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BMW 5-Series Lease Questions

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Comments

  • x021627x021627 Member Posts: 152
    Base rate`for March was`.00190 for both cars. Not sure about April.

    Never put $ down on a lease except for MSD's.

    i was able to lease a 528xi better equipped then the one listed for $649 including taxes in Feb.

    you need to bargsin up from invoice, not down from MSRP.

    good Luck
  • tmasjrtmasjr Member Posts: 30
    You said 36 months, but its a 24 month lease. Is that just a typo or you thought it was 36? Does this change anything?

    Thanks.

    :confuse:
  • tmasjrtmasjr Member Posts: 30
    24, not 36. How does that change the numbers or you just had a typo. You thought it was 24 and you put 36?

    :confuse:
  • bmw62bmw62 Member Posts: 2
    535xi
    6020 miles
    taxes, title and bank down
    was $57k
    price brought down to $53k
    30 mo lease $642
    12k miles/yr

    what do you think -- worth exploring further?
  • gouclagoucla Member Posts: 33
    hi Car_man - do you have the curent BMW FS lease #s for a 2008 528i (sport, prem, nav, ipod, metallic, MSRP$52,475/$48,270 Inv)?

    Need MFs and RVs for 24/36 months, 12k/15k. Any addl cash incentives/mktg support?

    How about same lease #s for 535i (sport, prem, nav, sport shift, ipod, metallic, MSRP$57,875/$53,235 Inv)? Addl cash incentives/mktg support?

    Thanks.
  • gouclagoucla Member Posts: 33
    Dear Car_Man and kyfdx (or anyone else who knows),

    I'm looking at leasing either 535i or 528i, was going through my notes from back in December 2007, for some reason I had written down some numbers which I don't remember where I got them from.

    The base invoice price for the 535i was written down as $42,265, but edmunds and kbb both say $45,450 now, do you know what the difference is?

    Also a big difference on the 528i, I wrote down $37,905 as the base invoice price back in 12/07, but currently edmunds and kbb both say $40,755.

    Can you help me figure this out? Also, I wrote down $1k cash incentive in 12/07, is that still in effect?

    thanks very much

    Brian
  • gouclagoucla Member Posts: 33
    I remember now, that was European delivery pricing, which I dont think I'll do.

    anyone know if the $1000 dealer cash is still in effect?
  • mr_g_35_smr_g_35_s Member Posts: 10
    Vehicle Sales Price (Before Customer Cash Rebate): + $73,020

    Sales Tax (see explanation): % 8.375 +$6,115

    Title, Registration & Other Costs: + $775

    Customer Cash Rebate: – $(2000) This is my problem, Is this correct, or should this 2,000 be more of a rebate???? Help please!!!!!

    Cash Down Payment: – $2750


    Lease Term (months): 30

    Lease Residual Value: $49,654

    Money Factor: 0.00210

    Miles Driven per Year: 10,000

    Acquisition Fee: $500

    Security Deposit: $1,000



    Total Amount to be Financed: $68,245

    My Monthly Payment (tax included): $939.95

    So 2,000 off the MSRP, Is that high , low, right on, Do you see any other problems on these numbers? THANK YOU in advance for any help!!!
  • mr_g_35_smr_g_35_s Member Posts: 10
    BMW Financial Services Lease Programs – April 2008

    2008 BMW 128i Coupe
    24 Month – Residual 76% of MSRP – .00258 Base Rate
    36 Month – Residual 62% of MSRP – .00258 Base Rate
    48 Month – Residual 50% of MSRP – .00258 Base Rate
    60 Month – Residual 41% of MSRP – .00258 Base Rate

    2008 BMW 128i Convertible
    24 Month – Residual 74% of MSRP – .00258 Base Rate
    36 Month – Residual 61% of MSRP – .00258 Base Rate
    48 Month – Residual 48% of MSRP – .00258 Base Rate
    60 Month – Residual 39% of MSRP – .00258 Base Rate

    2008 BMW 135i Coupe
    24 Month – Residual 71% of MSRP – .00258 Base Rate
    36 Month – Residual 58% of MSRP – .00258 Base Rate
    48 Month – Residual 47% of MSRP – .00258 Base Rate
    60 Month – Residual 39% of MSRP – .00258 Base Rate

    2008 BMW 135i Convertible
    24 Month – Residual 72% of MSRP – .00258 Base Rate
    36 Month – Residual 59% of MSRP – .00258 Base Rate
    48 Month – Residual 46% of MSRP – .00258 Base Rate
    60 Month – Residual 37% of MSRP – .00258 Base Rate

    2008 BMW 328Ci Coupe
    24 Month – Residual 70% of MSRP – .00195 Base Rate
    36 Month – Residual 60% of MSRP – .00195 Base Rate
    48 Month – Residual 42% of MSRP – .00258 Base Rate
    60 Month – Residual 34% of MSRP – .00258 Base Rate

    2008 BMW 328xi Coupe
    24 Month – Residual 70% of MSRP – .00195 Base Rate
    36 Month – Residual 60% of MSRP – .00195 Base Rate
    48 Month – Residual 41% of MSRP – .00258 Base Rate
    60 Month – Residual 33% of MSRP – .00258 Base Rate

    2008 BMW 328i Sedan
    24 Month – Residual 71% of MSRP – .00175 Base Rate
    36 Month – Residual 61% of MSRP – .00175 Base Rate
    48 Month – Residual 42% of MSRP – .00258 Base Rate
    60 Month – Residual 35% of MSRP – .00258 Base Rate

    2008 BMW 328xi Sedan
    24 Month – Residual 71% of MSRP – .00175 Base Rate
    36 Month – Residual 61% of MSRP – .00175 Base Rate
    48 Month – Residual 40% of MSRP – .00258 Base Rate
    60 Month – Residual 32% of MSRP – .00258 Base Rate

    2008 BMW 328i Wagon
    24 Month – Residual 70% of MSRP – .00250 Base Rate
    36 Month – Residual 60% of MSRP – .00250 Base Rate
    48 Month – Residual 38% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 328xi Wagon
    24 Month – Residual 70% of MSRP – .00250 Base Rate
    36 Month – Residual 60% of MSRP – .00250 Base Rate
    48 Month – Residual 38% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 328i Convertible
    24 Month – Residual 73% of MSRP – .00245 Base Rate
    36 Month – Residual 61% of MSRP – .00245 Base Rate
    48 Month – Residual 45% of MSRP – .00258 Base Rate
    60 Month – Residual 35% of MSRP – .00258 Base Rate

    2008 BMW 335i Coupe
    24 Month – Residual 69% of MSRP – .00230 Base Rate
    36 Month – Residual 59% of MSRP – .00230 Base Rate
    48 Month – Residual 41% of MSRP – .00258 Base Rate
    60 Month – Residual 33% of MSRP – .00258 Base Rate

    2008 BMW 335xi Coupe
    24 Month – Residual 69% of MSRP – .00230 Base Rate
    36 Month – Residual 59% of MSRP – .00230 Base Rate
    48 Month – Residual 43% of MSRP – .00258 Base Rate
    60 Month – Residual 34% of MSRP – .00258 Base Rate

    2008 BMW 335i Sedan
    24 Month – Residual 71% of MSRP – .00210 Base Rate
    36 Month – Residual 61% of MSRP – .00210 Base Rate
    48 Month – Residual 41% of MSRP – .00258 Base Rate
    60 Month – Residual 34% of MSRP – .00258 Base Rate

    2008 BMW 335xi Sedan
    24 Month – Residual 71% of MSRP – .00210 Base Rate
    36 Month – Residual 61% of MSRP – .00210 Base Rate
    48 Month – Residual 42% of MSRP – .00258 Base Rate
    60 Month – Residual 35% of MSRP – .00258 Base Rate

    2008 BMW 335i Convertible
    24 Month – Residual 69% of MSRP – .00245 Base Rate
    36 Month – Residual 59% of MSRP – .00245 Base Rate
    48 Month – Residual 43% of MSRP – .00258 Base Rate
    60 Month – Residual 34% of MSRP – .00258 Base Rate

    2008 BMW M3 Coupe
    24 Month – Residual 64% of MSRP – .00258 Base Rate
    36 Month – Residual 53% of MSRP – .00258 Base Rate
    48 Month – Residual 43% of MSRP – .00258 Base Rate
    60 Month – Residual 35% of MSRP – .00258 Base Rate

    2008 BMW M3 Sedan
    24 Month – Residual 66% of MSRP – .00258 Base Rate
    36 Month – Residual 55% of MSRP – .00258 Base Rate
    48 Month – Residual 44% of MSRP – .00258 Base Rate
    60 Month – Residual 35% of MSRP – .00258 Base Rate

    2008 BMW M3 Convertible
    24 Month – Residual 58% of MSRP – .00258 Base Rate
    36 Month – Residual 49% of MSRP – .00258 Base Rate
    48 Month – Residual 39% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 528i Sedan
    24 Month – Residual 73% of MSRP – .00190 Base Rate
    36 Month – Residual 60% of MSRP – .00190 Base Rate
    48 Month – Residual 39% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 528xi Sedan
    24 Month – Residual 71% of MSRP – .00190 Base Rate
    36 Month – Residual 60% of MSRP – .00190 Base Rate
    48 Month – Residual 39% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 535i Sedan
    24 Month – Residual 71% of MSRP – .00190 Base Rate
    36 Month – Residual 60% of MSRP – .00190 Base Rate
    48 Month – Residual 38% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 535xi Sedan
    24 Month – Residual 70% of MSRP – .00190 Base Rate
    36 Month – Residual 60% of MSRP – .00190 Base Rate
    48 Month – Residual 39% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 535xi Wagon
    24 Month – Residual 70% of MSRP – .00190 Base Rate
    36 Month – Residual 60% of MSRP – .00190 Base Rate
    48 Month – Residual 34% of MSRP – .00258 Base Rate
    60 Month – Residual 27% of MSRP – .00258 Base Rate

    2008 BMW 550i Sedan
    24 Month – Residual 69% of MSRP – .00210 Base Rate
    36 Month – Residual 59% of MSRP – .00210 Base Rate
    48 Month – Residual 33% of MSRP – .00258 Base Rate
    60 Month – Residual 26% of MSRP – .00258 Base Rate

    2008 BMW M5 Sedan
    24 Month – Residual 70% of MSRP – .00258 Base Rate
    36 Month – Residual 57% of MSRP – .00258 Base Rate
    48 Month – Residual 39% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW 650Ci Coupe
    24 Month – Residual 67% of MSRP – .00210 Base Rate
    36 Month – Residual 57% of MSRP – .00210 Base Rate
    48 Month – Residual 38% of MSRP – .00258 Base Rate
    60 Month – Residual 32% of MSRP – .00258 Base Rate

    2008 BMW 650CiC Convertible
    24 Month – Residual 69% of MSRP – .00210 Base Rate
    36 Month – Residual 59% of MSRP – .00210 Base Rate
    48 Month – Residual 41% of MSRP – .00258 Base Rate
    60 Month – Residual 34% of MSRP – .00258 Base Rate

    2008 BMW M6 Coupe
    24 Month – Residual 69% of MSRP – .00250 Base Rate
    36 Month – Residual 58% of MSRP – .00250 Base Rate
    48 Month – Residual 42% of MSRP – .00258 Base Rate
    60 Month – Residual 34% of MSRP – .00258 Base Rate

    2008 BMW M6 Convertible
    24 Month – Residual 71% of MSRP – .00250 Base Rate
    36 Month – Residual 60% of MSR
    BMW Financial Services Lease Programs – April 2008

    2008 BMW 128i Coupe
    24 Month – Residual 76% of MSRP – .00258 Base Rate
    36 Month – Residual 62% of MSRP – .00258 Base Rate
    48 Month – Residual 50% of MSRP – .00258 Base Rate
    60 Month – Residual 41% of MSRP – .00258 Base Rate

    2008 BMW 128i Convertible
    24 Month – Residual 74% of MSRP – .00258 Base Rate
    36 Month – Residual 61% of MSRP – .00258 Base Rate
    48 Month – Residual 48% of MSRP – .00258 Base Rate
    60 Month – Residual 39% of MSRP – .00258 Base Rate

    2008 BMW 135i Coupe
    24 Month – Residual 71% of MSRP – .00258 Base Rate
    36 Month – Residual 58% of MSRP – .00258 Base Rate
    48 Month – Residual 47% of MSRP – .00258 Base Rate
    60 Month – Residual 39% of MSRP – .00258 Base Rate

    2008 BMW 135i Convertible
    24 Month – Residual 72% of MSRP – .00258 Base Rate
    36 Month – Residual 59% of MSRP – .00258 Base Rate
    48 Month – Residual 46% of MSRP – .00258 Base Rate
    60 Month – Residual 37% of MSRP – .00258 Base Rate

    &#P – .00250 Base Rate
    48 Month – Residu
  • mr_g_35_smr_g_35_s Member Posts: 10
    2008 BMW M6 Convertible
    24 Month – Residual 71% of MSRP – .00250 Base Rate
    36 Month – Residual 60% of MSRP – .00250 Base Rate
    48 Month – Residual 43% of MSRP – .00258 Base Rate
    60 Month – Residual 34% of MSRP – .00258 Base Rate

    2008 BMW 750i Sedan
    24 Month – Residual 65% of MSRP – .00200 Base Rate
    36 Month – Residual 55% of MSRP – .00200 Base Rate
    48 Month – Residual 32% of MSRP – .00258 Base Rate
    60 Month – Residual 26% of MSRP – .00258 Base Rate

    2008 BMW 750Li Sedan
    24 Month – Residual 65% of MSRP – .00200 Base Rate
    36 Month – Residual 55% of MSRP – .00200 Base Rate
    48 Month – Residual 32% of MSRP – .00258 Base Rate
    60 Month – Residual 26% of MSRP – .00258 Base Rate

    2008 BMW 760Li Sedan
    24 Month – Residual 52% of MSRP – .00200 Base Rate
    36 Month – Residual 42% of MSRP – .00200 Base Rate
    48 Month – Residual 30% of MSRP – .00258 Base Rate
    60 Month – Residual 24% of MSRP – .00258 Base Rate

    2008 BMW Alpina B7 Sedan
    24 Month – Residual 55% of MSRP – .00200 Base Rate
    36 Month – Residual 45% of MSRP – .00200 Base Rate
    48 Month – Residual 34% of MSRP – .00258 Base Rate
    60 Month – Residual 28% of MSRP – .00258 Base Rate

    2008 BMW X3 3.0si 4WD SUV
    24 Month – Residual 74% of MSRP – .00250 Base Rate
    36 Month – Residual 64% of MSRP – .00250 Base Rate
    48 Month – Residual 36% of MSRP – .00258 Base Rate
    60 Month – Residual 30% of MSRP – .00258 Base Rate

    2008 BMW X5 3.0si 4WD SUV
    24 Month – Residual 68% of MSRP – .00210 Base Rate
    36 Month – Residual 58% of MSRP – .00210 Base Rate
    48 Month – Residual 43% of MSRP – .00258 Base Rate
    60 Month – Residual 36% of MSRP – .00258 Base Rate

    2008 BMW X5 4.8i 4WD SUV
    24 Month – Residual 68% of MSRP – .00210 Base Rate
    36 Month – Residual 58% of MSRP – .00210 Base Rate
    48 Month – Residual 38% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    2008 BMW X6 xDrive35i
    24 Month – Residual 62% of MSRP – .00258 Base Rate
    36 Month – Residual 51% of MSRP – .00258 Base Rate
    48 Month – Residual 41% of MSRP – .00258 Base Rate
    60 Month – Residual 35% of MSRP – .00258 Base Rate
    2008 BMW Z4 3.0si Coupe
    24 Month – Residual 62% of MSRP – .00210 Base Rate
    36 Month – Residual 52% of MSRP – .00210 Base Rate
    48 Month – Residual 36% of MSRP – .00258 Base Rate
    60 Month – Residual 29% of MSRP – .00258 Base Rate

    2008 BMW Z4 3.0i Convertible
    24 Month – Residual 71% of MSRP – .00220 Base Rate
    36 Month – Residual 61% of MSRP – .00220 Base Rate
    48 Month – Residual 37% of MSRP – .00258 Base Rate
    60 Month – Residual 29% of MSRP – .00258 Base Rate

    2008 BMW Z4 3.0si Convertible
    24 Month – Residual 71% of MSRP – .00220 Base Rate
    36 Month – Residual 61% of MSRP – .00220 Base Rate
    48 Month – Residual 36% of MSRP – .00258 Base Rate
    60 Month – Residual 29% of MSRP – .00258 Base Rate

    2008 BMW Z4 M Coupe
    24 Month – Residual 67% of MSRP – .00210 Base Rate
    36 Month – Residual 57% of MSRP – .00210 Base Rate
    48 Month – Residual 36% of MSRP – .00258 Base Rate
    60 Month – Residual 29% of MSRP – .00258 Base Rate

    2008 BMW Z4 M Convertible
    24 Month – Residual 67% of MSRP – .00210 Base Rate
    36 Month – Residual 57% of MSRP – .00210 Base Rate
    48 Month – Residual 38% of MSRP – .00258 Base Rate
    60 Month – Residual 31% of MSRP – .00258 Base Rate

    Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms

    Use the following formula to calculate a lease payment:

    (Cap Cost – Residual Value) / Term = Depreciation
    (Cap Cost + Residual Value) X Money Factor = Interest
    Depreciation + Interest = Base Monthly Payment
  • seabassttuseabassttu Member Posts: 7
    Hello all, need some help on the following for a 528i in Charlotte, NC. Black 528i, premium package with black leather, heated seats, iPod and xenon.

    MSRP 49,075
    Selling price of 47.075
    36 month lease with 10K a year
    $1,116 down (includes first payment)
    $684 a month.

    This seems really high to me - rookie here and would really appreciate some advice. Thanks.
  • bmw62bmw62 Member Posts: 2
    535xi
    6020 miles
    taxes, title and bank down
    was $57k
    price brought down to $53k
    30 mo lease $642
    12k miles/yr

    what do you think -- is this worth exploring further?
  • x021627x021627 Member Posts: 152
    is this at Morristown BMW? I am asking since a few months ago I recall a CA there emailing me about a similar car when I was looking. I think you should see the best deal you could get on a NEW 535xi similarly equipped. People are getting good deals and there is alot of competition in NJ since there are so many dealers. Also if you want an XI who is looking to buy those in the Spring?

    Good Luck and let us know how you make out!

    :)
  • gjonesmigjonesmi Member Posts: 4
    I have been offered a 2008 535i lease that they are quoting a 24 month residual of 73% and a money factor of .023. Does this sound correct.
  • car_rmcar_rm Member Posts: 47
    The MF quoted makes sense as long as you understand that the dealer has bumped is up by .0004, the maximum that they can increase it by. This increase can be negotiable depending on the dealer.
  • gjonesmigjonesmi Member Posts: 4
    I do understand they bumped up the money factor but it also looks like they bumped up the residual. Will one offset the other?
  • kyfdxkyfdx Moderator Posts: 235,217
    The 73% residual is correct for 24mo/24K miles...

    The 24mo/30K residual is 71%..

    The dealer can't change these numbers.. they are set by BMWFS

    regards,
    kyfdx

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • weirvinejrweirvinejr Member Posts: 13
    I am being told by a dealer in Atlanta that the April 2008 BMWFS buy rate of 0.0019 can only be obtained by returning BMW customers. Is this true? He's quoting a 0.00285 rate.
    Thanx
    Walt
  • smithsongasmithsonga Member Posts: 123
    You are being taken for the typical ATL dealer ride.

    Call BMW in Macon or Athens and talk to their internet guys. They can pull the car out of the ATL dealer and save you $.
  • weirvinejrweirvinejr Member Posts: 13
    The Atlanta dealer has come down to 0.00225, and claims that I can lock this in for 30 days if I get the BMWFS credit application in before close of business 30 Apr. He also claims that they will not go any lower on the money factor. From reading here, I should be able to get 0.00190 + 0.00015 without a security deposit. He's quoting $720 not including tax on a 36 month, 10K miles lease. MSRP 56670 Cap cost 53500 (no fees included according to him, but I can't find acq fee) 63% residual Money factor 0.00225. Total up front: 1st month payment, doc fee, tax, title, tag = $1365. Claims to know that May residuals and money factors are going up, and is pushing real hard to get an end of month sale. My figures show $713.76 monthly before tax with an acq fee of 625 included in cap cost.
    What do y'all think?
  • bears22bears22 Member Posts: 3
    Anyone know when BMW is doing a substantial make-over of the 5 series? Anyone seen any images of it?
  • supershopper1supershopper1 Member Posts: 7
    I think it was a good deal. My sales person said to come by tomorrow for a similar one!

    2008 535i
    MSRP - 59,075 (premium, sport, sport auto, ipod, nav, heated seats, park distance)
    Invoice - 54,805
    Sales Price - 53,379
    Residual 43,125
    $1511 drive off
    $699/month, 24 months

    Got to love month end!
  • carnaughtcarnaught Member Posts: 3,497
    Smokin' deal !
  • gvitalik1gvitalik1 Member Posts: 55
    Is this including tax?
  • supershopper1supershopper1 Member Posts: 7
    Yes, including tax. I think it was like $648.xx plus about $50 in tax/month
  • gouclagoucla Member Posts: 33
    supershopper1 - that sounds like an awesome deal, how did you negotiate them down to $1500 BELOW invoice??? Is there dealer cash or holdback?

    Does this deal change on May 1?

    Thanks and congrats!
  • supershopper1supershopper1 Member Posts: 7
    Thanks goucla. There was a $1900 dealer incentive on certain models (5 series, 3 series coupes, i think 7 series). They said it was through April only, but given the economy (salesperson said they were down about 15%), i wouldn't be suprised if it's still available. They also brought down the money factor, and the residual on the 24 month lease of the 535i at 12k miles/year was a solid 73%.
  • gouclagoucla Member Posts: 33
    supershopper1 - thanks for the color, and still what an amazing deal at $400 over dealer cost (after the $1900 incentive). May I ask what was the money factor?
  • supershopper1supershopper1 Member Posts: 7
    I think the money factor was .00205 (they had started at .00225)
  • petppetp Member Posts: 43
    leased a 5 series almost 3 years ago and put around $4K as a cap-cost reduction. so a normal used 5 series has a retail value of $32K, but my current buyout is $28K. can i negotiate this $28K even lower...to say $25K or not?

    many thanks
  • petppetp Member Posts: 43
    makeover for 2011 model year from what ive read.
  • gouclagoucla Member Posts: 33
    thats great. what city/state you buy this in? Wonder if northern Cal dealers are being aggressive...
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Sorry about the confusion, tmasjr. BMW Financial Services' 24 month and 36 month money factors are currently exactly the same.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi goucla. Here's the information that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 528i with 15,000 miles per year are .00190 and 73%, respectively. The numbers for an otherwise identical 36 month lease are .00190 and 60%. If you were to lease with only 12,000 miles per year, this car's residual values would be 2% higher.

    The money factors for the '08 535i are exactly the same, but its 24 and 36 month residual values are 71% and 60%.

    The only other incentive that is available on these cars right now is a special .00010 money factor reduction for current BMW lessees and owners.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Goucla, BMW is not currently providing cash incentives on any 2008 5-Series models.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings seabassttu. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    You are off to a good start in your negotiations because you are paying attention to what your car's selling price is. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Shop around for the lowest possible selling price that you can get and then have the dealer that you decide to go with calculate your car's monthly payment using its buy rate lease money factor. It is important that you check to make sure the dealer is using the buy rate. BMW dealers are notorious for marking vehicles' money factors up to add additional hidden profit to deals. BMW Financial Services' current buy rate for a 36 month lease of a 2008 528i is .00190.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi petp. The only way to know for certain whether BMW Financial Services will negotiate your car's lease-end purchase price is to give them a call. If you do not have any luck with your initial contact there, you can always try working your way up the ladder to a manager. Some people have had better luck with that. Having said this, I suspect that BMW FS will not be willing to work with you, but give them a call anyhow. You don't have anything to lose by trying.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • supershopper1supershopper1 Member Posts: 7
    San Diego, CA - BMW of San Diego
  • gouclagoucla Member Posts: 33
    Hey CarMan - what about the $1900 rebate on the premium package? I see on bimmerfest that some people say its extended until 5/4, others say its over as of 4/30, looking for clarification...
  • gouclagoucla Member Posts: 33
    Anyone know the latest residuals/money factors/incentives for May?
  • lengelberglengelberg Member Posts: 6
    The BMWUSA web site has higher nominal lease prices on all 5-series models. I suspect there has been a drop in the residual values.
  • supershopper1supershopper1 Member Posts: 7
    It might be residual, but also they are now including premium package by default, which they previously did not on the website factory leases. Therefore, the msrp is also higher.
  • drgumsdrgums Member Posts: 51
    Any lease deals on 535xi ?
  • bears22bears22 Member Posts: 3
    thanks
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    The free Premium Package on most 5-Series models is available through June 30th.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • be02939be02939 Member Posts: 14
    In my experience, Ralph Fairweather of BMW of Palm Springs was the best price and MF that I could find. BMW of San Diego would not match my deal. I was in Palm Springs over the weekend in Feb.. I had been to two San Diego BMW dealerships and not found very encouraging pricing. I called BMW of Palm Springs not expecting anything different. However, Ralph gave me his best price and MF on the phone. I was at the dealership an hour later and leased a 535.
  • sidv22sidv22 Member Posts: 1
    I am about to seek quotes on a 528i that has a MSRP of $50.475. I want to lease it for 36 months as my current lease is about to expire and I am going to turn in that BMW. What would be a good deal? How much can I get the MSRP down to? What should the money factor be? Is there any discount for a current BMW Financial Services customer? What is a good number for residual value? Thanks for any help!
  • gocalbearsgocalbears Member Posts: 2
    Car_Man
    Quick question for you. How do you know the Premium Packages is free on most 5 Series models through June 30? I went to negotiate a lease on a 528i and when we were discussing the pricing I mentioned that the Premium Package was currently free. He said it was not free and had not been free. May not have known what he was talking about, but it would be good to have the information to support my argument if I decide to pull the trigger and negotiate for a 528i.
    Thanks
  • x021627x021627 Member Posts: 152
    head on another board that the premium package credit is a factory to dealer that they may or may not pass on to the customers. With that said, I would negotiate with that in mind subtracting the credit from invoice and negotiate up. If the dealer you are working with will not work with you, then find another or just threaten to walk.

    Good Luck! I have a 528xi and I LOVE IT :D
  • sk1182sk1182 Member Posts: 7
    Hello everyone,

    First time poster here. Had I found this forum earlier, I know I could have gotten a better deal on my 2006 BMW 525i lease (actually my parents own the car but you know what I am saying). I am still fairly new at this car leasing process so any help would be much appreciated.

    Let's jump right into the good part. my current lease matures in July '08 and I am strongly leaning towards purchasing the car. I had signed a 3 yr lease back in July '05. Here are the figures I am looking at:

    Mileage: 25k (primary reason why I am strongly leaning towards purchasing the car)
    Condition: Excellent
    Residual Value: $28,377.40

    I talked with my portfolio manager today and he said the residual value is pretty much set in stone and non-negotiable. He quoted the total purchase price at $31,420.82 including tax, tag, etc (excluding the CPO).

    Now following are some of the questions that I could really use help on:

    1. Is the residual value really non-negotiable? Any way I can get in contact with BMW FS and negotiate the value?

    2. Would you recommened purchasing CPO and adding extended warranty on the car for extra $3000? My mom is the primary driver of the car and she hardly uses up any mileage, thus constant maintenance is not all that necessary.

    3. Obviously the portfolio guy tried to goad me into purchasing the car saying if the my car in its current state were to be placed on a lot, it would be priced at 35k-40k. How much would you say my car in its current is really worth in the market right now, and am I getting a good deal in terms of residual vs market?

    Checked the Kelley Blue Book website and found the following:

    Suggested retail value
    $34,225

    Private Party Value
    $28,975 (excel condition)

    Any help would be greatly appreciated...thanks a lot guys.
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