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BMW 5-Series Lease Questions

2598 messages,  Last post on Dec 03, 2009 at 3:56 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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#1677 of 2598 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 2598 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 2598 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 2598 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 2598 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 2598 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 2598 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)
#1684 of 2598 Re: Good deal or NOT ..part 2 [claire_m] by x021627 Jan 12, 2008 (12:56 pm)
Replying to: claire_m (Jan 11, 2008 1:03 pm) claire: you are buying down the monthly lease rate, by reducing your capitalized cost with the $5k down. You should look to never put any money down on a lease. You didn't mention the selling price as well as the residual and money factors the dealer is charging you. hard to know if it's a good deal without it. I'd like to see the maintenance records on this car and you can also try CARFAX since the 14K miles were put on in a very little period of time. You could probably due better on an new vehicle. they are alot of smart folks on this board that can give you better responses then I, but I just mentioned a few things I have learned so far on this board.   Good Luck! x021627
#1685 of 2598 535xiT Lease by bokonon Jan 12, 2008 (2:08 pm)
535xi Touring Premium Package Cold Weather Package Sirius Navigation Park Distance Control MSRP $61,270 Invoice (including $775 destination, $180 training, and $300 MACO) = $56845   Dealer offered $1500 over invoice = $58345 MF=.00225 base rate - .00045 loyalty - .00049 multiple security deposit =.00131 Residuals = 69% for 30 months or 63% for 36 months (both 10K miles per year)   Dealer wants to mark up acquisition fee from $625 to $825, but I hope to knock that down.   I didn't get all the way down to 2% over invoice, but good deal?
#1686 of 2598 2008 528i lease in Cook Cty, IL by flenhoff Jan 12, 2008 (3:39 pm)
I'm looking for a 2008 528i with leather (or premium package) and cold weather package (or heated front seats, at least). 10,000 miles/yr and $0 down.   We're also trading in our 2005 525i (same car as above); it has 14,000 miles.   Of the 4 dealers I'm talking to, the best offer is $667/month. Comments?   Thanks! Replies to this message: x021627 (Jan 12, 2008 7:46 pm)

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