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BMW 5-Series Lease Questions
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Anybody have anything to share about this?
What would be the best leasing option for a 550 i with pp2, convenience package and sports package with $4000 down and good credit?
thanks
Zena.
Here is details:
2011 BMW 535i
Pricing: MSRP Invoice Base MSRP $50,475 $47,005
Jet Black Dakota Leather with Dark Wood Trim
Premium Package $1,800 $1,640
Premium Package 2 $4,900 $4,460
Sport Package $2,200 $2,000
Split fold-down rear-seat $475 $430
Smartphone Integration $150 $135
Total MSRP $60,000 Total Invoice: $55,670
Discount 10/15/2010 -$3,930
Selling Price: $56,070 $400 over invoice
How Your Price Works
Invoice Price: $55,670
Dealer #1 Price: $400 above Invoice
________________________________________
Your Price: $56,070
• You are protected at the dealership when you decide to buy a model with different options. Just ask to see the vehicle's invoice price to calculate the purchase price.
• If you choose additional options, your price relative to Invoice will not change. Additional options are priced at the Invoice Price - not MSRP, so your selling price may change but not your price relative to Invoice.
• Your Certified Dealer must offer all available incentives off the Invoice price. Your Price includes destination and all other manufacturer fees plus applicable incentives.
• Your price does not include dealer documentation (processing), tax, DMV, registration, title, license, other government fees, or dealer installed accessories.
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2011 550i RWD
Black Sapphire Metallic
Black Dakota Leather
Premium Package
Premium Package 2
Sport Package
Split fold-down rear-seat
Smartphone Integration
Total MSRP $66,200
Invoice: $61,415
Selling Price: $61,815
Adjusted Cap Cost $63,039 (Added Doc fee and Acquisition Fee)
Lease $982 per month (10k miles per year, 36 months term, Lease payments include sales tax (7%).
$2,014 down (DMV Fees, $982 is fully refundable security deposit - $350 disposition fee)
MSD Lease 2011 BMW 550i (7 Security Deposits)
$929 per month (10k miles per year, 36 months term, Lease payments include sales tax (7%)
$7,481 down (DMV Fees, $6,502 is fully refundable 7 security deposits -$350 disposition fee)
Assumptions:
Money Factor .00230 and
Residuals Value: 58%
Lease payments include sales tax (7%)
36 month lease
10,000 miles per year
MSD = Multiple Security Deposits
Acquisition Fee ($725) & Documentation Fees ($499) included in lease price
Down payment is first month payment and security deposit(s)
After this I'm going to make a decision between the BMW (535/or 550) and Infiniti M56. Infiniti Lease rates and MSD seems a lot better.
535i
Black Metallic
Dakota Leather
Driver Assistance Pkg
Premium Pkg
Premium 2 Pkg
Sport Pkg
Auto
MSRP $61,675
Based on $0 down, 3Yr lease, 12K miles
Thanks
Aix
$400 over invoice I negotiated yesterday at United BMW in Atlanta for similar car. I can give you sales reps name if you want. That is standard deal, don't pay anymore. You may do better. MF .00230. RV 61%. After test driving the new 2011 M57 yesterday. I just purchased it instead...I just liked it a lot better. Better reliability and more room in rear seat. I ended up at 1,100 under invoice..Better lease rates too. Thanks all for your help here. Good Luck
Can you tell me what the invoice is, I am going to talk to United BMW at the weekend.
Also which rep did you deal with.
Thanks
Sicce
Tolli at United BMW Gwinnett.
2011 BMW 550i
Pricing:
Invoice $56,300
Black Sapphire Metallic standard on 550i
Black Dakota Leather with Dark Wood Trim
Premium Package (standard on 550i)
Premium Package 2 $2,550
Sport Package $2,000
Split fold-down rear-seat $430
Smartphone Integration $135
Total Invoice $61,415
$400
Selling Price: $61,815 over invoice
Tell her I sent you but be nice to her! LOL.. I've bought a few cars from her in past. thanks. She was disapointed that I went with Infiniti M56.
I am looking at a 535 not 550, can you tell me what the invoice of the 535 is please.
Thanks
Sicce
Here you go:
2011 BMW 535i Invoice
Base Invoice $47,005
Black Sapphire Metallic $500
Dakota Leather $0
Premium Package: $1,640
Premium Package 2 $4,460
Sport Package: $2,000
Drivers Assistance Package: $1,595
Total MSRP: $61,675
Total Invoice: $57,200
Selling Price: $57,600 $400 over invoice
Here is what I got offered by the dealer: Is this a good deal on a stock car.
535i
Convenience pack
Sport Pack
Premium Pack 1
Premium Pack 2
Graphite Paint
Sport Auto Trans
MSRP: $62,125
Offered for $58,125
Lease 3yr / 12K / $0 down / payment $867.32/month incl. Tax.
What do you think?
Regards
Sicce
Comparison shop with Global Imports in ATL. Ask for Chris Smith. Great rep. I have purchased 2 cars from him and he gives a good deal and is great to deal with. I have found them better to deal with and better prices than United (and stay away from Nalley).
Tell Chris I sent ya, Jim Smithson
good luck
I came up with about that same number for leasing if no MSD and your adding the doc fee and lease aquisition fee. My calculations had a down payment of first month and 1 month security deposit. I figured your sales tax at 6%. Good luck. Signing off this blog for now.
United are charging me Acquisition fee $925 and Doc fee of $599 - is this what they were quoting you?
Thanks
Sicce
528i
Premium Pkg
Ipod
Sat Radio
Metallic Paint
328i
Premium Pkg
Value Pkg
Ipod
sat radio
Metallic Paint
$6500 total down, incl. TTL etc. fees
$1000/mo
10k/36 mos
Sales tax, 8.25% (waived on the 328i but not the 528i)
Thoughts?
Thanks.
The total cost out of the door was $60k. The taxes are close to 10% in CA.
Does your offered price includes taxes, etc.? Thanks.
- Premium 1 Pack
- Premium 2 Pack
- Sport Pack
- Convenience Pack
- 8-Speed Sport Transmission
- Graphite Paint
MSRP: $62125
Price paid: $57,725 + Doc fee and Acquisition fee
3yr / 12K /$0 down (except for taxes, plates, etc) / MF=0.0022
I'm in So Calif area.
A few months ago, I tried to lease a BMW for the first time. I went to Rusnak Thousand Oaks, because I live nearby.
For reasons unclear to me, they said the MSD program no longer existed.
The price for the 3 series didn't seem that attractive to me.
I went on the Internet. Found terrific deal at Alhambra (Henry Suh there); a bit far. And Nick, at Beverly Hills BMW, where I pass by sometimes. I offered both dealerships what I wanted to pay, and both replied right away affirmatively.
Eventually found similar good deal at Center BMW in Van Nuys -- Michael G.
No B.S.
Maybe this rule doesn't apply -- but when you see how elegantly dressed some of the sales people are at Bob Smith in Calabasas and Rusnak in Thousand Oaks, and the facilities, you wonder if that's why the vehicles are so fully priced.
All 3 (BMW in Alhambra, Beverly Hills BMW, and Center BMW in Van Nuys) were solid deals, but Michael G. most knowledgeable on cars.
Rusnak and Bob Smith very bureaucratic, hard to deal with, and not at all in the ballpark in pricing.
I would be interested in feedback from any of you re: So. Calif, because a relative may be doing a BMW next year. She is in Agoura area, between Bob Smith and Rusnak. But a friend who went to either place could get nowhere with a sales person who always had to get approval, back and forth. Better to go on the Internet. I think these two dealerships compete against each other, but not against Center, BH, or the one in Alhambra.
Oh, one other thing.
At Bob Smith, they tried to put an extra $200 on the bank fee, or leasing fee, whatever it's called.
I'm curious about any other experiences in So Calif.
Also, why are BMW money factors so high when interest rates are lower than ever?
It makes it all the more important to get a BMW at invoice or below.
Plus metallic paint: $550
Leather: $1,450
cold weather: $1,050
Dealer (BMW Elmhurst, in IL) told me $699 per month, with zero down, 10K miles/yr. Comments?
thanks!
Sale price: 70,300
36 mos 15,000 miles/yr
1168 tax included/month inceptions 2022
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Convenience Package
Cold Weather Package
Premium Package
Premium Package 2
Sport Package
Sport automatic transmission with shift paddles
Split fold-down-rear seat
Side and Top View Cameras
Split fold-down-rear seat
Smartphone Integration
Destination Charge 875.00
Total Suggested Price 66,500.00
Selling Price $64,505.00
36 months
12,000 Miles
Down $2,562
$1073 a month tax included
I am in the market for a 2011 BMW 535xi I think the current MF is .00230 for October.
Can you please tell me the residual based on 12000 miles a year for a 3 year lease. I also presume its a little early to see if there are any changes for the numbers in November?
Regards
Kaysid
Do we have any idea on the November Residuals and MF's on a 528 lease for 36/12 ?
If not, could you confirm the October #'s for me please ?
Lastly, how exactly does the Holiday credit of $1500 work? Is it tied to something else like a lower MF where you can not get both ect?
Thank you !!
When negotiating your lease on this car, make sure to take advantage of the $1,500 holiday credit that BMW just introduced on this car.
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The $1,500 holiday credit is compatible with this lease program.
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Thank you for your reply. One follow up question: I ordered my vehicle 6 weeks ago and locked in the better program #'s from that period. I know that I get better #'s that were locked in when I placed the order but do you think there is a way I can get the Holiday credit as well ? (or do you believe the credit is to replace the less advantageous residual/MF and they will not allow me to get both)
Regards,
James
Steve Thomas BMW, Beverly Hills BMW, the Alhambra BMW dealership, Center BMW all offered same excellent pricing.
Rusnak/Thousand Oaks and Bob Smith/Calabasas (both great facilities) very pleasant people, just off on price. Also, no fun to see extra $200 added on to bank leasing fee.
I was able to work up the following deal with a local dealer in NNJ. Would be interested in what others on the forum think. Can someone confirm that for November Promo the security deposit is waived e.g. $0 for a 5 series? This is what
the BMW website says but is not reflected in dealers due at signing fees.
2011 BMW 535xi Sedan - Deep Sea Blue Met.
Prem. Pkg.
Fold Down Rear Seats
Heated Front Seats
iPod & USB Adapter
MSRP $65,500
Invoice $52,515
Sales Price $52,915 ($400 over invoice)
Lease Term 36/12,000 miles
$1500 Holiday Credit
$707.33 per month
FEES:
1st Month $707.33
Doc. Fee $269.00
Bank Fee $725.00
Securit. Dep. $750.00
NJ Tire Tax $6.00
NJ Suppl. Title Fee $211.66
NJ Tax Paid Upfront $1,938.23
NJ Mtr. Veh. $309.80
Total Out of Pocket $4,917.02
TIA.
You can't cherry pick pieces of each program...
regards,
kyfdx
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