- #564 of 1118
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X5 CPO Money Factor and Residuals
by isingh
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Nov 28, 2007 (5:27 am)
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Hello - does anybody know the money factors and residuals for a 12K / 15K 12/24/36 month X5 CPO lease?
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- #565 of 1118
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New Lease rates for Owner Loyalty
by vat69
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Dec 08, 2007 (11:47 am)
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BMW has dropped the lease rates by .001 for returning/existing BMW owners. The revised lease rate for Dec. is 0.0017. This is about a $90 per month reduction on a 3 yr 36m lease for a $50k car.
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- #566 of 1118
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Re: New Lease rates for Owner Loyalty [vat69]
by billmv
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Dec 08, 2007 (8:43 pm)
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Replying to: vat69 (Dec 08, 2007 11:47 am)
vat69......do you happen to know the lease rates and residuals for returning owners of X5s? I have one where the lease expires in Oct 2008, and I'd like to start figuring out some tactics very early about how to deal with BMW.
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- #567 of 1118
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Re: New Lease rates for Owner Loyalty [billmv]
by vat69
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Dec 09, 2007 (9:55 am)
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Replying to: billmv (Dec 08, 2007 8:43 pm)
The current lease rate for returning owners is .0017, however who knows what it will be next October! Residuals are 60% for 3yr/36k miles and 61% for 3yr/30k miles. This is on the 3.0's. Not sure on the 4.8's - probably the same.
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- #568 of 1118
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Re: New Lease rates for Owner Loyalty [vat69]
by billmv
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Dec 09, 2007 (10:12 am)
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Replying to: vat69 (Dec 09, 2007 9:55 am)
Thanks! I have a 2005 4.4, by the way. I'm also wondering what the numbers might be if I wanted to extend my current lease for another 9-12 months. I like the car, and wouldn't mind keeping it for another year. Got any knowledge of what might happen in that case? Do you think BMW would use the residual value they would have used for a 48 month lease back when they did my current lease (which was a 39 month lease rather than a 36, in July 2005)? It seems like the residuals usually drop off pretty drastically when you go from a 36 month deal to a 48 month deal, and the money factors go up quite a bit too, so the numbers maybe pretty bad. I'd probably be better off to just go to a new one.
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- #569 of 1118
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Re: New Lease rates for Owner Loyalty [billmv]
by vat69
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Dec 10, 2007 (10:48 am)
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Replying to: billmv (Dec 09, 2007 10:12 am)
I am not familiar with lease extensions (probably rarely done) but I would suspect that your monthly payment may not be significantly different if you just went with a new lease with minimum down payment. As the car ages, the depreciation increases exponentially, causing the residuals to drop-off sharply.
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- #570 of 1118
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Re: New Lease rates for Owner Loyalty [vat69]
by infinitimn
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Dec 10, 2007 (2:32 pm)
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Replying to: vat69 (Dec 10, 2007 10:48 am)
In my experience BMWFS does not have a problem if you want to keep your vehicle two months longer, or more that that if you are waiting for a new BMW and have a VIN or order number. Anything else and you would have to negotiate a new lease on your old vehicle, and as vat69 says you will probably be better off with a new vehicle.
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- #571 of 1118
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Is this a good lease?
by bee2004
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Dec 10, 2007 (4:20 pm)
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2007 X5 4.8 - MSRP $62,320
Lease 3yr./36 mo.; no money down
$910/mo.
Although, it is not necessary for purposes of my question, but just FYI - I was told this includes dealer payment of TT&L (approx. $4K) and $3000 dealer cash toward my lease.
Any comments are much appreciated.
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- #572 of 1118
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Re: Is this a good lease? [bee2004]
by vat69
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Dec 11, 2007 (11:30 am)
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Replying to: bee2004 (Dec 10, 2007 4:20 pm)
Just this week I was offered a 2007 4.8 with MSRP of $62,925 for $815 inclusive of CA tax of 8.75% with $1,200 at drive off....so not a very good deal.
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- #573 of 1118
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Re: Is this a good lease? [vat69]
by bee2004
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Dec 11, 2007 (2:13 pm)
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Replying to: vat69 (Dec 11, 2007 11:30 am)
Thanks. I assume your lease was a 36 month / 36K mi. lease as well. I know my lease payment was calculated on a .0027 MF, so I wonder how you got your payment so low with no down payment or security deposit. Lower cap costs? Lower MF? Just curious to know where I am loosing on my battle.
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