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BMW X5 Lease Questions

1116 messages,  Last post on Dec 04, 2009 at 10:39 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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#707 of 1116
Build an X5 versus "off the lot" by mets86
Apr 08, 2008 (5:32 am)
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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.
#708 of 1116
Re: Build an X5 versus "off the lot" [mets86] by cablue
Apr 08, 2008 (7:04 am)
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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 1116
X5 3.0 or 4.8i lease rate for April by 99_528i
Apr 08, 2008 (11:32 pm)
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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.
#710 of 1116
Re: X5 3.0 or 4.8i lease rate for April [99_528i] by tg75
Apr 09, 2008 (7:20 am)
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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.
#711 of 1116
Re: X5 3.0 or 4.8i lease rate for April [tg75] by mannydom
Apr 09, 2008 (8:34 am)
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Replying to: tg75 (Apr 09, 2008 7:20 am)

tg75,
 
Did you inquire about a BMWFS loyalty discount? How was your experience during the inspection of the car you returned. How many inspections did you have to go through?
 
On your SAV, what was MSRP and your agreed price? Then you'll know how close you were from invoice price. I thought money factor was .00210 for April.
What is your tax rate in Raleigh, NC and did you pay taxes up front?
 
I'm in the process of dealing for my 3rd BMW from same dealer and salesman (2008 X5 3.0si) and second time around with BMWFS. My specs...
 
Sport Package
Rear Climate Package
Gray Nevada Leather
BMW Assist
 
MSRP $53,375
Invoice Price via Edmund's $49,105
 
Told salesman my price...$800 over invoice. Does anyone think he'll make a deal? I welcome any comments.
#712 of 1116
Re: X5 3.0 or 4.8i lease rate for April [mannydom] by tg75
Apr 09, 2008 (11:22 am)
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Replying to: mannydom (Apr 09, 2008 8:34 am)

Yes, I inquired about discounts and they mentioned the lower MF. I tried for the lower .0021 MF but was told they couldn't go lower. From other dealerships in NC, I was gettting quotes using .00255, so I didn't push it.
 
Tax rate is 3% in NC and is incorporated in the monthly payment. I paid roughly $1,000 over invoice. The down payment break out was:
1st months payment($781) + Fees (472) + Tax ($14) = $1,267.
 
manneydom, I think you have good shot with $800 over invoice. I didn't return my other car, so can't help you with the inspection process.
#713 of 1116
coolant problem by x5me
Apr 11, 2008 (12:36 pm)
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i have a 2001 bmw x5 4.4 recently i had the alternator changed & now there is another problem the coolant leaks after 15 to 1/2 hr after its parked the fluid is leaking between the engine & the transmission & cannot no find excatly where the leak is coming from can anyone help me?
#714 of 1116
Re: coolant problem [x5me] by rezf
Apr 11, 2008 (1:53 pm)
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Replying to: x5me (Apr 11, 2008 12:36 pm)

This site, from my understanding, is to share buying experiences and consult on lease numbers. I think you may find a wealth of information on x5world.com. Try your query there
#715 of 1116
Re: coolant problem [x5me] by kyfdx HOST
Apr 12, 2008 (6:17 am)
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Replying to: x5me (Apr 11, 2008 12:36 pm)

Hi, x5me....
 
Try this discussion: BMW X5 Maintenance and Repair
 
Good luck!
kyfdx
Host-Prices Paid Forums
#716 of 1116
money factor and residual for April 2008 by mannydom
Apr 12, 2008 (3:09 pm)
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I think my car salesman is trying to clean me out. To think that this is going to be my 3rd BMW purchased from him. Please help. X5 3.0si agreed price is $1,250 over invoice. I want to lease for 3 years 15,000 miles per year. He is presenting me an offer of money factor .0025, residual 58%, and acq fee $875. There is no down payment and monthly is $889.40 (taxes included---Cook County, Illinois 7.75%). At pickup, need to pay $1197.40.
 
I have followed this thread. I have seen MF to be .0021 and residual from 58-60%. Any comments? I countered with MF .0021 and residual 58%. Do the numbers make sense?
 
For 3 years 12,000 miles/year he offered MF .0025 and residual 60%.
 
I will truly, truly appreciate anyone's thoughts.

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