This is my first BMW. I currently have a Saab.
I am getting a 2006 525i with Sports Package, Black Leather Seats, Black Saphire Metalic Paint and Automatic. It is for 12K a year for 24 months. The MRSP on the car is 47920.
I will be paying 558 a month plus 6% tax which will bring the payment to 594. No money down or any additonal fees. Just the first month as above plus $200 for tags.
Is this a good deal? Does anyone think they can go lower than this? This this a car that will be delivered here in the US. I cannot take European Delivery.
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| Reply » 5 series Lease deal: Can anyone give me some insight? |
What's the sales price you're paying? How much over factory invoice is it (the factory invoice pricing is on this board--do a search)?
Here's a lease calculator spreadsheet that calculates the lease payment exactly the same as the BMWFS system:
lease calculator
Here's a thread with the BMWFS lease rates & resuduals:
http://www.bimmerfest.com/forums/sho...d.php?t=122408
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| Reply » 5 series Lease deal: Can anyone give me some insight? |
Thanks for the links they came in handy, but I still want to see if anyone is getting lower payments on the car in the real world. Basicaly I am paying only $558 plus tax a month and $200 for tags(No money down or any fees).
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| Reply » 5 series Lease deal: Can anyone give me some insight? |
I'm doing ED, 10K/year, 24 month lease. License, Acquisition, Title up front, nothing else up front. 530i, PP, SP, Logic7, Rear Blinds, SMG. MSRP 55,470. $423.65 per month + tax, 5 Multiple Security Deposits.
Total amount (including all fees) $11,142.59 for 2 years + tax, title and license. PM me for details.
I'd shoot for $1,000 over invoice and the buy rate for the leasing.
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| Reply » 5 series Lease deal: Can anyone give me some insight? |
hi im doing a euro delivery need to pay for the car in the next two weeks i bought a 550 for $57,365 and the msrp on it is around $66,000. Not sure if i should buy the car or lease it. if i lease it what would be the best approach. i usually sell my cars every couple of years so the lease might be a good way to go.
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| Reply » 5 series Lease deal: Can anyone give me some insight? |
In my case I prefer leasing since I can use it as a tax deduction. If you can do that too you will save 1/4-1/3 of the lease price.
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5 series Lease deal: Can anyone give me some insight?