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Prices Paid: Buying & Leasing Experiences 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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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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kyfdx-Thank You once again. I will take delivery this weekend and hope for no surprises. Some time ago, you also provided invaluable assistance on an X3 pursuit. Keep up your interest and contributions!!! Below are the latest published rates that I came across for September to be applied by BMWFS. X5 3.0i Wagon 24 mo/15k mi – 64% Residual Value – Money Factor .00280 Base Rate 36 mo/15k mi – 54% Residual Value – Money Factor .00280 Base Rate 48 mo/15k mi – 44% Residual Value – Money Factor .00280 Base Rate 60 mo/15k mi – 36% Residual Value – Money Factor .00280 Base Rate |
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