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BMW 5-Series Lease Questions

2595 messages,  Last post on Nov 24, 2009 at 6:51 PM

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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#2117 of 2595 by gardis Jan 03, 2009 (8:37 pm)
Jayrider I don't get it. I am talking about purchasing the vehicle, not leasing. I'm planning to trade in the 1996. I don't follow you. You're saying don't buy anything, keep what I have and drive it another year? Please clarify. Sorry, and thanks. Replies to this message: jayrider (Jan 04, 2009 8:32 am)
#2118 of 2595 Re: [gardis] by jayrider Jan 04, 2009 (8:32 am)
Replying to: gardis (Jan 03, 2009 8:37 pm) Trading a car turns a clear deal into a muddy one. What the dealer gives you in trade varies from one dealer to another so unless you sell your car before you deal you really don't know where you stand. With a 8 year old car with 100k plus miles a dealer isn't going to be interested unless it is pristine and runs like new in which case you should sell it yourself. If the car is rough, no one will want it. Get it detailed and drive it til the wheels fall off. Every month bank the payments then when it finally dies donate it and start searching for a new one. The dealers you talked to don't see you as a serious buyer. From our discussions I don't see you as a serious buyer. Nothing wrong with that, just an impression. You haven't test drove any of the cars you seem interested in so that would be a good first step. You might decide your car compares well enough to keep it. If your present car is dependable you should be able to get another 50k out of it. Me personally, I would never spend 35k on a used car. No way no how. So many fine autos available foreign and domestic brand spanking new with great features safety and value. To each his own -- good luck.
#2119 of 2595 Re: 528i Money Factor and Residual [sdsualums] by Car_man HOST Jan 06, 2009 (3:22 am)
Replying to: sdsualums (Dec 19, 2008 10:33 pm) Hi sdsualums. BMW just introduced its January lease program a few days ago. BMW Financial Services' new buy rate lease money factor and residual value for a 36 month lease of a 2008 528i with 10,000 miles per year are .00100 and 56%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2120 of 2595 Re: good deal?/newbie [abuck] by Car_man HOST Jan 06, 2009 (3:29 am)
Replying to: abuck (Dec 30, 2008 1:11 pm) Welcome abuck. The most important numbers that you can find out when negotiating a lease are the MSRP and selling price of the car that you want. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without these two numbers A) it is impossible to calculate a lease payment on your own to double check the one that you were quoted and B) it is difficult to tell how much of a dealer discount you are being given. Find out what these numbers are and let us know. I am sure that either myself or another helpful community member will gladly give you their opinion on them.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: abuck (Jan 07, 2009 6:51 am) Car_man (Jan 30, 2009 2:46 am)
#2121 of 2595 by soupcon Jan 07, 2009 (1:41 am)
car_man! can you tell me the january 2009 residual and money factor for MY08 550i's (36mo/10k)? i heard the residuals went down on a lot or all of the MY08's. Replies to this message: eights38 (Jan 07, 2009 6:33 am)
#2122 of 2595 Re: [soupcon] by eights38 Jan 07, 2009 (6:33 am)
Replying to: soupcon (Jan 07, 2009 1:41 am) Hi soupcon,   2008 BMW 550 36 Months - 10,000 Miles per Year - 0.00120 Money Factor - 56% Residual   Best, Matt eights38gmail.com
#2123 of 2595 Re: good deal?/newbie [Car_man] by abuck Jan 07, 2009 (6:51 am)
Replying to: Car_man (Jan 06, 2009 3:29 am) Carman,   Thanks so much for the response. I went ahead and leased the car on the 2nd of january, in Los Angeles, but i would really appreciate some feedback on my deal, so that in three years I might make a more informed decision and not get stuck in my newbie mistakes. Here are the numbers: 08 528i adding ipod/usb and xenon headlights. 36 mos/12k   MSRP $46,625 Agreed upon price: $43,560 Adjusted Cap (incl 985 driveoff): $44491 residual: $26576 Depreciation:$17915 rent charge:$895 monthly payment (incl tax): $565   So, I guess I should have driven the agreed upon price lower, and then I might have gotten a better deal. classically, I was a bit smitten with the monthly payment, so I am sure I did this whole thing to the dealer's advantage. Would appreciate any feedback to offset the learning curve. Thanks! Replies to this message: Car_man (Jan 30, 2009 2:46 am)
#2124 of 2595 528 I lease. by regissa1 Jan 10, 2009 (8:41 am)
I just had an offer from my local BMW Dealership for a 528I Premium Package - Sport Package Power Seats. 36 month/12000 miles 2500.00 Down 697.00 + tax MSRP 52825.00 Cap Cost 2500 Adj Cap Cost 51250 Money Factor .00190 Residual ( Lease) 31695. I know I can get a better deal. Can somoeone help with a reasonable offer? Thanks much Replies to this message: Car_man (Jan 30, 2009 2:55 am) regissa1 (Feb 02, 2009 11:52 am) Car_man (Feb 23, 2009 2:59 am)
#2125 of 2595 09 528I Continued by regissa1 Jan 10, 2009 (8:47 am)
I also forgot to add that I am a repeat customer and have Excellent Credit.
#2126 of 2595 535i lease by romer Jan 11, 2009 (7:30 am)
Car_man-   Please provide the money factor and residuals on a 2008 and 2009 535i, 12k mi/yr., 36 month lease.   Thanks. Replies to this message: Car_man (Jan 30, 2009 2:58 am)

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