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BMW 5-Series Lease Questions

2577 messages,  Last post on Nov 10, 2009 at 10:32 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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#1682 of 2577
Re: Money Factor for first time BMW owners [loveandlight] by Car_man HOST
Jan 11, 2008 (2:20 am)
Reply

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 2577
Good deal or NOT ..part 2 by claire_m
Jan 11, 2008 (1:03 pm)
Reply
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!!
#1684 of 2577
Re: Good deal or NOT ..part 2 [claire_m] by x021627
Jan 12, 2008 (12:56 pm)
Reply

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 2577
535xiT Lease by bokonon
Jan 12, 2008 (2:08 pm)
Reply
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 2577
2008 528i lease in Cook Cty, IL by flenhoff
Jan 12, 2008 (3:39 pm)
Reply
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!
#1687 of 2577
Re: 2008 528i lease in Cook Cty, IL [flenhoff] by x021627
Jan 12, 2008 (7:46 pm)
Reply

Replying to: flenhoff (Jan 12, 2008 3:39 pm)

i think you can do alot better than $667/mo. I have on order a '08 528xi with premium package, cold weather package, xenon headlights, navi and ipod/usb adapter for 36 mos. 12K per year with no money down for a little less.
 
I would check the invoice price for the car you want on bimmerfest.com and use that to negotiate a better price. I found when searching myself that 2 dealerships gave me a competitive price right out the barn via email, while another dealership offered $1700 more, but said If I can in they could discuss meeting the other prices.
 
Good Luck!
 
x021627
#1688 of 2577
Early Lease Return by pagelmunda
Jan 14, 2008 (1:40 pm)
Reply
I am currently leasing a 2005 530i and would like to turn in the car two months before the lease expiration and lease another 5 series. Any experiences or suggestions in having BMW waive the payments for the last 2 months of my lease? Thanks in advance.
#1689 of 2577
Good Deal or No Deal by mronio
Jan 19, 2008 (8:37 pm)
Reply
Atlanta - 535i - premium package, navigation, sirius, heated front seats, ipod
$2800 negative equity rolled in because of being upside down on an SUV, I have to get rid of
MSRP 55,270
36month/15k miles
$5000 down
$860/month
 
Thoughts?
Thanks.
#1690 of 2577
'08 M5 Lease by seanookie
Jan 20, 2008 (1:03 pm)
Reply
I got a quote to lease an new M5 for $1,219 a month for 2 years with 20k miles a year from Shelly BMW in Buena Park, CA. The drive off is $5,955 plus 1st payment, license, etc. or about $7.6k. I talked with a couple of other local dealers and they are all hesitant to quote me so it seems like a good deal. What are the residual and money factors on a new M5? Is this a good deal?
 
The invoice prices I've found on the Net are $76.3k but I don't know what the invoice cost is for all the options. Is there some sort of percentage I can use to determine total invoice cost? I want the Comfort Access system, HUD, Multi-Function Seats, Premium sound, and Side Airbags. The sticker cost for these is something like $5.1k.
 
We are negotiating the value of my trade and knowing their cost structure would help me. Thanks very much!
#1691 of 2577
2008 528xi lease by turn2
Jan 20, 2008 (3:10 pm)
Reply
Hi BMW Experts!
 
I am looking at a BMW 528xi lease. The configuration I'm considering has an MSRP of $59,580. What is a fair monthly lease payt. on a 24 or 30 month lease based on the following information?
 
NY Resident.
$3000 Cap Cost reduction, SalesTax, Acq. Fee, 1st payt. paid at time of delivery.
 
Thanks.

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