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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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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 |
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Replying to: x5fan10 (Jun 09, 2009 9:57 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: sleepie28 (Jun 09, 2009 3:38 pm) 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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Replying to: teck2u2 (Jun 22, 2009 7:40 pm) Now let's take a look at the other important factor, the selling price. The BMW X5 that you are interested in has a spread of around $4,400 between its full MSRP and its dealer invoice price. You were quoted a dealer discount of $2,921. That's probably around $1,500 over dealer invoice. That's not terrible, but if I was in the market for this truck I personally would try to shave another $500 to $1,000 off of this vehicle's selling price. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: x5fan10 (Jun 25, 2009 8:56 am) Maryland Department of Motor Vehicles or Comptroller of Maryland Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: rahulskh (Jun 26, 2009 7:14 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: mensah007 (Jun 27, 2009 5:36 am) One thing that I notice about this deal right off the bat is the large $5,000 down payment that you are considering making. I always advise consumers not to make large down payments on leased vehicles. Lessees who make big down payments risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jun 29, 2009 4:10 am) Had one more q? i finally got a deal on made to order X5. one thing where the dealer took me is sec deposit. he told me i have to pay that irrespective- i pay it down or rol it in my payments(MF 0.00195). In the latter case, i will not get it back- is that true?? if i pay it upfront to cut my MF to 0.00180 i will get it back, but if i roll it into the lease, then it wont be refunded plus the MF is 0.00195
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Replying to: x5fan10 (Jun 30, 2009 7:43 pm) So, in effect, the dealer is correct.. If you don't make the deposit upfront, there is no deposit to be refunded, and you have to pay the higher money factor. If you do the math, you'll find it is a much better deal to make the deposit and get the lower money factor. Returning BMWFS customers have their deposits waived, with no additions to the money factor. regards, kyfdx |
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| I heard that BMW has just announced a $4,500 rebate on any 2009 X5 diesel. Carman, is that in addition to the $1750 lease incentive? Please advise. Thanks. | |
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