- #382 of 1118
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Re: my X5 finally here [bu96]
by Car_man HOST
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Jan 09, 2007 (3:36 am)
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Replying to: bu96 (Dec 27, 2006 7:49 am)
Congratulations on your new truck, bu96. The selling price that you got it for, a $2,000 discount on a recently redesigned SUV in the middle of the winter, looks reasonable to me. The money factor is a little on the high side though. It appears as though the dealer you worked with marked it up some. $1,000 a month is just a lot off money to pay for an X5, but that's what it is going to cost to lease one right now. If one wants to be the first on their block to have a brand new or redesigned vehicle they are going to have to pay extra for it. That's what happened here. The luxury SUV segment is a very competitive market. I suspect that BMW will eventually have to introduce an aggressive lease program on the X5. It's difficult to say how long it will be before this happens. It might not be until much later this year.
Car_man
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- #383 of 1118
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Re: 2006 X5 Lease Number [rda2w]
by Car_man HOST
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Jan 09, 2007 (3:39 am)
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Replying to: rda2w (Dec 27, 2006 6:30 pm)
Greetings RDA. Here is the information that you are looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2006 X5 3.0i with 10,000 miles per year are .00195 and 68%, respectively.
Car_man
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- #384 of 1118
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New X5 lease prgram
by dpeck1
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Jan 15, 2007 (1:12 pm)
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Replying to: Car_man (Jan 09, 2007 3:36 am)
I was told by my dealer today that they expect BMW to have some supported lease program on the 07 X5 "in the next few days"
Reason being that the lease prices are so high, they are losing customers to the Q7, etc. because the competitors have very agressive lease programs right now.
For a car that was supposedly sold out, the dealers in my areas seem to have many on the lot for purchase or lease.
If I find out anyting further, I will advise.
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- #385 of 1118
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X5 Lease program
by amcdad
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Jan 20, 2007 (7:51 am)
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My dealer also told me that they expected a new lease program soon...more details when I have them.
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- #386 of 1118
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Re: X5 Lease program [amcdad]
by drtravel
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Jan 20, 2007 (2:02 pm)
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Replying to: amcdad (Jan 20, 2007 7:51 am)
I checked my local dealer and their CHEAPEST X5 has a MSRP of $52K. Assuming a discount of $1K, a 36mo/15K mi (mf = 0.00322, residual 58%) lease payment woud be $840 + tax (or $905/mo)! Their typical X5 has a MSRP closer to $56K which add another $67 to the monthly lease payment.
Memo to BMW - no way this truck is worth close to a thousand bucks per month to lease!
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- #387 of 1118
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Re: X5 Lease program [drtravel]
by chaddy75
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Jan 20, 2007 (5:03 pm)
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Replying to: drtravel (Jan 20, 2007 2:02 pm)
Although the vehicle is nice I totally agree!! Not worth that lease payment. Dealer in Southern Ca. also told me lease should be getting more attractive soon.
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- #388 of 1118
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Lease Info. for 2006 X5 4.4
by back2bmw
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Jan 21, 2007 (12:10 pm)
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Hello,
Does anyone have information regarding lease programs for the remaining 2006 X5 4.4's...12k/36 months?
Thanks for your help,
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- #389 of 1118
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Re: X5 Lease program [chaddy75]
by dpeck1
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Jan 21, 2007 (3:15 pm)
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Replying to: chaddy75 (Jan 20, 2007 5:03 pm)
I spoke to my dealer today in the Northeast and the Manager expects a program for February 1, 2007. Stay tuned.......
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- #390 of 1118
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Re: New X5 lease prgram [dpeck1]
by Car_man HOST
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Feb 04, 2007 (12:10 pm)
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Replying to: dpeck1 (Jan 15, 2007 1:12 pm)
Hey everyone. A number of dealers that I have spoken with are irritated with BMW's lack of support for this truck as well. It is soooooo expensive to lease an '07 X5 right now. I too expect BMW to eventually introduce a special lease program on the 2007 X5. Unfortunately, it did not come out with one when it introduced its special February lease program a few days ago. Unless BMW makes an unscheduled enhancement to its lease program, there isn't going to be any lease support on this truck before the beginning of March at the earliest. That's the latest that I've heard on this subject.
Car_man
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- #391 of 1118
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Re: Lease Info. for 2006 X5 4.4 [back2bmw]
by Car_man HOST
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Feb 04, 2007 (12:36 pm)
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Replying to: back2bmw (Jan 21, 2007 12:10 pm)
Hi back2bmw. Most dealers that I have spoken with don't have many, if any 2006 X5s left in inventory. If you want to lease one, you probably will have to go with a 2007 model. As other community members have recently mentioned, BMW is not currently providing any sort of lease support on the 2007 X5. As a result, if you were to lease one through BMW Financial Services right now, you will have to use its standard lease program. BMW FS' buy rate standard lease money factor varies by region, but it should currently be around .00320. Its current 36 month, 12,000 mile per year residual value for the 2007 X5 4.8i is 55%.
Car_man
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