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BMW X5 Lease Questions

2260 messages,  Last post on May 18, 2013 at 1:32 PM

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What is this discussion about? BMW X5, Car Leasing, SUV

Messages Page 75 of 227

#737 of 2260 X5 lease by postermike

Jun 11, 2008 (10:14 am)

I'm just checking out the X5 so I have no specific vehcile in sight but I don't see any recent postings about 24 months so here goes.
 
2008 X5 3.0i
24 Month Lease at 10k/yr.
Returning BMW FS customer
Money Factor?
Residual?
 
Also, on my current lease I paid the entire lease up front and never really got a sense of how much that saved me (if any). With BMW, what are the advantages (cost) of paying up front?
 
Thanks,

#738 of 2260 Re: X5 lease [postermike] by tidester

Jun 11, 2008 (10:59 am)

Replying to: postermike (Jun 11, 2008 10:14 am)
what are the advantages (cost) of paying up front?
 
It would seem that you are entitled to a refund of the interest you would have paid had you elected to make all the payments on time. Anyone know for sure?
 
tidester, host
SUVs and Smart Shopper

#739 of 2260 Re: X5 lease [tidester] by kyfdx HOST

Jun 11, 2008 (11:25 am)

Replying to: tidester (Jun 11, 2008 10:59 am)
Generally, BMWFS pre-paid leases get a .0008 reduction in the money factor vs. a normal lease.. However, that deduction is only from the standard lease rate.. If the rates are subvented, then the reduction may be smaller or none at all...
 
Example:
Assume standard lease rate is .0028, and no subvented rates are available. The prepaid lease is figured with a discounted rate of .0020, just as if you were making the payments monthly.. then, the total of payments is added to get the pre-paid amount.... On a typical 36 month X5 lease, this might save you around $2000-$2500 in finance charges...
 
However, the X5 usually has a somewhat subvented lease rate... so, the savings would probably be lower than that, in a real-world example. For example.. right now the X5 has a MF of .0024, while the standard BMWFS rate is .00263.. The rate for a pre-paid lease would be .00183.. Making the savings about 2/3 of the generic example above...
 
regards,
kyfdx
Host-Prices Paid Forums

#740 of 2260 Re: X5 lease [kyfdx] by tidester

Jun 11, 2008 (7:48 pm)

Replying to: kyfdx (Jun 11, 2008 11:25 am)
Thank you! That's very helpful.
 
tidester, host
SUVs and Smart Shopper

#741 of 2260 Re: X5 lease [kyfdx] by postermike

Jun 12, 2008 (7:42 am)

Replying to: kyfdx (Jun 11, 2008 11:25 am)
Thanks. Since I always do 2 year leases, I'm sure it would be a bit less. However the savings would be much more than I'm making in interest from the bank and, even in investments these days.
 
Any numbers (residual % and mf) for a 2 year lease on a 3.0 in Atlanta, GA?

#742 of 2260 Re: X5 lease [postermike] by kyfdx HOST

Jun 12, 2008 (8:13 am)

Replying to: postermike (Jun 12, 2008 7:42 am)
.0024 and 63% for 15K/yr.. 24 month
 
Add 2% for 12K
Add 3% for 10K
 
There may be some dealer incentives or lower MFs for returning BMWFS customers, but I'm not certain what those might be...
 
regards,
kyfdx

#743 of 2260 Re: X5 lease [kyfdx] by ckm1515

Jun 13, 2008 (12:04 pm)

Replying to: kyfdx (Jun 12, 2008 8:13 am)
.00025 MF reduction for returning customers which equates to .00215. I should know, that is what I got.

#744 of 2260 Advice: 2 vs 3 year lease by innajl

Jun 13, 2008 (4:39 pm)

I need an advice on 2 vs 3 years lease. I was leaning toward 3 years but then someone brought up the fact that I might have to replace tires. On the other hand the lease price will go up in 2 years, and having it for 3 years would let me pay less for one extra year.
So what do people think ? It seems like 3 years is the most popular option for this forum members.

#745 of 2260 Re: Advice: 2 vs 3 year lease [innajl] by Car_man HOST

Jun 23, 2008 (2:26 am)

Replying to: innajl (Jun 13, 2008 4:39 pm)
Hi innajl. I personally almost always go with 36 month leases instead of 24 month leases, unless the manufacturer has some sort of special promotion that makes the 2 year lease more attractive...which BMW does not right now. Your monthly payment will be much more attractive on a 3 year lease of this truck. As far as the tires go, just make sure to have them rotated on a regular basis and there's a good chance that you won't have to replace them, provided your mileage is not outrageous.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#746 of 2260 X5 lease deal by lamark72

Jun 30, 2008 (11:38 pm)

Does anyone know if the "option credit" for the premium package is still available?
  
What's the money factor and residual value for 36M/12K lease on X5?
  
Thanks

Messages Page 75 of 227

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