Last post on Dec 11, 2013 at 4:46 PM
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BMW X5, Car Leasing, SUV
Apr 13, 2012 (7:41 am)
Hi, Please confirm my #'s I got from my Massachusetts BMW store, I'm very interested in geting this truck, the pros and cons: better value or (much) better engine.
2012 BMW X5 Diesel SUV
36/15k – Residual 56% .00185 M.F.
April-$3.5k credit can be used for leasing ? that would be great! to offset the lower residual.
2012 BMW X5 50i SUV
36/15k – Residual 61% .00190 M.F.
Incredible power, looks mean with the optional 20's and revs so nice 4k. Rpm (sings)
I figure $650 D or $850 V8 with mass sales tax of course (7%) and just my upfronts mid/high $teens?
#1894 of 2375 Re: X5 50i or X5 Diesel [cupcakeinacup]
Apr 14, 2012 (2:57 am)
I hope you have better luck than I did... I was looking for the same $650 for the D and can't find a quote here in NJ on a modest X5 diesel much less than $800.
#1895 of 2375 Re: April 2012 Money Factors and Residuals [nd_irish]
Apr 16, 2012 (3:05 pm)
Hey nd_irish. sorry for the delay in my response...I was away last week. BMW Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2012 X5 35i Premium with 12,000 miles per year are .00190 and 61%, respectively for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical lease of a 2013 model are .00190 and 61%...interestingly exactly the same.
Prices Paid: Buying & Leasing Experiences Forum
#1896 of 2375 Re: April 2012 Money Factors and Residuals [Car_man]
Apr 17, 2012 (6:20 pm)
I just ordered a 2013 X5. My dealer is quoting a money factor of .0023 for a 10,000 mph 36 month lease with 65% residual.
I asked him to see if he could do any better, since I am seeing .0019 online and he came back with the same (0023) rate. Is there an official BMW FS rate that I could find somewhere or can he just charge whatever rate he wants?
#1897 of 2375 Re: April 2012 Money Factors and Residuals [bfschroe]
Apr 18, 2012 (3:06 pm)
Hi Bruce. The .00190 is the dealer's buy rate. BMW Dealers are notorious for marking up vehicles' money factors to add additional hidden profit to deals. If you can't get this dealer to use the buy rate to calculate your payment, you may be able to find one that will by shopping around.
Prices Paid: Buying & Leasing Experiences Forum
#1898 of 2375 Re: April 2012 Money Factors and Residuals [Car_man]
Apr 18, 2012 (3:24 pm)
Spoke with the finance manager at the dealership. She was pretty upfront when questioned and said that the .0019 is the dealer buy rate (as you said). She said that they build in a profit to the lease by adding to that rate. I have no problem with them making a fair profit. She did imply that the dealer buy rate is what she pays BMW for the lease and at that rate there is no profit for the dealership (for the lease). I have already signed the deal for the car (and am pleased with the price) so I don't think I can find another dealer at this point. Assuming they won't come down on that rate I guess my options are purchase or finance (or pay for an expensive lease). Are there reputable third party lease offerings (and are they better)?
#1899 of 2375 Re: 2012 X5 5.0 Lease - Is it good? [habsone]
Apr 22, 2012 (12:00 pm)
WOULD'NT THIS TRUE ALSO IF YOU PURCHASED THE VEHICLE AND PUT MONIES DOWN? IF THE VEHICLE IS TOTALED THE INSURANCE COMPANY IS GOING TO CONSIDER THE VEHICLE A USED VEHICLE WHICH YOU COULD LOSE YOUR DOWN DEPOSIT. EXPLAIN TO ME AT THESE MSD'S. I AM LOOKING AT LEASING A 2012 X5 35d. I WAS DOING A 36 MTH LEASE WITH 15K MILES PER YEAR. JUST PLACED ORDER LAST WEEK. I WAS PLANNING ON PUTING DOWN ABOUT $6000 SO MY PYMT WOULD BE RIGHT AT ABOUT $700 A MONTH. THIS IS A 2012 X5 35D WITH PREMIUM, SPORT ACTIVITY PKG AND RUNNING BOARDS. TO KEEP MY PYMT AT ABOUT $700 A MONTH, WHAT AND HOW MUCH SHOULD I PUT DOWN AGAINST THESE MSD'S? THANKS
#1900 of 2375 Re: April 2012 Money Factors and Residuals [Car_man]
Apr 23, 2012 (8:42 am)
My current X5 is coming up off lease shortly
and I was offered the following lease in NJ on a 2013 35i X5.
$ 680 per month, 12K/36 months lease with $2200 drive off
MSRP 50,945 (Base + Navigation + Heated Front Seats + Spare tire)
Selling Price 48000
Residual 59 %
Moneyfactor = 0.00190
I asked why the residual in not 61% and his reply
was only premium 35i X5 get 61%
#1901 of 2375 LEASING 2012 BMW X5 xDrive 35d-Good Deal?
Apr 23, 2012 (8:53 am)
I HAVE PLACED A ORDER FOR A 2012 BMW X5 xDrive 35d. THE MSRP IS $63,595. IT INCLUDES THE SPORT ACTIVITY & PREMIUM PKG PLUS RUNNING BOARDS. THE SELL PRICE THEY GAVE ME WAS $58,579. IS THAT A GOOD DEAL? TO KEEP MY PAYMENTS AT ABOUT $700 A MONTH, HE SAID I WOULD HAVE TO PUT DOWN $5789.12. I READ THAT IS NOT A GOOD IDEA. IF I DO THESE MSD'S, WILL THAT BE ENOUGH TO KEEP MY PAYMENT DOWN TO $700 A MONTH FOR A 15K MILES PER YEAR, 36 MONTH LEASE?
#1902 of 2375 WHY DOES CARS.COM & BMW'S RESIDUALS DIFFER SOO MUCH?
Apr 23, 2012 (4:16 pm)
CARS.COM SHOWS 2012 BMW X5 35D RESIDUAL AT 56% AT 2 YEARS AND 46% AT THREE. WHY DOES BMW ON THEIR LEASE SHOW THE VEHICLE SHOULD HAVE A RESIDUAL AT THREE YEARS AT 56%? THAT IS A 10% DIFFERENCE. WHICH IS PROBABLY MORE CORRECT?