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BMW 5-Series Lease Questions

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Comments

  • abuckabuck Posts: 6
    Carman,

    Thanks so much for the response. I went ahead and leased the car on the 2nd of january, in Los Angeles, but i would really appreciate some feedback on my deal, so that in three years I might make a more informed decision and not get stuck in my newbie mistakes.
    Here are the numbers:
    08 528i adding ipod/usb and xenon headlights. 36 mos/12k

    MSRP $46,625
    Agreed upon price: $43,560
    Adjusted Cap (incl 985 driveoff): $44491
    residual: $26576
    Depreciation:$17915
    rent charge:$895
    monthly payment (incl tax): $565

    So, I guess I should have driven the agreed upon price lower, and then I might have gotten a better deal. classically, I was a bit smitten with the monthly payment, so I am sure I did this whole thing to the dealer's advantage.
    Would appreciate any feedback to offset the learning curve.
    Thanks!
  • I just had an offer from my local BMW Dealership for a 528I
    Premium Package - Sport Package Power Seats.
    36 month/12000 miles
    2500.00 Down 697.00 + tax
    MSRP 52825.00
    Cap Cost 2500
    Adj Cap Cost 51250
    Money Factor .00190
    Residual ( Lease) 31695.
    I know I can get a better deal.
    Can somoeone help with a reasonable offer?
    Thanks much
  • I also forgot to add that I am a repeat customer and have Excellent Credit.
  • romerromer Posts: 3
    Car_man-

    Please provide the money factor and residuals on a 2008 and 2009 535i, 12k mi/yr., 36 month lease.

    Thanks.
  • Just was offered the following deal over-the-phone from the salesman I have purchased from in the past. Location West Bloomfield, Michigan.

    MSRP Invoice
    528i (Xdrive) 48,100 44,330
    Premium 2,400 2,185
    Cold Weather 750 685
    Xenon lights 900 820
    iPod adaptor 400 365
    _______________________
    53,375 49,310

    The deal is no money down, 12K miles, 36 months, $769 (including tax)

    I don't know the money factor, the residual or the selling price and I am not sure how to find out if they were good even if I knew them.

    Would appreciate all insights.
  • Have more information on above deal.

    MSRP is $52,875. (different MSRP for same equipment)
    Sale price is $50,375
    Residual is 60% or $31,725
    Money factor is .00215
  • Thanks for info.
    I was able to get them to go to 630 + tx for 2009 bmw 5 series premium and sport.
    I want it at 630.00 tax incuded. So far its a NO. I am not giving up.
    R
  • Hi Carman and board,

    I am interested in leasing a 2009 535 XI with navigation and Satellite radio.

    Has anyone leased on and got a good deal? I am so confused when negotiating and got ripped off on my Mercedes E350 which luckily is coming up off lease.

    Any help, past dealings or pointers on fair deals would be great.

    Thanks

    :confuse:
    M
  • Car man,

    I have 2007 530i and the lease ends Jan, 2010 however I already used up all my miles today and can't use it but stuck w/ the rest of monthly payments. Is it better just keeping it till it's due or should I trade it in?

    I'd appreciate your opinions, thanks!!
  • just drive it and pay for the miles. i think its like 10 cents a mile if you buy them from bmw in advance. it'll cost you $1000 bucks for 10,000 miles. just dont drive around in circles all year and you will be fine. since you prob cant turn your car in and you need to drive something, it'll be cheaper than leasing another vehicle and still having to make payments on the 530, even if there was some way to turn the vehicle in early you would prob be heavily penalized and it would be cheaper to just pay for the overmilage
  • Hi Guys trying to getout of my 08 535 lease.
    I still have 32 months left(out of 36)
    any suggestions please let me know at anujsharma10@yahoo.com ? I stay in New Jersey.

    08 535i Prem\Nav\Cold my payment is only 583 includes Tax....
  • jmcbmwjmcbmw Posts: 62
    I've had 3 successful transactions using http://swapalease.com/
  • jayriderjayrider Posts: 3,195
    Did you take over leases or sell them. Also how is sales tax computed on lease you buy?
  • I thought people dont really use/trust these website's.......

    Its's a tough one for me... I have to get out of this lease but I know I'll never get a deal for a BMW 535 for $583.....
  • Really... How did you get this deal? How much down you put? Options on 535?
    I just returned my 06 325I to my local dealer for 09 528 I, they paid for the remainer of the lease on the 3 series. ( 3 months, I paid one) - plus 2500.00 down. My payment 640.00 Tax included. .. Premium pack./.xenon light/ipod adapter/xm radio.
  • jayriderjayrider Posts: 3,195
    Just read $2500 bmw money til feb 2. Check it out.
  • jmcbmwjmcbmw Posts: 62
    I got out of 3 leases on swapalease. Just paid the $150 and posted the ad and pictures. Wait for responses, show the car and file the paperwork. The sales tax is paid montly based on the county of registration so will change if your county is different (at least in CA). I have had three seamless transactions (2 BMW and 1 Mercedes). The person interested actually has to have credit to qualify for the sames terms as your lease was aquired under.
  • What do you think of this deal I just negotiated on a 535xi lease with cold weather, navi, satelite radio, ipod adapter?

    MSRP: $60,670
    Adjusted cap cost with $2,500 BMW rebate = $56,133.07
    3 year lease, 15,000 miles per year
    Money rate: .00175
    Residual: 58%
    No money down
    $798.33 per month

    Is this a good deal?
  • gardisgardis Posts: 185
    Wow, $28,800 total for a lease on a car, at the end of which you give the keys back and get nothing. That comes to exactly half the total value of the new vehicle. Am I nuts, or is this whole world off its rocker??
This discussion has been closed.