3910 messages,
Last post on May 18, 2013 at 11:25 PM
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BMW 5 Series, Car Leasing, Sedan, Wagon
#2604 of 3910 Re: New Lease program [Car_man]
by rob_m3
Dec 04, 2009 (8:18 am)
Hi Car_man, thanks for your reply.
I'm in the market for a 528 or 535, and I'm not in a hurry to get one, but at the same time I dont want to loose the $2500 Holiday incentive BMW is offering now, Do you think BMW will lower the MF in January to get more aggressive or is this as it will get?
right now my dealer is offering the following to me:
All offers are with 36/10 $2000 total out of pocket
1. 2010 528i only option is VP $568 + Tax
2. 2010 528i Sport Pckg, VP, Xenon, $619 + Tax
3. 2010 535i Premium, Sport, $655 + Tax
Your thoughts
Thanks
RM
Dec 06, 2009 (6:24 pm)
Does anyone know the residual value for a 4 yr lease at 10K per year? 12K per year?
#2606 of 3910 How do I calculate what the monthly payment should be?
by manhattan_bmw
Dec 07, 2009 (3:19 pm)
Looking to lease my second 528xi for 2010. Edmunds shows MSRP of $48,100 and invoice of $4,250. Dealer claims he's giving it to me for $500 over invoice. With december sales event and loyalty program, there is $4000 in bmw money. If the MF is .0025 and the residual is 61% on a 3 year lease with 10K miles/year, how do I calculate what the monthly payment should be? Dealer also will take back my current lease 2 months early and credit the outstanding payments toward the new one.
#2607 of 3910 Re: BMW 5-Series: Lease Questions [Car_man]
by southpass
Dec 08, 2009 (5:21 pm)
Would you kindly explain the concept of "lease money factor" and the relevant calculations behind it and or the analysis performed with the factor.
Thank you.
#2608 of 3910 Re: How do I calculate what the monthly payment should be? [manhattan_bmw]
by 2buyabmw
Dec 09, 2009 (5:44 am)
HI Could u pls tell me which dealership and the price offered.I am also looking to lease a 528i base model.Thanks for your help.
#2609 of 3910 Re: December Lease Rates 528i [Car_man]
by nc_driver1
Dec 09, 2009 (11:13 am)
Many thanks Car Man!
#2610 of 3910 Re: How do I calculate what the monthly payment should be? [manhattan_bmw]
by nlkleinberg
Dec 09, 2009 (11:58 am)
It's really simple.
1. Calculate residual: 61% of MSRP. MSRP in your case is $48,100.
2. Figure capitalized cost: in your case the invoice price - the $4000 in bmw money + inception fees ($825?). There may be other items you'd want to put in there but that's a good start (I assume no down payment).
3. 2 - 1 is your depreciation, divide by 36 to get amount of depreciation per month.
4. Take (1 + 2) X .0025 to get your monthly finance charge.
5. Add 3 & 4 to get your pretax payment per month. Depending on where you lease you may need to pay the Sales Tax upfront or you can add it per month to the payment.
There are a few other wrinkles but that should be about it (at least you can get an idea).
HTH (unless I'm wrong, in which case I would welcome any corrections).
#2611 of 3910 BMW 2009 528XI lease take over- help!
by stonefoxx
Dec 10, 2009 (9:40 am)
Hi all - I have an opportunity to take over a lease- 2009 528xi fully loaded-7k miles- 26 months left on the lease- the current leaser wants 2k for his pocket and wants me to pay the 600.00 lease transfer = 2600.00 out of my pocket- the monthly payment is 590.00 a mo. is this a good deal? can I do better at bmw on 2010 with all they are offering now?
thank you
#2612 of 3910 Lease Deal
by rob_m3
Dec 10, 2009 (3:34 pm)
Hey Car_man, or anybody,
I've being negotiating with my local Dealer (miami Fl) for a few weeks, and this are the best numbers so far:
2010 528i with Premium Package
MSRP $47575
Selling price $42500
61% residual
.00245 MF
36/10
2000 total money out of pocket
$549 + Tax ($588 with tax)
what do you guys think??
Dealer is telling me this are the rock bottom numbers.
#2613 of 3910 Re: Lease Deal [rob_m3]
by kindzcar
Dec 11, 2009 (1:37 pm)
I'm picking up a 2010 535xi in a few days no money down except I bought down the $$$ factor which is refundable. 12k a year 36 months with premium,value,park distance,nav,sat,logic 8 stereo....... MSRP $58,800--------$639 a month tax included.