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BMW 5-Series Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 284 of 392

#2823 of 3911 Re: BMW Money factor [asteinberg] by infinitimn

Aug 28, 2010 (11:14 am)

Replying to: asteinberg (Jul 31, 2010 2:42 pm)
Why would you even consider another BMW with your negative experiences, and your opinion that they are exploiting you?
 
I have a 2008 535Xi leased in 2007 and yes the MF were lower then, but your starting 144 was likely 70 lower than standard as BMW was offering a reduction to returning custoners, and your post indicates you had a prior BMW. The standard on a 36/39 mo lease was .0250 reduced to .0180 for returning customers.
 
I suggest you hold your opinion about exploitation until you go to a bank and see if you can get a car loan at prime, which is what you want BMW to give you. You and I are lending the bank money at close to 0% through our Fed, and they are charging us a markup a lot higher than BMW is.

#2824 of 3911 Re: BMW Money factor [infinitimn] by asteinberg

Aug 28, 2010 (1:21 pm)

Replying to: infinitimn (Aug 28, 2010 11:14 am)
I like the way the BMW handles, and the improved MPG now
But, I just now read on Edmunds (see that discusssion group) of problems with 2011 5-series; one person litigating, returning car.*** When I had my prior 530I in shop for 3 weeks, twice, BMW nationally was unsympathetic--things just shifted to dealer -- unlike Cadillac, Lincoln, Audi -- which responded to problems and supported dealer.
My study indicates BMW adjusts MF, only partly for interest rates, but mainly for market conditions, along with residuals. If you were right, then why is it that BMW predictably will lower MF in Sept and/or Oct, regardlessof interest rate levels.
Your point is a good one about the Fed; but BMW benefits from that low interest rate environment; in the past, BMW has used low MF to subsidize leases.
(I think the returning customer deal is to waive initial security deposit.)
As for service, the main problem is inconsistent policy on loaner cars, and that dealer, not BMW, mkes loaner car policy.
Further, when I had a MAJOR problem (car losing power) and BMW natl called me to tell me my car was indicating need of immediate attention, I went right away to dealer (where I bought it!) and was refused loaner, because it was not regular service.
So, with these kinds of problems, I can't consider without getting the greatest discount off MSRP, lowest MF.
*****If I knew the current 2011 problems would be resolved soon by software, I might go for a 528i, with current MF or MF on delivery, if it's lower, and use all my refundable security deposits for a lower MF; but the discount off MSRP offered is only $3K.
No car brand or car is perfect, so it's a hard call. The AudiA4 is tempting, though a bit small, but preferable to the 3 series.
Thanks for your input.

#2825 of 3911 Re: BMW Money factor [asteinberg] by infinitimn

Aug 28, 2010 (1:48 pm)

Replying to: asteinberg (Aug 28, 2010 1:21 pm)
For sure they waive the security deposit for returning customers, but in 2007 at least there was a .0070 loyalty deduction from the MF for returning customers as well, You can probably find it by searching this board or the financing board of the website where Tarry posts lease information. That's why my MF was low, and if it continued into'08 why yours was low.

#2826 of 3911 Re: 550i Lease [snaj] by Car_man HOST

Aug 31, 2010 (12:25 pm)

Replying to: snaj (Aug 23, 2010 6:15 pm)
Hi snaj. The money factor that you were quoted is right on the money. That's always a good thing.
 
Let's take a look at the selling price. The car that you described probably has a spread of a little over $5,500 between its full MSRP and its dealer invoice price. That puts the $3,225 dealer discount that you were quoted at right around $2,250 or so over invoice. That's not terrible, but if you are in an area that has a decent level of competition I would not be surprised if you were able to beat this offer. I personally would shoot for $1,000 over invoice or so and see what happens. You can look up the exact invoice price of the car that you want, as you want it equipped over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2827 of 3911 Re: BMW Money factor [infinitimn] by Car_man HOST

Aug 31, 2010 (12:34 pm)

Replying to: infinitimn (Aug 28, 2010 1:48 pm)
Hey infinitimn. Unfortunately, BMW is not currently providing any special money factor reductions for loyal customers on any of its vehicles right now that I am aware of. That is a special promotion that BMW rolls out from time to time, not a permanent program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2828 of 3911 Re: 2010 528 X-Drive Lease [crossover1] by buddyluv1

Sep 05, 2010 (1:57 pm)

Replying to: crossover1 (Aug 11, 2010 6:33 pm)
can you tell me the dealership that you got this deal from please? When you say 0 down...what was your total drive-off?

#2829 of 3911 press request by kirstie_h HOST

Sep 08, 2010 (4:13 pm)

A reporter seeks to interview someone who is planning to lease a car in the near future, or recently got into a lease. Please respond to predmunds.com by Sept 16, 2010 with your daytime phone number and some words about your experience.
Thanks,
Jeannine Fallon
Corporate Communications
Edmunds.com

#2830 of 3911 Hi Carman! by denverg35

Sep 11, 2010 (10:47 pm)

Doing a European Delivery for a BMW 550xi--can you give me the numbers for a 36 month lease, 12k/year? Normally, leasing works very well with ED, but they are also offering .9%/24 months financing.
 
Thanks as always!
 
Tom

#2831 of 3911 Re: Hi Carman! [denverg35] by Car_man HOST

Sep 13, 2010 (3:15 am)

Replying to: denverg35 (Sep 11, 2010 10:47 pm)
Hi Tom. I've always thought that European Delivery sounded like fun. Congrats.
 
I am not sure how it impacts this car's lease program though. For now I can provide you with BMW's normal lease program for this car. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2010 550xi Sedan with 12,000 miles per year are .00230 and 57%, respectively for consumers who qualify for its top credit tiers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2832 of 3911 Euro Delivery by kyfdx HOST

Sep 13, 2010 (6:13 am)

Add .0003 to the MF for Euro Delivery... In return, BMWFS waives your 2nd payment (while your car is presumably on the boat).

Messages Page 284 of 392

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