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BMW 5 Series, Car Leasing, Sedan, Wagon
#3577 of 4276 BMW 535xi 2012 36 month lease
Jul 18, 2012 (7:21 pm)
Hi Car Man,
My current 528xi lease is going to end in 10/31 with $600/month. I would like to lease a 2012 535xi with Techology pkg, cold wether, premium pkg, BMW apps, Sat radio -MRSP $62,148 (invoice price$57,500)
Dealer offered $700 (pretax-$740 after tax)m for 36 months and 10,000, and will end my current lease, is this a good offer and $4000 plus $1000 tax.
Or should I wait to end of my lease and get better deal on 2013 models with higher residual.
Thanks in advance.
#3578 of 4276 Residual/Money Factor
Jul 20, 2012 (8:53 am)
What is the current residual and money factor for a 2012 BMW 535i 12,000 and 15,000 miles ?
#3579 of 4276 528xi lease question
Jul 21, 2012 (2:42 pm)
I was offered 2012 528xi with 10,000 miles (former service loaner with MSRP 56,900) for 44,900. Lease is 595 per month (36 month/12k) with 4,000 down. Can someone comment on this deal? I think with no money down the monthly payment would raise about 120 dollars, so around $715. I am a bit concerned because I am told a brand new one would lease at 699 per month including tax (6.75 in Ohio) with no money down. Can someone comment please.
#3580 of 4276 Re: 528xi lease question [danimal77]
Jul 23, 2012 (6:07 am)
Danimal77, Do you have the residual value? and the $4,000 was not just cap cost reduction right? It was total out of pocket?
Based on current lease rates promo deals.
You should be in the $500~ because of the huge discount from 56.9k to 44.9k (11k difference~)
Your lease payments should be very low with the down payment and 12k miles a year...
$699 with tax and fees is still high, depending on the packages/options you get... in NJ (7% tax) we are able to get a 528xi premium for mid $650~ with total out of pocket of $4,000
#3581 of 4276 Re: 528xi lease question [bltzkrg]
Jul 24, 2012 (5:11 pm)
I just helped my friend get this deal on a new 2012 528xi.
MSRP - $56,575
Invoice - $52,614
Loyalty - $750
Option Allowance $1,500
BMW USA Drive Event $1,000
Behind Invoice - $,1500
Selling price - $47,864
Money Factor .00145
Residual for 12,000 miles 58%
Out of pocket total - $2,937.11
Bank Fee - $725
Transfer plates - $100
Doc Fee - $75
NYS Inspection $10
NYS Tire Fee - $12.50
Taxes - (7.375%) $1,479.56
First Month $535.05
Monthly payment for 36 month term $535.05
#3582 of 4276 Re: 528xi lease question [insidecarbuy]
Jul 25, 2012 (8:48 am)
Could you tell us which dealer or at least PM me the dealer as I am trying to convince Concord BMW (California) to do a similar deal.
#3583 of 4276 Re: 528xi lease question [ckreling]
Jul 25, 2012 (9:00 am)
Hey, go to Concord and ask for Danny, say Seva with white 528iM-sport sent you. See what he can do for you. Good Luck!
#3584 of 4276 535ix lease deal in Norther VA
Jul 29, 2012 (3:44 pm)
Hi Car Man,
I'm was just offered the following deal in Norther VA. 535ix with Premium Package, Technology Package, Cold Weather Package, Sports Package, Sirius, Sports Automatic Trans, and BMW Apps with a sticker of $66,245 and a sell price of $57,807. The lease price they gave me for 36mo and 12,000 miles was $795 for Tier 1 credit. But the number don't add up to me. The sales man told me he was using .00175 instead of .00145 for the money factor and the residual value is 59%. The monthly lease payment I come up with is much cheaper than what they have.
Could you tell me what the correct lease payment should be along with the money factor and residual value. Also all taxes are paid up front.
Thanks in advance Car Man
#3585 of 4276 Re: 528xi lease question [insidecarbuy]
Jul 29, 2012 (7:31 pm)
I was wondering if someone could double check the math presented here, I have used edmunds lease calculator and it shows payment which is much higher than stated by insidecarbuy. Is there anyone who could verify these numbers, if so what online lease calculator do you use. thank you.
#3586 of 4276 Re: 535ix lease deal in Norther VA [audi42]
Jul 30, 2012 (3:35 am)
I just leased a similar car w/sports package and pull ahead of current 535xi for 3 months ($600x3), MRSP was $62,000 with total $5000 down that includes everything tax, and destination charge, and $800 damages to the last car, my monthly lease is $700 including tax, i also had a $500 credit by downloading app called ultimatedrive and request a test drive thru the app. Also this was my fourth BMW lease,2012 535xi black. Good luck.