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BMW X5 Lease Questions

1109 messages,  Last post on Nov 28, 2009 at 9:39 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1025 of 1109
Re: MF for August 2009 [usctrojan99] by Car_man HOST
Aug 04, 2009 (2:39 am)
Reply

Replying to: usctrojan99 (Aug 03, 2009 4:28 pm)

Hi usctrojan99. Here's the information that you're looking for. BMW Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2009 X5 3.0 with 15,000 miles per year are .00180 and 55%, respectively. The numbers for an otherwise identical lease of an X5 4.8 are .00155 and 56%. The numbers for an '09 X5 35d are .00250 and 55%.
 
You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
 
When negotiating your lease on the X5, make sure to take the $4,500 cash incentive that is available on the 35d or the $1,750 loyalty cash that is available on the 3.0 and 4.8 into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1026 of 1109
Re: MF for August 2009 [Car_man] by usctrojan99
Aug 04, 2009 (5:20 pm)
Reply

Replying to: Car_man (Aug 04, 2009 2:39 am)

Car_man,
Thanks for the reply. I was looking 36 months/10K miles for the lease. For the diesel, one dealer said .0025 and and another quoted .0021.
#1027 of 1109
Re: Leasees do NOT qualify [anon3] by lmil42
Aug 04, 2009 (6:06 pm)
Reply

Replying to: anon3 (Aug 01, 2009 7:09 am)

You are correct that the tax code is the authority on the subject, but an IRS press release is not if worded in conflict with the tax code. If you read in the regulations and the instructions to form 8910, the IRS clearly states that a lessee is not eligible to claim the credit. Only the purchaser or lessor is eligible for the credit.
#1028 of 1109
MF and residual by eonicks
Aug 14, 2009 (12:18 pm)
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Hi Carman, you've provided some useful information in this post. Can you tell me the MF and residual for a 2009 X5 diesel.....12000 miles per year/ 36 months?
 
Also, when calculating the residual amount....its the residual percentage multiplied by the MSRP or the negotiated selling price.
 
Thanks
 
Eric
#1029 of 1109
Re: MF and residual [eonicks] by kyfdx HOST
Aug 15, 2009 (10:38 am)
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Replying to: eonicks (Aug 14, 2009 12:18 pm)

The residual percentage is always multiplied by the MSRP.
#1030 of 1109
Re: MF for August 2009 [usctrojan99] by Car_man HOST
Aug 19, 2009 (2:57 am)
Reply

Replying to: usctrojan99 (Aug 04, 2009 5:20 pm)

No problem usctrojan99. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 X5 diesel are .00250 and 58%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1031 of 1109
Re: MF and residual [eonicks] by Car_man HOST
Aug 19, 2009 (2:59 am)
Reply

Replying to: eonicks (Aug 14, 2009 12:18 pm)

Thanks Eric. My partner in crime already told you about how residual values are calculated, so here's the information on the lease program that you wanted.
 
BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 X5 diesel with 12,000 miles per year are .00250 and 57%, respectively.
 
Don't forget about the dealer cash when negotiating your lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1032 of 1109
2009 X5 4.8 lease question by elansp
Aug 19, 2009 (5:30 pm)
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A BMW dealership near me is offering up a 2009 4.8 with an MSRP of around $62k for a lease price of $560 per month for 36 months. They want $3900 cap cost reduction to get to this per month price. Anyone have any idea if this is a good price? I'm trying to figure out the ultimate sales price as it seems as thought here is a $5k spread between invoice and MSRP and I'm wondering if there is dealer wiggle room. They have a handful of 2009's left on the lot....
 
Thanks.
#1033 of 1109
Re: 2009 X5 4.8 lease question [elansp] by Car_man HOST
Aug 20, 2009 (1:46 am)
Reply

Replying to: elansp (Aug 19, 2009 5:30 pm)

Hi elansp. You really should have the dealer tell you the selling price that they are charging you for this truck. As you know, the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without the selling price, it is difficult to tell how large a dealer discount you are being given, and in turn if there is any room left to negotiate. Let us know what this truck's selling price is and I;m sure that either myself or another knowledgeable community member will gladly tell you what they think.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1034 of 1109
Re: 2009 X5 4.8 lease question [Car_man] by elansp
Aug 20, 2009 (6:55 am)
Reply

Replying to: Car_man (Aug 20, 2009 1:46 am)

Hi CarMan-
 
Understood - as it was closing time for the dealership, I asked the salesman and he said he'd get back to me. The ad on the dealer's website doesn't indicate selling price and 10k/year. I noticed that the invoice to MSRP spread is almost $5k. For a 2009, should I be able to get it close to invoice plus any additional cash back to net my monthly payment down?
 
Thanks ina advance.

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