2270 messages,
Last post on Jun 19, 2013 at 8:02 AM
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BMW X5, Car Leasing, SUV
#2218 of 2270 Re: Calculation Advice [lovemynewbmw]
by mlevine
Jan 03, 2013 (6:49 pm)
Assuming nothing down and walking out of the dealer with the vehicle. The acquisition fee, license/registartion fee, and processing fee cannot be residualized. They are paid up front as money down or some can be added to the lease payment after the monthly pre tax number is calculated. Need to calculate the cap cost from the negotiated price minus your trade in value. The trade in value may be lower if up front fees are taken out of this value. I hope this helps. More details of you lease may allow better evaluation of your numbers.
#2219 of 2270 Re: x5 base lease deal? [socal59]
by Car_man HOST
Jan 07, 2013 (5:21 pm)
Hey socal59 and laavram. The Eco Credit on the X5 diesel is $3,500 in January.
Car_man
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#2220 of 2270 Re: X5 December rates? [naj14]
by Car_man HOST
Jan 07, 2013 (5:24 pm)
I'd be happy to help you out naj14. BMW Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 35d with 10,000 miles per year are .00130 and 56% for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical 42-month lease are .00130 and 47%.
The numbers for the 2012 model are .00125 / 52% for 36-months and .00125 / 44% for 42-months.
BMW is not providing lease support on 48-month leases of either model.
Car_man
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#2221 of 2270 X5 Premium 2013 Lease
by bourneo
Jan 21, 2013 (2:49 pm)
I'm looking for the best deal on a 36mos; 10k mi/yr; $5k down.
TMV is $53,711, but dealers are asking $57k.
Is is possible to drive them down to pmts at $600 (including tax) and the upfront total out of pocket $5k (inclusive of tax, title, etc.) ?
If not, how can I best tweak the deal?
Thanks.
Jan 21, 2013 (6:27 pm)
Hi Car Man,
I have never leased a car before and am interested in leasing a BMW X5 xDrive 35i. Standard options with a navigation system, heated front seats, and satellite radio. I will have a trade in and am just completely unsure how the leasing process works and if there is a way to negotiate to get lower monthly payments, what questions to ask, etc.
Thanks!
#2223 of 2270 Re: Calculation Advice [lovemynewbmw]
by question_12
Jan 29, 2013 (12:07 pm)
Any thoughts on the deal below?
VEHICLE: 2013 BMW X5 xDrive35i Premium COLOR: Platinum Gray Metallic UPHOLSTERY: Black Nevada Leather
Index Description MSRP
Base Price $55,200.00
ZC3 Convenience Package 3 3,875.00
ZTP Technology Package 1,700.00
328 Running Boards 300.00
4UB 3rd Row Seat 1,700.00
Destination and Handling 895.00
TOTAL AS EQUIPPED $63,670.00
SELLING PRICE $60,050.00
Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year
Money Factor 1.3
Residual Factor 59%
Selling Price $60,050.00
Bank Fee $725.00
Total Capitalized Cost $60,775.00
Residual Value $37,565.30
Total Depreciation $22,459.70
Capital Reduction $750.00
Monthly Depreciation $623.88
Monthly Rent $126.87
Monthly Payment $750.75
Tax (8.5%) $63.81
Monthly Payment + Tax $814.56
Capital Reduction $750.00
Cap Reduction Tax (8.5%) $70.55
License & Registration $486.75
Documentation Fee $80.00
First Payment $814.56
Security Deposit $0.00
Drive Off $2,201.86
Trade Equity $0.00
Rebate $750.00
Due at Signing $1,451.86
#2224 of 2270 Re: Calculation Advice [question_12]
by gregzo
Jan 29, 2013 (12:25 pm)
I have similar vehicle with msrp of $62,795. I got them down to $685/mo inclusive of MA sales tax with $2124 due at signing. I leased mine in Nov so i took advantage of year end sales event. I think you still have room to negotiate. Good luck!
Feb 02, 2013 (1:55 pm)
HI Guys
Looking for some advice on the purchase of a 2012 X5 35i. the car comes with Premium Sound Package, Premium Package, Executive Package, Metallic Color, Nevada Leather and Walnut wood Trip. I'm in montreal and looking to purchase this vehicle for $55900. Do you think that this is a reasonable price for a 2012(with 0 km) taking into account the value of the depreciation of buying a 2012 vs 2013 and taking into account that the 2014 redisgned models are only a few months away. Finally would you recommend purchasing the extended warranty?
Thank You
Michael
#2226 of 2270 Re: 1st timer [lease1sttime]
by Car_man HOST
Feb 03, 2013 (9:04 am)
Welcome lease1sttime. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
If you have a trade-in, negotiate the amount that the dealer is giving you for that separately from your new vehicle deal. Also, have the dealer cut you a check for any equity that you have in your trade rather than using the proceeds from it as a down payment for your lease. It's never a good idea to make a large down payment on a leased vehicle.
Car_man
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#2227 of 2270 2013 BNW X5 xDrive35i February money factor
by jmdesign
Feb 05, 2013 (7:45 pm)
Hi Car Man,
Looking for some advice on the lease of a 2013 X5 xDrive35i. At the end of February I will be in the market for this car, and I need to know the February money factor and the residual on this car for 36 month lease with 10k miles per year.
Thank in advance, this will be very helpful to be able to defend myself in the process.
Jorge