3941 messages,
Last post on Jun 16, 2013 at 11:51 PM
You are in the
BMW 5-Series Forum.
What is this discussion about?
BMW 5 Series, Car Leasing, Sedan, Wagon
#3660 of 3941 2013 528 Xi Lease
by jp007f
Oct 17, 2012 (7:37 pm)
I am new to this. Interested in a 528 Xi 2013. 12000 mile, 36 month lease. The web special is $569 a month with 2500 down + taxes etc. This includes the premium package but not the tech or cold weather. My question is how much should the tech and cold weather packages add on the monthly lease?
Thanks
#3661 of 3941 535GT 2013 or 2012
by snow26
Oct 18, 2012 (6:36 am)
Looking to lease a GT. I have read this is a very slow seller that may be discontinued after 2013. Sort of a miscalculation for demand. Are there any incentives on these right now? What is the is the residual and money factor right now for a 36 mo lease, 15,000 miles?
What type of deal should I be getting off MSRP, say a vehicle the is $68,000. MUCH THANKS!
#3662 of 3941 Re: 550Xi lease info [Car_man]
by moorech1
Oct 18, 2012 (12:25 pm)
I know this is an old post, but was looking for updated lease info (money factor, residual, etc) for 2013 550xi. Thank you!
#3663 of 3941 Re: 2012 lease rates [jddssc121]
by Car_man HOST
Oct 21, 2012 (6:38 am)
Hi jddssc121. BMW Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2012 535xi with 15,000 miles per year are .00145 and 54% for consumers who qualify for its top credit tiers.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3664 of 3941 Re: MF and RV [fyost]
by Car_man HOST
Oct 21, 2012 (6:47 am)
Wow, you're making me feel old fyost
. I'm glad that you find this forum so helpful. Thanks for being such a loyal reader.
BMW Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2013 528i with 10,000 miles per year are .00135 and 60%, for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2013 535i Sedan are .00135 and 61%.
The numbers for the 2012 528i Sedan are .00135 and 58%.
The numbers for the 2012 535i Sedan are .00135 and 57%.
When negotiating your deal, make sure to take advantage of the $2,500 in cash incentives that's available on the '12 528i and $3,500 on the '12 535i. There is not really any cash incentives on the '13 models right now. I say "not really" because there's some behind the scenes dealer cash that's based upon dealers hitting certain sales objectives that could provide a couple hundred dollars on deals.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3665 of 3941 Re: 550Xi lease info [moorech1]
by Car_man HOST
Oct 21, 2012 (6:50 am)
Here's the latest information for you moorech1. BMW Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2013 550xi Sedan with 15,000 miles per year are .00135 and 57% for consumers who qualify for its top credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3666 of 3941 2012 528i xDrive Lease
by 312chibears
Oct 22, 2012 (8:50 pm)
Hi Car Man,
I'm new to the site and really appreciate all of the great information I'm seeing so far. I am looking at a lease on a 2012 528i xDrive with Premium, Tech and Cold Weather packages. Let me know if you think this is a good deal or if I can do better:
MSRP = $56,325
Sale Price = $49,313
Money Factor = $.00165
The dealer is located in MI so there's a $190 documentation fee and I'm being told a $925 acquisition fee on all BMW leases.
I'm planning to put $7500 down and I'm getting the following numbers from the dealer for 15,000 miles per year:
$621 (includes tax)/ month for a 24 month lease
$590 (includes tax)/ month for a 36 month lease
Thank you for your help!
#3667 of 3941 Leasing 2013 528xi or 2012535xi
by karsco
Oct 23, 2012 (12:59 pm)
Car Man--new to this forum and my questions have probably been asked and answered but would appreciate your take on this leasing scenario and then a follow up question.
We are current BMW customers with lease on our 2010 528xi expiring January 2013. Contacted by our dealer looking to terminate this lease and get us into a new one. We like the BMW and have brand loyalty (which probably weakens our position) and want to stick with the 5 series. This particular 528 comes with the cold weather/executive packages and also contour seats. MSRP is $59,895. "Initial Cap Cost" is $56,600 with dealer invoice (we're told) at $55,800. Dealer may take a few hundred off the ICC but clearly not interested in going behind invoice. Dealer adding $925 in bank fees as additional cap. Residual
59% = $35,338 after 3 year lease term
12k miles per year. Money factor = .00155. As structured, deal sees us putting $5,500 down of which $3,800 is identified as cap cost reduction. We also get the $750 loyalty credit. Monthy payment including taxes is $676. This does not seem like a great deal frankly and would like thoughts.
Follow up question has to do with leasing a 2012 535xi that is on the show room floor with reduced listed price of about $56,300. This car has all of the features we're looking for but not sure how a 3 year lease deal would compare given that we're late in the model year.
Thanks very much.
#3668 of 3941 Re: Leasing 2013 528xi or 2012535xi [karsco]
by Car_man HOST
Oct 29, 2012 (9:27 am)
Welcome karsco. If the dealer invoice price that the dealership that you are working with quoted you is correct, $800 over on a 5-Series isn't bad. You may want to double check the number that you were given over in the New Vehicle Pricing section of Edmunds.com.
The acquisition fee that you were quoted is being marked up slightly, $925 versus a base charge by BMW FS of $725. So add another $200 to the dealer profit and you're really at around $1,000 over invoice. Again, this isn't terrible, but if you are in an area that has significant competition, I would not be surprised in the least if you were able to beat this offer by several hundred dollars.
The dealer is marking up your vehicle's money factor as well. BMW FS' October buy rate for the 2013 5-Series is only .00135. Make sure that they use this factor to calculate your car's payment, especially if they are charging you $1,000 over.
In my opinion, $3,800 is too much money to put down as a capitalized cost reduction. I always advise consumers to put zero down towards the cap cost. I do so because consumers whose vehicles are totaled in an accident or stolen and never recovered risk losing part or all of any money that they put down. Your monthly payment will be a little higher, but it's much safer to go with a zero down lease.
Given the cash incentives that are available on the 2012 5, you might want to get the dealer to quote you a payment on that car as well. I wouldn't be surprised if it was less expensive to lease than an equivalent '13 model, even this late in the year.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3669 of 3941 2013 528 lease question
by sportconnect
Oct 29, 2012 (10:16 pm)
In the Los Angeles/SFV area looking to lease a 2013 528, 36 months, 12,000 miles: Premium 1, Navigation, rear view camera, titanium silver, black dakota. No cash down, prefer to give multiple security deposits, high-tier credit rating. What numbers would I be looking at: cap cost, money factor, residual, etc.?
Thank you for any assistance. First time leasing. Currently own a 2002 530, exc. condition, 118,000 miles which I may trade in.