Last post on Dec 06, 2013 at 11:31 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Car Leasing, Sedan, Wagon
#3729 of 4277 Just Leased a 535i - INCREDIBLE deal!
Dec 13, 2012 (11:00 am)
I have been a lurker on these forums for a while and it has been a great resource for me in purchasing my last 2 BMWs. I just leased a 535i yesterday and took advantage of the 24 month "west coast" lease special. I want to share my deal with you all. I think I got a phenomenal deal on a brand new vehicle in stock. Thoughts?
2013 BMW 535i Sedan
Black Dakota Leather
Anthracite Wood Trim
M Sport Package
Dynamic Damper Control
Sport Automatic Transmission
Heated Front Seats
Bang & Olufsen Sound System
Park Distance Control
Rear View Camera
Invoice: $63,865 (includes $400 MACO and $180 Training Fee)
Negotiated Price: $62,865
Cap Cost Reductions: $2000 Holiday Cash, $750 Loyalty, $500 Ultimate Drive App Download Rebate = $3250 Combined
Price After Cap Reductions: $59,615
Additional Fees Rolled Into Lease: $725 acquisition fee
Total Cap Cost: $60,340
Lease Terms: 24 months w/ 10K miles a year
Total Cap Cost: $60,340
Residual: 74% - $50,945.30
Money Factor: 0.00125
Sales Tax: 8.50%
$530.56 = Base Payment
$45.10 = Monthly Tax
$575.66 = Total Monthly Payment
Due at Signing:
1st Months Payment: $575.66
Registration Fees: $104
License Fees: $413
Sales/Use Tax: $3.80
Electronic Vehicle Reg Charge: $29
Tax On Cap Cost Reductions: $276.25
Document Processing Charge: $45
CA Tire Fee: $7.00
Total Due at Signing: $1453.71
I feel like this was the absolute best I could do on this car. I'm actually surprised the dealer went for it. It was my first offer to them and they did the deal. It's basically $1000 under invoice minus rebates. Most people seem to be paying $500 over invoice minus rebates.
Hopefully this information helps others. There are great deals out there to be had, so good luck everyone!
#3730 of 4277 Re: Just Leased a 535i - INCREDIBLE deal! [z4maudioman]
Dec 13, 2012 (4:19 pm)
Hi, can you share the name of the dealership and person you got this deal from. I'm in Southern California also and about to turn in my lease for a new 535. Thanks
#3731 of 4277 Re: Just Leased a 535i - INCREDIBLE deal! [z4maudioman]
by kyfdx@Edmunds HOST
Dec 13, 2012 (4:20 pm)
That's a good deal...
Dec 17, 2012 (6:27 pm)
hi I'm new here
I'm going to get 2013 BMW 535ix
selling price 56195
residual 58% 36798
money factor was 0.00125
money factor after msd 0.00075
out of pocket 2110(reg ,1st pym,3yr reg.document, bank fee,tire tax)
610.01/month with tax
is this a good deal or push little harder?
I didnt't ask any this is a first shot.
#3735 of 4277 Re: Just Leased a 535i - INCREDIBLE deal! [linht]
Dec 17, 2012 (6:21 pm)
Sure linht...here is the info you requested....
I purchased the vehicle from Sonnen BMW in San Rafael. My sales advisor was Jerry Blomgren. Nice guy. It was a pretty easy deal. No BS. You would need to buy a vehicle in their inventory though. I doubt you would get a deal like that if they need to trade for the car with another dealer. I'm also not sure how many similar deals they would be willing to do. Mine might have been an exception because it was a higher MSRP vehicle which might have been harder for them to move.
Hope that helps.
#3736 of 4277 Re: 535i lease price? [marsengine]
Dec 18, 2012 (1:59 am)
This seems like an excellent deal, but wanted to ask what is the MSD as that sounds like it helped bring down the monthly cost significantly. Also, what area are you buying the car? I was only eligible for the $2000 rebate and best I received so far was $695 paying invoice minus rebate.
#3737 of 4277 New Car with Mileage
Dec 18, 2012 (11:27 am)
I am looking at a 2013 535 M sport. I have been offered the car at invoice, but recently found out it has about 3k miles on it. What kind of discount should I be looking for from here? Thanks.
#3738 of 4277 Re: 535i lease price? [tomax]
Dec 18, 2012 (6:02 pm)
msd is Multiple Security Deposit
Bmw takes msd for lower money factor
here is NJ
my rebates are
BMW apps 500
Plus 3 months payment wave for early return of current leased car