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BMW X5 Lease Questions

1096 messages,  Last post on Nov 08, 2009 at 6:57 AM

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


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#1005 of 1096
I want to lease a new X5 by mangooler
Jul 02, 2009 (12:09 pm)
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I want to lease a new X5
 
Sgolshani1gmail.com
#1007 of 1096
Re: I want to lease a new X5 [mangooler] by tidester HOST
Jul 02, 2009 (1:31 pm)
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Replying to: mangooler (Jul 02, 2009 12:09 pm)

I want to lease a new X5
 
And, ... ?
 
tidester, host
SUVs and Smart Shopper
#1009 of 1096
X5 lease help by yz1281
Jul 02, 2009 (3:39 pm)
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Car man
 
im in Texas, I am dealing on an x5 30i
MSRP 58,370
SALE PRICE 57,370
CCR 0
APR 6.5%
RESIDUAL 55%
MILEAGE 15K
REBATE 1750
SECURITY DEP. 0
 
This was the dealers first offer. Im not very happy with it. What should residual and apr. be on that vehicle? This is not an instock vehicle. It would be transferred in from about 300 miles away.Should There be a charge for that.? Also im turning in a 3 series that is 6k under on mileage is there any credit there? Also dealer told me 6.5% apr is not negotiable on lease program is this true?
 
Sorry so many questions just trying to be prepared for next round!
 
Thanks in advance.
#1010 of 1096
Re: X5 diesels further incentives [dpeck1] by ardvarkus
Jul 02, 2009 (5:05 pm)
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Replying to: dpeck1 (Jul 01, 2009 9:52 am)

I heard the same thing, BUT NEED SOME CONFIRMATION!
 
I am actually pretty surprised folks aren't talking about it, make me wonder... but your post is exactly what I heard from a salesperson (who might have spoken too soon)
 
Not sure if it is a cash rebate, dealer incentive or lease incentive.
 
Anyone????
 
A
#1011 of 1096
Re: X5 diesels further incentives by dpeck1
Jul 02, 2009 (5:58 pm)
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Replying to: ardvarkus (Jul 02, 2009 5:05 pm)

Found out from two dealers it is a $4,500 options credit in liu of the $1750 offered now. HOWEVER, if you lease, they bumped the rate up from .0018 (4.32%) to .0025 (6%), so really doesn't save a whole lot. But if you figure that most dealers will give you $4,000 off MSRP, you could save $8,500 on the 35d. Just pray the price of diesel stays low and that you can find it.
#1012 of 1096
Re: Leasing 09 BMW X5 [Car_man] by rahulskh
Jul 05, 2009 (8:01 am)
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Replying to: Car_man (Jun 29, 2009 4:35 am)

Thanks for your advise Car_man! I still have a months time for my other lease to expire and thats when I would start shopping aggresively for x5. Had couple of more questions.
1) Is money factor purely based on credit score?
2) What is max money factor?
3) Do you think which would give me lower payments 24 months or 36 months?
4) What would be your preference 24 or 36 mths?
5) Do you know when 2010 is coming out?
6) Do you think if I wait for 2010 to come out I can get 10k off of the MSRP (59k)?
 
Please let me know.
Thanks
#1013 of 1096
Re: X5 diesels further incentives [dpeck1] by ardvarkus
Jul 05, 2009 (10:23 am)
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Replying to: dpeck1 (Jul 02, 2009 5:58 pm)

Yes, it replaces the 1750 lease credit.
 
The good news is that the 4500 is a straight reduction in the cost to the dealer- so it can be applied to a purchase, loan or lease.
 
I never lease, I purchase or use a line of credit, so creative financing is useless. Give me a lower cost!
 

 
A
 
PS "Find diesel"?!?! You must not own a diesel. For me an F2504x4 PSD and a diesel tractor, and finding diesel (think truck stops) is never a problem.... in hundreds of thousands of miles...
#1014 of 1096
Re: X5 lease help [yz1281] by Car_man HOST
Jul 06, 2009 (1:50 am)
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Replying to: yz1281 (Jul 02, 2009 3:39 pm)

Hi yz1281. BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2009 X5 3 with 15,000 miles per year are .00180 and 55%, respectively. A money factor of .00180 is equivalent to an interest rate of around 4.3%. I wonder if the dealer quoted you a balloon note on this truck. Given the fact that you are in Texas it would not surprise me.
 
Dealers do not usually tack on an explicit charge for swapping for a vehicle, but don't expect to get the best possible deal on one that the dealer has to go out and get. Dealers would much rather sell you something that they have in stock.
 
Unfortunately, lessees do not get any credit for unused mileage.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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