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BMW 5-Series Lease Questions



  • cpacomp1cpacomp1 Posts: 3
    To figure a lease the money down would be subtracted from the inital cap cost. Using the money factor adjusted to intested rate. I would amortize the lease payments and hopefully arrive at the
    stated residual value.? Taxes, bank fee and dmv not included in the above calculation. Generally
    are the usaa and ultimate drive discounts taxable? Sales tax.
  • nvorcenvorce Posts: 2
    I was wondering what the June money factor and res. would be on a 535 x drive with 12,000 per year for 48 months
  • Just closed the deal today. Helped my sister getting a new 2013 535i.
    the car had the following:
    - tech package
    - premium package
    - rear view camera
    - park distance control
    - heated seats
    - upgraded paint (didnt really want one but thats all they had)

    MSRP was 60795, Selling cost was 55505. Invoice was 55975.
    36 months lease, 1k drive off, 662/mo including 8.5% tax.

    just wanted to share as i was eager to know how much others paid for theirs when I was in the market for one. thanks.
  • yasukazuyasukazu Posts: 3

    did your selling cost include any incentives?
  • I want to give a big thanks to InsideCarBuy. I have always gone to dealerships in the past and spent hours there going back and forth haggling them down to what I thought was a great deal. Never knowing exactly what number I should be getting to that would represent the best deal. I got a DIY Dealer Report on the exact BMW 528ix I shopped for last weekend (I posted about it a few days earlier) from InsideCarBuy and not only did it get my payment down from $595 (this is what the dealer quoted me a week ago) to $508.01 but the dealer wanted to know how I knew all the exact numbers and calculations. I showed them the report and they knew of InsideCarBuying. They said this is the kind of guy they don't want to negotiate against, he is a blight on the business and if it continues dealers will suffer. I asked the Manager if the dealer really has minimal amount of profit in it then why except the deal? He said I have all the facts on paper and if I were to visit enough stores he is sure I would be able to get the price from some desperate dealer who is looking to steal a customer from his area and needs an extra unit for the month. He said because I am his local customer the last thing his owner wants is another BMW plate frame driving around from his competition in the area.

    Needless to say I'll never get a new car again without one of these reports. I am now looking forward to replacing my Lexus at the end of the year when in the past I always dreaded the process!
  • zoombie99zoombie99 Posts: 125
    you should always know the dealer costs. Edmunds or are very good sources.
  • zoombie99zoombie99 Posts: 125
    also, there is no need to pay anyone for reports
  • zoombie99zoombie99 Posts: 125
    How many miles a year?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi joegolfs. BMW Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2013 535xi with 15,000 miles per year are .00127 and 60% for consumers who qualify for its top credit tier.

    Normally I would advise consumers who need to drive more than 15,000 miles per year to purchase additional miles at lease signing at a discount to what the lease-end penalty for excess mileage would be. However, BMW lets consumers buy extra miles at almost any point up to the very end of your lease at a discount. So, you might as well go with 15k and see what happens. You can always get the extra miles later if you need them.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi nvorce. You definitely do not want to go with a 48-month lease. By doing so you miss out on the lease support that BMW is providing on shorter terms. Go with a 42-month lease instead.

    BMW Financial Services' June buy rate lease money factor and residual value for a 42-month lease of a 2013 535xi with 12,000 miles per year are .00127 and 53% for consumers who qualify for its top credit tier.

    Prices Paid: Buying & Leasing Experiences Forum
  • Zoombie, hopefully you can save me from paying for a report. I am also looking for a 2013 BMW 528ix and the MSRP of the car I am looking for is $57,025. This car has metallic paint, premium package, cold weather package and navigation. I would like to lease for 36 months and 10,000 miles per year, just paying my inception fees out of pocket and transferring plates. I live in Manhattan, NY. What should be the best monthly payment I find and how much should be my out of pocket? Many Thanks!
  • Normally I would have never considered paying anyone for a report because there is so much free information on the internet and sites like this. But none of the sites anywhere give the detailed information like whats on this DIY Dealer Report. I'm not just talking about the selling price or True Car price and btw the price I got was $1,700 better than True Car. Everything was calculated for me right down to the plates so it didn't leave any loop holes where the dealer could change anything. Besides just getting the right monthly payment, I caught the dealer marking up the bank fee and the doc fee because I had an itemized breakdown of the exact out of pocket based upon the monthly payment I was looking for. Even the Manager at the dealer said the information on the report is all the stuff the dealer rather not disclose. I know I definitely got my monies worth out of the report and I'm 100% sure I would have never gotten that price on my own. The car is amazing and I love it so much more knowing how well I did on the price!
  • zoombie99zoombie99 Posts: 125
    edited June 2013
    you need to configure the exact BMW the car on Then you should look into paying about $500.00 over dealer costs after deducting any incentives. You need to get the following info from the dealer: The money factor and residual. Them you can check with Carman to confirm that the dealer is giving you the proper rates.

    If you have some disposable money, you can buy down the money factor with MSD or multiple security deposits. You will get the money back at the end of the lease. For some strange reason, you can't get MSDs in NY (something about a law) so you would have to come to NJ to get them.

    If you can wait until next month, I strongly suggest that you sign up for a BMW Ultimate Driving Experience. BMW will give you a coupon code for a $1,000 to be applied to a 5 series if you take a test drive. PM me if you need the link.

    It is always better to buy on the last few days of the month. The dealers are more willing to move then.

    Lastly, they are starting production on the 2014 models shortly. There are some changes (check press release on BMW web site) and there is going to be a new generation NAV system.
  • dotcom3dotcom3 Posts: 1
    edited June 2013
    550xi - MSRP $76,900

    10k miles
    Monthly $749 month
    Total out of pocket ( $3,790 )

    should I hop on this deal ?
  • degoondegoon Posts: 1

    Can someone share what the residual, money factor, and typical gross cap reduction is for a 535i leased for 36 months @ 12k miles/yr?

    I'm trying to determine if the following quote is a good deal.

    $64,900 MSRP
    $60,800 cap cost
    36 months
    12k miles
    .00127 money factor
    62% residual
    $1,500 total drive off
    $696/mo pre-tax ($758/mo after tax)

    Also, I've read that BMW is coming out with a diesel 5 series when the new 2014 models arrive later this year. Any idea if that presents a buying opportunity for 2013's? Or is it better to wait for the 2014 models at this point?
  • Zoombie99 -
    I did end up purchasing the DIY Dealer Report from InsideCarBuying and I'm glad I did. It was such an easy process. I emailed the report to 9 of my dealers and then I followed up with a phone call to those I didn't hear back from. 4 of them told me they are not in the business of losing money and to move on. 2 of them were with in $22 - $57 per month of the report and 3 of them were with in $14 per month of the report with $3 per month being the closest and that guy had the car in stock. I am picking it up on Thursday. 5 of the dealers actually knew of Inside CAr Buying and said they have seen his reports before. The guy who sold me the car said as much as he hates to admit it, its probably the smartest way to buy a new car.

    The report showed the MSRP of $57,025, invoice of $53,003, holdback of $2,851 making the dealer cost $50,152. It showed a selling price of $51,252 which is $1,100 over the stated cost of the car and the rebates I was entitled to ($750 Conquest and $500 USAA) used as a cap cost reduction. Zoombie99, you were stating I should pay about $500 over invoice so I was $2,251 better than what you were suggesting. The report also gave me an exact breakdown on the out of pocket ($469.01 1st month payment, $725 bank fee, $1,683.14 sales tax, $75 doc fee, $10 NYS Inspection, $12.50 NY State Tire Fee and $87 to transfer my plates) $3,062.55. I got the car for $472.00 per month with the $3,062.55 total out of pocket.

    I see there is an imagine tab under the text box here on the forum but I can't figure out how to upload a photo. I would like to share the report with everyone to show how clear and detailed it is. Does anyone know how to use this?

    I have to say knowing the exact numbers for the complete transaction made this process painless and fun! I really felt like I knew as much as the dealer this time. I give InsideCarBuying 2 thumbs up and highly recommend this process to others on the forum!
  • Good to hear about your deal. i am in market for 5 series. can you please send me the details.
  • dtswebdevdtswebdev Posts: 2

    Does anyone know what the July MF's and residuals will look like for the 535's? The dealer is trying to push me to fill out a credit app now to lock in June's numbers.
  • cpacomp1cpacomp1 Posts: 3
    Your deal doesn't add up according to my calculations unless you have the
    ultimate drive rebate of $1000. Just wondering if I am wrong or if you left it out.
  • ray1022ray1022 Posts: 7
    Just leaased a 2013 BMW 550ix M Sport in NJ as follows:

    MSRP: $70,275
    Buy Price: $64,000
    Residual 63%
    Money Factor: 0.00127

    Monthly Payment: $685.48 (nothing rolled into monthly payment)

    Upfront Payment:
    Bank Fee: $725
    Registration: $353 (out of state registration)
    Doc Fee: $359
    New York Tax (decided to pay the tax upfront): $2190.08
    Tax on bank/doc fee: $96.21
    1st month Payment: 685.48
This discussion has been closed.