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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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#1576 of 2605
Re: 535xi lease rate [gaawb1] by dark_katana
Dec 15, 2007 (8:10 am)
Reply

Replying to: gaawb1 (Dec 15, 2007 7:13 am)

Glad to help. The 535xi is a great car, even better when you can save a bundle.
#1577 of 2605
Re: 535xi lease rate [gaawb1] by smithsonga
Dec 15, 2007 (8:15 am)
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Replying to: gaawb1 (Dec 15, 2007 7:13 am)

gaawb1:
 
Most of this deal is MUCH improved. I noticed their doc fee is very low, so that makes up for the $200 higher ACQ fee....gave and take. Net the same for the dealer.
 
My only question is where is the $1000 BMW incentive in this deal? Is that how they got to that sales price? If so, they should get to that sales price and THEN remove the $1000 incentive. I cannot tell from your description if they did this.
 
You can run the #s through an online lease calculator to see if it all is correct.
 
Also, when you are completely satisfied with the deal, have it all in written that you understand and walk through it step by step in the finance managers office when you are asked to sign the contract. Be sure it is exactly as you expect. There can be mistakes, intentional or not.
 
After that, congrats on the Bimmer!!
#1578 of 2605
Re: 535xi lease rate [smithsonga] by gaawb1
Dec 15, 2007 (8:42 am)
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Replying to: smithsonga (Dec 15, 2007 8:15 am)

Yes. Forgot to mention that. The $1000 incentive is in addition to the 2% over invoice sale price. That's how my final payment lowers to $748.74. This was actually key becuase the security deposit ended up being $750 (they round up to the nearest $50) instead of $800. When you pay that many security deposits ( 8 total), the diiference ($50 x 8 = $400) really helps with what's due at signing.
 
I picked up the car yesterday so it is all done. Thanks a bunch.
#1579 of 2605
Re: 2008 535i Lease... Help Please [dark_katana] by loveandlight
Dec 15, 2007 (9:14 am)
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Replying to: dark_katana (Dec 15, 2007 8:04 am)

Thanks for your help dark_katana! I am walking away from the deal. I didn't feel good about the numbers. Now I can look for a 535i with a few more options because I know what to deal for. Do you think it is best for me to just pay my remaining payments myself on my current car and do the new car separately? Also, are the dealer "maco" fees iincluded in the invoice or shoud I add them on top of the invoice and deal from there?
#1580 of 2605
Re: 2008 535i Lease... Help Please [loveandlight] by dark_katana
Dec 15, 2007 (9:52 am)
Reply

Replying to: loveandlight (Dec 15, 2007 9:14 am)

It would be much better to just pay the lease off yourself if you've got the money. Since your current lease payments include an interest component, you would be paying "interest on interest" if you rolled the lease payoff into your new lease.
 
Excellent question on MACO fees. For everybody else--MACO is a regional advertising fee dealers pay to BMWNA. It ranges from $200 - $400 dollars. There is usually very little negotiation with this number since it is a "real" cost the dealer incurs. MACO is added to the invoice price. My 2% over invoice target for Cap Cost includes MACO.
 
Remember that targets are just that--"targets". As in, you don't always hit them.
#1581 of 2605
Re: Leasing a 528i - how much per month shoud I pay? [habanero1] by pension
Dec 15, 2007 (12:45 pm)
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Replying to: habanero1 (Dec 12, 2007 7:49 am)

I got 24 months 24k miles for $499 pm $3k down. In Atlanta.
#1582 of 2605
Re: Leasing a 528i - how much per month shoud I pay? [pension] by carnaught
Dec 15, 2007 (2:21 pm)
Reply

Replying to: pension (Dec 15, 2007 12:45 pm)

I got 24 months 24k miles for $499 pm $3k down. In Atlanta
 
Need more information: What are all the options and MRSP, and the price that you are actually paying (or what your lease is based on). I assume that the 24k miles are 12k per year?
#1583 of 2605
Re: 535xi lease rate [carnaught] by philaudi08a6
Dec 15, 2007 (2:59 pm)
Reply

Replying to: carnaught (Dec 12, 2007 3:41 pm)

I would certainly try a website like leasetrader.com and check to see what people are paying as a monthly payment. Obviously, the only problem with this is that you have no idea what they put down or what they had as a trade. I just leased a 2008 Audi A6 with $3800 due on a LR3 lease and the monthly payment happens to be lower than what people are paying on leasetrader.com....At least its a starting point.
#1584 of 2605
Re: Leasing a 528i - how much per month shoud I pay? [carnaught] by pension
Dec 15, 2007 (3:28 pm)
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Replying to: carnaught (Dec 15, 2007 2:21 pm)

Base car with heated seats HD radio. $44,000. Yes 12k per year and 20 cents after. I will probably exceed by a little and pay $1,000 at end. While I work with numbers all day I 'm bemused by all the calculations I se on here. Basically I will shell out $15,099 in total(inc. deposit) over two years, with the free maintenance this is a great deal for a $45k car which would depreciate by that anyway. I buy all my other cars - BMW's lease is a no brainer.
#1585 of 2605
Is this a good deal??? by webba
Dec 15, 2007 (5:15 pm)
Reply
528i with premium package, sport package, navigation, xenon, heated front seats
MSRP: $53,375 (includes destination)
 
Selling price: $49,170 (includes destination and 1K rebate)
Term: 36 month with 12K per year
Residual: 62%
MF: 0.00225
Sales Tax: $2,513.5 (state tax is on selling price not just on depreciated amount)
Process fee: $100
2-years Tag: $270
Security deposit: $750
 
Dealer is saying $1,493.04 initial payment (includes first month and security deposit) and $743.04 (includes tax) per month afterwards, but according to my calculation the payment should be $718.27 (includes tax) per month. It seems like $1k is being added to the Net Cap cost. Could somebody verify this for me? and also do you think this is a good deal?
 
Thank you,

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