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BMW X5 Lease Questions

2262 messages,  Last post on May 19, 2013 at 9:01 AM

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

Messages Page 192 of 227

#1909 of 2262 Re: X5 xDrive35i 4dr SUV Leasing Rates [rexx08] by Car_man HOST

Apr 30, 2012 (4:28 pm)

Replying to: rexx08 (Apr 25, 2012 8:45 am)
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
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Prices Paid: Buying & Leasing Experiences Forum

#1910 of 2262 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!

#1911 of 2262 2013 X5 sport activity by ftorresinc

May 02, 2012 (3:59 pm)

Hi car_man,
 
how are you? i've been reading your post for a while and doing some research on my own since I'm looking to lease a 2013 X5 Sport Activity for 3 years with 12k miles/year, I wanted to see if you could tell me the residuals and MF for this new month of May.
 
Also, I've been reading on this forum as of last month April the MF for the X5 was .0019, is that number consider for top tier credit ? 720 fico score and above correct???
 
Thank you

#1912 of 2262 Re: May Residuals/MF [hopefall] by Car_man HOST

May 03, 2012 (4:02 pm)

Replying to: hopefall (May 01, 2012 7:57 am)
Certainly hopefall. BMW Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 Base with 15,000 miles per year are .00190 and 57%, respectively for consumers who qualify for its top credit tiers.
 
The numbers for an otherwise identical lease of a Premium are .00190 and 59%.
 
The diesel numbers are .00185 and 56% (2012 model).
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1913 of 2262 Re: 2013 X5 sport activity [ftorresinc] by Car_man HOST

May 03, 2012 (4:05 pm)

Replying to: ftorresinc (May 02, 2012 3:59 pm)
I'm doing well thanks for asking ftorresinc. I hope that you are good as well. Here's the information that you are looking for.
 
BMW Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 base with 12,000 miles per year are .00190 and 59%, respectively for consumers who qualify for its top credit tiers.
 
Yes that is the best available money factor on this truck right now. That's actually right around what BMW FS' best factors are on most models for some reason.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1914 of 2262 Re: 2013 X5 sport activity [Car_man] by raschroe

May 04, 2012 (4:40 am)

Replying to: Car_man (May 03, 2012 4:05 pm)
My dealer is now saying that the May dealer buy rate money factor went up to .00195. From what I have been reading here, that rate is what tier 1 credit customers typically pay. She insists that at the buy rate there is no profit to the dealer on lease. She also stated that when sold at invoice (not this dea--paid 1500 over) the dealer makes no profit (and actually loses money with prep and gas, etc.). My understanding is that this is not typically true but I want to know the facts and be fair in my discussions/negotiations.
 
Rather than reduce the markup on the money factor (I called it an interest rate and she corrected me that it is not since we are just basically renting the car), she suggested either paying multiple security deposits (which sounds to me like another way of saying "lend BMW a few thousand dollars for 3 years) or prepaying the entire lease (which doesn't seem like a great option---especially if it is just all of the payments upfront (rather than actually reducing payments by eliminating interest payments on the prepaid depreciation)).
 
Please let me know what is reasonable to ask for and if I am being told the truth by them.
 
Are there any non-captive options that are competitive?
 
Thanks

#1915 of 2262 Re: 2013 X5 sport activity [raschroe] by jddssc121

May 04, 2012 (9:19 pm)

Replying to: raschroe (May 04, 2012 4:40 am)
find a new dealer. My dealer allowed me to finance at the buy rate, after another dealer told me no....

#1916 of 2262 Re: 2013 X5 sport activity [jddssc121] by raschroe

May 05, 2012 (3:17 am)

Replying to: jddssc121 (May 04, 2012 9:19 pm)
Hard to do, I committed to buy the car before arranging financing. Lesson learned.
 
Bruce

#1917 of 2262 Re: 2013 X5 sport activity [raschroe] by Car_man HOST

May 06, 2012 (3:42 pm)

Replying to: raschroe (May 04, 2012 4:40 am)
Hey raschroe. The money factor for the 2012 X5 is still .00190 in May for consumers who qualify for its top credit tiers. The number that you were told is incorrect. I wouldn't say that dealers make a killing on vehicles that or sold at invoice, or that they could even keep the doors open if they sold all of their vehicles at that price, but given the back-end money that is available from BMW I highly doubt that the dealer would lose money on a unit that was sold at invoice.
 
Making additional security deposits is an excellent way to buy down a vehicle's money factor.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1918 of 2262 So Confused! 2012 BMW X5d Lease Offer: Should I Take This? by lobster88

May 16, 2012 (8:29 am)

Okay, so after total vehicle regret in trading in my old BMW SUV for a Honda SUV...it's been 3 months and I need to get back into a BMW. Since I like newer cars, I thought leasing would be a good option.
 
Here's the deal:
 
Vermillion Red
Cinnamon Leather
Premium PKG
Sport PKG
Technology PKG
Cold Weather
Runningboards
 
MSRP: 64,345
Selling price 59,549
 
Trade for Honda: 26,500 (which is a rip off since it's 3 months old, but oh well.)
 
Residual: 56% off MSRP on 15k
 
Payment for 15k per year: w.$3500 down: $777
W/$0 down, $885
 
Money Factor: .00190
 
I feel as though the price under MSRP isn't enough...and the selling price I'm told reflects the Eco Credit.
 
What do I need to ask for in negotiating? Ideally, I'd like to pay $0 down, and get the payment down to about $750 a month.
 
Should I ask for all fees, like acquisition, destination to be included?
 
Should I even mention holdbacks? I'm told the vehicle is being sold to me for $500 over dead cost...but I know there must be incentives.
 
Note: Is the Eco Credit something taken off of the selling price?

Messages Page 192 of 227

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