2270 messages,
Last post on Jun 19, 2013 at 8:02 AM
You are in the
Prices Paid - Buying & Leasing Experiences Forum.
What is this discussion about?
BMW X5, Car Leasing, SUV
#1901 of 2270 LEASING 2012 BMW X5 xDrive 35d-Good Deal?
by vvanvlym
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 2270 WHY DOES CARS.COM & BMW'S RESIDUALS DIFFER SOO MUCH?
by vvanvlym
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 2270 X5 xDrive35i 4dr SUV Leasing Rates
by rexx08
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 2270 Urgent, need to pick up car tomorrow
by davidb20
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
$560 monthly
12K miles
Should i go ahead with the deal?
Thank you
#1905 of 2270 Re: Urgent, need to pick up car tomorrow [davidb20]
by vvanvlym
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.
#1906 of 2270 Re: Urgent, need to pick up car tomorrow [vvanvlym]
by abmwfan
Apr 27, 2012 (6:21 pm)
Davidb20: Why are you putting that much money down on a lease? It's generally not a good idea to put extra cash down on a lease.
The deal should be judged by how much above dealer invoice the car is priced, not the amount taken off the sticker. In other words, ask the dealer to show you the dealer invoice price and pay no more than $700 above dealer invoice. Then subtract the eco credit, trade in, and any other incentives. If you're a good negotiator, maybe you can get the vehicle for closer to invoice minus incentives. But, if you love the vehicle, don't lose sleep over a couple hundred dollars. It doesn't make that much difference on a lease.
Also, ask for the lease money factor and ask the dealer how much they marked up the money factor if at all. Dealers pad the money factor to make extra money on the deal.
#1907 of 2270 Re: Urgent, need to pick up car tomorrow [abmwfan]
by davidb20
Apr 27, 2012 (8:22 pm)
Thanks for the answers guys. I am not well versed in all the aspects of the lease lingo. I picked up the car. It is a awesome vehicle, we are pretty happy, which i guess is the most important part
#1908 of 2270 Re: April 2012 Money Factors and Residuals [shailen]
by Car_man HOST
Apr 30, 2012 (4:23 pm)
Hey shailen. The money factor that you were quoted is right on the money. What you were told is correct, the residual value for the base 2013 X5 is 2% lower than the residual for the Premium.
The selling price that you were quoted for a '13 X5, slightly over $1,000 over invoice, doesn't seem outrageous to me.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1909 of 2270 Re: X5 xDrive35i 4dr SUV Leasing Rates [rexx08]
by Car_man HOST
Apr 30, 2012 (4:28 pm)
Hi rexx08. BMW Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a base 2012 X5 xDrive35i with 12,000 miles per year are .00190 and 59%, respectively for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical lease of a base 2013 X5 xDrive35i are .00190 and 59%.
The residual values for leases with only 10,000 miles per year would be 1% higher.
I believe that BMW FS provides a money factor reduction of .00007 for every additional security deposit paid.
BMW FS' base acquisition fee is $595.
BMW is not providing any cash incentives on the X5 in April, but it is scheduled to introduce its new May program some time tomorrow.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1910 of 2270 May Residuals/MF
by hopefall
May 01, 2012 (7:57 am)
Hi Carman,
Can please post the mf and 15k residuals for May for 35i, 35i Premium and 35D?
Thanks!