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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
1977 messages, Last post on Aug 30, 2008 at 6:04 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: sls1 (Nov 02, 2007 4:24 pm) For my own lease- First I need to know the MF/R for November to have some numbers to work with (my lease is up Dec 29th). It would seem BMW would see the value in offering current customers a discount to keep them but I only see it show up here occasionally. My thinking is to add multiple security deposits to a discounted MF (if allowed). I already have my previous security deposit available and I understand a sec. dep. is not required for a returning customer. BMW has a high residual but the payment can really affected by the MF. If you add up a high residual, no new sec. dep., a loyalty discount on the MF + multiple security deposits - you could come away with a very attractive lease. I will have to wait and see what info shows up here. My car is scheduled for regular brake fluid service in a couple of days so I may ask when I am there. I have considered purchasing my car at lease end so I will let my salesperson know this to keep him honest (although he was very straightforward to deal with the first time around). I have talked to two associates who attend one of the largest auctions in the country (Orlando,FL) on a weekly basis and my lease end payoff is not that far from what they can get my same car for after their fee plus the auction fee. I would bypass a dealer completely but both of them put a real value on the fact that I am the owner of my car and know its condition. Sorry for the long post - just getting opinions macdad
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| I got a great lease from BMW of Mountain View for a 2007 525i with Sport, Premium, and Nav, for just $510/month. The lease has 16 months remaining on it with 22,000 remaining miles. Fully transferable lease from BMW financial. If you are in the Bay Area and interested please let me know 650-224-2958. Thanks. | |
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Replying to: macdad (Nov 02, 2007 8:39 pm) My salesman says the MF for a current customer is around .0190 and multiple security deposits are available. He recommended I talk to the finance person to confirm which I will do this week. macdad
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Replying to: macdad (Nov 05, 2007 10:29 am)
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Replying to: carrerah (Nov 05, 2007 10:36 am) 24 mo - 71%R and .00225 MF 36 mo - 60%R abd .00225 MF I think BMWFS is a pass/fail for credit (it was on my lease) |
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Replying to: kulaso (Nov 04, 2007 5:12 pm) Any accidents or damages?
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I read somewhere on Bimmerfest or E60.net that current rates on a purchase were running from, what was it, 3.9% on all 5-series and 4.9% on the M5. I can't for the life of me find the link/reference now. Are those rates correct? Does anybody know? Again, those are purchase rates, not leases.
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Replying to: green_apple (Nov 05, 2007 12:57 pm) |
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Replying to: rster (Oct 29, 2007 8:39 am) So selling price is probably the one variable that you can easily shop with all others being constant. I ordered a very similar car and didn't do the multiple security deposits because it's from NY dealer and they said they cannot. I didn't realize that a NJ dealer selling to a NY customer could do it. I am getting 15K miles per year on a similar priced car (I assume you are getting the 550i sport for the price I saw listed). My deal was based on invoice plus 1450. I did not qualify for BMW loyalty rate on MF. Are you getting that? My payment is about 200 more per month for 36 mos. I'm not sure why your payment would be so much less (msd's will reduce the payment). But it seems like a great deal from here.
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Replying to: kulaso (Nov 04, 2007 5:12 pm)
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