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2016 BMW X5 Lease Questions

trexbmwtrexbmw Member Posts: 2
edited April 2016 in BMW
MSRP $68,350
Purchase Price 60,150
Doc fee + Taxes $63,420
No money down
Monthly payment of $795
Residual Amount of $41,037

Is this a good lease deal?

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    kyfdxkyfdx Moderator Posts: 241,293
    trexbmw said:

    MSRP $68,350
    Purchase Price 60,150
    Doc fee + Taxes $63,420
    No money down
    Monthly payment of $795
    Residual Amount of $41,037

    Is this a good lease deal?

    12K mi/yr?

    .00135 MF and 60% residual.

    At that price, I show $763/mo.

    Which state where you pay taxes upfront?

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    trexbmwtrexbmw Member Posts: 2
    Yes 12k/yr ,purchase in Virginia, titled in DC.
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    chicagofan2chicagofan2 Member Posts: 3
    First off, thank you for providing a terrific service.

    I'm looking at a 2016 BMW X5 xdrive35i.  Will you tell me what you think of the following?

    Location: IL

    Lease Miles = 12K/Year

    Lease Term = 36 Months

    MSRP = 71,029

    Net cap cost = 69657 (tax capped)

    Residual = 41,908

    MF = .00168

    Down = 0

    Monthly Payment including tax = 960 per month

    At inception pay = first payment, 169.27 doc fee, 221 for license plates.

    Again,  thank you!

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    MichaellMichaell Moderator Posts: 244,121

    First off, thank you for providing a terrific service.

    I'm looking at a 2016 BMW X5 xdrive35i.  Will you tell me what you think of the following?

    Location: IL

    Lease Miles = 12K/Year

    Lease Term = 36 Months

    MSRP = 71,029

    Net cap cost = 69657 (tax capped)

    Residual = 41,908

    MF = .00168

    Down = 0

    Monthly Payment including tax = 960 per month

    At inception pay = first payment, 169.27 doc fee, 221 for license plates.

    Again,  thank you!

    I'm at $958/mo with those numbers, so pretty close to your quote.

    However, the MF is marked up from the base of .00138 - that is adding about $30-35/mo to your payment.

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    chicagofan2chicagofan2 Member Posts: 3
    Thank you very much.  A couple of questions if you don't mind:
    1. Do you think I am getting a good deal (% off msrp)
    2. The net cap cost has 925 of acquisition fee in it.  Is this typical?
    3. Do dealers ever give the base mf?
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    MichaellMichaell Moderator Posts: 244,121

    Thank you very much.  A couple of questions if you don't mind:
    1. Do you think I am getting a good deal (% off msrp)
    2. The net cap cost has 925 of acquisition fee in it.  Is this typical?
    3. Do dealers ever give the base mf?

    1. We don't track selling prices, but for BMW, 5-7% off sticker is a decent discount
    2. $925 acquisition fee is standard with all BMW leases
    3. Yes, we have folks posting their deal details all the time where the base MF is used

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    chicagofan2chicagofan2 Member Posts: 3
    Terrific. Thank you, again, for your help.
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    gatorsf76gatorsf76 Member Posts: 42
    Can someone provide the May 2016 MF and residuals for 3.5 xdrive and a 3.5 diesel

    15k miles, 36 month and 39 month

    Thank you in advance
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    MichaellMichaell Moderator Posts: 244,121
    gatorsf76 said:

    Can someone provide the May 2016 MF and residuals for 3.5 xdrive and a 3.5 diesel

    15k miles, 36 month and 39 month

    Thank you in advance

    .00138 and 57% for 36/15. 39 month residuals aren't worth mentioning.

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    gatorsf76gatorsf76 Member Posts: 42
    Michaell said:

    gatorsf76 said:

    Can someone provide the May 2016 MF and residuals for 3.5 xdrive and a 3.5 diesel

    15k miles, 36 month and 39 month

    Thank you in advance

    .00138 and 57% for 36/15. 39 month residuals aren't worth mentioning.
    Thanks!
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    urodave1urodave1 Member Posts: 7
    2016 x5 40e quote as follows.
     Purchase price 67,182
    36 mo, 12k miles is with MSD (7x915$)
    zero down
    residual 40,209
    cap cost 0
    914/month

    is that decent?
       
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    kyfdxkyfdx Moderator Posts: 241,293
    urodave1 said:

    2016 x5 40e quote as follows.
     Purchase price 67,182
    36 mo, 12k miles is with MSD (7x915$)
    zero down
    residual 40,209
    cap cost 0
    914/month

    is that decent?
       

    What is the MSRP?

    What money factor are they using after MSDs?

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    urodave1urodave1 Member Posts: 7
    69,325
    no money factor was given
    This was on the lease pricing retail sheet after I decided on the build

    Selling price after preferred customer discount is 66504
    sales tax 2574
    dealer business tax 134
    dealer fees 479
    tags and fees 991
    rebate 3500

    that gives the total purchase price 67182
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    kyfdxkyfdx Moderator Posts: 241,293
    urodave1 said:

    69,325
    no money factor was given
    This was on the lease pricing retail sheet after I decided on the build

    Selling price after preferred customer discount is 66504
    sales tax 2574
    dealer business tax 134
    dealer fees 479
    tags and fees 991
    rebate 3500

    that gives the total purchase price 67182

    Okay, so $67,182 is the adjusted CAP cost.

    Using an MF of .00089 (.00138 - .00049) = $845/mo.

    I assume you are at $915/mo.?

    There must be some other charges involved.. because even a maximum MF markup of .00040 only gets you to $888/mo.

    So, something is off.. way off.

    Also, MSD amounts are rounded up to the next $50 increment. So at $915/mo, it would be 7 X $950.

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    urodave1urodave1 Member Posts: 7
    Thank you so much. I will definitely look into it...it seemed that monthly lease of 914 was high AFTER maximizing the MSD purchase.
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    urodave1urodave1 Member Posts: 7
    Was told the money factor was .00131 
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    MichaellMichaell Moderator Posts: 244,121
    urodave1 said:

    Was told the money factor was .00131 

    This is after applying the MSD? Then it was marked up ... the base MF is .00138; after MSD, .00089.

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    urodave1urodave1 Member Posts: 7
    Does the mileage make a difference? 12 k lease vs 10 k
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    MichaellMichaell Moderator Posts: 244,121
    urodave1 said:

    Does the mileage make a difference? 12 k lease vs 10 k

    Mileage only affects the residual, not the MF.

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    urodave1urodave1 Member Posts: 7
    Got it , thank you. It's interesting. If you go to the BMW website lease calculator and adjust the numbers so it is based on around 67000, it comes out to 953/mo. I wonder if the MSD brings it to 914/mo
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    MichaellMichaell Moderator Posts: 244,121
    urodave1 said:

    Got it , thank you. It's interesting. If you go to the BMW website lease calculator and adjust the numbers so it is based on around 67000, it comes out to 953/mo. I wonder if the MSD brings it to 914/mo

    Yeah, $40-50/mo savings is about right ...

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    urodave1urodave1 Member Posts: 7
    Well thank you so much for all your help. I will sit down with the numbers guy at the dealership and see what I can do. Your advice on this forum is fantastic.
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    jddssc121jddssc121 Member Posts: 151
    Michaell said:

    Thank you very much.  A couple of questions if you don't mind:
    1. Do you think I am getting a good deal (% off msrp)
    2. The net cap cost has 925 of acquisition fee in it.  Is this typical?
    3. Do dealers ever give the base mf?

    1. We don't track selling prices, but for BMW, 5-7% off sticker is a decent discount
    2. $925 acquisition fee is standard with all BMW leases
    3. Yes, we have folks posting their deal details all the time where the base MF is used
    $795 is base acquisition..... $925 is marked up
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    MichaellMichaell Moderator Posts: 244,121
    jddssc121 said:


    Michaell said:

    Thank you very much.  A couple of questions if you don't mind:
    1. Do you think I am getting a good deal (% off msrp)
    2. The net cap cost has 925 of acquisition fee in it.  Is this typical?
    3. Do dealers ever give the base mf?

    1. We don't track selling prices, but for BMW, 5-7% off sticker is a decent discount
    2. $925 acquisition fee is standard with all BMW leases
    3. Yes, we have folks posting their deal details all the time where the base MF is used
    $795 is base acquisition..... $925 is marked up
    No. BMW reset the acquisition fee earlier this year. Now $925, and the dealer is not allowed to mark it up.

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    jddssc121jddssc121 Member Posts: 151
    Michaell said:

    jddssc121 said:


    Michaell said:

    Thank you very much.  A couple of questions if you don't mind:
    1. Do you think I am getting a good deal (% off msrp)
    2. The net cap cost has 925 of acquisition fee in it.  Is this typical?
    3. Do dealers ever give the base mf?

    1. We don't track selling prices, but for BMW, 5-7% off sticker is a decent discount
    2. $925 acquisition fee is standard with all BMW leases
    3. Yes, we have folks posting their deal details all the time where the base MF is used
    $795 is base acquisition..... $925 is marked up
    No. BMW reset the acquisition fee earlier this year. Now $925, and the dealer is not allowed to mark it up.
    DOH! I didn't know that. thanks for the info!


    since i have your attention :)

    can you share the #'s for a 2016 @ 36/15. Both ///M and non-///M (don't think there is a difference between the 50 and the 35?).


    Thank you!
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    kyfdxkyfdx Moderator Posts: 241,293
    jddssc121 said:

    Michaell said:

    jddssc121 said:


    Michaell said:

    Thank you very much.  A couple of questions if you don't mind:
    1. Do you think I am getting a good deal (% off msrp)
    2. The net cap cost has 925 of acquisition fee in it.  Is this typical?
    3. Do dealers ever give the base mf?

    1. We don't track selling prices, but for BMW, 5-7% off sticker is a decent discount
    2. $925 acquisition fee is standard with all BMW leases
    3. Yes, we have folks posting their deal details all the time where the base MF is used
    $795 is base acquisition..... $925 is marked up
    No. BMW reset the acquisition fee earlier this year. Now $925, and the dealer is not allowed to mark it up.
    DOH! I didn't know that. thanks for the info!


    since i have your attention :)

    can you share the #'s for a 2016 @ 36/15. Both ///M and non-///M (don't think there is a difference between the 50 and the 35?).


    Thank you!
    All .00138 MF and 57% residual

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    jddssc121jddssc121 Member Posts: 151
    thanks. actually now that i think about it more, can you share for 24/15 as well? Thank you again!
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    MichaellMichaell Moderator Posts: 244,121
    jddssc121 said:

    thanks. actually now that i think about it more, can you share for 24/15 as well? Thank you again!

    63%

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    lexusonulexusonu Member Posts: 41
    Hi. Looking for MF and RV 2016 M5. 36/12. Thank you.
    Any incentives ? Cash back ?
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    MichaellMichaell Moderator Posts: 244,121
    lexusonu said:

    Hi. Looking for MF and RV 2016 M5. 36/12. Thank you.
    Any incentives ? Cash back ?

    M5 or X5M?

    X5M - .00136 and 58%. $2000 option allowance.

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    lexusonulexusonu Member Posts: 41
    Thanks. What about RV and MF for base 2016 X5 ? 36/12. Incentives ??
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    MichaellMichaell Moderator Posts: 244,121
    lexusonu said:

    Thanks. What about RV and MF for base 2016 X5 ? 36/12. Incentives ??

    .00136 and 58%. $2000 option allowance.

    Edmunds Price Checker
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