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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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#2008 of 2604
Re: MF for 535i [Car_man] by drgums
Oct 13, 2008 (5:05 pm)
Reply

Replying to: Car_man (Oct 13, 2008 4:24 pm)

Dear Car Man:
 
As I awaiting delivery of my 2009 535xi,,( expected in 2 weeks)...has BMW changed the money factor and residuals for returning lease customers with any owner loyalty since Septmber for the 2009's ?
 
if the deal gets better before my delivery...then I could benefit.
 
Thanks
#2009 of 2604
Re: 530xi 2006-Lease End Purchase? [yatze] by SergeyM
Oct 13, 2008 (9:00 pm)
Reply

Replying to: yatze (Sep 29, 2008 7:37 pm)

Try working with your dealer. They will happily buy your car from BMWFS for a typical wholesale price and sell it back to you for 3-4 K profit. Usually it represents a much better deal than paying the residual. In you case there is a catch though. You seem to have a very low mileage and it will make the wholesale price somewhat higher.
#2010 of 2604
Re: MF for 535i [drgums] by Car_man HOST
Oct 14, 2008 (5:23 pm)
Reply

Replying to: drgums (Oct 13, 2008 5:05 pm)

Hi drgums. BMW recently significantly enhanced its lease program on 2008 models, but not on 2009 models. BMW Financial Services' current buy rate lease money factor for the 2009 535xi is still .00210.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2011 of 2604
leasing 5 series by miabarry
Oct 16, 2008 (5:56 am)
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Currently own a 1997 528i. Am considering leasing an 08 or 09 5 series. Am considering either 528xi or 535. I have several questions that perhaps you cld assist me with. Can someone let me know if I can buy an 08 at this time below invoice and if so how much below? What about 09? Where are they selling? Also, what is a fair money factor rate and residual value? It seems so ridiculous to lease a car base on a monthly payment without knowing exactly what terms/figures are being used to come up with that figure. Any other lease advice wld be greatly appreciated. Thx.
#2012 of 2604
Lease Return to BMWFS by beemadera
Oct 17, 2008 (10:01 am)
Reply
This may not be news to others. I just called BMWFS to talk about how to go about returning my 2007 530 lease in December when it is due. The guy on the phone asked me if I thought about buying the car. I said no since the residual was higher than the value (42K). He told me this was becoming a problem for BMWFS since the lease returns are all under water based on current value. He offered me 8K off of the residual as long as I financed through BMWFS. He approved me on the phone and sent me a contract via email within minutes.
 
I have decided to return it anyway because I cannot imagine not getting my hands on the new 535 twin turbo engine. I am going to pick up my new car today. I just thought folks would want to know that BMWFS is hungry to help you buy out your lease! He told me 8k was the maximum rebate they could offer. I did not press him any harder.
#2013 of 2604
by smithsonga
Oct 17, 2008 (11:47 am)
Reply
Wow! That is some serious rebate change. It makes sense tho as my residual on my 2008 528i is 76%....My $52k retail car has a residual of 39550 after 2 years, 20k miles. making that 31500 is tempting. (granted I still have 13 months left on my lease)
#2014 of 2604
BMW 528i 36mo lease rates? by mm1250
Oct 17, 2008 (4:12 pm)
Reply

Replying to: Car_man (Oct 13, 2008 4:24 pm)

Hello,
 
I saw the new lease specials on BMWusa.com for the 2008 528i lease $499/mo 10kmi 36months, MSRP of $47,825.00. I went to the local dealer and found a car and they came in over $90/mo more. I was putting down $2500cap cost, first payment and security deposit along with taxes. I cannot understand why they aren't able to build the config based off the website. I'm assuming they are jacking up the moneyfactor or something. I quailiy for the special lease offer.
 
Can you provide the Oct specials for 2008 528i money factor & residual value ??
 
I applicate the help.
#2015 of 2604
Re: BMW 528i 36mo lease rates? [mm1250] by skobola
Oct 18, 2008 (11:53 am)
Reply

Replying to: mm1250 (Oct 17, 2008 4:12 pm)

Why would anyone pay down $2500cap cost?
#2016 of 2604
Re: BMW 528i 36mo lease rates? [skobola] by mm1250
Oct 18, 2008 (7:35 pm)
Reply

Replying to: skobola (Oct 18, 2008 11:53 am)

Because $2500 cap cost would bring the payment down $80-$85/mo. So what's the big deal with putting it down if I have the money to do so? Am I missing something?
#2017 of 2604
Re: BMW 528i 36mo lease rates? [mm1250] by SergeyM
Oct 19, 2008 (9:44 pm)
Reply

Replying to: mm1250 (Oct 18, 2008 7:35 pm)

 
Yes. If the car gets totaled your $2,500 will be gone. Never put any oney down on a lease! Even the sales tax should be included in the monthly payment.

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