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2016 BMW X5 Lease Questions

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Comments

  • newtown03newtown03 Posts: 12
    Hi, Thank you, I am checking with dealer on the MF, sales tax is 7.45% and located in Missouri.

    Thank you
  • MichaellMichaell ColoradoPosts: 158,327
    newtown03 said:

    Hi, Thank you, I am checking with dealer on the MF, sales tax is 7.45% and located in Missouri.

    Thank you

    Not sure how MO deals with lease tax; if I add it onto the payment, I get $983/mo.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • newtown03newtown03 Posts: 12
    Hi, okay..they are quoting me a MF of .00175 on this deal, I guess thats why the payment is higher.
  • MichaellMichaell ColoradoPosts: 158,327
    newtown03 said:

    Hi, okay..they are quoting me a MF of .00175 on this deal, I guess thats why the payment is higher.

    Yep, max markup on the MF.

    Find a dealer willing to give you the base MF ..

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • newtown03newtown03 Posts: 12
    Thank you, the original dealer came down to $1000 per month, but I decided called another local dealer, I gave them my X5 build and that I wanted .00135 for the MF, this new dealer quoted me a price of $970 per month for the same deal(36months-12,000miles-$0 down) with 6% off MSRP plus the $1000 loyalty instead of the 5.5%.

    Thank you for the help!!
  • MichaellMichaell ColoradoPosts: 158,327
    newtown03 said:

    Thank you, the original dealer came down to $1000 per month, but I decided called another local dealer, I gave them my X5 build and that I wanted .00135 for the MF, this new dealer quoted me a price of $970 per month for the same deal(36months-12,000miles-$0 down) with 6% off MSRP plus the $1000 loyalty instead of the 5.5%.

    Thank you for the help!!

    Looks good. Saved $3600 or so with a phone call.

    The $970 includes tax?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • newtown03newtown03 Posts: 12
    Yes, the $970 includes tax and all other fees(tags and processing) included in the monthly payment, salesman stated all I would need is the first month lease payment the day I pickup the X5, but you never know once they put this all in writing for me to sign. He did quote me $998 per month, but said with the $1000 loyalty program(which ends 3/31) that it would bring the lease amount down by $28 a month to $970.

    The salesman seemed to think the April deals wouldn't be any worst than March and suggested not needing to do the deal before the end of the month which seemed really strange to me, I never had a car salesman say this before.

    The March BMW deals on the X5 e40 is $1000(loyalty) and $5000 lease buy down ends 3/31.

    Total of $10,865 off the $81,070 MSRP for a total of $70,205...13.4% discount off the MSRP

    Thank You!
  • nickb81nickb81 Posts: 36
    Any idea on April numbers for X5 sdrive35, xdrive35/35d and 40e? Will the $2k/5k rebate carry over? For comparison, what are the march residuals for 36 months with 10k/ yr?
  • MichaellMichaell ColoradoPosts: 158,327
    guedo said:

    Any idea on April numbers for X5 sdrive35, xdrive35/35d and 40e? Will the $2k/5k rebate carry over? For comparison, what are the march residuals for 36 months with 10k/ yr?

    We don't yet have the April numbers from BMW.

    March information - which is set to expire today 3/31/16:

    .00135 MF and 59% (sDrive), 58% (xDrive 35/35d) or 56% (40e)

    $5000 lease credit on the 40e, $2000 on the others.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kps2107kps2107 Posts: 11
    edited April 2016
    Hi, can you please provide the numbers from BMWFS for April when it's available? Looking to lease an X5 3.5 xdrive or 4.0e, 36/10. Thank you.
  • MichaellMichaell ColoradoPosts: 158,327
    kps2107 said:

    Hi, can you please provide the numbers from BMWFS for April when it's available? Looking to lease an X5 3.5 xdrive or 4.0e, 36/10. Thank you.

    .00135 and 61% (3.5 xDrive) or 59% (4.0e).

    No incentive information

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • newtown03newtown03 Posts: 12
    40e $3000 this month rebate down from $5000, residual went up to 58%, payment is lower but buyout at end is higher. Payment now at $953 for 36month 12,000 miles on a MSRP of $81,070. $1000 loyalty still for April.
  • dink43kdink43k Posts: 8
    Hello
    Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available.
    Thanks!
  • kyfdxkyfdx Posts: 163,945
    dink43k said:

    Hello
    Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available.
    Thanks!

    .00135 MF and 60% residual for 36/12

    48 month numbers aren't viable.

    No lease incentives.

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

    Edmunds Moderator

  • dink43kdink43k Posts: 8
    kyfdx said:
    Hello Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available. Thanks!
    .00135 MF and 60% residual for 36/12 48 month numbers aren't viable. No lease incentives.
    Thank you very much. How about 36/15?
  • kyfdxkyfdx Posts: 163,945
    dink43k said:


    kyfdx said:

    dink43k said:

    Hello
    Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available.
    Thanks!

    .00135 MF and 60% residual for 36/12

    48 month numbers aren't viable.

    No lease incentives.

    Thank you very much. How about 36/15?

    Subtract 2%

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

    Edmunds Moderator

  • newtown03newtown03 Posts: 12
    edited April 2016
    I would like to thank this board for helping me with my new 2016 X5 e40 lease, I ended up saving a total of $4,000 on the lease and moving my business to another BMW dealer after asking a few questions here, this new dealer was straight forward and didn't play any numbers games, thank you again for the advice!

    quote from the first dealer "well you paid .002 MF on your last deal so you should be happy with this new deal .00175 MF", my head exploded after that comment, I walked out, nice for them to point out how stupid I was on my first lease ever...:-)

    Thank you!
  • MichaellMichaell ColoradoPosts: 158,327
    newtown03 said:

    I would like to thank this board for helping me with my new 2016 X5 e40 lease, I ended up saving a total of $4,000 on the lease and moving my business to another BMW dealer after asking a few questions here, this new dealer was straight forward and didn't play any numbers games, thank you again for the advice!

    quote from the first dealer "well you paid .002 MF on your last deal so you should be happy with this new deal .00175 MF", my head exploded after that comment, I walked out, nice for them to point out how stupid I was on my first lease ever...:-)

    Thank you!

    Congrats and enjoy the new BMW.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • dink43kdink43k Posts: 8
    dink43k said:


    kyfdx said:

    dink43k said:

    Hello
    Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available.
    Thanks!

    .00135 MF and 60% residual for 36/12

    48 month numbers aren't viable.

    No lease incentives.

    Thank you very much. How about 36/15?
    kyfdx said:

    dink43k said:


    kyfdx said:

    dink43k said:

    Hello
    Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available.
    Thanks!

    .00135 MF and 60% residual for 36/12

    48 month numbers aren't viable.

    No lease incentives.

    Thank you very much. How about 36/15?
    Subtract 2%

    The dealer is trying to tell me that the mileage deduction for a service loaner on the residual is 25cents/mile. Everything I've read is 20cents/mile. Right?
    Also he's trying to shoot be a base MF of .00175
  • MichaellMichaell ColoradoPosts: 158,327
    dink43k said:

    dink43k said:


    kyfdx said:

    dink43k said:

    Hello
    Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available.
    Thanks!

    .00135 MF and 60% residual for 36/12

    48 month numbers aren't viable.

    No lease incentives.

    Thank you very much. How about 36/15?
    kyfdx said:

    dink43k said:


    kyfdx said:

    dink43k said:

    Hello
    Looking at a 2016 x50i. Does anyone have the April numbers for either a 36/12 or a 48/12? Also incentive information if available.
    Thanks!

    .00135 MF and 60% residual for 36/12

    48 month numbers aren't viable.

    No lease incentives.

    Thank you very much. How about 36/15?
    Subtract 2%

    The dealer is trying to tell me that the mileage deduction for a service loaner on the residual is 25cents/mile. Everything I've read is 20cents/mile. Right?
    Also he's trying to shoot be a base MF of .00175

    We don't have the exact per mile deduction, have always thought it was between .15-.25 per.

    Base MF is .00135 this month. Politely but firmly tell the dealer you won't sign a deal with an inflated MF. They know what the base rate is.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • dink43kdink43k Posts: 8
    Thanks for the feedback. Dealer refused to budge on the MF so I moved on.
  • MichaellMichaell ColoradoPosts: 158,327
    dink43k said:

    Thanks for the feedback. Dealer refused to budge on the MF so I moved on.

    As you should.

    Lots of BMW dealers out there; it only takes one to make a deal on your terms.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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  • kyfdxkyfdx Posts: 163,945
    @dink43k The number just went up, recently.. $0.25/mi seems right.

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

    Edmunds Moderator

  • Michaell,

    Can you tell me monthly payment and upfront cost I should expect from the deal below?

    2016 X5 xDrive 35i with 36 months & 12,000 miles per year
    MSRP: $63,595 (including $995 Destination & Handling Fee)
    MF: 0.00135
    Residual: 58%
    Net Cap Cost: $57,730
    Sales Tax: 7%
    Dealer Document Fee: $75

    Thank you!
  • MichaellMichaell ColoradoPosts: 158,327

    Michaell,

    Can you tell me monthly payment and upfront cost I should expect from the deal below?

    2016 X5 xDrive 35i with 36 months & 12,000 miles per year
    MSRP: $63,595 (including $995 Destination & Handling Fee)
    MF: 0.00135
    Residual: 58%
    Net Cap Cost: $57,730
    Sales Tax: 7%
    Dealer Document Fee: $75

    Thank you!

    $756/mo with those numbers.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • tom911tom911 Posts: 63
    edited April 2016
    2016 X5 40e
    MSRP - $73520
    Discount - $9875
    Net Cap cost - $63645
    Sales Tax - 9%
    MF - 0.00135

    Can you give me lease #'s for this (30 and 36 month 12k miles) with minimum drive off?

    - Also, is the Federal rebate of ~ $4500 subtracted from the Net Cap cost when doing a lease in CA?

    My current Volt lease subtracted the $7500 federal rebate and it was passed directly to me in a lower monthly amount as are most plug-in cars here in CA. As long as the lease is at least 30 months the lessee is eligible for the rebate. Does BMWFS pass the rebate onto their leasing customers?
  • kyfdxkyfdx Posts: 163,945
    tom911 said:

    2016 X5 40e
    MSRP - $73520
    Discount - $9875
    Net Cap cost - $63645
    Sales Tax - 9%
    MF - 0.00135

    Can you give me lease #'s for this (30 and 36 month 12k miles) with minimum drive off?

    - Also, is the Federal rebate of ~ $4500 subtracted from the Net Cap cost when doing a lease in CA?

    My current Volt lease subtracted the $7500 federal rebate and it was passed directly to me in a lower monthly amount as are most plug-in cars here in CA. As long as the lease is at least 30 months the lessee is eligible for the rebate. Does BMWFS pass the rebate onto their leasing customers?

    .00135 MF and 58% residual for 36 months. (30 month residual is 61%)

    BMW just gives a $3000 rebate on this vehicle. But, unlike some other cars that qualify for the $7500, they have much higher residuals. Since the $3000 is a consumer incentive, it will be listed as a CAP cost reduction (which means you pay tax on it). Does your Net CAP cost already include the $3000 incentive?

    Adding in the $925 acquisition fee, and assuming the $3000 is already in your price:

    36: $754/mo.+tax
    30: $805/mo.+tax

    You'd still have 1st payment and title/registration/doc fees at signing.

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

    Edmunds Moderator

  • tom911tom911 Posts: 63
    Thank you -

    Not sure how the discount is factored. I may have mis-quoted my "net Cap Cost' as it's really MSRP minus 'purchase credit'. The ad says "Discount with Purchase credit" - not sure what that means or maybe there is more credit with a lease??

    I need to contact the dealer - they are across the country from me.
    kyfdx said:

    tom911 said:

    2016 X5 40e
    MSRP - $73520
    Discount - $9875
    Net Cap cost - $63645
    Sales Tax - 9%
    MF - 0.00135

    Can you give me lease #'s for this (30 and 36 month 12k miles) with minimum drive off?

    - Also, is the Federal rebate of ~ $4500 subtracted from the Net Cap cost when doing a lease in CA?

    My current Volt lease subtracted the $7500 federal rebate and it was passed directly to me in a lower monthly amount as are most plug-in cars here in CA. As long as the lease is at least 30 months the lessee is eligible for the rebate. Does BMWFS pass the rebate onto their leasing customers?

    .00135 MF and 58% residual for 36 months. (30 month residual is 61%)

    BMW just gives a $3000 rebate on this vehicle. But, unlike some other cars that qualify for the $7500, they have much higher residuals. Since the $3000 is a consumer incentive, it will be listed as a CAP cost reduction (which means you pay tax on it). Does your Net CAP cost already include the $3000 incentive?

    Adding in the $925 acquisition fee, and assuming the $3000 is already in your price:

    36: $754/mo.+tax
    30: $805/mo.+tax

    You'd still have 1st payment and title/registration/doc fees at signing.
    kyfdx said:

    tom911 said:

    2016 X5 40e
    MSRP - $73520
    Discount - $9875
    Net Cap cost - $63645
    Sales Tax - 9%
    MF - 0.00135

    Can you give me lease #'s for this (30 and 36 month 12k miles) with minimum drive off?

    - Also, is the Federal rebate of ~ $4500 subtracted from the Net Cap cost when doing a lease in CA?

    My current Volt lease subtracted the $7500 federal rebate and it was passed directly to me in a lower monthly amount as are most plug-in cars here in CA. As long as the lease is at least 30 months the lessee is eligible for the rebate. Does BMWFS pass the rebate onto their leasing customers?

    .00135 MF and 58% residual for 36 months. (30 month residual is 61%)

    BMW just gives a $3000 rebate on this vehicle. But, unlike some other cars that qualify for the $7500, they have much higher residuals. Since the $3000 is a consumer incentive, it will be listed as a CAP cost reduction (which means you pay tax on it). Does your Net CAP cost already include the $3000 incentive?

    Adding in the $925 acquisition fee, and assuming the $3000 is already in your price:

    36: $754/mo.+tax
    30: $805/mo.+tax

    You'd still have 1st payment and title/registration/doc fees at signing.
  • kyfdxkyfdx Posts: 163,945
    @tom911 There is a $1000 purchase incentive that may not be applicable to a lease.

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

    Edmunds Moderator

  • jl724jl724 Posts: 16
    Any residual / mf information for the X5M for April? 36-month term.

    Thank you.
  • kyfdxkyfdx Posts: 163,945
    jl724 said:

    Any residual / mf information for the X5M for April? 36-month term.

    Thank you.

    .00135 MF and 58% residual for 15K/yr

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

    Edmunds Moderator

  • jl724jl724 Posts: 16
    Thank you. I assume the normal 2% bump in residual for 12k miles a year and 3% bump for 10k miles?
  • MichaellMichaell ColoradoPosts: 158,327
    jl724 said:

    Thank you. I assume the normal 2% bump in residual for 12k miles a year and 3% bump for 10k miles?

    That is correct.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • looking at xdrive35i

    Msrp:58,400
    residual: 33,870
    trade-in: 8,000
    cap cost: 50,200
    Dwn pymnt :0
    Acq fee:925
    36/15,000
    NYS tax:8.875(want to roll in to monthly pymt)
    MF: .00135

    Lease payment of 567/month seem right? also, does it look like any room to get lower
  • MichaellMichaell ColoradoPosts: 158,327
    nycgolf17 said:

    looking at xdrive35i

    Msrp:58,400
    residual: 33,870
    trade-in: 8,000
    cap cost: 50,200
    Dwn pymnt :0
    Acq fee:925
    36/15,000
    NYS tax:8.875(want to roll in to monthly pymt)
    MF: .00135

    Lease payment of 567/month seem right? also, does it look like any room to get lower

    No discount from sticker?

    We don't recommend using trade equity to lower the cap cost - if the car is stolen or totaled, you lose that money.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • dink43kdink43k Posts: 8
    Does the $1000 purchase credit bonus cash that BMW is offering apply to leases?
  • MichaellMichaell ColoradoPosts: 158,327
    dink43k said:
    Does the $1000 purchase credit bonus cash that BMW is offering apply to leases?
    No. Purchases only. 

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jalwaaajalwaaa Posts: 90
    rv and mf on 36/10 for x5 sdrive 35i in texas ?
  • MichaellMichaell ColoradoPosts: 158,327
    jalwaaa said:

    rv and mf on 36/10 for x5 sdrive 35i in texas ?

    .00135 and 61%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can you provide the MF and RV for a BMW X5 xDrive35i at 36/10? Also, are there any special programs or incentives running on the X5 currently? Thanks
  • kyfdxkyfdx Posts: 163,945

    Can you provide the MF and RV for a BMW X5 xDrive35i at 36/10? Also, are there any special programs or incentives running on the X5 currently? Thanks

    .00135 MF and 61% residual.

    No incentives that we know of.

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

    Edmunds Moderator

  • briansmith23briansmith23 Posts: 20
    edited April 2016
    kyfdx said:

    Can you provide the MF and RV for a BMW X5 xDrive35i at 36/10? Also, are there any special programs or incentives running on the X5 currently? Thanks

    .00135 MF and 61% residual.

    No incentives that we know of.
    Thank you for the response kyfdx. Another question, is there any indication that the lease figures/prices may improve as a new model year becomes closer?
  • MichaellMichaell ColoradoPosts: 158,327

    kyfdx said:

    Can you provide the MF and RV for a BMW X5 xDrive35i at 36/10? Also, are there any special programs or incentives running on the X5 currently? Thanks

    .00135 MF and 61% residual.

    No incentives that we know of.
    Thank you for the response kyfdx. Another question, is there any indication that the lease figures/prices may improve as a new model year becomes closer?
    Hard to predict what will happen to the numbers over the next few months. I suppose it depends on how strong or weak sales are for the X5.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Is there a sweet spot for leasing besides 36 months?
  • MichaellMichaell ColoradoPosts: 158,327

    Is there a sweet spot for leasing besides 36 months?

    Not for BMW

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • alayaaaalayaaa Posts: 6
    edited May 2016
    Hi,

    Do we have the lease numbers and manufacturer incentives on X5 sDrive for May 2016 yet? Thank you!
  • MichaellMichaell ColoradoPosts: 158,327
    alayaaa said:

    Hi,

    Do we have the lease numbers and manufacturer incentives on X5 sDrive for May 2016 yet? Thank you!

    Limited information - .00138 and 60% for 36/10 in May.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • nickb81nickb81 Posts: 36
    edited May 2016
    Are the numbers the same for all X5 trim levels? I cannot decide whether to go with the sDrive 35, xDrive 35d, or the eDrive. Any lease incentive cash?
  • MichaellMichaell ColoradoPosts: 158,327
    guedo said:

    Are the numbers the same for all X5 trim levels? I cannot decide whether to go with the sDrive 35, xDrive 35d, or the eDrive. Any lease incentive cash?

    Limited information available at this time...

    .00138 MF and 60% for 36/10 on the sDrive or xDrive. 59% for 37/10 on the eDrive, with $3000 lease credit.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 163,945
    guedo said:

    Are the numbers the same for all X5 trim levels? I cannot decide whether to go with the sDrive 35, xDrive 35d, or the eDrive. Any lease incentive cash?

    All models are the same, except for eDrive.

    1% lower residual + $3000 lease credit.

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

    Edmunds Moderator

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