2262 messages,
Last post on May 19, 2013 at 9:01 AM
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BMW X5, Car Leasing, SUV
#1037 of 2262 2009 X5 3.0i Lease Quote
by so190
Aug 21, 2009 (12:01 am)
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.
#1038 of 2262 Re: 2009 X5 3.0i Lease Quote [so190]
by kyfdx HOST
Aug 21, 2009 (4:19 am)
Payment?
Selling price?
#1039 of 2262 Re: 2009 X5 4.8 lease question [Car_man]
by elansp
Aug 21, 2009 (10:21 am)
Car_man-
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???
#1040 of 2262 x5 4.8 addtional
by elansp
Aug 21, 2009 (1:43 pm)
BTW above numbers included the $1750 credit...
#1041 of 2262 Re: 2009 X5 3.0i Lease Quote [kyfdx]
by so190
Aug 21, 2009 (11:45 pm)
Kyfdx, thanks for your reply and sorry for my not including the complete info.
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.
#1042 of 2262 Re: 2009 X5 3.0i Lease Quote [kyfdx]
by so190
Aug 22, 2009 (8:29 am)
And the selling price is $53,993.. Thanks.
#1043 of 2262 Re: 2009 X5 4.8 lease question [elansp]
by jayrider
Aug 28, 2009 (4:19 pm)
$560 + $232 = $79x.xx per month zero down. $9500 a year for the priviledge of bimmering. If it's small change re your income -- why not.
#1044 of 2262 PLEASE HELP CARMAN _ END OF MONTH LEASE - NEED TO KNOW TO MAKE DEAL by 31st
by dpeck1
Aug 29, 2009 (2:43 pm)
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
#1045 of 2262 Re: PLEASE HELP CARMAN _ END OF MONTH LEASE - NEED TO KNOW TO MAKE DEAL by 31st [dpeck1]
by jayrider
Aug 30, 2009 (9:13 am)
Don't know about the lease but bmw dealer in springfield, il is advertising new x5's for 49k -- 10k off msrp. Try them for a lease.
#1046 of 2262 Re: Decisions Decisions [teck2u2]
by ccarrill
Aug 31, 2009 (9:15 am)
How much is your monthly payement? Maybe I missed it.