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BMW 5-Series Prices Paid and Buying Experience

3500 messages, Last post on Dec 06, 2009 at 11:14 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kyfdx (May 10, 2006 6:32 pm) I took the deal. My car is being shipped. Thanks for all of you help!!!!!!! |
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Hello Everyone, I just came back from the BMW in Buena Park, CA. I wanted to lease a 2006 530i but it seems most dealerships are out of stock. I looked at the 2007 530i's. I want one with the sport and premium package with 15k mi/yr and 36month term. The best they offered for a 2007 530i w prem and sport msrp stickered at 54,356 was : 1. $2000 Drive off, 15k mi, at 865/mo after tax. 2. $2800 Drive off, 12k mi, at 799/mo after tax. I live in los angeles so tax is %8.25. I wanted to get it at around 760 after tax but they would not budge at all unless i gave them a fat down payment. Eventually they let me walk. i am going to look around but was the deal above worth it? Where can I find a better deal at in southern cal. I mentioned the money factor but the numbers he gave me were after he had talked behind the counter and said he didnt know what number they were using. He said they were getting them direct from bmw financial. Also the residual was 60% which seems normal from what i've read. Any help would be deeply appreciated. Thanks frank
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Replying to: eddie33081 (May 14, 2006 9:56 pm) The money factor for a 2007 530i 36 months 15k should be .00225 and the residual should be 60%. Use this website to calculate your payment http://www.leaseguide.com/calc.htm this should help you figure out your payment and what you actually need to put down to get your payment where you want it. You can print it out and carry it with you. Don't go into the dealership empty handed. Also, print out some of the dialogue for the forum. Hope this helps it helped me. |
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Do you have any suggestions on a dealer that will give me 1000 over invoice and that money factor. Ive hadent any luck sticking to those numbers. I ended up walking out that day. Let me know. Im ni southern california. Frank |
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I am shopping for a lease in central NJ for 2007 530xi with all the bells and whistles but manual trans. Any good experiences with dealers in this area? I am assuming a deal about 1000-1500 or so over dealers cost with a residual of 70% for 15000K and 24 months would be good. I wonder when the money factor can be expected to drop as I have some latitude as to when to turn in my current leased car. Anyone buy this car and have real world numbers?
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| Any info on 2007 - 5 series pricing. Edmunds shows an invoice of 46155, what is a reasonable price on this ? | |
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Ok. I just got a decent deal I think. Here what it is: 2007 Bmw 530i Sports Package Premium Package Automatic Trans MSRP 54,070 I got them down to 51,300 Leased at: 2800 Total Drive off 36 Months 15,000 Mi/yr 60% resid. 710/mo + tax (ca 8.25) = 769.00/month tax included What you guys think. This is after 3 dealerships and reading up on the boards. Seems decent. Frank
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Replying to: eddie33081 (May 18, 2006 3:28 pm) GO FOR IT!!!!!!!!!!!!!!! |
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Replying to: eddie33081 (May 18, 2006 3:28 pm) |
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