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BMW 5-Series Lease Questions

2604 messages,  Last post on Dec 04, 2009 at 7:18 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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#1958 of 2604
Super Good Deal from Herb Chambers by zcqq
Jul 31, 2008 (9:59 am)
Reply
the deal i just got today 528xi 36mo 12k
premium, cold, Xenon, auto, Ipod
1000 drive off, 688/mo includes tax
 
What a unbelievably good deal, right? guys
#1959 of 2604
535xi Lease - What do you think? by fezzerton
Jul 31, 2008 (5:34 pm)
Reply
Went to a dealership in NJ and had this offer and would be interested in what others thought. Was I right in being a little disappointed that they didn't try to be more aggressive on the MSRP? Also, Premium (~$1900) is included as July incentive so it's not like he knocked that much off the MSRP. I think the final lease price was good but have a feeling I could do better...am I off my rocker?
 
535xi w/Cold Package and Premium Package
36 months/12K miles
Residual 57%
Money Factor 0.0016
$0 Down
MSRP $55,225
Sale $51,500
Out of pocket $4606
Lease w taxes = $688.93
#1960 of 2604
HELP.... 528i 2008 by 1003008gl
Jul 31, 2008 (6:45 pm)
Reply
Please help me and let me know what I should be paying (best deal) for a New 528 i with Premium Package, Automatic ,Xenon,Ipod, and Nevigation System...
 
I am looking for either 2 year or 3 year lease with 15,000 or 18,000 miles per year. I am okay with 5000 down, but, would like to get away with as little down as possible.
 
Is it true that I can get a beter deal right before the last day of the month???
 
Thanks
#1961 of 2604
530xi 2006-Lease End Purchase? by bceagle1
Aug 03, 2008 (7:18 am)
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My wonderful 3 year drive of a '06 530xi is coming to and en 8/27/08 unless I purchase it. I will have about 70,000 miles by then. I know, I know. Don't lease if you are going to put on these types of miles. Done and over. Now the question is should I buy or turn it in. The car is in pristine condition having been driven primarily hwy miles. Navigation, Cold Weather, Premium Pkg, Satellite. Finest auto I have ever owned. A light re-paint of some bumper scratches and a prep and it would look new in and out.
 
Residual value is $32,019. They offered to sell it to me at $29,103, no down, 5.9% for 24-60 mos. my choice. We now have this down to $25,069 at 3.9%. tax and title extra. They want to keep my $900 security deposit on file from the lease.
 
There is a real difference between the estimated market value of this car on Kelley and Edmunds. Kelly has it lower (est.$20,000) and Edmunds higher (est. $28,000).
 
I would like to drive this car another two year and then get the anticipated 535xi diesel.
 
Is $25,000 the right price for this car? Am I crazy to keep it? Should I just lease a 2009 535xi?
 
Thanks for your thoughts.
 
BCEagle1
#1962 of 2604
Re: 530xi 2006-Lease End Purchase? [bceagle1] by carnaught
Aug 03, 2008 (8:10 am)
Reply

Replying to: bceagle1 (Aug 03, 2008 7:18 am)

I wouldn't buy without an extended warranty.
 
That said, I wouldn't buy....I'd go for the 2009 lease.
#1963 of 2604
Re: HELP.... 528i 2008 [1003008gl] by paotron
Aug 05, 2008 (6:55 am)
Reply

Replying to: 1003008gl (Jul 31, 2008 6:45 pm)

What offers have you got from the dealers?
Try to get at least 2 or 3 offers first.
You sould negociate from MSRP of $50,925 down to at least $47,000 or lower first base on TMV.
The lease money factor rate which determine your monthly payment will depend on your credit score.
Yes, NORMALLY you can get a better deal at the end of the month.
#1964 of 2604
1st time lease - Need help please by koy1
Aug 05, 2008 (6:34 pm)
Reply
Model: 528I - Executive demo (10K miles)
Color: Bronze
Year: 2008
Options included: Premium Package, Sports Package, power rear sunshade, fold down seats, heated front seats, park distance, xenon headlights.
 
MSRP (new): $53,225
Price: $43,203
Money factor: .00195
Taxes, bank fees etc: $2,838
Cash Down: zero
Residual: $35,092 (70%)
 
Monthly Payment $490
 
This is my first time leasing. Is this a good deal?
 
Thanks
#1965 of 2604
Re: 1st time lease - Need help please [koy1] by SergeyM
Aug 06, 2008 (6:52 am)
Reply

Replying to: koy1 (Aug 05, 2008 6:34 pm)

Not really. Base MF is .0018 and I cannot imagine a BMW executive driving 528. It is just a demo with 10K Miles rougly equal 20-25K miles of normal driving.
#1966 of 2604
Re: 1st time lease - Need help please [SergeyM] by koy1
Aug 06, 2008 (8:24 am)
Reply

Replying to: SergeyM (Aug 06, 2008 6:52 am)

Thanks for the response. Can you please elabarote why this is not a good deal?. If I put a security deposit down I can get the .0018MF. The paymnet of $490 alos includes taxes. Thanks
#1967 of 2604
Re: 1st time lease - Need help please [koy1] by SergeyM
Aug 06, 2008 (11:58 am)
Reply

Replying to: koy1 (Aug 06, 2008 8:24 am)

What taxes does it include?
Taxes, bank fees etc: $2,838?
 
W/out taxes for the numbers you posted the monthly payment should've been $405.
 
I would suggest you checking a brand new car with the same options to see how much you saving on getting this demo.

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