Quote:
Originally Posted by Eric SS
Yup. I've leased a couple of Bimmers. 2011 335is and 2013 335i M Sport. Both were great lease deals although BMW's money factor is kinda high usually.
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On the contrary, I've been quoted as low as .00082 MF (1.96%) in Q3/Q4 2015 when the new F80/82 M3/M4 was coming out. Today their MF hovers around 0.0012-0.0013 (2.88%-3.12%). As a comparison, my MF was .00119 (2.856%) on the 1LE. So relatively speaking they're within market today.
You can also put upwards of $7k down in what is called "Multiple Security Deposits" that are offered by BMW. For every 1k you deposit, the MF is reduced by .00007 (ie: if you deposit a full 7k, your MF will reduce by .00007 x 7, or .00049). BMW holds this money and uses it to invest on their end instead of making money by charging you interest. You get this all back after you turn in your lease, less any overage charges on miles or damage.
On higher end $70-80k+ cars like the M's or 6 and 7 series, this can amount to upwards of $60-70 reduction in monthly payment just on interest on the monthly depreciation. Thinking of it differently, thats a 10-12% ($70x12mo) "return" or cost avoidance on your $7k over 3 years that BMW holds for you until end of lease. It's not market shattering, but it's still above what is considered average of 7-8% annual growth.