Hi
If I may ask, what is “Fully Marked up MF”
Thanks
How does this looks? Got this from a Broker
The due on delivery $2407.63 includes his fee, first month payment and rest of the fee
The dealer is charging you the largest mark up BMWFS will allow (.0004) over buy rate MF. Essentially, they’re padding their pocket by charging you a higher interest rate. In this case, it’s about an extra $1000 in rent charges over the of the lease.
MF is a given value from the bank. In the case of BMW right now, buy rate from the bank is .00099 currently. You don’t use the purchase APR and then try to convert.
I see
so if the dealer or broker is using the MF of --> 0.00139
it means they are using that to make money / profit for themselves?
How can I ask them to use the bank rate of 0.00099 ?
Thanks
This will explain MF markup.
And if they (dealer or broker) says where did you find out that the buy rate is 0.00099?
Is there a place or portal that lists that which we can use for reference?
It means that there is money being made on the financing. If it is made up for by a larger than normal discount then it’s no big deal. Some dealers prefer to show higher cash flow on financing vs on gross price. You just need to be aware for proper evaluating of the deal.
Read this to find mf, rv and incentives.
By asking them to use the base MF of 0.00099. And don’t forget to say please
2 Likes
Doesn’t look like your broker is worth his fee.
LOL
Thanks 
Hi LeaserOC
Could you please point out what you think is wrong here / something I should point out to the broker and have him reconsider / fix that?
Besides the fact that’s it’s 600 a month for a 3 series? Weak discount and marked up MF.
This is with M Sports package with convenience package and there are not many 330i in the current inventory and I think its appx 11% discount on the MSRP. Based on the market these days esp FL market, what kind of discount on MSRP should I negotiate for besides of course requesting politely to use the non inflated MF
Which is very low for a loaner 330i. You should be able to get a new one for around that, which won’t get hit with the RV penalty.
1 Like
Ideally , close to 15%. Not sure if this will happen in today’s market. You might wanna wait. Is this a broker from this forum? Most broker deals are take it or leave it, not negotiable.
Also, why are you not doing MSDs?
Did you check the broker’s deal? What was the mf
I move most of my loaners north of 16% pre, so you want to shoot around that number as well.