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BMW X5 Lease Questions

1108 messages,  Last post on Nov 22, 2009 at 6:35 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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#874 of 1108
Re: Is this a good deal? [ryo998] by asteinberg
Jan 07, 2009 (10:33 pm)
Reply

Replying to: ryo998 (Jan 07, 2009 9:29 pm)

Sounds to me like your 3000 driveoff includes at least $500 cap reduction, or at least $15 monthly -- which makes it $700 a month. If this were 15000 miles, that would probably be at least $730 a month,
Depends how badly you want this car.
My wife chose between an Mercedes ML350 and Lexus 400H, both loaded with MSRP of $53K, a bit higher than yours, with 15000 (not 12000) miles, no cap reduction, for $580 monthly. That's $150 a month x 36, or $5400. I don't think it's worth $5400 a month extra for the X3
#875 of 1108
by ml2005
Jan 12, 2009 (6:10 pm)
Reply
Anyone know the current MF and residual for 2009 X5 4.8?
One dealer quoted me .0022 MF and .54 residual.
#876 of 1108
Re: Is this a good deal? [asteinberg] by gtreger
Jan 16, 2009 (8:12 am)
Reply

Replying to: asteinberg (Jan 07, 2009 10:33 pm)

Sorry to post this in the BMW forum but i am looking at the ML350 too and I wanted to confirm that you said $580/month with no cap cost reduction? sounds like a phenomenal deal can you share how you managed to get this
#877 of 1108
by asteinberg
Jan 16, 2009 (1:35 pm)
Reply
Sure. Simply indicated that I only compared apples with apples, so it had to be NO CAP REDUCTION, 15000 miles, and I was comparing different brands.
Incidentally, once I received $580 monthly, all the competitor brands (except BMW) matched.
My wife decided on Lexus 400H - about the same $53K MSRP.
We received a nice offer from Mercedes in Thousand Oaks -- (are you in So California), but we avoided Mercedes in Calabasas, because the guy tried to add $300 to the bank fee.
Nice to know this -- Lexus lease charges no turn in fee.
#878 of 1108
A good deal? by naijaguy
Jan 24, 2009 (3:45 pm)
Reply
I just got this offer for a 2009 X5 4.8:
 
Includes:
Cold Weather Pkg.
Premium Pkg.
Premium Sound Pkg.
Rear Climate Pkg.
Sport Pkg. ZSP
Technology Pkg.
Space Saver Tire
Comfort Access
Running Boards
Sport Pkg. #330
HD Radio
Satellite Radio
 
MSRP: 72070.00
MF: .0017
36 months
12k miles
Tax is supposedly included, but I forgot to ask if they factored in the fact that PA leases at taxed at 10%. The dealer is in New Jersey.
 
5000 drive off. Lease is $864/mo
 
Could you someone let me know if this is a good deal.
#879 of 1108
Re: A good deal? [naijaguy] by tcn2k
Jan 26, 2009 (10:27 pm)
Reply

Replying to: naijaguy (Jan 24, 2009 3:45 pm)

I got this deal:
 
2009 x5 4.8i
MSRP: 70,675.00
MF: .00155
Residual: 59%
10k miles
zero down
Drive off: $1,171.00 ( First payment + Registration )
Monthly including utah tax: $949.17
 
Is this good?
#880 of 1108
Re: A good deal? [tcn2k] by tidester HOST
Jan 26, 2009 (11:42 pm)
Reply

Replying to: tcn2k (Jan 26, 2009 10:27 pm)

How many months?
 
tidester, host
SUVs and Smart Shopper
#881 of 1108
Re: A good deal? [tidester] by tcn2k
Jan 27, 2009 (7:39 am)
Reply

Replying to: tidester (Jan 26, 2009 11:42 pm)

36 months.
#882 of 1108
Re: A good deal? [tcn2k] by tidester HOST
Jan 27, 2009 (11:20 am)
Reply

Replying to: tcn2k (Jan 27, 2009 7:39 am)

Your money factor works out to 3.72% APR which sounds pretty good.
 
tidester, host
SUVs and Smart Shopper
#883 of 1108
x5 2009 4.8i by tcn2k
Jan 27, 2009 (7:47 pm)
Reply
They found the car that was built and delivered on 1/24/2009 so my dealership was able to trade and get me the car I want in time for this incentive. Here's the low down. The car came with an extra package and option that I didn't have in my original build:
 
MSRP: 72,825.00
Negotiated: $68,755.00
Down bmw incentive (free for me): $2500.00
MF: 0.00155
Residual: 59%
Due at signing: $1,848.74 (1st payment + dealer fee + transfer cost from CA to Idaho)
Total a month with Tax included: $905.79
Without Tax: $847.72
 
Cheaper then my original. I just had to pay the extra 171.00 cap cost and 550.00 in transfer. but it came out cheaper then my original bid and i get an extra package and option. thoughts?

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