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BMW 5 Series, Car Leasing, Sedan, Wagon
#2705 of 4282 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?
#2706 of 4282 Re: 2010 528xi 36months 10K lease [mobilejae]
Feb 24, 2010 (11:10 am)
comments; 1. the acq fee is kosher but the doc fee may be a bit high. Illinois caps those at $152. The bigger issue is the selling price. Every 1k you save off that saves you about $30 per month. According to truecar there is another 1k or so you should be getting. That is because the 5 will be replaced in a few months. On the other hand there probably aren't too many 528xi's around so maybe you could split the difference. If your lease payment is close to 1% of msrp before fees and taxes you are doing ok. Yours is 1.3% which not very good but not horrible in today's poor leasing climate. Just watch the fees. One site mandvleasing dot com has a zero down 535xi for 605 per but only 10k miles. Check them out or other leasing brokers. Check weleasebytel as well. Free quotes. I ran your numbers and came up with 648 per month before any fees.
#2707 of 4282 Re: 2010 528xi 36months 10K lease [mobilejae]
Feb 24, 2010 (7:00 pm)
Where are you?? I can recommend the dealer I picked my car from in NJ if you need, pm me.
I was pretty tired of shopping around and wasting time on trying to get the car as well, but it paid off at the end -- got a great deal on my 535xi.
#2708 of 4282 Re: 2010 528xi 36months 10K lease [hit]
Feb 25, 2010 (3:18 am)
I don't see a way to PM you from this forum. You can email me at jakekim1gmail.com. I live in Teaneck, NJ. Your help will be much appreciated. Would you believe it, yesterday my right rear tire went flat. They are runflats and will cost $400 to replace before I send the car back in for the end of the lease...
Mar 01, 2010 (5:03 pm)
If anyone has this info, it would be greatly appreciated as my lease is up this month and I am hoping to see some improvement in the 535xi mf or incentives. Thanks.
#2710 of 4282 Re: March 2010 Lease Rates [bmwagainmaybe]
Mar 03, 2010 (3:50 am)
Hi bmwagainmaybe. Here's the information that you're looking for. BMW Financial Services' new March buy rate lease money factor and residual value for a 36 month lease of a 2010 535xi with 15,000 miles per year are .00230 and 48%, respectively.
Prices Paid: Buying & Leasing Experiences Forum
#2711 of 4282 Re: March 2010 Lease Rates [Car_man]
Mar 03, 2010 (6:28 am)
5.52% mf and 48% rv = bad lease numbers. Probably a much better buy than lease.
#2712 of 4282 Re: March 2010 Lease Rates [jayrider]
Mar 03, 2010 (12:19 pm)
Salesman just called and advised March 2010 535xi with 15,000 miles program as follows:
Factory Cash $6,000
So here's the question what should the price be for the car. He says MSRP is $57,470 and SP is $53,900 minus $6,000 = $47,900 plus I get $1,500 for loyalty as cap cost reduction.
Edmunds shows Invoice as I equip. at $53,095 including $875 destination charge. Salesman says destination is $1,375. Thus he says he is selling car for $500 above invoice.
Payment with 8.625% sales tax rolled in is $780/mos.
Should price be lower??
#2713 of 4282 March rates on 528i
Mar 03, 2010 (2:20 pm)
Do you have the rates for 528i in S.Cal for 36 months 12 miles.I see a previous post mentions a $6000 discount plus loyalty - the rates last month were better for 528 v. 535 - hope they're still the same
#2714 of 4282 Re: March 2010 Lease Rates [bmwagainmaybe]
Mar 03, 2010 (2:59 pm)
I figured a lease on a 2011. Guessed at .00125 mf and 54% rv. $500 over invoice cap cost and rolled in the taxes and 1300 inception fees --came up with about $854. Just guessing on the numbers. Looks like $75 more for the brand new whiz banger. If you can afford it -- why not. For $2700 you get to ride for 3 years in the next best thing. If the lower lease is in the ballpark go for that. I am guessing so I could be wrong.