Oregon BMW Car Dealers

Hi Carman, My local dealership in Northern California gave me the following numbers for a 12000 mile 36 month lease: MSRP: 70625 Selling Price: 66590 (they say this is 1000 over invoice) Money factor to me: .00185 (Buy rate MP + 20 basis points that is their markup - 30 basis points loyalty discount as I currently lease a 5 series from BMWFS). The dealership said that I can get a 1000 finance credit but the 30 basis point discount will be better for me. Is this correct? Monthly payment with sales tax of 8.25%: 898 with 2500 cash due at signing OR 791 with 6000 cash due at signing OR 730 with 8000 cash due at signing. Is this a good deal? Should I negotiate more anywhere? How? Where? Please guide me. Thanks!!

Hi Carman, My local dealership in Northern California gave me the following numbers for a 12000 mile 36 month lease: MSRP: 70625 Selling Price: 66590 (they say this is 1000 over invoice) Money factor to me: .00185 (Buy rate MP + 20 basis points that is their markup - 30 basis points loyalty discount as I currently lease a 5 series from BMWFS). The dealership said that I can get a 1000 finance credit but the 30 basis point discount will be better for me. Is this correct? Monthly payment with sales tax of 8.25%: 898 with 2500 cash due at signing OR 791 with 6000 cash due at signing OR 730 with 8000 cash due at signing. Is this a good deal? Should I negotiate more anywhere? How? Where? Please guide me. Thanks!!

Instead of putting money as downpayment (you will lose the money if your car totaled), I would put money for security deposit to buy down the money factor. You will get your money back at the end of the lease. This is what I got for car with MSRP $48250 528i. 10K 36 months lease $1,900 = Drive Off (including license, fee and first month payment) $4,200 = Security Deposit ($600 x 7)--will be returned by BMW at the end of the lease -------- $6,100 = Cash Due at Signing $564.88 = Monthly Payment including Los Angeles County Sales Tax (8.75%) x 35 OR $1,900 = Cash Due at Signing (Not buying down MF) $603.96 = Monthly Payment including Los Angeles County Sales Tax (8.75%) x 35

First of all, thank you to everyone who have commented in this X5 forum. All the information and advice have been so valuable!! I hope to be a first-time BMW owner soon. Here are the specs on the brand-new 2011 X5d (MSRP=$66525): Alpine white exterior w/ black Nevada leather interior Sport Activity Pkg Premium Pkg Premium Sound Pkg Rear Climate Pkg Technology Pkg Comfort Access Keyless Entry Matte Black Roof Rails Dark Bamboo Interior Wood Trim 3-Stage Heated Front Seats We have negotiated the price down to $56700 (includes ECO credit, navigation credit, negotiations, etc.), which is around $5K under invoice and $10K under MSRP. I feel that it's a great price. ANY COMMENTS, THOUGHTS OR RECOMMENDATIONS???

OR Is it a good price?