BMW X5 Lease Questions

2269 messages,  Last post on Jun 18, 2013 at 5:22 PM

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

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

#1994 of 2269 Re: 2013 BMW X5 Lease Numbers [4tune] by habitat1

Aug 05, 2012 (8:57 pm)

Replying to: 4tune (Jul 31, 2012 11:58 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 2269 Re: 2013 BMW X5 Lease Numbers [Car_man] by newbmwx5

Aug 05, 2012 (11:20 pm)

Replying to: Car_man (Jul 29, 2012 8:28 am)
i am planning buy x5 sport activity :
    jet back
    black nevada leahter
    dark bambo wood trim
    convenience package
    multi - countour seats
    running board
    destination and handing
  total MSRP : $63295 dearler offer me $58000 ? sound good deal to me ?

#1996 of 2269 Re: 2013 BMW X5 Lease Numbers [habitat1] by abmwfan

Aug 06, 2012 (4:43 am)

Replying to: habitat1 (Aug 05, 2012 8:57 pm)
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 2269 Re: X5 additional rebates [snow26] by abmwfan

Aug 06, 2012 (4:43 am)

Replying to: snow26 (Aug 05, 2012 7:50 pm)
A simple Google search or a look at bmwusa.com website under "Experience" will answer your question.

#1998 of 2269 Re: 2013 BMW X5 Lease Numbers [abmwfan] by habitat1

Aug 06, 2012 (6:37 am)

Replying to: abmwfan (Aug 06, 2012 4:43 am)
I'm not sure how adding $2,250 to the capital cost with premium sound and cold weather packages only adds a "few" dollars to the monthly lease. And, unless I'm mistaken, the multi-contour seats in the x5D are not a no-cost option, but something like $900. Which we tried out and did not like any more than the firmer, side bolster adjustable sport seats. Others may think the incremental $900 is worth it.
 
As far as your comment on "luxury" expectations, I agree with you to a certain extent. But.....we chose to spend an extra $10-12k over a 2012 MDX "Advance" precisely because of the way the X5D drives and handles. If you want every luxury do-dad, the MDX and Audi Q7 kill the X5, with adaptive cruise control, lane change warning, accident mitigation braking, much better navigation, better sound systems, etc. You can check every box you want on a BMW X5 and you still won't have the latest and greatest luxury or technological features. As such, we decided to check boxes that were important to us, period. And if premium sound is really worth $1,500 to someone else, great. But it's an expensive box that even almost every dealer admitted they wouldn't check, if ordering for themselves. Especially with Apple i-phone connectivity putting a big dent in the value of satellite radio.
 
FWIW, I sold my 2005 911S last spring that had $13,000 worth of options. I had bought the car off the lot at a $12k discount that made up for some options that I thought were frivolous. Upon resale through a high end independent Porsche shop, the $1,500 upgraded Bose system was worth exactly $0. Navigation and the performance oriented options were probably worth half of what they cost. The next time around, I'll order to my exact specs, get a 5-6% discount off MSRP, and save at least a similar amount by avoiding the boxes that aren't really worth anything to me (or 99% of 2nd owners).

#1999 of 2269 August MF and Residual for 2013 X5 3.5 Premium by gerry70

Aug 07, 2012 (9:31 am)

Looking for MF and Residual for August, 36 months and 10k/year. Been quoted 0.00165 and 60%, although others reporting 0.00145 and 57%. Ordered but not signed papers. PCD tentatively mid-September.
 
Thanks,
Gerry

#2000 of 2269 Re: 2013 BMW X5 Lease Numbers [4tune] by Car_man HOST

Aug 09, 2012 (4:30 pm)

Replying to: 4tune (Jul 31, 2012 11:58 pm)
Hi 4tune. BMW FS' August buy rate lease money factor for a 36-month lease of this vehicle is .00145. Make sure that the dealer uses that factor, not 165 to calculate your payment.
 
Having said that, the selling price that you were quoted, invoice minus all of the available incentives, looks outstanding.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2001 of 2269 Re: X5 additional rebates [snow26] by Car_man HOST

Aug 09, 2012 (4:33 pm)

Replying to: snow26 (Aug 05, 2012 7:50 pm)
Hi snow26. I believe that Drive for Team USA is a BMW-sponsored test drive event. Consumers who are invited to it are able to get an additional cash incentive.
 
The BMW Ultimate Drive App is a smart phone App that one can download. Consumers who schedule a test drive through it are eligible for an additional cash incentive off of a new BMW.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2002 of 2269 Re: 2012 or 2013 X5 lease non diesel [snow26] by Car_man HOST

Aug 09, 2012 (4:36 pm)

Replying to: snow26 (Aug 05, 2012 8:03 pm)
Hi snow26. Other than the $750 owner loyalty cash that is available on both, there really is not any cash incentives on either the 2012 or 2013 X5 right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2003 of 2269 Re: August MF and Residual for 2013 X5 3.5 Premium [gerry70] by Car_man HOST

Aug 09, 2012 (4:43 pm)

Replying to: gerry70 (Aug 07, 2012 9:31 am)
Hi Gerry. The .00145 money factor that you have seen mentioned here is indeed correct. If your credit is in good shape, the dealer that quoted you the .00165 factor is marking your rate up to add additional back-end profit to your deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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