3910 messages,
Last post on May 18, 2013 at 11:25 PM
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BMW 5 Series, Car Leasing, Sedan, Wagon
#3670 of 3910 Re: 2013 528 lease question [sportconnect]
by Car_man HOST
Oct 30, 2012 (4:02 pm)
Welcome sportconnect. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
BMW Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2012 528i Sedan with 12,000 miles per year are .00135 and 59% for consumers who qualify for its top credit tiers.
If I was in the market for this car in an area that has a lot of competition, like Los Angeles does, I personally would shoot for a selling price of $500 or so over dealer invoice and see what happens.
Car_man
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#3671 of 3910 Re: 2013 528 lease question [Car_man]
by sportconnect
Oct 30, 2012 (9:34 pm)
Thank you Carman for an excellent and rapid answer.
#3672 of 3910 Re: Leasing 2013 528xi or 2012535xi [Car_man]
by karsco
Oct 31, 2012 (1:04 pm)
Thanks very much for a very informative and detailed answer.
#3673 of 3910 Re: 2013 528 lease question [sportconnect]
by Car_man HOST
Nov 01, 2012 (6:00 am)
You're very welcome sportconnect. Thanks for the thanks
.
Car_man
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#3674 of 3910 Re: Leasing 2013 528xi or 2012535xi [karsco]
by Car_man HOST
Nov 01, 2012 (6:10 am)
No problem karsco.
Car_man
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#3675 of 3910 Help on a quote
by javyhdz
Nov 02, 2012 (7:01 am)
Hello,
I’m looking to buy a new 528i and after talking to a Texas dealer he gave me a quote for a 2013 528i with Premium, Driver Assistance, Technology, Heated Front Seats, Multi-contour Seats, and Rear-seat entertainment:
msrp - $59,695.00
sale - $57,000.00
upfront - $4,500.00 including first month payment
monthly - $750.00
residual - 57%
MF - 0.00175
15k miles a year
42 months
Do you think this is a good deal? I would really appreciate any comments you may have.
#3676 of 3910 BMWFS 550 Lease Rates
by derekla
Nov 02, 2012 (1:51 pm)
Hi, Car Man.
I want to lease a 2013 bmw 550 in the next few weeks. What would the buy rate from BMWFS be on a car if I am going to lease with 10000 miles/year and I am going to max out on the MSD option?
Thanks!
#3677 of 3910 Help with 2013 535ix lease
by greggmiller
Nov 03, 2012 (4:25 am)
Folks,
Appreciate any advice you can provide this newbie with regarding the following scenario.
I am new to BMW and new to luxury cars in general. Working hard and finally willing to pony up some dough for a new luxury car. Test drove the 535ix and, must say, was impressed:
Car has an MSRP of $61470. The dealer offered to price it for a sale at approximately $1000 over invoice. When I discussed the possibility of leasing, the discount from MSRP "dropped" to 59,000 with a cash cap reduction of $1160. On my lease sheet, the adjusted cap cost is ~$57000.
I am being offered a money factor of .00155, residual value of 56% and 15,000 with overage at .15 per mile. I am being asked to put $2500 down and there are registration and doc fees of $503. A rebate is listed at $2000 (not sure where it applies...but I think it works its way into the adjusted cap cost).
Can anyone tell me if this is a reasonable deal and/or what areas I should negotiate to make this a better deal? Final payment works out to 721 per month before taxes.
Many thanks in advance for any assistance. Happy to provide additional info, if needed.
GM
#3678 of 3910 Re: BMWFS 550 Lease Rates [derekla]
by Car_man HOST
Nov 08, 2012 (5:27 pm)
Hi derekla. BMW Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 BMW 550i Sedan with 10,000 miles per year are .00125 and 58% for consumers who qualify for its top credit tier.
BMW is currently providing a $2,000 Holiday Credit on leases of this car.
Car_man
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#3679 of 3910 Re: Help with 2013 535ix lease [greggmiller]
by Car_man HOST
Nov 08, 2012 (5:31 pm)
Hi GM. A selling price of $1,000 over invoice minus the $2,000 cash incentive that is currently available on leases of this car is a decent deal on this car. The money factor that you were quoted is a little high though. BMW FS' buy rate for this model is currently .00125 for consumers who qualify for its top credit tier. Make sure that the dealer uses this factor to calculate your car's payment.
Car_man
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