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2010 2011 BMW 5 Series Forum F10 BMW 5-Series (F10) Forums F10 Pricing, Ordering, and Tracking (and European Delivery) 2011 535i Lease
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      07-07-2010, 12:24 PM   #23
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Quote:
Originally Posted by eatrach73 View Post
wow. that is fully loaded. However, 769 seems high. What is MF and residual?
I'm not really sure, but I assumed it was a good deal since BMW wants $649 a month for a base 335i with a few $k in down payments. I'm not really sure
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      07-07-2010, 12:27 PM   #24
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Quote:
Originally Posted by Lezam View Post
I'm not really sure, but I assumed it was a good deal since BMW wants $649 a month for a base 335i with a few $k in down payments. I'm not really sure
how much down with that deal for the 535?
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      07-07-2010, 12:38 PM   #25
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Originally Posted by phattbam View Post
how much down with that deal for the 535?
Zero down, that's why the deal sounds so good
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      07-07-2010, 12:44 PM   #26
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Originally Posted by Lezam View Post
Zero down, that's why the deal sounds so good
dont hesitate, i'd take that to another dealer and try to get a better deal if not come back and pick out your colors
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      07-09-2010, 04:30 PM   #27
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Just order a 535i and want to do 3-year lease. Can anyone recommend a good leasing company?

Thanks,
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      08-13-2010, 08:34 AM   #28
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Does any one have the latest 2011 5 series Confidential Wholesale Price with the xdrive and m-sport package info. Thanks in advance

BN
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      08-14-2010, 08:53 PM   #29
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I went in for a test drive on the 535i.
I was offered 812.00 a month with zero down (only first month, acquisition fee, registration etc) without any bargaining from my side.

I would love to get it into the mid 700's like you did but I don't think it will be possible as that's quite a difference.

Even if I get the car at 4% margin over invoice My payments would be in the 790.xx without tax.

The MF I was offered was .0025 but I believe the base rate is currently .0023.
Perhaps I should work on getting that down.
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      08-29-2010, 07:22 PM   #30
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Quote:
Originally Posted by eatrach73 View Post
wow. that is fully loaded. However, 769 seems high. What is MF and residual?
Fully loaded 535i MSRP is closer to $70K, however considering the deal car had MSRP around $60K.
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      09-13-2010, 03:03 PM   #31
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Hey guys, i am in process now of looking into the new 5 series. I want the 535xi with M package and nav. I am going to the dealership after work today to test drive one. I can update you guys when i get back.

BTW, are you guys getting 6MT's or AT's? I was considering the 3 series in 6mt for sure but since the new model is coming out.. i dont want to have an old model. Thats why i know i want the 5 since its new.
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      09-24-2010, 11:50 PM   #32
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Quote:
Originally Posted by jdmfrogg View Post
Waiting to wrap up an ED lease of a 2011 535.
1K over ED invoice + max MSD + $1500 X3 loyalty cash on a 3 yr 12k/yr lease gets me in the low $600 monthly range.

Happy shopping!
Hi Jmfrogg,

Congratulations on a new car! I am considering European delivery for a 528i. Is it possible to give me ED invoices so I can negotiate with dealers? Also, I am new here so unable to send a pm. my email is- bassfreakvishal@yahoo.com Thank you. V
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      09-25-2010, 03:57 AM   #33
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Quote:
Originally Posted by jdmfrogg View Post
Waiting to wrap up an ED lease of a 2011 535.
1K over ED invoice + max MSD + $1500 X3 loyalty cash on a 3 yr 12k/yr lease gets me in the low $600 monthly range.

Happy shopping!
How did you get 49000 ish for those options? The 1k over Ed invoice is about 52k. Monthly in low 600 is impossible unless you got below invoice and below buy rate. Please share how you did this!
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      09-27-2010, 08:33 AM   #34
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Originally Posted by Forged_G View Post
BTW, are you guys getting 6MT's or AT's?
I'm the only one (it seems) getting a manual tranny. It's one of the reasons I prefer BMW over just about anything else: the availability of the manual.
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      09-28-2010, 12:55 AM   #35
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Hi guys...

Scott - you get my PM?

BFV - I'll PM you in a sec

Wenw80 - I'm from Fremont, CA - didn't get any good results in the bay so had to go through a SO cal dealer... http://www.philippek.com

I'll do my best to try to explain how I worked this deal... but you gotta read up on how lease's work else this will look like jibberish to you


Here is how I negotiated the price:

Description Code Invoice MSRP
Base price --- $42,440 $49,600
Destination charge $875 $875

Metallic paint A90 $500 $550
Cinnamon Brown $0 $0
Premium Package $1,640 $1,800
Rear-view camera $365 $400
Fold-down seat $430 $475
Park Distance $685 $750
Navigation system $1,730 $1,900
option total $5,350 $5,875
subtotal $48,665 $56,350
add 1k over $49,665
- $1500 X3 cb $48,165 (I was returning a x3 lease, this is loyalty cash)
final negotiated price = $48,165


Here is how I negotiated the actual lease deal:
36 Month w 12k per year – Residual 60% of MSRP – .00230 Base Rate
put down 7 security deposits to lower rate by 0.00049
.00230 - .00049 = 0.00181
add ED markup of 0.0003
.00181 + .0003 = 0.00211
.00211 is the final money factor you will use to make your calculations

Find a lease calculator online and plug in your numbers

MSRP = $56350
Negotiated price = $48665
Inception fees = $770
Sales tax 9.75%
Residual = $33810
monthly payment = $627


The key points are:
#1 use multiple security deposits... it is a great way to get the rate down without "losing" the money since you get the deposits back

#2 if you do ED your monthly payments WILL BE LOWER. The lease is calculated based off of the lower ED invoice (european invoice is always lower than US invoice) against the US MSRP.
If you try to do this deal based off of US invoice, the same exact setup would fetch a payment around $700.... ED is saving me approx $75 a month in payment.

check the b'fest ask a dealer forum for really good lease info...


hope this sheds some light on the process folks... the 5 is on the boat and I'm waiting redelivery!
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      09-28-2010, 02:37 AM   #36
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Thanks for the info, those numbers make a lot more sense now, I missed a few packages such as sport and pr 2 that was a 4k diff between urs and mine. Thus the diff, thanks for the explaination. Is the loyalty cash just for the x3s?
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      09-28-2010, 03:01 AM   #37
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Quote:
Originally Posted by jdmfrogg View Post
Hi guys...

Scott - you get my PM?

BFV - I'll PM you in a sec

Wenw80 - I'm from Fremont, CA - didn't get any good results in the bay so had to go through a SO cal dealer... http://www.philippek.com

I'll do my best to try to explain how I worked this deal... but you gotta read up on how lease's work else this will look like jibberish to you


Here is how I negotiated the price:

Description Code Invoice MSRP
Base price --- $42,440 $49,600
Destination charge $875 $875

Metallic paint A90 $500 $550
Cinnamon Brown $0 $0
Premium Package $1,640 $1,800
Rear-view camera $365 $400
Fold-down seat $430 $475
Park Distance $685 $750
Navigation system $1,730 $1,900
option total $5,350 $5,875
subtotal $48,665 $56,350
add 1k over $49,665
- $1500 X3 cb $48,165 (I was returning a x3 lease, this is loyalty cash)
final negotiated price = $48,165


Here is how I negotiated the actual lease deal:
36 Month w 12k per year – Residual 60% of MSRP – .00230 Base Rate
put down 7 security deposits to lower rate by 0.00049
.00230 - .00049 = 0.00181
add ED markup of 0.0003
.00181 + .0003 = 0.00211
.00211 is the final money factor you will use to make your calculations

Find a lease calculator online and plug in your numbers

MSRP = $56350
Negotiated price = $48665
Inception fees = $770
Sales tax 9.75%
Residual = $33810
monthly payment = $627


The key points are:
#1 use multiple security deposits... it is a great way to get the rate down without "losing" the money since you get the deposits back

#2 if you do ED your monthly payments WILL BE LOWER. The lease is calculated based off of the lower ED invoice (european invoice is always lower than US invoice) against the US MSRP.
If you try to do this deal based off of US invoice, the same exact setup would fetch a payment around $700.... ED is saving me approx $75 a month in payment.

check the b'fest ask a dealer forum for really good lease info...


hope this sheds some light on the process folks... the 5 is on the boat and I'm waiting redelivery!
that was realy helpful! ur totally right! thanks for the detailed information.

the best deal i have got so far is

premium package
sports package
navigation
ipod

with 6000 down 36 months lease and 12k miles per year
monthly payments= 637 before tax

the price the dealer offered was 500 over US invoice.
how long did u have to wait for ED jdmfrog?

if i take ED just like u said i should be at around low 600s monthly.
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      09-28-2010, 01:35 PM   #38
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wenw80, yeah the $1500 loyalty cash was a X3 only thing for folks coming off of a X3 lease in Aug and Sept. You never know what is out there, so hit up your CA or call BMWFS to see if they have any loyalty programs going on that are not being widely advertised.

78mao, if you did ED, it will all depend as to when you wanted to pick up the car. Lets say you wanted to do a November 1st pickup... if the Welt has an open time slot on that date... you would reserve that date and then the factory would build the car just in time for your arrival.

I flew to munich the first week of sept to take initial delivery. I dropped off in Munich as well and had the car on the cargo ship by 9/24. It is scheduled to be in So Cal around mid october... but will be pending how fast customs clears the ship.
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      09-29-2010, 12:14 AM   #39
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Wow that's really fast! Out of curiosity which drop off location did you choose? Munich?
Also, any good hotels you'd recommend that's reasonable in price and easy to get to from the airport?
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      09-29-2010, 01:16 AM   #40
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yup, dropped off in munich.
i brought the wife, so we paid a little extra to stay at a 4 star place.
We stated at Le Meridien munich based on the good Tripadvisor reviews. Was very nice with large rooms @ around 132.30 euros a night. if that is too pricey, check tripadvisor... good resource to get pricing and see real pics of the rooms. It was right outside of the main Munich train station, so 12 euros to get there from the airport (2 min walk) and a 10 min train ride to the Welt. I'm super picky with parking, so also liked it because it had underground secure parking (20 euros per day) with very large spaces so you can angle the car in to avoid any door dings.
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      09-30-2010, 06:11 AM   #41
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Quote:
Originally Posted by jdmfrogg View Post
i brought the wife, so we paid a little extra to stay at a 4 star place.
I still have not pulled the trigger on ED. For this car (on its way) I looked into briefly, and it looked like I'd save around $3500 on the car, which would only just cover the plane tickets. All the food, gas, hotels etc. would be more, and with the dollar in the toilet against the Euro (and everything else) it was just more than I could handle. I'm still staggering from the sticker shock of the car itself.

jdm, you got a heck of a deal, congrats! I'm jealous! Two questions, if you please:

1) How much did you spend in total for the ED trip?
2) My understanding of the security deposit (I'm also considering the buy-down option) is that you will still get it back even if the car is wrecked and a total loss, or stolen. You only run a risk of losing the deposit if you turn in the car all trashed. True?

Thanks!
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      10-07-2010, 12:23 AM   #42
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Airfare for 3 from SFO to London (3 day stay) to Munich (3 day stay) to SFO - $3200
4 star hotel stays (5 nights) - $750
food/restaurant/souvenirs - $600
livin it up in the Welt premium lounge, experiencing the "delivery" presentation, driving the bavarian country sides and das autobahn - priceless



Yup - your car insurance will cover the car, you'll get the deposit back.

Go for it E92, you will never forget the experience!
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      10-07-2010, 07:20 AM   #43
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Go for it E92, you will never forget the experience!
Hey, thanks jdm! The hotels weren't nearly as expensive as I had feared. Sounds like you had a great time. And since BMW suspends the lease payments while the car is in transit, it's really painless, financially. I wish I had been able to do it - but I can plan better next time and start saving now.
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