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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2610 messages, Last post on Dec 09, 2009 at 10:58 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Does anyone know if the October 2009 Money Factors were changed for 535XI? I was quoted .00165 MF and 60% Residual.
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Replying to: Car_man (Sep 28, 2009 2:27 am) Thanks for your reply. I have worked out the following "terms" with my dealer on a 2010 528XI, but we are not coming up with the same monthly payments. Here are the particulars: MSRP of 52,895 Selling price of 49,500 Money Factor of .00155 and Residual of 61% for 10K, 60% for 12K No other cap reduction or cap increases are including, as I am paying all fees and taxes "at closing". Also, I am turning in a leased car, and I am under the impression that in Illinois the Fair Market Value of the car can be used to reduce the taxes on the transaction. So, I would greatly appreciate it if you would: 1) Advise me what you think the monthly payments should be for the 10K and 12K option given these numbers 2) Confirm that the taxes for this vehicle would be as I describe. Thanks! |
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Replying to: smartcpa (Oct 02, 2009 8:08 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: armitagemike (Oct 05, 2009 1:55 pm) According to my calculations, if you were to lease a 2010 BMW 528xi Sedan that has an MSRP of $52,895 and a selling price of $49,500 through BMW Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $620. The payment for a lease with only 10,000 miles per year would drop slightly to around $606. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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