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BMW 5-Series Lease Questions

3910 messages,  Last post on May 18, 2013 at 11:25 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 130 of 392

#1289 of 3910 Advice on buying my leased 2004 530i by pbinkley1

Mar 01, 2007 (6:47 pm)

I have a 2004 530i w/sport package and love it. So much so I'm planning to purchase and own it for a long time. I was wondering if there was a forum or some good advice out there on how to get the best deal on this car. I know there is a set price that I can buy this car at then end of the lease but if I can do better than that and negotiate I'm happy to do what I can. I've seen people who are buying used BMWs on the other forum talk about how they try buying them for the "CPO" or auction price...how can I get in on that which seems to be below the original purchase price I agreed to when I leased it.

#1290 of 3910 Re: MF question [kyfdx] by 99_528i

Mar 02, 2007 (10:50 am)

Replying to: kyfdx (Mar 01, 2007 10:02 am)
Thanks, kyfdx.
 
Actually it was one of those end of month deal and I was able to get a $1000 above invoice for the 2007 530i. I was looking at 36-months, 12k per year, and the sales manager insisted that I have to pay the security deposit and I walked out at that point. I should have taken the deal ...
 
Does anybody know what's the March MF and residual value for 2007 530i, 3 year, 12k/year?
 
Thanks.
 
99_528i

#1291 of 3910 Re: 525 xi [ukrainian] by Car_man HOST

Mar 04, 2007 (11:01 am)

Replying to: ukrainian (Feb 23, 2007 12:10 pm)
Hi ukrainian. Yes, this car's lease money factor is lower now than when you were quoted .00185 in December. BMW Financial Services' new March buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 525xi with 15,000 miles per year are .00150 and 60%, respectively with the payment of a security deposit at lease signing.
 
Car_man
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Prices Paid Forum

#1292 of 3910 Re: 550i clinch [lsmb] by Car_man HOST

Mar 04, 2007 (11:08 am)

Replying to: lsmb (Feb 23, 2007 12:34 pm)
Hi lsmb. If I was in the market for a BMW and the dealer that I was working with was quoting me a marked up money factor I would tell them that I want them to use the lowest possible money factor to calculate my vehicle's monthly payment and that if they don't I will shop around until I find a dealer that will. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2007 BMW 550i in March is .00175 with the payment of a security deposit at lease signing and .00190 with the security deposit waived.
 
Car_man
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Prices Paid Forum

#1293 of 3910 Re: 530xi - Is this a fair deal ? [jayps] by Car_man HOST

Mar 04, 2007 (11:25 am)

Replying to: jayps (Feb 24, 2007 5:20 am)
No problem, jayps. So, you are being given a $1,720 discount on the 2007 BMW 530xi that you are interested in. This is probably a little over $2,300 over dealer invoice. I'm not sure if you will be able to negotiate a lower price than this on this car in your area, but that is a lot of room to play with so it's definitely worth a shot. Also, make sure to stop by the following discussion to see how much other community members have paid for similar cars lately: "BMW 5-Series: Prices Paid & Buying Experience".
 
The good news is that the money factor that you were quoted for this car is right in line with BMW Financial Services' current buy rate for it. This means that the dealer you are working with isn't trying to make any hidden back-end profit on your deal.
 
Car_man
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Prices Paid Forum

#1294 of 3910 Re: 550i clinch [Car_man] by lsmb

Mar 04, 2007 (11:26 am)

Replying to: Car_man (Mar 04, 2007 11:08 am)
Thanks Car_man,
we compromised a week ago at .0018 with a security deposit and he threw in one of the dealers perks (Diamond Fusion Coating for windshield; no necessity but fun). I clearly didn't like the process, but was ok with the result at the end, since I really missed out in the beginning to nail everything down. It was an interesting learning experience for my first lease deal. Don't know what I would have done without having had access to all the info in this forum. It's brilliant! Will be back in three years LSMB

#1295 of 3910 Re: Good deal? [joeadp] by Car_man HOST

Mar 04, 2007 (11:42 am)

Replying to: joeadp (Feb 25, 2007 7:54 am)
Hi joeadp. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
 
Car_man
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Prices Paid Forum

#1296 of 3910 Re: Any suggestions on negotiating price on 2007 525xi [kmeast] by Car_man HOST

Mar 04, 2007 (11:48 am)

Replying to: kmeast (Feb 25, 2007 8:17 am)
Greetings kmeast. There is a pretty big spread between the MSRP and dealer invoice price of the car that you are interested in. You are being given a discount of $2,000 on this car, but I would not be surprised if this was still $3,500 over invoice. I personally would shop around a little bit to see if this is as low a price as you can get on this car in your area. It wouldn't hurt to comparison shop a little bit. Make sure to stop by the following discussion to see how much other community members have paid for similar cars recently: "BMW 5-Series: Prices Paid & Buying Experience". BMW is not currently providing any cash incentives on the '07 525xi.
 
The money factor that you were quoted looks good to me, but you really are making too large a down payment on your lease. I always advise consumers not to make any sort of down payment when leasing because if their leased vehicle is totaled in an accident or stolen and never recovered, their is a good chance that they down payment will just disappear. You can and should lease any vehicle that you want without making any sort of capitalized cost reduction.
 
Car_man
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Prices Paid Forum

#1297 of 3910 Re: Need Advice on Lease? [grjohnsonjr] by Car_man HOST

Mar 04, 2007 (11:49 am)

Replying to: grjohnsonjr (Feb 26, 2007 3:03 pm)
Hi grjohnsonjr. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what these numbers are.
 
Car_man
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Prices Paid Forum

#1298 of 3910 Re: MF question [99_528i] by Car_man HOST

Mar 04, 2007 (11:51 am)

Replying to: 99_528i (Mar 01, 2007 7:42 am)
Hi 99_528i. Here' is the information on the new March lease program that you're looking for. BMW Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 530i with 15,000 miles per year are .00095 and 60%, respectively.
 
Car_man
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Prices Paid Forum

Messages Page 130 of 392

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