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BMW 5-Series Lease Questions

1957 messages,  Last post on Jul 23, 2008 at 12:20 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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#1849 of 1957 528i in Charlotte by seabassttu Apr 19, 2008 (8:09 pm)
Hello all, need some help on the following for a 528i in Charlotte, NC. Black 528i, premium package with black leather, heated seats, iPod and xenon.   MSRP 49,075 Selling price of 47.075 36 month lease with 10K a year $1,116 down (includes first payment) $684 a month.   This seems really high to me - rookie here and would really appreciate some advice. Thanks. Replies to this message: Car_man (May 02, 2008 2:30 am)
#1850 of 1957 Need Advice In NJ by bmw62 Apr 21, 2008 (8:48 am)
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 -- is this worth exploring further? Replies to this message: x021627 (Apr 23, 2008 3:49 pm)
#1851 of 1957 Re: Need Advice In NJ [bmw62] by x021627 Apr 23, 2008 (3:49 pm)
Replying to: bmw62 (Apr 21, 2008 8:48 am) is this at Morristown BMW? I am asking since a few months ago I recall a CA there emailing me about a similar car when I was looking. I think you should see the best deal you could get on a NEW 535xi similarly equipped. People are getting good deals and there is alot of competition in NJ since there are so many dealers. Also if you want an XI who is looking to buy those in the Spring?   Good Luck and let us know how you make out!
#1852 of 1957 535i Lease by gjonesmi Apr 25, 2008 (1:44 pm)
I have been offered a 2008 535i lease that they are quoting a 24 month residual of 73% and a money factor of .023. Does this sound correct. Replies to this message: car_rm (Apr 25, 2008 2:37 pm) gjonesmi (Apr 25, 2008 3:54 pm) kyfdx (Apr 26, 2008 7:06 am)
#1853 of 1957 Re: 535i Lease [gjonesmi] by car_rm Apr 25, 2008 (2:37 pm)
Replying to: gjonesmi (Apr 25, 2008 1:44 pm) The MF quoted makes sense as long as you understand that the dealer has bumped is up by .0004, the maximum that they can increase it by. This increase can be negotiable depending on the dealer. Replies to this message: gjonesmi (Apr 25, 2008 3:54 pm) kyfdx (Apr 26, 2008 7:06 am)
#1854 of 1957 Re: 535i Lease [car_rm] by gjonesmi Apr 25, 2008 (3:54 pm)
Replying to: car_rm (Apr 25, 2008 2:37 pm) I do understand they bumped up the money factor but it also looks like they bumped up the residual. Will one offset the other? Replies to this message: kyfdx (Apr 26, 2008 7:06 am)
#1855 of 1957 Re: 535i Lease [gjonesmi] by kyfdx HOST Apr 26, 2008 (7:06 am)
Replying to: gjonesmi (Apr 25, 2008 3:54 pm) The 73% residual is correct for 24mo/24K miles...   The 24mo/30K residual is 71%..   The dealer can't change these numbers.. they are set by BMWFS   regards, kyfdx
#1856 of 1957 BMWFS Base Rates by weirvinejr Apr 27, 2008 (2:31 pm)
I am being told by a dealer in Atlanta that the April 2008 BMWFS buy rate of 0.0019 can only be obtained by returning BMW customers. Is this true? He's quoting a 0.00285 rate. Thanx Walt Replies to this message: smithsonga (Apr 27, 2008 6:08 pm)
#1857 of 1957 Re: BMWFS Base Rates [weirvinejr] by smithsonga Apr 27, 2008 (6:08 pm)
Replying to: weirvinejr (Apr 27, 2008 2:31 pm) You are being taken for the typical ATL dealer ride.   Call BMW in Macon or Athens and talk to their internet guys. They can pull the car out of the ATL dealer and save you $.
#1858 of 1957 BMWFS Base Rates continued by weirvinejr Apr 29, 2008 (2:30 pm)
The Atlanta dealer has come down to 0.00225, and claims that I can lock this in for 30 days if I get the BMWFS credit application in before close of business 30 Apr. He also claims that they will not go any lower on the money factor. From reading here, I should be able to get 0.00190 + 0.00015 without a security deposit. He's quoting $720 not including tax on a 36 month, 10K miles lease. MSRP 56670 Cap cost 53500 (no fees included according to him, but I can't find acq fee) 63% residual Money factor 0.00225. Total up front: 1st month payment, doc fee, tax, title, tag = $1365. Claims to know that May residuals and money factors are going up, and is pushing real hard to get an end of month sale. My figures show $713.76 monthly before tax with an acq fee of 625 included in cap cost. What do y'all think?

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