2023 BMW 3-Series Lease Deals and Prices

jmr9 · March 2023

Hi. May I please get MF, residual, and incentives at zip 53092 for 36 months/12K miles for the 2023 M340ix.
Many thanks.

kyfdx · March 2023

jmr9 said:
Hi. May I please get MF, residual, and incentives at zip 53092 for 36 months/12K miles for the 2023 M340ix.
Many thanks.

.00185 MF and 56% residual
No lease incentives

Wh333 · March 2023

Hi, can I get input on this lease deal?
2023 M340i
Zipcode 11706
msrp: 70,255 ($1k student discount—> 69255)
Residual 56%
MF: 0.00083
12k miles/ 36 months

Payment with 10k down (including taxes): $972/monthly

Michaell · March 2023

Wh333 said:
Hi, can I get input on this lease deal?

2023 M340i

Zipcode 11706

msrp: 70,255 ($1k student discount—> 69255)

Residual 56%

MF: 0.00083

12k miles/ 36 months

Payment with 10k down (including taxes): $972/monthly

Why is the MF so low? The base MF is .00185; max MSDs would only bring that down to .00157.

Seems like a massive payment given how much up front cash they are asking for.

Wh333 · March 2023

@Michaell said:
Why is the MF so low? The base MF is .00185; max MSDs would only bring that down to .00157.

Seems like a massive payment given how much up front cash they are asking for.

That’s the MF my dealer told me. I was surprised too, so I can’t understand why monthly is so high. Without 10k down, it’s $1174.

Michaell · March 2023

Wh333 said:

@Michaell said:

Why is the MF so low? The base MF is .00185; max MSDs would only bring that down to .00157.

Seems like a massive payment given how much up front cash they are asking for.

That’s the MF my dealer told me. I was surprised too, so I can’t understand why monthly is so high. Without 10k down, it’s $1174.

Your first post said .00083, which is why I was confused.

Just so you know, not all the $10K is considered down payment; you're paying the taxes and fees up front, too.

Leaving the $10K aside, with the prices you've given me, I get $1032/mo, assuming the taxes and fees are paid at signing.

Generally, subtract $30/mo for each $1000 down. So, if $7K is applied as down, the payment should be in the neighborhood of $800/mo, or so.

Ask the dealer for a screenshot of their internal lease worksheet.

Wh333 · March 2023

@Michaell said:
Your first post said .00083, which is why I was confused.

Just so you know, not all the $10K is considered down payment; you're paying the taxes and fees up front, too.

Leaving the $10K aside, with the prices you've given me, I get $1032/mo, assuming the taxes and fees are paid at signing.

Generally, subtract $30/mo for each $1000 down. So, if $7K is applied as down, the payment should be in the neighborhood of $800/mo, or so.

Ask the dealer for a screenshot of their internal lease worksheet.

Yes, the MF is 0.00083. That’s what the dealer texted me. Do you think $1032 is a good payment in this climate?

Michaell · March 2023

Wh333 said:

@Michaell said:

Your first post said .00083, which is why I was confused.

Just so you know, not all the $10K is considered down payment; you're paying the taxes and fees up front, too.

Leaving the $10K aside, with the prices you've given me, I get $1032/mo, assuming the taxes and fees are paid at signing.

Generally, subtract $30/mo for each $1000 down. So, if $7K is applied as down, the payment should be in the neighborhood of $800/mo, or so.

Ask the dealer for a screenshot of their internal lease worksheet.

Yes, the MF is 0.00083. That’s what the dealer texted me. Do you think $1032 is a good payment in this climate?

Have you shopped around? That's really the best way to know if the quote you got can be beaten.

This dealer may be using a 3rd party bank or credit union, in which case we don't know those programs; we only have the numbers from BMWFS.

kyfdx · March 2023

Wh333 said:
Hi, can I get input on this lease deal?

2023 M340i

Zipcode 11706

msrp: 70,255 ($1k student discount—> 69255)

Residual 56%

MF: 0.00083

12k miles/ 36 months

Payment with 10k down (including taxes): $972/monthly

If you are in NY, this is likely a Credit Union lease. Or, they've just misquoted the money factor (this is the most likely)

Wh333 · March 2023

@kyfdx said:
If you are in NY, this is likely a Credit Union lease. Or, they've just misquoted the money factor (this is the most likely)

I confirmed with my dealer this AM. He locked me in for this MF (2% APR).

Wh333 · March 2023

@Michaell said:
Have you shopped around? That's really the best way to know if the quote you got can be beaten.

This dealer may be using a 3rd party bank or credit union, in which case we don't know those programs; we only have the numbers from BMWFS.

Can I ask how you arrived at $1032, i want to negotiate with my dealer, after taxes paid ($5,832), my dealer is quoting me $1101.29.

Michaell · March 2023

Wh333 said:

@Michaell said:

Have you shopped around? That's really the best way to know if the quote you got can be beaten.

This dealer may be using a 3rd party bank or credit union, in which case we don't know those programs; we only have the numbers from BMWFS.

Can I ask how you arrived at $1032, i want to negotiate with my dealer, after taxes paid ($5,832), my dealer is quoting me $1101.29.

Here you go:

TottenhamTony · March 2023

Hello,

Can I please have the MF, Residual and any incentives...my zip code is 33133

BMW 2023 m340i X-Drive

12,000/miles

Thank you.

Michaell · March 2023

TottenhamTony said:
Hello,

Can I please have the MF, Residual and any incentives...my zip code is 33133

BMW 2023 m340i X-Drive

12,000/miles

Thank you.

36/12
.00185 MF and 56% residual
No lease incentives

TottenhamTony · March 2023

Michaell said:

TottenhamTony said:
Hello,

Can I please have the MF, Residual and any incentives...my zip code is 33133

BMW 2023 m340i X-Drive

12,000/miles

Thank you.
36/12
.00185 MF and 56% residual
No lease incentives

Thank You! They proposed MF of 0.00225, and then I told them that BMW FS told me it's 0.00185
Also they told me 57% on residual.

Thank you again for the information!

Michaell · March 2023

TottenhamTony said:

Michaell said:

TottenhamTony said:
Hello,

Can I please have the MF, Residual and any incentives...my zip code is 33133

BMW 2023 m340i X-Drive

12,000/miles

Thank you.
36/12
.00185 MF and 56% residual
No lease incentives
Thank You! They proposed MF of 0.00225, and then I told them that BMW FS told me it's 0.00185
Also they told me 57% on residual.

Thank you again for the information!

57% is 36/10

MF is marked up the max allowed by BMWFS.

DaveM87 · March 2023

Good evening,
Can I get MF/res for 2023 330i RWD 39/7.5k (loyalty) zip 10452?

Incentives?

Thanks

Michaell · March 2023

DaveM87 said:
Good evening,

Can I get MF/res for 2023 330i RWD 39/7.5k (loyalty) zip 10452?

Incentives?

Thanks

.00145 and 58%
No lease incentives
$1000 loyalty

Kdfrmupnorth773 · March 2023

Hi, can you please provide residual and MF for 2023 330i xdrive m sport 36 month at 10k per mileage. Zip is 84111

Any lease or loyalty incentives available?

Newcarfinder · March 2023

Hi, can you please provide the residual and MF for a 2023 M340i xdrive, 36 months/10,000 yr, zip is 10024?

I was quoted $995/mo for 36 months, with $5,669 due at signing. I asked for no cap cost reduction. The quoted price was MSRP of $66,370, with the all-in price of $72,079.08. Does this seem right?

Michaell · March 2023

Kdfrmupnorth773 said:
Hi, can you please provide residual and MF for 2023 330i xdrive m sport 36 month at 10k per mileage. Zip is 84111

Any lease or loyalty incentives available?

39/10 (special loyalty program)
.00145 MF and 57% residual
No lease incentives
$1000 loyalty

Michaell · March 2023

Newcarfinder said:
Hi, can you please provide the residual and MF for a 2023 M340i xdrive, 36 months/10,000 yr, zip is 10024?

I was quoted $995/mo for 36 months, with $5,669 due at signing. I asked for no cap cost reduction. The quoted price was MSRP of $66,370, with the all-in price of $72,079.08. Does this seem right?

.00185 MF and 57% residual

With the prices given, I get a payment north of $1100/mo.

I'd ask for a breakdown of the $5669 due at signing - should include taxes and fees and first payment.

Dealer quote seems reasonable, given the almost $6K upcharge from MSRP.

jmr9 · March 2023

Is it strange the dealer wouldn't tell me the actual MF? (probably a rhetorical question) I even talked to the GM about it. They did give me decent pricing but I couldn't get an answer about the MF when I was trying to make sure it matched the number I got on the forum. The salesperson said they don't mark up the MF but the lease payment I got with these numbers was $100 less than what they gave me.

kyfdx · March 2023

jmr9 said:
Is it strange the dealer wouldn't tell me the actual MF? (probably a rhetorical question) I even talked to the GM about it. They did give me decent pricing but I couldn't get an answer about the MF when I was trying to make sure it matched the number I got on the forum. The salesperson said they don't mark up the MF but the lease payment I got with these numbers was $100 less than what they gave me.

If they show you can actual contract, you can reverse engineer the MF, easily.

My answer: "Disclose the money factor used, or I'm leaving"

jmr9 · March 2023

kyfdx said:

jmr9 said:
Is it strange the dealer wouldn't tell me the actual MF? (probably a rhetorical question) I even talked to the GM about it. They did give me decent pricing but I couldn't get an answer about the MF when I was trying to make sure it matched the number I got on the forum. The salesperson said they don't mark up the MF but the lease payment I got with these numbers was $100 less than what they gave me.
If they show you can actual contract, you can reverse engineer the MF, easily.

My answer: "Disclose the money factor used, or I'm leaving"

It was a vehicle I had ordered so I didn't feel like I was in a good position for the nuclear option. It was also confusing because I had ordered in October and the had given me monthly payments then. The new monthly payment was based on "90-day lock" but I still don't know what the MF was. Lesson learned for next time.

kyfdx · March 2023

jmr9 said:

kyfdx said:

jmr9 said:
Is it strange the dealer wouldn't tell me the actual MF? (probably a rhetorical question) I even talked to the GM about it. They did give me decent pricing but I couldn't get an answer about the MF when I was trying to make sure it matched the number I got on the forum. The salesperson said they don't mark up the MF but the lease payment I got with these numbers was $100 less than what they gave me.
If they show you can actual contract, you can reverse engineer the MF, easily.

My answer: "Disclose the money factor used, or I'm leaving"
It was a vehicle I had ordered so I didn't feel like I was in a good position for the nuclear option. It was also confusing because I had ordered in October and the had given me monthly payments then. The new monthly payment was based on "90-day lock" but I still don't know what the MF was. Lesson learned for next time.

If you give us the adjusted CAP cost, residual rent charge, and lease term, we can tell you real quick. That's all on the contract.

jmr9 · March 2023

kyfdx said:

jmr9 said:

kyfdx said:

jmr9 said:
Is it strange the dealer wouldn't tell me the actual MF? (probably a rhetorical question) I even talked to the GM about it. They did give me decent pricing but I couldn't get an answer about the MF when I was trying to make sure it matched the number I got on the forum. The salesperson said they don't mark up the MF but the lease payment I got with these numbers was $100 less than what they gave me.
If they show you can actual contract, you can reverse engineer the MF, easily.

My answer: "Disclose the money factor used, or I'm leaving"
It was a vehicle I had ordered so I didn't feel like I was in a good position for the nuclear option. It was also confusing because I had ordered in October and the had given me monthly payments then. The new monthly payment was based on "90-day lock" but I still don't know what the MF was. Lesson learned for next time.
If you give us the adjusted CAP cost, residual rent charge, and lease term, we can tell you real quick. That's all on the contract.

adjusted cap cost 64202.95
residual rent 8322.05
36 months

kyfdx · March 2023

jmr9 said:

kyfdx said:

jmr9 said:

kyfdx said:

jmr9 said:
Is it strange the dealer wouldn't tell me the actual MF? (probably a rhetorical question) I even talked to the GM about it. They did give me decent pricing but I couldn't get an answer about the MF when I was trying to make sure it matched the number I got on the forum. The salesperson said they don't mark up the MF but the lease payment I got with these numbers was $100 less than what they gave me.
If they show you can actual contract, you can reverse engineer the MF, easily.

My answer: "Disclose the money factor used, or I'm leaving"
It was a vehicle I had ordered so I didn't feel like I was in a good position for the nuclear option. It was also confusing because I had ordered in October and the had given me monthly payments then. The new monthly payment was based on "90-day lock" but I still don't know what the MF was. Lesson learned for next time.
If you give us the adjusted CAP cost, residual rent charge, and lease term, we can tell you real quick. That's all on the contract.
adjusted cap cost 64202.95
residual rent 8322.05
36 months

What is the residual? Should be a number around $30K-$35K

jmr9 · March 2023

residual = 38539.20

kyfdx · March 2023

jmr9 said:
residual = 38539.20

Marked up to .00225 from .00185. Exactly.

And, to answer your earlier question: It isn't unusual for a dealer to hide the money factor. It sucks, but that's the car business.

jmr9 · March 2023

kyfdx said:

jmr9 said:
residual = 38539.20
Marked up to .00225 from .00185. Exactly.

How common is that? Now I feel like a sucker.

Michaell · March 2023

jmr9 said:

kyfdx said:

jmr9 said:
residual = 38539.20
Marked up to .00225 from .00185. Exactly.
How common is that? Now I feel like a sucker.

Very common, and not just with BMW dealers.

Consider it a learning experience, and go enjoy your new BMW!

cruiser_hobbs · March 2023

Can I please have the MF and Residual for zip code 43604

'23 330i xDrive

15k miles/36 months

Thanks!

Michaell · March 2023

cruiser_hobbs said:
Can I please have the MF and Residual for zip code 43604

'23 330i xDrive

15k miles/36 months

Thanks!

.00185 MF and 54% residual

newcarplease1 · March 2023

Can someone provide:

330e xdrive 36/10
330e xdrive 36/12
330e 36/10
330e 36/12

Thank you!

Michaell · March 2023

newcarplease1 said:
Can someone provide:

330e xdrive 36/10
330e xdrive 36/12
330e 36/10
330e 36/12

Thank you!

What is your location?

newcarplease1 · March 2023

@Michaell said:
What is your location?

Apologies!

kyfdx · March 2023

newcarplease1 said:
Can someone provide:

330e xdrive 36/10
330e xdrive 36/12
330e 36/10
330e 36/12

Thank you!

newcarplease1 said:

@Michaell said:

What is your location?

Apologies!

36/12
.00185 MF and 56% residual

Either drive

loony · April 2023

Interested in Residual and MF for 2023 330i Xdrive. 36mo/10k in 22030. Currently leasing same vehicle. Thanks!

Michaell · April 2023

loony said:
Interested in Residual and MF for 2023 330i Xdrive. 36mo/10k in 22030. Currently leasing same vehicle. Thanks!

39/10
.00145 and 57%
$1000 loyalty

momo97 · April 2023

Hello, can I get April RV and MF tomorrow morning for m340i? 36 and 39 month 10k and any lease/loyalty incentives

Thanks!

kyfdx · April 2023

momo97 said:
Hello, can I get April RV and MF tomorrow morning for m340i? 36 and 39 month 10k and any lease/loyalty incentives

Thanks!

What is your location?
Are you eligible for loyalty?

Audi5001 · April 2023

Hi,

Can I please have the April numbers / incentives for the:

M340i x-drive
36/10k
Zip: 12754

momo97 · April 2023

kyfdx said:

momo97 said:
Hello, can I get April RV and MF tomorrow morning for m340i? 36 and 39 month 10k and any lease/loyalty incentives

Thanks!

What is your location?
Are you eligible for loyalty?

94022 and yes, eligible for loyalty

Michaell · April 2023

Audi5001 said:
Hi,

Can I please have the April numbers / incentives for the:

M340i x-drive

36/10k

Zip: 12754

.00165 MF and 57% residual
No lease incentives

Michaell · April 2023

momo97 said:

kyfdx said:

momo97 said:
Hello, can I get April RV and MF tomorrow morning for m340i? 36 and 39 month 10k and any lease/loyalty incentives

Thanks!

What is your location?
Are you eligible for loyalty?
94022 and yes, eligible for loyalty

36/10
.00165 and 57%
No lease incentives
$1000 loyalty

loppol · April 2023

Hi Can i get incentives & MF for 330i xdrive for
36/7.5
11229

Michaell · April 2023

loppol said:
Hi Can i get incentives & MF for 330i xdrive for
36/7.5
11229

.00165 and 58%
No lease incentives

BMW8011 · April 2023

Hello - what should I expect for RV, MF, and incentives (including loyalty - I currently have 2 BMWs under lease, with one expiring) for a 36mo/12k mi. 330i xdrive in 10019

Michaell · April 2023

BMW8011 said:
Hello - what should I expect for RV, MF, and incentives (including loyalty - I currently have 2 BMWs under lease, with one expiring) for a 36mo/12k mi. 330i xdrive in 10019

If you qualify for loyalty, then 39/12 is the favored term.

.00125 MF and 56% RV
$1000 loyalty

2023 BMW 3-Series Lease Deals and Prices

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