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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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All, In the past I have always bought my cars but I am considering leasing a car at this time. I am looking at leasing a 2009 or 2010 528i with Prem package, navigation, park distance control and split rear folding seats. I am looking at a 3yr lease with 15K miles. Can I ask for some advice on what is a reasonable purchase price, what is the MF and what would be reasonable monthly payments. Live in SoCal. Any help would be much appreciated. |
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Replying to: kyfdx (Sep 26, 2009 7:23 am) i have a vehicle allowance as part of my compensation package and i drive too many miles for a straight lease program. based on what the dealer told me, i can also roll the vehicle into a new vehicle and continue the lease type payments. i never plan nor need to purchase a vehicle given my situation so i'm going to go with it. |
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Replying to: bmwpower2010 (Sep 03, 2009 9:52 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: bettencb (Sep 04, 2009 7:08 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: armitagemike (Sep 18, 2009 5:46 am) The money factor for a lease with only 10,000 miles per year is exactly the same, but the residual value would be 1% higher. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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I am about to sign lease w/ JMK BMW in NJ - 36 months - 15k miles/year; $15k down (includes Audi trade-in); MSRP = 60,170; Invoice = 55,925; "Price" on lease sheet = 57,000. MF = .00165 and .58 residual. Lease cost = $455/month. Liive Union County, NJ; Reasonable??? Should I be asking for .00155, and, for $500 above the invoice price?
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Need you advice please. Your help is amazing!! so nice of all of you to share the advice. 2010 - 530i (with Premium and Cold weather Pkg) retails: $53,425 - ($3000 discount on the vehicle) residual value: 61% at 10,000 miles per year (I don't drive much, so 10,000 is fine for me) lease rate: .00113 with (6) six multiple security deposits ($700 x 6 = $4200) $662.34/mo including tax – with $4937.34 due at singing ($4200 is refundable SD) (Sales tax in here is 6.75%) Is this a good/bad deal? Thanks in advance! |
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Replying to: wedgeman (Sep 29, 2009 10:27 am) Best Wishes......
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Replying to: x021627 (Sep 30, 2009 5:00 pm)
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Replying to: wedgeman (Oct 01, 2009 12:20 pm) |
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