[Jason]

Please use this thread as a master thread to discuss quotes, pricing, lease program, and the like.

This first post will be updated monthly with the latest lease program numbers (residuals, credits, incentives).

Please note that the incentives in your local market may differ.

Please do not make dealer / salesperson recommendations or referrals in this thread. Thank you!

To Dealers: to keep these threads commercial-free, please do not make posts in this thread. Thank you!

Pricing and ordering guides can be referenced at: https://g42.bimmerpost.com/forums/sh....php?t=1853269


August 2022 Lease Program:

2023MY

230 / M240

15k miles / 51% residual
12k miles / 53% residual
10k miles / 54% residual

$500 loyalty credit
$0 lease credit

2 Series Gran Coupe

15k miles / 55% residual
12k miles / 57% residual
10k miles / 58% residual

$500 loyalty credit
$0 lease credit

[boi222]

What is the money factor (mf) for this month? .00111 ?

[yanks1]

Residual % seem extremely low for what used vehicles are selling for now. This makes for a very expensive lease, no way I would lease a G42

[jpcoop]

Originally Posted by yanks1

Residual % seem extremely low for what used vehicles are selling for now. This makes for a very expensive lease, no way I would lease a G42

Completely agree. The math makes zero sense. Especially when I was able to finance it through BMW at 1.9% (better than my credit union offered me).

[SupraCooper]

Originally Posted by boi222

What is the money factor (mf) for this month? .00111 ?

It went up from .00111 unfortunately. I think it's like .00123 or some ish. Don't quote me on that but I know for a fact it did :/

[2045]

Originally Posted by yanks1

Residual % seem extremely low for what used vehicles are selling for now. This makes for a very expensive lease, no way I would lease a G42

Depends how you look at it. It's not an attractive on the monthly number but you're paying ahead of the curve. If the market continues to stay strong your pay off will be significantly lower than the market value.

[yanks1]

i hear you 2045.. most likely at lease end the vehicle will be worth about $5k more. So you sell it and then pay-off your lease (I have done that 1x) or keep it knowing your vehicle only depreciated ~ 35% vs 45-48% estimate

[2045]

Originally Posted by yanks1

i hear you 2045.. most likely at lease end the vehicle will be worth about $5k more. So you sell it and then pay-off your lease (I have done that 1x) or keep it knowing your vehicle only depreciated ~ 35% vs 45-48% estimate

Yeah. I've done it a lot. Since I never really keep them for the entire term, leasing is a good way to play with it for a reasonably short amount of time, especially our 10% sales tax is gone when buying. Monthly payment used to be important since if the number is attractive then it's easy to unload to someone that takes over the lease. Nowadays, slight used cars are hot cakes. often time you'll be ahead of the game when selling.

[boi222]

Originally Posted by SupraCooper

It went up from .00111 unfortunately. I think it's like .00123 or some ish. Don't quote me on that but I know for a fact it did :/

Thanks. Anyone know the confirmed number, got a quote for .0161 money factor , seems awfully highly marked up ?

[SupraCooper]

Yes, I can confirm that buy rate is .00123 and most dealers try to mark it .040ths% so that mark up is about right. If didn't mark it up they wouldn't make money and go out of business

7500 miles is +4% btw

[boi222]

Originally Posted by SupraCooper

Yes, I can confirm that buy rate is .00123 and most dealers try to mark it .040ths% so that mark up is about right. If didn't mark it up they wouldn't make money and go out of business

7500 miles is +4% btw

Thanks !!!

[Lightngsvt]

Originally Posted by SupraCooper

Yes, I can confirm that buy rate is .00123 and most dealers try to mark it .040ths% so that mark up is about right. If didn't mark it up they wouldn't make money and go out of business

So at the base rate, the dealer makes $0 on the transaction? Why have a base rate that makes no profit, why not just make it 1% high and make it easier on everyone? And selling at MSRP, there's no profit there?

[Jason]

Updated with February program -- no changes.

[Jbisson0]

Originally Posted by SupraCooper

Yes, I can confirm that buy rate is .00123 and most dealers try to mark it .040ths% so that mark up is about right. If didn't mark it up they wouldn't make money and go out of business

7500 miles is +4% btw

Typically the dealership would make a flat of 1% of the loan amount at Buy Rate. The Flat may even be capped at $500. But at Buy Rate they should still make something. (Used to be a dealership finance manager for Toyota and Lexus)

[Lightngsvt]

I'm getting my car, switched from M240 to M340, at .00151 only .00015 above base rate.

[icycoldd]

Is a $700-$800 monthly for a M240i realistic right now?

[anasryadi]

Originally Posted by icycoldd

Is a $700-$800 monthly for a M240i realistic right now?

I got a $799 car payment after 12k down payment

[Golddog]

Originally Posted by anasryadi

I got a $799 car payment after 12k down payment

I hope this wasn't a lease.

[EM3RLD]

Originally Posted by icycoldd

Is a $700-$800 monthly for a M240i realistic right now?

My calculation for a $55k M240i with a $12k trade in was about $600 monthly with 1.99%. My limit is at 600. I probably won't spend 700 for an m240. Maybe for a m340 or an i4

[Lightngsvt]

Originally Posted by anasryadi

I got a $799 car payment after 12k down payment

My quote on the M240 was $834 w/$0 down, $1500 due at signing (lease). My M340 that was $10k more is $799/mo with $2200 down, $4k due at signing.

[Ravenseal]

Originally Posted by 2045

Yeah. I've done it a lot. Since I never really keep them for the entire term, leasing is a good way to play with it for a reasonably short amount of time, especially our 10% sales tax is gone when buying. Monthly payment used to be important since if the number is attractive then it's easy to unload to someone that takes over the lease. Nowadays, slight used cars are hot cakes. often time you'll be ahead of the game when selling.

Yep. Depends entirely on the state/local tax situation. The money factor/residuals aren't super attractive but neither is tacking on $5000+ in sales taxes to a loan. I know looking at monthly payments is generally frowned upon - but leasing was about $200 a month cheaper than financing in my locale. I was looking at a $1,150/60mo (2.24%) on a 56k MSPR car vs 948/36mo (0 down) BMWFS lease. I'll happily hedge on the fact that these cars will remain relatively rare and difficult to acquire over the next 3 years given everything that's happening - so the used value should remain high. This is also a first generation car (knock on wood), so having the option to be cut entirely free of the car at the end of the lease is advantageous.

[TheMandalorian]

Anyone here in Canada, specifically the GTA, Ontario? Trying to see what people were able to get up north here