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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

What is this discussion about? BMW X5, SUV


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#223 of 1385
2005 X5 3.0i LEASE by mannydom
Mar 21, 2005 (8:40 pm)
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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
#224 of 1385
Re: 2005 X5 3.0i LEASE [mannydom] by Sylvia STAFF
Mar 21, 2005 (8:47 pm)
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Replying to: mannydom (Mar 21, 2005 8:40 pm)

Please do not type in ALL CAPS. It is difficult to read and people think you are yelling at them.
#225 of 1385
Re: 2005 X5 3.0i LEASE [Sylvia] by mannydom
Mar 21, 2005 (9:06 pm)
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Replying to: Sylvia (Mar 21, 2005 8:47 pm)

so sorry...forgive me, please. what is the average residual % for this type of sav?
#226 of 1385
BUY OR LEASE? by bmw4sue
Mar 21, 2005 (11:30 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!
#227 of 1385
Re: 2005 X5 3.0i LEASE [mannydom] by kyfdx HOST
Mar 22, 2005 (6:57 am)
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Replying to: mannydom (Mar 21, 2005 8:40 pm)

58% residual.. Money factor of .00125
 
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..
#228 of 1385
Re: BUY OR LEASE? [bmw4sue] by kyfdx HOST
Mar 22, 2005 (6:59 am)
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Replying to: bmw4sue (Mar 21, 2005 11:30 pm)

First... you should never put a large downpayment on a lease..
 
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.
#229 of 1385
2005 X5 3.0i Lease by hydrogen05
Mar 23, 2005 (7:30 am)
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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!
#230 of 1385
Re: 2005 X5 3.0i Lease [hydrogen05] by kyfdx HOST
Mar 23, 2005 (7:39 am)
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Replying to: hydrogen05 (Mar 23, 2005 7:30 am)

1) You don't say what your payment is?
 
2) I'm assuming 3yr/45K lease...
 
3) No cap cost reduction, but what is your amount due at signing? Does it include the acq. fee or is that rolled into the payment?
 
4) My local dealer seems to have a lot of the window stickers on the dash as well... I'm not sure what that signifies, but I don't worry about it..
 
regards,
kyfdx
#231 of 1385
Re: 2005 X5 3.0i Lease [kyfdx] by hydrogen05
Mar 23, 2005 (7:55 am)
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Replying to: kyfdx (Mar 23, 2005 7:39 am)

kyfdx,
 
Yes, 3yr/45k.
 
Payment: $642 + 7% Tax ($687)
... these are the numbers based on $47,395 selling and $825 acq. fee both of which I want to get lowered.
 
No cap cost reduction. Amount due at signing is $700 dep + $687 + tag fees.
 
Acq. Fee is rolled into payment.
 
Thoughts?
#232 of 1385
Re: 2005 X5 3.0i Lease [hydrogen05] by kyfdx HOST
Mar 23, 2005 (8:00 am)
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Replying to: hydrogen05 (Mar 23, 2005 7:55 am)

Okay.. If you can get the price down to $47K even, and only a $625 acq.fee, then that will drop your payment down to approx. $625/mo. + tax..
 
As I've noted above, I don't really follow X5 prices all that closely, but getting the base rates on a lease is a very important part of a good deal.. It seems at that price, it would be fair all the way around...
 
regards,
kyfdx

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