Last post on Dec 07, 2013 at 8:53 AM
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BMW 5 Series, Car Leasing, Sedan, Wagon
#2696 of 4278 Reaging the 2008 BMW 535 Xi Lease Tranfer
Feb 17, 2010 (10:11 pm)
Hi all - I have an opportunity to take over a lease- 2008 535xi fully loaded-6k miles- 6 months left on the lease- the car has some scratches on the Bumper, i have some doubts that is that when we return the car to BMW at the end of the Lease term, is BMW will charge us for the Scratches on the Bumper and can any one can tell me how should be the Car when we return the Car at the end of the Lease?
#2698 of 4278 Re: $2500 holiday cash incentive over??? [mobilejae]
Feb 19, 2010 (3:03 am)
What you were told is correct, mobilejae. BMW replaced the holiday bonus cash that it was providing on a number of models with improved money factors.
Prices Paid: Buying & Leasing Experiences Forum
#2699 of 4278 Car Dealer Invoice vs. Edmunds Invoice Price
Feb 21, 2010 (7:54 pm)
I am thinking about leasing a 535xi with Prem, Value, Nav, Sat, which Edmunds shows invoices for $53,095 with MSRP of $57,670. Salesman says his invoice is $53,990 and says he is using $500 above invoice to calc. lease sales price ($54,490). Salesman claims Edmunds invoice price is not right but yet he agrees MSRP is correct (since I can see it on the window sticker). He shows me the "card" from which they key in the lease info with the invoice price on it, but I am more than a little skeptical. Any thoughts?
Feb 21, 2010 (8:07 pm)
Besides the new 535xi that I looked at in my prior post the dealer also has a 2010 demo 535xi with 4,000 miles on it loaded up with Nav, Prem, Logic 7, Sport, Comfort Access, Park Distance, Rear Sunshade, Value all of which makes car list for $61,395 and invoice as per Edmunds for $56,490.
If I lease I will take 15,000 miles a year for 3 years and will not go over the 50,000 mile warranty.
What do you think a reasonable price should be since the car is not "new"? I have no idea how to determine what is fair for the demo car since they say they would sell a brand new 535xi with less options as per my prior post for about $500 over invoice...if I can get the real invoice price out of the salesman since he disagrees with Edmunds invoice price.
Salesman asked if I would take the demo for the same price as the new one equip with Nav, Value, Prem and Sat.
Thanks for the help.
#2701 of 4278 Re: Price for 535xi Demo [bmwagainmaybe]
Feb 22, 2010 (6:54 pm)
When I was shopping around a few weeks ago for my 535xi, I was being offered demo cars for invoice by the dealers... The dealers are being pretty tight on the 5s because of the new models coming out shortly, and they stopped production of the xdrive 5's until fall when the new ones come out --- meaning low supply, a higher demand, and thus more of an advantage for dealers to be stricter on the pricing.
With that in mind, know that the economy is effecting them as well, and they are more open to negotiations because they are moving a lot less cars.
(I got a new 535xi for a few hundred under invoice a couple weeks ago)
#2702 of 4278 Re: Price for 535xi Demo [bmwagainmaybe]
Feb 23, 2010 (7:17 am)
When you lease a demo, the mf and rv are formulated by bmw specifically for that car. The numbers for new leases do not apply. Whether that's good or bad is anyones guess. I would have to save $200 per month vs new to look at that deal.
#2703 of 4278 Re: Price for 535xi Demo [jayrider]
Feb 23, 2010 (2:12 pm)
I had no idea that the mf and rv might be different on the demo model of the same year. The salesman made a point of telling me that my mileage allowance starts with the miles on the odometer (as if zeroed out). I think he was asking if I would be interested if the monthly payment were the same. I like to analyze the deal, so knowing the underlying numbers, ie the selling price of the car for the lease helps me determine if it is a good deal.
Why do you say save $200 per month to look at the deal on a lease of a car that's only got 4,000 miles on it. How much in terms of selling dollars do you think that would equal if I could get a new 2010 for about $500 over invoice (less options).
#2704 of 4278 Re: Price for 535xi Demo [bmwagainmaybe]
Feb 23, 2010 (2:26 pm)
I am saying $200 less on the demo vs new from my personal perspective. Can't talk for anyone else but someone else put the first 4k miles on the car which detracts from it's desirability to me. Also bmw gives them money back on that car for loaner use. Can't dissect the deal but that is what I feel is appropriate based on a brief discussion with the local BMW dealer. He said that twice a year they put the loaners on sale/lease and it should save $200 a month vs new with all the perks and rebate cash. Don't know if it was true -- never went any further.
#2705 of 4278 2010 528xi 36months 10K lease
Feb 24, 2010 (10:41 am)
My sales guy is now putting fees on this lease deal. Or, at least I think he is. Here is the break down of the deal:
2010 528xi with premium, value, and nav package
Selling price: $49,720
Dealer acquisition fee: $725
Documentation fee: $369
Wants me to start the lease by paying:
508 registration fee
725 acquisition fee
369 doc fee
659 1st month
$3,963 one time then $659/month for 36 months.
He says that the dealer will make $800 off this deal.
He also mentioned DAC fee (fee for BMW advertising on tv).
I'm so tired of dealing with this. Is there any dealer out there that could really give me an honest decent deal?