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      10-29-2024, 09:22 PM   #67
masd79
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Originally Posted by M6-Coupe View Post
57% residual for 10k miles is great. It's the same as M2/M3 and 2% higher than M4.
I guess they offered you 2k rebate correct?
No rebate nothing
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      10-29-2024, 10:52 PM   #68
Hammer110!
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Originally Posted by M6-Coupe View Post
Todays they don't calculate MF based on exact finance rate.
So basically 5.4% finance rate should be MF =0.00225 but I believe they can add 0.00040 and they do.
Correct. The dealer has the option to add UP TO 40 basis points on BMWFS base MF. The .00225 is base and I’ve seen people here being quoted the .00265 which includes the dealer bump. Personally I’d be negotiating for the base rate it’s a 100-200/mo difference in payment.
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      10-29-2024, 11:04 PM   #69
M6-Coupe
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Correct. The dealer has the option to add UP TO 40 basis points on BMWFS base MF. The .00225 is base and I’ve seen people here being quoted the .00265 which includes the dealer bump. Personally I’d be negotiating for the base rate it’s a 100-200/mo difference in payment.
Yes. For this particular car with above numbers MF 0.00225 can reduce the monthly payment by almost $90
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      11-06-2024, 05:20 AM   #70
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Quote:
Originally Posted by M6-Coupe View Post
Todays they don't calculate MF based on exact finance rate.
So basically 5.4% finance rate should be MF =0.00225 but I believe they can add 0.00040 and they do.
When dealer's mark up the MF, that's a sign to move on to a different dealer
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      11-06-2024, 09:14 AM   #71
jm490
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Originally Posted by ROMIL View Post
When dealer's mark up the MF, that's a sign to move on to a different dealer
Where can you see or know the base rate for the MF at the time of leasing? Is every state or dealership different? This is good info thank you
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      11-06-2024, 10:09 AM   #72
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Originally Posted by jm490 View Post
Where can you see or know the base rate for the MF at the time of leasing? Is every state or dealership different? This is good info thank you
BMW FS sets the rate but dealers can increase the rate by a set amount that BMW FS caps.
To find out the rate when you are ready to sign the docs, the easiest option is to utilize the spreadsheet that Next Level Auto Broker has on leasehackers and he shows the MF as well as residual (which can’t be adjusted). He updates the sheet every month as MF and residual can change each month.

Last edited by Oswiff; 11-06-2024 at 10:10 AM..
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      11-06-2024, 11:29 AM   #73
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Quote:
Originally Posted by M6-Coupe View Post
Yes. For this particular car with above numbers MF 0.00225 can reduce the monthly payment by almost $90
Yes it is 3k for 36 month
For the my sedan i am not paying anything above base rates for that month
The car is not that hot to deserve a markup on MF
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      11-06-2024, 11:39 AM   #74
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When I use the bmwusa payment calculator it seems that to lease the Touring it is almost $1200 more to lease than to purchase. Is that just likely a glitch at this point? For the sedan the lease is cheaper.
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      11-06-2024, 12:14 PM   #75
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When I use the bmwusa payment calculator it seems that to lease the Touring it is almost $1200 more to lease than to purchase. Is that just likely a glitch at this point? For the sedan the lease is cheaper.
Yes they did not update the lease terms
Wait few weeks and this will change
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      11-06-2024, 06:36 PM   #76
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Quote:
Originally Posted by Rupnok View Post
When I use the bmwusa payment calculator it seems that to lease the Touring it is almost $1200 more to lease than to purchase. Is that just likely a glitch at this point? For the sedan the lease is cheaper.
Same thing happened with the G90 when it first went up.
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