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BMW 5-Series Lease Questions

3911 messages,  Last post on May 22, 2013 at 5:18 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW 5 Series, Car Leasing, Sedan, Wagon

Messages Page 364 of 392

#3622 of 3911 One Pay Lease - BMW 550i by cebphl

Sep 04, 2012 (7:15 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 3911 Re: lease quote for PA [gjoa] by Car_man HOST

Sep 06, 2012 (6:02 pm)

Replying to: gjoa (Aug 23, 2012 5:11 am)
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.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3624 of 3911 Re: Finally found a deal....comments ??? [ckreling] by Car_man HOST

Sep 06, 2012 (6:03 pm)

Replying to: ckreling (Aug 24, 2012 2:49 pm)
Charles, dealer invoice minus the available cash incentives and the use of the buy rate lease money factor is an excellent deal on this car. If you like it, go for it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3625 of 3911 Re: 2012535i Lease QUestion [vp1993] by Car_man HOST

Sep 06, 2012 (6:06 pm)

Replying to: vp1993 (Aug 28, 2012 7:38 pm)
You're in a good bargaining position, vp1993, because there's tons of BMW dealerships in your area. More competition generally means lower prices. BMW is providing dealers with $2,500 dealer cash on 2012 528i and $3,500 on 2012 535i models right now. If I was in the market for either of these cars, I'd shoot for a selling price that's as close to dealer invoice minus the aforementioned cash incentives as possible. And then have the dealer calculate your car's payment using BMW FS' buy rate lease money factor of .00145.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3626 of 3911 Re: One Pay Lease - BMW 550i [cebphl] by Car_man HOST

Sep 06, 2012 (6:11 pm)

Replying to: cebphl (Sep 04, 2012 7:15 am)
You're absolutely right, cebphl. At the very worst, the money factor for a pre-paid lease should be the same as it would be on a normal lease. It certainly should not be higher. In fact, the money factors for pre-paid leases are almost always lower than normal money factors. I haven't looked into this in a long time, but at one point BMW Financial Services was providing consumers with a .00080 money factor reduction for pre-paying their lease.
 
Definitely do not let the dealer charge you a higher factor for a pre-paid lease. You may want to find a different dealership to work with.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3627 of 3911 535Xi by carkrazy786

Sep 07, 2012 (7:38 pm)

Hey everyone,
 
I just wanted to see if I am getting a decent deal here. Tier 1 credit high 700's
 
A dealer in Chicago (suburban tax cook)
 
MSRP: 65,832
 
Sale Price: 62,998
 
36 month 12K miles per year
 
Money Factor. .00185
 
5k down + 1st Payment.
 
Monthy Payment including tax: 727.36
 
Please let me know your thoughts.
 
Thanks!

#3628 of 3911 Re: Best 535i xDrive lease deal ever [batragautam] by eagajanyan

Sep 09, 2012 (5:38 am)

Replying to: batragautam (Aug 25, 2012 7:15 pm)
Congrats on your lease. I was wondering if you could post milage and duration of the lease. Thank you. I am offered on the same car with 3k out of pocket with 15k/36m 660 payment. thank you.

#3629 of 3911 535i lease by drofnats

Sep 20, 2012 (8:48 am)

Hi Carman,
 I'm looking to lease a 2012 535i lease 36 mo/10k. Returning customer. Prem pkg, sat radio. Inv $50440 + 895 frt = $51335 - 3500 Sept allow - 750 loyalty = $47085. If the MF of .00145 is used, payment would be $525 + tax. Drive off costs would be something like 1st month payment + acq fee + tag transfer. Am I on the right track.? Is the MF negoitable? Thanks for your help.

#3630 of 3911 Re: 535Xi [carkrazy786] by tybalt33

Sep 20, 2012 (10:34 am)

Replying to: carkrazy786 (Sep 07, 2012 7:38 pm)
If they are quoting you a MF of .00185 they are marking up the BMW MF of .00145, not a nice thing to do for someone with top tier credit. Did they tell you that is what they were doing?If not, ask what other fees they are going to charge you. Looks like they are giving you a fair price off MSRP but going to make it back on the MF. I leased a 535i with a MF of .00145 this Septmember.

#3631 of 3911 Residual and Money Factor on 2012 and 2013 528xi by armitagemike

Sep 20, 2012 (12:09 pm)

Car Man:
 
Please advise the residual and money factor on 528xi for 2012 and 2013 for September based on
 
36 months, 36,000 miles.
36 months 30,000 miles
 
Thanks!

Messages Page 364 of 392

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