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BMW X5 Lease Questions

1118 messages, Last post on Dec 07, 2009 at 11:03 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: mistermayor (Aug 21, 2008 7:34 am) I am having the same situation here, I know how you feel. I am driving a 2006 X5 4.4 fully loaded is almost up. Still 2 more months to go. I've been paying $710 per month includes nyc 8.375% sales tax. That was 3 years ago, the money factor was 0.00075 51% residual 15k per year. Alway remember, try not to put a lot of money up front. Only pay the 1st month and bank fee if they have to charge for. There was no bank fee when I picked up my x5 4.4 3 years ago. but they do now. Never understood ? Here's the details for August 2008 2008 BMW X5 3.0 or 4.8 15K/ Year, 36Month Lease, The money factor is 0.00135, Residual Value for 15k is 55% NOT 53%. It sounds strange, but this is true. Even the sales quote you a $758 includes sales tax, I think this is still too much. I am not going to pay more than $710 per month not even with x5 3.0 I am hoping to see a 0.00075 money factor in September. Good luck to you Mr. Mayor SUV Man
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Replying to: suv800 (Aug 21, 2008 5:10 pm) This may be the case for you as a current BMWFS customer....given to you because you have an existing lease. I'm not getting that rate because I'm not a current BMWFS customer but even so, I should get the .002 MF! But the .00215 I'm being quoted is too hight I think, perhaps the dealer is marking this up in anticipation of having to lower the sale price to closer or below invoice? On the residual for August I thought it was set at 53 for the 3.0. Perhaps Car man can clarify the MF and residual for August? I'm going to be patient...and wait till the current offers expire....and see what they come up with for September...would be great if the MF dropped to .00075 but that is unlikely.
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Replying to: mistermayor (Aug 21, 2008 8:13 pm) Sounds like the case here... though your dealer should have pointed that out..
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Replying to: kyfdx (Aug 22, 2008 2:42 am)
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Has anyone been quoted a X5 4.8 with Sport Package + 20" Y Spoke wheels + Cold Weather + Navigation + iPod Adapter + Running Boards (MSRP of about 64K)for under $800/mo? I got quoted over the phone $843/mo but that is without any negotiating.
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Replying to: alvallejo (Aug 25, 2008 6:21 pm)
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Replying to: mistermayor (Aug 25, 2008 9:11 pm)
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Replying to: alvallejo (Aug 26, 2008 5:46 pm) |
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Replying to: mistermayor (Aug 22, 2008 7:30 am) BMW Financial Services' current buy rate lease money factor for the X5 3.0 is .00200 with the payment of a security deposit at lease signing. If you opt to have your truck's security deposit waived, it would raise this factor by .00015, unless you are a returning BMW FS lessee which makes you eligible for a free security deposit waiver. Loyal BMW FS customers are also being given a special .00040 money factor reduction on leases of the '08 X5 right now. You also can reduce your truck's money factor by making additional security deposits. BMW FS will reduce your vehicle's factor by .00007 for each additional deposit you make, up to a maximum of seven. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Aug 28, 2008 1:44 am)
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