BMW X5 Lease Questions

2269 messages,  Last post on Jun 18, 2013 at 5:22 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW X5, Car Leasing, SUV

#2260 of 2269 X5 35d Active steering by plina

May 18, 2013 (1:32 pm)

Does anyone know why BMW does not offer active steering in the X5 35d?

#2261 of 2269 Re: May X5 Diesel Lease Rates [tuburonh] by Car_man HOST

May 19, 2013 (8:57 am)

Replying to: tuburonh (May 13, 2013 2:17 pm)
Certainly tuburonh. BMW Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 Diesel with 15,000 miles per year are .00127 and 51% for consumers who qualify for its top credit tier.
 
Yes, BMW is indeed still offering the $3,500 Eco Credit and owner loyalty cash on this model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2262 of 2269 Re: Lease Advice? [clutch2282] by Car_man HOST

May 19, 2013 (9:01 am)

Replying to: clutch2282 (May 17, 2013 6:50 am)
Hi Brian. This vehicle's money factor should be slightly lower than what you were quoted, .00127. Try to get the dealer to use that factor to calculate your payment.
 
Also, I personally wouldn't make such a large down payment on a lease. $5,000 is a lot to lay out at lease signing. If your vehicle is totaled in an accident or stolen and never recovered a good chunk of that could just go poof. you're better off going with a zero down lease.
 
This truck probably has a spread of around $4,000 between its full MSRP and dealer invoice price. That means that you're probably at around $2,000 over invoice. If you're in an area that has a high level of competition, you may be able to beat this by shopping around some.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2263 of 2269 BMW X5 Lease - June by gurlzlkcars2

Jun 09, 2013 (10:54 pm)

Hi Car Man
This is my first post and my first attempt at leasing, but I've been reading the lease terms to become more familiar with leasing. Prior to reading the wonderful information posted here, I had started asking for lease terms on an X5 3.5i Premium. One MSRP (with options) was 61200 and other was 68400. But none of the dealerships I've spoken to give any details about money factor, acquisition fee, etc. So my questions are
1. How do I find out the invoice price so negotiate the best deal/capitalized cost
2. What are BMW's June rates (money factor and residual) for leases on the X5 3.5i premium on a 36 or 39 month, 15,000 miles per year lease?
3. Is it wise to lease a 2013 X5 when the body style will be changing for 2014?

#2264 of 2269 Re: BMW X5 Lease - June [gurlzlkcars2] by Car_man HOST

Jun 11, 2013 (2:58 pm)

Replying to: gurlzlkcars2 (Jun 09, 2013 10:54 pm)
Welcome gurlzlkcars2. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
 
You can look up the dealer invoice price of the X5 that you want by clicking on the following link: 2013 BMW X5 Pricing.
 
BMW Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 3.5i Premium with 15,000 miles per year are .00127 and 57% for consumers who qualify for its top credit tiers.
 
As far as whether it is wise to lease a 2013 model when the 2014 model will be redesigned goes, I think that it's more a matter of personal preference than anything. Since you don't have to worry about eventually selling your old style X5 you won't take a hit on the resale value. It's just a matter of whether you want to have a new and improved version or you are happy to go with the current model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2265 of 2269 BMW X5 Lease by bmw_640_man

Jun 12, 2013 (12:19 pm)

Carman-
 
BMW is advertising for 39 mos as their lease special on a Premium. What is the money factor and residual for 10k and 12k per yr. Both my wife and I have excellent credit and would qualify for thier top tiers. Thanks

#2266 of 2269 Re: BMW X5 Lease - June [Car_man] by gurlzlkcars2

Jun 13, 2013 (3:53 am)

Replying to: Car_man (Jun 11, 2013 2:58 pm)
Thanks Car_man! The deal I was presented with seemed good, but now i'm not sure. Using Edmund's True Market Value tool for a car with same options, the MSRP is 67150, Invoice is 61700, and TMV is 63800. So the numbers the dealership are offering are a little lower than the TMV (62129), but I think they are charging me more by using a MF of .00167. They also said the residual was 54% instead of 57% in SC. So I plan to shop around a little more.

#2267 of 2269 BMW x5 Premium - 36 and 39 month by gotigers1

Jun 17, 2013 (12:04 pm)

Carman, hope you can be of some help! I see a few posts with the 36 month numbers but am being told that they are only running 39 months on the x5 now. Do you have the 39 month numbers by chance?
 
Also being told the conquest offer is not offered on x5's. Any insight?
 
Thanks for all the help over the years - have had some great deals on leases with the help of this forum.

#2268 of 2269 Re: BMW x5 Premium - 36 and 39 month [gotigers1] by jasonmdbmw

Jun 17, 2013 (2:28 pm)

Replying to: gotigers1 (Jun 17, 2013 12:04 pm)
You can still do a 36 month lease but the advertised lease special is 39 months. RV for 15k miles is 55% for the Premium. Add 2% for 12k miles and 3 % for 10k miles. Base MF is still .00127. If looking for a different model, let me know and ill put up the correct RV.
 
That is correct on the Conquest Cash. Only available on the 328's and 528's. Only Loyalty Cash on X5's but sign up at your local dealer for the Ultimate Driving Event so you can qualify for the $1000 incentive

#2269 of 2269 Re: BMW x5 Premium - 36 and 39 month [jasonmdbmw] by gotigers1

Jun 18, 2013 (5:22 pm)

Replying to: jasonmdbmw (Jun 17, 2013 2:28 pm)
Thanks jasonmdbmw. To make sure I don't confuse the two, what are the numbers for 39 months?
 
Unfortunately the driving event isn't at any dealers close to me...
 
Appreciate the help
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