Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

5 series lease: is this a good deal

ProfessorTansProfessorTans Posts: 3
edited May 8 in BMW
Thanks moderators and other experts here,

$58,695 MSRP
$53,340 selling price (does not include lease incentive)
$3,500 lease incentive
60% residual ($35,217)
.00165 money factor

36 months
10,000 miles per year
$0 down
Taxes included
$610 per month

Live in WI; this is from Chicago area dealer on 530i xdrive with convenience package.

Is this a good deal?
Is there something else that I am missing?

thanks again.

Comments

  • MichaellMichaell ColoradoPosts: 124,199

    Thanks moderators and other experts here,

    $58,695 MSRP
    $53,340 selling price (does not include lease incentive)
    $3,500 lease incentive
    60% residual ($35,217)
    .00165 money factor

    36 months
    10,000 miles per year
    $0 down
    Taxes included
    $610 per month

    Live in WI; this is from Chicago area dealer on 530i xdrive with convenience package.

    Is this a good deal?
    Is there something else that I am missing?

    thanks again.

    $0 down, or $0 due at signing?

    What is the adjusted cap cost the dealer is using for that quote?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ProfessorTansProfessorTans Posts: 3
    Michael: thanks for replying. This is the email from dealer:

    “$0 meant no money to reduce the payment or cap cost reduction. For the due at lease signing, it would be the first months payment, $179.81 Illinois documentation fee and whatever the Wisconsin registration costs would be.” 

    Thanks
  • kyfdxkyfdx Posts: 130,432

    Michael: thanks for replying. This is the email from dealer:

    “$0 meant no money to reduce the payment or cap cost reduction. For the due at lease signing, it would be the first months payment, $179.81 Illinois documentation fee and whatever the Wisconsin registration costs would be.” 

    Thanks

    .00165 MF and 60% residual
    $2500 lease credit

    If I subtract the $3500, then add $925 acquisition fee, result is $574/mo+tax.
    That looks about right, if we include WI taxes.

    About 9% off before deducting incentives. No markups or garbage fees. Seems like a solid deal.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Here is another quote: 

    5 series, 530i xdrive, convenience package, and some other bells/whistles 

    MSRP 60545
    discount: 5950
    lease discount 3500
    Residual Value: 36327
    mf .00165
    amount due at signing: 1342.15- includes 1st month payment and fees(which I don’t completely understand yet)
    36 months, 10k miles
    monthly payment: 611.35
    Live in WI.


    is this a good deal?
    what am I missing?
    do others here recommend excess wear and tear lease protection? Is there anything else that the dealer is likely to sell to me at time of signing that is worth it?

    thanks a lot

    Tans
  • MichaellMichaell ColoradoPosts: 124,199

    Here is another quote: 

    5 series, 530i xdrive, convenience package, and some other bells/whistles 

    MSRP 60545
    discount: 5950
    lease discount 3500
    Residual Value: 36327
    mf .00165
    amount due at signing: 1342.15- includes 1st month payment and fees(which I don’t completely understand yet)
    36 months, 10k miles
    monthly payment: 611.35
    Live in WI.


    is this a good deal?
    what am I missing?
    do others here recommend excess wear and tear lease protection? Is there anything else that the dealer is likely to sell to me at time of signing that is worth it?

    thanks a lot

    Tans

    $582/mo plus tax, so in the ballpark again.

    Pass on the excess wear and tear.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Need an expert opinion

    Ordered a 2020 M550 (Chicago) on a 36 month lease/12k miles/Zero down. Excellent credit BMW Super Elite.

    MSRP: 92,885

    Discount: 6,966 (7.5%)

    Selling Price: 85,918

    Taxes: 6,029

    Fees: 400

    Money Factor: .001725

    Payment: 1,215

    No incentives out on the 2020 yet. Was this a good or bad deal? Spoke with several dealers and this was the best I could find. Other dealers did not offer more than a 3% discount.

  • MichaellMichaell ColoradoPosts: 124,199

    We do not show any lease programs from BMWFS on the 2020 5-series for June.

    If the dealer is using a 3rd party bank, we won't have that information.

    Guess that's the best you can do.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 130,432

    Money factors generally only go out to five digits. Is that the actual money factor they gave you?

    That tax number wouldn't be for a lease. Looks like the tax on a straight purchase. Is this a lease, or some sort of balloon plan?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Dpb5031Dpb5031 FLPosts: 3
    Looking for MF and residual on 530i and 540i in 33458 (FL). Also, what percent discount off of MSRP should be expected on a 530i dealer demo/loaner with ~3500 miles? TY
  • kyfdxkyfdx Posts: 130,432
    Dpb5031 said:

    Looking for MF and residual on 530i and 540i in 33458 (FL). Also, what percent discount off of MSRP should be expected on a 530i dealer demo/loaner with ~3500 miles? TY

    What term and mileage allowance?

    12%-15% off MSRP minus incentives, at the least.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • cmack45cmack45 Posts: 29
    edited July 30
    Question about a lease quote:

    Zip code: 30319
    2019 540i - 120 miles on odometer
    36 / 10 K
    MSRP: 61,535
    Discount: 7,783
    Rebate: 5,250
    Sales Price Sub Total: 48,502.00
    GATAVT: 1560.61
    Tag and Title Fees: 743.00

    MF: .00145, bought using 7 MSDs, final MF .00010

    Monthly payment: $490 before MSDs, $458 after MSDs

    This feels like a good deal, but I wanted to check with an expert. Good deal?

    Dealership said BMW rebate & loyalty discount do not stack with corporate fleet (JP Morgan Chase), is that true? They said that you have to choose one or the other.

    Thanks,
    Carl
  • kyfdxkyfdx Posts: 130,432
    cmack45 said:

    Question about a lease quote:

    Zip code: 30319
    2019 540i - 120 miles on odometer
    36 / 10 K
    MSRP: 61,535
    Discount: 7,783
    Rebate: 5,250
    Sales Price Sub Total: 48,502.00
    GATAVT: 1560.61
    Tag and Title Fees: 743.00

    MF: .00145, bought using 7 MSDs, final MF .00010

    Monthly payment: $490 before MSDs, $458 after MSDs

    This feels like a good deal, but I wanted to check with an expert. Good deal?

    Dealership said BMW rebate & loyalty discount do not stack with corporate fleet (JP Morgan Chase), is that true? They said that you have to choose one or the other.

    Thanks,
    Carl

    No info on fleet. 120 miles is not going to affect your deal, one way or the other

    What is the amount Due at Signing (without and with MSDs)?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.