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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 330 of 391

#3291 of 3911 Enhanced Loyalty, Lease Deal by jvost

Dec 01, 2011 (6:20 pm)

I did receive the enhanced loyalty and they will combine them. It wasn't easy, as 2 of 3 dealers denied any knowledge of it. I had to copy the plan that appeared on a BMW dealer's website in another state and email it to my dealer before they acknowledged it.
 
The lease on my current BMW expired on Dec. 1, 2011, so I qualified. I did 2 more things to bring down the payment: I am a member of the BMWCCA, so I receive a $1,000 rebate on the lease of a new BMW. I used that as a down payment. Second, I took advantage of the multiple security deposit program to bring down the rate another .00035, by making 5 additional security deposits. This is a fantastic program and I highly recommend it.
 
Here was the deal I put together:
 
2012 535X-Drive, 36 Mos., 10,000 miles/year
 
MSRP: $61,325.00
Discounts:
Nav. Credit ($1,730.00)
Additional Credit: ($1,000.00)
Dealer Discount: ($2,796.00)
 
Selling Price: $55,799.00
 
Plus:
Acquisition Fee: $725.00
 
Capitalized Cost: $56,524.00
 
Less:
Cap. Cost Red. $1,000.00 (BMWCCA Rebate)
 
Capitalized Cost: $55,524.00
 
Money Factor: .00195
Less:
Loyalty: (.00030)
Loyalty: (.00075)
Net Money Factory: .00090
Less:
5 Sec. Dep. Disc. .00035
Net Money Factor: .00055
 
Residual 56% $34,342.00
 
Payment B4 Sales Tax $637.80
 
Sales tax will be another $49/mo.
 
My objective was to see if I could do a $0 lease with a payment of $650 or less with tax. I came pretty close.

#3292 of 3911 2012 535i xdrive by ap75

Dec 02, 2011 (7:27 am)

Jvost: great deal man! How do you inquire about the multiple security deposits? Did you make them all at the time of delivery or through the course of the lease? Are the deposits refunded to you at lease end?
 
Car_Man or anyone - When you get them, I'm looking at December MF and Residual for 2012 535i xdrive please. (36 months/10k miles)
 
Also anyone have experience of combining the USAA discount to the lease? I actually got $1600 below invoice through the USAA-preferred dealer.
 
Thanks!

#3293 of 3911 Numbers on 528i by ezinn12

Dec 02, 2011 (8:18 am)

Car_Man,
 
When released, please post the MF and Res. on a 2012 528i 36/12 plus any new incentives. Also, if I ordered a car in November and pickup in Dec. I am assuming that the Dec numbers count for me if they are better, correct?
 
Thanks
 
Eric-

#3294 of 3911 Re: 2012 535i xdrive [ap75] by jvost

Dec 02, 2011 (4:03 pm)

Replying to: ap75 (Dec 02, 2011 7:27 am)
There's no trick to the multiple security deposits. Just tell them you want to make them when you do your lease. You need to pay them up front. You get the deposit back when your lease ends. In my case I wrote a check for $3500 (5 X $700) at the time of lease. You can make up to 7. I'm not sure why I didn't make the other two - I should have, but I got into the target range of my payment.
 
My payment without the multiple security deposits would have been $669.25, so I'm saving $31.45 per month. That's $377.40 per year on an a deposit of $3500 is a return of 10.78%. That's a whole lot better then .040% I'm getting from the bank. I have no idea why BMWFS does this, but I love it.

#3295 of 3911 Re: 2011 550 GT [macdad] by Car_man HOST

Dec 04, 2011 (5:00 pm)

Replying to: macdad (Nov 22, 2011 2:00 pm)
Hi macdad. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2011 550i GT with 12,000 miles per year are .00195 and 60%, respectively for consumers who qualify for its top credit tier.
 
This car's money factor is lower for loyal customers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3296 of 3911 Re: enhanced loyalty [jcarm] by Car_man HOST

Dec 04, 2011 (5:02 pm)

Replying to: jcarm (Nov 28, 2011 12:38 pm)
Hi jcarm. According to what I have heard, the .00030 normal and the .00075 expiring contract money factor reductions can indeed be combined for a total reduction of .00105.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3297 of 3911 Re: 2012 535i xdrive [ap75] by Car_man HOST

Dec 04, 2011 (5:06 pm)

Replying to: ap75 (Dec 02, 2011 7:27 am)
Hi ap75. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 535i xDrive Sedan with 10,000 miles per year are .00195 and 56%, respectively for consumers who qualify for its top credit tier.
 
This car's money factor would be lower for loyal customers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3298 of 3911 Re: Numbers on 528i [ezinn12] by Car_man HOST

Dec 04, 2011 (5:09 pm)

Replying to: ezinn12 (Dec 02, 2011 8:18 am)
You're absolutely correct, Eric. If the December lease program for this car was better than the November program, you would be eligible for the better numbers. Unfortunately, I believe that the December money factor and residual for this car are exactly the same as the November numbers were....00195 / 56%.
 
BMW is currently providing a $1,000 cash incentive plus free navigation on leases of this car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3299 of 3911 Re: Enhanced Loyalty, Lease Deal [jvost] by drdr3

Dec 05, 2011 (7:36 am)

Replying to: jvost (Dec 01, 2011 6:20 pm)
Stop the press. What is that second .00075 loyalty reduction in the MF? Is that the issue the dealer was reluctant on?
 
I'm aware that the $1,000.00 loyalty cash can also be used to reduced the MF on a lease by .0003, but where is this second loyalty discount from?
 
Please do tell. I'm on the fence about ordering an X6 3.5 now of waiting for LCI in July.
 
Thanks,
David

#3300 of 3911 Re: Enhanced Loyalty, Lease Deal [drdr3] by escalade24

Dec 05, 2011 (8:18 pm)

Replying to: drdr3 (Dec 05, 2011 7:36 am)
The .00075 is applicable if your lease is ending within the month of December. However, I think BMW just introduced another program for people who have leases expiring after the new year?

Messages Page 330 of 391

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