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BMW 5-Series Lease Questions

3910 messages,  Last post on May 18, 2013 at 11:25 PM

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

Messages Page 278 of 392

#2764 of 3910 Re: 2010 BMW 535 lease [hipo] by Car_man HOST

Jun 21, 2010 (3:45 am)

Replying to: hipo (Jun 10, 2010 9:25 pm)
You're welcome, hipo. No, the $7,000 does not include the loyalty cash. BMW was providing $6,000 dealer cash on the 2010 535i in May. It increased it to $7,000 in June. The $1,500 loyalty cash is available on top of that if you're eligible for it.
 
BMW is providing $6,000 + the loyalty again if you are eligible on the 528i Sedan.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2765 of 3910 Re: June Rates [billyd6] by Car_man HOST

Jun 23, 2010 (2:34 am)

Replying to: billyd6 (Jun 11, 2010 2:42 pm)
Hey billyd6. This car's residual values probably won't increase. At some point in the model year, its money factors should improve...but residual values gradually fall as the model year progresses, offsetting part of the money factor improvement.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2766 of 3910 June lease rate by bimmerdude

Jun 23, 2010 (8:22 am)

Hi Car_man,
I am planning to lease a new 503i either 2010 or 2011 model and I have a couple of questions:
1. Please tell me what is the MF and residual for both years for 36/12000.
2. Please tell me how do I obtain the loyalty discount, will I get it when I apply for BMWFS? (I am current had a load with BMWFS)
3. Please tell me if the discount is a fix amount or is it a discount of MF? How much?
4. Sport pkg will always comes with run flat tires, correct?
5. For the 2010 model, if the car I want has to be ordered, will I be able to get the $7000 incentive discount?
6. Will I get a better deal if I sign up the lease before 6/30 for 2010 model?
 
BTW, I am in N Cal.
 
Thanks very much in advance!

#2767 of 3910 Re: June Rates [Car_man] by ckim72

Jun 23, 2010 (7:10 pm)

Replying to: Car_man (Jun 08, 2010 2:50 am)
Hi, car_man
I got a quote for a 2011 535i with MSRP $57725, $1572 down include 1st month payment, 15000 miles w/ 58% residual value for 36 month and money factor was .00245. monthly payment came out $848.70 plus tax.
is this good deal?
 
thanks

#2768 of 3910 Re: June Rates [ckim72] by ckim72

Jun 24, 2010 (4:09 am)

Replying to: ckim72 (Jun 23, 2010 7:10 pm)
sorry, discounted price was $55205

#2769 of 3910 2011 550 by bway

Jun 30, 2010 (4:18 pm)

looking to lease a 550 MSRP $70000 in SoCal, 36 mo, 15k, what should my month payment be, $2000 deposit includes, 1st payment and taxes and license. I am returning a 535.
 
Thanks

#2770 of 3910 Just got a July lease offer - Any good? by namesean

Jul 01, 2010 (1:37 pm)

Here is what I was offered, can anyone tell me if this is fair. Thanks in advance.
 
535i, with Navigation only (I would have to order / wait for this)
 
Money factor of .0025.
The residual is 61%
Discounted the car $2000.
 
10k miles per year (I work from home)
$1857 down - first payment and acquisition fee
 
$52375 (minus the 2K discount)
$50375
 
$798 a month
 
Sound Fair?

#2771 of 3910 Breaking BMW News by Car_man HOST

Jul 02, 2010 (3:16 am)

Anyone who is familiar with BMW Financial Services knows that since the beginning of time it has used a pass / fail system for its lease approval process. Either consumers qualified for its best available rates or they could not lease through BMW FS at all...and your credit had to be pretty messed up for the latter to happen.
 
Yesterday BMW announced that BMW FS is introducing a tiered system for its lease program. Its rates now vary by credit tier, with the people who have the best credit scores getting slightly better rates than what was available last month and much higher money factors for people with low credit scores.
 
I should be able to get the full details of this new program some time today. Please feel free to post your questions about it here and I'll gladly fill you in on what I am able to find out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2772 of 3910 Re: Breaking BMW News [Car_man] by ml100

Jul 02, 2010 (10:06 pm)

Replying to: Car_man (Jul 02, 2010 3:16 am)
Thanks, Car_man, for this and all the other useful info you have posted earlier.
 
Do you have the BMW FS July residuals and moneyfactor for the 2011 535i? I suspect based on the tiered approach, the moneyfactor will now be a range - do you have that range or for reference, the best moneyfactor assuming the best credit scores.
 
Also do you know when this policy goes into effect? I am a few days away from leasing one so this may impact me since I didn't apply and lock down the rate yet assuming it would get better in July.
 
Thanks in advance.
 
ML

#2773 of 3910 Re: Just got a July lease offer - Any good? [namesean] by ml100

Jul 02, 2010 (10:12 pm)

Replying to: namesean (Jul 01, 2010 1:37 pm)
namesean, based on the residual, I'm assuming its a 2011, not a 2010. My sense is that the discount could be more. I am in the market for something similar but more loaded with options (almost $8K more in MSRP) and the discounts I have been offered have been close to twice this (after a lot of negotiations - not just offered up at first shot I should add) and I have to order/wait too. While the lower MSRP in your case means the discounting in absolute $$ terms may be more limited, it still seems to me that you could ask for more. Moneyfactor offered to me was 0.0023 or thereabouts and same residual.
 
HTH,
 
ML

Messages Page 278 of 392

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