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BMW 5-Series Lease Questions
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Comments
36 Months
Monthly Payment:
617.56
Purchase Option:
32,097.40
MSRP:
51,770.00
Est. Miles Per Year:
12,000
Disposition Fee:
350.00
Money Due at Inception
1st Month Payment:
617.56
Security Deposit:
0.00
Acq Fee (Upfront):
0.00
Upfront Taxes:
1,918.34
total Out of Pocket
2,547.21
Or wait and get a 2008 with 300hp?
I am getting ready to lease a 2007 525xi with NAV, Premium package, Cold weather package and automatic and these are the terms
MSRP 52,300
Dealer discount 50,245
3 year lease, 12k miles, MF .00140
lease payment $637 including taxes, title & fees with 4160 down.
European delivery would be $539 a month.
How can I come closer to or under $500. How can I negotiate a better deal? What are rebates?
Any guidance would be appreciated. Thanks!
I saw your question to car man. I've been researching 525 and 530 xis. That looks like a pretty good deal. I was wondering what dealership was giving you this deal so that I might use it in negotiations with my dealership.
I case your wondering this is what I had so far:
2007 525 xi
listed MSRP at 51,220
sale price 49,220
$2500 cash down
36 months, 12,000 miles
$578/month
MF 0.0019, $600 security
residual is 61% I do believe
I needed some advice. I am planning on registering two leased card from PA in California, and I spoke with someone at DMW and they informed me that I have to pay a registration fees. I already looked on the dmv site and they have a section for "fee calculations", however, it is not suited for leased cars. Also, I called them up and they informed me that I would have to come in and speak to someone in person. My concern is that in leased cars you do not pay a lump sump in sales tax, and you actually pay a monthly figure in every payment. Could someone who recently moved to California with an out of state leased car please share their experiences.
Thanks
BTW, does anybody know the base rate or MF for the month of March?
Thanks.
BTW, the dealer is already marking up the rate the maximum amount... the base rate for February is .0010
regards,
kyfdx
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Thanks again!
P.S. That's with 1 security deposit.
Actually it was one of those end of month deal and I was able to get a $1000 above invoice for the 2007 530i. I was looking at 36-months, 12k per year, and the sales manager insisted that I have to pay the security deposit and I walked out at that point. I should have taken the deal ...
Does anybody know what's the March MF and residual value for 2007 530i, 3 year, 12k/year?
Thanks.
99_528i
Car_man
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The good news is that the money factor that you were quoted for this car is right in line with BMW Financial Services' current buy rate for it. This means that the dealer you are working with isn't trying to make any hidden back-end profit on your deal.
Car_man
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we compromised a week ago at .0018 with a security deposit and he threw in one of the dealers perks (Diamond Fusion Coating for windshield; no necessity but fun). I clearly didn't like the process, but was ok with the result at the end, since I really missed out in the beginning to nail everything down. It was an interesting learning experience for my first lease deal. Don't know what I would have done without having had access to all the info in this forum. It's brilliant! Will be back in three years LSMB
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The money factor that you were quoted looks good to me, but you really are making too large a down payment on your lease. I always advise consumers not to make any sort of down payment when leasing because if their leased vehicle is totaled in an accident or stolen and never recovered, their is a good chance that they down payment will just disappear. You can and should lease any vehicle that you want without making any sort of capitalized cost reduction.
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530xi w/ Cold Weather, Premium, & Sport Package. also includes NAV, Sat Radio & Auto Trans.
MSRP-$58,095
Selling Price-$55,500
MF-.0025
Residual-60%
He claims that the dealer is only making $1800 off the deal but the MF number look suspicious to me.
To get the payments in the mid $600, they are quoting a 5K down payment.
Steer me right as I need a vehicle by Monday.
Thanks
2007 BMW 530xi Sedan BMW Financial Services Lease Rates and Residuals – Effective 3/5/07
Add 2% to Residual Value for 12k mi/yr and 3% for 10k mi/yr on all terms
24 mo/15k mi – Residual Value 70% of MSRP – .00165 Money Factor Buy Rate
36 mo/15k mi – Residual Value 60% of MSRP – .00165 Money Factor Buy Rate
48 mo/15k mi – Residual Value 40% of MSRP – .00320 Money Factor Buy Rate
60 mo/15k mi – Residual Value 31% of MSRP – .00320 Money Factor Buy Rate
What would be your best approach?
Thanks
thanks
All the best,
George
Nothing down, tax also rolled in
0.00165 MF 3k off MSRP, 60% residual
36 months, 15k per year
MD lease
http://townhall-talk.edmunds.com/WebX/.f0a511b.ef9d9cf/59
Thanks
I made the 7 additional security deposits and reduced the MF from .00065 - .00049 = .00016 money factor. Is this the best deal or did the MF improve in March? Thanks
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Thanks.
A salesman claiming I should pay MSRP now...
Car_man
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What is the MF and the residual value for 36 months lease, 12k miles a year for the 2007 530i?
I assume the rule of +0.00015 MF to have the security deposit waived still applied.
Thanks,
x99_528i
.0025 MF is for first time BMW owners and .0018 is for existing BMW owners. BMW claims that it is only for the month of April so I ask the sale manager if this program will be extended he said he would look into it. My error above, you can only lock in the rate for 60 days not 90 days. MSRP $54405 with premium package/cold weather/park distance/premium hi-fi