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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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#2574 of 2604 Dents & dings at the end of my lease by johninDC Nov 09, 2009 (7:06 pm)
My car has a few nice door dings and scratches. If I lease another BMW from BMW Finance do I need to worry about it or will they look the other way?   Also, my lease is up in March. Everyone agree that December is the best month to sign my new deal? Thanks
#2575 of 2604 Re: Any thoughts on a bottom line? [fm1] by mjr2u Nov 10, 2009 (10:17 am)
Replying to: fm1 (Nov 05, 2009 7:04 pm) SergeyM: Was just at my BMW dealer on Sunday. BMW Finance is now offering $2,500 "Holiday Cash" and for current 5 Series owners, and additional $1,500 if you buy or lease another 5 Series (5 for 5 Promo).
#2576 of 2604 BMW 535i Lease Question by mjr2u Nov 10, 2009 (10:39 am)
Hi Carman   Can you confirm the current Nov 09 MF and Residual rates are on a 2010 535i sedan? I was told that the Nov rates went up to 0.0028 MF, 60% residual on a 3yr/12k mi/yr lease. That is quite a jump from the 0.00155 Oct MF rate. However, they are offering $2500 cash, plus $1500 loyalty bonus now. I negotiated $1000 over invoice, but they are also adding in $480 in dealer advertising fees. Here is the breakdown: Base MSRP: $51,100 Neptune Blue, Cream/Blk Dakota, Bamboo Cold Weather Pkg $750 Premium Pkg: $750 Active Cruise $2400 Comfort Access $1000 Head-Up Display $1200 Heated Rear Seats $350 Multi-Contour Seats $1200 Nav $1900 Power Rear Sunshade $575 Split fold down rear seat $475 Premium Hi Fi $1200 Satellite Radio $595 Park Distance $750 Destination $825 Total MSRP - $65,550 Negotiated price - $57,150 MF=0.0028 Residual=60%   With 2k down, they are telling me $873/mo, 36 mo, 12k mi/yr. Does that look like a good lease? Replies to this message: SergeyM (Nov 10, 2009 10:32 pm) Car_man (Dec 04, 2009 2:40 am)
#2577 of 2604 Re: BMW 535i Lease Question [mjr2u] by SergeyM Nov 10, 2009 (10:32 pm)
Replying to: mjr2u (Nov 10, 2009 10:39 am) I have a similar offer for 2010 550 (MSRP $70,070). $2,250 out of pocket and $875 per month. I assume that your $2K down are not the cup cost reduction just the initial payment (first month and fees) still my deal seems to be a little bit better.
#2578 of 2604 November Money Factor Rate by l0m6905 Nov 11, 2009 (9:48 am)
Hello-   Can someone tell me what is the money factor rate for the 2010 535i 36 month lease, 12,000 miles? The dealer here in Dallas,TX is charging 0.00285. I think this rate is a bit high but I need to know if I can negotiate a lower rate.   Thank You Replies to this message: fm1 (Nov 11, 2009 11:10 am) l0m6905 (Nov 12, 2009 6:20 am) fm1 (Nov 12, 2009 7:09 am) Car_man (Dec 04, 2009 2:44 am)
#2579 of 2604 Re: November Money Factor Rate [l0m6905] by fm1 Nov 11, 2009 (11:10 am)
Replying to: l0m6905 (Nov 11, 2009 9:48 am) In DFW, Classic and Moritz offering MF .00280. They are marking up by a percent. What I have learn that they don't want to negotiate on MF but they can lower the price. I think you should be able to get 1000 over invoice easy. I think MF is to high. .00280 means about 6.7%. Though BMW is offering $2500 to new customers but in reality it is miss leading. If not in a hurry, I would wait for better MF.   fm Replies to this message: l0m6905 (Nov 12, 2009 6:20 am) fm1 (Nov 12, 2009 7:09 am)
#2580 of 2604 Re: November Money Factor Rate [fm1] by l0m6905 Nov 12, 2009 (6:20 am)
Replying to: fm1 (Nov 11, 2009 11:10 am) The Dallas dealership recommended if I lease the 2010 535i with the M Sport package then I should purchase the tire warranty which was $1,189.00. This warranty covers damage to the tire but if the tire needs to be replaced due to normal wear & tear then I would be responsible for the cost of the tires. Should I purchase this tire warranty???? (note: salesman said it would cost $550.00 per tire) Please advise.   Thank You. Dallas BMW Girl Replies to this message: fm1 (Nov 12, 2009 7:09 am)
#2581 of 2604 Re: November Money Factor Rate [l0m6905] by fm1 Nov 12, 2009 (7:09 am)
Replying to: l0m6905 (Nov 12, 2009 6:20 am) If you damage a tire, they will only pay for that tire. If your damaged tire was fairly new then it may be okay but in most cases you want to replace the tires in pair. I would just put that money in the saving account collect interest and insure my self.   fm
#2582 of 2604 something weird when I build my 5er on bmwusa.com by phoneixphyre Nov 12, 2009 (5:37 pm)
I selected sport, prem, and cold. But rather than showing $2200 for premium package it only shows up $750. Has anyone else gotten this?   also, the MF seems awfully high. Any news on if and when they will reduce that?   I am going from a 3series to a 5 so the 2500 option won't be available to me will it?   thanks! Replies to this message: vchad (Nov 12, 2009 10:54 pm) mjr2u (Nov 13, 2009 3:28 pm) mjr2u (Nov 13, 2009 3:17 pm)
#2583 of 2604 Re: something weird when I build my 5er on bmwusa.com [phoneixphyre] by vchad Nov 12, 2009 (10:54 pm)
Replying to: phoneixphyre (Nov 12, 2009 5:37 pm) Guys, I too have been looking for a 535i lease. But the lease numbers are HORRIBLE. I think bmw is on crack.   this car is being repalced in about 3months with a NEW model, and the interest rate is almost 7%. Guys wait it out, wait till december atleast, see if they lower it. Paying that much is nuts. And you should be working FROM invoice, forget msrp. this car is outdated. for comparisons, mercedes is charging .00270 for a new class that JUST came out, vs bmw's 6yr old car. The extra rebate doesn't offset the insane MF.   Mercedes offered a 10k rebate, on the remaining 09 E-classes, while the newbody 10' model was coming out. BMW will at somepoint come out with a hefty rebate. Dont pay too much. Replies to this message: mjr2u (Nov 13, 2009 3:28 pm)

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