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BMW 5-Series Lease Questions

2603 messages,  Last post on Dec 04, 2009 at 3:01 AM

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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#1674 of 2603 Re: 550i Lease numbers [tnguy1] by Car_man HOST Jan 10, 2008 (3:49 am)
Replying to: tnguy1 (Jan 08, 2008 12:08 pm) Hi tnguy1. You never mentioned the selling price of the 550i that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy give you my opinion of this deal if you let me know what its selling price is.   For now I can tell you that the money factor that you were quoted for this car is correct for non-returning BMW FS customers who have their security deposit waived.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1675 of 2603 550i by tnguy1 Jan 10, 2008 (12:15 pm)
Car_man,   Thanks for your input. The selling price is 67500. So the gross capitalized cost is 68198 (67500 + 625 acq fee + 45 doc fee + 28 DMV titling fee). Cap cost reduction is 850. Adj cap cost is 67348. Resid value is 42071. Tax is 8.75%. Thanks Car_man.   tnguy1 Replies to this message: Car_man (Jan 11, 2008 2:18 am)
#1676 of 2603 Re: Money Factor for first time BMW owners [Car_man] by loveandlight Jan 10, 2008 (4:26 pm)
Replying to: Car_man (Jan 10, 2008 3:25 am) Thanks Car_Man!   I ended up getting a pretty good deal on a 2008 535i. Thanks for all your help everyone, this site is awesome!!!   MSRP $60,670 I paid $57,705 No sales tax - (end of year tax credit) no security deposit MF .0024 $1000 back from BMW used for down payment Monthly payment $781 36month/12,000 mile lease - 62% residual Replies to this message: sls1 (Jan 10, 2008 5:05 pm) dark_katana (Jan 10, 2008 5:15 pm) sls1 (Jan 10, 2008 5:50 pm) pagelmunda (Feb 04, 2008 12:56 pm) dark_katana (Jan 10, 2008 5:16 pm) Car_man (Jan 11, 2008 2:20 am)
#1677 of 2603 Re: Money Factor for first time BMW owners [loveandlight] by sls1 Jan 10, 2008 (5:05 pm)
Replying to: loveandlight (Jan 10, 2008 4:26 pm) Does BMW require payment of the acquisition fee for current owners? If so, should I be paying that separately or should that be rolled into cost?   I was offered the following deal 2008 535i, premium package, sirius, ipod adaptor MSRP- 52870 Cap Cost-50,870 24 months 12,000 miles per $0 down and no security $640 plus tax (out of pocket is first, tax, tag and acquis fee of $625 Good deal? Replies to this message: dark_katana (Jan 10, 2008 5:15 pm) sls1 (Jan 10, 2008 5:50 pm) pagelmunda (Feb 04, 2008 12:56 pm)
#1678 of 2603 Re: Money Factor for first time BMW owners [sls1] by dark_katana Jan 10, 2008 (5:15 pm)
Replying to: sls1 (Jan 10, 2008 5:05 pm) Everybody pays the acquisition fee, current owners included. You can pay it up front or roll it into the lease. Personally, I like to pay it up front along with tax and security deposit if any so that the only thing my poor brain has to calculate for the lease payment is the cap cost. Replies to this message: sls1 (Jan 10, 2008 5:50 pm) pagelmunda (Feb 04, 2008 12:56 pm)
#1679 of 2603 Re: Money Factor for first time BMW owners [loveandlight] by dark_katana Jan 10, 2008 (5:16 pm)
Replying to: loveandlight (Jan 10, 2008 4:26 pm) Awesome deal loveandlight! Enjoy.
#1680 of 2603 Re: Money Factor for first time BMW owners [dark_katana] by sls1 Jan 10, 2008 (5:50 pm)
Replying to: dark_katana (Jan 10, 2008 5:15 pm) That's what I thought. Thanks
#1681 of 2603 Re: 550i [tnguy1] by Car_man HOST Jan 11, 2008 (2:18 am)
Replying to: tnguy1 (Jan 10, 2008 12:15 pm) You're very welcome, tnguy1. OK, so you were quoted a selling price of $67,500 on a 2008 BMW 550i that has an MSRP of $69,470. This amounts to a discount of just under $2,000. This car probably has a spread of around $5,500 or so between its MSRP and its dealer invoice price. So that puts the price that you were quoted at around $3,000 over invoice. I am not intimately familiar with what the market is like for the 550i right now, but that's enough room that if there is another BMW dealership to two in your area it wouldn't hurt to shop around. Also, make sure to stop by the "BMW 5-Series Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars lately.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1682 of 2603 Re: Money Factor for first time BMW owners [loveandlight] by Car_man HOST Jan 11, 2008 (2:20 am)
Replying to: loveandlight (Jan 10, 2008 4:26 pm) No problem, loveandlight. Thanks for stopping back and sharing the details of your lease with everyone. Make sure to visit the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your cool new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1683 of 2603 Good deal or NOT ..part 2 by claire_m Jan 11, 2008 (1:03 pm)
for an '08 528i w/ premium and cold weather packages + park distance control on a lease RETURN car (14K miles already on car). 24 month lease $5k up front $450/month (includes tax, my tax rate is$ 8.75%)   need to decide ASAP. please offer much needed ADVICE! I'm a bit hesitant on a "used" lease car.. is this a good deal? THANK YOU!! Replies to this message: x021627 (Jan 12, 2008 12:56 pm)

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