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BMW X5 Lease Questions

1117 messages, Last post on Dec 06, 2009 at 9:09 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: drtravel (Sep 10, 2005 9:39 am) With the additional $697 it comes to $394/mo according to my calculations. I got the same $415 as you did without that. Strange they would mention the selling cost and the 3000 down pmt, but not put the 697 anywhere in the ad. If they are expecting the purchaser to put the additional money down they have to call out what it is, don't they? Other wise it looks like the same 36mo, 10k/yr lease that I was talking about. Even with $7488 off, the money factor of .0028 (or 6.7% interest) is killing any chance of me leasing an X5. But since the local dealers have an average of about 5-7 05's on the lot right now, they are not worried about it.
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Replying to: drtravel (Sep 10, 2005 9:39 am) I think that is the correct money factor... regards, kyfdx Host-Prices Paid Forums |
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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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Hi tpjcourtney. When BMW introduced the dealer cash that is is now providing on the 2005 X5 it cut way back on its lease money factor support. Its September buy rate lease money factor for a 36 month lease of any '05 X5 model through BMW FS should be .00250. Make sure to take the $5,000 dealer cash that BMW is providing on the '05 X5 3.0i and $6,500 that it has on the '05 X5 4.4i this month into account when you are negotiating your vehicle's capitalized cost. If you are good at negotiating you will get a dealer's rock bottom price for the vehicle that you want, regardless of whether you buy one or two at a time. If their selling prices are already as low as they are going to do, there's no reason for a dealer to sell you a vehicle at a loss or at least for less than they could get by selling it to another individual just because you are buying two. Car_man Host Smart Shopper / Prices Paid Forums |
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Here's the information that you are looking for, peachtree103. If you were to lease a 2005 BMW X5 3.0 or 4.4 (their lease programs are the same) through BMW Financial Services right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00250 and 59%, respectively. The numbers for an otherwise identical 30 month lease should be .00250 and 55%. Yes, the aforementioned dealer cash can be used to reduce the capitalized costs of vehicles leased through BMW FS. Car_man Host Smart Shopper / Prices Paid Forums
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Hi Jay. We are already at the end of the 2005 model year. You will have to wait until at least October for the 2006 X5 to be as cheap to lease as the 2005 model currently is. Of course, it is difficult to tell what manufacturers will do with their future incentives with 100% accuracy. You should be able to get a good idea of what BMW's current lease program and dealer cash are on the truck that you are interested in by reading my previous two posts. If you provide me with a full MSRP (with the destination charge added in) and selling price for the exact truck that you are interested in, I would be happy to calculate a sample lease payment on it for you. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 12, 2005 3:30 am) |
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MSRP of $43,670 (Invoice is $35,030) Cap cost is 35940 ($2,500 down + $5,000 incentive + $230 off) 57% residual money factor of 0.0025 payment is $458.97 + tax dealer is still making $3,410 on the car - seems high
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Replying to: drtravel (Sep 14, 2005 2:00 pm) I haven't reverse-engineered the payment from the ad, but I do notice that the cap cost includes the acquisition fee of $625, so the discount you calculated would be at least $625 more. regards, kyfdx Host-Prices Paid Forums |
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You're very welcome peachtree103. I'm glad that you like the new lease questions layout. Car_man Host Smart Shopper / Prices Paid Forums
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