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BMW X5 Lease Questions

1113 messages,  Last post on Dec 04, 2009 at 3:16 AM

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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#995 of 1113 Re: Decisions Decisions [teck2u2] by Car_man HOST Jun 29, 2009 (4:27 am)
Replying to: teck2u2 (Jun 22, 2009 7:40 pm) Hi teck2u2. Let's take a look at this deal. The .00180 money factor that you were quoted is right in line with BMW FS' buy rate for this model. That's a good thing.   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 Replies to this message: ccarrill (Aug 31, 2009 8:22 am) Car_man (Sep 03, 2009 2:28 am)
#996 of 1113 Re: taxes?? [x5fan10] by Car_man HOST Jun 29, 2009 (4:31 am)
Replying to: x5fan10 (Jun 25, 2009 8:56 am) Hi x5fan10. I personally don't know how sales tax is calculated on leased vehicles in Maryland, but you may be able to find out by visiting one of the following sites:   Maryland Department of Motor Vehicles   or   Comptroller of Maryland   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#997 of 1113 Re: Leasing 09 BMW X5 [rahulskh] by Car_man HOST Jun 29, 2009 (4:35 am)
Replying to: rahulskh (Jun 26, 2009 7:14 pm) Hi rahulskh. The X5 that you're interested in probably has a spread of around $4,800 between its full MSRP and its dealer invoice price. Plus BMW is providing a cash incentive of $1,750 on it right now. That gives you a total of around $6,550 to play with during your negotiations. The $53,000 selling price that you were quoted is actually a really good deal. The $48,000 price that you want is probably not attainable.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: rahulskh (Jul 05, 2009 8:01 am) Car_man (Jul 06, 2009 1:58 am)
#998 of 1113 Re: Is this a good deal? [mensah007] by Car_man HOST Jun 29, 2009 (4:38 am)
Replying to: mensah007 (Jun 27, 2009 5:36 am) Hey mensah007. The best way for me to evaluate this deal is for me to take a look at this truck's selling price in relation to its MSRP. Let us know what these numbers are and I'm sure that either myself or another knowledgeable community member will let you know what we think.   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
#999 of 1113 Re: $1,750 Lease Cash Offer Vs Loyalty Cash? [Car_man] by x5fan10 Jun 30, 2009 (7:43 pm)
Replying to: Car_man (Jun 29, 2009 4:10 am) thanks Carman   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 Replies to this message: kyfdx (Jul 01, 2009 3:05 am)
#1000 of 1113 Re: $1,750 Lease Cash Offer Vs Loyalty Cash? [x5fan10] by kyfdx HOST Jul 01, 2009 (3:05 am)
Replying to: x5fan10 (Jun 30, 2009 7:43 pm) When you don't make the security deposit upfront, it isn't really being "rolled into the lease". In that case, the security deposit is waived, and the money factor is adjusted upward to account for no deposit.   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
#1001 of 1113 X5 diesels further incentives by dpeck1 Jul 01, 2009 (9:52 am)
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. Replies to this message: Car_man (Jul 02, 2009 2:34 am) ardvarkus (Jul 02, 2009 5:05 pm) dpeck1 (Jul 02, 2009 5:58 pm) ardvarkus (Jul 05, 2009 10:23 am)
#1002 of 1113 BMW x5 3.0 Lease by danf1222 Jul 01, 2009 (4:15 pm)
CarMan:   A few questions, thanks.   Can you give a ballpark figure of what the spread between dealer invoice and a base BMW x5 3.0 (MSRP 47,500) is (I'm not sure what options we are interested in yet, but a good start would be just to know how much to negotiate off the base model).   We have some time and dont need to get into a new car until November. Any idea as far as when the best time of year to lease this truck is? I guess along these lines would also be how long the $1750 conquest cash will be offered?   Do you have the July figures for MF and Residual on a 36 month 12K lease.   Thank you. Replies to this message: Car_man (Jul 02, 2009 2:38 am)
#1003 of 1113 Re: X5 diesels further incentives [dpeck1] by Car_man HOST Jul 02, 2009 (2:34 am)
Replying to: dpeck1 (Jul 01, 2009 9:52 am) Hi dpeck1. I hadn't heard that BMW introduced such a large cash incentive on the X5 diesel. I do know that it has $1,750 on non-diesel models in July. I'll have to make some calls and see what I can find out about the 35d.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1004 of 1113 Re: BMW x5 3.0 Lease [danf1222] by Car_man HOST Jul 02, 2009 (2:38 am)
Replying to: danf1222 (Jul 01, 2009 4:15 pm) Hi danf1222. You can look up the exact dealer invoice for the X5 that you are interested in, as you want it by looking up this truck in the New Vehicle Pricing section of Edmunds.com.   It is difficult to say how long BMW will continue to offer the $1,750 lease cash on the '09 X5. This cash has already been around for several months, so it would surprise me if it disappeared after its current scheduled expiration date of August 31st, but it is difficult to say what manufacturers will do with their future incentives.   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 12,000 miles per year are .00180 and 57%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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