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Prices Paid: Buying & Leasing Experiences BMW 5-Series Prices Paid and Buying Experience
3504 messages, Last post on Dec 07, 2009 at 3:46 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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in Rockland County where my parents live is 8.125%. The bank fee in NY is more than $525 because of the lovely loopholes in the law that allowed people to sue lending institutions for millions of dollars when someone in a leased car was involved in an accident. Many mfrs stopped leasing in NY for about 8 months. The banks recouped some of the money by charging more on the leasing fees. Their up front costs will be as follows: 1st month, Security, Bank fee, & DMV fees (also quite pricey in NY). |
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http://money.cnn.com/2004/11/08/pf/autos/cr_auto_reliability/ Whats going on with these new german makes nothing but problems it seems? First the 7 series was blasted for its styling and then poor reliability of electronics. What are the issues with the 5 series now? Seems like the all new AWD Acura RL which is prob. the most advanced car going right now in the class is the best bet. The Audi A6 is appealing only on the inside that front schnoze is super overdone and hideous.
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| I normally know my way around a regular retail purchace, but for the first time, I'm considering leasing and really need some concrete advice. They just came out with some special lease rates on the slow selling. homely 5 series(but I like it and see it as an opportunity.) Anyway, I'm looking at an '05 530i...total msrp is$50,970. I know it's a waste to dump down payment on leasing but I'll give them 2500.00 and roll the 1st pmt. and sec. deposit into lease. They've come back with 575 a month on a 36 month lease at 10K miles a year. I'm fine with 10K miles as I don't drive a lot. Bottom line, is it unrealistic to want a payment of 540 to 550 a month knowing they are going to start using the new engine(r36) in March production, so buying now means I'm getting the older tech engine? Thanks! Hope you can help. Pittsburgh area. | |
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If your total upfront is $2500, then $575/mo plus tax is about $2000 off MSRP... Not bad, you might be able to knock another $25-$30/mo. off that.. If the $575 is including tax, you might be close to the bottom line. regards, kyfdx
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my parents are looking at pretty much the same car, and were quoted $667 per month for 15K per year on a 36 month lease. We're going to try and do a little better. Right now our Capitalized cost for the lease is $1500 over invoice. Don't worry about the new valvetronic 3.0L Inline 6. The 3.0L motor in the car now suits it just fine. It is a proven engine that shouldn't give you a lick of trouble for the duration of your lease. That's the benefit of leasing. If you were to buy the car, and then the same car came out with the new, more powerful engine, the resale value of your car would go down. Good luck and let us know what's going on. |
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I don't think the new engine will be available in the '05s.. I'm pretty sure the 5-series won't get them until the '06 model year..
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Replying to: kyfdx (Nov 26, 2004 7:46 am) |
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Replying to: kyfdx (Nov 27, 2004 8:49 am) |
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Replying to: sapparo (Nov 25, 2004 5:35 pm) Japanese vehicles have achieved exemplary quality scores in most segments due to their adherence to lean manufacturing methods. Historically, German and American manufacturers have been philosophically different in their approach to manufacturing and have paid the price in some quarters. We are now seeing companies such as Porsche and Ford adopting lean techniques. GM is making great headway in their JD Power Quality rankings. Much more to choosing which car to drive, however! The Germans excel in areas that Japan would give its eye-teeth for... and visa-versa in some areas. Pitching the new RL won't give you much leverage here... as it will have its own issues in due time. For example, the 300HP motor in the RL provides minuscule performance improvements over the current 3.0 in the 530 - that has 75 fewer HP! BMW will be releasing the next-gen 3.0 in March with close to 260HP. If cars were simply evaluated on paper, then many lower-tier cars would be at the top of their segments. Give the BMW-trashing a rest and offer substantive insight we are not aware of concerning the RL. Kinda like me, as a 2003 530 owner, going to the RL forums to toss bombs for the sake of tossing bombs... like saying that the new RL breaks no new styling ground with that Pontiac Bonneville nose and no V-8 to play in the premium segments. Combining that with poor rear compartment passenger room, is the RL anything more than an expensive Bluetooth platform with a nice stereo? See my point? For every "bad list" as you mention the BMW being part of, BMW is at the top of many more "lists" that the RL would be honored to simply be a part of. |
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Folks, this discussion is reserved for pricing and purchasing experiences only. If you want to talk about general vehicle characteristics, styling, or overall quality, we have plenty of active topics: BMW 5-Series Sedans Reliability and long-term costs of ownership - MB, BMW, VW/AUDI compared Good, Bad or Ugly - Current and Future styling trends of BMW kirstie_h Roving Host & Future Vehicles Host |
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