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BMW 5-Series Lease Questions

2595 messages, Last post on Nov 24, 2009 at 6:51 PM
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Hi, I am new to this forum, but have learned a lot from reading all the advise and entries. I am looking to lease my first BMW and hoping to get a great deal on a 2008 528i. I have recently requested a quote from a dealer and this is what I got: 2008 528i Premium Pck Sports Pck Ipod Xenon lights Nav system MSRP $53,275 - Includes $775 destination charge Selling Price $48460 Edmunds True Market Value is $49672 Invoice $49505 as you can see the price they quoted me is below TMVand invoice, but since this is their first quote I assume I can get an even better price. If so, how much of a discount should I try to negotiate? Look forward to your advice.
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I am looking for Money Factor and Residual for a 2008 528i 10k 36 months. I am a BMW returning lessee. I am looking for Dec, and Jan if it is known. Thanks in advance. (I am looking to pick up a car this weekend) Los Gatos CA
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Replying to: cpazos (Dec 19, 2008 9:07 pm) |
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Replying to: Car_man (Nov 17, 2008 4:26 am) I need this same info. for Dec. Thanks in advance |
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So I just leased my first car and I was wondering if I got screwed or not. Here it goes: 2008 535i Factory DEMO with 3000 mi on it MSRP: 59125.00 Cold Weather Premium Sport Shift Paddles Sunshades Fold down rear seats Park Distance iPod Dakota Leather The deal ended up as 343.23 per month including taxes with 5500 down. It was a 36/10000 lease. So was this a good deal???
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Replying to: escalade24 (Dec 22, 2008 11:11 am) |
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Hii, I test drove a 2008 535i, executive demo with 1500 miles. This car has Premium Package, Cold Weather Package, Sport Package, Bamboo Anthracite Wood Trim, iPod Adapter, Xenon Headlights, Power Rear Sunshade, Satellite Radio Prep, PDC, black leather. The lease offer is - 36 months/10k MF .00071 (with 7 muliple security deposits $4400) $550 per month (plus tax) $490 (DMV fees, NJ luxury tax) $1075 (Bank fee plus Doc. fee) $1455 (Total upfront Sales Tax or can be rolled over) Total down $7950 (includes 1st month payment, MSDs, sales tax, DMV and bank fee). Is this is good deal.
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Replying to: fineman2 (Dec 26, 2008 1:56 pm)
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Replying to: x021627 (Dec 26, 2008 6:08 pm) I am also visiting other dealers tomorrow to check the deals on leftover 08 535i (new) to compare. Thanks.
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Let me understand this. Do you mean to tell me that with a lease, you put down $7950, and you don't OWN THE CAR at the end of the procedure??? Why would someone do that? Boy, there's some people out there with some serious money, is all I can say about that.
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