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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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#747 of 2604
2007 530xi 54,200 MSRP by rmudumbai
Aug 08, 2006 (12:21 pm)
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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...

#748 of 2604
Re: 530 Lease Deal [flatout18] by lawman10
Aug 08, 2006 (7:56 pm)
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Replying to: flatout18 (Aug 08, 2006 9:12 am)

How much did you put down and which dealer in south florida. I went to one dealer in lauderdale they want $642 for 24month on a 525 car with prem pkge xenon lights and satelite tax included with $2600 total due at signing which includes $600 security. Your deal sounds so much better although I dont know how much you put down.
 
Thanks
#749 of 2604
Re: 530 Lease Deal [lawman10] by flatout18
Aug 09, 2006 (7:05 am)
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Replying to: lawman10 (Aug 08, 2006 7:56 pm)

Lawman10,
 
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 flatout18hotmail.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.
#750 of 2604
Re: 530 Lease Deal [flatout18] by jobie
Aug 10, 2006 (7:21 am)
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Replying to: flatout18 (Aug 08, 2006 9:12 am)

I'm considering leasing the same model and set-up - just wondering what your thoughts are on the SP vs. non-SP. I'm in upstate NY so I install 4 snows each winter, but am still concerned that tires will wear out too quickly, be noisy and be susceptible to damage,etc. Can you comment on the drive comparison, etc.? I don't care for the non-SP wheels at all - the SP wheels look great IMO. I turned in a non-SP 2002 530i without the SP and always wondered what I was missing. Thanks
#751 of 2604
Re: 530 Lease Deal [jobie] by flatout18
Aug 10, 2006 (8:04 am)
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Replying to: jobie (Aug 10, 2006 7:21 am)

SP vs. non-SP is a very personal choice.
 
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.
#752 of 2604
Re: 650 Lease Terms? [be02939] by Car_man HOST
Aug 14, 2006 (2:29 am)
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Replying to: be02939 (Jul 30, 2006 6:48 am)

You're very welcome, be02939. BMW actually recently enhanced its lease program for the 2007 5-Series. Its buy rate lease money factors for the 2007 550i and 530i for leases up to 42 months are now .00195 and .00160, respectively.
 
Car_man
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Prices Paid Forum
#753 of 2604
Re: 530xi Lease question [erfan] by Car_man HOST
Aug 14, 2006 (2:31 am)
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Replying to: erfan (Aug 02, 2006 1:22 pm)

Hi erfan. Yes, the money factor that you mentioned is still available in August. I believe that BMW FS' current lease program is scheduled to run through 8/31.
 
Car_man
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Prices Paid Forum
#754 of 2604
Re: BMW 5-Series: Lease Questions [rajivr] by Car_man HOST
Aug 14, 2006 (2:33 am)
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Replying to: rajivr (Aug 07, 2006 11:12 am)

Hey rajivr. Let's run some numbers and see what sort of a payment we come up with for this car. According to my calculations, if you were to lease a 2007 BMW 530i with an MSRP of $53,070 and a selling price of $49,065 through BMW Financial Services right now for 36 months with 12,000 miles per, your zero down, pre-tax monthly payment should be around $581.
 
Car_man
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Prices Paid Forum
#755 of 2604
Re: 2007 525 BMW [lawman10] by Car_man HOST
Aug 14, 2006 (2:36 am)
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Replying to: lawman10 (Aug 07, 2006 2:09 pm)

Hi lawman10. The best way to tell if you are getting a good deal on this car is to look at its selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. I would be happy to share my thoughts on this deal with you if you provide me with this car's MSRP and selling price. These numbers will show me how much of a discount you are being given on it and they will enable me to estimate what its lease payment should be.
 
Car_man
Host
Prices Paid Forum
#756 of 2604
Re: 530 Lease Deal [flatout18] by Car_man HOST
Aug 14, 2006 (3:10 am)
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Replying to: flatout18 (Aug 08, 2006 9:12 am)

Congratulations on your new car, flatout18 (it's a nice one). thanks for taking the time to share the details of your deal with everyone. Real world examples like this are always helpful to other people who are in the market. Enjoy your new ride!
 
Car_man
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Prices Paid Forum

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