2015 BMW X5 Lease Questions

gcook · August 2014

is this an ok lease deal? 2015 X5 35i 10k miles/yr is 57% and the Money Factor is at .00170 , $63,425 , $10K down? Credit score is over 800.

kyfdx · August 2014

@gcook said:
is this an ok lease deal? 2015 X5 35i 10k miles/yr is 57% and the Money Factor is at .00170 , $63,425 , $10K down? Credit score is over 800.

The money factor is marked up the maximum allowed over the base rate of .00130.

Why put all that money down on a lease?

gcook · August 2014

I thought it might be a good way to make a lower payment.. ok so I need to get the money factor lower and maybe put 5k down.

kyfdx · August 2014

A big downpayment will lower your monthly payment, but it really isn't saving much money.

gcook · August 2014

I asked for a lower rate and here's what they said... is this true.. It looks like there is 1% interest on .00130 vs .00170..

The standard rate is .00170 and the buy rate is .00130. Even if you have top tier credit (740+) you would get the standard rate. Anything below 740 credit score BMW will start to add points on top of the .00170, not .00130. BMW allows us to mark up the rate since it allows finance to make a little bit of money (full disclosure it’s only about $500).

Michaell · August 2014

@gcook said:
I asked for a lower rate and here's what they said... is this true.. It looks like there is 1% interest on .00130 vs .00170..

The standard rate is .00170 and the buy rate is .00130. Even if you have top tier credit (740+) you would get the standard rate. Anything below 740 credit score BMW will start to add points on top of the .00170, not .00130. BMW allows us to mark up the rate since it allows finance to make a little bit of money (full disclosure it’s only about $500).

I don't agree .. dealer is trying to use semantics to mark up the rate. The base rate is .00130 ... this is what you should be negotiating for in your lease deal.

They are correct in saying that BMW allows them to mark up the rate for extra profit.

Might be time to contact another BMW dealer.

jddssc121 · August 2014

@gcook said:
I asked for a lower rate and here's what they said... is this true.. It looks like there is 1% interest on .00130 vs .00170..

The standard rate is .00170 and the buy rate is .00130. Even if you have top tier credit (740+) you would get the standard rate. Anything below 740 credit score BMW will start to add points on top of the .00170, not .00130. BMW allows us to mark up the rate since it allows finance to make a little bit of money (full disclosure it’s only about $500).

BMWFS says a score of 675 or greater qualifies for the buy rate.

They're just trying to milk you for $$

igo2 · August 2014

Hello, I am trying to negotiate with a dealer on x5 2015 xDrive35d MSRP 65,200. I would like 36mo / 12K lease. I am getting about 5% off the MSRP but the dealer claims the MF is 0.00130 buy rate and they can't go any lower and RV is 56%. Such RV 56% seems quite low, but they showed me BMW published numbers.

They also said that they new program and maybe incentives are coming out on Sept
4. Any knowledge of that?

And last question, what do you think a good deal monthly payment if I put down $1,500 cap reduction.

Thank you very much!

Michaell · August 2014

@igo2 said:
Hello, I am trying to negotiate with a dealer on x5 2015 xDrive35d MSRP 65,200. I would like 36mo / 12K lease. I am getting about 5% off the MSRP but the dealer claims the MF is 0.00130 buy rate and they can't go any lower and RV is 56%. Such RV 56% seems quite low, but they showed me BMW published numbers.

They also said that they new program and maybe incentives are coming out on Sept
4. Any knowledge of that?

And last question, what do you think a good deal monthly payment if I put down $1,500 cap reduction.

Thank you very much!

I confirm the .00130 MF and 56% residual for 36/12 on the 2015 X5 xDrive 35d.

With an MSRP of $65,200 and a selling price of $61,940 (5% discount), I calculate a pre-tax payment of $834.32.

$1500 cap cost reduction will reduce your payment by about $42/mo ($1500 / 36).

The current BMW numbers expire on 9/2, so new numbers would be released the next day.

igo2 · September 2014

Hello, I am trying to find out the new MF and RV for 2015 X5 xDrive35d (diesel). BMW is supposed to release new numbers today. If you have it, could you please post it here. Thank you!

lloyd5 · September 2014

Hi, could you please post the September 2014 MF and RV for the 2015 X5 xDrive 35i for 36 months and 10K/yr? Thank you.

kyfdx · September 2014

@igo2 said:
Hello, I am trying to find out the new MF and RV for 2015 X5 xDrive35d (diesel). BMW is supposed to release new numbers today. If you have it, could you please post it here. Thank you!

.00129 MF and 54% residual for 36mo, 15K/yr

kyfdx · September 2014

@lloyd5 said:
Hi, could you please post the September 2014 MF and RV for the 2015 X5 xDrive 35i for 36 months and 10K/yr? Thank you.

.00129 MF and 57% residual

slo929 · September 2014

Hi,
Looking at a 2015 X5 lease. are there any BMW incentive programs (loyalty ect.) available currently to negotiate down the MSRP at the dealership? the MSRP on the X5 I'm looking at is $70,325, and i feel they have room to improve. any info would be greatly appreciated.

kyfdx · September 2014

@slo929 said:
Hi,
Looking at a 2015 X5 lease. are there any BMW incentive programs (loyalty ect.) available currently to negotiate down the MSRP at the dealership? the MSRP on the X5 I'm looking at is $70,325, and i feel they have room to improve. any info would be greatly appreciated.

No incentive programs, but dealer invoice is about 7% below MSRP. That is your negotiating room.

However, keep in mind that the X5 is one of the top ten fastest selling vehicles in the US. Big discounts might be hard to come by.

slo929 · September 2014

Thanks so much! thats what the dealer keeps telling me too!
How does this deal sound.
Term: 36 months
Residual: .54
MF:.00160
MSRP:$70,325
sale price: $68,000
$2195 at signing
taxes $2141.27
doc fee $199.00
recording fee: $69.00
Monthly Payment : ?

I originally was trading a car in now I'm not so the payment i have is off I'm sure.
They also did not disclose cap costs, so any info would be great so when i go back i could be better informed.

Thanks again!

lambusser · September 2014

Hello,

I'm looking at building a xDrive35i or xDrive35d. I saw a few posts back that the September MF/RV for the 35i @10k/yr is .00129/57%. Is that the same for the 35d? Also, do you have the amount per $1k cap cost reduction that I should expect the monthly payment to decrease for each?

There is another option that I have. There is a 2014 50i on the floor at a MSRP of $87,025 (including the $925 destination charge) which has a ton of options on it. The challenge is that it was the GM's demo car and it has 3,000 miles on it. They offered the following:

$2,500 off to "compensate" for the 3,000 miles
$1,522/mo (pre-tax) for a 24mo lease @ 12k/yr
$1,289/mo (pre-tax) for a 36mo lease @ 12k/yr

I'm wondering if I could push for a much better deal than what they're offering.

Thank you for everything on this forum!

Lam

lloyd5 · September 2014

Hello, I wanted to get your opinion on a deal I am negotiating. I am going to order a 2015 X5 xDrive35i. MSRP is $63,500, dealer is selling it to me for about a 4% discount ($60,900). MF is .00129, residual on a 36/10k of 57%. I am putting $0 down for cap cost reduction, just typical start-ups of 1st payment, doc fee, etc. for a total of about $1,800 at signing. Payment of $813 per month without tax, $886 per month with state usage tax included.

Michaell · September 2014

@slo929 said:
Thanks so much! thats what the dealer keeps telling me too!
How does this deal sound.
Term: 36 months
Residual: .54
MF:.00160
MSRP:$70,325
sale price: $68,000
$2195 at signing
taxes $2141.27
doc fee $199.00
recording fee: $69.00
Monthly Payment : ?

I originally was trading a car in now I'm not so the payment i have is off I'm sure.
They also did not disclose cap costs, so any info would be great so when i go back i could be better informed.

Thanks again!

The base MF this month is .00129, so the dealer is marking that up on you. 54% is the 36/15 residual.

With the base MF and your MSRP and selling price, I get a pre-tax payment of $970.72.

kshankar · September 2014

You should check out www.bimmerfest.com. Lot of dealers on there. According to many folks there, they have ordered 2015 X5 at invoice or $500 above invoice. One person who had a $1000 certificate from the ultimate drive event, was able to order one for $1000 under invoice. Plenty of inventory out there and lots of leftover 2014s on dealer lots. Nothing to lose.

lloyd5 · September 2014

Thank you for the above post. I found a dealer who will build me a 2015 X5 xDrive35i with an MSRP of $64,375 and sell it to me for $60,500, a 6% discount. I have to come with $2,100 for start-ups, no cap cost reduction and the pre-tax payment is $788 per month for 36/10K. There may be a little more left on the table but after working with three other dealers I think it's about as good as I'm going to get.

kyfdx · September 2014

@lloyd5 said:
Thank you for the above post. I found a dealer who will build me a 2015 X5 xDrive35i with an MSRP of $64,375 and sell it to me for $60,500, a 6% discount. I have to come with $2,100 for start-ups, no cap cost reduction and the pre-tax payment is $788 per month for 36/10K. There may be a little more left on the table but after working with three other dealers I think it's about as good as I'm going to get.

That's a pretty good quote... 6% off and base money factor..

kshankar · September 2014

lloyd5, see if you can sign up for the un4gettable drive event or the ultimate drive event. You can look up these on the www.bmwusa.com and see if a dealer is near you. If there is one, sign up for one or both and you will get a $1000 certificate for each event. You will however not be able to combine both certificates but $1000 off is still pretty good!

igo2 · October 2014

Please post MF and RV for 2015 X5 3.5 xDrive diesel 12k/Yr. for 36mo

Also, do you know if there are any promotions available from BMW for this model?

Thank you!

kyfdx · October 2014

igo2 said:
Please post MF and RV for 2015 X5 3.5 xDrive diesel 12k/Yr. for 36mo

Also, do you know if there are any promotions available from BMW for this model?

Thank you!

.00129 MF and 58% residual.

The 2015 BMW X5 is the fastest selling vehicle in the country (based on days on dealer lot). So, I don't think you'll be seeing any incentives.

ivandrago · October 2014

What is the current MF and residual for October? X5 35i, 10K/yr for 36 mo.

I am about to pick up my pre-ordered car at a dealer under September terms which were .00130MF and 57% residual. I hope the terms improved this month.

Thanks!

Michaell · October 2014

ivandrago said:
What is the current MF and residual for October? X5 35i, 10K/yr for 36 mo.

I am about to pick up my pre-ordered car at a dealer under September terms which were .00130MF and 57% residual. I hope the terms improved this month.

Thanks!

xDrive 35i?

.00129 and 59% for 36/10

Add 1% if sDrive

xodds · October 2014

What are the current residuals and MFs for X5 35i, 12K/yr and 15K/yr for 36 mos? Thanks.

Michaell · October 2014

xodds said:
What are the current residuals and MFs for X5 35i, 12K/yr and 15K/yr for 36 mos? Thanks.

.00129 and 56% for 36/15. Add 2% for 12K.

tdh13 · October 2014

Hello Everyone: we are looking at a 2015 X5 with a quote consisting of MSRP $78,700 Selling $76,329. trade allowance of $9,500 term $10,500 down and $615 per month 36mo/15k. I believe that we can get the selling price lower given average retail in my area of $76,100. Considering putting 10.5k down with trade to lower payments but also willing to consider less money or no down payment with trade. What is the MF on a MSRP and 36mo/15k per year. What would you suggest for good deal? Also looking for a new 2014 as well to see if greater incentive to sell.

tdh13 · October 2014

meant to include that the car is x5 5.0 with m package.

kyfdx · October 2014

tdh13 said:
Hello Everyone: we are looking at a 2015 X5 with a quote consisting of MSRP $78,700 Selling $76,329. trade allowance of $9,500 term $10,500 down and $615 per month 36mo/15k. I believe that we can get the selling price lower given average retail in my area of $76,100. Considering putting 10.5k down with trade to lower payments but also willing to consider less money or no down payment with trade. What is the MF on a MSRP and 36mo/15k per year. What would you suggest for good deal? Also looking for a new 2014 as well to see if greater incentive to sell.

.00129 MF and 56% residual.

The X5 is the fastest selling model in the U.S. Given that, your discount is decent. Rather than put the money down, ensure you are getting the base money factor, and then use Multiple Security Deposits (MSDs) to lower the money factor to .00080.

7 MSDs would be $7000-$7700, but in return, your payment would drop by $60-$65 per month for a savings of $2200 over the life of the lease. (MSDs are refundable, like any security deposit).

annielink · October 2014

hello. i'm new to leasing and everyone I've spoken to has said to check out the forums for residual value vs what i'm paying, etc. - hoping someone can help.

i'm looking at a 2015 x5 xdrive 35i. optional rear view camera, rear window shades, and 3rd row. 42mo/12k with 4k down. monthly payment is 680. is that a good deal? how do I calculate residual and MF?
thanks for your help.

annielink · October 2014

found out - MF is 0.00129 and rv is 58. does that sound right? thanks!

Michaell · October 2014

annielink said:
found out - MF is 0.00129 and rv is 58. does that sound right? thanks!

Those are the correct numbers for 36 months and 12,000 miles per year.

The 42 month numbers are so bad we don't want to post them here.

We do not recommend you put money down on a lease - instead, use the cash to reduce the MF by making multiple security deposits.

In order to model a payment we would need to know both the MSRP (sticker) and the negotiated selling price.

Residual value is computed against the MSRP.

annielink · October 2014

haha! how's 36mo/12k for 690?

msrp is 60800 and he says he's giving me a selling price of *around* 55800. i'm trying to reverse calculate but numbers aren't balancing out.

annielink · October 2014

ok. got the numbers to balance out. just wondering if that's a good deal?

kyfdx · October 2014

annielink said:
ok. got the numbers to balance out. just wondering if that's a good deal?

If you are getting the base money factor and $5K off MSRP on a new X5, that's a good deal.

annielink · October 2014

thanks for your help!

thomaspink · October 2014

Can someone help me with this months mf/residual numbers on a x5 w/ 15000 mi at 36 months?

Michaell · October 2014

thomaspink said:
Can someone help me with this months mf/residual numbers on a x5 w/ 15000 mi at 36 months?

.00129 and 56%.

thomaspink · October 2014

Hey Thank you!

papadoc8 · October 2014

What are this months MF / Residuals on a 2015 X-5 3.5i Sports Activity for 24/10, 24/12, and 24/15 absolutely fully loaded

kyfdx · October 2014

papadoc8 said:
What are this months MF / Residuals on a 2015 X-5 3.5i Sports Activity for 24/10, 24/12, and 24/15 absolutely fully loaded

.00129 MF and 64% for 24mo, 15K/yr.

Add 2% for 12K/yr or 3% for 10K/yr

papadoc8 · October 2014

Thank you for information on 24 month lease MF / Residuals. Would you also give me the Residuals for 2015 X-5 3.5i SAV for 36/10, 36/12, and 36/15 just to have both sets of figures. Again, thank you!

Michaell · October 2014

papadoc8 said:
Thank you for information on 24 month lease MF / Residuals. Would you also give me the Residuals for 2015 X-5 3.5i SAV for 36/10, 36/12, and 36/15 just to have both sets of figures. Again, thank you!

The MF is the same at .00129. 36/15 residual is 56%. Same adjustments for 12K and 10K apply.

papadoc8 · October 2014

Another question concerning X-5 lease. What are the current incentives / rebates / promotions for October. My last lease included a USAA of $1000.00 rebate and a loyalty incentive of $750.00. Are there any current promotions by BMW to dealers that you know of? Thank You!

Michaell · October 2014

papadoc8 said:
Another question concerning X-5 lease. What are the current incentives / rebates / promotions for October. My last lease included a USAA of $1000.00 rebate and a loyalty incentive of $750.00. Are there any current promotions by BMW to dealers that you know of? Thank You!

The only incentives we know of are the innovations credit, which doesn't exist for the X5 ... I would suggest you use the "Car Research" tab at the top of the page to find any other current BMW incentives.

hk007 · November 2014

Hi Michaell/kyfdx,

Any change in X5 programs for Nov? Is xDrive35i still 0.00129MF and 59% for 10k/36mo? Any holiday cash or 39mo program?

Thanks!

Michaell · November 2014

hk007 said:
Hi Michaell/kyfdx,

Any change in X5 programs for Nov? Is xDrive35i still 0.00129MF and 59% for 10k/36mo? Any holiday cash or 39mo program?

Thanks!

MF has crept up to .00130 for November. 62% for 39/10.

hk007 · November 2014

Michaell said:

hk007 said:
Hi Michaell/kyfdx,

Any change in X5 programs for Nov? Is xDrive35i still 0.00129MF and 59% for 10k/36mo? Any holiday cash or 39mo program?

Thanks!
MF has crept up to .00130 for November. 62% for 39/10.

62% for 39mo for X5? Wow that's amazing!!! Are you sure it's not a typo?

That's a huge improvement. 3% increase for 39 months, not even 36!

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