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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 50 of 227

#483 of 2262 Re: New lease rates?? [infinitimn] by Car_man HOST

May 04, 2007 (3:36 am)

Replying to: infinitimn (Mar 22, 2007 6:49 pm)
Hi infinitimn. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 X5 3.0 with 10,000 miles per year are .00230 and 61%, respectively. If you want, you can pay additional security deposits to lower this truck's money factor. For each additional security deposit you make BMW FS will lower your vehicle's money factor by .00007, up to a maximum of seven additional deposits.
 
Car_man
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Prices Paid Forum

#484 of 2262 Re: New Lease Programs X5 3.0? [lugoesq] by Car_man HOST

May 04, 2007 (3:41 am)

Replying to: lugoesq (Mar 30, 2007 5:55 pm)
Hey lugoesq. BMW has enhanced its money factors on the X5 over the past couple of months. Its buy rate lease money factor for the X5 3.0 is now .00230, which is equivalent to an interest rate of around 5.5%. This is much better than the money factors that were available on this truck when the redesigned version was first introduced, but it is still going to be fairly expensive to lease.
 
Car_man
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Prices Paid Forum

#485 of 2262 Re: Want to Buy... Please Guide [xwoogiex] by Car_man HOST

May 04, 2007 (3:51 am)

Replying to: xwoogiex (Apr 01, 2007 2:14 pm)
Greetings xwoogiex. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
The truck that you described has a spread of around $4,200 between its full MSRP and its dealer invoice price. Prices have already started to come down on the X5, but I suspect that a discount of $3,900 is a little optimistic. Try stopping 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
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Prices Paid Forum

#486 of 2262 Re: Car Man or anyone Help!!! [sheikh37] by Car_man HOST

May 04, 2007 (4:11 am)

Replying to: sheikh37 (Apr 02, 2007 7:29 am)
Hi sheikh37. BMW Financial Services' current buy rate lease money factor for the 2007 X5 3.0 is .00230.
 
BMW FS charges an acquisition fee of $625 on every deal. Individual dealers do not have the authority to waive this charge, but they are allowed to and often try to mark it up by a couple hundred dollars to add hidden profit to deals.
 
The information that you posted about BMW FS' multiple security deposit program is right on the money.
 
BMW FS' current 36 month, 15,000 mile per year residual value for the 2007 X5 3.0 is 58%.
 
The truck that you described has a spread of over $4,600 between its full MSRP and its dealer invoice price. In my opinion, the $3,000 discount that you negotiated on this truck isn't bad. It is probably around $1,600 over invoice on a recently redesigned truck. It wouldn't hurt to compare the price that you were quoted with the prices that other community members have recently paid for similar trucks though: "BMW X5: Prices Paid & Buying Experience".
 
Car_man
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Prices Paid Forum

#487 of 2262 Re: Car Man or anyone Help!!! [Car_man] by paxtonk

May 04, 2007 (4:01 pm)

Replying to: Car_man (May 04, 2007 4:11 am)
My salesperson tells me that the .00230 MF is only good for current BMW owners. I'm in the So. California area, is what I'm being told true?
 
Thanks.

#488 of 2262 Re: CAR-MAN-THOUGHTS ON QUOTE - X5 3.0 2007 lease [lugoesq] by Car_man HOST

May 07, 2007 (2:13 am)

Replying to: lugoesq (Apr 06, 2007 9:04 am)
Hi lugoesq. What is this truck's MSRP? I ask because it will show me how much of a discount you are bring given on it. BMW Financial Services' current buy rate lease money factor for the 2007 X5 3.0 is .00230 with the payment of a security deposit at lease signing and .00245 with the deposit waived.
 
Car_man
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Prices Paid Forum

#489 of 2262 Re: BMW X5: Lease Questions [cinderelly] by Car_man HOST

May 07, 2007 (2:16 am)

Replying to: cinderelly (Apr 08, 2007 12:22 pm)
Greetings cinderelly. Since you have never leased before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
If you provide me with this truck's MSRP I will gladly tell you what I think of the selling price that you were quoted. The MSRP will also enable me to use BMW's current lease program to estimate what your lease payment should be like.
 
Car_man
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Prices Paid Forum

#490 of 2262 Re: May Lease Rates [donkey1217] by Car_man HOST

May 07, 2007 (2:22 am)

Replying to: donkey1217 (May 01, 2007 12:43 pm)
Hi donkey1217. I believe that BMW's May lease program for the X5 slightly worse than it was in April. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 X5 3.0 with 15,000 miles per year are .00230 and 58%, respectively. The numbers for an otherwise identical lease of a 2007 X5 4.8 are exactly the same.
 
Car_man
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Prices Paid Forum

#491 of 2262 Re: May Lease Rates [paxtonk] by Car_man HOST

May 07, 2007 (2:28 am)

Replying to: paxtonk (May 03, 2007 11:10 am)
Hi paxtonk. See my previous post for the X5's 36 month numbers. The money factors for 42 month leases of these trucks would be the same, but their residual values would drop to 53% for the X5 3.0 and 52% for the X5 4.8.
 
Car_man
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Prices Paid Forum

#492 of 2262 New to BMW Leasing by msc20005

May 08, 2007 (1:34 pm)

Hello, Thank you all for having such an informative and active forum. I'm glad I found it.
 
I've just sold my '01 Audi allroad (if the buyer is satisfied with the pre-purchase inspection at the dealer, fingers crossed), and am considering the X5 4.8i as a replacement.
 
This will be my first lease, and am drawn to it by the disappointment in the resale value after owning and selling several cars.
 
I visited the local BMW dealer last Saturday and spec'd out an truck with Sport, Premium, 3rd row, Rear Climate, Tech, Cold, and iPod... Total was about $67k. The 36 mo lease offer was approx $1150/mo, including the 10% DC Tax. Residual was 61%, MF .0027. The salesperson said she wasn't supposed to tell me the MF, but was being nice, so she left it on the desk for me to see. Right. I wasn't able to reproduce the monthly figure with the formulas on the web, I kept coming out a about $100 low.
 
Based on this and the Prices & Experiences forum, I now see that this was a pretty bad deal, plus the fact that she was only offering $500 off MSRP.
 
Here are my questions: What affects the MF I am offered at the dealer? Are the tabulated residual, MF, and lease length figures published, or is this the best place to find them? How often are these figures updated? Do promotional leases manipulate the residual, MF or both? If I know the current rate from this forum, can I negotiate for that? Given the advice to avoid paying down the capitalized cost, does it then make sense to get the shortest lease possible, i.e. 24 months? Regarding the multiple security deposits for reducing the MF, are those refunded at the end of the lease? Does everyone qualify to make multiple deposits? Do you have to ask for that deal specifically?
 
Thanks in advance.

Messages Page 50 of 227

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