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Prices Paid: Buying & Leasing Experiences BMW 5-Series Lease Questions
2607 messages, Last post on Dec 08, 2009 at 4:21 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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After much research, I finally signed on the dotted line and took deliery of my new 530. 530i - Black on Black Premium Sport Auto MSRP: 54,070 Cap Cost: 52,494 (with fees rolled in, including $825 acquisition fee and $499 dealer fee; price of car without such fees is 51,170) Invoice - 49,975 without MACO fee or $50,375 with $400 MACO 36 month lease 12,000 mile MF - .00146 with two additional security deposits Residual - 62% $698 per month. I know they marked up the acquistion fee and the dealer fee is bs but I thought it was a fair deal. Even taking into account the extraneous fees ($200 markup on acquisition and $500 dealer fee), the cost of the car was 51,870. A lot of people talk about $1000 over invoice but don't take into account other fees, acquisition, MACO, dealer, etc. My deal was $1500 over invoice. Not great but fair. Lastly, I had a tough time finding a dealer willing to give me the car at the buy rate in south florida. This is the only dealer I found willing to do that deal. Hope this helps others negotiating their deals. |
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Am trying to lease 530xi. The dealers are taking me on a ride by quoting different things different days. Did anyone lease a 530xi recently? Can you please let me know what the numbers look like? Thanks much |
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Dear Friends, MSRP: 54,200 Am looking for 36mo/15k miles per year. What should be the first month payment? What is the monthly lease that I can sign up for? Did anyone lease one recently? Please advise...
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Replying to: flatout18 (Aug 08, 2006 9:12 am) Thanks
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Replying to: lawman10 (Aug 08, 2006 7:56 pm) Money out of pocket was as follows: 1. $2100 Security Deposit - One required deposit plus two additional deposits. 2. First Month Payment of $698 3. Tag - $150 4. Other Misc. expenses - approximately $100 I did not pay make any payment to reduce my cap cost. In fact, I rolled the acquisition fee and the dealer fee into the cap cost. If I would have paid these fees up front, I would have paid $657 per month and saved $152 over the term of the lease. I think I got a good/fair deal. I think south Florida is a fairly tough market to get a great deal in. It seems that all the dealers move a ton of cars and they are not too willing to negotiate. I got my car from Lauderdale BMW on South Federal Highway. I would be glad to give you more info and let you know who I dealt with there. You can email at flatout18  hotmail.com. By the way, I can't tell how good or bad a deal you are getting without an understanding of the invoice price, MSRP and other fees.
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Replying to: flatout18 (Aug 08, 2006 9:12 am)
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Replying to: jobie (Aug 10, 2006 7:21 am) Personally, I not only like the look of the SP but the ride of the SP, tight and sporty. If I lived in an area with lots of pot holes and rough roads maybe I wouldn't have ordered the SP but in south florida I am fine. Not to mention the comfort seats that come with the SP are fantastic. Even if you don't order the SP get the comfort seats. I always thought the extra money for the seats was a waste but now that I have them I couldn't imagine being without. I am concerned about tires wearing out too quickly and becoming noisy. They aren't cheap. However, I haven't had the car long enough to provide you any guidance on this point. Given that I don't drive too aggresively and I probably will only drive 10,000 miles per year, I figure worse case scenario over a 3 year lease I will buy two sets of tires. |
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Replying to: be02939 (Jul 30, 2006 6:48 am) Car_man Host Prices Paid Forum
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Replying to: erfan (Aug 02, 2006 1:22 pm) Car_man Host Prices Paid Forum |
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Replying to: rajivr (Aug 07, 2006 11:12 am) Car_man Host Prices Paid Forum
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