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BMW 5-Series Lease Questions

2603 messages,  Last post on Dec 04, 2009 at 3:01 AM

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

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#2164 of 2603 Re: buying a lease vehicle [kyfdx] by yatze Feb 03, 2009 (7:23 am)
Replying to: kyfdx (Oct 06, 2007 9:57 am) Can someone get me current auction prices for BMW 06 530xi wagon , 20,600 miles   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.
#2165 of 2603 by gardis Feb 03, 2009 (7:29 am)
yatze- my dealer in Darien, CT had a 2006 530I wagon, they were asking $34,900 and sold it. Take it from me -- just like jayrider told you, play hardball too much, and you will lose the car. Someone is out there ready to buy. I've already lost two cars that way. I'm kicking myself. Everyone has to make money, you have to be happy, but the dealer has to be allowed to make money too. That's how the game is played. If you know the vehicle is a good one, you'd be foolish to walk away from it, and start all over, espec. with another CPO. My two cents. Replies to this message: yatze (Feb 03, 2009 8:05 am) jayrider (Feb 03, 2009 8:59 am) yatze (Feb 03, 2009 9:13 am)
#2166 of 2603 Re: [gardis] by yatze Feb 03, 2009 (8:05 am)
Replying to: gardis (Feb 03, 2009 7:29 am) Thanks for the advice. Duly noted. Have to say that BMW Financial already dropped $6000 of the residual which brought it down to 29k and so I think I can do better at the dealer. You are correct, there are always folks who can pay. But I have 2 other cars old but serviceable, so if they won't deal, it's no loss. Replies to this message: jayrider (Feb 03, 2009 8:59 am) yatze (Feb 03, 2009 9:13 am)
#2167 of 2603 Re: [yatze] by jayrider Feb 03, 2009 (8:59 am)
Replying to: yatze (Feb 03, 2009 8:05 am) checked out cpo prices for your car and best price with 20k miles was 29900. If you have 28k offer than that isn't bad. 25-30k is an affordable price range for used bmw shoppers so they will sell it within a few months. Bargain hard from 25k until close to lease end and see where it brings you. Auction prices for an above average wagon can't be much less than 21-23k without cpo. Add dealer profit and cpo and even 28 doesn't seem bad but who knows in this market. There are a number of nice new vehicles available for 30k foreign/domestic. I just can't see spending almost 30k on any used car. Too many choices new. But to each his own -- good luck. Replies to this message: yatze (Feb 03, 2009 9:13 am)
#2168 of 2603 Re: [jayrider] by yatze Feb 03, 2009 (9:13 am)
Replying to: jayrider (Feb 03, 2009 8:59 am) Thanks for checking this out. You are correct there are lots of nice cars at 30K but very few wagons appeal. No other wagon really appeal at at the moment. Not seeing a lot of wagons for 30k though except the little ones which are too small and I don't want another Vovlo and don't like Saab or Suburau.
#2169 of 2603 Re: BMW 528 [rocky725] by Jenn Feb 03, 2009 (10:48 am)
Replying to: rocky725 (Feb 02, 2009 4:10 pm) Thanks for your response.   I got the dealer to go to invoice and also give me the $2500 rebate at .00175 MF but they wouldn't forgive my 2K over miles on my current 530. They also had some fees included that they couldn't explain for about $1000. They told me they were taxes on the difference between MSRP and selling price...it didn't add up. They also put on a $925 acqusition fee.   I held off on the deal. I'm hoping I can do better at the end of Feb.   If anyone knows a good dealer they can trust in the Bay Area, please let me know.   Thanks! Replies to this message: rocky725 (Feb 03, 2009 11:27 am) traindriver (Feb 03, 2009 8:49 pm)
#2170 of 2603 Re: BMW 528 [Jenn] by rocky725 Feb 03, 2009 (11:27 am)
Replying to: Jenn (Feb 03, 2009 10:48 am) If you got them to invoice less the $2,500 rebate that sounds like a good deal. The acquisition fee is $725 so they must be marking it up if they told you it's $925.   For one reason or another taxes are applicable on the rebate (but not the difference between MSRP and the selling price).   Can't help you with a dealer in CA but you should send out an email to all the dealers within 25 or 50 miles of where you live asking for a quote and see who gives you the best deal (you can get a list of dealerships and email addresses at bmwusa.com).
#2171 of 2603 Re: BMW 528 [Jenn] by traindriver Feb 03, 2009 (8:49 pm)
Replying to: Jenn (Feb 03, 2009 10:48 am) If anyone knows a good dealer they can trust in the Bay Area, please let me know.   bimmerfest.com has some sponsors in SoCal if that isn't too far. Might be worth a shot. Click "sponsors" in the top right corner. "P.K." posts often in the forums.
#2172 of 2603 by robprivi Feb 08, 2009 (9:43 am)
Car Man   I am coming off of a lease at the end of March. I am in the market for a 2009 base 535 bmw. What can I expect to pay on a 36 month lease. I live in the Atlanta area and have perfect credit. I did get a quote from one dealer(535ia regular retail 55,320 1500 down, 603 + tax per month). Replies to this message: smithsonga (Feb 08, 2009 11:43 am) Car_man (Feb 23, 2009 3:04 am)
#2173 of 2603 Re: [robprivi] by smithsonga Feb 08, 2009 (11:43 am)
Replying to: robprivi (Feb 08, 2009 9:43 am) My advice being in the ATL area, shop around for what exactly you want. Once you find a car, all dealers can get that car. So, email them all for quotes and go in round robin to get the final good price.   Definitely consider BMW of Macon and Athens vs. the big ATL guys. Also, try Chris at Global Imports.

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