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Prices Paid: Buying & Leasing Experiences BMW X5 Lease Questions
1109 messages, Last post on Nov 28, 2009 at 9:39 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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?
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Replying to: rob34 (Jul 15, 2008 8:04 pm) 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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Replying to: lamark72 (Jul 15, 2008 10:39 pm) residuals are 55% for 12k miles/yr, 53% for 15k miles
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Replying to: jamesg (Jul 16, 2008 5:25 am) Is the .002 negotiable or not? |
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Replying to: rdxer (Jul 16, 2008 5:17 am)
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Replying to: rob34 (Jul 16, 2008 1:54 pm) |
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I have an offer for a 2008 X5, 4.8si, 36000 miles or 36 months. Options: Premium, Tech, Sports, Rear Climate, Cold weather, Third row, ipod, Sirius, running board (MSRP 67520). Total out of pocket (including taxes): 4100 Monthly payment: 754.50 Regardless of the price, Money factor or residual, Is this a good deal? Thank you. |
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Replying to: bizzie (Jul 31, 2008 8:01 pm)
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Replying to: rob34 (Jul 31, 2008 9:00 pm) I had to work it a little by getting 5-6 quotes. I didnt discuss money factor or cap cost or delar incentives with them, just the monthly payment. |
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Long time reader, first time poster here... I've been reading a lot and learning as much as I can about leasing a BMW. I'm a current owner and have always purchased up till now but somehow my head is telling me that now is a good time to lease an SUV/SAV. With that in mind, I'd appreciate any comments/advise on the deal I have worked with my CA....its not a done deal yet but whats below is the latest I have. Therefore I'll start off with a question on the August MF. Is the August MF on the 3.0 X 5 with a a 36 mth lease still .002? If thats the case, then call the police, I think I'm getting robbed! Consider the following quote from my CA 08 X5 36 mth term with 15 K Miles/year MSRP of $57,270 (included prem pack) Sale Price Agreed $51,290 (he's not forthcoming with the factory to dealer premium pack rebate, do you think this is included here?) Residual 53% ( this looks correct) Money Factor .00215 (WTF?, I initially though this would be .0016 with the owner loyalty disco, but then he re quoted with .00215 after I told him I'm an owner but not a current BMW FS customer) Zero Down and no trade in ( no cap cost reduction to keep things simple! I'll negotiate that with him later) Monthy Payment of $758/mth Plus 9% PA lease sales tax bringing the total monthly to $827/mth. Some thing tells me this isn't right and that i can do much better.....your thoughts and comments/advise are appreciated. Mister Mayor
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