12-10-2011, 02:24 PM | #1 |
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Opinions on my X5M lease deal - thanks!
MSRP $100,025
Lease Term: 36 months / 3 years Allowed mileage: 15k year / 45k Initial Cap Cost: $97,825 Assignment Fee: $725 Adjust Cap Cost: $98,949 Cap. Reduction: 6.0000% Lease Factor: .00235 (seems too high as I have leased numerous cars from this dealer) Total Monthly With Tax: $1,716 Appreciate any input, Cheers Last edited by zgco; 12-10-2011 at 02:48 PM.. Reason: Ammendment |
12-10-2011, 02:51 PM | #2 |
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Never did a lease before, but that $17xx is about the price that I get financing with my X5M for 5 years loan. Isn't lease is a lot cheaper?
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12-10-2011, 05:36 PM | #4 | |
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12-10-2011, 08:25 PM | #5 |
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You can do much better I think. If you want a referral let me know. I was actually at my BMW place today. 750i X Drive M Sport with MSRP over 100K was 1100 per month. I walked as I didn't love the car and they texted me to name my price witin reason.
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12-10-2011, 09:39 PM | #6 |
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A bit high man. Consider another dealer if you have too.
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12-11-2011, 01:33 PM | #9 |
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Thanks - 2 more questions re X5 M lease offer
Thanks for all the replies - thought as much - will definitely do better - contacted another dealer as well - bit limited since I am in Colorado - will post what I ended up with next week - two more questions to throw out to all the experts:
1. Generally, about how much should a dealer come down from MSRP (build $100,000 '12 x5 M) - does about $4K - $5k off MSRP sound about right 2. On the lease what money (lease) factor should I ask for? I was quoted .00235 (have great credit rating and have leased two other BMWs). Again, think this is too high. Perhaps leasing is not the way to go. Cheers. |
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12-11-2011, 06:58 PM | #10 |
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I was just at the dealer yesterday and the base rate for a 2012 X5M was 0.00195. If you have leased or financed with BMW financial in the past you can get a base rate of 0.00165.
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12-14-2011, 08:53 AM | #12 |
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Latest offer for the '12 X5m (loaded minus the rear entertainment system but plus the towing package - MSRP of about $100,000) for 36 months / 15k / $0 down, puts my monthly at $1450 (tax included) - better than the original offer of $1716, which didn't include the towing package - different dealer - any thoughts - Cheers.
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12-14-2011, 03:17 PM | #13 |
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I don't know about you but its still too high for me. That's $50K after 3 years lease, just my tho.
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12-14-2011, 08:14 PM | #14 |
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12-17-2011, 02:09 PM | #16 | |
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12-28-2011, 03:57 PM | #17 |
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X5M - My 3 year/15k/$0 down lease
Closed on the following deal for a X5M with a MSRP of $100,025 - thanks for everyone's help - included in the price: hitch package/install, cargo liner, 4x tire totes, and all-weather mats:
Lease: 3 years / 15k / $0 down. Monthly payments off $ 1459.61. $696.65 tax due at signing. I also purchased 4x Nokian Hakkapeliitta R (runflat) SUV tires 255/50R19 with 298M rims from this dealer with the price breaking down as follows (install included): $1836 total for the 4 rims 298M $373.84 Wheel Sensors $78.92 Valve stems $1620 Tires Happy 2012! |
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12-28-2011, 04:28 PM | #18 |
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You did good, now go enjoy the car and forget about all these #s!!
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