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BMW X5 Lease Questions

2270 messages,  Last post on Jun 19, 2013 at 8:02 AM

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What is this discussion about? BMW X5, Car Leasing, SUV

Messages Page 178 of 228

#1764 of 2270 BMW X5 lease...too late to turn back now by pmen

Dec 13, 2011 (9:59 am)

Hi, just took delivery on a new 2012 BMW X5 diesel. Alpine white with sand beige leather with premium pkg w/ navigation. MSRP 61075.00. Invoice 56,425.00 Negotiated price 53426. Total with tax tag and acq fee, 56152.
 
Details are as follows:
Offered 14,000.00 on trade of a 2004 BMW X5 3.0 with 80K miles in good condition.
Provided 3000.00 in additonal cash out of pocket
The rest was incentives, eco, nav, customer loyalty.
Total credits from cash net equity and discounts, 6750.00
 
Worked out to be 53% residual of 32369.00, money factor of .00025
Monthly payment 651.00 for 3 years and 36000 miles. Thanks in advance for your review.

#1765 of 2270 Re: BMW X5 lease...too late to turn back now [pmen] by abmwfan

Dec 13, 2011 (5:44 pm)

Replying to: pmen (Dec 13, 2011 9:59 am)
My personal opinion (in case it matters because I'm not Carman) is that your deal looks kosher and your negotiated price was reasonable. It appears that the dealer started at $1,500 over the invoice, then subtracted current incentives of $4,500 ($2500 eco credit + $1,000 owner loyalty + $1,000 ghost protocol/December promotion). You got a deal that is as good or better than using a buying service. (If you did NOT get the $1,000 owner loyalty or used the lease money factor credit instead, then your deal is even better because your negotiated deal would have been $500 over invoice.)
 
My advice (again, in case anyone cares what some guy on the internet thinks) is to enjoy the new car (including the excellent high-torque diesel engine and 600+ miles per tank on the highway). Don't let worry about whether you could have fine-tuned the deal to save a few more dollars spoil the fun of a new BMW. You traded out of the first generation X5 into the current generation. You'll enjoy a huge improvement between the two vehicles.

#1766 of 2270 Re: TIRE change before lease expires?? [x5fan10] by Car_man HOST

Dec 13, 2011 (6:16 pm)

Replying to: x5fan10 (Dec 06, 2011 9:22 am)
You're very welcome x5fan10. As long as your vehicle's tires aren't bald you probably don't have to put a new set on it before returning it at lease-end. Most banks have some sort of specific guideline as to how much tread has to be left on the tires of leased vehicles in order to avoid paying a penalty, but I'm not sure of BMW FS' exact policy on this matter.
 
On a personal note I've probably leased a million vehicles in the past and I've never had to replace the tires.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1767 of 2270 Re: Dec. X5 MF and residual [robprivi] by Car_man HOST

Dec 13, 2011 (6:19 pm)

Replying to: robprivi (Dec 06, 2011 8:53 pm)
I'd be happy to help you out robprivi. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a base 2012 X5 35i with 15,000 miles per year are .00195 and 51%, respectively for consumers who qualify for its top credit tier.
 
As a current BMW FS customer, you are eligible for a .00030 money factor reduction. If you have a BMW lease that is scheduled to expire over the next couple of months that reduction jumps to .00105.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1768 of 2270 Re: Dec. X5 MF and residual [robprivi] by Car_man HOST

Dec 13, 2011 (6:21 pm)

Replying to: robprivi (Dec 07, 2011 4:00 am)
Ahhh, robprivi, I see that you only wanted 12,000 miles per year. In that case, this truck's residual values would be 2% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1769 of 2270 Re: BMW lease [ashko] by Car_man HOST

Dec 13, 2011 (6:24 pm)

Replying to: ashko (Dec 07, 2011 8:18 pm)
Hi ashko. Savvy consumers who are in an area that has a decent level of competition are usually able to negotiate lower selling prices than the ones that were used to arrive ay manufacturers' official advertised payments. If you shoot for $500 to $1,000 over dealer invoice minus the cash incentives that you mentioned you should be able to do better than the $589 per month on an equivalent vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1770 of 2270 Re: TIRE change before lease expires?? [abmwfan] by Car_man HOST

Dec 13, 2011 (6:27 pm)

Replying to: abmwfan (Dec 10, 2011 9:02 pm)
HA. Great answer abmwfan. Thanks for the detailed information!
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1771 of 2270 Help with my Lease for a X35d by shapappy

Dec 14, 2011 (10:29 pm)

Trying to complete a deal, but something feels off.
 
Msrp: $66895
Sale price: 58795 ($1k over invoice)
Incentives I received: $2500, $1730, $1000
36 months, 12k miles (53%) MF .00195
$2600 due at signing
Monthly payment $ 921.20 including tax (7.00 FL tax)
 
One thing to note. I added a BMW tow hitch which upped the sale price to $60,295. Now, should I add the $1500 tow hitch to the msrp price also. That would raise the residual value. By my estimates, the payment should be below $900. Any help would be great!

#1772 of 2270 Lease first and Buy After the lease by realgeni

Dec 19, 2011 (11:52 am)

I need some suggestions from you all.
 
I want to know if it is good financially, If I lease first for 36 months and then buy at the end of lease or shoudl I just buy at once for all.
 
Thank you

#1773 of 2270 Re: Lease first and Buy After the lease [realgeni] by kyfdx@Edmunds HOST

Dec 19, 2011 (5:02 pm)

Replying to: realgeni (Dec 19, 2011 11:52 am)
If you lease first, you'll pay an acquisition fee that isn't present in a straight purchase.... ($725-$925)....
 
Not only that, interest rates on finance are dirt cheap, right now... Even if you found a lease that has a good interest rate, the rates might not be so good to finance a used car in three years...
 
If you know you want to purchase, eventually, you are better off doing it upfront...

Messages Page 178 of 228

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