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Prices Paid: Buying & Leasing Experiences BMW X5 Lease Questions
1117 messages, Last post on Dec 06, 2009 at 9:09 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Oct 04, 2005 3:12 am) In any case, for additional info for others, with $2,500 due on signing they want $660 per month (NJ Taxes included) for a 3.0 with a list price of $51,970. I compute that the dealer is still making over $2,500 on the vehicle so the monthly payment can still come down a bit... |
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MSRP of $44,470 Cap cost of $41,970 (Full MSRP less $2,500 down) MF of 0.0010 Residual $26,682 (60%) Payment comes out to $493.32 + tax To get their $499 number you have to use a Cap cost of $42,170 which means they are charging you $200 over MSRP!
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Replying to: drtravel (Oct 04, 2005 9:19 am) regards, kyfdx Host-Prices Paid Forums
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Replying to: kyfdx (Oct 04, 2005 11:36 am)
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Replying to: bdr127 (Oct 04, 2005 12:34 pm) My local dealer changes the numbers, even when they use a copy of the national ad in the local paper.... with the money factors marked up.. Of course, they don't advertise the money factor in either of the ads, but the ads in the local paper have monthly payments about $20-$30/mo. higher than the example on the website, for the exact same model.. Additionally, most of the BMW national lease ads assume about a $1000 discount from MSRP, taking into account any dealer incentives... That leaves plenty of profit for the dealer at the advertised deal. regards, kyfdx Host-Prices Paid Forums
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| What is a good target price for 2006 3.0 X5, automatic, prem. pkg, and rear climate? If I am a current BMW FS customer, purchased 2 years ago, what money factor should I be getting? I was told by a dealer that it is .0012 and that only current "lease" customers can get the .0010 Is this true? I have good credit. I'm assuming I should get the security deposit waived as well. Lease is 10K/yr and residual 60%. Thanks. | |
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Hello thetaxman. The 57% residual value that you were quoted for a 36 month, 15,000 miles per year lease of a 2006 BMW X5 is correct. I am not sure how much your state charges for title and plates so I cannot help you out with that aspect of this deal. Car_man Host Smart Shopper / Prices Paid Forums
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Hello bmwshopper1. I would be happy to give you an idea of how much it should cost to lease the truck that you are interested in. However, in order for me to do so I need you to provide me with its full MSRP (with the destination charge added in). It would be helpful if you were able to provide me with an approximate selling price for this truck as well, but not completely necessary because we can always just assume $500 or $1,000 off of MSRP for the purpose of calculating a lease payment. If you were to lease a 2006 BMW X5 through BMW FS right now for 3 years, its buy rate lease money factor should be .00100 with the payment of a security deposit and BMW FS' acquisition fee. Car_man Host Smart Shopper / Prices Paid Forums
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| Buyer beware...while using all the intelligence I have gained and can remember from this site, I have tried to talk to BMW dealers. Before I started asking questions and or quoting information about MSRP and Money Factors, actual leases etc, the dealers talked with me freely. Once I started using this information I can't get anyone to talk to me. It is like they were looking for people that had more money than brains........just food for thought is all....I will let you know when and if I buy my X5 4.4i......... | |
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Replying to: kyfdx (Oct 04, 2005 12:38 pm) |
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