- #591 of 2598
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Re: BMW 530 XI [marleyflynn]
by Car_man HOST
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Apr 19, 2006 (2:14 am)
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Replying to: marleyflynn (Apr 08, 2006 12:43 pm)
Hey marleyflynn. The selling price that you were quoted for this car looks reasonable to me. This model's current buy rate lease money factor is only .00100 through so the dealer is marking your factor up a little bit to add some additional profit to your deal. Overall, I'd say that this is a fair deal, though it would be better if the buy rare money factor was used to calculate your payment.
Car_man
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- #592 of 2598
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Re: 06 530XI 24 or 36 mo 10K lease [cybrmike]
by Car_man HOST
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Apr 19, 2006 (2:17 am)
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Replying to: cybrmike (Apr 09, 2006 12:05 am)
I'm glad that you find this site so informative, cybrmike. If you were to lease a 2006 BMW 530xi through BMW Financial Services right now for 24 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00175 and 74%, respectively. The numbers for an otherwise identical 36 month lease should be .00140 and 62%.
Car_man
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- #593 of 2598
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Re: bmw 530xi lease [yaya1]
by Car_man HOST
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Apr 19, 2006 (2:25 am)
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Replying to: yaya1 (Apr 09, 2006 4:30 am)
Thanks for the additional information, yaya1. You were quoted a price of around $1,000 over invoice for this car, which is a reasonable deal. You can always stop by the following discussion to see how much other community members have paid for similar vehicles lately for the sake of comparison: "BMW 5-Series: Prices Paid & Buying Experience". According to my calculations, if you were to lease a 2006 BMW 530xi wagon with an MSRP of $56,770 and a selling price of $53,515 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $628.
Car_man
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- #594 of 2598
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Re: CarMan Please Help [dan030]
by Car_man HOST
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Apr 19, 2006 (3:48 am)
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Replying to: dan030 (Apr 10, 2006 6:20 am)
Thanks Dan. Your lease payments for these cars will depend upon what their selling prices are. You should be able to get a good idea of how much you should have to pay for them now by visiting the following discussion: "BMW 5-Series: Prices Paid & Buying Experience". Take a look around that area and let me know the approximate selling prices that you want to pay for these cars. With these numbers, I can use BMW's actual lease program to tell you what their lease payments should be.
Car_man
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- #595 of 2598
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Re: BMW 5-Series: Lease Questions [junap1]
by Car_man HOST
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Apr 19, 2006 (3:54 am)
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Replying to: junap1 (Apr 10, 2006 5:30 pm)
Hello junap1. According to the latest information that I have seen, if you were to lease a 2007 BMW 530xi through BMW Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00225 and 60%, respectively. I am not personally familiar with what the market is like for this car right now, but you should be able to get some good feedback on how much you should pay by visiting the Prices Paid discussion that I posted a link to in my previous post.
Generally speaking, the fact that you want to order your vehicle might actually give you less bargaining power than if you were to purchase one off of a dealer's lot. This is because dealers are usually more anxious to unload a vehicle that they already have in inventory and are paying floorplan interest on than one than a vehicle that doesn't even exist yet. Furthermore, the sooner you take delivery of your new vehicle, the less likely it is that your deal will fall apart. If you take immediate delivery of a car that a dealer has in stock, you don't have time to change your mind or shop around like you would if you had ordered a vehicle.
Car_man
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- #596 of 2598
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Giving back
by n1daniel
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Apr 19, 2006 (5:20 pm)
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Hello everybody, I leased my 2006 530i few days ago. I guess Car man was very busy but luckily I was able to obtain residuals and money factors from another forum. This is a great forum and I want to share my numbers although it will not mean much because there are very few to no 2006 5 series left.
2006 530i with auto,pp,sp,nav.
MSRP: $54,670 INVOICE: $50,050 SELLING PRICE: $52,050
1 security deposit for .0014 money factor on 36/15K lease.
My deal in other words was $2,000 over invoice plus I gave away another $200 on the acquisition fee for a total of $825.
Payments are 719 including 7.75% tax.
Normal drive off with no cap cost reduction.
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- #597 of 2598
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Re: 525 bmw NEW LEASE [4hondo]
by Car_man HOST
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Apr 20, 2006 (1:35 am)
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Replying to: 4hondo (Apr 11, 2006 9:43 am)
Hi 4hondo. Your lease payment for this car will depend upon three variables, how long you lease it for, how many miles per year you are allowed to drive it, and its selling price. If you provide me with this information, I would be happy to estimate what this car's lease payment should be using BMW's current lease program.
Car_man
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- #598 of 2598
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Re: 530i [socalguy61]
by Car_man HOST
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Apr 20, 2006 (1:39 am)
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Replying to: socalguy61 (Apr 11, 2006 4:27 pm)
You're welcome socalguy61. BMW FS charges security deposits equivalent to vehicles' monthly payment rounded up to the nearest $50 increment. At lease signing, you will have to pay your car's first month's payment, the aforementioned security deposit, BMW FS' $625 acquisition fee, and any required state taxes or fees.
Car_man
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- #599 of 2598
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Re: 2007 BMW 525xi Lease Questions in St. Louis, Mo [wjevbwm]
by Car_man HOST
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Apr 20, 2006 (1:44 am)
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Replying to: wjevbwm (Apr 12, 2006 8:28 am)
Greetings William. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
I don't think that offering half way between MSRP and dealer invoice on a 2007 5-Series is a bad deal. According to what I have heard, dealers are not heavily discounting this car yet. They are still focused on unloading any remaining 2006 models. The money factor that you were quoted is not really that far out of line either. BMW FS' current buy rate lease money factor for a lease of a 2007 525xi is .00225 with the payment of a security deposit and .00240 with the deposit waived. The residual that you were quoted is correct, but this is not normally something that consumers really have to worry about because dealers do not have the ability to alter it.
Car_man
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- #600 of 2598
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Re: 2006 530I LEASE [pk800]
by Car_man HOST
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Apr 20, 2006 (1:49 am)
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Replying to: pk800 (Apr 13, 2006 10:34 am)
Hi pk800. In my opinion, $2,000 over invoice is a little high for a leftover 2006 5-Series. If I was in the market for this car, I personally would shoot for more at most $1,000 over. For additional feedback on how much you should pay for this car, make sure to stop by the following discussion: "BMW 5-Series: Prices Paid & Buying Experience".
Furthermore, the money factor that you were quoted for this car is a little high as well. BMW FS' current buy rate lease money factor for a 36 month lease of an '06 530i is .00140 with the payment of a security deposit. Make sure to insist that the buy rate is used to calculate your car's lease payment.
Car_man
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