Last post on Dec 12, 2013 at 7:43 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Car Leasing, Sedan, Wagon
#2620 of 4294 Re: BMW 2009 528XI lease take over- help! [gtli]
Dec 12, 2009 (10:23 pm)
I think it all depends on how the original lease was structured. If it was a no down-payment lease, the original leasee will need to pay an incentive for someone to take over the lease. After all, he/she enjoyed the new car smell. On the other hand, if a person, while not advisable, paid a down payment -- which reduced monthly payment -- he/she will want/try to get a portion back.
In addition, the selling price (to calculate capitalized cost) and money factor also play important role. Let's say someone got a lease with 0.00095 money factor, that lease, with lower payment, may be more attractive than a new lease with 0.0025 money factor. Then there may be refundable MSD (multiple security deposit), which the original leasee will definitely want it back.
Therefore, it is possible to PAY the original leasee to take over his/her lease.
#2621 of 4294 Re: Lease Deal [kindzcar]
Dec 13, 2009 (4:13 am)
please send info on your dealer in ny
#2622 of 4294 Re: Lease Deal [kindzcar]
Dec 13, 2009 (7:02 pm)
Can you tell me more about "'buying down the money factor"? I think BMW's MF is ridiculously high right now (0.00280) in San Diego, CA. You mentioned that the money used to buy down the rate is refundable or you can roll it over??? Tell me more about how exactly that works....please!!! Thank you!!
#2623 of 4294 Re: Lease Deal [mjr2u]
Dec 13, 2009 (7:27 pm)
You max out the security deposits. At the end of the lease you get it back or you can roll it over to your next lease. Also, keep ur miles at 12k as ur residual stays higher then 15k and you can buy ur miles up with 4 months left in ur lease for .01 more then up front.
#2624 of 4294 Re: December Lease Rates 528i [Car_man]
Dec 14, 2009 (12:38 pm)
I am negotiating for the lease of a 2010 528i with M-Sport, Premium, Cold Weather, Sirius, Nav for MSRP $55,320. The dealer provided the following: 61% residual for 36 months with 10k/year (that's all I need) and money factor of .00285. The money factor seems to be high given other posts. They said that there is $2500 from BMW but they said I cannot get the $1,500 loyalty even though I leased a 2006 330i from BMWFS because I bought out the lease more than 6 months ago.
Can I get the $1500 Loyalty?
Can you confirm the MF- seems like they are marking it up.
Is it reasonable to start at invoice less $4000 ($2500 and the $1500)?
Thanks in advance. You helped me get a phenomenal deal on my MB GL320 lease- thanks for that too.
#2625 of 4294 Need some help on 528xi in NJ
Dec 14, 2009 (1:10 pm)
I am currently at the end of a lease on 2008 328i convertible hardtop, ending end of Feb 2010. The dealer said that they would do an early termination. Gave me this deal on a 2010 528xi:
term: 36 mos
Initial payment: $6,623.99
The car comes with Premium package, Value package, and Navigation.
this includes the $2,500 incentive only.
Can I do better?
#2626 of 4294 Re: Need some help on 528xi in NJ [mobilejae]
Dec 14, 2009 (6:43 pm)
Wow - this sounds really bad. No $1500 loyalty. How many miles / year? What is the msrp and cap cost? Can you provide details on your $6k payment - how much is cap cost reduction, tags, fees, etc?
#2627 of 4294 Re: Need some help on 528xi in NJ [johninDC]
Dec 15, 2009 (5:44 am)
The sheet he gave me says:
and no break down on the $6,623.99 but says everything is included. This is for 12K miles per year. He says that the loyalty is for previous X5 owners. I'm checking some other dealers....
#2628 of 4294 overwhelmed
Dec 15, 2009 (10:45 am)
what a process first time potential car lease
here are the facts:
2010 528xi premium and value package, navigation, satellite radio and park distance control.
mthly payment $648
nothing down total payout $1895.75
unfortnately i don't have the $ factors yet..any intial thoughts would be welcomed
#2629 of 4294 5 series - wait or pull trigger
Dec 15, 2009 (12:59 pm)
If you are thinking of leasing a 5 series in the next 120 days, the question do you pull the trigger now with holiday cash or wait another 1-3 months. I was told they are no longer making the 2010s and the new design for 2011 should hit the dealers in May. Take a look back 6-7 months at the E350 - MB was discounting the car $10k and leases were getting done around $520/month with no money down.
Will BMW offer same type of deep discounts in the next 30-120 days?