- #2093 of 2595
-
Re: 2008 535i lease [x021627]
by fineman2
-
Dec 26, 2008 (7:14 pm)
-
|
|
Replying to: x021627 (Dec 26, 2008 6:08 pm)
The cap cost is $51750 and residual is 58% ($33845). The price listed on dealers website is $54995 (the actual MSRP for this configuration is approx. 58.5k). I have always bought my previous cars and this is my first experience negotiating a lease. Thanks for pointing out to roll sales tax into monthly payments. Also, what happens to MSDs if he car is totalled.
I am also visiting other dealers tomorrow to check the deals on leftover 08 535i (new) to compare.
Thanks.
|
- #2094 of 2595
-
by gardis
-
Dec 26, 2008 (7:25 pm)
-
|
|
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.
|
- #2095 of 2595
-
Re: [gardis]
by fineman2
-
Dec 26, 2008 (8:10 pm)
-
|
|
Replying to: gardis (Dec 26, 2008 7:25 pm)
$7950 includes 1st payment, upfront sales tax (which I plan to roll into monthly payment instead of paying upfront), acquisition fee, DMV fee and $4400 multiple security deposits which are refunded at the end of the lease. MSDs lower the money factor and in my case will reduce the monthly payment by $40. Thats a savings of $480 per year and $1440 in 3 years. That's more than 10% return on money.
|
- #2096 of 2595
-
Re: 2008 535i lease [fineman2]
by x021627
-
Dec 27, 2008 (1:21 pm)
-
|
|
Replying to: fineman2 (Dec 26, 2008 7:14 pm)
You get your MSD's back if car is unfortunately totaled.
|
- #2097 of 2595
-
2006 530i Lease question
by croni003
-
Dec 28, 2008 (7:55 am)
-
|
Greetings. I'm looking for some feedback regarding a lease opportunity I have. Comments are greatly appreciated as I am new to the lease world.
2006 530i w/ 20k (employee lease return) Sport/premium/heated seats - great condition with 2 years left on warranty
price 26500
residual 16960 (64%)
MF = .00315
cap reduction $1000
all fees 1000
payment $569
2 year/10k per year term
This is through a friend of a friend at our local BMW dealer.
Thanks for your input
JC
|
- #2098 of 2595
-
Re: 2006 530i Lease question [croni003]
by craigm1841
-
Dec 28, 2008 (8:26 am)
-
|
|
Replying to: croni003 (Dec 28, 2008 7:55 am)
I just did my first lease on an "employee return", which i now know BMW calls "MSO", a factory employee from Spartainburg, SC or a BMW executive drives it and returns it with less than 15K miles. Usually it has to be leased after a return within the model year. I just got mine 2 weeks ago. If I am reading your post correctly, your initial payment will be 2569? is the 569/mo before taxes? I just leased an '08 535i premium/sport (htd seats, xenons, blue tooth, parking sensors) "employee return" for 12K/yr for 36 mos. I put $2500 down and I pay $599 a month. Plus the car was CPOed by BMW USA so it is worth more to me in the end if I chose to keep the car. I would keep look around a little more. there is a BIG difference between an '06 530 and an '08 535 (3.0 twin turbo) in terms of performance. I posted a question like this about a month ago on this website and never got a response or feedback. After extensive research I have learned a lot and I hope I can pass on some of the information I have learned.
|
- #2099 of 2595
-
Re: 2006 530i Lease question [craigm1841]
by croni003
-
Dec 28, 2008 (10:05 am)
-
|
|
Replying to: craigm1841 (Dec 28, 2008 8:26 am)
Thanks for the info on your lease. I feel like my lease offer is not the best but might be a better purchase if I could get it CPO'd.
My total monthly payment with taxes would be 569 and my initial out of pocket would be 1431.
Now for a total newbie question: the residual value I am quoted - will that be the price I have to pay at the end of the lease if I want to purchase? Is there a chance they would push that higher? They did mention that depending on BMW's assessment, the number could be lower but no higher.
Thanks again for helping out
|
- #2100 of 2595
-
528i Lease Question
by sdsualums
-
Dec 30, 2008 (8:17 am)
-
|
|
What are the money factors and residuals for December? 10k 36 month. 3rd post and I can't seem to get an answer on this. Please help. Thanks in advance.
|
- #2101 of 2595
-
good deal?/newbie
by abuck
-
Dec 30, 2008 (1:11 pm)
-
|
I am leasing for the first time and got an offer on a 528i base with ipod added for $562 a month for 36 mos., 12k mi a year. $965 drive off. Can get xenon for a bit more (thought they were standard). Is this a good deal (supposedly expires tomorrow night)? and what other questions should I be asking before I jump in?
thanks.
|
- #2102 of 2595
-
Re: 2006 530i Lease question [croni003]
by jayrider
-
Dec 30, 2008 (3:58 pm)
-
|
|
Replying to: croni003 (Dec 28, 2008 10:05 am)
At the end of the lease you just walk away with no obligation to buy. If you want to buy then market conditions dictate the selling price which for you has a ceiling outlined in your lease. You could offer less or they may offer less. Put a sign on your window to let others know you are turning in your car. A bunch may follow you to the dealer to line up for your bmw. Then the dealer can sell it to them at a higher price if you decline the honor. What a nice gesture on your part that would be.
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 
