Lease rates

[hockey21]

what do the leases come out at? anyone in the 800's ?

[kimi_fan]

Originally Posted by hockey21

what do the leases come out at? anyone in the 800's ?

I don't think getting this car in the $800's is possible. To get to $800/mo you'd have to assume a $100k car has a residual of 70+% and that you're not paying tax with a zero money factor (no finance charge) on the money borrowed. I leased a 335i coupe in 2007 that was in the $800's/mo.

I know it all depends on current residual/MF, taxes, term/mileage, and incentives, but with nothing down and the current incentives/residual/MF I'd guess they are in the $1400-1500/mo range for a 36/10 or 36/12 lease.

Anyone else have a current lease deal they just closed and can share? I'd be interested in how far off I am in my estimate.

[gblansten]

Originally Posted by kimi_fan

I don't think getting this car in the $800's is possible. To get to $800/mo you'd have to assume a $100k car has a residual of 70+% and that you're not paying tax with a zero money factor (no finance charge) on the money borrowed. I leased a 335i coupe in 2007 that was in the $800's/mo.

I know it all depends on current residual/MF, taxes, term/mileage, and incentives, but with nothing down and the current incentives/residual/MF I'd guess they are in the $1400-1500/mo range for a 36/10 or 36/12 lease.

Anyone else have a current lease deal they just closed and can share? I'd be interested in how far off I am in my estimate.

36/10 nothing down and payment around $1340/mo including taxes. Picked it up early last month. MSRP $113,095 zero MSDs.

[1dom1]

36/15
Nothing down 1650 last month

[BMWSRT]

Originally Posted by hockey21

what do the leases come out at? anyone in the 800's ?

Only possible with a very large down payment....

[CaboM4]

Originally Posted by BMWSRT

Only possible with a very large down payment....

+1

[MFNATIK]

Originally Posted by BMWSRT

Only possible with a very large down payment....

Which is a big no no for leases

[aas5]

Originally Posted by MFNATIK

Which is a big no no for leases

$1,199.99 / month including taxes with $1,500 down (to keep the payment below $1,200 to minimize the MSDs) and $1,000 upfront for bank fees, etc. plus the first month payment and 7 MSDs for an $117K x6m picked up at the performance center in March.

[trev230]

2016 12/36 lease
$1327 per month including taxes
First payment at signing and that's it.

[beammeupscottie]

Where on earth did you all find these $0 dwn leases with $1300/ month payments??? Lease factors?? MSRP? Options?? Im getting in on my deal now I and I need amo or a willing dealer to do what you all have done. Thanks in advance; I'm willing to deal with a sales team out of state; im in California

[trev230]

Originally Posted by beammeupscottie

Where on earth did you all find these $0 dwn leases with $1300/ month payments??? Lease factors?? MSRP? Options?? Im getting in on my deal now I and I need amo or a willing dealer to do what you all have done. Thanks in advance; I'm willing to deal with a sales team out of state; im in California

I spent days haggling with my local dealer. My MSRP was $106,695. Got that down to $98,033. Put $1500 in the deal as the first payment. Monthly payments with sales taxes are $1327 per month. Money factor was the base rate at that time.

[beammeupscottie]

Originally Posted by trev230

I spent days haggling with my local dealer. My MSRP was $106,695. Got that down to $98,033. Put $1500 in the deal as the first payment. Monthly payments with sales taxes are $1327 per month. Money factor was the base rate at that time.

Where are you located? What's the money factor you ended with? Who's your sales person?

[beammeupscottie]

Anyone know what national lease rates are for 36/10k for April 2017 & do rates typically get better towards year end? Or worse? Thanks (from California btw of that makes a difference)

[aas5]

Originally Posted by beammeupscottie

Anyone know what national lease rates are for 36/10k for April 2017 & do rates typically get better towards year end? Or worse? Thanks (from California btw of that makes a difference)

Since you are in CA, make sure you reach out to David Avilles at Steve Thomas. He has the best deals for M cars. I am in NY and bought two of my last cars from him. PM me for details if you need more info and see my lease payment above - I can tell you that not a single NY/NJ dealer came close and even the best leasing company in NY was about $25 / month more expensive for the same car. My car has $117K MSRP.

[beammeupscottie]

Originally Posted by aas5

Since you are in CA, make sure you reach out to David Avilles at Steve Thomas. He has the best deals for M cars. I am in NY and bought two of my last cars from him. PM me for details if you need more info and see my lease payment above - I can tell you that not a single NY/NJ dealer came close and even the best leasing company in NY was about $25 / month more expensive for the same car. My car has $117K MSRP.

PM'ed