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BMW X5 Lease Questions

2262 messages,  Last post on May 19, 2013 at 9:01 AM

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

Messages Page 95 of 227

#939 of 2262 Re: May Money Factors [spiderv6] by Car_man HOST

May 15, 2009 (3:08 am)

Replying to: spiderv6 (May 01, 2009 8:49 am)
Hi spiderv6. I'm not sure if anyone has answered this question yet, but just in case they haven't here's the information that you're looking for.
 
BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 BMW X5 3.0 with 15,000 miles per year are .00180 and 55%, respectively.
 
BMW is currently providing a $1,750 cash incentive on leases of this truck for loyal customers, but no special money factor reduction.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#940 of 2262 Re: Anyone have these May figures? [jefhack1] by Car_man HOST

May 15, 2009 (3:13 am)

Replying to: jefhack1 (May 07, 2009 5:16 pm)
Here you go, Jeff. BMW Financial Services' May buy rate lease money factor and residual value for a 36 month lease of a 2009 BMW X5 3.0 with 10,000 miles per year are .00180 and 58%, respectively.
 
Since you are a current BMW lessee, you are eligible for a $1,750 loyalty cash incentive on your new lease. Make sure to take this cash into account when negotiating your vehicle's capitalized cost.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#941 of 2262 Re: BMW Loyalty Cash question [jefhack1] by Car_man HOST

May 15, 2009 (3:20 am)

Replying to: jefhack1 (May 14, 2009 6:12 am)
Hi jefhack1. You absolutely can apply the $1,750 loyalty cash incentive that BMW is providing on the X5 right now towards the capitalized cost of your new lease. How does the dealer suggest that you apply it? I suppose that it's six of one and half dozen of another if you decide to use it to pay your truck's first month's payment, acquisition fee, etc... at signing rather than reduce the cap cost anyhow.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#942 of 2262 X5 3.0 Lease? by trabd123

May 19, 2009 (1:38 pm)

I just signed a lease for an X5 3.0 with rear climate, ipod/usb, heated front seats, BMW assist and running boards for $713 (NY sales taxes included) for 36 months and 10k miles. MSRP is 51,125 and selling price is 48k. Bank fee and 1st payment are upfront.
 
The dealer said that invoice price is $47,600. I'm not sure if it's true.
 
What do you think guys, is it a good deal?

#943 of 2262 Re: X5 3.0 Lease? [trabd123] by tomcat626

May 22, 2009 (1:29 am)

Replying to: trabd123 (May 19, 2009 1:38 pm)
I believe it's a good deal. It's about the best you can get from a honest dealer.

#944 of 2262 X5 3.0 Lease Feedback by mel04

May 30, 2009 (10:00 pm)

CarMan and others, can you please provide your feedback on the following offer in NYC for a X5 3.0 lease:
 
Miles: 10K/y
Residual: 58%
MF: 0.0018
MSRP: $57175 (Premium, Tech, and Cold Weather packages)
Selling Price: $55000
Cap Cost Reduction: $53250
Monthly payment (without tax): $713
Zero down
Amount due at signing (NY taxes and fees): $4664.68
 
Also, any recommendations on a better deal in the NY/NJ/CT areas?

#945 of 2262 need advise by x5fan10

Jun 01, 2009 (12:50 pm)

I am in baltimore and planning to lease X5.
this is the quote i have gotten-
X5 3.0- technology package, premium, 3rd row, rear entertainment, rear climate and cold package- 55750.
 
Need advise- should i tell the dealer NOW, that i am interested in a lease? Or Should i wait for my test drive and tell then, when i actually plan to buy? Also, should i negotiate more?
Do they ever go below their invoice price? Dealer says his invoice is 55415.
 
thanks

#946 of 2262 Re: need advise [x5fan10] by tomcat626

Jun 02, 2009 (12:07 am)

Replying to: x5fan10 (Jun 01, 2009 12:50 pm)
IMHO, once you get to their bottom line, which is their selling price, just apply it to the formula, everything else is straight forward. I would send couple of email to different dealers to get quotes first.

#947 of 2262 Re: X5 3.0 Lease Feedback [mel04] by tomcat626

Jun 02, 2009 (12:09 am)

Replying to: mel04 (May 30, 2009 10:00 pm)
It's a good deal to me if the sign off was not that high.

#948 of 2262 X5 2009 30i Lease - Northern Virginia by johnpatrick3

Jun 02, 2009 (10:30 am)

I made the following lease deal on a 2009 X5 30i here in Northern Virginia last week at Fairfax BMW. After a couple of days of back and forth, eventually was able to custom order an X5 which will be delivered in 4-6 weeks.
 
X5 30i, Vermilion Red, Sand Beige Nevada Leather, Light Poplar Wood Trim
Premium, Tech, Cold Weather, Rear Climate, iPod Adaptor, Smartphone Integration, HD Radio
$57,375 MSRP
$52,955 Selling Price
$1,750 existing customer additional cap reduction
additions include VA tax, title, tags
36 months, 12k mileage allowance
Residual 55%
Money Factor .00180
$1,500 due at signing + First Month payment upon car delivery in 4-6 weeks
Monthly payment $716
 
Dealership initially had money factor of .00220 but thanks to postings in this forum, I knew that was a markup. Salesman initially pitched a custom order to me while emailing back and forth. Once we sat down and started talking numbers it was clear they would not discount a custom order very much, so we started negotiated for a similar car on their lot (not the color that my wife wanted), so after getting that car down to basically the same numbers as above, I still did not want to pay more than $1,500 at signing (ie, no additional $716 first month payment). Manager stepped in and said there is just no way to go lower...and after much hand wringing he suggested just letting us custom order and that got us the color we wanted and pushed the first month payment back 4-6 weeks, which actually worked better for us since we have an existing lease on a Volvo that is set to expire in July. Manager said they train their salespersons not to negotiate pricing very much on custom orders and to try to move the cars already on their lot (makes sense). I think it is a fair deal and the guys at Fairfax BMW were very pleasant to deal with.

Messages Page 95 of 227

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