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BMW 5-Series Lease Questions

2605 messages,  Last post on Dec 06, 2009 at 5:24 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1478 of 2605
Leasing 550i by rster
Oct 29, 2007 (7:39 am)
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Hi Experts !
  
I've been offered the following deal in edison,nj and want to verify if I'm getting a good deal or if I should
shop some more.... Ive been shopping around for more than 2 months, and i think deal is a solid one...
  
 
2008 550i
MSRP $70620 (don't know selling price)
$1700 drive off(dealer waived doc fee) plus THE 7 Multiple security deposits of $900 each. so the grand total of $8000 from which $6300 are refundable MSD's.
36 months
12K miles
$880 month (NY tax included)
  
Thanks for your help,
#1479 of 2605
Re: Leasing 550i [rster] by lovemyclk
Oct 31, 2007 (12:34 pm)
Reply

Replying to: rster (Oct 29, 2007 7:39 am)

Don't know your cap cost and you are putting $8K on a lease?? Doesn't sound like a great way to begin your BMW relationship! Your money is tied up in a leased vehicle - would purchase if you want to invest that sort of money... IMO.
#1480 of 2605
Re: Leasing 550i [lovemyclk] by thegre8tone
Oct 31, 2007 (3:28 pm)
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Replying to: lovemyclk (Oct 31, 2007 12:34 pm)

They're not putting down 8K on a lease...It's multiple security deposits...They bought down the money factor which equates to about a ~9% rate of return before taxes over the life of the lease...$6300 is returned at the end of the lease. Definitely would not purchase that car since the F10 will be out within the next few years...Therefore driving down the value of the e60 even more.
 
BTW, it sounds like a pretty good deal to me...Good job on using the MSD's...
#1481 of 2605
Re: Leasing 550i [thegre8tone] by lovemyclk
Nov 01, 2007 (5:24 am)
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Replying to: thegre8tone (Oct 31, 2007 3:28 pm)

So, who holds on to the money over the term of the lease? What was the cap cost?
#1482 of 2605
Re: loyalty program discount [richardga73] by jmcmbz
Nov 01, 2007 (8:41 am)
Reply

Replying to: richardga73 (Oct 20, 2007 6:08 pm)

I was told by my dealer that the loyalty program is for current BMWFS customers OR those who's financing has been within the past 6-months. Does anybody have NOV Lease rates yet?
#1483 of 2605
Re: loyalty program discount [richardga73] by jmcbmw
Nov 01, 2007 (8:43 am)
Reply

Replying to: richardga73 (Oct 20, 2007 6:08 pm)

I was told by my dealer that the loyalty program is for current BMWFS customers OR those who's financing has been within the past 6-months. Does anybody have NOV Lease rates yet?
#1484 of 2605
lease end by macdad
Nov 01, 2007 (9:12 am)
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I have a 24 month lease coming to an end (Dec. 29).
 
If I choose to lease again is my original security deposit returned with no requirement for a new security deposit or is my original deposit rolled over to the new lease?
 
What is the current loyalty program/discount - if any?
 
Can you still do multiple security deposits and what is the value of each deposit?
 
Thank you
#1485 of 2605
535xi lease by efromme
Nov 01, 2007 (9:21 am)
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2008 535 xi with premium, sport, nav, and Ipod. 10k / 36 months 785/month including tax with 2300 at signing.(NO CAP COST REDUCTION) Is this any good??
#1486 of 2605
Re: lease end [macdad] by sls1
Nov 02, 2007 (3:24 pm)
Reply

Replying to: macdad (Nov 01, 2007 9:12 am)

macdad, I have a similar issue.
 
My 24 month lease on my 2006 530i expires in January. I'm currently paying $592.00 a month plus tax. I'm under the miles so that is not an issue. I'm very happy with the car but not sure what I should do when the lease expires.
Should I lease a 2008 535i? or does it make more sense to extend my current lease?
#1487 of 2605
Re: lease end [sls1] by carnaught
Nov 02, 2007 (3:43 pm)
Reply

Replying to: sls1 (Nov 02, 2007 3:24 pm)

Should I lease a 2008 535i? or does it make more sense to extend my current lease?
 
See what the money factor and monthly payments are being a previous BMWFS customer. You may find them to be more favorable with the new model as your old lease. The new 535 has subtle but nice changes and improvements and is awesome. I'd highly recommend it.

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