdxkyfdx Moderator Posts: 235,188
    snicker85 said:

    BMW 330 X drive, loaner vehicle, about 4200 miles

    Lease 36 months / 10 K miles
    Zip 19103

    MSRP: 49715
    Discount: 5000
    Selling price: 44715
    Corporate discount incentive: 2000

    MF: 0.0018
    Residual value: 60% (29829)

    Upfront costs: 2126, includes first month, dealers fees, registration etc

    Monthly price: 520 including tax (9% tax rate)

    I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!

    Are you sure the MF isn't .00118?

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  • snicker85snicker85 Member Posts: 8
    kyfdx said:

    snicker85 said:

    BMW 330 X drive, loaner vehicle, about 4200 miles

    Lease 36 months / 10 K miles
    Zip 19103

    MSRP: 49715
    Discount: 5000
    Selling price: 44715
    Corporate discount incentive: 2000

    MF: 0.0018
    Residual value: 60% (29829)

    Upfront costs: 2126, includes first month, dealers fees, registration etc

    Monthly price: 520 including tax (9% tax rate)

    I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!

    Are you sure the MF isn't .00118?
    Sorry that was a typo, you're correct. MF of 0.00118
  • kyfdxkyfdx Moderator Posts: 235,188
    snicker85 said:

    kyfdx said:

    snicker85 said:

    BMW 330 X drive, loaner vehicle, about 4200 miles

    Lease 36 months / 10 K miles
    Zip 19103

    MSRP: 49715
    Discount: 5000
    Selling price: 44715
    Corporate discount incentive: 2000

    MF: 0.0018
    Residual value: 60% (29829)

    Upfront costs: 2126, includes first month, dealers fees, registration etc

    Monthly price: 520 including tax (9% tax rate)

    I'm getting numbers pretty close in the lease calculator, but I'm thinking I can negotiate a little more off MSRP, what do you think? Thanks for the help!

    Are you sure the MF isn't .00118?
    Sorry that was a typo, you're correct. MF of 0.00118
    Are you getting $5000 off, then another $2000 for corporate?
    What about the $750 lease credit?

    Is the dealer in PA? I'd want an itemization of the $2126 upfront.

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