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BMW 5-Series Lease Questions

3941 messages,  Last post on Jun 16, 2013 at 11:51 PM

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

Messages Page 17 of 395

#160 of 3941 Re: HELP! How's this deal? I want the car! [kyfdx] by jmcmbz

Nov 20, 2005 (2:18 am)

Replying to: kyfdx (Nov 11, 2005 5:32 am)
So, I got the car and it's beautiful. I'm not in love like I was with my 2001 330i SportPkg but it's definately a step up from my MBZ C-class that I had for 1 year. The security deposit was lowered to $650 incidentally.
 
Picked the car up and drove to the Bay Area and back for a 1000 mile trip. Got a nasty chip on the winshield which sucks! Mileage was great (avg 27mpg for trip). I'm a little sorry I did not get the sport package. A bit floaty here and there but very smooth. Was wondering if anyone can recommend some good summer tires to replace the all-season Continentals to maybe increase handling and stability. Was thinking Michelin PS2's or Bridgestone RE750's.
 
Anyway, kyfdx, my question is, does it look like I could have gotten the same car for almost the same (or less) payment on the 24 month lease had I waited one week? I would have prefered this had I known about it. Maybe I don't want to know. In all my research I had never noticed BMW change lease offers mid-month like this.
 
Thanks again for the insight.

#161 of 3941 Re: HELP! How's this deal? I want the car! [jmcmbz] by kyfdx HOST

Nov 20, 2005 (5:58 am)

Replying to: jmcmbz (Nov 20, 2005 2:18 am)
The 24 month deal isn't new.. It has been available all along... It is the same money factor as the 36 month deal, but with a residual 11% higher...
 
That is a relatively good deal for a 24 month lease... Usually 24 month leases are much more expensive than 36 month leases.. In this case, the two terms are relatively the same price.. but, when you lease for two years, any fees (like the acquisition fee), get amortized over 24 payments, instead of 36, and that tends to push the pendulum back in favor of the 36 month lease... You may have been able to get about the same payment for 24 months, but I doubt it would have been lower.. It wouldn't be a substantial difference, either way..
 
I understand the lure of a 24 month lease.... I like to trade cars as much as anyone.. but, if you get a really good deal on a lease, keeping it for 36 months is a good thing.. there is no guarantee that you'll be able to get that low of a payment the next time around.
 
regards,
kyfdx
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#162 of 3941 Re: HELP! How's this deal? I want the car! [jmcmbz] by ktran

Nov 20, 2005 (10:15 am)

Replying to: jmcmbz (Nov 10, 2005 10:40 pm)
jmcmbz,
 
I tried to enter the same package on the 525i into Edmunds and the MSRP and invoice price (including Destination) were $50,415 and $46,175. The discrepancy with your numbers was due to your base MSRP was $41,800 but on Edmunds it was listed for $42,500. So your $47,000 selling price is actually very nice. Congratulations on your new car.

#163 of 3941 Re: HELP! How's this deal? I want the car! [ktran] by jmcmbz

Nov 20, 2005 (11:18 am)

Replying to: ktran (Nov 20, 2005 10:15 am)
Thanks ktran! I am happy with the deal. My car was a pre-September price increase so that is where the discrepancy lies.
 
You're right kyfdx. I'm sure I can be happy for 3 years with this car. Of course, I'm already wondering what changes or advancements may occur in the next couple of years but that's what "car porn" (as my wife calls it) is for. With my old E46, I ended up liking the syling of my 2001 better than the mild updates for 2002+.

#164 of 3941 Price of current BMW 525 36 and 24 month lease by bmwdoug

Nov 21, 2005 (5:53 pm)

What would the payments be on a 2006 525 that has an MSRP of $52,505, and a purchase price of $50,000. The tax rate is 7.75%. I would like to know the payments, money factor, and residual for both the 36 month lease and 24 month lease. Can someone help Thank you. Here are the basics:
 
MSRP $52,5050
Purchase $50,000
Tax is 7.75%
Options:
automatic
sports package
premium package
navigation
power sun shade
xeons
rear side airbags
folding rear seat

#165 of 3941 Re: Price of current BMW 525 36 and 24 month lease [bmwdoug] by kyfdx HOST

Nov 21, 2005 (6:13 pm)

Replying to: bmwdoug (Nov 21, 2005 5:53 pm)
bmwdoug.. you left out the mileage allowance..
 
regards,
kyfdx
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#166 of 3941 Re: Price of current BMW 525 36 and 24 month lease [kyfdx] by bmwdoug

Nov 21, 2005 (7:15 pm)

Replying to: kyfdx (Nov 21, 2005 6:13 pm)
Kfdx, thank you. I did forget the mileage allowance. I am talking about 15,000 miles per year. So, again here are the basics:
 
MSRP $52,5050
Purchase $50,000
Tax is 7.75%
Mileage is 15,000 miles per year
Length is 36 months
Length is 24 months
Options:
automatic
sports package
premium package
navigation
power sun shade
xeons
rear side airbags
folding rear seat

#167 of 3941 Re: Price of current BMW 525 36 and 24 month lease [bmwdoug] by kyfdx HOST

Nov 21, 2005 (7:46 pm)

Replying to: bmwdoug (Nov 21, 2005 7:15 pm)
'06 525i
$52505 MSRP
$50000 Selling price
$50625 Cap cost (selling price + acq.fee)
money factor .0016
3yr/45K lease
residual 60%
payment = $663/mo.+ 7.75% tax = $715/mo.
2yr/30K lease
Residual 71%
payment = $697/mo.+ 7.75% tax = $751/mo.
 
Due at signing = 1st payment + security deposit + title/license fees = Approx. $1700-$1800.
 
regards,
kyfdx
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#168 of 3941 Re: Price of current BMW 525 36 and 24 month lease [kyfdx] by bmwdoug

Nov 21, 2005 (7:51 pm)

Replying to: kyfdx (Nov 21, 2005 7:46 pm)
Wow, that was quick! Thank you Kfdx. You are a HUGE help on this Fourm. If you have time, I have one more question. What would the numbers be for 12000 miles per year?
 
Thank you.

#169 of 3941 Re: Price of current BMW 525 36 and 24 month lease [bmwdoug] by kyfdx HOST

Nov 21, 2005 (7:58 pm)

Replying to: bmwdoug (Nov 21, 2005 7:51 pm)
$685/mo. and 708/mo. for 36 and 24 months respectively... tax included..
 
regards,
kyfdx

Messages Page 17 of 395

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