Last post on Jun 19, 2013 at 8:02 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, Car Leasing, SUV
#919 of 2270 Re: Lease options [milti]
by Car_man HOST
Apr 22, 2009 (3:07 am)
Greetings milti. BMW Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2009 X5 4.8 with 15,000 miles per year are .00155 and 56%, respectively.
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.
Prices Paid: Buying & Leasing Experiences Forum
#920 of 2270 2009 X5 Lease Quote
Apr 24, 2009 (1:32 pm)
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.
#921 of 2270 Lease vs. Premium Purchase
Apr 25, 2009 (3:20 pm)
I was offered the following premium purchase on X5 with the following features:
- Premium package
- Cold package
Selling Price: $52,265
Interest rate: 2.9%
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.
#922 of 2270 X5 3.0 Lease- Good?
Apr 27, 2009 (2:49 pm)
Returning BMW customer working a deal on a X5 3.0 in Texas. Current deal on the table:
09 X5 3.0
$53,195 - $1830 below Invoice
$794 monthly lease payment including taxes & $1750 returning customer discount
$794/mnth seems a bit steep to me but I'm upgrading from a 3-series so is this a good deal?
#923 of 2270 Re: X5 3.0 Lease- Good? [txbmwguy]
Apr 27, 2009 (9:23 pm)
Sounds a little high. I got the following quote today from a Long Island, NY dealer:
09 X5 3.0
Premium Package, heated seat, rear climate, sat, ipod
10k per year
$781 including NY state tax (8.75%)
no discount or down payment.
#924 of 2270 May Money Factors
May 01, 2009 (8:49 am)
Does anyone know what the money factors are for May and any other deals / reductions available?
#925 of 2270 Re: May Money Factors [spiderv6]
May 03, 2009 (5:43 pm)
I tried unsuccessfully to get the numbers from the dealer yesterday.
I'm not sure why this discussion forum site is not active, is it because of the economy so most of the activities are happening in the Mazda and Toyota forums or because x5 is not a good car?
Does anyone know of a good discussion site that handles this type of cars?
#926 of 2270 Re: May Money Factors [spiderv6]
May 06, 2009 (11:05 pm)
This is what I quote from a dealer:
PREMIUM PKG., REAR CLIMATE PKG., TECHNOLOGY PKG., RUNNING BOARDS, HEATED SEATS, IPOD/USB ADAPTER
36mos 12K/y MSRP$56,225
$760+tax +drive off, no down payment
Looks like it's the best they can do, why is it so hard to bring their number down? My 2007 lexus RX350 (selling price $39000) only costs me $500 a month (tax included) with no money down for the same terms.
#927 of 2270 Re: May Money Factors [tomcat626]
May 06, 2009 (11:52 pm)
What were the residuals on those two deals?
SUVs and Smart Shopper
#928 of 2270 Re: May Money Factors [tomcat626]
May 07, 2009 (5:08 am)
What was the total MSRP for the vehicle after you add the options.
I was able to get a 2009 with MSRP of 73320 for 841/mo plus tax, 0 down, 36, 12k.