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BMW 5-Series Lease Questions
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Comments
1) Are the MACO and Training fees negotiable?
2) For a 10K 3 yr lease, I believe residual is 61% and MF is .00175; for 2 years, residual is 65% and MF is the same. Are these numbers correct?
3) How does the Conquest Bonus Cash of $2,500 work? I've been told it is essentially a cap cost reduction. Is that right?
4) How much of a bump to MF is it to include security deposit in MF? Approx. .00015?
5) What is a good 2 yr or 3 yr lease payment (including tax) on such a car? Many thanks!!!
Nothing but good experiences.
Your MSRP is only $475 more than mine by you are paying $4250 more than I did. You should be able to get the cap cost down to about $47000.
spoat automatic trans w/paddle shifters
premium
Sports
Nav
ipod and USB adapter
Dest charge is $825
MSRP $59,825
Selling Price $55,800
36 months
15,000 miles
Residual 58%
total out of pocket at signing is $2500
Monthly payment is $682.00 plus tax.
He then offers me the same package but with 12,000 (instead of 15,000) and with $2800 out of pocket for a monthly payment of $647 plus tax.
Are these good deals? If so which is the better one, if at all.? thanks, Im ready to lease but need to know your advice first. thanks
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Msrp of 528i is $55320 -- inv $50,875 -- on US deliv what should I be paying for 12K per year on 24 or 36 mo with no monet down.
Cheers
Gordon
the price now is around 44,000,
if this price negotiatable?
and is there any tips that i can use while negotiating with dealers?/
please help if you have such experience
many thanks !!
The money factor and residual value that you mentioned in your post are right on the money.
If you are eligible for the conquest cash, it indeed would act like a capitalized cost reduction. It would lower your car's selling price and in turn its monthly payment.
BMW FS will waive its security deposit requirement for non-returning lessees in exchange for a .00015 money factor increase.
Let's work up a sample lease payment on this car for you and see what we come up with. For now I will assume that you are interested in leasing an '09 535i that has an MSRP of $56,750 and a selling price of $55,330. According to my calculations, this car would have a 36 month, 10,000 mile per year, zero down, pre-tax monthly payment of around $733. The payment for an otherwise identical 24 month lease would be around $930.
Car_man
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Make sure that you're getting the $2,500 if you qualify for it and make sure that the dealer is using BMW Financial Services' current buy rate lease money factor of .00175 to calculate your monthly payment.
Car_man
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Car_man
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MSRP: $63205
Invoice: $59
Sale pr: $55600
BMW incentive: $2500
Allowed mileage: 15K/yr
Due@sign: 4421 (Taxes, inception, sec. dep, doc fee)
Monthly pmt: $643 for 36 months
Curious if you can share good lease deals for Prem/Nav/Sport packages on a 528XI in NJ? and from which dealers?
Thanks!
Does anyone know when the 2010 is being offered from -- slaesman says its too late to order an 09 for Euro delivery??
Car_man
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Thanks for that --look forward to hearing from you
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks for the quick service!!! Do you know what the factor is on 535i 36 mths 12,000??
Cheers
2009 BMW 535i Sedan
Alpine White
Black Dakota Leather
Sports Package
Premium Package
Sport Auto Trans w/ Paddle shifters
Navigation
Bamboo Anthracite Wood Trim
36mo 12K mi
$60,025 MSRP
$55,200.42 Selling Price
Residual 60%
Monthly Payment 682$ CA Tax Included (624$ with notax)
Total out of Pocket 2000$
Was 4500$ but BMW loyalty of 2500$ applied
What you guys think
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My 2007 BMW 530i lease will end by June 2009. My dealer offer me to buyout the vehicle for $34,000 +Tax & Lic with CPO certified, and dealer will waive my last lease payment. Is this a good deal? Can the price be negotiated? If so, what is right price? Should I negotiate with one dealership or multiple dealerships?
The vehicle has Sport, Premium, and Nav with 30K miles.
Good Luck!
And my car does not show any reduction ;(
30K 36months
3K Down
Premium
Ipod
Xenon
SAT
$518 Per Month Tax in
Optional Equipment $3,300 $3,005
ZPP Premium Package $2,400 $2,185
522 Xenon Adaptive Headlights $900 $820
205 6-Speed STEPTRONIC Automatic Transmission $0 $0
Destination Charge 825 825
Getting a quote from Dealer : Invoice +180(training fees)+500.00
45965+180+500 = 46645 - 2500(Conquest cash)= 44145 +TTL.
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Any more room for price negotiation?
Can I get away without paying Destination charge of 825.00.
This is the Cash Price. But I might go for a lease !!
Opinions and suggestions
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From what I know, if purchasing a new BMW, they only have a 0.9% rate, and pay the first 2 months (upto 2 months).
Is my understanding correct? Or there are other perks that I am not aware?
My negotiated sales price was 55,200. The BMW loyalty was almost all cap reduction which is what helped the payment be so low. Basically 4500 due at signing but with BMW loyalty credit of 2500 only 2000$ came out of pocket total.
Email me and I can give you more info eddie33081 at yahoo.com
Destination charge ; 825.00
Acquisition fees ; 825.00
Does one pay both?
What has been the case for some of the owners who leased lately?
Yes, you can't get away from paying destination charge and how much you can negotiate acquisition fee from base of $625 is up to you.
Interior: deep blue sea metallic. Exterior: beige leatherette. Cold weather package.
36 months. 10K miles per year. $525/month (tax included). $1600 due at signing (first month included).
What do you think?
If it's a lease, then being a loaner is no issue... You'll be under warranty and maintenance for the entire term.
Leatherette in a 5-series? Must be a pretty low-option model. Any idea what the original MSRP is?
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In your opinion, is this a good deal?
On a new 2009 car, I was offered a similarly equipped car for $770/month.
It's been the standard interior on 3-series and 5-series for years..
Mercedes calls their vinyl, MB-Tex. Even an E-class doesn't come standard with leather.
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It should be better now as they are trying to move the cars ASAP in May.
2009 528i xDrive; Alpine White/Cream Beige with Premium, Cold Weather, Xenons, Auto Trans
10k / 36 mos
MSRP: $52,975
Cap Cost: $45,890 (breakdown: Inv 48,765 - X3 loyalty 1,500 - lease cash 2,500 + acq fee 725 + dealer profit 400)
Residual: 61%
MF: .00175
Base Pmt = $515.54, no $ down, first payment due at signing
Let me know what you think! :shades: