Last post on May 19, 2013 at 9:01 AM
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BMW X5, Car Leasing, SUV
#1896 of 2262 Re: April 2012 Money Factors and Residuals [Car_man]
Apr 17, 2012 (7:20 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 2262 Re: April 2012 Money Factors and Residuals [bfschroe]
by Car_man HOST
Apr 18, 2012 (4:06 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 2262 Re: April 2012 Money Factors and Residuals [Car_man]
Apr 18, 2012 (4:24 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 2262 Re: 2012 X5 5.0 Lease - Is it good? [habsone]
Apr 22, 2012 (1:00 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 2262 Re: April 2012 Money Factors and Residuals [Car_man]
Apr 23, 2012 (9:42 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 2262 LEASING 2012 BMW X5 xDrive 35d-Good Deal?
Apr 23, 2012 (9:53 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 2262 WHY DOES CARS.COM & BMW'S RESIDUALS DIFFER SOO MUCH?
Apr 23, 2012 (5:16 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?
#1903 of 2262 X5 xDrive35i 4dr SUV Leasing Rates
Apr 25, 2012 (8:45 am)
What are the residual (10,000 and 12,000/year) and money factor leasing rates for 2012 and 2013 X5 xDrive35i 4dr SUV? Also, what is the savings if you provide multimonth security deposits? Also, what is the current BMW lease acquisition fee? Are there any cap reduction incentives for April? Many thanks!!!
#1904 of 2262 Urgent, need to pick up car tomorrow
Apr 26, 2012 (9:40 pm)
Please help, not sure if deal is right.
2012 X35D sport activity, premium, cold, running boards
MSRP $64K something
Traded in 9.5K
Should i go ahead with the deal?
#1905 of 2262 Re: Urgent, need to pick up car tomorrow [davidb20]
Apr 27, 2012 (4:37 pm)
I LEASED A 2012 BMW X5 35D WITH SPORT ACTIVITY, PREMIUM & RUNNING BOARDS. MSRP IS $63,595. DEALER GAVE ME OFF $3245 PLUS $3500 ECO CREDIT. SELLING PRICE IS $56,850. I MY PUTTING DOWN $5789.12. MY LEASE FOR 36 MTHS WITH 15K MILES PER YEAR IS $700.87 MTHLY.