Question about Purchase
07-30-2009, 11:19 AM
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My Ride: Retired: 2007 530i Silver Gray/Gray Leather, premium/sport/logic 7/hd radio/comfort access/park distance control
2010 535i M Sport Alpine White/Black premium/M-Sport,L7,Sat,HD Radio/Paddle Shifters/heated seats/comfort access/navigation/sport gear stick
I am working with my dealer as my lease is expiring on my next vehicle. I am being told that the residual and mf for 528i on 24 months is 62% and .00185 (owner Loyalty rate). According to another bimmer site it shows for July that the residual is 62% but that the money factor is .00145. Is this kind of mark up on the money factor normal and expcected? Please keep in mind that we have bought 4 BMW's from this dealer over the past four years.
Thanks
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07-30-2009, 11:29 AM
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My Ride: 2008 Alpine White 550i Sport, Cream Beige Interior, 6-Sp Manual - retired 9/2011
The MF should not change unless you don't put down a sec. deposit. And the residuals don't change unless you decrease from 15K miles to 12 or 10K miles (should go up by 2 and 3%, respectively). These #'s should NOT change from dealership to dealership.
07-30-2009, 11:44 AM
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My Ride: 2008 550I LOADED, all options except HUD and NV
Man I guess at some point I should learn how the lease process works. I have never leased and never intend to, but the info may come in handy.
07-30-2009, 01:45 PM
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I would ask your question over at Bimmerfest than here. They seem to have vast more knowledge about leasing. Thats where I asked all my questions.
Here is the link http://www.bimmerfest.com/forums/forumdisplay.php?f=20
Here is the link http://www.bimmerfest.com/forums/forumdisplay.php?f=20
07-30-2009, 01:48 PM
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Originally Posted by pjinca' post='959786' date='Jul 30 2009, 03:44 PM
Man I guess at some point I should learn how the lease process works. I have never leased and never intend to, but the info may come in handy.
There are advantages and disadvantages to leasing depending on what you want.
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