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Last post on May 19, 2013 at 9:01 AM
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BMW X5, Car Leasing, SUV
#326 of 2262 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
#327 of 2262 Re: Re: Short term lease, X5 [Car_man]
by sussan
Oct 20, 2006 (10:30 am)
I am new to this board. What is BMW FS' buy rate lease money factor of .00185?
#328 of 2262 2006 X5 3.0 lease question
by 8eight
Oct 20, 2006 (4:53 pm)
I have negotiated a deal for a 2006 X5 3.0 with an MSRP of $56,720 for a 36 month lease with a money factor of 205 and a residual of 32.897 with 15,000 miles per year. Options include:
Premium Pkg
Sports Pkg
Cold Weather
Rear Climate
Comfort
Nav
Premium Sound
They are offering $713 per month with nothing down (price to drive off is about $2000; 1st payment, tax, lic., etc)
I have a feeling this is no a great deal? What do you think is a fair monthly to shoot for?
Thx.
#329 of 2262 X5 3.0 incentives?
by h2fan
Oct 20, 2006 (11:05 pm)
Hello Car_man,
In one of the previous posts you mentioned "When negotiating your lease on this truck, keep in mind that BMW is currently providing a solid $4,000 dealer cash on it." Is this also offered if I were to purchase the vehicle? Also, are there any incentives on CPO purchases?
Thanks
#330 of 2262 Re: Re: Short term lease, X5 [sussan]
by billmv
Oct 21, 2006 (3:34 pm)
Sussan.....the "buy rate money factor" is the "price" of the financing that a manufacturer provides to a dealer. The dealer can either use that same number to calculate your lease payment or they can mark it up, which allows them to make money off the financing. Obviously you want them to use the lower number....the (wholesale) rate at which the dealer "buys" the financing. If they mark it up then you pay retail for the product. Just like buying a shirt at Macys. They buy it at wholesale and sell it to you at retail.
This is one of the two main areas where a dealer will often try to make money on a deal. The other is the negotiated selling price, which becomes the basis for calculating your payment. Also, they often try to add a couple hundred dollars to the acquisition fee.
#331 of 2262 Anyone have Lease numbers?
by tenet1
Oct 24, 2006 (7:32 am)
I am looking for current lease residuals and money factors for a 24 month lease on a 2006 X5 3.0. Also, what are the current incentives on these vehicles to dealers from BMW?
Thanks
#332 of 2262 2007 X5 Lease
by fergie3
Oct 27, 2006 (8:59 am)
Please help Car Man. I have talked to 2 dealers about leasing a new 2007 X5. They don't have the information yet, but here is what each salesman is speculating. #1, 61% residual and money factor of .00310. #2, 56% residual and money factor of .00325. One of the vehicles that I am considering has a MSRP of $54,340.00 and the other one lists for $52,745.00. I want a 36 month lease with 12,000 miles a year. What would be your best bet on which salesman is more likely to be right, and what would you think my monthly payment should be on the 2 vehicles I am considering. Thanks in advance for your help.
#333 of 2262 Re: 2007 X5 Lease [fergie3]
by bu96
Oct 27, 2006 (9:14 am)
Lease Man -- please help too. I am same situation as fergie3 but my MSRP is 59K. Dealer is supposed to split the profit for the dealership w/ me 50%. Using figures above, what range is reasonable. Thanks!!
#334 of 2262 Re: 2007 X5 Lease [bu96]
by fergie3
Oct 28, 2006 (9:15 am)
bu96 Has your dealer given you any guess on the residual and money factor?
#335 of 2262 Re: 2007 X5 Lease [fergie3]
by bu96
Oct 29, 2006 (4:50 am)
Fergie: my salesguy won't speculate b/c he is afraid he will be completely off. i had to contract 6 months ago b/c of my ending lease of my BMW 540 (BMW wouldn't extend my lease otherwise). the most he would say was he thought my payments would likely fall in the high $800s for 3 yrs 36K miles and about 3K drive off.