Last post on Dec 11, 2013 at 4:46 PM
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BMW X5, Car Leasing, SUV
#652 of 2375 Re: End of Lease Auto Value for a 2005 X5 3.0 [mannydom]
Mar 05, 2008 (5:02 am)
Chances are the residual is not going to be lower than what the car is worth; however, at lease end you are under no obligation to purchase the resdiual, you can just walk away from the lease. If you want to "trade-in" you would have to buy the car at the residual price from BMWFS and then trade the car in towards a new one.
Residuals have not changed, but money factor for March is 0.00210.
There are advantages to applying for a new lease with BMWFS, because as a returning customer they waive the Disposition fee on your current vehicle and also waive the security deposit on your next BMW.
There are owner loyalty programs on select BMWs (not X5, but 3 series and 5 series and 7 series) so you would also get a break there
#653 of 2375 Re: End of Lease Auto Value for a 2005 X5 3.0 [rezf]
Mar 05, 2008 (9:14 am)
Rezf...thank you for the comments and suggestions. Do you think the money factor will be even less for April when I'm ready to get another lease? I'm looking to lease a 2008 X5 3.0. Anyone have comments on the optional packages?
#654 of 2375 Thanks rezf
Mar 06, 2008 (10:15 am)
rezf...thanks for the heads up on the money factor. Told my salesman about it and lowered my lease payments by about 30+/mo.
manny...I ordered my X5 last month with the factor of .00255. I told the salesman that if they had a pull ahead program and/or any other incentive/rebate/factor that was better then I wanted it (they were buying my lease out 3 mos. early). They agreed. Picking up the car today.
#655 of 2375 Re: Thanks rezf [3rdgin]
Mar 06, 2008 (11:26 am)
You can put an application for the lease. This will lock you the rate and is good for 30 days, maybe even 60 days so check with dealer. If by April, the rates are lowered, the dealer should honor you the newer rate if it is lower.
I got mine FULLY loaded with every option possible, except 3rd row seats and rear entertainment. The only option that I feel you should NOT overlook is Active Steering. I never would have considered Active Steering, had it not been on my car already as I had the impression it made the drive feel artificial. FAR FROM IT! It is a must for this veicle. A breeze to navigate in tight spots and parking lots and at highway speeds, it becomes linear like a conventional steering feel.
#656 of 2375 good deal?
Mar 13, 2008 (11:29 am)
I am returning my leased 2005 x3 at the end of this month. I am looking at a 2008 x5: dk green, tobacco interior, cold weather package, ipod adapter, rear entertainment system, mats, msrp 51125, invoice price 47500, quoted sale price 48994, acq fee 625, mf .00210, zero down- I was told for all fees and 1st mo I would have to pay 1745.25, monthly payments $710 for 12k, 36 months.The residual is 60%
Also, as an aside, I think I might buy this car at the end of the lease. Does this make sense to do?
Is that a good deal?
We live in Mass.
#657 of 2375 Re: just leased an X5 yesterday, pick it up next thurs. [jgav]
Mar 14, 2008 (1:48 am)
Hi jgav. I'm glad that you have found this forum so helpful. Congratulations on getting your new X5. Thanks for taking the time to share the details of your new lease with everyone. Don't forget to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your new ride .
Prices Paid: Buying & Leasing Experiences Forum
Mar 14, 2008 (1:56 am)
Hi drmy. The selling price that you were quoted is $1,500 over invoice. That's not bad, but there might be a couple hundred more dollars to play with there. The money factor that you were quoted is right in line with BMW Financial Services' current buy rate for this model. This looks like a very fair deal to me. Whether it makes sense to purchase this X5 at the end of your lease will depend upon what its purchase option price is compared to its real world value at that time.
Prices Paid: Buying & Leasing Experiences Forum
Mar 16, 2008 (8:57 am)
I am kind of new to leasing and this forum has been great. I have a x5 lease that expires on 5-31 and I am now looking at leasing a 2008 x5 . I saw in the paper an advertised special 24 mos. 10k $3800 down and payment of $468month. I assume it is for the base model (which I don't mind). Is this sound like a good deal ? Or a good point to start from in regards to negotiating? Before I go meet with the sales dept. I would like to have an idea of what to expect
Thank you for your help and beaing with me on what some may think is a simple question.... I just hate the car buying process
#660 of 2375 Re: 5-31 Lease [newtolease]
Mar 17, 2008 (8:14 pm)
Hi! I know how you feel. I'm in the same boat...finishing up my lease 4/23/08. This site is helpful so if you have not checked out the prior entries, do so. Also check out leaseguide.com. The hosts of this thread are cool.
I'm also looking to lease an X5 3.0 monaco blue with sports package. Anyone out there know or may anticipate the residual and money factor for April, 2008?
#661 of 2375 X5 3.0 and 4.8i lease offers
Mar 19, 2008 (8:26 pm)
Hey these are 2 offers i have received on x5 3.0 and 4.8:
X5 3.0- msrp 61,075
36month/12k, $0 down, taxes in payment(nassau county, NY)= $899
X5 4.8i- msrp 68,675
36month/12k, $0 down, taxes in payment(nassau county, ny)= $1,023
-Any thoughts? thanx!