Need opinion on whether this is a good deal for 2016 bmw 320i lease

I’m being offered this for $425 per month with $800 due at signing. 2016 BMW 320i with 12K miles and 36 month lease

Description MSRP
Model 16TL 320i SA USD 33,150.00
Color B65 Jatoba Brown Metallic 550.00
Upholstery KCSW Black SensaTec N/C
Options ZDA Driver Assistance Package 950.00
3AG Rear view camera N/C
508 Park Distance Control N/C
1CA CO2 relevant vehicles N/C
205 STEPTRONIC Automatic Transmission N/C
216 Servotronic N/C
2VB Tire pressure monitor N/C
302 Alarm System N/C
423 Floor mats N/C
459 Power Front Seats 995.00
494 Heated front seats 500.00
4FW Burl Walnut Wood Trim with Pearl Gloss Chrome h… 500.00
521 Rain sensor and auto headlights N/C
534 Automatic climate control N/C
563 Ambient Lighting N/C
575 Additional 12-V power sockets N/C
609 Navigation system 1,950.00
676 Hi-fi sound system N/C
693 Satellite radio preparation N/C
697 DVD Area coding (North America) N/C
6AC BMW Assist eCall N/C
6AE BMW TeleServices N/C
6AK BMW Online and BMW Apps N/C
6AM Advanced Real-Time Traffic Information N/C
6AP Remote Services N/C
6NH Hands-free Bluetooth and USB audio connection N/C
6WA Instrument cluster with extended contents N/C
8KL Oil Chg 10,000 mls/12 months N/C
8TN Daytime driving lights N/C
925 Shipping package N/C
9AA Transport protection N/C
ZTM Tier 2 N/C

That looks high to me. You need to post the msrp, sales price, money factor and residual to see if the numbers add up. But to give you an idea, a few months ago I was shopping for a 328i msrp of 39980 (I think) and after rebates and discounts the monthly payment was about 399 + tax. Also you got quoted on a south Africa model which means it was manufactured in their south Africa factory not the German factory. Although, the cars are identical in and out, some people care about that, not sure if you do…
Also, if you have the liquid assist to invest upfront, you should consider maxing out the MSDs to get a better money factor

Luxury cars are where we have great variation in pricing. This appears to be a fairly standard deal.

You can try to shop around for a lower quote or negotiate for a lower selling price. Additionally, if you put down multiple security deposits (MSD), that saves about ~$40 per month. BMW also offers several targeted incentives that you may qualify for:

  • $1,000 College Cash
  • $500 USAA Lease Cash
  • $1,500 Corporate Fleet Discount with .00020 MF discount


I’m in the process of getting the info. First time doing lease so not sure if I’m doing everything correctly.

I have inquired of the dealer about the South Africa thing as I was not aware at all. Thanks!

The MSRP that was quoted for the option is at $38595 for the options listed in this post.

Any pointers on how to maximize the MSD?

Thanks again