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BMW X5 Lease Questions

1114 messages,  Last post on Dec 04, 2009 at 3:11 PM

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

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#744 of 1114 Advice: 2 vs 3 year lease by innajl Jun 13, 2008 (3:39 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. Replies to this message: Car_man (Jun 23, 2008 1:26 am)
#745 of 1114 Re: Advice: 2 vs 3 year lease [innajl] by Car_man HOST Jun 23, 2008 (1:26 am)
Replying to: innajl (Jun 13, 2008 3:39 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 1114 X5 lease deal by lamark72 Jun 30, 2008 (10:38 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 Replies to this message: ckm1515 (Jul 01, 2008 6:57 am) Car_man (Jul 07, 2008 1:10 am) pelucidor (Jul 07, 2008 12:42 pm) rdxer (Jul 08, 2008 6:00 am)
#747 of 1114 Re: X5 lease deal [lamark72] by ckm1515 Jul 01, 2008 (6:57 am)
Replying to: lamark72 (Jun 30, 2008 10:38 pm) I don't know about it for the month of July but through June, PP option credit of $2,505 was still in play as was OLP discount of .00025. I should know, as that is what I rec'd and am schedule to have my vehicle by mid July.   I believe the resid on a 36M/12K lease was 55% as of June 08 Replies to this message: Car_man (Jul 07, 2008 1:10 am) pelucidor (Jul 07, 2008 12:42 pm) rdxer (Jul 08, 2008 6:00 am)
#748 of 1114 July Info by pelucidor Jul 02, 2008 (6:57 pm)
My first post here.   I have been thinking about a loaded X5 3.0 for the last two days after a wonderful test-drive on Monday night. Car will have to be built to order: Premium, Tech, Cold Weather, Rear Climate, 3rd Row Seat, Rear Entertainment, Auto Tailgate, iPod/USB Connection, Running Boards, Comfort Access. Color is Monaco/Sand/Walnut. The MSRP is $59875, and I am trying to get to $56025 which is $1000 over invoice.   Today two different dealers confirmed that the Premium Package Option Credit is still available until September 2nd. The only change to this incentive is that now you actually have to have Premium Package on your X5 - last month the dealer got the credit even if the car didn't have the package. Value of Option Credit is still $2505, which means my target price is really $1500 below invoice.   Money factor for July and August is 0.0024 if you are not an existing BMWFS customer (I am coming from a Lexus GX470). Residual for 15k miles per year for 36 months stays at 53%.   The first of 7 dealerships I phoned today offered me $825 + tax per month with no cap cost reduction and for 36 month/15k miles (up front cost of $2600 or so including Security Deposit and first months payment). A little haggling and another $5 came off plus floor mats and possibly a cargo mat thrown in.   So at $820 per month (plus PA taxes of 9%) I think I have a good deal which is quite close to invoice before the Option Credit kicks in - other dealers have not been able to match it so far, and some sounded shocked (acting?). Unless anyone here has any misgivings on the deal I am placing my order next week for late August delivery.   Please let me know your thoughts...
#749 of 1114 X5 July numbers by jamesg Jul 03, 2008 (8:41 am)
Does anyone have the July lease numbers from BMW FS? I am interested in 36mo/15k for returning customer. I assume that the PP credit is still in play. I was hoping that we would see something a bit more aggressive considering the June sales numbers. Thanks in advance. James Replies to this message: caveatesq (Jul 03, 2008 11:05 am)
#750 of 1114 Re: X5 July numbers [jamesg] by caveatesq Jul 03, 2008 (11:05 am)
Replying to: jamesg (Jul 03, 2008 8:41 am) 53% residual w/ 15k   MF is .00240 less .0004 if you qualify for the owner loyalty program   Premium package credit of about $2,500 (at invoice) is also still in play.   These rates are in effect through 9/2.
#751 of 1114 Re: X5 lease deal [ckm1515] by Car_man HOST Jul 07, 2008 (1:10 am)
Replying to: ckm1515 (Jul 01, 2008 6:57 am) The $2,505 option credit is still available in July.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: pelucidor (Jul 07, 2008 12:42 pm) rdxer (Jul 08, 2008 6:00 am)
#752 of 1114 Re: X5 lease deal [Car_man] by pelucidor Jul 07, 2008 (12:42 pm)
Replying to: Car_man (Jul 07, 2008 1:10 am) The $2505 Premium Package Option Credit is in effect until 2nd September, according to two dealerships I have confirmed it with. Just placed my build order today - $1500 'below invoice' thanks to this Option Credit.
#753 of 1114 Re: X5 lease deal [Car_man] by rdxer Jul 08, 2008 (6:00 am)
Replying to: Car_man (Jul 07, 2008 1:10 am) thanks for the info. Will pick my X5 up this later week -- I'll leave more details shortly, but got the vehicle for about $2000 under invoice. Thanks again.

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