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2013 and earlier BMW X5 Lease Questions

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Comments

  • kyfdxkyfdx Posts: 31,090
    Payment?

    Selling price?

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • elanspelansp Posts: 36
    Car_man-

    Here are the details as received from dealer on a 2009 x5 4.8i:
    MSRP 61,970
    PRICE : 57,196

    He said BMW money factor - .00155 with 59% residual

    $8,379.56 out of pocket for 1st mo, security, DMV fees, NJ and luxury taxes, etc etc etc. This is for 10k/year 3 year term.

    Anyone - thoughts???
  • elanspelansp Posts: 36
    BTW above numbers included the $1750 credit...
  • so190so190 Posts: 3
    Kyfdx, thanks for your reply and sorry for my not including the complete info.

    The payment is $577+tax
    MSRP is $65,770
    Demo vehicle with 12,993 miles
    The dealer said they would subtract $0.2 * the current odom of 12,993 from the MSRP to calculate the lease price.

    Purchase option is $34,398..

    Thanks once again.
  • so190so190 Posts: 3
    And the selling price is $53,993.. Thanks.
  • jayriderjayrider Posts: 3,447
    $560 + $232 = $79x.xx per month zero down. $9500 a year for the priviledge of bimmering. If it's small change re your income -- why not.
  • dpeck1dpeck1 Posts: 51
    Have a deal in lease 3.0 Brass Hat purchased at BMW auction. Car has 14,000 miles. dealer claims he bought car for 50,000 and has to buy the additional miles.

    MSRP 57,700
    The worksheet says inital cap cost 51,000
    Total add cap costs 925

    cash cap reduction 2500
    adjusted cap cost - 49,424

    MF is .0018
    resideual is 53.93 % because of miles

    Amount due at start is 4,741 on worksheet. Dealer then applies 1750 and I owe about 3,000 upon signing with a payment of $692 oer month including taxes.
    15K miles per year, 36 months.

    It seems that they are charging me for the miles? Good deal? Please advise if you need more info.

    Thanks
  • jayriderjayrider Posts: 3,447
    Don't know about the lease but bmw dealer in springfield, il is advertising new x5's for 49k -- 10k off msrp. Try them for a lease.
  • How much is your monthly payement? Maybe I missed it.
  • Hey Car_man,

    Do you know what were the monthly pymts for the X5 tec2 posted. I am interested in picking one up as well. What is the selling price I should be looking for? Thanks.
  • I didn't do the deal. No help from the board or CARMAN. Where are you?

    What are the September MFs and REsids on a 36 mo lease 15k for a 3.0 vs. a 35d?

    Thanks
  • jayriderjayrider Posts: 3,447
    Check ridewithg.com for leasing info.
  • I just checked with the IRS (actually spoke with one of their experts), and he directed me to the instructions for form 8910 which states that in order to claim the $1,800 federal tax credit for a 2009 or 2010 BMW X5 diesel "You are the owner of the vehicle. If the vehicle is leased, only the lessor and not the lessee, is entitled to the credit". There have been several posts here suggesting that the lessee can claim the tax credit for a clean burn diesel. They cannot.
  • Hi. I'm looking to lease a BMW x5 3.0i. I'm located in Los Angeles. What can I expect to pay for a 36 month lease with 0 down?

    Thanks,
    JD
  • jayriderjayrider Posts: 3,447
    Depends on the msrp and actual selling price of the truck. The range between a base vehicle and a loaded one is huge. Then you need to figure the depreciation and the money factor. Read earlier posts to get an idea of monthly payments. $800 per month with super credit should be attainable rolling in everything.
  • Hey elansp. If I was in the market for a 2009 X5 right now, I personally would shoot for a selling price of around $500 over dealer invoice minus all of the available cash incentives. It is difficult to say whether a dealer in your area will be willing to accept this offer, but that's what I personally would aim for.

    You should be able to get some good feedback on how much you will have to pay for this truck right now by visiting the "BMW X5 Prices Paid and Buying Experience" discussion.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi elansp. The money factor and residual value that you were quoted for this truck are perfect. They're right in line with BMW Financial Services' current program. That's always a good thing.

    Now let's look at this vehicle's selling price. There is probably a gap of a little over $4,800 between this truck's full MSRP and its selling price. Add to this the $1,750 cash incentive that is available on leases of it right now and you have a total of around $6,650 to play with during your negotiations. You were quoted a discount of $4,774. That is probably right around $1,875 over dealer invoice. If I was in the market for this truck, I personally would want a larger dealer discount than that...particularly if I lived in an area that has a high level of competition like you do You may want to try comparison shopping with another dealer or two to see if you can beat this offer.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi ccarrill. If I was in the market for an X5 right now, I personally would shoot for a selling price of around $500 over dealer invoice minus the available $1,750 cash incentive that is currently available on leases of it. It is difficult to say whether you would be able to attain this price in your area, but it's worth a shot.

    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 right now before entering into any serious negotiations with dealers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello jdroth. Jayrider is right. This truck's lease payment will depend upon its MSRP and selling price. If you let us know what these numbers are, I'm sure that either myself or another helpful community member will be happy to work up an approximate lease payment on it for you.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • They dont have the current numbers
  • 2009 3.0 tech, premium, cold, rear climate, ipod

    MSRP 56250
    selling to me 47500

    lease 15K milles and 36 months

    Cap cost reduction 1750 (from BMW)

    tx 7.375 %

    Car has 9,000 miles and was bought at auction. Car is CPO 6 yr 100,000 miles

    Monthy payment including tax is $678 per month with 2900 out of pocket (ist month, 700 security, 925 bank feek, 499 conveyance/dealer fee, 170 docs)

    IS this correct? IS it good?

    Thanks.
  • does anyone know bmw lease rates money factor and residual for2010 35d 3yr/12000mi
    thanks
    barnes88
  • I was seriously considering leasing a 2010 X5 diesel, but now that BMW has signed a contract with Bridgestone to have their run flat Dueler tires (which apparently do not work very well in the wet or any other slippery condition) put on all X vehicles, I think I may have to think of going with a non BMW vehicle. One would think that after all of trouble that owners have had with previous Bridgestone run flats, that the suits at BMW would have gone in another direction. Really stupid to put a tire that is poorly rated for slippery conditions on an all wheel drive vehicle that many people purchase to be able to navigate in less than ideal road conditions.
  • Hi all,

    I am currently in the market to purchase a new 2009BMW X5 and have a question to the current incentives posted on Edmunds for the X53.0 model. It says for the $539 monthly payment among other things, a dealer contribution of $1625 is required.

    In an unrelated article in the autonews, I read that BMW offers I think it was $2000 in dealer incentives.

    Is the dealer contribution a seperate item or is the dealer contribution part of the regular negotiation to reduce the MSRP? Or in other words, the dealer currently offers me a price $750 offer invoice, which seems decent offer, but can I go back and ask for an official dealer contribution or dealer incentive? Don't want to be too greedy, but don't want to left anything on the plate either...

    Maybe somebody can help and point me in the right direction

    Thanks and thanks to all forum participants in general. Obtained very good and valuable info's by reading through the discussions.

    Cheers
  • Working on lease of a X5-35d . Do both $1750 and $4500 (eco) discounts apply?
    Thanks in advance.
  • Was interested in 2010 X5d3.5
    Dealer says $4500 discount applies but wants 0.0028 money factor and 0.55 residual (15k)

    Alternately 2010 X53.0 no $1750 discount (only applies to 2009 model year) but will drop money factor to 0.0019 and increase residual to 0.57 (15k)

    On the X5d3.5 without negotiating MSRP 65075 dealer applied $4500 discount then another $2500 off MSRP to $58075. Lease was $973 including taxes (primarily due to higher money factor).

    Does this sound correct?
  • MSRP 59,375
    3 yr lease 12,000 miles/yr
    dealer quoted for 1.8 money factor
    I turned in my current lease of 335i which will be up in Dec 2009 with secuity deposit of $650. They charged me $400 for 2 tires and applied $250 to the new lease.
    They claimed appling $1,750 to my down payment. My out of pocket was $3,400.
    My monthly payment is $689 plus tax.

    Is it a good deal? Am I getting 1.8 money factor as they claim because I cannot see it in the contract?
  • Hi barnes88. 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 2010 X5 35d with 12,000 miles per year are .00280 and 57%, respectively.

    When negotiating your lease on this truck, make sure to take advantage of the $4,500 cash incentive that is currently available on it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello chrisch70. BMW is currently providing a $1,750 cash incentive on leases of the 2009 X5 3.0. This cash incentive is paid for by BMW. You should be able to negotiate an additional dealer discount with the dealer on top of this cash.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi cdahl. I believe that the X5 diesel is only eligible for the $4,500, not the $1,750.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.