92648 - Order and Lease a New X5 XDrive 45E with Lease Turn In

nick001nick001 Member Posts: 9
edited March 31 in BMW
Currently have a 2018 X3M40i with low miles. The lease ends in Sep 2021. My wife and I are considering ordering and leasing an X5 xDrive45e. Looking to combine loyalty + incentives + tax rebate. Looking for MF and Residual in 92648.

Does anyone think a loaded example (MSRP 82900) can be discounted to around 75K with all incentives and leased for 1 percent?

Comments

  • kyfdxkyfdx Moderator Posts: 187,631
    nick001 said:

    Currently have a 2018 X3M40i with low miles. The lease ends in Sep 2021. My wife and I are considering ordering and leasing an X5 xDrive45e. Looking to combine loyalty + incentives + tax rebate. Looking for MF and Residual in 92648.

    Does anyone think a loaded example (MSRP 82900) can be discounted to around 75K with all incentives and leased for 1 percent?

    Edmunds pricing tools

    There is no tax credit for you if you lease. That goes to the vehicle's owner.

    With the current program, you won't come close to 1% of MSRP.

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  • nick001nick001 Member Posts: 9
    When you say "won't come close" are we talking 1.2 or closer to 2 percent?
  • kyfdxkyfdx Moderator Posts: 187,631
    nick001 said:

    When you say "won't come close" are we talking 1.2 or closer to 2 percent?

    I'll guess 1.2%-1.5%

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  • nick001nick001 Member Posts: 9
    Looking at an X3M. Drove one and was impressed. Thank you.
  • sherbournedrsherbournedr Los Angeles Member Posts: 22
    Continuing the discussion here... for 90230 Zip Code, what is the current RV and MF for a 2021 xDrive45e with 7,500 miles and with 10,000 miles per year? Also, would you recommend buying or leasing now given the tax rebate/programs? Thank you.
  • MichaellMichaell ColoradoModerator Posts: 183,121

    Continuing the discussion here... for 90230 Zip Code, what is the current RV and MF for a 2021 xDrive45e with 7,500 miles and with 10,000 miles per year? Also, would you recommend buying or leasing now given the tax rebate/programs? Thank you.

    36/10
    .00093 and 54%
    $500 lease credit

    If you plan on keeping the car longer than 3 years, you should buy.

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    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sherbournedrsherbournedr Los Angeles Member Posts: 22
    Thank you, Michael, knowing my propensity to want a new car every two years I better lease it!
  • sherbournedrsherbournedr Los Angeles Member Posts: 22
    One more question! On the above chain, why did you say with the current program the original poster would not get more than 1% off MSRP? Should I be concerned about that?
  • MichaellMichaell ColoradoModerator Posts: 183,121

    One more question! On the above chain, why did you say with the current program the original poster would not get more than 1% off MSRP? Should I be concerned about that?

    You misunderstood the thread.

    There is a general rule, in leasing circles, that a good deal is a lease payment that is 1% of the MSRP amount. For the X5 45e, the lease program is not so good, so it's not likely that is achievable.

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  • sherbournedrsherbournedr Los Angeles Member Posts: 22
    Ah I understand now, thank you! Why is the lease program not so good on it, is the RV set artificially low thereby widening the lease payment?
  • MichaellMichaell ColoradoModerator Posts: 183,121

    Ah I understand now, thank you! Why is the lease program not so good on it, is the RV set artificially low thereby widening the lease payment?

    I don't make the news, I just report the news.

    The RV is what the bank thinks the car will be worth at the end of the lease term.

    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Moderator Posts: 187,631

    Ah I understand now, thank you! Why is the lease program not so good on it, is the RV set artificially low thereby widening the lease payment?

    Yes, the low residual is why the lease program is not great

    Edmunds Lease Calculator
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    Edmunds Moderator

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