Opinions on my X5M lease deal - thanks!

[zgco]

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

[X54SiQI]

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?

[Berriosc]

Can u post any pics?

[michaelpnett]

Originally Posted by zgco

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

Seems a little high.

[Michael_s]

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.

[cmk227]

A bit high man. Consider another dealer if you have too.

[tonypap]

I would say this should be at about the $1500/mo range.

[nyranger74]

Wow, 1700 for a lease, not worth it at all

[zgco]

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.

[dom55]

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.

[M3Bahn]

Seems way too high, contact one of the forum sponsors and see what they can do for you.

[zgco]

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.

[X54SiQI]

I don't know about you but its still too high for me. That's $50K after 3 years lease, just my tho.

[michaelpnett]

http://www.6speedonline.com/forums/a...ack-lease.html

[michaelpnett]

Honestly 1450 is pretty good for a 15K lease

[jlee]

Originally Posted by zgco

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.

I think this is a pretty good deal for 2012, 15k, 0 down.

Jeff

[zgco]

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!

[kw335i]

You did good, now go enjoy the car and forget about all these #s!!