Last post on Dec 12, 2013 at 7:43 AM
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BMW 5 Series, Car Leasing, Sedan, Wagon
#1969 of 4294 Re: 530xi 2006-Lease End Purchase? [bceagle1]
Aug 13, 2008 (11:04 am)
I would definitely buy at $21 and probably at $23, too. First, you have unrecoupable money in the warranty and tires if you return the car. Second, notwithstanding "market" values, you know the car and sounds like your 70K weren't hard miles.. I am in similar situation with a 06 530xi but only 25K miles. Local BMW dealer (not the one who wrote the lease) doesn't seem interested in doing anything on price -- lease buyout is $33K and he wants another 2500 to "pre-certify." Curious as to how/why you are able to negotiate price here...b/c dealer is required to purchase the car if you don't?
#1970 of 4294 528xi manual lease deal
Aug 20, 2008 (2:39 am)
dear car man:
What do think about this deal:
528xi manual 2008 prem, cold, xenon, ipod...selling price 46K+
36 months...18k mile per year...$699 w/ nj taxes...Total of $2000 at inception
#1971 of 4294 2008 535i sales price
Aug 20, 2008 (3:12 pm)
Dear Car man,
I was offered for $400 below invoice with 0.9% finiancing for a 08 535i with Premium package, Logic 7, sport pakcage, nav options in CA.
Please tell me if it is a good deal.
Is there any incentives for the dealer from the mfg?
Thanks in advance!
#1972 of 4294 Re: 530xi 2006-Lease End Purchase? [daxxie]
Aug 23, 2008 (6:34 am)
I was with you all the way until the last sentence. I am not aware the dealer has to buy the car BMW. Right now it is titled to BMW Financial. All my dealings re buying the car have been with them or their sub-contractor Financial Services Remarketing, Inc. I have had no conversations with the dealer about this because I learned if they are in the middle then they buy the car from BMW and sell it to me adding their costs and commissions. Since they have zero value added (not going to prep the car or anything) as I will never relinquish possession, I saw no reason to include them. I have had to negotiate with BMW Financial, but not in any way different than dealing with the dealer. I do not recall where you are, but $33 is too much in this down used car market. Put your car into KelleyBlueBook (kbb,com) and check the value. The Edmonds values have been too high around here as near as I can tell. And, NO WAY, you pay the dealer to pre-certifiy. Heck, that is supposed to be what they are offering you as an incentive to buy the car you are already driving or some guy off the street. So here's why BMW is going to drop the price. They know the market for used 6 cylinder cars burning premium fuel has dried up. If they take it back it is going to the auction house and they will never see anything like $33k with our without the pre-certify. I am taking the latest deal at $22 for mine, which has Premium Pkg, Cold Weather Pkg, Nav, Auto trans, and Satellite. Call BMW Financial at 800-578-5000 and start at $25K since the value of my extra miles was $2960. Good luck!
#1973 of 4294 Re: 528xi manual lease deal [drgums]
Aug 27, 2008 (2:48 am)
Hi drgums. What is this car's MSRP or its dealer invoice price (either one will do)? The best way to evaluate deals is to look at how much over dealer invoice you are getting your car for. Ideally, you should get the dealer to tell you want money factor they are using to calculate your monthly payment as well.
Prices Paid: Buying & Leasing Experiences Forum
#1974 of 4294 Re: 2008 535i sales price [bimmerdude]
Aug 27, 2008 (2:52 am)
Hi bimmerdude. While $400 under dealer invoice looks like an absolute steal at first gmance, keep in mind that BMW is currently providing a free Premium package on most 5-Series models. This amounts to a $2,000 dealer credit. If this option is listed on your car's invoice, then $400 under invoice is really more like $1,600 over invoice. This may not be a bad deal for this car right now, but it definitely is not the steal that it initially appears to be. Have you stopped by the "BMW 5-Series Prices Paid and Buying Experience" discussion yet? If not, definitely do so. You should be able to get some outstanding feedback on how much 5-Series are selling for right now over there.
Prices Paid: Buying & Leasing Experiences Forum
Aug 27, 2008 (3:53 am)
I just got a deal for a 535i, the msrp was 61320, the selling price is 55255, which is $1600 below invoice. It is a good time to lease or buy cars.
Aug 30, 2008 (5:04 am)
535i white, 36 mo/12K lease, msrp ~56900, selling price 51250, if you count MAACO and Training costs on the invoice, it's about $1000 under invoice. i would have pushed more, but the car was from a different dealer. i think i could have gotten more off for a car on their lot. maxed on the multiple security deposit (MSD), and no cap cost reduction. monthly pmt ~640 including tax. was pretty happy with the deal until i got home looked carefully at the lease. one line stuck out - Acquisition Cost $825. At first i thought that it was the same as destination charge (since the amounts were the same) and was pissed that it wasnt included in the cap cost. but i read up on it here and found out that it isnt the same thing, it just could have been lower ($625). so i'm cool with it now.
#1978 of 4294 Lease 2009 550i Houston,TX
Sep 01, 2008 (8:06 pm)
I am considering leasing a 2009 550i. When will the new pricing be available and what should I expect as a residual and money factor. The dealer I am dealing with has been very vague. What would be a reasonable amount of discount I should expect off of the MSRP?
How does a security deposit impact the monthly lease?