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2013 and earlier BMW X5 Lease Questions

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  • Any thoughts on the deal below?

    VEHICLE: 2013 BMW X5 xDrive35i Premium COLOR: Platinum Gray Metallic UPHOLSTERY: Black Nevada Leather
    Index Description MSRP
    Base Price $55,200.00
    ZC3 Convenience Package 3 3,875.00
    ZTP Technology Package 1,700.00
    328 Running Boards 300.00
    4UB 3rd Row Seat 1,700.00
    Destination and Handling 895.00
    TOTAL AS EQUIPPED $63,670.00
    SELLING PRICE $60,050.00

    Lease Terms
    Lender BMW Financial Services
    Term 36 Months
    Mileage 12,000/year

    Money Factor 1.3
    Residual Factor 59%
    Selling Price $60,050.00
    Bank Fee $725.00
    Total Capitalized Cost $60,775.00

    Residual Value $37,565.30
    Total Depreciation $22,459.70
    Capital Reduction $750.00
    Monthly Depreciation $623.88
    Monthly Rent $126.87
    Monthly Payment $750.75
    Tax (8.5%) $63.81
    Monthly Payment + Tax $814.56
    Capital Reduction $750.00
    Cap Reduction Tax (8.5%) $70.55
    License & Registration $486.75
    Documentation Fee $80.00
    First Payment $814.56
    Security Deposit $0.00
    Drive Off $2,201.86
    Trade Equity $0.00
    Rebate $750.00
    Due at Signing $1,451.86
  • gregzogregzo Posts: 8
    I have similar vehicle with msrp of $62,795. I got them down to $685/mo inclusive of MA sales tax with $2124 due at signing. I leased mine in Nov so i took advantage of year end sales event. I think you still have room to negotiate. Good luck!
  • HI Guys

    Looking for some advice on the purchase of a 2012 X5 35i. the car comes with Premium Sound Package, Premium Package, Executive Package, Metallic Color, Nevada Leather and Walnut wood Trip. I'm in montreal and looking to purchase this vehicle for $55900. Do you think that this is a reasonable price for a 2012(with 0 km) taking into account the value of the depreciation of buying a 2012 vs 2013 and taking into account that the 2014 redisgned models are only a few months away. Finally would you recommend purchasing the extended warranty?

    Thank You

    Michael
  • Welcome lease1sttime. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    If you have a trade-in, negotiate the amount that the dealer is giving you for that separately from your new vehicle deal. Also, have the dealer cut you a check for any equity that you have in your trade rather than using the proceeds from it as a down payment for your lease. It's never a good idea to make a large down payment on a leased vehicle.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man,

    Looking for some advice on the lease of a 2013 X5 xDrive35i. At the end of February I will be in the market for this car, and I need to know the February money factor and the residual on this car for 36 month lease with 10k miles per year.

    Thank in advance, this will be very helpful to be able to defend myself in the process.

    Jorge
  • nmoranmora Posts: 1
    VEHICLE: 2013 BMW X5 xDrive35
    COLOR: Saphire Black UPHOLSTERY: Black Nevada Leather

    Index Description MSRP

    Base Price $56,700
    Premium Package $3,600
    Premium Sound Package $950
    Sport Activity Package $2,200
    • 20" Light alloy Y-spoke wheels style 214-with performance run-flat tires $950
    Running boards $300
    BMW Apps $250
    SELLING PRICE $65845

    Lease Terms
    Lender BMW Financial Services
    Term 36 Months
    Mileage 10,000/year

    Money Factor 1.3
    Residual Factor 54%
    Selling Price $59050
    Bank Fee $725.00
    Total Capitalized Cost $59,775.00

    Residual Value $32,278.50
    Total Depreciation $27,496.5

    Due at Signing $1,200

    Payment: $872.05

    This sounds way too high and they are not budging, this is pretty much the same number im getting at 5 different dealers in the area.
    Im starting to think maybe this is not the car for me.
  • Hi Jorge. BMW Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 xDrive35i Premium with 10,000 miles pr year are .00130 and 60% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi nmora. Taking a quick glance at this offer, the selling price, money factor and acquisition fee that you were quoted all look great. I don't think that you're going to be able to do much better on this truck. If this payment is still too high, you may want to consider getting a different vehicle.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man, thank for your respond but, the February residual for the 2013 X5 xDrive35i (base model) is the same that the (premium model) 60%?

    Thanks

    Jorge
  • Hi CarMan,
    Can you post the residuals and buy rate on money factor from BMW Financial for 2013 X5 35D with 10k miles/year? Helping a friend order one - eco credit is $3500, trying to figure out why residual is so much lower than the non-diesel model.
  • abuckusabuckus Posts: 3
    edited February 2013
    Hi Car Man,

    Sorry if this has already been posted. I did a quick search and did not see it.

    Could you please tell me the February money factors and residual value % for a 2013 X5 50i? Assuming a 36 month or 48 month lease, 10,000 miles annually.

    Any clues as to how or if the numbers are expected to change for March?

    Thanks!
  • Carman if you could please provide MF, residual and any other incentives available for a 36month 15k lease on an X5 diesel. Thanks.
  • You're welcome Jorge. I believe that the 36-month, 10,000 mile per year residual value for a '13 X5 25i Base is 59% and the residual for the Premium is 60%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man,
    Same question as abuckus but for 15k miles per year with 24 or 36 month lease.

    Thanks in advace.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings mimithw. BMW Financial Services' buy rate lease money factor and residual value for a 24-month lease of a 2013 X5 50i with 15,000 miles per year are .00130 and 63% for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical 36-month lease are .00130 and 57%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ml2005ml2005 Posts: 8
    Can you please tell me what mf and residual for April 2013 for X5 5.0 3yr/15k?
    This will be my first lease for BMW, any incentive programs? Usaa member?
    Also, my local has the color and options I wanted and probably more than needed...
    Msrp $79570
    Silver with blk interior
    M performance $1600
    M sport $4700
    Cold $600
    20" 333M $950
    Premium $2125
    Sound $950
    Multi contour seats $900
    Technology $1700
    Lane departure $950
    Destination $895

    They want $74771
    Acquisition & doc $1020
    DMV $603

    Mf .0017
    Residual 57%
    3yr/15k miles
    Monthly $1207 with 2k down

    This seems really high to me...what would be a fair deal? $500 over invoice?
    Thanks
  • riloh05riloh05 Posts: 15
    edited April 2013
    2013 x5 35d, 10k, 36months... I will hang up and listen. Thanks
  • socal59socal59 Posts: 54
    ML, seems very high to me. How much over invoice are you paying? Acquisition fee seems high too $895 is the rate. You mentioned the car has more options than you want, if so order one with what you want or look elsewhere.
  • ml2005ml2005 Posts: 8
    The dealer didn't show me invoice, and I didn't negotiate yet...I wanted to see where they were starting at. their Aquisition fee was $925 + $96 doc fees. Just to be clear, is Aquisition fee and Destination Charge the same thing?

    Thanks
  • riloh05riloh05 Posts: 15
    Invoice is usually 6% of MSRP.
This discussion has been closed.