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BMW X5: Lease Questions

1117 messages,  Last post on Dec 06, 2009 at 9:09 PM

You are in the BMW X3 & X5 Forum. Your Hosts are steve_ & tidester

What is this discussion about? BMW X5, Car Leasing, SUV


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#1097 of 1117
Re: 2009 X5 3.5 Diesel [stanx5] by Car_man HOST
Nov 09, 2009 (3:29 am)
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Replying to: stanx5 (Oct 26, 2009 3:22 pm)

Hi stanx5. BMW FS' money factor for X5 diesels was .00280. It is now .00250. Banks like to change these things to keep us on our toes .
 
BMW's current lease program is scheduled to run through January 4th. It's possible that it will make an unscheduled enhancement to its lease program for certain models in December, but the program for most models will likely remain the same through the end of the year.
 
It is difficult to say what BMW's January program will be like at this point. Typically manufacturers' December lease programs are more aggressive than their January programs because they are trying to suck in as many sales as they can to their annual totals to make them look better. It probably wouldn't hurt to see if you can lock-in BMW's current lease program for your ordered vehicle. Doing so should give you the option of taking the current program or the new program, whichever is better.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1098 of 1117
Re: 2009 X5 3.5 Diesel [03qx] by Car_man HOST
Nov 09, 2009 (3:32 am)
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Replying to: 03qx (Oct 26, 2009 4:03 pm)

You're very welcome, 03qx.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1099 of 1117
Re: 2010 X5 lease calculation help [jpmp] by Car_man HOST
Nov 09, 2009 (3:40 am)
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Replying to: jpmp (Nov 05, 2009 9:36 am)

Hi jpmp. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2010 BMW X5 3.0 that has an MSRP of $58,625 and a selling price of $53,310 through BMW Financial Services right now for 36 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $703.
 
At lease signing for this deal, you would have to pay your truck's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment (unless you're a returning BMW FS lessee), BMW's $725 acquisition fee, and any required taxes or fees.
 
I used the formula that is outlined in the following article to calculate your payment, Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1100 of 1117
2010 X5 3.0 (not diesel) $ and rates by jerryj10
Nov 09, 2009 (8:49 am)
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What can you expect for discounts off MSRP before 2,500 holiday discount, 36 month rate factor and residual for 12,000? Current X5 is being traded in with BMW financial absorbing last three payments (supposedly not rolled into the new lease)
#1101 of 1117
2009 BMW X5 3.0 deal by ryo998
Nov 15, 2009 (8:15 pm)
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Got a quote today from the dealer for a 2009 BMW X5 3.0 with premium, technology, cold weather and rear climate package.
 
MSRP $56,275
DOWNPAYMENT $3,000
BMW HOLIDAY CREDIT $2,500
MONEY FACTOR 0.00265
RESIDUAL 56% (12K miles)
 
MONTHLY PAYMENT $740 + tax. Looks kind of expensive to me. What do you guys think?
#1102 of 1117
Re: 2009 BMW X5 3.0 deal [ryo998] by suryan
Nov 15, 2009 (10:33 pm)
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Replying to: ryo998 (Nov 15, 2009 8:15 pm)

Sounds like expensive to me. This is what I got from my dealer:
 
2010 X5 3.0 - Premium, Technology, rear climate package, 3rd row seats.
 
$5000 Initial down payment(includes first month payment, one month payment as security deposit)
 
$605 per month(with tax it's $664 tax - california). 36 months, 12K miles /year.
 
I did not take this, instead placed an order for X5 35d diesel.
#1103 of 1117
Re: 2009 BMW X5 3.0 deal [ryo998] by my3sweetpeas
Nov 16, 2009 (6:36 am)
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Replying to: ryo998 (Nov 15, 2009 8:15 pm)

That's too expensive.....
 
I just leased a 2009 X5 3.0 with premium, cold weather, and rear climate. 36 months 12,000k per year.
 
MSRP~ $55120
Due at signing~ $1921 (included security deposit, first month payment, plate)
BMW rebate~$1750
 
Monthly payment~ $706 including tax
#1104 of 1117
Re: 2009 BMW X5 3.0 deal [my3sweetpeas] by ryo998
Nov 16, 2009 (10:04 am)
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Replying to: my3sweetpeas (Nov 16, 2009 6:36 am)

The salesman didn't seem want to make a deal, so that's that...
 
Anyway, the new lease offer advertised for 2010 X5 3.0 by BMW, $519/mo for 36 mo. 10K/year. Does anyone know how they arrive at that number? What money factor and residual did they use?
#1105 of 1117
2010 X5 3.0 deal by ryo998
Nov 17, 2009 (1:29 am)
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Got another quote from another dealer...
 
MSRP $56,625
BASE CAP COST $52,145 (I am assuming this includes Holiday Credit?)
MF 0.0024
RESIDUAL 59% (12K/year)
NO CAP COST REDUCTION
DRIVE OFF $2,555 (includes 1st month, license/reg, bank and documentation)
MONTHLY $726 + tax
 
What do you guys think?
#1106 of 1117
Money Factor by helmet4
Nov 19, 2009 (4:43 am)
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Two different dealers told me that the money factor for a 3 year, 10,000 mile lease on 2010 X5 diesels is now .0033 versus the .0025 I have seen posted here recently. Residual value set at 58%. This is what the two dealers I have talked to are saying that BMW financial services is now quoting, but seems to differ from what is posted on BMW's website (if you back in to the numbers for $599/month lease they are now quoting). Car man or someone else, can you confirm this?

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