Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
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
2002 x5 3.0i sticker price 47,650 (1000 less agreed to)
36 month lease 900.00 down
payment 699.00 /month including taxes etc(659+40)
cold weather package/premium/rear climate
automatic,retractable load floor,premium sound
system
residual 31449
What's your understanding of how good the performance center experience is in SC if you pick up from the factory? Do you know? My dealer says I can either take the one I have purchased, it's currently being routed to Atlanta from SC but is delayed b/c of the weather, or I can order one and pick up in SC and do the performce center.
BMW web site is somewhat informative but doesn't explain how long the day lasts. Sounds pretty cool though.
I have heard good things about the Performance Center experience. I will be taking my first trip in March for my X5. As far as I recall, the trip takes all day, but BMW pays for everything (except air fare). The BMW plant is quite modern, so just the tour of the plant would be worth it for people like myself who are used to the old Detroit filthy auto plants. Plus, you will get to drive a vehicle on their test track!
Steve
Host
SUVs, Vans and Aftermarket & Accessories Message Boards
Thanks,
Matt
Your over stated comments concerning the lack of off-road ability the family of BMW X5's offer is simply a tune that I am tired of listening to. Americans today hardly use the 4x4 "SUV" for anything other than on-road use. The X5 is desgned to German perfection, taking the useability of the SUV frame and the fire of the BMW engineering to the max. Let us all bow to the Bimmer!
Matt
----------------
2002 X5 Customer Lease
Special lease on 2002 X5
Start Date: 01/03/2002 End Date: 02/28/2002
Year Style Monthly Payment Term
(Months) Down Payment Security Deposit Acq. Fee Annual Mileage Capitalized Cost Residual % Customer Cash Dealer Cash Find a Local Dealer
2002 3.0i AWD 4dr SUV (3.0L 6cyl 5M) $419 36 $2500 $450 $525 10000 $39,545 66% NA NA Local Dealer
Restrictions: None.
Advice would be greatly appreciated... Thanks!
i feel i got a great deal considering all quotes mentioned on this board. I highly recommend Open Road BMW if you live in the metro NJ/NYC area, salesman has been very helpful.
i'll keep everyone posted and please keep this board flowing!!!!
i am in the middle of finding a good deal.
thanks.
From all the posts that I have read, the issue seems to be, "Did I get a good deal" or "where can I buy/or lease a X5 near invoice?" No matter the savings, the X5 is still expensive, so I want to know if you would buy another one in spite of cargo capacity and any other pertinent comments about the X5 that would 'assist' me and others whether to buy the X5 or say the Acura MDX. Thanks.
Thanks.
Are the 19 inch wheels a worthy upgrade? Do they increase performance and road feel, or are they just a 'cool factor' upgrade?
So make sure you see and take it for a pin before you buy.
And is there a discount if one opts for the Performance Center Delivery? I understand BMW gives an additional price break for the European Delivery.
Thank you.
Just curious
And does this apply to a buy or leased?
Just returned from the BMW dealer 2 hours ago after discussing X5 Lease pricing. The edmunds lease incentive deal of $419/month for 36 months with $2500 down on a stripped X5 seems unobtainable. According to edmunds, residual is 66% for 10K miles. Dealers agree to this. Acquistion fee in my area of California is $725, not $525 per edmunds. The lease interest rate is 4.92% (divide by 2400 to get the lease factor 0f .00205). Kelly Book (kbb.com)also has this as the interest rate. And the BMW dealer said the BMW was kicking in $1000. He even showed me the sheet so I could check the math.
But no one will make this deal here.
$1000 off MSRP should be doable for all deals since BMW is paying it, not the dealer. Lease factors are negoiable, but no one is offering 4.92%, claiming that is the dealer buy price. Kelly Blue has a second incentive interest rate at 6.75% (.00281), which you can get.
Just getting under the lease price quoted on BMW.com has been time consuming. This car is still hot. There are over 10 BMW dealers within a 1 hour drive, but no one has more than 2-4 X5 3.0s and no one seems interested is deeply discounting them. My research has a car in the low $47K running $550-$560/month for 36 months with $2500 (ouch) down.
The only upside is that the Acura MDX is even worse for bargin hunters here, even when you work your way past the 200 people the acura dealer told me were on the waiting list.
The $525 acquistion fee is corrected as of Oct last year if you lease your car from BMW Financial.
Good Luck.
And the SoCal dealers may have some inventory, but they're still not giving the cars away.
Raybear, you're right, stripped BMWs don't exist on dealers lots. I did find a X5 at $43K MSRP that had a sale sign of $2K off MSRP. But it is pretty sparse inside and the salesman said they were discounting it because it didn't have many options and did not appeal to many buyers. When I asked for the same $2K off on the one with premium and sport package he said no.
If the car is trading at near sticker, then fine, that's what I will end up paying. I saw today in the paper that I can get a Chevy Avalanche for $9000 off MSRP, but I don't want one of those. The great deal will just have to wait.
A Light off-road event in Southern New Jersey! Come enjoy the trails!
-mike
TIA
What kind of deal did you get? Just curious.
Thanks a lot!
I just picked up my new X5 today (Factory Order -12/18/01, arrived 2/14/02; Auto, Cold Weather Pkg). $479/mo., 36 mos., 10k/yr, 66% Residual, .0015 M/F, $2000 TOP.
This is one terrific vehicle (my first bimmer). Contrary to what you hear and read, this SAV is roomy. Previously owned a 99 JGC Laredo V8. Did not have nearly as much interior room. Fit and finish is superb; better than any other vehicle I researched. Also considered GM Triplets, RX300, and QX4. None even came close to the X5. Inline 6 is as smooth as it gets; acceleration is excellent, and performance far better than JGC V8.
I've read many of these posts over the past several months. I agree with Shipo regarding Prestige BMW. I got my BMW at Prestige on 17S in NJ. This dealership is kind, courteous, and very helpful. It was the single best car buying experience I've ever had. Old car lease was due 2/18/02 and I got the car today. It doesn't get much better than that!
peterd320 - I also considered the Sport Pkg., but decided against it b/c a. too pricey, and b. suspension is stiffer and not really good in inclement weather. I also live in northern NJ.
I look forward to being a part of the group going forward.