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2013 and earlier BMW X5 Lease Questions
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Current BMW owners and lessees are eligible for the improved, loyalty money factor. If you still have your X3 there's a good chance that you qualify for it.
Car_man
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Thanks! You all have been a terrific help!
BMW Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2011 X5 35i Sports Activity with 15,000 miles per year are .00155 and 56%, respectively for consumers who qualify for its top credit tiers.
This truck's money factor improves to .00125 for loyal customers.
Car_man
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MSRP: $62,325
Invoice: $57,545
Dealer mark up: $750
MACO fee: $400
Bank ACQ fee: $925
Total Cap Cost: $59,620
36th months
15k miles/year
Residual: 56%
MF: .00165
$842.57 per month + $82.15 tax = $924.72
Drive off:
$1,771.72 ($924.72 + $802 Lic & Reg + $45 Doc fee)
I went today to get pricing on a new X5. A 2011 premium model 10,000 miles p/yr, conv. package, heated front seats. It came out to $2,500 down and $760 p/month. Is this a good or bad deal. What have other people been getting on leases in the NY area. Any recommendations?
Thank you all so much for ALL of your help! I now have a gorgeous '11 X5 in my garage I feel like I got a very good deal, definitely with your help! I was able to negotiate myself a fantastic lease rate, the dealership was surprised that I knew about them marking up the acq. fee (thanks to you all they lowered it to the $725!), and overall I walked into the F&I office with a definite hands up. The F&I chick told me that she had never worked with such an educated client and asked me if a friend of mine works for BMW/BMWFS.
Anyhow, thank you again. I really do appreciate it. Oh, and FYI, I did check with BMWFS about the loyalty programs and you have to actually be a BMWFS client within 6 months trailing of signing a new loan/lease to qualify for that bonus.
One final question: I purchased a Fidelity tire and wheel warranty agreement which has been a godsend and I am definitely going to buy another. It cost me $736 for the enhanced coverage and has now paid for itself twice over with my old X5. I asked the dealership about buying a new agreement and they quoted me a price of $1295, which is nearly double what I initially paid not even a year ago. Does anyone have any tips of where I can buy a Fidelity tire and wheel warranty agreement at a good price? I want Fidelity specifically, because they are a piece of cake with claims through my dealer.
MSRP 61,575.00
Lease special on financial service $739.00 based on MSRP $56,575.00.
How much discount can I get in bay area? What lease paymnet?
Thanks.
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Car_man
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Car_man
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What are the current money factor and residual for 36month 10K miles a year lease for 2011 X5 xDrive35d model?
Here's the deal I got:
MSRP: $59,425
Sale Price: $55,200
Resid: 58%
MF: 0.00061 (Loyalty + max MSD)
Term: 36/10
Pmt: $630 + tax
Hope this posting helps, this forum certainly helped me.
Hope this helps, this forum certainly helped me
Thanks for the info, if you do not mind few questions,
How much down did you put?
What state and Dealer?
Is the diesel more money with same options? Why did you prefer the Gas?
How did you qualify for MF: 0.00061 (Loyalty + max MSD) ?
Thanks
It's a NJ dealer through a NY leasing co.
I didn't care for a diesel engine, although I did hear good things about it.
To qualify for a Loyalty rate (0.0011) you need to be BMW FS current customer. Every additional security deposit reduces your MF by 0.00007, there is a limit of 7, which adds up to a reduction of 0.00049.
What options you have, MSRP?
You can lease new 650-750.
If payment is comparable, I will lease new and take advantage of Loyal customer discount on lease.
What's the benefit of putting down 7 security deposits. I understand that it lowers your money factor, thus your monthly payment. However, can't the dealer say that there is excessive wear and tear damage and make up stuff to dip into your security deposit. I guess the question I am asking is there any way you won't see that security deposit. Do you get it back say if your car is totalled, unlike say a down payment?
Thanks
So, if the dealer can list $3000 of end-of-lease charges, you will owe the money, regardless..
But, where is the motivation? The dealer doesn't hold your security deposit. And, they don't get the damage charges..
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Do you know what are March numbers for X5 xDrive35i Premium & Diesel?
I'm ingterested in 36 month 10K.
Is ecco rebate still available
Thank you
MSRP: 61,800
Final Price: 57,500
15,000 miles a year/36 months
4500 due at signing
741 a month including NY taxes
Let me know if you want the name of my dealer, he was phenomenal
This is my 3rd BMW from the dealership in NYC. I had bought a 540i in 2000, traded that in to them and leased a 2005 X5, then in 2008, leased my current X5. What is the Loyal Customer dicsount? Do they offer it in NYC? I just had to trade it in and have to put another $3-4k down. Please let me know your thoughts.
This factor is reduced by .00030 for loyal customers.
Car_man
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The numbers for an otherwise identical lease of an '11 X5 35d are .00205 and 56%.
These money factors are .00030 lower for loyal customers.
The Eco rebate is indeed still available.
Car_man
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I am looking for the 2 and 3 year lease residual and MFs on the X5 3.5i sport for 12k miles a year. Let me know. Thanks for your help.
And what state you are in?
can you tell us briefly what the eco credit is all about? thanks.
The numbers for an otherwise identical 36 month lease are .00175 and 53%.
The money factors for loyal customers are .00030 lower.
Car_man
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Car_man
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What are the March rates for Diesel and Premium for 36 month/ 15K miles, 36 month/12K miles ?
Also, what are the specifics I need to ask for from the dealers for lease quotes ?
Highly appreciate your input
Do you have residual value and money factor for 2012!! BMW X5 35i Sport Activity? I am planning to order 2012 model (factory will switch to MY2012 in April) and struggling to find any numbers.
Thanks in advance.
36mo/12000 per year
Is there any change to the MF/residual with the regular 35i without premium?
Anyone care to report any recent deals with details?
I am in Texas.
Thanks very much,
i have leased two X5s before...everytime i sign the lease contract, i'm getting new license plates...could i just keep the one i have?...what is the dealer getting out of this "gimmick"?...i'll appreciate any info from car_man or others...
In fact, you could probably buy it from BMWFS for the payoff, right now, which is likely $36K or less...
Hopefully, your dealer is quoting you a price with CPO added... otherwise, they are trying to take advantage of you..
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I'm pretty sure they can also sell you the extended warranty that comes with the CPO... Of course, it will be at MSRP ($3000 or so?).
If you decide you want to buy the car through a dealer, and have them actually CPO the car.... you can shop that deal, as well.... you don't have to do it through your selling dealer...
regards,
kyfdx
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2012 X5 35d (building it)
MSRP $62,725
Sales price $55,080
36Mo./ 15K miles / BMW loyalty
Tags / Title / Luxury tax ($220) / $725 bank fee / 1st. months payment up front.
Monthly payment of $825 inclusive of 7% sales tax.
Thoughts?
For a selling price of $54,500 for a 2011 X5 Diesel ( Prem, Tech, Roof rails, 3rd row seat, running boards, smart phone, iPOD/USB adopter, Heated front seats) for 10 K Miles
with March MF = .00205 and 56% residual
What should my numbers look like for Dallas (Texas) ? I can do 3500 down payment.
Can you please let me know?
I heard that monthly nmbers go up by $21 on the 12KMiles and $33 on the 15K miles options ? Is this true ?
Thanks
Does the $825 includes sales tax and no down payment ?
Thanks