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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2731 messages, Last post on Mar 20, 2010 at 11:20 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Wanted to share my experience here with you all since i have been monitoring it all the time. This was in freehold, nj used the x3 pull ahead program (had 3 months left on lease) and was over miles by 6k and dented bumper 528xi Arctic Blue with beige leatherette interior Cold weather pack ipod adapter bmw assist/bluetooth Sticker $50,800, 36 month, 12k miles Ended up paying $500/month with tax included with $3000 at signing. Around $1700 for the normal fees and first month and an additional $1300 for cap reduction. And they just took my X3 and didnt charge me for miles or the bumper. Thought it was a pretty decent deal for a sick car.
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Replying to: jjrnj (May 16, 2009 4:12 pm)
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Replying to: jjrnj (May 17, 2009 7:13 am) Want to share my understanding. Did you receive the security deposit for your X3 back from BMW? Dealership does not handle the cost for the dent and the over mileage. BMW will first deduct the cost from the security deposit, remaining balance will be billed to you from BMW.
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Replying to: stickyfeet (May 13, 2009 8:16 pm) If you intend to keep the vehicle, run flat is also required for CPO. You are fine if you want to keep the vehicle w/o CPO. It requires some negotiation before my dealership was willing to CPO my BMW w/o run flat. |
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Replying to: Car_man (May 15, 2009 2:37 am) Also wants to share my experience with everyone. I end up buying out my BMW at the end of the lease. Residual value 35K, buyout price 31K without CPO. ($1,800 addition for CPO) Finance with www.penfed.com at 3.9% for 60 months. My dealership detailed the car, performed oil change and all the safety checks.
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Replying to: bmw530owner (May 17, 2009 11:18 am)
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Replying to: Car_man (Apr 22, 2009 2:40 am) Can you tell me what the money factor is for a 2010 550i euro delivery? I am looking at a 36 month lease with 15K miles per year. The salesperson is telling me that BMW finance dictates a higher euro delivery money factor than the 0.00175. Is that true? Is this negotiable? Also, what is the lowest euro delivery money factor for a 2010 M5, with the same lease terms? thanks for your help, kt
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Replying to: jjrnj (May 17, 2009 2:49 pm)
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Hi - this was the quote I received on an 2009 535ix that has 3,600 miles on it. Can you point out where they are screwing me. Thanks MSRP: $61,845 Cap Cost (or sales price): $58,000 (so he took $3,845 off the MSRP for a car with 3,600 miles on it) BMW Rebate: $2,500 Buyer cap reduction: $3,500 Net cap cost of the car is $52,000 Money Factor is .00195 36 month lease 10,000 Miles per year Residual $37,725 (61% of the MSRP) In addition to the $3,500 cap cost reduction, I am also paying the following: $650 sec deposit $637.54 1st payment $925 Acq Fee $220 Doc fee $500 up front tax (not sure what this is yet) Total buyer cost of $6,432.54 to drive off It looks like my monthly payments should only be $572.00 + tax (but he quoted me $595 + tax Thanks for your help and advice!
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