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
#1988 of 2262 lease deal
Jul 30, 2012 (9:25 pm)
I'm in Oregon and I'm planning to lease my first BMW. It's my first lease and is hard to know if I'm getting a good deal.
My terms are :
2013 X5 Premium with convenience package and BMW applications, 36 months, 15k
Retail price -$57,500
Trade in -$7500
Residual cost - 57% - $34,168.65
Capital cost - $51,073 (acquisition$725 and DMV fees-348)
Also I'm asked for a deposit of $1,000 at the time of the order placement...is this same with security deposit?
Overall is this a fair deal?
#1989 of 2262 Wheel and Tire Insurance?
Jul 31, 2012 (6:19 pm)
I recently leased a 2012 X5d but have not picked up the car yet. Dealer quoted me $1,049 for 3-year/36K of wheel and tire coverage. I subsequently negotiated the cost down to $900 and I live in Boston where the roads are anything but optimal.
My question is, should I purchase this coverage? I know each tire is +/- $500 to replace and wheels are even more.
#1990 of 2262 Re: 2013 BMW X5 Lease Numbers [Car_man]
Jul 31, 2012 (11:58 pm)
Hi Car_man: here are the exact details of the deal that is on the table. Can you please tell me if its a good deal. Also, plz let me know if the residual, MF, incentives are going to get better in Aug.
2012 X5 diesel
Cold Weather Package
Eco Credits: $4500
Drive for team USA: $1000
BMW Loyalty: $750
BMW Ultimate Drive App: $500 (taken as first month's payment)
Net Cap Cost: $52850
Money Factor: .00165
Payment: $645 (MA tax included)
Total due at signing: $1644 due at signing (includes only tax title registration
3 year 36K mile lease
Is this a good deal Car_man. Thank you for your input.
#1991 of 2262 2013 X5 35i Premium with Convenience and Cold Weather Package
Aug 01, 2012 (2:53 pm)
In NYC, got this lease for a 2013 X5 35i Premium with Convenience and Cold Weather Package, running boards, 36 months 36K miles:
Purchase Price: 58,310
Sales Tax: 2,626
Acq Fee: 725
Total Capitalized Cost: 61,662
Residual Value: 36,223
Money Factor: Unknown - not stated on lease agreement
Zero Money Down
Due at signing (1st month + DMV fees): 1,294
Monthly Lease Payment: $847
Thoughts on this lease?
#1992 of 2262 X5 additional rebates
Aug 05, 2012 (7:50 pm)
What is the Drive for team USA $1000 rebate and how do you qualify?
Also, what is the BMW Ultimate Drive App rebate for $500 and how do you qualify?
#1993 of 2262 Re: 2012 or 2013 X5 lease non diesel [Car_man]
Aug 05, 2012 (8:03 pm)
Are there better incentives on a 2012 vs 2013 X5? Factory to dealer cash?
#1994 of 2262 Re: 2013 BMW X5 Lease Numbers [4tune]
Aug 05, 2012 (8:57 pm)
We recently signed a deal on a custom order X5D that we are paying cash for and picking up at the Performance Delivery Center. So I can't comment on your lease deal, as we never considered a lease vs. purchase. However, just curious as to your option choices. We found the $1,500 premium sound to be not that much better sound quality than the standard (good) system and with BMW Apps, son't see any value in having Sirius subscription. (Been there, done that with 2 Acura's and a Porsche). Also, we didn't see much value in the Cold Weather package inasmuch as heated front seats are already standard and the ski bag would be useless for us. We live in DC area, but have second home in snow country and still didn't think that rear seat heating was worth getting the CWP.
On other hand, we ordered the sport activity package for the more comfortable sport seats, sport steering wheel and (subjective) better looking 19" wheels. The sport seats alone are worth it to me.
Are you taking a vehicle off the lot, or ordering to your specs and, if the latter, what made you pick the options you chose.
#1995 of 2262 Re: 2013 BMW X5 Lease Numbers [Car_man]
Aug 05, 2012 (11:20 pm)
i am planning buy x5 sport activity :
black nevada leahter
dark bambo wood trim
multi - countour seats
destination and handing
total MSRP : $63295 dearler offer me $58000 ? sound good deal to me ?
#1996 of 2262 Re: 2013 BMW X5 Lease Numbers [habitat1]
Aug 06, 2012 (4:43 am)
The person you replied to is considering a lease, which means the cost of satellite and premium sound only add a few dollars per month to the lease.
The premium sound didn't sound much better to you because you were listening to default settings. Premium sound is noticeably better if you take the time to understand the system and set it up properly. The no-cost multi-contour seat option with the sport package is a better seating option than the sport seats when your priority is comfort.
The down side to ordering a base vehicle without things like satellite radio and the heated steering wheel that comes with cold-weather package is that it makes the vehicle less desirable and therefore less valuable if you ever trade it in. Especially in the DC area, which has a very competitive luxury vehicle market where people expect a luxury SUV to actually have luxury features.
#1997 of 2262 Re: X5 additional rebates [snow26]
Aug 06, 2012 (4:43 am)
A simple Google search or a look at bmwusa.com website under "Experience" will answer your question.