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2015 BMW X5 Lease Questions

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  • MichaellMichaell Moderator Posts: 262,635
    davidg13 said:

    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. 

    55% for both engines (36/15)

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  • kchoprakchopra Member Posts: 39
    Hello,

    I was my first communication with the BMW folks and here is what they are giving for lease:

    MSRP - 67000
    Selling Price - 57225
    36 Months
    10K Miles

    With Zero Down - 834$/Month
    With 6833$ Down - 650$/Month

    Per them residual is 58%

  • MichaellMichaell Moderator Posts: 262,635
    kchopra said:

    Hello,

    I was my first communication with the BMW folks and here is what they are giving for lease:

    MSRP - 67000
    Selling Price - 57225
    36 Months
    10K Miles

    With Zero Down - 834$/Month
    With 6833$ Down - 650$/Month

    Per them residual is 58%

    58% is the 36/10 residual value; .00130 is the MF.

    Using your MSRP and selling price, I get a pre-tax payment of $635.05/mo

    Find out what the net cap cost is - they may be adding taxes and fees to the selling price.

    We do not recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

    There are some up front costs you are responsible for - bank fee, dealer fee, first payment, license/tag costs.

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  • kchoprakchopra Member Posts: 39
    Thanks for these inputs, I will crosscheck and get back
  • kchoprakchopra Member Posts: 39
    This is what I got for one more model:

    Packages - Driver Assistance Package & Driver Assistance Plus

    MSRP - $61,000
    Selling - $54,493

    Dealer Handling - 499$
    Tax - 155.77$
    Title Fee - 32.20
    Acquisition Fee - 925$

    Net Cost - 56,104.97$

    Cash Down - 4000$

    10K Mileage / Year

    24 Months - 729$
    30 Months - 668$
    36 Months - 627$

    MF - .00130


  • MichaellMichaell Moderator Posts: 262,635
    edited August 2015
    kchopra said:

    This is what I got for one more model:

    Packages - Driver Assistance Package & Driver Assistance Plus

    MSRP - $61,000
    Selling - $54,493

    Dealer Handling - 499$
    Tax - 155.77$
    Title Fee - 32.20
    Acquisition Fee - 925$

    Net Cost - 56,104.97$

    Cash Down - 4000$

    10K Mileage / Year

    24 Months - 729$
    30 Months - 668$
    36 Months - 627$

    MF - .00130

    Using your MSRP and net cost, I get a payment of $695/mo plus tax for 36 months with $0 down.

    Each $1000 down reduces your pre-tax payment by about $28/mo.

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  • satish5satish5 Member Posts: 2
    edited August 2015
    I think BMW X5 comes loaded with innovative, sophisticated and most reliable electronic parking brakes with auto hold function. AutoPortal
  • jlw0218jlw0218 Member Posts: 2
    Hello, can you please let me know if this is a good deal?
    MSRP: 60,500
    Sale price: 54,749
    MF: .00130
    Residual: 58%
    36 months/10k
    7 * MSD: lowering MF to .00081
    down payment: 0
    Sales tax: .0675
    monthly payment: 697.65

    Thank you!
  • kyfdxkyfdx Moderator Posts: 266,106
    jlw0218 said:

    Hello, can you please let me know if this is a good deal?
    MSRP: 60,500
    Sale price: 54,749
    MF: .00130
    Residual: 58%
    36 months/10k
    7 * MSD: lowering MF to .00081
    down payment: 0
    Sales tax: .0675
    monthly payment: 697.65

    Thank you!

    If the sale price is the CAP cost, then I get $619/mo.+tax.
    If there are additions to the sale price in the CAP cost, we need to know the amounts.

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  • jlw0218jlw0218 Member Posts: 2
    Thank you! When I asked they said it included a $925 acquisition fee making the CAP cost 55,674 with a monthly payment of $648.94 + tax.
  • MichaellMichaell Moderator Posts: 262,635
    jlw0218 said:

    Thank you! When I asked they said it included a $925 acquisition fee making the CAP cost 55,674 with a monthly payment of $648.94 + tax.

    $925 over 36 months is $25.69/mo, so our calculation goes to about $645/mo + tax. Very close to the dealer quote.

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  • dallasmandallasman Member Posts: 79
    Hi, can you tell me the money factor discount for a prepaid lease on an x5? Thank you!
  • kyfdxkyfdx Moderator Posts: 266,106
    dallasman said:

    Hi, can you tell me the money factor discount for a prepaid lease on an x5? Thank you!

    At this time, BMWFS isn't offering any discount for pre-paying a lease.

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  • firstbmwx5firstbmwx5 Member Posts: 7
    Picked up new 2015 x5 xdrive35i

    MSRP $70250

    Monthly payments 688/month including 7% tax for 10K/3 years.. Paid basic dealer fees, acq fees etc upfront and 7MSD to bring MF down. Tire assure added for $250 for 3 years

  • kyfdxkyfdx Moderator Posts: 266,106

    Picked up new 2015 x5 xdrive35i

    MSRP $70250

    Monthly payments 688/month including 7% tax for 10K/3 years.. Paid basic dealer fees, acq fees etc upfront and 7MSD to bring MF down. Tire assure added for $250 for 3 years

    Congrats!

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  • rytashrytash Member Posts: 17
    Hi,

    Hoping to get a new X5 this weekend. What is the money factor and residual this month for 2015 BMW X5 xDrive35i SAV for 24, 30 and 36 months with 12k miles? Also, are there any incentives to be aware of? Thanks so much!
  • kchoprakchopra Member Posts: 39
    I am also interested in the SEP numbers for 2015 X5.
  • kchoprakchopra Member Posts: 39
    I got this from the dealer today in Colorado state

    Residual here is 58%

    MSRP: $62945 (Premium Pkg, Cold Weather Pkg, 3rd Row Seating)
    Your Price: $58210 plus $499 dealer handling
    $0 down plus 1st month
    36 months, 10K miles per year
    $810.85 / mo plus tax with approved credit



    Option #2
    MSRP: $62945
    Your Price: $58210 plus $499 dealer handling
    $5000 down
    36 months, 10K miles per year
    $683.39 / mo plus tax with approved credit
  • kyfdxkyfdx Moderator Posts: 266,106
    rytash said:

    Hi,

    Hoping to get a new X5 this weekend. What is the money factor and residual this month for 2015 BMW X5 xDrive35i SAV for 24, 30 and 36 months with 12k miles? Also, are there any incentives to be aware of? Thanks so much!

    .00130 MF and 63%/60%/57% residual.

    No apparent incentives on the X5.

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  • kyfdxkyfdx Moderator Posts: 266,106
    kchopra said:

    I got this from the dealer today in Colorado state

    Residual here is 58%

    MSRP: $62945 (Premium Pkg, Cold Weather Pkg, 3rd Row Seating)
    Your Price: $58210 plus $499 dealer handling
    $0 down plus 1st month
    36 months, 10K miles per year
    $810.85 / mo plus tax with approved credit



    Option #2
    MSRP: $62945
    Your Price: $58210 plus $499 dealer handling
    $5000 down
    36 months, 10K miles per year
    $683.39 / mo plus tax with approved credit

    .00130 MF and 58% residual.

    If I add $925 acq.fee to your price, I get $796/mo.+tax. That's about a $500 difference. Likely attributable to title/license fees.

    Option #2 is essentially the same deal.

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  • rytashrytash Member Posts: 17
    Thanks!
  • dan_questionsdan_questions Member Posts: 10
    Hi! I want to check and see if the following is reasonable:

    2016 BMW X5 xDrive35i
    MSRP: $66,695
    Purchase Price: $63,027
    Residual: 58% (36/10k)
    Money Factor: 0.0013

    Due at signing:
    VA state tax: $2,690
    Processing fee: $499 (is this normal??)
    Tags for 2 years: $116
    Acquisition lease fee: $925 (is this normal??)
    Total down: $4,230

    Trade in value: $17,500 (own outright)
    I have already put down $2,000 and the vehicle is in production.

    How do you recommend setting up the monthly and what should it be? How much interest am I paying and how does the extra deposit work? I am also thinking about just buying the thing outright to avoid paying interest since the residual seems a little low (and maybe avoid that silly acquisition lease fee).

    Thanks!
  • MichaellMichaell Moderator Posts: 262,635

    Hi! I want to check and see if the following is reasonable:

    2016 BMW X5 xDrive35i
    MSRP: $66,695
    Purchase Price: $63,027
    Residual: 58% (36/10k)
    Money Factor: 0.0013

    Due at signing:
    VA state tax: $2,690
    Processing fee: $499 (is this normal??)
    Tags for 2 years: $116
    Acquisition lease fee: $925 (is this normal??)
    Total down: $4,230

    Trade in value: $17,500 (own outright)
    I have already put down $2,000 and the vehicle is in production.

    How do you recommend setting up the monthly and what should it be? How much interest am I paying and how does the extra deposit work? I am also thinking about just buying the thing outright to avoid paying interest since the residual seems a little low (and maybe avoid that silly acquisition lease fee).

    Thanks!

    With the numbers you've provided, I get a payment of $808.44/mo. Yes, the processing fee acquisition fee is normal.

    We do not recommend using trade equity to buy down the payment - if the car is stolen or totaled, you lose that money. Instead, use some of it for multiple security deposits to bring down the MF - the advantage is you get that money back at the end of the lease.

    The rent charge (lease speak for interest) is $132.22/mo, or almost $4800 for the lease term.

    X5's, as you see, are not terribly lease-friendly.

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  • kchoprakchopra Member Posts: 39
    Revised numbers after bargaining little bit on selling price.... its not that easy with BMW :)


    36 months, 10K miles per year
    Money factor .0013 with approved credit
    Residual: 58%
    MSRP: $62945
    Your price: $57610 plus $499 dealer handling
    $4000 total due at signing including 1st month payment and taxes of 5%
    $690 / mo including 5% taxes

    Options - Premium Pkg, Cold Weather Pkg, Third Row, Backup Camera and Mocha Leather
  • dan_questionsdan_questions Member Posts: 10
    Thanks! I was trying to talk the wife into a Range Rover Sport (73% residual on 33 months!!), but she didn't want "an unreliable truck driven mostly by rappers and footballers". So we went with a proper soccer mom SUV.

    Two follow-up questions:

    Do you know if you need to pay the $925 acquisition lease fee (or something similar) if you buy outright?

    How much is the maximum MF pay down, what is the new MF and how much does that save me per month?
  • MichaellMichaell Moderator Posts: 262,635
    kchopra said:

    Revised numbers after bargaining little bit on selling price.... its not that easy with BMW :)


    36 months, 10K miles per year
    Money factor .0013 with approved credit
    Residual: 58%
    MSRP: $62945
    Your price: $57610 plus $499 dealer handling
    $4000 total due at signing including 1st month payment and taxes of 5%
    $690 / mo including 5% taxes

    Options - Premium Pkg, Cold Weather Pkg, Third Row, Backup Camera and Mocha Leather

    Get the breakdown of the $4000 due at signing .. using a net cap cost of $58,109 I get a payment of $759/mo with 5% tax added in.

    We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

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  • MichaellMichaell Moderator Posts: 262,635

    Thanks! I was trying to talk the wife into a Range Rover Sport (73% residual on 33 months!!), but she didn't want "an unreliable truck driven mostly by rappers and footballers". So we went with a proper soccer mom SUV.

    Two follow-up questions:

    Do you know if you need to pay the $925 acquisition lease fee (or something similar) if you buy outright?

    How much is the maximum MF pay down, what is the new MF and how much does that save me per month?

    Acquisition fee is only for leases.

    BMW allows 7 MSDs, each of which lower the MF by .00007 (.00049 total, or a net new MF of .00081).

    Would need to know the pricing (MSRP and selling price) to tell you how much that will save. But, you get that money back at the end of the lease.

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  • pacdecimalpacdecimal Member Posts: 39
    edited September 2015
    Picked up(Bay area dealer) end of August, 2015 X5 35xdrive. Msrp $63,270, sales price $57,405. .00081 MF with MSD. Negotiated via email for a day and leased it as the existing 2015 inventory was getting thin. I knew it would be difficult to get above the discount I received. The car had 8 miles on it. Very satisfied with the dealer, sales person and the entire process. 
  • MichaellMichaell Moderator Posts: 262,635

    Picked up(Bay area dealer) end of August, 2015 X5 35xdrive. Msrp $63,270, sales price $57,405. .00081 MF with MSD. Negotiated via email for a day and leased it as the existing 2015 inventory was getting thin. I knew it would be difficult to get above the discount I received. The car had 8 miles on it. Very satisfied with the dealer, sales person and the entire process. 

    And your payment is...?

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  • pacdecimalpacdecimal Member Posts: 39
    $708 per month(San Francisco County Tax included).
  • MichaellMichaell Moderator Posts: 262,635

    $708 per month(San Francisco County Tax included).

    Solid deal - enjoy your new BMW!

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  • pacdecimalpacdecimal Member Posts: 39
    I appreciate all the feedback from users of Edmunds. Got lucky on my purchase of 2014 Honda Accord EX-L back in 2014 also due to this site.
  • sicce10sicce10 Member Posts: 8
    Is this a good deal on a X5 35i-xdrive
    BMW Ownerschoice
    MSRP: $67,645
    Sell Price: $59,588
    Doc Fee $699
    Tax: $1,633
    Res: $38,557
    36mnts/ 12K miles
    APR 3%

    Payment $780 month (incl Tax)

    Thanks

  • MichaellMichaell Moderator Posts: 262,635
    sicce10 said:

    Is this a good deal on a X5 35i-xdrive
    BMW Ownerschoice
    MSRP: $67,645
    Sell Price: $59,588
    Doc Fee $699
    Tax: $1,633
    Res: $38,557
    36mnts/ 12K miles
    APR 3%

    Payment $780 month (incl Tax)

    Thanks

    We don't track information for the Owners Choice program, sorry.

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  • kylecb5431kylecb5431 Member Posts: 3
    edited September 2015
    Please help if this is a good deal 

    demo 2015 X5 50i with 5,200 miles. I live in Chicago 60614

    MSRP $80,150
    selling price $69,995
    MF .00170
    RV 55% ($45,587)
    net cap cost $73,776.74 (is $3,781.74 over sale price=$925 acquisition fee+$2,856.74 in Tax).
    Monthly $985.97

    I have done zero negotiating so far. I know the MF should be .00130 so I'll get back to him on that.  what I am wondering is what this thing should sell for?  I have never delt with a demo before.

    thanks
    and please help

  • MichaellMichaell Moderator Posts: 262,635

    Please help if this is a good deal 

    demo 2015 X5 50i with 5,200 miles. I live in Chicago 60614

    MSRP $80,150
    selling price $69,995
    MF .00170
    net cap cost $73,776.74 (is $3,781.74 over sale price=$925 acquisition fee+$2$2,856.74 in up front taxes).
    Monthly $985.97

    I have done zero negotiating so far. I know the MF should be .00130 so I'll get back to him on that.  what I am wondering is what this thing should sell for?  I have never felt with a demo before.

    i will also ask him to roll the taxes into the lease.

    thanks
    and please help

    The 5200 miles should help you get a better selling price (though you are already $10K off sticker), but the residual value will drop as well (at .20/mile, or about $1000).

    Yes, MF is marked up the max on you - that will save you some money per month.

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  • kylecb5431kylecb5431 Member Posts: 3
    Michaell said:
    Please help if this is a good deal 

    demo 2015 X5 50i with 5,200 miles. I live in Chicago 60614

    MSRP $80,150
    selling price $69,995
    MF .00170
    net cap cost $73,776.74 (is $3,781.74 over sale price=$925 acquisition fee+$2$2,856.74 in up front taxes).
    Monthly $985.97

    I have done zero negotiating so far. I know the MF should be .00130 so I'll get back to him on that.  what I am wondering is what this thing should sell for?  I have never felt with a demo before.

    i will also ask him to roll the taxes into the lease.

    thanks
    and please help

    The 5200 miles should help you get a better selling price (though you are already $10K off sticker), but the residual value will drop as well (at .20/mile, or about $1000). Yes, MF is marked up the max on you - that will save you some money per month.

    He came down to .00130. Now with a payment of $933.98. 

    Does rs this sound right?

    now the last thing is price. What should this car sell for?

    thanks!
  • kyfdxkyfdx Moderator Posts: 266,106


    Michaell said:

    Please help if this is a good deal 

    demo 2015 X5 50i with 5,200 miles. I live in Chicago 60614

    MSRP $80,150
    selling price $69,995
    MF .00170
    net cap cost $73,776.74 (is $3,781.74 over sale price=$925 acquisition fee+$2$2,856.74 in up front taxes).
    Monthly $985.97

    I have done zero negotiating so far. I know the MF should be .00130 so I'll get back to him on that.  what I am wondering is what this thing should sell for?  I have never felt with a demo before.

    i will also ask him to roll the taxes into the lease.

    thanks
    and please help

    The 5200 miles should help you get a better selling price (though you are already $10K off sticker), but the residual value will drop as well (at .20/mile, or about $1000).

    Yes, MF is marked up the max on you - that will save you some money per month.

    He came down to .00130. Now with a payment of $933.98. 

    Does rs this sound right?

    now the last thing is price. What should this car sell for?

    thanks!

    What term and mileage allowance?

    How much due at signing?

    Are you actually in Chicago? I think Chicago taxes the lease payment, in addition to the upfront taxes from the State of Illinois. (so, hopefully not).

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  • csnyder335icsnyder335i Member Posts: 50
    kchopra said:
    Hello, I was my first communication with the BMW folks and here is what they are giving for lease: MSRP - 67000 Selling Price - 57225 36 Months 10K Miles With Zero Down - 834$/Month With 6833$ Down - 650$/Month Per them residual is 58%
    Was the 57k discounted with you down payment or was that the price straight up?
  • csnyder335icsnyder335i Member Posts: 50
    $708 per month(San Francisco County Tax included).
    Can you share the dealers and SA name?   I'm in need of a dealer that is willing to work with me.   I'm willing to travel and drive the car home.   Currently in AZ.  
  • csnyder335icsnyder335i Member Posts: 50
    Can someone post the base bank fee for BMWFS?  If use to be 725 but that was 3 years ago.  I just read that The upped it to 925 and do not allow the dealer to inflate in any more.   Any truth to that.   If so they need to do that with the MF too.  Last time I leased about 3 years ago I had no issue getting the MF and bank fee to base #s but this time it's been a fight.  Currently looking outside my state of AZ for pickup.   What a pain!
  • MichaellMichaell Moderator Posts: 262,635

    Can someone post the base bank fee for BMWFS?  If use to be 725 but that was 3 years ago.  I just read that The upped it to 925 and do not allow the dealer to inflate in any more.   Any truth to that.   If so they need to do that with the MF too.  Last time I leased about 3 years ago I had no issue getting the MF and bank fee to base #s but this time it's been a fight.  Currently looking outside my state of AZ for pickup.   What a pain!

    Yes, BMWFS increased the acquisition fee to $925 but do not allow the dealer to mark it up.

    I suspect with all the internet friendly pricing information available the MF is one area where the dealer still has the ability to make some money on the deal. Keep searching; it only takes one dealer to meet your terms.

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  • csnyder335icsnyder335i Member Posts: 50
    Michaell said:
    Can someone post the base bank fee for BMWFS?  If use to be 725 but that was 3 years ago.  I just read that The upped it to 925 and do not allow the dealer to inflate in any more.   Any truth to that.   If so they need to do that with the MF too.  Last time I leased about 3 years ago I had no issue getting the MF and bank fee to base #s but this time it's been a fight.  Currently looking outside my state of AZ for pickup.   What a pain!
    Yes, BMWFS increased the acquisition fee to $925 but do not allow the dealer to mark it up. I suspect with all the internet friendly pricing information available the MF is one area where the dealer still has the ability to make some money on the deal. Keep searching; it only takes one dealer to meet your terms.
    Thanks for the update.   They make enough on doc fees and servicing the cars, not to mention the undisclosed hold backs.  :).  Just imagine if standard stores worked this way.  It's so frustrating that they try to make profit in every facet of the deal.   An educated buyer is the only offense for a greedy car dealer.  
  • pacdecimalpacdecimal Member Posts: 39



    $708 per month(San Francisco County Tax included).

    Can you share the dealers and SA name?   I'm in need of a dealer that is willing to work with me.   I'm willing to travel and drive the car home.   Currently in AZ.  

    Sonnen BMW (San Rafael) Jim L(Internet Manager). Checkout their inventory to see if there's one for your liking, then send them a email. Good Luck.
  • pacdecimalpacdecimal Member Posts: 39
    Basically I looked at existing inventory from dealers within the Bay Area. Sonnen had a lot more than any dealers within 20-miles radius of San Francisco, so I emailed the internet manager with request for sales price and lease details. All wanted to bump the MF, however, I specifically stated no deal unless .00130 or .00081 with 7 MSD's(which we took). Good Luck.
  • csnyder335icsnyder335i Member Posts: 50
    Are the new X5 numbers out for October?   Thanks!
  • MichaellMichaell Moderator Posts: 262,635

    Are the new X5 numbers out for October?   Thanks!

    .00134 and 55% for 36/15 on all 2015 X5's.

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  • csnyder335icsnyder335i Member Posts: 50
    Michaell said:
    Are the new X5 numbers out for October?   Thanks!
    .00134 and 55% for 36/15 on all 2015 X5's.
    Same for 2016s?  

    Thanks again!
  • kyfdxkyfdx Moderator Posts: 266,106


    Michaell said:

    Are the new X5 numbers out for October?   Thanks!

    .00134 and 55% for 36/15 on all 2015 X5's.

    Same for 2016s?  

    Thanks again!

    Yes.. but with $1500 option credit.

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  • csnyder335icsnyder335i Member Posts: 50
    edited October 2015
    Been looking for an 2015 X5 and was working on a deal with an out of state dealer.   He sent me the deal but no MF numbers.  He had already agreed to the .00134 MF but I could not figure out what he was doing so I sent him mine.   He responded that .00134 is the Buy Rate which I don't know what he is talking about.  Maybe he means base rate.   But whatever!   He was very displease and said that the rate was not negotiable which I wrote
    back it was and had gotten the base every time I have leased.   He also discounted the car to about 1500 under invoice (2015) but that's with the build cash which was not shard in his email and I already to him to give me his best deal before discounting the 1500. He says it not a rebate.  The price was good but I can't do business with someone that lies to me and then tries to pool the wool over my eyes.  

    does anyone know what he means by buy rate?

    36/10k
    MSRP 69625
    Sales price 63190 (including 1500 build)
    Fees rolled in 1,453.75 (doc, title, BF)
    cash down $2500 (which I would never do)
    tax 8.1%
    payment 875 no idea how he got that.  




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