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-   -   5 series lease price and delivery (http://forum.e46fanatics.com/showthread.php?t=694198)

SheriffA 07-28-2009 02:01 PM

5 series lease price and delivery
 
How much would a 528 xi lease be with decent options. GF is getting one. Also how long would delivery take. When i ordered mine it was 2.5 mo. They quoted her 6-8 wks which i don't believe

TOMMY G 07-28-2009 02:14 PM

lots of missing info there....but we have maybe 10 on the lot right now

SheriffA 07-28-2009 04:47 PM

18k miles/yr
3k down
36 mo
54k sticker price
09 or 10

TheRusski 07-28-2009 04:51 PM

ur lookin around 800-900 a month

SheriffA 07-28-2009 04:54 PM

Quote:

Originally Posted by EuroBmrDude (Post 10372563)
ur lookin around 800-900 a month

I find that a little difficult to believe. i had an 05 M3 that had a sticker price of 58k and I was paying 730/mo with the same terms

TheRusski 07-28-2009 04:54 PM

hmm maybe its just me lol

rkhettry23 07-28-2009 05:32 PM

my new 535xi with EVERY option is like 850 a month

SLVR JDM 07-28-2009 05:34 PM

Buy > Rent :eeps:

TheRusski 07-28-2009 05:35 PM

Quote:

Originally Posted by SLVR JDM (Post 10372765)
Buy > Rent :eeps:

buying you loose more money by depreciation value thn actually leasing (renting) out the car

wrighterjw10 07-28-2009 08:20 PM

Quote:

Originally Posted by EuroBmrDude (Post 10372779)
buying you loose more money by depreciation value thn actually leasing (renting) out the car

true.

leasing only works however if u can do without driving a ton.

some ppl also like to not have car payments.

Bimmer330cibro 07-28-2009 09:03 PM

My sister has 08 or 09 528i, we leased it, came out to be around 54k. We put 0 down because it was a better option and it was better to save the 3500 down and pay it monthly. It came out to be around 730 a month. But if we put down it was around 580 a month.

Penguin Koolaid 07-28-2009 10:57 PM

Quote:

Originally Posted by EuroBmrDude (Post 10372779)
buying you loose more money by depreciation value thn actually leasing (renting) out the car

Not when you keep a car for 5 or more years.

TheRusski 07-29-2009 12:25 AM

Quote:

Originally Posted by Penguin Koolaid (Post 10374291)
Not when you keep a car for 5 or more years.

true that, forgot to mention it

rapier7 07-29-2009 12:31 AM

Leasing is more advantageous than buying if the dealers underestimate the amount the car will depreciate. You think dealers are stupid enough not to factor depreciation into your leasing cost?

For example, when people leased trucks and SUVs in 2007, they paid a flat rate per month. Then when oil prices really spiked up during the summer of 08, everybody turned in their leased trucks and SUVs and dealers were hit with heavy losses because the trucks and SUVs depreciated far more than they had expected. Leasing a car is essentially renting a car during its worst years of depreciation which is why it's so dumb. Unless you're a business that can write off depreciation as an accounting expense, it's always more advantageous to buy than lease.

People are dumb.

TheRusski 07-29-2009 12:37 AM

^ Umm ok check this out

Bought brand new 3er for $42k out the door ------ 2 years after that traded it in and only got $22 for it

So I lost $20k in depriciation value over 2 years of owning the car

If I would leased it....$540 a month X 24 = $12960

So which one is better? loosing $20K in depriciation vs $13K in (renting a car)?

BMW_Matt 07-29-2009 12:41 AM

Well in your case, you had it short term where it made sense. If you plan on keeping the car for a while, leasing just doesn't make any sense

rapier7 07-29-2009 12:44 AM

Quote:

Originally Posted by EuroBmrDude (Post 10374745)
^ Umm ok check this out

Bought brand new 3er for $42k out the door ------ 2 years after that traded it in and only got $22 for it

So I lost $20k in depriciation value over 2 years of owning the car

If I would leased it....$540 a month X 24 = $12960

So which one is better? loosing $20K in depriciation vs $13K in (renting a car)?

Quote:

Originally Posted by Rapier7
Leasing is more advantageous than buying if the dealers underestimate the amount the car will depreciate.

You lost 20k in depreciation because you traded your car in. A new 3 series is estimated to lose about 13.5k in 2 years. Leasing a new 3 series for 2 years at a cost of 12960 not including your signing cost would put owning over leasing.

You lose.

Edit:

Quote:

Originally Posted by BMW_Matt
Well in your case, you had it short term where it made sense. If you plan on keeping the car for a while, leasing just doesn't make any sense

No! Leasing never makes financial sense for most people because leasing is paying the cost of depreciation on top of your contract signing. You don't have a clue what you're talking about. Why would leasing a car short term (all leases are short term anyways) make sense?

TheRusski 07-29-2009 12:48 AM

Quote:

Originally Posted by rapier7 (Post 10374770)
not including your signing cost would put owning over leasing.


Signing cost....$0

Owtlaw333 07-29-2009 12:50 AM

Quote:

Originally Posted by EuroBmrDude (Post 10374785)
Signing cost....$0

I was gunna say... when is there ever a signing cost? Never heard of such a thing :hmm: Maybe CA doesn't have such terms? :dunno:

Leasing makes WAY more sense for those who constantly change cars. The only time leasing doesn't make sense is if someone intends on paying off and keeping the car beyond their contract. Otherwise depreciation and leasing are nearly equal (assuming you sell private party... trading in is a huge mistake if you're looking to get the most back)

rapier7 07-29-2009 12:56 AM

Quote:

Originally Posted by EuroBmrDude (Post 10374785)
Signing cost....$0

Then the dealerships are getting desperate for cash flow. In most cases there is always a signing cost (usually ranging from 1-4k, depending on the vehicle in question).

I can then refer to my original argument:

Quote:

Originally Posted by Rapier7
Leasing is more advantageous than buying if the dealers underestimate the amount the car will depreciate.

Look, future depreciation is much like the stock market. You don't know what the exact value will be in any point in the future. Dealers make guesses as to how much the car will depreciate and then factor that in to the total lease cost.

In a perfect market, leasing would be as efficient as owning (as in, you could do either one and come out fine), but leasing is usually more profitable for dealers because of the "gotta have the latest model" urge of consumers and the lower up front cost (which plays into consumer mentality).


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