- #2137 of 2595
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Re: 08 535 lease Prem\Nav Get out [jmcbmw]
by thunder10
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Jan 25, 2009 (5:04 pm)
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Replying to: jmcbmw (Jan 25, 2009 10:30 am)
I thought people dont really use/trust these website's.......
Its's a tough one for me... I have to get out of this lease but I know I'll never get a deal for a BMW 535 for $583.....
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- #2138 of 2595
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Re: 08 535 lease Prem\Nav Get out [thunder10]
by regissa1
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Jan 27, 2009 (8:04 am)
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Replying to: thunder10 (Jan 25, 2009 5:04 pm)
Really... How did you get this deal? How much down you put? Options on 535?
I just returned my 06 325I to my local dealer for 09 528 I, they paid for the remainer of the lease on the 3 series. ( 3 months, I paid one) - plus 2500.00 down. My payment 640.00 Tax included. .. Premium pack./.xenon light/ipod adapter/xm radio.
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- #2139 of 2595
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new incentive
by jayrider
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Jan 27, 2009 (2:41 pm)
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Just read $2500 bmw money til feb 2. Check it out.
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- #2140 of 2595
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Re: 08 535 lease Prem\Nav Get out [jayrider]
by jmcbmw
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Jan 27, 2009 (5:42 pm)
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Replying to: jayrider (Jan 25, 2009 11:37 am)
I got out of 3 leases on swapalease. Just paid the $150 and posted the ad and pictures. Wait for responses, show the car and file the paperwork. The sales tax is paid montly based on the county of registration so will change if your county is different (at least in CA). I have had three seamless transactions (2 BMW and 1 Mercedes). The person interested actually has to have credit to qualify for the sames terms as your lease was aquired under.
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- #2141 of 2595
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2009 535xi Lease
by thrawn1
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Jan 27, 2009 (7:32 pm)
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What do you think of this deal I just negotiated on a 535xi lease with cold weather, navi, satelite radio, ipod adapter?
MSRP: $60,670
Adjusted cap cost with $2,500 BMW rebate = $56,133.07
3 year lease, 15,000 miles per year
Money rate: .00175
Residual: 58%
No money down
$798.33 per month
Is this a good deal?
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- #2142 of 2595
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Re: 2009 535xi Lease [thrawn1]
by gardis
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Jan 28, 2009 (5:18 am)
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Replying to: thrawn1 (Jan 27, 2009 7:32 pm)
Wow, $28,800 total for a lease on a car, at the end of which you give the keys back and get nothing. That comes to exactly half the total value of the new vehicle. Am I nuts, or is this whole world off its rocker??
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- #2143 of 2595
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Same Old Question: Lease or Buy?
by gardis
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Jan 28, 2009 (5:19 am)
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Guys,
I have a friend asking me the age old question: do I lease, or do I buy.
She's a teacher, not a lot of money to spend, currently ending lease on a Jetta.
My gut says buy, not lease. Where am I going wrong?
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- #2144 of 2595
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Re: Same Old Question: Lease or Buy? [gardis]
by 530ir1150r
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Jan 28, 2009 (6:09 am)
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Replying to: gardis (Jan 28, 2009 5:19 am)
Unless there are known problems with the Jetta, she should buy it. She should have enough equity after a couple of years to have a down payment on her next car. Some professions have lease advantages, but teaching is not one of them.
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- #2145 of 2595
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Re: Same Old Question: Lease or Buy? [gardis]
by smithsonga
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Jan 28, 2009 (6:54 am)
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Replying to: gardis (Jan 28, 2009 5:19 am)
I have a leased BMW and just purchased a certified preowned BMW. Same payment. 2008 528i lease, 2007 550i preowned purchased. A lot more car with the 550i, same monthly payment. I have a warranty until 2013 on the 550i. I am building equity vs. just handing in the lease.
If you buy, buy used (preferrably certified for warranty) and buy a car with good residual value. e.g you dont want to be upside down at any point.
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- #2146 of 2595
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Re: 2009 535xi Lease [gardis]
by craigm1841
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Jan 28, 2009 (7:14 am)
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Replying to: gardis (Jan 28, 2009 5:18 am)
Or how about after 36 months I will turn my car in and get a brand new one. I wont be stuck with a car that I am upsidedown on a loan for, rolling negative equity into a vehicle for eternity... or until i decide i am going to drive a car for 10 years, or die. No matter how you look at it, a car is ALWAYS a poor investment, and should never be looked at as such. I dont need a car to give me any sort of return or "show" me anything after a few years. Thats why I own real estate and make other invsetments that will yeild a return. A lease makes the most sense if you want a new car every couple of years and want the lowest paymet possible. If I decide that every 3 years I will get a new one, buying would be a huge mistake.
BTW, after 3 years you get the keys to a brand new car with NO negative equity. so in reality you are getting a lot, especially for the money
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