Lease quote

aas5 · 08-30-2010, 12:01 PM

Do you guys think this quote is a decent deal:

2011 x5 5.0
10k miles
nothing down
comfort access, navigation, rear climate, cold weather package, premium sound package
$915/month

Cornhusker · 08-30-2010, 02:07 PM

I'm no expert, i went to bmwusa.com and under lease offers it says 679/month for a new x5 50i. That doesn't include tax and it's probably 6 or 7k down...... Also it doesn't include all those options. Seems steep to me... maybe closer to 800?

giants84 · 08-30-2010, 03:22 PM

A fully loaded 5.0 goes for over 1k a month from nearly every dealer/leasing company.

roadkillrob · 08-30-2010, 04:29 PM

Actually doesn't sound bad, the online lease offer is for no options, you have 10k in options and is almost 6 grand down and not including tax or fees.

eberet · 08-30-2010, 09:09 PM

what dealer or broker are you using?

launchcontrol · 08-31-2010, 05:44 PM

Quote:

Originally Posted by aas5

Do you guys think this quote is a decent deal:

2011 x5 5.0
10k miles
nothing down
comfort access, navigation, rear climate, cold weather package, premium sound package
$915/month

that is a pretty good deal with nothing down!!!!

xofruitcake · 09-02-2010, 08:44 PM

Everyone who respond so far don't seem to know much about leasing except the payment (sorry for being blunt).. We don't know the length of the lease, so how can anyone value this lease? When someone ask if a lease deal is good or not, bacially he is asking for 3 thing, Is the sell price of the car good? Does the dealer mark up the money factor and generate additional profit? Does the dealer add on additional fee and pocket the money? With the information provide so far, how do anyone know whether this is a good deal or not????

Vintage · 09-02-2010, 08:55 PM

I think it is a good rate b/c NOTHING DOWN - so that $7k has to be recouped over time in each payment; thus, instead of $659/month (or whatever it is with a ton down at signing) you are paying nothing at signing but a little back each month extra.

Plus, if you priced it through traditional financing with Nothing Down, I bet your 60 month payment plan would easily be $1,200/month.

08-30-2010, 12:01 PM	#1
aas5 Captain 173 Rep 901 Posts Drives: 2022 Tesla Model 3 Join Date: Mar 2010 Location: NY iTrader: (0)	Lease quote Do you guys think this quote is a decent deal: 2011 x5 5.0 10k miles nothing down comfort access, navigation, rear climate, cold weather package, premium sound package $915/month
	Appreciate 0 Tweet Quote

08-30-2010, 02:07 PM	#2
Cornhusker Lieutenant 46 Rep 403 Posts Drives: 335i Join Date: Jan 2007 Location: Nebraska iTrader: (1)	I'm no expert, i went to bmwusa.com and under lease offers it says 679/month for a new x5 50i. That doesn't include tax and it's probably 6 or 7k down...... Also it doesn't include all those options. Seems steep to me... maybe closer to 800?
	Appreciate 0 Quote

08-30-2010, 03:22 PM	#3
giants84 Second Lieutenant 24 Rep 215 Posts Drives: 13 x6 5.0 Join Date: May 2010 Location: Brooklyn,New York iTrader: (0)	A fully loaded 5.0 goes for over 1k a month from nearly every dealer/leasing company.
	Appreciate 0 Quote

08-30-2010, 04:29 PM	#4
roadkillrob Major General 866 Rep 5,450 Posts Drives: 08 335i,22 X3M, 2012 C63 Black Join Date: Jul 2007 Location: Boston iTrader: (15)	Actually doesn't sound bad, the online lease offer is for no options, you have 10k in options and is almost 6 grand down and not including tax or fees. __________________ 2022 X3M Brooklyn Grey 2008 E93 335i FBO 2012 Mercedes C63 Black Series Alanite Grey
	Appreciate 0 Quote

08-30-2010, 09:09 PM	#5
eberet Registered 0 Rep 4 Posts Drives: 07 BMW X5 Join Date: May 2009 Location: Jericho iTrader: (0)	what dealer or broker are you using?
	Appreciate 0 Quote

09-02-2010, 08:44 PM	#7
xofruitcake Registered 0 Rep 1 Posts Drives: 2008 LS460/2005 Merc CLK55 Join Date: Sep 2010 Location: California iTrader: (0)	Lease basic Everyone who respond so far don't seem to know much about leasing except the payment (sorry for being blunt).. We don't know the length of the lease, so how can anyone value this lease? When someone ask if a lease deal is good or not, bacially he is asking for 3 thing, Is the sell price of the car good? Does the dealer mark up the money factor and generate additional profit? Does the dealer add on additional fee and pocket the money? With the information provide so far, how do anyone know whether this is a good deal or not????
	Appreciate 0 Quote

09-02-2010, 08:55 PM	#8
Vintage Colonel 381 Rep 2,588 Posts Drives: BMW G80 (MT), 718 Spyder Join Date: Aug 2009 Location: Austin, Texas iTrader: (0)	I think it is a good rate b/c NOTHING DOWN - so that $7k has to be recouped over time in each payment; thus, instead of $659/month (or whatever it is with a ton down at signing) you are paying nothing at signing but a little back each month extra. Plus, if you priced it through traditional financing with Nothing Down, I bet your 60 month payment plan would easily be $1,200/month.
	Appreciate 0 Quote