2014 BMW 5-Series Lease Questions

Kirstie_H

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jgav

I am considering a lease of a 5 series and would appreciate feedback as to whether I am getting a great deal or not.

2014 535xi
jet black
Mocha Nappa leather
Cold weather package
Driver assistance package
Lighting Package
M sport
Premium Pack
M sport Package
concierge services
suggested price including $995 destination charge ——>$67,875.00

36 months, 15K a year. rubber mats included. Aprox $3,400 drive off. including first month, registration, taxes, aquistion fee, Monthly payment.. $795.00 Dealer is in N.Y. , I was told this is the best deal he can do, no more room. Very nice salesman so I tend to believe him. Is it possible to do better? Thank you in advance for any comments.

richneedsaleas

Right, Bad deal.

Nov numbers are way better. WW BMW offering the following in their ad, and you can always do better than the ad...
$379/mo 36 months
$4k oop
xdrive
2014
Tech package
Camera
Heated Seats
Navi

bmwforever1

Hi Carman, What is the MF and residual for 2014 M5 for 10K miles and 3 years Thanks

kyfdx

.00125 MF and 58% residual

ak48

Where is ad at WW BMW ?

I was there earlier in the wk and they gave me this option:

2014 528xi
My Price: $51,500
Msport
Heated Seats
PDC
Rear Camera
10k
$589
1st month, DMV, bank fee - OOP

Is this a good deal?

konacoug

You need to provide more info. What is the MSRP, the Invoice, the money factor, the residual %, acquisition fee, tax rate?? What incentives and rebates are you getting?

It would be very helpful, if you take the time to read about BMW leases. There is a wealth of information on these forums. All of the above components factor into the lease.

ik71

BMW of Manhattan?

bmwforever1

Thanks

firstlease01

Hi,
I just picked up my car (2014 528xi) today from BMW of Freehold in NJ. So wanted to share the exact lease details with this group. I negotiated everything over phone/email prior to going in. It was a very good experience - i was in and out of the dealership in less than 2hrs. Couple other BMW dealerships in central NJ were willing to match this deal as well.

BTW - i purchased a DIY report from insidecarbuying.com prior to start talking to sales guys. That was a huge help. Otherwise, I would have easily ended up paying at $100/month. It is only $99. I highly recommend it.

My lease details below-

MSRP - $58,075. (Alpine white, premium pkg, cold weather pkg, drivers assistanc e pkg, )
Sale price - $49,774
Residual Value -61% (36 months,12k/yr)
Money factor - .00076 (with 7 MSD)
Monthly payment - $499/month.
Total due at signing - $5575

This includes
First month payment - $499
Lease acquisition fees - $725
Doc fees - $360
DMV fees - $310
Cap cost reduction -$170 (this is to get payment below $500/month).
Upfront taxes (on cap cost reduction) $11
7 MSDs of $3500. ( $500 each)

Hope this helps everybody.

Moderators - hope it is ok to post the name of the dealership. I know i cant post the name of the salesperson I worked with.

Thanks

robrtgolf

Hello Kyfdx and everybody else,

After hard negotiations with 2 dealers in the Miami Fl. area I think I found a great deal on a 2014 M5. Here are the deal details on the lease I'm getting:

Car specs:
MSRP $110,925
White with Shakir orange interior
Extended full merino leather
LED headlights
Executive Package
20" wheels
Drivers Assistance package
Bang and Olufsen stereo

Lease details:
MSRP $110925
Selling price $103390
Money at signing $2700
36 month / 10,000 miles
Payment $1,294 + 7% tax ($1,385 tax in)
Money Factor .00125 ... Tier 1
Residual 58%
**dealer is including in the payment the tire protection package which has a $1500 cost.
I took advantage of the $1000 holiday credit and $1000 loyalty.

Kyfdx and everyone else....What do you think about this deal? Should I try to push for more or should I just pull the trigger?.

Your comments will be appreciated.

Thanks

RM

kyfdx

I think 7% off MSRP on a 2014 M5 is probably pretty darn good... not that I've ever shopped in that price range.. ;-)

The lease payment is right on the money, using the base money factor, so no markups..

Not sure how much lower you could go... You could knock off $82/mo, pre-tax by doing 7 MSDs, but that's $9K-$10K extra upfront... (which you get back at lease end)..

Good luck!

lars1281

The prices quote are less than the invoice? Can you really get a new 2014 528xi with an msrp of $58k for $50k?

infinitimn

Please share the details of your deal. $1,000 option credit is available to everyone. Did you have loyalty, turnkey, anything else?

bluffmate

Adding 2014 ActiveHybrid5 to the mix. I am always ONLY into leasing so I think in terms of monthly payments (with zero down). The payment per month on it is same as 2014 528i since there is a $4500 eco credit which drops the payment on the car by $120 per month with it's current residual of 55% for a 12k mile/ 36 month tenure. Gas mileage is similar to a 528i. The power is great - phenomenal actually (I drove a 2013 AH5 for about 2 weeks - exchanged with a friend). The trunk is about 30 percent smaller than other 5 series but it still quite enough IMHO. Only drawback is that you can not fold down the rear seats for additional occasional hauling. Plus, the badge looks much classy than any other 5 series badges.

On Nov 12th, my brother in law leased a 2014 AH5 so this is very fresh in my memory. We also ran the numbers for 2014 535i so I know the AH5 made more sense than the 528 or AH5 numbers wise with 100% same options/line/etc. My bro in law got the discounts including loyalty and the turnkey (turnkey only impacts the first month payment and does not lower the overall monthly payment).

Here are the details:

2014 AH5
MSRP: $75675
Monthly payment: $630 plus sales tax
Cap reduction: $0
Doc fee: $0
Buy rate MF used and then reduced further by using 7 MSDs
Dealer was is Bay Area of California
If I remember correctly, cap cost was at $9xxx below invoice (this included ALL discounts apart from turnkey which was applied to first month payment).

If it matters, his credit score was about 830 with a very good income to liability ratio.

firstlease01

Hi,
this is my first BMW so no loyalty cash for me. I am not returning a BMW so turn-key credit for me either.

I didn't really negotiate on dealer incentives, coupons, credits etc. I used monthly payment to negotiate. I dont really care what options/credits/incentives the dealer is using or not using as long as he gets down the monthly payment to where I want.

that may not be the ideal way to do it but I am very happy with the deal I got in the end. so how I got there doesn't matter much.

Sales person and I agreed on (over the phone) $550/month with $1944 due at inception (first monthy payment, bank fees, DMV fees, and doc fees). but when I talked to the finance manager while I was there, idea of 7MSDs to get the monthly payment down by another $46/month seemed very appealing to it. couple of my friends already use the MSD program so I knew the basics pretty well. then he suggested I put $170 towards cap cost reduction to get my payment below $500 so that my MSDs come to 7 x 500 = $3500 instead of $3850. I did that too!!

that is how I ended up $499/month.
so I really don't know what all options/incentives/credits the dealer gave to me.

Hope this helps everybody.

firstlease01

Yes, it seems hard to believe but it is true.

I picked my 2014 528xi on Friday. MSRP - 58,074, Sale Price - $49,774.
14.3% off MSRP.
seems like another user cand1unc got an even better deal than me from the same dealer (BMW of Freehold, NJ).

you can get a better deal if you are an existing BMW customer as you can avail loyalty credit (I am not).

other dealers were willing to match/beat this deal too. so definitely there are dealer incentives out there which not many people are aware of. if you are paying at/over invoice, you are overpaying by at least $3000 in my opinion.

but it also depends on which state you are in. north east is full of BMW dealerships so customer get advantage of the tough competition. we have way too many options to choose from - NY, NJ, CT, PA, DE

Hope this helps.

jddssc121

Hi car man

can you post MF and residuals for a 2014 535 xDrive for both 12K and 15K miles @ 36 months? Do these expire Dec 1 or Jan 1? (i know last year the Nov sales support sheet said they were good until Jan 1)

Also, are there any other incentives beyond the 1K loyalty and 1K option credit? (don't qualify for turn key)

kyfdx

2014 535 xDrive 36mo, 15K/yr lease
.00125 MF and 57% residual. Add 2% for 12K/yr lease

The incentives you list are the only ones that I know of..
The numbers are good through January 2nd.

regards,
kyfdx

cand1unc

Did you have a trade in?

One of the questions I am having issues is this:
My trade in value was $23,000 but the dealer only used 17785 and the payoff was 15262- so he used 2523 for the 1st payment 562, NJ Tire 6.00 Doc 359, DMV- 304.50, Luxury Tax- 214.29, Sales tax 408.78, so then he said I would get back $5215 from the trade payoff.

My question is why did I get charged apprx $5800 at 7.00% NJ sales tax if my trade in value $23,000 exceeded the total payments 562x36= 20K.

Please advise

firstlease01

No. I did not have a trade in. I sold my car to a private party on Craigslist for the exact same reason that you mention.

I am so scared of going in to a dealership to buy a new car and trade in at the same time. That opens up so many avenues for the sales guy to make money off of me and I dont want to get a good deal on a new car but get dinged on the trade in.

My monthly payment of $499 includes the sales tax too. I didnt pay any tax upfront.

Your transaction sounds very complex to me. Cant help. Sorry

cand1unc

Wow then that is a SICK deal you got then for only $499, the sales tax for your deal is around $35-40 a month if financed into the lease. Did you explore trade in value at all? I've never sold a car privately.

tunafish24

Just heard that Dec incentives have started today. Do you have more details on that?

kyfdx

Haven't heard anything about new incentives....

cashismoney

Great deal on 2014 AH5 your BiL got - thx for your clear update.

2013 Active Hybrid 5 - leased 36 months 36000 miles $629 (zero - zero - zero - zero)

MSRP: $67200 (61200 base MSRP + about 6000 options including Destination) -- Purchase price $52300
Plus $1329 Tires and Wheels Protection 3-years package (T+W at cost; MSRP $1629)
Plus $329 Dent 3-years protection (at cost; MSRP $449)

Zero - Zero - Zero - Zero (except $4200 refundable MSDs to reduce Money factor; Sales Tax WAIVED by BMWFS too ! First-month payment + $300 DMV fees paid at signing).

With MSDs, $45/month saved;

Monthly payment: $629 (TX sales tax waived, using BMWFS tax credits)
Cap reduction: $0
Doc fee: $199
Buy rate MF used and then reduced further by using 7 MSDs -- 0.0076 (Total MSD Security Deposits: $4200; technically it should be $4550, got an extra break here; somehow the each deposit of $600 (rounded up to next $50 multiple based on $581 payment prior to adding the TW+dent packages at finance manager's office)

Dealer was is BMW of Dallas (Autonation franchise owned)
CreditScore: Equifax: 846 Trans: 850 Exp: 850-860)

Thought we got a killer deal of $540 on 2013 Mercedes Bezn E-350 4Matic ($62K MSRP) - in late June, end of model year; (zero - zero - zero - zero; truely zero security deposit, ie No MSDs used ! )

But this 2013 AH 5 (with MSRP $67200) -- seems to better the above Benz deal! Lovin both !!

gvitalik1

What are the rates for Dec for '14 535 xDrive for best term with 12k or 15k?

Thanks

bluffmate

Glad my post helped. Congrats! E350 and AH5 are both very good cars if the technology and drive appeal to you. I would not recommend anyone to buy a AH5 since the tech is not well established yet but leasing is cool.

Congrats again!

saranr

Hello Lars, What was your starting offer on this car? With BMW loyalty credit it appears invoice -$3500 might be doable...

cand1unc

Oh wow that is a sick deal on the E350, did you have a MB lease back or a true zero zero zero what dealer? I am in NJ, my father in law just got one $63K for $615, with 10K off sticker for 15K 36 mo and around $4K due upfront which included around $1900 in NJ & luxury tax

gerico

Helping a friend lease a 2014 550i xDrive
Looking for the current RV and MF's for a 10k, 12k and 15k lease.
Also, what incentives are being offered this month ?
He will be using the MSD's to get the lowest MF.

Thanks in advance !

edwardvivaldi

A Michigan dealer just offered me a 2014 535i xDrive with the following:
- $MSRP of $70,125
- Actual Price of $66,000
- $1,100 down for first month pmt, taxes, fees
- $786 Per Month
- 10K Miles Per Year
- I qualify for loyalty cash

Decent deal for a 2014? Any help or thoughts are much appreciated.

Thanks!

kyfdx

" please post 15K residuals for 535i & 550i & M5"

60%, 58% and 56%, respectively

$1500 Holiday cash and $1000 lease loyalty

regards,
kyfdx

kyfdx

"What are the rates for Dec for '14 535 xDrive "

36mo, 15K/yr lease
.00125 MF and 60% residual
Add 2% for 12K/yr

regards,
kyfdx

kyfdx

2014 550i xDrive 36mo, 15K/yr lease
.00125 MF and 58% residual
$1500 Holiday cash and $1000 lease loyalty
Add 2% for 12K/yr or 3% for 10K/yr

regards,
kyfdx

gerico

Thanks !

jasonb_88

I'm on the market for a 2014 528i that I would like to lease. I definitely need the M Sport Package, Premium Package, & Drivers Assistance Package. The one problem I have been having is finding the option to add the Cinnamon Brown Interior when building it online. Have they taken it out of the M Sports Package? Or do I need the dealer to do it for me?

In addition, I've been doing a lot of research with leasing from BMW. From what i understand, many stores right now are offering 60% residual value and a MF of 0.00125 on the 2014 528i with 15,000 miles/yr option for 36mths. Are those figures honored nationwide by BMW? If not, how do I negotiate to get it to around 3%?

Also, I've learned about the option of using Multiple Security Deposits (up to 7) which will allow me to reduce the MF to a max of 0.00049.

So basically if the sticker price is about 55,000 and I put down approx $5,000 in MSD's, plus another 4,000 as a regular deposit, in addition to reducing the sticker price with holiday & other incentives, my calculations are looking to pay approx $380-$420/month for the lease (I ultimately want to pay <$450/mth).

Please let me know if my information is wrong in any way, or if there is any other incentives/tactics I should use before I go into negotiate.

Thanks,
Jason B.

lexusbill

Jason, not sure what you meant by "3%"? also the MF and residual are set by BMW bank. but i am not sure if certain region in the USA is different than other due to market competition. doing the MSD is very wise, imho. I am comparing the 528/535 with MB E350. though BMW is not as aggressive on selling price as the MB. if you can get the MF so low, why put down another $4k as a reg drive off? as far as negotiation, just get several dealers quote via email and go from there. I just checked carsdirect.com, 528 is going for ~$7k off msrp due to $4k incentive. I prefer the 535i but the incentive is only 1500.

konacoug

Pretty hard to tell, without all the info...what is the MSRP, the Invoice price, the selling price? What also matters is...do you really want to keep your 3 year old car, that is entirely up to you. What would your old car be worth in 3 more years after you pay about 35K for it?

konacoug

jasonb_88 U agree with the above poster...it is always a bad idea to de cap the lease. All you are doing is paying the lease fee upfront, which leaves you vulnerable to loss of all the down payment money due to accident or theft. The MSD's are based on the monthly payment, ie, $450 equals 1 MSD. Finally, you really are not providing all of the info about the car, MSRP, Invoice, selling price and incentives. Always work from invoice as a base, not from payments, otherwise you are setting yourself up to be screwed.

sambo49

Thank you for your feedback and comments. Here is the info for the 2014 535xi, navigation, heated seats, leather, rear view camera, parking sensors.
Test drove it...smoother car, nice navi display, rear camera, parking sensors.
MSRP: $62025
Sale price: $58500 all included (4% tax, tags, fees,etc...)
36 months lease / 36k miles
$0 down, $679/ month

As for the 2011 535xi, edmunds projects $20000 value in 3 years! with $8000+/- in maintenance & repairs. Taking into consideration the difference in monthly payments, keeping it saves about $2000 after 3 years. Meh...I will just get the new one and get an all electric car in 3 years...maybe tesla or some other manufacturer would have a nice one for around $50k.

lexusbill

if anyone in socal/LA looking for a BMW, def look up George R at BMW Monrovia, internet mgr. I shopped over one week, got over 10 quotes, George was/is the best in every category, and came home in the car within 1.5 hr, including sign and detail. this is on a 2014 535i rwd.

ukrishnan

Thanks to everyone on this forum esp Kydfx who posted the lease details; I just purchased a 2014 535xi - luxury line, Cold weather and premium package - MSRP 65225 for 57500 plus tax/tags. 36k lease. 0 down. Residual factor 62%. Money factor 0.00125 with 7 MSD to bring it down to .00076; monthly payment is $680. This is in Baltimore, Md.

jddssc121

can you provide info for a 2014 535 Diesel xDrive? MF and residual for a 36 month lease?

kyfdx

.00125 MF and 60% residual for 36mo, 15K/yr lease

sambajones

Has anyone have experience with deals4lease.com aka dealslease.com in Great Neck, NY? Pricing seems too low to be legit. Looking to lease 528xi 2014. Quote is $429.00 0 down other than tax and reg. Free delivery to CT. I don't feel comfortable giving personal info on line or phone without being able to verify that company is above board.

konacoug

If it is too good to be true, it usually is.... I find it hard to believe that is a doable deal. but you are not providing any info about the car, MSRP, selling price, money factor, residual

kyfdx

Lease brokers seem to proliferate in NY, for some reason... maybe it's a cultural thing ("I have a guy"). A lot of them use independent banks, and lease-end terms might be onerous. I've never found value when inserting a 3rd party into a car deal.

jddssc121

Thanks for the info on the diesel. Did those #'s expire today (the 2nd) or are they good for all of January?

kyfdx

They expired on the 2nd.. New numbers start today, but it will be a few days before we get them.

jddssc121

thanks, when you can share the Feb #'s for diesel, please do . as well as what incentives/credits exist. thanks!

jasekro

Hi - can you please post the MF/residuals for 36 months/12k miles for these models? 335xi, 435xi, 535xi, 535d and 550xi? Thanks!