Last post on Jun 19, 2013 at 9:50 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW 5 Series, Car Leasing, Sedan, Wagon
#3211 of 3946 When shoul I lease??
Sep 22, 2011 (5:17 pm)
Hi all. Been following the thread for a while and learned a lot, thank you! My question is: I will be in the market to lease a 535i around November (Infiniti M35 lease ends in March, looking for BMW to buy out the last 3 months). My thoughts are that I would get a good deal on a 2011 in Nov/Dec. What do you professionals recommend? Will I get a better deal on the 2012? Will their be any 2011's left? Should I go for a 2011 earlier? I know the difference of the 2012 4-cyl engine, but don't really mind if I get a 2011 or 12, just looking for the best timing and best deal. I know their isnt any solid answer to my question, any suggestions? (I am a previouse BMW owner, so should qualify for the incentive)
#3212 of 3946 Re: Need help validating this 535xi GT deal. [kyfdx]
Sep 25, 2011 (10:45 am)
Thanks... My logic to putting all the inceptions upfront is that otherwise, I'm just paying interest on money when cashflow isnt the #1 issue for me. Am I missing something?
As for the tire warranty - is that price just entirely not what people are seeing or is it that the price of warranties isnt worth it, in your view?
Basy MF was 0.00185 and with the MSD's it became 0.00136
Lastly - is there any benefit to the dealer to listing the tire warranty as a cap-cost-reduction as opposed to calling it out in the agreement as a warranty? I find that to be a bit screwy.
#3213 of 3946 lease or buy
Sep 25, 2011 (12:34 pm)
Hi all, some quick questions regarding leasing 535 xi. Is the residual based on the cap cost or the MSRP? What additional costs does BMW charge? What I have figured is cap cost of 92% of MSRP based on AAA buying service, then I would apply the 1730 nav credit, 1500 regional credit and 1000 drive credit as money out of pocket. I get a payment of 725 including tax (7.75%)based on a MSRP of $63125, is this correct? I have a trade worth about 16k so I would get that up front back. If I apply that towards a purchase then I figure after tax I would be financing around 40k at 2.99 over 60 months I get almost the same payment . So the question is at 36 months am I more ahead with the lease or with the purchase and trade value vs loan balance?
#3214 of 3946 What would the money factor/resid be...
Sep 26, 2011 (11:53 pm)
on a 2011 BMW 550i 15,000 miles also on a '11 535i 15000 miles
on a side note dealer offered me
2011 535 :$63,425.00 SELLING PRICE $57,765.00
dealer claims its 600 above invoice after credit...
i dont think its a good deal...
#3215 of 3946 Is this a good lease deal on 2011 535i?
Sep 29, 2011 (6:01 am)
Is this a good deal?
Car 2011 535i
Black Saphire Metallic ($550)
Negotiated Cost: $54,735
Money factor: 0.00195
12K miles per year (3yr lease)
Wheel, Tire insurance (curb scuff marks included) Plus Dent Coverage: $1648
Acquisition Fee: $925
Processing Fee: $399 (dealer added fee - non-neotiable)
New Total: $59563
Capitalized cost reduction: $6757
Lease payment $685
Good deal should I go for it?
#3216 of 3946 2011 535xi 1500 mi
Sep 29, 2011 (10:00 am)
My deal is as follows on this car. 61,175 msrp, wit a cap cost of 54712.46-1,000 rebate =53712.46.
Money factor is .00185. I am paying taxes, bank fee ( 725) and first month, 719.00 up front. My monthly lease is 719.00 for 36 months. I think this is an ok deal but know that there is some play in money factor. I was told that I could have lower money factor or not have rebate. I think this is true but wonder if there would be savings with say, a money factor of .00165 and no 1k rebate. Am I missing something? Just don't want to overpay. I am in NY.
#3217 of 3946 another thing
Sep 29, 2011 (10:02 am)
residual is at 55%. I know it was higher earlier in year and currently on some other models.
Sep 30, 2011 (7:40 am)
Guys, to qualify for the loyalty incentive, is it ok that if I had a Mini financed through BMW fin serv. that I paid off 3 months ago?? What is the longest time I can go and still qualify?
#3219 of 3946 Carman, October MF & Residuals, please?
Oct 01, 2011 (3:43 pm)
Carman, can you provide October MF's and residuals for the 528, 15K miles, 36 months?
#3220 of 3946 Re: lease or buy [kssod1]
by Car_man HOST
Oct 05, 2011 (4:39 pm)
Hi kssod1. Vehicles' lease payments are always calculated using a percentage of their full MSRPs, including the destination charge and the MSRPs of any options that can be residualized.
Prices Paid: Buying & Leasing Experiences Forum