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Sedans BMW 5-Series BMW 5-Series Sedans
12657 messages, Last post on Nov 05, 2009 at 6:14 PM
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Replying to: cmybimmergo (May 26, 2006 3:33 pm) |
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What should I expect to pay if I need to replace the rear shocks on my 1998 528i?
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Replying to: lavelle1 (May 30, 2006 9:35 am) It all depends on where you have the work done a which shocks you use. How do you know the rear shocks are worn out? At 130K my wife's 1997 528i needed a set of front struts, but my dealer as well as my local indie shop both said the rear ones were fine. |
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Replying to: lavelle1 (May 30, 2006 9:35 am) Beware of the cut price vendor. |
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Finally made up my mind to pull the trigger today. Called a couple dealers and the best quote I got is: 2007 525i Steptronic Premium Package Premium Sound Package Bi-Xenon Lights Navigation System MSRP: $51,870 Invoice: $48,335 36 Months lease 12K miles / year $3,000 drive off $621 including tax is the best offer I've received so far. Should I take it? If I calculate it with: 62% Residual 0.00225 Money Factor 8.5% Tax I was hoping to get the negotiate price to $47,642 ($693 below invoice) and monthly payment to $580. Is this too much to ask? Currently, I'm also leasing a 2006 Mercedes E350 (MSRP: $59,500). My monthly payment is $700 including tax. I got the car at the end of April in 2005, paid $3200 drive off. Since the 525i is almost $8000 cheaper than the Mercedes, I don't think I should pay over $600 per month. But this is my first bimmer, so I don't know...Thanks in advance for any help/inputs! 
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Replying to: bimmerfan_sf (May 31, 2006 2:24 pm) The deal without the $3000 is fine, or if the $3000 does NOT come from your bank account. This is a lease, there is NO value, only negative value in paying into the lease up front. If you total the car 15 minutes after you drive off, guess what happens? The car is completely paid for, 100%, minus your $3K. Run away, run away, unless the deal with the $3K off is a cap cost reduction NOT paid for by you.
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Replying to: markcincinnati (May 31, 2006 5:42 pm) How much should I put down then? How much do ppl normally put down or is there a minimum? Thank you 
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| Does anyone know the current residual value for 2007 525i (36-month, 10K miles/year)? Thanks in advance! | |
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Replying to: bimmerfan_sf (May 31, 2006 8:45 pm) 1. Single or multiple refundable security deposits. 2. First month's lease payment. 3. Plate fee(s). 4. "Get" (acquisition or bank) fee (usually $350.) Recent thoughts for those who want to reduce the mo pay without the risk involved in a cap cost reduction: multiple refundable security deposits. Not a universal, but, when utlilzed here is what can happen: Sec dep $600, e.g. Five sec deps $3,000. Mo pay is reduced (but not the same as a down payment.) When lease is termed out, sec dep is yours (unless you have over and above'd the car -- i.e., excessive wear and tear.) A blended way to reduce your mo pay, but on a lease where the down payment is placed at risk and is never used to build equity of any kind. If you must put $3K down for whatever reason, consider making it in the form of multiple refundable security deposits instead. I have read about up to 9 times sec deps for this purpose and the downside, of course, is the loss of the interest you might make if the money were instead placed in a savings account of some kind. At current rates, the amount you might lose even on $3K is no where near as great as the certainty of losing the entire $3K if it were in the form of a cap cost reduction. Check it out. Good luck. Keep us posted. 
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