My Take: The 2010 5-Series ALMOST makes THE LIST this month because the lease rates actually look VERY attractive. Unfortunately, I highly doubt you can even come close to invoice on a car that’s been on the market just a little over a month. If you could, then it would be highly recommended. Unfortunately, I don’t see it happening. BMWs in generally don’t usually hit invoice (or below it) without the help of rebates or cash incentives. No holdback means dealers can’t sell you the car anywhere near their cost. Otherwise, they can’t stay in business. If you are shopping for a “deal” this month, hang in there. I’m looking hard for one. As you can see, THE LIST is rather short because there just aren’t any solid deals to be had this month.
Check out the new LIST for the recommended leases of the month.
2010 BMW 5-Series
2010 BMW 528i Sedan
24-month | 15k miles | residual 62% | .00145 base money factor
36-month | 15k miles | residual 58% | .00145 base money factor
48-month | 15k miles | residual 37% | .00265 base money factor
60-month | 15k miles | residual 31% | .00265 base money factor
2010 BMW 528i xDrive Sedan
24-month | 15k miles | residual 62% | .00155 base money factor
36-month | 15k miles | residual 58% | .00155 base money factor
48-month | 15k miles | residual 36% | .00265 base money factor
60-month | 15k miles | residual 30% | .00265 base money factor
2010 BMW 535i Sedan
24-month | 15k miles | residual 62% | .00155 base money factor
36-month | 15k miles | residual 58% | .00155 base money factor
48-month | 15k miles | residual 34% | .00265 base money factor
60-month | 15k miles | residual 28% | .00265 base money factor
2010 BMW 535i xDrive Sedan
24-month | 15k miles | residual 62% | .00165 base money factor
36-month | 15k miles | residual 58% | .00165 base money factor
48-month | 15k miles | residual 35% | .00265 base money factor
60-month | 15k miles | residual 29% | .00265 base money factor
2010 BMW 535i xDrive Sport Wagon
24-month | 15k miles | residual 62% | .00165 base money factor
36-month | 15k miles | residual 58% | .00165 base money factor
48-month | 15k miles | residual 32% | .00265 base money factor
60-month | 15k miles | residual 26% | .00265 base money factor
2010 BMW 550i Sedan
24-month | 15k miles | residual 61% | .00155 base money factor
36-month | 15k miles | residual 57% | .00155 base money factor
48-month | 15k miles | residual 30% | .00265 base money factor
60-month | 15k miles | residual 24% | .00265 base money factor
2010 BMW M5 Sedan
24-month | 15k miles | residual 59% | .00175 base money factor
36-month | 15k miles | residual 55% | .00175 base money factor
48-month | 15k miles | residual 32% | .00265 base money factor
60-month | 15k miles | residual 25% | .00265 base money factor
Where can you find the invoice price of the 2010 5 series? Edmunds doesn’t have them up yet. Would you aim for $1,000 under MSRP?
@J. Are you sure? I’m seeing them. It’s about $3600 off MSRP for the 528i. I would recommend offering maybe $1000 over invoice instead and see where that goes. $1k below MSRP isn’t a large enough discount if you ask me. The bank itself is like $725 in most states.
Are there any deals on 2010 Acura RL’s this month?
@jaycee. i’m not seeing anything on the RLs this month. I will keep my eyes open for ya though.
How do you find out if a dealer has holdback or not?
@supercharger. http://www.ridewithg.com/index.php/2009/02/the-dealer-holdback/ Basically, all BMW dealers do not have holdback. So when they sell their car at invoice, their profit margin is pretty low. Now if you look at Mercedes, the reason they can dip below invoice without the assistance of mfg rebates is because they have a 3% margin to work with if the car is a fairly new arrival. 3% may not sound like much, but a car with a $40,000 MSRP has a holdback of $1200 which is pretty significant.
just got 2010 5 series 535xi with navi, parktronic, tints, fabric package for $54k – 4K off msrp
congrats lk! $4k off the 2010 5-series is pretty good! About 7.4% off the MSRP. 10% is considered a pretty good deal for most 2009s, so 7.4% isn’t too bad at all for a 2010 model.
Per the latest offers on BMW’s website it looks like the 2010 528i sedan has a 61% residual on a 10K mile/year lease. (I divided the $29,021 lease end purchase price by the quoted $47,575 MSRP.) I know BMW doesn’t go to invoice because there’s no holdback, but has anybody seen any deals where they are willing to go just $500 over or so?
Recently leased a 2009 M5 – MSRP of $93000. They gave it to me at $1000 over invoice ($8700). There was also a cash back deal of $2500. At 15,000 miles and 36 month lease and No money down I pay $ 1320 per month in California. How did I do?
Residual of 55% and .00175 MF.
BMW will nogo any lower than 1000 over invoice.