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      01-22-2013, 09:38 PM   #1
markE90
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2013 X5 diesel

I am in the market for the X5 diesel.

For those owners, I would like to see some numbers with your deals if you dont mind. Lease payments would be helpful.

Im getting a

2013 X5D
Alpine white
Black nevada leather
Dark bamboo trim
Premium package
Sport package
20" wheels
Running board
Sat Radio
BMW Apps

MSRP 65,245
Invoice 60,585

12K miles 36 months lease.

what would be a pleasant deal for this?

Thanks!
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      01-23-2013, 02:47 AM   #2
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What r u being offered?
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      01-23-2013, 03:14 PM   #3
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Our MSRP's are $200 apart, with 15k miles I ended up with $870/month including 9.5% tax, no money down, but with 7 (refundable) MSD's. With 12k miles (deduct $30/month) that would be $762 before taxes. Note that in some states you pay taxes over the entire sale price (Texas) and in some states you pay taxes over just the portion that you leased (WA state where I'm at).
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      01-23-2013, 03:56 PM   #4
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Quote:
Originally Posted by Rekla View Post
Our MSRP's are $200 apart, with 15k miles I ended up with $870/month including 9.5% tax, no money down, but with 7 (refundable) MSD's. With 12k miles (deduct $30/month) that would be $762 before taxes. Note that in some states you pay taxes over the entire sale price (Texas) and in some states you pay taxes over just the portion that you leased (WA state where I'm at).

I'm in WA as well. My MSRP was 64,095. My lease is 15K/year for 36 months, $0 money down and no MSD's............... and my payment is $757 before tax
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      01-24-2013, 06:45 AM   #5
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Thanks guys!
Im being offered 1600 down with $850/month inc tax
12k miles 36 month lease.

Whats MSD by the way?

Last edited by markE90; 01-24-2013 at 07:18 AM..
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      01-24-2013, 02:11 PM   #6
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MSD = Multiple Security Deposit. You can put up a maximum of 7MSD's to buy down your Money Factor (MF) - which basically is your interest. One MSD equals one monthly payment rounded up to the nearest 100 (in your case: $900, so 7 x 900 = $6,300). One MSD reduces the MF by 0.0007. MSD's are fully refundable upon lease end. It is not a good idea to put money down on a lease, if you crash the vehicle your money down is lost. It's not possible to judge your deal based on the info you provided; you need to negotiate sale price and money factor as other variables are "set" like residual once you decided upon your term and mileage.

http://www.ridewithg.com/index.php/2...-auto-leasing/
This website also has lease rates per brand and a handy lease calculator.
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      01-24-2013, 04:55 PM   #7
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Rekla..thanks so much for the info..it is really helpful!
I appreciate it!

Mark
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      01-24-2013, 09:12 PM   #8
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Don't know about your cost but you might want to take a hard look at the running board option. I Heard a lot of gripes about that thing. I didn't get it on mine and no regrets - even when I'm trying to get the skis off.
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      01-24-2013, 10:27 PM   #9
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Running boards can get my pants dirty if I am not careful.... But my wife and kids love them and I like the look
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      01-25-2013, 01:51 AM   #10
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Running boards looks nice...does it have any issues at all?
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      01-25-2013, 05:40 AM   #11
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gets your pants dirty if you aren't careful how you get out.
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      01-26-2013, 08:51 PM   #12
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Anymore inputs on your lease payments guys?

Whats the average lease payment for a $57,600
X5d? 12k 36mos.
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      01-27-2013, 06:58 PM   #13
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Quote:
Originally Posted by markE90
Anymore inputs on your lease payments guys?

Whats the average lease payment for a $57,600
X5d? 12k 36mos.
I wouldn't focus on the payments initially, but start on the actual price you will pay above invoice. I'd say any deal between $500 and $1,000 above invoice is decent, though several people manage to get below that (make sure when you negotiate price it is "all in", as dealers can be sneaky in adding stuff afterwards as additional fees). The other thing you want to focus on is the money factor (the "interest rate" on a lease). If I am not mistaken BMW suggests a money factor, but allows dealers to mark it up a bit, so ask about it and use the Internet to find out how it compares to the BMW official one. As mentioned before in this thread, you can buy down your money factor by putting in up to 7 security deposits, which if you run the numbers, works out to a pretty good return on that money. If you do your homework and get a good price and the MF locked, the result sholud be good in terms of payments.

The advantage of doing this instead of just focusing on payments is that the monthly payment differential between a good and a not so good price and/or between a marked up MF and the standard MF might look irrelevant or very small (not so much when you multiply it times 36...).

Go to bmwconfig.com it has good tools for negotiating a good lease deal.
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      01-27-2013, 08:37 PM   #14
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Thanks! Thats pretty well explained!
Sorry im new to leasing.
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      01-28-2013, 10:04 AM   #15
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Quote:
Originally Posted by markE90 View Post
Thanks! Thats pretty well explained!
Sorry im new to leasing.

Couple more things: when you are making your calculations make sure you adjust your invoice price for the $3,500 eco-credit (in other words get the actual invoice amount and then subtract $3,500 and negotiate your deal based on that adjusted invoice price). Also don't forget to add at the end the $725 acquisition fee (be careful there too, as that is another place where BMW suggests that amount, but dealers can mark it up by up to $200, and will tell you that is a BMW fee that they can't do anything about....). Finally, if you are a BMW FS current customer you get $750 in loyalty cash which you can apply to reduce your capitalized cost.

I was in your situation three years ago: first time leasing and with little idea about it. I am glad I found this and other forums. It was like taking a leasing for dummies course, and definitely paid off. Then a month back I was negotiating my new lease and needed a refresher, and again this and other forums and bmwconfig.com helped me refresh my memory and negotiate a fairly good deal again. So don't be afraid to ask questions (though search the forums first, as most questions have already been answered in the past), we have all had a first time...

Good luck!
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