Ask the Car People.SM


BMW X5 Lease Questions

2262 messages,  Last post on May 19, 2013 at 9:01 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW X5, Car Leasing, SUV

Messages Page 38 of 227

#363 of 2262 Re: Leaae Rate for 2006 X5 3.0 [auburn87] by Car_man HOST

Nov 28, 2006 (4:15 am)

Replying to: auburn87 (Nov 08, 2006 9:14 pm)
Hi auburn87. The money factor that you were quoted is too high. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2006 X5 3.0 is .00185. With the waiver of your vehicle's security deposit it increases by .00015, but returning BMW FS customers receive a security deposit waiver at no additional charge. Make sure that the dealer that you are working with uses this truck's buy rate to calculate its lease payment.
 
I wouldn't be surprised if you were able to beat the selling price that you were quoted either. You were quoted a discount of $5,500 on a truck that including the dealer cash that is available on it probably has a spread of around $7,000 between its MSRP and invoice price. If you are in an area that has a decent level of competition, I would not be surprised if you were able to beat $1,500 over invoice on a leftover model. Make sure to stop by the following discussion to see how much other community members have paid for similar trucks lately: "BMW X5: Prices Paid & Buying Experience".
 
Car_man
Host
Prices Paid Forum

#364 of 2262 Re: 2007 X5 Lease [gatorfan3] by Car_man HOST

Nov 28, 2006 (4:19 am)

Replying to: gatorfan3 (Nov 26, 2006 3:24 pm)
Ahhh, I see that you were quoted some actual numbers for a lease of a 2007 X5. Thanks for the info, gatorfan3. The last time that I checked, BMW had not published any numbers for the 2007 X5 yet. Not surprisingly, it appears as though BMW is not providing any lease support on this truck. This is fairly common with brand new or redesigned models. If one wants to be the first on their block to have a new vehicle, they have to pay to play . As time passes, the lease program for the '07 X5 will likely become more attractive. It is difficult to say how long it will be before BMW introduced money factor support on this model though. A lot will depend upon how well it is received by the public and how strong auto sales are in general.
 
Car_man
Host
Prices Paid Forum

#365 of 2262 Re: 2007 X5 Lease [fergie3] by Car_man HOST

Nov 28, 2006 (4:23 am)

Replying to: fergie3 (Nov 26, 2006 4:30 pm)
Hi fergie3. Even without any lease support the money factor that you were quoted is WAY too high. BMW Financial Services' standard money factor varies by region, but its standard buy rate is currently around only .00330. It appears as though the dealer that you spoke with is going to make customers who want to be the first to have a redesigned X5 pay through the nose to get one.
 
Car_man
Host
Prices Paid Forum

#366 of 2262 2007 X5 lease rates by bu96

Dec 12, 2006 (10:22 am)

Does anyone have any lease rates and residuals for the 2007. My salesman is currently working on an offer right now. Thanks.

#367 of 2262 sorry forgot to add... by bu96

Dec 12, 2006 (10:23 am)

forgot to add 3yr 36K miles to my previous post. thanks.

#368 of 2262 Re: sorry forgot to add... [bu96] by gatorfan3

Dec 13, 2006 (11:42 am)

Replying to: bu96 (Dec 12, 2006 10:23 am)
Nothing since my previous post. At that time, BMW Financial was only offering 53% residual with money factor of .00330 on a 36 month 15k mile lease. Not very attractive! Please advise us if your dealer has sweetened that offer. Thanks.

#369 of 2262 Re: 2007 X5 Lease [fergie3] by cgb0216

Dec 14, 2006 (4:30 pm)

Replying to: fergie3 (Nov 26, 2006 4:30 pm)
I know... I did the same with teh 2007 X5 test drive last week. I want one so badly now. Does anyone know or have any guess or advice as to when BMW will offer a special lease offer on this new hottttt SAV?!? PLEASE advise

#371 of 2262 2007 lease by bu96

Dec 19, 2006 (3:44 pm)

My salesman currently offered me the following:
 
2007 X5 MSRP $59,545
Proposal: $57,545, no money down, 36 months, 12K miles per yr
 
$1075 with taxes
 
Any thoughts on this offer?
 
Thanks in advance

#372 of 2262 Re: 2007 lease [bu96] by terrin

Dec 19, 2006 (4:27 pm)

Replying to: bu96 (Dec 19, 2006 3:44 pm)
is this a purchase or a lease?

Messages Page 38 of 227

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement