2262 messages,
Last post on May 19, 2013 at 9:01 AM
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BMW X5, Car Leasing, SUV
#1480 of 2262 Re: X5 Premium Lease [romssky]
by ras912
Jan 21, 2011 (11:27 am)
In my opinion, your discount off of msrp is better than average. It could be a little deeper but you are not that far off. I do not see posted lease rates http://www.ridewithg.com/index.php/2011/01/2011-bmw-lease-rates-january-2011/ for 10k miles/yr but the residual is right on the mark and their MF is less than the published 15k rates. Just make sure the acq. fee is $725 not $925 and that there aren't a ton of dealer fees added.
Also, if you have extra cash, ask your dealer about multiple security deposits to further buy down the money factor.
#1481 of 2262 Re: X5 Premium Lease [ras912]
by romssky
Jan 21, 2011 (12:39 pm)
Thanks. In your opinion what's the best/realistic discount of MSRP I can get?
#1482 of 2262 Re: X5 Premium Lease [romssky]
by ras912
Jan 21, 2011 (1:25 pm)
Negotiate from dealer invoice UP not MSRP down. I'd spend the $14 and buy the consumer reports guide for your vehicle. Figure out Invoice and target an acceptabel selling price for $500-1000 above invoice.
#1483 of 2262 Current X5 35i Premium lease rates
by dang1776
Jan 25, 2011 (7:40 pm)
Car Man,
What is the current buy rate lease money factor and residual value for a 2011 X5 35i Premium on a 36 month lease and 10k/yr of miles? I am a first time BMW customer in NY and do not want to put any money down except potentially for security deposits.
Thank you
#1484 of 2262 Re: Current X5 35i Premium lease rates [dang1776]
by Car_man HOST
Jan 30, 2011 (12:03 pm)
Here you go, dang1776. BMW Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i Premium with 10,000 miles per year are .00140 and 58%, respectively for consumers who qualify for its top credit tiers.
This vehicle's money factor is reduced to .00110 for loyal customers.
Car_man
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#1485 of 2262 February Rates?
by pcrispy
Jan 31, 2011 (10:30 am)
Wondering if you know what the February rates are yet? I am interested in a 36 month, 12,000 miles per year on either a Premium or Sport Activity.
Also, what gets the "loyal customer" status for the lower money factor? I purchased a used X3 at the same dealership about 2 years ago, but didn't know if that would count for anything.
My dealer thought the numbers I was getting at LeaseCompare where way too low, I just think that they were assuming that I would be a sucker at paying MSRP.
#1486 of 2262 Re: February Rates? [pcrispy]
by Car_man HOST
Feb 02, 2011 (4:48 pm)
Hi pcrispy. BMW's January lease program was scheduled to run through the end of February.
Current BMW owners and lessees are eligible for the improved, loyalty money factor. If you still have your X3 there's a good chance that you qualify for it.
Car_man
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#1487 of 2262 Re: X5 35i Lease Question [kyfdx]
by metamindwerx
Feb 02, 2011 (11:48 pm)
I own a 2008 X5 4.8i, I bought it used, and I paid cash for it from a non-BMW dealer - but I have obviously had it serviced by my BMW dealer. I still have it, and I'm getting close to signing my deal, and my question is: do I qualify for the loyal customer incentives, even though I haven't been a BMWFS client? Also, what are the incentives for loyalty presently? What are current money factors for 2011 X5 35i sports activity?
Thanks! You all have been a terrific help!
#1488 of 2262 Re: X5 35i Lease Question [metamindwerx]
by Car_man HOST
Feb 07, 2011 (6:05 pm)
That's a good question, metamindwerx. I suspect that you do indeed qualify as a loyal BMW customer.
BMW Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i Sports Activity with 15,000 miles per year are .00155 and 56%, respectively for consumers who qualify for its top credit tiers.
This truck's money factor improves to .00125 for loyal customers.
Car_man
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#1489 of 2262 Re: X5 35i Lease Question [Car_man]
by metamindwerx
Feb 07, 2011 (8:39 pm)
My dealer tells me that the $2500 holiday cash is $2408.40, because they say that the funds are taxed - is there any truth to this, or is it BS?