# 2016 BMW 328i Lease Northern CA **URL:** \ **Category:** Ask the Hackrs\ **Created:** [October 27, 2016, 2:41am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516 "2016-10-27T02:41:32Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![sundeepambati](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sundeepambati/32/219649_2.png) [@sundeepambati](https://forum.leasehackr.com/u/sundeepambati)\ **Post date:** [October 27, 2016, 2:41am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/1 "2016-10-27T02:41:32Z")
Hi everyone, I am a longtime LH reader/lurker. The last few cars I have had were lease takeovers, I hate dealing with dealers but I am realizing why lease a used car when I might be able to get a better deal for a new one. I am located in Northern California and I am looking to lease a car anytime between now and the end of the year. I am looking to lease the following 2016 BMW 328i 10k miles and I had a few questions. 1. I am seeing a $1,500 option allowance does anyone know how that works? 2. I believe I qualify for BMW Loyalty because I had someone takeover my last BMW lease in July. 3. Does anyone know the MF and RV for this month? 4. Is it true that generally I can get the best deal on price right before the end of year as in the last few days of December? Thanks in advance for feedback. ---
**Author:** ![Hludwig](https://leasehackr.b-cdn.net/letter_avatar/hludwig/32/5_5575768a8748004e209b776fc1b2916d.png) [@Hludwig](https://forum.leasehackr.com/u/Hludwig)\ **Post date:** [October 27, 2016, 6:14am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/2 "2016-10-27T06:14:55Z")
There are a couple of things to consider, but I think it might be better doing things sooner rather than later. Everyone is trying to offload their '16 328i models, thus they’ll blatantly advertise things like $6000 off (could be more if you ask around). However, I would start by seeing what sort of discount is available on a '17 330i, if it’s not that dissimilar to a 328, you might be better off going that route. I see no reason why a 340i would be any better later rather than now. ---
**Author:** ![jmac63](https://leasehackr.b-cdn.net/letter_avatar/jmac63/32/5_5575768a8748004e209b776fc1b2916d.png) [@jmac63](https://forum.leasehackr.com/u/jmac63)\ **Post date:** [October 27, 2016, 7:56am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/3 "2016-10-27T07:56:48Z")
The option allowance is applied automatically. Dealers will usually include it in their price, so keep that in mind. MF is .00136 and the residual for 36/10k can be found in the fine print of the lease offers section of [bmwusa.com](http://bmwusa.com) (divide the purchase option price by the MSRP). ---
**Author:** ![vhooloo](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/vhooloo/32/3952_2.png) [@vhooloo](https://forum.leasehackr.com/u/vhooloo)\ **Post date:** [October 27, 2016, 9:41am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/4 "2016-10-27T09:41:42Z")
Bmw loyalty is valid 6 months after your last payment I think. I do not know if December 31st is going to be the best time to buy a car but it does not hurt to do your research now. I think the December 31st car shopping spree is generally geared towards the tax crowd and they buy heavy duty “business” vehicles that they can depreciate by 25% ---
**Author:** ![sundeepambati](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sundeepambati/32/219649_2.png) [@sundeepambati](https://forum.leasehackr.com/u/sundeepambati)\ **Post date:** [October 28, 2016, 4:28pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/5 "2016-10-28T16:28:19Z")
Thank you for the responses, this is super helpful. I will update as I reach out to dealers. I came across a few cars. One of them says demo which is a little confusing since they do not list the milage. ---
**Author:** ![sundeepambati](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sundeepambati/32/219649_2.png) [@sundeepambati](https://forum.leasehackr.com/u/sundeepambati)\ **Post date:** [October 28, 2016, 11:01pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/6 "2016-10-28T23:01:12Z")
Update I contacted the dealer, I came across a 2016 BMW 328i with the Drivers Assistance Package that is labeled a demo and I was told it is the car in stock to represent the model. The car has 50 miles, and since I am assuming it has been sitting on their lot for awhile, what is a reasonable % of the MSRP to target? Thanks in advance for the input. ---
**Author:** ![conanohasselhof](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/conanohasselhof/32/1291_2.png) [@conanohasselhof](https://forum.leasehackr.com/u/conanohasselhof)\ **Post date:** [November 1, 2016, 1:53pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/7 "2016-11-01T13:53:08Z")
50 miles is not really a demo, but either way its not going to affect the lease. I have seen a flat $7k off 3 series, so that is a good place to start. ---
**Author:** ![sundeepambati](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sundeepambati/32/219649_2.png) [@sundeepambati](https://forum.leasehackr.com/u/sundeepambati)\ **Post date:** [November 1, 2016, 3:55pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/8 "2016-11-01T15:55:26Z")
Thanks @conanohasselhof, I am seeing a post saying residual on the 3 and 5 series went down 3%. Can anyone confirm that? ---
**Author:** ![conanohasselhof](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/conanohasselhof/32/1291_2.png) [@conanohasselhof](https://forum.leasehackr.com/u/conanohasselhof)\ **Post date:** [November 1, 2016, 4:44pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/9 "2016-11-01T16:44:33Z")
It is confirmed by BMW’s website, the residuals are easy calculable. ---
**Author:** ![Yinzer](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/yinzer/32/36107_2.png) [@Yinzer](https://forum.leasehackr.com/u/Yinzer)\ **Post date:** [November 1, 2016, 4:56pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/10 "2016-11-01T16:56:52Z")
Yeah your timing is unfortunate, should have pulled the trigger last month. ---
**Author:** ![tyler](https://leasehackr.b-cdn.net/letter_avatar/tyler/32/5_5575768a8748004e209b776fc1b2916d.png) [@tyler](https://forum.leasehackr.com/u/tyler)\ **Post date:** [November 1, 2016, 5:36pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/11 "2016-11-01T17:36:39Z")
1. When a dealer offers $3,000 discount from MSRP, that means $1,500 dealer discount is already included in that price. I don’t know if that means it’s easier for buyers to get the better deals. I got 2016 320i last month with 16% discount from MSRP (including $1500 dealer cash that you mentioned). At this time of the year, I think 10% is a reasonable price to start negotiating. If you have a multiple BWM dealership around you, I would definitely go for 15% or more. ---
**Author:** ![Yinzer](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/yinzer/32/36107_2.png) [@Yinzer](https://forum.leasehackr.com/u/Yinzer)\ **Post date:** [November 1, 2016, 5:38pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/12 "2016-11-01T17:38:40Z")
Try Greg Poland at Pacific Bmw. ---
**Author:** ![sundeepambati](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sundeepambati/32/219649_2.png) [@sundeepambati](https://forum.leasehackr.com/u/sundeepambati)\ **Post date:** [November 1, 2016, 5:40pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/13 "2016-11-01T17:40:56Z")
Thanks @tyler and @Yinzer. I will try Greg, yes I wish I could have pulled the trigger last month I have been traveling so unable to. ---
**Author:** ![Yinzer](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/yinzer/32/36107_2.png) [@Yinzer](https://forum.leasehackr.com/u/Yinzer)\ **Post date:** [November 1, 2016, 5:51pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/14 "2016-11-01T17:51:20Z")
hes realy busy but almost every west coaster on Bimmerfest goes to him or John Schafer @ Bmw Santa Barbara ---
**Author:** ![sundeepambati](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sundeepambati/32/219649_2.png) [@sundeepambati](https://forum.leasehackr.com/u/sundeepambati)\ **Post date:** [November 7, 2016, 5:55am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/15 "2016-11-07T05:55:32Z")
So I pulled the trigger today at San Francisco BMW here is how it worked out. Let me know how you think I did. I had them roll the $925 acquisition cost into the monthly payment. 2016 BMW 328i Drivers Assistance Package, Premium Package, Heated Seats, Moonroof. MSRP $43,050 Selling Price $35,250 $1,000 BMW Loyalty Credit 36 month 10k lease Residual 63% MF .00134 Monthly Payment with Tax: $300.87= $276.66 (Base) +$24.21 (Tax) Cash at Signing $3,301.37 7 MSDs total of $2,450+License Fee $340+Upfront Charges $550.50+First Payment $300.87 The residual moving 3% kind of killed how good this deal could have been. I was happy to get a little over 18% off of MSRP. Thanks to everyone to chimed in on this thread. ---
**Author:** ![mrkool44](https://leasehackr.b-cdn.net/letter_avatar/mrkool44/32/5_5575768a8748004e209b776fc1b2916d.png) [@mrkool44](https://forum.leasehackr.com/u/mrkool44)\ **Post date:** [November 7, 2016, 7:25am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/17 "2016-11-07T07:25:58Z")
nice deal, congrats ! ---
**Author:** ![Alex](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/alex/32/731_2.png) [@Alex](https://forum.leasehackr.com/u/Alex)\ **Post date:** [November 7, 2016, 5:27pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/18 "2016-11-07T17:27:12Z")
I think you did great bud! ---
**Author:** ![david0428](https://leasehackr.b-cdn.net/letter_avatar/david0428/32/5_5575768a8748004e209b776fc1b2916d.png) [@david0428](https://forum.leasehackr.com/u/david0428)\ **Post date:** [November 8, 2016, 1:45am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/19 "2016-11-08T01:45:57Z")
can you let me know which salesperson you talked to? ---
**Author:** ![sundeepambati](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sundeepambati/32/219649_2.png) [@sundeepambati](https://forum.leasehackr.com/u/sundeepambati)\ **Post date:** [November 8, 2016, 3:24am UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/20 "2016-11-08T03:24:16Z")
HI David, Here is the person I worked with; Nyomi Balatti Client Advisor 888-397-4754 [NBalatti@bmwsf.com](mailto:NBalatti@bmwsf.com) When I was there she had a list of cars with the number of days on the lot. I used that in order to determine which cars had been there the longest. I have read on this forum that most dealers will tell you if you ask. Good luck! ---
**Author:** ![PaylessBMW](https://leasehackr.b-cdn.net/letter_avatar/paylessbmw/32/5_5575768a8748004e209b776fc1b2916d.png) [@PaylessBMW](https://forum.leasehackr.com/u/PaylessBMW)\ **Post date:** [November 8, 2016, 4:33pm UTC](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516/21 "2016-11-08T16:33:37Z")
great deal do you mind if I ask how did you negotiate almost 19% off the MSRP… [Next page](https://forum.leasehackr.com/t/2016-bmw-328i-lease-northern-ca/4516.md?page=2)