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2013 and earlier BMW X5 Lease Questions

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  • Car_man or anyone else,

    Do you happen to know the December money factor and residuals on both the X5 35i Premium and the X5 35d for a 36month 12k/year lease?

    I'm assuming the $3500 eco credit on the 35d and the $2500 holiday cash is still valid for X5 ordered in December? Even if we can't take delivery until January because of the build time?

    Thanks!
  • Query -- on the X5 diesel --
    If you get $2500 off and $3500 off,
    in terms of making a decision on lease vs purchasee
    (a) what is the MF for 3 yrs, 12000 miles, 15000 miles
    (2)) can you still get 0.9% interest on a purchsase with the above $6,000 off from BMW
    (3) Does anyone have thoughts on the future of diesel fuel prices. Here in L.A. they are somtimes a bit higher than preium, sometimes a bit loer.
  • jdl70jdl70 Posts: 3
    S. Florida dealer just quoted me $794 per month on vehicle with $61,975 (tech pkg, convenience pkg, some other extras as well). $1539 total at inception (tax, tag, first month). 36 months/10,000 miles.
  • Hey guys,
    I'm currently getting the following deal in the new york area

    New 2011 BMW X5 35i Premium with
    - Convenience Pkg
    - Technology Pkg
    - Running Boards
    - Heated Front Seats
    - 3rd Row Seating
    - Rear Entertainment System

    MSRP is 62825 for this car
    purchase price of 57335 including the holiday credit
    36 mo lease w. 10k mi/yr
    money factor is .00200, residual w/ 10k is 58%

    Dealer quoted me $768/mo paying taxes and fees upfront (approx. 4335) plus plates.

    Does it sound like a good deal to everyone?
  • Hey guys, similar questions to above...on an X5 diesel (NY area)

    Does anyone know if the $3500 diesel and $2500 holiday credits are both still in effect for December? And does anyone know the December residual and money factor on a 36 month/10K lease?

    Thanks.
  • wsp13wsp13 Posts: 2
    Can someone please help me review the following two lease offers I have received from two different dealerships. I have never leased a vehicle before and would like to know if I am getting a good deal or not. The lease is for the following vehicle:

    New 2011 BMW X5 35i Premium with
    - Convenience Pkg
    - Technology Pkg
    - Running Boards
    - Heated Front Seats
    - BMW Assist w/ Bluetooth
    - Park Distance Control
    -Premium Stereo
    -Satellite Radio w/ 1yr Subscription
    -Navigation System

    MSRP is $61,713.00

    Lease Offer # 1:
    (not including tax or tag):
    36 Month Lease
    15K miles per year
    $55769 Cap Cost
    $33508.75 Residual (Lease end Purchase Price)
    .00200 Money Factor
    $0 Down Payment
    $796.90 Per month
    $1521.90 Total due at signing includes:
    $796.90 First Payment
    $725 Lease Acquisition Fee
    $28688.40 Total of payments(including first payment collected at signing)

    Lease Offer # 2:
    56,290
    $499 doc fee
    $68 title
    3% NC Sales Tax
    $2500 rebate,
    Acquisition fee $725 (cost)
    Money factor (0.00215 buy rate)
    36 month lease
    15000 miles a year (55% residual) : $871/month (the $2500 rebate covers your upfronts :first months pmt and doc fee and monthly taxes and more)
    Residual at end is $33536.25 (then you can drop the car off, lease a new one, or buy yours back)

    What do you guys think about these two offers?
  • This looks like most of the others I'm seeing.
    4.8% MF the resi is in line with others based on the mileage & everyones getting about 5K off MSRP, which includes the 2500 holiday deal.
    Run the cost thru Truecar to see what other ppl pay.
    great price = 59296
    AVg = 59956
  • Do those monthly rates include sales tax?
  • Hello all,

    I live in Los Angeles
    I am going to lease an X5 Premium
    Convenience Package
    Technology Package
    MSRP 58,625

    On a 36 month 12K miles per year. Min drive off what Should I expect to pay?

    THANKS
  • wsp13wsp13 Posts: 2
    No, the sales tax was not included in the payment. The sales tax would increase the payment an additional $47.20 each month.

    Has anyone ever tried a balloon payment?
  • I certainly do, greg1981. BMW Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i Premium with 12,000 miles per year are .00200 and 57%, respectively for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical lease of a 2011 X5 35d are .00220 and 56%.

    Yes, the cash incentives that you mentioned are indeed still available. As long as you officially place your order in December you should be able to lock in the current program and take delivery in January.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey hachee2001. The cash incentives that you mentioned are indeed still available in December.

    BMW Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 diesel with 10,000 miles per year are .00220 and 57%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • topgun7topgun7 Posts: 412
    Anyone use a San Francisco area Dealer recently? I am shopping for an X5 and hoping to get the rebate before end of the year.. Any recommendation?
  • I am being offered $56,945 - the Eco Credit of $3500 - comes to $53545, +taxes, fees - the $2500 rebate, comes to $782 per month.

    Rip off?

    The X5 is a 2011, Premium, Cold Weather, Rear Climate, Tech, roof rails, side view camera, and iPod/USB adapter.

    The dealer claims he is offering it at $100 over invoice at $53545. Does this dealer cost sounds right to anyone? Shouldn't it be a bit cheaper at dealer invoice then knock off the Eco credit and holiday cash? That would take it down into the $40's, right?
  • a8175a8175 Posts: 6
    I just ordered my x5 35d. Prem package,Tech package,running boards,heated front seats,side view camera.

    3155.90 out of pocket . for taxes,first month,reg fees . Monthly payment 645.63. paid 52,480.00 after eco rebate and holiday credit. Think I got a good deal. I have dealt with this dealer before.
  • ras912ras912 Posts: 18
    Do you mind sending me the name of this dealer. I would liek to purchase a car from them. Having bad local experience.
  • ras912ras912 Posts: 18
    I'm close to ordering a x5d and the dealer is quoting a MF of .0022 and a residual of 54% (36 mo/15k yr). I have top tier credit. Their first try on the MF was .0026 and I called their bluff on marking up BMW FS's MF so they came down to .0022. I'm seeing other posts that the MF is .0020 -- but is there any correlation to length/milage? I got them to thrown in an additional $2500 from the dealer's side after all of the BMW USA and BMW FS (3500 + 2500) credits but they are charging a lease assumption fee of $725 and a dealer admin fee of $660.

    A) Do you think I am getting the best money rate, and B) is $2500 enough of a dealer contribution -- especially considering the other fees? Thank you.
  • ashkoashko Posts: 4
    carman - would appreciate your feedback here on dealer offer

    - MSRP: 56250
    - selling price: 54000
    - (5500) eco + holiday credit
    - residual: 57%
    - MF: .00235 (saying .0220 is only avail for BMW owners?)
    - monthly: 730 (tax included)

    i come up with diff numbers, appreciate your help

    Thanks
  • hkcarhkcar Posts: 2
    Hello,

    I received an offer as following from So Cal BMW dealer;

    MSRP $47300.00
    36month lease / 10000miles yr
    $647.00 / mo + tax
    $2000 total drive off

    Does this look good?
    I'm not familiar with MF and other terms.

    Thank you.
  • THIS IS A GOOD BUY, BUT YOU DIDNT MENTION IF IT WAS A 2010 OR 2011. IF ITS A 2011..AWESOME DEAL! I WOULD JUMP ON IT...MAKE SURE THAT IT IS $2000.00 FLAT WITH NO OTHER HIDDEN FEES! GOOD LUCK!
  • hkcarhkcar Posts: 2
    Thank you for your reply 18181818
    Should I ask dealer about MF and Residual when I sign this deal tonight? Will it help saving more money?
  • Hi ashko. As a non-returning customer you are eligible for the .00220 factor, but you have to pay a security deposit at lease signing in order to qualify for it. Returning customers can get the lower factor along with a waived security deposit.

    As far as the selling price that you were quoted goes, there's probably a spread of around $4,500 between this truck's full MSRP and its dealer invoice price. The $2,250 dealer discount that you were quoted is probably a little over $2,000 over invoice. That's not terrible, but there still some meat on the bone there. If you're in an area that has a decent level of competition, it wouldn't hurt to comparison shop to see if you can beat this offer.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ras912ras912 Posts: 18
    Carman -- what qualifies you as a returning customer for bmw fs, and therefore the lower mf and no sec dep? i've leased two cars in the last 12 years from them but my most recent car is not a bmw. What is the mf for an x5d if you are a returning customer? Thank you.
  • Hi ras912. I think that you have to have owned or leased a BMW within the past several months to qualify as a "loyal" customer.

    BMW FS' January buy rate lease money factor for the 2011 X5d is .00205 for non-loyal and .00175 for loyal customers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ras912ras912 Posts: 18
    Thanks Carman. This makes for an interesting twist. I filled out a credit app with BMWFS on 1/3/11 to "lock in" the $2500 holiday cash and order a car for feb delivery. They promised me that if the money factors were better in feb, I would get them at that rate. Obviously, BMWFS inflates the money factors to cover some of the holiday savings. Do you know how it works -- if I push for the more attractive money factors, will I have to forefit the holiday cash? Thanks for your guidance.
  • No problem ras912. Your guess is correct. If you go with the January or February lease program you will not be able to take advantage of the holiday cash.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello!

    I placed an order for a '11 X5 35i Sports Activity Model in time to take advantage of the holiday cash, and would like to know what buy rates are for BMWFS and any other tips when closing my lease deal with my dealer. I have top tier credit. Can you also please explain to me how the holiday cash works? I know it is $2500, but not sure how it should be applied to best drive down my payment, and I don't understand how it is being applied to help me out. My dealer told me that BMWFS charges an acquisition fee of $925 (is it 925 or 725? I don't know... the dealer may be marking this up?) - is there any way to not pay this? I am doing a 36m/10k lease.

    Here's a run down of my deal as presented to me by my dealer... I've tendered my deposit, but haven't signed the deal as yet. Any help would be greatly appreciated :)

    36m/10k
    MSRP: 66,175
    Selling Price: 61,605
    Factor: .00210
    Residual: 59%
    Fees: $599 (dealer fee), $38 doc fee, $210.52 upfront taxes
    Payment: $793.76 + tax /mo = $849.32/mo
    $1605.24 due at signing

    What are your thoughts on this deal? How can I best use the holiday cash? HELP!
  • rflorrflor Posts: 5
    edited January 2011
    The holiday cash is treated like a down-payment/cap-cost reduction.

    Therefore, you should still shoot for an agreed-upon price $500-$1,000 over invoice BEFORE the holiday cash is applied.

    The acquisition fee is legitimate. $725 is the official BMWFS fee and can be marked up to $925 by the dealer.
  • Thank you. The selling price doesn't include the holiday cash, and I agreed to a price that's $250 over invoice. Noted about the acquisition fee.

    What are your thoughts overall of this offer/deal? How can I perhaps improve it? One thing I wanted to know is can I pull the acq. fee out of the lease and use some of the holiday cash to pay for that? Any other tips?

    What's the buy rate & residual from BMW FS for my vehicle selected?

    Many thanks!
  • kyfdxkyfdx Posts: 68,466
    It really doesn't matter if you roll everything into the CAP cost, then apply the $2500... or, pull everything out, so that your $2500 covers the upfront cost.. The effect is exactly the same... You'll end up with a ZERO out of pocket lease, at the same net cap cost..

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