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BMW X6 Lease Questions

166 messages,  Last post on Mar 19, 2013 at 11:54 AM

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What is this discussion about? BMW X6, Car Buying, Car Leasing, SUV

Messages Page 17 of 17

#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)

Replying to: 600poundsofsin (Feb 19, 2013 6:33 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#159 of 166 March rates by warz00

Mar 01, 2013 (12:50 pm)

Did mf rates and residuals stay the same for March from Feb? thx

#160 of 166 Good deal? by warz00

Mar 03, 2013 (5:02 am)

Car Man - Here is deal - thoughts?
 
MSRP: 77, 895 Cap Cost: 72,230 Inv: 72,230 (from BMW Config site)
No loyalty rebate
 
2013 BMW X6 xDrive50i
Exterior Color Midnight Blue Metallic
Interior Color Black 'Nevada' Leather
Stock Number B1929
Production Number 3994675
VIN
MSRP $77.895.00
Options
13XM X6 xDr50i
B38 Midnight Blue Metallic
LUSW Black 'Nevada' Leather
ZAP Sport Activity Package
ZCW Cold Weather Package
            248 Heated Steering Wheel
            464 Ski bag
            496 Heated rear seats
            502 Retractable headlight washers
ZPP Premium Package
            322 Comfort Access keyless entry
            3AH Rear View Camera with Top View
            417 Rear manual side window shades
            4NA Interior mirror with compass
            4NB 4-zone automatic climate control
ZPS Premium Sound Package
            655 Satellite radio with 1 year subscription
            677 Premium hi-fi system
330 Sport Package
            2LE 20" Light alloy Y-spoke wheels style 214 with performance run flat tires...
            760 Shadowline exterior trim
            775 Anthracite headliner
319 Universal garage-door opener
328 Running boards
456 Multi-contour seats
4AZ Dark Bamboo wood trim
4UK 3 Rear Seats
6AA BMW TeleServices
6AB TeleService Control
9AA Transport protection
Lender: BMW FS
Type: Lease
Term: 36 Months
Miles per year: 12,000 miles/year
Tax State: NY 8.625%
First Payment: $987.02
+ Security: $0.00
+ Cap Red: $0.00
+ Tax on Cap Red: $0.00
+ Acquisition Fee: $725.00
+ DMV Fees: $65.00
+ Fuel Surcharge: $60.00
+ Tire Fee: $12.50
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $62.53
= Cash Due on Lease: $1,997.05
- Trade Equity to COD: $0.00
= Total Cash Due: $1,997.05
- Deposit: $0.00
= Cash on Delivery: $1,997.05

#161 of 166 Re: March rates [warz00] by Car_man HOST

Mar 04, 2013 (5:07 pm)

Replying to: warz00 (Mar 01, 2013 12:50 pm)
Hi warz00. I believe that the February and March lease programs for the 2013 X6 are exactly the same.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#162 of 166 Re: Good deal? [warz00] by Car_man HOST

Mar 04, 2013 (5:09 pm)

Replying to: warz00 (Mar 03, 2013 5:02 am)
Hey warz00. Leasing an X6 at dealer invoice is a very good deal. Just make sure to see if you can get the dealer to use the buy rate lease money factor, .00130, to calculate your payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#163 of 166 Re: Good deal? [Car_man] by warz00

Mar 06, 2013 (9:47 pm)

Replying to: Car_man (Mar 04, 2013 5:09 pm)
Thx for your help Car Man. Did the above deal .0013 with 59% residual.

#164 of 166 Re: Good deal? [warz00] by Car_man HOST

Mar 10, 2013 (7:50 am)

Replying to: warz00 (Mar 06, 2013 9:47 pm)
You're very welcome warz00. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#165 of 166 residual and money factor for 2013 X6 and 550xi by tovj829

Mar 18, 2013 (2:41 pm)

Hi Car_man,
 
Can you share with me the March and April residual and money factor for each car assuming a 36 month lease and 10K miles per year?
- 2013 X6 50i
- 2013 X5 50i
- 2013 550xi
 
I cannot decide which of those three I like the most and wondering if the residual and mf values will sway my decision.
 
Thanks!
 
-Rich

#166 of 166 Re: residual and money factor for 2013 X6 and 550xi [tovj829] by sean121780

Mar 19, 2013 (11:54 am)

Replying to: tovj829 (Mar 18, 2013 2:41 pm)
MF is 0.0013 for all 3.
X6 and X5 have residuals of 60%
550xi has 63%, and 1500 rebate available.

Messages Page 17 of 17

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