Minnesota BMW Car Dealers

If you are in the market for a new BMW car or truck, your search should begin at Edmunds.com. Our expansive network of Minnesota BMW car dealerships gives car buyers the ability to start shopping for their new or used vehicle from the convenience of their desktop. Once you locate BMW car dealers in Minnesota, you can compare online price quotes to find the lowest possible rate. Whether you are interested in a car, truck, SUV, wagon, or minivan, the comprehensive listing of Minnesota BMW car dealerships at Edmunds.com is a great place to start.

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MN BMW Car Consumer Discussions

Re: BMWFS leases [kyfdx]: by rbr on Thu Sep 10 04:37:13 PDT 2009; Thanks. Is there any dealer program/accomodation for demo units to reduce the invoice price? It makes sense that the residual goes down, especially with this type of mileage, but does BMW help the dealer on the demos?

Re: 2010 535ix Lease Research [logic_3]: by rbr on Wed Sep 09 20:44:44 PDT 2009; Logic 3 -- You may be right about making it up on the back end. I have never heard of a residual value being lowered due to the lessee's status, but that may have to do with the fact that the car is a loaner with 7000 miles. I have no idea how to price this car ... has the car been titled? If it is being sold as "new" and untitled, I dont know why the normal lease rates/MFs wouldn't apply, especially if the lease is being guaranteed by a credit-worthy party. That being said, it sounds like a pretty good deal, but if that's their offer, I'd counter at least a couple thousand less on the theory that its not a new car. There's nothing wrong with countering their inital offer. Also, weren't you going for 15K/year? I'd also ask to see the service records, a Carfax report, and get the dealer on the the record as to whether there has been any damage to the car. This is getting to be a specialized enough situation where you may want to try posting on the Bimmerfest.com forum. I suspect you'll get some good opinions there as well even if its your first post.

Re: 2010 535ix Lease Research [logic_3]: by rbr on Wed Sep 09 08:52:43 PDT 2009; Logic 3 -- I recently acquired a '09 535xi that specs out very similar to yours down to color (mine has the grey interior/dark poplar combination). These are fabulous cars. Let me see if I can help a little. First, it sounds like you are putting in a lot of "quality time" figuring out the numbers, and that's all time well spent. Knowledge is power. 1. Most important, as to pricing, my suggestion would be to start at no more than $500 over actual invoice in your negotiations. The figures on Edmunds are pretty accurate, but you can cross reference them against the Kelly Blue book site if you are concerned. Alternately, you can tell the salesperson that you would like to see the invoice. They should be willing to show it to you. Your ultimate objective is very reasonable, and you will not be laughed at starting at $500 over invoice. These cars are still not flying off the showfloor. If the salesperson says you are crazy at that price or they have a policy not to show the invoice, thank them for their time and tell them to let you know if their opinion changes. Patience is a virtue in this situation, and there are plenty of cars around to choose from, and you won't have to travel all over the place to get that deal. I live in Minnesota, but I got mine in Sioux Falls, South Dakota as it was one of the last '09s left. 2. As to miles/year, I have the same dilemma as you ... I drive 12-15,000 every year, but I would prefer to be conservative and get those miles up front rather than paying for them later. Bear in mind that BMW FS does appear to allow you to buy more miles after initiating your lease for about .15/mile. In fact, if you set up your internet account, it will be listed as an option ... you just tell them how many you want, and they will give you an option to buy them or include them in your lease payment (some have said that this option isn't availble as you get toward the end of the lease). Personally, I would get them upfront rather than needing to buy a lot of miles later. Lease swapping sites are full of idiots trying to unload cars where they rans the miles up. Obviously, the most scientific way to do this would be to compare the cost to buying the miles as part of the inital lease versus buying them later. 3. The BMW offer isn't that great because of the large cap cost reduction required (never a good idea), low mileage cap (10,000) and, as you mentioned, the car isn't as well equipped as the one you are looking at. 4. Two other sites that might be helpful ... one is leasecompare, which will certainly be helpful on the leasing numbers and has a geat lease calculator that can be downloaded. Also, I have seen a lot of great advice on one of the BMW enthusiasts forums - bimmerfest.com, both as to the car and, in their "ask-a-dealer" forum. good luck and best wishes.

Re: is this a good deal? this is my first lease. [waid10]: by rbr on Mon Aug 31 14:35:05 PDT 2009; A 2010 535i 36mo/12K appears to have a MF of .00155 for August, so you are paying .00020 more than the official rate, which calculates to a half percent more in interest rate that the dealer is pocketing. That is not insignificant as it translates (I think) to about $650 more in interest/rent charges over the life of the lease. Maybe carman can confirm the numbers. September is not out yet. As to the deposit, I'm not as certain,a lthough I beleive BMW has a program to reduce the MF even further by paying a lease deposit. In this case, they may be using the deposit to reduce the money factor evenfurther and increase their profit. I am getting the lease rates from a very popular BMW driver message board site called "bimmerfest.com" on the "Ask a dealer" board and the lease rates are posted by none other than Tarry Shebesta who is well known around here.

Re: Lease quotes [jeffal]: by rbr on Mon Aug 31 07:03:25 PDT 2009; The current 5-series doesn't have "Terrible crash trests results," no matter who the rating agency is. One or two of the tests are not perfect, but "terrible," with all due respect, certainly doesn' apply here. As to the lease quotes you are getting, I was being quoted in that range (mb slightly higher) for a 2010 535xi with 15K/year 3yrs through BMW finance. The MF should be .00145 and RV should be 58% on a 528i with 15K/ year through 8/31.

Re: Questions from a lease newbie - 535i [waid10]: by rbr on Fri Aug 28 20:27:28 PDT 2009; Waid -- A "dealer package" may be some sort of minor dealer installed things or prep things ... just ask them for that and then probably say no thanks. The $475 processing fee is ridiculous unless it has something to do with a lease inception fee. For instance (and although I know I could have fought it), my dealer has a $99 processing fee. Processing fees or whatever are just added profit for the dealer. The money factor is definitely higher than the official BMW rate which I think you have stated correctly. You should negotiate a price based on invoice which you can figure out on the Edmunds site. My most basic advice is to not sit back and just try to justify their price. Make him an offer that is maybe $1000 or less over the invoice price and make that your cap cost on the lease, and state that you want the official lease rate of .00155 (.00165 for an X-drive), and dont be shy or defensive doing it. Also, you may want to get a quote at both 15,000 and 12,000 miles. The deals on the 2010s will likely only get better as we get closer to the new design which I guess is estimated to arrive mid year 2010.

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