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

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#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 Replies to this message: craigm1841 (Dec 28, 2008 8:26 am) croni003 (Dec 28, 2008 10:05 am) jayrider (Dec 30, 2008 3:58 pm) and 1 more...
#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. Replies to this message: croni003 (Dec 28, 2008 10:05 am) jayrider (Dec 30, 2008 3:58 pm) croni003 (Jan 02, 2009 8:33 am)
#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 Replies to this message: jayrider (Dec 30, 2008 3:58 pm) croni003 (Jan 02, 2009 8:33 am)
#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. Replies to this message: Car_man (Jan 06, 2009 3:29 am) abuck (Jan 07, 2009 6:51 am) Car_man (Jan 30, 2009 2:46 am)
#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. Replies to this message: croni003 (Jan 02, 2009 8:33 am)
#2103 of 2595 Re: 2006 530i Lease question [jayrider] by croni003 Jan 02, 2009 (8:33 am)
Replying to: jayrider (Dec 30, 2008 3:58 pm) Well, I ran the numbers every which way but loose and decided to lease this used 2007 530i for two years.   2007 530i w/ sport, premium, cold, tint, chrome wheels at 20k miles Selling price 26,500 residual 16,950 MF 0.00315 24 month term drive off $1000 monthly $569 (with taxes)   In the end, it would have been close to a wash for a purchase and like the last poster mentioned, I can see at the end of 2 years how I like the car and what will they sell it to me for....
#2104 of 2595 Re: buying a lease vehicle [kyfdx] by yatze Jan 03, 2009 (6:17 am)
Replying to: kyfdx (Oct 06, 2007 9:57 am) Thanks for all the sound advice I've received on this forum. It really works.   So, I have found a dealer who will sell me my leased 2006 BMW 530xi wagon with 20K miles as a certified pre-owned for 29K.   What do you think? What questions should I ask? I plan to finance it through BMW financial as I did the lease.   Thanks for your help. The car comes off lease beginning of March.   I live in northern NJ. Replies to this message: jayrider (Jan 03, 2009 7:45 am) yatze (Jan 03, 2009 9:12 am) jayrider (Jan 03, 2009 9:49 am)

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