Last post on Dec 05, 2013 at 10:43 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, Car Leasing, SUV
#1557 of 2374 Re: Need help to calculate Numbers [zoran]
Apr 08, 2011 (4:27 am)
BMW offers a $3,500 Eco Credit on the X5 35d. It's a month to month program that has been offered every month in 2011, but is currently only valid through 5/2...unless they decide to renew it again, which is pretty likely. The financing is 4.9% for 24 - 72 months, you can do better with other lenders (Bank of America for instance). All details of Eco Credit and financing available on the BMW site and on Edmunds under X5 Pricing and Incentives.
#1558 of 2374 How do I even start?
Apr 09, 2011 (10:06 pm)
How do I even start? I have bought Acuras in the past and they have all the options, so I am a little confused on how to start pricing a BMW. Can anyone help? do I build it out on the bmw site, first, then where do I go from there? How do I get the invoice or where do I start? I know what the MSRP will be. Can anyone give me any tips? I definitely want some options added to the base vehicle. Any starting tips would be great. I am looking at buying in a few months, and don't care if I get a 2011 when 2012 comes out. Just need help figuring it all out.
Rear seat entertainment, convenience pkg, premium sound pgk, tech pkg
#1560 of 2374 Re: Need help to calculate Numbers [Car_man]
Apr 10, 2011 (5:45 am)
Carman & Icartwright,
Thank you for your answers. Please help me with the numbers calculation:
For 2011 BMW X5 Diesel with the following specs:
Tech package, Premium package, Ipod USB adapter, Heated front seats, Running boards, 3rd row seat and Roof rails
Selling Price: $53,800
Sales Tax: 8.25% for Dallas I guess
Fees: ?? (What is this number you recommend?)
36 Month lease
12,000 Miles a year
Residual: 55% (is this correct for April ?)
Money factor: .00205 (is this correct for April ?)
$3,000 Due at signing = $??? a month is the correct payment ? (please include tax as well).
I will highly appreciate your feedback
#1561 of 2374 Early Lease Termination
Apr 10, 2011 (8:19 am)
Want to end my lease (2010 528i) early for a X5 with 3rd row seat. I have 12K miles with 16 months remaining on 3yr/10K per year agreement. Is there an early termination fee for such transfer (BMW to BMW), and any suggestion on which route I should take.
#1562 of 2374 Re: Early Lease Termination [pacdecimal]
by kyfdx@Edmunds HOST
Apr 10, 2011 (9:06 am)
If you have a relatively low payment, then a service like Swapalease can help you find someone to take over your current lease... then, you can go get a new one.
There really is no early termination fee or plan. If you turn your car in, they'll sell it at auction and you'll owe the difference between that number and the balance owed on your lease. That number will likely be huge. Alternatively, you could try trading it in to your BMW dealer, and paying the difference between the trade-in allowance and your lease balance. Also, likely to be a huge number.
You could get lucky, but in general, exiting a lease early is very expensive.
#1563 of 2374 Re: Need help to calculate Numbers [raksgal]
Apr 10, 2011 (3:56 pm)
Which dealer in Dallas quoted you the price. It is better thank I have been quoted. Please let me know. I am looking for the same.
#1564 of 2374 Re: Need help to calculate Numbers [raksgal]
Apr 10, 2011 (6:13 pm)
I'm not an expert on BMW lease deals, I stick to the financing side of things. I'll have to defer to Carman on this one...Good luck with your lease and new SAV!
#1565 of 2374 Re: lease contract variables [Car_man]
Apr 11, 2011 (8:55 pm)
Thanks so much Car_man. What is a "vehicle's buy rate?" Are you referring to the agreed upon price of the car? What about my other question regarding having to get new license plates every time i start a new lease? Is that a gimmick? Can I demand to keep the same plates? Thanks again.
My lease ends in mid-May and I want to lease my third X5. Any predictions for 3 year 15,000 miles per year lease? Can you comment on loyalty discount?
#1566 of 2374 Re: Early Lease Termination [kyfdx]
Apr 12, 2011 (4:24 pm)
Thanks for your info. I spoke with BMW Financial Services and basically a dealer would need to buy the car for $34,370.67, and anything less I would need to cover. Plus the new acquisition cost and other fees to lease a X5.