Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
BMW 5-Series Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I appreciate your response on this and my MDX forum questions.
I ended up going with a 09 X5 with 36K miles lease. I am happy to say that through this forum and your expert advise as well as others, I got the X5 for $170 over invoice price (see my earlier post with pricing details).
I am picking it up the end of July or sooner if all goes well. :shades:
Cheers,
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks,
ktx
2010 528xi, nav, premium pkg, value pkg, satellite radio, 36 months, 12k miles per year
$675 per mo including tax, $1,800 up front for first, bank fee, etc
Have a great fourth
Residual 60%
Lease factor is .00170
Thanks for your help
2010 528xi, nav, premium pkg, value pkg, satellite radio, 36 months, 12k miles per year
$675 per mo including tax, $1,800 up front for first, bank fee, etc
This is a first car for me, previously had a hand me down, so Im a real noob at this.
I have negotiated a 2010 528i , x drive, for a 36 mo lease , 15k miles/yr
value package, premium package, Steptronic, Park assist, Navigation, Comfort acess, Comfort seats, xenon head lights
with MACO, dest charge and Training/Service fee the MSRP is 55,825, Discounted price/wholesale price $52,000
LEASE TERMS : with a $5000 first payment (includes taxes, first month payment and all other fees) the best im getting is : $648 /mo
PLEASE advise me on this pricing. I have never done this before and am at a loss on whether this is good, bad or ugly
I will be really grateful for your input.. Thanks...Sam :confuse:
I got offer from dealer with the following.
Due at signing: $6000 (including first month payment, $550 security deposit)
MSRP: $50775 (w/ premium and xenon light)
Invoice: not sure
Tax: 7%
Term: 36 months, 12K miles a year
Monthly payment: $550
Does this sound good deal to you? I'd appreciate your feedback. Thanks!
and I tried hard to understand why I shouldn't ever make down pay. Can you advise why we shouldn't do that? Thanks!!!
Question on warranty: I recently got a 2007 CPO 530i, which I love. The warranty runs to end of June 2012. In service date was June 2006.
When I was reading the vehicle manuals, I noticed in that leather bound case, a white card, size of a credit card, that was issued by BMW which has VIN, model, and IN SERVICE DATE. The in service date according to this card was January 2, 2007.
When I questioned the dealer ( I really don't think they could or would try to fool someone on a major issue like a warranty), she told me that was not the final word on the in service date, that it was in the system.
What is this card, and what does it mean? I cannot be the only BMW owner that has a vehicle with that white card (looks like a credit card) on the left side of the leather case holding the manuals. If I have to, I want to copy it, and send it to BMW USA and ask about it, but I don't want my dealer to feel I don't trust them as I need them for servicing, etc.
What do you think? Is there any way I can independently check on my vehicle's in service date?
Question on warranty: I recently got a 2007 CPO 530i, which I love. The warranty runs to end of June 2012. In service date was June 2006.
When I was reading the vehicle manuals, I noticed in that leather bound case, a white card, size of a credit card, that was issued by BMW which has VIN, model, and IN SERVICE DATE. The in service date according to this card was January 2, 2007.
When I questioned the dealer ( I really don't think they could or would try to fool someone on a major issue like a warranty), she told me that was not the final word on the in service date, that it was in the system.
What is this card, and what does it mean? I cannot be the only BMW owner that has a vehicle with that white card (looks like a credit card) on the left side of the leather case holding the manuals. If I have to, I want to copy it, and send it to BMW USA and ask about it, but I don't want my dealer to feel I don't trust them as I need them for servicing, etc.
What do you think? Is there any way I can independently check on my vehicle's in service date?
It certainly couldn't have come with the car, because the in-service date is when the car is sold, which can't be determined ahead of time.
Your dealer is correct that the date in the system for your VIN number is the one that governs the warranty.
Next time you are by the dealer, take your VIN number into the service advisor, and ask him (or her) to tell you your in-service date.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Question: if I want to warm up the engine in the winter, I usually close the door and go in the house for 10 minutes. I notice now that with this vehicle, the doors automatically lock after I"m in the car a few minutes. How can I prevent the doors from locking if I'm not sitting in the car, with the engine running? I know there has to be a way to do this. I know I should consult the OM but haven't done so yet. I'm working my way through it..........
Thanks Kyfdx, really appreciate your input. I've learned a tremendous lot from this forum.
Gardis - CT
Residual for both 10K and 12K miles a year would be helpful.
Thanks!
BMW is not currently providing any cash incentives on the 2010 528xi.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Just make sure that the dealer that you are working with uses BMW Financial Services' current buy rate lease money factor of .00155 to calculate your monthly payment and you're in business.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
2010 BMW 535xi sedan (order) $53,400
Monaco Blue Metallic/Cream Beige Leather Light wood trim
Steptronic Automatic Transmssion 0
Comfort Access 1,000
Comfort Seats w/ Lumbar Support 1,200
Fold Down Rear Seats 475
Navigation System 1,900
Satellite Radio w/1 year subscription 595
Active Cruise Control 2,400
Park Distance Control 750
Premium Package (w/ZVP ) 750
Universal Garage Door Opener
Auto-dimming interior mirror
Auto-dimming exterior mirror
Ambient Light Package
Value Package 0
Heated Steering Wheel
Heated Front Seats
Retractable Headlight Washers
iPod and USB Adapter
Leather Dakota
Destination and Hadling 825
Total MSRP $63,295
Sale Price = $58,865
my calculation shows that the sale price is at dealer cost. thoughts?
i'm pretty sure i'm going to go with the special offer for 2010 model year. 2.9% with the bmw select program. apparently in ohio, at the end of the term the lender has to offer the same finance rate on the ballon payment (if i decide to roll the ballon payment into another finance term).
What is the dealer asking to buy that car?
2010 BMW 528xi.
MSRP: 50,775
Discounted Price: 48,100
Residual Value: 57%
Money Factor: .00155
36 months
12k/year
Due at Delivery: 2,520 nothing else
Premium Package
Value Package
Xenon Lights
Monthly payment: $618
What do you guys think of this deal? I know I can't change anything now but just wanted to know your guys and Car-Man's opinion
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Let's look at the other important factor when negotiating a lease, the selling price. The car that you described probably has a spread of just under $4,000 between its full MSRP and its dealer invoice price. That means that the $2,600 dealer discount that you were quoted is probably around $1,300 over invoice. That's not bad, but if you are in an area that has a decent level of competition it would not shock me if you were able to find a dealer that was willing to knock another $500 or so off of this car's price. If you can't or aren't willing to do the legwork for that little, then don't worry...this is a decent deal.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
what are the August lease rates for 2010 5 series
Thanks
1050 535i
USD 51,100.00
416 Carbon Black Metallic
N/C
LCSW Black Dakota Leather
N/C
ZCW Cold Weather Package
750
248 Heated Steering Wheel
N/C
494 Heated front seats
N/C
502 Retractable headlight washers
N/C
ZMP M Sport Package
4,500.00
229 Active Roll Stabilization (ARS)
N/C
300 Space-saver spare
N/C
ZPP Premium Package
750
319 Universal garage-door opener
N/C
430 Auto-dimming interior and exterior mirrors
N/C
431 Auto-dimming rearview mirror
N/C
563 Ambiance lighting
N/C
ZVP Value Package
N/C
6FL iPod and USB adapter
N/C
2TB Sport automatic transmission with shift paddles
500
322 Comfort Access keyless entry
1,000.00
337 M Sport Package
N/C
2NP 18" Light-Alloy Double Spoke wheels (Style ...
N/C
339 Shadowline exterior trim
N/C
438†Dark Poplar Wood
N/C
456†Comfort seats with lumbar support
N/C
704 Sport suspension
N/C
710 M steering wheel
N/C
715 Aerodynamic kit
N/C
775 Anthracite headliner
N/C
609 Navigation system
1,900.00
615 Online Information Services
N/C
620 Voice-command
N/C
653 HD Radio
N/C
655 Satellite radio with 1 year subscription
595
6AA BMW TeleServices
N/C
6AB Steering Teleservices
N/C
6UH Real Time Traffic Information
N/C
Net Total
61,095.00
Destination Charge
825
Gas Guzzler Tax
N/C
Total Suggested Price
61,920.00
This forum has been a fantastic resource in the past so I'm back, now that I'm getting another vehicle...
Would like to get the residual and money factor for the following cars:
2009 & 2010 528i, 12k miles, 36-month lease, South Florida, great credit
(I want to compare the end prices on the 2009 and 2010 leases, so would appreciate data for both!)
Thanks for your help!
I had to make some assumptions when providing you with this data because you never mentioned the exact trim level, mileage allowance, or length of lease that you are interested in. Let me know if you want something different.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I am considering a 2010 535. Is the MF for the 535 the same as the 528? I read on this forum that the BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 528i with 12,000 miles per year are .00145 and 60%, respectively. Can someone confirm this for me for the 535?
Also, is the acquisition fee set by BMW Financial Services? I have heard that BMW allows dealers to add to this amount? What should the acquisition fee be?
Thank you.
tomb009
Phoenix, AZ