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2010 2011 BMW 5 Series Forum F10 BMW 5-Series (F10) Forums General 5-Series Sedan and Wagon (F10 / F11) Forum 2014 550i M-sport lease
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      09-02-2014, 11:51 AM   #1
335isdriver
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2014 550i M-sport lease

Guys,

Wanted to share a deal that I recently received:

2014 550i LCI w/ M sport, Exec pkg, Lighting pkg, heated seats, etc
MSRP $75,975
Selling price: $63,875 (includes un4gettable voucher, around 6,500 under invoice)
Residual: 62% (10k miles/yr)
MF: 0.00081 w/ 7 MSD
Acq fee: $925
Monthly: $582 before tax

There's no downpayment other than the MSDs; I've gotten the same deal on 535i which bring the monthly to ~$420-460 before tax depending on config. These look to be quite a bit lower than what people have been posting for lease takeovers in the for-sale threads so I thought I'd share.
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      09-02-2014, 12:29 PM   #2
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What a deal! Congrats!
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      09-02-2014, 01:08 PM   #3
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Damn, that is one hell of a deal.
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      09-02-2014, 01:09 PM   #4
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wow how the hell did you pull that off?!
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      09-02-2014, 03:59 PM   #5
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Holy fuck balls!! Id get another one and just leave it in my driveway if i found a deal this good!
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      09-02-2014, 04:22 PM   #6
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Which dealership is this? I'll bite if I can get the same offer.
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      09-02-2014, 04:57 PM   #7
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On the 535i, I've gotten the deal from many dealerships in SoCal so there must be a big BMW manufacturer incentive going on to help move '14 models. On the 550i, none of the dealerships would do more than 4500 under invoice except one as there's less incentive I believe on the car. There was 1000+ 535i's sitting in inventory across the various dealerships (a week ago) in SoCal which is taking up dealers' working capital as '15 models start to arrive. So if you want one, now's a good time to go make a deal.
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      09-03-2014, 09:33 AM   #8
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Smile

i also got similar deal .. i am in Nor Cal

2014 550i w/ M sport, Exec pkg, Lighting pkg, heated seats, Parking assistant
space grey with black interior
MSRP $75,075
Selling price: $63,475
Residual: 62% (10k miles/yr)
MF: 0.00071
Monthly: $630 with tax
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      09-03-2014, 10:02 AM   #9
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Just checked USAA and saw a pretty good deal. It's not a lease but it's pretty hard to pass up if you're in the market.

2014 active hybrid 5
$47,840

that's $14.5k off MSRP.

Additional discounts like Recent College grad or BMWCCA can add to that too.

I normally prefer deep discount buy rather than lease since driving only 10k miles a year is kind of rare.
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      09-03-2014, 11:51 AM   #10
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Quote:
Originally Posted by akki550i View Post
i also got similar deal .. i am in Nor Cal

2014 550i w/ M sport, Exec pkg, Lighting pkg, heated seats, Parking assistant
space grey with black interior
MSRP $75,075
Selling price: $63,475
Residual: 62% (10k miles/yr)
MF: 0.00071
Monthly: $630 with tax
We are almost identical; mine is 628 after tax I have black on black with heated seats as well along with black grills and upgrade pedals but not parking assistant.

There's only a $65/mo difference between 10k and 15k miles so there's that option too.
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      09-03-2014, 02:49 PM   #11
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Damn - $6500 below invoice is what makes that work. 62% residual doesn't hurt.

Fantastic deal.
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      09-05-2014, 11:13 PM   #12
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Fuck,,, I could lease 2 550i's at that price and be close to what I'm paying to buy 1!!!!
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      09-06-2014, 10:08 AM   #13
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That's a great deal - you obviously get the best deal when you're buying last year's inventory as new model years are arriving. If you're very particular about your options, though, you may need to compromise. For instance, finding dealer stock with DHP is slim pickings - a feature that I think makes the 550 a different car, altogether, to drive. I'd do it if you can find exactly what you want... otherwise, I'd just order a 2015.
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      09-07-2014, 01:27 PM   #14
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Update: I'm in So Ca and was close to getting a 2014 550i M Sport for $7K under sticker 61% residual but couldn't get the final price I wanted because the inventory available right now is very slim right now so I went with a 2014 535i Diesel M Sport FULLY Loaded ($68K for $57K) at $11K under stick with 60% residual. I loved the 550i but I drive a lot and wanted the milage but I still get the KILLER Torque!
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      09-20-2014, 12:53 PM   #15
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Saw this thread and tried my luck with a 2014 535 m sport. turns out it was a demo car with 5k miles. they were asking 57k on a 66k msrp. got quoted over 800/ mo (12/36 lease) for what is essentially a used car. wtf.
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      09-20-2014, 01:10 PM   #16
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Quote:
Originally Posted by mundo74 View Post
Saw this thread and tried my luck with a 2014 535 m sport. turns out it was a demo car with 5k miles. they were asking 57k on a 66k msrp. got quoted over 800/ mo (12/36 lease) for what is essentially a used car. wtf.
No idea. They may be using a lower residual since it's a demo, and are probably marking up the money factor. Even with a 61% residual and a .00145 money factor, Leasematic says $672 including what tax would be in Colorado.

You need to ask for the complete terms of that quote - you have MSRP and selling price, you need total capitalized cost (to see what fees they might be adding back in), money factor, residual, and how they are treating any incentives you may qualify for.

I agree, seems high.
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      09-20-2014, 01:50 PM   #17
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Quote:
Originally Posted by WillInDenver View Post
No idea. They may be using a lower residual since it's a demo, and are probably marking up the money factor. Even with a 61% residual and a .00145 money factor, Leasematic says $672 including what tax would be in Colorado.

You need to ask for the complete terms of that quote - you have MSRP and selling price, you need total capitalized cost (to see what fees they might be adding back in), money factor, residual, and how they are treating any incentives you may qualify for.

I agree, seems high.
Lol. I did just that. And got it a bit lower in the 700/mo range

Mrsp 66200
Selling price incl fees 59500
Mf .00130
Residual 60%

720/ mo. For a used car. Still too high. I offered the same terms but with a selling price of 52000 to get a 500/ mo payment. This includes the $1500 BMW cash which they did not seem to offer. Not sure how the op got quotes that low.
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      09-22-2014, 01:46 PM   #18
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Quote:
Originally Posted by mundo74 View Post
Lol. I did just that. And got it a bit lower in the 700/mo range

Mrsp 66200
Selling price incl fees 59500
Mf .00130
Residual 60%

720/ mo. For a used car. Still too high. I offered the same terms but with a selling price of 52000 to get a 500/ mo payment. This includes the $1500 BMW cash which they did not seem to offer. Not sure how the op got quotes that low.
There was some luck involved. Inventory for 550i is more limited vs 535i and the manufacturer incentives aren't the same (higher for 535i). I was able to replicate the $6,500 under invoice after Un4gettable discount at almost every dealership that I spoke with for 535i, but not the 550i. What I did was negotiate a deal on a 535i and while I was buying the 535i, asked to swap it for the 550i and pushed for the same deal or I walk to another dealership to get a 535i with the options that I wanted. Ultimately at every dealership, the only person that can approve these deals at these discounts is the owner. Forget the internet managers as they are useless (most won't even go under invoice), and the in-store sales CA can't hit the heavily discounted price without authorization from the owner. You likely need to be present in person, ready to buy same day, for the CA to go and speak to the owner for approval.
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      09-22-2014, 02:36 PM   #19
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I think this is a case where all the stars line up and the deal is done at a loss for the dealer because it must get rid of the last of prev MY cars. It's an amazing deal which I would confidently predict that <1% of all 5 series lessees would be able to obtain.

Congrats and enjoy the car for either 3 years, or you can probably easily transfer if you get tired of it sooner.

Overall, I think anything <800/m for a 550i is a great deal.

Last edited by zer0cool; 09-22-2014 at 02:43 PM..
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      09-22-2014, 06:48 PM   #20
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Quote:
Originally Posted by 335isdriver View Post
There was some luck involved. Inventory for 550i is more limited vs 535i and the manufacturer incentives aren't the same (higher for 535i). I was able to replicate the $6,500 under invoice after Un4gettable discount at almost every dealership that I spoke with for 535i, but not the 550i. What I did was negotiate a deal on a 535i and while I was buying the 535i, asked to swap it for the 550i and pushed for the same deal or I walk to another dealership to get a 535i with the options that I wanted. Ultimately at every dealership, the only person that can approve these deals at these discounts is the owner. Forget the internet managers as they are useless (most won't even go under invoice), and the in-store sales CA can't hit the heavily discounted price without authorization from the owner. You likely need to be present in person, ready to buy same day, for the CA to go and speak to the owner for approval.
Good insight. Thanks.
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      09-25-2014, 11:10 PM   #21
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awesome deal
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      09-27-2014, 12:57 PM   #22
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It seems the dealers have a rule to never lease a 535 less than $700 per month. even when the lease calculator states it should be in the $500s. I don't get it the math on their lease worksheet never adds up or always adds up to more than $700. this has been the case with 3 different cars at 3 dealerships.

Although I was trying to avoid it this time around I rather spend the extra $$ for another ed trip. If I save
100/mo for 36 mo that is $3600 towards an ed vacation.
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