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BMW 5-Series Lease Questions

2596 messages,  Last post on Dec 01, 2009 at 12:45 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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#1612 of 2596
Re: 528 lease nj [builderguy] by beemerseeker
Dec 29, 2007 (6:18 am)
Reply

Replying to: builderguy (Dec 28, 2007 4:02 am)

Hello builderguy,
It is funny because I started my shopping on the same day for just about the same model. I was very dissatisfied with the first dealership and then traveled to the second. I ended up with a very high number to start with and take to my research.
Please share the dealership and even the salesmen who was able to pull off such a seemingly great deal. If you do not want to post online, please email me, bsmincaol.com
Thanks!!
#1613 of 2596
PLEASE HELP [Car_man] & ALL by beemerseeker
Dec 29, 2007 (6:51 am)
Reply
Hello All,
 
I am a leasing newbie. I am looking for info on two vehicles, the 2008 528xi and the x3. I appreciate all of the postings from you all as they have been extremely informative. I am not going to be able to take advantage of the incentive for 12/07 because I will not be able to purchase until mid-end of January.
 
I live in NNJ and would like to find out this info because according to this forum this is what I need in order to negotiate this purchase:
1 - Invoice price on a 528xi w/nav & cold pkgs, the money factor, residual percentage, and any January incentives you may know about. Looking to lease for 24/36 mos whichever works out better with 15k/yr
. Also, info adding prem pkg as well.
2 - Invoice price on a x3 w/nav & cold pkgs, the money factor, residual percentage, and any January incentives you may know about. Looking to lease for 24/36 mos whichever works out better with 15k/yr
 
Thanks, also any tips or rec's for dealerships and salepersons and also other deals made are appreciated.
#1614 of 2596
Re: 2008 535i Lease... Help Please [dark_katana] by loveandlight
Dec 29, 2007 (10:33 am)
Reply

Replying to: dark_katana (Dec 29, 2007 12:39 am)

Hi dark_katana, hope you had a good vacation!
 
We haven't done the paperwork yet, (Monday) but I will only accept no more than .00225 for the money factor, it has a 62% residual.
 
Does being a first time BMW owner have anything to do with paying a security deposit? I was wondering because another dealer told me that I could only get the .00225 money factor if I was a previous BMW owner or if I pay a security deposit.
#1615 of 2596
Re: 2008 535i Lease... Help Please [loveandlight] by kyfdx HOST
Dec 29, 2007 (2:42 pm)
Reply

Replying to: loveandlight (Dec 29, 2007 10:33 am)

another dealer told me that I could only get the .00225 money factor if I was a previous BMW owner or if I pay a security deposit.
 
That is accurate...
#1616 of 2596
Re: 528 lease nj [builderguy] by rothsran
Dec 29, 2007 (6:11 pm)
Reply

Replying to: builderguy (Dec 28, 2007 4:36 am)

Builderguy (and anyone else out there), I'm about to enter the market for a 535xi in Northern NJ (I live in Livingston) and would greatly appreciate any guidance as to dealerships that are worth my time (I want to try to cut out the bs). Thanks so much and have a happy new year!
#1617 of 2596
Re: 2008 535i Lease... Help Please [kyfdx] by loveandlight
Dec 29, 2007 (7:35 pm)
Reply

Replying to: kyfdx (Dec 29, 2007 2:42 pm)

Thanks for the info!
 
So if I don't pay the security deposit, how much does the MF go up from the base rate of .00225? I was wondering if a money factor of .0024 is good to accept?
#1618 of 2596
BMW 535i Lease by janus010
Dec 29, 2007 (8:46 pm)
Reply
Latest Deal offered by PA dealer:
2008 535i - CW, Premium, SP, Nav, Ipod.
MSRP is 58125.
Lease is for 12k/yr 24mo.
$5000 down which includes all fees etc.
$640/mo.
73% residual
Rate: .00225
 
Good deal or not. Other dealers said they couldnt even come close to it. What do you all think?
#1619 of 2596
Re: 528 lease nj [rothsran] by builderguy
Dec 30, 2007 (4:11 am)
Reply

Replying to: rothsran (Dec 29, 2007 6:11 pm)

Bell BMW. Newton NJ...Sales gal is Judi..sales manager Jim.. Real good people. Both straight shooters
#1620 of 2596
Re: PLEASE HELP [Car_man] & ALL [beemerseeker] by tuacmxa
Dec 30, 2007 (7:18 am)
Reply

Replying to: beemerseeker (Dec 29, 2007 6:51 am)

BEEMERSEEKER,
 
I am looking for the same deal you are on the 528xi and I am in NNJ - Randolph. Did you get any numbers yet? I am curious on both the 24 and 36 month being that the new body still is coming out in 2 years.
#1621 of 2596
Re: BMW 535i Lease [janus010] by carnaught
Dec 30, 2007 (7:23 am)
Reply

Replying to: janus010 (Dec 29, 2007 8:46 pm)

Compared to my lease deal it is fantastic.
 
IMHO, go for it.

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