BMW X5 Lease Questions

2262 messages,  Last post on May 19, 2013 at 9:01 AM

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What is this discussion about? 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)

Replying to: so190 (Aug 21, 2009 12:01 am)
Payment?
 
Selling price?

#1039 of 2262 Re: 2009 X5 4.8 lease question [Car_man] by elansp

Aug 21, 2009 (10:21 am)

Replying to: Car_man (Aug 20, 2009 2:46 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)

Replying to: kyfdx (Aug 21, 2009 4:19 am)
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)

Replying to: kyfdx (Aug 21, 2009 4:19 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)

Replying to: elansp (Aug 21, 2009 10:21 am)
$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)

Replying to: dpeck1 (Aug 29, 2009 2:43 pm)
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)

Replying to: teck2u2 (Jun 22, 2009 8:40 pm)
How much is your monthly payement? Maybe I missed it.
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