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2013 and earlier BMW X5 Lease Questions

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Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome txsuv. BMW Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 Premium with 10,000 miles per year are .00127 and 60% for consumers who qualify for its top credit tier.

    For loyal customers, BMW is now providing $1,000 loyalty cash plus the waiver of the first month's payment.

    It goes without saying that the lower the selling price you can negotiate the better. If I was in the market for one right now, I personally would shoot for say $500 over invoice minus any available cash incentives, but you might be able to do better than that if you really shop around.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • So how bad of a deal was it? I understand $4 k too much for down payment but with $560 mo tax inclussive? Are we talking paid too much by $1k or $250? I'm about to do this again when my m350 suv is up in October. Thanks.
  • socal59socal59 Posts: 54
    Sandman, on this website you can find out the invoice price of the vehicle. I would shoot for $500 over invoice and then subtract the incentives BMW is offering from that. Usually less than $2000 initial payment. You can read all about this on these pages. Just scroll back a page or two. Let us know how you make out.
  • I recently purchased a 2013 x5 for $500 over invoice. I would think something near invoice would be doable for most folks assuming invetories dont drop too much before the 2014's arrive. Watch out for the finance guy tho--he tried to strong arm me on extended warranties and a bunch of add ons costing nearly $7k. I then discovered the add ons were marked up 100% so ended up negotiating to about half.

    Also--the 2014's are priced $5K higher across the board. Better jump on those 2013's soon.
  • kr3pt0nkr3pt0n Posts: 6
    edited July 2013
    Carman and Jason,

    First off, thank you for helping all of us. You guys are amazing.

    I'd like to clarify something.
    What is the residual percent for X5 3.5i Sport 36 and 39 months 12K lease? Is it still +1% for 10K and -2% for 15k leases? Where can I find that $1500 Loyalty cash that you posted in earlier post. On bmwusa, all I see is $1000. I also don't see that first payment waiver. I'd like to be fully armed before I negotiate. Also what is the better financial deal right now 36 or 39 months?

    Thank you so much.
  • socal59socal59 Posts: 54
    I'm thinking of ordering, if I can't find a dealer that has this X5d on their lot. I'll see if its not too late to order.

    I'm looking for a 2013 X5d with:
    Sport pkg, 20 inch rims, Nav and space saver tire. Msrp $$62,825, Invoice $57,800.

    I'm thinking $500 over invoice, minus $3500 Eco, $1000 loyalty leaves a selling price of $53,800.

    With current MF and ResiduL, what would the payment be?

    I would have to add the acquisition fee as well, I think it's at $795. Thanks everyone.
  • jasonmdbmwjasonmdbmw Posts: 117
    RV is 57 and 54% for 36 and 39. Yes that is correct for 10 and 15k miles. The Loyalty Cash is $1000 not $1500. The 1st payment waiver is the Turn Key program and only covers up to $500 on the 1st payment, so anything over that has to be covered by the customer. You have to be in a BMW lease right now and be within 30 days of the turn in date to qualify for the Turn Key program
  • hachee2001hachee2001 Posts: 11
    Does anyone know what the current RV's are for the X5d, specifically 36 months and 10k/year? I believe the numbers above are for the other models. I assume the MF is the same (.00127). Thanks.
  • kr3pt0nkr3pt0n Posts: 6
    edited July 2013
    Hi guys, I hear everyone going for 500 over invoice, but what fees are you excluding or including? Is that before the bank fee aka acquisition fee or it's already included? What other fees should be included or excluded in the lease when we talk "500 over invoice"?

    Thank you
  • jasonmdbmwjasonmdbmw Posts: 117
    Yes the MF is the same. RV for 36mo is 54%, 39 months is 52% for 10k miles/yr
  • kr3pt0nkr3pt0n Posts: 6
    I'm having trouble getting a deal, even for the car on the lot. Anyone recently gotten a good deal on X5 in northern california? The best I got is $1000 over invoice plus acquisition fee. Please PM me or post your recommendations.

    Thank you
  • gotigers1gotigers1 Posts: 8
    Would be interested to hear how the numbers work out for you on this...given the much lower resid (even with ecocredit) its a bit more expensive to buy the D. With where diesel is vs. premium couldn't convince myself this was the way to go other than long-term maintenance might be less with diesel vs. turbos if you buy it out.
  • hachee2001hachee2001 Posts: 11
    While I really haven't gotten any "real" numbers from a dealer yet, I compared the numbers (using what I've seen on this forum) for both the diesel and gas premium, equipped as I'd order them (as close as possible to each other). I used the lease guide calculator, and just took the loyalty and eco credit off the selling price, which I set at $500 above invoice. (I'm not sure if it's actually treated this way, but I wanted to compare apples to apples.) The diesel's list was about $1,225 higher, it's got the eco credit, and the RV is at 54% vs 60% for the gas.

    Factoring this all in, I came up with a monthly pmt of $733, including tax, for the diesel and $718 for the gas, so a $15/mo difference. Factor in the fuel differential, which, based on about 9,000 miles per year, with the diesel getting 20% better mpg, but costing about 30c more per gallon (all very unscientific, but I think this is close to accurate, at least where I live), comes in in favor of the diesel, with a monthly savings of about $28. So overall, a net savings for the diesel of about $13/month.

    Obviously, the difference is pretty negligible, so it's not really the cost that will drive one's decision here. I happen to prefer the way the diesel drives, having had both. But it is a little frustrating that the residual on the diesel is much lower, thereby increasing the monthly lease payment. But I suppose this is good if you're looking to buy at the end of the lease term.

    At some point soon, I'll see what my dealer really has to say, but my gut tells me the differences should be pretty accurate.
  • Just leased an X5 35i drive - Prestige BMW Ramsey, NJ, Salesman Elvis
    10k miles, 39 months

    MSRP was $56225

    -$1000 BMW drive event
    -$1000 loyalty cash

    Payment was
    $520 per month x 39 months

    Taxes, Title, Doc fees paid up front
    Put down 7 MSD's to get the MF down

    I'm not one to forget about the selling price #'s or the actual MF but the payment was where I needed it to be, so that was all I asked. Works out to approximate selling price of $50,000
  • star990star990 Posts: 4
    Hello Carman,

    Thinking of pulling trigger on a X5 3.5 Sports, Could you please post August lease buy rates (RV & MF) for 12k miles, 36months and 39months respectively. Also are there any changes in rebates or incentives as well from BMW as 2014 will be coming out soon.

    For some reason I am getting hard time finding one with sports/M package, specially a non-white color, from the looks of local dealers (so-cal) inventory looks like they come only in 3 colors white black or grey :blush: .

    Thanks a lot for your help.
  • Hi, premium would be helpful too please!

    Thanks
  • Do you know when this car will be available for a delivery? My dealer is telling me that a production of this model will not start until October, and they are expecting a delivery in November. However, other dealers are expecting a delivery around late September or early October when I called around.
  • I am in the market to lease a 2014 BMW x5 3.5 with sport package. The car after all the options (dvd players, keyless entry, etc) came to about 73k...what is an appropriate cost I should expect to pay? Thanks in advance, I am a current Range Rover owner so not familiar with BMW
  • marc68marc68 Posts: 27
    I am also interested in a 2014 X5. When where you told the 2014 model would arrive at the dealership?
  • Can anyone please post the Aug rates for 2013 X5 D and 3.5i including 10,12,15K residuals and MF's?

    Thanks!
This discussion has been closed.