Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2013 and earlier BMW X5 Lease Questions

1181921232477

Comments

  • thanks..eights38

    it would be great if you can provide some help in getting a better deal....

    my only reservation now is leg room on their 3rd row...i have two kids (3 yrs old & 4 months), so i need a third row...3 yrs old and 4 months...any input on leg room on their 3rd row is also much appreciated...
  • I have 50 days left on my lease of a 2006 M3. The lease is paid up. I'm looking to lease a 2008 X5. Is there benefit or trade-in value to the old car? The dealer inspected it an put a trade-in value of $40K on it. How does that figure exactly in calculating the lease on the X5? This is my first lease to turn over.
  • eights38eights38 Posts: 137
    jbwisch - What is the buy-out on your current M3? If the buy-out is lower than the $40k trade-in value, you are in the money and could receive some benefit on your new 2008 X5 lease. During the course of the past few months, BMW has enhanced the money factor on select models for returning BMW customers. In the past, the only benefit was the disposition fee of $350 was waived.

    If you need more help, please feel free to email me or reply.
  • eights38: Sorry for my ignorance, but what exactly is the "buy out"? I don't owe anything on the lease. If that means the cost to purchase the car at the end of the lease, I'd have to check. The residual value was $42054. Thanks for your help.
  • Thank you. :D
    You are right, and so now I am looking into the 328xi.
  • Can you please tell me if this is a good deal? It's the last '07 on the lot.

    Includes: Premium Pkg, Premium Sound, Tech Pkg., Cold Weather, Rear Climate, Heated rear seats, sunshades, 3rd row, iPod adapter

    MSRP 66,125
    Cap Cost (with dealer cap cost reduction) 58,644

    Residual 58%

    Rate .00230

    36 mos. 45k miles

    $857.55 including PA tax + lease tax (total 9%)

    $900 security, no cap reduction of my own

    Thank you for your advice.
  • Brentslu..Did you find any good deal in Hosuton....I'm in the same boat...Looking for X5 3.0 ....36 month lease.... 15k.....I live in Houston....Do you mind posting your findings.....Thanks
  • Hello,

    I am looking to lease a new 2008 X5. I'm considering the 3.0 and the 4.8. Does anyone know the buy rate on the MF for both models as well as the residual percentage from BMW? This is for Hawaii.
  • just got back from dealership in Long Island. Here is the deal they gave me: '08 3.0si w/ technology, premium, & cold weather packages, running boards, sat radio and auto tailgate. 12k miles and 36 mos. $1662 out the door (1st month and security only), taxes and bank fee ($625) all rolled in, 60% residual and 2.55 int rate (is this the same as .0025 money factor?), 8.25% tax rate in LI, $54,200 msrp, negotiated to $52,500, $868 month. thoughts?
  • vsaxenavsaxena Posts: 201
    Lease Rates for 15K miles; add 2% for 12K and 3% for 10K/year.
    To get int rate multiiply MF by 2400. Note these were the rates for Jan but most likely have continued for Feb.
    2008 BMW X5 3.0si 4WD SUV
    24 Month – Residual 68% of MSRP – .00270 Base Rate
    36 Month – Residual 58% of MSRP – .00270 Base
  • I found mine in Dallas and drove up to get it.. I was in Momentum on 59 a few days back and they had the exact car I bought on the show room floor. I would assume they would give you a very similar deal.
  • brentslu...Thanks for your reply.....So you got X5 4.8 not X53.0....
    I'm waiting to see whether i'll get better money factor because of fed interest cut...
    any thought guys ??
  • Looking for an 08, X5, 3.0 lease in NJ with Premium, Tech, 3rd row and Cold Weather package. Any suggestions? Has anyone gotten close to invoice? So far I've gotten MSRP, 60% res, .0027 MF.
  • eights38eights38 Posts: 137
    kitkat14 - What dealer have you been working with? I have helped several friends get great deals on X5s in northern NJ. Please email me if you need more help.
  • rezfrezf Posts: 29
    Here are the numbers:
    MSRP: $73,320.00
    Sale price (Cap Cost): $68,006.33
    Car will be built in two weeks and be here in mid March (I custom ordered it)
    36months/15k per year: $1101 + tax per month
    total out of pocket fees: $2000 (see below for breakdown)
    Security fee is waived since I am a current BMW financial customer

    I insisted on doing the deal at $500 over invoice, but I have noticed some miscellaneous fees which make up the $2000. These are title fees $201, processing fee $295, Acq Fee $685, MACO fee $200, Training fee $180, and $439 is put towards down payment.

    Do you guys think this is a good deal?

    thanks
    RezF
  • eights38eights38 Posts: 137
    Please see February's lease rates for 15k miles per year. Add 2% to the residual for 12k miles per year and 3% to the residual for 10k miles per year. Notice the improved money factor.

    2008 BMW X5 3.0si 4WD SUV
    24 Month – Residual 68% of MSRP – .00255 Base Rate
    36 Month – Residual 58% of MSRP – .00255 Base Rate
    48 Month – Residual 43% of MSRP – .00275 Base Rate
    60 Month – Residual 36% of MSRP – .00275 Base Rate

    2008 BMW X5 4.8i 4WD SUV
    24 Month – Residual 68% of MSRP – .00255 Base Rate
    36 Month – Residual 58% of MSRP – .00255 Base Rate
    48 Month – Residual 39% of MSRP – .00275 Base Rate
    60 Month – Residual 32% of MSRP – .00275 Base Rate

    If anyone needs any help, please feel free to email me or reply.
  • a8175a8175 Posts: 6
    Hi, I ordered my x5 3.0 in december with lease loyalty. I order with tech package,nevada leather tabacco,heated front seats and running boards.MSRP is 51,525.00. I got sales price 48,382.05 and dealer told me that invoice is 47420.00.My car is at dealership and I will be picking it up near end of month when I turn in my x3. My monthly lease rate is 620.00 a month. I will pay 3291.51 for sales tax,acq. fee and 1st month payment.I just would like to know if rates possibly came down and if you think I got a good deal. Dealer tells me if rate did come down I would get that rate.O yea 12000 miles a year. Thanks
  • I was wondering if this was a good deal, they are giving $2000 at drive off with $760 includes tax a month for 36 month, 12k, The MSRP is $52,025, and the selling price is $49,700. The car has premium and technology package X5 3.0si. I am also a bmw owner right and my lease is up end of this month. What lease should of be getting. I am located in southern california.
  • What dealership did you go to? Can I get owner loyalty money factor, my lease is up end of this month?
  • knokno Posts: 7
    Hi again, baller2011.

    I answered the dealership question in the other post (Shelly BMW), but as far as OLP goes, I think the rate was only good in December. I kind of speculated that the December OLP would get canceled come the new year, so back then I locked in the rate for 90 days (typical lock in time frame for an OLP rate) and placed my order. Consequently, I had to take delivery of the new X5 before April, even though my lease ends April 15. Small price to pay because the OLP discount drops my monthly payment by around $80.
  • Thanks kno. Shelly BMW told me they will match the rate, that you got, I told my friend got this rate, can you match they said yes, come in will see what happens. You got a great deal.
  • knokno Posts: 7
    That's great! I hope they give you the same or better deal than I got. I can't tell you the sales agents name on this site (site rules), but I did go through the internet department and the guy I'm working with has been great! 750 over invoice or even better should be totally do-able for you. I'm imagining that with the coming of the new X6, along with the upcoming diesel model in the fall, sales on the X5 might be sluggish.
  • Hey everyone. Just a quick note to let you know that BMW did not continue its January lease money factors for the month of February. It actually improved the buy rate for the 2008 X5 slightly to .00255.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi kitkat14. There's lots of competition in New Jersey, so you should be able to get a pretty good deal on the X5 that you're interested in. If I was in the market for one in your area, I would comparison shop with a few dealers, aiming for a selling price of $500 to $1,000 over invoice. Make sure to stop by the "BMW X5 Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar trucks lately. BMW Financial Services' new buy rate for the '08 X5 3.0 is .00255. Make sure that the dealer that you choose uses that rate to calculate your monthly payment.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi RezF. $500 over dealer invoice is a good price for this vehicle, even if it does include a few fees. This is especially true on one that was custom ordered rather than just picked out of dealer inventory. Just make sure that the dealer that you are working with uses BMW Financial Services' buy rate lease money factor of .00255 to calculate your monthly payment and you're in business.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Welcome a8175. The selling price that you were quoted looks reasonable to me, especially given the fact that you ordered your X5 rather than just taking one that the dealer had in inventory.

    BMW's lease program for the 2008 X5 is definitely better today than it was back in February. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of an '08 X5 3.0 with 12,000 miles per year are .00255 and 58%, respectively for returning BMW FS lessees or new customers who pay a security deposit at lease signing. Make sure that the dealer that you are working with uses this new money factor to calculate your monthly payment.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey baller2011. The X5 that you are interested in probably has a spread of around $4,000 between its full MSRP and its dealer invoice price. The $2,300 discount that you were quoted is probably equivalent to around $1,600 over invoice. That isn't too bad, but there is enough room there that it wouldn't hurt to comparison shop a little more if you are in an area that has a decent level of competition. Have you tried stopping by the "BMW X5 Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar trucks lately? Once you arrive at a selling price that you are comfortable with, make sure that the dealer that gives it to you uses BMW Financial Services' current buy rate lease money factor of .00255 to calculate your monthly payment.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • FYI, BMW has cash incentive on X5's till end of February on GROUND units only. Must be financed or leased through BMWFS. Have been told this is $2,500.
  • Hi ilovedogs,

    Thanks for that great info of $2500 for ground units...I'm looking for 2008 X5 3.0...and asked a dealer to give money factor .00255....below is his response....

    "the only way you would get the 00255 money fact is if you're currently in a BMW LEASE or Financial Contract or with 15% at signing.If not within those guideline's Money Factor .00310"

    Is that true.....

    Thanks in Advance.
  • Hi eights38,

    Got a quick question..

    36 Month – Residual 58% of MSRP – .00255 Base Rate

    Is this for New customers also....The dealer is saying this is only for current BMW customer....Is that true. ???

    Thanks In Advance
This discussion has been closed.