Last post on Dec 05, 2013 at 10:43 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, Car Leasing, SUV
#2365 of 2374 2011 X5 xDrive35i Premium lease end help!!!
Nov 27, 2013 (5:59 pm)
Hopefully you guys can help me make a decision. My 2011 X5 xDrive35i Premium with tech and winter package lease is up in March and I'm torn between keeping the car or selling/trading in for a new 2014 x5. A few months back, my residual was a few thousand below market price but now it seems about even.
Anyone have a suggestion?
Lease up in March 2014 with residual value of $34,900.
Dec 2012 Lease Payoff $38,900.
Options I can think of:
Keep the car--Lease end buyout for $34,900
Buy the car and sell it to a private party
Negotiate for a 2014 x5 using my lease end residual
Thanks in advance!
#2366 of 2374 Re: 2011 X5 xDrive35i Premium lease end help!!! [livingrichly]
Nov 27, 2013 (6:24 pm)
When you factor in maintenance, warranty and all that jazz it is usually cheaper to get a new one. I was going to buy out my E92 328x drive but when I favored in 3k for a warranty to 100k and figured minimum 1k for maintenance (I had not yet replaced the brakes) it was cheaper to lease a new 5 series.
#2367 of 2374 Re: 2011 X5 xDrive35i Premium lease end help!!! [ponytrekker]
Nov 27, 2013 (6:29 pm)
Warranty coverage renewals are worrying me too. What did you do with your e92? Just returned it or made some type of deal?
#2368 of 2374 Re: 2011 X5 xDrive35i Premium lease end help!!! [livingrichly]
by kyfdx@Edmunds HOST
Nov 28, 2013 (6:34 am)
I would be inclined to lease a new one, as well.... but, what's the rush? The new X5 is in pretty high demand, right now.. I'd wait until closer to lease end, and hopefully, better deals will be there to be had...
#2369 of 2374 Re: 2011 X5 xDrive35i Premium lease end help!!! [livingrichly]
Nov 28, 2013 (7:27 am)
You can also make them an offer, when returning your car. A few years back I offered them $2000 less than the residual and they went for it. It took a few dealers, but it was worth it. They certified my X5, put 4 new tires on it and detailed it. They did what they would do if they were going to sell it, which is what they did with a pre set buyer, me Try it out and tell them it would be easy for them, they don't have to have the car sit on their lot etc etc.
#2370 of 2374 Re: 2011 X5 xDrive35i Premium lease end help!!! [livingrichly]
Nov 28, 2013 (7:37 am)
returned 3 mo early w bmw eating the last 3 payments. Pull ahead program.
#2371 of 2374 December Lease Rate for 2014 X5 5.0
Dec 02, 2013 (12:18 pm)
Hi Car Man,
Can you please provide December lease rates and residuals for 2014 X5 5.0 10k?
I hope they are better then Nov ones!
#2372 of 2374 Re: December Lease Rate for 2014 X5 5.0 [feliksny]
by kyfdx@Edmunds HOST
Dec 02, 2013 (3:38 pm)
The numbers have not changed from November..
Dec 04, 2013 (8:30 pm)
are diesel #'s out yet?
Dec 05, 2013 (10:43 am)
Sorry my question was a bit short.
Are there 2014 diesel #'s out yet? if so can you share the 36 month residual? Assuming the MF is .00125?
Can you also share the 2013 #'s for the diesel? Also, does the 2013 still have the eco-credit available? Any option credits? For some reason BMW has pulled 2013 info off their website just for the X5 (they left 3 and 5 series stuff up there)