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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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#1634 of 2596
Re: Here's how I did [dark_katana] by pagelmunda
Dec 31, 2007 (3:42 am)
Reply

Replying to: dark_katana (Dec 30, 2007 4:43 pm)

Thanks much dark katana. Is there anyone in particular at the dealership you spoke with? Best wishes for the new year.
#1635 of 2596
Re: Here's how I did [pagelmunda] by dark_katana
Dec 31, 2007 (7:39 am)
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Replying to: pagelmunda (Dec 31, 2007 3:42 am)

Rules say I can't provide salesperson names pagelmunda. That being said, I'm reminded of that old song--"Hey Hey Paula." Also, for some reason, I'm thinking of the current president of Mexico, I think his last name is Calderon.
 
It sure would be nice if you could PM people here at car space, like on other forums.
#1636 of 2596
Re: Good deal..or NOT?! [dark_katana] by claire_m
Dec 31, 2007 (8:40 am)
Reply

Replying to: dark_katana (Dec 30, 2007 6:15 pm)

ooh, THANKS for doing the math. I'm in Los Angeles, CA (tax is 8.25). I was confused because he said that the residual was 79% and MF was .0024...is this even possible? (i would be a new bmw leasee, not qualify for loyalt prog). I was asking for monthly to be $420/month...which would put it a healthy +5% over invoice, a fair offer. Also, I didn't want premium package, just leather and Xenon headlights and he said BMW doesn't offer cars w/out packages...?! He wouldn't budge (didn't have to) because they had sold out of all inventory of 528i because of the $1k incentive...thanks to you, I'm definitely going to check around. Happy New Year!
#1637 of 2596
Re: Good deal..or NOT?! [claire_m] by dark_katana
Dec 31, 2007 (8:52 am)
Reply

Replying to: claire_m (Dec 31, 2007 8:40 am)

BMWFS is certainly not offering 79% residuals and a regular bank has no incentive to subsidize leases so aggressively. In any event, there's no way that the payment the dealer quoted would equate with a 79% residual with $5000 down and the additional $1000 incentive from BMW even including the taxes.
 
Keep looking. Any dealer can order the car for you from Germany and you can still lock the rate if you sign before 01/02/08. You might lose the $1000 incentive from BMW (that only applies to cars in current inventory), but you can make that up by some hard bargaining.
 
Good luck.
#1638 of 2596
Re: Here's how I did [dark_katana] by kyfdx HOST
Dec 31, 2007 (9:19 am)
Reply

Replying to: dark_katana (Dec 31, 2007 7:39 am)

Every member has a CarSpace.com e-mail account. Their e-mail address is always membernameCarSpace.com
 
You can access your own e-mail account via the mailbox tab at the top right of the page.
 
regards,
kyfdx
#1639 of 2596
Re: Here's how I did [kyfdx] by masterfung
Dec 31, 2007 (8:07 pm)
Reply

Replying to: kyfdx (Dec 31, 2007 9:19 am)

Can we get the BMW MF and residuals for Jan on 535xi? 15 miles and 36 months. Thank you!
 
  Looking to buy in Colorado.
#1640 of 2596
Re: Here's how I did [masterfung] by phoenixaz
Jan 01, 2008 (10:24 am)
Reply

Replying to: masterfung (Dec 31, 2007 8:07 pm)

For the veterans....do the residuals decrease and money factors typically increase after January 2nd? I'm thinking about ordering me 535i tomorrow (jan 2) before the rates change. Are the current rates pretty good or do you expect them to take a turn for the better in Jan? Thanks
#1641 of 2596
Re: Here's how I did [phoenixaz] by carnaught
Jan 01, 2008 (11:10 am)
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Replying to: phoenixaz (Jan 01, 2008 10:24 am)

They told me when I ordered that the rate at the time I order will hold unless the rate decreases when I take delivery in which case I would get the lower rate. Yours should be the same.
#1642 of 2596
Re: Here's how I did [carnaught] by dark_katana
Jan 01, 2008 (12:14 pm)
Reply

Replying to: carnaught (Jan 01, 2008 11:10 am)

That's usually the way it works. My opinion however (and it's only my uninformed opinion so take it with a grain of salt) is that the rapid decline of the Dollar vs. the Euro is eventually going to have some effect on BMW prices or finance terms and that we're likely to see that take place in early 2008.
 
It should also be noted that the 5 Series is set for a major redesign in 2009 so those of us buying or leasing 2008s will be driving an obviously older model as soon as 18 months from now and those of you who wait until later in the year to lease or buy will be driving the old model even longer.
 
Just some things to factor in if you are thinking about holding off until January.
#1643 of 2596
Re: Here's how I did [dark_katana] by carnaught
Jan 01, 2008 (12:52 pm)
Reply

Replying to: dark_katana (Jan 01, 2008 12:14 pm)

It should also be noted that the 5 Series is set for a major redesign in 2009 so those of us buying or leasing 2008s will be driving an obviously older model as soon as 18 months from now and those of you who wait until later in the year to lease or buy will be driving the old model even longer.
 
I agree. That's the way I've played it when my 24 mo. 2008's lease is up.

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