Adding a little life to all those recent Volvo signings with combined 1,287 hp and 1,305 lb-ft of torque. Both deals true sign and drive just using rebates and incentives: conquest/fleet/nontaxable dealer cash on MBZ, loyalty/GKL on BMW. Both remote deals include shipping or delivery. 36/7500 on a new MBZ, 39/10 on a loaner BMW.
Going with 7,500 mi on the 760i would’ve dropped the payment to exactly same $755 pretax. Total coincidence but cool. @mani_is_kool does it count towards 760 for 760 challenge?
MBZ contract is bit funky as they had to bump the contracted price by $1,940 while “issuing” a phantom matching $1,940 dealer non-cash credit due to their system setup. The numbers in both LH and on-screen calculator are correct though.
BMW calculator is a bit of a guess as the F&I guy decided to be creative and changed the deal a bit by adding a tiny MF markup of 5 points but the payment somehow went down by a few bucks. Probably fudged with loyalty??? Probably needed to get some action with the last deal of the month???
Given that I made and signed this deal while playing fetch with my GSD at a park on the 30th late evening, I didn’t want to mess around any further by asking him to move acq fee where it really belongs (under DAS) not being capitalized - guessing $2-3/mo difference at most - I’ll let @delta737h calculate the exact delta.
This is my third EQS, second AMG, so term was definitely a consideration lol. This car checks pretty much all the boxes for me and I also got the exact color combo that I wanted.
Really sucks that MBFS killed transfers around COVID time and never brought them back or we’d be seeing far more MBZ deals here. Also sucks that this one is more than 50% more than my 2023 AMG EQS but the times have very much changed and this was literally one of the last handful of AMG EQS in the country, none left now AFAIK, and 2025 is the last model year for the AMG version. Never thought I’d be grounding my '23 one at $514/mo even a month early but did do a pull ahead as it was available.
Final crazy setup came within an hour or so of materializing: my local MBZ dealer still had 2 AMG EQSs - the last two in the whole country - in the afternoon on the 30th and lease support going away on 7/1. I told the GSM I’d get his car if he matched my contract less shipping and bought out my car for slightly above my buyout of 95.9 (he thought the retail would be about 105-110). He agreed in principle and we were supposed to talk after 7 pm as they planned to stay open until 9 pm. He texted me shortly after 6 pm that both were gone lol! His best and final before that was 5K DAS and 999 per month plus tax.
huh? I discovered that the 150 is a BMW residual bump or residual adjustment credit. It changes your post tax monthly payment by (.00160 x 200 - 200/39) x 1.0975. = -5.28. In other words, it lowers it by 5.28 each month. So, there is no penalty. My guess is BMW does this to help lessen the penalty for cars that were test‑driven or used as demos,
This is a BMW‑specific residual bump that appears on many lease contracts when mileage is between 5,000–7,500 miles or 6898 in your case. The $150 bump is applied after the per‑mile deduction.
Meaning they only subject 6,398 of the total 6,898 miles to the mileage penalty/RV hit. Essentially exact same thing that you said, just looking at it from the mileage versus dollar perspective.
It changes your post tax monthly payment by (.00160 x 150 - 150/39) x 1.0975. = -3.96. In other words, it lowers the monthly by 3.96 each month.
No. You deducted 500 miles from the 6898. That’s not how it works…
1st Calculate the unadjusted residual … 53% x 132350 = 70145.50
2nd Calculate the base adjusted residual … 70145.50 - .30 x 6898 = 68076.10
3rd Calculate the adjusted residual using the bump = 68076.10 + 150.00 = 68226.10
From what I’ve been able to gleam, BMWFS uses a mileage adjustment table to determine the residual adjustment credit…
0–500 miles → no adjustment
501–7,500 miles → +$150 residual bump
7,501+ miles → standard per‑mile deduction only (no bump)
As stated in my previous post, the $150 bump is applied after the per‑mile deduction as shown in the 3rd step above.
It’s still the same 500 mi at 30 cents/mi vs $150 on 7/8/iX, etc higher series. Are you saying it’s still $150 on 5 and lower series where it’s 25 cents/mi hit?
You’re getting a credit bump of .30 cents per mile (which you selected) on the first 500 miles (from the table). I’m saying that .30 cents per mile applies to your series which you selected in your LH Calc. So, from the table, .30 x 500 = 150. You just have to know that the 150 is added to the adjusted base residual. (3rd step).
All good! FYI, I’ve seen too many BMW contracts where the RV is flat out wrong and yet they still somehow funded including some where the dealer gave it a full 1% bump (used 7500 mi RV number vs 10k). Seemed accidental on purpose…
My take: if you’re ok with the payment and the deal funds, take it and don’t split the hairs. Sign before someone else does!
I think you’re right. I suppose that BMWFS does not always use MSRP × residual factor for cars with miles. For demo / service loaner / in‑service units, perhaps BMW could use an “adjusted MSRP”. The adjusted MSRP is usually higher than MSRP × residual factor would imply, because BMW applies the residual credit adjustment. Does this seem plausible? If so, check my logic…
Prof, you’re making it much too complicated! Not to mention LH calculator doing it right, it is much easier to deduct the first 500 miles and then charge either 25 or 30 cents a mile depending on the series. Think along the lines of income tax brackets were first X dollars are subject to 0% tax rate.
you’ve been targeting… congrats!!