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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

Messages Page 119 of 227

#1176 of 2262 Re: Help with 2001 X5 lease info [djaystone] by Car_man HOST

Mar 30, 2010 (4:11 am)

Replying to: djaystone (Mar 11, 2010 6:55 pm)
Hi djaystone. That information may not have been available when you spoke with the dealer, but it is now. BMW Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i with 12,000 miles per year are .00220 and 58%, respectively.
 
The residual value for a lease with only 12,000 miles per year would be 1% higher.
 
Car_man
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#1177 of 2262 Re: Car Man- Is This Deal Fair ? [bigpunn51] by Car_man HOST

Mar 30, 2010 (4:15 am)

Replying to: bigpunn51 (Mar 19, 2010 2:45 pm)
Hi bigpunn51. the money factor that you were quoted is right in line with a lease of this truck to a non-returning customer who wants to have their vehicle's security deposit waived. If that's what you are, then it looks good.
 
The truck that you're interested in probably has a spread of around $4,500 between its full MSRP and its dealer invoice price. You were quoted a $3,425 discount on it. That's probably around $1,000 over invoice, which isn't bad. You might be able to shave another couple hundred dollars off by comparison shopping, but this isn't a bad deal.
 
Car_man
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#1178 of 2262 Re: 2011 X5 10K/36mo lease [oiakou] by Car_man HOST

Mar 31, 2010 (2:44 am)

Replying to: oiakou (Mar 20, 2010 7:23 pm)
I'd be happy to, oiakou. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i with 15,000 miles per year are .00220 and 56%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1179 of 2262 Re: 2010 X5 Diesel vs wait for 2011 [pnbn] by Car_man HOST

Mar 31, 2010 (2:48 am)

Replying to: pnbn (Mar 27, 2010 2:15 pm)
Hi pnbn. The $4,500 credit is available on the 2011 X5 diesel as well, so don't worry about missing out on it by waiting. If I was in your shoes, I definitely would not waste the final three payments on my current lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1180 of 2262 Is this a good deal for BMW X5d by wicked4u2c

Apr 03, 2010 (9:39 am)

What should I be paying for this car? Here are the numbers the dealer quoted me.
 
Thanks in advance!
 
VEHICLE: 2010
BMW X5 xDrive35d
COLOR: Alpine White
UPHOLSTERY: Black Nevada Leather
 
Base Price $51,300.00
0ZPP Premium Package 3,400.00
0328 Running Boards 300.00
0386 Roof rails 100.00
04AZ Dark Bamboo Wood Trim 0.00
06FL iPod and USB Adapter 400.00
 
Destination and Handling 875.00
TOTAL AS EQUIPPED $56,375.00
SELLING PRICE $50,875.00
 
Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year
Money Factor 2.7
Residual Factor 56%
 
Selling Price $50,875.00
Bank Fee $925.00
 
Total Capitalized Cost
$51,800.00
 
Residual Value $31,570.00
Total Depreciation $20,230.00
Capital Reduction ($0.00)
Monthly Depreciation $561.94
Monthly Rent $225.10
 
Monthly Payment $787.04
Tax (8.75%) $68.87
 
Monthly Payment + Tax $855.91
 
Capital Reduction ($0.00)
Cap Reduction Tax (8.75%) $3.94
License & Registration $696.75
Documentation Fee $45.00
First Payment $855.91
Security Deposit $900.00
 
Drive Off $2,501.60
 
Trade Equity $0.00
Rebate $0.00
 
Due at Signing $2,501.60

#1181 of 2262 Re: Is this a good deal for BMW X5d [wicked4u2c] by kyfdx HOST

Apr 03, 2010 (10:03 am)

Replying to: wicked4u2c (Apr 03, 2010 9:39 am)
A few things...
 
1) There is a $4500 rebate (eco-credit) on the diesel.. This means they are only giving you a $1000 discount from MSRP. I'll be generous to the dealer, and say you should get at least a $2000 discount (if not more).
 
2) The base acquisition fee is $725.. they are marking it up the maximum allowed ($200).
 
3) I'm not sure of the April lease program, but I think the base MF is either .0023 or .0024. Since your rate is .0027, I'm going to guess they also marked this up the maximum from .0023
 
4) In case you were wondering the CAP reduction tax is on the document fee, which is taxed.
 
So.. possible savings with some negotiation (or introducing some competition).
 
$1000 lower price
$200 lower acq.fee
$33/mo. lower money factor
 
Total savings over your quote: $80 mo. + tax = $87/mo. after tax
 
$769/mo vs. $856/mo...
 
That's what I would shoot for (if not even a little less). Cars that have $4500 rebates are evidently not moving that well... There is over a $5000 spread between MSRP and Invoice on this vehicle... My example only shows a $2K discount ($1K more than your deal). You may be able to get $2500 or even $3500 discount, with shopping, negotiation and competition..
 
Every $100 lower saves you $3.25/mo. including tax. When you start negotiating thousands lower, it really adds up. Also, lower payments mean less money due upfront in the lower first payment and lower security deposit.
 
regards,
kyfdx
Host-Prices Paid Forums

#1182 of 2262 Re: Is this a good deal for BMW X5d [kyfdx] by wicked4u2c

Apr 03, 2010 (10:16 am)

Replying to: kyfdx (Apr 03, 2010 10:03 am)
Thank you so much for your information! You have been very helpful

#1183 of 2262 Re: Is this a good deal for BMW X5d [wicked4u2c] by pinup22

Apr 03, 2010 (9:32 pm)

Replying to: wicked4u2c (Apr 03, 2010 10:16 am)
Thoughts on leasing direct (not thru a dealership) through a company like http://www.autoleasedirect.com/ ?

#1184 of 2262 Update on X5 50i by abuckus

Apr 05, 2010 (6:28 pm)

Thanks in advance for your help!
 
1) I have an offer for a 2011 X5 50i. $1,000 over invoice. Sounds like that is a good price based on what others' experiences are?
 
2) 36 month lease; 12,000 miles annually: Quoted money factor is .00215. Residual value of 62%. Good?
 
3) Any thought that the money factor will decline in the next 45 days? It is twice the level of what is available for 2010s, apparently.
 
4) Does BMW have incentives for returning lease customers? The salesman tells me that I won't have to pay another Acquisition Fee. I did not pay a Security Deposit last time and he says that I won't this time either.
 
Thanks again for your help.

#1185 of 2262 Re: Update on X5 50i [abuckus] by jayrider

Apr 06, 2010 (1:03 pm)

Replying to: abuckus (Apr 05, 2010 6:28 pm)
If they drop the money factor they usually drop the residual. They play games. When they offer customer cash the figures also seem to be adjusted. The perfect storm of high rv + low mf + big discounts ? Probably not going to happen. At least not when YOU want to buy.

Messages Page 119 of 227

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