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2013 and earlier BMW X5 Lease Questions



  • 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.

    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)

  • 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.

  • 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.

  • 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?
  • ashedmashedm Posts: 3
    edited November 2011
    This is not a Capital Cost Reduction (CCR) based lease deal.
    This is a 7 MSDs kind of a deal.

    The total due at signing came out to $7830.32, including $5600 in MSDs and $2230.32 towards acquisition fee, first months payment and registration costs.

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

    I am not convinced at all with this. With MSD deal, should I have to pay up front ?

    Any advise would be great?
  • wtikwtik Posts: 26
    you are paying too much.
    Call BMW of Cape Code. They worked a better deal in the past.
  • Wtik,
    Is there a specific advise on which factor I should focus on?
  • Hello Ashish. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 X5 50i with 12,000 miles per year are .00195 and 61%, respectively for consumers who qualify for its top credit tier.

    The money factors for loyal customers would be lower than this.

    The money factor that you were quoted is way out of whack. Either don't qualify for BMW's top credit tiers, or more likely the dealer is attempting to mark BMW FS' base rate up on you to add additional hidden profit to your deal.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited December 2011
    What you heard is correct, loyal customers are eligible for either a $1,000 credit or the .00030 money factor reduction, but they can't get both. Even better, if you are in a BMW FS lease that is scheduled to expire between now and the end of February, you're eligible for another .00075 money factor reduction on top of this.

    $1,000 over invoice is a decent price...if the dealer is subtracting the $1,000 BMW FS credit from that lowering the price to invoice, but not enough to justify the dealer marking up the money factor. Unless you are in an area that doesn't have much in the way of competition you shouldn't let the dealer get away with the mark up. I certainly wouldn't.

    One other thing, $6,000 to $8,000 is way too much money to pay at lease signing. I always advise consumers to pay as little as possible at signing on leases. I do so because consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.

    I hope this helps. Let us know if you have any other questions.

    Prices Paid: Buying & Leasing Experiences Forum
  • Hello Carman

    Thanks for the great advise you have been giving to BMW leasers like us.

    I have a question re: tires for X5 lease
    do i have to put new tires before returning the car back? I mean could they chrge me for a set of new tires when i return?

    Thank you
  • Hi Car Man,

    Can you please give me the December MF and residual, and any incentives for an X5 35i. I am a current BMW lease holder and will qualify for top tier credit. Thanks,
  • Sorry,

    I forgot to give you all the info.

    36 month lease
    12k per year
  • ashkoashko Posts: 2
    Car man

    Can you explain the promotional lease? The offer is 589 per month with 4300 due at signing.
    They also offe the 1000 credit and 1730 option credit. Is it built into the deal? The promotional is on an msrp of 50250 and the car I am looking at is 46.5 selling price.

  • Hi

    I hope someone can help. We are new to leasing in the US. Trying to work out whether this is a good deal or what we should be looking out for? What deals other are getting with similar config.
    All advise greatly appreciated. BTW we are in LA.

    We are looking at

    2012 BMW X5 Diesel
    Ext: Alpine white
    Int: Black Nevada lether
    Dart Bamboo trim
    Sport Activity Package
    Premium Package
    Running boards
    BMW Apps
    Space-saver spare
    Total as built: $64,775
    Selling Price : $58,915

    36 months
    10,000 miles per/year
    Money factor 1.95 (what is the APR?)
    Residual Factor 54%
    Residual value $34,978.50
    Total depreciation $18,708.74
    Capital reduction $5,227.76 (what is this?)
    Monthly Depreciation $516.69
    Monthly rent $172.90
    Month payment $692.59 + 8.75 tax = $753.19

    Drive off $8,000 less rebate $1,000
    Total due at signing $7,000

    Thank you in advance !
This discussion has been closed.