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BMW 5-Series Lease Questions

2604 messages, Last post on Dec 04, 2009 at 7:18 AM
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Hi, Negotiating a 3 yr/10K lease for a 535xi with premium, nav, parking control and sat. radio. Total MSRP: 58220. 61% residual Original dealer offer was about $2200 down, which is first month, fees and $925 down payment, with monthly payment of $755 (before tax is applied). Spent a lot of time on this site and emailed another dealer and got a quote for about $708/month for same model but less one option, so $750 less in MSRP price. Used info with original dealer and when talking with the dealer's general manager, I asked if he knew whether MF would go down in December. He stated that the .00028 MF will remain in effect through 1/4/10, same as the holiday credit. They just came down to $715/month ($40 drop per monthly payment). Seem like a good deal if I want to finalize this month? |
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Hi Car_Man, Could please update all of us on the December Lease Numbers (12k/15k miles) and current incentives on a 528i? Thanks so much.
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Replying to: fm1 (Nov 06, 2009 8:16 am) As you mentioned, BMW is currently providing a $2,500 cash incentive on leases of this car to all customers plus an additional $1,500 ($4,000 total) to loyal customers. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: rob_m3 (Nov 09, 2009 5:48 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: mjr2u (Nov 10, 2009 10:39 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: l0m6905 (Nov 11, 2009 9:48 am) It appears as though the dealer that you are working with is attempting to mark your car's factor up to bake additional back-end profit into your deal. See if you can get the dealer to use the buy rate to calculate your car's payment. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: baluk (Nov 17, 2009 7:13 pm) If you are really getting this car for $100 over dealer invoice minus the $2,500 cash incentive that is currently available on it. You can double check to make sure that you are really getting this car for that price by looking up its dealer invoice price over in the New Vehicle Pricing section of Edmunds.com. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: freezedog (Nov 21, 2009 6:51 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nc_driver1 (Dec 01, 2009 12:45 pm) The residual value for a lease of this car with only 12,000 miles per year would be 2% higher. When negotiating your lease, make sure to take advantage of the $2,500 cash incentive and additional $1,500 cash incentive for loyal customers (if you are eligible for it) that are currently available on this model. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Dec 03, 2009 3:56 am) I'm in the market for a 528 or 535, and I'm not in a hurry to get one, but at the same time I dont want to loose the $2500 Holiday incentive BMW is offering now, Do you think BMW will lower the MF in January to get more aggressive or is this as it will get? right now my dealer is offering the following to me: All offers are with 36/10 $2000 total out of pocket 1. 2010 528i only option is VP $568 + Tax 2. 2010 528i Sport Pckg, VP, Xenon, $619 + Tax 3. 2010 535i Premium, Sport, $655 + Tax Your thoughts Thanks RM |
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