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BMW X5 Lease Questions

1109 messages,  Last post on Nov 28, 2009 at 9:39 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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#977 of 1109
Re: MF and residuals? [tomcat626] by x5fan10
Jun 22, 2009 (10:34 am)
Reply

Replying to: tomcat626 (Jun 22, 2009 10:12 am)

thanks Tomcat626
 
is the MF same for all or i could get a different no. whn i go to the dealer?
#978 of 1109
Re: MF and residuals? [x5fan10] by tomcat626
Jun 22, 2009 (1:54 pm)
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Replying to: x5fan10 (Jun 22, 2009 10:34 am)

If not a returning customer, you get this 0.00195 MF straight. Unless you leave one security deposit to lower it to 0.0018.
#979 of 1109
Re: MF and residuals? [tomcat626] by tomcat626
Jun 22, 2009 (2:04 pm)
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Replying to: tomcat626 (Jun 22, 2009 1:54 pm)

The finance guy told me that I will have to pay $350 of disposition fee at the lease end plus any damage fee. I was showed a little piece of plastic measure tool and told any damage or scratch larger than 2 inches on each PANEL would cost me at least $300 at lease-end, and any TWO scratches less than 2 inches are considered a LARGE scratch. That part really scared me off. Then he tried to sell me the Safe Lease program for almost $1400...
Anyone knows if BMWFS is actually that strict on their return lease?
#980 of 1109
Re: MF and residuals? [tomcat626] by kyfdx HOST
Jun 22, 2009 (3:28 pm)
Reply

Replying to: tomcat626 (Jun 22, 2009 2:04 pm)

Then he tried to sell me the Safe Lease program for almost $1400...

 
I think you answered your own question..
#982 of 1109
Decisions Decisions by teck2u2
Jun 22, 2009 (7:40 pm)
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Hi - I went Hassel BMW in NY this evening and was quoted the following on a 36M/10K miles per Year lease:
 
09 X5 xDrive 30i
MSRP $55,625
SP $52,704
Total out of Pocket $4,452 this includes (Tax, 1st Month Payment, Security Deposit of 1 Months Payment, Title)
Rebate $1,750 (Cap Cost Reduction)
MF – 0.180
Residual 58%
The price is basically Edmunds TMV and includes the following:
- Cold Weather Package $1,250
- Technology Package $2,600 [this includes Navigation and Park distance control (back up camera)]
- Running Boards $300
- Rear Seat Entertainment $1,700
- Nappa Leather Upholstery $1,450
 
Can you please tell me if:
1. This is a good lease?
2. Is the Selling Price okay?
3. Is the MF correct?
4. Can I get a better deal?
I know Car_Man advises against money down but I want to keep my payment decent. I am also considering the Acura MDX with Tech and entertainment package (my wife actually prefers this car, go figure) and I made an offer of $40,800. Waiting to hear from Acura Dealer
 
Decisions, decisions!
 
Help!
#983 of 1109
my deal..a question-URGENT by x5fan10
Jun 23, 2009 (3:18 pm)
Reply
finally went to a dealer today. this is the deal.
x5 black with prem, cold, tech and rear entertainment.
MSRP-57275.
FINAL PRICE 53450
36 MONTHS 12K
-1750 CAP COST RED
DOWN PAYMENT- (TAX, SECURITY OF $700 AND FIRST PAYMENT)= 4822
MF- 0.0180 IF PAY 700 DOWN AND 0.0195 IF I DO NOT PAY IT UPFRONT
 
LEASE 681.00 WITH FIRST MF AND 693 WITH SECOND MF
ANY COMMENTS?
ALSO IS THE SECURITY DEPOSIT REFUNDED AT THE END OF THE LEASE??
SHOULD I PAY OR JUST INCLUDE IN MY LEASE?
 
ALSO, THE TAXES - SHOULD I PAY UPFRONT OR SHOLD I PAY IN MY LEASE COST??
THANKS
#984 of 1109
Re: my deal..a question-URGENT [x5fan10] by teck2u2
Jun 23, 2009 (3:54 pm)
Reply

Replying to: x5fan10 (Jun 23, 2009 3:18 pm)

Hey - just got the following deal from Hassel BMW in Long Island NY
 
X5 3.0 -
MSRP = $55,625
SP = $51,350 which includes:
- Rear entertainment
- Running Boards
- Nevada Leather
- Cold Weather Package
- Technology Package
- MACO
- Destination and Handling
 
12 K Miles
Monthly payment $643
 
Total Due at signing $4297 which includes:
- $650 Security Deposit (yes this is refundable upon completion of lease)
- $725 Bank Fee
- $1997 Taxes
- $213 Tax on rebate $1750 Rebate (yes Uncle Sam taxes this too)
- $643 first month payment of
- $67 state charges
 
My Taxes are up front and I'm not sure you have a choice but to pay the security deposit up front
 
I am still think about color. I think this is a good deal and I am about to sign, thoughts?
 
Thanks.
#985 of 1109
Re: my deal..a question-URGENT [teck2u2] by x5fan10
Jun 23, 2009 (7:22 pm)
Reply

Replying to: teck2u2 (Jun 23, 2009 3:54 pm)

looks like a good deal to me.
someone pls help me also.
  
the sales tax on the vehicle once paid upfront- do i have to pay any other tax on top of the monthly lease payment???
my sales tax on x5 is 3207- which i will upfront. will i have to pay any tax on my monthly payments also?
also if someone can help me calc my lease- i m getting confused.
MSRP- 57125
final price- 53450
taxes- 3207
MF-0.00195(no deposit) and 0.00180($700 deposit)
res- 57 percent.
 
pls help- dealer told me 681 with MF 0.00180. 4882 down which includes sales tax, first payment and 700.00 security, title and registration, dealer fees etc.
is the lease payment correct??
 
thanks
#986 of 1109
extra cost by tomcat626
Jun 24, 2009 (12:25 am)
Reply
Guys, don't forget there is an acquistion fee (bank fee) of $725 and disposition fee of $350 at lease end.

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