Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences BMW X6 Lease Questions
16 messages, Last post on Oct 21, 2009 at 1:57 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
I leased a X6 3,5 last week for 24 month and 12.000 miles. The residual was 63 and I got the base rate from BMW Financial Services 0.002. I also paid the base fee in acquisition cost (fee for setting up the lease) 725$. I had to leave one month security deposit to get the base rate, because I am new BMW owner. But you will get the money back at the end of lease. You can find the monthly rates from BMWFS on bimmerfest.com/forums - ask a dealer. The dealer tried to add to the fees and rates, but when I told him, that I knew the monthly rates, he caved in. |
|
|
Hi carman, Do you happen to know the residual and mf on a x6 35 for 36 10k and 12k respectively. I went to a dealer yesterday and he said he's offering a fully loaded x6 with msrp of 69000 and invoice of 64500. He went below invoice at 62k which he is claiming but I really have a feeling hes trying to manipulate the numbers. He also integrated the lease of 1750 in the computation. Should i ask for this separately?
|
|
|
Replying to: antonjosh (Aug 30, 2009 7:23 am) As long as the dealer uses the above money factor to calculate your payment and gives you a selling price that you're happy with, there isn't a whole lot that they can do to trick you into paying more than you should for this truck. Let's work up a sample lease payment using the numbers that you mentioned to give you an idea of how much you should be paying. According to my calculations, if you were to lease a 2009 BMW X6 35i that has an MSRP of $69,000 and a selling price of $62,000 through BMW FS right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $797. This would drop slightly to $780 for a lease with only 10,000 miles per year. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
|
Hi Car_man, I was looking over BMW advertised lease deal on the X6 XDrive35i and can not replicate the numbers to arrive at their $609/mth payment. http://www.bmwusa.com/Standard/Content/FinancialServices/LeaseOfferDetail.aspx?e- - nc=V+7BXiPGxXkKwyb+LzmAIw== $609 First months payment $4,300 Down payment $650 Security Deposit $725 Acquisition fee $6,284 Cash due at signing Are they using a money factor of .002 and a residual of 60%? I assumed that the MSRP and selling price was $58,925. Thanks, Alex
|
|
|
Replying to: rac10000 (Sep 03, 2009 9:22 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
|
Replying to: Car_man (Sep 28, 2009 3:10 am) Thank you for confirming my rates Unfortunately, I still cannot arrive at their $609/mth payment. Here are my calculations: MSRP: $58,925.00 Cap Reduction: $6,050 ($4300 Down payment + $1,750 BMW lease cash) Money Factor: 0.0020 Residual: 60% Lease Term: 36 Payment: $663.13 Residual  end of lease: $35,355.00 (matches what BMW says in the fine print) Up Front: $609 First months payment $4,300 Down payment $650 Security Deposit $725 Acquisition fee Taxes (~$2207) -------------------------------- $8,491 Cash due at signing I can't seem to figure out what I'm doing wrong ... maybe there is something I'm missing? Thanks again, Alex
|
|
|
Replying to: rac10000 (Sep 28, 2009 6:48 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
|
Replying to: Car_man (Sep 29, 2009 1:36 am) Thanks again. If I reduce the selling price to $57,107 (MSRP $58,925) it kicks the payment down to $609. That is a $1,818 discount off MSRP. I wasn't aware that BMW FS could advertise a lease that is not based on the selling price being the same as MSRP. Also, BMW doesn't mention anything about a discount in the fine print. The $1,818 discount is around 40% of the difference between invoice and MSRP on the X6. -Alex |
|
|
Hi Carman- Looking to lease a 2009 X6 5.0, 72000 msrp, 36 month, 12K per year, minimum down. Can you give me an approx lease rate? Please include residual, money factor, and discount from msrp assumptions. Thank you, bill
|
|
|
Replying to: roadking1 (Oct 11, 2009 7:40 am) I am not personally all that familiar with what the market is like for the X6 right now price-wise, but you might be able to get an idea of how much you will have to pay for one by stopping by the "BMW X6 Prices Paid and Buying Experience" discussion. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences BMW X6 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 BMW X6
Browse by Board
Browse by Topic
