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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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#2543 of 2604
550i MF & Residual - October 2009 by amgrouchy1
Oct 18, 2009 (11:03 am)
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Does anyone have the October money factor and residual rates for a 550i?
 
also and prices paid and experiences would be appreciated!
 
Thanks.
#2544 of 2604
Re: 550i MF & Residual - October 2009 [amgrouchy1] by amgrouchy1
Oct 18, 2009 (11:07 pm)
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Replying to: amgrouchy1 (Oct 18, 2009 11:03 am)

i realize i didn't provide enough information. Hoping to get the money factor and residual for a 2010 550i, 10k miles/yr for both 24 and 36 month term.
 
i was given a residual of 57% by the dealer for 10k and 36 months, but i saw somewhere else the residual listed at 57% for 15k miles per year and am wondering if the dealer gave me wrong information or i should blame it on the internets.
 
trying to get a deal done this week so any insight quickly would be great help!
 
also, has anyone been getting straight invoice or even below? a 550 with manual transmission is hard to come by without ordering.
#2545 of 2604
2010 535i by poppdriver
Oct 19, 2009 (12:22 pm)
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I am interested in leasing a 2010 535i. After doing some research, I settled on a configuration that I like. I have two questions:
 
1. I would prefer a car with the Logic 7 sound system. Since few dealers seem to have one in stock, will this make it more expensive for me to lease the car? For example, will the dealer be less willing to deal on the sales price (cap cost) if he has to obtain the car from another dealership? (I know I'll have to pay for the cost to truck the vehicle here.)
 
2. Based on what I have read on this forum and elsewhere, I was thinking I would offer to pay a cap cost of $1000 above invoice and a MF of .00156. Is that unrealistic?
 
Thank you.
#2546 of 2604
Re: 550i MF & Residual - October 2009 [amgrouchy1] by SergeyM
Oct 19, 2009 (1:49 pm)
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Replying to: amgrouchy1 (Oct 18, 2009 11:07 pm)

October numbers are
2010 BMW 550i Sedan
24 Month – Residual 61% of MSRP – .00155 Base Rate
36 Month – Residual 57% of MSRP – .00155 Base Rate
for 15K miles per year, you should add 3% for 10K miles., MF does not change.
You can shoot for invoice and agree on $2-500 over with some dealers.
You will most probably have to order one. Not many 550 are in stock even with auto.
#2547 of 2604
Urgent Response Needed!! by sjbarrister
Oct 19, 2009 (8:34 pm)
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I negotiated with a dealer a sale price on a 528i for $45,000 with MF of .00145. The dealer agreed, but wants to lower the price to $43,981.00 but raise the MF to .00185. For both scenarios, the monthly payment is the same. But is there something I am not seeing? Is there any disadvantage or advantage to agreeing to the dealer's offer?
 
Thank you.
#2548 of 2604
Re: Lease Question on 2010 BMW 528i [sjbarrister] by Car_man HOST
Oct 20, 2009 (2:11 am)
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Replying to: sjbarrister (Oct 09, 2009 12:34 pm)

Hi sjbarrister. Let's take a look at the deal that you were quoted. The car that you are interested in, a 2010 528i Sedan, probably has a spread of around $3,800 between its full MSRP and its dealer invoice price. That puts the selling price that you were quoted at around $1,800 over dealer invoice. That's enough meat left on the bone that if you have the time and are so inclined it wouldn't hurt to comparison shop a little to see if you can beat this offer.
 
Once you arrive at a selling price that you are comfortable with, have the dealer calculate your car's monthly payment using its buy rate lease money factor of .00145 (.00160 for non-loyal customers who wish to have their security deposit waived).
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2549 of 2604
Re: 528xi Money Factor and Residual [ed4040] by Car_man HOST
Oct 20, 2009 (2:15 am)
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Replying to: ed4040 (Oct 09, 2009 4:00 pm)

Hi ed4040. Using the numbers in the post that you referenced, but increasing the mileage allowance to 15,000 miles per year would cause the payment to rise to around $647.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2550 of 2604
Re: 550i MF & Residual - October 2009 [amgrouchy1] by Car_man HOST
Oct 20, 2009 (2:27 am)
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Replying to: amgrouchy1 (Oct 18, 2009 11:03 am)

You don't sound that grouchy to me, amgrouchy1. BMW Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2010 550i with 15,000 miles per year are .00155 and 57%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2551 of 2604
Re: Lease Question on 2010 BMW 528i [Car_man] by sjbarrister
Oct 20, 2009 (6:30 pm)
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Replying to: Car_man (Oct 20, 2009 2:11 am)

Thank you Car_Man. I have negotiated a sale price and MF as described in my post #2547. What you you think?
 
Your response is greatly appreciated.
 
Thank you.
#2552 of 2604
Re: Urgent Response Needed!! [sjbarrister] by Car_man HOST
Oct 21, 2009 (1:30 am)
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Replying to: sjbarrister (Oct 19, 2009 8:34 pm)

You're welcome sjbarrister. The $45,000 selling price that you negotiated is an excellent deal. I guess that somehow the dealer is making more profit on this deal by marking up the money factor. As long as none of the other terms of you lease have changed and the monthly payment is exactly the same, I don't see any harm in letting them reduce the price further and mark the factor up.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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