2008 BMW X5 Consumer Discussions Page 5

BMW X5 Lease Questions

Re: 2008 X5 5Lease quote [hachee2001]

Written by: beoperson on Apr 03, 2008 11:57 AM

I had an offer in DIFEO BMW MSRP 55.925 Sale Price 51, 725 But this was on March 31 Read More...

Re: 2008 X5 Purchase prices [topgun26]

Written by: Car_man on Apr 03, 2008 03:30 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 area ... Read More...

Re: 2008 X5 3.0 Lease for two novices [fishjill]

Written by: Car_man on Apr 02, 2008 04:09 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 ... Read More...

Re: 2008 X5 lease [topgun26]

Written by: Car_man on Apr 02, 2008 03:59 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 ... Read More...

Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye

Written by: rezf on Mar 30, 2008 07:44 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 ... Read More...

Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye [rezf]

Written by: mannydom on Mar 30, 2008 07:24 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 ... Read More...

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 08:28 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 roll the taxes into the ... Read More...

Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye

Written by: rezf on Mar 30, 2008 06:59 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 Read More...

Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf] [nj_bmw_bye

Written by: rezf on Mar 29, 2008 06:55 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 ... Read More...

Re: 2005/2008 X5 numbers Thank You! [rezf] [nj_bmw_byer] [rezf]

Written by: nj_bmw_byer on Mar 29, 2008 06:09 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: ... Read More...