Hi bocabmw. BMW Financial Services' current buy rate lease money factor and residual value for a 24-month lease of a 2013 535i Sedan with 15,000 miles per year are .00130 and 66% for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical 36-month lease are .00130 and 60%.
The residual values for leases with 12,000 miles per year are 2% higher.
There is a $1,500 cash incentive on leases of this car.
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Greetings ntlwhsle. BMW Financial Services' current base lease rate and residual value for a 36-month lease of a 2013 M5 Sedan with 15,000 miles per year are .00130 and 49% for consumers who qualify for its top credit tiers.
I don't think that BMW is offering 39-month leases on this model right now.
Make sure to take advantage of the $1,500 cash incentive that is currently available on it.
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I am shopping around for a lease on a BMW 528i. I prefer the M-Sport, the Tech, and the Premium Packages.
I need a minimum of 18K miles a year, with a preferred of 20K miles a year. Term length would be 36 months.
What would be the residual on that? What about the money factor? I am wanting $0 due at signing; all fees built into price.
I am in Texas, so taxes here are 6.25% What would be a good amount, other than incentives, to argue for? Right now on leases, I would get $2250 in incentives. How much can I get the dealer to discount on top of that?
What fees should I look for that are "miscellaneous" and unnecessary? Thanks in advance for all replies!
Just wanted to know if this was accurate/good deal:
528xi 2013
MSRP $50,100
Package/Options black sapphire metallic $550 Cold weather package $950 Premium Package $2,600 Rear View Camera $400 Park Distance Control $750 Navigation $1,900 Net Total $57,250 Destination $895 Total $58,145
Sale Price $54,600 NJ tax 7.0% (1,654.61) Cap Cost Reduction $2,250 Cap Cost $54,004.61
MSRP $58,145 Residual 62% Residual $36,050 Money FactoR 0.00130 Term 36 Miles 12k Lease Charge $117.07 Monthly Payment $615.81 Total Out of Pocket $1910.81
Hi tjk1938. Doc fees are pretty typical charges at dealers. I've heard that Florida is particularly bad as far as doc fees go. Having said that, just because they're common doesn't mean that we have to like them. They're really nothing more than a way for dealers to pad deals. When I come across a dealer that charges a doc fee, I look at it as part of the selling price of the vehicle. So, for example, if dealer A is charging $40,000 for a car plus a $599 doc fee, it's actually a worse deal than dealer B who is charging $40,200 plus a $100 doc fee. Look at the deal as a whole and it makes things more simple.
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Hello pharlap. BMW Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a 2013 550xi with 12,000 miles per year are .00130 and 62% for consumers who qualify for its top credit tiers.
The residual value for a lease with 10,000 miles per year would be 1% higher.
BMW is currently providing a $1,500 cash incentive on leases of this car through BMW FS. Make sure to take this cash into account during your negotiations.
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hey car man-- thanks for providing all this great info! what do you think of this quote i received? i feel like there is some room in it; i would also like to add multi contour seats which is around 1300 to it. i am planning on ordering the car pretty soon and like i said, i feel that while this appears to be a decent first offering i think there is some room... here are the details.
2013 535i xdrive includes: m sport, premium package, navi, heated seats, rear camera, park distance
msrp: 65,095 (like i said i want to add multi contour seats). 10k/36 mo 589.47 per month with 3947.78 total due at signing (in QUEENS, NY)
If you're thinking about buying a 5 series soon, do it soon. BMW will be ending the $1500 lease/APR incentive at the end of the month and will not be extending it
That's for the outgoing 2013 model. On the other hand, if you want the better 2014 model, then hold out a few more months. You will also be able to get a Diesel which will have great mileage and tons of torque.
I am interested in leasing a 535i Xdrive as well but I need some guidance as I am getting jerked around by the dealer.
Dealer (New Country BMW In CT) came back with the following.... 2013 535ixdrive with 4500mi - managers car Cold weather, Premium pkg, Technology pkg. 36mo 15k miles $2500 down - $725 per month
They claim to be at invoice which is a joke compared to what I am seeing on this board....
Not a good deal. You should be able to get a new one for 500 over invoice. You need to find out the MSRP and calculate the dealer cost. Also what is the money factor? Do you know about MSDs? I would also try other dealers. It may pay to call dealers in NY or NJ. I got my BMW at BMW of Tenafly and they beat about 6 other dealers.
What about the rebate? If it includes the rebate, it is not 400 over invoice, it is much higher. What is the money factor, do you know if you are getting the lowest rate?
I am just saying it should be $400 over invoice before the rebate. Adding the 1,500 makes you $1,900 over invoice (not to mention the & $750.00 loyality credit) which would put you 2,650.00 over invoice if applicable. If he/she is selling you a car $400.00 over his invoice, it should be BEFORE the application of any credits. Then you reduce the sales price to $64,500.00 or $63,750.00 which will lower your payments!
You have to get the price down and confirm the money factor. Check out bmwconfig.com to check out the invoice.
No problem jetblack0004. BMW Financial Services' April buy rate lease money factor and residual value for a 24-month lease of a 2013 550i Sedan with 12,000 miles per year are .00129 and 68% for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical 36-month lease are .00129 and 62%.
If you were to lease with only 10,000 miles per year, this car's residual values would be 1% higher.
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Could you tell me the mf, residual and any current incentives for leasing a 2013 528xi with 15,000 miles per year for 36 months. Am I correct to assume the MF is .00129?
Hi tspark. Your assumption about the money factor is correct. BMW FS' buy rate for most models is .00129 this month. It's pretty silly that they changed it to that from .00130. How much of a difference can .00001 really make .
BMW FS' April residual value for a 36-month lease of a 2013 528xi Sedan with 15,000 miles per year is 61%.
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There are instances when purchasing a car after your lease works. My X5 that I own I did just that. They lowered the price way below what the used car market was, they verified it, detailed it, new tires and almost free financing 3%. I had to contact different dealers for the best deal. So definitely not to do it is not always the right choice, if you want the car.
I just leased a 2013 535 m sport, 65000 sticker SIGN and DRIVE absolutely zero out of pocket including all fees and taxes and first month, $775/ month 36/12k. Very hard to locate well equipped m sports with paddles in florida.
Hi braketoolate. BMW Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2013 535i Sedan with 10,000 miles per year are .00129 and 63% for consumers who qualify for its top credit tiers.
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Thanks braketoolate. BMW Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2013 535i GT with 10,000 miles per year are .00129 and 65% for consumers who qualify for its top credit tiers.
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I'm in Los angeles. Can you tell where you got such a great deal? Currently looking for 535 with premium and technolgy package. What should I expect a lease payment to be with a good deal?
Colorado 535 xi Imperial Blue M Sport Cold Weather Package Driver Assistance Package Premium Package Navigation System MSRP - 66,545 Final Neg. Price (including March 1500 rebate, USAA 500, Dealer "discount) - 61,650 (invoice 61,780)
Residual - 62% miles - 12K MF - .001290
I don't have total monthly yet. Does this sound like a good deal? Dealer tried to give me a MF of .00170, but I talked them down.
Here is the deal I have been offered. Any feedback would be appreciated.
Car: 535i 2013 Term: 36 month X 15K miles MSRP: $61,045 Invoice:$56,445 (Jet Black, M Sport, Premium, Navigation, Parking Distance Control) Payment with 6% Tax: $715
Due at signing: $2200 (First payment $715, Bank fee $599, Dealer Fee $925, Tag $250) **This includes forgiving 3 out of my 4 outstanding payments plus $500 first payment credit. I will still have to make my 4th payment ($650) on my current BMW which I have 500 miles left before I go over and is due back n 9/18. Thoughts?
I feel I might be better off waiting another month so I don't have to eat that 4th payment. Granted RVs and MFs hold up and they continue to offer the pull forward program on 3 remaining payments.
My Infiniti M37x comes off lease in August. After having three Ms, I'm ready to get a five, two of which I had previously. But the timing seems less than optimal. I want a 2014 and wonder how long I would need to wait before what I suspect is higher pricing at the start of the model year will get down to "normal" levels. I have a second car and can wait if needed, but would prefer not to do so for a long time. Suggestions greatly appreciated.
But I may start using a broker called Authority Auto. That way, I don't feel guilty getting the absolute best deal I can once I get to know the salesperson. (I'm not affiliated, just thinking about it)
1) Has anyone managed to negotiate current advertised lease offers for better terms?
2) What if exact lease program spec vehicle is not available, how will the lease program be modified ?
For example current program running in SoCal:
Well-equipped including features such as Executive Package (Comfort Access, Heads-up Display, Satellite Radio, Premium Hi-fi and more), Navigation, Xenon Headlights, Moonroof and Destination charges. $689*/month for 36 months. $750 Loyalty Cash included in payment. • $689 First months payment • $3,500 Down payment • $0 Security Deposit • $725 Acquisition fee • $4,914 Cash due at signing
Comments
The numbers for an otherwise identical 36-month lease are .00130 and 60%.
The residual values for leases with 12,000 miles per year are 2% higher.
There is a $1,500 cash incentive on leases of this car.
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I don't think that BMW is offering 39-month leases on this model right now.
Make sure to take advantage of the $1,500 cash incentive that is currently available on it.
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I need a minimum of 18K miles a year, with a preferred of 20K miles a year.
Term length would be 36 months.
What would be the residual on that? What about the money factor?
I am wanting $0 due at signing; all fees built into price.
I am in Texas, so taxes here are 6.25%
What would be a good amount, other than incentives, to argue for? Right now on leases, I would get $2250 in incentives. How much can I get the dealer to discount on top of that?
What fees should I look for that are "miscellaneous" and unnecessary?
Thanks in advance for all replies!
Thanks
528xi 2013
MSRP $50,100
Package/Options
black sapphire metallic $550
Cold weather package $950
Premium Package $2,600
Rear View Camera $400
Park Distance Control $750
Navigation $1,900
Net Total $57,250
Destination $895
Total $58,145
Sale Price $54,600
NJ tax 7.0% (1,654.61)
Cap Cost Reduction $2,250
Cap Cost $54,004.61
MSRP $58,145
Residual 62%
Residual $36,050
Money FactoR 0.00130
Term 36
Miles 12k
Lease Charge $117.07
Monthly Payment $615.81
Total Out of Pocket $1910.81
This sounds great deals, could you please share dealer name . I live in westchester and plan to pick one over weekend.
Thanks
RK
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The residual value for a lease with 10,000 miles per year would be 1% higher.
BMW is currently providing a $1,500 cash incentive on leases of this car through BMW FS. Make sure to take this cash into account during your negotiations.
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2013 535i xdrive
includes: m sport, premium package, navi, heated seats, rear camera, park distance
msrp: 65,095 (like i said i want to add multi contour seats).
10k/36 mo
589.47 per month with 3947.78 total due at signing (in QUEENS, NY)
what do you think?
thanks!
Diesel which will have great mileage and tons of torque.
I am interested in leasing a 535i Xdrive as well but I need some guidance as I am getting jerked around by the dealer.
Dealer (New Country BMW In CT) came back with the following....
2013 535ixdrive with 4500mi - managers car
Cold weather, Premium pkg, Technology pkg.
36mo 15k miles
$2500 down - $725 per month
They claim to be at invoice which is a joke compared to what I am seeing on this board....
Thoughts?
1600 down (includes 1st month payment)
759/month 10K miles
779/month 12K miles
36 month lease
MSRP: 72,200
Sale price: 66,500 (400 over invoice)
MSRP: 72,045
Sale price: $66,000 (includes rebate..he is saying its 400 over invoice)
Residual value: $43,900
Down payment is: $1600 (includes 1st month)
$779/month for 35 months, 12K year
It's in Hartford, CT
What should the lease payment be close too??
You have to get the price down and confirm the money factor. Check out bmwconfig.com to check out the invoice.
Thanks for all your help. Would you please list the residuals for the 550i for April for 24 and 36 month leases at 10 and 12K? Thank you!
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The numbers for an otherwise identical 36-month lease are .00129 and 62%.
If you were to lease with only 10,000 miles per year, this car's residual values would be 1% higher.
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Could you tell me the mf, residual and any current incentives for leasing a 2013 528xi with 15,000 miles per year for 36 months. Am I correct to assume the MF is .00129?
Thanks in advance
BMW FS' April residual value for a 36-month lease of a 2013 528xi Sedan with 15,000 miles per year is 61%.
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$66,250 MSRP + Tx + Lic/Reg
$740/mo with $0 down, 36 months, 12K mi/yr
Anyone get or hear of better?
Much appreciate any input.
Does anyone know what a good deal is for this car?
Do you mind I ask where do you get it?
I'm looking to pick up a 535 in NYC too.
I plan to lease for 10k for 3 yrs.
Thanks in Advance.
A
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How about 535 Gran Turismo? I wonder if it would be better. Also 36x10k.
Thanks in advance.
Does the 1500 bonus cash apply to this model( 2013 528xi )? For a lease of course. Thanks so much for all your help.
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535 xi
Imperial Blue
M Sport
Cold Weather Package
Driver Assistance Package
Premium Package
Navigation System
MSRP - 66,545
Final Neg. Price (including March 1500 rebate, USAA 500, Dealer "discount) - 61,650 (invoice 61,780)
Residual - 62%
miles - 12K
MF - .001290
I don't have total monthly yet. Does this sound like a good deal? Dealer tried to give me a MF of .00170, but I talked them down.
Thanks
535 xi - Imperial Blue
M Sport
Cold Weather
Premium
Driver Assistance
Navigation
MSRP - 66,545
Neg Price (with USAA 500, March Rebate 1500, Dealer "discount") - 61,650
invoice - 61,780
Residual - 62%
MF -.00129 (they came at me with .0017, I talked them down to the April rate - I penned this deal 3/31/13)
Miles - 12K
Thanks!
Car: 535i 2013
Term: 36 month X 15K miles
MSRP: $61,045
Invoice:$56,445 (Jet Black, M Sport, Premium, Navigation, Parking Distance Control)
Payment with 6% Tax: $715
Due at signing: $2200 (First payment $715, Bank fee $599, Dealer Fee $925, Tag $250)
**This includes forgiving 3 out of my 4 outstanding payments plus $500 first payment credit. I will still have to make my 4th payment ($650) on my current BMW which I have 500 miles left before I go over and is due back n 9/18. Thoughts?
I feel I might be better off waiting another month so I don't have to eat that 4th payment. Granted RVs and MFs hold up and they continue to offer the pull forward program on 3 remaining payments.
But I may start using a broker called Authority Auto. That way, I don't feel guilty getting the absolute best deal I can once I get to know the salesperson. (I'm not affiliated, just thinking about it)
1) Has anyone managed to negotiate current advertised lease offers for better terms?
2) What if exact lease program spec vehicle is not available, how will the lease program be modified ?
For example current program running in SoCal:
Well-equipped including features such as Executive Package (Comfort Access, Heads-up Display, Satellite Radio, Premium Hi-fi and more), Navigation, Xenon Headlights, Moonroof and Destination charges.
$689*/month for 36 months. $750 Loyalty Cash included in payment.
• $689 First months payment
• $3,500 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $4,914 Cash due at signing
Thanks!