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
Looking for June lease rates for 2011 535.
Thanks
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of a 2011 535i Sedan are .00230 and 61%.
In June, BMW is providing a $7,000 cash incentive on the 2010 535i. Make sure to take this cash into account during your negotiations.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks for being so helpful. Can you please clarify if the 7K incentive on 535 includes the 1.5K loyalty? Edmunds and other sites show only 6K (and 1.5K loyalty).
Do you also know what is the total incentive on 528? Is it 5K (+1.5K loyalty) or 6K (+1.5K loyalty)?
Thanks!
Thanks!
Most likely, you will see some money (marketing incentive) applicable to a lease which is effectively a reduction in the capitalized cost.
But of course, according to my local BMW dealer, the new 5 is so popular that they won't be discounting them at all for at least 2 years. (Maybe I should be on the same pills he's on).....
Any thoughts or advice?
Thanks again!
BMW is providing $6,000 + the loyalty again if you are eligible on the 528i Sedan.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I am planning to lease a new 503i either 2010 or 2011 model and I have a couple of questions:
1. Please tell me what is the MF and residual for both years for 36/12000.
2. Please tell me how do I obtain the loyalty discount, will I get it when I apply for BMWFS? (I am current had a load with BMWFS)
3. Please tell me if the discount is a fix amount or is it a discount of MF? How much?
4. Sport pkg will always comes with run flat tires, correct?
5. For the 2010 model, if the car I want has to be ordered, will I be able to get the $7000 incentive discount?
6. Will I get a better deal if I sign up the lease before 6/30 for 2010 model?
BTW, I am in N Cal.
Thanks very much in advance!
I got a quote for a 2011 535i with MSRP $57725, $1572 down include 1st month payment, 15000 miles w/ 58% residual value for 36 month and money factor was .00245. monthly payment came out $848.70 plus tax.
is this good deal?
thanks
Thanks
535i, with Navigation only (I would have to order / wait for this)
Money factor of .0025.
The residual is 61%
Discounted the car $2000.
10k miles per year (I work from home)
$1857 down - first payment and acquisition fee
$52375 (minus the 2K discount)
$50375
$798 a month
Sound Fair?
Yesterday BMW announced that BMW FS is introducing a tiered system for its lease program. Its rates now vary by credit tier, with the people who have the best credit scores getting slightly better rates than what was available last month and much higher money factors for people with low credit scores.
I should be able to get the full details of this new program some time today. Please feel free to post your questions about it here and I'll gladly fill you in on what I am able to find out.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Do you have the BMW FS July residuals and moneyfactor for the 2011 535i? I suspect based on the tiered approach, the moneyfactor will now be a range - do you have that range or for reference, the best moneyfactor assuming the best credit scores.
Also do you know when this policy goes into effect? I am a few days away from leasing one so this may impact me since I didn't apply and lock down the rate yet assuming it would get better in July.
Thanks in advance.
ML
HTH,
ML
2011 535i, MSPR $61,575
36 month lease, MF = 5.88% (0.00245)
60% Residual
12000 miles/year
$3000 discount
$1797 drive off
willingness to reimburse me a per diem of remaining days on my current lease from a different auto maker (lease expires 7/13)
And, I'm wondering about is a $925 'bank fee (cap)' I noticed on the sales reps screen?
Are you not making a security deposit? It looks like the money factor includes an extra .00015 for the SD waiver... You could knock $15/mo. off your payment (savings of $540) by making a refundable security deposit of $800 or so (refundable... you get it back in 36 months)..
What's the payment?
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
The security deposit is the total payment, rounded up to the next $50 increment...
Do you have a breakdown on the money due upfront? Is the $59575 the net CAP, or are there additions to that amount?
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
line 11: Bank Fee: $925
line 19: Monthly Payment: $980.11
line 20b: base payment: $893.04
cap reduct tax, use tax and bank fee tax, all 9.75%
dmv: 761
doc fee: 45
Ca tire: 7
due at start: 1797.50
reminder : this was prior to a renegotation resulting in another $1K off cap
cap 59,575
adjusted cap 60,500
An extra $1000 off saves $30/mo., pretax..
Making the security deposit lowers the payment by $14.50 , pretax...
I wouldn't worry about the extra on the acq.fee, it all goes to the same place.. If you concentrate on the selling price, you can simplify things... Wouldn't hurt to ask for another $1000... All they can say is yes, no or meet you halfway...
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I am trying to get out of my lease of 08 BMW 535i 36 month lease with close to 15 month Left.
Car is loaded with Navigation, Wood trim, winter package, premium package.
My monthly payment is also very very low Just $585 a month includes tax.
Now I am not sure where & how can I transfer my lease.
I am in NJ.
Thanks for help.
anujsharma10@yahoo.com
BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2011 535i with 15,000 miles per year are .00230 and 58%, respectively for consumers who qualify for its top credit tiers.
Here's the details of BMW FS' new rate structure for anyone who's interested (effective immediately):
Super Elite / Elite / Standard Tiers
Published rates
675+
Standard Plus
640 - 674
+ .00020
Progressive
601 - 639
+ .00040
Progressive Plus
Under 600
+ .00060
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Just to confirm: the residual on the 10K per year on 2011 535i is still 61%, right? That is what it was in June, and I am aiming for the 10K limit.
Best,
ML
My understanding is that this might be the case with the 550 as well.
I am not a happy camper
thanks, mine is on the boat already!
So that is it? Basically lets cut to the "chase"
$799 a month for a pretty stripped 2011 535i. "Okay deal", but I could get $30 dollars more per month off, or some additional options. That's the felling I get.
Also, not related - but interesting, if you looked at BMWs website, the teaser lease numbers a month ago for a 2011 was $609, then $629 now its up to $649.
The same increases with the 528i. Not that I care, as that is with all that money down and taxes, but just pointing that out.
Anyone else get any monthly payment lease numbers on a 535i?
Here is what I want:
528i w/ premium package 1, xenon, ipod, and metallic paint. The MSRP is $49,075, and the invoice is $45,185.
I would like a 3 year lease, with 12K miles per year with 0 down.
Thanks again.
I'm looking to get a 2011 528i. A lease with 12K miles per year.
If the money factor is .0023 and the residual is approx. 25,028 with $1,000 deposit, can I expect to pay around $715 per month? Is that right?
Thanks.
I have not seen or heard of a 2011 - 528i anywhere in the USA. They are not yet here and wont be for months says 2 BMW dealers.
Also, the first ones that come out, will have a few options, as they move (sell) no matter the upgrades or options. But yes, I think $725-$750 you could get it done. When the car gets here.
Have you called a dealer, spoken to anyone?
Thank you!
my current 2008 535 with a 56K sticker was 1900 out the door 30/12, for $700 with tax, so this is a huge increase..i also learned as of this month you better have top tier, like 720+ or the rates are much higher!!!
(current bmw lessee rates)
car man-does this sound like a decent deal?
BTW, in the end I decided to lease another 328i (2011) with premium and automatic, because I was offered forgiveness of the last 3 payments on my 2007 328i and my payment is almost identical to what I was paying on the 2007, which was $484 per month plus tax. I only put down the first month's payment, plus doc fees, and acquisition fee. The color I chose was the new DEEP SEA BLUE with beige leather interior. It's a beautiful and elegant combination.
Please let me know if this is a good deal.
2011, 535i, 12000 miles/year, 3 year lease, buy rate 0.00250, no security, 725 bank fee, 1551.67 total drive off, monthly payment is 772.59+CA tax 9.75%=947.92
MSRP is 55,125
Thanks
I'm looking to get a 2011 535i. A lease with 10K miles per year. 36 mo lease.. with just drive off. here is what i got.
msrp 61,325 p1/p2/conv pck
after discounts on car total come out to 58,700.00
the money factor is .0022 and $4,500 security deposit. total drive off with security deposit come out 6243.00 (4500 would be refunded back to me at the end off 36.mo).
payment 814 with out tax. tax rate 9.75% total monthly payment 894.00
can i expect to get a better deal if i say no to this deal and keep trying to work the sales guy or is this the best im going to get?
thanks in advance
36mo
10k
6300 refund deposit
1700 drive off
867.24 including tax
btw first time bmw owner never had bmw befor love it
msrp 65,475
sale 61,375
res 62%
money .00230
drive off 1,450
36/10k
905. includes 6% sales tax.
Lease guide calculator say payment should be 860. What is the correct #