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BMW 5-Series Lease Questions
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Comments
The residual value for a lease of this car with only 12,000 miles per year would be 2% higher.
When negotiating your lease, make sure to take advantage of the $2,500 cash incentive and additional $1,500 cash incentive for loyal customers (if you are eligible for it) that are currently available on this model.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I'm in the market for a 528 or 535, and I'm not in a hurry to get one, but at the same time I dont want to loose the $2500 Holiday incentive BMW is offering now, Do you think BMW will lower the MF in January to get more aggressive or is this as it will get?
right now my dealer is offering the following to me:
All offers are with 36/10 $2000 total out of pocket
1. 2010 528i only option is VP $568 + Tax
2. 2010 528i Sport Pckg, VP, Xenon, $619 + Tax
3. 2010 535i Premium, Sport, $655 + Tax
Your thoughts
Thanks
RM
Thank you.
1. Calculate residual: 61% of MSRP. MSRP in your case is $48,100.
2. Figure capitalized cost: in your case the invoice price - the $4000 in bmw money + inception fees ($825?). There may be other items you'd want to put in there but that's a good start (I assume no down payment).
3. 2 - 1 is your depreciation, divide by 36 to get amount of depreciation per month.
4. Take (1 + 2) X .0025 to get your monthly finance charge.
5. Add 3 & 4 to get your pretax payment per month. Depending on where you lease you may need to pay the Sales Tax upfront or you can add it per month to the payment.
There are a few other wrinkles but that should be about it (at least you can get an idea).
HTH (unless I'm wrong, in which case I would welcome any corrections).
thank you
I've being negotiating with my local Dealer (miami Fl) for a few weeks, and this are the best numbers so far:
2010 528i with Premium Package
MSRP $47575
Selling price $42500
61% residual
.00245 MF
36/10
2000 total money out of pocket
$549 + Tax ($588 with tax)
what do you guys think??
Dealer is telling me this are the rock bottom numbers.
BMW in my opinion give buyers some of the best options for leasing. You need to focus on reducing the cost of the vehicle and keep pounding on them to lower it. Once you have achieved this goal, then tell them you want to buy down the money factor. It will reduce your cost even further, plus you get the money back or roll it over to your next lease if you lease another car with a BMW.
Good luck, BMW is wheeling and dealing right now IMO. I was seriously thinking about downgrading from my current 530 due to the economy and current lease prices but I couldn't walk away from the offer they made me for the 535.
Would you mind letting me know the price you paid and MF you got.I am looking for a 528i with VP only.Also the dealer in NYC you went to.I would really appreciate that.Thanks.
A 335i and a GL450 Good experience both times.
I was given $1k in cash to take the 335 and $2500 to take the GL.
Your guy has it backwards.
Who is the dealer in Miami you are dealing with? Trying to lease the same car up in palm beach county but could go down to Miami.
In addition, the selling price (to calculate capitalized cost) and money factor also play important role. Let's say someone got a lease with 0.00095 money factor, that lease, with lower payment, may be more attractive than a new lease with 0.0025 money factor. Then there may be refundable MSD (multiple security deposit), which the original leasee will definitely want it back.
Therefore, it is possible to PAY the original leasee to take over his/her lease.
.
Can you tell me more about "'buying down the money factor"? I think BMW's MF is ridiculously high right now (0.00280) in San Diego, CA. You mentioned that the money used to buy down the rate is refundable or you can roll it over??? Tell me more about how exactly that works....please!!! Thank you!!
I am negotiating for the lease of a 2010 528i with M-Sport, Premium, Cold Weather, Sirius, Nav for MSRP $55,320. The dealer provided the following: 61% residual for 36 months with 10k/year (that's all I need) and money factor of .00285. The money factor seems to be high given other posts. They said that there is $2500 from BMW but they said I cannot get the $1,500 loyalty even though I leased a 2006 330i from BMWFS because I bought out the lease more than 6 months ago.
Can I get the $1500 Loyalty?
Can you confirm the MF- seems like they are marking it up.
Is it reasonable to start at invoice less $4000 ($2500 and the $1500)?
Thanks in advance. You helped me get a phenomenal deal on my MB GL320 lease- thanks for that too.
Price: $50,987.20
term: 36 mos
MF: .00250
residual: .60
Initial payment: $6,623.99
residual: $31,065.00
PMT: $682.83
The car comes with Premium package, Value package, and Navigation.
this includes the $2,500 incentive only.
Can I do better?
Price: $50,987.20
MSRP: 51,775.00
and no break down on the $6,623.99 but says everything is included. This is for 12K miles per year. He says that the loyalty is for previous X5 owners. I'm checking some other dealers....
here are the facts:
2010 528xi premium and value package, navigation, satellite radio and park distance control.
MSRP $53,120
mthly payment $648
nothing down total payout $1895.75
unfortnately i don't have the $ factors yet..any intial thoughts would be welcomed
thank you
new comer!
Will BMW offer same type of deep discounts in the next 30-120 days?
Also, I am not sure BMW made the 535 in 2007. I believe that it came out in the 2008 model year.
msrp $53,100.00 value and premium package w/nav. 525 xi 2010
long journey from $1900 down and $689.00 a week ago...is there any fat left to trim?
I am going from a '08 328i convertible lease to a new 528xi lease. Are there any money from my old lease that I can carry to my new lease? When I looked in my BMW FS account online, security deposit says $0, so does that mean I have nothing to carry over? Please let me know....
Thank you.
What are the requirements to qualify for the $1500 Loyalty incentive for a 5 series? As per local dealer, you have to move from a 5 series to a 5 series lease. Is that true? Thx
Is there an official BMW site where it can be verified?
i live in philadelphia, PA (2.0% sales tax in phila.) should i pull the trigger...?
i'm also looking at swapalease but not sure if my local tax ofc here in dallas is going to ask me for a few grand in sales tax when i go to register the car.
Does $1,895 includes 1st month payment and monthly payment of $609 includes the tax?
Could you please confirm your deal? Thank you
WANNA KNOW IF THIS IS A GOOD DEAL.
2010 BMW 528i
Deep Sea Blue Metallic
Creambeige/Bllack Dakota Leather
ZPP - Premium Package
ZVP - Value Package
205 - STEPTRONIC automatic trans.
438 - Dark Poplar Wood trim
With first payment due of $615 at signing, you would have 35 more payments on a 3 year lease at 10k miles per year.
Msrp:$47.575
Selling Price:$45.150
Lease Cash $4000 ($1500 Owner Loyalty, $2500 Rebate used as down payment)
------------------------------
DMV Fees $70.75
3% Va Tax $1,354.50
Doc Fee $99.00
36 months/10k miles/$612.02 payment with a money factor of .00285, and a residual of 61%. Capitolized Cost :$43.602.
Absolutely love the car - I graduated up from a 2008 528. The sports package coupled with the sports auto transmission makes this such a fun car to drove.
Did you lease or buy? What was the msrp and what was your cap cost used for the lease or the final negociated price of the car?
Thanks in advance for your reply and if anyone here has leased a similar car, please share your details. I am located in Central NJ.
Thank you for your help. Always learn something!