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BMW 5-Series Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bocabmw. BMW Financial Services' current buy rate lease money factor and residual value for a 24-month lease of a 2013 535i Sedan with 15,000 miles per year are .00130 and 66% for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical 36-month lease are .00130 and 60%.

    The residual values for leases with 12,000 miles per year are 2% higher.

    There is a $1,500 cash incentive on leases of this car.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings ntlwhsle. BMW Financial Services' current base lease rate and residual value for a 36-month lease of a 2013 M5 Sedan with 15,000 miles per year are .00130 and 49% for consumers who qualify for its top credit tiers.

    I don't think that BMW is offering 39-month leases on this model right now.

    Make sure to take advantage of the $1,500 cash incentive that is currently available on it.

    Car_man
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  • jzaid84jzaid84 Posts: 8
    I am shopping around for a lease on a BMW 528i. I prefer the M-Sport, the Tech, and the Premium Packages.

    I need a minimum of 18K miles a year, with a preferred of 20K miles a year.
    Term length would be 36 months.

    What would be the residual on that? What about the money factor?
    I am wanting $0 due at signing; all fees built into price.

    I am in Texas, so taxes here are 6.25%
    What would be a good amount, other than incentives, to argue for? Right now on leases, I would get $2250 in incentives. How much can I get the dealer to discount on top of that?

    What fees should I look for that are "miscellaneous" and unnecessary?
    Thanks in advance for all replies!
  • tjk1938tjk1938 Posts: 1
    In Florida it appears that all dealers charge a $599 dealer fee. Does anyone know if that is a fee that dealers are willing to waive?

    Thanks
  • pharlappharlap Posts: 1
    edited March 2013
    Are the MF and residual the same for a 550xi? Am interested in the numbers for 36/12k and 36/10k.
  • envy1922envy1922 Posts: 1
    Just wanted to know if this was accurate/good deal:

    528xi 2013

    MSRP $50,100

    Package/Options
    black sapphire metallic $550
    Cold weather package $950
    Premium Package $2,600
    Rear View Camera $400
    Park Distance Control $750
    Navigation $1,900
    Net Total $57,250
    Destination $895
    Total $58,145

    Sale Price $54,600
    NJ tax 7.0% (1,654.61)
    Cap Cost Reduction $2,250
    Cap Cost $54,004.61

    MSRP $58,145
    Residual 62%
    Residual $36,050
    Money FactoR 0.00130
    Term 36
    Miles 12k
    Lease Charge $117.07
    Monthly Payment $615.81
    Total Out of Pocket $1910.81
  • rh235rh235 Posts: 2
    Hi Insidecarbuy,

    This sounds great deals, could you please share dealer name . I live in westchester and plan to pick one over weekend.

    Thanks
    RK
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi tjk1938. Doc fees are pretty typical charges at dealers. I've heard that Florida is particularly bad as far as doc fees go. Having said that, just because they're common doesn't mean that we have to like them. They're really nothing more than a way for dealers to pad deals. When I come across a dealer that charges a doc fee, I look at it as part of the selling price of the vehicle. So, for example, if dealer A is charging $40,000 for a car plus a $599 doc fee, it's actually a worse deal than dealer B who is charging $40,200 plus a $100 doc fee. Look at the deal as a whole and it makes things more simple.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello pharlap. BMW Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a 2013 550xi with 12,000 miles per year are .00130 and 62% for consumers who qualify for its top credit tiers.

    The residual value for a lease with 10,000 miles per year would be 1% higher.

    BMW is currently providing a $1,500 cash incentive on leases of this car through BMW FS. Make sure to take this cash into account during your negotiations.

    Car_man
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  • aj333338aj333338 Posts: 1
    hey car man-- thanks for providing all this great info! what do you think of this quote i received? i feel like there is some room in it; i would also like to add multi contour seats which is around 1300 to it. i am planning on ordering the car pretty soon and like i said, i feel that while this appears to be a decent first offering i think there is some room... here are the details.

    2013 535i xdrive
    includes: m sport, premium package, navi, heated seats, rear camera, park distance

    msrp: 65,095 (like i said i want to add multi contour seats).
    10k/36 mo
    589.47 per month with 3947.78 total due at signing (in QUEENS, NY)

    what do you think?

    thanks!
  • jasonmdbmwjasonmdbmw Posts: 117
    If you're thinking about buying a 5 series soon, do it soon. BMW will be ending the $1500 lease/APR incentive at the end of the month and will not be extending it
  • socal59socal59 Posts: 54
    That's for the outgoing 2013 model. On the other hand, if you want the better 2014 model, then hold out a few more months. You will also be able to get a
    Diesel which will have great mileage and tons of torque.
  • ewall45ewall45 Posts: 1
    Hi Car_man - please help

    I am interested in leasing a 535i Xdrive as well but I need some guidance as I am getting jerked around by the dealer.

    Dealer (New Country BMW In CT) came back with the following....
    2013 535ixdrive with 4500mi - managers car
    Cold weather, Premium pkg, Technology pkg.
    36mo 15k miles
    $2500 down - $725 per month

    They claim to be at invoice which is a joke compared to what I am seeing on this board....

    Thoughts?
  • zoombie99zoombie99 Posts: 124
    There is always a risk waiting until the next month but the deals may be better in May.
  • zoombie99zoombie99 Posts: 124
    Not a good deal. You should be able to get a new one for 500 over invoice. You need to find out the MSRP and calculate the dealer cost. Also what is the money factor? Do you know about MSDs? I would also try other dealers. It may pay to call dealers in NY or NJ. I got my BMW at BMW of Tenafly and they beat about 6 other dealers.
  • jasonmdbmwjasonmdbmw Posts: 117
    They may be better in May but just saying what BMW has already told the dealers regarding April
  • smehta76smehta76 Posts: 2
    Hi, can someone tell me if this a great deal or still shop around for BMW 550Xi

    1600 down (includes 1st month payment)
    759/month 10K miles
    779/month 12K miles
    36 month lease

    MSRP: 72,200
    Sale price: 66,500 (400 over invoice)
  • zoombie99zoombie99 Posts: 124
    What about the rebate? If it includes the rebate, it is not 400 over invoice, it is much higher. What is the money factor, do you know if you are getting the lowest rate?
  • smehta76smehta76 Posts: 2
    We are leasing the car...He is saying the

    MSRP: 72,045
    Sale price: $66,000 (includes rebate..he is saying its 400 over invoice)

    Residual value: $43,900

    Down payment is: $1600 (includes 1st month)
    $779/month for 35 months, 12K year

    It's in Hartford, CT

    What should the lease payment be close too??
  • zoombie99zoombie99 Posts: 124
    edited March 2013
    I am just saying it should be $400 over invoice before the rebate. Adding the 1,500 makes you $1,900 over invoice (not to mention the & $750.00 loyality credit) which would put you 2,650.00 over invoice if applicable. If he/she is selling you a car $400.00 over his invoice, it should be BEFORE the application of any credits. Then you reduce the sales price to $64,500.00 or $63,750.00 which will lower your payments!

    You have to get the price down and confirm the money factor. Check out bmwconfig.com to check out the invoice.
  • Car_Man,

    Thanks for all your help. Would you please list the residuals for the 550i for April for 24 and 36 month leases at 10 and 12K? Thank you!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome aj333338. Do you happen to know what this car's selling price is? that figure always makes it much easier for me to evaluate a deal.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi ewall45. This doesn't look like an invoice deal to me. What are the car's MSRP and selling price?

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    No problem jetblack0004. BMW Financial Services' April buy rate lease money factor and residual value for a 24-month lease of a 2013 550i Sedan with 12,000 miles per year are .00129 and 68% for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical 36-month lease are .00129 and 62%.

    If you were to lease with only 10,000 miles per year, this car's residual values would be 1% higher.

    Car_man
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  • tsparktspark Posts: 3
    Car man,

    Could you tell me the mf, residual and any current incentives for leasing a 2013 528xi with 15,000 miles per year for 36 months. Am I correct to assume the MF is .00129?

    Thanks in advance
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi tspark. Your assumption about the money factor is correct. BMW FS' buy rate for most models is .00129 this month. It's pretty silly that they changed it to that from .00130. How much of a difference can .00001 really make :).

    BMW FS' April residual value for a 36-month lease of a 2013 528xi Sedan with 15,000 miles per year is 61%.

    Car_man
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  • berisky1berisky1 Posts: 20
    2013 535i Well Equipped.

    $66,250 MSRP + Tx + Lic/Reg

    $740/mo with $0 down, 36 months, 12K mi/yr

    Anyone get or hear of better?

    Much appreciate any input.
  • carguy778carguy778 Posts: 33
    Thats $26640 for 3 years worth of driving. Are you planning to purchase the car afterwards?
  • berisky1berisky1 Posts: 20
    Definitely not purchase the car after lease.

    Does anyone know what a good deal is for this car?
  • this is a pretty good deal, did you do it?

    Do you mind I ask where do you get it?
    I'm looking to pick up a 535 in NYC too.
This discussion has been closed.