2262 messages,
Last post on May 19, 2013 at 9:01 AM
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BMW X5, Car Leasing, SUV
#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)
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.
#1186 of 2262 2010 X5 Lease Deal in March
by oiakou
Apr 06, 2010 (6:03 pm)
This forum has been very helpful for me, so posting this info for those looking for the last few of 2010 3.0 X5 remaining on the market. I pulled the trigger on the following lease on March 31st, 2010.
Car: MSRP: 58125 (Base 47600, Cold Weather Pkg 1250, Premium 3400, Rear Climate Pkg 900, Tech Pkg 2800, Spare 150, Running Boards 300, Roof Rails 100, iPod&USB 400, Sat Radio 350, Dest 875)
Lease: 36mo, 10K/year
Monthly: 740.87 including NY Tax
Out of Pocket: 2922
Lease Details:
Buy Price: 53990.10
Adjusted Cap Cost: 56344.13
Out of pocket: 2922 (Capt Cost Reduction 76, 1st Mo 740, Sec Deposit 750, Reg Fee 295, Acq Fee 875, Doc Fee 185)
#1188 of 2262 Please give comments and pricing assistance on this lease
by wildcat_1
Apr 12, 2010 (12:02 am)
Hi all
I am in the market for an X5 lease (my expedition lease is coming to an end). I am still on the fence about the diesel or petrol (worried about adblue costs and whether with gas prices will still save money) and am also wondering at this point is it better to lease a 2011 and build new (would be a 35d or 35i Premium). Here were the 2010 builds I put together. I was hoping someone could give me some idea on what would be a great deal on these here in CO. Last question, would the cold weather here in CO affect the diesel performance a lot ?
Thanks all in advance for any help you can give me. My current lease ends in June so need to get something rolling soon:
X5 35d
Base MSRP $51,300
Alpine White $0
Sand Beige Nevada Leather $0
Dark Burl Walnut wood trim $0
Premium Package $3,400
Rear Climate Package $900
Sport Activity Package $2,200
• Multi-contour seats
$900
Technology Package $2,800
Heated front seats $500
Roof rails $100
Running boards $300
Smartphone Integration $150
iPod and USB adapter $400
Aerodynamic Kit $1,211
Destination & Handling: $875
Total MSRP as Built $65,036
X5 4.8i
Base MSRP $56,300
Alpine White $0
Sand Beige Nevada Leather $0
Dark Burl Walnut wood trim $0
Premium Package $2,200
Rear Climate Package $900
Sport Activity Package $2,200
• Multi-contour seats
$900
Technology Package $2,800
Heated front seats $500
Roof rails $100
Running boards $300
Aerodynamic Kit $1,211
Destination & Handling: $875
Total MSRP as Built $68,286
#1189 of 2262 Re: Update on X5 50i [abuckus]
by Car_man HOST
Apr 12, 2010 (3:14 am)
Hi abuckus. Here 's the answers to the questions that you asked:
1) $1,000 over dealer invoice sounds reasonable for a 2011 X5 to me, though you might be able to shave a couple hundred dollars off of that if you are in an area that has a decent level of competition and you shop around.
2) The money factor ad residual value that you were quoted look good.
3) BMW's current lease program is scheduled to run through April 30th. It's difficult to say what its MAy lease program for this truck will be like, but if you're not in a hurry I don't think that you have anything to lose by waiting to lease a 2011 model. While BMW has a decent level of lease support on 2010 models, its programs on 2011 models aren't really that great yet.
4) BMW is providing special lower money factors on certain 2010 models for loyal customers (1- & 3-Series), but it does not have any loyalty programs on 2011 models yet.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1190 of 2262 Re: Is this a good deal for BMW X5d [wicked4u2c]
by 5starride
Apr 13, 2010 (8:03 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"
Not a good deal at all. My 2011 35i came in at just under $58k, 36mo with 10k/yr.
Final cost is $817/mo with taxes included, $0 down, $1200 out the door.
#1191 of 2262 BMW Financial question
by kabbalah
Apr 14, 2010 (8:00 am)
I am coming off my 3rd X5 lease in 4 months, and 4th BMW in 15 years. Looking to do another one. Does BMW financial look closely at credit scores? up until this past year my credit rating was sky high. Due to the economy etc that has all changed and it's pretty bad now. X5 lease is current and up to date although there were a few late charges. Credit cards were the problem and i have been making settlements with them but I'm not done. Will this be a major problem with BMW financial? I've also been told that if you lease a new vehicle in the last 3 months of the contract that BMW will waive the last payments. Any truth to this?
How easy or likely is it to purchase X5 at end of lease term at a discount from the residual value, and will BMW financial finance it?
thanks
#1192 of 2262 Re: BMW Financial question [kabbalah]
by jayrider
Apr 14, 2010 (12:52 pm)
Credit scores count -- especially if there is a preferred rate. They may cut you some slack if you have been on time with your current lease payments -- or not. Just discuss it with your finance mgr. Now, if you need time to sort out your credit issues I suggest walking away from the X5. You don't appear to be in the right place for a super premium ride. All is not lost. The Mazda 5 comes to mind -- brand new from 17-21k depending on the model. Kia Rondo -- Hyundai Elantra Touring -- Just step back for a few years -- late model impalas are great buys.
Leasing is tougher than buying when credit issues are involved. Good luck.
#1193 of 2262 Re: BMW Financial question [jayrider]
by kabbalah
Apr 14, 2010 (3:35 pm)
Thanks for your input but I need one of the hosts or a BMW guy to answer for me.