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BMW X5 Lease Questions

1117 messages,  Last post on Dec 06, 2009 at 9:09 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#763 of 1117
Re: correction [billmv] by pickle12
Jul 13, 2008 (5:12 pm)
Reply

Replying to: billmv (Jul 11, 2008 4:05 pm)

Not sure about the X3, but I wouldn't doubt it though...good luck!!
#764 of 1117
Re: Question on Customer Loyalty [koesterm] by rob34
Jul 14, 2008 (1:41 pm)
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Replying to: koesterm (Jul 13, 2008 5:59 am)

Just found out the following. Here is the quote from the sales guy.
 
It is .00200 my manager goofed. The payment is $837
 
Big difference. Any thought on the deal I was offered now?
#765 of 1117
MF and Residual on X5 by pmelanc1
Jul 14, 2008 (1:58 pm)
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I have seen a lot of numbers thrown around and I just want to confirm. Is the current MF on the X5 .0020 and is the customer loyalty reduction .0004 or .0008? Also is the residual on a 3 year/12k 55%?
Thanks for the info.
#766 of 1117
Re: Question on Customer Loyalty [rob34] by caveatesq
Jul 14, 2008 (3:46 pm)
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Replying to: rob34 (Jul 14, 2008 1:41 pm)

That's a terrible deal. There is a credit available to the dealer equal to the invoice price for the premium package or $2595. So you are basically paying $3595 over invoice. Given the state of the economy and gas prices, X5's are readily available for $1,000 or less over the invoice price less the premium package credit.
#767 of 1117
Re: MF and Residual on X5 [pmelanc1] by caveatesq
Jul 14, 2008 (3:48 pm)
Reply

Replying to: pmelanc1 (Jul 14, 2008 1:58 pm)

Residual on the X5 3.0 for a 36 month, 12k lease is 55%. Base money factor through 7/31 is now .0020 and .00160 if you qualify for BMW owner loyalty program.
#768 of 1117
Re: MF and Residual on X5 [caveatesq] by jamesg
Jul 14, 2008 (5:23 pm)
Reply

Replying to: caveatesq (Jul 14, 2008 3:48 pm)

these numbers are correct. i just got one at those rates for ~600 over "invoice", including the $2500 credit.
#769 of 1117
Re: MF and Residual on X5 [jamesg] by rdxer
Jul 15, 2008 (7:15 pm)
Reply

Replying to: jamesg (Jul 14, 2008 5:23 pm)

I picked my X5 up last week. I got it for about $2K under invoice. Given the approx $2.5k dealer cash for X5s with the premium package, I'd rethink any deal that doesn't go way below invoice.
#770 of 1117
Re: MF and Residual on X5 [rdxer] by rob34
Jul 15, 2008 (8:04 pm)
Reply

Replying to: rdxer (Jul 15, 2008 7:15 pm)

Did you lease? What are your payments?
#771 of 1117
X5 New Lease Program by lamark72
Jul 15, 2008 (10:39 pm)
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I just noticed that the BMW USA has a new lease program from 7/10-7/31. Does anyone know what are the MF and residual for the 609/mo lease?
#772 of 1117
Re: MF and Residual on X5 [rob34] by rdxer
Jul 16, 2008 (5:17 am)
Reply

Replying to: rob34 (Jul 15, 2008 8:04 pm)

Yes, I did lease.
 
MSRP $54,860
"Sell price" $48,150 (about $2K below invoice)
Cap Cost Reduction $3,000
Total out of pocket $4500
MF .0024 (yes, this was before the current MF drop)
Res 56%
36 months/10K mi per year
$658 month
 
Cap cost includes ($300 dealer fees, $825 BMWFS acquisition fees, and state sales tax which we pay all upfront). As a first time BMW lessee I had to pay a security deposit.

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