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BMW 5-Series Lease Questions

3911 messages,  Last post on May 22, 2013 at 5:18 PM

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What is this discussion about? BMW 5 Series, Car Leasing, Sedan, Wagon

Messages Page 276 of 392

#2748 of 3911 Think before you jump at those "wonderful" deals on the 2010's by ghstudio

May 16, 2010 (8:42 am)

Replying to: Car_man (May 12, 2010 3:43 am)
You have to really love the 2010 to buy a car that only has a 46% residual in 36 months...and at a rate of 5.52%. The discounts may look wonderful, but if you don't understand leasing, these rates are terrible.
 
For example....let's take a 2010 msrp $55000, dealer gives you $1000 off plus the $6000 dealer cash.....no money down on the lease...your monthly payment will be about $830 plus tax (note: with money down which is how they always want to quote the deal, it will be less monthly, but pretty close to the same overall cost at the end of the lease which is what you really care about).
 
Now take a 2011 with $55000 MSRP....same money factor/rate (ugly, but it is what is is), nothing off the car...buy at msrp. But residual after 36 months is 56%.(I'm guessing, of course...no way to guess what BMW will put on the car).....but the monthly lease payment will be about $900 a month.
 
You might just want to wait for that 2011....and pass up the "wonderful deal" on the 2010.
 
The key to this is the residual value. The 2011 should really hold it's value very well based on everything I've read.
 
If you are going to compare leases, always compare based on no money down....just the first month's lease payment plus taxes title, registration....nothing else (bank fees, dealer fees, administrative fees all get rolled into the lease). Dealers hate to quote that way...it may take you three tries to get that number from your salesman...but get it. NO MONEY DOWN UP FRONT.....

#2749 of 3911 Re: Lease Exp [stuck22] by twistedmetal

May 17, 2010 (5:07 pm)

Replying to: stuck22 (Jan 05, 2010 7:07 pm)
What do you mean they don't want to sell you a car? It sounds as if that is your choice.

#2750 of 3911 multiple security deposits by ghstudio

May 18, 2010 (6:52 am)

If you are considering leasing a BMW, make sure you understand multiple security deposits and why they are far far better than making a down payment. Don't rely on your dealer to explain....very few seem to even know they exist and most of those who do, don't understand why it's a good deal and try to talk you out of it.
 
Yesterday, I visited my local BMW dealer....salesman never heard of MSD's and the finance manager said...oh that's a terrible way to use your money.
 
It may be poor for him, but if you are comparing a $4000 down payment to using that same money on multiple security deposits, you would save over $1000 on your lease using multiple security deposits...with less risk, by the way. It's part of the BMW leasing program....just not understood.
 
.

#2751 of 3911 June MF for GT by suznsax

Jun 04, 2010 (1:28 pm)

Hi Car_man - where can I find the June money factor/residual for 535GT?
Many thanks

#2752 of 3911 2011 535 by rich6

Jun 04, 2010 (5:19 pm)

need help - what is the best lease deal for the new 535 bmw.

#2753 of 3911 2010 BMW 535 lease by mjoppru

Jun 05, 2010 (12:22 pm)

Carman, I could use a little help.
 
Dealer is trying to get rid of the final '10 BMW 535 sedans.
 
MSRP is $53,375. Residual is 49% on 10K mile lease for 36 months.
 
$5995 total drive off with $548+tax/month. Tax is 8.75% in Orange County, CA so the payment would be $596 per month with $6K total down.
 
I'm sure I can rework the payment to put less down and get to about $700/month with about $1800 down.
 
I'd like to go with a 2010 model over the 2011 because the residual is much lower (about $8K) and the monthly payment is lower. I think I'd like to buy it at the end, so I like this option better.
 
Do you have the money factors for June? I think I might be able to steal it.
 
Thanks Mark

#2754 of 3911 Re: 2010 BMW 535 lease [mjoppru] by smithsonga

Jun 06, 2010 (2:17 pm)

Replying to: mjoppru (Jun 05, 2010 12:22 pm)
what is the price? the price is the most important part.

#2755 of 3911 June Rates by gvitalik1

Jun 06, 2010 (7:01 pm)

Hi All,
 
Looking for June lease rates for 2011 535.
 
Thanks

#2756 of 3911 Re: June MF for GT [suznsax] by Car_man HOST

Jun 08, 2010 (2:37 am)

Replying to: suznsax (Jun 04, 2010 1:28 pm)
Hi suznsax. I haven't see the GT's lease program for June yet. I'll make some calls today and post what I am able to find out for you as soon as I can.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2757 of 3911 Re: 2010 BMW 535 lease [mjoppru] by Car_man HOST

Jun 08, 2010 (2:46 am)

Replying to: mjoppru (Jun 05, 2010 12:22 pm)
Hi mjoppru. BMW Financial Services' 36 month buy rate lease money factor and residual value for a 36 month lease of a 2010 535i Sedan with 10,000 miles per year are .00230 and 49%, respectively.
 
The numbers for an otherwise identical lease of a 2011 535i Sedan are .00230 and 61%.
 
In June, BMW is providing a $7,000 cash incentive on the 2010 535i. Make sure to take this cash into account during your negotiations.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 276 of 392

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