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BMW 5-Series Lease Questions

3911 messages,  Last post on May 22, 2013 at 5:18 PM

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

Messages Page 380 of 392

#3790 of 3911 550i Purchase by virtualmayhem

Jan 23, 2013 (8:46 pm)

Hello Car_man,
  
I have been working on a purchase of a 2013 BMW 550i and this is what they have told me thus far:
  
MSRP: $74,770
Invoice: $68,955
Purchase Price: $70,000 (this is my target, we are still working to this, I'd like $69.5K Better
Lease Term: 3 Years, 12K miles per year.
Residual: 62%, I was initially told 63% but they said 12K a year is 62%.
Money Factor: 0.0017
  
I have outstanding credit, when I do the calculations I get a payment of $854.55 excluding sales tax. Does the above information look accurate? I keep reading that perhaps waiting until March when incentives might be better may be the way to go here? I have read online that perhaps the residual on a 550i for 3 years and 12K miles is only 60%?
 
While I am at it, anyone have any good suggestions on dealers in AZ or nearby state? Dealer here is saying $2100 off MSRP is a good deal and I know that isn't true. They are pretty much not willing to move much. I want to do $500 over invoice or even lower.

#3791 of 3911 Re: 550i Purchase [virtualmayhem] by ankitpoo

Jan 24, 2013 (9:22 am)

Replying to: virtualmayhem (Jan 23, 2013 8:46 pm)
Hi!
Virtualmayhem,
 
Resv you stated is correct, for 12K a year it is 62% for 36 months. 63% is for 10K yr. MF you states is higher. The correct MF for top tier credit is .00130. In my opinion 550's are a lot harder to move than 535's. I almost got 10% off MSRP for me. But than i live in NJ. Try to see to see what other delarships are offering. Thanx!

#3792 of 3911 Re: 550i Purchase [ankitpoo] by virtualmayhem

Jan 24, 2013 (9:53 pm)

Replying to: ankitpoo (Jan 24, 2013 9:22 am)
Thanks ankitpoo. So if I adjust the money factor to .0013 without tax the payment comes out to $808.00 does that sound about right?
 
The dealers in AZ are hesitant to move off much more than $2500 off MSRP. Do you know if I worked out a purchase in say LA that they could do a dealer ship to one here in AZ? They seem to be much more willing to deal in California and even Las Vegas. I'm trying to avoid the tax and vehicle registration complications if buying and taking possession out of state.

#3793 of 3911 Re: 550i Purchase [virtualmayhem] by ankitpoo

Jan 25, 2013 (9:49 am)

Replying to: virtualmayhem (Jan 24, 2013 9:53 pm)
hi!
Virtualmayhem,
 
If the delars in LA or LV can ship the car to you or the nearest delar, than i don;t see any problem. try to see what the online lease companies can do. try googling it to find one in west coast. as per the tax and registration, i don't think it will be a big problem. if you want more info on that, try www.bimmerfest.com. that is a very good website for BMW and ask under the forum for "Ask a Delar". there are so many sponsered delars on there, and they are all good. especially Greg Poland, Jon Shafer, they are the best. i bet they will help you out, and there prices are basically unbeatable. Thanx!

#3794 of 3911 Great deal on a 2013 535i xDrive by insidecarbuy

Jan 27, 2013 (6:21 pm)

Hey guys,
Just helped a friend get this deal on a 2013 535i xDrive sedan. He was coming out of a 2010 335i sedan and took advantage of the BMW pull ahead program.
 
MSRP is $61,820 with Premium package, Cold Weather package, Navigation and Premium Hi-Fi Sound. Leased it for 36 months and 12,000 miles per year with just inceptions due at signing. Selling price was $54,992 with .00130 money factor and 62% residual. See the details below...
 
CUSTOMER DISCLOSURE
Customer Name: Inside Car Buying LLC WD Deal ID: 21803
Sale Vehicle: New 2013 BMW 5 SERIES 135D 4dr Sdn 535i xDrive w/AC , Automatic , Odom: 0
  
   
Payment Details
Term 36
Base Payment 584.20
Total Payment 584.20
Purchase Option 38,328.40
MSRP 61,820.00
Est. Miles Per Year 12,000
Disposition Fee 350.00
Excess Mileage Charge 0.20
       
Amount Due at Signing
  
1st Month Payment 584.20
Acquisition Fee 725.00
Fees & Insurance 384.00
Upfront Taxes 1,609.88
Total Inception Fees 3,303.08
   
Total Cash Required on Delivery 3,303.08
  
   
Tax Information
Customer State: New York Customer County: WESTCHESTER
Type Amount Rate Paid
Cashdown Tax 59.00 7.3750 Upfront
Upfront Tax 1,550.88 7.3750 Upfront
   
Fee Information
Description Amount Paid
Reg 286.50 Upfront
Insp 10.00 Upfront
Title 12.50 Upfront
DocFee 75.00 Upfront

#3795 of 3911 Is this a GOOD DEAL on a 550 M SPORT? by rudycassap

Jan 31, 2013 (10:46 pm)

Wondering if anyone was able to do better in January on a 550i with M Sport package. Car is in Graphite Metallic and also has the Sport Auto with paddle shifters. MSRP 66,695 and selling price is near 62,000. Car is a 2013 model year.
 
In my opinion, once you add options to a 535i you might as well go 550i since it includes navigation, PDC, rear camera, Dakota leather. Also, I hate the BMW stop-start system and the 550i does not have it.
 
California lease. 36 months, 10k miles per year.
 
4,800 dollars total driveoff (includes 1st month payment, tax, license).
63 percent residual
money factor is 0.00125
monthly payment of 683.11 including tax (base payment is around 623).
Deal includes 2,000 dollars BMW lease cash.
 
Car is comfortable and has power, but I feel it is kind of boring. Just thought BMW has attractive leases compared to Lexus GS 350 F Sport and Mercedes E550. Any thoughts?

#3796 of 3911 Re: 2013 BMW 535i M-Sport lease [taffymon] by Car_man HOST

Feb 03, 2013 (8:29 am)

Replying to: taffymon (Jan 20, 2013 10:47 pm)
Hi taffymon. Do you happen to know this car's selling price. I could probably come close to backing into it by playing with the numbers, but that figure would make it much easier for me to evaluate this deal. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Consumers should always find out how much they are being charged for the vehicle that they want, to see if there's more room left to negotiate.
 
If you're not in a hurry, it might not be a bad idea to wait to get your new BMW. BMW had huge incentives in December and it blew out a lot of vehicles. As a result, it backed off on incentives on many vehicles, including the 5, in January and February. I suspect that they will crank back up support at some point this year as inventory levels grow.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3797 of 3911 Re: 2013 BMW 535xi Lease [ray1022] by Car_man HOST

Feb 03, 2013 (8:39 am)

Replying to: ray1022 (Jan 21, 2013 7:09 pm)
Here you go ray1022. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 550xi with 15,000 miles per year are .00135 and 49% for consumers who qualify for its top credit tiers.
 
The numbers for an otherwise identical lease of a 2013 535xi are .00135 and 52%.
 
I don't think that BMW is offering 39-month leases on these cars right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3798 of 3911 Re: 2013 528 lease [wdl963] by Car_man HOST

Feb 03, 2013 (8:50 am)

Replying to: wdl963 (Jan 22, 2013 6:29 pm)
Sure wdl963. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 535i Sedan with 15,000 miles per year are .00130 and 60% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3799 of 3911 Re: 2013 BMW 535i M-Sport lease [Car_man] by taffymon

Feb 03, 2013 (11:49 am)

Replying to: Car_man (Feb 03, 2013 8:29 am)
We pulled the trigger on the deal yesterday so I hope we did OK. The selling price was something like $59,900. We are putting down a total of $5500 that includes the down, first month payment, aquisition etc. The monthly payment, with tax included will be $669/mo. The car is being ordered from the factory and will come in 8-10 weeks. One dealer told us if the car comes in MAR/APR and there are incentives, we can still benefit as the actual sales/lease contract is not signed until then
 
Thanks for your time,
Bob

Messages Page 380 of 392

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