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BMW 5-Series Lease Questions

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Comments

  • konacougkonacoug Kailua-KonaPosts: 196

    Well, the MSD number is correct at $500 per MSD. I am guessing the upfront taxes are rather large. Can you break down the balance of the drive offs? It would be much easier to evaluate.

  • ophaopha Posts: 3

    The breakdown of drive off excl 7MSD: 1st month 490, title/registration fee 265, sales tax 1630, acq fee 725, doc fee 350 for total $3460.

    I don't know MF, but 36m/10k residual is 63% for 528xi

  • Is this a good deal on a 2014 535xdrive luxury line mineral white

    MSRP: $66230 CapRed: 10% = $59k 36 month lease 12k miles MF: .00170 (last month .00125) Residual: 60% Pay TTF ($3500) out of pocket $740 / month

    I hear the mf is actually high on this should be closer to .00135.

    Also do you recommend rolling in the tax and title, fees etc.? What should one pay for the fees? Can you negotiate these fees? I'm in VA

    Thanks everyone.

  • e325rkhe325rkh Posts: 65

    Hello. Do you have the current MF and Residuals for 36 and 39 months (10k)? I need this for a 535 X Drive and a 550 X Drive. I have 6 months left on my Infiniti lease. Do you anticipate better deals/support at the end of the quarter (Q1 or Q2)?

    Thanks in advance.

  • konacougkonacoug Kailua-KonaPosts: 196

    @xhlar8cf said:
    Is this a good deal on a 2014 535xdrive luxury line mineral white

    MSRP: $66230 CapRed: 10% = $59k 36 month lease 12k miles MF: .00170 (last month .00125) Residual: 60% Pay TTF ($3500) out of pocket $740 / month

    I hear the mf is actually high on this should be closer to .00135.

    Also do you recommend rolling in the tax and title, fees etc.? What should one pay for the fees? Can you negotiate these fees? I'm in VA

    Thanks everyone.

    Really crappy deal!! The dealer max marked up the money factor from the base of .00130. The base acquisition fee is $725, I have no idea on what other fees you have.... I recommend you pay your drive offs, first months lease payment, dmv, $725 acquisition fee. I also recommend you consider doing multiple security deposits. For each MSd you put down it lowers the money factor by .0007, with a max allowed of 7 MSD's for a total reduction of .00049. However, you need to get the base money factor rate and make sure they haven't added BS charges, like nitrogen in the tires and other crap. Send out emails to the internet depts. of the local dealers, with your build requirements. Stay out of the dealerships, until you are ready to make a deal and all of the fees have been itemized.

  • konacougkonacoug Kailua-KonaPosts: 196

    @e325rkh said:
    Hello. Do you have the current MF and Residuals for 36 and 39 months (10k)? I need this for a 535 X Drive and a 550 X Drive. I have 6 months left on my Infiniti lease. Do you anticipate better deals/support at the end of the quarter (Q1 or Q2)?

    Thanks in advance.

    Last summer in So Cal, the deals were pretty good, high residual, low money factor, plus 1K build out credit and either loyalty or conquest cash. One never knows for sure....always make a deal at the end of the month, whenever you want to deal. Also, check out the MSD program for BMW. saves you a lot on the money factor interest.

  • e325rkhe325rkh Posts: 65

    Thank you, konacoug. I was looking at a 2014 550 X Drive M-Sport this weekend in NY (LI). I really liked it and wanted to pull the trigger, however, I think I can do better if I wait until June. Anyway, here is their deal FYI:

    2014 550 xDrive

    MSRP: $77,325 (M-Sport, Executive, Cold Weather, Driver Assistance Plus)
    Invoice: $71,115
    Cap Cost: $70,032 (includes $500 option credit)
    36 months / 10K miles per year / Sign and Drive
    60% Residual / .00130 MF

    $875 per month (includes NYS 8.625% tax), Only 1st month due at signing (includes $1,000 drive-off credit)

    I am looking to get it to about $650 per month (39 months would be optimal), hoping for eventual BMWFS support on the residual/MF. I really have until July when I have to return my current lease.

  • konacougkonacoug Kailua-KonaPosts: 196

    I think that waiting is probably is a good idea till summer. As the model year gets older, BMW NA incentives usually go up. However, hard to predict what the money factor could do....if you lease in NY, no MSD's allowed. However, you could go to NJ and lease there. I don't know if it is possible to get all the way down to $650 per month on your model and build.

    Also, you might want to consider doing ED. I plan on doing ED, on my next BMW, not only for the savings, but the chance to take my wife to tour Europe.

  • e325rkhe325rkh Posts: 65
    Thanks again. I am in NY, no MSD's. I didn't think I could lease in Jersey and do MSD's with the car being registered in NY.
  • konacougkonacoug Kailua-KonaPosts: 196

    I have read many instances of op's leasing in NJ and doing the MSD's. If you inquire of dealers in NJ, they could answer that for you. I have read of recommended CA's in NJ on Bimmerfest, I recommend you check out the threads there.

  • steverstever Posts: 52,571
    edited January 2014

    Please visit the 2014 BMW 5 Series Lease Questions discussion for current 2014 model year lease questions.

This discussion has been closed.