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BMW X5: Lease Questions

1116 messages, Last post on Dec 04, 2009 at 10:39 PM
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Replying to: kyfdx (Aug 21, 2009 3:19 am) The payment is $577+tax MSRP is $65,770 Demo vehicle with 12,993 miles The dealer said they would subtract $0.2 * the current odom of 12,993 from the MSRP to calculate the lease price. Purchase option is $34,398.. Thanks once again. |
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Replying to: kyfdx (Aug 21, 2009 3:19 am) |
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Replying to: elansp (Aug 21, 2009 9:21 am) |
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Have a deal in lease 3.0 Brass Hat purchased at BMW auction. Car has 14,000 miles. dealer claims he bought car for 50,000 and has to buy the additional miles. MSRP 57,700 The worksheet says inital cap cost 51,000 Total add cap costs 925 cash cap reduction 2500 adjusted cap cost - 49,424 MF is .0018 resideual is 53.93 % because of miles Amount due at start is 4,741 on worksheet. Dealer then applies 1750 and I owe about 3,000 upon signing with a payment of $692 oer month including taxes. 15K miles per year, 36 months. It seems that they are charging me for the miles? Good deal? Please advise if you need more info. Thanks |
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Replying to: dpeck1 (Aug 29, 2009 1:43 pm) |
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Replying to: teck2u2 (Jun 22, 2009 7:40 pm) |
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Replying to: Car_man (Jun 29, 2009 4:27 am) Do you know what were the monthly pymts for the X5 tec2 posted. I am interested in picking one up as well. What is the selling price I should be looking for? Thanks.
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Replying to: dpeck1 (Aug 29, 2009 1:43 pm) What are the September MFs and REsids on a 36 mo lease 15k for a 3.0 vs. a 35d? Thanks
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Replying to: dpeck1 (Sep 01, 2009 5:19 pm)
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| I just checked with the IRS (actually spoke with one of their experts), and he directed me to the instructions for form 8910 which states that in order to claim the $1,800 federal tax credit for a 2009 or 2010 BMW X5 diesel "You are the owner of the vehicle. If the vehicle is leased, only the lessor and not the lessee, is entitled to the credit". There have been several posts here suggesting that the lessee can claim the tax credit for a clean burn diesel. They cannot. | |
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