2015 BMW X5 lease....how does this offer compare

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  • xxrobo818xx3xxrobo818xx3 Member Posts: 98
    Someone please calculate 2015 x5 xdrive 35 36/10k msrp 60100 selling 55700 I want to put 3k total out of pocket
  • MichaellMichaell Moderator Posts: 252,947
    r0bh said:

    Someone please calculate 2015 x5 xdrive 35 36/10k msrp 60100 selling 55700 I want to put 3k total out of pocket

    I get $679/mo with those numbers (59% and .00128), assuming the $3K goes to up front costs and fees.

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  • xxrobo818xx3xxrobo818xx3 Member Posts: 98
    Thanks you mean 3k including drive off correct? And also that 679 does not include monthly tax correct?
  • MichaellMichaell Moderator Posts: 252,947
    r0bh said:

    Thanks you mean 3k including drive off correct? And also that 679 does not include monthly tax correct?

    Yes, and yes.

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  • danelmixdanelmix Member Posts: 27
    I got this offer from a dealer. First the dealer is cutting me a check for 3150 to pay off my Mercedes lease which is at mileage now. So rather than invest in purchased mile or tires, giving back 5 months early.
    Qoute from dealer NJ (tax upfront)
    :On a 36 month lease with 12K miles per year and just inceptions out of pocket (1st Month and Fees) of $2550 you monthly would be $889

    X5 Residual is 58% MSRP is $61,000 Selling price is $58,000

    Thanks,Dan
  • MichaellMichaell Moderator Posts: 252,947
    danelmix said:

    I got this offer from a dealer. First the dealer is cutting me a check for 3150 to pay off my Mercedes lease which is at mileage now. So rather than invest in purchased mile or tires, giving back 5 months early.
    Qoute from dealer NJ (tax upfront)
    :On a 36 month lease with 12K miles per year and just inceptions out of pocket (1st Month and Fees) of $2550 you monthly would be $889

    X5 Residual is 58% MSRP is $61,000 Selling price is $58,000

    Thanks,Dan

    .00128 and 58% for 36/12. Using your MSRP and selling price, I get a payment of $747.86 before tax.

    So ... either the MF is marked up, or the net cap cost is higher than the selling price. Gotta find out which - could be both.

    If I were you, I'd also take the time to find out the payoff and trade value of the Mercedes ... them "paying off" the remaining payments may not be a good deal for you.

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  • danelmixdanelmix Member Posts: 27
    Thanks, Already looked, my payoff is garbage, 5, 000 above what its trade value. No one will touch it. The extra miles would cost me 2k, tires, brakes 1.5k, not worth it.

    Is your calculation with the 3,150 the dealer is cutting me back. And how would the Net Cap cost be be higher.
    Thx
  • MichaellMichaell Moderator Posts: 252,947
    danelmix said:

    Thanks, Already looked, my payoff is garbage, 5, 000 above what its trade value. No one will touch it. The extra miles would cost me 2k, tires, brakes 1.5k, not worth it.

    Is your calculation with the 3,150 the dealer is cutting me back. And how would the Net Cap cost be be higher.
    Thx

    My calculation used the MSRP and selling price you provided. Net cap may be different if you're rolling in bank fee, dealer fee, etc.

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  • bmwx5fan1bmwx5fan1 Member Posts: 11
    Have lease numbers for September-looking at a 2015 x5diesel
    thanks
  • MichaellMichaell Moderator Posts: 252,947
    bmwx5fan1 said:

    Have lease numbers for September-looking at a 2015 x5diesel
    thanks

    .00130 and 55%

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  • bmwx5fan1bmwx5fan1 Member Posts: 11
    Any change in the lease numbers for the 2015 x5 diesel for October? Thank you
  • MichaellMichaell Moderator Posts: 252,947
    bmwx5fan1 said:

    Any change in the lease numbers for the 2015 x5 diesel for October? Thank you

    No 2015 X5 lease information for October ... yet

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  • kyfdxkyfdx Moderator Posts: 254,348
    bmwx5fan1 said:

    Any change in the lease numbers for the 2015 x5 diesel for October? Thank you

    .00134 MF and 55% residual for 36mo, 15K/yr

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  • bmwx5fan1bmwx5fan1 Member Posts: 11
    Appreciate help with lease on a '15 x5

    MSRP 72,070
    Sales Price 64,070
    Cap Cost incl va tax 68,316
    Residual at 36 months $41,801
    36 month, 10K miles
    No money down
    MF .00195 (can do 7 msd for total of $6650 to get MF to .00146 and save $50 per month)

    $925 after MF reduction v $976 without MF reduction


  • MichaellMichaell Moderator Posts: 252,947
    bmwx5fan1 said:

    Appreciate help with lease on a '15 x5

    MSRP 72,070
    Sales Price 64,070
    Cap Cost incl va tax 68,316
    Residual at 36 months $41,801
    36 month, 10K miles
    No money down
    MF .00195 (can do 7 msd for total of $6650 to get MF to .00146 and save $50 per month)

    $925 after MF reduction v $976 without MF reduction


    MF is marked way up .. base this month is .00134 (.00085 after MSD).

    Using the base rate of .00134, I get $884/mo. With MSD reduction, $830/mo.

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  • bmwx5fan1bmwx5fan1 Member Posts: 11
    Thanks, I appreciate that information and have asked about the MF. Huge difference. I assume like everything that is negotiable?
  • MichaellMichaell Moderator Posts: 252,947
    bmwx5fan1 said:

    Thanks, I appreciate that information and have asked about the MF. Huge difference. I assume like everything that is negotiable?

    Dealer is allowed to mark up the MF ... tell them (politely but firmly) that you won't sign a deal with an inflated MF.

    Reach out to multiple dealers ... only takes one to make a deal on your terms.

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  • bmwx5fan1bmwx5fan1 Member Posts: 11
    Sounds good, really appreciate the advice.
  • mvp2133mvp2133 Member Posts: 9
    Hello, I am looking for the MF and Residual for a 2015 BMW X5 xDrive 35d for a lease term of 36 months for both 10k and 12k miles a year. Also any additional incentives besides the $2k buildout and $1k grad discounts?
    Thanks in advance.
  • MichaellMichaell Moderator Posts: 252,947
    mvp2133 said:

    Hello, I am looking for the MF and Residual for a 2015 BMW X5 xDrive 35d for a lease term of 36 months for both 10k and 12k miles a year. Also any additional incentives besides the $2k buildout and $1k grad discounts?
    Thanks in advance.

    .00138 and 52% / 51%.

    I see no other incentives other than the $2K buildout.

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