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BMW 5-Series Prices Paid and Buying Experience

3499 messages,  Last post on Dec 04, 2009 at 9:29 AM

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

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#1156 of 3499 MF by gold233790 Dec 07, 2004 (11:16 am)
I was told by more than one BMW dealer that the MF for a 36 mo, 15k lease is currently .00125. I've been seeing .0015 on this site- is this the new December MF, or are my getting "dinged" another way (residual is still 60%)?
#1157 of 3499 by kyfdx HOST Dec 07, 2004 (11:20 am)
I think money factors may have just dropped effective yesterday... I don't have specifics.. Probably will know later this week..
#1159 of 3499 thanks.... by gold233790 Dec 07, 2004 (11:33 am)
If so, I think that's a pretty good deal. Probably talking low 6's (pre-tax) on a nicely equipped 530i just north of 50k MSRP.
#1160 of 3499 Pulled the trigger by nyccarguy Dec 07, 2004 (7:33 pm)
So we got the price we wanted. Ordered my Mom an '05 530iA Black/Black with Steptronic/PP/Xenon/Cold Weather/Destination.   MSRP: $50,720 Invoice: $46,435 Selling Price: $47,662 (bit more than $1200 over invoice)   Lease for 36 months with 15,000 miles per year and 8.125% Sales Tax rolled into the lease $0 Cap Cost Reduction 60% residual .0015mf (Please let me know if this drops)   $651/month
#1161 of 3499 thanks by nyccarguy Dec 07, 2004 (7:33 pm)
to kyfdx for your help Replies to this message: kyfdx (Dec 08, 2004 7:41 am)
#1162 of 3499 Re: thanks [nyccarguy] by kyfdx HOST Dec 08, 2004 (7:41 am)
Replying to: nyccarguy (Dec 07, 2004 7:33 pm) You are welcome..   MF/residual for 530i 36mo/45K is .00125 and 60%   See here: Car_man "Lease Questions - Ask Here" Dec 8, 2004 7:31am
#1163 of 3499 Yep by gold233790 Dec 08, 2004 (8:03 am)
Residual has dropped to .00125. Funny- spoke to several dealers in NJ yesterday and was told both numbers. Either they hadn't updated or looked at the opportunity to mark it up. I believe this is legal, correct?   Quick question- my credit averages around 730 between the three agencies. I should be able to get their top rates, correct? Replies to this message: kyfdx (Dec 08, 2004 8:06 am)
#1164 of 3499 Re: Yep [gold233790] by kyfdx HOST Dec 08, 2004 (8:06 am)
Replying to: gold233790 (Dec 08, 2004 8:03 am) I'm not positive on the cutoff, but I would think 730 would qualify you... I think BMW is like Honda... you either qualify or you don't... No second tier numbers...   The ones quoting .00125 are being straight with you..   The ones still quoting .0015 are either too lazy to check again for new numbers, or are keeping the markup for themselves.. They can bump up to .0004 extra (and most of them do).   The numbers you posted earlier look very good, especially with the lower money factor..   nycarguy.. your numbers look very good as well..
#1165 of 3499 kyfdx by nyccarguy Dec 08, 2004 (7:57 pm)
I'll have to call my dealer tomorrow and ask him about the lower mf. thanks for your help!

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