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BMW 5-Series Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi bocabmw. BMW Financial Services' current buy rate lease money factor and residual value for a 24-month lease of a 2013 535i Sedan with 15,000 miles per year are .00130 and 66% for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical 36-month lease are .00130 and 60%.

    The residual values for leases with 12,000 miles per year are 2% higher.

    There is a $1,500 cash incentive on leases of this car.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings ntlwhsle. BMW Financial Services' current base lease rate and residual value for a 36-month lease of a 2013 M5 Sedan with 15,000 miles per year are .00130 and 49% for consumers who qualify for its top credit tiers.

    I don't think that BMW is offering 39-month leases on this model right now.

    Make sure to take advantage of the $1,500 cash incentive that is currently available on it.

    Car_man
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  • jzaid84jzaid84 Member Posts: 104
    I am shopping around for a lease on a BMW 528i. I prefer the M-Sport, the Tech, and the Premium Packages.

    I need a minimum of 18K miles a year, with a preferred of 20K miles a year.
    Term length would be 36 months.

    What would be the residual on that? What about the money factor?
    I am wanting $0 due at signing; all fees built into price.

    I am in Texas, so taxes here are 6.25%
    What would be a good amount, other than incentives, to argue for? Right now on leases, I would get $2250 in incentives. How much can I get the dealer to discount on top of that?

    What fees should I look for that are "miscellaneous" and unnecessary?
    Thanks in advance for all replies!
  • tjk1938tjk1938 Member Posts: 1
    In Florida it appears that all dealers charge a $599 dealer fee. Does anyone know if that is a fee that dealers are willing to waive?

    Thanks
  • pharlappharlap Member Posts: 1
    edited March 2013
    Are the MF and residual the same for a 550xi? Am interested in the numbers for 36/12k and 36/10k.
  • envy1922envy1922 Member Posts: 1
    Just wanted to know if this was accurate/good deal:

    528xi 2013

    MSRP $50,100

    Package/Options
    black sapphire metallic $550
    Cold weather package $950
    Premium Package $2,600
    Rear View Camera $400
    Park Distance Control $750
    Navigation $1,900
    Net Total $57,250
    Destination $895
    Total $58,145

    Sale Price $54,600
    NJ tax 7.0% (1,654.61)
    Cap Cost Reduction $2,250
    Cap Cost $54,004.61

    MSRP $58,145
    Residual 62%
    Residual $36,050
    Money FactoR 0.00130
    Term 36
    Miles 12k
    Lease Charge $117.07
    Monthly Payment $615.81
    Total Out of Pocket $1910.81
  • rh235rh235 Member Posts: 2
    Hi Insidecarbuy,

    This sounds great deals, could you please share dealer name . I live in westchester and plan to pick one over weekend.

    Thanks
    RK
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi tjk1938. Doc fees are pretty typical charges at dealers. I've heard that Florida is particularly bad as far as doc fees go. Having said that, just because they're common doesn't mean that we have to like them. They're really nothing more than a way for dealers to pad deals. When I come across a dealer that charges a doc fee, I look at it as part of the selling price of the vehicle. So, for example, if dealer A is charging $40,000 for a car plus a $599 doc fee, it's actually a worse deal than dealer B who is charging $40,200 plus a $100 doc fee. Look at the deal as a whole and it makes things more simple.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello pharlap. BMW Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a 2013 550xi with 12,000 miles per year are .00130 and 62% for consumers who qualify for its top credit tiers.

    The residual value for a lease with 10,000 miles per year would be 1% higher.

    BMW is currently providing a $1,500 cash incentive on leases of this car through BMW FS. Make sure to take this cash into account during your negotiations.

    Car_man
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  • aj333338aj333338 Member Posts: 1
    hey car man-- thanks for providing all this great info! what do you think of this quote i received? i feel like there is some room in it; i would also like to add multi contour seats which is around 1300 to it. i am planning on ordering the car pretty soon and like i said, i feel that while this appears to be a decent first offering i think there is some room... here are the details.

    2013 535i xdrive
    includes: m sport, premium package, navi, heated seats, rear camera, park distance

    msrp: 65,095 (like i said i want to add multi contour seats).
    10k/36 mo
    589.47 per month with 3947.78 total due at signing (in QUEENS, NY)

    what do you think?

    thanks!
  • jasonmdbmwjasonmdbmw Member Posts: 117
    If you're thinking about buying a 5 series soon, do it soon. BMW will be ending the $1500 lease/APR incentive at the end of the month and will not be extending it
  • socal59socal59 Member Posts: 82
    That's for the outgoing 2013 model. On the other hand, if you want the better 2014 model, then hold out a few more months. You will also be able to get a
    Diesel which will have great mileage and tons of torque.
  • ewall45ewall45 Member Posts: 1
    Hi Car_man - please help

    I am interested in leasing a 535i Xdrive as well but I need some guidance as I am getting jerked around by the dealer.

    Dealer (New Country BMW In CT) came back with the following....
    2013 535ixdrive with 4500mi - managers car
    Cold weather, Premium pkg, Technology pkg.
    36mo 15k miles
    $2500 down - $725 per month

    They claim to be at invoice which is a joke compared to what I am seeing on this board....

    Thoughts?
  • zoombie99zoombie99 Member Posts: 320
    There is always a risk waiting until the next month but the deals may be better in May.
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • zoombie99zoombie99 Member Posts: 320
    Not a good deal. You should be able to get a new one for 500 over invoice. You need to find out the MSRP and calculate the dealer cost. Also what is the money factor? Do you know about MSDs? I would also try other dealers. It may pay to call dealers in NY or NJ. I got my BMW at BMW of Tenafly and they beat about 6 other dealers.
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • jasonmdbmwjasonmdbmw Member Posts: 117
    They may be better in May but just saying what BMW has already told the dealers regarding April
  • smehta76smehta76 Member Posts: 2
    Hi, can someone tell me if this a great deal or still shop around for BMW 550Xi

    1600 down (includes 1st month payment)
    759/month 10K miles
    779/month 12K miles
    36 month lease

    MSRP: 72,200
    Sale price: 66,500 (400 over invoice)
  • zoombie99zoombie99 Member Posts: 320
    What about the rebate? If it includes the rebate, it is not 400 over invoice, it is much higher. What is the money factor, do you know if you are getting the lowest rate?
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • smehta76smehta76 Member Posts: 2
    We are leasing the car...He is saying the

    MSRP: 72,045
    Sale price: $66,000 (includes rebate..he is saying its 400 over invoice)

    Residual value: $43,900

    Down payment is: $1600 (includes 1st month)
    $779/month for 35 months, 12K year

    It's in Hartford, CT

    What should the lease payment be close too??
  • zoombie99zoombie99 Member Posts: 320
    edited March 2013
    I am just saying it should be $400 over invoice before the rebate. Adding the 1,500 makes you $1,900 over invoice (not to mention the & $750.00 loyality credit) which would put you 2,650.00 over invoice if applicable. If he/she is selling you a car $400.00 over his invoice, it should be BEFORE the application of any credits. Then you reduce the sales price to $64,500.00 or $63,750.00 which will lower your payments!

    You have to get the price down and confirm the money factor. Check out bmwconfig.com to check out the invoice.
    BMW 2019 540x Bluestone
    BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
  • jetblack0004jetblack0004 Member Posts: 1
    Car_Man,

    Thanks for all your help. Would you please list the residuals for the 550i for April for 24 and 36 month leases at 10 and 12K? Thank you!
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're welcome aj333338. Do you happen to know what this car's selling price is? that figure always makes it much easier for me to evaluate a deal.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi ewall45. This doesn't look like an invoice deal to me. What are the car's MSRP and selling price?

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    No problem jetblack0004. BMW Financial Services' April buy rate lease money factor and residual value for a 24-month lease of a 2013 550i Sedan with 12,000 miles per year are .00129 and 68% for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical 36-month lease are .00129 and 62%.

    If you were to lease with only 10,000 miles per year, this car's residual values would be 1% higher.

    Car_man
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  • tsparktspark Member Posts: 3
    Car man,

    Could you tell me the mf, residual and any current incentives for leasing a 2013 528xi with 15,000 miles per year for 36 months. Am I correct to assume the MF is .00129?

    Thanks in advance
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi tspark. Your assumption about the money factor is correct. BMW FS' buy rate for most models is .00129 this month. It's pretty silly that they changed it to that from .00130. How much of a difference can .00001 really make :).

    BMW FS' April residual value for a 36-month lease of a 2013 528xi Sedan with 15,000 miles per year is 61%.

    Car_man
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  • berisky1berisky1 Member Posts: 20
    2013 535i Well Equipped.

    $66,250 MSRP + Tx + Lic/Reg

    $740/mo with $0 down, 36 months, 12K mi/yr

    Anyone get or hear of better?

    Much appreciate any input.
  • carguy778carguy778 Member Posts: 33
    Thats $26640 for 3 years worth of driving. Are you planning to purchase the car afterwards?
  • berisky1berisky1 Member Posts: 20
    Definitely not purchase the car after lease.

    Does anyone know what a good deal is for this car?
  • braketoolatebraketoolate Member Posts: 12
    this is a pretty good deal, did you do it?

    Do you mind I ask where do you get it?
    I'm looking to pick up a 535 in NYC too.
  • socal59socal59 Member Posts: 82
    There are instances when purchasing a car after your lease works. My X5 that I own I did just that. They lowered the price way below what the used car market was, they verified it, detailed it, new tires and almost free financing 3%. I had to contact different dealers for the best deal. So definitely not to do it is not always the right choice, if you want the car.
  • bocabmwbocabmw Member Posts: 5
    I just leased a 2013 535 m sport, 65000 sticker SIGN and DRIVE absolutely zero out of pocket including all fees and taxes and first month, $775/ month 36/12k. Very hard to locate well equipped m sports with paddles in florida.
  • berisky1berisky1 Member Posts: 20
    Braketoolate: Los Angeles
  • berisky1berisky1 Member Posts: 20
    Bocabmw: So I guess my deal is pretty good. Thank you Boca.
  • braketoolatebraketoolate Member Posts: 12
    Is there any info on 2013 535i lease residual value and money factor?
    I plan to lease for 10k for 3 yrs.

    Thanks in Advance.
    A
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi braketoolate. BMW Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2013 535i Sedan with 10,000 miles per year are .00129 and 63% for consumers who qualify for its top credit tiers.

    Car_man
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  • braketoolatebraketoolate Member Posts: 12
    Car_man, you r da man!

    How about 535 Gran Turismo? I wonder if it would be better. Also 36x10k.

    Thanks in advance.
  • jasonmdbmwjasonmdbmw Member Posts: 117
    The RV for the 535 GT is 65%
  • tsparktspark Member Posts: 3
    edited April 2013
    Car man

    Does the 1500 bonus cash apply to this model( 2013 528xi )? For a lease of course. Thanks so much for all your help.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Thanks braketoolate. BMW Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2013 535i GT with 10,000 miles per year are .00129 and 65% for consumers who qualify for its top credit tiers.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Unfortunately, tspark, the $1,500 cash incentive that was available on the 5 in March is no longer available in April.

    Car_man
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  • coffee22coffee22 Member Posts: 1
    I'm in Los angeles. Can you tell where you got such a great deal? Currently looking for 535 with premium and technolgy package. What should I expect a lease payment to be with a good deal?
  • onetimer1onetimer1 Member Posts: 2
    Colorado
    535 xi
    Imperial Blue
    M Sport
    Cold Weather Package
    Driver Assistance Package
    Premium Package
    Navigation System
    MSRP - 66,545
    Final Neg. Price (including March 1500 rebate, USAA 500, Dealer "discount) - 61,650 (invoice 61,780)

    Residual - 62%
    miles - 12K
    MF - .001290

    I don't have total monthly yet. Does this sound like a good deal? Dealer tried to give me a MF of .00170, but I talked them down.

    Thanks
  • onetimer1onetimer1 Member Posts: 2
    Colorado
    535 xi - Imperial Blue
    M Sport
    Cold Weather
    Premium
    Driver Assistance
    Navigation
    MSRP - 66,545
    Neg Price (with USAA 500, March Rebate 1500, Dealer "discount") - 61,650
    invoice - 61,780

    Residual - 62%
    MF -.00129 (they came at me with .0017, I talked them down to the April rate - I penned this deal 3/31/13)
    Miles - 12K

    Thanks!
  • sjeedsjeed Member Posts: 120
    Try Greg @ Pacific BMW in Glendale. He's done right by me several times over.
  • donmonopolydonmonopoly Member Posts: 26
    edited April 2013
    Here is the deal I have been offered. Any feedback would be appreciated.

    Car: 535i 2013
    Term: 36 month X 15K miles
    MSRP: $61,045
    Invoice:$56,445 (Jet Black, M Sport, Premium, Navigation, Parking Distance Control)
    Payment with 6% Tax: $715

    Due at signing: $2200 (First payment $715, Bank fee $599, Dealer Fee $925, Tag $250)
    **This includes forgiving 3 out of my 4 outstanding payments plus $500 first payment credit. I will still have to make my 4th payment ($650) on my current BMW which I have 500 miles left before I go over and is due back n 9/18. Thoughts?

    I feel I might be better off waiting another month so I don't have to eat that 4th payment. Granted RVs and MFs hold up and they continue to offer the pull forward program on 3 remaining payments.
  • nrwaynenrwayne Member Posts: 45
    My Infiniti M37x comes off lease in August. After having three Ms, I'm ready to get a five, two of which I had previously. But the timing seems less than optimal. I want a 2014 and wonder how long I would need to wait before what I suspect is higher pricing at the start of the model year will get down to "normal" levels. I have a second car and can wait if needed, but would prefer not to do so for a long time. Suggestions greatly appreciated.
  • berisky1berisky1 Member Posts: 20
    I was offerred the exact same deal in CA incl the 3 months of my present car, but it was a $65K msrp. You can do better.
  • berisky1berisky1 Member Posts: 20
    Center BMW.

    But I may start using a broker called Authority Auto. That way, I don't feel guilty getting the absolute best deal I can once I get to know the salesperson. (I'm not affiliated, just thinking about it)
  • donchardonchar Member Posts: 56
    edited May 2013
    Hi

    1) Has anyone managed to negotiate current advertised lease offers for better terms?

    2) What if exact lease program spec vehicle is not available, how will the lease program be modified ?

    For example current program running in SoCal:

    Well-equipped including features such as Executive Package (Comfort Access, Heads-up Display, Satellite Radio, Premium Hi-fi and more), Navigation, Xenon Headlights, Moonroof and Destination charges.
    $689*/month for 36 months. $750 Loyalty Cash included in payment.
    • $689 First months payment
    • $3,500 Down payment
    • $0 Security Deposit
    • $725 Acquisition fee
    • $4,914 Cash due at signing

    Thanks!
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