Last post on Dec 12, 2013 at 7:43 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Car Leasing, Sedan, Wagon
#3614 of 4294 Finally found a deal....comments ???
Aug 24, 2012 (6:36 am)
Local dealer in SF Bay Area (the general sales manager) offered me his cost less incentives and buy rate on bank fee and money factor so I am pulling the trigger unless someone tells me I should look for something better.
2012 528i black/black premium, tech, cold weather, bmw apps. 36 Mos 10K miles.
Any reason to hold out for a better deal. Not many 2012s left in Bay Area and this is my preferred colors.
2500 option allowance
500 ultimate drive app
I did not go to the drive event - will do so in the future.
Am I missing any incentives, holdbacks, etc ???
#3615 of 4294 Re: Finally found a deal....comments ??? [ckreling]
Aug 24, 2012 (1:19 pm)
What are the following for this deal
2) Selling Price
4) Money Factor
5) Drive Off
6) Monthly Payment without sales tax
#3616 of 4294 Re: Finally found a deal....comments ??? [romo_007]
Aug 24, 2012 (1:49 pm)
What are the following for this deal
Black/Black - prem, tech, cold wx, bmw apps
1) MSRP $53,595.00
2) Selling Price $46,160.00 (Inv less 2500 opt allow, 750 loyalty, and 500 BMW Ult Drive App)
3) Residual 58% ( $31,085.10 )
4) Money Factor .00145
5) Drive Off 1932.00 (bank fee 725, registration 400 ish, doc fee 80, first payment)
6) Monthly Payment without sales tax $530.75
Hope that helps - good deal ???
#3617 of 4294 Best 535i xDrive lease deal ever
Aug 25, 2012 (6:15 pm)
Just scored the best 535i xDrive deal ever...
MSRP: $61925 (Space Gray with black interior, Premium, Navigation, Cold weather, Sat Radio, BMW Apps)
Internet Selling Price: $52990
Additional Discount: $500
Graduation Credit: $1000 (Wife is graduating)
Final Sale Price: $50740
Too bad I missed out on Team USA event
Monthly Payment = $618.56 (including 10% PA Tax)
Drive Off: $1815.96 (Acq fees including taxes=878.90, Doc + Plate=318.50, First payment=618.56) - 500 BMW App Discount = $1315.96
MF is 0.00155 instead of 0.00145...they did not negotiate on it after the deep discounts.
This deal is from BMW Cleveland...they still have a few more 2012 535i's available with deeply discounted internet price.
#3618 of 4294 Re: 2012535i Lease QUestion [Car_man]
Aug 28, 2012 (6:38 pm)
I am looking to buy or lease 2012 528I or 535I, not sure which option is better. Would you happen to know of any current good lease or buy deals in New York City / New Jersey area (or within 200 miles radius)?
Thank you in advance
#3619 of 4294 535i Lease numbers
Aug 29, 2012 (6:11 am)
Build for ordered MANUAL 535i with MSport, Convenience and Tech package with heated seats, premium sound and rear sunshade:
Cap Cost $58836
Acq fee $725
36 months 10K miles a year with $5000 cash down
BMW MF is .00145 and residual 60% of MSRP= $38217
Total at signing is 6,506.18 (includes tax on down payment, 1st payment and security $750)
I have plugged these numbers into 3 different spreadsheets and calculators. My calcs put payment about $610 per month. Dealer just came back with $681
I realize Im getting a good deal on the Cap Cost, but I dont understand where he is getting the monthly payment at $70 per month higher. All spreadsheets are from reputable sites.
Any thoughts? They must be either marking up the MF or adding "training" or "document" fees.
Thanks in advance
#3620 of 4294 Re: 535i Lease numbers [tybalt33]
Aug 29, 2012 (7:49 am)
tybalt33: Is the Dealer providing you with the MF or are you just using the one that is provided through this forum? Same for the Acquisition Fee. Unless confirmed, Dealers will and can mark these numbers up to make an additional profit, especially when they are using an aggressive Cap Cost. Also good to confirm the exact components of the Drive Off as this can include Fees, but this wouldn't impact the monthly payment. Hope that helps.
#3621 of 4294 Re: 535i Lease numbers [sjeed]
Aug 30, 2012 (7:31 am)
Thanks sjeed, it looks like they are marking up the MF. Frustrating as none of the dealers have been forthcoming when I tell them Im using the current posted rate of .00145
I am now looking into a lease wholesaler who works with BMW FS and is using the quoted MF. I no longer wish to do business with the local group who owns the 3 local dealers, Crown Automotive. (BMW Richmond, BMW Midlothian, and BMW Charlottesville)
#3622 of 4294 One Pay Lease - BMW 550i
Sep 04, 2012 (6:15 am)
Car Man -
I'm considering a one pay (upfront pmt) lease on a 2013 BMW 550i (36 mo., 12K mi/yr). Local dealers are quoting .00195 to .00225 for the MF, which is higher than their quoted rate of .00185 for a 36 month, monthly pay lease. I am aware that the base rate from BMW FS is .00145 for a monthly pay lease and it would seem to me that the same base rate should apply for a one-pay lease. Dealer is claiming that MF on one-pay leases are always higher. This seems counter-intuitive to me, given that they are getting all the cash upfront in a lump sum pmt, vs over 36 months. I realize that they're trying to mark up the base rate on the monthly pay leases as well, but to mark it up even more for a one-pay lease seems even more ridiculous. Is it common practice to charge a higher MF on one-pay vs. monthly pay leases? Thanks.
#3623 of 4294 Re: lease quote for PA [gjoa]
Sep 06, 2012 (5:02 pm)
Hi gjoa. If you are in an area that has a decent level of competition I suspect that you should be able to do better than a $2,000 dealer discount on this car.
Prices Paid: Buying & Leasing Experiences Forum