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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2604 messages, Last post on Dec 04, 2009 at 7:18 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| my current lease is up in January 2008. I was told that BMW had discontinued their Owner Loyalty program. Today, a dealer called and indicated that it was reinstated. Does anyone know the date of announcement of the extension of the program? | |
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I am planning to lease a 535i .I have called up a number of dealers in CA and they all calculate the Money Factor as .00265.Most people on the forum are saying the MF is .00225.Which dealer in CA is giving .00225? Also the acquisition fee is $825 for everyone and no one is willing to take less(so I guess thats an extra $200 to them!) |
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Replying to: jamesd553 (Dec 17, 2007 1:58 pm) What was the drive away cost finally? Thanks!
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Replying to: pattyp2 (Dec 24, 2007 6:37 pm) |
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My deal today (current customer with lease ending this month) 528 white w/cream Premium Xenon MSRP 48175 Selling Price 46000 BMW incentive -1000 590/mo tax incl. No deposit for current customer. 825 acq. and 480 doc's. Compared Acq. and Doc's to many dealers in central and south Florida and this is very common and less than most locally. Many wanted to bump money factor and were charging dealer fees of 599. |
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Replying to: Car_man (Dec 19, 2007 3:07 am) The sales tax ($2,513.5) and acquisition fee ($825) are added into the cap cost. This pushes the price to $740 per month. The sales tax has to be payed initially in Maryland, and it is 5% of the MSRP. Does this sound about right? |
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2008' BMW 528i Premium pkg & Xenon lights White/Beige MSRP $48,175 Residual 76% $36,613 M.F. Estimate 0.00225 Term 24 months Toatal MSRP Discounts 48,175 - 2,000 = 46,175 Additional Equip $0 Capped sales tax $0 Trade Equity as Cap red $0 Cash Cap red/rebate appl $2,400 Capped fees $1,324 ADJ CAP COST $45,099 Base Payment $537.43 Monthly Sales Tax(6.0000%) $32.25 Payment Estimate $569.68 Drive off Up Front Payments $569.68 Security Deposit $600 Cap Cost Reduction $1400 Up Front Fees $220.49 Cap Red/Rebate Tax $144 Up Front Sales Tax $0 Cash Due on Lease $2,934.17 Trade Equity to COD $0 Rebate $0 Deposit $0 Misc. $0 Customer Cash $2,934.17 Cash Due at Delivery Estimate $2,934.17">link title |
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| Was orig. not going to "post" but learned so much from this site i felt obliged to. Test drove 528i past Tues NNJ . Dealer wasnt great so i did some "shopping". Found most were willing to "deal" ..Overall very easy purchase. What I got..2008 528i..prem & cold weather..Monaco blue & beige leather..48125 msrp..I paid invoice minus $500.00..Yes, we split the 1k bmw lease rebate....24 month lease..$525.00 per month taxes included...15k per year..3k down...( no security, they bumped money factor a tad..) 73% res.. Cant say I could have been treated any better from dealership..Price was great but they treated me rite & that counts for alot..Gave me fair price on trade...etc...1 nnj dealer ( who shall remain nameless) could learn from them! hate dealers & managers who say anything to sell a car..these guys were great...& what a car!! Hope this helps someone.. | |
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Replying to: builderguy (Dec 28, 2007 4:02 am)
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Replying to: loveandlight (Dec 21, 2007 9:49 am) So far, your deal sounds pretty good. What's the money factor and residual?
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