2019 BMW X7 Lease Deals and Prices

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Comments

  • kyfdxkyfdx Moderator Posts: 257,401
    Duby said:

    Hello,

    BMW X7 40i
    12,000/36 months
    MSRP $83,000 with incentive $80,500
    $5000 down.
    zip 06825

    Thanks

    .00145 MF and 57% residual
    No lease incentives

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  • DubyDuby Member Posts: 7
    Thanks. I will let you know how it turns out
  • Bldv1Bldv1 Member Posts: 2
    Looking for MF base rate and RV for 2019 50i term of 36/10 for zip 16509. Does different length 24/27/39 become more attractive?
  • kyfdxkyfdx Moderator Posts: 257,401
    Bldv1 said:

    Looking for MF base rate and RV for 2019 50i term of 36/10 for zip 16509. Does different length 24/27/39 become more attractive?

    .00145 MF
    64%/58% residual for 24/36 mo, 10K/yr

    36 months is the best term

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  • stbabestbabe Member Posts: 43
    Hello, Can I get figures for 50i xdrive 36/10 in 07024
    THank you
  • kyfdxkyfdx Moderator Posts: 257,401
    stbabe said:

    Hello, Can I get figures for 50i xdrive 36/10 in 07024
    THank you

    .00145 MF and 58% residual

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  • jerome8283jerome8283 Member Posts: 19
    edited August 2019

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    Michaell said:

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    36/15
    .00145 and 55%
    No lease incentives
    Please let me know what you think of this lease:

    2020 x7 40i MSport (order)
    MSRP: $97245
    Selling Price: $93410
    Months: 36
    Miles/Year: 10,000
    Residual: 58% ($56,402.10)
    Disp Fee: 350

    1st Month: $1245.23
    Acquisition Fee: $925
    Upfront Tax: $4,060.60
    Total due on delivery: 6,230.83
  • kyfdxkyfdx Moderator Posts: 257,401

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    Michaell said:

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    36/15
    .00145 and 55%
    No lease incentives
    Please let me know what you think of this lease:

    2020 x7 40i MSport (order)
    MSRP: $97245
    Selling Price: $93410
    Months: 36
    Miles/Year: 10,000
    Residual: 58% ($56,402.10)
    Disp Fee: 350

    1st Month: $1245.23
    Acquisition Fee: $925
    Upfront Tax: $4,060.60
    Total due on delivery: 6,230.83
    The calculations are correct.

    You asked for 15K or 12K/yr, before. Why get a quote for 10K/yr?

    I'm unimpressed with a 4% discount, but I haven't shopped.
    they did apply the base money factor.

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  • jerome8283jerome8283 Member Posts: 19
    kyfdx said:

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    Michaell said:

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    36/15
    .00145 and 55%
    No lease incentives
    Please let me know what you think of this lease:

    2020 x7 40i MSport (order)
    MSRP: $97245
    Selling Price: $93410
    Months: 36
    Miles/Year: 10,000
    Residual: 58% ($56,402.10)
    Disp Fee: 350

    1st Month: $1245.23
    Acquisition Fee: $925
    Upfront Tax: $4,060.60
    Total due on delivery: 6,230.83
    The calculations are correct.

    You asked for 15K or 12K/yr, before. Why get a quote for 10K/yr?

    I'm unimpressed with a 4% discount, but I haven't shopped.
    they did apply the base money factor.
    Yes I'm waiting on an update for a 12K/yr quote. I too asked about a larger % off MSRP but was told that is all that can be done. This is not the first time I was told this for an order, not something on a lot. Correct, MF is .00145.
  • kyfdxkyfdx Moderator Posts: 257,401

    kyfdx said:

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    Michaell said:

    Hello, Please share:
    MF and Residual for a BMW X7 40i
    12 and 15k, 36 month. 11749
    Thank you very much!

    36/15
    .00145 and 55%
    No lease incentives
    Please let me know what you think of this lease:

    2020 x7 40i MSport (order)
    MSRP: $97245
    Selling Price: $93410
    Months: 36
    Miles/Year: 10,000
    Residual: 58% ($56,402.10)
    Disp Fee: 350

    1st Month: $1245.23
    Acquisition Fee: $925
    Upfront Tax: $4,060.60
    Total due on delivery: 6,230.83
    The calculations are correct.

    You asked for 15K or 12K/yr, before. Why get a quote for 10K/yr?

    I'm unimpressed with a 4% discount, but I haven't shopped.
    they did apply the base money factor.
    Yes I'm waiting on an update for a 12K/yr quote. I too asked about a larger % off MSRP but was told that is all that can be done. This is not the first time I was told this for an order, not something on a lot. Correct, MF is .00145.
    $29-$30 per month to go to 12K/yr

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  • DplagsDplags Member Posts: 12
    Looking at leasing a 2019 or 2020 BMW X7 V8 36mos/10kmiles. What is residual and MF? Zip 33445. Thanks.
  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    Looking at leasing a 2019 or 2020 BMW X7 V8 36mos/10kmiles. What is residual and MF? Zip 33445. Thanks.

    2019 - .00145 and 58%; no incentives

    2020 X7 lease thread is here:
    https://forums.edmunds.com/discussion/56889/bmw/x7/2020-bmw-x7-lease-deals-and-prices#latest

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  • DplagsDplags Member Posts: 12
    I was told by the dealership that .00145 MF is 60 month lease; MF of .00155 is for 36 month lease with a one pay payment option. This doesn't seem right to me. Was told if I want to do 36 monthly payments then the MF is .00185 Needless to say I'm not happy
  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    I was told by the dealership that .00145 MF is 60 month lease; MF of .00155 is for 36 month lease with a one pay payment option. This doesn't seem right to me. Was told if I want to do 36 monthly payments then the MF is .00185 Needless to say I'm not happy

    Yeah, the dealer is pulling a fast one on you.

    .00145 is the base MF

    .00040 is the max markup allowed

    .00030 is the discount to the MF for one-pay

    Find another dealer.

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  • DplagsDplags Member Posts: 12
    Yep. Feel like they're playing the shell game. The Rent Charge remains unchanged (somehwere in the $10k range). They've reduced the cap cost, not showing the MSRP, but I do see the residual and the depreciation amounts. They want me to pay $3972 up front, not real sure what that's for except for license, title, process, documentation fee, destination charge (all crazy prices in my opinion). They're telling me they only mark cars up .00040 to remain competitive. I have excellent credit score and from what I've read, smaller lease terms give better rates, not the other way around. Thanks so much! When you say .00145 is the base MF, (just to be clear) you mean that's the lowest MF, correct?
  • DplagsDplags Member Posts: 12
    One final question about leasing is, what, if anything, am I required to pay upfront? I don't think I should have to pay a security deposit and am unsure about any taxes or those other fees, that buyer/lessee is required to pay. Thanks.
  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    Yep. Feel like they're playing the shell game. The Rent Charge remains unchanged (somehwere in the $10k range). They've reduced the cap cost, not showing the MSRP, but I do see the residual and the depreciation amounts. They want me to pay $3972 up front, not real sure what that's for except for license, title, process, documentation fee, destination charge (all crazy prices in my opinion). They're telling me they only mark cars up .00040 to remain competitive. I have excellent credit score and from what I've read, smaller lease terms give better rates, not the other way around. Thanks so much! When you say .00145 is the base MF, (just to be clear) you mean that's the lowest MF, correct?

    Yes, .00145 is the lowest MF available.

    Tell them you want the base rate or you'll find another dealer.

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  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    One final question about leasing is, what, if anything, am I required to pay upfront? I don't think I should have to pay a security deposit and am unsure about any taxes or those other fees, that buyer/lessee is required to pay. Thanks.

    In Florida, we suggest only the first payment and any government imposed fees (registration, for example), be paid at signing.

    Everything else should be rolled into the cap cost and made part of the payment - which, of course, will be higher than if you paid those items up front.

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  • duster10duster10 Member Posts: 1
    Full disclosure....Ive never leased a car before. Ive made an effort to read up on how leases work in an effort to not get hosed at the dealership, but I still feel a little confused about it all. I went and looked at the X7 over the weekend. I like it (don't love it, but I like it). I built the one I THINK i want and the MSRP is 87k. I would be trading in a car (GL450), that is honestly worth about 10k. I would probably opt for 12k miles per year for 36 months. Can somebody really dumb this down for me and let me know what sorta payment is appropriate so I know what to try and negotiate. My zip is 28277. Any help or tips is great appreciated.
  • MichaellMichaell Moderator Posts: 255,693
    duster10 said:

    Full disclosure....Ive never leased a car before. Ive made an effort to read up on how leases work in an effort to not get hosed at the dealership, but I still feel a little confused about it all. I went and looked at the X7 over the weekend. I like it (don't love it, but I like it). I built the one I THINK i want and the MSRP is 87k. I would be trading in a car (GL450), that is honestly worth about 10k. I would probably opt for 12k miles per year for 36 months. Can somebody really dumb this down for me and let me know what sorta payment is appropriate so I know what to try and negotiate. My zip is 28277. Any help or tips is great appreciated.

    First off, I'm not sure I'd recommend you lease an $87K car that you don't love. No buyers remorse with a lease - you sign the papers, you're on the hook for 36 months. So, you'd better be real happy with your choice.

    Second, don't use trade equity as a down payment - you'll lose that money if the car is stolen or totaled during the lease.

    Third, you don't want to negotiate the payment; you want to negotiate the selling price, just like you were buying. Then, understand the taxes and fees that go into a lease, so you aren't paying for anything extra.

    The lease payment is driven by two things - the money factor (which is .00145 for BMW) and the negotiated price. Dealer can mark up the MF by .00040 for extra profit, and it's up to you to determine what price you'll be happy with - you can use this link to help:

    https://www.edmunds.com/tmv.html

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  • jerome8283jerome8283 Member Posts: 19
    edited August 2019
    Moved to 2020 thread
  • DplagsDplags Member Posts: 12
    Please tell me the residual and MF for 36/10 for 2020 BMW X7 M50i

    I've now had to move to different model because the color I'd like isn't available for 2020 - crazy.
  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    Please tell me the residual and MF for 36/10 for 2020 BMW X7 M50i

    I've now had to move to different model because the color I'd like isn't available for 2020 - crazy.

    What is your ZIP code?

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  • DplagsDplags Member Posts: 12
    Sorry - 33445
  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    Please tell me the residual and MF for 36/10 for 2020 BMW X7 M50i

    I've now had to move to different model because the color I'd like isn't available for 2020 - crazy.

    Dplags said:

    Sorry - 33445

    .00145 and 58%
    No incentives

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  • DplagsDplags Member Posts: 12
    Asking for clarification on the money factor number. If dealer says they're selling/leasing me the car at invoice, then giving me a money factor of .00185 - is this the equivalent of what they'd normally mark the car up? I've been told here on this forum that the money factor is .00145 for the BMW X7 50i, year 2020, 36 month lease, 10k miles, zip code 33445. The dealer tells me this IS the money factor THEY pay and then mark it up .0040. Is this BS or no? I'm so sick of messing around on this lease deal, I'm ready to move on but I want to be clear in case I run into this with another dealer. Thanks.
  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    Asking for clarification on the money factor number. If dealer says they're selling/leasing me the car at invoice, then giving me a money factor of .00185 - is this the equivalent of what they'd normally mark the car up? I've been told here on this forum that the money factor is .00145 for the BMW X7 50i, year 2020, 36 month lease, 10k miles, zip code 33445. The dealer tells me this IS the money factor THEY pay and then mark it up .0040. Is this BS or no? I'm so sick of messing around on this lease deal, I'm ready to move on but I want to be clear in case I run into this with another dealer. Thanks.

    It's not BS - they're actually being truthful with you.

    But, it's up to you to decide if you want to pay the markup, or not.

    It only takes one dealer to strike a deal. Keep looking.

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  • DplagsDplags Member Posts: 12
    Update on lease . . . I ended up with 2020 x7 50i - paid about $1000 less than invoice (as per NADA site), putting first month's payment in and got MF of .00185. I appreciate your assistance, it truly helped me determine what pricing was right and comfortable for me. I DO feel like I got a reasonable deal. This was a 36 month lease, 10k miles, zip code 33445
  • MichaellMichaell Moderator Posts: 255,693
    Dplags said:

    Update on lease . . . I ended up with 2020 x7 50i - paid about $1000 less than invoice (as per NADA site), putting first month's payment in and got MF of .00185. I appreciate your assistance, it truly helped me determine what pricing was right and comfortable for me. I DO feel like I got a reasonable deal. This was a 36 month lease, 10k miles, zip code 33445

    Congrats!

    Thanks for the update.

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  • NMJJNMJJ Member Posts: 4
    edited September 2019
    36/12k
    48/12k

    X7 40 and x7 50 - zip 07601.

    Any incentives?

    Thanks
  • kyfdxkyfdx Moderator Posts: 257,401
    NMJJ said:

    36/12k
    48/12k

    X7 40 and x7 50 - zip 07601.

    Any incentives?

    Thanks

    36/12
    .00145 MF and 57% residual
    No lease incentives

    BMW doesn't support 48 month leases

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  • NMJJNMJJ Member Posts: 4
    kyfdx said:

    NMJJ said:

    36/12k
    48/12k

    X7 40 and x7 50 - zip 07601.

    Any incentives?

    Thanks

    36/12
    .00145 MF and 57% residual
    No lease incentives

    BMW doesn't support 48 month leases
    Thanks. Is this for Aug or Sept?

  • kyfdxkyfdx Moderator Posts: 257,401
    NMJJ said:

    kyfdx said:

    NMJJ said:

    36/12k
    48/12k

    X7 40 and x7 50 - zip 07601.

    Any incentives?

    Thanks

    36/12
    .00145 MF and 57% residual
    No lease incentives

    BMW doesn't support 48 month leases
    Thanks. Is this for Aug or Sept?

    August

    New programs start on Wednesday

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  • NMJJNMJJ Member Posts: 4
    kyfdx said:

    NMJJ said:

    kyfdx said:

    NMJJ said:

    36/12k
    48/12k

    X7 40 and x7 50 - zip 07601.

    Any incentives?

    Thanks

    36/12
    .00145 MF and 57% residual
    No lease incentives

    BMW doesn't support 48 month leases
    Thanks. Is this for Aug or Sept?

    August

    New programs start on Wednesday

    Please update me with Sept numbers. Thanks.
  • kyfdxkyfdx Moderator Posts: 257,401
    NMJJ said:

    kyfdx said:

    NMJJ said:

    kyfdx said:

    NMJJ said:

    36/12k
    48/12k

    X7 40 and x7 50 - zip 07601.

    Any incentives?

    Thanks

    36/12
    .00145 MF and 57% residual
    No lease incentives

    BMW doesn't support 48 month leases
    Thanks. Is this for Aug or Sept?

    August

    New programs start on Wednesday

    Please update me with Sept numbers. Thanks.
    36/12
    .00128 MF and 57% residual
    $1000 lease credit on "50" model, only

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  • dantastic1dantastic1 Member Posts: 14
    Hello - could you please provide the MF and Residual on a 2019, X7 40 in 80202 for 10k/36mo? If the residual stays the same as August but the MF is lowered, seems like a better deal compared with the new 2020's that are reportedly 56% / 00.128 for 10k miles a year. Thank you in advance!
  • kyfdxkyfdx Moderator Posts: 257,401

    Hello - could you please provide the MF and Residual on a 2019, X7 40 in 80202 for 10k/36mo? If the residual stays the same as August but the MF is lowered, seems like a better deal compared with the new 2020's that are reportedly 56% / 00.128 for 10k miles a year. Thank you in advance!

    .00128 MF and 58% residual

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  • nicksmu17nicksmu17 Member Posts: 187
    24/10 and 36/10 for x7 40 and x7 50 in 60521 please?

  • MichaellMichaell Moderator Posts: 255,693
    nicksmu17 said:

    24/10 and 36/10 for x7 40 and x7 50 in 60521 please?

    .00128 and 64% / 58%
    $1000 lease credit on 50i only

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  • AMDG2019AMDG2019 Member Posts: 2
    Hi 36/15 and 48/15 X7 40 and X7 50 2019 and 2020
    48348 please
  • kyfdxkyfdx Moderator Posts: 257,401
    edited September 2019
    AMDG2019 said:

    Hi 36/15 and 48/15 X7 40 and X7 50 2019 and 2020
    48348 please

    No support for the 48 month term.

    2019
    .00128 MF and 55% residual
    $1000 lease credit for 50 engine, only

    Please request 2020 model info, here:
    https://forums.edmunds.com/discussion/56889/bmw/x7/2020-bmw-x7-lease-deals-and-prices#latest

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  • Pepiny2k_Pepiny2k_ Member Posts: 7
    Hi, may I please have the info. for 2019 X7 4.0 36 mo. /7,500 miles zip code 33143. Any incentives on the 2019 model at this time?. What is the reduction on the MF per each Multiple Security Deposits? are still 7 the maximum number allowed? Many thanks!
  • MichaellMichaell Moderator Posts: 255,693
    Pepiny2k_ said:

    Hi, may I please have the info. for 2019 X7 4.0 36 mo. /7,500 miles zip code 33143. Any incentives on the 2019 model at this time?. What is the reduction on the MF per each Multiple Security Deposits? are still 7 the maximum number allowed? Many thanks!

    .00128 and 59%
    No incentives

    Max 7 MSDs @ .00005 reduction each - total .00035

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  • Pepiny2k_Pepiny2k_ Member Posts: 7
    May I please have for the 2020 X7 4.0
    36 /7.5k
    33143
    Any incentives?
    Thanks
  • kyfdxkyfdx Moderator Posts: 257,401
    Pepiny2k_ said:

    May I please have for the 2020 X7 4.0
    36 /7.5k
    33143
    Any incentives?
    Thanks

    .00128 MF and 59% residual
    No lease incentives

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  • dogballsdogballs Member Posts: 5
    Looking for MF and Residual on 2019 X7 5.0
    36/15k
    87122
    Thank You!
  • MichaellMichaell Moderator Posts: 255,693
    dogballs said:

    Looking for MF and Residual on 2019 X7 5.0
    36/15k
    87122
    Thank You!

    .00128 and 55%
    $1000 lease credit

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  • dogballsdogballs Member Posts: 5
    Thanks for quick response. Should have asked for 36/12k as well. What’s the impact to Residual?
  • MichaellMichaell Moderator Posts: 255,693
    dogballs said:

    Thanks for quick response. Should have asked for 36/12k as well. What’s the impact to Residual?

    57% for 36/12

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  • MightymightyMightymighty Member Posts: 50
    Hi!

    Can I please have the MF/Residual/Incentives for 36 months / 15K miles for the Pacific Northwest (Zip Code: Portland - 97266 or Seattle - 98195)?

    We're interested in the xDrive40i and xDrive50i.

    Thank you!
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