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2013 and earlier BMW X5 Lease Questions

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Comments

  • kanchiskanchis Posts: 33
    The selling price is not aggresive enough for me. I'd say you can improve a bit more there.
  • kanchiskanchis Posts: 33
    Not enough info to answer you question. Whats the MSRP?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bimmerbanker. I know that BMW Financial Services' top two credit tiers qualify for its best rates, but I'm not sure exactly what the cut off is in terms of credit score. I'll try and find out for you. I think that anything over 700 is in good shape in terms of qualifying for the best rates.

    Car_man
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  • Thank you Car Man!!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome bimmerbanker.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man, could you post the residual and money factor for the X5 35d and the X5 Premium for 12K/36 months.

    Also, is the residual percentage negotiable? I've seen some posts on this forum for the diesel at 53%, while others at 59%...

    Thanks a ton.
  • Dear Car_Man,

    What's the residual and MF for 2012 X5 Sports Activity for
    1) 12k/36 months
    2) 10k/36 months

    I got a quote (9/6/2011, today) for MF 0.00195 and residual 57% for 12k/36 months.

    Thanks.
  • Picking up my 2012 X5 Premium this Friday, can someone tell me if this is a good deal -

    MSRP 60,975.00
    Selling Price $57,715.00 (plus taxes)

    WH/Oyster
    Convenience Package
    Premium Sound Package
    BMW Apps & Running Boards

    10K / 3 Years

    The dealer has mentioned a payment of $695 but not disclosed the MF or Residual yet. I should also qualify for the loyalty program.

    Any thoughts?

    Thanks.
  • Was just advised that BMW now giving credit for Navigation of $1,730. You want to make sure that you are getting that credit in your payment. If not, your payment should drop by another $48 a month ($1,730/36), plus any taxes you were paying on it.
  • Would like MF and Residual for an X5, 15K miles, 36 Months assuming highest credit score. Do we have any information on concessions to dealers? Thanks
  • How does that work if Navigation is part of the Convenience package?
  • ab10000ab10000 Posts: 127
    How much down? And other fees?
    Did you get credit for the navigation?
    A good deal is usually more than 4k bellow MSRP.
  • I'm putting $5,600 down.. this is my first lease.. I didn't know about the navi credit but will bring it up to the dealer. Does anyone know the MF or Residual for this vehicle?

    Thanks.
  • Would never recommend putting that much down, unless you have to for credit purposes. If the car ever gets wrecked, you lose your downpayment.
  • Thanks for the advise, I may revise the amount down. I spoke to the dealership and the finance guy mentioned a loyalty MF rate of .00195 and a residual of 60% for Sept. Are these good numbers?

    He didn't think the navi credit pertained to the X5 models, I plan to follow up with the Sales guy.
  • Hello,

    Does anyone know if BMW FS negotiate end of lease payoff or they basically ask for the residual value?
  • Hi isingh. Banks' residual values are basically set in stone. BMW FS' current buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35d with 12,000 miles per year are .00195 and 53%, respectively for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical lease of an '11 X5 Premium are .00195 and 48%.

    If you are a loyal customer, these trucks' money factors would be .00030 lower.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the information that you're looking for ex_sc400. BMW Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2012 X5 Sports Activity with 12,000 miles per year are .00195 and 57%...just as you were quoted.

    The residual value for a lease with only 10,000 miles per year would be 1% higher.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi gregga. BMW Financial Services' current 36-month buy rate lease money factor for the 2012 X5 is .00195.

    This truck's residual values vary by trim level. Its 36-mo., 15k resids are 52% for the 35i Base, 56% for the Premium, and 55% for the Sports Activity.

    The X5's money factors are .00030 lower for loyal customers.

    BMW is currently providing a $1,730 cash incentive on '12 X5 models with navigation and $1,000 on models without it.

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