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BMW X5 Lease Questions

1108 messages, Last post on Nov 22, 2009 at 6:35 PM
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i just started the shopping process and was quoted the following: MSRP 56075 2500 lease buy-down from BMW 5171 out of pocket 3yr/36k 655/mo w/o taxes (702 w/ taxes) i don't think it matters as far as loyalty discounts go, but i currently have a lease on a 750 that will terminate soon. the offer above doesn't seem all that great to me - any thoughts?
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i'm in the process of finalizing my lease deal but i feel as if they are playing with numbers quoting me outrageous numbers. can someone tell me what an appropriate monthly payment should be as well as out of pocket cost? msrp is $58,625 negotiated it down to $55,810 after bmw holiday saving of $2,500 it is $53,310. lease for 36months/10,000miles $0 downpay. what's exactly included in out of pocket cost? does anyone know how to calculate monthly payment? thanks.
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Replying to: bjordan1 (Nov 04, 2009 3:40 pm) |
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Replying to: stanesq (Nov 05, 2009 9:41 am)
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Replying to: jpmp (Nov 05, 2009 10:10 am) X5 is not in high demand and dealers are concerned that when the 2011 coming in march becomes VERY public knowledge wthey will have a hard time selling 2010s X5s |
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Replying to: jpmp (Nov 05, 2009 10:10 am) tidester, host SUVs and Smart Shopper
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Replying to: tidester (Nov 05, 2009 10:38 pm) |
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What is the current money factor and residual for 2010 BMW X5 35d, 36 month and 10,000 miles year. How is BMW calculating the current offer of 559/mo, I tried using the calculate lease formula's, but unless there using a near zero MF. i'm not close. Thanks
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Replying to: dutche (Nov 06, 2009 3:13 pm) MSRP 55, 925, Security Deposit 600, Acquisition Fee 725, 36 mo, 10K, Cap Cost Reduction 4,100. Back-calculating I got a figure of 49,650 for the gross cap. cost, which resulted in the $559/mo figure. I was at the dealer yesterday for a X5d test drive and asked them about this calculation and they confirmed the 49,650 figure. When asked how this works got the following indication (never a straight answer of course): MSRP 55,925 - Eco Credit 4,500 - Dealer Conribution 1,775 = 49,650. I mentioned that MB doesn't say the 4,500 is rolled into the cap cost figure and they said "Yes, it is not very clearly worded". Of course on the mbworld.com forums people mentioned that for the 2010 X5d they are getting $500 over invoice (51,480 per Edmunds) and then still have the 4,500 to apply to the cap reduction, so basically 47,500 for the cap cost in the lease calculation. One poster sent me the name of a dealer in Arizona who will do the 500 over deal. Hope the above answers your question.
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Replying to: dhkhan (Nov 07, 2009 9:10 am)
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