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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
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Replying to: beoperson (Jan 18, 2008 11:43 am) MSRP - 72,325 Invoice 66,295 Purchase Price 63, 095 (this includes the 3K cash back) Lease Factor .0275 32 month lease (Residual 64%) 10K mileage allowance $790 per month lease plus tax, title, lic., acquistion fee and first months payment. No security deposit I did not negotiate b/c I thought this was a great deal. Although I did get him to throw in Satelite Radio b/c his original add said the car had it, and actually it didn't. Dealership told me that the had a great December and were told that they were not getting many X5 deliveries in January. Supply is low across the country.
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Replying to: brentslu (Jan 18, 2008 12:40 pm) |
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Hey, I am looking to turn in my X5 next month but do not want to stay with same dealer in NJ (Defeo) as they will not give me a good deal! So am currentlly looking. What is the MF and residual on this vehicle? I was told that it was 58% and .00270 - is this accurate? Are there any dealers in the NY metro area giving any incentives since it is nearly end of month? Are the internet specials on their web pages any good, except for the fact that they only offer 10k (I need 15K) & can I negotiate their advertised numbers or just start from scratch? Thanks
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Just got offered deal on 07 x5 3.0, cold weather/premium/rear climate/runningboards/3rd row/satellite/ipod/park distance/comfort access msrp 57370, price 53215, cap red 2500, 32 months, 10K/year, MF .0025, resid .64 $4188down including taxes/fees and $653/month with tax inc good deal? |
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Replying to: voldermort (Jan 19, 2008 8:26 am)
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Replying to: eights38 (Jan 22, 2008 3:00 pm)
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Replying to: jaser (Jan 24, 2008 6:26 pm) 2008 BMW X5 3.0si 4WD SUV 24 Month – Residual 70% of MSRP – .00270 Base Rate 36 Month – Residual 60% of MSRP – .00270 Base Rate |
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I have a dealer in Manhattan that is giving me the "selling price" of $52,225/( with options of comfort access, premium package, cold weather package, rear climate). the 58% residual and 0.00270 MF.(my lease on my x5 ends next month). Total of 750.25 monthly. I told him that I wld pay 625 up front with taxes. MV fee, and 1st mth pymt. He quoted this as having to pay out of pocket $4006.17. BTW he said that in all his "upteenth" years working he has never heard of anyone paying the bank fee upfront! Is this a sound deal? AND he said there is no previous owner loyalty MF on this. AND he did not use the refundable monies that will be coming back to me from BMWFS as 'security deposits". IS THIS A GREAT DEAL? He said this was $1000.00 over invoice. Yet - he sold me the X5 (36 months ago) that I have right now at $750 over invoice - and now the numbers are so high and different. I have the same options with the exception of the comfort access & pay right now $559 monthly!!!! WHY IS THAT  Here's another question - how would I know if the money factor and residuals are going to change for February expecially since the rates are down now 'cause of news of 'recession'?????  Please let me know asap. Thanks
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Replying to: voldermort (Jan 25, 2008 7:57 am) Are you dealing with BMW of Manhattan? There is no way of telling the direction of residuals and money factors month-to-month. A rule of thumb is residuals decline during the course of the year as a new car becomes old. If you need more help, please feel free to email me or reply.
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Just starting to research leasing an X5 with only the cold weather option...making the MSRP of the car around $47,500...anyone have any lease deals to share? I am currently leasing a BMW.... thanks so much! 
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