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Prices Paid: Buying & Leasing Experiences BMW X5 Lease Questions
1100 messages, Last post on Nov 09, 2009 at 8:49 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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,
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Replying to: postermike (Jun 11, 2008 9:14 am) 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
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Replying to: tidester (Jun 11, 2008 9:59 am) 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 |
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Replying to: kyfdx (Jun 11, 2008 10:25 am) tidester, host SUVs and Smart Shopper |
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Replying to: kyfdx (Jun 11, 2008 10:25 am) Any numbers (residual % and mf) for a 2 year lease on a 3.0 in Atlanta, GA?
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Replying to: postermike (Jun 12, 2008 6:42 am) 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
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Replying to: kyfdx (Jun 12, 2008 7:13 am) |
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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.
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Replying to: innajl (Jun 13, 2008 3:39 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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 |
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