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Seems like the interest rate is high, and the discount could be better. Anyone have any experience with a similar vehicle? Any thoughts or experiences are appreciated!
Residual was 59% and they tried to give me the banana in the tail pipe and hike the money factor to .0019. I told them no way and ended up with the .0015 money factor.
The one regret that I had is letting them stick me for the security deposit, oh well, it is refundable in 3 yrs..
Also - I see you also chose to lease rather than buy, even though they are currently offering 0.9% financing. How did you come to your decision to lease?
The finance guy first said he would "meet me in the middle" and split the difference. I honestly was offended they attempted to jack up this rate and told them with absolute certainty that I would walk if they didnt go with the standard .0015. Had I purchased the car at or below invoice I would understand them trying to mark up the finance fee's, but as I said to the finance manager, they were making 4/5K over invoice on this deal.
Needless to say he wasnt happy, but it didnt take much for him to agree. I chose to lease because I dont like to keep cars past 3 years and the lease terms they are offering currently are VERY attractive.
Can someone please post the BMWFS numbers for December for a 2009 X5 3.0 36/10K lease? I know its a 60% residual, but that's all I"m sure of.
There's a pre-owned 2007 X5, Alpine white, 6K miles, they're asking $38,900, when it seems all the other vehicles like that are in the mid $40K at least. What is wrong with this picture? The car is like new.
I hear gas mileage isn't so hot though. For one person with no kids, that's a little big isn't it? I'm also looking 5 series CPO also. I know, no comparison, but just wondering what your thoughts are. Thanks.
Gardis in CT
gardis72@gmail.com
Options -
Premium Pkg
Technology Pkg
Comfort Access
3rd Row
Rear Climate Pkg
USB-Ipod Access
MSRP - 58225
Price Paid - 54375 excluding Taxes, Title, License Plates
0.9 APR for 60 months
Location - Dallas, TX
Do you have the updated money factor ad residuals for all 3 at 12 & 15K since the rates supposedly changed in 2009.
X5 3.0
x5 3.5d
x5 4.8
Very appreciated.
Kim
Price: $54,005
Term: 3 years
Residual: .55
Mi/yr: 15K
MF: .0022
Acq Fee: $925
Doc Fee: $75
Security Deposit: $850
Are the other fees negotiable too, they seem a little more than others have said too.
Thank you for any advice!
They are marking up your money factor the maximum, as well as marking up the acquisition fee ($200 extra..also the max).
If you have other lease questions, please post them here:
BMW X5 Lease Questions
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
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Edmunds Moderator
x5 3.0
MSRP about $55k, paying Invoice +$750 +$400 maco +$180 Training plus they want $500 for transpo from another dealer, is paying for transpo common?
Lease
36 month, 10k miles/yr, 58% residual, .0022 MF, $92 doc+other+tire fee, $0 acqusition fee, $700 Security dep, $7k cash at signing
The MACO and training are real fees that are on the invoice.
The MF is being marked up by the max 0.004, so that could be negotiated to the base 0.0018.
I would NOT put $7k cash down. If the car is stolen or totalled, that money is gone. I'd look into multiple security deposits. BMW allows up to 7 additional security deposits and each one decreases the MF (I believe by 0.0007 each, but double check with your dealer). That money is refundable -assuming there is no vehicle damage or repairs needed to the vehicle at lease turn in.
MSRP of car ordered: 70,720
Sale Price: 65300
3 remaining payments on current lease rolled into cap cost: 2418
Residual 59%
MF .00155
36 months
10k miles
8.625 tax rate
5000 drive off. Dealership makes 3 final payments(2418 total) on existing lease. $892 per month. Taxes are included in drive-off fees.
I got this deal:
2009 x5 4.8i
MSRP: 70,675.00
MF: .00155
Residual: 59%
10k miles
0 down
Drive off: $1,171.00 ( First payment + Registration doc fee )
Monthly including utah tax: $949.17
without tax: $888.32
Is this good?
Got a offer from dealer for a 09 X5 3.0 MSRP of 54525, they ask 51000, which is about $835 above Edmunds invoice price and $350 abover dealer's invoce. In addition, there is a $2500 manufactures cash rebate.
Anybody? Comments?
I got 52,200 off an MSRP of 57,620 (TMV = 56,310, Edmund's Invoice = 52,980), however, I did not receive any cash rebate, and I didn't see any listed anywhere as an incentive from BMW.
Looking to get an X5 very soon. Are there any rebates going on now??? Looks like anywhere near invoice price right now is good.
Basam
Do you think the 2010's will have the 3.5 twin turbo?
Dealer is asking $28000 for a 05 X5 4.4 with 40000 miles sport package. Is it a right price or how much should I negotiate for.
Thanks
It's your money if you wanted a new x5, then it would've been a different story,but an old unreliable bmw rather than a brand new lexus, your choice.
only a big discount like $11k under list for a brand new lexus rx could sway me and i tried to get that price and forego the X5, but couldn't. so back to square 1 looking for a used X5. the X5 is on the top of my list, but i just refuse to spend upwards of $50k for a vehicle or upwards of $30k for used(but for an X5 it could depend).
I've driven bmws best suv, which is the bmw X6, and I know how well it handles,but when your best friend works at a bmw dealer,and advises you not to buy it, that does put a doubt in your mind, doesn't it?
Well, the RX2009 has big discounts, up to $9k from what I've heard, around $32k for a new 2009 rx.
Premium package
Technology package
Cold weather package
Rear climate package
Satellite radio
iPod/USB
Smartphone integration
MSRP is 57,020. Dealer has offered $52,010. Dealer also said the 2.9% specified on the BMW website for X5's is the best he can do - he has no discretion. TMV on Edmunds seems to suggest this is an ok deal. Anyone have any thoughts? Is the statement about the financing rate correct even though the bulk of their models can be purchased at .9%?
Good Luck
http://www.bmwusa.com/Standard/Content/FinancialServices/FinancingOffer/2009X5xD- rive48iAPR.aspx
I'm looking to buy a 2009 x5 3.0i with premium package, cold weather, technology, rear climate control, 3rd row seats, running boards, (if the car comes with it then the ipod and usb adapter with smart phone integration). MSRP is
$58,825. Can any one tell me what a good price would be for this car? i've gotten quotes for about 52,500.
Any help would be greatly appreciated or even other deals that people have gotten in the last month or so would be great. Is there a good dealer in the tristate area that will give you the best deal?
Thanks all!
The best I've found on an MSRP of $59,070 is $54,150 ($55,900 minus the $1750).
that 52,500 i believe includes the $1750 discount. Another dealer told me that there is no $1750 discount on the x5 (its only for a lease). but i don't think thats true. Which dealer did you get your deal from? Mine is from bmw of teanfly.
no one gives you a normal answer. Can anyone shed any light on this?
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Ordering a car to your particular specs can be a bit tricky. All manufacturer's are different, but many times, all the dealer can do is submit your build order request, and then it needs to get approved by the manufacturer. Plus, you'll also most-likely be required to lay out a deposit; not a big deal as they are usually refundable, but dealer's like them as "good faith" to show you're serious. Also,they want to make darn sure you really want the car, because a botched order usually takes away from their allocation. Sorry, this is all mumbo-jumbo, but to answer your question. Expect to get the incentives that are available at the time you sign and take delivery of your vehicle.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
What do you drive?
My car is a 2001 Honda Prelude Type SH. I also have a 1990 E30 325iA.
My wife drives an '07 X3 3.0si, My Mom drives an '08 328xi, & My Dad drives an '07 X5 3.0si. We leased all the cars from Wide World BMW in Rockland County. There is a service advisor there named Steve who is also top notch.
The modern BMWs rarely have to go in the shop. I think my wife's has been in maybe 3 times in a year and a half.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Premium package, Technology package, Rear Climate control package, cold weather package, 3rd row seats, running boards, USB / ipod adaptor - MSRP: $58,675
I paid $53160 for the car. So i got $5515 off the msrp. Thats the best deal I could get. We actually ended up getting two. One for my wife and my uncle picked up one in vermillion red (its not on the website but you can now get the x5 3.0 in vermillion red).
Hope this helps.
Thats also not acceptable to me, I prefer cars that are extremely reliable, and I think I can only trust lexus on that.
Which bmws did you own? Reliability problems?
What car do you drive now?
I am currently looking for a new car, I'd like the x6, but the issues I've read are horrible, thinking about the RX but not to fond on the looks of it.