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BMW X5 Prices Paid and Buying Experience

1385 messages, Last post on Dec 05, 2009 at 3:07 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| Just made the purchase on a 2004 X5 4.4i with Primer, CD changer, Cold weather, real climate, heated steering wheel and real seat, parking distance control and Navigation. Paid Total of $45305 out the door with my trade in of 99 Lexus RX300. I think it is a fair deal in my area. The only frustration that I have is to locate the color that I want (silver/gray). According the search result, there are only 8 X5 with such configuration available (varies colors), I might have to wait for the new build order, and it could take up to six weeks. Since I have waited that long to made the purchase, it will be fine to wait for a little longer..... | |
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Today I took delivery of my 4.4 that was ordered on 1/26; $2800.00 below MSRP. Got Premium, Sports, Rear climate, Nav, PDC and CD chgr. |
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I am planning on getting an X5, but I am unsure if I should press the button. The car is equipped with: Rear Climate Control Premium Package Navigation System Cold Weather Package Steptronic Automatic Trans. I am getting the car for $599/month, for 42 months, with a $2100 cap cost reduction (down payment). |
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| Why are you going to give them $2100? All you're doing is lowering your monthly payment by $50. If your X5 gets stolen or wrecked before the lease is up, you lose that $2100. Does the $599 include Tax as well? | |
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I have to give the $2100 down, because of the company's lease agreement. The monthly payments cannot go above $600/month, which is why I am offering a $2100 down payment. The X5 is a titanium silver with gray leather. However, the vehicle has been on the lot since December of 03', and I am still hesitant if I should take the car, considering it is not equipped with the Xenons. One of the real gripes of this car, is that I feel it was equipped wrong-I think the titanium silver, fully loaded with a MSRP of around 49k having no xenons was a bad build. Whats everyone's take on this? |
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| Whoops, I forgot to say, but tax is included in the 599 price. | |
| how you like it, then don't take it! $50K is a significant amount of money to plop down on a vehicle that isn't really what you want. | |
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I am looking at a 2004 BMW X5 with a MSRP of approximately $49800. With excellent credit including a FICO score of 748, I was wondering what sort of money factor and residual value would be appropriate. I have in mind a 48 month lease with annual mileage of 12K with zero capital reduction. As far as I know, BMW is not offering any incentivized leasing programs. I'd appreciate any feedback. |
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BMW will give you a higher residual on a 42 month lease (hence lowering your lease payment).
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