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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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#985 of 1109
Re: my deal..a question-URGENT [teck2u2] by x5fan10
Jun 23, 2009 (7:22 pm)
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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)
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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.
#987 of 1109
leasing CPO X5 by norcalsuv
Jun 24, 2009 (9:00 pm)
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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.
#988 of 1109
taxes?? by x5fan10
Jun 25, 2009 (8:56 am)
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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
#989 of 1109
Leasing 09 BMW X5 by rahulskh
Jun 26, 2009 (7:14 pm)
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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!
#990 of 1109
Is this a good deal? by mensah007
Jun 27, 2009 (5:36 am)
Reply
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
#991 of 1109
Re: Is this a good deal? [mensah007] by norcalsuv
Jun 27, 2009 (6:47 am)
Reply

Replying to: mensah007 (Jun 27, 2009 5:36 am)

i am certainly not an expert but experts here and elsewhere advised strongly against putting any money down on lease. if there is a total loss (accident, theft, loss, etc.) i don't think your insurance pays for it.
#992 of 1109
Looking for a 2009 X5 lease in NY by chinomonkey
Jun 27, 2009 (6:29 pm)
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Has anyone succeeded in getting a 2009 X5 at invoice minus $1750? Looking for 36 months lease 12K miles per year. What is the published MF and RV? I do not want to pay security deposit? Is it possible? I just want to pay 1st payment and plate fee when picking up. All taxes roll into lease payment. The X5 Lease special $539 is pretty good if we can forego the $4000 down and security deposit.
 
chinomonkey
#993 of 1109
Re: $1,750 Lease Cash Offer Vs Loyalty Cash? [x5fan10] by Car_man HOST
Jun 29, 2009 (4:10 am)
Reply

Replying to: x5fan10 (Jun 09, 2009 9:57 am)

Hi x5fan10. 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 X5 3.0 with 12,000 miles per year are .00180 and 57%, respectively. When negotiating your lease on this truck, make sure to take advantage of the $1,750 cash incentive that is currently available on leases of it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#994 of 1109
Re: $1,750 Lease Cash Offer Vs Loyalty Cash? [sleepie28] by Car_man HOST
Jun 29, 2009 (4:14 am)
Reply

Replying to: sleepie28 (Jun 09, 2009 3:38 pm)

Hello sleepie28. BMW does have a multiple security deposit program. The last time that I checked, it allowed lessees to provide up to seven additional security deposits on leases, with each extra deposit reducing the money factor that is used to calculate their monthly payment by .00007.
 
If you have extra money laying around and you want a lower monthly payment, multiple security deposits are a better way to go about getting it than making a capitalized cost reduction. Unlike down payments, assuming that your truck is in good shape and under its mileage allowance you will actually get your extra deposits back at lease-end.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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