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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2606 messages, Last post on Dec 07, 2009 at 2:19 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| 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. | |
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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. |
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| 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) | |
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Replying to: Car_man (Oct 13, 2008 4:24 pm) 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. |
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Replying to: mm1250 (Oct 17, 2008 4:12 pm)
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Replying to: skobola (Oct 18, 2008 11:53 am)
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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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Just drove home our new 528i. Hoping to get some feedback on the deal we made: 528i Premium pkg with Nav 15K miles/year 36 months $2000 drive (incl. 1st month and DMV fees) $635.67 per month including tax Worked pretty hard for this one. How is this deal???? |
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Replying to: mm1250 (Oct 17, 2008 4:12 pm) As far as making a $2,500 capitalized cost reduction goes, I personally always advise consumers not to make any. Those who do risk losing them if their vehicle is stolen and never recovered or totaled in an accident. It is safer to go with a zero down lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Oct 21, 2008 5:02 pm) What about 12k and 15k per year, 36 month on a 528i? (MF and residual). Thanks.
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