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BMW X5 Lease Questions

2268 messages,  Last post on Jun 17, 2013 at 2:28 PM

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

Messages Page 2 of 227

#10 of 2268 Re: Sept. lease numbers? [tpjcourtney] by drtravel

Sep 10, 2005 (10:39 am)

Replying to: tpjcourtney (Sep 09, 2005 12:41 pm)
Here's a deal advertised in the LA Times (Century West BMW)
 
2005 X5 3.0 - lease for $396 + tax 36mo/30K
 
MSRP of $45,020, selling price of $37,532 ($7,488 of MSRP), cap reduction of $3,000 so total cap cost is $34,532
 
Using 57% residual and 0.0028 money factor I come up with a payment of $414.95. Not sure how they calculated the $396. Total drive off is $5,168 whcih includes $3,000 cap reduction, $450 security deposit, $625 acquistion, $396 first month payment and $697 of something else - maybe additional cap reduction?

#11 of 2268 Re: Sept. lease numbers? [drtravel] by tpjcourtney

Sep 10, 2005 (12:36 pm)

Replying to: drtravel (Sep 10, 2005 10:39 am)
It has to be additional cap reduction.
 
With the additional $697 it comes to $394/mo according to my calculations. I got the same $415 as you did without that. Strange they would mention the selling cost and the 3000 down pmt, but not put the 697 anywhere in the ad. If they are expecting the purchaser to put the additional money down they have to call out what it is, don't they? Other wise it looks like the same 36mo, 10k/yr lease that I was talking about.
 
Even with $7488 off, the money factor of .0028 (or 6.7% interest) is killing any chance of me leasing an X5. But since the local dealers have an average of about 5-7 05's on the lot right now, they are not worried about it.

#12 of 2268 Re: Sept. lease numbers? [drtravel] by kyfdx HOST

Sep 10, 2005 (3:44 pm)

Replying to: drtravel (Sep 10, 2005 10:39 am)
Try it again using the money factor of .0025
 
I think that is the correct money factor...
 
regards,
kyfdx
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#13 of 2268 2006 BMW X5 4.4 and 3.0 new rate for Oct. by suv800

Sep 11, 2005 (2:33 pm)

Yes, the price will come down back to the August price in October for 2006 BWM X5 4.4, And, the prices will be under $600 if tax upfront, 15k per yr.
The new rate for October is came from internal memo of BMW Usa. Hopefully every one will have what they want.
 
 

#14 of 2268 Re: Sept. lease numbers? by Car_man HOST

Sep 12, 2005 (4:28 am)

Hi tpjcourtney. When BMW introduced the dealer cash that is is now providing on the 2005 X5 it cut way back on its lease money factor support. Its September buy rate lease money factor for a 36 month lease of any '05 X5 model through BMW FS should be .00250. Make sure to take the $5,000 dealer cash that BMW is providing on the '05 X5 3.0i and $6,500 that it has on the '05 X5 4.4i this month into account when you are negotiating your vehicle's capitalized cost. If you are good at negotiating you will get a dealer's rock bottom price for the vehicle that you want, regardless of whether you buy one or two at a time. If their selling prices are already as low as they are going to do, there's no reason for a dealer to sell you a vehicle at a loss or at least for less than they could get by selling it to another individual just because you are buying two.
 
Car_man
Host
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#15 of 2268 Re: Short term lease, X5 by Car_man HOST

Sep 12, 2005 (4:30 am)

Here's the information that you are looking for, peachtree103. If you were to lease a 2005 BMW X5 3.0 or 4.4 (their lease programs are the same) through BMW Financial Services right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00250 and 59%, respectively. The numbers for an otherwise identical 30 month lease should be .00250 and 55%. Yes, the aforementioned dealer cash can be used to reduce the capitalized costs of vehicles leased through BMW FS.
 
Car_man
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#16 of 2268 Re: Realistic Lease price by Car_man HOST

Sep 12, 2005 (4:34 am)

Hi Jay. We are already at the end of the 2005 model year. You will have to wait until at least October for the 2006 X5 to be as cheap to lease as the 2005 model currently is. Of course, it is difficult to tell what manufacturers will do with their future incentives with 100% accuracy. You should be able to get a good idea of what BMW's current lease program and dealer cash are on the truck that you are interested in by reading my previous two posts. If you provide me with a full MSRP (with the destination charge added in) and selling price for the exact truck that you are interested in, I would be happy to calculate a sample lease payment on it for you.
 
Car_man
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#17 of 2268 Re: Short term lease, X5 [Car_man] by peachtree103

Sep 12, 2005 (11:30 am)

Replying to: Car_man (Sep 12, 2005 4:30 am)
Thanks Car_Man. I like the new format.

#18 of 2268 X5 lease on BMWUSA by drtravel

Sep 14, 2005 (3:00 pm)

MSRP of $43,670 (Invoice is $35,030)
Cap cost is 35940 ($2,500 down + $5,000 incentive + $230 off)
57% residual
money factor of 0.0025
payment is $458.97 + tax
 
dealer is still making $3,410 on the car - seems high

#19 of 2268 Re: X5 lease on BMWUSA [drtravel] by kyfdx HOST

Sep 14, 2005 (4:14 pm)

Replying to: drtravel (Sep 14, 2005 3:00 pm)
Usually, the BMW advertised lease specials assume a $1000 discount from MSRP, in addition to any dealer incentives..
  
 I haven't reverse-engineered the payment from the ad, but I do notice that the cap cost includes the acquisition fee of $625, so the discount you calculated would be at least $625 more.
  
regards,
kyfdx
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Messages Page 2 of 227

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