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2013 and earlier BMW X5 Lease Questions



  • Hi Car Man
    This is my first post and my first attempt at leasing, but I've been reading the lease terms to become more familiar with leasing. Prior to reading the wonderful information posted here, I had started asking for lease terms on an X5 3.5i Premium. One MSRP (with options) was 61200 and other was 68400. But none of the dealerships I've spoken to give any details about money factor, acquisition fee, etc. So my questions are
    1. How do I find out the invoice price so negotiate the best deal/capitalized cost
    2. What are BMW's June rates (money factor and residual) for leases on the X5 3.5i premium on a 36 or 39 month, 15,000 miles per year lease?
    3. Is it wise to lease a 2013 X5 when the body style will be changing for 2014?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Welcome gurlzlkcars2. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    You can look up the dealer invoice price of the X5 that you want by clicking on the following link: 2013 BMW X5 Pricing.

    BMW Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 3.5i Premium with 15,000 miles per year are .00127 and 57% for consumers who qualify for its top credit tiers.

    As far as whether it is wise to lease a 2013 model when the 2014 model will be redesigned goes, I think that it's more a matter of personal preference than anything. Since you don't have to worry about eventually selling your old style X5 you won't take a hit on the resale value. It's just a matter of whether you want to have a new and improved version or you are happy to go with the current model.

    Prices Paid: Buying & Leasing Experiences Forum
  • Carman-

    BMW is advertising for 39 mos as their lease special on a Premium. What is the money factor and residual for 10k and 12k per yr. Both my wife and I have excellent credit and would qualify for thier top tiers. Thanks
  • Thanks Car_man! The deal I was presented with seemed good, but now i'm not sure. Using Edmund's True Market Value tool for a car with same options, the MSRP is 67150, Invoice is 61700, and TMV is 63800. So the numbers the dealership are offering are a little lower than the TMV (62129), but I think they are charging me more by using a MF of .00167. They also said the residual was 54% instead of 57% in SC. So I plan to shop around a little more.
  • gotigers1gotigers1 Posts: 16
    Carman, hope you can be of some help! I see a few posts with the 36 month numbers but am being told that they are only running 39 months on the x5 now. Do you have the 39 month numbers by chance?

    Also being told the conquest offer is not offered on x5's. Any insight?

    Thanks for all the help over the years - have had some great deals on leases with the help of this forum.
  • jasonmdbmwjasonmdbmw Posts: 117
    You can still do a 36 month lease but the advertised lease special is 39 months. RV for 15k miles is 55% for the Premium. Add 2% for 12k miles and 3 % for 10k miles. Base MF is still .00127. If looking for a different model, let me know and ill put up the correct RV.

    That is correct on the Conquest Cash. Only available on the 328's and 528's. Only Loyalty Cash on X5's but sign up at your local dealer for the Ultimate Driving Event so you can qualify for the $1000 incentive
  • gotigers1gotigers1 Posts: 16
    Thanks jasonmdbmw. To make sure I don't confuse the two, what are the numbers for 39 months?

    Unfortunately the driving event isn't at any dealers close to me...

    Appreciate the help
  • jasonmdbmwjasonmdbmw Posts: 117
    The numbers in my previous post are for 39 months.
  • I was wondering if anyone was able to lease a '13 X5 in the mid 5s/month with no more than inceptions down? I would prefer a 36 month lease, but could do a 39 month lease if that's the current program. I am getting out of a GL 450 lease, so I may be eligible for conquest monies. I should also be eligible for "top tier credit". Your feedback is appreciated.


  • I have seen local dealerships in Florida advertise a similar deal for $469/month w/ $5k down, 10k miles/year for a 36 month lease.
  • socal59socal59 Posts: 65
    You can get to that price with a base level vehicle or just a few options. Maybe for July the least rates may come down since the new model is coming in August. It just depends how much inventory the dealers have and how quick they want to get rid of it. That's what I'm doing, waiting.
  • bm1650bm1650 Posts: 1
    I am looking to buy a BMW X5. Went to visit the local BMW dealership in Roswell, GA. I am open to either a brand new or lightly used one. As I was talking to the nice sales gentleman, I could not help but notice that on average there was only a $4,000 difference between a brand new and used BMWs from 2011 to 2013. My mind started wondering as to the rationality of this whole premise. No wonder their lot is full of these used vehicles because considering warranty issues and everything else, anyone who can afford the used vehicle can easily spend an extra $4k to get into a new one. No wonder the market is punishing them for their sins. These people are so much in love with the X5 that they are not reading the market well especially considering many potential clients are holding up for the 2014 model.

    I have decided to wait things out hoping to get a brand new 2013 closer to the 2014 launch date earmarked for September. Surprising to me is the fact that the sales person told me that unlike other manufacturers, BMW does not issue any incentives or discounts on their X5 even when a new model is about to come out. I am here to ask the experts on the validity of the above statement. I am ready but not so much in a hurry to jump out of my current no car payment situation.
  • gotigers1gotigers1 Posts: 16
    Agreed - have been working on a x5 premium for a month now - only way to come close to that is purchase a base level based upon current pricing. High inventory and new model hasn't started to reduce prices by much from what I've been finding.

    Good luck to you.
  • gotigers1gotigers1 Posts: 16

    Know it will take a few days, but kindly provide the July x5 premium money factor/residual for a 15k mile 36 and/or 39 mth lease.

    Also curious as to any new dealers cash or private incentives you might know about to help move out the 2013's.

    Thanks as always.
  • socal59socal59 Posts: 65
    BM it's hard to trust the sales guys. BMW is no different than any other product. When they need to move inventory they will come out with incentives. Right now, for example the 528's are selling and leasing for pretty good deals. Same goes for the Mercedes E class. They are both competing for sales numbers. Now BMW's more specialized cars don't fall into that criteria. Bottom line, there will be good deals coming, great deals? That we don't know. They've had them in the past. I suspect if inventories remain high then it will be on our favor.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Sure gotigers1. BMW Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 Premium with 15,000 miles per year are .00127 and 57% for consumers who qualify for its top credit tiers.

    The only cash incentive that I am aware of on the 2013 X5 right now is $1,500 owner loyalty cash.

    Prices Paid: Buying & Leasing Experiences Forum
  • suznsaxsuznsax Posts: 9
    My X5d lease is up in August and the dealer told me that if I'm interested in leasing a 2014 model, X5 leases ending before 8/31/13 qualify for the one year re-lease program (with opt-out early option) because of the production schedule for the 2014 models. The 2014 X5 35d will ship probably late Jan or Feb. This is apparently negotiated directly with BMW FS. Does anyone have any experience with the re-lease program? What is the money factor, residual, etc? Is it negotiable? Many thanks.
  • Our 3 series was up this month. We got a 2013 x5 msrp $51k, nAv included (no convenience package), $4k Down, $560/mo, 39 no, 10k miles. I believe the final selling price was around $49.5, residual $28.5. It feels like a decent deal, I now need to get the Sirius radio, hopefully that doesn't break the bank.
    I wanted 12k miles but they talked me into the 10k, and call in before 6 month end date to buy more miles at 16 cents per.
    Comments on that?
  • socal59socal59 Posts: 65
    Sandman, poor deal because of: too much money down, making you pay for miles that you shouldn't need too (unless you're going to drive more than 15 miles, which is the highest subsidized lease BMW offers) what is the MF?
  • txsuvtxsuv Posts: 1
    CarMan, your advice has been invaluable in re to the purchase of my last 2 cars. Thank you! 3 questions for you re a 13 x5 Premium, 36 month, 10k lease, top tier credit, what are we looking at it terms of money factor and residual? Also, is there any loyalty money for current BMW owners through BMW finance? Local dealers have over 100 of these models in stock, should I go invoice or invoice plus before any loyalty cash? Thanks again for your invaluable assistance
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome txsuv. BMW Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2013 X5 Premium with 10,000 miles per year are .00127 and 60% for consumers who qualify for its top credit tier.

    For loyal customers, BMW is now providing $1,000 loyalty cash plus the waiver of the first month's payment.

    It goes without saying that the lower the selling price you can negotiate the better. If I was in the market for one right now, I personally would shoot for say $500 over invoice minus any available cash incentives, but you might be able to do better than that if you really shop around.

    Prices Paid: Buying & Leasing Experiences Forum
  • So how bad of a deal was it? I understand $4 k too much for down payment but with $560 mo tax inclussive? Are we talking paid too much by $1k or $250? I'm about to do this again when my m350 suv is up in October. Thanks.
  • socal59socal59 Posts: 65
    Sandman, on this website you can find out the invoice price of the vehicle. I would shoot for $500 over invoice and then subtract the incentives BMW is offering from that. Usually less than $2000 initial payment. You can read all about this on these pages. Just scroll back a page or two. Let us know how you make out.
  • I recently purchased a 2013 x5 for $500 over invoice. I would think something near invoice would be doable for most folks assuming invetories dont drop too much before the 2014's arrive. Watch out for the finance guy tho--he tried to strong arm me on extended warranties and a bunch of add ons costing nearly $7k. I then discovered the add ons were marked up 100% so ended up negotiating to about half.

    Also--the 2014's are priced $5K higher across the board. Better jump on those 2013's soon.
  • kr3pt0nkr3pt0n Posts: 6
    edited July 2013
    Carman and Jason,

    First off, thank you for helping all of us. You guys are amazing.

    I'd like to clarify something.
    What is the residual percent for X5 3.5i Sport 36 and 39 months 12K lease? Is it still +1% for 10K and -2% for 15k leases? Where can I find that $1500 Loyalty cash that you posted in earlier post. On bmwusa, all I see is $1000. I also don't see that first payment waiver. I'd like to be fully armed before I negotiate. Also what is the better financial deal right now 36 or 39 months?

    Thank you so much.
  • socal59socal59 Posts: 65
    I'm thinking of ordering, if I can't find a dealer that has this X5d on their lot. I'll see if its not too late to order.

    I'm looking for a 2013 X5d with:
    Sport pkg, 20 inch rims, Nav and space saver tire. Msrp $$62,825, Invoice $57,800.

    I'm thinking $500 over invoice, minus $3500 Eco, $1000 loyalty leaves a selling price of $53,800.

    With current MF and ResiduL, what would the payment be?

    I would have to add the acquisition fee as well, I think it's at $795. Thanks everyone.
  • jasonmdbmwjasonmdbmw Posts: 117
    RV is 57 and 54% for 36 and 39. Yes that is correct for 10 and 15k miles. The Loyalty Cash is $1000 not $1500. The 1st payment waiver is the Turn Key program and only covers up to $500 on the 1st payment, so anything over that has to be covered by the customer. You have to be in a BMW lease right now and be within 30 days of the turn in date to qualify for the Turn Key program
  • hachee2001hachee2001 Posts: 11
    Does anyone know what the current RV's are for the X5d, specifically 36 months and 10k/year? I believe the numbers above are for the other models. I assume the MF is the same (.00127). Thanks.
  • kr3pt0nkr3pt0n Posts: 6
    edited July 2013
    Hi guys, I hear everyone going for 500 over invoice, but what fees are you excluding or including? Is that before the bank fee aka acquisition fee or it's already included? What other fees should be included or excluded in the lease when we talk "500 over invoice"?

    Thank you
  • jasonmdbmwjasonmdbmw Posts: 117
    Yes the MF is the same. RV for 36mo is 54%, 39 months is 52% for 10k miles/yr
This discussion has been closed.