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2015 BMW X5 Lease Questions

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  • kevinwang0403kevinwang0403 Member Posts: 3
    I'm going to order one 2015 X5 x35i this month since some dealers told me the 2016 model is coming next month which nothing upgraded but higher price. The one I want to build currently is as follows:
    X5 35i Xdrive - $56,200
    M-Sport - $4,500
    Exterior: Mineral White Metallic - $550
    Interior: Black Dakota Leather
    Trim: Aluminum Hexagon Trim
    Cold Weather Pkg - $550
    Drivers Assistance Plus - $1,900
    Drivers Assistance Package - $1,400
    Lighting Package - $1,900
    Premium Package - $2,550
    ACC Stop & Go + Active Driving Assistant - $1200
    Enhanced USB and Bluetooth plus Smartphone Integration - $500
    Harmon Kardon Sound - $875
    Rear Manual Side Window Shades - $250
    Parking Assistant - $500
    Ceramic Controls - $650
    Soft-Close Automatic Doors - $600
    Destination and Handling - $950
    Total MSRP as built - $75,075

    The best offer I got so far is $69,000 before tax and I gonna lease it as 3 year 15k/year. Please really advise on the numbers such as RV%, MF, Acquistion Fee, Tire Insurance. I live in NJ which has 7% sales tax and I will put 7 MSD to reduce the MF, 0 down payment though. If possible please let me know the final monthly payment.

    Thanks you so much!
  • kyfdxkyfdx Moderator Posts: 267,011
    bigb316 said:

    Great thank you. Do you see any other inefficientcies in the pricing? I'm about 8-9K miles from going over on my current lease miles on the Q50 and need a SUV. Thoughts?

    You didn't give the MSRP, so we don't know the discount you are getting... I was blinded by the $11K. lol

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  • kyfdxkyfdx Moderator Posts: 267,011

    I'm going to order one 2015 X5 x35i this month since some dealers told me the 2016 model is coming next month which nothing upgraded but higher price. The one I want to build currently is as follows:
    X5 35i Xdrive - $56,200
    M-Sport - $4,500
    Exterior: Mineral White Metallic - $550
    Interior: Black Dakota Leather
    Trim: Aluminum Hexagon Trim
    Cold Weather Pkg - $550
    Drivers Assistance Plus - $1,900
    Drivers Assistance Package - $1,400
    Lighting Package - $1,900
    Premium Package - $2,550
    ACC Stop & Go + Active Driving Assistant - $1200
    Enhanced USB and Bluetooth plus Smartphone Integration - $500
    Harmon Kardon Sound - $875
    Rear Manual Side Window Shades - $250
    Parking Assistant - $500
    Ceramic Controls - $650
    Soft-Close Automatic Doors - $600
    Destination and Handling - $950
    Total MSRP as built - $75,075

    The best offer I got so far is $69,000 before tax and I gonna lease it as 3 year 15k/year. Please really advise on the numbers such as RV%, MF, Acquistion Fee, Tire Insurance. I live in NJ which has 7% sales tax and I will put 7 MSD to reduce the MF, 0 down payment though. If possible please let me know the final monthly payment.

    Thanks you so much!

    .00128 MF and 56% residual. (.00079 MF with 7 MSDs)
    $795 acquisition fee
    No idea on Tire Insurance... I've never seen it priced where it makes any sense.

    Adding $3K on to the selling price for acquisition fee and tax, I get a payment of $922/mo. (with 7 MSDs).

    Due at signing: 1st payment, 7 MSDs ($6650), title/registration/doc fee

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  • bigb316bigb316 Member Posts: 11
    The MSRP is $62725
  • kevinwang0403kevinwang0403 Member Posts: 3
    kyfdx said:
    I'm going to order one 2015 X5 x35i this month since some dealers told me the 2016 model is coming next month which nothing upgraded but higher price. The one I want to build currently is as follows: X5 35i Xdrive - $56,200 M-Sport - $4,500 Exterior: Mineral White Metallic - $550 Interior: Black Dakota Leather Trim: Aluminum Hexagon Trim Cold Weather Pkg - $550 Drivers Assistance Plus - $1,900 Drivers Assistance Package - $1,400 Lighting Package - $1,900 Premium Package - $2,550 ACC Stop & Go + Active Driving Assistant - $1200 Enhanced USB and Bluetooth plus Smartphone Integration - $500 Harmon Kardon Sound - $875 Rear Manual Side Window Shades - $250 Parking Assistant - $500 Ceramic Controls - $650 Soft-Close Automatic Doors - $600 Destination and Handling - $950 Total MSRP as built - $75,075 The best offer I got so far is $69,000 before tax and I gonna lease it as 3 year 15k/year. Please really advise on the numbers such as RV%, MF, Acquistion Fee, Tire Insurance. I live in NJ which has 7% sales tax and I will put 7 MSD to reduce the MF, 0 down payment though. If possible please let me know the final monthly payment. Thanks you so much!
    .00128 MF and 56% residual. (.00079 MF with 7 MSDs) $795 acquisition fee No idea on Tire Insurance... I've never seen it priced where it makes any sense. Adding $3K on to the selling price for acquisition fee and tax, I get a payment of $922/mo. (with 7 MSDs). Due at signing: 1st payment, 7 MSDs ($6650), title/registration/doc fee
    Oh I forgot I got a test drive $1000 code, so the final selling price should be $68,000 instead of $69,000. And the Monthly payment I got is around $810. Something I did wrong?
  • kyfdxkyfdx Moderator Posts: 267,011
    bigb316 said:

    The MSRP is $62725

    The only big issue I see is the money factor....

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  • kyfdxkyfdx Moderator Posts: 267,011


    kyfdx said:

    I'm going to order one 2015 X5 x35i this month since some dealers told me the 2016 model is coming next month which nothing upgraded but higher price. The one I want to build currently is as follows:
    X5 35i Xdrive - $56,200
    M-Sport - $4,500
    Exterior: Mineral White Metallic - $550
    Interior: Black Dakota Leather
    Trim: Aluminum Hexagon Trim
    Cold Weather Pkg - $550
    Drivers Assistance Plus - $1,900
    Drivers Assistance Package - $1,400
    Lighting Package - $1,900
    Premium Package - $2,550
    ACC Stop & Go + Active Driving Assistant - $1200
    Enhanced USB and Bluetooth plus Smartphone Integration - $500
    Harmon Kardon Sound - $875
    Rear Manual Side Window Shades - $250
    Parking Assistant - $500
    Ceramic Controls - $650
    Soft-Close Automatic Doors - $600
    Destination and Handling - $950
    Total MSRP as built - $75,075

    The best offer I got so far is $69,000 before tax and I gonna lease it as 3 year 15k/year. Please really advise on the numbers such as RV%, MF, Acquistion Fee, Tire Insurance. I live in NJ which has 7% sales tax and I will put 7 MSD to reduce the MF, 0 down payment though. If possible please let me know the final monthly payment.

    Thanks you so much!

    .00128 MF and 56% residual. (.00079 MF with 7 MSDs)
    $795 acquisition fee
    No idea on Tire Insurance... I've never seen it priced where it makes any sense.

    Adding $3K on to the selling price for acquisition fee and tax, I get a payment of $922/mo. (with 7 MSDs).

    Due at signing: 1st payment, 7 MSDs ($6650), title/registration/doc fee

    Oh I forgot I got a test drive $1000 code, so the final selling price should be $68,000 instead of $69,000. And the Monthly payment I got is around $810. Something I did wrong?

    I added in tax and acquisition fee.. maybe you didn't?

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  • kevinwang0403kevinwang0403 Member Posts: 3
    kyfdx said:
    kyfdx said:
    I'm going to order one 2015 X5 x35i this month since some dealers told me the 2016 model is coming next month which nothing upgraded but higher price. The one I want to build currently is as follows: X5 35i Xdrive - $56,200 M-Sport - $4,500 Exterior: Mineral White Metallic - $550 Interior: Black Dakota Leather Trim: Aluminum Hexagon Trim Cold Weather Pkg - $550 Drivers Assistance Plus - $1,900 Drivers Assistance Package - $1,400 Lighting Package - $1,900 Premium Package - $2,550 ACC Stop & Go + Active Driving Assistant - $1200 Enhanced USB and Bluetooth plus Smartphone Integration - $500 Harmon Kardon Sound - $875 Rear Manual Side Window Shades - $250 Parking Assistant - $500 Ceramic Controls - $650 Soft-Close Automatic Doors - $600 Destination and Handling - $950 Total MSRP as built - $75,075 The best offer I got so far is $69,000 before tax and I gonna lease it as 3 year 15k/year. Please really advise on the numbers such as RV%, MF, Acquistion Fee, Tire Insurance. I live in NJ which has 7% sales tax and I will put 7 MSD to reduce the MF, 0 down payment though. If possible please let me know the final monthly payment. Thanks you so much!
    .00128 MF and 56% residual. (.00079 MF with 7 MSDs) $795 acquisition fee No idea on Tire Insurance... I've never seen it priced where it makes any sense. Adding $3K on to the selling price for acquisition fee and tax, I get a payment of $922/mo. (with 7 MSDs). Due at signing: 1st payment, 7 MSDs ($6650), title/registration/doc fee
    Oh I forgot I got a test drive $1000 code, so the final selling price should be $68,000 instead of $69,000. And the Monthly payment I got is around $810. Something I did wrong?
    I added in tax and acquisition fee.. maybe you didn't?
    I thought they will be charged as due at signing…
  • moodyhankmoodyhank Member Posts: 240
    bigb316 said:

    Great thank you. Do you see any other inefficientcies in the pricing? I'm about 8-9K miles from going over on my current lease miles on the Q50 and need a SUV. Thoughts?

    They are low-balling you on your trade-in. Check the KBB trade-in value for your car. If your trade-in value is indeed that low then go to Infiniti and get a SUV from there, I am sure they can give you a better trade-in value since they can actually move your Q50 (they don't have to sell your car to another dealer in an auction like the BMW dealer has to).
  • tufts0207tufts0207 Member Posts: 14
    Hello all,
    I am looking into leasing an X5. I'm currently in NC but moving to WA.

    I negotiated the following and was hoping to get some feedback on anything I should try and adjust. Also, is there any benefit to purchasing in WA as opposed to both in NC? Do the lease terms vary from state to state? The tax is 9.9% monthly in WA but I believe it's 3% up front in NC. Of course, I would then have to put a bunch of miles driving it cross country.

    2015 X5 (x35i) (Drivers Assist, Surround view, Premium, Luxury Seats, HK Audio, Metallic paint)
    36mos/15k miles
    MSRP: $64625
    Negotiated price: $60825
    ?Bank fee ("Capped Fees"): $995 - not sure what this is exactly
    "Adj Cap Cost": $61820
    7xSD = $6300
    Residual: 56%
    MF after MSD = 0.0008
    Base payment: $789.37
    Monthly sales Tax (3% NC) = $23.68
    Monthly Payment: $813.05

    Drive off:
    "Up front payment" $813.05
    SD $6300
    "Up Front Fees" $672
    "Up Front Sales Tax" $209.16 - not sure what this tax is
    "Cash due on lease" $7994.21

    Thanks in advance for your help!
  • kyfdxkyfdx Moderator Posts: 267,011
    tufts0207 said:

    Hello all,
    I am looking into leasing an X5. I'm currently in NC but moving to WA.

    I negotiated the following and was hoping to get some feedback on anything I should try and adjust. Also, is there any benefit to purchasing in WA as opposed to both in NC? Do the lease terms vary from state to state? The tax is 9.9% monthly in WA but I believe it's 3% up front in NC. Of course, I would then have to put a bunch of miles driving it cross country.

    2015 X5 (x35i) (Drivers Assist, Surround view, Premium, Luxury Seats, HK Audio, Metallic paint)
    36mos/15k miles
    MSRP: $64625
    Negotiated price: $60825
    ?Bank fee ("Capped Fees"): $995 - not sure what this is exactly
    "Adj Cap Cost": $61820
    7xSD = $6300
    Residual: 56%
    MF after MSD = 0.0008
    Base payment: $789.37
    Monthly sales Tax (3% NC) = $23.68
    Monthly Payment: $813.05

    Drive off:
    "Up front payment" $813.05
    SD $6300
    "Up Front Fees" $672
    "Up Front Sales Tax" $209.16 - not sure what this tax is
    "Cash due on lease" $7994.21

    Thanks in advance for your help!

    The acquisition fee goes to the leasing bank. The base fee for BMW is $795. This dealer has marked up the fee to $995 for extra profit.

    The money factor for June with 7 MSDs should be .00079

    The calculations are correct, but I'm wondering about that tax calculation.. If it's paid upfront, it seems like it would be a bigger amount added to the CAP cost. Does NC only tax the lease payment or the full selling price?

    I'm not sure what your upfront sales tax is, either.. since upfront costs are minimal. I'm guessing that the $672 is for title/registration and a dealer fee.

    I'd worry about paying a chunk of change for NC taxes upfront, and then still having to pay tax on the payment when you get to Washington..

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  • benseattle89benseattle89 Member Posts: 67
    Are there MF/Residuals out for a 2016 X5D? My CA told me that I may have to order a '16 now and I don't want to get stuck with higher payments if the rates and residuals are not as good as a '15. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,011

    Are there MF/Residuals out for a 2016 X5D? My CA told me that I may have to order a '16 now and I don't want to get stuck with higher payments if the rates and residuals are not as good as a '15. Thanks!

    No numbers for the 2016 model.

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  • cion123cion123 Member Posts: 18
    So here's the deal I just got:

    Selling price: $62,192 (MSRP $67,475)
    MF: 00128
    Residual: 59% (36/10)
    Bank/Acquisition Fee: $795
    Document fee:  $150
    Monthly: $752 plus tax = $820
     
    Due at closing: $1836.55
    first payment: $820
    Document fee:$150
    acquisition fee:    $795
    tax on acquisition throwing in floor mats - seems like a good deal. Thoughts?
  • MichaellMichaell Moderator Posts: 263,286
    cion123 said:

    So here's the deal I just got:

    Selling price: $62,192 (MSRP $67,475)
    MF: 00128
    Residual: 59% (36/10)
    Bank/Acquisition Fee: $795
    Document fee:  $150
    Monthly: $752 plus tax = $820
     
    Due at closing: $1836.55
    first payment: $820
    Document fee:$150
    acquisition fee:    $795
    tax on acquisition throwing in floor mats - seems like a good deal. Thoughts?

    I get the same pre-tax payment. Base MF and a decent discount from sticker; only way to do better is to negotiate a better selling price or use MSD to buy down the MF.

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  • cwyattcwyatt Member Posts: 10
    bigb316 said:

    Great thank you. Do you see any other inefficientcies in the pricing? I'm about 8-9K miles from going over on my current lease miles on the Q50 and need a SUV. Thoughts?

    Clarify that statement a little more...are you 8-9k miles over your TOTAL lease allowance or 8-9k over where you should be? In either event, how many months are left on your Infiniti lease? Did your driving habits change to the point that leasing is now a more viable option? If you're still racking up miles like crazy, perhaps getting into another lease isn't the best idea,

    My suggestion is to try to find someone to take over your Infiniti lease. There are several websites out there to advertise a lease for takeover. If you're over the miles, it makes your car less appealing, so you'd need to offer someone an incentive. For example, if you offered to give them $5k cash to take over your lease that is 9k miles over, assuming Infiniti charges around $0.25/mile over, they'd be looking at $2,250 in overage fees from the beginning plus whatever they put on the car themselves. It would be a hard sell but you'd come out far better than eating $11k in equity. I had someone assume my Cadillac ATS lease the first day I listed it, granted it was far under mileage. It's worth a try, but I honestly can't imagine absorbing 11 grand into a lease would be the best financial move...you have to consider other options.
  • westoxwestox Member Posts: 9
    Hope to close a deal on 2015 X5 x35i recently. So here is a deal quote from dealer:

    lease term: 36 months with 10K miles/year

    MSRP: $65,025
    Sale Price: $61,000
    MF: 0.00168
    Residual: 59%
    Tax: 7.5%

    Sales Tax (estimate): + $4,583.18
    Weight Fee: + $80.00
    Tag/Registration Fees (estimate): + $468.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00

    First Down payment: $2,500

    35 monthly payments with tax: $859

    Any advice? Never lease before. Any comment is appreciated.
  • MichaellMichaell Moderator Posts: 263,286
    westox said:
    Hope to close a deal on 2015 X5 x35i recently. So here is a deal quote from dealer: lease term: 36 months with 10K miles/year MSRP: $65,025 Sale Price: $61,000 MF: 0.00168 Residual: 59% Tax: 7.5% Sales Tax (estimate): + $4,583.18 Weight Fee: + $80.00 Tag/Registration Fees (estimate): + $468.00 Flat Add/County Fee: + $10.00 Electronic Filing: + $29.00 Smog Abatement Fee: + $20.00 Documentation Fee: + $80.00 First Down payment: $2,500 35 monthly payments with tax: $859 Any advice? Never lease before. Any comment is appreciated.
     Money factor is marked up from the base of .00128. What state is this? 

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  • westoxwestox Member Posts: 9
    Michaell said:


    westox said:

    Hope to close a deal on 2015 X5 x35i recently. So here is a deal quote from dealer:

    lease term: 36 months with 10K miles/year

    MSRP: $65,025
    Sale Price: $61,000
    MF: 0.00168
    Residual: 59%
    Tax: 7.5%

    Sales Tax (estimate): + $4,583.18
    Weight Fee: + $80.00
    Tag/Registration Fees (estimate): + $468.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00

    First Down payment: $2,500

    35 monthly payments with tax: $859

    Any advice? Never lease before. Any comment is appreciated.

     Money factor is marked up from the base of .00128. What state is this? 

    It is California. Besides the MF, any other issues? Please advice. Thanks.
  • MichaellMichaell Moderator Posts: 263,286
    westox said:
    westox said:
    Hope to close a deal on 2015 X5 x35i recently. So here is a deal quote from dealer: lease term: 36 months with 10K miles/year MSRP: $65,025 Sale Price: $61,000 MF: 0.00168 Residual: 59% Tax: 7.5% Sales Tax (estimate): + $4,583.18 Weight Fee: + $80.00 Tag/Registration Fees (estimate): + $468.00 Flat Add/County Fee: + $10.00 Electronic Filing: + $29.00 Smog Abatement Fee: + $20.00 Documentation Fee: + $80.00 First Down payment: $2,500 35 monthly payments with tax: $859 Any advice? Never lease before. Any comment is appreciated.
     Money factor is marked up from the base of .00128. What state is this? 
    It is California. Besides the MF, any other issues? Please advice. Thanks.
    Sales tax on a lease in California  is applied to the monthly payment, not calculated up front. 

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  • westoxwestox Member Posts: 9
    Michaell said:


    westox said:

    Michaell said:


    westox said:

    Hope to close a deal on 2015 X5 x35i recently. So here is a deal quote from dealer:

    lease term: 36 months with 10K miles/year

    MSRP: $65,025
    Sale Price: $61,000
    MF: 0.00168
    Residual: 59%
    Tax: 7.5%

    Sales Tax (estimate): + $4,583.18
    Weight Fee: + $80.00
    Tag/Registration Fees (estimate): + $468.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00

    First Down payment: $2,500

    35 monthly payments with tax: $859

    Any advice? Never lease before. Any comment is appreciated.

     Money factor is marked up from the base of .00128. What state is this? 
    It is California. Besides the MF, any other issues? Please advice. Thanks.

    Sales tax on a lease in California  is applied to the monthly payment, not calculated up front. 

    Thank you for the information. I am a newbie. So what would the monthly payment be reasonable using MF: 0.00128 in my case? Thank you for the advice.
  • MichaellMichaell Moderator Posts: 263,286
    westox said:

    Michaell said:


    westox said:

    Michaell said:


    westox said:

    Hope to close a deal on 2015 X5 x35i recently. So here is a deal quote from dealer:

    lease term: 36 months with 10K miles/year

    MSRP: $65,025
    Sale Price: $61,000
    MF: 0.00168
    Residual: 59%
    Tax: 7.5%

    Sales Tax (estimate): + $4,583.18
    Weight Fee: + $80.00
    Tag/Registration Fees (estimate): + $468.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00

    First Down payment: $2,500

    35 monthly payments with tax: $859

    Any advice? Never lease before. Any comment is appreciated.

     Money factor is marked up from the base of .00128. What state is this? 
    It is California. Besides the MF, any other issues? Please advice. Thanks.

    Sales tax on a lease in California  is applied to the monthly payment, not calculated up front. 

    Thank you for the information. I am a newbie. So what would the monthly payment be reasonable using MF: 0.00128 in my case? Thank you for the advice.

    With your numbers and the base MF, I get a payment of $811 with tax.

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  • tallmasstallmass Member Posts: 56
    hi, are the mf and residual numbers the same in july as they are in june? If not what are they for 36months/12k and 36 months/ 15k? Im in southern california. Thank you in advance
  • MichaellMichaell Moderator Posts: 263,286
    tallmass said:
    hi, are the mf and residual numbers the same in july as they are in june? If not what are they for 36months/12k and 36 months/ 15k? Im in southern california. Thank you in advance
    No July numbers yet. 

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  • scusyxxscusyxx Member Posts: 16
    July numbers are in?
  • MichaellMichaell Moderator Posts: 263,286
    scusyxx said:

    July numbers are in?

    .00130 and 55% for 36/15 for all trim levels.

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  • scusyxxscusyxx Member Posts: 16
    How about 36/10? Thanks
  • MichaellMichaell Moderator Posts: 263,286
    scusyxx said:
    How about 36/10? Thanks
    Add 3% for 10k per year. 

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  • scusyxxscusyxx Member Posts: 16
    I've got this quote today.

    MSRP - 60950
    Sale price - 56500
    0 down
    Acquisition fee - 925
    Doc fee - 285
    Registration - 150
    MF after 7 * MSD - 0.0009
    Residual - %58

    They said $699 + tax monthly payments. I think this is too much.

    Thoughts?
  • MichaellMichaell Moderator Posts: 263,286
    scusyxx said:
    I've got this quote today. MSRP - 60950 Sale price - 56500 0 down Acquisition fee - 925 Doc fee - 285 Registration - 150 MF after 7 * MSD - 0.0009 Residual - %58 They said $699 + tax monthly payments. I think this is too much. Thoughts?
    Are you paying the fees up front or adding them into the cap cost?

    also, the MF after MSD should be .00081 not .0009 so they are marking up the MF on you. 

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  • scusyxxscusyxx Member Posts: 16
    Paying fees upfront. They want ~$7000 cash.
    Premium, cold weather package and rear view camera included.
  • MichaellMichaell Moderator Posts: 263,286
    scusyxx said:

    Paying fees upfront. They want ~$7000 cash.
    Premium, cold weather package and rear view camera included.

    Most of that $7K is for MSD - what is left from that and how is it being applied?

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  • scusyxxscusyxx Member Posts: 16
    edited July 2015
    Michaell said:

    scusyxx said:

    Paying fees upfront. They want ~$7000 cash.
    Premium, cold weather package and rear view camera included.

    Most of that $7K is for MSD - what is left from that and how is it being applied?
    They rounded to $2k. It roughly includes.

    Acquisition - $925
    Doc - $285
    Plates - $150
    1st month payment - $700 + tax
  • MichaellMichaell Moderator Posts: 263,286
    scusyxx said:

    Michaell said:

    scusyxx said:

    Paying fees upfront. They want ~$7000 cash.
    Premium, cold weather package and rear view camera included.

    Most of that $7K is for MSD - what is left from that and how is it being applied?
    They rounded to $2k. It roughly includes.

    Acquisition - $925
    Doc - $285
    Plates - $150
    1st month payment - $700 + tax
    OK, that makes sense.

    Tell them you won't sign a deal unless the base MF is used, before MSDs.

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  • daptekdaptek Member Posts: 164
    Could I get the MF for x5 35 xdrive in FLorida? 36/12 and 36/10.
  • MichaellMichaell Moderator Posts: 263,286
    daptek said:

    Could I get the MF for x5 35 xdrive in FLorida? 36/12 and 36/10.

    .00130 and 57% / 58% for all trim levels.

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  • firstbmwx5firstbmwx5 Member Posts: 7
    Just offered a deal..

    Its a DEMO car, 2015 xdrive 35i, has 7000 miles on it
    MSRP 61850, Sell price 54000 (I am not sure if they can use my 1000$ UDE credit, than it would come down to 53000)

    7 MSDs and all basic bank/dealer fees up front ( should be around $1300)

    10K miles, 36 months. They are extending warranty till 5 years and 75k miles, although that does not really matter if I am leasing for 3 years. Monthly 558 + 7% tax = $598. I can bring it down by some $30/month if I can find out about using UDE credit. I guess MF would be 0.00079 and Residual 59% (dont know july numbers though)

    How does this look. I dont know how to bring the 7000 miles factor into account. I am also getting full 30K miles to use in 3 years, so I am not loosing any miles so far.. Any thoughts??
  • kyfdxkyfdx Moderator Posts: 267,011

    Just offered a deal..

    Its a DEMO car, 2015 xdrive 35i, has 7000 miles on it
    MSRP 61850, Sell price 54000 (I am not sure if they can use my 1000$ UDE credit, than it would come down to 53000)

    7 MSDs and all basic bank/dealer fees up front ( should be around $1300)

    10K miles, 36 months. They are extending warranty till 5 years and 75k miles, although that does not really matter if I am leasing for 3 years. Monthly 558 + 7% tax = $598. I can bring it down by some $30/month if I can find out about using UDE credit. I guess MF would be 0.00079 and Residual 59% (dont know july numbers though)

    How does this look. I dont know how to bring the 7000 miles factor into account. I am also getting full 30K miles to use in 3 years, so I am not loosing any miles so far.. Any thoughts??

    The residual is 58% minus either $0.20 or $0.30 per mile for the 7000 miles. (I've seen both.. think maybe it's gone back to $0.20/mile). MF this month is .00130 so the 7 MSD MF is .00081

    At those numbers (55.75% residual to account for miles), I get $613/mo.+tax..

    If their quote is $558/mo.+tax, then that is really good. Beware of money due at signing, once you get in the finance office.

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  • mat1634mat1634 Member Posts: 17
    I'm trying to figure out residual rates for X5M... Does anyone know what they are... Looking at a 36/12K term. Would it be the same as the X5?
  • MichaellMichaell Moderator Posts: 263,286
    mat1634 said:

    I'm trying to figure out residual rates for X5M... Does anyone know what they are... Looking at a 36/12K term. Would it be the same as the X5?

    Yes, all X5's are the same.

    .00130 and 57% for 36/12.

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  • tuttyfruittuttyfruit Member Posts: 4
    I got the following lease deal today from Southern California:

    2015 X5 xDrive35i
    MSRP $58950
    Sale price $51736.49
    MF 0.00130
    Residual 58% ($34191.00)

    $2000 out of pocket (includes first month payment; lease worksheet says $1426.75, advanced payment/first month payment $653; due on delivery $2079.75 but dealership is giving me a $79.75 "rebate")
    $599/month + tax ($653/month)
    36 months
    10k miles

    Is this a good deal?

    Thanks!
  • MichaellMichaell Moderator Posts: 263,286

    I got the following lease deal today from Southern California:

    2015 X5 xDrive35i
    MSRP $58950
    Sale price $51736.49
    MF 0.00130
    Residual 58% ($34191.00)

    $2000 out of pocket (includes first month payment; lease worksheet says $1426.75, advanced payment/first month payment $653; due on delivery $2079.75 but dealership is giving me a $79.75 "rebate")
    $599/month + tax ($653/month)
    36 months
    10k miles

    Is this a good deal?

    Thanks!

    I also get $599/mo before tax, so if you're comfortable with the selling price, no reason not to do the deal.

    You can also use MSD to buy down the MF and save a bit on the monthly payment - the good news is that you'll get the MSD money back at the end of the lease.

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  • kchoprakchopra Member Posts: 39
    TuttyFruit ... How come you were able to bargain this much on MRP......Is it because soon 2016 model will be out ?
  • kchoprakchopra Member Posts: 39
    Lease for 24 months for 10k/12k miles will be good decision....reason being my current Visa extension.....I heard BMW strictly go with current I94 period only.......
  • armitagemikearmitagemike Member Posts: 24
    What are the numbers for a 2015 X5 for August? 36/10,000 - Money factor and residual please
  • Kirstie_HKirstie_H Administrator Posts: 11,242
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  • kyfdxkyfdx Moderator Posts: 267,011

    What are the numbers for a 2015 X5 for August? 36/10,000 - Money factor and residual please

    .00130 MF and 58% residual

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  • dallasmandallasman Member Posts: 79
    Can you tell me MF + Residual on 24 mo/10k lease for x5 35d? Thank you.
  • kyfdxkyfdx Moderator Posts: 267,011
    dallasman said:

    Can you tell me MF + Residual on 24 mo/10k lease for x5 35d? Thank you.

    .00130 MF and 64% residual.

    58% residual for 36/10

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  • davidg13davidg13 Member Posts: 6
    Can you please post an updated MF and residual on 36/15k lease numbers for both 35i and 35d xdrive?  I assume MF is still .00130, but haven't seen residuals at 15k for August.  Much appreciated. 
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