Last post on Dec 05, 2013 at 10:43 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, Car Leasing, SUV
#2264 of 2374 Re: BMW X5 Lease - June [gurlzlkcars2]
Jun 11, 2013 (1:58 pm)
Welcome gurlzlkcars2. 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.
You can look up the dealer invoice price of the X5 that you want by clicking on the following link: 2013 BMW X5 Pricing.
BMW Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 3.5i Premium with 15,000 miles per year are .00127 and 57% for consumers who qualify for its top credit tiers.
As far as whether it is wise to lease a 2013 model when the 2014 model will be redesigned goes, I think that it's more a matter of personal preference than anything. Since you don't have to worry about eventually selling your old style X5 you won't take a hit on the resale value. It's just a matter of whether you want to have a new and improved version or you are happy to go with the current model.
Prices Paid: Buying & Leasing Experiences Forum
Jun 12, 2013 (11:19 am)
BMW is advertising for 39 mos as their lease special on a Premium. What is the money factor and residual for 10k and 12k per yr. Both my wife and I have excellent credit and would qualify for thier top tiers. Thanks
#2266 of 2374 Re: BMW X5 Lease - June [Car_man]
Jun 13, 2013 (2:53 am)
Thanks Car_man! The deal I was presented with seemed good, but now i'm not sure. Using Edmund's True Market Value tool for a car with same options, the MSRP is 67150, Invoice is 61700, and TMV is 63800. So the numbers the dealership are offering are a little lower than the TMV (62129), but I think they are charging me more by using a MF of .00167. They also said the residual was 54% instead of 57% in SC. So I plan to shop around a little more.
#2267 of 2374 BMW x5 Premium - 36 and 39 month
Jun 17, 2013 (11:04 am)
Carman, hope you can be of some help! I see a few posts with the 36 month numbers but am being told that they are only running 39 months on the x5 now. Do you have the 39 month numbers by chance?
Also being told the conquest offer is not offered on x5's. Any insight?
Thanks for all the help over the years - have had some great deals on leases with the help of this forum.
#2268 of 2374 Re: BMW x5 Premium - 36 and 39 month [gotigers1]
Jun 17, 2013 (1:28 pm)
You can still do a 36 month lease but the advertised lease special is 39 months. RV for 15k miles is 55% for the Premium. Add 2% for 12k miles and 3 % for 10k miles. Base MF is still .00127. If looking for a different model, let me know and ill put up the correct RV.
That is correct on the Conquest Cash. Only available on the 328's and 528's. Only Loyalty Cash on X5's but sign up at your local dealer for the Ultimate Driving Event so you can qualify for the $1000 incentive
#2269 of 2374 Re: BMW x5 Premium - 36 and 39 month [jasonmdbmw]
Jun 18, 2013 (4:22 pm)
Thanks jasonmdbmw. To make sure I don't confuse the two, what are the numbers for 39 months?
Unfortunately the driving event isn't at any dealers close to me...
Appreciate the help
#2270 of 2374 Re: BMW x5 Premium - 36 and 39 month [gotigers1]
Jun 19, 2013 (7:02 am)
The numbers in my previous post are for 39 months.
Jun 29, 2013 (4:41 am)
I was wondering if anyone was able to lease a '13 X5 in the mid 5s/month with no more than inceptions down? I would prefer a 36 month lease, but could do a 39 month lease if that's the current program. I am getting out of a GL 450 lease, so I may be eligible for conquest monies. I should also be eligible for "top tier credit". Your feedback is appreciated.
#2272 of 2374 Re: Lease Advice? [clutch2282]
Jun 29, 2013 (4:45 am)
I have seen local dealerships in Florida advertise a similar deal for $469/month w/ $5k down, 10k miles/year for a 36 month lease.
#2273 of 2374 Re: 2013 X5 [southflorida8]
Jun 29, 2013 (9:12 am)
You can get to that price with a base level vehicle or just a few options. Maybe for July the least rates may come down since the new model is coming in August. It just depends how much inventory the dealers have and how quick they want to get rid of it. That's what I'm doing, waiting.