Last post on Dec 11, 2013 at 4:46 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW X5, Car Leasing, SUV
#717 of 2375 Just purchased lease
Apr 22, 2008 (2:03 pm)
R Cli Pkg
36/12 - no money down
722.00 including tax
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.
#718 of 2375 X 5 Lease experience Update
Apr 24, 2008 (11:57 am)
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 2375 Re: X 5 Lease experience Update [nj_bmw_byer]
Apr 24, 2008 (2:38 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?
#720 of 2375 Ending lease early to upgrade
Apr 25, 2008 (7:14 am)
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 2375 Re: Ending lease early to upgrade [gunnerintx]
Apr 27, 2008 (7:42 pm)
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.
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 2375 Re: money factor and residual for April 2008 [mannydom]
May 02, 2008 (2:20 am)
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.
Prices Paid: Buying & Leasing Experiences Forum
#723 of 2375 Re: money factor and residual for April 2008 [Car_man]
May 02, 2008 (3:33 pm)
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?
#724 of 2375 Please provide definitive lease info
May 06, 2008 (10:18 pm)
What are May/2008 MF and residuals for BMW X5 3.0 and 4.8
for 12,000 miles, 15,000 miles.
(I have BMW 535i with BMW FS.)
Also, how would multiple deposits reduce MF?
Finally, what is reasonable amount above invoice?
(BMW 535I recent lease was invoice +$800.)
Given BMW high MFs for X5, any suggestions on other SUVs to review with better leases?
May 06, 2008 (10:19 pm)
Anyone any ideas on getting lowest price for X5?
Not sure why they aren't cheaper, given economy and poor mileage...
Does 3.0 have enough pickup?
#726 of 2375 Re: X 5 Lease experience Update [doctorleo]
May 06, 2008 (10:25 pm)
My wife is considering BMW X5.
I have BMW 535i and have mixed feelings, but I did get reasonable deal.
I'm also in Los Angeles. Would you be kind enough to advise what kind of deals you are being offered on X5?
Thank you so much for your help.