2016 BMW X5 Lease Questions

trexbmw

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?

kyfdx

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?

trexbmw

Yes 12k/yr ,purchase in Virginia, titled in DC.

chicagofan2

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!

Michaell

chicagofan2 said:

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.

chicagofan2

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?

Michaell

chicagofan2 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

chicagofan2

Terrific. Thank you, again, for your help.

gatorsf76

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

Michaell

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.

gatorsf76

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!

urodave1

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?
   

kyfdx

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?

urodave1

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

kyfdx

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.

urodave1

Thank you so much. I will definitely look into it...it seemed that monthly lease of 914 was high AFTER maximizing the MSD purchase.

urodave1

Was told the money factor was .00131 

Michaell

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.

urodave1

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

Michaell

urodave1 said:

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

Mileage only affects the residual, not the MF.

urodave1

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

Michaell

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 ...

urodave1

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.

jddssc121

Michaell said:

chicagofan2 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

Michaell

jddssc121 said:

Michaell said:

chicagofan2 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.

jddssc121

Michaell said:

jddssc121 said:

Michaell said:

chicagofan2 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!

kyfdx

jddssc121 said:

Michaell said:

jddssc121 said:

Michaell said:

chicagofan2 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

jddssc121

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

Michaell

jddssc121 said:

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

63%

lexusonu

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

Michaell

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.

lexusonu

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

Michaell

lexusonu said:

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

.00136 and 58%. $2000 option allowance.