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BMW X5 Lease Questions

776 messages,  Last post on Jul 16, 2008 at 8:02 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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#710 of 776
Re: X5 3.0 or 4.8i lease rate for April [99_528i] by tg75
Apr 09, 2008 (8:20 am)
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Replying to: 99_528i (Apr 09, 2008 12:32 am)

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 776
Re: X5 3.0 or 4.8i lease rate for April [tg75] by mannydom
Apr 09, 2008 (9:34 am)
Reply

Replying to: tg75 (Apr 09, 2008 8:20 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 776
Re: X5 3.0 or 4.8i lease rate for April [mannydom] by tg75
Apr 09, 2008 (12:22 pm)
Reply

Replying to: mannydom (Apr 09, 2008 9:34 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 776
coolant problem by x5me
Apr 11, 2008 (1:36 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 776
Re: coolant problem [x5me] by rezf
Apr 11, 2008 (2:53 pm)
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Replying to: x5me (Apr 11, 2008 1:36 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 776
Re: coolant problem [x5me] by kyfdx HOST
Apr 12, 2008 (7:17 am)
Reply

Replying to: x5me (Apr 11, 2008 1:36 pm)

Hi, x5me....
 
Try this discussion: BMW X5 Maintenance and Repair
 
Good luck!
kyfdx
Host-Prices Paid Forums
#716 of 776
money factor and residual for April 2008 by mannydom
Apr 12, 2008 (4:09 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.
#717 of 776
Just purchased lease by nj_bmw_byer
Apr 22, 2008 (3:03 pm)
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2008 X5
MSRP 54,125
CCP 50,767
 
Options:
Pre Pkg
Tech Pkg
R Cli Pkg
Auto Tailgate
IPOD
Runningboards
 
36/12 - no money down
 
722.00 including tax
 
1800.00 inceptions.
 
I know they hosed me in inceptions, but I was so tired of complaining and arguing I just gave in. The car isn't delivered yet. Is this a decent lease and if not when the car arrives can I still cancel out of it.
 
Thanks
#718 of 776
X 5 Lease experience Update by nj_bmw_byer
Apr 24, 2008 (12:57 pm)
Reply
I just learned that BMW is giving away the premium pkg. so now my lease is with all the before mentioned options:
 
690.00 per month including taxes 36/12 zero down
#719 of 776
Re: X 5 Lease experience Update [nj_bmw_byer] by doctorleo
Apr 24, 2008 (3:38 pm)
Reply

Replying to: nj_bmw_byer (Apr 24, 2008 12:57 pm)

Giving away the premium package???? Does that mean $2500 big ones off vehicles already equipped with this very necessary option? I'm in los angeles and have about 10 dealerships competing for my business, would I be better off using the end of the month negotiating benefits or the potential for new lease deals (ie. improved MF of loyalty program people) that may come May1st?

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