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2013 and earlier BMW X5 Lease Questions
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it would be great if you can provide some help in getting a better deal....
my only reservation now is leg room on their 3rd row...i have two kids (3 yrs old & 4 months), so i need a third row...3 yrs old and 4 months...any input on leg room on their 3rd row is also much appreciated...
If you need more help, please feel free to email me or reply.
You are right, and so now I am looking into the 328xi.
Includes: Premium Pkg, Premium Sound, Tech Pkg., Cold Weather, Rear Climate, Heated rear seats, sunshades, 3rd row, iPod adapter
MSRP 66,125
Cap Cost (with dealer cap cost reduction) 58,644
Residual 58%
Rate .00230
36 mos. 45k miles
$857.55 including PA tax + lease tax (total 9%)
$900 security, no cap reduction of my own
Thank you for your advice.
I am looking to lease a new 2008 X5. I'm considering the 3.0 and the 4.8. Does anyone know the buy rate on the MF for both models as well as the residual percentage from BMW? This is for Hawaii.
To get int rate multiiply MF by 2400. Note these were the rates for Jan but most likely have continued for Feb.
2008 BMW X5 3.0si 4WD SUV
24 Month – Residual 68% of MSRP – .00270 Base Rate
36 Month – Residual 58% of MSRP – .00270 Base
I'm waiting to see whether i'll get better money factor because of fed interest cut...
any thought guys ??
MSRP: $73,320.00
Sale price (Cap Cost): $68,006.33
Car will be built in two weeks and be here in mid March (I custom ordered it)
36months/15k per year: $1101 + tax per month
total out of pocket fees: $2000 (see below for breakdown)
Security fee is waived since I am a current BMW financial customer
I insisted on doing the deal at $500 over invoice, but I have noticed some miscellaneous fees which make up the $2000. These are title fees $201, processing fee $295, Acq Fee $685, MACO fee $200, Training fee $180, and $439 is put towards down payment.
Do you guys think this is a good deal?
thanks
RezF
2008 BMW X5 3.0si 4WD SUV
24 Month – Residual 68% of MSRP – .00255 Base Rate
36 Month – Residual 58% of MSRP – .00255 Base Rate
48 Month – Residual 43% of MSRP – .00275 Base Rate
60 Month – Residual 36% of MSRP – .00275 Base Rate
2008 BMW X5 4.8i 4WD SUV
24 Month – Residual 68% of MSRP – .00255 Base Rate
36 Month – Residual 58% of MSRP – .00255 Base Rate
48 Month – Residual 39% of MSRP – .00275 Base Rate
60 Month – Residual 32% of MSRP – .00275 Base Rate
If anyone needs any help, please feel free to email me or reply.
I answered the dealership question in the other post (Shelly BMW), but as far as OLP goes, I think the rate was only good in December. I kind of speculated that the December OLP would get canceled come the new year, so back then I locked in the rate for 90 days (typical lock in time frame for an OLP rate) and placed my order. Consequently, I had to take delivery of the new X5 before April, even though my lease ends April 15. Small price to pay because the OLP discount drops my monthly payment by around $80.
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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BMW's lease program for the 2008 X5 is definitely better today than it was back in February. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of an '08 X5 3.0 with 12,000 miles per year are .00255 and 58%, respectively for returning BMW FS lessees or new customers who pay a security deposit at lease signing. Make sure that the dealer that you are working with uses this new money factor to calculate your monthly payment.
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Thanks for that great info of $2500 for ground units...I'm looking for 2008 X5 3.0...and asked a dealer to give money factor .00255....below is his response....
"the only way you would get the 00255 money fact is if you're currently in a BMW LEASE or Financial Contract or with 15% at signing.If not within those guideline's Money Factor .00310"
Is that true.....
Thanks in Advance.
Got a quick question..
36 Month – Residual 58% of MSRP – .00255 Base Rate
Is this for New customers also....The dealer is saying this is only for current BMW customer....Is that true. ???
Thanks In Advance
I got My X5 3.0 Yesterday.
Lease 36 month 15 K
Color Ext : Silver
Interior : Black
Premium Pkg
Tech Pkg
Rear Climate Pkg
3rd Row
Satellite Radio
Money factor .00295
I got $1500 over Invoice And also I got $2500 BMW Incentive.
What dealer told me is to get $2500 BMW Incentive the car should be delivered to dealership before Feb 15th.
This forum was great ....i got lot of info I needed for this purchase ..Thank you guys
Final price = $Invoice price + $1500 - $2500 + Tax
Any info on money factor and residual value for March 2008 for 2008 X5 3.0?
This is my first experience at the "end of lease" scenario. I know what option I want and that is to get a new 2008 X5 3.0. I am about to schedule the inspection at my bmw center. Should I apply now for financing a new lease with BMW FS which is my current leasing company? Will I get a break for being a returning customer?
Residuals have not changed, but money factor for March is 0.00210.
There are advantages to applying for a new lease with BMWFS, because as a returning customer they waive the Disposition fee on your current vehicle and also waive the security deposit on your next BMW.
There are owner loyalty programs on select BMWs (not X5, but 3 series and 5 series and 7 series) so you would also get a break there
manny...I ordered my X5 last month with the factor of .00255. I told the salesman that if they had a pull ahead program and/or any other incentive/rebate/factor that was better then I wanted it (they were buying my lease out 3 mos. early). They agreed. Picking up the car today.
You can put an application for the lease. This will lock you the rate and is good for 30 days, maybe even 60 days so check with dealer. If by April, the rates are lowered, the dealer should honor you the newer rate if it is lower.
I got mine FULLY loaded with every option possible, except 3rd row seats and rear entertainment. The only option that I feel you should NOT overlook is Active Steering. I never would have considered Active Steering, had it not been on my car already as I had the impression it made the drive feel artificial. FAR FROM IT! It is a must for this veicle. A breeze to navigate in tight spots and parking lots and at highway speeds, it becomes linear like a conventional steering feel.
I am returning my leased 2005 x3 at the end of this month. I am looking at a 2008 x5: dk green, tobacco interior, cold weather package, ipod adapter, rear entertainment system, mats, msrp 51125, invoice price 47500, quoted sale price 48994, acq fee 625, mf .00210, zero down- I was told for all fees and 1st mo I would have to pay 1745.25, monthly payments $710 for 12k, 36 months.The residual is 60%
Also, as an aside, I think I might buy this car at the end of the lease. Does this make sense to do?
Is that a good deal?
We live in Mass.
Thanks!
Car_man
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I am kind of new to leasing and this forum has been great. I have a x5 lease that expires on 5-31 and I am now looking at leasing a 2008 x5 . I saw in the paper an advertised special 24 mos. 10k $3800 down and payment of $468month. I assume it is for the base model (which I don't mind). Is this sound like a good deal ? Or a good point to start from in regards to negotiating? Before I go meet with the sales dept. I would like to have an idea of what to expect
Thank you for your help and beaing with me on what some may think is a simple question.... I just hate the car buying process
I'm also looking to lease an X5 3.0 monaco blue with sports package. Anyone out there know or may anticipate the residual and money factor for April, 2008?
X5 3.0- msrp 61,075
36month/12k, $0 down, taxes in payment(nassau county, NY)= $899
X5 4.8i- msrp 68,675
36month/12k, $0 down, taxes in payment(nassau county, ny)= $1,023
-Any thoughts? thanx!