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Re: [natsun]
Written by: Car_man on Feb 23, 2009 4:03:07 AM
Hi natsun. Unfortunately, BMW is not providing the $2,500 on the 2009 X5 any longer. It replaced this cash with a loyalty offer of $1,750 cash and a .00030 money factor reduction for returning BMW FS lessees. As a returning lessee, BMW will waive its security deposit on this truck for you for free, but you will not be able to get them to waive BMW FS' $725 acquisition fee. BMW ... Read More
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BMW X5 3.0 DEMO Lease:Negotiation advice needed for NY
Written by: bmanpc on Nov 22, 2008 7:06:38 PM
Please help me on a 2008 X5 3.0 lease in upstate NY. It is a holdover DEMO with 2,500 miles. MSRP $55,325, Selling price $49,700 Lease: 36 mo./12k miles Includes: Premium Pkg, Cold Weather Pkg, 3rd Row, Rear Climate, Rear DVD & Park Distance Residual is (56%)? & Money X = .00125 (3%) Monthly payment $699.66; included taxes and zero $ down payment Question 1: is this a good deal or ... Read More
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USED 2008 X5 3.0 residual and money factor
Written by: scouv1 on Nov 22, 2008 10:43:04 AM
I am trying to Lease a USED 2008 X5 3.0 Premium, Tech, 3rd row seating and 11k miles with an asking price of 49k. My company requires that I lease. Does anyone know the residual value or the money factor for a used X5. The car is in So Cal I am told that the rates are less favorable than those for a new 2008. I assume this is because of ... Read More
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X5 3.0 (2008) finance or Lease
Written by: faye94 on Nov 20, 2008 1:23:55 PM
I am trying to negotiate a deal from internest sales department of BMW dealers to purchase a 2008 X5 3.0 with premium, real climate control. They insist that is in my advantage to buy it than lease it. I have a MB E350 which I need to return by 12/30/08. I only have few more weeks to figure this out. If I buy it calculating around 50,000.00 by 0.9 financing for ... Read More
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Re: Paying too much? 2008 X5 3.0 in NY [ddiana]
Written by: kinjachris on Nov 12, 2008 6:20:17 PM
ddiana, they must have a creative version of the word invoice then as a car with 4k miles on it is USED no matter how you look at it. However if you only pay the drive off which is probably around 1400 or so that monthly price rises about $60 and isn't bad for the equipment you are getting as long as your lease doesnt include their mileage as you benefit ... Read More
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Re: Incentives [speedy33]
Written by: 6degrees on Dec 3, 2008 11:21:29 AM
One of the BMW dealer told me if it is a 2008 X5, he can give me $4000 or $5000 less MSRP. For 2009 X5, he can only offer -$2000. How did you get $7000 off MSRP? Can you elaborate your case? Thanks.
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'08 X5 Demo-Advice on price-THX!
Written by: bmanpc on Nov 23, 2008 11:42:43 AM
jayrider sent me here for assitance, specifically jvost... Please help me on a 2008 X5 3.0 lease in upstate NY. It is a holdover DEMO with 2,500 miles. MSRP $55,325, Selling price $49,700 Lease: 36 mo./12k miles Includes: Premium Pkg, Cold Weather Pkg, 3rd Row, Rear Climate, Rear DVD & Park Distance Residual is (56%)? & Money X = .00125 (3%) Monthly payment $699.66; included taxes and zero $ down payment ... Read More
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Re: 09 X5 3.0 [ohnims2]
Written by: laaky on Nov 21, 2008 8:23:01 PM
Yes check around, I am sure all the sales people are hungry. (wanted to see a 2008 that Ralley BMW quoted a price on, but wasn't at his lot...he wouldn't allow us to go see it unless we put down a deposit...that's not the quality of BMW salespeople I want to deal with. You may want to e-mail Keeler in Albany and tell them you are interested in a new vehicle ... Read More
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Re: BMW X5 3.0 [stockguru]
Written by: faye94 on Nov 17, 2008 7:57:41 AM
Thank you for the info. Would you recommend 2008 or 2009 for 2500 difference? How everyone is getting $6000 off of MSRP? With Premium, rear climate, tailgate on 2009, what is the best to pay for 0.9 financing?
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Re: BMW X5 3.0 [faye94]
Written by: stockguru on Nov 17, 2008 7:10:09 AM
The premium package is a must and included for free now anyway on 2008 models. I'm guessing because it is included for free, the cars which don't have the premium package will be difficult to sell. In my opinion, the rear climate, ipod and tailgate are all things to consider as well.
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BMW X5 3.0
Written by: faye94 on Nov 16, 2008 1:12:14 PM
Please I need Help in deceiding what is the best deal in Houston. I have been offered only 4500 off of MSRP of the X5 3.0 in 2008 and max of 2000 on 2009. My budget is only max 50,000 to spent on a X5 3.0 so I decided on getting the preminum package and real climate control. I was told by the Sales Rep that is better to go with ... Read More
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Re: Please provide definitive lease info [asteinberg]
Written by: Car_man on May 14, 2008 3:19:35 AM
Hi asteinberg. BMW Financial Services' May buy rate lease money factor for a 36 month lease of a 2008 BMW X5 3.0 with 15,000 miles per year are .00250 and 53%, respectively. the numbers for an otherwise identical lease of an '08 X5 4.8 are .00225 and 55%. If you were to lease with only 12,000 miles per year, these trucks' residual values will be 2% higher. As far as multiple ... Read More
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Please provide definitive lease info
Written by: asteinberg on May 6, 2008 11:18:09 PM
What are May/2008 MF and residuals for BMW X5 3.0 and 4.8 for 12,000 miles, 15,000 miles. (I have BMW 535i with BMW FS.) Also, how would multiple deposits reduce MF? Finally, what is reasonable amount above invoice? (BMW 535I recent lease was invoice +$800.) Given BMW high MFs for X5, any suggestions on other SUVs to review with better leases?
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Re: money factor and residual for April 2008 [mannydom]
Written by: Car_man on May 2, 2008 3:20:05 AM
HI mannydom. The selling price that you were quoted for the X5 that you are interested in, $1,250 over invoice, sounds reasonable to me, but you're right...the money factor is a little high. As you have read, BMW Financial Services' current buy rate lease money factor for the 2008 X5 3.0si is .00210 for returning BMW FS lessees. The dealer is trying to make a little extra back-end money on your ... Read More
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Just purchased lease
Written by: nj_bmw_byer on Apr 22, 2008 3:03:31 PM
2008 X5 MSRP 54,125 CCP 50,767 Options: Pre Pkg Tech Pkg R Cli Pkg Auto Tailgate IPOD Runningboards 36/12 - no money down 722.00 including tax 1800.00 inceptions. I know they hosed me in inceptions, but I was so tired of complaining and arguing I just gave in. The car isn't delivered yet. Is this a decent lease and if not when the car arrives can I still cancel out of ... Read More
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Re: 2008 X5 5Lease quote [hachee2001]
Written by: beoperson on Apr 3, 2008 11:57:24 AM
I had an offer in DIFEO BMW MSRP 55.925 Sale Price 51, 725 But this was on March 31
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Re: 2008 X5 Purchase prices [topgun26]
Written by: Car_man on Apr 3, 2008 3:30:55 AM
Hey topgun26. Obviously the 3.0 price is better than the 4.8 price. I guess that there is a much bigger supply of the 3.0. That's the only explanation for the large difference in the amount over invoice that you are being asked to pay. I am not intimately familiar with what the market is like for the X5 right now, but there's enough room here that if you are in an ... Read More
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Re: 2008 X5 3.0 Lease for two novices [fishjill]
Written by: Car_man on Apr 2, 2008 4:09:02 AM
Greetings fishjill. I see that you are considering trading in your current vehicle when you lease your new one. There's nothing wrong with doing this, but you would be better off having the dealer cut you a check for any equity that you have in your trade rather than using the proceeds from it as a down payment for your lease. I always advise consumers not to make down payments on ... Read More
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Re: 2008 X5 lease [topgun26]
Written by: Car_man on Apr 2, 2008 3:59:54 AM
Hey topgun26. You never mentioned the selling price of the X5 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you ... Read More
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Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye
Written by: rezf on Mar 30, 2008 7:44:52 PM
manydom That was my type mistake re money factor. For march it is 0.0021 not 0.0025. The rate for Feb was 0.0025 . Residuals do not typically change from BMWFS (they are already inflated to make leases more attractive). The factors that likely change from month to month are the money factor and any incentives/cashbacks towards a new vehicle. Note, this is model specific and only given if they want to ... Read More
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Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye [rezf]
Written by: mannydom on Mar 30, 2008 7:24:59 PM
rezf...Thank you from me too. I've been following this thread closely for fear that I 'd be taken to the cleaners, too. Msg# 682 assured me that my thinking process in leasing is going the right way...i.e. negotiate first as close as you can from invoice price and once price has been agreed on only then talk about leasing issues. Again regarding Msg# 682, what is included in upfront fees? Also ... Read More
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Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye [rezf]
Written by: nj_bmw_byer on Mar 30, 2008 8:28:23 AM
Thank you again. I am finding that is an easy and practical why to assess the price of a lease. Now the problem is getting a salesperson to agree with you. Also could you give me the residual percentage on the 2008 X5 3.01. I might go with the 722.00 per month including taxes. That is closer to what you said a fair price would be. Also I was going to ... Read More
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Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye
Written by: rezf on Mar 30, 2008 6:59:45 AM
At $1000 above invoice, the lease payments on the 2008 X5 you are considering would be $693 per month before taxes. I say $1000 per month, because that is a deal that can be had any day of the month at the dealership I purchased my X5 from. The market is just too soft for some dealers to justify not discounting that much
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Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye
Written by: rezf on Mar 29, 2008 6:55:26 PM
nj_bmw What I was/am saying is the best way to figure out the best deal is look at the MSRP of the car. Find the invoice price on Edmunds.com, then add $1000-$1500 to the price of the invoice. This should be your Cap Cost. Do not put any money down...only pay the upfront fees...And insist that they use a Money Factor of 0.0025 to calculate the lease. Whatever that monthly payment ... Read More
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Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf]
Written by: nj_bmw_byer on Mar 29, 2008 6:09:37 PM
Thank you. I re calculated the numbers my self on my financial calculator and they came out correctly - just as you said. A change in the money factor can make all the difference. if you (ACC - Residual val)/36 the payments for a 50ish vehicle averages about 550.00. Once you add the money factor that price can easily boost to over 700+. I did this with several vehicles: BMW, Porsche ... Read More
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Re: 2005/2008 X5 numbers requested[rezf] [nj_bmw_byer]
Written by: rezf on Mar 29, 2008 3:26:40 PM
nj_bmw_buyer Have a look at this link http://forums.roadfly.com/forums/financing/6451130-1.html This is an archived list of BMWFS lease rates for April 2005. As you can see, the money factor for the X5 back then was 0.00125. In today's market, the buy rate money factor for the X5 is 0.0025. This reflects what I had previously said in a thread that manufacturers subside the interest and residuals to sweeten a lease deal to keep ... Read More
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Need some quick help on Lease info
Written by: fishjill on Mar 29, 2008 9:52:40 AM
Sorry to re-post but we're trying to get something done this weekend. The 2008 X5 we want has a msrp of $49, 575. The dealer has come off $2,164 to make the price $47,411. We have a trade in that will net us $3500 to apply to the $47,411. In addition to the trade-in cash, the remaining up-front monies are $3097 (which consist of TTL $1,660, first month's lease payment of ... Read More
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Re: 2005/2008 X5 numbers requested[rezf]
Written by: nj_bmw_byer on Mar 29, 2008 5:13:40 AM
Thank you for any quick response you might give to these numbers. There was a typo concerning the moneyfactor in the 2005/2008 BMW X5's. It is 0021 on 0029. the 0029 was the money factor on the Cayenne that I am also negotiation. 2005 Sticker Pr. GCC 51,370.00 sale pr.ACC 50,035.10 agrd val vehicle 48957.75 inceptions 630.00 1st mo. 250.00 title, reg 625.00 Aquistion fee 105.50 NJ tire&REC/Doc Fee total incept: ... Read More
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Re: $630 vs. $799 [rezf]
Written by: nj_bmw_byer on Mar 28, 2008 2:06:54 PM
rezf, I am starting not to trust this entire process, including information obtained here. This is not my first lease, not even my first X5 lease. This will be my 3rd. When the X5 was first introduced it was a hot selling car as well. Everywhere I went salespeople where say 800.00+ for an X5 3.0 series with 12/36 lease package. After rigorous negotiation I got the same car for 650.00 ... Read More
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2008 X5 3.0 Lease for two novices
Written by: fishjill on Mar 28, 2008 1:30:15 PM
So the 2008 X5 we want has a msrp of $49, 575 with a $2,164 adjustment/discount to make it $47,411. We have a trade in that will net us $3500 to apply to the $47,411. We are then being charged $1,660 in tag/title/tax, first month's lease payment and a $809 security deposit (totaling $3,097). With no money down, other than the $3,097 and the $3,500 trade in, our monthly payment is ... Read More
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BMW X5 Lease Dilemma
Written by: nj_bmw_byer on Mar 28, 2008 5:09:47 AM
I lease a BMW X5 in 2005. My lease ends in May 2008. It was for a 36/12, no money down lease, at 630.00 per month including taxes. The prices I am getting for the same lease for the exact same car at the same dealership and salesperson is now 799.00 The sales price of the 2005 X5 vehicle was 50035.10. Using the Edmunds lease calculators, I cannot get my lease ... Read More
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BMW X5 Leasing
Written by: nj_bmw_byer on Mar 27, 2008 7:57:55 AM
My lease for my current X5 expires in April 28 2008. This was a no money down 36 mo/12 mile per year lease on a $51,900 car. I called my dealer ship and asked what price would it be for the exact same car with the same options. I am currently paying 635.00 including taxes. This is what was quoted from a dealership in New Jersey. 2008 3.0 X5 $51,600.00 includes, ... Read More
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Re: Cash (BMW) incentive on X5's till end of February [ilovedogs]
Written by: houston777 on Feb 18, 2008 2:28:17 PM
Hi ilovedogs, Thanks for that great info of $2500 for ground units...I'm looking for 2008 X5 3.0...and asked a dealer to give money factor .00255....below is his response.... "the only way you would get the 00255 money fact is if you're currently in a BMW LEASE or Financial Contract or with 15% at signing.If not within those guideline's Money Factor .00310" Is that true..... Thanks in Advance.
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Re: Need X5 Information [a8175]
Written by: Car_man on Feb 14, 2008 3:24:04 AM
Welcome a8175. The selling price that you were quoted looks reasonable to me, especially given the fact that you ordered your X5 rather than just taking one that the dealer had in inventory. BMW's lease program for the 2008 X5 is definitely better today than it was back in February. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of an '08 X5 ... Read More
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Re: Need X5 Information [vsaxena]
Written by: Car_man on Feb 14, 2008 2:36:51 AM
Hey everyone. Just a quick note to let you know that BMW did not continue its January lease money factors for the month of February. It actually improved the buy rate for the 2008 X5 slightly to .00255. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Re: Need X5 Information [vsaxena]
Written by: eights38 on Feb 8, 2008 9:58:39 AM
Please see February's lease rates for 15k miles per year. Add 2% to the residual for 12k miles per year and 3% to the residual for 10k miles per year. Notice the improved money factor. 2008 BMW X5 3.0si 4WD SUV 24 Month – Residual 68% of MSRP – .00255 Base Rate 36 Month – Residual 58% of MSRP – .00255 Base Rate 48 Month – Residual 43% of MSRP – ... Read More
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Re: 36 Month/15K mile X5 3.0si Deal in Pittsburgh, PA? [ostexo]
Written by: Car_man on Jan 14, 2008 2:19:13 AM
Welcome ostexo. Let's take a look at the deal that you were offered. The dealer invoice price of the 2008 X5 that you described is $47,515. The selling price that you were offered is $1,785 over invoice. That isn't bad, but there's still some room there. It wouldn't hurt to comparison shop if there is another BMW dealer or two in your area to see if you can beat this offer. ... Read More
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Re: Owner loyalty program [pursuit]
Written by: Car_man on Jan 11, 2008 3:44:02 AM
Hi pursuit. What you were told appears to be correct. I do not believe that BMW is providing a special money factor reduction on the 2008 X5 for returning lessees this month. BMW Financial Services' January buy rate lease money factor and residual value for 36 month lease of a 2008 X5 3.0si with 15,000 miles per year are .00270 and 58%, respectively. Non-returning BMW FS customers who want to have ... Read More
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Re: Need X5 Information [ajdrew23]
Written by: vsaxena on Feb 2, 2008 6:36:13 PM
Lease Rates for 15K miles; add 2% for 12K and 3% for 10K/year. To get int rate multiiply MF by 2400. Note these were the rates for Jan but most likely have continued for Feb. 2008 BMW X5 3.0si 4WD SUV 24 Month – Residual 68% of MSRP – .00270 Base Rate 36 Month – Residual 58% of MSRP – .00270 Base
