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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
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Replying to: builderguy (Dec 28, 2007 4:02 am) 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, bsminc Thanks!! |
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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.
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Replying to: dark_katana (Dec 29, 2007 12:39 am) 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.
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Replying to: loveandlight (Dec 29, 2007 10:33 am) That is accurate...
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Replying to: builderguy (Dec 28, 2007 4:36 am)
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Replying to: kyfdx (Dec 29, 2007 2:42 pm) 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?
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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? |
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Replying to: rothsran (Dec 29, 2007 6:11 pm) |
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Replying to: beemerseeker (Dec 29, 2007 6:51 am) 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. |
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Replying to: janus010 (Dec 29, 2007 8:46 pm) IMHO, go for it.
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