11-14-2020, 01:49 PM | #1 |
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2021 5 series Nov lease and ordering info please?
Hello everyone. Trying to get info on Nov lease deals and trying to find info about ordering a 530. What kind of deals are people getting off an ordered vehicle? That is stating that dealers are giving deals. I’ve never ordered a vehicle so I’m not sure if they give discounts on ordered units. Also, I am looking for buy rate money factors and residuals. I’m in MS. All and any info would be greatly appreciated. Thank you in advance for help.
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11-14-2020, 05:29 PM | #2 |
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I'd recommend looking in the sticky that has lease rates and deals. Jason updates every month with the current factory incentives and rebates as well as residuals. Money factor is no longer allowed to be posted each month.
For context, which also is posted in forum threads about this, my deal was 10.5% off, plus incentives, and buy-rate MF (.00082) with prime credit, on a custom ordered M550i. Would recommend some searching around for lease deals people have posted in the last couple of months to do your comparisons. Also, leasehackr forums are your friend, lots of info there. I used a broker ($400 fee) and he got me $4k more discounted than I found elsewhere on my own. Was worth the $ to me to save over $3,500 on an expensive car. Link to main sticky: Official 5 Series Quotes, Pricing and Lease Rates Thread https://g30.bimmerpost.com/forums/sh....php?t=1543177 |
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11-14-2020, 09:13 PM | #3 | |
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11-14-2020, 10:50 PM | #4 | ||
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Regarding brokers, to an extent, yes. You just find one you like snd can sorta seem to trust, but there's much more nuance there. I'm happy to connect you with my broker if you're on the eastern seaboard between GA and Maine (though he primarily deals DC to NYC areas). Was a pleasant experience, and I've dealt with a lot of brokers and helped middle man 10+ leases for friends and family. My car is at the port now, and should be here by Christmas. Generally, they say about 60 days from time production starts to delivery. Ordering date to production date really depends on your dealer and their allocations. Could be 36 hours or 3.5 months. If you go to the ordering section, you'll see my thread (I post almost daily on it) and it has my timeline in there. This is my 3rd custom build BMW, so I'm a bit used to the process. Happy to answer more specifically about dealers or brokers via PM, but like to avoid overly hyping or trashing on anyone publicly. Unless they really fuck someone over, not a cool thing to do. Generally though, on custom builds for G30 5 series (530-540 models, not m550i or M5 - 10-15% discounts are not unheard of). That's for custom builds and relatively new on lot cars. Demos or things sitting, you might get lucky and push towards 15-20%, but the higher you go the more likely the options or colors suck or it's a high mileage abused demo. Id recommend really consuming all posts in the lease deal thread and as much as possible posted for the model you want in the ordering section. Will give you somewhere to be realistic about your expectations for. |
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11-15-2020, 01:18 PM | #5 | |
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Once again, I appreciate it. This will be my first beemer. I’m also need to this forum. I’ve tried to search a few things and haven’t been too successful. Just trying to figure it all out. I do appreciate all the info. I’ve bought many vehicles but never ordered so trying to be as informative as possible. |
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11-15-2020, 04:34 PM | #6 | ||
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- there is a fee for the broker. I think they are fairly priced but for me it was effectively .5% give or take - the dealership with the allocation was out of state and further than multiple local dealers - the sales tax out of state vs local was either 1.5% or 1.85% (can't rem which) higher.. which by itself more than negated the difference Prob less of a consideration but something to keep an eye on... each dealer has their own processing fee. This is dealer specific and has nothing to do with destination. Around here it ranges from $499-$899. Quite a swing!
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11-15-2020, 06:19 PM | #7 |
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I can add to this. Broker offer was 10% off plus $500 fee plus shipping vehicle 8 hours to me.
I gave an opportunity to a local dealer and they didn’t play games. They offered 9% off and base MF, which would effectively be a better deal for me considering I no longer needed to pay fees and shipping. Also saved me on dealer fees, and I got to support a local business. |
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11-15-2020, 09:47 PM | #8 | |
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11-18-2020, 02:24 PM | #9 |
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Hi everyone. Just pick up my new 2021 540 m sport 73000$ MSRP. With great payment. Highly recommended West German BMW in PA . General manager Jeremy. I think nobody can beat his rate. 10.5% off MSRP, not a lot of fee and base MF .00082
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11-24-2020, 10:01 AM | #10 | |
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My VA dealer initially came back with the following for my individual order and it’s not gonna get much better. |
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11-24-2020, 10:30 AM | #11 | ||
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11-24-2020, 10:34 AM | #12 | |
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**edit: also just noticed the BMW incentives are all eaten up with ‘Fees’. I believe they have a standard processing fee of $399 but the rest they’re apparently trying to gobble up for themselves. Yikes. Last edited by 35mphgolf; 11-25-2020 at 08:33 AM.. |
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11-25-2020, 08:38 AM | #13 | ||
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I would definitely have some stronger conversations around that, because you're leaving some potentially serious money on the table there. MSDs should drop you well below the .00082 base MF rate. Not leave you a few points above it. |
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