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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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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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Replying to: kyfdx (Aug 22, 2006 3:31 am) |
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lease details for 2007 bmw 530i with PPkg, auto, navigation, comfort, PDC, shades, 10k miles/yr, 36 months. net cap cost = 52,515 [invoice + $910 + options + destination fee($625)] down = $0 security = $0 money factor = 0.00175, residual = 63%, monthly + tax = $696 other fees ; acquisition = $625, document = $45, registration = $410. Lease guru's please advise if this is a good deal. will try to negotiate 12000 miles/yr and pay 8 security deposits to bring MF down. |
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Here is what I was quoted by my local dealer in Indiana on a 2007 530i: MSRP $55,415 Sell Price $53,308 Lease $823 including 6% sales tax ($776 before tax) 36 Month/15,000 per year. No money down, no Sec. Deposit, only first lease payment and documentation fees ($199.00) due at signing. I have a feeling that the discount is a bit on the low side, but I am limited on number of dealerships I can deal with. Are these figures at least a little bit fair? |
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Auto, Cold, Sirius, Nav, Prem, Comfort Access, Split Rear Seat, Voice Activation. $55,890, sell $53,000 24 months, 12k, $637 per month with TTL out the door $5,000 incl all NJ taxes and fees. Am I good to go?? Franklin in NJ |
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Can someone tell me what should my monthly payment be if I were to lease a 5 series with the following: 36 month lease 12k miles a year MSRP: $52,870 Invoice: $48,410 I can put 500 down plus taxes, title feee and DMV
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Replying to: lawman10 (Aug 07, 2006 2:09 pm) Thanks
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