XBimmers.com | BMW X6 Forum X5 Forum
 
TireRack





Go Back   XBimmers.com | BMW X6 Forum X5 Forum > BMW X5 Forums > General BMW X5 (E70) and X5M Forum (2006-2013)

Post Reply
 
Thread Tools Search this Thread
      04-03-2010, 12:21 AM   #1
wicked4u2c
Registered
1
Rep
2
Posts

Drives: BMW
Join Date: Apr 2010
Location: California

iTrader: (0)

Question Is this a good deal for X5?

Hopefully I can join the X5 family, just wanted to talk to the experts about this deal. Is this a pretty good deal?

Thanks in advance guys

VEHICLE: 2010
BMW X5 xDrive35d
COLOR: Alpine White
UPHOLSTERY: Black Nevada Leather

Base Price $51,300.00
0ZPP Premium Package 3,400.00
0328 Running Boards 300.00
0386 Roof rails 100.00
04AZ Dark Bamboo Wood Trim 0.00
06FL iPod and USB Adapter 400.00

Destination and Handling 875.00
TOTAL AS EQUIPPED $56,375.00
SELLING PRICE $50,875.00


Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year
Money Factor 2.7
Residual Factor 56%

Selling Price $50,875.00
Bank Fee $925.00

Total Capitalized Cost
$51,800.00

Residual Value $31,570.00
Total Depreciation $20,230.00
Capital Reduction ($0.00)
Monthly Depreciation $561.94
Monthly Rent $225.10

Monthly Payment $787.04
Tax (8.75%) $68.87

Monthly Payment + Tax $855.91

Capital Reduction ($0.00)
Cap Reduction Tax (8.75%) $3.94
License & Registration $696.75
Documentation Fee $45.00
First Payment $855.91
Security Deposit $900.00

Drive Off $2,501.60

Trade Equity $0.00
Rebate $0.00

Due at Signing $2,501.60
Appreciate 0
      04-03-2010, 07:34 AM   #2
KEVIN88GT
Captain
KEVIN88GT's Avatar
83
Rep
793
Posts

Drives: 06 Audi A4
Join Date: Jan 2007
Location: NYC

iTrader: (0)

855 per month for a 50k car? RUN AWAY.

I didnt even do the lease calculations with your numbers but when I got my 335xi a few years back it was about 46k and the lease was 630 per month (with no cap cost deduction)....

something doesnt add up... anyone else agree?
__________________
Now: '11 BMW X5 xDrive35i
Then:
'07 X3 3.0si
'07 335xi
'06 Audi A4 2.0T Quattro
Appreciate 0
      04-03-2010, 10:27 AM   #3
SleepTight
Second Lieutenant
SleepTight's Avatar
United_States
33
Rep
287
Posts

Drives: 2013 BMW M5
Join Date: Dec 2009
Location: Long Island, New York

iTrader: (0)

Your residual is the BMW Factory rate and your finance charge as quoted appears to be even lower than the BMW factory rate (equivalent to approx. 5.76%) for a 36 month/12k lease on the X5 35d:

http://www.bimmerfest.com/forums/sho...d.php?t=438355

Nevertheless, I get $828.71 for the monthly payment using your negotiated price and the factory lease rates. Using your money factor, I get $713.56.

You can use the lease calculator here to calculate a lease payment when all variables are known. http://www.leaseguide.com/calc.htm
Appreciate 0
      04-03-2010, 11:36 AM   #4
wicked4u2c
Registered
1
Rep
2
Posts

Drives: BMW
Join Date: Apr 2010
Location: California

iTrader: (0)

Thanks a lot! Yeah, it seemed way high to me.
Appreciate 0
      04-03-2010, 02:03 PM   #5
Year1of1
Lieutenant
Year1of1's Avatar
United_States
31
Rep
573
Posts

Drives: 2020 X5 M50
Join Date: Jan 2008
Location: New Jersey

iTrader: (0)

i pay 150 dollars less a month w/ no money down and more options
__________________
2008 128 - retired
2010 X5 - retired
2013 535 - retired
2015 X1 - retired
2020 X5 M50i - On Order
Appreciate 0
      04-03-2010, 02:25 PM   #6
SleepTight
Second Lieutenant
SleepTight's Avatar
United_States
33
Rep
287
Posts

Drives: 2013 BMW M5
Join Date: Dec 2009
Location: Long Island, New York

iTrader: (0)

Quote:
Originally Posted by Year1of1 View Post
i pay 150 dollars less a month w/ no money down and more options
When did your lease start? All manufacturers' lease rates have generally become less attractive as a result of tighter commercial credit and increased defaults by lessees. Even comparing lease terms from six months ago is not a true comparable.
Appreciate 0
Post Reply

Bookmarks

Tags
deal, lease, x5d

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:23 AM.




xbimmers
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST