Car Buying Advice - Bmw X5 50i pricing
Hi!
I am in a 3 year lease BMW x5 50i that expires in 1month . I will be 10,000 miles over so will owe $1800-$2000. The new x5 50i we are looking at is 2017 MSRP $81545. Selling price will be $75784 after $2500 rebate and $3261 discount. What are your thoughts on that selling price. Has it been discounted enough?
If I decide to lease, should I be expecting to work from that sales price? What is the money factor and residual if I decide to lease? I would do a prepaid lease whereby all my payments are paid in advance to get a better money factor and price as we dont pay the sales tax as a result!
Thanks for your help
I am in a 3 year lease BMW x5 50i that expires in 1month . I will be 10,000 miles over so will owe $1800-$2000. The new x5 50i we are looking at is 2017 MSRP $81545. Selling price will be $75784 after $2500 rebate and $3261 discount. What are your thoughts on that selling price. Has it been discounted enough?
If I decide to lease, should I be expecting to work from that sales price? What is the money factor and residual if I decide to lease? I would do a prepaid lease whereby all my payments are paid in advance to get a better money factor and price as we dont pay the sales tax as a result!
Thanks for your help
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Answers
.00146 MF and 58% residual
BMW doesn't offer much of a savings for pre-paid leases, but if it saves you the tax, that might be worth it, alone. (though not sure how that works, which state?)
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