Is this a good lease deal on the X5M?

ARam · 11-12-2015, 10:02 AM

Guys! I started to do some homework and i'm considering jumping into a base model 2016 X5M with Multi-Security deposit (8K). Is the below #'s a good deal? $1216.00 a month for 36month.

m34SPD · 11-12-2015, 10:22 AM

Should be lower. You can get a fully loaded one for basically $1400/$1500~ before taxes and without MSD.

vstM3 · 11-13-2015, 02:02 PM

Try truecar.com, you will get an idea what to ask for. Good luck!

PhantomCypher · 11-14-2015, 12:11 PM

Deal I got:

2015 X5M loaded (IMO)

MSRP: $112,600
SP: $100,000
7 MSDs down

36/10k

$1,167 +tx

vstM3 · 11-14-2015, 03:40 PM

Quote:

Originally Posted by PhantomCypher

Deal I got:

2015 X5M loaded (IMO)

MSRP: $112,600
SP: $100,000
7 MSDs down

36/10k

$1,167 +tx

Thats an awesome deal! Was it for a car on the lot or order?

shivaswrath · 11-16-2015, 04:12 PM

Quote:

Originally Posted by MMG640

Should be lower. You can get a fully loaded one for basically $1400/$1500~ before taxes and without MSD.

Agreed.

ItaliaM3 · 11-16-2015, 04:24 PM

Quote:

Originally Posted by PhantomCypher

Deal I got:

2015 X5M loaded (IMO)

MSRP: $112,600
SP: $100,000
7 MSDs down

36/10k

$1,167 +tx

Where did you get that deal?

ARam · 11-16-2015, 04:27 PM

Quote:

Originally Posted by PhantomCypher

Deal I got:

2015 X5M loaded (IMO)

MSRP: $112,600
SP: $100,000
7 MSDs down

36/10k

$1,167 +tx

That is a good deal.

ARam · 11-16-2015, 04:34 PM

Quote:

Originally Posted by vstM3

Try truecar.com, you will get an idea what to ask for. Good luck!

I tried truecar.com over the weekend and drove to the dealer with a truecar.com discount of 8% off over MSRP. And i got a received some new deal #'s but they didn't wanted to give it to me in writing bc they were worry that i would drive to another dealer....

$1100.00 with 5K to drive off
or
$1000.00 with 9K to drive off

I don't know but seem better than the first deal and i don't have to put my money to MSD.

What do you guys think? Can it get better? I told the dealer to let me sleep on it.

AlexLou1222 · 11-17-2015, 01:38 AM

That's cheap

Alan l. · 11-17-2015, 07:54 AM

Quote:

Originally Posted by ARam

I tried truecar.com over the weekend and drove to the dealer with a truecar.com discount of 8% off over MSRP. And i got a received some new deal #'s but they didn't wanted to give it to me in writing bc they were worry that i would drive to another dealer....

$1100.00 with 5K to drive off
or
$1000.00 with 9K to drive off

I don't know but seem better than the first deal and i don't have to put my money to MSD.

What do you guys think? Can it get better? I told the dealer to let me sleep on it.

Putting MSD is better than putting money down for a lease. Its never a good idea to put a lot of money down on a lease because if you wreck the vehicle down the block from the dealer the insurance won't refund you back your down payment. Its like paying rent for 3 years in advance and the building goes up in flames 3 months in.

Alan

aas5 · 11-17-2015, 09:30 AM

Quote:

Originally Posted by PhantomCypher

Deal I got:

2015 X5M loaded (IMO)

MSRP: $112,600
SP: $100,000
7 MSDs down

36/10k

$1,167 +tx

I think that's a very good deal. I am surprised they gave you this much off of the MSRP unless this was a demo car or the last 2015 car they had in the lot. Congrats!

ARam · 12-02-2015, 10:12 AM

So i finally put pen to paper.

... My deal is below: I will take delivery of the 2016 X5M sometime in Dec 2015. I'm no LEASE expert and and i think it was the best deal after getting 10 different quote from different dealers.

$1047.00 a month + First Payment and TAX
36month
10k a year
Total MSRP as Built $104,395

KMFX6M · 12-02-2015, 12:10 PM

Quote:

Originally Posted by ARam

So i finally put pen to paper.

... My deal is below: I will take delivery of the 2016 X5M sometime in Dec 2015. I'm no LEASE expert and and i think it was the best deal after getting 10 different quote from different dealers.

$1047.00 a month + First Payment and TAX
36month
10k a year
Total MSRP as Built $104,395

What do you mean 1047 a month PLUS 1st pay and tax? I don't understand. Do you mean it is including tax? How much is your total drive off?

ARam · 12-02-2015, 12:12 PM

Quote:

Originally Posted by KMFX6M

Quote:

Originally Posted by ARam

So i finally put pen to paper.

... My deal is below: I will take delivery of the 2016 X5M sometime in Dec 2015. I'm no LEASE expert and and i think it was the best deal after getting 10 different quote from different dealers.

$1047.00 a month + First Payment and TAX
36month
10k a year
Total MSRP as Built $104,395

What do you mean 1047 a month PLUS 1st pay and tax? I don't understand. Do you mean it is including tax? How much is your total drive off?

9K to drive off!! The 9k is to pay tax+dmv fees and some cap-cost.

KMFX6M · 12-02-2015, 12:46 PM

Quote:

Originally Posted by ARam

9K to drive off!! The 9k is to pay tax+dmv fees and some cap-cost.

So its 1047 + tax (probably 9%) so $1141.23 including tax? Or your 1047 is already including the tax in it?

ARam · 12-02-2015, 12:51 PM

Quote:

Originally Posted by KMFX6M

So its 1047 + tax (probably 9%) so $1141.23 including tax? Or your 1047 is already including the tax in it?

Your math confuses me a little bit

... Yeah i think in NYC tax is like 9%. Where did you get the extra $100.00 or so and what do you want to prove ($3600 after 36 months)? I'm just asking kindly and i want to be on the same page as you. $1047 a month is paying tax UPFRONT.. 9K to drive off the lot....

KMFX6M · 12-02-2015, 02:17 PM

Quote:

Originally Posted by ARam

Your math confuses me a little bit

... Yeah i think in NYC tax is like 9%. Where did you get the extra $100.00 or so and what do you want to prove ($3600 after 36 months)? I'm just asking kindly and i want to be on the same page as you. $1047 a month is paying tax UPFRONT.. 9K to drive off the lot....

Nevermind.. As long as you are happy that's all that matters. Congrats, 1047 sounds like a great deal

ARam · 12-02-2015, 02:51 PM

Quote:

Originally Posted by KMFX6M

Nevermind.. As long as you are happy that's all that matters. Congrats, 1047 sounds like a great deal

True... Will post picks when i take delivery this late Dec..

AlexLou1222 · 12-02-2015, 03:50 PM

Don't the lease payment usually includes tax and you pay it every month?

And you paid the whole 3 year tax upfront? which is included in the 9k?

UrbanExtant · 12-02-2015, 04:13 PM

Quote:

Originally Posted by AlexLou1222

Don't the lease payment usually includes tax and you pay it every month?

And you paid the whole 3 year tax upfront? which is included in the 9k?

I believe it's still the same as when I grew up there, and the whole sales tax amount has to be paid upfront with leases in NY State. There are several states like that in the country.

ARam · 12-02-2015, 04:24 PM

Quote:

Originally Posted by UrbanExtant

Quote:

Originally Posted by AlexLou1222

Don't the lease payment usually includes tax and you pay it every month?

And you paid the whole 3 year tax upfront? which is included in the 9k?

I believe it's still the same as when I grew up there, and the whole sales tax amount has to be paid upfront with leases in NY State. There are several states like that in the country.

Yeah! I was given the option to add it to the lease or pay it upfront. I will decided on the day of the delivery to put it to the lease or not. Just like the low $1047 a month low payment.

11-12-2015, 10:02 AM	#1
ARam First Lieutenant 61 Rep 320 Posts Drives: 2016 BMW X5M Join Date: May 2007 Location: New York City (Upper West Side) iTrader: (0)	Is this a good lease deal on the X5M? Guys! I started to do some homework and i'm considering jumping into a base model 2016 X5M with Multi-Security deposit (8K). Is the below #'s a good deal? $1216.00 a month for 36month. Attached Images
	Appreciate 0 Tweet Quote

11-12-2015, 10:22 AM	#2
m34SPD Picture me rollin' 307 Rep 1,130 Posts Drives: e36 m3, e39 m5, f80 m3 CS Join Date: Feb 2009 Location: At the gas station iTrader: (0)	Should be lower. You can get a fully loaded one for basically $1400/$1500~ before taxes and without MSD.
	Appreciate 0 Quote

11-13-2015, 02:02 PM	#3
vstM3 First Lieutenant 84 Rep 382 Posts Drives: 2015 F80 M3 Join Date: Aug 2012 Location: USA---Midwest iTrader: (0)	Try truecar.com, you will get an idea what to ask for. Good luck! __________________ Current: 2015 BMW F80 M3 Retired: 2012 BMW 335is Other: 2014 Mini Cooper
	Appreciate 0 Quote

11-14-2015, 12:11 PM	#4
PhantomCypher Private First Class 30 Rep 165 Posts Drives: Ferrari FF, Hellcat, Maserati Join Date: Aug 2012 Location: AZ iTrader: (0)	Deal I got: 2015 X5M loaded (IMO) MSRP: $112,600 SP: $100,000 7 MSDs down 36/10k $1,167 +tx __________________ ///M PhantomCypher
	Appreciate 0 Quote

11-17-2015, 01:38 AM	#10
AlexLou1222 First Lieutenant 96 Rep 374 Posts Drives: 2015 X6M 2014 X1 Join Date: Oct 2015 Location: Vegas baby! iTrader: (0)	That's cheap __________________ 992 Turbo S X7 M60
	Appreciate 0 Quote

		BMW X5 and X6 Forum (F15/F16) > BMW X5 (F15) and BMW X6 (F16) Forum > BMW X5M (F85) and X6M (F86) Forum
Is this a good lease deal on the X5M?

12-02-2015, 10:12 AM	#13
ARam First Lieutenant 61 Rep 320 Posts Drives: 2016 BMW X5M Join Date: May 2007 Location: New York City (Upper West Side) iTrader: (0)	So i finally put pen to paper.... My deal is below: I will take delivery of the 2016 X5M sometime in Dec 2015. I'm no LEASE expert and and i think it was the best deal after getting 10 different quote from different dealers. $1047.00 a month + First Payment and TAX 36month 10k a year Total MSRP as Built $104,395 Last edited by ARam; 12-02-2015 at 10:17 AM..
	Appreciate 0 Quote

12-02-2015, 03:50 PM	#20
AlexLou1222 First Lieutenant 96 Rep 374 Posts Drives: 2015 X6M 2014 X1 Join Date: Oct 2015 Location: Vegas baby! iTrader: (0)	Don't the lease payment usually includes tax and you pay it every month? And you paid the whole 3 year tax upfront? which is included in the 9k? __________________ 992 Turbo S X7 M60
	Appreciate 0 Quote