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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2608 messages, Last post on Dec 09, 2009 at 4:44 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| After reading these posts, it boils down to 3 things: Negotiate the lowest price which is about $2000 below sticker. Get the best Money Factor which is the BMW buy rate. Don't let the dealer make more money off you by giving a higher M.F. Demand the buy rate(posted in above messages) or at least very close to it. Lastly, don't let them get away with increasing the acquisition fee from $625 to $825. If your dealer won't do these things, go elsewhere. There are several leasing companies who will go out and get the buy rate, a great price, and will deliver (for a small fee of course.) If you go into the dealer knowledgeable about these three items you should get the best lease rate available. Good luck. | |
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Replying to: crzycool22 (Jan 14, 2007 2:47 pm) |
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Replying to: sixpaqs (Jan 15, 2007 12:09 pm) |
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Replying to: sixpaqs (Jan 15, 2007 12:09 pm) I just put an order in for almost the same exact car. I have a lease rate almost identical as well, except I am getting the Steptronic trans. Included in my capitalized cost is the acquisition fee which is $825 (not 625) at the same dealer (Ft Lauderdale) as well as the charming dealer prep fee of $499 (full tank of gas and detailing a brand new car) which I found infuriating, but they would not budge on this. The best way to figure out what you are paying is to ask for the capitalized cost. My guess is that you will find the missing $1324 in there. Anyway, to get a couple grand off with a car that they can barely keep in stock seems good and I bit the bullet. But, the 2008 will be here in the summer. Any idea on the MSRP or the anticipated money factor? Since my car comes in in March I wonder if I should just wait for the 2008? Happy Driving |
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Replying to: doctorely (Jan 15, 2007 3:06 pm) I checked my paperwork when I read your reply, but no, my capitalized cost was $48590, exactly $2K under MSRP. And there was no dealer prep or acquisition fee. I specifically asked about the acquisition fee, and they told me there was none. My inceptions were first payment, a $650 security deposit, and $150 for tags and taxes. Came out to $1496. Since I wanted mine with the manual trans, I had to order it, and to be honest, I love the car. I just got out of a MB, and this car is such a better drive. I was looking at the new X5's, but the lease rates were horrendous. They told me that BMWFS were not supporting the X5 with any special money rates, and it was a ripoff, though it is a beautiful car/truck. I anticipate that when the 2008 5's come out, they will be in a similar situation, though who knows? As for MSRP, I guess it will be about $1500-$2000 higher, but they haven't announced anything yet. Good luck with your decision.
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Replying to: sixpaqs (Jan 15, 2007 12:09 pm)
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Replying to: gunner14 (Jan 15, 2007 7:04 pm) |
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Replying to: sixpaqs (Jan 15, 2007 6:21 pm) Thanks Thanks
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Replying to: jobie (Jan 16, 2007 8:24 am) I beg to differ on teh E. I find the seats less comforatble (stiffer), the steror wheel control Lame (the skip to next station does not go to your pre-programmed but the next station), and the humming noise of those damn brakes TOTALLY Bites ! AND I verified the 2007 Mercedes have the same brake "feature". I went from a 740IL to the E320, and am going back. Plus i heard the 05 maint. they now charge for std. maint. |
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Replying to: jobie (Jan 16, 2007 8:24 am) I actually looked at the LR3, but it was too big for what I needed. Cool looking SUV though. |
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