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BMW X5 Lease Questions

1113 messages,  Last post on Dec 04, 2009 at 3:16 AM

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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#714 of 1113
Re: coolant problem [x5me] by rezf
Apr 11, 2008 (1:53 pm)
Reply

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 1113
Re: coolant problem [x5me] by kyfdx HOST
Apr 12, 2008 (6:17 am)
Reply

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 1113
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.
#717 of 1113
Just purchased lease by nj_bmw_byer
Apr 22, 2008 (2:03 pm)
Reply
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 1113
X 5 Lease experience Update by nj_bmw_byer
Apr 24, 2008 (11:57 am)
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 1113
Re: X 5 Lease experience Update [nj_bmw_byer] by doctorleo
Apr 24, 2008 (2:38 pm)
Reply

Replying to: nj_bmw_byer (Apr 24, 2008 11:57 am)

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?
#720 of 1113
Ending lease early to upgrade by gunnerintx
Apr 25, 2008 (7:14 am)
Reply
We have a 3 series sedan which we like a lot, so much in fact we want to upgrade early. We are 1 year into a 3 year lease. Does anyone have an opinion on if this is possible and if so, am I going to take a bath to get into an X5?
 
Thanks in advance
#721 of 1113
Re: Ending lease early to upgrade [gunnerintx] by psylence
Apr 27, 2008 (7:42 pm)
Reply

Replying to: gunnerintx (Apr 25, 2008 7:14 am)

Coming off a 3 year lease from being a loyal infiniti buyer. Currently have the M45 sport previously had an FX35. Things are looking on the up and up and am now able to afford my 3rd bimmer. i was at open road BMW in NJ. the sales guy was giving me the following deal.
 
X5 4.8I
Premium Package
Sports Package
Technology Package
White on Black
 
5,672 down ($800 of which is returnable security) $800 a month
 
I was willing to pay up front too and he gave me no money down and $811 month total equaling $26,763 +tax +title +destination fees.
 
Am i getting a good deal or am i getting Jacked? This would be a build to order situation.
#722 of 1113
Re: money factor and residual for April 2008 [mannydom] by Car_man HOST
May 02, 2008 (2:20 am)
Reply

Replying to: mannydom (Apr 12, 2008 3:09 pm)

HI mannydom. The selling price that you were quoted for the X5 that you are interested in, $1,250 over invoice, sounds reasonable to me, but you're right...the money factor is a little high. As you have read, BMW Financial Services' current buy rate lease money factor for the 2008 X5 3.0si is .00210 for returning BMW FS lessees. The dealer is trying to make a little extra back-end money on your deal by marking up your money factor. Make sure that the dealer uses this factor to calculate your monthly payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#723 of 1113
Re: money factor and residual for April 2008 [Car_man] by mannydom
May 02, 2008 (3:33 pm)
Reply

Replying to: Car_man (May 02, 2008 2:20 am)

Thanks Car_man. If he stands his ground and insists on .00250 MF, do I have any other option besides accepting the deal or walking away?

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