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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
1984 messages, Last post on Sep 07, 2008 at 6:57 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: calidave33 (Jun 02, 2008 10:27 am)
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Replying to: ctshorse (Jun 02, 2008 12:55 pm) I dont get paid mileage.. my company just pays for the car, payment, repairs.. I just need to keep the monthly payment at a certain level. I am certain about my mileage, its been about the same for 12 years. I got a quote today 535i, 36 mo, 30K/yr, $3K drive off msrp $51K, invoice $47K quoted $845 mo, plus tax = $890 any thoughts? |
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Replying to: sidv22 (May 15, 2008 9:20 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: sk1182 (May 20, 2008 8:37 am) If your mother doesn't put many miles on her cars, you may find that paying three grand for an extended warranty is not worth it. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site or by visiting the the following discussion: "Real-World Trade-In Values". Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jun 04, 2008 3:08 am) I am looking to lease either a 528i or 535i here in Southern California. I am looking to get Premium, sport, and Nav on it. I have seen different MF and residuals posted at different times. Do they change with the month? if so, does anyone know what are they for June? My current "good guy" ( I know a friend of a friend) offer is; MSRP 52,075 my price 48,295 residual 34,890 24mon 15kmiles/yr tax at 7.75% total payment. $848.30 Thanks! |
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Replying to: sailingmoe (Jun 06, 2008 8:33 am) The rates and residuals are: 535i 24 Month – Residual 66% of MSRP – .00200 Base Rate 36 Month – Residual 55% of MSRP – .00200 Base Rate 528i 24 Month – Residual 67% of MSRP – .00220 Base Rate 36 Month – Residual 55% of MSRP – .00220 Base Rate Dealers may mark up these rates by as much as .0004. If you are aware that the dealer is doing this, you can negotiate it down. Also with the acquisition fee, they may increase that from $625 to $825. If this is your first BMW lease and not paying the security deposit, there is an additional increase to the money factor. This can be avoided by paying the security deposit. You can also lower the MF by .00007 for each additional security deposit up to 7 deposits. Additionally, for the 5 series there is an option credit for the premium package available through the end of June. Your numbers are for a 528i?
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Replying to: car_rm (Jun 06, 2008 3:50 pm) |
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We would like to continue with the same make and model BMW if my company can support decision. If the economics support are justified, with the “Extended Warranty”, we would consider continuing with the same 2006 car. This is the information that I have to date on the existing car. - They are holding a security deposit of $749.00 which gets credited back to us less “Excess wear & Tear” and excess miles. The car has been inspected and the “Excess wear & Tear” cost/charge is $100.00 when turned in. The car has 36,303 miles on it which exceeds the 36,000 total allowance. Additional miles at $.20/mile. - Lease is up 8/6/08 - Buyout on contract states $34,763.40 + sales tax total = $37,805.20 - Cost of extended warranty for 6 years or 100,000 miles is $3,670.31. Current warranty goes to 50,000 miles. - Total buyout with warranty $41,475.51. - Mfg rebate program thru July 3rd on this model is $6,900. With this total buy out, including extended warranty fee & sales tax is $33,822.15. - They will finance this amount no money down at 5.9%; 60 month term is $653.46/month, 48 months $794.17 and 36 months is $1,029.23. - To release same car for 36 months and 12,000 miles/year is $931.57/month. What is the anticipated value in 6 years of the 2006 car? We need to investigate lease cost of new car next. Can anyone provide the facts and figures on 2009 BMW 535 XI |
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Replying to: sailingmoe (Jun 06, 2008 8:33 am) I am in Southern California (Pasadena) and just leased a 528i and was able to get a deal for basically $1,100 below invoice. Here are the specifics: Base MSRP: 44,300 Premium: 2, 300 Xenon: 800 iPod: 400 Navigation: 1,900 Destination: 775 MSRP: 50,475 Invoice MSRP: 41,030 Premium: 2,095 Xexon: 730 iPod: 365 Navigation: 1,730 Destination: 775 MSRP 46,725 I was able to get my 528i for $45,631, which is about $1,100 below the invoice cost. Essentially, I told them that I would split the premium package credit with them, which is $2,095, and that I would pay invoice for everything else. I had two different dealerships in the LA area meet that deal. I did a two year lease at 10,000 miles per year. Let me know if you have any questions.
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Replying to: gocalbears (Jun 09, 2008 5:33 pm) 528i 44,300 premium 2,300 Comfort access 1,000 park distance 700 Xenon headlights 800 Ipod 400 Nav system 1900 Logic 7 sound 1200 Destination 775 Total MSRP 53375 Dealer chrome wheels 2000 Total Dealer sticker $55,375 Purchase price $48,850 Car $48,375 $5,000 off of MSRP (said he would take 5k any of the ones with lots of options.) Wheels $475 dealer said "cost of 950, split with me so they did not have to take them off" who knows. 15,000 miles year lease 24 months $2,296 dive off $784.10 with tax. Hope this helps for the next leaser. Sailingmoe
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