Tye201

Greetings all, I'm looking to lease a 05 525 with $3,000 down for 3 - 4 years around January . I'm trying to do as much research as possible before then and was wondering what the average price was for 525 owners. Thanks in advanced and keep up the great work.

martymoose

welcome aboard...

I just bought my wife a 04 525i last month, since leasing still takes in consideration the price I hope this info will be helpful.

My sticker price was about $47k (cold weather pkg, fold down seats, xeon, and something else...can't remember). I ended you getting the car for $43k for about 2% above invoice.

So I think that you could get a 525 between low to mid $40k's depending on what options you get. You can then figure out your lease price from there.

JiMmY912

i got mine for $4000 down and 15000 miles per year for 3 years.the payment is

$600. my car has sports and premium package, xenon, steptronic.the window

price was $49something, almost $50000.

KenTO

I just leased a 545 in Toronto, Canada.

First, you should know the options you want. You also need to know if you want a MY04 or MY05. You will get better deals on a MY04 in regards to price/ interest rates, but your residual may be lower, so it may not be worth it. I ordered a MY05 because I wanted NAV, and they didn't have any in the colours I wanted.

You should next go online and find the invoice price. This can be done at edmunds.com for the U.S. This should be your starting point. You also need to know about any incentives or dealer deals, this can also be done online.

Edmunds.com also has a good article on what goes on at dealerships. They had a reporter go underground as a car salesman and he reported on all the tricks of the trade. Definitely worth reading and will give you an advantage.

You should have 4 or 5 dealers in mind you wish to go to. Go to a Salesman (best person is the fleet manager) and tell him upfront what you want and how much you will pay. Tell him you know the invoice price of the car and dealer and salesman profit (salesman gets about 20% of the profit). Tell him you know all the dealers in the area, and that you are also interested in a Audi A6 and they are offerring you a very good deal. Negotiate the price of the car first, not the lease. A realistic offer is 2 - 5% above invoice, depending on the popularity of the model and how much the dealer has in stock. Negotiate the residual value on the full MSRP of the car not the sale amount, as this will significantly lower your lease amount.

Avoid paying for things such as "administration fee", this is a money grab. Once you have agreed to their price, get it in writing and signed by the salesman. Bring a calculator and make sure the math is correct. The best time to get a deal is the end of the months and late Friday, when salesman are trying to make their quotas. Be firm. My salesman tried to add a $ 150.00 paperwork fee. I told him no, and that if I walk out, I am not coming back. He relented.

I did the above and saved $ 4000 on my lease (36 mos.) with pretty well no hassle. The internet has leveled the playing field for the consumer, however, I don't feel too sorrow for the dealerships/ salespeople. Me dealer still made $ 3000.00 and my salesman made $ 500.00 from me getting the car. Not bad for an hour of work.

alohalc

welcome aboard, tye201 ! here is the link from faq. it's very informative and take a look at it before you go down to your dealer . also, if you do a search, we have a lot of similar discussions.

Tye201

With the xenon lights and 18" wheels and tires (assuming that style 123 fits and can be added as an option), the msrp comes out to $45,795. I would like to get the sport package but feel that I will lower the car within a month or so. Is the sport package worth the additional $3,000 and can I use rim style #123?

Thanks for you help in advanced again, lots of questions answered.

Tye

alohalc

most of the member in here will tell you get the sport pkg. but you really need to test drive both and compare yourself . drive is better w/sport but some might think it's a little noiser and rougher than the non sport.

KenTO

That was an excellent link in faq. I did all my research myself, because I didn't know about your website until after I had negotiated the price. I would have saved a lot of time and energy just looking at what you guys have on your site.

alohalc

agree . very informative .

Iceman

Welcome aboard, Tye201 !