2262 messages,
Last post on May 19, 2013 at 9:01 AM
You are in the
Prices Paid - Buying & Leasing Experiences Forum.
What is this discussion about?
BMW X5, Car Leasing, SUV
#1536 of 2262 Re: X5 xDrive35i Premium & Diesel [raksgal]
by Car_man HOST
Mar 22, 2011 (5:15 pm)
Hi raksgal. BMW Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 Diesel with 15,000 miles per year are .00205 and 53%, respectively.
This factor would be .00030 lower for loyal customers. The residual value would be 2% higher for a lease with only 12,000 miles per year.
When negotiating your lease, make sure to find out what selling price the dealer is charging you for the truck that you're interested in. the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number it is difficult to tell how large a dealer discount you are being given and in turn if there is any room left to negotiate.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1537 of 2262 Re: Lease Program for 2012 X5 [bmwpower2010]
by Car_man HOST
Mar 22, 2011 (5:17 pm)
Hi bmwpower2010. BMW Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2012 X5 35i Sport Activity with 15,000 miles per year are .00200 and 58%, respectively.
This factor is lowered by .00030 for loyal customers.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1538 of 2262 Re: X5 Lease rates-March [rseale1]
by Car_man HOST
Mar 22, 2011 (5:30 pm)
Hi rseale1. BMW Financial Services' March 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 .00185 and 59%, respectively.
The numbers for the base model are .00200 and 56%.
These money factors are .00030 lower for loyal customers.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1539 of 2262 Re: lease contract variables [mannydom]
by Car_man HOST
Mar 22, 2011 (5:38 pm)
Hi mannydom. The answer to your question is yes...and no. Vehicles' residual values are essentially set in stone and are not negotiable.
Banks set vehicles' buy rate lease money factors. This is the lowest rate that dealers are allowed to charge on vehicles. Dealers are however often allowed to mark vehicles' money factors up to add additional hidden profit to deals. BMW dealers are notorious for doing this. That is why it is important to always find out what your vehicle's buy rate is before leasing it.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1540 of 2262 Re: Need help to calculate Numbers [raksgal]
by Car_man HOST
Mar 22, 2011 (5:39 pm)
I'd be happy to work up a payment for you, raksgal. However in order for me to do so I need you to provide me this vehicle's MSRP as well.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1541 of 2262 Re: Need help to calculate Numbers [Car_man]
by raksgal
Mar 23, 2011 (4:07 pm)
Car_man,
For 2011 BMW X5 Diesel with the following specs:
36m/12K Miles
MSRP: $62,000
BEST Selling Price: $55,600 ...I am targeting $54,000
Tech package, Premium package, Ipod USB adapter, Heated front seats, Running boards, 3rd row seat and Roof rails
Vermilion Red metallic with Beige Interior and Dark Burl walnut wood trim
Can you please help me with the BEST (most econmical) quote I should be aiming for ?
I really appreciate your input
Thanks
#1542 of 2262 Re: Need help to calculate Numbers [raksgal]
by ab10000
Mar 23, 2011 (7:39 pm)
I think 54k is fair for 2011
BMW is taking orders for 2012
Check the deals for 2012
#1543 of 2262 Re: Need help to calculate Numbers [ab10000]
by raksgal
Mar 23, 2011 (9:29 pm)
For 2012, BMW included several options in the base, but also bumped up the base price by almost 4K I guess. It may or may not work. I will check that as well
#1544 of 2262 Re: Need help to calculate Numbers [raksgal]
by raksgal
Mar 23, 2011 (9:43 pm)
As per True Car, the recommended best price is $53,000 only.
#1545 of 2262 Re: X5 xDrive35i Premium & Diesel [a8175]
by ab10000
Mar 23, 2011 (9:54 pm)
What is the MSRP and selling price?
Sound like a great deal
Which dealer is this?