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View Full Version : Close to leasing 05 545, input requested


grsavage
06-12-2005, 01:12 PM
I am close to leasing new 545 in SF Bay Area. Sport, Premium Sound, Cold Weather. Titanium Gray or Titanium Silver / Black. Trying for $1500-2000 over invoice, negotiate MF to .0012. With $1000 down (cap cost reduction), 12K/year, looks like lease should be around $746. A couple of questions:

1. Any input on deal?
2. Would like to connect I-Pod. Have seen other posts but not clear on whether premium sound enables or inhibits this. Is there anything I should get out of dealer on this subject before finalizing deal?
3. Does CD or CD changer recognize and play MP3's?
4. Is premium sound worth it - I could wait for Black Saphire, sport - probably about $2500 less. Concerned black too hard to keep clean.

Open to any general input on this vehicle as well.

Thanks

stream
06-12-2005, 09:23 PM
For iPod connection, the only solution currently is the aux input. The iPod connector that's available on the X5 and other BMW models isn't available yet on the E60--supposedly will be by the end of the year, and Dension also has a connector that is supposed to be available for the E60 by the end of the year. I had the aux input installed at Peter Pan ($64 part & $140 labor), and hardwired a power adapter w/ line output, and iPod is in center armrest:
http://forums.e60.net/index.php?showtopic=12430

Premium sound system shouldn't affect it (although the current BMW iPod connector for other models isn't compatible with nav--who knows if E60 version will be).

No MP3 playback yet, but is supposed to be available in September timeframe with software update (already available in Europe)--only for CD player in dash, not CD changer.

Premium sound (Logic7) is the best factory car audio system I've heard--highly recommended.

Black cars are beautiful...for about 5 minutes after detailed...very high maintenance--popular color, just be aware of maintenance issue.
;)

General input--you'll love this car! :thumbup:

grsavage
06-12-2005, 10:07 PM
I am also considering the titanium gray or silver gray due to maintenance issue.

fm_illuminatus
06-13-2005, 12:19 AM
I'm looking at a 530xi Sport Wagon right now and the dealership is quoting me a lease payment of $988-- with 2300 down 12k/yr (with my options package msrp is around 56,000)... where am I going wrong? I'm pretty postive the 545i is more than 55,000 even w/o options...

arnolds
06-13-2005, 07:31 AM
I'm looking at a 530xi Sport Wagon right now and the dealership is quoting me a lease payment of $988-- with 2300 down 12k/yr (with my options package msrp is around 56,000)... where am I going wrong? I'm pretty postive the 545i is more than 55,000 even w/o options...

Well the money factor is probably being jacked up by the dealer from the buy rate.

http://www.bimmerfest.com/forums/showthread.php?t=100611

And yes, its cheaper to lease a 545 right now than a 2006 530.

BMWilliam
06-13-2005, 08:32 AM
It appears to be a great deal but are you putting down $1000. Cap Cost Reduction plus the upfronts or just $1000 total Out-of-Pocket? Also Premium Sound will not affect the ipod which I have been told you can install yourself but can be done at the dealer. The money factor you posted is .0012 and I think you were trying to say .00120 and if so that is a good one and make sure to get any add ons in writting on a WE OWE. Good Luck William

Ågent99
06-13-2005, 11:11 AM
It appears to be a great deal but are you putting down $1000. Cap Cost Reduction plus the upfronts or just $1000 total Out-of-Pocket? Also Premium Sound will not affect the ipod which I have been told you can install yourself but can be done at the dealer. The money factor you posted is .0012 and I think you were trying to say .00120 and if so that is a good one and make sure to get any add ons in writting on a WE OWE. Good Luck William
Uh, isn't 0.0012 the same as 0.00120?? :dunno: ;)

Back in February, I did a ED and leased my 2005 545i. I got 1500 over euro invoice (see the top of the page for a pdf listed msrp and wholesale prices), a MF of 0.0013 (ED requires a 0.0003 surcharge but BMW pays for 1 month of leasing so at the end of the lease, it is nearly equivalent to a MF of 0.001), 61% residual for 3yr/36k. I think residuals are 59% now. I would try for a MF of 0.001, which is what BMW is suggesting dealers use. Also, make sure the acquisition fee is $625...BMW allows dealers to charge up to $825 for this fee...just be aware of it.

fm_illuminatus
06-13-2005, 01:00 PM
Well the money factor is probably being jacked up by the dealer from the buy rate.

http://www.bimmerfest.com/forums/showthread.php?t=100611

And yes, its cheaper to lease a 545 right now than a 2006 530.

You're right, I didn't consider the difference in years. 2005 545 and 2006 530. whats the msrp on a 2005 545?

arnolds
06-13-2005, 02:57 PM
You're right, I didn't consider the difference in years. 2005 545 and 2006 530. whats the msrp on a 2005 545?
http://www.bimmerfest.com/forums/showthread.php?t=92340

Ågent99
06-13-2005, 04:19 PM
You're right, I didn't consider the difference in years. 2005 545 and 2006 530. whats the msrp on a 2005 545?
Actually, Arn's point is that while the 545i is ~10k more than a 530i, the incentives from BMW to move the 545i are very, very good and therefore you can get it cheaper than the 530i. The reason is that they will intoduce the 550i come September...has ~30 more hp than the 545i.

Look at the very top of this forum, there is a sticky with a PDF attached that lists all the info you need: msrp and invoice prices. Armed with that, you'll know exactly the profit the dealer is making.

hpowders
06-23-2005, 02:05 PM
Yup! I was looking at the 2005 545 vs 2006 GS430. Aside from the fact that the GS430 sucked big-time, the Lexus would have cost me $1660 more in lease payments over 3 years plus another $2000 in maintenance costs where the bimmer is free.
Big decision: Lexus with lousy steering and brakes with just about no trunk or
BMW with great steering and brakes and better seats and a nice trunk for $3660 less than the Lexus over 3 years.
Well, I made my decision: BMW 545i lease with comfort seats, steptronic automatic transmission and fold-down rear seat: cap. cost = invoice + 1500 dollars earned through blood, tears, toil and sweat, no cap. cost reduction, base money factor of .00100(2.4% interest) and pre-tax payment of 673 hard-earned dollars per month.
36 months, 36,000 miles.
There are only 2 "best buys" right now in BMWland: the 2005 545i and the 2005 BMW X5.
Which of these 2 would you rather be piloting going at 65mph around a hairpin turn? :thumbup:

Ågent99
06-23-2005, 02:22 PM
:thumbup: Nice move, hpowders! The 545i is an amazing vehicle to drive....

hpowders
06-23-2005, 03:31 PM
Thank you agent99! Ya gotta do your research. BMW won't tell you that they got a 545i for 2.4% interest when they can lease you a "new" 530i for 4.7% interest and that's if you are lucky enough to find a dealer that has not jacked this up to 5.6%! :tsk:

hpowders
06-23-2005, 03:56 PM
Some quick research, 2 cars, same equipment:
2006 530i
MSRP $51945
invoice $47630
cap. cost: invoice + $1500 = $49130
no cap. cost reduction
money factor jacked up to the max. = .00235
residual = 62%
36 months, 36,000 miles
$661.24 per month

2005 545i
MSRP $58170
invoice $53175
cap. cost: invoice + $1500 = $54675
no cap. cost reduction
base money factor(which I got) = .0010
residual = 59%
36 months, 36,000 miles
$673 per month

I think the choice here is obvious! :thumbup:

heezyo2o
06-25-2005, 03:39 PM
Congrats on the car, but are those numbers correct? I got a different monthly payment when I worked it out

hpowders
06-25-2005, 04:12 PM
You are right! The 530i monthly payment is correct but the 545i's should be $654.39.
I actually questioned the dealer about how come he got $673. He said, "Trust me. There are other fees that you don't know about."
Let me get this straight. Trust a dealer? :tsk:

CJsCar
06-25-2005, 09:18 PM
I-Pod connector just became available for the 5 and 6.

JT 550i SD
06-26-2005, 12:03 AM
Come on, 545i deals are so good you lease 2.

adwebinc
06-26-2005, 01:52 AM
I-Pod connector just became available for the 5 and 6.
Don't want to hijack this thread, but could you please elaborate or post link to appropriate thread with details???

Thanks!

deedubg
09-10-2005, 01:05 AM
I am a new bimmer driver and wanted to know If I got jacked on the price.
I leased a 2006 525I at 43K with 3,500 down. My monthly note is 550 for 36 months for 36K miles. Did I get jacked?

I like the vehicle. I see myself in the future upgrading. Also, how can I get an IPOD connector for this vehicle?

Me530
09-10-2005, 08:59 AM
I am a new bimmer driver and wanted to know If I got jacked on the price.
I leased a 2006 525I at 43K with 3,500 down. My monthly note is 550 for 36 months for 36K miles. Did I get jacked?

I like the vehicle. I see myself in the future upgrading. Also, how can I get an IPOD connector for this vehicle?


When the 545i was going to be replaced by the 550, BMW USA had some phenomenal subsidized lease deals.

Unfortunately, no iPod connector available now. There is an AUX input that you can have installed. There is a rumored iPod connector that will be available in the future, but the current info is that it will only work on cars without NAV. Hope this helps.

deedubg
09-10-2005, 08:22 PM
Thank for the info. I'll research the 545i deals.