2269 messages,
Last post on Jun 18, 2013 at 5:22 PM
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BMW X5, Car Leasing, SUV
#1449 of 2269 Help With Lease for 2011 BMW X5 35i Premium
by wsp13
Dec 11, 2010 (9:56 am)
Can someone please help me review the following two lease offers I have received from two different dealerships. I have never leased a vehicle before and would like to know if I am getting a good deal or not. The lease is for the following vehicle:
New 2011 BMW X5 35i Premium with
- Convenience Pkg
- Technology Pkg
- Running Boards
- Heated Front Seats
- BMW Assist w/ Bluetooth
- Park Distance Control
-Premium Stereo
-Satellite Radio w/ 1yr Subscription
-Navigation System
MSRP is $61,713.00
Lease Offer # 1:
(not including tax or tag):
36 Month Lease
15K miles per year
$55769 Cap Cost
$33508.75 Residual (Lease end Purchase Price)
.00200 Money Factor
$0 Down Payment
$796.90 Per month
$1521.90 Total due at signing includes:
$796.90 First Payment
$725 Lease Acquisition Fee
$28688.40 Total of payments(including first payment collected at signing)
Lease Offer # 2:
56,290
$499 doc fee
$68 title
3% NC Sales Tax
$2500 rebate,
Acquisition fee $725 (cost)
Money factor (0.00215 buy rate)
36 month lease
15000 miles a year (55% residual) : $871/month (the $2500 rebate covers your upfronts :first months pmt and doc fee and monthly taxes and more)
Residual at end is $33536.25 (then you can drop the car off, lease a new one, or buy yours back)
What do you guys think about these two offers?
#1451 of 2269 Re: lease for 2011 BMW X5 35i Premium [car4less12]
by jwalter007
Dec 15, 2010 (1:53 pm)
This looks like most of the others I'm seeing.
4.8% MF the resi is in line with others based on the mileage & everyones getting about 5K off MSRP, which includes the 2500 holiday deal.
Run the cost thru Truecar to see what other ppl pay.
great price = 59296
AVg = 59956
#1452 of 2269 Re: Help With Lease for 2011 BMW X5 35i Premium [wsp13]
by jmd123
Dec 16, 2010 (9:58 am)
Do those monthly rates include sales tax?
#1453 of 2269 What should I expect to pay
by jmd123
Dec 16, 2010 (10:04 am)
Hello all,
I live in Los Angeles
I am going to lease an X5 Premium
Convenience Package
Technology Package
MSRP 58,625
On a 36 month 12K miles per year. Min drive off what Should I expect to pay?
THANKS
#1454 of 2269 Re: Help With Lease for 2011 BMW X5 35i Premium [jmd123]
by wsp13
Dec 16, 2010 (10:18 am)
No, the sales tax was not included in the payment. The sales tax would increase the payment an additional $47.20 each month.
Has anyone ever tried a balloon payment?
#1455 of 2269 Re: X5 35i Premium/X5 35d- December numbers [greg1981]
by Car_man HOST
Dec 19, 2010 (5:46 pm)
I certainly do, greg1981. BMW Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i Premium with 12,000 miles per year are .00200 and 57%, respectively for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical lease of a 2011 X5 35d are .00220 and 56%.
Yes, the cash incentives that you mentioned are indeed still available. As long as you officially place your order in December you should be able to lock in the current program and take delivery in January.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1456 of 2269 Re: Dec X5 diesel numbers [hachee2001]
by Car_man HOST
Dec 19, 2010 (5:48 pm)
Hey hachee2001. The cash incentives that you mentioned are indeed still available in December.
BMW Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 diesel with 10,000 miles per year are .00220 and 57%, respectively.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1457 of 2269 S.F Bay area dealer
by topgun7
Dec 21, 2010 (12:34 am)
Anyone use a San Francisco area Dealer recently? I am shopping for an X5 and hoping to get the rebate before end of the year.. Any recommendation?