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BMW X5 Lease Questions

1118 messages,  Last post on Dec 07, 2009 at 11:03 PM

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

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#701 of 1118 Re: compared to a Q7.... [hachee2001] by rezf Apr 03, 2008 (6:08 pm)
Replying to: hachee2001 (Apr 03, 2008 11:53 am) residual value has a more profound effect on your lease payment than the money factor. Audi was in the business of hyper-inflating their residuals a few years back in order to make leases more attractive and ultimately improve sales. Those leases have started to mature in the past two years and Audi Financial is hurting as a result. They have stopped that practice now (some say the current residuals set by Audi are set below the market price so when these newer leases mature and customers turn them in, Audi Financial can recover some of the earlier losses) That is why dollar for dollar Audis are not leasing as well as they did 4-5 years ago. The only thing they can do now is provide a very low money factor, which helps...just not that much Replies to this message: hachee2001 (Apr 04, 2008 5:11 am) rezf (Apr 04, 2008 7:36 am)
#702 of 1118 Re: compared to a Q7.... [rezf] by hachee2001 Apr 04, 2008 (5:11 am)
Replying to: rezf (Apr 03, 2008 6:08 pm) Thanks, Rezf, I understand all that - I'm currently on my third Audi leases, and they've all been great deals, and I knew it couldn't continue. But my question is, what's a realistic amount over invoice that I can expect to be the cap cost? I thought I'd do better in this market, but I actually really prefer to get the car from my local dealer (not that they've been all that great to deal with and the service is less than perfect, but they're more convenient, and I'd like the option of a loaner car when servicing). Replies to this message: rezf (Apr 04, 2008 7:36 am)
#703 of 1118 Re: 2008 X5 5Lease quote [rezf] by mets86 Apr 04, 2008 (7:36 am)
Replying to: rezf (Apr 03, 2008 6:03 pm) Thank you for the response rezf. It looks like I have some room to negotiate a better price. I'll give it a try. Thanks.
#704 of 1118 Re: compared to a Q7.... [hachee2001] by rezf Apr 04, 2008 (7:36 am)
Replying to: hachee2001 (Apr 04, 2008 5:11 am) I have heard $0 to $500 over invoice in some markets. the key is to approach them towards the end of the month. also, with the introduction of the Q7 Diesel later this year, they should be able to roll out the existing Q7s pretty easily
#705 of 1118 Lease on 2008 X-5 4.8i by gfroio Apr 07, 2008 (5:02 pm)
I am finilazing on a 3 year 15,000 mi lease for an 2008 X-5 4.8i. I won't list out the options but the MSRP is 66,625 and the invoice is 61,245. I negotiated the selling price to 62,500, roughly 1,250 over invoice. While I asked for a .0021 money factor to be used, the sales rep has told me they have to use .0022 or the business manager makes absolutley nothing. The residual is 37,540. No money down they are giving me a lease price of 985.   I was thinking of going back to them and telling them if we are using the .022 money factor then I am willing to offer 62,250, basicially 1K over invoice.   Any opinions on this deal ?
#706 of 1118 Residual % for 12/36 mos. by cablue Apr 07, 2008 (9:49 pm)
Maybe I just missed it, but I don't see what the residual % is for a 3.0 12/36 mo. lease would be. Am I correct that the MF is .00021? Possibly making a deal this week. Are there incentives that I'm unaware of? Should I just hope to get the price at $500 to $1,000 over invoice? I'm a current BMWFS leasee, so is there loyalty benefits? Thanks for the input. Trying to figure this all out
#707 of 1118 Build an X5 versus "off the lot" by mets86 Apr 08, 2008 (5:32 am)
I'm turning in my 2005 X5 at the end of May and since I have enough time, the salesman wants to build my new 2008 X5 to my specs. From a quality standpoint, is there any downside to having a new one built versus buying one "off the lot"?? Any information would be helpful. Thanks. Replies to this message: cablue (Apr 08, 2008 7:04 am)
#708 of 1118 Re: Build an X5 versus "off the lot" [mets86] by cablue Apr 08, 2008 (7:04 am)
Replying to: mets86 (Apr 08, 2008 5:32 am) I feel that's the best way to get your BMW, ordering it just how you want it. Otherwise you're paying for things that don't really matter to you, buying off the lot. There's no difference as far as quality. Just make sure you're getting the price you want to pay. Don't let them tell you that, because you're ordering, you need to pay more. We ordered our first BMW. Many BMW's are bought this way.
#709 of 1118 X5 3.0 or 4.8i lease rate for April by 99_528i Apr 08, 2008 (11:32 pm)
I am just starting to look for either an X5 3.0i or 4.8i. 12k miles a year, 3 year lease. I'm currently in a lease with BMWFS, and I assume I'd have some sort of loyalty discount. Any numbers on the lease rates and residual? Thanks so much for the help. Replies to this message: tg75 (Apr 09, 2008 7:20 am) mannydom (Apr 09, 2008 8:34 am) tg75 (Apr 09, 2008 11:22 am)
#710 of 1118 Re: X5 3.0 or 4.8i lease rate for April [99_528i] by tg75 Apr 09, 2008 (7:20 am)
Replying to: 99_528i (Apr 08, 2008 11:32 pm) Just received my X5 3.0 and was current BMWFS customer. Here is the deal I got. From what I can tell, only difference was the security deposit (wasn't required).   Options: Premium Pkg, Rear Climate Pkg, Technology Pkg, Heated Front seats, Running boards, floor mats and 3rd row seat.   Monthly payment: $781.91 with $1,284.76 down payment. 60% residual and money factor .00225 (I would be curious if anyone thinks I should have gotten a better rate here) 3 yr - 12k miles a year   Ordered directly from factory and delivered to our home address. Had a great experience with the whole process using a dealership in Raleigh, NC. Replies to this message: mannydom (Apr 09, 2008 8:34 am) tg75 (Apr 09, 2008 11:22 am)

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