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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: mkersey (Aug 27, 2005 8:31 pm) I got a fair deal on August 12 2005, for X5 4.4 lease for 39 month at 15000 miles/year, .20 after. $700 a month. with zero down. no up front fee, only the first month and the security fee of $675.00 which you can get it back at the end of lease. Here's what's on the paper, 4.4 v8, GPS Navigation, Cold weather package, 6-CD changer, Heated steering wheel, sun roof, its like everything except the sport package. That was in August, I went to 2 BMW Dealers in NY, one call Bayside BMW in Bayside, and the other one is Life Quality BMW in Brooklyn. I paid for deposit, and my applications went thru for an approval. but both of dealers wouldnt give me the car. They said all the X5 in the usa are sold out. Can you believe that, then I found out, starts September 1, the rate from BMW went up a lot. that's why they are holding the cars. so, I filed 2 complaints to consumer affair againt those 2. and, 2 days ago, I called the BMW of North America, they said the new program just started, that's why the rate is so high. The man told me to wait till the end of october, then the price will drop down to regular. Yesterday, Someone emailed me an internal memo regarding BMW's changing rates for September and November. I deleted my email already, otherwise I would email it to you. remember, out of packet is $1475.00 when pick up a car. nothing down. So, that's my story Dr. William
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According to this web site - for the month of September BMW is offering a $5,000 cash to dealer incentive. Will be curious to see the leasing programs for September and do some number crunching. How much under invoice should we be paying now?
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Replying to: suv800 (Sep 05, 2005 10:42 am) Please like to find out the name of the dealership that you mentioned-above. It sounds like really a very good deal for no money down. Did they give you a lease figure if putting $4K down/how much the month lease is for the same car? Many thanks. |
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Replying to: drtravel (Sep 06, 2005 4:24 pm)
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Hi Dr. William, I have forwarded your info about getting the 4.4i to my BMW dealer;he said the number does not make sense? He said the deal is too good to be true but if you can provide me more info about the dealer so I can contact them. I don't care where I get the car but as long as it is a good deal. Please advise. Thanks.
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Replying to: kyfdx (Aug 24, 2005 4:22 pm) 649 mo with at cap cost of 57000 msrp (59895) plus 825 bank fee that they are bumping the 200. they lowered the payment by dropping 1985 off msrp and using a MF of .0011. Also provided me with 12k miles instead of the former 10k on a 39 mo lease. given the new MF despite the incentives it seems like it may be my best deal now. waddaya think? without your previous input, I wouldn't have gotten to where I am. thanks again
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Replying to: dreamland (Sep 08, 2005 1:10 am) I think, that even with the new dealer cash incentives, that it would cost more to lease this car under the September program.. $1400 due at inception, right? You better grab this.. $650/mo for a $59K car is pretty good.... It might be $100/mo. higher under the September program.. regards, kyfdx |
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Replying to: mib90024 (Sep 07, 2005 7:15 pm) MSRP = $43,670 Sales price = $39,770 (you pay $2,500 upfront plus they discount the car $1,400) Residual = 57% ($43,670 X 0.57 = $24,892) Money factor = 0.0012 (came from the X5 leasing forum) Payment is $459.08 plus tax The residual value is given in the ad (36 mos 10K miles) - I don't know what the money factor is for September but it was 0.00075 in August. Of course BMW dealers are known for bumping up their money factors so I would wait until I know what the official money factor is. Now for the same car MSRP of $43,670 has an invoice of $40,030 less the $5,000 cash incentive or $35,030. So I might pay $36-36.5K.
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Replying to: drtravel (Sep 08, 2005 8:07 am) The sales price should be $38,670 (you pay $2,500 up front plus they discount the car $2,500) Payment is exactly $459 |
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