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  #11  
Old 05-04-2011, 10:41 AM
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Man...

I can't imagine having a $1400 monthly car payment.
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  #12  
Old 05-04-2011, 10:44 AM
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Leasing it through my business so a bit of a tax benefit but yeah it's expensive but what the heck. You only live once!

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Man...

I can't imagine having a $1400 monthly car payment.
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  #13  
Old 05-04-2011, 06:34 PM
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Wow! Congrats on your new toy! I'm driving a 2012 X5 50i myself and I can't imagine what 100 more hps feels like!
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  #14  
Old 05-04-2011, 07:19 PM
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Ok so I'm feeling even better about this deal. Haven't signed on the dotted line yet but here's where I am so far...

Dealer checked & the X5M winter wheel/tire (298M) package is no longer available. All units sold out so I would have to wait till Fall until this year's winter package is released but he can't guarantee me a price although he said he will certainly "work" with me & give it to me at dealer cost. This is coming directly from the business manager not the salesperson so I trust he'll stick to his word if thats the way I go. He improved my deal a bit to compensate for the "risk" of the wheels so here's where I'm at:

$1K over invoice on a custom order 2012 X5M!
Dealer is applying in the BMW 3M stone guard as part of the deal
12K mile 36 month lease w/ $0 down and 7 MSDs which will reduce the MF by 49 basis points & 53% residual
Money Factor is .00149 less the MSDs so final MF is .0010 that's 2.4% which is an AWESOME rate so payments before state tax will be $1245/mo

Now this has all been verbal so far so I'll see how the paperwork looks but so far so good!
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  #15  
Old 05-04-2011, 07:22 PM
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Yeah I test drove the X5M & was like "It's just ridiculous to have this much power on an SUV" but LOVED the way it felt & looks!

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Wow! Congrats on your new toy! I'm driving a 2012 X5 50i myself and I can't imagine what 100 more hps feels like!
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  #16  
Old 05-04-2011, 07:33 PM
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Quote:
Originally Posted by chrgosselin View Post
Wow! Congrats on your new toy! I'm driving a 2012 X5 50i myself and I can't imagine what 100 more hps feels like!
more like 150hp more but who is counting. I think the 5.0 is pretty adequate due to similar torque numbers 450 vs 500lbs
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  #17  
Old 05-04-2011, 11:12 PM
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I have a set of used 298M wheels and tires taken off my 2010 X5M that was recently bought back by BMW. They have approximately 10k miles on them over two winters. Contact me for more info. They cost 3.2k new.
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  #18  
Old 05-04-2011, 11:59 PM
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Quote:
Originally Posted by Netsurfr View Post
Money Factor is .00149 less the MSDs so final MF is .0010 that's 2.4% which is an AWESOME rate so payments before state tax will be $1245/mo
Base rate for 2012 X5M for a 36 month lease is posted as .00195 on Bimmerfest. Is your dealer doing a below base rate deal (prior to MSD's obviously), or are May's rates that much improved?
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  #19  
Old 05-05-2011, 10:00 AM
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That was the rate he told me yesterday so not sure if May rates went lower but no I did not negotiate for a lower MF rate. The salesperson never heard of the Multiple Security Deposits concept so this is new to him. It could be that the .00149 is the MF AFTER the 7 MSDs and he made a mistake so that's why I'll wait till I see it on paper.

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Originally Posted by JDougM5 View Post
Base rate for 2012 X5M for a 36 month lease is posted as .00195 on Bimmerfest. Is your dealer doing a below base rate deal (prior to MSD's obviously), or are May's rates that much improved?
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  #20  
Old 05-05-2011, 12:27 PM
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Update...I made a mistake in the MF. Turns out it is .00195 and after the 7 MSDs it lowers to .00146 so interest rate is 3.5%.
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