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Prices Paid: Buying & Leasing Experiences BMW X5 Lease Questions
1116 messages, Last post on Dec 04, 2009 at 10:39 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: british_rover (Mar 30, 2007 5:12 pm) I'll just add that from my car buying experiences, it's all about the right car, at the right time, at the right dealership. X5's are new and hot. Lease prices and incentives currently reflect that. I got lucky with my current car -- a 65K LS430 -- leasing it for $690 plus tax; 36 months; with under 2K to start... Cap cost was pretty close to invoice. Again, a hungry dealership with a mid-cycle model run -- just timing and luck, I guess. It's all a matter of timing, an incentive-minded company, and a hungry dealership.... I'm sure BMW has people that are A LOT smarter than me figuring out what the market will bear, but asking 70K ($1000 per month lease)for the X5 seems a bit out of whack. Even people with money to burn don't like to overspend.... Here in South Florida there seems to be a BMW in every driveway and the dealer to dealer competition is pretty intense. As the X5 matures a bit, I still think lease prices will edge down quite a bit. |
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| There is an advertisement offering 36 mo lease/ 629 mo; MSRP 52,145 - Cold Wthr pack, Prem Pkg, Climate Pkg, total due $4889 (includes2995 down payment, 1st month payment, 650 ref. deposit, 625 bank fee) 10,000 mi/yr; Residual 31,808. Sign things will be better sooner rather than later? | |
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Replying to: gteach26 (Mar 28, 2007 9:22 am) |
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Replying to: lugoesq (Mar 31, 2007 6:29 am) 7 or 8 X5's sitting on the lot with lots of lookers but no takers will work wonders on the price!! I'm sure in some secret executive lair deep in the bowels of BMW headquarters there is a list of incentives ready to start as soon as the market conditions call for them... It's still a bit soon though... a few more months for the newness to wear off should do the trick.... hang on! |
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Replying to: soc_fans (Mar 27, 2007 1:33 pm)
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Replying to: anon3 (Apr 01, 2007 6:11 am) A much lower cap cost (with the dealers willing to take less profit on the deal) with good residuals and lease rates is where I think the X5 is headed... I can't see this SUV supporting this current price structure forever. Who knows.. maybe it will. |
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I've don't have much experience in car leasing/buying. I read all you Guy's comments. I don't know about various Dealer margins... So I just gave the dealers a final number... I want to buy X5(3.0) with Premium Pkg & Tech. pkg at $48600 whereas the MSRP with these accessories is about $3900 more  $52,500 So my questions are: 1.You think asking for $3900 discount is bit too much or you think its Doable??? Should I ask for more? 2. You think I should wait for some more time for prices/discounts to come down or its gonna stay like this only? PLEASE ADVISE..
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Replying to: xwoogiex (Apr 01, 2007 1:14 pm) I would wait. I am sure X5 sales are way under what they expected. I doubt the dealers are making by having the cars just sitting in their lots. They know there are better trucks for the prices they are asking, so it only makes sense to bring down the price and become more competitive. Hope this helps.
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Replying to: mmoreno1978 (Apr 01, 2007 1:58 pm) Also, I was checking this forum for old dates & I could see in early 2006 people discussing the X5 lease to be around $469.. But now its almost $750 for same thing.. But I have rarely seen MSRP coming down.. Do you think they might offer more discount later??? I don't have too much knowledge in this.. so don't have much idea
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I am a bit confused and need a little help..on the current special through BMW Financial 1.Is the money factor on a 2007 3.0 X5 .0022 or .002(36 mo 15k/yr) 2.What is the aquisition fee for the above mentioned car $625 or $825? 3.Should I even pay an aquisition fee? 4.Is it true BMW FS allows 7 MSD on the lease and knocks off .0007 per Security Deposit from the money factor which would come to a grand total of .00049 5.Is the residual on a 36 month 15k/yrlease 58% 6.Is it worth it to put down 7 MSD Basically I have ordered a 3.0 with premium, cold weather, rear climate, technology, heated rear seats and running boards, 3rd row seats...MSRP APROX 57275..Negotiated price 54285....I was quoted a monthly payment of 855...Total Tax rate on leases here is 10%...due at signing 1691 including first month's payment..security deposit waived as I am a returning BMWFS customer... Is this a good deal?? PLease help Thank you |
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