need help, is this a good price for a lease??

menace2sgv · 05-25-2011, 09:30 PM

this is what i was quoted today from a s.cali dealer, do you guys think that is a good price or i can negotiate for a lower monthly payment, thanks.

2012 BMW X5 xDr35i Premium w/ convenience package
36mo lease
12k miles/yr
$2,000 driveoff
$885/mo including tax
On approved credit, expires 05/31/2011

tonypap · 05-25-2011, 09:33 PM

Quote:

Originally Posted by menace2sgv

this is what i was quoted today from a s.cali dealer, do you guys think that is a good price or i can negotiate for a lower monthly payment, thanks.

2012 BMW X5 xDr35i Premium w/ convenience package
36mo lease
12k miles/yr
$2,000 driveoff
$885/mo including tax
On approved credit, expires 05/31/2011

Do you own a BMW now? I believe there is some loyalty money available. I think the price is a tad high for a 3.5

dhirm5 · 05-26-2011, 04:25 PM

What's the MSRP and negotiated sales price? Sounds very high to me - I'll guess the MSRP is around 60. At that number, you should be well under 700/mo.

Smithcinema · 05-27-2011, 05:52 AM

Guy go some were else I have the same truck but 10,000 a year $698 a month and my taxes are higher in ny

tjank123 · 05-27-2011, 03:46 PM

Don't forget about the $1,000 free money from the national BMW car club. Of course you need to be a member for a full year before before being able to get it.

Speedy Brother · 05-29-2011, 10:11 AM

Have you ever used edmunds.com ?

I find them to be a very good resource for pricing and the include regional variances.

2 things you may want consider are:
What is the MSRP and the True Market Value for your area?
What are the financing options being offerd?

Knowing these prior to going the the dealershio and meeting with a salesman can be a huge benefit to you.

Your salesman may have given you the True Market Value for SoCal and the best financing but then added in all of the extra's that the finance guys try to sell you, pre-paid tire damage replacement insurance, extended warranty, interior stain protection, etc...

I decline all the extras, you'll find other people that choose them. You will have to make your own decision on this.

Here is what I found on edmunds related to your query.
True Market Value
Leasing Option

Good Luck
speedy

05-25-2011, 09:30 PM	#1
menace2sgv New Member 2 Rep 10 Posts Drives: F80 CS Join Date: Aug 2010 Location: S. Cali iTrader: (0)	need help, is this a good price for a lease?? this is what i was quoted today from a s.cali dealer, do you guys think that is a good price or i can negotiate for a lower monthly payment, thanks. 2012 BMW X5 xDr35i Premium w/ convenience package 36mo lease 12k miles/yr $2,000 driveoff $885/mo including tax On approved credit, expires 05/31/2011
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05-26-2011, 04:25 PM	#3
dhirm5 Major 177 Rep 1,155 Posts Drives: 2014 M5 ZCP, 2014 X5 35d Join Date: Dec 2010 Location: Bethesda, MD iTrader: (1)	What's the MSRP and negotiated sales price? Sounds very high to me - I'll guess the MSRP is around 60. At that number, you should be well under 700/mo.
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05-27-2011, 05:52 AM	#4
Smithcinema Second Lieutenant 80 Rep 204 Posts Drives: 2019 x5 Join Date: Mar 2011 Location: Staten island iTrader: (0)	Rip off Guy go some were else I have the same truck but 10,000 a year $698 a month and my taxes are higher in ny
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05-27-2011, 03:46 PM	#5
tjank123 Geh Hau Ab 0 Rep 53 Posts Drives: '11 X5-35d, '08 ZM Coupe Join Date: Mar 2010 Location: Charlottesville, Virginia iTrader: (0)	Don't forget about the $1,000 free money from the national BMW car club. Of course you need to be a member for a full year before before being able to get it. __________________
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05-29-2011, 10:11 AM	#6
Speedy Brother New Member 0 Rep 5 Posts Drives: 2011 x5 35d Join Date: May 2011 Location: Texas iTrader: (0)	Ever used Edmunds? Have you ever used edmunds.com ? I find them to be a very good resource for pricing and the include regional variances. 2 things you may want consider are: What is the MSRP and the True Market Value for your area? What are the financing options being offerd? Knowing these prior to going the the dealershio and meeting with a salesman can be a huge benefit to you. Your salesman may have given you the True Market Value for SoCal and the best financing but then added in all of the extra's that the finance guys try to sell you, pre-paid tire damage replacement insurance, extended warranty, interior stain protection, etc... I decline all the extras, you'll find other people that choose them. You will have to make your own decision on this. Here is what I found on edmunds related to your query. True Market Value Leasing Option Good Luck speedy
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