2260 messages,
Last post on May 18, 2013 at 1:32 PM
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BMW X5, Car Leasing, SUV
#317 of 2260 Re: Re: Short term lease, X5 [uconn97]
by Car_man HOST
Oct 10, 2006 (3:00 am)
Hi uconn97. BMW is currently providing $2,500 dealer cash on the 2006 X5 3.0. This dealer cash is compatible with leases through BMW Financial Services. A base 2006 X5 3.0 has a spread of a little over $3,600 between its full MSRP and dealer invoice price. You were quoted a discount of $3,500 on the truck that you are interested in, but once the dealer cash is backed out this is really only a $1,500 discount. I personally would shoot for a lower price for this if I was in the market for this truck. Make sure to stop by the following discussion to see how much other community members have paid for similar models lately: "BMW X5: Prices Paid & Buying Experience". When you arrive at a price that you are satisfied with, have the dealer that you are working with use BMW FS' buy rate lease money factor of .00185 to calculate your truck's monthly payment.
Car_man
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Prices Paid Forum
#318 of 2260 Re: October deals [bodotcom]
by Car_man HOST
Oct 10, 2006 (3:11 am)
Hi bodotcom. I can give you an idea of what this truck's lease program is like right now, but in order for me to do I need dome additional information from you including whether you want the 3.0, 4.4, or 4.8 version of this truck, how long you want to lease it for, and what mileage allowance you need. I can even estimate what the lease payment will be like for the exact model that you are interested in if you provide me with its full MSRP and approximate selling price.
Car_man
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Prices Paid Forum
#319 of 2260 Re: 2006 BMW X5 lease info [carnut12]
by Car_man HOST
Oct 10, 2006 (3:14 am)
Hi carnut12. This is an excellent time to lease an X5 4.8. Its lease program is much more attractive today than it was a couple of months ago. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2006 BMW X5 4.8 with 12,000 miles per year are .00150 and 62%, respectively. The numbers for an otherwise identical 36 month lease are .00150 and 51%. When negotiating your lease on this truck, keep in mind that BMW is currently providing a solid $4,000 dealer cash on it. This cash will help you to negotiate an attractive capitalized cost for your lease.
Car_man
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Prices Paid Forum
#320 of 2260 Re: '06 vs '07 [shap1]
by Car_man HOST
Oct 10, 2006 (3:20 am)
That's a tough call, shap1. You are right that there probably won't be much in the way of lease support or discounts available on the 2007 X5 when it first arrives at dealers. Leasing a 2006 model is the way to go if you want a good deal. I almost never suggest to a community member that they should terminate their current lease early. I just think that doing so is really wasteful. Having said this, BMW's current lease program for the 2006 X5 is very attractive. It is currently only scheduled to run through October 31st. It is difficult to say what its new November lease program will be like. If I had to make an educated guess, I would say that it will probably be about the same. If I was in your situation, I probably would roll the dice and wait until November to get an X5, hoping that the attractive lease program is still around and that dealers still have the exact model that I want in stock. Leasing a new X5 now probably wouldn't be a bad move though given the fact that you only have two payments left on your current truck. Your husband can either pay his remaining payment or payments out of his own pocket or roll them into his new lease. Given BMW's attractive money factors on the X5 right now it wouldn't be terrible if you just rolled your remaining payments into your new lease.
Car_man
Host
Prices Paid Forum
#321 of 2260 Re: October deals [Car_man]
by bodotcom
Oct 10, 2006 (7:39 am)
Hi Car man, I am interested in all 3 versions, but my number one choice is the 3.0. I want to put as little $ down as possible, 22-27 months & 10k miles per year. My local tax rate is 8.8%. Thanks!
Oct 11, 2006 (7:17 am)
CarMan,
For the 2006 x5 4.4, what are the current incentives or dealer holdbacks? Is it $2500? Are the money factors of .00150, residual of 67% still current for the 24 month lease? What about the 36 mo lease? Thanks.
Andrew
#324 of 2260 2006 X5 4.4 lease help car man
by dpeck1
Oct 12, 2006 (11:36 am)
2006 X5 4.4 lease
2006 X5 4.4 lease I am getting ready to pull the trigger on a deal. Car Man, can you tell me if it ok?
MSRP 58,445
Sell 52,477
36 months, 15K no cap cost reduction. $679.08 per month with taxes, security deposit, 1st month payment, DMV and bank fee up front. residual 56% and MF .0015
the 24 month payment is $696.42 residual 67%, same MF
#325 of 2260 Re: estimate lease payments [Car_man]
by bodotcom
Oct 12, 2006 (5:15 pm)
Hi Car_man,
What would this exact lease look like with only 10,000 miles per year?
Thanks,
Bodotcom
#326 of 2260 Re: estimate lease payments
by bodotcom
Oct 13, 2006 (11:05 am)
" would be happy to calculate a lease payment on this truck for you, icanfly. In October BMW is no longer running the special 22 month lease on this model so I will work up a 24 month lease for you. According to my calculations, if you were to lease a 2006 BMW X5 3.0 with an MSRP of $48,470 and a selling price of $44,000 through BMW Financial Services right now for 24 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $462. "
Hi Car_man,
What would this exact lease (above) look like with only 10,000 miles per year? Also, are you able to estimate payments on the Mercedes ML350?
Thanks,
Bodotcom