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      04-03-2010, 12:21 AM   #1
wicked4u2c
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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
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      04-03-2010, 07:34 AM   #2
KEVIN88GT
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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?
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      04-03-2010, 10:27 AM   #3
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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
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      04-03-2010, 11:36 AM   #4
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Thanks a lot! Yeah, it seemed way high to me.
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      04-03-2010, 02:03 PM   #5
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i pay 150 dollars less a month w/ no money down and more options
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      04-03-2010, 02:25 PM   #6
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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.
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