Last post on Dec 11, 2013 at 3:59 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Car Leasing, Sedan, Wagon
#3535 of 4293 Help. Please help.
Jun 14, 2012 (1:40 pm)
Loooong story short:
I'm pretty confident that BMWFS's June residual percentage for a 2012 BMW 535i at 12k per year is 58%, but I'm a little confused on the money factor. Methinks it's about .00175.
Save me, Car_man, save me!
Oh! Also, how does this alleged $1,500 option allowance work? Can in it work in tandem with the loyalty rebate? How many car salesmen does it take to screw in a light bulb?
. . . most seemingly, so long as they haven't TOLD ME they will screw in the light bulb, I see no reason why any one able car salesperson couldn't do it.*
*Tax not included.
#3536 of 4293 Re: Help. Please help. [ihitcows]
Jun 14, 2012 (2:14 pm)
Hey ihitcows. BMW FS' June buy rate lease money factor and residual value for a 36-month lease of a 2012 535i are .00185 and 58%, respectively. The $1,500 dealer cash and $1,500 owner loyalty cash can indeed be combined.
Prices Paid: Buying & Leasing Experiences Forum
#3537 of 4293 Re: Good sales price for 535i xdrive? [nystar]
Jun 15, 2012 (6:33 pm)
nystar - i apologize but after about 2 weeks checking for updates i stopped looking (as i tend to do) until the next 36 month turn. if i can still help in any way let me know - i'll check for a couple days. i THINK my dad got the car in morristown but i'm happy to check for sure. looks like some good incentives came afterwards in any event.
#3538 of 4293 Re: Help. Please help. [Car_man]
Jun 18, 2012 (2:56 pm)
Car man what payment should i be looking for on a 535 , 36 month lease , i live in Charlotte .. Thank You
#3539 of 4293 "Option Allowance" / "Dealer Cash"
Jun 19, 2012 (1:02 pm)
Firstly, much thanks to you, Car_man, for your help.
I am under the impression that the $1,500 "Option Allowance" being offered on the 5-series applies "against the MSRP of the final purchase, loan or lease."
If this is the case, then my question is:
If I am leasing, then in what instance would I EVER want to use the "Option Allowance"?
The answer becomes even more seemingly obvious if I have already worked out a selling price!
Whatever the selling price is, I always want a HIGHER MSRP for a higher residual. Lowering the MSRP after (or possibly before) I've gotten a selling price would do nothing but raise my monthly payment!
Lastly, even though it's termed an "Option Allowance" on the BMW web site, Car_man referred to it as "Dealer Cash" in his previous post in this thread. Does that mean I can use it against selling price at all?
Again, sorry for my long-winded, utterly specific questions. And thanks for help!
#3540 of 4293 Re: "Option Allowance" / "Dealer Cash" [ihitcows]
Jun 19, 2012 (2:19 pm)
The $1500 "Option Allowance" is used to help gain a lower selling price on the vehicle and is the same thing as "Dealer Cash" as Car_Man previously referred to it as. It does not lower the MSRP
#3541 of 4293 550i Lease payments
Jun 24, 2012 (11:29 pm)
Can anyone give me an idea of a fair deal on a 550i Sedan with below options:
2012 MY 550i
Auto with Paddles
$0 out of pocket
#3542 of 4293 Re: "Option Allowance" / "Dealer Cash" [jasonmdbmw]
Jun 25, 2012 (3:04 pm)
Thanks, man. I was a little confused.
#3543 of 4293 Re: 550i Lease payments [techs]
Jun 25, 2012 (3:26 pm)
Try using edmund's TMV calculator for a fair starting place.
Edmund's True Market Value will vary according to where you are in the country. Invoice should be the same, though, at $63,870.
Here's what it is assuming you have top tier credit and using the TMV for around here, but BEFORE TAX and not including license, registration, or document fee cuz I don't know where you are (using the rate and residual I got from another site; not entirely certain about them, but they should be close)
MSRP: $69,395, Selling Price: $65,300
Acquisition: $725, First Month's Payment Rolled in: $919.99, CAP: $67,014.99
Money Factor: 0.00190, Residual: 58%
Monthly Payment Before Tax: $947.30
#3544 of 4293 2012 550i Xdrive GT
Jun 26, 2012 (5:56 pm)
Can anyone tell me what the current BMWFS money factor is for a 2012 550i Xdrive GT? (Top tier credit and loyal bmw customer) Also, what is the current residual percentage for a 36 month lease with 10k or 12k? Thanks!