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BMW 5-Series Lease Questions

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  • tayl0rd - Excellent point. Something else to consider is balloon payment financing through BMW. You can take advantage of the excellent finance rates as mentioned by tayl0rd, have the low payments associated with a lease because the payments are based on a future residual value, and you actually own the vehicle. The downside is that you can't simply turn the car into the dealer at the end of the term, you are responsible for the residual and can buy the vehicle outright or refinance.

    Matt
    eights38@gmail.com
  • Hi taylord, I saw 1.9 financing on bmwusa website. I asked and dealer said that's only for purchasing? Is that true? They said lease rate is 4.0% (0.00160 MF).
  • tayl0rdtayl0rd Posts: 1,938
    Yes, that rate is for purchases.
  • What is the buy rate money factor for a 528 xi with no security deposit?
  • 2008 BMW 528i Sedan
    24 Month – Residual 63% of MSRP – .00140 Base Rate
    36 Month – Residual 55% of MSRP – .00140 Base Rate
    48 Month – Residual 35% of MSRP – .00270 Base Rate
    60 Month – Residual 29% of MSRP – .00270 Base Rate

    2008 BMW 528xi Sedan
    24 Month – Residual 62% of MSRP – .00180 Base Rate
    36 Month – Residual 55% of MSRP – .00180 Base Rate
    48 Month – Residual 35% of MSRP – .00270 Base Rate
    60 Month – Residual 29% of MSRP – .00270 Base Rate

    BTW, I made a deal today in SoCal on a 535i, sport/premium/nav/etc MSRP $58,525 selling price $53,099.
  • Hi Calabooboo,

    Do you have these rates for 2008 535i lease? Please post it. Thanks a lot.
  • 2008 BMW 535i Sedan
    24 Month – Residual 62% of MSRP – .00160 Base Rate
    36 Month – Residual 55% of MSRP – .00160 Base Rate
    48 Month – Residual 33% of MSRP – .00270 Base Rate
    60 Month – Residual 27% of MSRP – .00270 Base Rate

    2008 BMW 535xi Sedan
    24 Month – Residual 62% of MSRP – .00200 Base Rate
    36 Month – Residual 55% of MSRP – .00200 Base Rate
    48 Month – Residual 34% of MSRP – .00270 Base Rate
    60 Month – Residual 29% of MSRP – .00270 Base Rate

    2008 BMW 535xi Wagon
    24 Month – Residual 61% of MSRP – .00160 Base Rate
    36 Month – Residual 55% of MSRP – .00160 Base Rate
    48 Month – Residual 30% of MSRP – .00270 Base Rate
    60 Month – Residual 25% of MSRP – .00270 Base Rate
  • I've never leased, can you tell me how yur leased worked and how the residual balloon payment can be better than outright buying it?

    thanks
  • Thanks for the current residuals and MF's for the 535i. Do you happen to know the current residuals and MF's for the 550i?
    Thanks for your help on this
  • yatzeyatze Posts: 33
    My lease on BMW 530 xi station wagon is up in March. Residual is aprox, $38k. I paid for 45k miles, but only drove 18.5K miles. The extended warranty on this car would run about $6k according to the dealer. Even though I still have a year left on this car, the dealer told me I would have to pony up the warranty amount upon purchase of the car, not when the original waranty would end after I would own it for a year. The dealer and BMW financial services both said if I re-lease for one year, it would cost me more per month than I am paying now.

    If I buy it I will have to finance the amount. I made 7 multiple security deposits --appx $4000

    So, what are your suggestions? I am going to need another wagon. Thanks.
  • 2008 BMW 550i Sedan
    24 Month – Residual 61% of MSRP – .00140 Base Rate
    36 Month – Residual 55% of MSRP – .00140 Base Rate
    48 Month – Residual 28% of MSRP – .00270 Base Rate
    60 Month – Residual 22% of MSRP – .00270 Base Rate

    these are september rates; I do not see October rates posted.

    ARCHMOD
    I have sent you an email to your "@carspace" account; it explains where I am getting this information from.
  • yatzeyatze Posts: 33
    I also have a 530xi with 18.5K miles coming off lease in March. BMW Financial services said I would have to pay the residual value of about $38K. That the residual price was not negotiable. How did you get them to do that?
  • I took a lease for an executive Demo car

    08 535i Prem/Nav/cold
    10K miles per year 36 month
    $585 per month. Paid $3500 upfront(Includes First month , tax & Title)

    Car has some miles on it.
    Is this a decent deal.
  • jk7jk7 Posts: 23
    Hi

    My 3 series lease is ending soon. Am planning on getting a 535i. Can someone pls put up the MF and residual for 535 for 24mo and 36 mo and for 15k miles/year. Thx

    Jay
  • You're in luck, Jay. BMW just significantly enhanced its lease program on Friday. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 535i with 15,000 miles per year are .00120 and 62%, respectively. The numbers for an otherwise identical 36 month lease are .00120 and 55%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • drgumsdrgums Posts: 51
    Dear Car Man:

    As I awaiting delivery of my 2009 535xi,,( expected in 2 weeks)...has BMW changed the money factor and residuals for returning lease customers with any owner loyalty since Septmber for the 2009's ?

    if the deal gets better before my delivery...then I could benefit.

    Thanks
  • sergeymsergeym Posts: 262
    Try working with your dealer. They will happily buy your car from BMWFS for a typical wholesale price and sell it back to you for 3-4 K profit. Usually it represents a much better deal than paying the residual. In you case there is a catch though. You seem to have a very low mileage and it will make the wholesale price somewhat higher.
  • Hi drgums. BMW recently significantly enhanced its lease program on 2008 models, but not on 2009 models. BMW Financial Services' current buy rate lease money factor for the 2009 535xi is still .00210.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Currently own a 1997 528i. Am considering leasing an 08 or 09 5 series. Am considering either 528xi or 535. I have several questions that perhaps you cld assist me with. Can someone let me know if I can buy an 08 at this time below invoice and if so how much below? What about 09? Where are they selling? Also, what is a fair money factor rate and residual value? It seems so ridiculous to lease a car base on a monthly payment without knowing exactly what terms/figures are being used to come up with that figure. Any other lease advice wld be greatly appreciated. Thx.
  • This may not be news to others. I just called BMWFS to talk about how to go about returning my 2007 530 lease in December when it is due. The guy on the phone asked me if I thought about buying the car. I said no since the residual was higher than the value (42K). He told me this was becoming a problem for BMWFS since the lease returns are all under water based on current value. He offered me 8K off of the residual as long as I financed through BMWFS. He approved me on the phone and sent me a contract via email within minutes.

    I have decided to return it anyway because I cannot imagine not getting my hands on the new 535 twin turbo engine. I am going to pick up my new car today. I just thought folks would want to know that BMWFS is hungry to help you buy out your lease! He told me 8k was the maximum rebate they could offer. I did not press him any harder.
  • Wow! That is some serious rebate change. It makes sense tho as my residual on my 2008 528i is 76%....My $52k retail car has a residual of 39550 after 2 years, 20k miles. making that 31500 is tempting. (granted I still have 13 months left on my lease)
  • mm1250mm1250 Posts: 6
    Hello,

    I saw the new lease specials on BMWusa.com for the 2008 528i lease @ $499/mo 10kmi 36months, MSRP of $47,825.00. I went to the local dealer and found a car and they came in over $90/mo more. I was putting down $2500cap cost, first payment and security deposit along with taxes. I cannot understand why they aren't able to build the config based off the website. I'm assuming they are jacking up the moneyfactor or something. I quailiy for the special lease offer.

    Can you provide the Oct specials for 2008 528i money factor & residual value ??

    I applicate the help.
  • skobolaskobola Posts: 207
    Why would anyone pay down $2500cap cost?
  • mm1250mm1250 Posts: 6
    Because $2500 cap cost would bring the payment down $80-$85/mo. So what's the big deal with putting it down if I have the money to do so? Am I missing something?
  • sergeymsergeym Posts: 262
    Yes. If the car gets totaled your $2,500 will be gone. Never put any oney down on a lease! Even the sales tax should be included in the monthly payment.
  • Just drove home our new 528i. Hoping to get some feedback on the deal we made:

    528i Premium pkg with Nav
    15K miles/year
    36 months
    $2000 drive (incl. 1st month and DMV fees)
    $635.67 per month including tax

    Worked pretty hard for this one. How is this deal????
  • Hello mm1250. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 528i with 10,000 miles per year are .00100 and 58%, respectively.

    As far as making a $2,500 capitalized cost reduction goes, I personally always advise consumers not to make any. Those who do risk losing them if their vehicle is stolen and never recovered or totaled in an accident. It is safer to go with a zero down lease.

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

    What about 12k and 15k per year, 36 month on a 528i? (MF and residual). Thanks.
  • eights38eights38 Posts: 137
    Hi carfan22,

    The lease rates on the 2008 BMW 528i are quite attractive.

    36 Months, 12K Miles/Year - 57% - 0.00100
    36 Months, 15K Miles/Year - 55% - 0.00100

    Best,
    Matt
    eights38@gmail.com
  • My '06 5 Series comes off lease in about a month. What lease terms should I expect to get on a 2009 335 or 535 Series? Should I expect to get the vehicle for invoice, will I have to pay above invoice, or should I be able to get it below invoice?

    This forum was very helpful on my last lease. I appreciate the assistance.
This discussion has been closed.