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2010 2011 BMW 5 Series Forum F10 BMW 5-Series (F10) Forums F10 Pricing, Ordering, and Tracking (and European Delivery) Question on 550i 2012 Lease
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      09-05-2012, 12:42 PM   #1
mumper
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Question on 550i 2012 Lease

I am looking at picking up a new 2012 550i. It's a pretty big transition for me since I will be giving up my 09' M3. I love my M3 but with two kids now, it's just not practical anymore. Details of my deal are below, I would love some feedback!

2012 550i (build date of 4/12)
Dark Graphite II, Dakota Black, Anthracite Trim
Convenience
Cold Weather
Driver Assistance
M Sport
Premium Sound
Sport Shift w/Paddles
BMW Apps

MSRP: $75,045
Selling Price: $65,200

Trade-In on 09' M3: $45,000

I feel like they are giving me a very fair price on my M3. It's one of the big deciding factors for me to do this deal. They pay it off and cut me a check for the remainder since I am leasing.

MF is .00145 and Residual is 54% on 10k. (only put 19k on my M3 in 3 years) I have not gotten an exact monthly quote yet but my hope was to be right around $800.

My other option is to order a new 2013 but I am not sure I can get what I want in the same price range. I hear the residuals are higher on the 2013's though so that might make a difference? The 550i on their lot is close to what I want but not exactly. If I placed an order I would not get driver assistance and I would much prefer to have Nappa leather and the rear shades for the kids. (not to mention the new iDrive)

Thoughts?
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      09-06-2012, 04:18 PM   #2
StatenEye 535i
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Confused, you are leasing the M3 but they are going to buy it out and cut you a check. Not following. According to my calculator you should be paying 975 before taxes with nothing down with that low residual. You must me making ~ 12k for the M3 trade in/deal or what ever is going on there. If you are putting down 12k i recommend you try reducing the money factor even more with 7 security deposits and no money down. Pay the taxes up front. The depreciation on the residual is like 830 a month alone. This seems like a strange deal.
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      09-06-2012, 07:34 PM   #3
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Trading in the M3 for 45k, they pay off my remaining 18k on it and cut me a check for whats left minus my drive off on the new lease. Drive off on the new lease is just the MSD's, DMV and Docs. Leaves around 20k that I get back as a check from the trade in.

Does that make sense?
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      09-06-2012, 09:48 PM   #4
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10k off from 2012 550i seemed like a decent deal. However, your 18k residual on leased '09 M3 doesn't really makes sense but why do you care. If you get back 20k out of this deal, you should take it.

Good luck on the deal!
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      09-11-2012, 09:08 PM   #5
EL MEJOR
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Quote:
Originally Posted by mumper
Trading in the M3 for 45k, they pay off my remaining 18k on it and cut me a check for whats left minus my drive off on the new lease. Drive off on the new lease is just the MSD's, DMV and Docs. Leaves around 20k that I get back as a check from the trade in.

Does that make sense?
You are getting a good deal on the selling price of vehicle at 10k off. But they are ripping you off on the money factor and residual. The residual for a sept 2012 lease on 550 with 10k miles a year is 59%. Also money factor is .00145 but since you already own a bmw you qualify for .00030 off the MF for loyalty. So that's .00115MF

So after my calculations you should be paying 708 month not including taxes and fees. Normally you'd just pay that upfront. I don't know what tax is where u live but just multiply it by 21,648.24 which would be your depreciating amount. As for fees should be
725 acquisition
320 (or so) DMV, tags
75 documentation

If u want to get the good deal you need to be firm with what you know. Dealers will weasel you into their trap by showing you an attractive price yet screw you with their made up fees and other crap you don't know.
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