3911 messages,
Last post on May 22, 2013 at 5:18 PM
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BMW 5 Series, Car Leasing, Sedan, Wagon
#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)
what is the price? the price is the most important part.
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)
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
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#2757 of 3911 Re: 2010 BMW 535 lease [mjoppru]
by Car_man HOST
Jun 08, 2010 (2:46 am)
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
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#2758 of 3911 Re: June Rates [gvitalik1]
by Car_man HOST
Jun 08, 2010 (2:50 am)
Here you go, gvitalik1. BMW Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2011 535i with 15,000 miles per year are .00230 and 58%, respectively.
Car_man
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#2759 of 3911 Re: 2010 BMW 535 lease [Car_man]
by hipo
Jun 10, 2010 (9:25 pm)
Car_man,
Thanks for being so helpful. Can you please clarify if the 7K incentive on 535 includes the 1.5K loyalty? Edmunds and other sites show only 6K (and 1.5K loyalty).
Do you also know what is the total incentive on 528? Is it 5K (+1.5K loyalty) or 6K (+1.5K loyalty)?
Thanks!
#2760 of 3911 Re: June Rates [Car_man]
by billyd6
Jun 11, 2010 (2:42 pm)
Is the money factor likely to go down or the residual value to go up as more of the 2011 5 series cars get out to dealers? I am looking at the 550i but am thinking that they might get a little more aggressive in a month or two. What do you think?
Thanks!
#2761 of 3911 will leasing get less expensive
by ghstudio
Jun 12, 2010 (7:07 am)
unless there is a significant change in our economy, the money factor will only go down. It's already pretty high compared to competition. I don't think the residual value will go up....they've been burned by having higher than reality residuals before.
Most likely, you will see some money (marketing incentive) applicable to a lease which is effectively a reduction in the capitalized cost.
But of course, according to my local BMW dealer, the new 5 is so popular that they won't be discounting them at all for at least 2 years. (Maybe I should be on the same pills he's on).....
#2762 of 3911 Re: will leasing get less expensive [ghstudio]
by mjoppru
Jun 13, 2010 (11:04 am)
I think he's right. I think the leasing will get cheaper. The money factor will come down.