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BMW 5-Series Lease Questions

2607 messages,  Last post on Dec 08, 2009 at 4:21 PM

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What is this discussion about? BMW 5 Series, Car Leasing, Sedan, Wagon


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#2578 of 2607
November Money Factor Rate by l0m6905
Nov 11, 2009 (9:48 am)
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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
#2579 of 2607
Re: November Money Factor Rate [l0m6905] by fm1
Nov 11, 2009 (11:10 am)
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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
#2580 of 2607
Re: November Money Factor Rate [fm1] by l0m6905
Nov 12, 2009 (6:20 am)
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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
#2581 of 2607
Re: November Money Factor Rate [l0m6905] by fm1
Nov 12, 2009 (7:09 am)
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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 2607
something weird when I build my 5er on bmwusa.com by phoneixphyre
Nov 12, 2009 (5:37 pm)
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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!
#2583 of 2607
Re: something weird when I build my 5er on bmwusa.com [phoneixphyre] by vchad
Nov 12, 2009 (10:54 pm)
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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.
#2584 of 2607
Re: something weird when I build my 5er on bmwusa.com [phoneixphyre] by mjr2u
Nov 13, 2009 (3:17 pm)
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Replying to: phoneixphyre (Nov 12, 2009 5:37 pm)

That's because the $0 Value Package already includes Leather Interior. So, when you select the Premium Package, all that you're being charged for is the Auto Dimming Mirrors and Garage Door Opener. While it shows $2200 on the description, when you add the Premium Pkg., the correct price updates in the Summary. BMW's Website Tools really need an upgrade!
#2585 of 2607
Re: something weird when I build my 5er on bmwusa.com [vchad] by mjr2u
Nov 13, 2009 (3:28 pm)
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Replying to: vchad (Nov 12, 2009 10:54 pm)

I agree, the 0.0028 Nov MF is insane!, especially when the Oct MF was 0.0015.
 
Even with the $2500 holiday cash, plus another $1500 loyalty bonus, it doesn't really offset the 6.72% effective interest. However, my dealer told me that I can lock in during this program, and if the rates go down by the time my current lease is up (Feb 10) and before I take delivery of the new car, (I'm ordering it) - I can take the lower rate if I want.
 
Probably what will happen is that BMW will lower the MF (maybe) and if they do, the case incentives will disappear. They're not going to give you both, I'm certain. (I'm really bummed about the MF, because my current '07 5 MF is 0.00085!!! (or 2.04%APR).
#2586 of 2607
Re: Newbie Pls help [2buyabmw] by baluk
Nov 17, 2009 (7:06 pm)
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Replying to: 2buyabmw (Nov 06, 2009 3:19 pm)

Hi I got the following from an NJ dealer
 
2010 528i Premium, Cold weather
10K / 36months
 
MSRP = $48325
Sale price = $45125 (claims $100 over invoice)
MF = 0.00245 Res = 61%
 
4139 down and 538 a month
 
First time BMWer. What do you guys say?
#2587 of 2607
528i 2010 lease by baluk
Nov 17, 2009 (7:13 pm)
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hi car_man,
010 528i Premium, Cold weather
10K / 36months
 
MSRP = $48325
Sale price = $45125 (claims $100 over invoice)
MF = 0.00245 Res = 61%
 
4139 down and 538 a month
 
First time BMWer. What do you think?
I want to get rid of premium and add backup camera and bump mileage to 12k/yr, and ask to keep the payments same. would this be good?
Thanks!

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