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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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#425 of 1385
Re: Need help, confused!! but gettin better [dreamland] by kyfdx HOST
Sep 08, 2005 (3:23 am)
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Replying to: dreamland (Sep 08, 2005 1:10 am)

They must be using the August program... maybe, they were able to lock you in, since you were in there negotiating last month...
 
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
#426 of 1385
Re: September Incentive Program [mib90024] by drtravel
Sep 08, 2005 (8:07 am)
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Replying to: mib90024 (Sep 07, 2005 7:15 pm)

I went ot the bmwusa web site and tried to calculate the details of their lease special (why don't they ever publish the money factor?). Here's how I derived the $459 figure:
 
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.
#427 of 1385
Re: September Incentive Program [drtravel] by drtravel
Sep 08, 2005 (12:14 pm)
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Replying to: drtravel (Sep 08, 2005 8:07 am)

Correction:
 
The sales price should be $38,670 (you pay $2,500 up front plus they discount the car $2,500)
 
Payment is exactly $459
#428 of 1385
september rates by dreamland
Sep 08, 2005 (1:21 pm)
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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
#430 of 1385
Re: Good lease deal on 4.4i? [mib90024] by suv800
Sep 09, 2005 (3:50 am)
Reply

Replying to: mib90024 (Sep 07, 2005 7:16 pm)

Hello,
I have the sales orders in my hand, remember I told earier that I went to 2 different BMW dealer. Because they promise they had instock, then turned none for me neither those 2 dealers, 1 in Bayside NY 11362, and the other 1 in Brooklyn NY 11214. I just don't know how to show them to you. This web site wouldnt allow me to post any email address.
Just wait til end of September and October. Price will come down. You will be suprised
#431 of 1385
$7,488 off MSRP by drtravel
Sep 10, 2005 (9:44 am)
Reply
Here's a deal advertised in the LA Times (Century West BMW)
 
2005 X5 3.0 - lease for $396 + tax 36mo/30K
 
MSRP of $45,020, selling price of $37,532 ($7,488 off MSRP or $1,272 above invoice after $5,000 cash back), cap reduction of $3,000 so total cap cost is $34,532
 
Using 57% residual and 0.0028 money factor I come up with a payment of $414.95. Not sure how they calculated the $396. Total drive off is $5,168 whcih includes $3,000 cap reduction, $450 security deposit, $625 acquistion, $396 first month payment and $697 of something else - maybe additional cap reduction?
#432 of 1385
Re: $7,488 off MSRP [drtravel] by kyfdx HOST
Sep 10, 2005 (2:43 pm)
Reply

Replying to: drtravel (Sep 10, 2005 9:44 am)

I'm pretty sure the money factor on that lease is .0025
 
And, using that factor, the numbers add up....
 
regards,
kyfdx
#433 of 1385
Re: Good lease deal on 4.4i? [suv800] by schutzhund1
Sep 10, 2005 (9:09 pm)
Reply

Replying to: suv800 (Sep 09, 2005 3:50 am)

Hi, my local dealer in Ca. also thinks the prices will come down in 30-60 days on the lease. Do you REALLY think so? Will this be a 05 or 06 in your opinion that drops in price? What is a "DEAL" for downpayment on a lease for the 4.4i and monthly payment? My dealer was talking about 5-6K down and a monthly under 600 back in August.
#434 of 1385
Re: Good lease deal on 4.4i? [schutzhund1] by suv800
Sep 11, 2005 (1:32 pm)
Reply

Replying to: schutzhund1 (Sep 10, 2005 9:09 pm)

Yes, the price will come down back to the August price in October for 2006 BWM X5 4.4, And, the prices will be under $600 if tax upfront, 15k per yr.
The new rate for October is came from internal memo of BMW Usa. Hopefully every one will have what they want.
  

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