Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Sedans BMW 5-Series BMW 5-Series Lease Questions
2607 messages, Last post on Dec 08, 2009 at 4:21 PM
You are in the BMW 5-Series Forum. Your Hosts are pat & karens
|
Replying to: tambaydriver (Sep 22, 2009 6:31 pm) Carman, or anyone else in the community - are there any other insights that you have on the select program? it does have a ballon payment on the backend. because i live in ohio, i'm guaranteed 2.9% interest if i choose to finance the ballon payment for another 1-2 years OR i can pay it off OR i can take the residual value and roll into a new vehicle at the time.
|
|
|
Replying to: gregoryx (Sep 26, 2009 7:15 am) The drawback in comparison with a lease, is you don't have the option to turn it in at the end of the term.... You have to refinance the balloon, or sell the car, and repay the balance... Generally, they created the program as an alternative to leases for full-tax states like Illinois and Texas. It preserves the trade-in tax credit for those states, by putting the car in the name of the buyer, rather than a leasing company. It is rarely used outside of the states with those taxing policies.. There is nothing inherently wrong with it... Though, many people have the opinion that if you can't afford to pay for a car with a 60-month loan, then it is too expensive for your budget. regards, kyfdx Host-Prices Paid Forums
|
|
|
Replying to: drewzie (Sep 19, 2009 6:00 pm) 2300 at sign in 4000 trade 36/ 15K/year /574 (inc. tax) 58% residual |
|
|
All, In the past I have always bought my cars but I am considering leasing a car at this time. I am looking at leasing a 2009 or 2010 528i with Prem package, navigation, park distance control and split rear folding seats. I am looking at a 3yr lease with 15K miles. Can I ask for some advice on what is a reasonable purchase price, what is the MF and what would be reasonable monthly payments. Live in SoCal. Any help would be much appreciated. |
|
|
Replying to: kyfdx (Sep 26, 2009 7:23 am) i have a vehicle allowance as part of my compensation package and i drive too many miles for a straight lease program. based on what the dealer told me, i can also roll the vehicle into a new vehicle and continue the lease type payments. i never plan nor need to purchase a vehicle given my situation so i'm going to go with it. |
|
|
Replying to: bmwpower2010 (Sep 03, 2009 9:52 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: bettencb (Sep 04, 2009 7:08 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Replying to: armitagemike (Sep 18, 2009 5:46 am) The money factor for a lease with only 10,000 miles per year is exactly the same, but the residual value would be 1% higher. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
I am about to sign lease w/ JMK BMW in NJ - 36 months - 15k miles/year; $15k down (includes Audi trade-in); MSRP = 60,170; Invoice = 55,925; "Price" on lease sheet = 57,000. MF = .00165 and .58 residual. Lease cost = $455/month. Liive Union County, NJ; Reasonable??? Should I be asking for .00155, and, for $500 above the invoice price?
|
|
|
Need you advice please. Your help is amazing!! so nice of all of you to share the advice. 2010 - 530i (with Premium and Cold weather Pkg) retails: $53,425 - ($3000 discount on the vehicle) residual value: 61% at 10,000 miles per year (I don't drive much, so 10,000 is fine for me) lease rate: .00113 with (6) six multiple security deposits ($700 x 6 = $4200) $662.34/mo including tax – with $4937.34 due at singing ($4200 is refundable SD) (Sales tax in here is 6.75%) Is this a good/bad deal? Thanks in advance! |
|
You are here:
Forums
Sedans BMW 5-Series BMW 5-Series Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2011 BMW 5 Series
Browse by Board
Browse by Topic
Today's Chats
