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BMW X5 Lease Questions

1116 messages, Last post on Dec 04, 2009 at 10:39 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: chrisutley (Apr 01, 2009 3:14 pm) 1st Formula ((your cost*(list price*residula percent))/term in months 2nd Formula ((your cost+(list price*residual percent)*money factor when you add the results of those together you will get your payment Once I had this negotiating got much easier hope this helps
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Has anyone heard about the new programs or MF rates for the April Leases?
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Replying to: bstncarbyr (Apr 02, 2009 6:40 am) Lease Payment Calculation Formula: (Cap Cost – Residual Value) / Term = Depreciation (Cap Cost + Residual Value) X Base Rate = Interest Depreciation + Interest = Base Monthly Payment Terms Used in Lease Formula: CAP COST = Vehicle Purchase Price (amount financed) RESIDUAL VALUE = MSRP (window sticker) X Residual % TERM = Length of Lease in Months (3 years = 36 months) BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit) |
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Replying to: bstncarbyr (Apr 02, 2009 6:46 am) Let me know if you need any other info. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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CarMan and/or Kyfdx, 1. My lease on my X5 is coming to an end. I'm interested in leasing another X5 (the 4.8) this month. Since I'm a returning BMW customer, what is April's money factor, residual value % for a 36 month, 15,000 mile lease. Are there any other values I should know or special lease options available. Edmunds "incentive list" for the X5 4.8 does not have any reported. Thank you
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I don't think this is a good deal but would like input on what "could" be a good deal: 2009 X5 xDrive30i Cold Weather Premium Pkg Tech Pkg Running Boards iPod and USB adapter Satellite radio w/1 yr subscription All Weather floor mats Here's the offer: Vehicle Price: $58,960.00 Appearance Protection Program: $329.00 Preferred Customer Discount: -$2,948.00 Selling Price: $56,341.00 Sales Tax (estimate): +$5,228.37 Tag/Registration Fees (estimate):$143.00 Documentation Fee: + $151.65 Electronic Filing: + $25.00 Balance Due (estimate): $61,889.02 36 month lease with $2500.00 down: $993.00
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Replying to: dmchicago (Apr 08, 2009 7:23 am) |
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Replying to: milti (Apr 04, 2009 5:56 pm) BMW is currently providing a $1,750 loyalty cash incentive on leases of this truck to returning customers. Make sure to take this cash into account when negotiating the capitalized cost for your lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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MSRP 71270, discount to 67707 (invoice is 65445) 0 down lease, 12K per year, 36mos = $944.69 base payment w/o tax When asked if they are using .00155 as the moneyfactor, am told they mark that up to .00195. But they are using 58% residual since it's 12K a year and not 15K which is 56%. How close should I a) push to get to invoice price or b) get money factor reduced to .00155. Money factor difference is $1500 over three years. Even if I leave the price at 67707 (2262 over invoice) but get them to do the .00155 money factor, it's $50/mo less payment! Any one with similar experiences or negotiation suggestions please post. |
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Hello, I was offered the following premium purchase on X5 with the following features: - Premium package - Cold package - iPod/USB MSRP: $54,874 Selling Price: $52,265 Interest rate: 2.9% 60 months 10,000 miles/year down payment: $5,000 monthly payment: $643 Final Payment: 22300 To lease this car for 36 month, 10,000 a year would be $746 a month. Do these deals make sense? Does the premium purchase make sense? I know that I will have to pay all the taxes up fromt. Thanks. |
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