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2013 and earlier BMW X5 Lease Questions
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Thanks!
any and all advice would be appreciated, thanks.
$685/Month
2011 X5 3.5 Sport; White / Oyster, 12K/36 Mo
Cold Weather
Sat Radio
BMW Assist w/ Bluetooth
$250 Over Invoice at $53,300 Buy / $56,975 MSRP
MSRP: $56,975
Buy: $53,300
Residual: $35,894 (63%)
Depreciation: $490 ($17,405/36 months)
Finance fee: $197 (@ .00220....[$35,894+$53,300]*0.00220)
Total: $687 - buy at $685 (~$7 more than my calculation)
$4307 Up front:
1st Month: $685
Acquisition $725
Security $700
Doc $75
Tags: $250
Tax: $1,872 (7.375% calculated on $25,385 ... $24,660 monthly payments and $725 acquisition)
Hope this helps, PM me with any questions or the dealer
Looks like you got a pretty good deal. What dealer was this?
thanks for the post
I got the deep sea blue w/ beige interior and poplar wood. I did not get the running boards b/c of all the discoloration issues I have read about. I will wax asap. Thanks again! I feel like I negotiated pretty strong and ended up with a great deal! I'm proud of myself, lol- and reading all these posts helped SO much!
Let me say that all the deals in my area were willing to meet the pricing; it came down to 2 - I had the great fortune to work with two wonderful salesmen - and that made the difference. Other dealers may have been closer or offered more perks - but the people I contacted / negotiated with just ... well, sucked - one even said he had to be haughty as he worked in an upper class area selling a luxury vehicle. But he met the pricing.
My two final choices were Orange County BMW in Harriman and Westchester BMW in White Plains. I ended up at Westchester, right place, right time, right relationship. My old sales guy moved, so after 2 cars from him - had to find a new sales guy - hopefully, this guy will work out just as well in the future. I would also give BMW of Tenafly a try- great folks - just too far away.
Good Luck.
Enjoy your new ride!
Car_man
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Car_man
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There's nothing wrong with trading your Acadia in when leasing your X5, however it would be in your best interest to have the dealer cut you a check for it rather than using the proceeds as a down payment for your lease. I always advice consumers to put as little money down when leasing. Consumers who make large down payments risk losing them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means your monthly payment will be higher, it is much safer to go with a zero down lease.
Car_man
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BMW Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 Diesel with 12,000 miles per year are .00220 and 58%, respectively for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical 42 month lease are .00220 and 52%.
Car_man
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Any suggestions you have would be greatly appreciated. I have been shopping many dealers and have found a few that will get real close to Invoice (w/in 1500 or so, still working on them and of course the dealer ship in my backyard doesn't want to play (Seattle)) I have to ship the rig back to AK so right off the bat I am $1250 negative. So, it is crucial I negotiate an aggressive deal to compensate for the added costs of shipping.
There is some good dialog out there and you are providing a great service with this informational forum!
thanks
AKBuyer
$3,000 down
3yr lease w/ 10K miles
$890/mo + tax
equipped with technology, premium, sports actvity (w/ 20" wheels) & premium sound packages + running boards & roof rails
what is your general location or state?
I am considering a similar packaged vehicle right now and I am finding that invoice is approx. 6.2 to 7% ish of MSRP based on the 15-20 dealers I have contacted regarding their vehicles.
$66,400 pp
What are the October buy rate lease money factor and residual value for 36 month lease of a 2011 X5 premium with 12,000 miles per year? Assuming top credit tiers.
Thanks!
Through November 1st, BMW Financial Services' November buy rate lease money factor for a 36 month lease of a 2011 X5 50 is .00190.
BMW is scheduled to introduce its new November lease program some time tomorrow.
You can find the exact dealer invoice price of the X5 that you are interested in over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
BMW is scheduled to introduce its new November program some time tomorrow.
Car_man
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would you suggest the select program or a lease?
Thanks for the info and I have been finding that there are a few dealers out there which are very willing to work to get close to invoice pricing. do you have any suggestions on a place to call close to AK?
thanks!
Can you post money factor and residual for the new November lease deal for an X5 diesel with Premium Package and Heated seats. 10k/36mo Also, how does the Eco Credit and Holiday credit factor in the "669" / month payment? Is it at MSRP minus those discounts? Is there room to have the payment lower if you can negotiate closer to invoice?
Thanks!
36 months / 12k
MSRP: 61525
Cap: 57745 - $100 cap reduction
MF: .0022 - MSD x7 (.00171)
Residual: 62%
Monthly $749 (inc 6.25% tax)
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First I'm curious if folks in MA are getting similar offers (or better). It ends up being 1100 or so over invoice.
Second, the new Nov MF and residuals aren't out yet, but if I choose to go with the numbers can I apply the $2500 Holiday credit to the purchase price?
Thanks!
Unfortunately, I am not familiar with the dealerships in the Alaska area.
Car_man
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When negotiating your lease on this truck, make sure to take advantage of the $2,500 cash incentive that is now available on it.
Car_man
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Car_man
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MSRP: 61525
PP: 55245 (57745-2500 Holiday if it works this way)
MF: .0020 -MSD x7 (.00151)
Residual: 57% (36m / 12k)
Monthly: $740.37 (inc 6.25% tax)
So I save 10/mon and $100 (prior down).
Plus I get a cheaper buyout at the end if I am so inclined...?
Is that how the holiday credit would work?
Car_man
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Can you please post the money factor and residual value for a 3 year 10,000 mile lease on these three configurations?
1. 35i Sport Activity
2. 35d
3. 50i
All will be loaded.
Thank you!
got #s from my dealer in ny
tech, prem, 3rd row, cold, roof rails MSRP $61,575 cap. cost $50,947
$635/mo plus tax, DMV, bank fee, 1st month
can i do any better? and will i get it before xmass?
Is it possible to get 2011 X5 Basic no options 36m/12k/ 0 down for $600 including NYC tax. If anybody knows a good dealer please let me know.
P.S
I have $650 quote from local dealer but not jumping in yet.
Thanks a lot,
Gary.
2011 X5 35d
Premium, cold weather, premium sound, technology, roof rails
MSRP: $61575
Negotiated deal: $59,030 -$3500 eco -$2500 holiday cash-$500 loyalty = $52,530
Lease: 36mo, 10K, .0026 money factor, 57% residual, $772 per month
No security deposit, no cap reduction.
I feel like I did a good job on price (?) but am being swindled on the lease deal.... any help is so appreciated.
good luck
The numbers for an otherwise identical lease of an '11 X5 35d are .00220 and 57%.
The numbers for an otherwise identical lease of an '11 X5 5.0i are .00210 and 61%.
When negotiating your deal on any of these trucks, make sure to take advantage of the $2,500 Holiday Credit that is currently available on the X5.
Car_man
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they are quoting 56% residual and MF of .00235, 12k/year. this is thru carsdirect.com. i'm asking them to rerun at 57% and 0.0022 MF, but i still don't anything close to 635/month and i have less options?
I live in the SF bay area and they would have to order the car.
what am i missing?
What is the $500 loyalty you mentioned in your email. IS that a BMWCCA discount or a BMW discount.