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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2604 messages, Last post on Dec 04, 2009 at 7:18 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: Jenn (Feb 02, 2009 3:56 pm)
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Replying to: yatze (Feb 02, 2009 6:51 am)
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Replying to: jayrider (Feb 02, 2009 6:50 pm) |
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Replying to: kyfdx (Oct 06, 2007 9:57 am) Last month auction block price for this car was about $26k. I am interested in purchasing my car at end of lease and dealer seems willing to negotiate. But I need that auction price. Thanks. |
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