Lease deals
#17
I'm aware of MSDs and even one-pays with some leasing companies. Not interested, but thanks - a lot of folks, including finance managers at dealers don't have a clue about them.
#18
Sorry, but no way can you lease a 535 for under 700 - not even close. Admittedly, you are talking 12,000 miles a year, not 15,000. But I promise you can't get there. I've got all the numbers to figure a 535 lease if you need facts.
BTW, a lot of people forget that different states have different ways of taxing leases. But even with zero taxes you'd be lucky to lease a 535 for under 900 a month. I don't have time right now, but I"ll run some numbers later if I get a chance.
OKAY, I just ran the numbers on a typically equiped 535 (list price around 60,000). Without going into all the details, if you COULD buy the car for $500 over invoice (and with the $2500 incentive right now), and if you COULD get the base money factor (hard to do, but not impossible), in Texas that car would lease for around $850 a month. Admittedly less than I guessed above, but it's also based upon a deal that may not even be realistic - and still a long way from under $700. BTW, I did base it on 15,000 a year as that is their standard lease. I know they have a lower mileage lease but I don't have the residuals for that.
BTW, a lot of people forget that different states have different ways of taxing leases. But even with zero taxes you'd be lucky to lease a 535 for under 900 a month. I don't have time right now, but I"ll run some numbers later if I get a chance.
OKAY, I just ran the numbers on a typically equiped 535 (list price around 60,000). Without going into all the details, if you COULD buy the car for $500 over invoice (and with the $2500 incentive right now), and if you COULD get the base money factor (hard to do, but not impossible), in Texas that car would lease for around $850 a month. Admittedly less than I guessed above, but it's also based upon a deal that may not even be realistic - and still a long way from under $700. BTW, I did base it on 15,000 a year as that is their standard lease. I know they have a lower mileage lease but I don't have the residuals for that.
Still, I can get a 36 months / 12K miles lease on a $60K MSRP 535i for $750. AND I would not have to pay a penny for service during these three years.
#19
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iTrader: (4)
I don't know about the $2,500 incentive, but I can easily get $500 over invoice on a 535i. Getting the buy MF rate is also easy. Furthermore, I can also put down multiple refundable security deposits to drive interest rate lower. Unfortunately the base buy MF went up a lot over the last couple months since I last looked at 5-series lease -- it's at 5.76% now compared to sub-4% earlier.
Still, I can get a 36 months / 12K miles lease on a $60K MSRP 535i for $750. AND I would not have to pay a penny for service during these three years.
Still, I can get a 36 months / 12K miles lease on a $60K MSRP 535i for $750. AND I would not have to pay a penny for service during these three years.
the 2500 on bmw is on until 1/4 as one of their finance promotion
#20
Are you speaking theoretically, or have you actually been offered this by a dealer? And is there any sales tax in that payment? I don't mean to sound skeptical, but I don't see it happening. But more power to you if you can.
Last edited by jjscsix; 12-12-09 at 04:51 AM.
#21
Lexus Fanatic
#22
If there's a $2,500 lease incentive now on the 535i, that's another $80-90 off on monthly payments roughly.
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