166 messages,
Last post on Mar 19, 2013 at 11:54 AM
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BMW X6, Car Buying, Car Leasing, SUV
#130 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [sbasu]
by Car_man HOST
Sep 24, 2012 (4:57 pm)
You're welcome sbasu. The residual value is correct. BMW dealers don't have the authority to alter BMW FS' resids.
A money factor of .00145 may actually be below BMW FS' cost of money. I don't think that anyone outside of a few employees at BMW FS knows what its cost of money is. It doesn't really matter what BMW FS' cost of money is because this is the lowest possible money factor for this vehicle.
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#131 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [Car_man]
by sbasu
Sep 24, 2012 (5:07 pm)
Ok. This helps immensely.
This tells me that 59% residual is what it is. 0.00165 MF being offered is not the lowest. As someone with a 700+ credit score I should be able to avail of 0.00145 MF.
#132 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [sbasu]
by zhecks
Sep 24, 2012 (5:25 pm)
think about dealing with an used car salesman. He is going to tell you every "right" reason to charge you more. As far as I am concerned, you should only pay the 0.00145 MF and nothing more. I signed a deal recently and the dealer wanted to charge my a higher MF. All you have to say is that, another dealer is offering 0.00145. should I deal with someone else?? you will get it.
#133 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [sbasu]
by Car_man HOST
Oct 04, 2012 (4:20 pm)
Glad that I could help you out, sbasu. Good luck in your negotiations.
Car_man
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#134 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [Car_man]
by sbasu
Nov 04, 2012 (6:03 pm)
Car-man, my x6 is finally at the dealership so my lease deal will be based on Nov figures. What is the 36mo/10k MF and residual for an x6 in nov? Thank you much.
#135 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [sbasu]
by metamindwerx
Nov 08, 2012 (11:02 pm)
What are the November lease rates for 36/10k– money factor, residual for a 2013 BMW X6 35i?
#137 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [sbasu]
by Car_man HOST
Nov 09, 2012 (12:44 pm)
Sweet. Here you go sbasu. BMW Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 X6 35i with 10,000 miles per year are .00125 and 59% for consumers who qualify for its top credit tiers.
When negotiating your deal, make sure to take the $1,500 holiday credit that is currently available on the '13 X6 into account.
Car_man
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#138 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [metamindwerx]
by Car_man HOST
Nov 09, 2012 (12:45 pm)
Hi metamindwerx. Please see my previous post for the information that you're looking for. Thanks.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#139 of 166 Re: 2013 X6, 12Kmi/yr - lease help? [Car_man]
by metamindwerx
Nov 13, 2012 (8:53 pm)
Carman,
Thank you for the help - with your assistance, I was successful in negotiating my dealer down to .00135, 59% residual, 1k over invoice, and capturing the 1500 holiday cash plus 750 in loyalty $.
I have a couple of questions for you... regarding the lease deal. I want to pay all the up-fronts and not have them factored into my cap cost at all, so it doesn't affect my lease. My dealer tells me they have to be in the contract and included in my cap cost - is this true? Also, after looking at the math of doing MSDs I think it's not a bad deal - because it's basically a 11% return on money (which is earning far more than what I'm earning elsewhere and those funds are just sitting so I could afford to use them) - what are your thoughts on that?
Finally, I had Fidelity tire warranty in the past and it worked well for me - what is a good price to pay for this, and do you know of any other sources where I could purchase it at a better price? I've not yet got a quote from my dealer.
Thanks!