Last post on Dec 11, 2013 at 3:59 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW 5 Series, Car Leasing, Sedan, Wagon
#1174 of 4293 Bottom Line
Jan 15, 2007 (1:10 pm)
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.
#1175 of 4293 Re: Good Deal in NY/NJ Metro [crzycool22]
Jan 15, 2007 (1:45 pm)
I have had a pretty good experience with a NY dealer. E-mail me so I can direct you to him...
#1176 of 4293 Re: 2007 530i misc questions [sixpaqs]
Jan 15, 2007 (1:49 pm)
Well, I know what you are talking about because I also live in Miami and neither South nor Braman are pricing-friendly when it comes to leasing a Bimmer. Anyway, I got my last Bimmer through a dealer in NY, and Ft. L would be much closer, especially if they do not pull all the price increases as it seems that it is a fashion in Miami. Surprisingly enough, if one looks at the Ft. L.'s adverts in the paper, it seems that they are exactly the same as the others in South Florida... Please, e-mail me the info. Thanks.
#1177 of 4293 Re: 2007 530i misc questions [sixpaqs]
Jan 15, 2007 (3:06 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?
#1178 of 4293 Re: 2007 530i misc questions [doctorely]
Jan 15, 2007 (6:21 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.
#1179 of 4293 Re: 2007 530i misc questions [sixpaqs]
Jan 15, 2007 (7:04 pm)
Your post confirms I made a fair offer to my local dealer; just still waiting to hear back. Don't know if I will. Meanwhile, I will contact Fort Lauderdale. I'll sign on similar terms if they agree. Anybody have anymore information on how much longer a 2007 model can be ordered?
#1180 of 4293 Re: 2007 530i Overhead Display
Jan 15, 2007 (10:50 pm)
This message board is awesome, helps to allow us on this side find out exactly what we can and cannot negotiate. Any thoughts on the Overhead Display on the BMW's with Navigation. Is it worth the extra $1K?
#1181 of 4293 Re: 2007 530i misc questions [sixpaqs]
Jan 16, 2007 (8:24 am)
Just curious - which MB model did you just come out of? I've been looking at the 5 and the updated E350; the E supposedly has had some improvements, better handling, sports package, etc. I know the 5 is the better driver, but it looks like the E is getting closer; I think the E's interior is also nicer, easier to use, etc. I had a 2002 530i 5-sp which as great, I'm now in an SUV (LR3) which I'm thinking of dumping - nice for an SUV, but after 2 years I miss my sedan.
#1182 of 4293 Re: 2007 530i misc questions [jobie]
Jan 16, 2007 (3:31 pm)
I have the 2004 E320. With Logic 7 Stereo, Voice Recognition, integrated phone (not worth it since have to use a MB approved Phone that was a Motorla flip-tac.
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.
#1183 of 4293 Re: 2007 530i misc questions [jobie]
Jan 16, 2007 (6:36 pm)
I had a CLK500. My mom has a E350. It is a very nice ride and has a great engine. But I liked the 5 better. It is a much more comfortable car in my opinion and had a manual transmission. The 7 speed transmission is overkill in my opinion. The things is constantly shifting gears when you gun it, but at least the gear changes aren't felt. The rest is all a matter of taste. I don't think you can go wrong with either choice. She likes it, and she used to have a 745Li, which she liked but thought it was too long and overly complicated.
I actually looked at the LR3, but it was too big for what I needed. Cool looking SUV though.