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BMW 5-Series Lease Questions

3911 messages,  Last post on May 22, 2013 at 5:18 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW 5 Series, Car Leasing, Sedan, Wagon

Messages Page 199 of 392

#1972 of 3911 Re: 530xi 2006-Lease End Purchase? [daxxie] by bceagle1

Aug 23, 2008 (7:34 am)

Replying to: daxxie (Aug 13, 2008 12:04 pm)
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 3911 Re: 528xi manual lease deal [drgums] by Car_man HOST

Aug 27, 2008 (3:48 am)

Replying to: drgums (Aug 20, 2008 3:39 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.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1974 of 3911 Re: 2008 535i sales price [bimmerdude] by Car_man HOST

Aug 27, 2008 (3:52 am)

Replying to: bimmerdude (Aug 20, 2008 4:12 pm)
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.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1975 of 3911 by 53turk

Aug 27, 2008 (4:53 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.

#1977 of 3911 535i lease 8/26 by sandwalker1

Aug 30, 2008 (6:04 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 3911 Lease 2009 550i Houston,TX by podguy

Sep 01, 2008 (9:06 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?
Thanks

#1979 of 3911 2009 535xi by drgums

Sep 02, 2008 (5:32 am)

I am looking for a 535xi manual....will have to order a 2009...I could not locate any 2008's.....any ideas of what the finances will be for 2009?
 
I still have owner loyalty, excellent credit and 20 +years of leasing with BMW.
 
I still have 2 more payments on my 2005 x5 lease...there was no pull ahead program for me to take advantage of the 2008 late summer deals
 
Any suggestions or thoughts?
 
Anybody out there know of a low mileage manual 535xi 2008 or should I just order a 2009?

#1980 of 3911 528xi Exec Demo Lease by blk69linc

Sep 02, 2008 (8:31 pm)

I got a quote on a 2008 528xi Exec demo car with 11K miles on it. Sticker was 57,320 and they're offering me a 24 month lease 18K/yr mileage for $720 -- bank fees and tax up front. Residual is about 35K, I don't have the money factor handy, but it was about 1.6% (should be in line with new car lease deal ending 9/2). Does this sound like a good deal?
 
I can get it for 49K on a purchase with new financing (includes CPO warranty). Is that a better choice? I need to finalize by tomorrow. Any assistace would be great.

#1981 of 3911 Re: Lease 2009 550i Houston,TX [podguy] by Car_man HOST

Sep 03, 2008 (2:54 am)

Replying to: podguy (Sep 01, 2008 9:06 pm)
Hi podguy. I don't have an exact date, but I have heard that the 2009 BMWs will start to arrive at dealers towards the end of the month. You may be able to get a more definitive arrival date by visiting the "BMW 5-Series Sedans" discussion. BMW has not published a lease program for the '09 5-Series yet, but when it does I suspect it to initially be much worse than its current lease program on the '08 model.
 
BMW Financial Services charges a security deposit that is equivalent to cars' monthly payments rounded up to the nearest $50 increment. It will waive the deposit for free for returning lessees and in exchange for a .00015 money factor increase for everyone else.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 199 of 392

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