Last post on May 19, 2013 at 9:01 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, Car Leasing, SUV
#1925 of 2262 New to BMW / Leasing: 2013 X5 xDrive35i
Jun 06, 2012 (2:49 pm)
I'm curious as I read these boards, why so many monthly lease payments on the X5 seem to be in the $700+ range. When I search using BMW's lease offers in the Santa Monica area, I see the below terms:
$569*/month for 36 months
• $569 First months payment
• $3,000 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $4,294 Cash due at signing
I'm sure this is a very generic offering to get people in-store, just want to be prepared in advance. Thanks for the help!
#1926 of 2262 Re: Did I Get It Right? [danno14]
Jun 06, 2012 (6:13 pm)
I finalized my lease today by threatening to walk and was able to obtain this:
2013 X5 xDrive35i Sport Activity with Conv Pkg and Running boards.
Sale Price: 58370
Documents and Acquistion fee: 75 +725
Down Payment: 2800
Money Factor: 0.00190
Length: 36 Mo 12K/yr
Mileage fee: $0.15/mile
Monthly Payment including tax: $680.40
Due on delivery (includes upfront charges): $6932.89
My only question is what exactly is the "upfront charges" because it is $3452.49?
Thanks to anyone who can respond!
#1927 of 2262 Re: New to BMW / Leasing: 2013 X5 xDrive35i [misscollinsnyc]
Jun 06, 2012 (6:15 pm)
By the time you walk away with all the goodies added on it costs a whole lot more
#1928 of 2262 Money factor and residue rate for June on 2012 bmw x5 diesel
Jun 07, 2012 (5:25 am)
Please help, looking to lease a 2012 BMW x5 diesel. Need to know the money factor and residual rate for June. THANKS
#1929 of 2262 Re: Money factor and residue rate for June on 2012 bmw x5 diesel [jckearny]
Jun 07, 2012 (12:09 pm)
12k miles 58% and 0.00185. Same as May numbers.
Eco credit bumped to $4500.
#1930 of 2262 Re: So Confused! 2012 BMW X5d Lease Offer: Should I Take This? [lobster88]
Jun 07, 2012 (11:05 pm)
Here's what you need to know. If the dealer is saying they are selling you the car for $500 over invoice then the eco credit needs to be applied to that price. Without taking into consideration taxes looking at the MSRP for that vehicle the invoice should be $58550. Lets say you give the dealer $1000 of profit, then your left off at $59550. You apply the eco credit of $4500 to that price, which brings your selling price to $55055. BMWFS 36k miles residual is 56% and MF of 0.00185. If you dont account for sales tax (since it varies by state/county) you should end up with a payment of $696/month.
As for drive off fees I'd usually pay the first month lease + any dealer fees+ lease inception fees. It really boils down to personal preference. It will only make ur monthly payment go higher so its up to you.
I suggest you walk away from this deal or make them agree to what I just suggested.
#1931 of 2262 Re: So Confused! 2012 BMW X5d Lease Offer: Should I Take This? [kanchis]
Jun 08, 2012 (10:21 am)
I totally agree with this analysis. But...... there are 0, zero, nada, no dealers where I live in NJ who will do a deal at that level. They literally laugh you out of the dealership.
#1932 of 2262 2012 X5 Diesel Lease Offer...Good?
Jun 08, 2012 (9:18 pm)
Went to Prestige BMW in Mahwah, NJ today and got the following offer. Would like to know if this is a good deal.
2012 X5 xDrive 35d
Space Gray Metallic
Black Nevada Leather
Dark Burl Walnut Wood Trim
Sport Activity Package
20" Light Alloy Y-spoke Wheels Style 214 with Performance Run-Flat Tires
Destination & Handling
Negotiated Price After Eco-Credit $53,625
$2,000 Due at Signing
Monthly price including taxes $745
#1933 of 2262 Re: 2012 X5 Diesel Lease Offer...Good? [mrfurious214]
Jun 09, 2012 (8:23 am)
Sorry, I forgot to add that it is a 36 month lease at 15k per year.
#1934 of 2262 Re: 2012 X5 Diesel Lease Offer...Good? [mrfurious214]
Jun 09, 2012 (11:21 pm)
Ok, I have what I think is a great offer but want to confirm.
2012 X5 35d
20" Y-Spoke rims
Eco Credit $4,500
Loyalty Credit $1,500
36 months, 15,000 per year
$2,000 due at signing
Monthly payment including tax $680
If I add multi contour seats (msrp $900), how much should my payment go up?