166 messages,
Last post on Mar 19, 2013 at 11:54 AM
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BMW X6, Car Buying, Car Leasing, SUV
#149 of 166 2013 BMW XDRIVE 50i
by warz00
Jan 06, 2013 (5:11 pm)
Hi Car Man - can i get money factor, residual, and incentives for the above car for 36 months, 15k miles? Thx!
#150 of 166 Re: 2013 BMW XDRIVE 50i [warz00]
by Car_man HOST
Jan 07, 2013 (5:27 pm)
Absolutely warz00. BMW Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2013 X6 xDrive 50i with 15,000 miles per year are .00125 and 57% for consumers who qualify for its top credit tiers.
Car_man
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#151 of 166 Re: 2013 BMW XDRIVE 50i [Car_man]
by rsingleton
Jan 07, 2013 (5:53 pm)
Dang i just got an x6 3.5 4 days ago for .00135 and 58% on 12k. According to this a 12k is 59% now. Maybe the holiday credit i got offsets this. Hope so
#152 of 166 Re: 2013 BMW XDRIVE 50i [Car_man]
by warz00
Jan 08, 2013 (7:43 am)
Thx very much Car Man! How would it change for 36 months/12k miles? Also I am familiar with multiple security deposit (MSD) programs - what is in it for the auto leasing companies to offer MSD programs? Thx
#153 of 166 Re: 2013 BMW XDRIVE 50i [warz00]
by Car_man HOST
Jan 11, 2013 (11:44 am)
Hi warz00. The money factor for a lease with 12,000 miles per year would be the same, but the residual value would be 2% higher.
I suppose that banks benefit from doing multiple security deposits in two ways. One, they have your money if your car comes back completely trashed rather than having to chase you around for it. Two, and this was more true in the past than in today's zero interest rate environment, they benefit from the float. They can invest the money that you gave them for three years and keep any interest that they earn on it.
Car_man
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#154 of 166 Re: 2013 BMW XDRIVE 50i [Car_man]
by rickyeee1
Jan 31, 2013 (6:16 pm)
Hi Car Man
I'm in south florida i'm looking to lease bmw x6 15 k year 36 months
taxes built in 7% florida
could you give my an idea what should i be paying
i do not want to be taken for a ride with sales person
your time is appreciated
also i like gran turismo also
#155 of 166 Re: 2013 BMW XDRIVE 50i [rickyeee1]
by Car_man HOST
Feb 03, 2013 (9:27 am)
Hi rickyeee1. Please provide me with the MSRP and dealer invoice price of the exact model that you're interested in and I'll gladly use BMW's current lease program to work up a sample lease payment for you. You can find the pricing data for the base vehicle and all of its options over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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#156 of 166 Re: 2013 BMW XDRIVE 50i [Car_man]
by rickyeee1
Feb 03, 2013 (3:16 pm)
Vehicle Information
20131 E350W
Region :Southern
VPC :Brunswick
Code Description Price interested in 24 months what should i pay 15 k year
ist mont payment up front and bank fee
E350W $51,000
149 Polar White
105 Almond MB-Tex
P01 P01 Premium 1 Package: COMAND® System wi $4,000
049 : iPod/MP3 Media Interface Cable
218 : Rear View Camera
512 : COMAND w/Navigation and Voice Control
518 : iPod/MP3 Media Interface
536 : SiriusXM Radio w. 6 mos. service
540 : Power Rear-Window Sunshade
R70 18" 5-Twin Spoke Wheel
068 Wheel Locking bolts $140
137 Comfort Box $290
287 Split Folding Rear Seats $440
314 Wood / Leather Steering Wheel $590
321 321 Sport Package: 18" Wheels, Lowered S
677 : Comfort Suspension
772 : Sport Bodystyling
951 : Appearance Code
954 : Sport Package
413 Power Tilt / Sliding Panorama Sunroof $1,090
731 Burl Walnut Wood Trim
810 harman/kardon LOGIG7 Surround Sound Syst
873 Heated Front Seats
SUBTOTAL $57,550
DESTINATION & DELIVERY $905
TOTAL $58,455
Pricing is subject to change. Mercedes-Benz reserves the right to make changes without
#157 of 166 2013 X6 35i Lease Question
by 600poundsofsin
Feb 19, 2013 (6:33 pm)
Hi Car Guy,
I have a general question about the X6, and then a specific question about a quote. I apologize if the quote is imperfect information, as I was not able to get an invoice price from the guy over the phone.
General question: What should I expect to pay over invoice for this type of car (X6 35i)? The quote I had seemed to come in 3,000 or 4,000 over invoice, which seemed a bit steep.
Here's the quote. I told him I wanted to max out buying down the money factor as much as possible. Lease would be for three years, 12K/year. (I'm in Southern California if that makes a difference.)
Model 2013 X6 xDr35i USD 59,800.00
Color A52 Space Gray Metallic N/C
Upholstery LUSW Black 'nevada' Leather N/C
Options ZPP Premium Package 3,300.00
319 Universal garage-door opener N/C
322 Comfort Access keyless entry N/C
3AH Rear View Camera w/ Top View N/C
417 Rear manual side window shades N/C
4NA Interior mirror with compass N/C
4NB 4-zone climate control N/C
609 Navigation system N/C
615 Online Information Services N/C
620 Voice-command N/C
6UH Real Time Traffic Information N/C
ZPS Premium Sound Package 950.00
655 Satellite radio w/1 year sub. N/C
677 Premium hi-fi system N/C
ZTP Technology Package 1,700.00
5AC Automatic high beams N/C
5DK Side-view camera N/C
610 Head-up Display N/C
323 Soft-close automatic doors 600.00
328 Running boards 300.00
456 Multi-contour seats 1,300.00
4AZ Dark Bamboo wood trim N/C
4UK 3 Rear Seats 350.00
6AA BMW TeleServices N/C
6AB TeleService Control N/C
6NF Smartphone Integration N/C
6NR BMW Apps 250.00
9AA Transport protection N/C
Net Total 68,550.00
Destination Charge 895.00
Total Suggested Price 69,445.00
Your Price $67,200
36 month lease
12k miles per year
Residual value $40,972
Money factor .00081 with 7 security deposits
Total security deposit $6300
$1093 drive off fees
$750 loyalty rebate
Total down $7843
Monthly payment $842 per month plus tax
Total payment based on la county tax $918
Many thanks!
#158 of 166 Re: 2013 X6 35i Lease Question [600poundsofsin]
by Car_man HOST
Feb 25, 2013 (4:08 pm)
That is an excellent question, 600poundsofsin. As you know, the X6 is a fairly low volume vehicle. Even so, I would think that you should be able to do much better than $3,000 to $4,000 over invoice on one. In an area that has a decent level of competition, I personally would shoot for more along the lines of $1,000 to $1,500 over.
If you are a loyal customer, you should subtract the $750 owner loyalty cash from that. There is a waiver of the first month's payment for loyal customers as well.
The money factor that you were quoted is about right though.
Car_man
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