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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

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


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#2533 of 2604
October 2009 MF by smartcpa
Oct 02, 2009 (8:08 am)
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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.
#2534 of 2604
Re: 528xi Money Factor and Residual [Car_man] by armitagemike
Oct 05, 2009 (1:55 pm)
Reply

Replying to: Car_man (Sep 28, 2009 2:27 am)

Car Man:
 
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!
#2535 of 2604
Re: October 2009 MF [smartcpa] by Car_man HOST
Oct 06, 2009 (2:48 am)
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Replying to: smartcpa (Oct 02, 2009 8:08 am)

Hi smartcpa. BMW's October lease program for the 2010 535xi is exactly the same as it was in September.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2536 of 2604
Re: 528xi Money Factor and Residual [armitagemike] by Car_man HOST
Oct 06, 2009 (2:51 am)
Reply

Replying to: armitagemike (Oct 05, 2009 1:55 pm)

You're welcome armitagemike. Let's work up some payments and see what we come up with.
 
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
#2537 of 2604
Lease Question on 2010 BMW 528i by sjbarrister
Oct 09, 2009 (12:34 pm)
Reply
Hi Car Man,
 
I need your help in determining whether this is a good deal on a 2010 BMW 528i:
 
MSRP: $49,400
Sale Price: $47,400
MF: .0016
Residual: 61%
Miles: 10,000 per year
Monthly Payment: $661 excluding tax
 
I am not paying anything out of pocket. The dealer is going to pay for first payment, aquisition fees, security deposit, etc.
 
Thanks for your help!!
#2540 of 2604
Re: 528xi Money Factor and Residual [Car_man] by ed4040
Oct 09, 2009 (4:00 pm)
Reply

Replying to: Car_man (Oct 06, 2009 2:51 am)

Car_Man,
 
If using the same numbers, what would the lease payment be for 15k miles per year?
#2541 of 2604
Re: 528xi Money Factor and Residual [ed4040] by kyfdx HOST
Oct 10, 2009 (9:33 am)
Reply

Replying to: ed4040 (Oct 09, 2009 4:00 pm)

If the spread between 10K and 12K is $14/mo., then add $28/mo. to move from 12K to 15K..
 
regards,
kyfdx
#2542 of 2604
When to lease? by sailingmoe
Oct 17, 2009 (1:25 pm)
Reply
We are going to lease a new 525 some time soon. We are very flexable on the timing. Is there a better month to lease in because of the residuals? late in the model year, early in the model year or does it not matter. Thanks for your thoughts

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