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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
1938 messages, Last post on Jul 03, 2008 at 12:14 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Apr 01, 2008 2:19 am) $1500 TOTAL DOWN 24MOS X $567 W/TAX 10K MILES/YEAR + SIRIUS SAT RADIO - OPTION 65 |
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Hi- We're in Ohio, and considering a BMW 528 ix, I have to say I'm impressed with the promptness of the dealership in replying to my email inquires...they have given the following pricing on the 528 24 month lease (company car) - we wanted 12K mi per yr/0 cap cost/0 trade in ...a sign and drive lease The residual values at 2 year is 73% The MSRP is 51,025 on the 528xi and 53,025 on the 535i BMW' National Lease Ad takes into consideration an $1100 discount on the vehicle - we have shown you $1500 in savings. Normally on the 24 month program, people have been putting money down on the leases to buy the payments down Our money factor is .00200 You can reduce the money factor by .0007 for each additional sec deposit up to 7 additional. The 3 year residual values are 62% accordingly for a 12K lease - 528xi a 2 year lease would run 785/mo with 0 cap cost reduction We did talk to the salesperson about putting down additional security deposits to reduce the money factor, thanks to this thread...they were very receptive to this idea. Hope this is helpful! 
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| I understand on a lease that you are financing the non-residual price of the vechicle, but I am not sure how the money factor is used. for instance, I just received an offer on a new 2008 535xi ( premium and cold packages) of $53,550 price ( I have asked for the dealer invoice on the vehicle), 12k mileage, 73% residual, monthly of $932 for 24 months, with only sec dep , first month's lease payment and plates out of pocket. I assume, because i am in illinois, that I am also financing sales tax (6.7%) on the full price of the car. Nevertheless, the monthly seems high given the residual. so i must not be using the money factor appropriately. I would appreciate any advice. thanks | |
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Replying to: browns99 (Apr 04, 2008 5:08 am) Never put $ down on a lease except for MSD's. i was able to lease a 528xi better equipped then the one listed for $649 including taxes in Feb. you need to bargsin up from invoice, not down from MSRP. good Luck |
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Replying to: Car_man (Apr 01, 2008 2:34 am) Thanks. 
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Replying to: Car_man (Apr 01, 2008 2:34 am)
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535xi 6020 miles taxes, title and bank down was $57k price brought down to $53k 30 mo lease $642 12k miles/yr what do you think -- worth exploring further? |
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Replying to: Car_man (Apr 01, 2008 3:11 am) Need MFs and RVs for 24/36 months, 12k/15k. Any addl cash incentives/mktg support? How about same lease #s for 535i (sport, prem, nav, sport shift, ipod, metallic, MSRP$57,875/$53,235 Inv)? Addl cash incentives/mktg support? Thanks.
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Dear Car_Man and kyfdx (or anyone else who knows), I'm looking at leasing either 535i or 528i, was going through my notes from back in December 2007, for some reason I had written down some numbers which I don't remember where I got them from. The base invoice price for the 535i was written down as $42,265, but edmunds and kbb both say $45,450 now, do you know what the difference is? Also a big difference on the 528i, I wrote down $37,905 as the base invoice price back in 12/07, but currently edmunds and kbb both say $40,755. Can you help me figure this out? Also, I wrote down $1k cash incentive in 12/07, is that still in effect? thanks very much Brian
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Replying to: goucla (Apr 07, 2008 1:56 am) anyone know if the $1000 dealer cash is still in effect?
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