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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
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Replying to: flatout18 (Aug 09, 2006 7:05 am)
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Replying to: franklingt3 (Aug 14, 2006 3:55 pm) Each additional security deposit (up to 7 additional deposits) reduces the money factor by .00007. Therefore, you could reduce your MF by .00049. If you do not mind tying up four to five thousand dollars, it is the best deal going. Work through the numbers and you will see the savings. Paying down your cap cost makes no sense. You are better off buying down your MF with additional security deposits. You get the money back at the end. |
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Replying to: Car_man (Aug 14, 2006 2:29 am) the lease rate for 2007 550i 0.00195 does this rate apply only to previous BMW owner ? is this rate with zero drive off ? tks
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Replying to: Car_man (Aug 14, 2006 2:33 am) Thanks Triston
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Replying to: tdbrph (Aug 15, 2006 4:54 pm)
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Replying to: kyfdx (Aug 15, 2006 7:22 pm) |
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I am considering to lease 07 530i with following options: Pre pkg/SP/Auto/PDC/logic7 MSRP= 55970 Discount 3000 - Sale price 52970 Tax(6.25%) 3310.62 Dealer inventory tax(.002364) 133.04 Title 54.75 License transfer 70.80 Document fee 50.00 Total 56534.46 MF = .002 (The dealer is not giving me .0016) After 7 security dep., MF = .00151 Lease terms are: 36mon/10000miles/63%residual/3500 down Note out of pocket cash is security deps + 3500 Please look at the charges and tell me if dealer is charging me any out of the norm. I would appreciate if someone can help calculate the payments? Thanks. fm
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Am looking at a 36 month/15k per year lease on a 2007 550i. Cold weather, Logic 7, Sirius, Automatic. MSRP $61740. Cap cost $57700. The dealer is telling me the resid is 59% (I thought it was 60%) and that they just modified the additional security deposit rules to allow only 5 additional deposits instead of 7. True? Anyway, they are showing me a monthly payment of $754+tax with no cap cost reduction. First month, security deposit + 5 additional security deposits, $650 acquisition fee, $289 dealer docs, $145 registration due at signing. Thoughts? Thanks for your help - great forum!
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Replying to: fm1 (Aug 17, 2006 7:31 pm) They should give you .0016 and you should get the car for 1K more than invoice. You should not put any down and payment should not be more than 780 for 15K miles/36 months |
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Replying to: bettencb (Aug 18, 2006 8:01 am) that is a pretty nice discount on an '07... I wonder if these guys are familiar with the MSD program.. Unless something has just changed, the 5 MSD program was the new program about 3 years ago... The 7 MSD program was just put into place this past winter.. You should ask what reduction they are calculating for each MSD... Under the current program, you get a .00007 reduction for each MSD.. The old 5 MSD program only gave you a .00005 reduction for each MSD.. Calculating your lease, with 5 MSDs at .00007 for each one, I get a payment around $742/mo.+tax.. It looks to me like they may be using the old program.. Unless something has just changed... I think it is more likely that they are behind the curve.. regards, kyfdx
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