I wanted to know how much should i expect to pay on a bmw 545i that is fully loaded with SMG, NAV, Premium PKG, cold weather....no headup display
Any ideas how much anyone is paying for there lease
I am located in NY
Taxes upfront.........lease price equals how much
Any ideas.......
thanx guys

 

To many variables involved to answer your question at this point...read on

Negotiate your price up front and then negotiate your lease terms. Terms that can (and should) be negotiated on a lease, once your purchase price has been established are: fees (some they throw at you are legit and some typically are not) and most important the money factor. All dealers will try to mark up the money factor over the buy-rate. Buy rate can be obtained from Edmunds.com in the "leasing" forum...make a post and the moderator (car_guy) will get back to you. A post there may go like this....I want to lease an 05 545 for three years with 12k miles per year...what is the buy-rate and residual. Once you obtain the aforementioned info you can start to calculate your lease payments.

This site sells a great calculator (http://www.autoleasingsoftware.com/)...I use it to run all my own lease numbers before I ever sit down with the GM or Fleet Manager.

I typically call the dealer and speak with the GM or Fleet Manager...I then get their markup over invoice (negotiate if you need to / take trunk money and any rebates into consideration)...I then get a run down on all their fees (making sure they are legit). And my final question is...what is your mark up over buy rate, if any, on the money factor. Remember the dealer can't control the residual...that is a function of the term and miles. So you need to work with the variable that can be controlled at the dealer level. And those are the ones I have outlined for you.

Hope this helps

Chris

 

Welcome aboard, Benz715 !

 

welcome aboard, benz715 ! here is the post in the faq forum. make sure do your homeworks before you go down to the dealer . good luck ! btw, what's up with your user name ? benz in the bmw forum ?

 

Welome Benz715. You will find some of the nicest folks here not to mention great information. A lot of background and occupations that make a wonderful blend.

 

Based on my lease in California, the lease price = $900/month w/$0 down given your options (cap cost about 65k?)

 

My CA told me they have new leasing deals for November which are better than last months. Also you can check into the multiple security deposit leases to decrease the money factor.