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2014 BMW X5 Lease Questions

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Comments

  • tomc20tomc20 Posts: 3
    2014 Packages
    A96 - Mineral White Metallic
    ZLL - Luxury Line
    ZCW - Cold Weather
    ZDA - Driver Assistant Pkg Incl Backup Camera and Heads Up Disp
    ZPP - Premium Pkg
    Total MSRP - 62925.00

    Lease - 12K Miles
    Total Cost of Lease Down + Monthly including Tax / Fees / License / 5K Lease end Damage Protection. $27,000.00.

    I put 6K down and got a $577/Month Payment

    2013 - X5 Lease offer I got but went with 2014
    Premium, Cold Weather, Convenience, Running Board, Harmon Premium Sound - 12 K Miles
    $659/Month Including Tax, Title, Reg - 0 Down. Just 1st month Payment

    Dealer was JMK BMW in Springfield NJ
    Talk to VP -- Great Sales guy.
  • MSRP $63,875
    final price $59960
    $3915 off MSRP.

    Acquisition fee $925 (I know $725 but didn't negotiate)
  • tomc20tomc20 Posts: 3
    If you have not bought the car and assuming it is 2013... You can do a lot better..

    You should expect to pay Invoice minus at least $2000. For the car MSRP you are buying Invoice will be approx $59340.00. BMW is doing the Build Out cash credit which should be taken off from Invoice -- so bringing that to 57340. If you already have a BMW then you get another 1000. So you should be negotiating down to $55k to $56k. There should be other things like Drive event. So, I have seen people quote even lower for 2013 models. Depends on which location and how much is the competition.
  • It is 2014 and I don't own BMW currently.
    Truecar says invoice is $59,360.
    Is $600 over invoice OK for 2014 model?

    Your insight is highly appreciated.
  • tomc20tomc20 Posts: 3
    It is a good deal, the best you have gotten or will get is another $300 more that too after haggling and you risk missing opportunity of somebody else buying the car. I leased 2014 2 days ago. MSRP $62925. Invoice. $ about 57990.00 and they priced it at 58295 about 300 above invoice. If you have not bought the car ask them to knock off another 300. If they will not , ask them to throw in some extra goodies such as all season mats (your car comes with regular mats) and nice BMW keychains for each of your keys - the BMW branded keychains are really nice and cost about $75 each.

    If you already bought it -- then don't worry about it -- you did good. couple of 100s here and there does not matter on such an expensive car. Especially 2014s are hard to have in stock -- given that it just got released. My dealer sold all the 2014 in one weekend. So just enjoy the car.
  • Hi can you let me know which dealer gave you this deal. I went to a dealer ship today and the dealer was only willing to give me 2200 off a car with a MSRP of 62695.

    Thank you.
  • I went to truecar.com to get the lowest quote. I figured $4000 off MSRP ($600 over invoice) is reasonable so took it to my local dealership and they price matched. My car will be here before year end. If you want it now may be difficult to negotiate because of low inventory since this car is new.
  • al838al838 Posts: 6
    HI Garylamusa,

    I tried to use mentioned website and see what's the price i can get but it didn't reflect the price you listed before. Can you let me know what's the dealer that you bought the car because I went to the dealer yesterday they asked me to show the written proven the price is real from other dealers.
    Can you help me on this?
  • I just got a call from the dealer saying that I can order the 2014 diesel. Are the residuals the same for the diesel? Does anyone have any data to share re: discounts/pricing? Thanks
  • No lease numbers out, yet...

    Moderator - Prices Paid, Lease Questions, SUVs

  • ab10000ab10000 Posts: 127
    Hi Car Man
    What are Nov lease rates and residuals for 2014 X5 3.5 AWD
    10k and 12K?
    thx
  • 2014 X5 3.5 AWD 36mo, 12K/yr lease
    .00125 MF and 60% residual. Add 1% for 10K/yr residual

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Hi Car Man,

    Can you please provide November lease rates and residuals for 2014 X5 5.0 10k?
    Also, do rates change with different trims?

    Thank you!
  • 2014 X5 5.0 36mo, 10K/yr lease
    .00125 MF and 61% residual

    Generally, numbers are different for different models (engine, AWD, etc..), but not for packages.. However, this month, all 2014 X5 models have the same lease numbers.

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • texcbtexcb Posts: 2
    Thanks for the information. Could you also please provide the MF and residuals for a 36mo, 15k/yr lease? Specifically looking for 2014 X5 3.0 xdrive.

    Thank you
  • There is no 3.0

    Do you want 5.0 or 3.5? Or, 3.5 Diesel?

    Moderator - Prices Paid, Lease Questions, SUVs

  • texcbtexcb Posts: 2
    I meant the xDrive 35i, which is the 3.5.

    Thanks
  • 2014 X5 xDrive 3.5 36mo, 15K/yr lease
    .00125 MF and 58% residual

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Hi,

    Hopefully you guys can help me make a decision. My 2011 X5 xDrive35i Premium with tech and winter package lease is up in March and I'm torn between keeping the car or selling/trading in for a new 2014 x5. A few months back, my residual was a few thousand below market price but now it seems about even.
    Anyone have a suggestion?

    Details:

    Lease up in March 2014 with residual value of $34,900.
    Dec 2012 Lease Payoff $38,900.

    Options I can think of:
    Keep the car--Lease end buyout for $34,900
    Buy the car and sell it to a private party
    Negotiate for a 2014 x5 using my lease end residual

    Thanks in advance!
  • When you factor in maintenance, warranty and all that jazz it is usually cheaper to get a new one. I was going to buy out my E92 328x drive but when I favored in 3k for a warranty to 100k and figured minimum 1k for maintenance (I had not yet replaced the brakes) it was cheaper to lease a new 5 series.
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