2015 BMW X5 Lease Questions

lmoney783

I wonder if there will be a Black Friday extra incentive or similar 

kyfdx

jojo9976 said:

Hello,

I need some help on lease numbers for a 2016 X5. I'm looking at a demo model with about 1300 miles on it (at about a 12% discount before incentives). They have quoted me a MF of .00131, which appears is correct, but they are quoting a 55% residual off the MSRP on a 36/15 lease. Being a demo with over 1k miles, does this residual amount seem accurate?

Thanks!

That is the base residual. The reduction is $0.20-$0.30 per mile, so the actual residual will be $250-$400 less than that number.

lmoney783

I too wonder if there will be a Black Friday incentive. Is this common in the past?

Michaell

lmoney783 said:

I too wonder if there will be a Black Friday incentive. Is this common in the past?

Don't know what BMW plans to do after the holiday later this week.

cbarba80

I was wondering what was the latest MF and Residual for a lease on a 2015 x5 with convenience package, of 36mo/12k lease?

kyfdx

cbarba80 said:

I was wondering what was the latest MF and Residual for a lease on a 2015 x5 with convenience package, of 36mo/12k lease?

.00131 MF and 55% residual. $2000 Novemberfest adder

jeremipdx

Hey Everyone, I found what seems to be a pretty decent "managers special" on a '15 X5. MSRP 65,795 - Sale price 56,795 (including all available incentives). I'm new to leasing, and have been trying to learn the math. What should my target lease price be for 36month 15k/year? I'm coming up with about $694 with zero down if I am doing my math right. Second question, are MSD's worth it. How much can I save on my monthly payments. Thanks is advance! --Jeremi

Michaell

jeremipdx said:

Hey Everyone, I found what seems to be a pretty decent "managers special" on a '15 X5. MSRP 65,795 - Sale price 56,795 (including all available incentives). I'm new to leasing, and have been trying to learn the math. What should my target lease price be for 36month 15k/year? I'm coming up with about $694 with zero down if I am doing my math right. Second question, are MSD's worth it. How much can I save on my monthly payments. Thanks is advance! --Jeremi

.00131 and 53% for 36/15 on the 2015 X5.

Using your MSRP and sale prices, I get $729/mo + tax with $0 down.

Yes, MSDs are worth it - if you max out the MSD, the pre-tax payment drops to $684/mo. And, you get your MSD monies back at the end of the lease.

lmoney783

Hi All..i am a little nervous that my dealer is not taking off the full fleet discount for me... the dealer said they are taking off $500 dollars from the out of pocket and $10 a month for the fleet discount. (20 bps). I am also doing the MSD... does this sound right?

Michaell

lmoney783 said:

Hi All..i am a little nervous that my dealer is not taking off the full fleet discount for me... the dealer said they are taking off $500 dollars from the out of pocket and $10 a month for the fleet discount. (20 bps). I am also doing the MSD... does this sound right?

We don't have any information on the fleet discount program, sorry.

If you provide the details of your lease (MSRP, selling price, lease term and miles per year) we can figure out if the MF is marked up or not.

lmoney783

any December numbers or incentives on 2016 X35i?

Michaell

lmoney783 said:

any December numbers or incentives on 2016 X35i?

.00131 and 58% for 36/10. $1500 option credit.

lmoney783

no $1500 loyalty like last month?

lmoney783

hi guys.. curious if anyone here used MSD's before.. any disadvantages beyond if you transfer your lease? how about wear and tear or stolen or totaled car? do they take that away? any experiences?

Michaell

lmoney783 said:

hi guys.. curious if anyone here used MSD's before.. any disadvantages beyond if you transfer your lease? how about wear and tear or stolen or totaled car? do they take that away? any experiences?

Rarely is the MSD monies not returned to you in total. Unless you really trash your car during the lease term.

If the car is stolen or totaled, the MSDs are returned to you (unlike a down payment).

kyfdx

lmoney783 said:

no $1500 loyalty like last month?

$1500 Loyalty is still there for the 2016 X5.

Please ask 2016 questions, here:

http://forums.edmunds.com/discussion/37218/bmw/x5/2016-bmw-x5-lease-questions#latest

kyfdx

lmoney783 said:

hi guys.. curious if anyone here used MSD's before.. any disadvantages beyond if you transfer your lease? how about wear and tear or stolen or totaled car? do they take that away? any experiences?

Your end-of-lease charges are not affected by the size of your security deposit. You owe what you owe.

eugeniusk

This deal they are offering me on a 2015 X5 diesel seems a bit high. The MF is probably the issue... but they said they always mark it up like this.

MSRP $68,145 Adjusted price $66,145

36 month /10k lease Residual 56% money factor .00171 $3k down $1,065.98 $5k down $1,004.69 $7k down $943.43 The payments include the monthly tax. The amount down quoted includes first month's payment and licensing fees. The rest is cap reduction.

Michaell

eugeniusk said:

This deal they are offering me on a 2015 X5 diesel seems a bit high. The MF is probably the issue... but they said they always mark it up like this.

MSRP $68,145 Adjusted price $66,145

36 month /10k lease Residual 56% money factor .00171 $3k down $1,065.98 $5k down $1,004.69 $7k down $943.43 The payments include the monthly tax. The amount down quoted includes first month's payment and licensing fees. The rest is cap reduction.

MF is marked up ... base is .00131. We don't recommend making a down payment on a lease; that money is at risk if the car is stolen or totaled.

There is $3500 of incentive money available on the 2015 X5 diesel, so you aren't seeing much of a discount, either.

Not a good deal, any way you cut it.

eugeniusk

Michaell said:

eugeniusk said:

This deal they are offering me on a 2015 X5 diesel seems a bit high. The MF is probably the issue... but they said they always mark it up like this.

MSRP $68,145 Adjusted price $66,145

36 month /10k lease Residual 56% money factor .00171 $3k down $1,065.98 $5k down $1,004.69 $7k down $943.43 The payments include the monthly tax. The amount down quoted includes first month's payment and licensing fees. The rest is cap reduction.

MF is marked up ... base is .00131. We don't recommend making a down payment on a lease; that money is at risk if the car is stolen or totaled.

There is $3500 of incentive money available on the 2015 X5 diesel, so you aren't seeing much of a discount, either.

Not a good deal, any way you cut it.

Huh, they did not mention any incentive on the diesel, only on the hybrid model.

moarpwr

Anyone can tell me this is a good price. 2015 BMW X5 35d $62700 MSRP Sell price is $55700. He is quoting residual at 55% $34485. 36 month 12k. $875 a month including doc, sales tax, dmv/registration fees.

moarpwr

moarpwr said:

Anyone can tell me this is a good price. 2015 BMW X5 35d $62700 MSRP Sell price is $55700. He is quoting residual at 55% $34485. 36 month 12k. $875 a month including doc, sales tax, dmv/registration fees.

I also own an existing BMW which I think gives me the loyalty credit. I think NJ DMV fees are registration, title luxury tax. Which comes out to around $500. Thank you in advance.

Michaell

moarpwr said:

moarpwr said:

Anyone can tell me this is a good price. 2015 BMW X5 35d $62700 MSRP Sell price is $55700. He is quoting residual at 55% $34485. 36 month 12k. $875 a month including doc, sales tax, dmv/registration fees.

I also own an existing BMW which I think gives me the loyalty credit. I think NJ DMV fees are registration, title luxury tax. Which comes out to around $500. Thank you in advance.

With your numbers (55% residual for 36/15 and .00131), I get $708/mo + tax.

Find out what the net cap cost is - if higher than the sell price, ask what's been added.

kdrareg

Can you please provide Feb-16 MF and RV for 2015 X5 sdrive and xdrive? 12K/36mos.
I am considering a couple factor demos.
I read there is $2000 customer cash incentive. Does that apply to 2015 too or just 2016? Thank you.

Michaell

kdrareg said:

Can you please provide Feb-16 MF and RV for 2015 X5 sdrive and xdrive? 12K/36mos.
I am considering a couple factor demos.
I read there is $2000 customer cash incentive. Does that apply to 2015 too or just 2016? Thank you.

.00132 and 53%. $2000 buildout allowance.

kdrareg

Thank you.

brianbmwmfan

Hi - can anyone please share updated money factor and residual on 2016 BMW X5 35d (x drive), $65K MSRP, $59K purchase price, 10K miles/36 mos? What would the payment be with $5K and $10K down? Thanks.

mcervinojr

Looking for some feedback on the lease deal I received. Sign the lease paperwork on Monday.

2016 X5 xDrive50i (Car has 4,400 Executive Demo Miles)
Mineral White / Mocha Leather
M Sport Package
20" 469M Wheels
Executive Package
Cold Weather Package
Driver Assistance Plus
Lighting Package
Mocha Interior Package
SPACE-SAVER SPARE
STOP & GO + ACTIVE DRIVING ASSISTANT
MOCHA NAPPA LEATHER PACKAGE W/M SPORT
FINELINE PURE WOOD TRIM
FRONT VENTILATED SEATS

MSRP $86,495.00
Negotiated $74,846 (10% off MSRP + 3,000 BMW Incentives)
$3,000 Out of Pocket (Includes first month payment etc.)
$848 On Existing Trade (MB 2011 GL450)

36 Month Lease / 12,000 Per Year
$850 / Month

What do you think?

Michaell

brianbmwmfan said:

Hi - can anyone please share updated money factor and residual on 2016 BMW X5 35d (x drive), $65K MSRP, $59K purchase price, 10K miles/36 mos? What would the payment be with $5K and $10K down? Thanks.

Please post your 2016 questions here:

http://forums.edmunds.com/discussion/37218/bmw/x5/2016-bmw-x5-lease-questions#latest

Michaell

mcervinojr said:

Looking for some feedback on the lease deal I received. Sign the lease paperwork on Monday.

2016 X5 xDrive50i (Car has 4,400 Executive Demo Miles)
Mineral White / Mocha Leather
M Sport Package
20" 469M Wheels
Executive Package
Cold Weather Package
Driver Assistance Plus
Lighting Package
Mocha Interior Package
SPACE-SAVER SPARE
STOP & GO + ACTIVE DRIVING ASSISTANT
MOCHA NAPPA LEATHER PACKAGE W/M SPORT
FINELINE PURE WOOD TRIM
FRONT VENTILATED SEATS

MSRP $86,495.00
Negotiated $74,846 (10% off MSRP + 3,000 BMW Incentives)
$3,000 Out of Pocket (Includes first month payment etc.)
$848 On Existing Trade (MB 2011 GL450)

36 Month Lease / 12,000 Per Year
$850 / Month

What do you think?

Please post your 2016 questions here:

http://forums.edmunds.com/discussion/37218/bmw/x5/2016-bmw-x5-lease-questions#latest

whoknew01

Hi, our local dealer has a bunch (20+ between two locations) of leftover 2015 X5 35i's on their lot. Can you tell me what March MF & RV are for 36 mo / 15k lease?

Also, does BMW have any current rebates, incentives or loyalty offers going on?

Lastly, how much off MSRP should we expect with this being a 2015 leftover. MSRP is $60,775. Without askiing they offered 15% ($3,875).

When I asked what MF & RV their number was based on they said .00175 (which has to be marked up bc this dealership is notorious for doing that) & circled the RV $$$ on the quote instead of telling me what the % was. When I pushed they said 45%; which again, sounds horrible.

Can you help by providing current info? Thanks so much!

kyfdx

whoknew01 said:

Hi, our local dealer has a bunch (20+ between two locations) of leftover 2015 X5 35i's on their lot. Can you tell me what March MF & RV are for 36 mo / 15k lease?

Also, does BMW have any current rebates, incentives or loyalty offers going on?

Lastly, how much off MSRP should we expect with this being a 2015 leftover. MSRP is $60,775. Without askiing they offered 15% ($3,875).

When I asked what MF & RV their number was based on they said .00175 (which has to be marked up bc this dealership is notorious for doing that) & circled the RV $$$ on the quote instead of telling me what the % was. When I pushed they said 45%; which again, sounds horrible.

Can you help by providing current info? Thanks so much!

.00135 MF and 51% residual. $2000 buildout cash.

Are they service loaners? Executive leases? Demos?

whoknew01

Thank you. No, these are true 2105 left-overs. What should we be able to expect to get discounted off MSRP beyond the 15% they offered up?

Michaell

whoknew01 said:

Thank you. No, these are true 2105 left-overs. What should we be able to expect to get discounted off MSRP beyond the 15% they offered up?

We don't track transaction prices here ... but, if they started at 15%, why not try for 20%?

kyfdx

whoknew01 said:

Thank you. No, these are true 2105 left-overs. What should we be able to expect to get discounted off MSRP beyond the 15% they offered up?

Well... 45% isn't the correct residual, so something is up, or they aren't using BMWFS, and either way, that raises a big reg flag.

Sit down with a sales manager and ask him what's up with these vehicles.

Patelshivam94

Can I get the April numbers please on 2015 X5 xDrive 35i 36 months / 15k miles per year.

Thank You.

kyfdx

Patelshivam94 said:

Can I get the April numbers please on 2015 X5 xDrive 35i 36 months / 15k miles per year.

Thank You.

.00135 MF and 51% residual. $2000 buildout allowance

dink43k

Does anyone know the April numbers for a 2015 X5 xDrive50i for 12K/36months? Residual and base MF please. Looking at a demo, so I understand there is also a .25cent/mile reduction in residual.
Thanks

Michaell

dink43k said:

Does anyone know the April numbers for a 2015 X5 xDrive50i for 12K/36months? Residual and base MF please. Looking at a demo, so I understand there is also a .25cent/mile reduction in residual.
Thanks

.00135 and 53%. $2000 buildout allowance.

CitznFish

Well, we got our X5 a week ago. We ended up getting the 2016 Space Gray X5 sDrive 35i M Sport with optional 20" m sport wheels, black dakota leather, and driver assistance and driver assistance plus.

The car stickered for $67,050. We got this down to $61,000. They gave us $500 for a trade in on a beaten to death 2000 camry.

Out the door we paid $5500. This inluded a $3000 refundable deposit. Our MF went from .00135 to .00107/ 60% residual at the end of the lease

36 mo/36.000 miles

$727

Already put almost 1000 miles on it and loved every mile.

I feel like we got a good deal. We couldn't wait until the end of the month or quarter to see if we could get more money off.

Despite me "feeling" like we got a good deal, does this look like a good deal? It may not be the absolute best, but again we couldn't wait. We were in negotiations with 4 other dealers and none of them came close to this price.

Michaell

CitznFish said:

Well, we got our X5 a week ago. We ended up getting the 2016 Space Gray X5 sDrive 35i M Sport with optional 20" m sport wheels, black dakota leather, and driver assistance and driver assistance plus.

The car stickered for $67,050. We got this down to $61,000. They gave us $500 for a trade in on a beaten to death 2000 camry.

Out the door we paid $5500. This inluded a $3000 refundable deposit. Our MF went from .00135 to .00107/ 60% residual at the end of the lease

36 mo/36.000 miles

$727

Already put almost 1000 miles on it and loved every mile.

I feel like we got a good deal. We couldn't wait until the end of the month or quarter to see if we could get more money off.

Despite me "feeling" like we got a good deal, does this look like a good deal? It may not be the absolute best, but again we couldn't wait. We were in negotiations with 4 other dealers and none of them came close to this price.

I think you did fine. The pleasure you get from driving it for the next 3 years will be there a lot longer than any feelings you got from making a 'great' deal.

bajsum4

Hi, My wife is a BMW employee and hence I am eligible for BMW employee discount..
One of the dealer is quoting this for 2016 X5 hybrid.. let me know if i can get any more discount

MRSP 70245
nvoice 64906.38
Discount 9000 ($6500 X5 hybrid rebate +$1000 loyalty credit + $1500 employee discount)
Sell Price 55906.38
Residual Value(10K) 0.6
Value after Lease End 42147
Lease Value 13759.38
MF 0.00088
Monthly Payment 481.10


Acquisition fee waive off + $0 Down + Tax and Fees upfront + 7 MSDs

hpforlife

bajsum4 said:

Hi, My wife is a BMW employee and hence I am eligible for BMW employee discount..
One of the dealer is quoting this for 2016 X5 hybrid.. let me know if i can get any more discount

MRSP 70245
nvoice 64906.38
Discount 9000 ($6500 X5 hybrid rebate +$1000 loyalty credit + $1500 employee discount)
Sell Price 55906.38
Residual Value(10K) 0.6
Value after Lease End 42147
Lease Value 13759.38
MF 0.00088
Monthly Payment 481.10


Acquisition fee waive off + $0 Down + Tax and Fees upfront + 7 MSDs

I don't think there is much meat if any meat left on the bone. Seems like a good deal to me.