Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
2013 and earlier BMW X5 Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Could you let me know the June buy rate lease money factor and residual value for a 36 month lease of a 2009 X5 3.0? Thanks.
Thanks
X5 30i,
Premium, Tech, Cold Weather, Rear Climate,running boards, Sport
$60,275 MSRP
$57,000 Selling Price
$1,750 customer additional cap reduction
36 months, 15k mileage allowance
Residual 55%
Money Factor .00180
due at signing - First Month payment, $749 security, and $725 Bank fee and docs/plates
Monthly payment $845 which includes NY tax.
Thoughts? Seems high to me.
Please help!!!!!!
X5 30i,
Options: Heated front seats, USB/iPod adapter, BMW Assist, Rear Climate,running boards
Color: Blue with Beige interior
MSRP: $51,175
Selling Price: $48,000
Cost Cap Red.: $1,750
36 months, 10k mileage/year
Residual value: 58%
Money Factor: .00180
Due at signing: First Month payment, $749 security, and $725 Bank fee, docs and plates
Monthly payment: $656 (NY tax is included)
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Enjoy your new ride :shades: !
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Could you please tell me the MF and residual for June 2009 for X5 3.0 for 36/ 12K?
And is this listed somewhere? Just so the dealer doesnt try to pull a fast one on me.
Thanks
It would actually lower my monthly payment from $847 to $807. What's your thoughts....anyone?
Cheers!
Premium
Tech
Cold Weather
Rear Climate
Third Row
Remote Access
MSRP 62,875
Selling Price 57,985 =invoice
36 month lease, 12K/year,
$850/month, security deposit waived, nothing down.
I am in St Louis, MO. Any thoughts?
Someone pls help me with june MF's and residuals for X5-3.0 for 10k and 12k.
need urgently. going to c the dealer tomorrow. Also, the 1750 cash offer- is that really for ALL or only for returning customers?
thanks
RV: 57% - 12K, 58%-10K
The deal I got:
$671/month+tax
MSRP $ 56375
36M 12K
Paid upfront: drive off, acquistion fee and security deposite.
is the MF same for all or i could get a different no. whn i go to the dealer?
Anyone knows if BMWFS is actually that strict on their return lease?
I think you answered your own question..
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
09 X5 xDrive 30i
MSRP $55,625
SP $52,704
Total out of Pocket $4,452 this includes (Tax, 1st Month Payment, Security Deposit of 1 Months Payment, Title)
Rebate $1,750 (Cap Cost Reduction)
MF – 0.180
Residual 58%
The price is basically Edmunds TMV and includes the following:
- Cold Weather Package $1,250
- Technology Package $2,600 [this includes Navigation and Park distance control (back up camera)]
- Running Boards $300
- Rear Seat Entertainment $1,700
- Nappa Leather Upholstery $1,450
Can you please tell me if:
1. This is a good lease?
2. Is the Selling Price okay?
3. Is the MF correct?
4. Can I get a better deal?
I know Car_Man advises against money down but I want to keep my payment decent. I am also considering the Acura MDX with Tech and entertainment package (my wife actually prefers this car, go figure) and I made an offer of $40,800. Waiting to hear from Acura Dealer
Decisions, decisions! :confuse:
Help!
x5 black with prem, cold, tech and rear entertainment.
MSRP-57275.
FINAL PRICE 53450
36 MONTHS 12K
-1750 CAP COST RED
DOWN PAYMENT- (TAX, SECURITY OF $700 AND FIRST PAYMENT)= 4822
MF- 0.0180 IF PAY 700 DOWN AND 0.0195 IF I DO NOT PAY IT UPFRONT
LEASE 681.00 WITH FIRST MF AND 693 WITH SECOND MF
ANY COMMENTS?
ALSO IS THE SECURITY DEPOSIT REFUNDED AT THE END OF THE LEASE??
SHOULD I PAY OR JUST INCLUDE IN MY LEASE?
ALSO, THE TAXES - SHOULD I PAY UPFRONT OR SHOLD I PAY IN MY LEASE COST??
THANKS
X5 3.0 -
MSRP = $55,625
SP = $51,350 which includes:
- Rear entertainment
- Running Boards
- Nevada Leather
- Cold Weather Package
- Technology Package
- MACO
- Destination and Handling
12 K Miles
Monthly payment $643
Total Due at signing $4297 which includes:
- $650 Security Deposit (yes this is refundable upon completion of lease)
- $725 Bank Fee
- $1997 Taxes
- $213 Tax on rebate $1750 Rebate (yes Uncle Sam taxes this too)
- $643 first month payment of
- $67 state charges
My Taxes are up front and I'm not sure you have a choice but to pay the security deposit up front
I am still think about color. I think this is a good deal and I am about to sign, thoughts?
Thanks.
someone pls help me also.
the sales tax on the vehicle once paid upfront- do i have to pay any other tax on top of the monthly lease payment???
my sales tax on x5 is 3207- which i will upfront. will i have to pay any tax on my monthly payments also?
also if someone can help me calc my lease- i m getting confused.
MSRP- 57125
final price- 53450
taxes- 3207
MF-0.00195(no deposit) and 0.00180($700 deposit)
res- 57 percent.
pls help- dealer told me 681 with MF 0.00180. 4882 down which includes sales tax, first payment and 700.00 security, title and registration, dealer fees etc.
is the lease payment correct??
thanks
In maryland, do u pay taxes on the total SP of the vehicle u r leasing or only on the value of the vehicle u will be using i.e. SP minus residual value.
thanks
I am trying to lease 09 BMW X5 30i, had couple of things would like to find out.
Options I am looking are:
Cold Weather Pkg, Rear Climate Pkg, Tech Pkg, Prem Pkg, iPod USB Connector, 3rd Row Seat and Trailer Hitch. Total MSRP is coming out to be $59270 with dest charge included. I am asking dealer for 48k and the best he is willing to do is around 53k including june 09 lease incentive. Am I asking too much? Besides tax, tags and title what will be the acquisition fee? I am a Virginia Resident trying to make a deal in MD as MD has a state wide that dealers cannot charge buyer a processing more than $99.00.
Anyone, please let me know if 48k is the right amount I am negotiating or shall I increase my offer a little bit.
Thanks alot!
Lease is for 10,000 miles per year with $3500 cap reduction plus applicable tax, tags, 1st payment, security deposit & acquisition fee. Lease calculaltion already includes $1750 Loyalty/Conquest Cash Incentive.
$5,000 down
$539/month
Thanks
chinomonkey
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
If you have extra money laying around and you want a lower monthly payment, multiple security deposits are a better way to go about getting it than making a capitalized cost reduction. Unlike down payments, assuming that your truck is in good shape and under its mileage allowance you will actually get your extra deposits back at lease-end.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Now let's take a look at the other important factor, the selling price. The BMW X5 that you are interested in has a spread of around $4,400 between its full MSRP and its dealer invoice price. You were quoted a dealer discount of $2,921. That's probably around $1,500 over dealer invoice. That's not terrible, but if I was in the market for this truck I personally would try to shave another $500 to $1,000 off of this vehicle's selling price.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Maryland Department of Motor Vehicles
or
Comptroller of Maryland
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
One thing that I notice about this deal right off the bat is the large $5,000 down payment that you are considering making. I always advise consumers not to make large down payments on leased vehicles. Lessees who make big down payments risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Had one more q?
i finally got a deal on made to order X5.
one thing where the dealer took me is sec deposit. he told me i have to pay that irrespective- i pay it down or rol it in my payments(MF 0.00195). In the latter case, i will not get it back- is that true??
if i pay it upfront to cut my MF to 0.00180 i will get it back, but if i roll it into the lease, then it wont be refunded plus the MF is 0.00195
So, in effect, the dealer is correct.. If you don't make the deposit upfront, there is no deposit to be refunded, and you have to pay the higher money factor.
If you do the math, you'll find it is a much better deal to make the deposit and get the lower money factor.
Returning BMWFS customers have their deposits waived, with no additions to the money factor.
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
A few questions, thanks.
Can you give a ballpark figure of what the spread between dealer invoice and a base BMW x5 3.0 (MSRP 47,500) is (I'm not sure what options we are interested in yet, but a good start would be just to know how much to negotiate off the base model).
We have some time and dont need to get into a new car until November. Any idea as far as when the best time of year to lease this truck is? I guess along these lines would also be how long the $1750 conquest cash will be offered?
Do you have the July figures for MF and Residual on a 36 month 12K lease.
Thank you.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
It is difficult to say how long BMW will continue to offer the $1,750 lease cash on the '09 X5. This cash has already been around for several months, so it would surprise me if it disappeared after its current scheduled expiration date of August 31st, but it is difficult to say what manufacturers will do with their future incentives.
BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 BMW X5 3.0 with 12,000 miles per year are .00180 and 57%, respectively.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Sgolshani1@gmail.com
And, ... ? :confuse: :confuse:
tidester, host
SUVs and Smart Shopper
im in Texas, I am dealing on an x5 30i
MSRP 58,370
SALE PRICE 57,370
CCR 0
APR 6.5%
RESIDUAL 55%
MILEAGE 15K
REBATE 1750
SECURITY DEP. 0
This was the dealers first offer. Im not very happy with it. What should residual and apr. be on that vehicle? This is not an instock vehicle. It would be transferred in from about 300 miles away.Should There be a charge for that.? Also im turning in a 3 series that is 6k under on mileage is there any credit there? Also dealer told me 6.5% apr is not negotiable on lease program is this true?
Sorry so many questions just trying to be prepared for next round!
Thanks in advance.
I am actually pretty surprised folks aren't talking about it, make me wonder... but your post is exactly what I heard from a salesperson (who might have spoken too soon)
Not sure if it is a cash rebate, dealer incentive or lease incentive.
Anyone????
A
1) Is money factor purely based on credit score?
2) What is max money factor?
3) Do you think which would give me lower payments 24 months or 36 months?
4) What would be your preference 24 or 36 mths?
5) Do you know when 2010 is coming out?
6) Do you think if I wait for 2010 to come out I can get 10k off of the MSRP (59k)?
Please let me know.
Thanks
The good news is that the 4500 is a straight reduction in the cost to the dealer- so it can be applied to a purchase, loan or lease.
I never lease, I purchase or use a line of credit, so creative financing is useless. Give me a lower cost!
A
PS "Find diesel"?!?! You must not own a diesel. For me an F2504x4 PSD and a diesel tractor, and finding diesel (think truck stops) is never a problem.... in hundreds of thousands of miles...
Dealers do not usually tack on an explicit charge for swapping for a vehicle, but don't expect to get the best possible deal on one that the dealer has to go out and get. Dealers would much rather sell you something that they have in stock.
Unfortunately, lessees do not get any credit for unused mileage.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Dealers are often allowed to mark vehicles' money factors up, and BMW dealers are notorious for doing so. Savvy customers who are in an area that has a decent level of competition can usually convince dealers to use the buy rate to calculate their monthly payment.
Typically 36 month leases provide much lower monthly payments than 24 month leases. This is because new vehicles experience their most rapid depreciation hit during the first year of ownership. Thirty-six month leases have an extra twelve payments to spread out this large initial depreciation hit out over.
I don't know exactly when the 2010 X5 is scheduled to arrive at dealers. When the 2010s do begin to arrive, I suspect that you will be able to negotiate a selling price that's fairly close to dealer invoice, perhaps a couple hundred dollars over, minus any available cash incentives on a leftover '09 model.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
So what is a good negotiated sales price on an x5 that has a Msrp of approx, 58K ?
first try:
Premium Pkg., Cold Weather Pkg., Rear Climate Pkg. & Ipod Adapter.36 Months, 12,000 miles. $0 down as cap cost. The payment is $729.99 including tax with $2799.00 due at inception this includes the First Month, Motor Vehicle Charges, The Bank Acquisition fee,.dealer conveyance & $799 Security Deposit.
what i can figure is MSRP is $57975 and Invoice is $53,350.
This initial quote is pretty awful i think. any comments?
ps. sales tax here is ~6%
Thanks