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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
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I'm in NY. I should have pulled the trigger in April, because May numbers are awful: On a 36mo/10K lease, the residual went from 61% to 56%. The MF went from .0021 to .0025. This alone raises the price at least $100/mo (I didn't get a firm number, since I was in shock). I don't know what a reasonable price over invoice or discount off list is right now, but obviously BMW isn't that anxious to move these cars. |
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Replying to: mannydom (May 02, 2008 3:33 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: asteinberg (May 06, 2008 10:18 pm) As far as multiple security deposits go, each additional deposit that you make after the first (unless it is waived because you are a returning BMW FS lessee) will reduce these trucks' money factors by .00007. You can make up to a maximum of seven additional deposits for a total money factor reduction of .00049. I am not personally all that familiar with what the market is like for the X5 right now, but you may be able to get a good idea of how much you will have to pay for one by visiting the "BMW X5 Prices Paid and Buying Experience" discussion. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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HI, Anybody knows when we should expect new lease pull ahead program? Thanks |
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I'm picking up my new leased '08 X5 later today. This is my 2nd consecutive X5 lease. I just got a phone call from the dealership and they're trying to sell me two new features that according to them, were not available when I leased my 2003 X5. The first is for excess wear and tear at the end of the lease. It acts like a "mini" insurance plan for damage to the car at the end of the lease. I pay $600 up front and it covers me for up to $2,500 costs for excess wear and tear. It also has a $100 deductible. The second is for the tires. I $589 up front, it covers me if I have to replace a damaged tire at anytime during the lease for damage (pothole, nail, etc). It covers any amount of tires that would need to be replaced. Does anyone know of these options? Are they worth buying or are they another way to get ripped off? Any input would be great. Thanks.
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Replying to: mets86 (May 21, 2008 8:25 am) I had the excess wear and tear on my last X5 and collected $400 for damages to the car. My policy had no deductible and was extremely easy to collect on. Once BMW inspected the car and assessed my security deposit for the damage I sent the paperwork to the insurance company and they reimbursed me with no questions asked. I hope this helps you. |
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Replying to: rrusso1 (May 21, 2008 9:39 am) I'm looking for the numbers for an X5 3.0, 36 months, 10K/year. (NY area, if that matters.) Any other specials such as the premium credit? Seems like this was added after the beginning of the month last month (and in April).
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Replying to: hachee2001 (Jun 03, 2008 7:54 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: hachee2001 (Jun 03, 2008 7:54 am) |
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Replying to: Car_man (Jun 04, 2008 3:16 am) Alpine White/Tobacco/Dark Bamboo Premium Package/Rear Climate/Heated Front Seats/IPOD/Park Distance/Running Boards 36 Month/15K lease MSRP $52,675 Selling Price $47,390 Taxes $1,771.01 Total Cap Cost $ 49,161.07 Total Upfront $2,100.75 Residual 53% LRF of .00215 Monthly payment of 755.81 Any thoughts? I was quoted a PP dealer credit of $2,505 |
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