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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

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


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#2412 of 2595
Re: 2010 BMW 528 xi Lease Deal [samcity] by x021627
Jul 07, 2009 (6:19 am)
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Replying to: samcity (Jul 07, 2009 6:09 am)

do not put $$$ down on a lease....ever.....what is the down payment? nornally you would pay for security deposit, first payment, doc fees and sometimes people prepay taxes which I wouldn't do.
#2413 of 2595
Re: 2010 BMW 528 xi Lease Deal [x021627] by samcity
Jul 07, 2009 (6:26 am)
Reply

Replying to: x021627 (Jul 07, 2009 6:19 am)

Around $3800 as down payment. For everything else is drive off fees. Do you think it's good deal?
 
and I tried hard to understand why I shouldn't ever make down pay. Can you advise why we shouldn't do that? Thanks!!!
#2414 of 2595
warranty question by gardis
Jul 07, 2009 (10:08 am)
Reply
Guys,
Question on warranty: I recently got a 2007 CPO 530i, which I love. The warranty runs to end of June 2012. In service date was June 2006.
 
When I was reading the vehicle manuals, I noticed in that leather bound case, a white card, size of a credit card, that was issued by BMW which has VIN, model, and IN SERVICE DATE. The in service date according to this card was January 2, 2007.
 
When I questioned the dealer ( I really don't think they could or would try to fool someone on a major issue like a warranty), she told me that was not the final word on the in service date, that it was in the system.
 
What is this card, and what does it mean? I cannot be the only BMW owner that has a vehicle with that white card (looks like a credit card) on the left side of the leather case holding the manuals. If I have to, I want to copy it, and send it to BMW USA and ask about it, but I don't want my dealer to feel I don't trust them as I need them for servicing, etc.
 
What do you think? Is there any way I can independently check on my vehicle's in service date?
#2415 of 2595
warranty question by gardis
Jul 07, 2009 (10:11 am)
Reply
Guys, (I'm cross posting this message as this seems a much more active topic):
 
Question on warranty: I recently got a 2007 CPO 530i, which I love. The warranty runs to end of June 2012. In service date was June 2006.
  
When I was reading the vehicle manuals, I noticed in that leather bound case, a white card, size of a credit card, that was issued by BMW which has VIN, model, and IN SERVICE DATE. The in service date according to this card was January 2, 2007.
  
When I questioned the dealer ( I really don't think they could or would try to fool someone on a major issue like a warranty), she told me that was not the final word on the in service date, that it was in the system.
  
What is this card, and what does it mean? I cannot be the only BMW owner that has a vehicle with that white card (looks like a credit card) on the left side of the leather case holding the manuals. If I have to, I want to copy it, and send it to BMW USA and ask about it, but I don't want my dealer to feel I don't trust them as I need them for servicing, etc.
  
What do you think? Is there any way I can independently check on my vehicle's in service date?
#2416 of 2595
Re: warranty question [gardis] by kyfdx HOST
Jul 07, 2009 (2:23 pm)
Reply

Replying to: gardis (Jul 07, 2009 10:11 am)

I've never seen a card like that in a BMW.
 
It certainly couldn't have come with the car, because the in-service date is when the car is sold, which can't be determined ahead of time.
 
Your dealer is correct that the date in the system for your VIN number is the one that governs the warranty.
 
Next time you are by the dealer, take your VIN number into the service advisor, and ask him (or her) to tell you your in-service date.
 
regards,
kyfdx
#2417 of 2595
Another Question about Locking the vehicle by gardis
Jul 08, 2009 (9:45 am)
Reply
Thanks for that info. Your explanation makes sense. I'm going to take it to my former service dealer BMW of Darien and ask her to put the VIN in the system and see what comes up.
 
Question: if I want to warm up the engine in the winter, I usually close the door and go in the house for 10 minutes. I notice now that with this vehicle, the doors automatically lock after I"m in the car a few minutes. How can I prevent the doors from locking if I'm not sitting in the car, with the engine running? I know there has to be a way to do this. I know I should consult the OM but haven't done so yet. I'm working my way through it..........
 
Thanks Kyfdx, really appreciate your input. I've learned a tremendous lot from this forum.
 
Gardis - CT
#2418 of 2595
Re: Another Question about Locking the vehicle [gardis] by x021627
Jul 08, 2009 (12:22 pm)
Reply

Replying to: gardis (Jul 08, 2009 9:45 am)

I can change it in my car in idrive. I have it set to lock the doors once I start driving.
#2419 of 2595
MF and Residual Rates by jsmduke
Jul 13, 2009 (1:33 pm)
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Can anyone tell me what the current BMW Financial MF and residual % rates are for a 36 Month lease on a 2010 535I with M sport package?
 
Residual for both 10K and 12K miles a year would be helpful.
 
Thanks!
#2420 of 2595
Re: CAPA2 [capa2] by Car_man HOST
Jul 14, 2009 (2:19 am)
Reply

Replying to: capa2 (Jul 02, 2009 7:58 am)

Hi capa2. I realize that you're talking about a 2010 model and that dealers are probably more anxious to unload whatever remaining 2009 5-Series models they have, if any...but $2,000 over dealer invoice doesn't get me very excited. If I was in the market for this car, I personally would do some comparison shopping to see if I could beat this price.
 
BMW is not currently providing any cash incentives on the 2010 528xi.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2421 of 2595
Re: 2010 550i lease rates & residuals [ktx968] by Car_man HOST
Jul 14, 2009 (2:27 am)
Reply

Replying to: ktx968 (Jul 02, 2009 6:26 pm)

Hello ktx968. The 2010 BMW 550i's lease program is exactly the same in July as it was in June. The numbers that you mentioned in your post are correct.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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