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BMW X5

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Comments

  • mdx4funmdx4fun Posts: 11
    I had mine installed at the dealer for $800 even. The cd-changer will be located just below the navigation unit (the one that located in the truck) and is by Alpine.
  • arom1arom1 Posts: 13
    $925 installed. Oh well, looks like they had to make a little extra $$$ somewhere..

    1 week with the x5 and lovin life. Its far and away the best SUV,SAV whatever you want to call it - I have ever driven, and I have driven almost all of the SUV's out there...the 4.4 V8 is simply amazing, and gets fairly decent mileage during highway driving...city driving? Yikes...thats another story!
  • x5savx5sav Posts: 44
    Congratulation. I just browse through all 300+ messages on this forum. I had just pick up my X5 3.0i two weeks ago. Sales trying to charge me $1195 for cd-changer. After much haggling I lower it down to $800 even. Same as mdx4fun.

    As long as you enjoy your car, it is worth every penny you put it in.
  • x5savx5sav Posts: 44
    Did anyone had Dinan modifiaction on their X5?

    Arom1-Which dealer did you brought it from?
  • wjc23wjc23 Posts: 11
    I'm interested in a 2001 4.4 X5. I called a dealer in Atlanta and told him I knew about the dealer cash, and he asked me how I knew about the $4,000 dealer cash. This surprised me b/c I thought the dealer cash was only $2,500 per edmunds.

    Can anyone verify that $4,000 is the correct amount?
  • tom00tom00 Posts: 11
    I'm trying to lease a SUV and have narrowed down to these 2. Very different vehicles. was quoted a lease on a '01 470 at a very good price, but it is in FL. I own a 528 and my wife likes the size better of the X5. we know it is short on cargo room. we have 2 boys, 8 & 5. the Lexus does offer 3rd seat, but we have a Volvo XC with a 3rd seat that has been used maybe 6 time in 2+ years. how do most of you handle vacations with the limited space. also, i don't think it is worth the difference in going to a 4.4 unless i can get an execellent price on a 2001. any feedback would be appricated.
  • can anyone describe the differneces between X5 4.4 and ML500.
    I have not yet driven ML500 but plan too and want to know what to expect.
    when I drove x5 4.4, it was powerful, nice ride/handling and roomy inside for passengers.
    Thanks,
    Guy
  • arom1arom1 Posts: 13
    hehe..its $2500 dealer cash...of course it can also be $4000 dealer cash if you pay MSRP. Its all how you look at it.

    my advice? dont play their game. Realize they need to make a buck..about $2500-$3000 actually. Tell your dealer you want invoice + the buy rate on the lease (.00195 which is like 4.3%). OR ANY OTHER DEAL where the monthly lease payment comes out the same. That way they make their money ($2500 dealer cash) and you get a good deal on a great car.
  • x5savx5sav Posts: 44
    Yes. Agreed with arom1. And tell your dealer you want the lease from BMW Financial not other 3rd party bank. You can go the BMW website and applied for pre-approval then you bring it the approval to the dealer. It will make your process faster.
  • wjc23wjc23 Posts: 11
    Arom and X5SAV,

    Thanks for your help. I had considered purchasing but am also looking at leasing.

    What would a fair lease price be on a 4.4 w/$3,000 down for 36 months at 12,000 miles per year?

    I've seen $599/mo. and $3,000 down advertised once I believe. Does the dealer get the $2500 if he leases to me for 3 years?
  • x5savx5sav Posts: 44
    It really depends on what kind of equipment is in your 4.4. If you can tell me, it will be easier.

    Sure, the $2500 dealer cash is also available for lease. You can applied this toward the down payment to lower the cap cost. Just make sure your dealer knows it.

    Good Luck.
  • arom1arom1 Posts: 13
    is a simple calculation...
    cap cost - residual = $monthly dep cost
    cap cost + resid = monthly rent charge

    Of course, until you pick your car which its respective MSRP we cannot determine a price, since the MSRP will lead to cap cost and residual #'s and that determines a payment...
  • wjc23wjc23 Posts: 11
    on the model I'm looking at.
  • arom1arom1 Posts: 13
    so msrp 52500, the invoice should be about $5K less, so about $47500.

    so, cap cost= 47500+725(acqfee)=$48225
    residual of 61% (12K miles per year) of MSRP = $32025.

    depreciation charge = 48225-32025=16200/36=450
    rent fee = 48225+32025*.00195(money factor)=$156

    total monthly fee = $606
    Thats a no money down lease..only drive off costs.
    YOu need to add sales tax to the $606 of course.
    This deal allows the dealer to keep the $2500 dealer cash - not a bad margin on a 2001 car at the end of the year. I think you should be able to get this deal, or very close to it, without too much problem.
  • arom1arom1 Posts: 13
    so you said your advertised deal was $3K down and $599 a month. I would just make sure that the $3K down includes EVERYTHING, like first month and security, etc.. and that you get 12K per year on the miles. If thats the case, then $599 is a decent deal. You might be able to get it for a like 10-15 less a month, but thats about it..

    drive off on this car is about $2K in california where we still have hefty (though far reduced, thank god) DMV fees of about $370 for this car.
  • jjr10jjr10 Posts: 2
    I am considering leasing a 2002 or 2001 x5 3.0 with premium package, sports package and auto trans. as the major options. 3 year 12k or 15k lease.

    Can anyone share what type of lease deals they have gotten for this vehicle?
  • x5savx5sav Posts: 44
    The 2001 is having the best deal. For the 3 years/36k miles lease, BMW Financial is giving the X5 3.0 with a money factor of .0022 and 61% residual value.
  • joyrphjoyrph Posts: 2
    I HAVE 1 PAYMENT LEFT ON MY ACURA LEASE AND WANT TO LEASE AN X5. BECAUSE OF LOW MILEAGE,ETC THE CAR IS VALUED 2-3000 ABOVE RESIDUAL VALUE. CAN A DEALER PURCHASE THE CAR FROM THE LESSOR AND USE THE DIFFERENCE AS A DOWN PAYMENT OR CAN ONLY THE LESSEE(ME) PURCHASE THE CAR? THE BANK I CHECKED WITH WAS NOT IN THE KNOW. BY THE TIME I BUY IT, AND PAY SALES TAX AND PAPERWORK FEES, I WOULD LOSE MOST OF THE GAIN. THIS SITE GREATLY HELPED ME DECIDE ON AN X5 OVER THE MDX (NOT TO MENTION THE 5 MONTH WAIT AND NO CAR TO TEST DRIVE.)THANKS FOR ANY INFO
  • Last night the wife and I picked up our new 2002 4.4 X5. What a fabulous machine. Our first BMW.

    It has everything except the navigation system; including the sport package and 19" wheels. The ride and handling are great. We also have a '98 Vette and '00 Silverado 4x4 with 18" wheels, etc. so a firm ride is the norm for us.

    The color is Green Gray Metallic and we love it.
  • spfoteyspfotey Posts: 131
    glad u like your new vehicle.. what comparisons did you do??

    thx.
  • tidestertidester Posts: 10,109
    Congrats, Brian!

    I am jealous!

    tidester
    Host
    SUVs
  • Thanks for the congrats. Compared the X5 to the MB430 but we just did not like the looks of the MB.

    Believe it or not, we considered the Trailblazer because my wife, the primary driver, really liked the size and looks. We are loyal Chevy people but really wanted something special and were willing to part with some $$$. If the Trailblazer had a V8 and AWD it would be top notch; although that I6 is impressive.

    But the X5 4.4i is amazing in every way. And the customer service at Henderson BMW is first class. We thought about ordering the 4.6i but glad we didn't spend the extra $10k.

    Happy to be a part of your group.
  • woodywwwoodyww Posts: 1,797
    Here are some questions about leasing, or buying an X5 if anyone could help me out: I've never leased before; was always one of those "pay cash for a 2 y.o. car & keep it for 10 years" kind of people. But I paid cash for my used '98 Range Rover (I know, I know) & have lost my shirt in depreciation in less than a year.

    What does anyone think about leasing vs. buying an X5? I tend to put on REALLY low miles, around 6,000 per year. And my commitment to keeping cars for many years seems to be slipping. Also, can I trade in the RR & save sales tax if I lease?

    Also, it seems like it's probably not worth it to buy a used X5 over new, that I wouldn't save that much, anyone agree/disagree? And any advice on ordering an '02 vs. buying or leasing an '01? I'm wondering if they might have worked out more of the "bugs" on the '02's....... Finally, are there any 3.0 fans here? I've only driven the 3.0 so far, & loved it, altho I'm sure the 4.4 is awesome.

    I know these are a lot of questions, but any advice would be appreciated. BTW, my "other car" is an '88 M6.

    Thanks!
  • We leased our '02 X5 because it is our first BMW and wanted to try it out for 3 years. It is awesome of course. The lease residual factor is very high so the lease payments are not so bad.

    In my humble opinion, which means nothing because everyone is different, if you drive a lot of miles you should buy the vehicle. If you really want to keep the vehicle long term, then you should buy. If you want a good tax write off, want a new vehicle every 3 years, and keep it under 12,000 miles per year then lease IF the lease deal is good.
  • spfoteyspfotey Posts: 131
    Brian,

    you mentioned leasing IF the lease deal is good. Can u qualify that?? Like the previous caller, I have always bought the car ((new ones)) and typically held for around 5 years. HOwever, with all of the tech changes to vehicles i am thinking of holding my next one for around 3 years. ((actually, if bmw or toyota made a vehicle that held 7 seats, like mdx or ml i would probably hold longer.)) anyway, what qualifies as a good lease or bad lease??

    thx.
  • woodywwwoodyww Posts: 1,797
    Anyone have advice on Boston area BMW dealers, particularly re: their service Departments? I haven't really been overly impressed with any of the ones I've visited, altho that was usually for sales. I've heard good things about Peabody.....bad things about Herb Chambers.....had one decidedly mixed experience myself at Foreign Motors West with my current BMW.

    However, last time I checked, Herb Chambers was the only one willing to discount a new X5.

    Thanks!
  • tgif888tgif888 Posts: 351
    It is good to lease if there is a lease support from the manufacture. Last month BMW had provide lease support on all the 01 X5 model. The money factor is so low (.0022 on 3.0i, and .0019 on 4.4i) and with a 61% residual on a 3 year lease. This is one heck of a deal. You can go to Edmund's Lease Question and ask the host Car_man what is the current lease deal for the X5.
  • If you are uncertain, it seems feasible to lease and depending upon your circumstances at the end of lease, you can then elect to buy or turn it back in.
  • My lease residual on the '02 4.4i is 72%; which I thought was great.

    I always compare buying to leasing by adding up the amount of the checks I have to cut to buy the vehicle after 3 years; if a 3 years lease. I figure a 3 year loan of payments at 8% vs. lease payments plus the residual. Just my own hokey method.

    By comparison, the Cadillac Escalade (a fine SUV) has a residual ratio of 51% after 3 years. That makes for some high lease payments if you have no intention of buying it at the end of term.
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