[bavarianboar]

Just interested to know what kind of money factor bimmer owners got on their lease 'this and last' month with the spring credit running.

Dealers definitely are using numbers higher than the following:

http://www.bimmerfest.com/forums/sho...d.php?t=446467

Seems like the dealers can raise them to make huge margins. And lower MF would likely to get us a good lease deal.

Please share your experiences/figures to help me paint a better picture.

Thanks a bunch

[bavarianboar]

okay, if not lowest, just what you got on your lease.

Thanks

[MrRX34]

I am not currently a BMW owner but was shopping around and even though I see 0.00145 offered online, these dealers are trying to stick me with a MF of 0.0016, which ends up being a $15 more monthly payment.

I wish they could just honor the loyalty MF at 0.00095 to non-current owners so we can save like $60 a month!

[bavarianboar]

Originally Posted by MrRX34

I am not currently a BMW owner but was shopping around and even though I see 0.00145 offered online, these dealers are trying to stick me with a MF of 0.0016, which ends up being a $15 more monthly payment.

I wish they could just honor the loyalty MF at 0.00095 to non-current owners so we can save like $60 a month!

Holy smokes that is an amazing MF. Where did you see it online? Is it for people who do not have any link up with BMWFS at the moment? Seemed to me like the base rate was 0.00220 and add some dealer profit.

Could you please tell me where you found this online? Would be really awesome to save those 100s or maybe 1000s bucks and get a better equipped car.

[bavarianboar]

any more inputs please?

[MrRX34]

Well I saw it on leasecompare.com or ridewithg.com, but then again it does vary. The thing is if you want to get a lower monthly payment, you either reduce the cap cost of the car or MSRP, basically what the dealer ends up selling you the car at...or you can lower your MF by putting down security deposits.

In my case, if I were to put down $700 on top of my down payment as a security deposit (meaning I would get the full amount at the end of the lease), my MF would drop to 0.00145, allowing me to save like $14/month.

This in turn saves me about $500 during the 3 years I lease the car and do get my money back at the end. So if you have the money up front its a good way to save down the road.

Hope this helps, cuz I was confused at first too

[Turbo Squid]

Originally Posted by MrRX34

...In my case, if I were to put down $700 on top of my down payment as a security deposit (meaning I would get the full amount at the end of the lease), my MF would drop to 0.00145, allowing me to save like $14/month....

Is there a limit to how much you can put down as a security deposit?

[bavarianboar]

Originally Posted by Turbo Squid

Is there a limit to how much you can put down as a security deposit?

I think it is 7 OR 8 MSDs