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2013 and earlier BMW X5 Lease Questions



  • Hi Carguy,
    Is the money factor for the 2011 X5 50 the same nationwide? I think the dealer I just had a lease made up for gave me a higher rate. With the .0021 MF the monthly payment was $50 less.

  • Tim,
    what are you finding the dealer to quote you on your X5 50 as far as price? how did you have it equipped? what did you lease payment come to?
  • I got the car $500 over invoice. MSRP is 72325. It was fully loaded minus the m package and running boards. The lease payment came out to $1040 with a .0025 money factor and 61% residual value. But based on the forums here the money factor should be 0.0021 which should make the payment around $980 with tax.

  • I negotiated and put down a deposit for this truck in Sept 2011. It finally is ready to be picked up this week, and I have questions about the new incentives versus my lease deal made in September, before the $500 price increase:

    2011 X5d MSRP $72,375
    Invoice $67065 (including $400 MACO and $200 Training/service fee)
    Selling price $63,565 (includes Sept $4500 ECO credit)

    Mileage 20,000/year x 36 months
    Residual factor 56% -$2,250
    Money Factor .0023
    Bank fee $925
    Total Capitalized Cost $64,490

    Monthly payment $964.43 + tax (9.25%) = $1053.64 per month
    Drive off is first month, doc fee, license = $1959.80

    The dealer told me that Nov.'s incentives of Holiday credit $2500 and $500 loyalty will only increase my cost because the MF and residual have changed in November to be less favorable to me. The MF in September was .0021, so dealership increased it to .0023, but it was still the best deal I could find at the time. I just hate to think there's a significant savings to be had now over September's numbers.

    Thanks for any input! :confuse:
  • I called some local dealers in my area to compare the money factor. I got another offer of $200 over invoice with a .0021 money factor. The dealer I went to get the first deal from wanted a printout of the money factor rate. I told him I got it off this forum. I decided to not pick up the car and he gave me crap about price shopping for a few dollars. I think a $1040 lease payment to a $974 payment is a significant amount of savings. After doing research on leasing is true you should never take the first offer until you do your homework.
    MSRP on the X5 50 was 72800. 3 year lease 10000 miles.

  • saranrsaranr Posts: 25

    The $500 loyalty credit is this official credit from BMW for existing BMW customers? The dealer I am working with did not mention this.
  • I think the $500 loyalty credit (which I saw was mentioned above on this board) may be dealer dealer said he's never heard of it...
  • 2011 X5d
    MSRP 61,475
    Selling price 55,604
    36 mo/15K
    residual 54%
    money factor .0022
    2855 due at signing(TTL + first payment)
    payment 766/month

    This will be my first lease of a car of any kind, so any and all suggestions would be helpful. This price includes the 3500eco & 2500 holiday cash. I want the payment a little lower, or at least a significant decrease in drive off fee. There is also a 169 processing fee already included in 55,604. Is this deal terrible? Invoice on is 56,540.
  • ogmanogman Posts: 7
    Back in mkt w/ $2.5K avaialble

    In Phx -- would go to LA to make a deal -- @ $65K (or approx $500 above invoice)thus not inclusive of incentive $$$ on 5.0 w/ the following equip: technology, premium, sports actvity (w/ 20" wheels) & premium sound packages + running boards & roof rails
  • saranrsaranr Posts: 25
    Looks like you are bein jipped. With an existing $6000 discount on X5D it appears the dealer is selling you the car approx at MSRP. Try to negotiate a selling price of invoice + 500- $3500-$2500. You payment will go down significantly.
  • Car_man or anyone else,

    Do you happen to know the December money factor and residuals on both the X5 35i Premium and the X5 35d for a 36month 12k/year lease?

    I'm assuming the $3500 eco credit on the 35d and the $2500 holiday cash is still valid for X5 ordered in December? Even if we can't take delivery until January because of the build time?

  • Query -- on the X5 diesel --
    If you get $2500 off and $3500 off,
    in terms of making a decision on lease vs purchasee
    (a) what is the MF for 3 yrs, 12000 miles, 15000 miles
    (2)) can you still get 0.9% interest on a purchsase with the above $6,000 off from BMW
    (3) Does anyone have thoughts on the future of diesel fuel prices. Here in L.A. they are somtimes a bit higher than preium, sometimes a bit loer.
  • jdl70jdl70 Posts: 3
    S. Florida dealer just quoted me $794 per month on vehicle with $61,975 (tech pkg, convenience pkg, some other extras as well). $1539 total at inception (tax, tag, first month). 36 months/10,000 miles.
  • Hey guys,
    I'm currently getting the following deal in the new york area

    New 2011 BMW X5 35i Premium with
    - Convenience Pkg
    - Technology Pkg
    - Running Boards
    - Heated Front Seats
    - 3rd Row Seating
    - Rear Entertainment System

    MSRP is 62825 for this car
    purchase price of 57335 including the holiday credit
    36 mo lease w. 10k mi/yr
    money factor is .00200, residual w/ 10k is 58%

    Dealer quoted me $768/mo paying taxes and fees upfront (approx. 4335) plus plates.

    Does it sound like a good deal to everyone?
  • Hey guys, similar questions to above...on an X5 diesel (NY area)

    Does anyone know if the $3500 diesel and $2500 holiday credits are both still in effect for December? And does anyone know the December residual and money factor on a 36 month/10K lease?

  • wsp13wsp13 Posts: 2
    Can someone please help me review the following two lease offers I have received from two different dealerships. I have never leased a vehicle before and would like to know if I am getting a good deal or not. The lease is for the following vehicle:

    New 2011 BMW X5 35i Premium with
    - Convenience Pkg
    - Technology Pkg
    - Running Boards
    - Heated Front Seats
    - BMW Assist w/ Bluetooth
    - Park Distance Control
    -Premium Stereo
    -Satellite Radio w/ 1yr Subscription
    -Navigation System

    MSRP is $61,713.00

    Lease Offer # 1:
    (not including tax or tag):
    36 Month Lease
    15K miles per year
    $55769 Cap Cost
    $33508.75 Residual (Lease end Purchase Price)
    .00200 Money Factor
    $0 Down Payment
    $796.90 Per month
    $1521.90 Total due at signing includes:
    $796.90 First Payment
    $725 Lease Acquisition Fee
    $28688.40 Total of payments(including first payment collected at signing)

    Lease Offer # 2:
    $499 doc fee
    $68 title
    3% NC Sales Tax
    $2500 rebate,
    Acquisition fee $725 (cost)
    Money factor (0.00215 buy rate)
    36 month lease
    15000 miles a year (55% residual) : $871/month (the $2500 rebate covers your upfronts :first months pmt and doc fee and monthly taxes and more)
    Residual at end is $33536.25 (then you can drop the car off, lease a new one, or buy yours back)

    What do you guys think about these two offers?
  • This looks like most of the others I'm seeing.
    4.8% MF the resi is in line with others based on the mileage & everyones getting about 5K off MSRP, which includes the 2500 holiday deal.
    Run the cost thru Truecar to see what other ppl pay.
    great price = 59296
    AVg = 59956
  • Do those monthly rates include sales tax?
  • Hello all,

    I live in Los Angeles
    I am going to lease an X5 Premium
    Convenience Package
    Technology Package
    MSRP 58,625

    On a 36 month 12K miles per year. Min drive off what Should I expect to pay?

  • wsp13wsp13 Posts: 2
    No, the sales tax was not included in the payment. The sales tax would increase the payment an additional $47.20 each month.

    Has anyone ever tried a balloon payment?
  • I certainly do, greg1981. BMW Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i Premium with 12,000 miles per year are .00200 and 57%, respectively for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical lease of a 2011 X5 35d are .00220 and 56%.

    Yes, the cash incentives that you mentioned are indeed still available. As long as you officially place your order in December you should be able to lock in the current program and take delivery in January.

    Prices Paid: Buying & Leasing Experiences Forum
  • Hey hachee2001. The cash incentives that you mentioned are indeed still available in December.

    BMW Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 diesel with 10,000 miles per year are .00220 and 57%, respectively.

    Prices Paid: Buying & Leasing Experiences Forum
  • topgun7topgun7 Posts: 412
    Anyone use a San Francisco area Dealer recently? I am shopping for an X5 and hoping to get the rebate before end of the year.. Any recommendation?
  • I am being offered $56,945 - the Eco Credit of $3500 - comes to $53545, +taxes, fees - the $2500 rebate, comes to $782 per month.

    Rip off?

    The X5 is a 2011, Premium, Cold Weather, Rear Climate, Tech, roof rails, side view camera, and iPod/USB adapter.

    The dealer claims he is offering it at $100 over invoice at $53545. Does this dealer cost sounds right to anyone? Shouldn't it be a bit cheaper at dealer invoice then knock off the Eco credit and holiday cash? That would take it down into the $40's, right?
  • a8175a8175 Posts: 6
    I just ordered my x5 35d. Prem package,Tech package,running boards,heated front seats,side view camera.

    3155.90 out of pocket . for taxes,first month,reg fees . Monthly payment 645.63. paid 52,480.00 after eco rebate and holiday credit. Think I got a good deal. I have dealt with this dealer before.
  • ras912ras912 Posts: 18
    Do you mind sending me the name of this dealer. I would liek to purchase a car from them. Having bad local experience.
  • ras912ras912 Posts: 18
    I'm close to ordering a x5d and the dealer is quoting a MF of .0022 and a residual of 54% (36 mo/15k yr). I have top tier credit. Their first try on the MF was .0026 and I called their bluff on marking up BMW FS's MF so they came down to .0022. I'm seeing other posts that the MF is .0020 -- but is there any correlation to length/milage? I got them to thrown in an additional $2500 from the dealer's side after all of the BMW USA and BMW FS (3500 + 2500) credits but they are charging a lease assumption fee of $725 and a dealer admin fee of $660.

    A) Do you think I am getting the best money rate, and B) is $2500 enough of a dealer contribution -- especially considering the other fees? Thank you.
  • ashkoashko Posts: 4
    carman - would appreciate your feedback here on dealer offer

    - MSRP: 56250
    - selling price: 54000
    - (5500) eco + holiday credit
    - residual: 57%
    - MF: .00235 (saying .0220 is only avail for BMW owners?)
    - monthly: 730 (tax included)

    i come up with diff numbers, appreciate your help

  • hkcarhkcar Posts: 2

    I received an offer as following from So Cal BMW dealer;

    MSRP $47300.00
    36month lease / 10000miles yr
    $647.00 / mo + tax
    $2000 total drive off

    Does this look good?
    I'm not familiar with MF and other terms.

    Thank you.
  • hkcarhkcar Posts: 2
    Thank you for your reply 18181818
    Should I ask dealer about MF and Residual when I sign this deal tonight? Will it help saving more money?
  • Hi ashko. As a non-returning customer you are eligible for the .00220 factor, but you have to pay a security deposit at lease signing in order to qualify for it. Returning customers can get the lower factor along with a waived security deposit.

    As far as the selling price that you were quoted goes, there's probably a spread of around $4,500 between this truck's full MSRP and its dealer invoice price. The $2,250 dealer discount that you were quoted is probably a little over $2,000 over invoice. That's not terrible, but there still some meat on the bone there. If you're in an area that has a decent level of competition, it wouldn't hurt to comparison shop to see if you can beat this offer.

    Prices Paid: Buying & Leasing Experiences Forum
  • ras912ras912 Posts: 18
    Carman -- what qualifies you as a returning customer for bmw fs, and therefore the lower mf and no sec dep? i've leased two cars in the last 12 years from them but my most recent car is not a bmw. What is the mf for an x5d if you are a returning customer? Thank you.
  • Hi ras912. I think that you have to have owned or leased a BMW within the past several months to qualify as a "loyal" customer.

    BMW FS' January buy rate lease money factor for the 2011 X5d is .00205 for non-loyal and .00175 for loyal customers.

    Prices Paid: Buying & Leasing Experiences Forum
  • ras912ras912 Posts: 18
    Thanks Carman. This makes for an interesting twist. I filled out a credit app with BMWFS on 1/3/11 to "lock in" the $2500 holiday cash and order a car for feb delivery. They promised me that if the money factors were better in feb, I would get them at that rate. Obviously, BMWFS inflates the money factors to cover some of the holiday savings. Do you know how it works -- if I push for the more attractive money factors, will I have to forefit the holiday cash? Thanks for your guidance.
  • No problem ras912. Your guess is correct. If you go with the January or February lease program you will not be able to take advantage of the holiday cash.

    Prices Paid: Buying & Leasing Experiences Forum
  • Hello!

    I placed an order for a '11 X5 35i Sports Activity Model in time to take advantage of the holiday cash, and would like to know what buy rates are for BMWFS and any other tips when closing my lease deal with my dealer. I have top tier credit. Can you also please explain to me how the holiday cash works? I know it is $2500, but not sure how it should be applied to best drive down my payment, and I don't understand how it is being applied to help me out. My dealer told me that BMWFS charges an acquisition fee of $925 (is it 925 or 725? I don't know... the dealer may be marking this up?) - is there any way to not pay this? I am doing a 36m/10k lease.

    Here's a run down of my deal as presented to me by my dealer... I've tendered my deposit, but haven't signed the deal as yet. Any help would be greatly appreciated :)

    MSRP: 66,175
    Selling Price: 61,605
    Factor: .00210
    Residual: 59%
    Fees: $599 (dealer fee), $38 doc fee, $210.52 upfront taxes
    Payment: $793.76 + tax /mo = $849.32/mo
    $1605.24 due at signing

    What are your thoughts on this deal? How can I best use the holiday cash? HELP!
  • FellirenFelliren Posts: 6
    edited January 2011
    The holiday cash is treated like a down-payment/cap-cost reduction.

    Therefore, you should still shoot for an agreed-upon price $500-$1,000 over invoice BEFORE the holiday cash is applied.

    The acquisition fee is legitimate. $725 is the official BMWFS fee and can be marked up to $925 by the dealer.
  • Thank you. The selling price doesn't include the holiday cash, and I agreed to a price that's $250 over invoice. Noted about the acquisition fee.

    What are your thoughts overall of this offer/deal? How can I perhaps improve it? One thing I wanted to know is can I pull the acq. fee out of the lease and use some of the holiday cash to pay for that? Any other tips?

    What's the buy rate & residual from BMW FS for my vehicle selected?

    Many thanks!
  • kyfdxkyfdx Posts: 167,589
    It really doesn't matter if you roll everything into the CAP cost, then apply the $2500... or, pull everything out, so that your $2500 covers the upfront cost.. The effect is exactly the same... You'll end up with a ZERO out of pocket lease, at the same net cap cost..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • ras912ras912 Posts: 18
    Based on everything I;ve seen, you are getting a better than average - to favorable - lease. The others are correct about the applicaiton of the $2500 as a cap cost reduction. One thing I will recommend that you analyze is the value of the $2,500 holiday cash versus the money factor in place at the time of lease inception (assume you ordered the car and locked in the holiday cash but will take future delivery). Basically I founds out that BMWFS marks up their money factor signficantly during Dcember. It offsets the cost of the holiday cash they are throwing you. Depending on the length of the lease, it's probably a break interest situation (ie you are paying a higher interest rate - 1.5 to 2 points - for 36 mos but getting a break on the cap cost). Worth downloading a calc from the iternet and running the numbers. Everything else in your deal seems fair -- except the markup of the BMWFS acq. fee. Only pay 725. They're getting a handosme doc fee ($599 i think you said)which should pad their pockets plenty! Nice job.
  • am1199am1199 Posts: 10
    Hi CarMan ,what is residual value and MF for January on 36/15k X5 3.5 d . Thanks
  • Hi am1199. BMW Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35d with 15,000 miles per year are .00205 and 53% for regular and .00175 / 53% for loyal customers.

    Prices Paid: Buying & Leasing Experiences Forum
  • romsskyromssky Posts: 16
    Hi, is this a good deal?

    MSRP: $60,175
    Sale Price: $57,400
    Term: 36/10
    MF: 0.0012
    Resid: 58%
    Pmt: $735 + tax

    Thank you.
  • ras912ras912 Posts: 18
    In my opinion, your discount off of msrp is better than average. It could be a little deeper but you are not that far off. I do not see posted lease rates for 10k miles/yr but the residual is right on the mark and their MF is less than the published 15k rates. Just make sure the acq. fee is $725 not $925 and that there aren't a ton of dealer fees added.

    Also, if you have extra cash, ask your dealer about multiple security deposits to further buy down the money factor.
  • romsskyromssky Posts: 16
    Thanks. In your opinion what's the best/realistic discount of MSRP I can get?
  • ras912ras912 Posts: 18
    Negotiate from dealer invoice UP not MSRP down. I'd spend the $14 and buy the consumer reports guide for your vehicle. Figure out Invoice and target an acceptabel selling price for $500-1000 above invoice.
  • Car Man,

    What is the current buy rate lease money factor and residual value for a 2011 X5 35i Premium on a 36 month lease and 10k/yr of miles? I am a first time BMW customer in NY and do not want to put any money down except potentially for security deposits.

    Thank you
  • Here you go, dang1776. BMW Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i Premium with 10,000 miles per year are .00140 and 58%, respectively for consumers who qualify for its top credit tiers.

    This vehicle's money factor is reduced to .00110 for loyal customers.

    Prices Paid: Buying & Leasing Experiences Forum
  • pcrispypcrispy Posts: 11
    Wondering if you know what the February rates are yet? I am interested in a 36 month, 12,000 miles per year on either a Premium or Sport Activity.

    Also, what gets the "loyal customer" status for the lower money factor? I purchased a used X3 at the same dealership about 2 years ago, but didn't know if that would count for anything.

    My dealer thought the numbers I was getting at LeaseCompare where way too low, I just think that they were assuming that I would be a sucker at paying MSRP.
This discussion has been closed.