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BMW 5-Series Lease Questions

2594 messages,  Last post on Nov 21, 2009 at 6:51 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW 5 Series, Car Leasing, Sedan, Wagon


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#2585 of 2594
Re: something weird when I build my 5er on bmwusa.com [vchad] by mjr2u
Nov 13, 2009 (3:28 pm)
Reply

Replying to: vchad (Nov 12, 2009 10:54 pm)

I agree, the 0.0028 Nov MF is insane!, especially when the Oct MF was 0.0015.
 
Even with the $2500 holiday cash, plus another $1500 loyalty bonus, it doesn't really offset the 6.72% effective interest. However, my dealer told me that I can lock in during this program, and if the rates go down by the time my current lease is up (Feb 10) and before I take delivery of the new car, (I'm ordering it) - I can take the lower rate if I want.
 
Probably what will happen is that BMW will lower the MF (maybe) and if they do, the case incentives will disappear. They're not going to give you both, I'm certain. (I'm really bummed about the MF, because my current '07 5 MF is 0.00085!!! (or 2.04%APR).
#2586 of 2594
Re: Newbie Pls help [2buyabmw] by baluk
Nov 17, 2009 (7:06 pm)
Reply

Replying to: 2buyabmw (Nov 06, 2009 3:19 pm)

Hi I got the following from an NJ dealer
 
2010 528i Premium, Cold weather
10K / 36months
 
MSRP = $48325
Sale price = $45125 (claims $100 over invoice)
MF = 0.00245 Res = 61%
 
4139 down and 538 a month
 
First time BMWer. What do you guys say?
#2587 of 2594
528i 2010 lease by baluk
Nov 17, 2009 (7:13 pm)
Reply
hi car_man,
010 528i Premium, Cold weather
10K / 36months
 
MSRP = $48325
Sale price = $45125 (claims $100 over invoice)
MF = 0.00245 Res = 61%
 
4139 down and 538 a month
 
First time BMWer. What do you think?
I want to get rid of premium and add backup camera and bump mileage to 12k/yr, and ask to keep the payments same. would this be good?
Thanks!
#2588 of 2594
528 Texas State Tax Credits by freezedog
Nov 18, 2009 (5:37 pm)
Reply
I'm in the Dallas area. Has anyone heard if or when the dealerships will have some state sales tax credits. I have always got them before on my leases, but the dealerships are telling me they don't have any now. Thanks.
#2589 of 2594
528i in Dallas by freezedog
Nov 19, 2009 (3:54 pm)
Reply
Also, the couple of Dealers I have spoken to in Dallas are charging a MF of .00280. This is crazy high and appears to be more than BMW financial is charging. Anyone have any luck with getting a lower MF. The extremely high MF and lack of state tax credits makes leasing a new 2010 extremely pricey especially with the new body style coming out in 2010. I would appreciate your thoughts. Thanks.
#2590 of 2594
Re: 528i in Dallas [freezedog] by rob_m3
Nov 19, 2009 (5:18 pm)
Reply

Replying to: freezedog (Nov 19, 2009 3:54 pm)

I agree, here in Miami Fl dealers are charging .00245 which is a little lower, but still high, it seems the dealers in Dallas are marking up the MF by .35 +/- . I have a feeling BMW Financial will lower the MF after the new 5 is unveiled on Nov 23rd, maybe they come out with better lease programs for December. Dont rush and wait, they will lower it or they just wont be able to move the last units before the new 5 hits showrooms.
#2591 of 2594
Re: 528 Texas State Tax Credits [freezedog] by bewitz
Nov 20, 2009 (6:12 am)
Reply

Replying to: freezedog (Nov 18, 2009 5:37 pm)

they have them now on the 535 so I presume on the 528 also; got the call yesterday; MF still high, I was quoted 0.00275 (6.6%)
#2592 of 2594
Re: 528 Texas State Tax Credits [bewitz] by freezedog
Nov 20, 2009 (12:14 pm)
Reply

Replying to: bewitz (Nov 20, 2009 6:12 am)

I just got a call saying the Texas state sales tax credits are now available. Thanks.
#2593 of 2594
Re: 528 Texas State Tax Credits [freezedog] by bewitz
Nov 20, 2009 (4:52 pm)
Reply

Replying to: freezedog (Nov 20, 2009 12:14 pm)

I was told today by 2 dealers the Texas sales tax credits were capped, so that only the first $40,000 was "tax free".
#2594 of 2594
December Lease Rates for 528 by freezedog
Nov 21, 2009 (6:51 am)
Reply
Car_man or anyone:
 
Do you think BMW financial will drop the MF in December for the 2010s? Right now the MF appears to be crazy high. I believe the current MF charged by BMW Financial is .0024 while most Dallas area dealers are marking it up to .0028 (6.72%). The 60% residual (for 12k miles), state tax credits, holiday cash, loyalty cash, and negotiated purchase price are great on this car right now. However, the extremely high MF is ruining an otherwise good deal.
 
What is the likelyhood the MF drops in December to move inventory prior to the end of the year with the other vaiables remaining the same?
 
When do we usually get word of the December numbers?
 
Thanks in advance for any help.

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