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BMW X5 Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 194 of 227

#1925 of 2262 New to BMW / Leasing: 2013 X5 xDrive35i by misscollinsnyc

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] by danno14

Jun 06, 2012 (6:13 pm)

Replying to: danno14 (Jun 04, 2012 9:26 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.
MSRP: 62350
Sale Price: 58370
Documents and Acquistion fee: 75 +725
Down Payment: 2800
Money Factor: 0.00190
Residual: 60%
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] by danno14

Jun 06, 2012 (6:15 pm)

Replying to: misscollinsnyc (Jun 06, 2012 2:49 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 by jckearny

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] by srch4car

Jun 07, 2012 (12:09 pm)

Replying to: jckearny (Jun 07, 2012 5:25 am)
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] by kanchis

Jun 07, 2012 (11:05 pm)

Replying to: lobster88 (May 16, 2012 8:29 am)
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] by deenx

Jun 08, 2012 (10:21 am)

Replying to: kanchis (Jun 07, 2012 11:05 pm)
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? by mrfurious214

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
Navigation System
Running Boards
Destination & Handling
MSRP $62,945
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] by mrfurious214

Jun 09, 2012 (8:23 am)

Replying to: mrfurious214 (Jun 08, 2012 9:18 pm)
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] by mrfurious214

Jun 09, 2012 (11:21 pm)

Replying to: mrfurious214 (Jun 09, 2012 8:23 am)
Ok, I have what I think is a great offer but want to confirm.
 
2012 X5 35d
Premium Package
Sport Package
20" Y-Spoke rims
Running Boards
Eco Credit $4,500
Loyalty Credit $1,500
MSRP $64,545
36 months, 15,000 per year
$2,000 due at signing
Monthly payment including tax $680
 
Thoughts?
 
If I add multi contour seats (msrp $900), how much should my payment go up?

Messages Page 194 of 227

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