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Prices Paid: Buying & Leasing Experiences BMW X5 Prices Paid and Buying Experience
1360 messages, Last post on Nov 09, 2009 at 11:22 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: rt909 (Dec 19, 2008 11:21 am)
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I'm looking at a loaded X5 4.8 i - MSRP of $69500. Was offered 4K discount off MSRP, 3 year lease 12Kmiles, money factor .00190, LEV 59%. Monthly rental of $910. Seems like the interest rate is high, and the discount could be better. Anyone have any experience with a similar vehicle? Any thoughts or experiences are appreciated!
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Replying to: turboman62 (Dec 27, 2008 2:26 pm) Residual was 59% and they tried to give me the banana in the tail pipe and hike the money factor to .0019. I told them no way and ended up with the .0015 money factor. The one regret that I had is letting them stick me for the security deposit, oh well, it is refundable in 3 yrs..
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Replying to: dsa421 (Dec 27, 2008 3:25 pm) Also - I see you also chose to lease rather than buy, even though they are currently offering 0.9% financing. How did you come to your decision to lease?
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Replying to: turboman62 (Dec 27, 2008 3:40 pm) The finance guy first said he would "meet me in the middle" and split the difference. I honestly was offended they attempted to jack up this rate and told them with absolute certainty that I would walk if they didnt go with the standard .0015. Had I purchased the car at or below invoice I would understand them trying to mark up the finance fee's, but as I said to the finance manager, they were making 4/5K over invoice on this deal. Needless to say he wasnt happy, but it didnt take much for him to agree. I chose to lease because I dont like to keep cars past 3 years and the lease terms they are offering currently are VERY attractive. |
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Replying to: SpacerM (Dec 27, 2008 11:19 am) Can someone please post the BMWFS numbers for December for a 2009 X5 3.0 36/10K lease? I know its a 60% residual, but that's all I"m sure of.
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| I never cease to be amazed. What recession??? Paying nearly $70K for a vehicle that can be had for $55K only with a straight inline 6 cyl. engine instead. Is that power worth $20,000 to you? Holy Smokes! That's some major disposable income, pal. | |
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Folks: There's a pre-owned 2007 X5, Alpine white, 6K miles, they're asking $38,900, when it seems all the other vehicles like that are in the mid $40K at least. What is wrong with this picture? The car is like new. I hear gas mileage isn't so hot though. For one person with no kids, that's a little big isn't it? I'm also looking 5 series CPO also. I know, no comparison, but just wondering what your thoughts are. Thanks. Gardis in CT gardis72  gmail.com
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Replying to: armando1967 (Dec 27, 2008 12:51 pm) |
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Just bought 2009 X5 3.0 Options - Premium Pkg Technology Pkg Comfort Access 3rd Row Rear Climate Pkg USB-Ipod Access MSRP - 58225 Price Paid - 54375 excluding Taxes, Title, License Plates 0.9 APR for 60 months Location - Dallas, TX
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