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

1545557596077

Comments

  • sevygsevyg Posts: 3
    i just received a lease quote:
    MSRP: 61,875
    Selling car for $56k (inlcudes the $1730 rebate)
    4700 out of pocket
    15k miles/year
    36 months
    $753 with tax/month
    My Credit rating is over 800

    any thoughts on the price...does that seem like a good deal....
  • What is the residual value at the end of the lease? That is needed in order to figure out the payment.
  • I also need your zip code to figure in tax.
  • sevygsevyg Posts: 3
    im not sure of the residual...asked the dealer to provide money factor and residual.

    08820 is zip code.

    lets assume the residual is 48 and one at 52...seesm that people say this is the residual. MF .00195
  • The purchase price and money factor are excellent. I don't think you could get a better deal than that if you were the owner's brother. There is no way the residual would be $48K, that it way too high. I think a realistic figure to buy the car at the end would be somewhere around $37K, which would make the payment around $780. Without exact figures, you cannot calculate it. The numbers are not just pulled out of the air. You're getting a really good deal. That salesperson deserves a $100 tip!
  • ab10000ab10000 Posts: 127
    Hi sevyg

    The selling price is fair but not great, given that there is at least 8K markup in the car and you are leasing which dealer/BMW make additional at least $7000 more on the car. See bellow breakdown.

    Here is the facts that is available online and you can judge for yourself,
    for X5 3.5 premium with no extra option, there is

    1- $1730 credit for navigation
    2- $1000 loyalty or if you take the team America test drive
    3- Dealer is including $500 on top of invoice regional Marketing add fee, (which I think is B S, because you expect us to pay for Dealer Water and Cable bills also. Why BMW dealers don't be start forward with your customers)
    4- At lease $1270 hold back to dealer
    5- Invoice $52,160 including destination and marketing fee $500
    6- There is X dollar rebate incentive to dealers based on the number of BMW cars they sell every month
    7- for MF .00195 there is more than $6200 in interest profit for Dealer and BMW Financials

    So 1730+1000+500+1270+3915(difference between invoice and X5 premium MSRP)=$8415 is the total markup on the basic 3.5 premium not inducing interest form lease and all other lease fees markups,

    That is 15% profit not including the Volume Rebate to dealer.

    $8415 +6200 Interest on lease+750 acquisition fee+200 Doc fee+ 350 Disposition Fee= $15,915 total profit on your deal if you got the X5 Premium only, for added options the profit is more

    Check your numbers at http://www.leaseguide.com/calc.htm to see your payments
  • ab10000ab10000 Posts: 127
    edited November 2011
    Hi omszz, nice car and options,

    This is a deal that all dealers will give anyone without any negotiation, call any dealer and see. I do not see the savings you got. Check the forum postings and see for yourself. Typically people on this forum ask questions before dealing and will post any interesting facts or good deals which I do not see in your posting.
  • sevygsevyg Posts: 3
    thanks...

    how do you know about the dealer holdback, is that published somewhere....you used to see what each car had as an allowance from the manufacturer for advertising, time on lot, etc...but i cant find that anymore
  • ab10000ab10000 Posts: 127
    Yes the dealer holdback is available online in many sites
    Check this one

    http://www.truecar.com/prices-new/bmw/x5-pricing/
  • OMSZZ

    Im in Seattle too, what dealer did you buy your X5 at?

    Thanks

    Ma
  • omszzomszz Posts: 10
    edited November 2011
    Hi kingcobra,

    BMW Northwest in Fife - I recommend working with their "internet manager". BMW Seattle was willing to match the same deal, but didn't have a good build slot. BMW Bellevue couldn't match.

    Note - there is now an $1000 credit on the X5 xDrive50i, so I'll be getting that in addition to the terms listed above, so I'll be paying $1k less down for the same monthly payment.

    I haven't seen the Nov rates/residual yet, not sure if they got better or worse?
  • Hey Jay. BMW Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2012 X5 50i with 10,000 miles per year are .00195 and 62%, respectively for consumers who qualify for its top credit tiers.

    The money factor would be .00030 lower for loyal customers.

    When negotiating your deal on this truck, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it through BMW FS.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • yevpkyevpk Posts: 1
    Hello everyone! We used Amex's Auto Purchasing Program and got a dealer quote of $60,940 on a BMW X5 35i Premium with an MSRP of 65,176. First, is this a good price, and second, what would be a good lease rate? Looking for residual value and money factor on that car for a 36 month lease and 12000 miles/year . Thanks!
  • j335dj335d Posts: 4
    edited November 2011
    Hi! Can you pls provide the MF and residual for 24 month/10k miles per year lease on a 2012 BMW X5 diesel? Thank you.
  • I just signed the contract on following X5 xDrive35i premium and want to know if it's a fair deal:

    MSRP: 60,950
    Selling price: 54,500 (inlcudes the $1730 rebate)
    12k miles/year
    36 months
    Residual value: 0.56

    $707/month (tax included)
    Out of pocket: $4586 (including 7.375% tax, 1st month payment, acquisition fee, sec deposit, doc fee, etc).
  • This is the lease deal I just got in Colorado.
    Any comments??
    Does it sound ok? Thanks for your input!

    2012 BMW x5 35i premium with convenience package, premium audio pkg, spare tire and running boards.  Alpine white w black leather
    MSRP $61,525
    Sale price $57,250
    Additional Cap reduction of $5,500 for trade-in
    Money factor .0020
    Residual 53%
    36 month lease with 12k miles/year
    7.7% tax
    Zero cash down
    $755/month incl tax
  • ab10000ab10000 Posts: 127
    You need to get the $1730 option credit and $1000 if you finance with BMW. Your current deal is not pretty.
  • I got same for $52505, no out of pocket for $739/month
  • Your monthly payment is about right for the price your got. If your MSRP is same as mine - $60950, then you knock off $8.5K, sounds like an incredible bargain.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited November 2011
    Hello yevpk. BMW Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2012 X5 35i Premium with 12,000 miles per year are .00195 and 56%, respectively for consumers who qualify for its top credit tier.

    This vehicle's money factor is .00030 lower for loyal customers.

    When negotiating your deal on this truck, make sure to take advantage of the $1,730 option credit and $1,000 cash incentive that are currently available on leases of it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited November 2011
    Here's the information that you're looking for, j335d. BMW Financial Services' November buy rate lease money factor and residual value for a 24-month lease of a 2012 X5 35d with 10,000 miles per year are .00195 and 62%, respectively for consumers who qualify for its top credit tier.

    This money factor would be .00030 lower for loyal customers.

    When negotiating your deal on this truck, make sure to take advantage of the $2,500 option credit and $1,000 cash incentive that are currently available on leases of it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the lease deal I just got over the weekend. Any comments/thoughts?

    2012 X5 xDrive35d with premium package, BMW Apps and iPhone cradle

    MSRP: $61,590
    Sale price: $51,500 (including ECO, Nav and leasing credits)
    10,000 miles/year
    36 months
    Residual: 54%
    Money factor: .00195
    Monthly payment: $676/month
    Out of pocket: $3960 (includes all sales taxes, first month's payment and fees)

    Thanks!
  • ab10000ab10000 Posts: 127
    Hi landl1
    Does your payment include tax? What state you are in?
    I thought the residual for 10k milies is 59%
  • All the taxes are paid up front in my state and included in the up front payment. I think the residual on the gas version is 57% in November and 53% for diesel. Can anyone confirm?
  • ab10000ab10000 Posts: 127
    edited November 2011
    Hi landl1

    Gas is 59% for the 10k, I think they are making money on the inflated residual.
  • Hi Carman,

    Can you pls tell me the money factor and residual value for a 2012 X5 50i ?

    I got offered the following for a 2012 X5 50i with premium package+3rd row seats+running boards for a 36/12k lease with 3k down (CA/Bay Area dealer). Doesn't seem to be a great deal based on threads so far (the money factor seems way off). Thoughts welcome ?

    - 61% residual/0.00270 Money factor
    - MSRP $69,195
    - Cap Cost - $66,695 with deal discount+1k lease credit
    - 1,045monthly payment.

    Thanks to everyone for sharing their thoughts/deals..very useful for a new buyer.

    Ashish
  • Hi Carman,

    My local dealership in Northern California gave me the following numbers for a 12000 mile 36 month lease:

    MSRP: 70625

    Selling Price: 66590 (they say this is 1000 over invoice)

    Money factor to me: .00185 (Buy rate MP + 20 basis points that is their markup - 30 basis points loyalty discount as I currently lease a 5 series from BMWFS). The dealership said that I can get a 1000 finance credit but the 30 basis point discount will be better for me. Is this correct?

    Monthly payment with sales tax of 8.25%: 898 with 2500 cash due at signing OR 791 with 6000 cash due at signing OR 730 with 8000 cash due at signing.

    Is this a good deal? Should I negotiate more anywhere? How? Where? Please guide me.

    Thanks!!
  • Hi Ashish,

    This ain't a pretty deal. My understanding is that you should get to the invoice price minus $1000 when you include the $1000 cash bonus and the $1000 finance credit that is available from BMW and BMW FS respectively.

    The buy rate money factor for the X5 50i is .00195 for the month of Nov 2011. Dealerships are in their right to markup this number by 40 basis points - bringing it to .00235, however, most times buyers are able to negotiate this down. In the bay area, the most expensive dealer to buy a car from are BMW of Mountain View, Stevens Creek BMW and BMW of Fremont. Try dealing with any other dealer even if you have to travel a few miles to get your vehicle is my opinion.

    After all the negotiations, you should be able to get the pm payment to $825 (for an 69125 MSRP X5 including sales tax of 8.25% with minimum drive-off - i.e. about $1600-1700.

    Info source: a 6 time BMW leaser.

    Thanks and good luck.
  • ab10000ab10000 Posts: 127
    One of highest price BMW dealer in bay area is East Bay BMW, they want $2000 above invoice plus .00235 MF. I found Peter Pan more competitive 500 above invoice and the BMW dealer in Berkeley also very aggressive good pricing.

    I think a fair deal is invoice minus all the credits. Because their is $500 marketing fee and about $1300 hold back included in the invoice price, a total of $1800 backed in.

    Dealers in LA have better pricing, the will give the buy rate .00195
  • I talked my sales rep in New England area with regards to a new "2012 BMW X5 xDr35d" machine.

    This machines has the following:
    Sport Activity Package
    Cold Weather Package
    Premium Package
    Sport Package
    Smartphone Integration
    BMW Apps
    Destination Charge
    -----------------------------------------------
    Total MSRP ==> 64,275.00
    -----------------------------------------------
    On top of this, I seem to get...
    $2500 for ECO Credit
    $1730 Options Credit
    $1000 Other Credits

    Now, the terms,
    36 month lease
    12,000 miles per year
    Cap cost reduction of $1500.00
    Total due at signing is $3826.95
    The residual = 53% at the end of the lease ($34,065.75)
    Money factor = .00146 with the 7 Multiple Security Deposits.
    $5600 in MSDs

    Monthly payment ==> US$ 799 (incl Tax)

    Is this a good deal? What am I missing?
This discussion has been closed.