2258 messages,
Last post on May 17, 2013 at 6:50 AM
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BMW X5, Car Leasing, SUV
#305 of 2258 Re: BMWFS Rates and residuals [carnut12]
by Car_man HOST
Sep 18, 2006 (2:59 am)
Here you go, carnut12. BMW's most attractive lease program is actually for a special 22 month lease of this truck right now. You would be much better off leasing for that term instead of for 24 months. BMW Financial Services' current buy rate lease money factor and residual value for a 22 month lease of a 2006 X5 4.4 with 12,000 miles per year are .00105 and 70%, respectively. When negotiating your lease on this truck, don't forget the $2,500 dealer cash that BMW is providing on it into account.
Car_man
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#306 of 2258 Re: 2007 X5 lease [moncad]
by Car_man HOST
Sep 18, 2006 (3:01 am)
Hi moncad. The last time that I had checked, BMW had not published a lease program for the 2007 X5 yet. It is difficult to say what its lease program for this truck will be like when it is introduced, but it is probably safe to say that it will not be nearly as attractive as the program that is currently available on the 2006 model.
Car_man
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#307 of 2258 Re: x5 lease [christina271]
by Car_man HOST
Sep 18, 2006 (3:13 am)
Hi christina271. While it is difficult to say exactly, it appears as though the price that you were quoted for this car is slightly over dealer invoice. This is not terrible, but given the fact that BMW is currently providing $2,000 dealer cash on the '06 X5 3.0 you may want to see if you can get an even larger discount. Also, BMW just introduced a special 22 month lease on this truck with an even better money factor than its 24 month program. Its 22 month, 15,000 mile per year numbers are .00135 and 68%. You would be better off going with the 22 month program.
Car_man
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#308 of 2258 Re: 2006 X5 3.0 [swganole]
by Car_man HOST
Sep 18, 2006 (3:17 am)
Greetings swganole. While it is difficult for me to say exactly where the price you were quoted is compared to its dealer invoice price, it appears as though it is around $500 under invoice. This is a pretty good selling price for this truck. Remember though that BMW is currently providing $2,000 dealer cash on it. You can always shop around to see if you can get one for a little less than this.
BMW Financial Services' current buy rate money factor for a 36 month lease of an X5 3.0 is .00185 with the payment of a security deposit at lease signing. It appears as though that the dealer you are working with may be trying to mark your truck's money factor up a little bit. Make sure to insist that they use its buy rate to calculate your monthly payment.
Car_man
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#309 of 2258 Re: 2007 X5 lease [Car_man]
by moncad
Sep 20, 2006 (2:18 pm)
Hi Car_man,
thank you for responding to my query. it does help that i am in no rush to get the 2007 model. in the meantime, i will continue to refer to this site for auto. questions. thanks much.
moncad
#310 of 2258 estimate lease payments
by icanfly
Sep 20, 2006 (3:52 pm)
Hi, im located in southern california and was wondering if you could estimate me the monthly lease payments for the 22month lease special. The car im looking at is:
2006 BMW X5 3.0
- automatic
- premium package
- rear climate package
The invoice price of the car is $44400 and the msrp is $48470. I was thinking about making a 3000 dollar down payment but up to 5000 dollars if necessary.
Thanks
#311 of 2258 Re: Re: Short term lease, X5 [Car_man]
by uconn97
Sep 27, 2006 (4:36 am)
I was quoted the following on an X5 3.0 lease - MSRP $51,220
sell for $47,720, 22 months, 3000 down which includes 1st payment, registration & conveyance fee - $631.79 plus sales tax. Any thoughts?
#312 of 2258 October deals
by bodotcom
Oct 06, 2006 (11:12 am)
Can anyone tell me what lease deals for October there are for the X5? I am in Seattle, WA if that makes a difference.
Thanks.
#313 of 2258 2006 BMW X5 lease info
by carnut12
Oct 06, 2006 (11:36 am)
Carman,
Do you know the money factor and residuals for the 4.8 X5 , both 24/36 months (12k miles).
Thanks
#314 of 2258 '06 vs '07
by shap1
Oct 09, 2006 (6:12 pm)
Carman: We'll be coming off lease (Volvo SUV) in December. My husband is planning to lease an X5. Do you think he would be better off terminating now in order to take advantage of any special lease rates/dealer support on remaining '06 models, rather finishing the term and leasing an '07? I'm thinking because the '07's are all new, there won't be much in the way of deals, especially just one month after release. Plus, the price will be quite a bit higher, I would think. You opinion is greatly appreciated, as always.
Oh, and I'm recommending he come out of pocket on the remaining two lease payments rather than rolling them into the new lease. Agree?