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BMW 5-Series Lease Questions
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Comments
Thank you!
Ben
i am trying to build a 2014 528xi on bmw website.
but i dont see the option of including technology package anymore. how do I select navigation system in my config now.
What is the main difference between 2013 vs 2014 model?
also do you know what is August money factor, residuals for 528xi.
36 months, 12k/yr.
do dealers in tri state area already have 2014 models in inventory.
Thanks,
Did the lease for 36 months with 12K per year. Only money out of pocket is first month, acquisition fee of $725 and DMV fees. I capped the taxes in the payments. Monthly payment of $691. The programs are terrible, but I am told that my deal can improve if the RV and MF improve in my favor or if BMW offers any rebates in Sept or Oct.
Any thoughts??
Must be a current owners of a BMW or have proof that you sold your BMW within the last 12 months.
when do you expect delivery of your call?
also, 2013 model had 64% residual for 12k/yr, 36 month lease. has this dropped to 61% now? did you check with multiple dealers in your area.
what is the money factor you got.
2013 models has MF of .00127.
is this the same or this has changed as well.
Carman - do you have August no. for 2014 models.
Thanks,
BMW is providing dealers a form of factory-to-dealer rebate that they call “Build-Out Cash” on many 2013 models and styles. This money can be used by dealers to promote sales or provide price discounts to customers — which is typically what happens.
Is this correct or is the dealer trying to make a few extra $'s somewhere.
I'm coming from a MB so no incentives....it looks like invoice is about 9% below MSRP....would $1000 over invoice be a reasonable offer for an ordered 535?
Could you please share me the August lease term for a 2013 535xi GT with 10K miles per year, 36 months? I am getting about $10K off the MSRP for the 535xi GT, so if the August residual are the same as July, it would make the lease a good deal. Very appreciated
Bill
All these quotes were in Florida today. Mf stayed at .0137 for all quotes.
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
What were the MF/Residual for July on the car.
macdad
I'm close on a few 2013 550i's (just deciding between colors and equipment). If my research is right, it looks like the terms for 3 yr/36k are 57% residual and MF of .00125, with another 2% on residual if I go down to 3 yr/30k miles. Soooo, the question is, what are the rebates/spiffs/dealer cash that's floating around for August? Did stuff carry over from July? Thanks for any help!!
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
Selling price - $46,775
money factor - .00119
residual - 62% (10,000 miles per year)
base payment - $481.26
payment total (OC tax rate) - $520.52
MSRP - $52,545
Drive off is 2,286.69
MSRP $67,345
Purchase Price $53,345 (includes eco credit, loyalty, build out, ultimate drive)
12k 36 mths
53% residual
.00121 MF
$635/monthly (includes tax)
$1346.09 drive off ( includes turn key)
MSRP $68,750
Purchase Price $61650 (Including Build out, ultimate drive)
12k 36 mths
59% residual ($40500)
$665/monthly (includes NJ tax, 7 MSDs applied)
$2250.09 drive off (Includes First Month, bank, Doc, and DMV fees)
How did I do?
Selling price - $46,775
money factor - .00119
residual - 62% (10,000 miles per year)
base payment - $481.26
payment total (OC tax rate) - $520.52
MSRP - $52,545
********************************************************************
$70 X 36 = $2520
Can you lower the price by $2500?
The money factor seems a little off... I think the base MF is .00125
Maybe they are marking it up? Are you using Multiple Security Deposits?
(how much is the acquisition fee? $725 is base... they might be marking that up a couple hundred dollars as well)
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And does it look like my is high? Others quoting it at .00127, I sent you ecpxactly what they wrote, what do I do next? THANK YOU, going in blind, no security deposits not sure what that is
If you are a current BMWFS customer, there is $1000 of loyalty cash available. It also looks like there might be $1500 of buildout cash to the dealer..
You are at $5800 under MSRP, now... and, I'm assuming all that cash has been taken into account... You can ask for more money off, but realistically, you probably can't get $2500 more..
The Multiple Security Deposit program allows for a money factor reduction for each extra security deposit you make, up to 7 deposits. It is a great program, if you have the extra cash sitting around. I've done it on my last two leases.
If you made the maximum deposit (7 X $550 = $3850), that would reduce your money factor to .00070, which would knock your payment down by about $42/mo., post tax... The MSDs are fully refundable, just like any other security deposit.
I don't really follow the pricing that closely... your deal looks pretty good, and $520/mo, all in, for a $52K vehicle is not bad...
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528 I with navigation and rear parking asst.
Msrp $52.545
Sell price $46.775
Acquisition fee?
Residual 62%
Money factor .00119
Doc fee$80
License reg $441.75
36 month lease
12,000 miles
Total payment $520
The base acquisition fee is $725. Dealers are permitted to mark it up by $200 max, for extra profit. AKA bank fee.
A cap cost reduction is just a downpayment. It lowers the payment, but in exchange for the money upfront. Better to keep the money in your pocket. If you have spare cash, the multiple security deposit program will lower your payment, and you get the deposit back at lease end.
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I need your advice whether I am getting a good deal on the following lease:
2013 535 MRSP $64625 (M Sport Package, Premium Package, Technology Package, Rear View Camers, Power Rear Sunshade, Heated Front Seats)
Sale Price $58595
Doc Fee $80
Acquisition Fee $725
License Fee $480
Cap Fee $29
Customer Cash $5500
Lease Term 36 Months
Rate/Money Factor 0.78
Residual 0.59
Residual Value $38128
Annual Miles 12000
Monthly Payment $569
Your help will be greatly appreciated! Thanks!