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      01-22-2011, 02:47 PM   #1
worry112
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Hey guys! Please see my deal for leasing a new '2011 X6 5.0i

All,

Can you guys check up the price I negotiate for leasing a new '2011 X6 5.0i?

total MSRP with heavyloaded option is $84675 (include destination fee)

After long deal with dealership, I almost could get a greement mutually like,

$2350 (drive off - 1st payment + all document fee)
$1239/Mo. with 12k miles/yr. (36 months)

Is it good deal? or any suggestion?
Please help me as soon as possible, guys!
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      01-22-2011, 08:31 PM   #2
aas5
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It doesn't look bad at all but I think you can do a little bit better. Keep in mind I am in NY so not sure if the market dynamics are different where you are.
I am getting my x6 5.0 in March at the performance center and my MSRP was $83,300 or something like that.

My payment is $1,034 / month and will be $1,083 / month after I add tire and wheel protection which I heard is a must if you are getting the 20 wheels.

I am putting multiple security deposits which probably drive most of the difference in payment. You should consider doing the same as they are fully refundable at the end of the lease and earn you about 10% annual return according to my math. In addition to multiple-secutity deposits, I think I am paying $500 for doc and MV fees. Good luck.
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      01-23-2011, 01:32 AM   #3
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Quote:
Originally Posted by aas5 View Post
It doesn't look bad at all but I think you can do a little bit better. Keep in mind I am in NY so not sure if the market dynamics are different where you are.
I am getting my x6 5.0 in March at the performance center and my MSRP was $83,300 or something like that.

My payment is $1,034 / month and will be $1,083 / month after I add tire and wheel protection which I heard is a must if you are getting the 20 wheels.

I am putting multiple security deposits which probably drive most of the difference in payment. You should consider doing the same as they are fully refundable at the end of the lease and earn you about 10% annual return according to my math. In addition to multiple-secutity deposits, I think I am paying $500 for doc and MV fees. Good luck.

Wow. That's what I'm paying for my X5 , with 15k miles per year. You got a great deal.
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      01-23-2011, 10:04 PM   #4
aas5
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forgot to mention mine is for 10K miles a year which also makes a difference.
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      01-24-2011, 08:46 AM   #5
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Quote:
Originally Posted by aas5 View Post

I am putting multiple security deposits which probably drive most of the difference in payment. You should consider doing the same as they are fully refundable at the end of the lease and earn you about 10% annual return according to my math. In addition to multiple-secutity deposits, I think I am paying $500 for doc and MV fees. Good luck.
You must not be buying it in NY because NY state law limits security deposits to $749.
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      01-24-2011, 10:19 PM   #6
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yes. NJ. You are right about NY, I was getting calls from NY dealers and they told me thsy couldn't match the price I was getting in NJ because of this.
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