Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





BMW 5-Series Lease Questions

1102103105107108140

Comments

  • You're welcome too, chadmandel :).

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • No problem beemer550. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2011 550xi Sedan for a non-returning customer with 15,000 miles per year are still .00195 and 59%, respectively for consumers who qualify for its top credit tiers.

    I don't believe that BMW is currently providing any cash incentives on leases of this car.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello pitbull666. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2011 528i with 15,000 miles per year are .00195 and 55%, respectively for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical lease of a 2011 535i are .00195 and 56%.

    If you are a loyal customer these cars' money factors are .00030 lower.

    BMW is currently providing a $1,730 cash incentive on 528 and 535 models that have navigation and $1,000 on cars without it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 2011 528i, Navigation MSRP: $45,050, 15K miles per year for 36months
    Selling price $42500
    MF 0.0185
    Residual 55%
    $1900 due at signing
    Monthly $620

    Is it a good deal?
  • jaggjagg Posts: 21
    Thanks Carman. So they extended the Nav program that expired on 9/6? I need to lease a new 535 this month and wasn't sure what program they would put in for Sept.
  • General question:

    Looking at 2011 550i demo, 15,000 miles.

    selling 62,000 (?original MSRP)

    3500 DP, 10kmiles/yr

    $649 +taxes /month x 36 m.

    Warranty effectively 4 years/35,000 miles.

    How much $ or percent off MSRP is reasonable with 15,000 miles on a loaner.?

    $649 + tax/ month reasonable for above?

    with the 2012 coming out in October, can i expect better deals on the 2011s?
  • kyfdxkyfdx Posts: 28,621
    edited September 2011
    Why do you care about the warranty, if you are only driving it 30,000 more miles during the lease period? Won't it be under warranty the entire time?

    Also, while we are on that subject... the time period on the warranty started when it was put in service... So, there isn't four years left on it..

    Which might be something to check. If you are leasing for three years, make sure that demo isn't over a year old... then, you might have an issue.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • There is no question i will go over 30,000 miles...
    hell, I'll probably do 50k ...
    I'm deciding to either by more miles up front or wait...

    At any rate, the chintzy 50k/4 year warranty reduced to 35k
    will affect me (car is 2011)
    (FWIW, MB and lexus, my recent cars, have 4-5 yr/100k)

    More important to me is the question of a one time lease payment.

    As per your prior response, i also believe BMW offers this option.

    Yet, my salesguy says no - only up to 7 monthly security payments are allowed.

    Could it be a dealer decision vs a USABMW policy?

    Im collected all info ( Sticker price, asking price, packages, factor, residual)

    to determine what discount is applied re: used /demo status.

    Your feedback is appreciated.
  • kyfdxkyfdx Posts: 28,621
    The one-pay lease only makes sense if BMWFS is not offering a subsidized rate... as the discounted money factor is only from the standard rate..

    Since BMWFS subsidizes rates on almost all models, then I wouldn't do a one-pay lease, and would take advantage of the Multiple Security Deposit program, instead..

    If you are going to drive 12K or 15K per year, then it makes no sense to do a 10K lease... It is much cheaper to get the miles with the higher 15K/year program.. Also, if you are driving that much, the savings from leasing a demo may prove to be false, as you'll be out of warranty for a good portion of the lease.. If your driving fits the parameters of the 3yr/30K lease, then that demo might be a very good deal..

    Another thing to keep in mind... The residual on a demo is reduced by (the current mileage - 500 miles) X $0.30/mile..

    So, a vehicle with 14,500 miles would have a residual of $4200 less than a zero mile new model.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • The issue of one time pay lease is not a choice for me.

    Unfortunately, I have an issue with credit which will not be cleared up until end of year.

    This situation precludes me from any monies loaned by BMW, or any other institution.

    The one pay lease garantees BMW full payment - and costs me interest ...

    My only criteria is that any monies not paid if the car is total loss (fire, theft, accident)

    is returned...Effectively, its like pre-paid monthly payments x 36 months.

    I will have more info on this since Im going to another BMW dealer this PM

    thx again
  • docgary1docgary1 Posts: 7
    edited September 2011
    lease on NEW BMW

    2011 550i (premium 2, integrated phone)

    Sticker - $66,350

    sales price $63,442

    12,000 miles/yr 36k x 3 yrs

    residual 60%

    factor .00115 (based on one time lease pay)

    $758/ month ( plus 7% tax $53 =$810)

    one time payment:

    $758 x 36 = $27,288

    tax 53x36 = $ 1,908

    bank,docs,prep 1872

    total = $31,068

    not the best deal but .....

    all feedback appreciated
  • I can find 2011 MF/Residual, but nothing concrete on 2012.

    Any help appreciated.

    15k miles, 36 months.
  • What is the September residual & money factor 36 months, 12k miles?
  • I negotiated the following deal, please let me know if I can do better?

    2011 530xi with an MSRP of $65,150
    Purchase price of $58,500.
    Initial Payment $1838.99 (Advance payment, Acq fee, Doc fee)
    Money factor is .00184
    Residual is 58%.
    36 month lease with 10,000 miles per year.
    Payment, including tax, are $828.84.

    Thanks for your valuable inputs.
  • Can anyone confirm this additional allowance on remaining 2011 5 Series? I seem to think that it's a regional deal and perhaps only on 535ix? Either way, I'm not sure if it is there although AOL auto's says it is. Any thoughts? Thanks!
  • The best deal so far I got for 528i MSRP$50,525.00 (selling price $45,860.00 -- 36 Months Mileage 10,000/year Money Factor 1.85 Residual Factor 58% )

    0 down with total drive off $2,099.94 (including first monthly payment; license; bank fee etc)
    Monthly Payment $598.93 Tax (8.75%) $52.41 Monthly Payment= $651.34

    What do you think ? I think I can get better because some can get better MF.

    CARMAN what is the MF and residual value for the above ? Thanks.
  • Dear Car man

    I keep hearing that you say loyal customer's MF is .0003 lower
    I have elite Credit. so i'm on .000185

    so that makes my MF .000155
    my question is that do i get $1000 off for loyal customer.

    Either Or. or do i get both?

    Thanks
  • uriluril Posts: 3
    Guys - Appreciate your help in validating these numbers...

    MSRP: 68975
    Agreed Upon Price: 59000 (remember 3500 build out cash and 1730 nav credit)
    Tire Warranty: 1299 (am I overpaying?)
    Trade In Credit: 3000 (car is actually worth 9000, shouldnt I use more of it to pay inceptions?)
    Money Factor: 0.00185 (I'm top tier credit)
    Actual Money Factor: 0.00136 (Am putting $4550 in security deposits)
    Taxes Up Front: 1566
    Acquisition: 725
    Title: 236 (Should I be paying for title on a lease?)
    Registration: 302.5 (I'm NJ - this number seems high)
    Doc Fee: 239.5
    NJ Tire: 6

    Monthly Payment: 640.83
  • kyfdxkyfdx Posts: 28,621
    Title fees: Even a leased car needs a title..

    Registration: I think NJ charges for four years, upfront.. That would account for the size of the fee, if that is the case (don't take my word for it).

    Upfront: Personally, I like to roll all of the inception charges into the lease.. I like the MSD program, but on my last lease, my due at signing was 1st payment plus MSDs only... (so, no.. don't put any more down or upfront).

    Tire warranty: ACK!! $1300! I'd just put $1300 in the cookie jar and take my chances...

    Other than that, it looks good from here (keep in mind, I don't know the base money factor...)

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Its one or the other not both. It works out to the same discount. $1,000 off pricing or .00030 reduction on money factor.
  • You're welcome jagg. Yes, the free navigation option promotion was indeed extended.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the information that you're looking for, hirisc. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2012 550xi with 15,000 miles per year are .00195 and 55%, respectively for consumers who qualify for its top credit tiers.

    This car's money factor would be .00030 lower for loyal customers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here you go jsg92. BMW Financial Services' September buy rae lease money factor and residual value for a 36 month lease of a 2011 535xi with 12,000 miles per year are .00195 and 57%, respectively for consumers who qualify for its top credit tier.

    This car's money factor is .00030 lower for loyal customers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • I can indeed confirm the existence of the $1,500 cash incentive on leftover 2011 535xi Sedans. This cash is not available on any other 5 Series sedans.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi sonysw. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2011 528i with 10,000 miles per year are .00195 and 58%, respectively for consumers who qualify for its top credit tiers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi weezylee. The $1,000 and .00030 money factor reduction for loyal customers are not compatible with each other.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ezinn12ezinn12 Posts: 15
    edited September 2011
    Hi all. Been following the thread for a while and learned a lot, thank you! My question is: I will be in the market to lease a 535i around November (Infiniti M35 lease ends in March, looking for BMW to buy out the last 3 months). My thoughts are that I would get a good deal on a 2011 in Nov/Dec. What do you professionals recommend? Will I get a better deal on the 2012? Will their be any 2011's left? Should I go for a 2011 earlier? I know the difference of the 2012 4-cyl engine, but don't really mind if I get a 2011 or 12, just looking for the best timing and best deal. I know their isnt any solid answer to my question, any suggestions? (I am a previouse BMW owner, so should qualify for the incentive)

    Thanks

    Eric
  • uriluril Posts: 3
    kyfdx,

    Thanks... My logic to putting all the inceptions upfront is that otherwise, I'm just paying interest on money when cashflow isnt the #1 issue for me. Am I missing something?

    As for the tire warranty - is that price just entirely not what people are seeing or is it that the price of warranties isnt worth it, in your view?

    Basy MF was 0.00185 and with the MSD's it became 0.00136

    Lastly - is there any benefit to the dealer to listing the tire warranty as a cap-cost-reduction as opposed to calling it out in the agreement as a warranty? I find that to be a bit screwy.

    Uri
  • Hi all, some quick questions regarding leasing 535 xi. Is the residual based on the cap cost or the MSRP? What additional costs does BMW charge? What I have figured is cap cost of 92% of MSRP based on AAA buying service, then I would apply the 1730 nav credit, 1500 regional credit and 1000 drive credit as money out of pocket. I get a payment of 725 including tax (7.75%)based on a MSRP of $63125, is this correct? I have a trade worth about 16k so I would get that up front back. If I apply that towards a purchase then I figure after tax I would be financing around 40k at 2.99 over 60 months I get almost the same payment . So the question is at 36 months am I more ahead with the lease or with the purchase and trade value vs loan balance?
  • on a 2011 BMW 550i 15,000 miles also on a '11 535i 15000 miles

    on a side note dealer offered me
    2011 535 :$63,425.00 SELLING PRICE $57,765.00
    dealer claims its 600 above invoice after credit...
    i dont think its a good deal...
This discussion has been closed.