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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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#2572 of 2595
Newbie Pls help by 2buyabmw
Nov 06, 2009 (3:19 pm)
Reply
Hi Car_man and others,
 
I was quoted :
 
Model: 2010 528i Sedan
  
Options :STEPTRONIC Automatic Transmission, Cold Weather Package, and Comfort Access System
 
MSRP $48,375
  
Months 36
  
Miles Per Year 10,000
  
Initial Investment $3,500 + Tax/Fees
  
Monthly $486/month and 552/month for a 535i with the same options.He quoted the MSRP same for both but the payments different.
 
Is this a mistake or is this deal a doable one?
 
Pls let me know as I am new to leasing and has never leased/owned a BMW.
 
TIA.
#2573 of 2595
New Lease program by rob_m3
Nov 09, 2009 (5:48 pm)
Reply
Hi car_man,
 
Any news if BMW Financial is planning on lowering the MF on 2010 528i 36/10 before the end of the year. Currently is .00245, a little high considering they want to move the remaining inventory before the new 5 hits showrooms.
 
Thanks,
 
RM
#2574 of 2595
Dents & dings at the end of my lease by johninDC
Nov 09, 2009 (7:06 pm)
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My car has a few nice door dings and scratches. If I lease another BMW from BMW Finance do I need to worry about it or will they look the other way?
 
Also, my lease is up in March. Everyone agree that December is the best month to sign my new deal? Thanks
#2575 of 2595
Re: Any thoughts on a bottom line? [fm1] by mjr2u
Nov 10, 2009 (10:17 am)
Reply

Replying to: fm1 (Nov 05, 2009 7:04 pm)

SergeyM: Was just at my BMW dealer on Sunday. BMW Finance is now offering $2,500 "Holiday Cash" and for current 5 Series owners, and additional $1,500 if you buy or lease another 5 Series (5 for 5 Promo).
#2576 of 2595
BMW 535i Lease Question by mjr2u
Nov 10, 2009 (10:39 am)
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Hi Carman
 
Can you confirm the current Nov 09 MF and Residual rates are on a 2010 535i sedan? I was told that the Nov rates went up to 0.0028 MF, 60% residual on a 3yr/12k mi/yr lease. That is quite a jump from the 0.00155 Oct MF rate. However, they are offering $2500 cash, plus $1500 loyalty bonus now. I negotiated $1000 over invoice, but they are also adding in $480 in dealer advertising fees. Here is the breakdown:
Base MSRP: $51,100
Neptune Blue, Cream/Blk Dakota, Bamboo
Cold Weather Pkg $750
Premium Pkg: $750
Active Cruise $2400
Comfort Access $1000
Head-Up Display $1200
Heated Rear Seats $350
Multi-Contour Seats $1200
Nav $1900
Power Rear Sunshade $575
Split fold down rear seat $475
Premium Hi Fi $1200
Satellite Radio $595
Park Distance $750
Destination $825
Total MSRP - $65,550
Negotiated price - $57,150
MF=0.0028
Residual=60%
 
With 2k down, they are telling me $873/mo, 36 mo, 12k mi/yr.
Does that look like a good lease?
#2577 of 2595
Re: BMW 535i Lease Question [mjr2u] by SergeyM
Nov 10, 2009 (10:32 pm)
Reply

Replying to: mjr2u (Nov 10, 2009 10:39 am)

I have a similar offer for 2010 550 (MSRP $70,070). $2,250 out of pocket and $875 per month. I assume that your $2K down are not the cup cost reduction just the initial payment (first month and fees) still my deal seems to be a little bit better.
#2578 of 2595
November Money Factor Rate by l0m6905
Nov 11, 2009 (9:48 am)
Reply
Hello-
 
Can someone tell me what is the money factor rate for the 2010 535i 36 month lease, 12,000 miles? The dealer here in Dallas,TX is charging 0.00285. I think this rate is a bit high but I need to know if I can negotiate a lower rate.
 
Thank You
#2579 of 2595
Re: November Money Factor Rate [l0m6905] by fm1
Nov 11, 2009 (11:10 am)
Reply

Replying to: l0m6905 (Nov 11, 2009 9:48 am)

In DFW, Classic and Moritz offering MF .00280. They are marking up by a percent. What I have learn that they don't want to negotiate on MF but they can lower the price. I think you should be able to get 1000 over invoice easy. I think MF is to high. .00280 means about 6.7%. Though BMW is offering $2500 to new customers but in reality it is miss leading. If not in a hurry, I would wait for better MF.
 
fm
#2580 of 2595
Re: November Money Factor Rate [fm1] by l0m6905
Nov 12, 2009 (6:20 am)
Reply

Replying to: fm1 (Nov 11, 2009 11:10 am)

The Dallas dealership recommended if I lease the 2010 535i with the M Sport package then I should purchase the tire warranty which was $1,189.00. This warranty covers damage to the tire but if the tire needs to be replaced due to normal wear & tear then I would be responsible for the cost of the tires. Should I purchase this tire warranty???? (note: salesman said it would cost $550.00 per tire) Please advise.
 
Thank You.
Dallas BMW Girl
#2581 of 2595
Re: November Money Factor Rate [l0m6905] by fm1
Nov 12, 2009 (7:09 am)
Reply

Replying to: l0m6905 (Nov 12, 2009 6:20 am)

If you damage a tire, they will only pay for that tire. If your damaged tire was fairly new then it may be okay but in most cases you want to replace the tires in pair. I would just put that money in the saving account collect interest and insure my self.
 
fm

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