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Prices Paid: Buying & Leasing Experiences 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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Dear forum members, I'm in the market trying to lease a BMW X5 3.0i. I have just received a quote from one dealer and was just wondering if I could get comments from you. 10k miles / 36 month MF: 0.00235 Residual: 58% The drive off cost is Fees & Ins: $758 (the dealer said this is a bank fee) Cap Reduction: $4,990 plus 1st mo. payment plus upfront taxes minus the customer rebate of $1,750 There is also a Documentation fee of $55 and flat add/county fee of $26 to the total sales price. Am I getting an okay deal or a bad deal? First time leasing a BMW X5 so any comment / help will be appreciated. Thank you. 
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Replying to: so190 (Aug 20, 2009 11:01 pm) Selling price?
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Replying to: Car_man (Aug 20, 2009 1:46 am) Here are the details as received from dealer on a 2009 x5 4.8i: MSRP 61,970 PRICE : 57,196 He said BMW money factor - .00155 with 59% residual $8,379.56 out of pocket for 1st mo, security, DMV fees, NJ and luxury taxes, etc etc etc. This is for 10k/year 3 year term. Anyone - thoughts???
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| BTW above numbers included the $1750 credit... | |
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Replying to: kyfdx (Aug 21, 2009 3:19 am) The payment is $577+tax MSRP is $65,770 Demo vehicle with 12,993 miles The dealer said they would subtract $0.2 * the current odom of 12,993 from the MSRP to calculate the lease price. Purchase option is $34,398.. Thanks once again. |
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Replying to: kyfdx (Aug 21, 2009 3:19 am) |
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Replying to: elansp (Aug 21, 2009 9:21 am) |
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Have a deal in lease 3.0 Brass Hat purchased at BMW auction. Car has 14,000 miles. dealer claims he bought car for 50,000 and has to buy the additional miles. MSRP 57,700 The worksheet says inital cap cost 51,000 Total add cap costs 925 cash cap reduction 2500 adjusted cap cost - 49,424 MF is .0018 resideual is 53.93 % because of miles Amount due at start is 4,741 on worksheet. Dealer then applies 1750 and I owe about 3,000 upon signing with a payment of $692 oer month including taxes. 15K miles per year, 36 months. It seems that they are charging me for the miles? Good deal? Please advise if you need more info. Thanks |
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Replying to: dpeck1 (Aug 29, 2009 1:43 pm) |
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Replying to: teck2u2 (Jun 22, 2009 7:40 pm) |
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