Pricing on X5 M

[Gauntlet]

Hey All,

Looking for some recent pricing on this model. Any help around leasing rates and terms on invoice pricing would be greatly appreciated!

I'm in N. California.

Gauntlet

[ek1]

Originally Posted by Gauntlet

Hey All,

Looking for some recent pricing on this model. Any help around leasing rates and terms on invoice pricing would be greatly appreciated!

I'm in N. California.

Gauntlet

I am also in the market for a 2012 X5 M. Here is the info I have so far.

Dealers in the NY/NJ/CT area willing to sell for either invoice or $500 over invoice, though not directly to the customer. Residual after 36 months is only 51%, which is pretty low but still better than most other brands/models. To further discount the price, you can do 2 things -

1.) Sign up for BMW drive for Team USA and get a $1000 certificate towards any BMW. See http://www.bmwusa.com/driveforteamusa. Keep in mind that this certificate can only be applied towards the cap cost of the vehicle, and not the lease payments, so BMW treats this $1000 certificate as if you made a $1000 down payment, so your cap cost becomes $1000 lower, while residual stays the same. Result= lower lease payment.

2. If you or your family member currently have a BMW, you are eligible for a BMW loyalty discount. This can be applied either as a $1000 one-time discount towards the cap cost or as a lease finance rate reduction. Money wise the rate reduction is much more preferrable because it lowers your monthly lease payments by around $30, which is a lot.

The X5 M with options that I want has an MSRP of $95,925 and I was quoted around $1360/mo (including taxes) with around $2550 out of pocket (aquisition fee, DMV fees, some other crap fees and a 1st month payment). This is for 36 months, 12K miles per year. If you go for 10K miles/yr, you pay $30 less per month. There is also a disposition fee at the end of the lease.

Most importantly, dont make a mistake of going to the dealership and buying the car directly from them. Thats when they rape you, at least on the East Coast. I am not sure if east coast leasing brokers can sell cars to the west coast, but I can ask if you want. Then again, there are plenty of leasing companies on the Internet.

[Gauntlet]

Thanks, that's good info. Do you know what the invoice on the car is?

I'm looking at the same residual and the current MF is quoted as .00165.

Thanks!

[Michael_s]

Invoice is approx MSRP minus 7%.

[Gauntlet]

Thanks, I was pretty close....appreciate your help!

[PIEZON]

Originally Posted by ek1

I am also in the market for a 2012 X5 M. Here is the info I have so far.

Dealers in the NY/NJ/CT area willing to sell for either invoice or $500 over invoice, though not directly to the customer. Residual after 36 months is only 51%, which is pretty low but still better than most other brands/models. To further discount the price, you can do 2 things -

1.) Sign up for BMW drive for Team USA and get a $1000 certificate towards any BMW. See http://www.bmwusa.com/driveforteamusa. Keep in mind that this certificate can only be applied towards the cap cost of the vehicle, and not the lease payments, so BMW treats this $1000 certificate as if you made a $1000 down payment, so your cap cost becomes $1000 lower, while residual stays the same. Result= lower lease payment.

2. If you or your family member currently have a BMW, you are eligible for a BMW loyalty discount. This can be applied either as a $1000 one-time discount towards the cap cost or as a lease finance rate reduction. Money wise the rate reduction is much more preferrable because it lowers your monthly lease payments by around $30, which is a lot.

The X5 M with options that I want has an MSRP of $95,925 and I was quoted around $1360/mo (including taxes) with around $2550 out of pocket (aquisition fee, DMV fees, some other crap fees and a 1st month payment). This is for 36 months, 12K miles per year. If you go for 10K miles/yr, you pay $30 less per month. There is also a disposition fee at the end of the lease.

Most importantly, dont make a mistake of going to the dealership and buying the car directly from them. Thats when they rape you, at least on the East Coast. I am not sure if east coast leasing brokers can sell cars to the west coast, but I can ask if you want. Then again, there are plenty of leasing companies on the Internet.

May I ask what dealer quoted this to you?

[jlee]

I would look around for a leftover 2010, there are still some around. I just picked one up a month ago.

I think net net it was around $15K off MSRP.

Jeff

[M3 NY]

Originally Posted by ek1

I am also in the market for a 2012 X5 M. Here is the info I have so far.

Dealers in the NY/NJ/CT area willing to sell for either invoice or $500 over invoice, though not directly to the customer. Residual after 36 months is only 51%, which is pretty low but still better than most other brands/models. To further discount the price, you can do 2 things -

1.) Sign up for BMW drive for Team USA and get a $1000 certificate towards any BMW. See http://www.bmwusa.com/driveforteamusa. Keep in mind that this certificate can only be applied towards the cap cost of the vehicle, and not the lease payments, so BMW treats this $1000 certificate as if you made a $1000 down payment, so your cap cost becomes $1000 lower, while residual stays the same. Result= lower lease payment.

2. If you or your family member currently have a BMW, you are eligible for a BMW loyalty discount. This can be applied either as a $1000 one-time discount towards the cap cost or as a lease finance rate reduction. Money wise the rate reduction is much more preferrable because it lowers your monthly lease payments by around $30, which is a lot.

The X5 M with options that I want has an MSRP of $95,925 and I was quoted around $1360/mo (including taxes) with around $2550 out of pocket (aquisition fee, DMV fees, some other crap fees and a 1st month payment). This is for 36 months, 12K miles per year. If you go for 10K miles/yr, you pay $30 less per month. There is also a disposition fee at the end of the lease.

Most importantly, dont make a mistake of going to the dealership and buying the car directly from them. Thats when they rape you, at least on the East Coast. I am not sure if east coast leasing brokers can sell cars to the west coast, but I can ask if you want. Then again, there are plenty of leasing companies on the Internet.

Don't forget the BMW CCA discount ($1k) if you’re a member for over 1 year!