166 messages,
Last post on Mar 19, 2013 at 11:54 AM
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BMW X6, Car Buying, Car Leasing, SUV
#20 of 166 Re: X6 5.0 [rac10000]
by Car_man HOST
Jan 07, 2010 (4:25 am)
Hi rac10000. Sorry for the delay in my response. I took some time off for the holidays.
BMW just introduced its new January lease program a couple of days ago. Here's an update on the numbers for the vehicles that you mentioned, just in case you're still interested.
BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 X6 35i with 15,000 miles per year are .00175 and 58%, respectively.
The numbers for an otherwise identical lease of a 2010 X6 M are .00225 and 52%.
The $2,500 Holiday Credit is no longer available.
Car_man
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#21 of 166 Re: X6 5.0 [Car_man]
by rac10000
Jan 07, 2010 (1:45 pm)
Thanks, Car_man!
No worries! I hope you enjoyed your holiday. The new numbers don't look too bad. Only a few dollars difference between this month (w/o the holiday credit) and last month (w/ the holiday credit). They really dropped the MF to compensate ...
#22 of 166 Re: X6 5.0 [rac10000]
by jbihun1
Jan 08, 2010 (7:26 pm)
So fellas, tell me if this math is correct:
Assuming a $68,000 price (title, tax and all that in there)
$68,000 * .58 = $39,440 value
68,0000 - 39,440 = $28,560 / 36 = $793
28,560 * .00175 = $49.98
Payment = 793 + 49.98 = $842
Correct?
#23 of 166 Re: X6 5.0 [jbihun1]
by kyfdx HOST
Jan 09, 2010 (7:15 am)
1) Residual percentage is multiplied against the MSRP, not actual selling price, etc.
2) (Selling price + residual) X Money Factor = Finance charge (so, you'll find this number quite a bit higher than your calculation)
#24 of 166 Re: X6 5.0 [jbihun1]
by roadddog53
Mar 07, 2010 (2:39 am)
My calculations are $1190 per month and change using the residual/money factor/lease term.
#25 of 166 current x6 terms???
by kkravec
Apr 08, 2010 (11:10 pm)
Does anyone know updated residuals and money factor's for the 2011 3.5 model? Thank you in advance.
Based on 12k miles and 36 mo lease
#26 of 166 Re: current x6 terms??? [kkravec]
by Car_man HOST
Apr 12, 2010 (3:21 am)
Hi kkravec. Here's the information that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 X6 3.5 with 12,000 mies per year are .00240 and 62%, respectively.
Car_man
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Apr 14, 2010 (6:35 am)
Thank you Car_man. I appreciate you getting those numbers together for me.
#28 of 166 Re: X6 [kkravec]
by Car_man HOST
Apr 15, 2010 (3:03 am)
No problem kkravec.
Car_man
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#29 of 166 Leasing a new 2011 X6 !! Need help
by needv8coupe
Apr 24, 2010 (4:44 pm)
Hi
I am new to this post and any help will be highly appreciated.
I am looking to lease a X6 2011, with tech package, premium and cold weather package. I am in washington dc. I talked to couple dealers in area and one agrees to give me invoice price but still making $902 / month payment with 12K miles per year (36 month lease).
he is charging me $1275 delivery charges ( I dont know why)
I told him that I have used online calculators and the payment is low and he is giving me no real answer. I am returning my BMW 335i lease this month, so I guess I get the bmw loyality rates ?? Also he said he is doing 62% residual. In dc you pay 10% every month as a usage tax instead of sales tax. (10% of the payment).
Please let me know whats the residual and MF for 2011 and guide me whats a good payment with 0 down and only first month payment.
One more thing, what the 12K and 15K MF or residual difference please. Any idea if May will get better then april rates?
Thanks alot