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SUVs BMW X3 & X5 BMW X5: Lease Questions
1118 messages, Last post on Dec 07, 2009 at 11:03 PM
You are in the BMW X3 & X5 Forum. Your Hosts are steve_ & tidester
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Replying to: eonicks (Aug 14, 2009 12:18 pm) BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 X5 diesel with 12,000 miles per year are .00250 and 57%, respectively. Don't forget about the dealer cash when negotiating your lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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A BMW dealership near me is offering up a 2009 4.8 with an MSRP of around $62k for a lease price of $560 per month for 36 months. They want $3900 cap cost reduction to get to this per month price. Anyone have any idea if this is a good price? I'm trying to figure out the ultimate sales price as it seems as thought here is a $5k spread between invoice and MSRP and I'm wondering if there is dealer wiggle room. They have a handful of 2009's left on the lot.... Thanks. |
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Replying to: elansp (Aug 19, 2009 5:30 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Aug 20, 2009 1:46 am) Understood - as it was closing time for the dealership, I asked the salesman and he said he'd get back to me. The ad on the dealer's website doesn't indicate selling price and 10k/year. I noticed that the invoice to MSRP spread is almost $5k. For a 2009, should I be able to get it close to invoice plus any additional cash back to net my monthly payment down? Thanks ina advance.
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that dealership wouldnt be in southern california would it? I would lease that / want to lease that
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Replying to: jason_jm2005 (Aug 20, 2009 7:56 am) |
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Dear forum members, I'm in the market trying to lease a BMW X5 3.0i. I have just received a quote from one dealer and was just wondering if I could get comments from you. 10k miles / 36 month MF: 0.00235 Residual: 58% The drive off cost is Fees & Ins: $758 (the dealer said this is a bank fee) Cap Reduction: $4,990 plus 1st mo. payment plus upfront taxes minus the customer rebate of $1,750 There is also a Documentation fee of $55 and flat add/county fee of $26 to the total sales price. Am I getting an okay deal or a bad deal? First time leasing a BMW X5 so any comment / help will be appreciated. Thank you. 
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Replying to: so190 (Aug 20, 2009 11:01 pm) Selling price?
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Replying to: Car_man (Aug 20, 2009 1:46 am) Here are the details as received from dealer on a 2009 x5 4.8i: MSRP 61,970 PRICE : 57,196 He said BMW money factor - .00155 with 59% residual $8,379.56 out of pocket for 1st mo, security, DMV fees, NJ and luxury taxes, etc etc etc. This is for 10k/year 3 year term. Anyone - thoughts???
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| BTW above numbers included the $1750 credit... | |
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