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
#344 of 2374 Re: X5 3.0 incentives? [h2fan]
Oct 31, 2006 (2:31 am)
Yes, h2fan, the dealer cash that BMW is providing on the 2006 X5 is available on purchases and leases. Specifically, it currently has $2,500 dealer cash on the '06 X5 3.0i, $3,000 on the 4.4i, and $4,000 on the 4.8is.
I do not personally follow CPO incentives very closely. In general, manufacturers sometimes offer special leases on CPO vehicles, but they rarely have cash incentives available on them.
Prices Paid Forum
#345 of 2374 Re: Anyone have Lease numbers? [tenet1]
Oct 31, 2006 (2:36 am)
Hi tenet1. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2006 X5 3.0 with 15,000 miles per year are .00185 and 67%, respectively. When negotiating your lease on this truck, keep in mind that BMW is providing $2,500 dealer cash on it. This cash will help you to negotiate an attractive capitalized cost for your lease.
Prices Paid Forum
#346 of 2374 Re: 2007 X5 Lease [fergie3]
Oct 31, 2006 (2:44 am)
Hi fergie3. I don't believe that BMW has published a lease program for the 2007 X5 yet. When it does, it probably will not provide any lease support on it. If this is the case and you were to lease one through BMW Financial Services, you would have to use its standard lease money factor. The money factors that you were quoted are in line with what BMW FS' standard money factor is right now, the first one with the payment of a security deposit and the second one with the deposit waived.
I just crunched some numbers for you and according to my calculations, if you were to lease a truck with an MSRP of $54,340 and no discount, a money factor of .00310, and a residual value of 61% for 36 months, your zero down, pre-tax monthly payment should be around $860. I believe that the 56% residual value that the other dealer mentioned is probably too low. Of course, only time will tell what BMW's lease program for this model is actually like.
Prices Paid Forum
#347 of 2374 Re: 2006 X5 3.0 lease question [Car_man]
Oct 31, 2006 (11:36 am)
Oops...the selling price of the car is 51,600. MSRP is 56,120.
Nov 01, 2006 (8:13 am)
CarMan do you have the new new lease numbers for the 2006 X5 for November, especially for the 3.0?
Any additional incentive on these vehicles?
#349 of 2374 Re: 2006 X5 3.0 lease [nyinla]
Nov 01, 2006 (8:21 pm)
hi nyinla. I'd like to know the names of the two other dealers that were willing to sell the car for $43,500, and the dealer you bought from too. $6,170 off list seems pretty strong. What cities are they in?
#350 of 2374 Re: 2007 X5 Lease [Car_man]
Nov 02, 2006 (5:38 pm)
Thanks Car Man. Is that about the best money factor that BMW offers on X5's? My daughter just got 3.9% on a new 2007 Hummer.
#351 of 2374 Leaae Rate for 2006 X5 3.0
Nov 08, 2006 (8:14 pm)
Wondering if someone can tell me if this lease rate is a good deal.
lease rate .00225
15K 3 yr. lease
Monthly rate $797 $2200 in security depoosit title taxes.
#352 of 2374 Re: Leaae Rate for 2006 X5 3.0 [auburn87]
Nov 10, 2006 (8:24 am)
I calculated based of your numbers and got a payment of $687 before taxes, with zero down. $110 is a pretty big difference. They are hiding some more money in the lease. Is there anything else added to that purchase price in the Cap Cost?
#353 of 2374 Re: Leaae Rate for 2006 X5 3.0 [auburn87]
Nov 10, 2006 (8:47 am)
Your lease rate (aka Money Factor) is too high. FOr the same car they should be able to get to at least .00205.