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Last post on Jun 17, 2013 at 2:28 PM
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BMW X5, Car Leasing, SUV
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 2268 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 2268 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
#2228 of 2268 Guys i need some help
by nmora
Feb 08, 2013 (2:27 pm)
VEHICLE: 2013 BMW X5 xDrive35
COLOR: Saphire Black UPHOLSTERY: Black Nevada Leather
Index Description MSRP
Base Price $56,700
Premium Package $3,600
Premium Sound Package $950
Sport Activity Package $2,200
• 20" Light alloy Y-spoke wheels style 214-with performance run-flat tires $950
Running boards $300
BMW Apps $250
SELLING PRICE $65845
Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 10,000/year
Money Factor 1.3
Residual Factor 54%
Selling Price $59050
Bank Fee $725.00
Total Capitalized Cost $59,775.00
Residual Value $32,278.50
Total Depreciation $27,496.5
Due at Signing $1,200
Payment: $872.05
This sounds way too high and they are not budging, this is pretty much the same number im getting at 5 different dealers in the area.
Im starting to think maybe this is not the car for me.
#2229 of 2268 Re: 2013 BNW X5 xDrive35i February money factor [jmdesign]
by Car_man HOST
Feb 10, 2013 (8:26 am)
Hi Jorge. BMW Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 xDrive35i Premium with 10,000 miles pr year are .00130 and 60% for consumers who qualify for its top credit tier.
Car_man
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#2230 of 2268 Re: Guys i need some help [nmora]
by Car_man HOST
Feb 10, 2013 (8:36 am)
Hi nmora. Taking a quick glance at this offer, the selling price, money factor and acquisition fee that you were quoted all look great. I don't think that you're going to be able to do much better on this truck. If this payment is still too high, you may want to consider getting a different vehicle.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2231 of 2268 Re: 2013 BNW X5 xDrive35i February money factor [Car_man]
by jmdesign
Feb 13, 2013 (9:47 am)
Hi Car_man, thank for your respond but, the February residual for the 2013 X5 xDrive35i (base model) is the same that the (premium model) 60%?
Thanks
Jorge
#2232 of 2268 February Lease info for X5 Diesel
by alexkoper
Feb 14, 2013 (5:47 pm)
Hi CarMan,
Can you post the residuals and buy rate on money factor from BMW Financial for 2013 X5 35D with 10k miles/year? Helping a friend order one - eco credit is $3500, trying to figure out why residual is so much lower than the non-diesel model.
#2233 of 2268 February Lease Money Factors and Residual Val
by abuckus
Feb 21, 2013 (8:09 am)
Hi Car Man,
Sorry if this has already been posted. I did a quick search and did not see it.
Could you please tell me the February money factors and residual value % for a 2013 X5 50i? Assuming a 36 month or 48 month lease, 10,000 miles annually.
Any clues as to how or if the numbers are expected to change for March?
Thanks!
Feb 23, 2013 (4:59 pm)
Carman if you could please provide MF, residual and any other incentives available for a 36month 15k lease on an X5 diesel. Thanks.