Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2604 messages, Last post on Dec 04, 2009 at 7:18 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
| Follow up to 50... should the dealer have flex in that price? | |
| Is the excess mileage charge negotiable before the lease is written? I.e., if the stated overage is $0.25 per mile, can you negotiate down? Does the dealership set the excess mileage or the financial institution? | |
|
Replying to: bdr127 (Oct 08, 2005 6:10 am) |
|
|
For the 525i MSRP is 44,470 Cap Cost is 41,950 (MSRP - 2500 down - 645 discount + 625 Acq Fee) Money Factor is 0.0016 Residual is 63% (36 mo/30K) Payment is $499 For the 530i MSRP is 51,245 Cap Cost is 49,545 (MSRP - 2500 down + 175 premium + 625 Acq Fee) Money Factor is 0.0014 Residual is 63% (36 mo/30K) Payment is $594 |
|
|
Hi, Has anyone leased a 2002 / 2003 BMW 540 with the Sports Package. What was the residual value of the car when you return the car? Thanks, Dave |
|
|
All: Bit long winded but first post: What's the general feeling on lease transfers? Clearly there are a couple major sites that specialize in facilitating this service. I am curious as to Car Man's and everyone else's opinion on this. Specifically, there is a 2005 545i offered with 4200 current miles and just under 32k left on the lease, which expires in early April 2008. Original monthly payment was 909/month for lessee and he is offering 859 a month now. Lease transfer fee is $450. So again, what does everyone think of the concept in general? Then, what about this specific car? Worth pursuing or better off going to the dealer directly? From some of the reading I've done here almost seems like a ripoff. Any other info you need? More specs on car: Like New Condition 545i V8 with Sport Package. Silver Gray Metallic (car pictured). Auto Trans, Premium Logic7 Sound with Sirius Satellite Radio, Active Stearing, Active Suspension, Cold Weather Package, Split Folding Rear Seats.
|
|
|
|
|
Hi folks, I am new to this forum, but I love what I read here. So many knowledgable and nice people around here. I am in the market for a new 06' 530i with sound/nav in Nor-California. Here are my questions: 1. Is $1000 over invioce a good deal or I can do better? What is the invoice for above config? 2. 0 down or not? 3. What is the best money factor? 4. I am the 1st time lease customer, do you need to call/cut a deal with BMWFS or bank before you go to the BMW dealer? or it all can be done in the dealer? 5. What are the other normal amount for other fees? 6. Please share any other advice you want me to know. Thanks in advance, Harry |
|
|
Greetings drtravel. According to the latest information that I have seen, if you were to lease a 2006 BMW 530i through BMW Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00140 and 60%, respectively. This car's 12,000 miles per year residual value is 2% higher. Car_man Host Smart Shopper / Prices Paid Forums |
|
|
Hi dar63. Right off the bat I can tell you that this is not the "deal of a liftetime" because it appears as though the dealer that you are working with is marking-up BMW Financial Services' buy rate lease money factor for this car to add additional back-end profit to your deal. BMW FS' current buy rate money factor for leases of the 2006 525ix Sedan is .00160 for up to 42 months. I would be happy to give you my opinion on this deal if you tell me what this car's full MSRP (with the destination charge added in) is. This is an important number because it enables me to see how much of a discount you are being given and will allow me to calculate a lease payment on the car that you are interested in using BMW Financial Services' actual lease program. Car_man Host Smart Shopper / Prices Paid Forums
|
|
|
Hello rockymtn_e36. Vehicles' lease money factors are only negotiable in that it is important for you as a consumer to make sure that the dealer is not marking-up the buy rate money factor for your vehicle. However, dealers are not allowed to give lease vehicles with lower money factors than the buy rates that banks dictate. The money factor that you were quoted to lease the 2006 530xi that you are interested in is right in line with BMW Financial Services' buy rate money factor for it with a waived security deposit. As a result, your car's factor won't get any lower than that. One aspect of your deal that you should try to negotiate is the acquisition fee that you were quoted. BMW FS' current base lease acquisition fee is only $625. I just calculated a lease payment on the car that you are interested in using the prices that you mentioned in your post, an MSRP of $54,940 and a selling price of $53,300 and came up with a 36 month, 12,000 miles per year, zero down, pre-tax monthly payment of around $666. If you are able to negotiate a lower selling price than this, your car's monthly payment would drop. Car_man Host Smart Shopper / Prices Paid Forums |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2011 BMW 5 Series
Browse by Board
Browse by Topic
Today's Chats
