Comments on: 2010 BMW 5-Series Lease Rates – July 2009

By: Jay

Jay — Tue, 28 Jul 2009 10:04:16 +0000

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.

By: BrianC

BrianC — Thu, 23 Jul 2009 02:08:24 +0000

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?

By: G

Tue, 21 Jul 2009 22:12:40 +0000

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.

By: lk

lk — Tue, 21 Jul 2009 21:17:50 +0000

just got 2010 5 series 535xi with navi, parktronic, tints, fabric package for $54k – 4K off msrp

By: G

Fri, 10 Jul 2009 22:17:36 +0000

@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.

By: Supercharger

Supercharger — Fri, 10 Jul 2009 21:43:57 +0000

How do you find out if a dealer has holdback or not?

By: G

Fri, 10 Jul 2009 21:10:33 +0000

@jaycee. i’m not seeing anything on the RLs this month. I will keep my eyes open for ya though.

By: JayCee

JayCee — Fri, 10 Jul 2009 18:57:57 +0000

Are there any deals on 2010 Acura RL’s this month?

By: G

Fri, 10 Jul 2009 18:05:26 +0000

@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.

By: J

Fri, 10 Jul 2009 17:05:56 +0000

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?