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BMW X5 Lease Questions

1108 messages, Last post on Nov 22, 2009 at 6:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: dpeck1 (Jul 01, 2009 9:52 am) 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
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Replying to: ardvarkus (Jul 02, 2009 5:05 pm)
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Replying to: Car_man (Jun 29, 2009 4:35 am) 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
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Replying to: dpeck1 (Jul 02, 2009 5:58 pm) 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. |
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Replying to: yz1281 (Jul 02, 2009 3:39 pm) 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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Replying to: rahulskh (Jul 05, 2009 8:01 am) Dealers are often allowed to mark vehicles' money factors up, and BMW dealers are notorious for doing so. Savvy customers who are in an area that has a decent level of competition can usually convince dealers to use the buy rate to calculate their monthly payment. Typically 36 month leases provide much lower monthly payments than 24 month leases. This is because new vehicles experience their most rapid depreciation hit during the first year of ownership. Thirty-six month leases have an extra twelve payments to spread out this large initial depreciation hit out over. I don't know exactly when the 2010 X5 is scheduled to arrive at dealers. When the 2010s do begin to arrive, I suspect that you will be able to negotiate a selling price that's fairly close to dealer invoice, perhaps a couple hundred dollars over, minus any available cash incentives on a leftover '09 model. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: yz1281 (Jul 02, 2009 3:39 pm) So what is a good negotiated sales price on an x5 that has a Msrp of approx, 58K ?
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Just started lease search for x5 diesel. first try: Premium Pkg., Cold Weather Pkg., Rear Climate Pkg. & Ipod Adapter.36 Months, 12,000 miles. $0 down as cap cost. The payment is $729.99 including tax with $2799.00 due at inception this includes the First Month, Motor Vehicle Charges, The Bank Acquisition fee,.dealer conveyance & $799 Security Deposit. what i can figure is MSRP is $57975 and Invoice is $53,350. This initial quote is pretty awful i think. any comments? ps. sales tax here is ~6% Thanks |
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Carman: I have been holding off ordering an X5 for lease. The MF is .0018, (4.32%). Do you think BMW will lower that rate come August? Thanks. DP
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Replying to: yz1281 (Jul 06, 2009 3:07 am) Make sure to stop by the "BMW X5 Prices Paid and Buying Experience" discussion for additional feedback on how much you should pay for this truck right now. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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