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Prices Paid: Buying & Leasing Experiences 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
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Replying to: regissa1 (Jan 10, 2009 8:41 am) If you haven't finalized this deal yet, you're in luck. BMW recently introduced a special $2,500 cash incentive on leases of the 5-Series. Make sure to take this cash into account when renegotiating your deal. It will help you to get a much lower selling price. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: romer (Jan 11, 2009 7:30 am) When negotiating your deal on either of these cars, make sure to take the $2,500 cash incentive that BMW recently introduced on them into account. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: sellmyhome55 (Jan 17, 2009 12:09 pm) Shop around and negotiate the lowest possible selling price on the car that you're interested in. You can do some research first on how much you should pay by visiting the "BMW 5-Series Prices Paid and Buying Experience" discussion. Make sure to take the $2,500 cash incentive that BMW just introduced on this car into account during your negotiations. Once you have arrived at a selling price that you are comfortable with, have the dealer calculate your car's monthly payment using BMW Financial Services' buy rate lease money factor for it, .00175. This money factor will be slightly higher, .00190, if you are a non-returning BMW FS lessee who wants to have their car's security deposit waived. Make sure that the dealer doesn't charge you a higher money factor than this. BMW dealers are notorious for marking car's factors up to add additional, hidden back-end profit to deals. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car man.... what do you think? 2009 528xi premium / cold weather / ipod adaptor 1st month, tax, title $1008 at signing Monthly $619 including tax |
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Am I correct that dealers have just as much ability to negotiate the "cap cost" of a lease as they do the "sale price" of a cash or financed deal? I have been lead to believe that the lease components are all "set" by the finance company. I guess I just want to be sure I can walk in and negotiate off of invoice as easily if I lease vs buy. Are there any lease components that can not be negotiated?? Residual would seem to be one. Much thanks! |
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Replying to: yatze (Jan 03, 2009 1:05 pm) Checking back in with you on latest auction prices and any other advice you might have re purchasing my leased '06 BMW530xi wagon. Lease is up first week in March. Car currently has 20,700 miles BMW Financial called and offered $6000 off the residual which brings it down to 29K and 2.9% financing. This matches the price for the CPO at the local dealer except the dealer has .9% financing. I think I can do better with your help. Dealer tried forcing the deal because he didn't know how long .9% financing would be available, but I told him I would wait. Thanks for all your help and everyone else who responded. |
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Replying to: jayrider (Jan 03, 2009 12:16 pm) Checking back in with you on latest auction prices and any other advice you might have re purchasing my leased '06 BMW530xi wagon. Lease is up first week in March. Car currently has 20,700 miles BMW Financial called and offered $6000 off the residual which brings it down to 29K and 2.9% financing. This matches the price for the CPO at the local dealer except the dealer has .9% financing. I think I can do better with your help. Dealer tried forcing the deal because he didn't know how long .9% financing would be available, but I told him I would wait. Thanks for all your help and everyone else who responded.
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Checking in for latest auction prices and any other advice you might have re purchasing my leased '06 BMW530xi wagon. Lease is up first week in March. Car currently has 20,700 miles BMW Financial called and offered $6000 off the residual which brings it down to 29K and 2.9% financing. This matches the price for the CPO at the local dealer except the dealer has .9% financing. I think I can do better with your help. Dealer tried forcing the deal because he didn't know how long .9% financing would be available, but I told him I would wait. Thanks for all your help and everyone else who responded. |
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Replying to: Car_man (Jan 30, 2009 2:55 am) I leased the 09 528I a week ago. Premium pack. Xenon light/Satellite Radio/ipod adapter. I wilkl be billed for one month of my old lease that was due the next day and BMW issued a ck for the 3 remaining months. I then paid $2500.00 down and $640.00 tax included.
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Does anyone know if BMW will extend the $2500 rebate on the 5 series? I'm trying to decide if I lease a new 528 now or wait until my lease is up on 3/11. I can get .00175 MF, $500 over invoice. Is this a good deal? Thanks for any help! Jen |
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