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BMW 5-Series Lease Questions



  • jjrnjjjrnj Posts: 13
    forfeited my $500 security from my old x3. was told was in lieu of miles and damages. i was under the impression that the pull ahead involved the dealership and bmwfs agreeing on a buyout. that's what i read on bimmerfest. does that make sense?
  • ktx968ktx968 Posts: 5
    hi Car_man,
    Can you tell me what the money factor is for a 2010 550i euro delivery?
    I am looking at a 36 month lease with 15K miles per year. The salesperson is telling me that BMW finance dictates a higher euro delivery money factor than the 0.00175. Is that true? Is this negotiable?

    Also, what is the lowest euro delivery money factor for a 2010 M5, with the same lease terms?
    thanks for your help,
  • bmw530ownerbmw530owner Posts: 16
    CARMAN do you know whether a BMW dealership can waive the extra miles and damage cost?
  • briandcbriandc Posts: 9
    Hi - this was the quote I received on an 2009 535ix that has 3,600 miles on it. Can you point out where they are screwing me. Thanks

    MSRP: $61,845
    Cap Cost (or sales price): $58,000 (so he took $3,845 off the MSRP for a car with 3,600 miles on it)
    BMW Rebate: $2,500
    Buyer cap reduction: $3,500
    Net cap cost of the car is $52,000
    Money Factor is .00195
    36 month lease
    10,000 Miles per year
    Residual $37,725 (61% of the MSRP)

    In addition to the $3,500 cap cost reduction, I am also paying the following:
    $650 sec deposit
    $637.54 1st payment
    $925 Acq Fee
    $220 Doc fee
    $500 up front tax (not sure what this is yet)
    Total buyer cost of $6,432.54 to drive off

    It looks like my monthly payments should only be $572.00 + tax (but he quoted me $595 + tax

    Thanks for your help and advice!
  • smithsongasmithsonga Posts: 123
    the discount for a 'used' car that happens to be not titled seems poor.
    I would not put $3,500 down
    Acq fee is too high
    doc fee is bogus
    I assuming the upfront tax is the sales tax on the cap reduction.
  • bglickmanbglickman Posts: 7
    Per the BMWFS program, the money factor should be .00175, though the dealer can mark this up, and it looks like they have, to .00195.

    The acquisition fee is set at $725.00, though the dealer can also mark this up to $925.00, which it seems they have, too.
  • kevin530kevin530 Posts: 25
    Gotta say, all this discussion about leasing is making my head hurt. Acquisition fees, doc fees, residual value, net cap cost, buyer cap, security deposits - my god, how would anyone know what they are signing. All this and ONLY 10,000 miles a year. I commute 40 miles a day total and with pleasure driving I would over that limit in about 7 months. Can't fault anyone for wanting to possess the ultimate driving machine but the discussion here drives home the financial adage that leasing was developed for those who can't really afford the cars they want to drive. Lessee beware is my advise, if anyone cares.
  • ipipip316ipipip316 Posts: 14
    Hi Carman:

    Got a quote from my current bmw dealer in NJ. My x3 will be end on july 30, 09. dealer offer me to take back my x3 now and exchange a 528xi.

    Dealer quoted me:
    528xi with prem package, cold weather, navi and bi-xeon head light.
    10K per year
    $2500 out of pocket which including tax and reg fee and 1st month payment
    monthly payment is $590.00 as dealer said.

    Is it a good deal? Dealer said the $2500.00 already including the deal and i don't have to make the last 2 payment on my X3.

    Please advise.
  • chriscarchriscar Posts: 2
    Would appreciate comments on this deal. I'm coming out of a 2007 X3 lease and have (2) months left. In addition to the below, the dealership is also paying my last two payments on my X3 of $497 each ($994.04).

    2009 528i - $45,800
    ZPP Premium - $2,400
    522 Xenon - $900
    609 Navigation - $1,900
    6AB iPOD/USB - $400
    Destination Charge: $825
    MSRP: $52,225

    Residual 60% ($31,335)
    MF: .00175
    Term: 36 months / 12,000 miles

    - No down payment
    - No security deposits

    Discounts: $1,200
    Lease Cash for 2009 5-Series: $2,500
    Incentive for current X3 owners/lessee's: $1,500
    Capped fees: $1,474
    Adjusted Cap Cost: $48,499

    Payment with Tax: $653.47
    Up-front fees: $302.49
    Rebate Tax: $240

    Drive off: $1,213.96

    Not included in the deal is the $1,000 rebate I would receive from the BMWCCA if I leased this car.
  • bmw530ownerbmw530owner Posts: 16
    On top of the lease rebate, if you are only getting $1500.
    The fair market value should be $500 above invoice. And I heard BMW of Morovia in Southern California is selling at invoice prices on selected models over the Memorial Day Weekend
  • xbimmer3xbimmer3 Posts: 1
    Hello All,
    Any advice would help......
    I'm looking at a 3 year lease/ 15K year in the Metro Boston Area.The MSRP is around $58,570. What should I expect for Monthly Lease Payments?
    I heard that BMW is not promoting leases due to residual values??

  • topgun26topgun26 Posts: 16
    Any thoughts on this offer:
    2010 bmw 535xi
    Options- m sport, comfort access, park distance, nav, heated rear seats, value package, fold rearseats
    Msrp- $63
    Lease is $809 for 3 years and 12k miles per year. Only thing not included in price is tax. Which in by comes to 70 a month.
  • jimbonycjimbonyc Posts: 5
    Car Man:

    I am looking at a 2007 530xi wagon. Does it make any sense to lease or do you get hammered on the MF and residual? Do you know what the MF and residual would be for this CPO car?

  • hotmealhotmeal Posts: 4
    Hi Car Man

    My x3 expires on lease in July. I learned the "pull ahead" program from BMW. My original dealer gave me a bad deal, so I was checking around This is what I got:

    2009 528i Xdrive
    MSRP $52875
    15K per year
    Out of Pocket $1,000 (including 1st payment)
    Monthly payment (including tax) =$606.

    I tried to negotiate it down to $575 per month and the dealer won't budge.
    They told me that they already "loosing" money for $400. What do you think?
  • chriscarchriscar Posts: 2
    Is the dealership paying your last two payments on your X3?

    What are the rest of the numbers? With the numbers you have given, I cannot come up with a payment that matches, unless the Adjusted Cap Cost (Selling price of the vehicle including options) is about $400 - $600 BELOW invoice.

    Money Factor?
    Number of Years for the lease?
    Adjusted Cap Cost (Selling price of the vehicle including options)?

    Currently, there is $2,500 in Lease Cash for 2009 5 Series, as well as a $1,500 Loyalty Rebate for current X3 owners/lessees. However, you have to act fast, these offers expire June 1, 2009.

    Also, don't negotiate the monthly payment; instead, negotiate the mark-up of the car OVER the invoice price. Invoice prices for the 2009 5 Series can be found here:
  • hotmealhotmeal Posts: 4
    Thanks chriscar,

    Yes, the dealer applies $1500 towards my X3 lease. I can walk out with no penalty.

    The car has premium package, cold package, I Pod & USB and Xenon lights, with MSRP of $52875. The dealer applied $2,500 in Lease Cash and $1,500 Loyalty Rebate for X3.

    It is a three year lease with 15K per year with $1,000 out of pocket (1st month payment & registration & doc fee) and no other money down.

    Accoring to my calculation using a lease calculator, the adjusted cap cost had to be $46,460, depreciation $17,215 and a money factor about 0.0110 in order to meet the $606 monthly figure.

    However, I don't believe that the dealer is loosing money and they won't budge to give me the $575 monthly payment that I wanted. I'm still pondering....
  • Hi, all
    I am the first time to lease BMW. I found a demo of 528i 2009 with the package of:
    MSRP: 45,800
    ZPP Premium Package 2,400
    ZSP Sport Package 2,900
    416 Power rear sun shade
    465 Fold down rear seats
    494 heated front seats
    508 Park distance control
    522 Xenon headlights
    6FL Ipod and USB adapter
    Net total: 54,700
    Destination charge: 825
    Total Suggested Price: $55,525
    Mileage: 7,600
    Lease for 36 months with 1,000/month
    monthly payment: $549.47
    payments out of door: first payment: 549.47
    last payment of $550
    bank fee: 725
    Tax: $278.16
    Total out of door: $2102.63.

    Can anyone let me know if this is a good deal?
    Thanks for your feedback.

  • drgumsdrgums Posts: 51
    Does the $549 monthly include the tax?

    What is the selling price?
  • smopartsmopart Posts: 5
    Leased a 2009 535 with Space Grey exterior and Dakota grey interior. It was a demo with 4000 miles. Bought it in Dallas, Texas. It had the following upgrades


    Paid only $500 down and lease price is $719/month for 3 years with 12,000 miles/year

    Upfront payment was $500 down +1st month payment = $1219

    2009 models are scarce but great deals can be had.

    The dealer in Arlington was great. Experience in Plano at Classic BMW was awful Manager was a jerk
  • selling price: $44700
    buyback price: $31187
    including $2,500 cash back.
    Is it good deal?
  • Yes, $549 including the tax.
    $499 without tax.
  • bmwfan53bmwfan53 Posts: 35
    I am also looking for the same deal. I agree that the people at Classic are a joke and I have not yet been to Plano. Who did you deal with in Arlington?
  • smopartsmopart Posts: 5
    I worked with Dextral and the sales manager was Richy. Both were very flexible and friendly. No pressure and they really tried to work with me.
  • bmwfan53bmwfan53 Posts: 35
    What was your MSRP, CAP Cost, Money factor, residual Etc?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bglickman. BMW Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2009 535i with 10,000 miles per year are .00225 and 52%, respectively.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome, bmw530owner.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi ktx968. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 550i with 15,000 miles per year .00155 and 57%, respectively. The numbers for an otherwise identical lease of a 2010 M5 are .00175 and 55%.

    I have heard anecdotally from other community members that dealers have tried to charge them a higher than normal money factor for vehicles delivered using the European Delivery program, but I do not know what BMW's official policy is on this matter. This may just be dealers trying to use Euro delivery as an excuse to mark money factors up.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bmw530owner. I have heard of BMW lessees getting BMW Financial Services to waive excess mileage and / or excess wear and tear charges for current lessees who agree to lease a new BMW.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi ipipip316. I have heard that BMW is running an official early lease termination on the X3, so the fact that you are getting out of yours early should not have any impact upon your ability to get a good deal on the new 5 that you are considering.

    The easiest way for me to evaluate this deal would be for me to take a look at what this car's selling price is in relation to its full MSRP. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are being given. Let us know what they are and I am sure that either myself or another helpful community member will be happy to give you their opinion on this deal.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi jimbonyc. BMW is one of the few manufacturers that provides support on CPO leases from time to time, but generally speaking one has to be careful when leasing a used vehicle. The lack of lease support on them compared to new vehicles often makes leasing one as expensive as...or even more expensive than leasing an equivalent brand new model.

    Unfortunately, given its lack of popularity and the large number of variables associated with them, I do not personally keep tabs on manufacturers' used vehicle lease programs.

    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.