2014 BMW 5-Series Lease Questions

Michaell

cabmw335 said:

I'm looking for a 535i lease and have a few questions. My credit score is above 800 and assuming I get the the buy rate on money factor, here are my questions: If I get the buy rate, can I still use MSDs to lower the monthly payments? Or, are the MSDs only to lower the money factor? Is there a max for MSDs? What are the out of pocket costs I can't avoid when leasing a new BMW? Does/can the dealer discount their "processing" fee? Is there a site recommended to use get quotes from multiple dealers, or best to email directly? Thanks for your time and help in advance, appreciate it.

With BMW you can use MSD to buy down the base MF. Lowering the MF does lower the payment. 

Max 7 MSDs allowed for BMW each of which reduce the MF .00007. 

First payment, bank fee, dealer fee and state/local tag or license fees are usually due at signing. 

cabmw335

Thanks for the explanation. A few more questions:

What is a normal dealer/bank fee and is it negotiable?

What is the general max percentage discount from MSRP?

Are there any loyalty discounts currently?

Thanks again for your time and help in advance.

Michaell

cabmw335 said:

Thanks for the explanation. A few more questions:

What is a normal dealer/bank fee and is it negotiable?

What is the general max percentage discount from MSRP?

Are there any loyalty discounts currently?

Thanks again for your time and help in advance.

Base bank fee from BMW is $795 ... but the dealer can mark that up.

Generally, 5-7% off sticker is a good target price.

Cannot help you with loyalty or conquest incentives .. use the "car research" tab at the top of the page to link to what Edmunds shows.

cabmw335

Thanks for your help.

princeison

Hi I'm looking for a 535i xdrive or 535 diesel xdrive around 70k MSRP in NY tri-state area. If I am in the top credit tier, are there any discounts to each model? I am also coming from a MB E class. I am looking for 24 months and am open to mileage from 12-15k. I anticipate around this price around 600/monthly with taxes (8.875%), first month, DMV, delivery fee upfront, in total about $2700. No cap cost.

Also are MSD applicable to NY? I read on some forums / sites that NY does not allow MSD. Any help would greatly be appreciated, thank you.

kyfdx

princeison said:

Hi I'm looking for a 535i xdrive or 535 diesel xdrive around 70k MSRP in NY tri-state area. If I am in the top credit tier, are there any discounts to each model? I am also coming from a MB E class. I am looking for 24 months and am open to mileage from 12-15k. I anticipate around this price around 600/monthly with taxes (8.875%), first month, DMV, delivery fee upfront, in total about $2700. No cap cost.

Also are MSD applicable to NY? I read on some forums / sites that NY does not allow MSD. Any help would greatly be appreciated, thank you.

24 months is not a good term for a BMW lease..

MSDs are not allowed in NY.

Very, very doubtful you'll get a $70K 5-series to come in at $600/mo. (more like $800/mo.+, I think, and that's on a 36 month lease)

princeison

kyfdx,
Thank you for your quick response.

Claires

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