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BMW 5-Series Lease Questions

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Comments

  • Sure linht...here is the info you requested....

    I purchased the vehicle from Sonnen BMW in San Rafael. My sales advisor was Jerry Blomgren. Nice guy. It was a pretty easy deal. No BS. You would need to buy a vehicle in their inventory though. I doubt you would get a deal like that if they need to trade for the car with another dealer. I'm also not sure how many similar deals they would be willing to do. Mine might have been an exception because it was a higher MSRP vehicle which might have been harder for them to move.

    Hope that helps.
  • tomaxtomax Posts: 5
    This seems like an excellent deal, but wanted to ask what is the MSD as that sounds like it helped bring down the monthly cost significantly. Also, what area are you buying the car? I was only eligible for the $2000 rebate and best I received so far was $695 paying invoice minus rebate.

    Thanks
  • rparik01rparik01 Posts: 3
    edited December 2012
    Hello,

    I am looking at a 2013 535 M sport. I have been offered the car at invoice, but recently found out it has about 3k miles on it. What kind of discount should I be looking for from here? Thanks.
  • msd is Multiple Security Deposit
    Bmw takes msd for lower money factor

    here is NJ
    my rebates are
    holiday 2000
    loyalty 750
    BMW apps 500

    Plus 3 months payment wave for early return of current leased car
  • This seems like a good deal. What dealership are you using?

    I was just quoted a 2013 535 X-Drive with the following:

    Metallic Paint
    Cold Weather Package
    Tech Package

    39 mos
    10,000 miles/ year
    Payment $609/ mo (including tax)
    $2,200 Out of Pocket
    MSRP $60,595

    Thought this was a great deal until I read your blog.
  • What is BMW Apps rebate? Is your current car a BMW? (for early lease return)
  • marsenginemarsengine Posts: 3
    edited December 2012
    Yes I have 2010 BMW they offered me 3 month early return and after dl of BMW apps they offer $500 for 5 $300 for 3 and $700 for 7 I think BMW finance company company can get this rebate
  • Thanks, what dealership are you using? Can you provide name of salesperson?
  • This is really a sweet deal!!

    I have a questions.

    For the Royalty ($750) and the Ultimate Driving App ($500)... do I have to be a current "returning" BMW buyer?? :confuse: Is there any way that someone like me who wants to get into the BMW family can get such a sweet deal as well?

    $1250 additional off is quite a lot to give up :*( :cry:

    I've gotten a quote on a 535i with navi, rear view, sport seat, parking sensor (MSRP $59500)
    for $548+tax, $2200 total drive off (for 24 months, 12K, and maxed out on MSD)

    Is this a good deal? How low can I ask for? :confuse:
  • quintopquintop Posts: 5
    edited December 2012
    Guys, this board has been very helpful in my leasing process. Wanted to give back by providing the forum with another data point:

    535i, Alpine White, Black Dakota Leather
    $2,900.00 - M Sport Package
    $1,500.00 - Premium Package
    $2,800.00 - Technology Package
    $500.00 - Sport automatic transmission with shift paddles
    $1,300.00 - Multi-contour seats
    $500.00 - Heated front seats
    $895.00 - Destination Charge

    MSRP - $63,495
    Invoice - $58,975
    Negotiated price - $57,975
    Capitalized cost - $56,644
    Residual (73%) - $46,351

    Bank leasing fee - $725.00
    Holiday rebate - ($2,000.00)
    Loyalty rebate - ($750.00)
    Tax on cap reduction - $213.13
    License & registration - $499.75
    Documentation Fee - $80.00
    First month's payment - $600.80
    Cash due at close - ($700.00)

    Term - 24 months
    Miles - 12k per year
    Residual - 73%
    Money factor - 0.00125

    Depreciation per month - $428.85
    Rent per month - $128.74
    Base payment - $557.59
    Tax - $43.21
    Payment - $600.80

    I was pretty happy with where I ended up... a $600 payment with 12k miles per year and only $700 due at close!
  • Hi bchips. The numbers that you were quoted are indeed correct. The numbers for the '13 535i are .00125 / 58%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi rparik01. That looks like the cash that was available for leftover 2012 models. BMW is providing cash this month on the 2013 535i, but it's only $2,000. There's an additional $750 available to loyal customers.

    If I was in the market for this car in an area that has a decent level of competition, I personally would shoot for a selling price of $500 to $1,000 over the invoice price that is listed here at Edmunds.com minus the available cash incentives.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi rparik01. Unless you're talking about getting this car at dealer invoice minus the available cash incentives this wouldn't even be a great deal on a brand new one with no miles on it.

    The problem that I personally have with demo vehicles is that dealers never seem to be willing to discount what is essentially to me a low mileage used vehicle enough for my taste.

    I personally would want a selling price of well below invoice, at least $1,000 under, minus the $2,000 cash incentive ($2,750 for loyal customers) that BMW is providing on this car right now. I'm not sure that any dealer would be willing to do that, but that's what it would take to get me to bite on this car.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Congratulations on getting your new BMW quintop. Thanks for taking the time to give back and share the details of your deal with everyone. Real-world examples like this are always helpful for others who are in the market for something similar.

    Happy Holidays and enjoy your new ride :shades: !

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • bbaimbbaim Posts: 6
    Hello,

    Looking to see what the current money factors and residuals are for a 550i. Looking for help with a 36/48 mos lease with 15k miles/yr. Any help would be greatly appreciated!
  • Here you go bbaim. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 BMW 550i Sedan with 15,000 miles per year are .00125 and 55% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 42-month lease are .00125 and 46%.

    I gave you the 42-month numbers instead of the 48-month numbers because the 42 month money factor is better.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi,

    would you be able to mention the dealer name & salesperson as well if possible ?
    I'm also in NJ & looking to lease a 535Xi myself as well & If I get the same deal as yourself then i'll probably just go & lease it without too many questions.
    Would be really helpful if you can give me the details.

    Thanks in advance.
  • Hi Quintop,

    where did you get this deal from ? can you share some more details on dealership & if possible sales person's name ?

    I'm in the market to lease a similar 535 BMW but not getting a deal anywhere close to yours.

    any help will be greatly appreciated.

    Thanks
  • Carman
    Do you have any info on current leasing rates on M5 looking at 36-39 months at 12K miles per year
  • I'm in SoCal, and I'm not getting anything close to what "quintop" got his 535i for. Checked most of the dealerships in the area, and this is about what I've been quoted:

    535i white with blk, with Premium/Navigation/Driver assistance package - $55,680 (MSRP 59,295)
    36 months
    15,000 a year mileage
    Money factor - .00125
    $2,750 cap reduction (holiday + loyalty)

    Due at signing - $2,500

    $687.34 a month including tax

    Not getting anything close to others on this. Someone even quoted me around $800 for 2013 535i, prem, nav, white on blk, no down, lease 15k miles, 36 months.

    What should I be getting in LA on this?
This discussion has been closed.