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Prices Paid: Buying & Leasing Experiences 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
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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! |
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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
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Replying to: x5fan10 (Jun 23, 2009 3:18 pm) 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.
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Replying to: teck2u2 (Jun 23, 2009 3:54 pm) 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 |
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| Guys, don't forget there is an acquistion fee (bank fee) of $725 and disposition fee of $350 at lease end. | |
| Does BMW publish any leasing terms on CPO leasing? I haven't given it much thought but wonder if I can get a decent lease deal on '08 or '09 CPO X5. Any opinion or suggestion would also be welcome as well. | |
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I have a quick question regarding taxes on lease. In maryland, do u pay taxes on the total SP of the vehicle u r leasing or only on the value of the vehicle u will be using i.e. SP minus residual value. thanks
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Hello: I am trying to lease 09 BMW X5 30i, had couple of things would like to find out. Options I am looking are: Cold Weather Pkg, Rear Climate Pkg, Tech Pkg, Prem Pkg, iPod USB Connector, 3rd Row Seat and Trailer Hitch. Total MSRP is coming out to be $59270 with dest charge included. I am asking dealer for 48k and the best he is willing to do is around 53k including june 09 lease incentive. Am I asking too much? Besides tax, tags and title what will be the acquisition fee? I am a Virginia Resident trying to make a deal in MD as MD has a state wide that dealers cannot charge buyer a processing more than $99.00. Anyone, please let me know if 48k is the right amount I am negotiating or shall I increase my offer a little bit. Thanks alot!
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I got the following offer from my BMW sales person in Maryland on a 2009 BMW X5 3.0 w/ Technology Package (includes Rear View Camera, Navigation and Park Distance Control), Running Boards & Heated Seats: Lease is for 10,000 miles per year with $3500 cap reduction plus applicable tax, tags, 1st payment, security deposit & acquisition fee. Lease calculaltion already includes $1750 Loyalty/Conquest Cash Incentive. $5,000 down $539/month Thanks
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Replying to: mensah007 (Jun 27, 2009 5:36 am) |
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