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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

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


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#718 of 2604
Re: One more try [bu96] by Car_man HOST
Jul 27, 2006 (2:12 am)
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Replying to: bu96 (Jul 02, 2006 12:08 pm)

Hi bu96. Destination charges are essentially part of vehicles' prices and should be treated as such. All of the other charges that dealers try to tack onto deals just serve to cloud the big picture. The bottom line is that you want to drive off the lot in the car that you want, paying the least amount of money possible. It doesn't really matter how the price breaks down in terms of fees. Have the dealer that you are working with quote you an out-the-door price that includes every fee for the car that you want. If you feel as though this price is too high, shop around for other out-the-door prices to compare it with.
 
Car_man
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#719 of 2604
Re: Drive-off questions [spidy99] by Car_man HOST
Jul 27, 2006 (2:20 am)
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Replying to: spidy99 (Jul 05, 2006 5:07 pm)

Hi spidy99. You are only being given a $550 discount on this car. A base 2007 BMW 530i has a spread of over $3,600 between its full MSRP and dealer invoice price, with options the spread is even higher than this. As you can see, you've definitely got some room to play here. It would be in your best interest to comparison shop a little bit to see if you can beat your current price quote.
 
The money factor that you were quoted is right in line with BMW Financial Services' current buy rate for this car. This is a good sign because it means that the dealer that you are working with is not trying to mark your car's factor up to add additional hidden back-end profit to your deal.
 
For now I will calculate a couple of sample lease payments for you based upon the prices that you mentioned. Keep in mind that if you are able to negotiate a lower selling price, your car's lease payment will drop. According to my calculations, if you were to lease a 2007 BMW 530i with an MSRP of $47,500 and a selling price of $46,950 through BMW Financial Services right now for 24 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $752. The payment for an otherwise identical 36 month lease should be around $683.
 
Car_man
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#720 of 2604
Re: Lease info on 2006 M5 [jab9] by Car_man HOST
Jul 27, 2006 (2:22 am)
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Replying to: jab9 (Jul 11, 2006 4:22 am)

Greetings jab9. BMW is not currently providing any sort of lease support on the 2006 M5 (awesome car btw ). As a result, if you were to lease one through BMW Financial Services right now you would have to use its standard lease money factor. Its standard money factor varies by region, but it should be around .00310 to .00315 right now. This car's 36 month, 12,000 mile per year residual value is currently 57%. Its 10,000 mile per year residual value is 1% higher.
 
Car_man
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#721 of 2604
Re: Drive-off questions [mark1234] by Car_man HOST
Jul 27, 2006 (2:30 am)
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Replying to: mark1234 (Jul 14, 2006 12:46 pm)

No problem, Mark1234. Capitalized cost reductions are absolutely not required. It never hurts to shop around. Good luck.
 
Car_man
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Prices Paid Forum
#722 of 2604
Re: Good Deal, or Bad Deal? Please Help.... [benbrandt] by Car_man HOST
Jul 27, 2006 (2:33 am)
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Replying to: benbrandt (Jul 16, 2006 9:09 am)

Hi benbrandt. You mentioned this car's dealer invoice price in your post but never mentioned its selling price. I assume that you are not paying invoice for it. It is important for you to know exactly what your car's selling price is. It gives you an idea of what sort of discount you are being given. All of the other aspects of this deal look good to me, i.e. the acquisition fee, money factor, etc... If you provide me with this car's selling price I will tell you what I think.
 
Car_man
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Prices Paid Forum
#723 of 2604
Re: Euro Delivery........... [bargamon] by Car_man HOST
Jul 27, 2006 (2:37 am)
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Replying to: bargamon (Jul 26, 2006 7:06 pm)

Hi bargamon. Taking European Delivery of a BMW is a great deal. The only disadvantage that I see comes when leasing. I've heard that BMW Financial Services charges consumers who lease a higher money factor for vehicles that are sold through the European Delivery program, but I do not know the exact details.
 
Car_man
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#724 of 2604
Enhanced lease program... by Car_man HOST
Jul 28, 2006 (1:26 am)
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Hi everyone. Those of you who are in the market for a 2007 BMW 5-Series will be interested in the fact that BMW made an unscheduled enhancement to its lease program for this model two days ago. I would be happy to discuss the new, improved lease program with anyone who's interested.
 
Car_man
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#725 of 2604
Re: Enhanced lease program... [Car_man] by ph_7
Jul 28, 2006 (5:20 am)
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Replying to: Car_man (Jul 28, 2006 1:26 am)

Car_man,
 
Perfect timing - I'm planning to negotiate an end of the month deal this weekend, and would appreciate any information you have on enhanced lease terms.
 
Thanks,
 
ph 7
#726 of 2604
2007 Leasing by fluid15
Jul 28, 2006 (8:23 am)
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I also am considering Leasing (perhaps Euro Delivery) of a 530i. My timing to make the deal is probably a month away but my planning has already started.
 
The downside, as I understand it, of Leasing on ED is that the Lease begins 14 days before you pick up the car and then after picking it up you have to wait 4-6 weeks for it to ship back and be delivered to you. So essentially you begin the lease ~ 2 months before you have it in your garage. If this is inaccurate please comment.
#727 of 2604
Re: 2007 Leasing [fluid15] by kyfdx HOST
Jul 28, 2006 (10:25 am)
Reply

Replying to: fluid15 (Jul 28, 2006 8:23 am)

All correct... except..
 
BMWFS waives your second lease payment on ED leases.
 
Of course, the ED lease MF is .0003 higher than US delivery...

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