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      07-03-2014, 08:47 PM   #1
jayjaybelbel
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Price quote

Hello there, few months ago, i submitted my X5 built and the total price for my order came out to $70,650. I'm planning on leasing the car and i wanted to ask for some inputs on how much should i be paying on the lease. Thanks in advance.
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      07-04-2014, 05:43 AM   #2
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Originally Posted by jayjaybelbel View Post
Hello there, few months ago, i submitted my X5 built and the total price for my order came out to $70,650. I'm planning on leasing the car and i wanted to ask for some inputs on how much should i be paying on the lease. Thanks in advance.
There's more information needed to give you an exact number. However, I did a rough one for you with the following data:

MSRP: $70,650
Selling Price: $67,000
Residual Value: $39564 (assuming 56%, which is the residual for a 15K/36 month lease on a X35i)
Money factor: .00130

I'm also assuming that you are putting nothing down and that BMW is going to charge you 825 in acquisition fees and 500 in title/other fees.

Including sales tax, this lease should cost about $1,000/mo. You'd pay your first payment when you took delivery, and another 35 payments after that.

If you can get around 1K a month, you're getting a pretty good deal. Anything under, that's getting into "really good deal" territory. Anything over 1030/mo or so, and your paying too much.

To work the numbers yourself:

http://www.edmunds.com/calculators/car-lease.html
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      07-05-2014, 01:21 AM   #3
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Thank you for the input. Really appreciate it
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