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Last post on Mar 06, 2013 at 2:48 PM
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BMW X5, SUV
#186 of 2444 BMW 3.0 sav X5 leasing
by nj_bmw_byer
Mar 14, 2005 (11:21 am)
I just got a quote for an 2005 X5 3.0 BMW. I am not sure of the Adj cap cost. But do these numbers sound ok:
36 months/12k miles per year
Auto, Prem. Pk, CW pk, RC pk, Nav Sys, Xenons, Heated Rear seats, 6 Cd changer
Sterling Gray
inceptions: 631 1st pay
625 bank fee
253 MV
125 Doc fee
7 Tire tax
631.00 per month including NJ taxes, Also i have great credit are any of these inception fees wavable.
#187 of 2444 BMW X5 3.0 LEASING
by nj_bmw_byer
Mar 14, 2005 (11:32 am)
Also, at what point can i pull out of a deal to lease an ordered car and get my down payment back (i have never seen it). I did allow my credit to be run and left a deposit, but i never signed a purchase order or a contract. I guess I am asking what is the point of no return in a leasing situation. I am in NJ.
Mr.631 per month
#188 of 2444 Re: BMW 3.0 sav X5 leasing [nj_bmw_byer]
by kyfdx HOST
Mar 14, 2005 (12:24 pm)
You left out the most important piece of information.. What is the MSRP?
Also, how big of a deposit did you put down?
regards,
kyfdx
#189 of 2444 : BMW 3.0 sav X5 leasing updated info
by nj_bmw_byer
Mar 14, 2005 (6:02 pm)
I just got a quote for an 2005 X5 3.0 BMW. I am not sure of the Adj cap cost. But do these numbers sound ok:
Zero Money down
The edmunds MSRP is 51,370
6 dick cd changer is 595
total-------------->51,965
36 months/12k miles per year
Auto, Prem. Pk, CW pk, RC pk, Nav Sys, Xenons, Heated Rear seats, 6 Cd changer
Sterling Gray
inceptions: 631 1st pay
625 bank fee
253 MV
125 Doc fee
7 Tire tax
631.00 per month including NJ taxes, Also i have great credit are any of these inception fees wavable.
#190 of 2444 Re: : BMW 3.0 sav X5 leasing updated info [nj_bmw_byer]
by ten2
Mar 14, 2005 (9:07 pm)
Who's the dealer? I'm interested - it's over$2000 below invoice. Is it an in stock car?
#191 of 2444 Re: : BMW 3.0 sav X5 leasing updated info [nj_bmw_byer]
by kyfdx HOST
Mar 15, 2005 (8:03 am)
Depends on your tax rate.. With a cap cost of $49K, I get a payment of $595/mo.+ tax..
So, if your tax rate is about 6%, then you got almost $3K off MSRP, and they are using the base rates..
Seems like a good deal. The only padding I see is the $125 Doc fee.. but, that isn't enough to worry about..
regards,
kyfdx
#192 of 2444 Re: : BMW 3.0 sav X5 leasing updated info [kyfdx]
by ten2
Mar 15, 2005 (7:01 pm)
Based on the edmund's lease calculator, I get a cap cost of $46,800 with a 60% residual (for 12K/ 36 mo lease) and a .00125 base rate. This gives you $595/ mo. before NJ taxes. How did you derive your calculations?
#193 of 2444 Re: : BMW 3.0 sav X5 leasing updated info [ten2]
by kyfdx HOST
Mar 16, 2005 (8:18 am)
I use a spreadsheet and a mathematical formula... They are pretty simple calculations.. Edmunds lease calculator is not very good..
#194 of 2444 BMW X5 3.0 lease deal in new jersey
by mattlrulz
Mar 16, 2005 (3:29 pm)
Im looking at a X5 3.0...
Exterior - Sterling Gray
Interior - Black
Dark Grain
Premium Package
Navigation
Xenon Lights
Cold weather package
Rear climate package
Lease with 5,000$ Total out of pocket.
MSRP = 51,170$
36 months with 15k miles a year.
They took off 2500$ MSRP
Lease payment = 575$
GOOD DEAL OR WHAT ??????????????
#195 of 2444 Re: BMW X5 3.0 lease deal in new jersey [mattlrulz]
by kyfdx HOST
Mar 16, 2005 (5:25 pm)
Assuming about $350 for registration fees, it does appear that you got $2500 off MSRP for the selling price, and that they used the base rates....
I usually advise against putting that much money upfront, but you did get a good deal.
regards,
kyfdx