Last post on May 18, 2013 at 11:12 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Car Leasing, Sedan, Wagon
#2202 of 3907 535XI Lease Questions
Feb 26, 2009 (8:40 pm)
Why do I see posts here where people ask if $709 is a good deal on a 528xi for 36 months if the BMW website has them with Premium package and auto trans for $559? Are the lease specials shown there realistic? How much dealer contribution do those monthly payments incorporate?
My goal is to lease a 535xi, 36mo, 10k miles, 4K down, for close to 500 per month, since the BMW site has it listed for $629 with 3500 down. I'm estimating that BMW's numbers have 2000 dealer contribution, and I would try to get for invoice.
#2203 of 3907 Special Financing
Feb 26, 2009 (8:43 pm)
The BMW website mentioned that the $2500 incentive was not only for prior lesses, but also for BMW financial customers. Does anyone know if you sign up for the BMW credit card, would you be eligible for the rebate?
#2204 of 3907 535 lease question
Feb 28, 2009 (11:09 am)
I live in Atlanta and I am not eligible for the loyalty discount. I am trying to lease a 535i with the premium package. The msrp is 55K. The best my dealer says he can do is 1450 down 650 per month with tax(6%). Reading the above posts, this does not sound like a good deal. Any help would be appreciated.
#2205 of 3907 Re: 535 lease question [robprivi]
Feb 28, 2009 (11:25 am)
My advice for ATL:
Get dealers to compete for the same or similar car.
Try Chris at Global, Josh at Macon and Rick at Athens.
#2206 of 3907 Thanks for the advice smithsonga
Feb 28, 2009 (7:29 pm)
I called around and got close to the deal I wanted. I leased the car for $536 down $650 month(tax included). MSRP was 55,320.
#2207 of 3907 Opinions Please Almost Ready To do This 535 Deal!
Mar 05, 2009 (4:08 am)
Got a dealer that will do this $859 a month 10k miles 36 months.
MSRP is $62,300
Selling to me for $59,310
From what I can see this is about $500 over invoice which seems reasonable.
I also have $3200 rollover on an X3 that is figured into the deal
$859 / month 36 months Taxes included, Only first payment down.
My issue is that it has the old i drive. Is it likely that doing ED on a new 2010
with same options and saving the 7% that I will get a better deal?
#2208 of 3907 Re: Opinions Please Almost Ready To do This 535 Deal! [jkmiec]
Mar 05, 2009 (6:28 am)
I didnt run the #s, so I will trust you on that. But the lease price is very high..which maybe because of the early turn-in costs. (X3)
One point to consider. I just got a 2007 550i Certified car. 30k miles on it for $35k. It is a $72k car loaded with the V8. I financed it for $640/month. Warranty until 2013, 100k miles. I will have equity in this vehicle making my relative monthly less as I will get some of that money back. lease is a throw away.
$200/month cheaper than the deal you are listing.
Just a point to consider.
#2209 of 3907 Re: Opinions Please Almost Ready To do This 535 Deal! [smithsonga]
Mar 05, 2009 (6:57 am)
One thing I think BMW FS should do is "eat" at least one of my payments to re lease with them. What's the best way to get that to happen ?
Mar 05, 2009 (3:03 pm)
I received the following lease offer:
36 month/ 10K
$2500 Reduction from BMW (Covers in fees)
Selling Price $48,114.52
Residual Percentage 61% ($30,634.20 at lease end)
Money Factor .0020
$519 mthly payment
Can someone share their opinion of this offer?
#2211 of 3907 Re: 2009 Lease [georgia8]
Mar 05, 2009 (6:26 pm)
Hard to say since you don't mention the msrp, but BMW website has 528i for 459 per month with 3500 down, plus an additional 2500 off (which would reduce the payment even more). this was for msrp 49,025. Sounds like your payment is too high.