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2013 and earlier BMW X5 Lease Questions



  • Here you go, drewmisha. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 X5 4.8 with 12,000 miles per year are .00175 and 57%, respectively. This money factor is reduced by .00080 on models that are not equipped with the free Premium Package.

    Prices Paid: Buying & Leasing Experiences Forum
  • mehra1mehra1 Posts: 3
    Considering a 2008 X5 with the following, is this a good deal?
    Premium package, cold weather package, rear climate package, and iPod adapter…. msrp $52,075

    With a CAP cost of $48,575 the lease would be $651.96** plus $32,59 tax… $684.56 per month.

    Residual $29,162.00 money factor is .00145

    Up front costs:…………..1st month $ 684.56

    Refundable sec deposit…….700.00** **Requires BMWFS approval to waive**

    Bank acquisition fee…..……925.00


    Registration/doc fee/plates..379.00

    TOTAL UP FRONT……….. $2,734.81
  • byumbyum Posts: 13
    I think you can do better as I was offered this lease yesterday.

    2008 X5 3.0, Premium, Navigation, Ipod

    MSRP $51350
    Selling Price. $45695

    $2500-Total Drive Off
    36 months
    $564 + tax (8.25%) = $610.53
  • thx byum. couple of questions - what state do you live in, and can you break down the $2500 drive off? i am considering an X5 vs a Q7 and this seems considerably cheaper than the Q7 w/Premium Plus package. At least before negotiating.
  • jayriderjayrider Posts: 3,194
    BMW is advertising a lease for an 08 X3 with an msrp of 50375. The deal is 4k down and 559 for 36 months. If you negotiate 4k off msrp and come in at a purchase price of 46000 then what happens to the 4000 down and the 2990 due in Illinois sales tax? If you want a zero down lease does BMW pay those for you or do you fold the 7000 back into the lease and figure your payments on a $53000 car? Thanks
  • jayriderjayrider Posts: 3,194
    That was the X5 3.0 not the X3.
  • Thoughts on this deal would be appreciated.

    2008 x5 3.0, premium, cold weather, iPod, Pan Sunroof... MSRP 53,000.00ish.

    36 months, 15000 miles

    This vehicle was also a service loaner, has 8300 miles on it.

    1300.00 drive off

    $675.00 per month and they are picking up the last payment of 629.00 on my old Acura MDX lease.
  • I've been going back and forth with a dealer in LA. Seems the residual is low on the 2008 X5 3.0 and the money factor is so so right now. I have some time but would prefer not to wait. Was hoping you would rub your magic ball and give a prediction on what you expect MF and residual to be for November and December. Really wanted to wait and buy the diesel x5 but I'm being quoted MSRP, low residual and high MF so its coming in over $1100 a month for a 36 month lease so if its going to be a "popular" item, can't see how its going to make sense for a lease until the novelty wears off. You future predictions on those all important variables please!
  • nyinla... tell us what dealer gave you a 56% residual please! great.
    rules in orange say you can tell us the dealership names good and bad but no salespeople. please post. lets get business to the good ones and away from the bad ones. thanks. your rates are pretty good, did you get a returning customer discount?
  • Hi kinjachris. As you may already be aware, BMW made a significant enhancement, probably the biggest one that I have ever seen it make, to its lease program for 2008 models on October 9th. This enhanced lease program is currently only scheduled to run through the end of the month. It is difficult to say whether BMW will extend it into November, let alone December. If I was in the market for an '08 X5, I would pull the trigger right now. If you would rather go with an '09 model you probably won't lose much by waiting.

    Prices Paid: Buying & Leasing Experiences Forum
  • jayriderjayrider Posts: 3,194
    Here you go Car Man. Still trying to figure out the deal with no money down leases for future reference. The BMW website has a deal for an X5 3.0i msrp $50375 [base model --none on the lot for sure] and a 36 month lease of $559. For this price they require $4009 cash down and you pay the taxes. If you negotiate $4009 off the msrp you still have $83 a month tax in Illinois so your payment would be $559 approx.[somewhat less based on lower selling price] plus $83 per month tax for a total of $642. So based on this, could I expect to walk into the dealership with $642 [1st month] in my pocket and an 850 credit rating and and drive away with a new BMW.Of course the lease is for 10k per year and I would need 12k.[always something] And would that seem like a good deal?
  • Hey everyone I'm new to this and I have a question...

    Not sure if the November lease programs are out yet, but as far as an '08 X5, what were the rates in October and what are they in November? Did they get better, stay the same, or get higher??

    I don't know if you need more specific information, but I'm in New York, interested in a 36 month lease with 10,000 miles a year, and I have BMW loyalty.

    I hope someone can help!
  • Not sure if this helps for NY or not...
    In CA i was just quoted 2 days ago.
    bmw loyalty money factor of .00150 (.0020 is standard)
    residual 53%
    They were pressing me to purchase before end of Oct but I'm not in a terrible hurry.
    I'll take my chances on Nov and Dec. BMW can not be immune to the crashing US economy, seems to me it can only get better for an suv purchase...
    good luck.
  • Unfortunately I don't know much about money factors and residuals.. When I asked the dealer what % it was in October for the '08 X5, he said 3%. What does that mean? And is it lower or higher in November??

    If you don't mind, please explain it to me like you would to a 5th grader!
  • money factor is a fancy way of disguising interest rates to confuse consumers for leases. If it is a purchase they will normally quote you an interest rate like you got etc.
    You need money factor if you are going to use a lease calculator off the web to figure payments, etc.
    Simply multiple the money factor rate by 2400 and you get an interest rate you will recognize for approximation.
    .0015 * 2400 = 3.6% ---- .0020 * 2400 = 4.8%
    Once you know money factor, residual and the price you pay for the car you can calculate an APPROXIMATE lease payment using the lease calculator on this website which you can find at: d=edmunds..calculators.basic_loan_tab.basic_lease.tab_link..*

    Can't tell you on November yet, no one has posted those numbers if they went up or down.
  • jmcbmwjmcbmw Posts: 62
    I also posted this in the "prices paid" section. I'm in So CAL helping a friend find a lease on a 2008 or 2009 X5. He finds a 2007 X5 3.0i with only 135miles on it that the dealer is claiming is new. Is it possible this vehicle had some sort or problem or accident that they do not have to disclose because it was never registered? It's in the color he wants (Monaco Blue) and has almost all the options we have been looking for. MSRP is $56740 and it has premium, sports, comfort access, sat radio, running boards and rear climate. They are offering $10K off sticker. The only info I can find is for a 2007 certified used X5 in outstanding condition listed on edmunds at $44700. We are also very concerned on lease numbers (money factor/residual) for an 07. They haven't given us this info yet but will post later.
    Otherwise we are looking at an 09 because have not been able to find an 08 with color and options. Another dealer is offering $1600 over invoice and buy rate MF on an 09 lease and $1600 below invoice w/ buy rate if we can find an 08.

    Any thoughts on this 07 would be appreciated. As of now I am telling my friend not to jump on it as it seems wierd.
  • that does sound wierd. like an indiana jones relic.
    well please post the info you get from the dealer, I can't wait to see the residual on an 07 that is essentially two years old before it gets on the street. I can't imagine that car is going to pencil for a lease at all. If you figured a new one will depreciate 47% in three years (based on 53% residual), lets be super kind and say it depreciates 1/3 of that each year (which can't be true, it would be more heavily weighted on the first year and a half). In that super generous example, it depreciates 15.6% a year. So in a petri dish, 10k off seems reasonable. Facts are it is 2 model years old so technically it has depreciated 2 years already right? Thats 16,500 of value already gone, poof. My guess is that car was off the road for several months in a body shop on a bad test drive!!!

    What dealer still has an 07! Tell us! Sales must really be down there!
  • jmcbmwjmcbmw Posts: 62
    2009 BMW X5 Wagon xDrive 3.0i
    24 Month – Residual 63% of MSRP – .00175 Base Rate
    36 Month – Residual 57% of MSRP – .00175 Base Rate
    48 Month – Residual 39% of MSRP – .00285 Base Rate
    60 Month – Residual 33% of MSRP – .00285 Base Rate

    2009 BMW X5 Wagon xDrive 4.8i
    24 Month – Residual 63% of MSRP – .00150 Base Rate
    36 Month – Residual 57% of MSRP – .00150 Base Rate
    48 Month – Residual 32% of MSRP – .00285 Base Rate
    60 Month – Residual 26% of MSRP – .00285 Base Rate

    Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
    Info taken from
  • Thank you. Good to see the residual go up.
    So it brings about a question. For purposes of using online lease calculators to get a ballpark lease payment, should I be using the residual of MSRP or of the purchase price.

    For example. 09 X5 3.0 36 mo. lease @15k miles per year. MSRP of what I'm selecting is in the 57-58k range. Invoice is around 52-53k. Lets just say for argument sake to help me understand this I paid invoice. So I would put the price paid as my cap cost, the above money factor and from what I'm hearing I should put 57% of MSRP into the calculator instead of 57% of 53k.

    Is this correct?
This discussion has been closed.