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BMW 5-Series Lease Questions

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Comments

  • I'm looking for a 2008 528i with leather (or premium package) and cold weather package (or heated front seats, at least). 10,000 miles/yr and $0 down.

    We're also trading in our 2005 525i (same car as above); it has 14,000 miles.

    Of the 4 dealers I'm talking to, the best offer is $667/month. Comments?

    Thanks!
  • x021627x021627 Posts: 148
    i think you can do alot better than $667/mo. I have on order a '08 528xi with premium package, cold weather package, xenon headlights, navi and ipod/usb adapter for 36 mos. 12K per year with no money down for a little less.

    I would check the invoice price for the car you want on bimmerfest.com and use that to negotiate a better price. I found when searching myself that 2 dealerships gave me a competitive price right out the barn via email, while another dealership offered $1700 more, but said If I can in they could discuss meeting the other prices.

    Good Luck!

    x021627
  • I am currently leasing a 2005 530i and would like to turn in the car two months before the lease expiration and lease another 5 series. Any experiences or suggestions in having BMW waive the payments for the last 2 months of my lease? Thanks in advance.
  • mroniomronio Posts: 6
    Atlanta - 535i - premium package, navigation, sirius, heated front seats, ipod
    $2800 negative equity rolled in because of being upside down on an SUV, I have to get rid of
    MSRP 55,270
    36month/15k miles
    $5000 down
    $860/month

    Thoughts?
    Thanks.
  • I got a quote to lease an new M5 for $1,219 a month for 2 years with 20k miles a year from Shelly BMW in Buena Park, CA. The drive off is $5,955 plus 1st payment, license, etc. or about $7.6k. I talked with a couple of other local dealers and they are all hesitant to quote me so it seems like a good deal. What are the residual and money factors on a new M5? Is this a good deal?

    The invoice prices I've found on the Net are $76.3k but I don't know what the invoice cost is for all the options. Is there some sort of percentage I can use to determine total invoice cost? I want the Comfort Access system, HUD, Multi-Function Seats, Premium sound, and Side Airbags. The sticker cost for these is something like $5.1k.

    We are negotiating the value of my trade and knowing their cost structure would help me. Thanks very much!
  • turn2turn2 Posts: 1
    Hi BMW Experts!

    I am looking at a BMW 528xi lease. The configuration I'm considering has an MSRP of $59,580. What is a fair monthly lease payt. on a 24 or 30 month lease based on the following information?

    NY Resident.
    $3000 Cap Cost reduction, SalesTax, Acq. Fee, 1st payt. paid at time of delivery.

    Thanks.
  • x021627x021627 Posts: 148
    are you planning to pay full MSRP less the 3K cap cost reduction? Hummmm...you should never pay a cap cost reduction since even though you'd have gap insurance in case of an accident, you would lose this money in the event the car was totalled. You want to work to get the selling price, not MSRP to be as little over invoice price as you can.

    Hope this helps and good luck. :D
  • glbmwglbmw Posts: 4
    Any info on leasing an M5 ie, residual, money factor for 10k/2 yr or 10k/3 yr?
    Also is $500 over invoice a reasonable price? Thanks
  • eights38eights38 Posts: 137
    glbmw - Congratulations on considering the M5, it is an absolutely amazing car!

    24 Month – Residual 73% of MSRP – .00295 Base Rate
    36 Month – Residual 60% of MSRP – .00295 Base Rate

    $500 over invoice seems rather aggressive. If you need any more help, please feel free to email me or reply.
  • Thinking about a new 535i...

    Residual and money factor for 10,000 miles 2 year or 10,000 miles 3 year?

    Thanks
  • eights38eights38 Posts: 137
    gophaster- Great choice!

    24 Month – Residual 73% of MSRP – .00225 Base Rate
    36 Month – Residual 63% of MSRP – .00225 Base Rate

    If you need any more help, please reply or email me!
  • Thanks eights38...much appreciated!! :shades:
  • xmonaxmona Posts: 9
    I need to know if the dealer is giving me a good lease deal:

    528I- MSRP- $52,425 w/ the options
    down- $2500 incl tax (8.75%), bank fee ($625) & 1st pmt
    monthy pmt $585.00
    24 month/ 10,000 mi

    I am planning to go tomorrow

    thank you in advance
  • eights38eights38 Posts: 137
    xmona-

    2008 BMW 528i Sedan
    24 Month – Residual 76% of MSRP – .00225 Base Rate
    36 Month – Residual 63% of MSRP – .00225 Base Rate

    MSRP $52,425
    Selling Price $49,100
    Monthly Payment $585 (24 Months, 10,000 Miles per Year)
    Due at Signing First Month's Payment $585 + Bank Fee $625, $1,230 Sales Tax + $60 Doc Fee

    Based on my calculations, it looks like the dealer is discounting the car $3,325. That is a strong deal!

    If you need any more help, please reply or email me!
  • OK. BMW - 550i with cold weather/sport package/active stering/active cruise/navigation system/power sun shades/ipod usb/logic 7 surrond sound/ total MSRP is 72,500 according to the bmw web site. 10K miles a year Can I lease for 1,100 a month tax inclusive / 24 month lease nothing down?
    If I calculate it correctly . If I calculate correcty 60,100 is the selling price for 24 month lease.
    Do I do the numbers right?
  • Invoice with Options is $50300, dealer wants $52500

    base MF = 0.00225 but dealer wants 0.00269, residual = 64% for 36mo / 10k
    plus security deposit, 1st month payment, acquisition fee, title+registration+taxes

    Please let me know if I am getting ripped off with the money factor of 0.00269 when it is currently 0.00225 and how much more above invoice of 50K should I be at.

    Thanks

    Tom
  • mika01mika01 Posts: 12
    Looking for 535xi 24 month 10K miles.
    Can someone please post the latest MF and RV?
    Thanks.
  • eights38eights38 Posts: 137
    tjoseph - If you qualify for top tier credit, I believe that you should receive the rates that your credit reflects. Where do you live?

    If you need more help, please feel free to email me or reply.
  • eights38eights38 Posts: 137
    mika01 - These rates are only good until the end of the month. If you need any more help, please feel free to email me or reply.

    2008 BMW 535xi Sedan
    24 Month – Residual 73% of MSRP – .00225 Base Rate
    36 Month – Residual 63% of MSRP – .00225 Base Rate
  • jamesgjamesg Posts: 19
    what do you think of the following 550i lease deal:

    MSRP 68,700
    36 mo, 12k mi
    -7300 down (negative equity trade)
    Residual=$42,000
    MF = .00200 (returning customer discount)
    $1178/mo

    any feel for the Feb lease numbers?

    James
  • eights38eights38 Posts: 137
    jamesg - Does your payment include tax? Where do you live? Does the $7,300 down account for only negative equity?

    You can hedge your bet by locking-in at the current 550 rates for 60 days. If you need more help, please email me or reply.
  • jamesgjamesg Posts: 19
    Thanks for your quick reply.

    I realize that I was not entirely clear. I have 7300 neg equity burried into the deal, but my out of door cost is $1300 (first payment + reg fees). I live in NY.

    Thanks for your help.

    James
  • romsskyromssky Posts: 16
    2008 535xi - MSRP $59,070

    Lease Pmt - $670

    Out of Pocket - 1st month, bank fee, taxes

    10,000/36 months

    Many thanks.
  • eights38eights38 Posts: 137
    jamesg - So, $1,300 due at signing includes the typical inception fees? The $7,300 of negative equity is factored into your monthly payment of $1,178 and that also includes NY sales tax?

    Assuming a $68,700 MSRP, $42,000 residual (61%), 0.00200 money factor (4.8% interest rate), 36 month term, 12,000 miles per year, and 8% sales tax (New York City is 8.375%), I calculate your selling price to be $65,700, a $3,000 discount. That is an aggressive purchase price.

    If you need more help, please email me.
  • x021627x021627 Posts: 148
    hard to tell without money factor and capitalized cost (aka selling price).
  • romsskyromssky Posts: 16
    If I use MF of .00225 and Residual of 63% the selling price is about $5k off MSRP. Which sounds pretty good, but I am a current BMW customer and might be getting a break on the MF. Does anybody know what the discount for existing customers is?

    Thanks.
  • jamesgjamesg Posts: 19
    that is the deal on the table for a car on the lot. the car is not exactly configured as i would have set it up, but close enough given the pricing.

    do you have a feel for the feb lease numbers? would expect them to head south based on fed interest rate movement, but not sure when.

    thanks again for your help.

    James
  • jamesgjamesg Posts: 19
    I am pretty sure that the returning BMW FS customer discount is/was 0.00045 for January.
    James
  • romsskyromssky Posts: 16
    Ok, than the sale price is $4k below MSRP is that good?

    Thanks,

    Roman
  • skobolaskobola Posts: 207
    My understanding was that there was a MF discount in amount of 0.00045 before, which was then canceled and they were giving $1,000 discount in price, but supposedly all that disappeared in January. Can anyone confirm this and set me straight. Also, where would one be able to find all BMW's (lease) discounts, promotions, etc.
This discussion has been closed.