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2013 and earlier BMW X5 Lease Questions



  • Hello Car_man,

    Based on my reading of the posts in this discussion, the base money factor for March is 0.0010.

    However, a lease broker with whom I am shopping says that the money factor is 0.00115. He claims that the 0.0010 is only available for repeat customers(BMWFS loyalty program).
    (Dealers are trying to get me at 0.0014, and I already read the warning about that in the previous postings.)

    What is the actual money factor? Is it just a matter of standing firm in order to get the rates discussed in this forum.

  • bdr127bdr127 Posts: 950
    However, a lease broker with whom I am shopping says that the money factor is 0.00115.

    Brokers don't work for free.... He's looking for his cut.
  • It is obvious that they try to make money both on the selling price of the car as well as the money factor. Those items are both negotiable, and the buyer should beware.(as the old saying goes) Ultimately, even if you get both of those negotiable numbers down to a profit of zero for the broker/or dealer, there is still a sales commission that would otherwise have gone to the saleman who is standing around on the dealer's lot. Just as is done on loss-leaders, where they still have to pay the saleman.

    My question still stands. What is the base money factor for march. Is it truly 0.0010 as this discussion threat contends, and is it available for non-repeat customer(non loyalty program).

    Your note implies the broker is lying. This goes without saying, especially when his lips are moving, but what is the real money factor.

    I thank you in advance for you input.

  • kyfdxkyfdx Posts: 128,328
    Your broker is correct.. The base money factor is .0010 for customers that are either returning BMWFS customers or make a security deposit.

    The bump for not making the security deposit is .00015, resulting in your quote of .00115...

    So, you can get the same rate.... just make a security deposit..


    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks kyfdx,

    I will confront the broker with this information. As I recall, I specifically asked him to structure a deal where I have zero down, and minimal drive-off. Therefore, he may have quoted me a number with no security deposit. I will verify this.

    Can you give me an idea of what a fair discounted selling price would be on a X5 3.0 with an MSRP of 51K.

    I thank you in advance for you assistance.

  • kyfdxkyfdx Posts: 128,328
    For selling price questions, post here: BMW X5: Prices Paid & Buying Experience

    Off the top of my head, I think you should be looking for a discount of $2500-$3500 from MSRP..

    Host-Prices Paid Forums

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • tuthilltuthill Posts: 2
    Does anyone know the money factor for a new lease on a 4.4?
  • Thanks kyfdx! I will post the selling price question in that forum.

    Can you tell what the lease payment would be on a 2006 X5 3.0, 36 months/36,000 miles. I plan to pay a security deposit of $625. MSRP of $51,000. Selling price of $47,500. Money factor of 0.0010(with security deposit)

    If possible, please include details of how this number is calculated.

  • bornoborno Posts: 77
    what is the lowest possible payment seen on either 4.4, and/or 3.0 models, low miles , with no/$ down, anywhere new england??
  • tuthilltuthill Posts: 2
    - Cold Weather Package
    - Premium Package
    - Rear Climate Package
    - Sport Package
    - Adjustable Ride Height
    - Heated Steering Wheel
    - Heated Rear Seats
    - Navigation System
    - Premium hi-fi System

    Cap Cost = $61745.00
    Residual = $36762.15
    Money Factor = .0014

    I'm in New England and this is the quote I've received. Does this seem to be in line or should I push for a lower Money Factor?
  • bu96bu96 Posts: 19
    I orginally posted this a few wks ago and still hoping for a response...Thanks!

    I am in a bad leasing situation. My BMW530 lease expires at the end of next month. I have decided I want an X5 but I would really prefer getting the newly designed version as I think the features/design on the current one are dated.

    The problem is BMW won't extend my lease unless I have a purchase order for the X5. I have been told the new ones won't be ready until September. My dealership told me that the best they could do is offer $2200 off invoice when they come out. I am looking at a highly loaded 3.0i. My salesman told me that their profit for this is car is typically $3800 and they usually don't discount when new models roll out.

    Is this a really bad offer to take? I am really new to leasing so I am not sure how much of risk I am setting myself up for getting a really bad deal. I can afford whatever the end payment so that isn't my concern, just not getting completely taken.

    Thanks so much in advance for any help.

  • bdr127bdr127 Posts: 950
    That kind of discount on a brand new redesigned model six months before it comes out sounds like a deal....
  • hipreckhipreck Posts: 67
    Anne -

    You don't say if you are leasing the new X5 or not. Leasing a brand new design can be very expensive since money factors are usually high.

    My info is the 2007 X5 will not be available until late fall. The new X5 will also be bigger and heavier, I'd want to drive it first. I actually really like my 2004 X5.

  • Hi gr8nrg. All banks that lease vehicles charge consumers a bank fee (also known as an acquisition fee). BMW Financial Services' base acquisition fee is currently $625. This money goes directly to BMW FS and your dealer does not profit from it or have tha ability to waive it. Well, technically they can waive it in exchange for an increase of .00035 in the money factor that is used to calculate your truck's lease payment, but you are better off just paying the fee.

    The doc fee is just a charge that dealers add to vehicles' prices to cover the cost of doing the paperwork and often to add a little profit to deals. A doc fee of only $45 is very reasonable. Most dealers add doc fees of several hundred dollars to every deal.

    BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2006 X5 is .00100. The reason why your truck's factor is higher is because you are having your security deposit waived. BMW FS charges a security deposit that is equivalent to vehicles' monthly payments rounded up to the nearest $50 increment on every vehicle that it leases. Consumers can opt to have this deposit waived in exchange for a .00015 increase in their vehicle's money factor. That is what is happening with your lease.

    A base 2006 BMW X5 3.0 has a spread of a little over $3,600 between its full MSRP and dealer invoice prices. You were quoted a discount of a little over $2,300 on this truck. Tis probably amounts to between $1,000 and $1,500 over dealer invoice, which isn't bad. For additional feedback on how much you should pay for this truck, make sure to stop by the following discussion: "BMW X5: Prices Paid & Buying Experience".

    Smart Shopper / Prices Paid Forums
  • Hello tuthill. If you were to lease a 2006 BMW X5 4.4 through BMW Financial Services right now for up to 42 months, its buy rate lease money factor should be .00100 with the payment of a security deposit equivalent to your truck's monthly payment rounded up to the nearest $50 increment and .00115 without the security deposit.

    Smart Shopper / Prices Paid Forums
  • Hi tuthill. The money factor that you were quoted is definitely too high. BMW FS' current buy rate money factor for this truck is .00100 with the payment of a security deposit and .00115 without one. Make sure to insist that the dealer you are working with use these factors to calculate your truck's lease payment.

    Smart Shopper / Prices Paid Forums
  • frank310frank310 Posts: 45

    Can you help me by filling in the blanks at the bottom. Thanks in advance for the help. This will be the 3rd car you have helped me with.

    2006 X5 3.0
    Premium Package
    Cold Weather package
    Park Distance
    Rear Climate Package
    Rear Door Mounted Airbags
    Heated Steering Wheel
    36 Month Lease 12k miles per year
    MSRP: $50,455 (based on Edmunds)
    Money Rate: .001 (based on this forum)
    Sell Price:

  • pguopguo Posts: 2
    Just least a X5 4.4i with the following options,

    Cold wether $1350
    comfort seat $1200
    rear climate $400
    rear door air bag $385
    heated steering wheel $150
    Panarama Moonroof $1320

    For a total of $58530, I got $706 a month with 12K/year.

    My money factor is 0.0014 and down payment is $1650.

    I think it is good deal, any inputs?
  • hipreckhipreck Posts: 67
    What was your MSRP and how many months in the lease term?
  • pguopguo Posts: 2
    36 months $58530 is the MSRP
  • hipreckhipreck Posts: 67
    Yep, that's a good deal. Around 3K off MSRP at the lease number you show. Three year residual is 59% at 12K/year.
  • Hello kyfdx,

    Can you please help me calculate the correct lease payment for the following vehicle:

    2006 X5 3.0
    MSRP $50,420
    selling price $47,175
    term 36 months/36k miles
    security deposit $625
    money factor 0.0010
    residual value 59%

    Thanks again...AlexanderV2
  • hipreckhipreck Posts: 67
    I come up with $561.01 excluding tax. Note that not many folks can get the 0.0010 money rate. Most dealers mark it up to 0.0014, even with a security deposit.

    If you have leased with BMW in the past, they may forgive the security deposit but they will still hit you up for the aquisition fee.
  • Thanks hipreck,

    Can you give me any further insight as to the actual formula for calculating this payment?

    How do you crunch the actual numbers?

    Thanks in advance for your help...AlexanderV2
  • bdr127bdr127 Posts: 950
    If you have leased with BMW in the past, they may forgive the security deposit but they will still hit you up for the aquisition fee.

    These two fees are charged by BMW Financial Services, NOT the dealer.... It is true that BMWFS will waive your security deposit (which is normally required) if you are leasing another car through them. The acquisition fee is a fee charged by any leasing company to initiate a lease contract and is not BMWFS-specific. Again, the dealer has nothing to do with these fees....
  • hipreckhipreck Posts: 67
    While the aquisition fee is charged by BMW, many dealers add a markup to it just like they do with the money factor. So iof you lease a BMW, always check if the dealer is adding a markup.

    For the question of the formula to calculate a lease, I developed an Excel spreadsheet to do it. You can go to this website to calculate these on the fly:

    For the previous example that I calculated the lease for, if the dealer would have charged the typical .0014 instead of .001 for the money factor (the .0004 is profit for them over the BMW charged rate), they would have added a little over $1000 in profit to the deal.
  • Can you guys post some of the leasing prices on 2006 4.8's?
  • hazmartyhazmarty Posts: 19
    Sounds like a good deal alexanderv2. Local dealers seem to be pushing to add an advertising charge of $200 to $380 to the "invoice", and vehicles at that level are "selling" for more like $47.6K and about $575 a month with the same residual and money factor. Where can I get a deal like that in the New York area?
  • hipreckhipreck Posts: 67
    You would need to supply more details on the 4.8. MSRP with your options, term, mileage.
  • standard 36 months/12K year
    MSRP 73000 (nav option)
    please also include your residual and money factor
This discussion has been closed.