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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
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Replying to: ez1703 (Mar 21, 2005 9:57 am) 2) Base acq.fee is $625 3) You should never make a downpayment on a lease.. Just 1st payment, security, and acquisition fee upfront (or even roll acq.fee into lease). $51,020 MSRP $47,905 Selling price $48,530 CAP cost (selling price + $625 acq.fee) 3yr/45K lease Residual 58% MF .00125 Payment = $624 + tax = $650/mo.incl.tax Due at signing = 1st payment, security deposit, title/licensing fees. ($1300 + fees) regards, kyfdx
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Replying to: kyfdx (Mar 21, 2005 10:05 am) Thank you.
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Replying to: ez1703 (Mar 21, 2005 12:53 pm) 2) Credit score is fine... 3) Security deposit is the payment rounded up to the next higher $50 increment.. 4) Selling price looks decent.. over $3K off. |
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| I AM ABOUT TO EMBARK ON MY FIRST LEASE EXPERIENCE IN THE CHICAGO AREA. HORROR STORIES ABOUND. I WILL APPRECIATE ANY ADVICE. DEALER IS LOOKING FOR BASE X5 3.0i PLUS AUTO TRANS OPTION ONLY. 36MONTHS/15K PER YEAR. WILL HE FIND IT? HOW MUCH OVER INVOICE IS FAIR PRICE TO NEGOTIATE? MONEY FACTOR? RESIDUAL% THANKS | |
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Replying to: mannydom (Mar 21, 2005 8:40 pm)
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Replying to: Sylvia (Mar 21, 2005 8:47 pm) |
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Have never leased a car & now seriously considering doing so with an X5 3.0i just because I do not want to pay more than $500 per month, which I've been told I would have to if I purchased instead of leasing. If I bought a stripped, automatic for $43K with $7500 down, what should my monthly be? I'm a real neophyte so have no idea what a money factor is. I'm in Hollywood if that helps? Thanks v. much!
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Replying to: mannydom (Mar 21, 2005 8:40 pm) If they can find this vehicle, and they use the base money factor, $800-$1500 over would be a fair price.. That said, I don't really follow pricing of X5s that closely..
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Replying to: bmw4sue (Mar 21, 2005 11:30 pm) Also, if you put $7500 down on a 36 month lease, you are lowering the payment by about $220/month. Does this amount factor into your $500 payment? IOW, if you put $7500 down and your payment is $500/mo,in reality you are paying over $700/mo. for the car.
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Just wanted some opinions on the following deal: 2005 X5 3.0i MSRP: $49,220 Selling Price: $47,395 (will try to get $47,000) Acquisition: $825 (will try to get $625) Residual: 58% Money Factor: .00125 Due at signing: $700 Security + First month (inc tax) ** No Cap Reduction ** Also, would like some opinions about the fact that this dealership (with two locations here) removes the Monroney Sticker from each and every vehicle and places it on the dash. Should I be concerned? I've never seen a dealer do this... It makes it more suspicious when they throw a set of 20" rims on one of their 3.0i X5's (supposedly to try to 'move inventory')... Last question -- how many miles does a BMW have upon delivery (no test drives at dealerships) Thanks!
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