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2010 535ix Lease Research
by logic_3 on Mon Sep 07 09:58:10 PDT 2009
Ok, my head is spinning as I try to figure out a deal, strategy and dealer to work with. This will be my first time leasing a vehicle, as I have always purchased in the past. Here is the vehicle info and data that I have researched so far: 535i xDrive Sedan Base MSRP 53,400 (49,130) Alpine White 0 (0) Brown Dakota Leather 0 (0) Light Poplar wood trim 0 (0) Premium Pkg 750 (685) Sport Pkg 1,400 (1,275) Value Pkg 0 (0) STEPTRONIC 0 (0) Comfort Access keyless 1000 (910) Heated rear seats 350 (320) Navigation 1,900 (1,730) Power rear sunshade 575 (525) Split fold-down-rear 475 (430) HD Radio 0 (0) Destination 825 (825) Total MSRP 60,675 (55,830) In parentheses are the dealer invoice price for each of the options. I’m shooting to negotiate the price of the car to 2% over invoice $56,946.60. It is my understanding that currently for 36 mth for 15k miles/year, the residual is 58% and the base rate is .00165. So for this vehicle, at 2% over invoice, with no money down, I am coming up with a monthly payment of $812.84 before tax. Here are the questions I’m hoping to have answered: 1)Can anyone that works for a dealership confirm that my invoicing pricing is correct? 2)Does my lease monthly payment calculation seem correct? Are my residual and MF correct? 3)From a dealers perspective, does 2% over dealer invoice sound outrageous? Should I be able to find a dealer willing to work with me at that price? 4)I’m in Michigan, but am willing to travel to IL, IN or OH to work with a dealer. Anyone know of a dealer in any of those states that would be willing to deal with what I have outlined? 5)I’m not sure how many miles will be driven. I pretty confident it will be between 12-15k. What makes more financial sense, leasing the car with 15k miles or going with 12k miles and paying for more miles during the term of the lease if needed? If anyone knows the price on purchasing additional miles, that would be helpful. 6)BMWFS is currently offering $589.00 for 36 months based on MSRP of $54,975.00 (incl. Premium & Value Package only) $589 First months payment $3,700 Down payment $600 Security Deposit $725 Acquisition fee $5,614 Cash due at signing Does anyone know all the numbers involved in this lease offer? When I try to calculate the formula they use, I am getting $638.10. Could you add options to this deal or does the vehicle have to stay as is? Thanks in advance for everyone’s input and assistance.
Re: PLEASE HELP CARMAN _ END OF MONTH LEASE - NEED TO KNOW TO MAKE DEAL by 31st [dpeck1]
by jayrider on Sun Aug 30 09:13:40 PDT 2009
Don't know about the lease but bmw dealer in springfield, il is advertising new x5's for 49k -- 10k off msrp. Try them for a lease.
Re: 2008 BMW 328xi [kyfdx]
by dhanley on Wed Aug 05 15:37:13 PDT 2009
Yes, the extended maintenance is what i meant. :) I do remember it being much cheaper just a few years ago. Then, it seemed like a screaming deal. Now, it might be something to pass on if i've just had inspection 2 and brakes done.... I'll just see how it goes. I did purchase the wheel/tire insurance as well as 4 years of paintless dent repair. Based on my record with the e36, i am a ding magnet, and the doors of the e90 can only exacerbate that. If someone offered me $4000 for my 328i i'd take it in a second. :) But it's got 153K miles, ratty/torn seats, ~20 door dings, several rust spots, and someone keyed it recently.
Re: 2008 BMW 328xi [kyfdx]
by dhanley on Mon Aug 03 10:47:45 PDT 2009
Thanks. It has 33K miles on it, a bit high, but not too bad. I was only offered $500 as a trade-in on my '97 328i so i just kept it. I can use it a little so as to keep miles off the new car and maximize my cpo warranty/pre-paid service. The "new" car is also immaculate, so i'll use the "old" one if i expect the car to get dinged up. The finance office tried to sell me to pre-paid service for $2100, is it possible to get a deal on that?
Re: 2008 BMW 328xi [smut]
by dhanley on Fri Jul 31 16:04:29 PDT 2009
I just bought 2007 BMW 335I. Crimson red with black interior. Manual trans Premium package Sports package Winter package Moonroof Phone integration Logic 7 stereo (pretty much every other option aside from idrive) Car was cpo'd went into service march 2007, so still have almost 2 years of service and CPO warranty runs until march 2013. Paid 29,200 and got 3.9% for 60 months. I think this was a pretty good deal.. I got the impression they were having a hard time selling the car due to it being loaded manual trans. However, that was exactly what i wanted. ;) Payment with taxes and fees rolled in was $565/mo, $1500 down..
Re: price of 2007 Certified 335i [peterisme]
by peterisme on Sat Jul 25 20:24:03 PDT 2009
test drove the car today. It is good. However, the dealer is mean, they insist their offer price $29.9K;and only want to give my trade in (2005 Prius 50K) $8500. Also they added $350 document fee! Kind of crazy. They don't sound like to want to sell the car. Maybe they keep the car priced like that to attract people into their dealership. The car has premium and cold package

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