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BMW 5-Series Lease Questions

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Comments

  • 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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 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.