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# 2013 and earlier BMW X5 Lease Questions

CarMan@Edmunds
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**38,515**
Hi everyone. Please use the following discussion to post any questions that you have about leasing a BMW X5. Thanks.

*Car_man*

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## Comments

343.0 X5

Money factor: .0012

Residual: 54%

I calculated this against the lease special of $459/mo on a $43670 X5 listed on bmwusa.com and came within $10 per month. None of these numbers reflect the $5000 dealer cash I've seen mentioned.

My question is, with the $5000 dealer cash from BMW, how much off MSRP should I be shooting for now? We are looking at an X5 3.0 Auto with Prem, CW, Rear Climate, Xenons and Nav., MSRP $52020.

Also, should I expect to get better discounts if I want to get the X5 and an 06 330i at the same time?

Thanks in advance for the help.

189Looking for money factor and Residual for X5s, both 3.0 and 4.4.

24 and 30 months

15K/year

Also, want to know if current marketing support can be used with leases.

Thanks in advance.

395MSRP = $43,670

Sales price = $39,770 (you pay $2,500 upfront plus they discount the car $1,400)

Residual = 57% ($43,670 X 0.57 = $24,892)

Money factor = 0.0012

Payment is $459.08 plus tax

The residual value is given in the ad (36 mos 10K miles) - I don't know what the money factor is for September but it was 0.00075 in August. Of course BMW dealers are known for bumping up their money factors so I would wait until I know what the officila money factor is.

34I think if you recompute, you'll find that it is both $2500 down and a $2500 discount off MSRP. Using those numbers with 57% res. and .0012 MF I hit $459 to the penny. No other fees included.

At least I know what I'm dealing with now. Thanks drtravel for your insight.

Still, the big question is, what kind of discount should I be looking for overall with the $5000 dealer cash. Looks like edmunds TMV is about $6k off MSRP. If BMW is giving up $5k of that then the dealer is still making 3k over invoice on an end of year car. That seems like a lot since people aren't paying that for 06 330i's.

395Think about it this way the dealer is getting $5,000 from BMW but is only discounting the car $2,500 - looks sweet to the dealer. I say you should be able to get the lease deal without putting down any money - that way BMW is actually subsidizing the money factor instead of making the customer pay more upfront to cover their lost interest.

34They get the $459/mo figures the following way.

MSRP $43670

Selling price $37870 ($5000 bmw cash + $800 dealer)

Down pmt. $2500

Residual 57% or $24892 (for 10k/yr, 54% for 15k)

Money Factor .0028 (same as 6.72% interest!!!)

The .0012 lease rate was last month and is now more than double. The dealer I talked with was only willing to add another 475 off to to the numbers above for a total of $6275 off MSRP. A total lease price before TTL of $439/mo. on a X5 3.0 w/auto.

The car we wanted with premium, cw, climate, nav, xenon & sd mirrors with an MSRP of $51370 gives a pmt of $673 w/o TTL using the above numbers. Much different than the $500/mo. the last senario brought me to.

Hope this helps someone, I doubt we'll be buying one at that lease rate.

395Thanks for the numbers. I agree it doesn't make sense to lease this vehicle.

1Thanks! -Jay

3952005 X5 3.0 - lease for $396 + tax 36mo/30K

MSRP of $45,020, selling price of $37,532 ($7,488 of MSRP), cap reduction of $3,000 so total cap cost is $34,532

Using 57% residual and 0.0028 money factor I come up with a payment of $414.95. Not sure how they calculated the $396. Total drive off is $5,168 whcih includes $3,000 cap reduction, $450 security deposit, $625 acquistion, $396 first month payment and $697 of something else - maybe additional cap reduction?

34With the additional $697 it comes to $394/mo according to my calculations. I got the same $415 as you did without that. Strange they would mention the selling cost and the 3000 down pmt, but not put the 697 anywhere in the ad. If they are expecting the purchaser to put the additional money down they have to call out what it is, don't they? Other wise it looks like the same 36mo, 10k/yr lease that I was talking about.

Even with $7488 off, the money factor of .0028 (or 6.7% interest) is killing any chance of me leasing an X5. But since the local dealers have an average of about 5-7 05's on the lot right now, they are not worried about it.

63,287I think that is the correct money factor...

regards,

kyfdx

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Need help picking out a make/model, finding inventory, or advice on pricing? Talk to an Edmunds Car Shopping Advisor41The new rate for October is came from internal memo of BMW Usa. Hopefully every one will have what they want.

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189395Cap cost is 35940 ($2,500 down + $5,000 incentive + $230 off)

57% residual

money factor of 0.0025

payment is $458.97 + tax

dealer is still making $3,410 on the car - seems high

63,287I haven't reverse-engineered the payment from the ad, but I do notice that the cap cost

includesthe acquisition fee of $625, so the discount you calculated would be at least $625 more.regards,

kyfdx

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Need help picking out a make/model, finding inventory, or advice on pricing? Talk to an Edmunds Car Shopping Advisor38,515Car_manHost

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41Thanks,

Larry

34Since you replied to my post, I'll give this a shot.

I'm still trying to get that much off sticker, so that looks good to me, although I've seen $8k mentioned as a target off MSRP.

MSRP 49720, selling price 42220

If it is a 10k miles/yr lease, I come up with $583/mo before TTL.

On a 12k/yr lease I come up with $595, so the lease number looks reasonable.

Those numbers include no additional fees at all.

Good Luck

5I'm in Chapel Hill, NC and the dealer is offering $ 45,920 as purchase price. What lease number would be reasonable for 24 months, 15,000 miles and with 2,500 down?

Thanks for any help.

Jay

9505'05 X5 3.0, CW pkg., premium pkg., rear climate pkg., auto, heated front seats, self dimming mirrors, xenon, premium h-fi system. MSRP 50,920. Selling price 44,920 + tax, tags & doc. fee. Hope this helps.

Looking to lease for 24 months, 15 K miles/yr. Would a 39 month, 15 K miles/yr lease work put better?

Jay

95:confuse:

Thanks for the help.

63,287The '05 is probably a better vehicle to buy than lease, right now...

regards,

kyfdx

Host-Prices Paid ForumsMODERATORPrices Paid, Lease Questions, SUVs

Need help picking out a make/model, finding inventory, or advice on pricing? Talk to an Edmunds Car Shopping Advisor5What I am wondering is whether I can get the car for a little more money in November but end up paying the same on a lease once the MF and residuals are adjusted. August MF was far more favourable, right?

Thanks.

5