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BMW X5 Lease Questions

750 messages,  Last post on Jul 03, 2008 at 12:05 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW X5, Car Leasing, SUV


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#660 of 750
Re: 5-31 Lease [newtolease] by mannydom
Mar 17, 2008 (9:14 pm)
Reply

Replying to: newtolease (Mar 16, 2008 9:57 am)

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 750
X5 3.0 and 4.8i lease offers by topgun26
Mar 19, 2008 (9:26 pm)
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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!
#662 of 750
Re: X5 3.0 and 4.8i lease offers [topgun26] by rezf
Mar 19, 2008 (10:01 pm)
Reply

Replying to: topgun26 (Mar 19, 2008 9:26 pm)

not much of a deal on either one. I'd say they are discounting the car maybe $1000 tops. You should be able to get at leat $3000 off MSRP and work the lease that way
#663 of 750
Bank aquisition fee? by jallanson
Mar 24, 2008 (3:16 pm)
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Hi:
After offering to sell me the car for dealer cost (08 X5 4.8 with tech, sport, 20" whls, rear climate pkg, cold weather pkg, premium pkg, prem sound, i pod interface, $64k, money factor .27) I see a "bank aquisition fee" of $825 added on to the lease as an addition to cap cost. Is this common for Calif. dealers or are they trying to sweeten their end of the deal?
 
Thank you!
#664 of 750
Re: Bank aquisition fee? [jallanson] by kyfdx HOST
Mar 24, 2008 (5:24 pm)
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Replying to: jallanson (Mar 24, 2008 3:16 pm)

All BMWFS leases have an acquisition fee..
 
The base fee is $625, and BMWFS allows dealers to mark it up by $200 for extra profit.
#665 of 750
Re: Bank aquisition fee? [jallanson] by rezf
Mar 24, 2008 (7:06 pm)
Reply

Replying to: jallanson (Mar 24, 2008 3:16 pm)

They have raised your Acq fee by $200. also your money factor should be .0025 not .0027 (so they are raising this value too). With the options you have listed, the invoice price is 62800. what is the MSRP of the car you are considering? Also, need to know the terms of the lease:
1) how much TOTAL up front
2) months and annual mileage of the lease
#666 of 750
How can I score great new lease ending curr lease with low mileage by lviv35
Mar 26, 2008 (12:46 pm)
Reply
Hi,
How can I score great new lease ending lease with low mileage?
My lease ends in May on 2005 X5 3.0. My mileage is aprox 20K. 10K less than allowed 30K. I bet that’s a steal for a dealer.
 
I want to lease 2008 X5 3.0. How can I benefit from it? What price range should I get on 3 yr 10K/yr lease with 0 down in NY/NJ?
 
Also, for how long can I extend my current lease?
 
Any suggestions are greatly appreciated. Alex
#667 of 750
BMW X5 Leasing by nj_bmw_byer
Mar 27, 2008 (7:57 am)
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My lease for my current X5 expires in April 28 2008. This was a no money down 36 mo/12 mile per year lease on a $51,900 car. I called my dealer ship and asked what price would it be for the exact same car with the same options. I am currently paying 635.00 including taxes.
 
This is what was quoted from a dealership in New Jersey.
 
2008 3.0 X5 $51,600.00 includes, premium pkg, cold weather pkg, rear climate pkg, heated rear seat, navigation and freight.
 
inception cost are 2000.00 which includes: 799.00 1st payment, 375.46 cap cost reduction,825.64 motor vehicle term, doc fee, lux tax.
 
The price he quoted was 799.00 including taxes. Why Do i have to pay over 150.00 more for the exact same car. Is this fair our he is trying to pull one over on me. It is the same car salesman that I purchased the first X5 from.
 
I thought because it was the same sales person and dealership and car I wouldn't have to go through the haggling this time. Any Info or advice you can give will be greatly appreciated.
#668 of 750
Re: How can I score great new lease ending curr lease with low mileage [lviv35] by nj_bmw_byer
Mar 27, 2008 (8:01 am)
Reply

Replying to: lviv35 (Mar 26, 2008 12:46 pm)

Hey Alex I am in the same boat as you in the same area. I only put 20K miles on my lease X5 as well. I have learned that you cannot extend you lease from BMW for more than 20 days without purchasing a new BMW vehicle.
 
My question is below yours and I would want to know about the milage issue as well.
 
Hope this helps
#669 of 750
BMW X5 Lease Dilemma by nj_bmw_byer
Mar 28, 2008 (5:09 am)
Reply
I lease a BMW X5 in 2005. My lease ends in May 2008. It was for a 36/12, no money down lease, at 630.00 per month including taxes. The prices I am getting for the same lease for the exact same car at the same dealership and salesperson is now 799.00
 
The sales price of the 2005 X5 vehicle was 50035.10. Using the Edmunds lease calculators, I cannot get my lease payments of 630.00. Please reassure that this works. So I can negociate with confidence. If I can't get the exact same lease price using the exact same numbers that was documented on the 2005 lease agreement and quoted to me by the salesperson in 2008 what use is it?
 
So my question is: How was my 2005 lease price calculated and why is the lease price for the same car now 799.00 instead of 630.00? And if he is taking advantage how is he doing it?
 
If it helps both cars have Xenon lights, premium pkg, 6cd changer,rear climate pkg, cold weather pkg, Navigation, heated rear seats.
 
Also if anyone else is leasing a BMW in the NYC NJ area contact me and we could unite our efforts Ajastorm2002aol.com

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